All of the following are methods an insurer could use to protect against catastrophe except Group of answer choices:
A. purchase excess-of-loss reinsurance
B. purchase common stock
C. purchase quota share reinsurance with a low retained percentage
D. hire a risk manager
Answers
Among the options provided, purchasing common stock is the method that does not directly protect an insurer against catastrophes.
Catastrophes, such as natural disasters or large-scale events, can pose significant risks to insurers.
To protect against these risks, insurers employ various strategies.
One common method is purchasing excess-of-loss reinsurance, where the insurer transfers a portion of the risk to a reinsurer in exchange for a premium. This helps limit the insurer's potential losses in the event of a catastrophe.
Similarly, purchasing quota share reinsurance with a low retained percentage is another way for insurers to mitigate catastrophe risks.
This type of reinsurance involves sharing the risk with a reinsurer based on a predetermined percentage, reducing the insurer's exposure to catastrophic events.
Hiring a risk manager is also an effective strategy as they can assess, manage, and mitigate potential risks, including those associated with catastrophes.
Risk managers help insurers develop risk management strategies, implement safety measures, and ensure regulatory compliance.
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Related Questions
Manhattan Developers, Inc., pays Northeast Trust Company to release its claim to a strip of waterfront property. Northeast gives Manhattan a deed that conveys only whatever interest Northeast has in the strip. This deed is
Answers
"Manhattan Developers, Inc., pays Northeast Trust Company to release its claim to a strip..." this is a quitclaim deed. This is further explained below.
What is a deed?Generally, the deed is simply defined as Legal documents that are signed and delivered, particularly those that deal with property or legal rights.
In conclusion, When a company pays another company to relinquish a claim to a strip mine, it is executing a quitclaim deed.
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a company purchased a commercial dishwasher by paying cash of $4,200. the dishwasher's fair value on the date of the purchase was $4,560. the company incurred $310 in transportation costs, $390 installation fees, and paid a $180 fine for illegal parking while the dishwasher was being delivered. for what amount will the company record the dishwasher? multiple choice $4,560 $4,900 $5,260 $5,080
Answers
The amount the company will record the dishwasher will be $5,440.
Given that the company purchased a commercial dishwasher by paying cash of $4,200, and the dishwasher's fair value on the date of the purchase was $4,560, it means that the company purchased the dishwasher at a price that was less than the fair value of the dishwasher.
In addition to that, the company incurred $310 in transportation costs, $390 installation fees, and paid a $180 fine for illegal parking while the dishwasher was being delivered. We are to determine the amount the company will record the dishwasher.
The amount the company will record the dishwasher will be:
$4,560 + $310 + $390 + $180 = $5,440
Therefore, the answer is $5,440.
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Think about the Balance Sheet Equation: Scotty's end-of-year 2019 balance sheet lists current assets of $250,000, fixed assets of $800,000, current liabilities of $195,000, and long-term debt of $300,000. What is Scotty's total shareholders' equity
Answers
Scotty's total shareholders' equity is $555,000, which represents the residual value of the assets after deducting all liabilities, and it can be used as an indicator of the financial health and strength of the business.
Scotty's balance sheet equation is Assets = Liabilities + Shareholders' Equity. The equation represents the fundamental accounting identity that must hold for any company at any point in time.
To find the total shareholders' equity, we need to subtract the total liabilities from the total assets. Scotty's total assets are $1,050,000, which is the sum of current assets ($250,000) and fixed assets ($800,000). Scotty's total liabilities are $495,000, which is the sum of current liabilities ($195,000) and long-term debt ($300,000).
Therefore, Scotty's total shareholders' equity can be calculated as follows:
Shareholders' Equity = Total Assets - Total Liabilities
Shareholders' Equity = $1,050,000 - $495,000
Shareholders' Equity = $555,000
Scotty's total shareholders' equity is $555,000. This represents the residual value of the assets after deducting all liabilities. It shows the amount of investment that has been made by shareholders in the company, and it can be used as an indicator of the financial health and strength of the business.
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In general, what would a POSITIVE
consequence of buying an economy car include?
A. limited environmental impact
B. worse gas mileage
C. smaller passenger capacity
D. less space
Answers
The positive consequence of buying an economy car includes limited environmental impact.
Explanation: Economy cars are well known for their affordability when you want to rent a vehicle for your trips or vacation. These cars have great fuel economy i.e about 22-36 MBG.
