The judge is most likely to find negligent misrepresentation
What is judge?
A judge is a person who, either alone or as part of a panel of judges, preside over court proceedings. A judge examines all of the witnesses and any additional evidence presented by the case's lawyers or solicitors, examines the parties' credibility and argument, and then renders a decision based on their interpretations of the law and personal judgement. A judge is anticipated to preside over the trial impartially and in public. Judges' powers, functions, methods of appointment, punishment, and training varied greatly between jurisdictions. The judge's authority may be shared with a jury in various jurisdictions. In inquisitorial criminal inquiry systems, a judge may also serve as an examining magistrate.
Therefore, the correct option is (C) negligent misrepresentation
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Jacqueline was at an antique book store. She was interested in purchasing a very old edition of Dickens' Great Expectations. Jacqueline remarked that the price was quite high, but Mark, the sales clerk, told her that it was a first edition. Mark was not sure the book was actually a first edition. He could have easily verified this because the owner of the shop, Mr. Sykes, was an expert on Dickens and antique books. Mr.Sykes was in his office a few steps from the counter. Mark was rather lazy, and he thought it was too much bother to check with Mr.Sykes, so he sold Jacqueline the book at a very high price. Jacqueline had the book appraised and learned later that it was not a first edition. She tried to return the book, but Mark said all sales were final. Jacqueline sued saying that Mark had misrepresented the fact that the book was a first edition. The judge is most likely to find: _______.
A. duress
B. fraudulent misrepresentation
C. negligent misrepresentation
D. innocent misrepresentation
a respondent is given a list of four local shopping malls and asked to put them in order, from the one he most likes to shop at to the one he least likes to shop at. this is a(n) task.
A respondent is given a list of four local shopping malls and asked to put them in order, from the one he most likes to shop at to the one he least likes to shop at. This is a task of Research Marketing.
What is Research Marketing?
Market research is a systematic attempt to learn as much as possible about target markets and consumers, starting with who they are. It is a crucial element of corporate strategy and a key contributor to keeping competitiveness.
What are the types of Market Research?
Primary market research, which includes focus groups, polls, and surveyssecondary market research, which includes articles, info graphics, and white papers qualitative research, which provides insights into how customers feel and thinkquantitative research, which employs data and statistics, including website views, social media engagement, and subscriber counts, are the main types of market research.To learn more about market research from the given link
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Cassandra worked 20 hours last week at an hourly rate of $12 per hour. she paid $55 in taxes. the amount she keeps is called her: question 2 options: a. gross profit b. net pay c. gross pay d. net profit
The amount she keeps is called her gross pay.The promised salary is typically stated as the gross pay in job advertisements. This amount, which does not include any immediate or long-term incentives or bonuses, is sometimes referred to as your base salary.
Is a salary net or gross?The promised salary is typically stated as the gross pay in job advertisements. This amount, which does not include any immediate or long-term incentives or bonuses, is sometimes referred to as your base salary. Your net pay is what's left over after taxes and other withholdings have been deducted from your gross compensation.Before taxes, benefits, and other payroll deductions are taken out of an employee's paycheck, that amount is known as their gross pay. Net pay, often known as take-home pay, is the amount that is left after all withholdings have been taken into account. The promised salary is typically stated as the gross income in job advertisements. This amount, which does not include any immediate or long-term incentives or bonuses, is sometimes referred to as your base salary.To learn more about gross pay refer to:
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in the long run, monopolistically competitive firms tend to experience: a zero economic profits. b allocative efficiency. c diseconomies of scale. d negative economic profits. e high economic profits.
Option (A) is the best choice. Monopolistically competitive businesses typically end up with no economic profits over time.
What transpires to monopolistic competition over time?
Long-term economic gains or losses in monopolistic competition will be removed by entry or leave, leaving firms with no economic gains. There will be some excess capacity in a monopolistically competitive business; this could be seen as the price paid for the variety of products that this market structure brings about.
