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Questions in business

📝 Answered - Planning for the possibility that your home might get struck by lightning and catch on fire is part of a plan for a. financing b. managing income c. managing liquidity d. protecting assets

📝 Answered - What is the actual net income for the month? What, if any, changes could have been made to the actual amounts this month to keep the actual net income at a positive value? a. The actual net income for the month is $-\$85$. Less money could have been spent on food, recreation and clothes. b. The actual net income for the month is $\$85$. No changes necessary. c. The actual net income for the month is $-\$85$. No changes necessary.

📝 Answered - Business XYZ has the following projected budget and actual budget for a given month: | | Budget | Actual | | -------- | ----------- | ----------- | | Payroll | $27,500 | $29,760 | | Inventory| $13,700 | $14,230 | | Rent | $9,200 | $9,970 | | Services | $4,600 | $5,600 | Calculate the percent change that Payroll is over budget. $\Delta \%=[?] \%$

📝 Answered - Fill in the blank: Based on the Formula for Success, thoughts and beliefs lead to actions, and _____ lead to results. A. processes B. actions C. inactions D. plans

📝 Answered - Use the trade discount system shown in the table to calculate the cost of 1560 lbs of product if the retail price is $[tex]$25[/tex] per pound. | Trade Discount | | --- | | 0-100 lbs | [tex]$0 \%$[/tex] | | 101-400 lbs | [tex]$10 \%$[/tex] | | 401+ lbs | [tex]$25 \%$[/tex] | $[?]

📝 Answered - Why might a producer compromise their integrity? Select all that apply. A. Monetary reasons B. To be an example for younger producers C. To become a leader in the community D. Peer pressure

📝 Answered - The negotiation process begins with setting an agenda for negotiation. True or False

📝 Answered - The table shows the commercial banks' balance sheet (aggregated over all the banks). The commercial banks' desired reserve ratio on all deposits is 2 percent and there is no currency drain. What is the quantity of loans and the quantity of total deposits when the banks have no excess reserves? Answer to 2 decimal places. The total quantity of loans after the banks have lent all their excess reserves is $1915.00 million. The total quantity of deposits after the banks have lent all their excess reserves is $ [ ]. Assets Reserves at the Fed 25 Cash in vault 15 Securities 45 Loans 120 Liabilities Checkable deposits 85 Savings deposits 120

📝 Answered - After an insured's death, the insurer determined that the insured misstated his age on the application for life insurance. What action will the insurer likely take in this case? A. Return the cash value to the beneficiary, minus a surrender charge B. Retain the death benefit since there was a misrepresentation C. Adjust the death benefit to the amount that the premium at the correct age would have purchased D. Pay the full death benefit since the mistake was not discovered during the underwriting process

📝 Answered - If Cloe's pay increases by 8%, and all her expenses do not change, what will be her possible savings?