The financial statements for Myers Service Company include the following items
asked Sep 23, 2015 in Business by Katia
2017 2016
Cash $51,500 $49,000
Short-term Investments 27,000 13,500
Net Accounts Receivable 55,000 52,000
Merchandise Inventory 131,000 47,000
Total Assets 528,000 553,000
Accounts Payable 129,500 124,000
Salaries Payable 23,000 19,000
Long-term Note Payable 60,000 60,000
Compute the acid-test ratio for 2016. (Round your answer to two decimal places)
A) 0.88
B) 0.80
C) 0.92
D) 0.71

Answers

Answer 1
I believe the answer is B

Related Questions

Ms. Diaz is an unmarried person with taxable income of $219,344. What is Ms. Diaz 's regular tax liability if:

Answers

Answer:

the question is not complete, but I believe it asks for the tax liability if Ms. Diaz files as single filer or surviving spouse:

using the 2020 tax brackets

single filer:

Ms. Diaz's marginal tax rate is 35%, and her tax liability = $47,367.50 plus 35% of the amount over $207,350 = $47,367.50 + [($219,344 - $207,350) x 0.35] = $50,565.40

surviving spouse or married filing together:

Ms. Diaz's marginal tax rate is 24%, and her tax liability = $29,211 plus 24% of the amount over $171,050 = $29,211 + [($219,344 - $171,050) x 0.24] = $40,801.56

Ms. Diaz will be considered a surviving spouse for 2 years after her husband passed away.

On the Chicago Board Options Exchange, the person responsible for handling those orders that can be executed immediately is the:__________
A. Order Book Official
B. Floor Broker
C. Market Maker
D. Retail Member

Answers

Answer:

B. Floor Broker

Explanation:

Floor brokers on the Chicago Board Options Exchange ( CBOE ) accept orders from member firms for execution. Orders are filled under an open outcry auction system in the trading "pits."

Market makers maintain bid and ask quotes in options contracts.

Order book officials maintain the book of public orders that cannot be immediately filled.

If a bank is forced to write off bad loans, what item on a bank's balance sheet act as a safety net to prevent bank failure should reserves run low

Answers

Answer:

Bank capital

Explanation:

Banks keep reserves that are used to serve customers. In the case where the bank reserves run low as a result of loan write off the next balance sheet item that the bank can fall back on is capital.

Banks are required to keep a particular level of net worth or capital in case of insolvency these can be sold to finance the bank's activities.

Having large capital means the bank can get high income to cover emergencies like bank runs.

Assets are expected to exceed liabilities. When liabilities exceed assets the bank is sadi to have negative net worth and the FDIC has the right to close such banks

Which of the following choices is NOT one of the reasons cost-plus pricing is so popular? a) It captures the full price that customers might be willing to pay for a product. b) It is easy to justify to various stakeholders. c) It simplifies an otherwise complex pricing process. d) It is easy to measure or estimate.

Answers

Answer: a) It captures the full price that customers might be willing to pay for a product.

Explanation:

The cost-plus pricing method involves using the total cost to come up with a selling price by simply adding a markup that the company would like as profit to the total cost of the product per unit and then selling it at that price.

It is easy to justify to stakeholders, simplifies pricing processes and is quite easy to measure or estimate.

It however does not capture how much a customer may be willing to pay for for a good as it is based on the company's expenses and preferred profit.

A Cost-plus rising is a method o pricing strategy that focuses on the selling price of the goods and services. It determines the percentage of the product's unit cost.  

The correct option is a) It captures the full price that customers might be willing to pay for a product.

Option a) It captures the full price that customers might be willing to pay for a product is correct because it is not the reason for the cost-plus pricing. It is the most popular and the option does not provide any of the reasons for the popularity of the Cost-plus rising.

Options:

b) It is easy to justify to various stakeholders.

c) It simplifies an otherwise complex pricing process.

d) It is easy to measure or estimate

These are the wrong options because they do not provide the appropriate answer to the reason for the cost-plus pricing.

To know more about the cost-plus pricing, refer to the link below:

https://brainly.com/question/19131374

What is the difference between federal purchases and federal expenditures? Give an example of an automatic stabilizer. Explain how automatic stabilizers work in the case of recession. How does expansionary monetary policy increase spending in the economy compared to how expansionary fiscal policy increases spending in the economy? Identify each of the following as (i) part of an expansionary fiscal policy, (ii) part of a contractionary fiscal policy, or (iii) not part of fiscal policy. a. The personal income tax rate is lowered. b. Congress cuts spending on defense. c. College students are allowed to deduct tuition costs from their federal income taxes. d. The corporate income tax rate is lowered. e. The state of Nevada builds a new tollway in an attempt to expand employment and ease traffic in Las Vegas.

