Sandra, who is a licensed agent and an employee at XYZ company, is writing an insurance policy on herself and a few of her co-workers since group benefits are not currently available. In this scenario, the type of business she is considered to be conducting is: controlled business. The correct option is A.
Controlled business refers to insurance policies that are written by an agent for themselves, their family members, or close associates such as co-workers. In some jurisdictions and companies, there might be certain restrictions or regulations governing controlled business to prevent conflicts of interest or unethical practices.
In this case, Sandra is providing insurance coverage for herself and her co-workers, which falls under the category of controlled business.
To know more about business, refer here:
https://brainly.com/question/30290024#
#SPJ11
Complete question:
sandra, who is a licensed agent and an employee at xyz company, is writing an insurance policy on herself and a few of her co-workers since group benefits are currently not available. what type of business is she considered to be conducting?
a. controlled business
b. all answers are correct
c. rejected business
d. excess business
what are some of the differences between a monopolistically competitive firm and a competitive firm?
Answer:
A monopolistically competitive firm differs from a competitive firm in several ways. In a monopolistically competitive market, there are many firms that offer similar but not identical products. These firms have some control over the price of their products and can differentiate their products through pricing, marketing, and branding strategies.
In contrast, a competitive market is composed of many firms that offer identical products. These firms are price takers and have no control over the price of their products. The price is determined by the market supply and demand.
In summary, some key differences between a monopolistically competitive firm and a competitive firm are:
A monopolistically competitive firm has some control over the price of its product while a competitive firm is a price taker.
A monopolistically competitive firm differentiates its product through pricing, marketing, and branding strategies while a competitive firm offers an identical product to its competitors.
Explanation:
________ is a trading bloc consisting of 27 trading partners in europe.
The European Union (EU) is a unique political and economic partnership that currently consists of 27 member states in Europe.
What is one challenge faced by the European Union?Social inequality (36%), unemployment (32%), followed by immigration-related problems (31%), are the four most identified issues facing the European Union (EU) as a whole. The challenges facing the EU are similar to those facing the world, with 32% of respondents seeing environmental problems and climate change as major issues.
Which trading bloc consisting of 10 trading partners in Asia is?With its ten members—Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam—the Association of Southeast Asian Nations (ASEAN) is a regional organisation that seeks to foster economic and security cooperation.
To know more about European Union visit: brainly.com/question/1683533
#SPJ4
Kylee and Jamie are entrepreneurs working to develop a new charging device for cell phones. As they develop their device, they will need to work with the federal agency that sets standards to protect the public from unreasonable risk of injury. What agency will Kylee and Jamie need to work with before they can take their product to market? Explain what the agency regulates and how the agency will help them comply with relevant laws.
As Kyle and Jamie need to work with the federal agency that sets standards to protect the public from unreasonable risk of injury, the federal agency which they need to work with is the Consumer Product Safety Commission.
What is the role of Consumer Product Safety Commission?In United States, the Consumer Product Safety Commission is an independent agency of the government that seeks to promote the safety of consumer products by addressing all “unreasonable risks” of injury through coordinating recalls, evaluating products that are the subject of consumer complaints or industry reports etc.
The agency also developed an uniform safety standards and conduct research into product-related illness and injury. However, due to its small size, its attempts to coordinate with outside parties including companies and consumer advocates in order to leverage resources and expertise to achieve outcomes that advance consumer safety
Read more about CPSC
brainly.com/question/28198376
#SPJ1
Matthew is paid $14. 80 per hour. What is matthews time-and-a-half rate per hour
Matthews time-and-a-half rate per hour is $22.20.
Matthew's time-and-a-half rate per hour is calculated by taking his regular hourly rate and adding half of that rate to it.
So firstly we will divide the regular hourly rate by 2 and then add the half of it with the regular hourly rate and the amount obtained will be the Matthew's time-and-a-half rate per hour.
