Answer:
Time-and-materials contracts, which bill the project at an agreed-upon rate based on actual resources used and time spent by developers.
Fixed-price contracts, which bill the project at a flat rate, regardless of the time spent or resources used.
Explanation:
Suppose people cannot tell for sure whether they will fall ill in any given year. High-risk people correctly perceive their chance of falling ill in a year is 30 percent, and low-risk people correctly perceive that their chance of falling ill is 10 percent. Both high-risk and low-risk people have to pay $10,000 in medical expenses if they fall ill, and nothing if they remain healthy.a. What are the expected annual medical expenses of a high-risk person?$ per yearb. What are the expected annual medical expenses of a low-risk person?$ per yearc. Suppose insurance companies cannot tell whether someone is high-risk or low-risk. They only know that half of all people are high-risk, and half of all people are low-risk. So, they offer a health insurance policy that costs $2,000 per year in exchange for covering all of a person's medical expenses should they fall ill. If high-risk people, and low-risk people are risk-neutral, then who will purchase this insurance policy? Will the insurance company be able to stay in business if it continues to charge $2,000 per year? Briefly explain.(Click to select) Only low-risk people or Neither high-risk nor low-risk people or Only high-risk people or Both high-risk and low-risk people will want to purchase the insurance policy.The insurance company (Click to select) will not or will be able to stay in business because on average the company will (Click to select) break even or pay less to each customer than the revenue it receives from each customer or pay more to each customer than the revenue it receives from each customer .
The expected annual medical expenses of a high-risk person is $3000 per year while that of a low-risk person is $1000 per year.
The expected annual medical expenses of a high-risk person will be calculated as:
= Probability of falling ill × Expenses in case of illness
= 30% × $10000
= 0.3 × $10000
= $3000
The expected annual medical expenses of a low-risk person will be calculated as:
= Probability of falling ill × Expenses in case of illness
= 10% × $10000
= 0.1 × $10000
= $1000
It should be noted that in a situation where the individuals are risk neutral, the low-risk persons will not buy insurance as only the high-risk individuals will be expected to buy insurance.
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Much to the chagrin of established firms, one clear supertrend is that products and services must get to market faster because Multiple Choice it takes lots of resources to survive disruptive innovation. more competitors are offering targeted products. globalization is transforming whole industries. knowledge is the new competitive advantage.
The clear supertrend is that its products and services must get to market faster because more competitors are offering targeted products.
Firms who offers a wide scope of items or administrations are presently encountering serious tension from contenders offering specific arrangements in the industry.
Hence, to the annoyance of the established firms, the clear supertrend is that its products and services must get to market faster because more competitors are offering targeted products.Therefore, the Option A is correct.
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6. Make a list of at least 3 people you would want to give copies of your business plan to, and explain why you chose each of those people. (1-5 sentences. 3.0 points)
Answer:
1. Elon Musk
He is vey good at money management. Elon can take almost any idea and make it better, meanwhile turning it into reality.
2. Gary Vee
He is a determind entrepreneur and knows what he is talking about. I would trust his judgement on my ideas and thoughts.
3. Jeff Bezos
He is a very powerful and famous buisness man. if he were to approve of my idea he would make it public, and possibly viral just by saying my companies name.
People are constantly interviewing people giving my buisness publicuty.
Midwest Life Insurance sells a life insurance policy to Thiago. Under the terms of the contract between Thiago and Midwest Life, Thiago will pay $75 per month for the policy, and, upon Thiago’s death, Midwest Life will pay $100,000 to Laurelei. Four years later, Thiago dies, and Midwest refuses to pay under the terms of the policy. The party entitled to sue Midwest for its failure to honor the terms of the contract is:
The party which is entitled to sue Midwest for its failure to honor the terms of the contract is Laurelei because she is the contract beneficiary.
Basically, the life assurance policy is a policy which promises to pay the beneficiary of the life assured a certain sum after the death of the life assured.
Here, the contract of assurance is valid because Thiago ensures continuous payment of his premium.