Answers

Answer:

What is the difference between federal purchases and federal expenditures?

Federal purchases are the federal government acquisitions of goods and services. For example, weapons for the military, or supplies for the Postal Service.

Federal expenditures include not only federal purchases but also federal transfers. Federal transfers of income are for example social security and unemployment benefits.

Give an example of an automatic stabilizer.

A corporate tax is one example. Corporate taxes are based on profits. When the economy is growing, firms earn more profit, and thus, pay more corporate tax. When the economy is in recession, firms earn less profit, and as a result, pay less corporate tax.

Explain how automatic stabilizers work in the case of recession.

Some automatic stabilizers (corporate tax, income tax, sales tax) adjust down in the case of recession, while others (welfare and unemployment benefits) adjust up in the case of recession. This is why they are called automatic stabilizers: they adjust according to the state of the economy, and help reduce the overall effects of the economy cycles.

How does expansionary monetary policy increase spending in the economy compared to how expansionary fiscal policy increases spending in the economy?

Expansionary monetary policy increases the money supply. The central bank (in the U.S., the Federal Reserve), lowers the interest rate by increasing the amount of money in the economy. This promotes investment.

Expansionary fiscal policy results in the lowering of taxes, the expansion of government spending, or both. This actions also help the economy grow, although they can result in goverment deficits in some cases.

a. The personal income tax rate is lowered. - Part of expansionary fiscal policy

The lowering of taxes, as explained above, is a form of expansionary fiscal policy.

b. Congress cuts spending on defense. - Contractionary fiscal policy

Government spending cuts are a form of contractionary fiscal policy because they contract the amount of fiscal outlays.

c. College students are allowed to deduct tuition costs from their federal income taxes - Expansionary fiscal policy

This policy is a tax cut in practice, because college students will end up paying less income tax. For this reason, it is expansionary fiscal policy.

d. The corporate income tax rate is lowered. - Expansionary fiscal policy

As explained above, tax cuts are a form of expansionary fiscal policy.

e. The state of Nevada builds a new tollway in an attempt to expand employment and ease traffic in Las Vegas. - Expansionary fiscal policy

Increases in goverment spending are expansionary fiscal policy. Here, the state of Nevada is spending more to build a new tollway.

Welcome to the last week of your course. In this discussion question you have the opportunity to be creative and to relate what you have learned to your professional lives. Please explore and critically think about some of the learning objectives and concepts presented in this course. Please effectively communicate how you would lead an organization (or a group of people within the organization) by applying the knowledge you have learned ethically and responsibly. Your discussion should also include innovative thinking, and information-technology aspects (such as the Internet, social-media, computers, and so forth) that may assist you in decision-making. You may frame your discussion around any functional component of business, and in any context; problem-solving, management, leadership, organizational behavior, and so forth.

Answers

Explanation:

The business market is constantly changing, currently we are dealing with a technological revolution that directly affects the lives of people and companies. The market is increasingly competitive and globalized, so adapting to new processes and innovations with regard to technology, administrative practices and communication are essential when it comes to managing companies.

A good leader must understand that currently companies are increasingly responsible for their micro and macro environment, which configures them as active agents for positive change in the world. Therefore, the ideal is that managers consider adopting current practices that use modern communication and intelligence systems to make work easier and more agile, in addition to promoting continuous improvement in all organizational processes, avoiding waste and negative impacts on the environment, establishing social programs and environmental protection practices, in order to attest its value to stakeholders.

It is also necessary that the company be ethical with its employees, respect the individual values ​​of each with regard to culture, gender, etc., promoting an environment and organizational culture focused on inclusion and respect for differences.

The ideal is also to have an assertive leadership, where the leader is the personal incentive agent, adopting positive attitudes about its collaborators and helping in the personal and professional development, generating an innovative, ethical and positive environment.

When several systems operate in parallel, total system capacity is the largest value of the individual system capacities. a. True b. False

Answers

Answer:

b. False

Explanation:

It is the opposite, when several systems operate in parallel, total system capacity is the lowest value of the individual system capacities.