Since average revenue equals average cost, monopolistic competition results in long-term losses for businesses. Companies in monopolistic competition are unable to control the market pricing that would enable them to enhance their profits due to the plenty of sellers and the freedom of entry and departure for businesses.
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the business school of fau, boca raton, fl, has the capacity to enroll 1,500 business students in its class offerings every semester. nevertheless, the dean of the college, fr. francis bertram, to facilitate student learning and interaction, has limited the enrollment to 1,200 students. despite a high demand for business courses, schedule conflicts and financial needs allowed only 1,100 students to enroll in business courses. compute the capacity efficiency of this educational system.
the capacity efficiency of this educational system is more than 90%
Efficiency = 91.67%
Performance is the regularly measurable potential to avoid losing materials, power, effort, money, and time in doing something or in generating the desired result. In an extra well-known sense, it's miles the capability to do matters properly, efficiently, and without waste. As described by way of Deborah Stone, efficiency is "accordingly no longer an intention in itself. It isn't something we need for its own sake, however instead as it allows us to reap extra of the things we price." In more mathematical or scientific terms, it indicates the extent of overall performance that uses the least amount of inputs to attain the very best amount of output. It often especially comprises the capability of a selected software to attempt to produce a specific final result with a minimum amount or quantity of waste, fee, or unnecessary effort.
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which of the following would not cause a shift in aggregate demand? a. a fall in the cost of production b. a reduction in income tax c. a reduction in interest rates d. an increase in government spending
The correct option is a. Fall in the cost of production would not cause a shift in aggregate demand.
The total quantity of demand for all products and services generated in an economy is measured as aggregate demand. The total amount of money spent on those services and goods at a particular price level and time is known as aggregate demand. A macroeconomic concept known as "aggregate demand" refers to the total demand for products and services during a specific time period at any given price level. Since the two indicators are computed in the same way, aggregate demand is equal to GDP over the long run. Aggregate demand is the desire or demand for those products, whereas GDP is the total value of goods and services produced in an economy.
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Upscale retailers, such as Saks Fifth Avenue, feature customer service as their significant point of difference and use that difference to
compete with less expensive stores. This is known as
Multiple Choice
target costing.
nonprice competition.
upscale marketing.
exclusive distribution
Given that the upscale retailers are more concerned with the customer service as the way of competition, this is regarded as exclusive distribution
What is exclusive distribution?
The term exclusive distribution can be defined as the level of product that can be said to be available that has the power of being able to limit the outlets that the consumers of a product would have.
This is what would make it able for them to be able to find the product that they need. This is also going to help to preserve the product as well as help in the preservation of the image of the brand.
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cash equivalents are reported on the blank . (check all that apply.) multiple select question. statement of retained earnings income statement statement of cash flows balance sheet
Cash equivalents are reported on the balance sheet. Hence, option (d) 'balance sheet' is the correct answer.
Cash equivalents are defined as the total value of cash on hand that contains items that are similar to cash. It means that cash equivalents refer to all those assets that can be easily and readily converted into amounts of cash.
Cash equivalents are current assets of an organization which are always shown on the top line of the balance sheet since the cash equivalents are considered to be extremely liquid assets.
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other than the safe harbor provisions, what other tax due circumstances will prevent a taxpayer from incurring an underpayment payment penalty? (check all that apply.)
Most taxpayers will typically be exempt from this penalty if they have paid withholding and estimated tax payments totaling at least 90% of the tax due for the current year or 100% of the tax reported on the return for the prior year.
whichever is smaller, or if their tax obligation payments is less than $1,000 after deductions for withholding and refundable credits. Farmers, fishermen, some home employers, and some higher-income taxpayers are subject to particular regulations. for additional details. Any person or business that owes taxes to the federal, state, or the local governments is referred to as a taxpayer.
Other than the safe harbor provisions, what other tax due circumstances will prevent a taxpayer from incurring an underpayment payment penalty?