Thus, Laurelei who is a beneficiary to Thiago life assurance is entitled to the sum assured because she is included in the contract terms as a beneficiary since the inception of the contract.
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In ______ sales, the salesperson does not have to do much prospecting or qualifying.
Answer: business-to-consumer (B2C)
In business-to-consumer sales, the salesperson does not have to do much prospecting or qualifying.
Business-to-consumer sale is a form of sales that occurs between a business and its customers. There is no middle person involved in this form of sales.
Thus, the consumer does not have to do anything much to be sold a product.
An example of business-to-consumer sales is online retailers who sell products to consumers online.
The consumers do not have to do much prospecting or qualifying.
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A Birmingham, Alabama, foundries produces cast-iron ingots according to a 3-month capacity plan. The cost of labor averages $100 per regular shift hour and $140 per overtime (O.T.) hour. Inventory carrying cost is thought to be $4 per labor-hour of inventory carried. There are 50 direct labor-hours of inventory left over from March. For the next 3 months demand and capacity (in labor-hours) are as Month Regular labor (hours) O.T. Labor (hours) Demand APR 2880 355 3000 MAY 2780 315 2750 JUN 2760 305 2950 Develop an aggregate plan for the 3-month period using the transportation method. a. What is the overall cost of this plan
What is the breakeven point, in dollars, for Zippy Dippy Swimwear, maker of bathing suits and accessories
Answer:
the selling is missing, so I looked for similar questions and found that the selling price per swimsuit and its accessory is $85. total variable costs: raw materials $15 labor costs $8 commissions $2 total $25 total fixed costs: utilities $50,000 rent $96,000 salaries $150,000 taxes $30,000 total $326,000 contribution margin per swimsuit and accessory =$85 - $25 = $60 break even point in units = $326,000 / $60 = 5,433.33 ≈ 5,434 units break even point in $ = 5,434 x $85 = $461,890
Explanation:
True or False: It is common for debt investors to push entrepreneurs to pursue less risky business strategies for their ventures.
it is false and uncommon for debt investors to push entrepreneurs to pursue less risky business strategies for their ventures.
Basically, debt investment entails an investor who lends his money to a firm, individual with an expectation of repayment of loan plus interest from them at a particular date.
The practice that borrowers should engage in less risky business strategies for their ventures will not be encouraged by debt investors because it is less risky and will not yield high return to allow them repay their loan quick enough.
Therefore, it is false and uncommon for debt investors to push entrepreneurs to pursue less risky business strategies for their ventures.
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Increased water-related costs will directly impact material processing companies, but these costs ______ impact upstream businesses and consumers.
"Increased water-related costs will directly impact material processing companies, but these costs also impact upstream businesses and consumers."
What does the upstream business mean?The suppliers of the company and the procedures for maintaining relationships with them are included in the upstream segment of the supply chain.
The actions associated with the organization's suppliers—those parties who find raw materials to send to the manufacturer—are all part of the upstream supply chain.
The term "downstream supply chain" describes actions taken after product manufacture, namely the act of transferring the goods to the buyer.
For example Points in the production process that start off early in the processes are referred to as upstream.
In the oil and gas supply chain, upstream, also known as exploration and production (E&P), is located the farthest away from the end-user consumer.
Therefore, the correct fill-in will be "also", and the meaning of upstream in the business and companies are explained above, kindly follow them.
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When filing a consumer complaint, your last resort to receive compensation
should be
O
O
A. posting a review on social media.
B. complaining directly to the company.
O
C. complaining to a consumer protection agency.
d
D. filing a lawsuit against the company.
Filing a consumer complaint, last resort to receive compensation should be filing a lawsuit against the company. Thus, option (d) is correct.
What is compensation?
The term “compensation” means payment to be received in exchange for services. The compensation received and earned by employees In the workplace, wages, and salaries are adjusted to include commission and rewards for exceptional job performance, such as stock, profit sharing, and bonuses.
A legal action being taken against the corporation. Small claims and class actions are your two greatest possibilities. Act within the deadlines for bringing a case if you decide to sue. Ask for legal counsel and weigh the advantages and disadvantages.