For e.g., sectors A, B and C operate in parallel. Sector A can handle 100 units per hour, sector B can handle 150 units per hour and sector C can handle 75 units per hour. The system's capacity is 75 units per hour. If you want to operate at 100 units per hour, a queue will in sector C.

A marketing mix that is ________ to provide a good, service, or idea to prospective buyers is known as a marketing program.

Answers

Explanation:

the answer is manufacturer because it is the person that distribute the good to the wholesalers

Categorize each transaction according to the U.S. account to which it belongs and the direction the money flows.

a. An Australian company buys steel from a U.S. firm.
b. The Federal Reserve buys $2 billion worth of euros.
c. Profits are earned by a U.S. based mining company operating in Mexico.
d. An English company purchases a U.S. confectionary manufacturer.

Answers

Answer:

The missing options are "US Account - Private sales and purchase of assets, Office asset sales and Purchase, Transfer, Factor Income, Sales and Purchase of goods and services

The direction of flow option are "Payment to foreigners, Payment from foreigners"

a. An Australian company buys steel from a U.S. firm.

Account: Sales and purchase of goods and service

Direction: Payment from foreigners"

b. The Federal Reserve buys $2 billion worth of euros.

Account: Official asset sales and purchase

Direction:Payment to foreigners

c. Profits are earned by a U.S. based mining company operating in Mexico.

Account: Factor Income

Direction: Payment from foreigners

d. An English company purchases a U.S. confectionary manufacturer.

Account: Private sales and purchase of goods

Direction: Payment from foreigners

Tumi owes Peter R20 000 and he asks Rafa to stand surety for his debt. Rafa asks for your advice. He says he is not certain whether:_____.

Answers

Which of the following statement is correct:

A. If the surety contract is in writing then he is the only person to sign it.

B. The Surety-ship contract must be in writing.

C. The Surety-ship contract can be concluded orally or in writing.

D. The surety or this agent can sign the surety-ship Contract

Answer:

Option B and D are correct.

Explanation:

The option A is incorrect because the surety-ship contract is signed by two parties, one the creditor and the other one would be the surety. Hence the option A is incorrect.

Option B is correct because the surety-ship contract is always in writing.

Option C is incorrect because surety-ship contract can not be orally agreed as it has no value in court if done orally.

Option D is correct because surety or his agent can sign the contract to form a contract.

The linear programming model for crashing presented in the textbook assumes that any portion of the activity crash time can be achieved for a corresponding portion of the activity crashing cost. True False

Answers

Answer: True

Explanation:

Linear programming is a mathematical programming method to get the best solution to a problem when we are given certain constraints.

The linear programming model for crashing presented in the textbook assumes that any portion of the activity crash time can be achieved for a corresponding portion of the activity crashing cost is true.

The following financial information was obtained from the year ended 2018 income statements for Kringle Automotive and Leihman Automotive (Click the icon to view the financial information.)
Requirements 1. Compute the times-interest-earned ratio for each company. Round to two decimals
2. Which company was better able to cover its interest expense?
Requirement 1. Compute the times-interest-earned ratio for each company. Round to two decimals. Begin by showing the formula for the times-interest-earned ratio. Times-interest-earned ratio Now calculate the times-interest-earned ratio for each company. (Round the ratios to two decimal places, X.XX.) - X Data Table Leihman Kringle Times-interest-eamed ratio Kringle Leihman
Requirement 2. Which company was better able to cover its interest expense? 46.320 S Net income 40.870 S Automotive was better able cover its interest expense. 10,300 12,080 Income tax expense 350 2,000 Interest expense

Answers

Answer:

times interest ratio = EBIT / interest expense

1)

Kringle: TIE ratio = ($40,870 - $10,300 - $350) / $350 = 86.34

Leihman: TIE ratio = ($46,320 - $12,080 - $2,000) / $2,000 = 16.12

2)

Kringle was better able to cover its interest expenses since its TIE ratio is much higher than Leihman's (more than 5 times higher). This means that it is much easier for Kringle to pay off the interests on its debt.

Wickland Company installs a manufacturing machine in its production facility at the beginning of the year at a cost of $127,000. The machine's useful life is estimated to be 4 years, or 380.000 units of product, with a $3,000 salvage value During its second year, the machine produces 76,000 units of product. Determine the machines' second year depreciation under the straight-line method. a. $24, 800. b. $31,000.c. $31, 750.d. $25, 400. e. $32, 500.