These cars do not consume a lot of gas and thus reduce the dependency on fossil fuels and we know that the lesser the Car consumes fuel, the lesser the smoke will come out after exhaustion which will directly decrease the percentage of harmful gases like carbon dioxide, nitrogen oxide, hydrocarbons, and carbon monoxide. These are the gases that are responsible for the depletion of the ozone layer, causing harm to us and the environment.
It's been estimated that Economy cars reduce pollution by an estimation of about 50%. Thus, we can say that buying an economy car will have limited environmental impact.
Limited environmental impact would a positive consequence of buying an economy car include. Hence, option A is correct.
What is Limited environmental impact?A material or component that may be reused directly after reaching the end of its useful life with little to no additional processing has the lowest environmental impact. the year 2012's Advanced Materials in Automotive Engineering.
Environmental impacts are alterations to the built or natural environment that are a direct outcome of an activity and that may have a negative influence on the wildlife, fish, fisheries, fish, and other residents of the ecosystem.
Healthy ecosystems maintain our soil, clean our air, control the climate, recycle nutrients, and give us food. They offer resources and raw materials for making medications and other things.
Thus, option A is correct.
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What type of special title insurance policy is used when a property is being purchased through a land sales contract, purchase money mortgage, or purchase money trust deed
Answers
Answer:
A vendee policy.
Explanation:
A vendee policy is a type of special title insurance policy that is used when a property is being purchased through a land sales contract, purchase money mortgage, or purchase money trust deed.
This ultimately implies that, a vendee policy is an equitable buyer's lien issued to the purchaser of a real estate property in order to protect them in terms of repayment of the money being made as payment. It serves as a form of security for the buyer of a real estate property and as such it is enforceable by a court of competent jurisdiction.
The conversion from mechanical or analog devices to digital ones is known as the ________.
Answers
The conversion from mechanical or analog devices to digital ones is known as digitization.
This process involves transforming information or data from an analog format to a digital one, where the data is represented in the form of binary code that can be read and processed by computers and other digital devices.
Digitization has revolutionized many industries, such as music, film, and photography, by enabling the creation, storage, and distribution of digital media. This has resulted in significant improvements in quality, accessibility, and convenience, as well as cost savings.
In addition to media, digitization has also transformed industries such as manufacturing, healthcare, and finance. In manufacturing, for example, digitization has enabled the use of computer-aided design (CAD) and computer-aided manufacturing (CAM) systems, which have greatly improved the efficiency and precision of production processes. In healthcare, digitization has enabled the use of electronic health records (EHRs), telemedicine, and other digital tools that have improved patient outcomes and reduced costs.
Overall, digitization has had a profound impact on the way we live, work, and communicate, and its importance is only set to grow as digital technology continues to advance.
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The following data are for Lily Kay Company. Total sales revenue $250,000 Number of units sold 50,000 units Contribution margin per unit $3.50 Fixed costs $100,000 Calculate the number of units that must be sold to generate net income of $80,000.
Answers
Answer:
the number of units that generated net income is 51,429 units
Explanation:
The computation of the number of units that generated net income is shown below:
Here we have to find the break even point i.e. shown below:
= (Net income + fixed cost) ÷ (contribution margin per unit)
= ($80,000 + $100,000) ÷ ($3.50)
= 51,429 units
hence, the number of units that generated net income is 51,429 units and the same is to be considered
Which type of networking doesn't require a password to access
Answers
A Wi-Fi network connection with Wi-fi protected setup (WPS) for a home or a small environment doesn't require a password to access the networking system.
What is a password?Password is a code that helps in securing the data maintained on a computer or laptop. it also helps in securing the data from any unauthorized access.
WPS is a kind of network security that enables a protected wireless network for a home or a small surrounding. It allows a faster network connection between a router and any portable wireless device.
Therefore, the Wi-Fi network with WPS security requires no password to access the network.
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"Professional education and vocational training are the foundation
for the overall development of a nation". Justify this statement with
suitable examples.
?
Answers
Answer:
Professional education and vocational training are the foundation for the overall development of a nation because, by training people in the different careers and jobs that they will develop throughout their lives, this in turn is generating a series of people specialized in different labor fields that will benefit from one or the other it shapes society as a whole. Therefore, through this specific education in labor matters, future progress and well-being are generated for citizens.
All of the following are assumptions of cost-volume-profit analysis except a.the sales mix is constant. b.costs can be divided into fixed and variable components. c.there is no change in inventory quantities during the period. d.within the relevant range of operating activity, the efficiency of operations can change.