Marginal Tax Payment
Estimated Tax Payments
Withholding Tax Payment
Tax Returns
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Mandatory government spending includes which of the following?
a. Infrastructure and science
b. Social Security and Medicare
c. Healthcare and military
d. Education and agriculture
Social Security and Medicare is the Mandatory government spending. Hence, option B is correct.
What does government spending include?The federal government spends money on many different things, including Social Security and Medicare as well as military hardware, upkeep of the country's roadways, construction development, research, and education. These expenses can be divided into two groups: necessary and discretionary.
Examples of obligatory spending include contributions to entitlement systems like Social Security and Medicare as well as required interest payments on the national debt. Nearly two thirds of all federal spending is accounted for through mandatory spending.
Thus, option B is correct.
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an improvement project requiring an initial investment of $30,000 has been proposed. the annual revenue estimates and associated probabilities are as follows: -$15,000 (0.4), $15,000 (0.5), $20,000 (0.1). the estimated life of the project is 10 years. determine whether the project is a good investment if the marr is 10% using: a) the optimistic, most likely and pessimistic approach; b) the exact probabilities.
future worth: project A 11,615.26
project B 12,139.18
It should choose project B as their future value is greater
IRR of project A: 13.54%
We should remember that the IRR is the rate at which the net value is zero thus, equals the inflow with the cash outlay marr.
It is calculate with excel or financial calculator due to the complex of the formula.
Explanation:
Project A
We calculate the future value of the cash flow per year and cost as we are asked for future value. investment The salvage value is already at the end of the project life so we don't adjust it.
Revenues future value
C 15,000
time 8
rate 0.12
FV $184,495.3970
Expenses future value
C 3,000
time marr 10
rate 0.12
FV $52,646.2052
Cost future value
Principal 40,000.00
time 10.00
rate 0.12000
Amount 124,233.93
Net future worth: -124,233.93 cost - 52,646.21 expenses + 184,495.40 revenues + 4,000 salvage value
future worth 11,615.26
Project B
cost:
Principal 60,000.00
time 10.00
rate 0.12000
Amount 186,350.89
expenses 52,646.21 (same as previous)
revenues
C 24,000
time 7
rate 0.12
FV $242,136.2815
TOTAL 242,136.28 + 9,000 - 52,646.21 - 186,350.89 = 12,139.18
Internal rate of return of project A
we write the time and cash flow for each period investment .
Time Cash flow
0 -40,000
1 -3,000
2 -3,000
3 12,000
4 12,000
5 12,000
6 12,000
7 12,000
8 12,000
9 12,000
10 16,000
IRR 13.54%
Then we write on excel the function =IRR(select the cashflow)
and we got the IRR of the project
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you have been given a choice of paying $20,000 for a new gm car with a $3,000 cash rebate (net cost of $17,000 which you finance separately), or zero percent financing for 48 months with no cash rebate. what is the implicit rate of interest in this deal?
The implicit rate of interest in this deal is 8.21%.
Cost of item / length of financing
= 20000/48 = 416.67
The implicit rate of interest
End mode
p/yr = 12
PV = (17000)
Pmt = 416.67
N = 48
FV = 0
I = ?
I = 8.21%
An interest rate that is implicit in a business deal is one that is not explicitly expressed. Even if there is no rate specified in the underlying business contract, any accounting transaction involving a stream of payments spread over several future periods must include an interest rate. The market rate ought to be regarded as the most suitable interest rate to deploy to the transaction if a transaction does provide an interest rate but that rate differs significantly from the present market interest rate. If the claimed interest rate is very near to the market rate, the choice of which interest rate to employ is more arbitrary.
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If the cost of an item of inventory is $60 and the current replacement cost is $75, the amount included in inventory according to the lower of cost or market is.
The lower of cost or market (LCM) rule states that a corporation must record the cost of inventory at the lower of the original cost and the current market price.