Answers

Answer:

b. $31,000

Explanation:

The computation of the depreciation expense using the straight-line method for the second year is shown below:

= (Original cost - residual value) ÷ (useful life)  

= ($127,000- $3,000) ÷ (4 years)  

= ($124,000) ÷ (4 years)  

= $31,000

Hence, the correct option is b. $31,000

The units are to be ignored as the method i.e used is straight line so the same is to be considered

Use the neoclassical theory of distribution to predict the impact on the real wage and the real rental price of capital of each of the following events:A. A (one-time) wave of immigration increases the labor force.
B. An earthquake destroys part of the capital stock.
C. A technological advance improves production.
D. High inflation doubles the price of all factors of production and output.

Answers

Answer:

a. A (one-time) wave of immigration increases the labor force.

According to neoclassical economists, real wage = marginal product of labor. As more labor is available, the marginal product of labor will decrease (law of diminishing marginal returns). Therefore, since the marginal product of labor decreases, the real wages will also decrease.

Since there is more labor available, even though the capital stock remains the same, total output should increase. As total output increases, the real rental price of capital (interest) will increase.

b. An earthquake destroys part of the capital stock.

According to neoclassical economists, real rental price of capital = marginal product of capital. A decrease in the capital stock will result in an increase in the marginal product of capital. This will increase the real rental price of capital.

Since the capital stock decreases, additional labor will produce less additional output, reducing the marginal product of labor. Since the marginal product of labor decreases, the real wage will decrease also.

c. A technological advance improves the production.

Technological improvements generally increase both marginal product of labor and marginal product of capital, therefore, real wages will increase and real rental price of capital will also increase.

d. High inflation doubles the price of all factors of production and output.

Inflation rate has no effect on real wages and real rental price of capital. The effects are only on nominal wages and nominal rental price of capital.

Match the financial institution to its role. take deposits and make loans manage a pool of money that is designated to be paid out to beneficiaries when they are in retirement
1. Commercial banks
2. Mutual funds help businesses, governments, and institutions to raise funds to
3. Pension funds finance their activities by issuing securities
4. Investment banks purchase a portfolio of assets for a group of investors

Answers

Answer:

1. Commercial banks  - take deposits and make loans

Commercial banks create loans from the money deposited with them. They then earn interest on these loans and give the depositors some of the interest revenue depending on the type of account opened.

2. Mutual funds - purchase a portfolio of assets for a group of investors

Mutual funds pool money from multiple investors and then purchase a portfolio of assets. Profits made are divided amongst its investors.

3. Pension funds - manage a pool of money that is designated to be paid out to beneficiaries when they are in retirement.

Pension funds are meant to provide money to beneficiaries in retirement so they manage a pool of money that beneficiaries had invested into before they retired.

4. Investment banks -  help businesses, governments, and institutions to raise funds to finance their activities by issuing securities.

Investment firms are mostly underwriters who help businesses, governments and other institutions raise funds to finance their activities.

The general manager at the Las Vegas Convention Center is planning to expand its functional area, especially the operations department. As a
customer, which area would you critique and provide a feedback about to the general manager?
ОА customer service friendliness and genuineness in helping guests
OB. billing responses
OC. the year-end report accuracy
OD
the in-house marketing and promotion efforts

Answers

Answer:

A. Customer service friendliness and genuinenss in helping guest

Explanation:

You are writing the financial analysis for a snowboarding apparel business you are hoping to open in Topeka. Which tips should you follow?


a. Discuss market characteristics.

b. Describe how your service will benefit customers.

c. Outline a realistic start-up budget.

d. Present an operating budget that projects costs.

Answers

Answer: c. Outline a realistic start-up budget.

d. Present an operating budget that projects costs.

Explanation:

If one is writing the financial analysis for a snowboarding apparel business that one is hoping to open in Topeka, tye tios to follow include outlining a realistic start-up budget and presenting an operating budget that projects costs.

This will help the individual to know how much will be needed to fund the business and find means to get the fund to meet the requred costs.

