If you are planning to have a 20 – year length of life insurance with the amount of $250000, then you will have an annual cost of $42.58. This rate is based on the premium rates of most of the life insurance carrier. The amount will also matter if you are healthy or has already several records of illness.
When auditing an entity's financial statements in accordance with government auditing standards (the yellow book), an auditor is required to report on:?
(bounds of the firm) ashland oil, inc., buys its crude oil in the market. larger oil refiners, such as texaco, drill for their own crude oil. why do some oil companies drill for their own crude oil and others buy crude oil in the market?
Some oil companies drill for their own crude oil to control their supply and potentially lower long-term costs, while others purchase it on the market for flexibility and short-term cost advantages. Factors influencing this decision include logistics, strategic preferences, risk tolerance, economic considerations, and historical industry consolidation examples like John D. Rockefeller's Standard Oil.
Explanation:The question explores why some oil companies choose to drill for their own crude oil while others purchase it on the market. This decision largely depends on corporate strategies and competitive advantages. Companies like Texaco drill their own oil to have greater control over their supply chain and potentially lower costs in the long run, as they can avoid market price fluctuations. However, drilling is also a significant investment with its own risks and costs. Companies like Ashland Oil, Inc. may instead purchase oil on the market to avoid those investments and risks, leveraging flexibility in sourcing and capitalizing on potential cost advantages in the short-term market.
An important historical example is John D. Rockefeller's Standard Oil, which consolidated much of the oil industry, gaining a competitive advantage through economies of scale and vertical integration. However, the oil drilling market today is competitive, with many suppliers and relatively free entry and exit, suggesting that companies have a range of strategic options available to them.
Moreover, oil companies must consider logistical factors, like the proximity of wells to refineries, as well as economic and operational constraints, like optimizing refinery throughput and the mix of crude oil with manufactured products to maximize profits. The oil industry is also subject to external factors, such as political stability in oil-producing regions, which can affect the availability and price of crude oil, further influencing a company's decision to drill or buy.
Dc construction has two divisions: remodeling and new home construction. each division has an on-site supervisor who is paid a salary of $69,000 annually and one salaried estimator who is paid $49,500 annually. the corporate office has two office administrative assistants who are paid salaries of $56,250 and $36,000 annually. the president's salary is $184,500. how much of these salaries are common fixed expenses?
The administrative model was developed to explain
Monthly payments on an amortizing mortgage note payable typically build equity in real estate in an amount equal to
During a group meeting, pat questions the feasibility and logic of the solution that the group plans to propose. pat is performing the role of blocker.
a. True
b. False
Between two major currencies, the spot exchange rate is the rate ________ and the forward exchange rate is the rate ________.
To be effective issuing and investing in bonds knowledge of their terminology, characteristics, and features is essential the contract that describes the term of a borrowing arrangement between a firm that sells a bond issue and the investors who purchase the bonds is called
In a deposits-only monetary system (people hold no currency) with a 5% required reserve ratio, a bank deposit of $1,000 will increase the total value of the money supply by:
Though the profits accrue to the local capitalists, a system of nationally controlled production still depends on __________.
In calculating the bank discount when discounting an interest bearing note, which one of the following is not used in calculation? A. Bank discount rate
B. Maturity value
C. Principal proceeds
D. Discount period
The correct choice is "C. Principal Proceeds". This answer is 100% correct
Cory knows how to use spreadsheet software to create reports that his managers find useful. this ability indicates cory's
When companies use the logic of ethical relativism to behave any way they please, this is known as
a. proscriptive ethical management.
b. prescriptive ethical management.
c. convenient relativism.
d. universal ethics applications?
Squire corporation charged job 110 withâ $13,400 of direct materials andâ $11,900 of direct labor. allocation for manufacturing overhead isâ 75% of direct labor costs. what is the total cost of jobâ 110?
a. â$8,925
b. â$41,167
c. â$34,225
d. â$25,300
Pods changed from a sole proprietorship to a corporation. what would be a major reason for making this ownership change?
The ownership change from a sole proprietorship to a corporation is often motivated by limited liability and efficient fund-raising. Shareholders have limited personal financial risk and corporations can easily raise capital through issuing stocks or bonds. This allows for greater financial security and potential growth.