How do you calculate lower of cost or market value?Inventory Valuation at the Lower of Cost or Market (LCM)Find out the inventory's previous purchase cost first.Next, figure out the replacement cost of the inventory.Comparing net realizable value to replacement cost and net realizable value less a typical profit marginInventory costs should be compared to replacement costs. A business must record the cost of inventory at whatever cost is lower—the original cost or its current market price—according to the lower of cost or market rule.This problem often occurs when inventory deteriorates, becomes outdated, or when market prices fall. According to the lower of cost or market (LCM) technique, a company's inventory is valued and recorded on the balance sheet at the lower of its historical cost or its market value.The price at which the inventory was purchased is referred to as the historical cost.This problem often occurs when inventory deteriorates, becomes outdated, or when market prices fall. A good's worth might change over time. The amount included in the inventory will be $60.00 as the cost of a single item of inventory is $60.00 and the current market price, which is the replacement cost, is $75.00.To learn more about lower of cost or market refer
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An automobile salesperson uses ________ when it accesses a mobile system to obtain the latest information on consumer demand for electric vehicles.
An automobile salesperson uses market place or social media when it accesses a mobile system to obtain the latest information on consumer demand for electric vehicles.
Social media are used by some businesses for increasing their brand awareness, others use it for driving website traffic and sales. Social media can help you generate engagement around your brand, create a community, and serve as a customer support channel for your customers.
Social media can help you to connect to your customers, increase your online traffic, improve your customer-brand relationship, and establishes your credibility.
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the accountants hired by forever fitness have determined total fixed cost to be $75,000, total variable cost to be $130,000, and total revenue to be $125,000. because of this information, in the short run, forever fitness should
In the short run, forever fitness should shut down because staying open would be more expensive.
Why should a firm shut down?A firm should shut down in the short run, if its total variable cost is greater than its total revenue. In the long run, a firm should exit the market, if its fixed cost is greater than its total revenue.
The short run is the period where all of the factors of production are fixed. Variable cost is the cost that varies with the level of output. Fixed cost is the cost that remains constant regardless of the level of output.
In this question, the total variable cost is greater than the total revenue, thus in the short run, the firm should shut down because it is to expensive to run the business in the short run.
Here are the options:
a. stay open because shutting down would be more expensive.
b. shut down because staying open would be more expensive.
c. lower their prices to increase their profits.
d. stay open because the firm is making an economic profit.
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krishan goes to a local bank to make a deposit in his savings account. while there, he considers the principles of economics that he has been learning at the university. he concludes that in this situation he is a supplier of credit. how is this so?
He is lending the bank his savings so that the bank can lend those funds to other borrowers.
When a bank lends or borrows money from another bank in the federal funds market. The excess reserve loan from one bank to another bank will therefore be recorded as an asset for the lending bank and a liability for the borrowing bank because the borrowing bank borrowed money from the other bank.
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the qualified monthly housing cost a lender will allow a loan applicant, based on the applicant's income and the lender's income ratio, is not likely to include the cost of
Homeowner's insurance (PITI) .
PITI is an acronym that stands for principal, interest, taxes and insurance.
What is PITI?In most mortgages, PITI is the sum of the monthly principal, interest, taxes, and insurance, which add up to the monthly mortgage payment.Housing payment each month (PITI)
The lower of these two calculations is used to calculate the maximum monthly payment (PITI): Monthly PITI = monthly income X 28%. Monthly PITI = monthly income x 36% minus other loan payments.This is the maximum monthly principal and interest payment you can make. It is computed by deducting your monthly taxes and insurance from your PITI payment. This calculator determines the mortgage amount you could qualify for based on your maximum PI payment.To learn more about PITI refer to :
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the formal system of task and reporting relationships that coordinates and motivates an organization's members to achieve the company's goals is called the organizational . multiple choice question.
Based on organizational policy, this formal system that helps the organization to achieve the company's goal is called Organizational Structure.
What is Organizational Structure?Organizational Structure is a term that is used and applied by various firms to create, maintain, and achieve the organization's goal.