Therefore, option (d) is correct.
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In the late 1990s the U.S. federal government ran a budget surplus for the first time in decades. This meant that Choose one: A. U.S. government debt was reduced but not eliminated. B. U.S. government debt stayed constant over these years. C. U.S. government debt was eliminated. D. U.S. government debt increased at a slower rate than it had done previously.
The fact that the U.S. had a federal budget surplus meant that A. U.S. government debt was reduced but not eliminated.
When a country has a budget surplus, it means that:
The country had enough tax revenue to take care of its obligations The country did not have to borrow extra funding The country was able to pay off some debtWith the U.S. having a budget surplus, we can conclude that the U.S. was not only able to avoid borrowing more money, they were able to pay off some.
This means that they reduced the debt even though they did not eliminate it.
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Which 3 of these areas does the Client Needs Assessment tool focus on to help gather the information needed to select the right QuickBooks Online subscription for a client
In order to choose the best QuickBooks Online subscription for a customer, it's critical to use the customer Needs Assessment tool to help gather information.
Features and solutions, client profiles, and needs assessment are the three main areas on which the tool concentrates. The features and solutions category focuses on the particular features and solutions that the client requires to efficiently manage their business.
The client profile section focuses on the client's industry, size, and type of business. The needs assessment section, which comes last, concentrates on the client's particular requirements, such as payroll, inventory management, and invoicing.
The customer Needs Assessment tool helps make sure the customer is matched with the proper QuickBooks Online subscription to fulfill their specific needs by obtaining information in these three categories.
Therefore, Features and solutions, Client profiles, and Needs assessment are the areas.
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Suppose that a restaurant uses a focus group of regular customers to determine how many customers would buy a proposed new menu item at various prices. Can this information be used to estimate an inverse demand function? A demand function? Explain briefly. Would it be possible to use a focus group to generate data that could be used to estimate a demand function that includes both price and income as explanatory variables?
The information can be used to estimate an inverse demand function and a demand function as E. the demand curve, and the inverse demand curve can be calculated from it.
A demand function with price and income as explanatory variables can be generated from the focus group by capturing buying pattern data at different prices and levels of income.
It should be noted that a demand function simply shows the relationship that exists between the quantity demanded and price. Based on the question, using a demand function can be computed easily since quantity is a function of price.
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A portfolio has an expected return of 13.8%, a beta of 1.14, and a standard deviation of 12.7%. The U.S. Treasury bill rate is 3.2%. What is the Treynor ratio
Answer:
hope this helps
A portfolio has an expected return of 13.8 percent, a beta of 1.14, and a standard deviation of 12.7 percent. The U.S. Treasury bill rate is 3.2 percent. What is the Treynor ratio?
A. .093
B. .138
C. .146
D. .835
E. .951
your answer A. .093
Explanation:
A(n) __________ is a person who benefits from team membership but does not make a proportionate contribution to the team's work.
Answer:
a free rider
Explanation:
A free rider is a person who benefits from team membership but does not make a proportionate contribution to the team's work.
What is membership?Membership Term refers to the time frame in which you are a member, which is the term beginning on the commencement date and ending on the expiration date (or earlier if your Membership is canceled in accordance with the Membership Terms and Conditions).
A free rider is someone who gains from team participation without contributing fairly to the team's labor. A typical team dysfunction is a focus on results. 4. Meeting the members' individual requirements is a key component of productive output.
Professional associations, trade groups, voluntary associations, political parties, clubs, and a broad variety of other organizations fall under the category of membership organizations. Typically, membership organizations use membership software to offer their members services.
Therefore, Membership does not make a proportionate contribution to the team's work.
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what's the difference between a tax and a levy?
What is the real difference between riding English or riding Western?
Answer:
What’s the difference between Western and English riding?
What’s the difference between Western and English riding? At first glance, the most obvious difference between Western and English riding is the tack, and in particular the saddle, a Western saddle is much bigger and heavier than an English saddle.
