Answer:
$8,200
Explanation:
The amount of asset that is not covered under the insurance policy would not be claimable so if the amount of insurance policy that covers jewelry of worth $1000 and silverware of worth $2,500 then the total claimable insurance would be $3500 ($1000 for both Jewelry and $2500 for silverware).
The jewelry stolen is worth $5200 and out of it $4200 is not claimable because $1000 of this is covered under the insurance policy. Likewise the silverware worth of $6500 has been stolen of which $4000 is not claimable because $2500 of this is covered under the insurance policy.
The claim that would be not covered under the insurance policy would be:
Non claimable insurance amount = ($5,200 - $1,000) + ($6,500 - $2,500)
= $8,200
Answer:
Option C is correct
Explanation:
This means an increase in actual price would make quantity aggregate supply curve to shift to the right.
Missing information:
<u>Balance sheet
</u>
Current assets $3,300 Current liabilities $2,200
Fixed assets $10,200 Long-term debt $3,750
Equity $7,550
Total $13,500 Total $13,500
<u>Income statement</u>
Sales $6,600
Costs $5,250
Taxable income $1,350
Taxes (34%) $459
Net income $891
Answer:
$1,350.60
Explanation:
external financing needed = [(assets / sales) x ($ Δ sales)] - [(current liabilities / sales) x ($ Δ sales)] - [profit margin x forecasted sales x (1 - dividend payout ratio)]
EFN = [($13,500 / $6,600) x $1,188] - [($2,200 / $6,600) x $1,188] - [(0.135 x $7,788 x (1 - 0.35)]
EFN = $2,430 - $396 - $683.40 = $1,350.60
External financing refers to the amount of money that a business must either borrow or raise capital in order to keep operating as they have been doing so.
There are several first mover advantages including:
-Brand recognition: better chance of being recognized if you were the first to do something
- Economies of Scale: learn how to perfect and grown in the market before other competitors come along
-Switching costs: when customers are established with the first brand they are less likely to want to spend the money to switch to a new competitor