On April 1 of the current year, Morgan Jones established a business to manage rental property. She completed the following transactions during April: a. Opened a business bank account with a deposit of $60,000 in exchange for common stock. b. Purchased office supplies on account, $1,800. c. Received cash from fees earned for managing rental property, $22,300. d. Paid rent on office and equipment for the month, $7,000. e. Paid creditors on account, $1,100. f. Billed customers for fees earned for managing rental property, $3,600. g. Paid automobile expenses for month, $750, and miscellaneous expenses, $1,000. h. Paid office salaries, $4,000. 1. Determined that the cost of supplies on hand was $250; therefore, the cost of supplies used was $1,550. J. Paid dividends, $5,000.
Required:
1. Indicate the effect of each transaction and the balances after each transaction: For those boxes in which no entry is required, leave the box blank. For those boxes in which you must enter subtractive or negative numbers use a minus sign. (Example: -300) = Assets Liabilities Stockholders' Equit + Rent Sal.
Item Cash + Accounts Receivable + Supplies = Accounts Payable Common Stock - Dividends + Fees Earned Expense Expense

Answers

Answer:

Since there is not enough room here, I used an excel spreadsheet:

Yesterday, Berryman Investments was selling for $145 per share. Today, the company completed a 7-for-2 stock split. If the total market value was unchanged by the split, what is the price of the stock today? Select the correct answer. a. $41.43 b. $44.19 c. $42.12 d. $43.50 e. $42.81

Answers

Answer:

the price of the stock today is $41.43

Explanation:

The computation of the price of the stock today is shown below:

= Selling price per share ÷ stock split ratio

where,

Selling price per share is $145

And, the stock split ratio is 7 for 2

Now place these values to the above formula

So, the price of the stock today is

= $145 ÷ 7 ÷ 2

= $41.43

Hence, the price of the stock today is $41.43

Therefore the correct option is a

To qualify for the quantity discount, which of the following may not be joined together under the definition of any person?
A. Husband and wife investing in a joint account.
B. Father and son in an UTMA account.
C. Father and his 35-year-old son investing in seperate account.

Answers

Answer:

C. Father and his 35-year-old son investing in separate account.

Explanation:

Quantity discount when offered relates to one particular account, and not multiple accounts at a time.

In a transaction joint accounts are called as single person where there is only one main account in consideration and no secondary account exists for the same.

As in the given options,

Option A of husband and wife investing in a joint account means a single account is made of which both the husband and wife are controllers.

Option B is of UTMA account which is made for the benefit of the minor child, although involves two people that is parent and child, but is run individually by the parent and is a single account.

Further Option C provides for separate investment accounts , which means two different accounts and therefore are completely different one of father and another of son, thus do not qualify of quantity discount jointly, either of the one account can claim the quantity discount as a person.

What is customer-engagement marketing, and how is it related to the surge in digital and social media technologies

Answers

Answer:

The answer is below

Explanation:

Customer engagement marketing is a form of marketing style, which involves the company being in constant interaction with the customers to shape and reshape the customers' experiences, brand outlook, and environmental perception.

The main purpose of Customer engagement Marketing is to let the brand be part of customers' consumption lives and at the same time improve the quality of customers' brand experiences.

The following cost data pertain to the operations of Montgomery Department Stores, Inc., for the month of July. Corporate legal office salaries $60,600 Apparel Department cost of sales—Evenda1e Store 116,100Corporate headquarters building lease 56,400Store manager' s salary—Evenda1e Store 18,300Apparel Department sales commission—Evenda1e Store 7,950Store utilities—Evenda1e Store 17,800Apparel manager' s salary—EvendaIe Store 9,950Central warehouse lease cost 24,000Janitorial costs—EvendaIe Store 13,700 The Evendale Store is just one Of many stores owned and operated by the company. The Apparel Department is one of many departments at the Evendale Store. The central warehouse serves all of the company's stores. Required: a. What is the total amount of the costs listed above that are direct costs of the Apparel Department? b. What is the total amount of the costs listed above that are direct costs of the Evendale Store? c. What is the total amount of the Apparel Department's direct costs that are also variable costs with respect to total departmental sales?

Answers

Answer:

1.$134,000

2.$183,800

3.$124,050

Explanation:

1. Computation for the total amount of the costs that are direct costs of the Apparel Department

Apparel Department cost of sales - Evendale store $116,100

Apparel Department sales commission-Evendale store $7,950

Apparel Department manager's salary-Evendale store $9,950

Total direct costs for the Apparel Department

$134,000

2. Computation for the total amount of the costs that are direct costs of the Evendale Store

Apparel Department cost of sales - Evendale store $116,100

Store managers salary - Evendale store $18,300

Apparel Department sales commission-Evendale store $7,950

Store utilities - Evendale store $17,800

Janitorial costs - Evendale store $13,700

Apparel Department manager's salary-Evendale store $9,950

Total direct cost for the Evendale store $183,800

3. Computation for the total amount of the Apparel Department's direct costs that are variable costs with respect to total departmental sales