In some cases promotions tailored to specific countries or regions may be more successful than a general campaign because:
A) more than one marketing expert is needed to create successful promotions
B) it costs less to set up several smaller campaigns than one that can be used for all markets
C)there is no need to test the message before starting the campaign
D)each country or region has its own culture
Answer: D) each country or region has its own culture
In some cases, promotions tailored to specific countries or regions may be more successful than a general campaign because each country or region has its own culture.
When a company decides to internationalize its business, it is necessary to develop a marketing campaign that helps in the acceptance of the products and services offered by the organization in the local market.
It is therefore necessary to adapt some characteristics and promotions for the local market, as the culture of each country or region is capable of influencing the needs, preferences and desires of the local consumer.
An organization that develops a marketing campaign aligned with its operating location has greater chances of being positioned in the market, creating value and satisfaction about its products and services.
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A company issues 7% bonds with a par value of $230,000 at par on January 1. The market rate on the date of issuance was 6%. The bonds pay interest semiannually on January 1 and July 1. The cash paid on July 1 to the bond holder(s) is:
Which of the following types of machine guard is generally preferred because of its simplicity and durability?
a) Interlocked
b) Fixed
c) Self-adjusting
d) Adjustable
Answer:
b) Fixed
Explanation:
Fixed guards are permanent parts of a machine. These guards are preferable because they're simple and permanent. Interlocked guards automatically shut off or disengage power through a tripping mechanism when it is opened or removed.
Garcia Corporation purchased a truck by issuing an $80,000, 4-year, zero-interest-bearing note to Equinox Inc. The market rate of interest for obligations of this nature is 10%. Prepare the journal entry to record the purchase of this truck. (Round present value factor calculations to 5 decimal places, e.g. 1.25124 and final answers to 0 decimal places, e.g. 5,275. Credit account titl
Based on the information given the appropriate journal entry to record the transactions is:
Garcia Corporation Journal entry
Debit Truck $54,641
Debit Discount on notes payable $25,359
Credit Notes payable $80,000
(To record the purchase of truck)
Truck =Purchase price×1/(1+Interest rate)^Number of years
Truck=$80,000×1/(1+.10)^4
Truck=$80,000×1/(1.10)^$
Truck=$80,000×0.683013
Truck=$54,641
Discount on notes payable = Notes payable - Truck
Discount on notes payable =$80,000 - $54,641
Discount on notes payable = $25,359
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Which of the following is an exception to the general rule for safeguarding to prevent hazards during servicing
and maintenance of machines?
a Servicing or maintenance is
not hazardous for employees
b) Maintenance is minimal and performed as an important part of production
c) Employer uses other safeguards which provide effective protection as required by OSHA standards
dA of the above
Answer:
a Servicing or maintenance is
not hazardous for employees
Explanation:
The statement that serves as an exception to the general rule for safeguarding to prevent hazards during servicing and maintenance of machines is A:Servicing or maintenance is not hazardous for employees.
According to the question, we are to discuss about general rule for safeguarding to prevent hazards during servicing and maintenance of machines .
We can see that this rules serves as guideline to prevent hazard in the working environment and we can see that Servicing or maintenance is not hazardous for employees.
Therefore, Servicing or maintenance is not hazardous for employees.
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what color is yellow
Answer:
Yellow is the color between orange and green on the spectrum of visible light. It is evoked by light with a dominant wavelength of roughly 575–585 nm. It is a primary color in subtractive color systems, used in painting or color printing.
Explanation:
Yellow is a important color . Give Brainliest
Answer:
yellow symbolizes happiness, warmth and sunshine
Explanation:
Yellow is the color between orange and green on the spectrum of visible light. It is evoked by light with a dominant wavelength of roughly 575–585 nm. It is a primary color in subtractive color systems, used in painting or color printing.
Which of these factors mostly greatly impacts business cycles
1. Age
2. Science
3. Media
4. Economy
As financial controller at a manufacturing company, you have been advised by a colleague that the sales director is unlawfully declaring fuel benefits as the tax value is high. This has been creating higher profit margins and if declared those margins will go down. There is potential that this could push the company into insolvency, which would result in job losses for 300 employees. You have made the other directors aware of the situation but they have expressed a wish not to disclose the misleading tax bill. You are aware that by declaring this information to the tax authorities, as required by law, that the organization may have to declare insolvency and those 300 employees could lose their jobs. What would you do?