Answers
Answer:
d. within the relevant range of operating activity, the efficiency of operations can change.
Explanation:
Cost-volume-profit analysis is also known as the break even analysis, it is an important tool in predicting the volume of activity, the costs to be incurred, the sales to be made, and the profit to be earned is. It is used to determine how changes in differing levels of activities such as costs and volume affect a company's operating income and net income.
Generally, to use the cost-volume-profit analysis, financial experts usually make some assumptions and these are;
1. Sales price per unit product is kept constant.
2. Variable costs per unit product are kept constant and the total fixed costs of production are kept constant i.e costs can be divided into fixed and variable components.
3. All the units produced are sold i.e there is no change in inventory quantities during the period.
5. The costs accrued are as a result of change in business activities.
6. A company selling more than a product should simply sell in the same mix i.e the sales mix is constant.
Hence, the aforementioned are assumptions of cost-volume-profit analysis except that, within the relevant range of operating activity, the efficiency of operations can change.
All of the following are assumptions of cost-volume-profit analysis except within the relevant range of operating activity, the efficiency of operations can change. Thus, option D is the correct option.
The break-even analysis, also known as cost-volume-profit analysis, is a crucial technique for forecasting the amount of activity, expenditures to be incurred, sales to be produced, and profits to be realized. It is employed to assess how variations in various activity levels, such as expenses and volume, impact an organization's operating income and net income.
Financial professionals typically utilize the cost-volume-profit analysis and base their decisions on the following assumptions:
The unit sales price of the product is constant.The overall fixed costs of production are maintained at a consistent level, allowing for the division of costs into fixed and variable components.Learn more about cost-volume-profit here:
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all other things the same, an increase in total fixed expenses will increase the break-even point. T/F
Answers
The statement ''all other things the same, an increase in total fixed expenses will increase the break-even point is false. An increase in fixed expenses will increase the total amount of sales needed to break even.
This is because fixed expenses do not vary with sales volume and thus must be recovered through sales revenue before profits can be realized. In other words, as fixed expenses increase, the break-even point will also increase, since a greater amount of sales revenue will be needed to cover the fixed expenses.
For example, if fixed expenses increase by 10%, then the break-even point will also increase by 10%, since additional sales revenue would be needed to cover the additional fixed expenses.
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14. in 2018, cities including seattle and san francisco passed laws banning the use of plastic disposable straws because they are harmful to the environment (because plastic does not easily biodegrade) and to marine life (which ingest straws that end up in the ocean). opponents point out that such bans may result in unintended monetary cost as well as external cost.
Answers
In the above situation, the potential costs that may be derived will be,
Straws made of alternative materials lack the flexibility of plastic straws. This makes it harder for people with disabilities, seniors, and children to use them. Compostable straws are an alternative to disposable straws. For compostable straws to break down properly they need to be disposed of in a special commercial composter, an infrastructure that needs to be created. Alternatives to disposable straws do not need fossil fuels to be recycled.Therefore, the options B, C and D hold true.
What is the significance of potential costs?The potential costs can be referred to or considered as the costs that may have a contingency of being incurred by a producer upon the effects of some external factors.
Therefore, the options B, C and D holds true and states regarding the significance of potential costs.
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The question seems to be incomplete. It has been added below for better reference.
14. In 2018, cities including Seattle and San Francisco passed laws banning the use of plastic disposable straws because they are harmful to the environment (because plastic does not easily biodegrade) and to marine life (which ingest straws that end up in the ocean). Opponents point out that such bans may result in unintended monetary cost as well as external cost.
Which of the following describes potential costs that may arise as a result of these new laws? Select all that apply.
A. Alternatives to plastic straws cost at least 10 times more than the current price of plastic straws.
b. Straws made of alternative materials lack the flexibility of plastic straws. This makes it harder for people with disabilities, seniors, and children to use them.
C. Compostable straws are an alternative to disposable straws. For compostable straws to break down properly they need to be disposed of in a special commercial composter, an infrastructure that needs to be created.
D. Alternatives to disposable straws do not need fossil fuels to be recycled.
Two characteristics of an autocratic and democratic leadership style
Answers
Answer:
• You have a highly structured working environment.
• You dictate all the working methods and processes.