Matthew's regular hourly rate = $14.80
Half of Matthew's regular hourly rate = $14.80 / 2 = $7.40
Matthew's time-and-a-half rate per hour = $14.80 + $7.40 = $22.20
Therefore, Matthew's time-and-a-half rate per hour is $22.20.
To know more about hour
https://brainly.com/question/13533620
#SPJ4
which statement is not true regarding the total variable cost curve? a. the total variable cost curve increases as output increases. b. the total variable cost curve shows the variable costs of production given current factor prices. c. the total variable cost curve is a horizontal line. d. the total variable cost curve starts at the origin.
The statement that is not true regarding the total variable cost curve is "the total variable cost curve is a horizontal line ( option C).
The total variable cost (TVC) curve refers to the graphical representation of the relationship between total variable cost and output in a production process. It is constructed by plotting the total variable cost against the quantity of output. The total variable cost curve can be plotted for a single product or for multiple products produced using similar production techniques. The total variable cost curve is upward sloping, indicating that as output increases, the total variable cost increases.Therefore, the option that is not true regarding the total variable cost curve is c. the total variable cost curve is a horizontal line.
You can learn more about total variable cost curve at
https://brainly.com/question/31478892
#SPJ11
Terry took out a mortgage loan for $60,000 at an interest rate of 11% for 25 years. If Terry had not had a bankruptcy
on her credit report, her payments could have been $424.07 per month. How much is Terry paying in additional
interest over the life of the loan?
a. $49.200.00
b. $2,272.36
c. $163.00
d. $56,809.00
Answer: A. 49,200
Explanation: Took test on Edge
Based on the fact that Terry had a bankruptcy, the additional interest she will pay over the life of the loan is a. $49,000
What is the current monthly amount Terry pays?This can be found by the formula:
Loan amount = Amount paid x ( 1 - ( 1 + rate) ^-number of periods) / rate
Rate is: Number of periods
= 11% / 12 months = 25 x 12
= 11/12% = 300 months
Amount is:
60,000 = Amount x ( 1 - ( 1 + 11/12%)⁻³⁰⁰) / 11/12%
60,000 = Amount x 102.029043745
Amount = 60,000 / 102.029043745
= $588.07
What is the additional interest Terry will pay?= (Amount Terry pays now - Amount Terry would have paid) x 300 months
= (588.07 - 424.07) x 300
= $49,200
Find out more on loan payments at https://brainly.com/question/25658911.
What happens if you only make the minimum payment on your credit card statement?
Offering only the minimum payment keeps you in debt longer and racks up interest charges. It can also put your credit score at risk.
a bank promises to pay 5.5% pa compound interest on deposits of £2337 if saved for 3 years. how much will the savings be worth at the end of the period mentioned? write your answer correct to 2 decimal places.
Answer:
£2,744.20
Explanation:
savings amounts after 3 years can be calculated using the formula below.
A = P x ( 1 + r) ^ n
Where A is the amount after three years
P = principal amounts: £2337
r: interest rate: 5.5% or 0.055
n is the number of periods: 3 years
A =£2337 x( 1 + 0.055)^3
A =£2337 x(1.055) ^3
A=£2337 x 1.174241
£2,744.20
Amount after 3 years will be £2744.20
Antwaun wants to set aside 12% of his budget towards food. If his net pay* is $4000, how much money will he have set aside for food?.
Antwaun will have $480 set aside for food if his net pay is $4000. This is calculated by multiplying the net pay by 12%, which is 0.12. 4000 x 0.12 = 480.
What do you mean by net pay?
Net pay is the final amount of money the employee receives after taxes and other deductions are taken out. Net pay is also referred to as the “take-home pay” and is usually received in the form of a paycheck, direct deposit, or cash. Other deductions that may be taken out of a person’s gross pay are state and federal taxes, Social Security taxes, Medicare taxes, contributions to retirement accounts, charity donations, and health insurance premiums. In addition to these deductions, an employer may also withhold money for unpaid vacation days, sick days, and other forms of compensation.