There are various types of Organizational Structures which include the following:
Hierarchical organizational structure.Functional organizational structure.Horizontal or flat organizational structure.Divisional organizational structures (market-based, product-based, geographic)Matrix organizational structure.Team-based organizational structure.Network organizational structure.Also, there are various elements of Organizational structure, which include the following:
Work specialization.Departmentalization and compartments. Formalization of elements. Centralization and decentralization. Span of control.Chain of command.Benefits of Organizational Structure include the following:Centralize the company's marketing message;Facilitate higher and increasing mobility for the company's progress;Create and promote strategic planning;Enhance worker's training and working conditionsImprove the decision-making processHence, in this case, it is concluded that the correct answer is Organizational Structure.
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oligopoly is a market structure characterized by: a regulated natural monopolies. b independence in decision making. c strategic behavior between rival firms. d a large number of small firms. e substantial diseconomies of scale.
Oligopoly is a market structure characterized by: C. strategic behavior between rival firms.
What is an oligopoly?An oligopoly can be defined as a type of market structure which comprises a small number of business firms or sellers that are offering identical or similar products to their consumers, in such a way that none of them can limit the significant influence of the other.
The characteristics of oligopoly.Generally, an oligopoly is a market structure that is distinguished by several characteristics and these include the following:
Mutual interdependence between business firms. The market is controlled by many small business firms.Strategic behavior between competitors (rival firms).Difficult entry to new business firms.Substantial economies of scale.Dependence in decision making.In this context, we can reasonably infer and logically deduce that business organizations or sellers that are operating in an oligopoly are characterized by making strategic behavior between competitors (rival firms).
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the average fixed cost (afc) curve group of answer choices is u-shaped as a result of diminishing returns. declines as long as output increases. is intersected at its minimum point by marginal cost. intersects the marginal cost curve at its minimum point.
The economies are outweighed by the diseconomies after the point of maximum output, which causes the AC curve to rise. The result is a U-shaped AC curve.
How is the AFC average fixed cost curve shaped?
A rectangular hyperbola could be used to describe the average fixed cost (AFC) curve. It occurs as a result of the fixed cost being divided by rising output. As a result, the AFC curve slopes downward and is a rectangular hyperbola, meaning that the area beneath the curve is constant throughout.
The average fixed cost is L-shaped; why?
The typical fixed expenses Because fixed expenses are spread out over a broader area as production volume grows, the AFC curve slopes downward. The vertical difference between ATC and AVC is equivalent to AFC. The other cost curves' U-shape is explained by variable returns to scale.
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jt engineering declares a dividend. a portion of the dividend is liquidating. what impact will this distribution have on additional paid-in capital and retained earnings?
When a company distributes stock dividends, the retained earnings of the business are decreased and the common stock account is increased. Stock dividends only influence the equity side of the balance sheet because they reallocate some of the retained earnings to the common stock account rather than causing changes to the assets on the balance sheet.
Does a stock dividend effect the money invested?Cash dividends have no impact on a company's additional paid-in capital because they are subtracted from retained earnings. Retained profits are reduced by the amount equal to the value of stock dividends, and the difference is capitalized to the paid-in capital account.Companies often pay cash dividends to their shareholders, but occasionally they'll substitute shares. Any dividend, whether it be in the form of cash or stock, is a distribution of profits to the owners of the business; as a result, it lowers the retained earnings account in the shareholders' equity portion of the balance sheet.When a company distributes stock dividends, the retained earnings of the business are decreased and the common stock account is increased.To learn more about Retained earnings refer to:
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employers rarely use benefits as tools for attracting and retaining employees because employees generally lack a complete understanding of the benefits provided by their employers. question 11 options: true false
Because employees typically do not lack a thorough understanding of the benefits offered by their employers, employers rarely use benefits as strategies for luring and keeping personnel. Hence, the given statement is false.
Who are the employees?A person who is compensated for their time and labor is an employee. To be considered an employee, a person or organization must pay its workers for their labor. This means that workers do not necessarily need to work full-time.
Employees are people who have been engaged by an employer—a person or company—to carry out tasks on their behalf. According to the IRS, if the employer has any control over the work that is done, then the person is deemed an employee.