Answer:
so many words i cant understand the of it
As the financial controller facing this ethical and legal dilemma, here's a course of action you could consider below:
What would you do?Seek advice from legal professionals to fully understand the legal implications of not reporting the accurate tax information. This will help you make informed decisions based on the law and potential consequences.
Keep thorough records of your interactions, discussions, and decisions related to this matter. Documentation will be crucial if any legal or ethical issues arise later.
Engage in open and honest discussions with the other directors, emphasizing the potential legal and ethical ramifications of not reporting accurate tax information. Stress the importance of transparency and compliance with the law.
Explore alternative ways to address the issue without causing potential insolvency. This could include discussing options with tax authorities, seeking professional advice on managing tax liabilities, or making changes to the company's financial strategy.
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Your firm wants to convert $1.4 million Australian into US dollars in purchase in 12 months. The spot rate is $0.9704 equals $1 Australian. The inflation rates in Australia and the United States are expected to be 6 percent and 2 percent, respectively. Using the concept of purchasing power parity (PPP) as its relates to future exchange rates, determine the difference in costs between completing the transaction now and doing it in 12 months. A. $36,821 B. $54,320 C. $42.568 D. $60,242
The difference in costs between completing the transaction now and doing it in 12 months is $51,268.
Given Information
Australian dollars = $1,400,000
Spot rate = 0.9704 USD per Australian Dollar
Inflation in US - 2%
Inflation in Australia = 6%
PPP expected rate = Spot rate * (1+inflation in US)/(1+inflation in Australia)
PPP expected rate = 0.9704 * (1+2%)/(1+6%)
PPP expected rate = 0.933781132
US amount with Spot rate = $1,400,000*0.9704
US amount with Spot rate = $1,358,560
US amount with forward rate = $1,400,000*0.93378
US amount with forward rate = 1,307,292
Differential US amount = US amount with Spot rate - US amount with forward rate
Differential US amount = $51,268
Therefore, the difference in costs between completing the transaction now and doing it in 12 months is $51,268.
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I need help I have no idea how to do this
Answer:
just round it to the nearest cent like how you would round it to the nearest tenth and write the answer in the box
Assuming Brokerage fees of $6000, calculate the amount of cash needed to retire Baldwin's 12.4S2028 bond early. Select : 1 Submit Answer $5,827,834 $5,494,654 $5,488,654
Based on the brokerage fees and the market value, the amount needed to retire the bond early is $5,499,668
The details are incomplete but in order to find the amount needed to retire the bond, the formula is:
= Brokerage fees + (Face value x Closing price/ 100)
Assuming a Face value of $5,675,277 and a closing price of $96.80, the amount needed would be:
= 6,000 + (5,675,277 x 96.80 / 100)
= $5,499,668.136
= $5,499,668
In conclusion, it would cost $5,499,668.
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The forming stage of team development is characterized by:
a. the establishment of order and cohesion.
b. problem solving.
c. conflict.
d. cooperation.
e. orientation.
The forming stage of team development is characterized by orientation.
Forming stage signifies the first stage that provides organization and induction of team members. Thus, the major task of defining goals, purpose, roles, and duties of the team is discussed as part of the formal details of the project.
Thus, the team members experience higher uncertainty as members meet in person for the first time where the manager provides an introduction of each member along with their details in terms of skills and other background information.
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Mary worked on the assembly line at an automobile assembly plant. People weren't buying as many cars, and she was laid off. How would you classify Mary
We will classify Mary as been cyclically unemployed because she is unemployed due to the economic downturn.
Basically, the cyclical unemployment is the unemployment experience as a result of economic upturn and downturn.
The cyclical type of unemployment are mostly experienced during economic recessions.
It is obvious that people were not buying as many cars because of economic downturn.
Therefore, in conclusion, we will classify Mary as been cyclically unemployed because she is unemployed due to the economic downturn.
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