So, The required answer is $480.
To learn more about net pay:
https://brainly.com/question/4356180
#SPJ4
Jamara has started a home party business that hosts parties and those attending paint signs. Jamara must pay $500 a year to be a representative for Paint A Sign. In addition, Jamara buys all the materials for the parties, including the metal base, the paints, brushes, stencils, and transfers. Currently, these items all add up to $10 on average. Jamara charges each participant $25 for each sign they make. For Jamara's Paint A Sign business, the $500 is a fixed cost per year. Which of the following is true?
Answers:
a. Jamara will pay the Paint A Sign company $500 regardless of the number of parties she hosts.
b. Jamara will lose money if she has less than 100 participants a year.
c. Jamara's annual fixed costs will be higher than her variable costs regardless of the number of participants.
d. Jamara will have to pay Paint A Sign $500 for every party she hosts.
Answer:
The correct answer is A. Jamara will pay the Paint A Sign company $500 regardless of the number of parties she hosts.
Explanation:
Since Jamara has started a home party business that hosts parties and those attending paint signs, and she must pay $ 500 a year to be a representative for Paint A Sign, and in addition, Jamara buys all the materials for the parties, including the metal base, the paints, brushes, stencils, and transfers, and currently, these items all add up to $ 10 on average, and Jamara charges each participant $ 25 for each sign they make, and for Jamara's Paint A Sign business, the $ 500 is a fixed cost per year, to determine which of the options is true, the following calculations must be performed:
500 = fixed costs
(100 x 25) - 10 x 100 - 500
2500 - 1000 - 500 = 1000
Therefore, since $ 500 is annual fixed costs regardless of the number of parties that are held, Option A is correct.
Indicate whether the following events would cause an "increase or a decrease in demandLOADING..." or an "increase or a decrease in the quantity demanded" for cable-based Internet access service, which is a normal good. a. Firms providing wireless (an alternative to cable) Internet access services reduce their prices. This will cause a(n) A. increase in demand. B. increase in quantity demanded. C. decrease in demand.
Answer:
A. increase in demand.
Explanation:
In this specific scenario, a reduction in the prices of these services would cause an increase in demand. This is because the prices will become very competitive to those already in the market, which will ultimately entice customers to want the service as they will be saving a large percentage of money and still acquire the internet services that they require.
If you have to decide to claim a credit or deduction on
your taxes which should you take?
Answer:
Form 1040
Explanation:
To claim a credit or deduction on my tax, i will fill Form 1040.
What is Tax credits and deductions?Tax credits and deductions can alter the amount of tax that someone is owing so one can pay less.
The Deductions can reduce the amount of one's income however, to claim it , one needs to fill form 1040 which is used to file an annual income tax return.
Learn more about deduction at;
https://brainly.com/question/17395659
The bank can advance 65 to 80 percent of the value as soon as the goods are shipped.
Real estate
Insurance policies
Accounts receivable
Equipment
The correct answer is Accounts receivable. Accounts receivable is the asset that the bank can advance 65 to 80 percent of the value as soon as the goods are shipped.
Accounts receivable refers to the money owed to a company by its customers for goods or services that have been delivered but not yet paid for. It represents a company's right to receive payment for its sales on credit.
Banks and financial institutions offer financing options called accounts receivable financing or factoring, where they provide funds to businesses by purchasing their accounts receivable at a discounted rate. The bank advances a percentage of the accounts receivable value, typically ranging from 65 to 80 percent, depending on the creditworthiness of the customers and the quality of the receivables.
This allows businesses to access immediate cash flow and working capital based on the value of their outstanding invoices. The remaining percentage, minus a financing fee or discount, is paid to the business once the customers settle their invoices. Accounts receivable financing can be a valuable tool for businesses to manage cash flow and meet their immediate financial needs.
Learn more about discounted rates here:- brainly.com/question/13660799
#SPJ11
Putting money into more than one kind of investment at a time is called liquidity. sunken cost. diversification. compound interest.