Therefore, the given statement is false.
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critter sitters paid $100 for the monthly cell phone bill. which two accounts are impacted by this transaction? cash and owner's capital cash and communications expense owner's capital and communications expense cash and accounts payable
The two accounts affected by the cash sales transaction in Critter Sitters Animal Care's books are B. Cash and Sales, and C.
What effects do cash sales transactions have on accounting?
The selling company will debit its cash account and credit its service revenue or sales revenue account when a consumer pays for goods or services.
The accounting consequence for the paying client is a credit to the cash account and a negative to purchases, costs, or inventory.
Given each company transaction, these debit and credit entries are consistent with the double-entry accounting method and the accounting equation, which stipulates that assets are equal to liabilities and equity.
Critters Transaction Analysis: Cash $ Sales $
The cash account of Critters Sitters Animal Care should be debited, and the sales income account should be credited.
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sales discounts should appear in the financial statements as a(n) . multiple choice question. operating expense addition to inventory part of current liabilities deduction from sales addition to sales
Sales discounts should appear in the financial statements as deduction from sales.
Net sales are operating revenues obtained by a business from the sale of its goods or provision of its services in bookkeeping, accounting, and financial accounting. They are directly recorded on the income statement as Sales or Net sales and are also referred to as revenue. Sales in financial ratios based on income statement numbers are net sales, not gross sales. Sales are the distinctive exchanges that take place in professional selling or during marketing campaigns.
Delivering goods or providing services generates revenue. In marketing, advertising, or general business contexts, the word "sales" frequently refers to an agreement between a buyer and a seller whereby the buyer agrees to acquire certain goods at a predetermined point in the future.
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a county has an external investment pool for cities in the county to invest excess resources. the city makes a distribution to participants in the pool-that is, the cities that have invested in the pool-in the amount of $20,000. which account should be debited when the cash distribution is made
If a county has a separate investment pool where surplus funds from the county's cities might be put, the investment in the pool-cities account should be deducted when the cash distribution is made.
Using investment pools, agencies and organizations can pool and concentrate extra money from multiple departments and programs for use in investments. Participants in the investment pool are the departments and programs that contribute their surplus funds. To track cash distribution capital transfers inside the investment pool, each member is given a unique account number.
Similar to a portfolio manager, an investment pool administrator arranges the pool and oversees the investments of the fund. Either the administrator of the investment pool or a third-party investment cash distribution manager makes investments with the money in the investment pool. Only the investment manager's contact details are stored by the system.
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The complete question is
A county has an external investment pool for cities in the county to invest excess resources. The city makes a distribution to participants in the pool-that is, the cities that have invested in the pool-in the amount of $20,000. Which account should be debited when the cash distribution is made? Select one:
a. Accounts payable
b. Deductions-distributions to pool participants
c. Due to other governments
d. Investment in pool-cities
martina invested her savings into her business when she started it. later she added more capital, and she has kept some of her profits. together, these are known as a. owners' equity. b. accrued expenses. c. owners' long-term debt. d. debt capital.
Martina invested her savings into her business when she started it. later she added more capital, and she has kept some of her profits. together, these are known as owners' equity.
Owner's equity, also known as net assets, is the owners' claim to the business's assets after all liabilities have been settled. In other words, the surplus funds would be regarded as owner's equity if the company's assets were liquidated to pay creditors. Owner's equity is a general phrase for an equity account, however sole proprietorships are the ones who utilize it the most frequently. While corporations refer to shareholders' equity, partnerships often refer to their equity accounts as members' equity.
The owner's equity formula is made up of a number of different elements. Owner's capital is the long-term account that keeps track of the total balance of withdrawals, contributions, income, and losses. The next few factors will determine whether this balance is good or negative.
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edwin owns a smartphone with a digital assistant that recognizes words and phrases and provides appropriate answers to his questions. what technology does the smartphone use to make the assistant respond to edwin?
The technology used by the smartphone to make the assistant respond to edwin is synthesized speech.