Apparel Department cost of sales - Evendale store $116,100

Apparel Department sales commission-Evendale store $7,950

Total variable cost-Apparel department $124,050

Decker's is a chain of furniture retail stores. Furniture Fashions is a furniture maker and a supplier to Decker's. Decker's has a beta of 1.34 as compared to Furniture Fashion's beta of 1.14. The risk-free rate of return is 3.6 percent and the market risk premium is 8 percent. Both firms are all equity financed. What discount rate should Decker's use if it considers a project that involves the manufacturing of furniture?

Answers

Answer:

the discount rate is 12.72%

Explanation:

The computation of the discount rate that should be used in the case when the project involves furniture manufacturing is shown below:

= risk-free rate of return + (beta of Furniture fashion × market risk premium)

= 3.60% + (1.14 × 8% )

= 3.60% + 9.12%

= 12.72%

Hence, the discount rate is 12.72%

Therefore we ignored the beta of decker supplier

The Porters’ food, clothing, and medical expenses are not fixed expenses. Explain what type of expense they are, and why.

Answers

Answer:

They are not fixed, because they can change depending on the living situation.

Answer:

Food, clothing, and medical are variable expenses because they occur regularly but can change from month to month.

Explanation:

sample ans

Deep Falls Timber stock sold for $6.50 a share as of 2015. What was the price-earnings ratio at that time?

Answers

Answer:

28.15

Explanation:

Calculation for Price earnings ratio using this formula

Price earnings ratio=Price per share / Earnings per share

Let plug in the formula

Price earnings ratio= $6.50 / ($50,800 / 220,000)

Price earnings ratio= $6.50 / 0.230909091

Price earnings ratio= 28.15

Therefore the Price earnings ratio at that time will be 28.15

You just took an Uber from home to campus for the first time and were willing to pay $13 for the trip. It was so much easier than driving yourself that you are willing to pay $21 for the same trip tomorrow. Determine if you have violated the law of demand based on your choices, and why or why not that is the c

Answers

Answer: a.do not violate the law of demand because your preference for the product changed after you experienced the good.

Explanation:

Tastes and preferences are one of the determinants of demand. The way a person feels about a product can determine if they want more of it or less and this therefore affects demand for products.

You preferred the Uber ride to driving yourself and so were willing to pay more for it so the law of demand was not violated.

a.do not violate the law of demand because your preference for the product changed after you experienced the good.

Law of demand:

Tastes and preferences represent determinants of demand. here we preferred the Uber ride to driving yourself and due to which we are willing to pay more for it . Thus, the law of demand was not violated. Also law of demand show the inverse relationship between the price and quantity demanded.

This is an incomplete question. Here are the given options.

Options for this question include;

a.do not violate the law of demand because your preference for the product changed after you experienced the good.

b.do violate the law of demand because the law of demand states that quantity demanded decreases as price increases.

c.do not violate the law of demand because the law of demand states that quantity demanded increases as price increases.

d.do violate the law of demand because you have chosen to buy the same amount of the product at two different prices.

Learn more about demand here: https://brainly.com/question/4299021

American Builders, Inc. has just completed construction of the Freedom Tower - a 250 floor skyscraper located in California, which is now the world’s largest building. This massive tower cost $50 billion to build, and its replacement cost is estimated at $65 Billion. Given its location, there is always the possibility that an earthquake may cause damage to the tower. Gubenator Insurance Company is the primary property-casualty insurance company in California, and is used to dealing with the risk of earth movement. The company has a capital base of $45 Billion, with net surplus of $4 billion. Gubenator has been asked to insure the Freedom tower. Which of the following statements concerning this situation is correct? Group of answer choices

Answers

Question Completion:

Group of answer choices:

a. Due to the possibility of earthquake damage, Gubenator should decline coverage for the Freedom Tower.

b. Given the notoriety of the tower and the likelihood of positive press for providing coverage, Gubenator should insure the Freedom Tower.

c. Gubenator has the financial capacity to issue the policy.

d. Gubenator should insure the Freedom Tower only if it can obtain reinsurance for part of the risk from other insurance companies, since a total loss could be catastrophic to Gubenator.