Answer:
diversification
Putting money into more than one kind of investment at a time is called diversification.
What is diversification?Diversification is the process of investing in diverse opportunities so as to reduce non-systemic risks. For example, if a person buys the stock of a health care company, in order to diversify, the person might invest in the stocks of an automobile company.
To learn more about diversification, please check: https://brainly.com/question/13162759
Type the correct answer in the box. Spell all words correctly.
Identify the type of marketing strategy based on the given scenario.
A premium watch manufacturing company decides to increase its sales by having a famous lead actor of a highly anticipated upcoming Hollywood movie wear their watch.
This marketing method is called _____.
Answer:Celebrity endorsement
Explanation:
What kind of a credit card can customers with a bad credit history get?
A. One that has a low cash advance fee
B. One with a low annual percentage rate
C. One that's secured by collateral
D. One with no annual fee
Answer:
it’s c
Explanation:
just took the test
List one type of appropriate workplace verbal communication
Answer:
Explanation:
Call centers are the appropriate workplace verbal communication
Smedley, a careful utility maximizer, consumes peanut butter and ice cream. Assume that both peanut butter and ice cream are normal goods. Right after he achieves the utility-maximizing level of consumption of the two goods, the price of ice cream increases. To adjust to this event, he consumes _____ peanut butter and _____ ice cream.
Considering the situation described above, to adjust to this event, he consumes more peanut butter and less ice cream.
This is because the price of the ice cream has increases, thereby following the law of demand and supply, which means the higher the price, the lower the demand.
Similarly, since the price of peanut butter remains the same, it is expected that Smedley would consume more of it.
Hence, in this case, it is concluded that the correct answer is more and less, respectively.
Learn more here: https://brainly.com/question/19151286
duties of an office clerk
Answer and Explanation:
The office clerk is the person who is maintaining the setting of an office i.e answering the call of the customers or clients, documents filing, data entry, etc. In brief, it is described below
The duties of an office clerk are shown below:-
1. Reply calls and happily welcome customers.
2. Assist in reporting obligations.
3. critical roles in bookkeeping.
4. Compile financial statements.
5. Needs to call to suitable people for redirect.
6. Respond to business enquirers.
7. Aid coordinate events within the workplace.
on september 1, the board of directors of colorado outfitters, incorporated, declares and issues a stock dividend on its 29,000, $20 par, common shares. the market price of the common stock is $49 on this date.
The necessary journal entries assuming a small (10%) stock dividend will be Dr Stock Dividends - 142,100 (29,000 x .10 x 49), Cr Common stock-58,000 (29,000 x .10 x 20) and Additional paid in capital-84,100.
All shares used to divide ownership of a company or business constitute shares in the financial world. A share represents a share of shares in the company based on the total number of shares. This typically entitles the shareholder to a percentage of the company's revenue, proceeds from the sale of the company's assets, or voting rights, regularly distributing these items in proportion to the amount each shareholder receives Large contributions.
Not all shared classes are created equal; some may have advanced, unrestricted voting rights or specific preferences for profit or liquidation before or after other types of shareholders.
The above question is incomplete, the complete question is-
On September 1, the board of directors of Colorado Outfitters, Inc., declares a stock dividend on its 29,000, $20 par, common shares. The market price of the common stock is $49 on this date.
Required:
1. 2. & 3. Record the necessary journal entries assuming a small (10%) stock dividend,
To know more about Stock here-
https://brainly.com/question/28235296
#SPJ4
5. What is one benefit of having a career as opposed to a job?
A:advancement
B:money
C :ability to pay bills
D :extra education
Answer:
the answer is A: advancement
Explanation:
I took the quiz and got 100% and the only other one that make sense is money but you get money from a job
(e) Recommend two ways in which communication could be improved in a large
organisation. Justify your recommendations.