Explanation:PODs changing from a sole proprietorship to a corporation may be primarily driven by the benefit of limited liability. In a sole proprietorship, the owner is personally responsible for all the company's debts, while in a corporation, the owners or shareholders have limited liability for the company's debts. Essentially, the financial responsibility of the shareholders is restricted to the amount they have invested in the company. This limits their personal financial risk.
Another reason could be the ability to raise funds more efficiently. Corporations can raise capital for business expansion or investments by issuing stocks or bonds, which is a simpler method of raising funds compared to sole proprietorships. Owners of a corporation can also benefit from shared profits in the form of dividends. Thus, the shift to a corporation can offer financial protection and opportunities for growth.
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Last month peggy company had a $22,080 profit on sales of $286,900. fixed costs are $92,680 a month. what sales revenue is needed for peggy to break even? (
Management at hottie potatee, a nationwide potato bar chain, believes that its customers value a predictable and consistent level of service and quality. when customers stop at one of its potato bar chain restaurants anywhere in the united states, they should know what to expect in terms of menu, price and quality. in order to maintain this consistency, hottie potatee adopted a(n) ______ structure.
Grapes are an input in the production of wine, and wine and red meat are complements. a decrease in the price of grapes will _________ the total surplus in the market for red meat.
A decrease in the price of grapes, which are used in wine production, can decrease the price of wine and increase the demand for its complements— like red meat. Consequently, this will increase the total surplus in the market for red meat.
Explanation:In economic theory, the term total surplus refers to the sum of consumer and producer surplus in a market. When the price of grapes, a key input in the production of wine, drops, this typically means that the cost of producing wine also decreases. This cost reduction can lead to a decrease in the price of wine, increasing the demand for its complements— in this case, red meat. Therefore, a decrease in the price of grapes will increase the total surplus in the market for red meat.
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Which agency is responsible for regulating the state boating laws in new york?
The New York State Office of Parks, Recreation and Historic Preservation is the agency that controls boating laws in New York. They enforce regulations, issue boat registrations, award safety certificates, set construction and maintenance standards, establish navigation rules, and do safety inspections.
Explanation:In New York, the agency responsible for regulating the state boating laws is the New York State Office of Parks, Recreation and Historic Preservation. This agency enforces boating rules and regulations to ensure safety on water bodies. They issue boat registrations and provide boater safety certificates. They also set standards for boat construction and maintenance, establish navigation rules, and conduct safety inspections.
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In New York, the agency entrusted with regulating state boating laws is the Division of Boating and Waterways, a part of the New York State Office of Parks, Recreation, and Historic Preservation (OPRHP).
This division oversees boating safety measures, enforces regulations, issues licenses, and manages waterway resources across the state.
It plays a pivotal role in ensuring safe and responsible boating practices, promoting environmental conservation, and safeguarding the well-being of both boaters and the aquatic ecosystem.
Hence, the final answer is the Division of Boating and Waterways, under the jurisdiction of the New York State Office of Parks, Recreation, and Historic Preservation (OPRHP).
Is considering purchasing a water park in charlotte, north carolinaâ, for $2,000,000. the new facility will generate annual net cash inflows of $520,000 for ten years. engineers estimate that the facility will remain useful for ten years and have no residual value. the company usesâ straight-line depreciation. its owners want payback in less than five years and an arr of 12â% or more. management uses a 14â% hurdle rate on investments of this nature?
The profile of five partnerships firms
What percentage of paul santiago’s gross income goes toward his dental coverage? santiago’s gross income is $1,423.00 and his dental is $55.85 which makes the gross income that goes towards his dental is?
On Michigan state waters, which power-driven vessels are required to carry a whistle on board?
All power-driven vessels are required to carry a whistle on board when operating on Michigan state waters.
According to the Michigan state boating laws and regulations, all power-driven vessels, regardless of their size or type of propulsion, must be equipped with an efficient sound-producing device, such as a whistle or horn. This requirement is in place to ensure that vessels can signal their presence or intentions to other boaters, especially in situations where visibility is limited. The sound-producing device must be capable of a continuous sound for at least 4-6 seconds and must be audible for at least one-half mile. This is in compliance with the U.S. Coast Guard's Inland Navigation Rules and is essential for maintaining safety and order on the waterways.