Answer:

American Builders, Inc (Freedom Tower) and Gubenator Insurance Company

d. Gubenator should insure the Freedom Tower only if it can obtain reinsurance for part of the risk from other insurance companies, since a total loss could be catastrophic to Gubenator.

Explanation:

Option A establishes that the earthquake occurrence is a possibility and not a probability.  That means it cannot be reasonably estimated that an earthquake may occur.  Gubernator exists to insure property against the occurrence of risky events.  It should go ahead and do its business.  And it can spread the risk with other insurance companies through Reinsurance.  Gubernator is not in the business of looking for cheap publicity, so option B is ruled out.  Given that the Freedom Tower will only be one of the many properties insured by Gubernator, we cannot use its current capital to judge its capacity to handle the Freedom Tower; thus ruling out option C.

Which Act can be used to coordinate a securities registration filing under the provisions of the Uniform Securities Act

Answers

Answer: Securities Act of 1933

Explanation:

The Act of 1933 is the Act that can be used to coordinate a securities registration filing under the provisions of the Uniform Securities.

The Securities Act of 1933 consists of two main aims which are that the investors should get financial and necessary information with regards to the securities that are offered for public sale and also that fraud, deceit, and misrepresentations should be prohibited when selling securities.

Identify 2 ways technology has a negative impact on society

Answers

Technolgy though convenient can have negative effects. Technology can be addicting, causing health issues like insomnia or vision problems. It also can affect our communication skills, making people more closed off to the people around them no longer having face to face contact.

When a monopolist increases output, total revenue will: Multiple Choice increase if the price effect outweighs the quantity effect. decrease if the quantity effect outweighs the price effect. increase if the quantity effect outweighs the price effect. increase but it will have no price effect.

Answers

Answer: will increase if the quantity effect outweighs the price effect

Explanation:

A monopolist is an individual or a firm that controls all the market for a certain good or service in the market. A monopolist has so much power and usually doesn't improve their product as there are no alternatives.

An increase in output by monopolist will increase if the quantity effect outweighs the price effect.

Other Questions
a town Pharmacy in hospital is doing it as a part of format of the town has a scale 18840.35 miles what is the distance between the pharmacy in the hospital on the map in inches pharmacy in hospital is doing it as a part its a map of the town has a scale where 1inch = 0.25 miles what is the distance between the pharmacy in the hospital on the map in inches What is the relationship of the 6's in 966? Your roommate just bought an iPod for $200. She would have been willing to pay $500 for a machine that could store and replay that much music. How much consumer surplus does your roommate enjoy from the iPod? * A chef is going to use a mixture of two brands of Italian dressing. The first brand contains 8% vinegar, and the second brand contains 13% vinegar. The chef wants to make 270 milliliters of a dressing that is 9% vinegar. How much of each brand should she use If x-2=2^(2/3) + 2^(1/3), show that x3 - 6x3 + 6x-2=0 which sentence has a verb that is in the active voice in 1878 the world First Commercial Telephone Company was open by entrepreneurs in Connecticut Antonio purchased adult and child tickets for the fair. Tickets cost $29.35 for each adult and $17.45 for each child. Let x represent the number of adult tickets purchased and y represent the number of child tickets purchased. Write an expression to represent the total cost of the tickets Antonio purchased Create a bulleted list of four descriptive terms describing possible backgrounds a person my have Justin wants to cover the top of a circular swimming pool to keep insects out of the pool. If the diameter of the pool is 20 feet, what will be the area of the top of the cover (the portion of the cover that covers the surface of the pool)? 3 QuestionSimplify this expression:4(1 - 25) + 70 - 10.Type the correct answer in the box The number that has the exponent over it is called the what? The sum of a number and three is six less than twice that number A man weighing 340 pounds is admitted into a hospital for a special diet to lose no more than 6 pounds per week. What is the shortest time in weeks it could take the man to reduce his weight to 243 pounds? How can you prove that a conjecture is false? Whats the answer for number 9 Write 927 as a mathematical expression in expanded form. ________ use a graphic approach to depict systematically the root causes of a problem, the relationships between different causes, and potentially a prioritization of which causes are most important. What was society like in the Babylonian empire? A hot air balloon starts at a height of 6 feet above the ground and then rises at a rate of 20 feet each minute. Which equation gives the height h in feet as a function of time t in minutes? Oh=6t Oh = 20$ Oh=20t + 6 Oh=6+ 20 Why is it important to site? Name at least three reasons