Answer:
The correct answer is letter "D": Insurance companies will only cover losses suffered while the policy is already in place.
Explanation:
Regardless of the type of insurance you purchase, the purpose of the coverage is having a policy in case an unexpected unfortunate event takes place. <em>Insurances do not enroll individuals who need the policy just because of an ongoing accident</em>. Those individuals could enroll in an insurance plan but the ongoing accident will not be covered by the company. Only those events happening when the policy is already valid are subject to evaluation for coverage.
Answer:
C. $294
Explanation:
The computation of the company's target full - product cost per unit is shown below:
= Target sale price - target sale price × net profit margin
= $420 - $420 × 30%
= $420 - $126
= $294
Simply we deduct the targeted net profit from the targeted sales price so that the accurate target full - product cost per unit can come.
Answer: B. You can create a new vendor from the product/service information screen
Explanation:
The statement that is true regarding the Preferred Vendor field in Product and Services items is that can create a new vendor from the product/service information screen.
Other statements given in the question such as adding more than one preferred vendor to each product/service item and Preferred vendors must be assigned to utilize Price rules are not true.
Therefore, option B is the correct answer.
Answer:
The amount of the additional projected liability that should be recognized is $28,000
Explanation:
For computing the amount of the additional projected liability, we have to apply the formula which is shown below:
= Tax benefit in 20% - Tax benefit in 40%
= $70,000 - $42,000
= $28,000
The other information which is given in the question is irrelevant. So, it is not been considered in the computation part. Hence, it is ignored.
We took the higher value between $42,000 and $14,000.
Answer: 1300
Explanation:
From the equation,
Qxs = 200 + 4Px - 3Py - 5Pw
where
Px = price of X = 500
Py = price of y = 250
Pw = price of input w = 30
Putting the figures back into the supply equation, we have:
Qxs = 200 + 4Px - 3Py - 5Pw
= 200 + 4(500) - 3(250) - 150
= 200 + 2000 - 750 -150
Qxs = 1300