Explanation:
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major factors influencing economic growth
Answers
Answer:
Some major factors:
Natural Resources
Physical Capital or Infrastructure
Population or Labor
Human Capital
Technology
Law
Poor Health & Low Levels of Education
Lack of Necessary Infrastructure
Explanation:
Answer:
Natural Resources
Physical Capital or Infrastructure
Population or Labor
Human Capital
Technology
Law
Poor Health & Low Levels of Education
Lack of Necessary Infrastructure
Explanation:
Suellen meets with licensee Nick to discuss selling the home where she has lived for 30 years. Suellen wants enough money from the sale to purchase a condo in a new community and buy some new furniture without going into debt. She tells Nick she needs to make $215,000 on the sale. Anything he can get over and above that amount will be his to keep. This is an example of a(n)
Answers
net listing, the seller sets a net amount that they will accept, anything above that amount is the agents to keep
Establishing an online professional network is an important tool for locating career opportunities in the twenty-first century.
False
True
Answers
Answer:
I say your answer option is true. I'm so sorry if my answer ends up being wrong. I tired my best
Answer:TRUE
Explanation:
complete the cost schedule below. when computing the cost per unit, round to two decimal places. round all other values to the nearest dollar. toys produced 88,400 109,200 142,800 total costs: total variable costs $33,592 d. $fill in the blank 1 j. $fill in the blank 2 total fixed costs 37,128 e. fill in the blank 3 k. fill in the blank 4 total costs $70,720 f. $fill in the blank 5 l. $fill in the blank 6 cost per unit: variable cost per unit a. $fill in the blank 7 g. $fill in the blank 8 m. $fill in the blank 9 fixed cost per unit b. fill in the blank 10 h. fill in the blank 11 n. fill in the blank 12 total cost per unit c. $fill in the blank 13 i. $fill in the blank 14 o. $fill in the blank 15
Answers
As opposed to variable costs, which do alter with production level, fixed costs are expenses that remain constant throughout time. The sum of the fixed and variable costs is the total cost. By dividing the overall cost by the quantity generated, the cost per unit is obtained.
The completed cost schedule is as follows:
Toys produced: 88,400 109,200 142,800
Total costs:
Total variable costs: $33,592 $41,184 $53,568
Total fixed costs: $37,128 $37,128 $37,128
Total costs: $70,720 $78,312 $90,696
Cost per unit:
Variable cost per unit: $0.38 $0.38 $0.38
Fixed cost per unit: $0.42 $0.34 $0.26
Total cost per unit: $0.80 $0.72 $0.64
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In capital budgeting, the net ______ determines the value of a project to the company. Multiple choice question. sales income future value present value
Answers
Capital budgeting is a process that is used by a business to determine the financial feasibility of a given investment project. Capital budgeting helps organizations to make investment decisions that involve investing in long-term assets.
Capital budgeting is critical as it aids companies to make decisions that maximize the shareholder's wealth by utilizing a set of criteria that identifies the investments' potential future cash flows.The net present value (NPV) is a financial calculation that is used in capital budgeting to determine the value of a project to the company.
NPV measures the present value of an investment's expected cash flows by subtracting the project's initial investment. In simpler terms, NPV takes the expected cash inflows from an investment and subtracts the expected cash outflows from the same investment to come up with a net cash flow.
This calculation determines whether or not a project is worth the investment, as it gives an indication of the returns to be generated from a project.
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In testing inventory at an audit client in the retail industry, you note that some of the inventory is contracted to be held on consignment. As a result, which financial statement assertion is now relevant ?
a. Rights and obligations.
b. Completeness.
c. Existence or occurrence.
d. Valuation or allocation.
Answers
When inventory is tested with audit customers in the retail industry, we find that some of the inventory is contractually consigned. This means that a) rights and obligations settlement enforcement is now relevant as well.
Rights and obligations are the basic statements used in the preparation of financial statements to show that an organization has ownership over its stated assets and is obligated to pay its stated liabilities. For example, you can demand the right to have children or the right to make decisions about your children's education. An attendant duty is to properly educate them as good citizens, introduce them to the culture of their society, and teach them right and wrong. A right is what you want others to do to you, and a duty is what you ought to do for others.
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Zach is looking for a homeowners insurance policy for his new house. AAA Insurance company has offered him a plan that insures his home annually for $0.36 per $100 of value in the home. In order to make calculations easier, Thompson’s Insurance lists their annual homeowners insurance premium a bit differently, at $3.63 per $1,000 of value in the home.
Zach’s house is worth $289,000. What should Zach be thinking as he chooses between the two insurance companies?
a.