If we do not pay our student loans, then our credit score will be ruined. we will not pay our loans. therefore, our credit score is going to be ruined.
Sometimes a company uses a(n) ____, which allows customers or suppliers to access part of its intranet.
You buy a stock for which you expect to receive an annual dividend of $2.10 for the fifteen years that you plan on holding it. after 15 years, you expect to sell the stock for $32.25. what is the present value of a share for this company if you want a 10% return
Subsidizing medical services through medicare
a. makes medical services available to a large percentage of the? population, who otherwise could not afford them.
b. drives a wedge between the price received by providers and the price perceived by consumers.
c. is a relatively low percentage of u.s. gdp compared to other nations.
d. all of the above are true.
e. only a and b are true.
Medicare makes medical services more accessible and can cause price disparity between providers and consumers. However, it's not accurate to say Medicare is a low percentage of US GDP compared to other nations. Only statements 'a' and 'b' are true.
Explanation:Subsidizing medical services through Medicare does indeed make medical services available to a larger population, particularly those who otherwise could not afford them, which aligns with statement 'a' in the student's question.
Also, as per statement 'b', it can contribute to a disparity between the price received by providers and the price perceived by consumers. This happens because consumers might not feel the full cost of the care due to the assistance from Medicare.
However, statement 'c' is not entirely correct. While healthcare expenses do represent a significant portion of the U.S. GDP, this is not exclusive to Medicare subsidies, but rather includes all facets of healthcare expenditure. Moreover, the U.S. spends more on healthcare as a percentage of GDP than most other nations.
So, the correct answer is 'e'. Only statements 'a' and 'b' are true.
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Medicare subsidies help make medical services more available to a larger population, creating a discrepancy between the perceived pricing and received pricing. However, the U.S. spends a high percentage of its GDP on health compared to other nations.
Explanation:The correct answer to your question appears to be 'e. only a and b are true'. Subsidizing medical services through Medicare does indeed make these services more accessible to a larger percentage of the population, as options a and e suggest. This is especially true for those who may not afford them otherwise. This is also what option 'b' suggests, as subsidies can introduce a discrepancy between the price consumers perceive and the price providers receive. However, option 'c' is not accurate. The U.S. actually spends a high percentage of its GDP on healthcare when compared to other nations, not a low percentage as stated.
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Small teams perform better than large ones because: members exchange more opinions. members do not feel like a part of the group. there is lower motivation. fewer questions are asked.
The reason why small teams perform better than large ones is because of the first option, members exchange more opinions, it is because in large groups, there are a lot of people in the group which is hard to communicate and to exchange more opinions as the group is large and could cause misunderstanding. But when in small groups, it is much easier to exchange opinions as they are only small in size, making it easier to communicate and to understand each other compared to a large group who are comprised of many individuals, causing unclear conversations and misunderstandings when not handled properly. Other options does not correspond to the question as it does not explain why small teams perform better than large groups.
There are five major league baseball markets with more than one team. so far this season, the average combined attendance for the chicago cubs and the chicago white sox ranks lowest. before conducting any marketing research to explain low attendance figures, the teams will need to:
Before conducting marketing research, the teams need to consider the historical context of baseball, the threshold populations, and the patterns of fandom that influence attendance.
Explanation:Before conducting any marketing research to explain low attendance figures for the Chicago Cubs and the Chicago White Sox, the baseball teams need to understand several historical and social factors affecting fan behavior and attendance. Firstly, they must recognize how professional baseball started as an inexpensive form of entertainment that helped immigrants and Americans form a unified civic identity. The complex historical context including scandals such as the 1919 Black Sox Scandal, the segregation in sports leading to the Negro Leagues' popularity, and the differing patterns of fandom in various sports all contribute to current attendance levels.
Additionally, understanding the threshold population needed for a major league baseball franchise and the sports' significance as a social unifier, alongside factors like team success, rivalry games, and player salaries should be factored into their research. Fandom, especially in baseball, has shown to spread through contagious diffusion rather than strictly geographical loyalty, which can also influence attendance.
In 2007, five or six major pharmaceutical companies formed a group in order to control the price of vitamins and adjust their production. such an arrangement is called a ________.