Way 1:
Way 2:
Give suggestions I will write analysis and conclusion
The recommended ways to improve communication are given below:
The RecommendationsWay 1: Implement a centralized communication platform such as Slack or Microsoft Teams to improve collaboration and facilitate real-time communication across different teams and departments. This would enable employees to quickly and easily share information, documents, and updates, leading to increased productivity and more efficient decision-making.
Way 2: Conduct regular town hall meetings or all-hands meetings, where senior leaders can address the entire organization, provide updates on business goals and priorities, and answer questions from employees. This would help improve transparency and ensure that everyone is aligned on company goals and objectives, leading to greater engagement and job satisfaction.
Read more about communication here:
https://brainly.com/question/26152499
#SPJ1
Joe and Janice run an accounting firm. The firm receives $5,000,000 as income from its services. It pays an annual rent for office premises amounting to $240,000. The salary paid to staff amounted to $100,000. Other operating expenses added up to $24,000. What is the net income earned by their business? The total expenses of the accounting firm amounted to $ . Thus, the net income earned by the business is $ .
Answer:
Expenses: $364,000.00
Net income : $4,636,000.00
Explanation:
The total expenses will be the sum of
Rent $240,00.00
Salaries $100,000.00
Operating expenses $24,000.00
Total expenses $364,000.00
Net income is the total revenue - total expenses
=$5,000,000.00 - $364,000.00
=$4,636,000.00
“The needs of a society conflict with the goals of the financial services industry’s desire to make a profit.” Do you agree or disagree?
Answer:
I do not agree that "the needs of a society conflict with the goals of the financial services industry's desire to make a profit", but on the contrary, I consider that the economic objectives of the financial system contribute to the well-being of the individuals that make up society, with which they satisfy the needs of this in an indirect way.
I believe this because the financial system, through its will to profit, creates jobs and economic opportunities for individuals, who would otherwise be forced to meet their needs without the help of a system designed to profit as a result of work done (such as communism).
_____________are expenses incurred when a customer stops buying a product or service from one business and starts buying it from another.
Answer:
Switching cost
Explanation:
Switching costs are the costs when the consumer paid for switching the brands or products. It can be in terms of effort based, time based, etc
It can employ the high switching cost in order to protect the customers from shifting to the another brand
Therefore the switching cost should be considered
Which function identifies prospects in the marketplace, works with research and development to create products, develops promotion strategies, and establishes prices?
The function that identifies prospects in the marketplace, works with research and development to create products, develops promotion strategies and establishes prices is known as Marketing.
What is Marketing?It refers to the process of creating, distributing, pricing and promoting goods, services in order to facilitate satisfying exchange relationships with customers and develop and maintain favorable relationships with stakeholders in a dynamic environment.
Read more about Marketing
brainly.com/question/25369230
#SPJ1
why will the wages for apple pickers increase?
Answer:An increase in the demand for apples increases the demand for the labor force also increasing the prices for the apples. This results in an increase in wage for apple pickers due to work increment.
Explanation:pls braliant my answer
you tour a company and notice that employees all seem to have a common goal and understanding of procedures. what would be the contributing factor for this? responses action plan action plan strategies strategies organizational structure organizational structure safety manuel
As you visit a firm, you note that all of the staff appear to have a single goal or objective and a grasp of how things are done. The contributing factor for this might be proper action plan strategies.
The correct option is A.
Setting goals, agreeing on steps to accomplish those goals, and mobilising the resources required to carry out those activities are all parts of strategic planning. A strategic plan outlines the methods and resources that will be employed to accomplish those objectives.
Planning, legislation, neighbourhood norms, incentives, and educational options are examples of action strategies.
A detailed strategy that lays out the measures to follow in order to achieve one or more goals is known as an action plan.
To learn more about action plan strategies, refer
https://brainly.com/question/29986462
#SPJ4
Answer:
action plan
Explanation:
because the guy above said so and he has an expert verified answer
Which targeting option is best for influencing consideration?.
Answer:
Custom Intent targeting option is best for influencing consideration.
Are savings account and deposit account the same thing?