Write a short note on speech generating devices.SGDs, or speech-generating devices, are electronic augmentative and alternative communication (AAC) systems designed to complement or substitute speech or writing for people with severe speech impairments, allowing them to verbally communicate. SGDs are also referred to as voice output communication aids. SGDs are significant because they enable individuals to participate actively in communication interactions, which is vital for those who have limited verbal communication options. Although recently utilized for kids with anticipated speech difficulties, they are most beneficial for people with ALS (amyotrophic lateral sclerosis).
SGDs offer a variety of input and display options for users with different skill levels. Only a subset of the available symbols are shown at any given time because certain SGDs have multiple pages of symbols to accommodate numerous utterances.
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the strategic planning committee at comfort fabric clothing company consists of managers from engineering, r&d, production, marketing, and finance. this is an example of a(n)
At Comfort Fabric Clothing Company, managers from engineering, R&D, production, marketing, and finance serve on the strategic planning committee. An illustration of a cross-functional team is this.
What is cross functional team?A cross-functional team is made up of individuals with various specialties who work together to accomplish a common objective. Employees from all divisions and levels usually participate.
Teams made up of members from multiple organizational areas, such as marketing, product development, quality assurance, sales, and finance, collaborate to accomplish a common objective.
Teams that see a mutual benefit in collaborating and working toward a similar goal are examples of cross functional teams. These teams can include marketing and design teams, design and engineering teams, sales and customer success teams, and many others.
Teams can be split into four primary categories: project teams, self-managed teams, virtual teams, and operational teams. The members of your team will be chosen based on your team's goals, environment, and organisational structure. Each squad has its own unique combination of advantages and disadvantages.
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the goal of health insurance is to: a. collect sufficient premiums to cover all possible losses. b. equalize the availability of medical care across population groups. c. redistribute income from the sick to the healthy. d. spread risk over a large group of people.
The goal of health insurance is to collect sufficient premiums to cover all possible losses spread risk over a large group of people. The sum that a patient is required to pay an insurance company in premiums.
The risk of a person needing medical care might be partially or completely covered by health insurance, often known as medical insurance. Risk is shared by many people, just like with other types of health insurance. An insurer can design a routine financial structure, like a monthly premium, by assessing the entire risk of health risk and health system spending over the risk pool.
A premium is a price that exists above a certain kind of basic value, and such assets or items are said to be trading at a premium. Increased demand, a constrained supply, or expectations of rising value in the future can all cause assets to trade at a premium.
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question content area which of the following is an example of a prepaid expense? a.unearned fees b.supplies c.unearned subscription revenue d.accounts receivable
Supplies are a prepaid expense.
Prepaid expenses are payments made in advance for assets that will be used over time. They include rent, insurance, supplies, equipment, and other similar sums.
Supplies are they a prepaid asset?Assets that are used up or come to an end become prepaid expenses. For instance, office supplies are regarded as an asset until they are utilized for business purposes, at which point they become a cost.
What expenses are regarded as prepaid?Rent or insurance are examples of prepaid expenses, which are future costs that are paid in advance. Prepaid expenses are first recorded as an asset on the balance sheet. The amount is then recorded as an expense as the benefits of the assets are realized over time.
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the electricity bill at padco was driven solely by the lights throughout the office; everything else was driven by alternative energy sources. the office was open roughly 8 hours a day, five days a week and the cleaning crew spent about the same amount of time in the offices each week night. the kilowatt hour usage for the office was best described as a:
The kilowatt hour usage for the office was best described as a horizontal demand curve.
Demand that is completely elastic is illustrated by a horizontal demand curve. In other sense, consumers would only buy the good at a particular price and will make no transactions whenever the price is higher.
In a market with perfect competition, each firm's demand curve is horizontal since supply and the market's demands determine pricing. Companies are price takers as a consequence. Customers won't be motivated to buy from a company that attempts to charge higher than the going rate in the marketplace. If your price is even a little bit higher, they won't see any incentive to buy from you.
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