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Svetllana [295]
2 years ago
15

If a hurricane was headed your way, would you evacuate? the headline of a press release states, "thirty-five percent of people o

n high-risk coast will refuse evacuation order, survey of hurricane preparedness finds." this headline was based on a survey of 4629 adults who live within 20 miles of the coast in high hurricane risk counties of eight southern states. in selecting the sample, care was taken to ensure that the sample would be representative of the population of coastal residents in these states
Business
1 answer:
irina [24]2 years ago
4 0
With the given information and the possible impacts of a Hurricane, I would evacuate.

It is not just about the probability of a Hurricane having an impact on my house or property.

Hurricanes can be very damaging and cause billions of dollars of infrastructure damages and hundreds of lost lives.

I would keep a key eye on the force and category of the Hurricane and if its more than 3, I would make preparations to evacuate.


You might be interested in
Each month, Jackie budgets $1640 for fixed expenses, $1320 for living expenses, and $260 for annual expenses. Her annual net inc
dsp73

Answer:

d. it is balanced.

Explanation:

A budget is defined as the amount of money that is set aside for some future purpose. It is a way to effectively manage funds and avoids wastage. When one is going out of their budget they know is is an unallocated cost and this will lead to unbalanced funding for needs.

In this scenario the total budget of Jackie is

Monthly budget= fixed expenses+ living expenses+ annual expense

Monthly budget = 1,640+ 1,320+ 260

Monthly budget= $3,220

Yearly budget= monthly budget* 12

Yearly budget= 3,220* 12= $38,640

This is a perfect balance with her annual net income.

5 0
2 years ago
Consider a risky portfolio. The end-of-year cash flow derived from the portfolio will be either $70,000 or $200,000 with equal p
xenn [34]

Answer:

A) 964,286

B) 14

C) 750,000

Explanation:

The portfolios expected return = (0.5 x $70,000) + (0.5 x $200,000) = $35,000 + $100,000 = $135,000

If the risk free investment yields 6% per year, and you require a risk premium of 8%, then the total interest rate that the portfolio yields must be 6% + 8% = 14%

you will be willing to pay: $135,000 / 14% = $964,286 for the portfolio

if the risk premium increase by 4%, then the price of the portfolio will decrease to: $135,000 / 18% = $750,000

4 0
2 years ago
Southern Rim Parts estimates its manufacturing overhead to be $396,000 and its direct labor costs to be $990,000 for year 1. The
S_A_V [24]

Answer:

Southern Rim Parts

Journal Entry:

Account Title                        Debit           Credit

Work-in-process inventory  $9,760

Finished goods inventory   24,400

Cost of goods sold              63,440

Manufacturing overhead                      $97,600

To record the prorated under-applied overhead cost.

Explanation:

a) Data and Calculations:

Estimated manufacturing overhead = $396,000

Estimated direct labor costs = $990,000

Actual manufacturing overhead = $434,000

Actual direct labor costs =  $841,000

Predetermined overhead rate = estimated overhead/estimated direct labor costs = $396,000/$990,000 = $0.40 per DL

Applied overhead:

Work-in-process inventory $ 33,640

Finished goods inventory 84,100

Cost of goods sold 218,660

Total overhead applied = $336,400

Underapplied overhead = $97,600 ($434,000 - $336,400)

Prorating the underapplied overhead to:

Work-in-process inventory $33,640/$336,400 * $97,600 = $9,760

Finished goods inventory 84,100/$336,400 * $97,600 = $24,400

Cost of goods sold 218,660/$336,400 * $97,600 = $63,440

Total underapplied overhead = $97,600

5 0
2 years ago
Classify each property according to whether it is displayed by metals or by nonmetals
ElenaW [278]
<span>The following properties can be classified as those associated with metal elements: having a high density, malleable, and having low melting points. The following properties can be classified as those associated with non-metal elements: dull and nonreactive to acids.</span>
3 0
2 years ago
A borrower is interested in comparing the monthly payments on two otherwise equivalent 30 year FRMs. Both loans are for $100,000
Sergio039 [100]

Answer: $98.36

Explanation:

Based on the information that has already been given in the question, the following can be analysed:

For Loan 1:

Interest Rate = 7%

Nper = 30

Present value = $100000

With the above information, we can use the Excel calculator to solve further. To get the monthly payment for the first loan will be:

= pmt(rate, nper, pv,fv)

= pmt(7%/12,30×12,-100000,0)

= pmt(0.07/12,360,-100000,0)

= $665.30

For Loan 2:

Interest Rate = 7%

Nper = 30

Present value = $100000

Future value = $120000

With the above information, we can use the Excel calculator to solve further. To get the monthly payment for the first loan will be:

= pmt(rate, nper, pv,fv)

= pmt(7%/12,30×12,-100000,120000)

= pmt(0.07/12,360,-100000,120000)

= $566.94

The difference in the monthly payments will be:

= $665.3 - $566.94

= $98.36

8 0
2 years ago
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