$3.63 per $1,000 is approximately the same as $0.36 per $100. The premiums for the two insurance companies will be the same.
b.
The annual premium for his house would be cheaper through AAA.
c.
The annual premium for his house would be cheaper through Thompson’s.
d.
Since the two insurance companies list their premiums differently, the two cannot be compared.
Answers
Answer:
B
Explanation:
just did the test and got it right
The commute times for the workers in a city are normally distributed with an unknown population mean and standard deviation. If a random sample of 27 workers is taken and results in a sample mean of 22 minutes and sample deviation of 3 minutes, find a 95% confidence interval estimate for the population mean using the student's t-distribution.
Answers
If the commute items for the workers in a city are normally distributed with an unknown population mean and standard deviation. Using the student's t distribution 95% confidence interval for the sample mean is 20.8129 and 23.1870
To calculate a 95% confidence interval.
Given Data
size n = 27 , sample mean = 22 , standard deviation = 3.
Here the 95% CI is given as,
× ± t*s/\(\sqrt{n}\)
t{(n-1),\\(\alpha\)}=t_{(27-1),0.05} = 2.056
(22± 2.056*3/\sqrt{27})
(22- 2.056*3/√27, 22+ 2.056*3/\sqrt{27})
( 22 - 1.1870 , 22 + 1.1870)
( 20.8129 , 23.187)
Thus , 95% confidence interval for sample mean is ( 20.8129 , 23.1870).
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JohnBoy Industries has a cash balance of $54,000, accounts payable of $134,000, inventory of $184,000, accounts receivable of $219,000, notes payable of $129,000, and accrued wages and taxes of $41,500. How much net working capital does the firm need to fund?
Answers
Answer:Net working capital = $152,500
Explanation:
Net working capital = CA– CL
Where CA= Current Assets = Cash + Inventory + Accounts Receivable
and CL= Current Liabilities= Account payable + Notes payable + accrued wages and taxes
CA=$54, 000 + $184,000 + $ 219,000 =$457,000
Current liabilities = Account payable + Notes payable + accrued wages and taxes
CL = $134,000 + $129,000 + $41,500 = $304,500
Net working capital = Current assets – Current liabilities
Net working capital = $457,000 – $304,500= $152,500
Net working capital = $152,500
what is the future value of a perpetuity paying $100 annually? assume an interest rate of 10% and cash flows at the end of each period? a. can not be determined b. $11,096.27 c. $1000 d. $1,438.27
Answers
a. can not be determined
As there is no end date mentioned in statement, future value can not be calculated.
What is Perpetual Annuity?
A Perpetual Annuity is an annuity with no end. It lasts forever. A fixed amount is paid with no fixed period. It is an annuity with no termination date. It is a security that pays a never-ending cash flow. Main difference between annuity and perpetuity is that an annuity has a fixed period but perpetuity does not
Therefore, a Perpetuity does not have any future value because it requires a future date specifically
A fixed payment made over a fixed length of time is known as an annuity.
Perpetuities are predetermined payments that are received in perpetuity. The specified interest rate must be compounded in order to value an annuity. The actual interest rate is used to value perpetuities.
However
Perpetuity's PV is calculated by dividing the cash flow amount by the rate of interest.
Hence, answer is Future Value can not be determined
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pls i need your help. i will literally do anything!! (15pts)
Taking a loan out from a bank is part of the ____ step of starting a new business.
A. implementing a business structure
B. creating a business plan
C. finding funding
D. conducting research
A P E X
Answers
Answer:
finding funding I got it wrong and that was the correct answer FINDING FUNDING
Taking a loan out from a bank is part of the finding funding step of starting a new business. Thus, option C is correct.
What is a loan?A loan is a mutual fund that enables a user can access a defined sum of money at the beginning of the transaction on the understanding that this quantity, with the agreed-upon interest, would be paid back within a given time frame.
Get the personal loan registration form, and fill it out with the necessary information. produce the necessary documentation The lenders will then review the paperwork and determine the applicant's creditworthiness.
Finding finance for a startup company includes taking out a loan from a financial institution. As to start a business a person may need some kind of loan amount so that they would be able to have a capital venture in the business.
Therefore, option C is the correct option.
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Benjamin obtained a loan of $22,500 at 5.5% compounded monthly.
How long (rounded up to the next payment period) would it take to
settle the loan with payments of $2,810 at the end of every
month?
