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atroni [7]
2 years ago
12

Ronald is trying to pay down his student loan debt as quickly as possible, so he decides not to purchase dental insurance and us

es that money toward debt repayment instead. Ronald bites into something unexpectedly hard and breaks his tooth, causing great pain. Can he enroll in dental insurance tomorrow and make a dentist appointment the following day
Business
1 answer:
mojhsa [17]2 years ago
7 0

Answer:

No, he cannot

Explanation:

Under an insurance contract, the insured agrees to pay small amount regularly, known as insurance premium so as to avoid bearing unexpected, unforeseen huge amount of liability which may arise in the future. Such a loss is borne by the insurer i.e the insurance company.

In the given case, Ronald refused to purchase dental insurance initially and preferred repayment of his student loan. Since he did not hold any insurance at the time of accident/injury, he cannot enroll later for an event that has already occurred i.e the injury.

An insurance contract will now safeguard him against expenses on future accidents/ injuries but will not compensate him for the accident that has already occurred when he held no insurance.

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Paramount electronics has an annual profit given by p = −100,000 + 5,000q − 0.25q2 dollars, where q is the number of laptop comp
guajiro [1.7K]
<span>P= -1000,000 +5000q - 0.25q2 q= 30n + 0.01n2 n = 20 substituting for q in P P= -100,000 + 5000(30n+0.01n^2) - 0.25(30n+0.01n^2) dp/dn = 5000*30+2*0.01*5000 - 0.25*2(30n+0.001n^2)+30+2*0.01n dp/dn = 0.005n^2 +85.02n+150030 substituting for n=20 and solving dp/dn = 151,732</span>
4 0
2 years ago
Read 2 more answers
Em sales had $2,200,000 in sales last month. the contribution margin ratio was 30% and operating profits were $180,000. what is
Paul [167]

<u>Calculation of margin of safety in sales dollars:</u>


We are given that Em sales had $2,200,000 in sales last month and the contribution margin ratio was 30% and operating profits were $180,000.

We can calculate fixed cost with the help of following formula:

Fixed Costs  =( Sales * contribution margin ratio) - operating profits

= (2200000*30%)-180000

= $ 480,000

Now we can calculate Breakevens Dollar Sales as follows:

Breakevens Dollar Sales = Fixed Cost / Contribution Margin %

= 480,000/30%

= $1,600,000


Finally, we can calculate the margin of safety in sales dollars as follows:

The margin of safety in sales dollars =  Actual Sales – Breakevens sales

= 2200000-1600000

=$600,000


Hence, Margin of safety in sales dollars is <u>$600,000</u>






5 0
2 years ago
Teagan wants to buy a new refrigerator. The refrigerator costs $1650. Teagan decides to finance the refrigerator for 24 months a
sukhopar [10]

Answer:

$78.06

Explanation:

For computing the monthly payment we need to apply the PMT formula i.e. to be shown in the attachment below:

Given that,  

Present value = $1,650

Future value or Face value = $0

RATE = 12.5% ÷ 12 = 1.0416%

NPER = 24 months

The formula is shown below:  

= PMT(RATE;NPER;-PV;FV;type)  

The present value come in negative  

So, after applying the above formula, the monthly payment is $78.06

7 0
2 years ago
A stock has had the following year-end prices and dividends: Year Price Dividend 1 $ 43.37 - 2 48.35 $ .60 3 57.27 .63 4 45.35 .
RideAnS [48]

Answer:

geometric mean return = 1.2%

arithmetic mean return = 1.21%

Explanation:

Year            Price            Dividend              Yearly return

1                  $43.37                 -                            0

2                 $48.35            $0.60                      1.24%

3                 $57.27            $0.63                       1.1%

4                 $45.35            $0.80                       1.76%

5                 $52.27            $0.85                       1.63%

6                  $61.35            $0.93                       1.52%

geometric mean return = [(1 + 0) x (1 + 0.0124) x (1 + 0.011) x (1 + 0.0176) x (1 + 0.0163) x (1 + 0.0152)]¹/⁶ - 1 = 1.012 - 1 = 0.012 = 1.2%

arithmetic mean return = (0% + 1.24% + 1.1% + 1.76% + 1.63% + 1.52%) / 6 = 7.25% / 6 = 1.21%

6 0
2 years ago
What can organizations do to institutionalize organizational learning? What practices and policies would aid in knowledge acquis
elena-s [515]

Answer:

There are many things that a company can do to institutionalise learning and knowledge. Some of them doesn't even cost much and take a lot of time to be implemented.

Empowerment of individual employees. Giving them more autonomy in the job and the capacity to work freely with the peers.

Making teams rather than working individually. Team spirit is essential in the learning process and to promote sharing.

Conducting internal development and training programs on a regular basis.

Using social media platforms to connect the employees so that they are able to share their knowledge, expertise on a real-time basis.

Reducing the power gap between the employees and their superiors.

Explanation:

8 0
2 years ago
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