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3 years ago

In some cases, it is safe to avoid insurance because

Business

2 answers:

Brums [2.3K]3 years ago

8 0

It may not be needed

padilas [110]3 years ago

7 0

In some cases it's safe to avoid insurance because the insurance company may not be needed at the time or they may try to bribe you to spend a lot more then you anticipated

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(a) Write down 5 projects you think will lend themselves well to a Cost Benefit Analysis. Include for each of them, reasons as t

kati45 [8]

Answer:

Food chain project, Tech startup, Road construction , expansion of clothing line, construction of dams

Investment in stocks, National economic planning , Railway construction , Employee housing, Investment in Insurance

C) The food chain project

D) Investment in stocks

Explanation:

A) 5 projects that will lend themselves well to a cost benefit analysis

Food chain project ; A food chain project can lend itself properly to cost benefit analysis, The owner or Financier of the project can estimate the exact costs to be incurred in adding various delicacies to the Food chain project and he can also evaluate the revenue that each delicacy can generate at a given time based on the demand hence cost benefit analysis can be applied here
A tech startup : A tech startup can effectively implement cost benefit analysis by evaluating the cost of employing programmers based on their input and the revenue expected to be generated from the Tech startup products.
Road construction project : A road construction project is usually broken down into different project phases and this phases help the project coordinator to have an overview of the cost benefit of the project.
Expansion of a clothing line : In The expansion of a clothing line Cost Benefit Analysis can be applied, I.e. the cost of setting up clothing stores in various regions will be calculated first and then the expected profits from those outlets can be determine within a period
construction of dams : The cost benefit analysis will compare the cost of building and the benefit / revenue to be generated in the long run

B) 5 projects that do not lend themselves to cost benefit analysis

Investment in stocks : The cost benefit analysis cannot be properly carried out in this can of project because some uncertainties associated with stocks
National economic planning project; Cost benefit analysis can not be properly implemented her because the sole aim of National economic planning is to sustain the economy and some uncertainties can erupt which was not included in the economic plan
Railway project : Due to the terrain of some areas the exact cost benefit analysis can not be properly implemented and also the scope of railway construction is broad in general.
Employee housing project : Cost benefit analysis cannot be implemented here because the housing project does not benefit the company that owns the building but just the employees
Investment in Insurance : The cost benefit analysis can not be properly implemented due to the uncertainties that life brings

C) In part A The best project for me is

<em>The food chain project</em> and this is due to is simplicity in analysis via the cost benefit analysis

D) In part B the Least project for me is

<em>Investment in stocks </em>and this is due to the Volatility and uncertainty surrounding stock investment and trading

5 0

3 years ago

Ruben, Gerald, and Norma all work for the same company. Gerald and Norma both evaluate the company’s financial picture, but Gera

dmitriy555 [2]

Answer:

The correct answer is (B)

Explanation:

Trust homie

7 0

3 years ago

Read 2 more answers

Josh purchased 100 shares of XOM for $76.63 per share at the beginning of 2007. He received dividends per share of $1.37 (2007),

never [62]

Answer:

The IRR is 4.08%

Explanation:

In calculating the internal rate of return in excel,the cash outflow of $76.63 is shown in year 0 with a negative sign to indicate that it is the initial investment on the share, followed by dividends in received in later years shown as positive figures ,however in the fifth the dividend received and the cash received from disposing of the share were added together to show total cash inflow in the last year.

The computation of IRR is shown below

IRR for the share purchase

Years Cash flow

0 -76.63

1 1.37

2 1.55

3 1.66

4 1.74

5 86.61

IRR 4.08%

Find attached for detailed computation.

Download xlsx

4 0

3 years ago

June 1 Stockholders invested $21,800 cash in the business in exchange for common stock. 2 Purchased a used van for deliveries fo

True [87]

Answer:

June 1st

Cash 21,800 debit

Common Stock 21,800 credit

June 2nd

Van-automobile 14,200 debit

Cash 4,000 credit

Note payable 10,200 credit

June 3rd

Rent expense 400 debit

Cash 400 credit

June 5th

Accounts receivables 5,200 debit

Sales Revenue 5,200 credit

June 9th

Dividends 300 debit

Cash 300 credit

June 12th

Supplies 200 debit

Accounts Payable 200 credit

June 15th

Cash 1,400 debit

Accounts receivables 1,400

June 17th

Gasoline expense 200 debit

Accounts Payable 200 credit

June 20th

Cash 1,300 debit

Service Revenue 1,300 credit

June 23th

Note payable 600 debit

Cash 600 credit

June 26th

utilities expense 350 debit

cash 350 credit

June 29th

accounts payable 200 debit

cash 200 credit

June 30th

salaries expense 1,730 debit

cash 1,730 credit

Explanation:

Rules to perform journal entries:

credit = debit

also there should be at lease one account on debit and one in credit.

We must also remember that debits must be enter first.

Also, each acount must represent a single event or stuff. It cannot represent both stuff.

7 0

4 years ago

_____ are responsible for developing operational plans. select one:

adell [148]

Board of directors
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7 0

4 years ago