Answers
It would take Benjamin 11 months to pay back the loan if he makes monthly payments of $2,810 at the end of every month.
Benjamin obtained a loan of $22,500 at 5.5% compounded monthly. He wishes to know how long it would take to pay back the loan if he makes monthly payments of $2,810. The payments are made at the end of each month. We are expected to determine the period it would take to settle the loan if the monthly payments are $2,810.
Because Benjamin is making monthly payments, the interest rate would also be calculated monthly.
Thus, we have
r = 5.5%/12 = 0.00458.
Also, the present value (PV) is $22,500, and the monthly payment (PMT) is $2,810.
We would need to determine the number of months it would take to pay back the loan. To achieve this, we would make use of the formula for the period (n) in the formula for the present value of an annuity.
The formula is given as:
n = -log(1- PV * r / PMT) / log(1+r)
=> n= -log(1- PV * r / PMT) / log(1+r)
=> n = -log(1- 22500 * 0.00458 / 2810) / log(1+0.00458)
=> n = 10.21 months,
rounded up to the next payment period ≈ 11 months.
Therefore, it would take Benjamin 11 months to pay back the loan if he makes monthly payments of $2,810 at the end of every month.
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Tell me ten different things a person would need a credit score for? WILL MARK BRAINLIEST DUE TODAY PLEASE HELP 50 POINTS
Answers
Which of the following list correctly iidentifies a few of the basic events all market economies share
Answers
Private property, freedom, self-interest, competition, minimum government intervention are the characteristics of a market economy.
Individual ownership of private property, The right to make a profit from private property and the law of supply and demand identifies a few of the basic events all market economies share.
Several fundamental principles are shared by market economies. First off, having private property as an individual gives one the freedom to possess and manage assets. Responsible resource management and investment are encouraged by this ownership. Second, one of the primary forces behind economic activity is the right to profit from private property. It promotes risk taking, innovation and entrepreneurship, which helps the economy grow.
The law of supply and demand is a foundational principle. According to this, the equilibrium between supply the amount that is readily available and demand (consumer preferences) determines the prices of goods and services. Collectively, these ideas create the framework for market economies encouraging competition, creativity and effective resource allocation.
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Which of the following list correctly identifies a few of the basic events all market economies share
Individual ownership of private property; the right to make a profit from private property; the law of supply and demand
Yvonne and Simon form Ion Corporation. Yvonne transfers equipment (basis of $188,600 and fair market value of $282,900). Simon invests $226,320 of cash. They each receive 100 shares in Ion Corporation, worth $226,320, but Yvonne also receives $56,580 in cash from Ion. Calculate Ion Corporation's basis in the equipment and determine Yvonne and Simon's basis in the Ion stock
Answers
The basis in the equipment transferred by Yvonne is $188,600, which represents the original cost of the equipment.
Ion Corporation's basis in the equipment will be the higher of the fair market value or the adjusted basis of the property in the hands of the transferor. In this case, since the fair market value of the equipment is $282,900, Ion Corporation's basis in the equipment will be $282,900.
Yvonne's basis in the Ion stock will be the total value of her investment, which includes the equipment transferred ($188,600) plus the cash received ($56,580), totaling $245,180.
Simon's basis in the Ion stock will be the total value of his investment, which is the cash contribution ($226,320).
Therefore, Yvonne's basis in the Ion stock is $245,180, and Simon's basis is $226,320.
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what are the two advantages and two disadvantages in breakevean analysis
Answers
Answer: See explanation
Explanation:
Break-even analysis tells a business about the number of products which must be sold in order to cover the costs of production.
Advantages of break even analysis include:
1. It enables a business organization to be able to measure the profit and the losses at different stages of the production and sales.
2. It is used to forecast the effect of the changes in the sales prices.
3. It also vital in analyzing the relationship that exist between the fixed cost and the variable costs.
Disadvantages of break even analysis include:
1. It assumes that the sales prices are constant at the levels of output.
2. It also assumes that both the sales and the production are the same.
3. It can be time consuming during its preparation.
Marta is interviewing candidates for a position in the Human Resources department at her company. She is deciding who to interview by going through resumés and looking at the subject areas in which each candidate studied. Which four candidates would be the best choice for Marta to interview? Ahmed, who studied mathematics and economics O Michelle, who studied psychology and physiology O Marisol, who studied communications and business Jackson who studied liberal arts and foreign languages
Answers
Answer:
all of them
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Explanation: