south beach apparel issued 15,000 shares of $4 par value stock for $20 per share. what is true about the journal entry to record the issuance?

Answers

Answer 1

Credit A.P.I.C. for $40,000 is true about the journal entry to record the issuance.

What is journal ?A journal refers to a scientific publication that contains articles written by researchers, professors, and other professionals. A journal focuses on a particular field or area of ​​research.Unlike newspapers and magazines, journals are aimed at an academic or technical audience rather than the general readership.Personal records of events, experiences, and reflections kept regularly. diary. A journal is used to collect your ideas and observations on number of things and put the happenings of each day into writing. In this way, someone is able to better remember what they did, what they thought, and what was happening when they were younger. A journal is a record of raw business transactions recorded in chronological order by date. The first place where transactions are recorded. The amounts are then posted to the appropriate accounts, such as customer cash accounts, or asset accounts., cash accounts, or asset accounts.

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Related Questions

Is the price at which demand for a commodity is equal to its supply Mcq?

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The price at which both the quantity demanded and the quantity provided are equal is known as the equilibrium price.

Economic equilibrium is the state in which supply and demand are balanced and economic variable values remain constant in the absence of outside forces. Equilibrium, for instance, happens when the quantity demanded and the quantity given are equal, according to the traditional text on perfect competition. When a market price is set through competition and the quantity of goods or services demanded by buyers and the quantity of goods or services offered by sellers are equal, the market is said to be in equilibrium. This price, which is sometimes referred to as the competitive price or market clearing price, tends to remain constant aside from changes in supply or demand. The quantity is known as a "competitive quantity."

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Glenda selects express shipping for her purchase and the company bills her credit card $91. 86 for the total of the online purchase. Determine if glenda has been billed correctly for her purchase.

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Glenda has been billed incorrectly. She has been over-charged by $3.40 for her purchase (C).  

Before we decide whether Glenda has been billed correctly or not, we need to find the total amount of Glenda's purchase:

Products                Units        Price per unit    Total price

Picture frames          4                 $12.95             $51.8

Mats                          4                 $5.89               $23.56

Total purchase         8                                          $75.36

Tax                                                                          4.89 +

Total purchasse (inc. tax)                                    $80.26

Based on the total purchase of Glenda, the company should chaged Glenda on rate of $8.20 for express shipping. Hence, the total invoice of Glenda should be:

Total invoice = Total purchase (inc. tax) + delivery cost

Total invoice = $80.26 + $8.20

Total invoice = $88.46

Glenda has been over charged by:

Over-charged = Glenda's bill - Total invoice

Over-charged = $91.86 - $88.46

Over-charged = $3.40

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Complete Question:

Glenda makes an online purchase of 4 picture frames for $12.95 each and 4 mats for $5.89 each. The site says that taxes paid by the customer are 6.5% of the total purchase price. Shipping charges are based on the following table:

Amount of purchase   Standard Shipping   Express Shipping

      up to $50                          $5.10                      $7.00

      $50-$100                          $6.35                     $8.20

     $100-$200                        $7.80                     $11.60

   $200 and over                   $10.50                    $16.45

Glenda selects express shipping for her puchase and the company bills her credit card $91.86 for the total of the online purchase. Determine if Glenda has been billed correctly for her purchase.

a. Glenda hass been billed correctly

b. Glenda has not been charged enough for her purchase

c. Glenda has been over changed by $3.40 for her purchase

d. Glenda has been over charged by $3.80 for her purchase

Assuming you have a tcf free student checking account, which fee would end up costing you extra money?

Answers

The fee which would end up costing me more money is the Out-of-network ATM fee. Therefore, option (a) is the correct answer.

TCF Bank, a Sioux Falls, South Dakota-based financial institution established in 1923, provides TCF Free Student Checking. In 50 states (and Washington, DC), TCF Free Student Checking is accessible.

There are no monthly account fees for this account. In-network ATM withdrawals from TCF free student checking are free, but withdrawals from ATMs outside of the TCF free student checking network incur a fee of up to $3. The minimal opening deposit for the TCF free student checking account is $25. TCF free student Checking account keeps an eye on transactions for anything that can be considered inappropriate, as when a debit card is abruptly used somewhere else or you make a sudden flurry of expensive purchases. Additionally, there are no overdraft fees associated with the TCF free student checking account. Overdraft protection is available for a fee of $10 per transaction.

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Complete question:

Assuming you have a tcf free student checking account, which fee would end up costing you extra money?

a. Out-of-network ATM Fee

b. Monthly maintenance fee

c. Paper statements fee

d. Account closing fee

when exchange rates are defined as foreign currency per dollar and foreign goods per us goods, the ability to profit by purchasing wheat in the united states and selling it in china implies that the

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The opportunity to make money by buying wheat in the US and selling it in China suggests that the nominal exchange rate would rise when exchange rates are defined as foreign currency per dollar and foreign products per us goods.The correct option is b.

The nominal effective exchange rate (NEER), which measures the nominal worth of one country's currency in relation to a basket of several foreign currencies, is a weighted average exchange rate. The nominal exchange rate is the amount of domestic money needed to purchase foreign currency.A country's capacity to compete internationally in the foreign exchange (forex) market is gauged by the NEER. By forex dealers, the NEER is also referred to as the trade-weighted currency index.The difference between the inflation rates in the home nation and its trading partners may be taken into account when calculating the NEER. The real effective exchange rate is the name given to the final figure.

when exchange rates are defined as foreign currency per dollar and foreign goods per us goods, the ability to profit by purchasing wheat in the united states and selling it in china implies that the a. nominal exchange rate is less than 1. b. nominal exchange rate is greater than 1. c. real exchange rate is greater than 1. d. real exchange rate is less than 1.?

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which of the following is not legislation related to unions? a. the fair labor standards act b. the wagner act c. the taft hartley act d. the landrum-griffin act

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The Wagner Act is not a piece of legislation affecting unions. b. IS THE Answer

What did the Wagner Act serve to accomplish?

The Wagner Act's main goal was to make it lawful for most workers to join unions and engage in collective bargaining with their supervisors. Additionally, it outlawed unfair employment practices by employers.

The Wagner Act bears the name of Democratic U.S. Senator Robert F. Wagner, a key figure in the development of the contemporary welfare state and a Social Security Act sponsor.

What did the Wagner Act entail and how did it work?

An illustration of the Wagner Act IT required employers to engage in unionisation with unions chosen by a majority of the workers in a suitable union contract, and it granted individuals the right to create and join unions within Section 7.

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what approach would you choose to solve problems most commonly associated with a lack of specialization for employees?

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According to the approach would you choose to solve problems most commonly associated with a lack of specialization for employees was  I would decentralize my company.

What do you mean by the decentralization of company?

When everyday operations and decision-making authority are transferred from top management to middle- and lower-level managers and occasionally even team members this is known as decentralization in business.

Decentralization is a type of organizational structure in which the top management delegated power to the middle and lower levels of management in an organization.

As a result, top management has more time to focus on making important decisions. Decentralization is frequently felt to be necessary by business organizations in order to maintain operational efficiency.

Therefore, according  to the approach would you choose to solve problems most commonly associated with a lack of specialization for employees was  I would decentralize my company.

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true or false: the methods used for valuing an acquisition candidate are different from those used to determine the value of a merger candidate.

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The methods used for valuing an acquisition candidate are different from those used to determine the value of a merger candidate is a false statement.


What is a merger?

Financial transactions known as mergers as well as acquisitions occur when the ownership of one corporation institution is moved to, or combined with, another “organizational organization. Both businesses, which are comparable in size and breadth, are expected to benefit from the deal.

The business owner should evaluate the franchise's potential profits. Managing values, objectives, and skills all at once is a challenge for the strategist. You must examine each of these elements in order to develop and implement a good project and comprehend how your company can produce and sustain value.

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ford recently mandated higher quality standards for all of the parts that it buys from suppliers. this is an example of which major component of a total quality management strategy?

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Ford recently mandated higher quality standards for all of the parts that it buys from suppliers. this is an example of  material component of a total quality management strategy.

Quality management ensures that an organization, product or service will function properly over time. He consists of four main components of quality planning, quality assurance, quality control and quality improvement. Quality management focuses not only on the quality of products and services, but also on the means by which they are achieved.

In most cases, the organization's quality department plans, measures, analyzes, and reports on quality. This is a staff function that supports other departments to improve products and services on a daily basis.

One of the main objectives of a quality management system is to improve the quality of a company's products or services. The quality of such systems consists of three elements: high accuracy, compliance with applicable standards and high customer satisfaction.

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in the malthusian model, if the current level of consumption per capita, , is larger than the steady-state level of consumption per capita, what happens to the population in the short run.

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We first present a Malthusian model that Lee investigated in order to introduce the theory of nonstable population dynamics (1974). Take into consideration a framework of overlapping Malthusian model in which each person lives for one or two periods.

If the child survival rate is l and the number of children born during period t is Bt, then Nt=l. Bt−1. The reduced form of the two equations above can be combined as follows: Bt is equal to h(Bt), where h(Bt)g(f(l. Bt−1)).l. Bt−1. The dynamic pattern and the possibility of cyclicity can be examined using the above expression, which is a recursive equation of Bt. In this context, the Malthusian model is interpreted as a density dependency model in which the density is defined by the number of births in the preceding period. It turns out that, contrary to Malthus's prediction, the above Malthusian model may not converge to a "dismal" steady state. The Bt series can be cyclic, converge, or diverge mathematically, and the feedback elasticity of h( is a crucial factor in determining the volatility of the birth series Bt.) in relation to Bt1 At the point when this versatility is adequately enormous, the Bt series can without much of a stretch have cycles. This is the classic example of a population that is not stable. After introducing the general population structure, we will talk about modern versions of nonstable populations.

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When revenue is greater than total expenses, resulting in a net income, the income summary account has a?

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When revenue is greater than total expenses, resulting in a net income, the income summary account has a credit balance.

A credit balance to your billing assertion is an quantity that the cardboard issuer owes you. Credit are introduced in your account on every occasion you're making a payment. A credit score might be brought whilst you return some thing you acquire together with your credit score card.

A credit score stability is the ending overall in an account, which means either a high-quality or bad amount, relying at the situation. A credit balance applies to the following situations: A positive stability in a bank account. the whole quantity owed on a credit card.

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during the turmoil in the market for subprime mortgages in 2007 and 2008, the fed increased the volume of discount loans. the goal of the fed was to

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During the turmoil in the market for subprime mortgages in 2007 and 2008, the Fed increased the volume of discount loans. The goal of the Fed was to reassure financial markets and promote financial stability.

What actions did the Fed take during the turmoil of 2007 and 2008?

The Federal Reserve’s response to the crisis of 2007 and 2008 evolved and took several nontraditional avenues. Initially, the Fed employed traditional policy actions by reducing the federal funds rate from 5.25 per cent in September 2007 to a range of 0-0.25 per cent in December 2008, with much of the reduction occurring from January to March 2008 and in September to December 2008. The sharp reduction in those periods reflected a marked downgrade in the economic outlook and the increased downside risks to both output and inflation which includes the risk of deflation.

In addition to its forward guidance, the Fed pursued two other types of nontraditional policy actions during the Great Recession.

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Which of these describe groups or pairs of projects where you can accept one but not all?
Group of answer choices
Mutually exclusive.
Normal.
Independent.
Contingent.

Answers

Mutually exclusive projects where you can accept one but not all.

A project is a sequence of tasks that want to be finished to reach a specific final result. A task also can be defined as a fixed of inputs and outputs required to acquire a particular purpose. Projects can vary from easy to complicated and can be controlled by one person or one hundred.

The project manner approaches a technique as a unique movement and represents the entire task implementation and the inner tactics within the challenge. Work instructions, system strategies, community plans, and equipment also are taken into consideration.

One of the most apparent–and essential– steps of a venture plan is defining your assignment dreams.

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the price of coffee beans use to make coffee has decreased. at the same time, the price of cream has increased. given these two effects, what will happen to the current equilibrium quantity and price of coffee?

Answers

one more people will be able to buy coffee since it has decreased and that could probably be any brand of coffee
for the cream most likely people will be fine without it or they’ll just buy a small bottle of it

Select the incorrect statement regarding the contribution margin income statement. A) The contribution margin approach for the income statement is unacceptable for external reporting. B) The contribution margin approach requires that all costs be classified as fixed or variable. C) Contribution margin represents the amount available to cover product costs and thereafter to provide profit. D) Assuming no change in fixed costs, a $1 increase in contribution margin will result in a $1 increase in profit.

Answers

The contribution margin represents the amount available to cover production costs and thereafter to provide profit is the incorrect statement regarding the contribution margin income statement. Thus, option D is correct.

What is a margin income?

The amount of net earnings earned as a portion of revenue is expressed as the profitability ratio, or merely net interest margin. It is the proportion of a company's or business section's net profit to everything is revenues.. Although it may also be given in decimal number, margin of net profit is frequently expressed in a percentage.

The inaccurate response regarding the projected cash flow statement is that the contribution margin indicates the sum available for covering manufacturing cost and then to create profit.

Therefore, option D is the correct option.

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What is meant by transition economy?

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Economies in transition are considered countries that are undertaking macroeconomic reforms with the aim of changing the way their economies operate.

This has traditionally involved the country making structural adjustments from a state-run economy to a more market-oriented system. One of the key features of transition economies is a high degree of concentration of market power, which increases the chances of corruption. Corruption is arguably the most detrimental obstacle to macroeconomic and social progress in these transition economies. It provides a framework for creating effective research questions and care guidelines before, during, and after conversion. Transitional theory evolves from clinical practice, is supported by research evidence.

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In questions 3-6, calculate the percentage change in the CPI and then indicate wether inflation or deflation has occurred. Round answers to the nearest tenth of a percent.

3. In 1974, the CPI was 46.6, and in 1975, the CPI was 52.1

Percentage change in CPI:

Inflation or deflation:

Answers

Percentage change in CPI :  11.8 %

Inflation or deflation : Inflation

What is the CPI ?

A gauge of the general level of prices in an economy is the Consumer Price Index (CPI). A collection of frequently purchased commodities and services make up the CPI. The CPI tracks changes in a nation's currency's buying power as well as a basket of goods and services' prices.

One of the most widely used indicators of inflation and deflation is the CPI. In contrast to the producer price index (PPI), which tracks changes in the prices paid to American producers of goods and services, the CPI report employs a different survey methodology, price samples, and index weights.

The percentage change in this CPI is :
= ( Later CPI - Old CPI ) / Old CPI x 100 %

= ( 52.1 - 46.6 ) / 46.6 x 100%

= 0. 118 x 100%

= 11.8 %

This shows that there was an inflation because the percentage change was positive.

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an important federal statute that prohibits employment discrimination against members of five protected classes is:

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The correct response is d. Title VII of the Civil Rights Act of 1964. Title VII of the Civil Rights Act of 1964 is the most significant federal law that forbids employment discrimination against members of five protected classes.

Discrimination on the basis of race, colour, religion, sex, or national origin is illegal under the Civil Rights Act of 1964. This civil rights act's provisions prohibited discrimination in hiring, promoting, and firing on the basis of sex in addition to race. On July 2, 1964, President Lyndon Johnson signed this act into law. It outlawed discrimination in public settings, allowed for the integration of public institutions like schools, and forbade it in the workplace. The Act forbade discrimination in federally supported programs and public accommodations. Additionally, it made voting rights enforcement and school desegregation stronger. The Civil Rights Act of 1964 is the gold standard for civil rights law in the country, and it is still relevant today.

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The most important federal statute prohibiting employment discrimination against members of a protected class is

a. the Age Discrimination in Employment Act

b. The Equal Pay Act

c. The Americans w Disabilities Act

d. Title VII of the Civil Rights Act of 1964

under an fob contract, the seller delivery's the goods on board the ship decks and has no further transportation obligations. group of answer choices true false

Answers

Under a fob contract, the seller delivers the goods on board the ship decks and has no further transportation obligations TRUE.

Transportation is the movement of people, animals, and goods from one location to any other. The movement of delivery is defined because of the motion of an object from one point to another point. Modes of shipping include air, land, water, cable, pipeline, and area. heart mentioned.

The principal function of shipping is to provide or improve get admission to specific locations for people and companies. transport as a consequence facilitates a much wider variety of social and financial interactions than could in any other case be possible.

Transport (in British English), or transportation (in American English), is the movement of human beings, animals, and goods from one region to another. Modes of transport consist of air, land (rail and street), water, cable, pipeline, and space. the sphere can be divided into infrastructure, vehicles, and operations.

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What amazon site supports rosies, a local charity in brisbane, australia, to provide food and a friendly face for those who are experiencing homelessness?

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As food banks and community organizations face unprecedented demand, Amazon helps deliver millions of meals to hundreds of thousands of people.

Blacks and Native Americans are more likely to be homeless than other racial and ethnic groups in the United States. Blacks make up 13% of the total population 21.4% of the poor and 40% of the homeless. in cars or in emergency shelters.

People living in poverty are most at risk of becoming homeless and population groups at higher risk of poverty are also more likely to be homeless. The homeless living on the streets of cities are the most visible group of homeless people but not all homeless live on the streets. Many live with family and friends.

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a firm has an roe of 4%, a debt/equity ratio of 0.4, and a tax rate of 35%, and pays an interest rate of 5% on its debt. what is its operating roa?

Answers

According to the given data, The operating ROA is 5.82%. A measure of a company's profitability in relation to its total assets is called return on assets.

What do you mean by the ROA?

A financial ratio known as return on assets (ROA) measures a company's profitability in relation to its total assets.

ROA can be used by corporate management, analysts, and investors to assess how effectively a company uses its resources to make a profit.

A company's ability to manage its balance sheet to produce profits is more effective and efficient when its ROA is higher; on the other hand, a lower ROA suggests there is potential for improvement.

Therefore, according to the given data, The operating ROA is 5.82%. A measure of a company's profitability in relation to its total assets is called return on assets.

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barnes and noble sells online through its website, while also selling through physical store locations. this type of retailing is referred to as a. bricks-and-mortar. b. side-by-side. c. online-specialty. d. brick-and-clicks. e. web-only.

Answers

On top of having local retailers, Barnes and Noble also conducts business on the internet throughout its webpage. The term "brick-and-clicks" refers to this style of retailing. Is the best choice.

What does the phrase "brick and click" indicate?

A brick-and-click organization entails a company that sells goods to customers through a variety of channels, among which is typically a physical store and the second an online store. Brick corresponds to a physical site, whereas click refers to a digital marketing.

What benefits do brick-and-click transactions offer?

When it comes to managing consumer returns, bricks-and-clicks models outperform both brick-and-mortar businesses and straight e-commerce solutions. Consumers get the choice of returning things they bought at a real store website and inversely, giving them more convenience.

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which industry has the lowest concentration ratio? a. industry m b. industry j c. industry k d. industry l

Answers

If the market share information is accurate and easily accessible, the idea is straightforward. It makes sense of the degree of rivalry in the business and the presentation of the organizations working in an industry. For instance, if a company has a ratio of 100 percent, there is no competition in the industry, indicating a monopoly.

Information about the industry can be obtained from concentration ratios that range from 0% to 100%. If the ratio's value is zero, there is no competition at all, while a value of 100 indicates monopoly and no competition. The concentration is low if the value is less than 40%. Additionally, it demonstrates monopolistic competition by demonstrating that numerous producers are engaging in healthy competition by selling distinct products. When the value is greater than 40%, it indicates that the industry is dominated by a small number of significant and large players in the medium concentration scenario. Lastly, oligopoly or monopoly is indicated when the concentration is high and competition is very low when the CR is greater than 70%.

Economists can study and compare various industries and their major players with the assistance of an understanding of the concept. Economists have the option of going with a CR of three, four, or five firms. Understanding the industry's concentration and distribution of market share is helpful. A larger company is a sign of a market with more concentration. Besides, a high focus level isn't generally alluring since it includes a restraining infrastructure or oligopoly, making unfavorable impacts like high obstructions section and decreasing development.

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a closed-end fund starts the year with a net asset value of $30. by year-end, nav equals $31.90. at the beginning of the year, the fund is selling at a 2% premium to nav. by the end of the year, the fund is selling at a 7% discount to nav. the fund paid year-end distributions of income and capital gains of $3.30. required: a. what is the rate of return to an investor in the fund during the year? (do not round intermediate calculations. round your answer to 2 decimal places.) b. what would have been the rate of return to an investor who held the same securities as the fund manager during the year? (round your answer to 2 decimal places.)

Answers

a) Start of year price = 30 x 1.02 = 30.6

End of year price = 31.90 x 0.93 = 29.667

Price fell by 0.933.

Rate of Return = (∆NAV + Distributions) / Start of year NAV = (-0.933 + 3.30) / 30.60 = 0.77 = 7.7%

b) Rate of Return = (∆NAV + Distributions) / Start of Year NAV = (1.90 + 3.30)/30 = .1733 = 17.33%

The annual rate of return is the percentage change in an investment's value. For instance, if you assume a 10% annual rate of return, you are assuming that the value of your investment will rise by 10% each year. A rate of return (RoR) is the net gain or loss of an investment over a given time period expressed as a percentage of the initial cost of the investment.

ROI is a straightforward calculation that shows how much an investment returns in comparison to the initial investment amount. In contrast, IRR provides an estimated annual rate of return for the investment over time and serves as a "hurdle rate" for comparing other investments with varying cash flows.

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according to the video, did the federal reserve pursue an expansionary or a contractionary monetary policy?

Answers

Throughout the financial crisis, the Federal Reserve adopted an accommodative monetary stance. By increasing liquid as well as the money creation, this was accomplished.

What are the principles behind the Federal Reserve's employment of expansionary and restrictive monetary policy?

A central bank, such as the US Reserve Bank, may utilize expansionary monetary policy as a socioeconomic instrument to boost growth. It is commonly done by an institution once the business cycle is contracting and a country's gross domestic product (GDP) is beginning to drop.

What motivates the Federal Reserve to implement contractionary monetary policy?

To fight inflationary gaps, the Fed implements a contractionary monetary policy. The Fed sells bonds to the general public to reduce the amount of money in circulation and raise interest rates in order to fight inflation.

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an extreme case of oligopoly in which firms collude to raise joint profits is known as a: a duopoly. b dominant producer. c cartel. d price war. e price leadership.

Answers

An extreme case of oligopoly Managing prices effectively is a type of market structure. when a company establishes the industry-wide price level and additional smaller businesses must match it. The correct answer is leadership.

The business with the most affordable production costs usually sets the pricing standard for the market. Making their goods distinct from the competition The competing businesses seek to avoid this dilemma.For example, a small business can strive to distinguish its products by putting an emphasis on gaining some popularity with vegetarian cuisine Share percentage in a food market when the price established by the leader was lower than the manufacturing costs for a small business.That’s how the Oxford Dictionary defines leadership. In simple words, leadership is about taking risks and challenging the status quo. Leaders motivate others to achieve something new and better. Interestingly, leaders do what they do to pursue innovation, not as an obligation.

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When solving decision trees, what phrase represents the act of dropping an alternative from consideration because it is less favorable than another available option? A) cut the leaf B) open the hatch C) shake the tree D) punt the ball E) prune the branch

Answers

The expression "prune the branch" refers to the process of eliminating an alternative from consideration while solving decision trees because it is less advantageous than another option that is accessible. Here option E is the correct answer.

A decision tree uses a tree representation of the data to solve the machine learning issue. Each leaf node of the tree representation represents a class label, whereas each internal node stands for an attribute. Both regression and classification issues may be resolved with a decision tree approach.

A decision tree is a particularly particular sort of probability tree that enables you to choose a course of action. For instance, you could have to decide between producing item A or item B, or between investing in option 1, option 2, or option 3.

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which are risk mitigation strategy? group of answer choices risk delivery risk allocation risk retention risk abatement

Answers

Risk retention are risk mitigation strategy.

What are techniques for risk mitigation?Prior to any accident or disaster, risk mitigation measures are intended to eliminate, lessen, or otherwise limit the effect of recognized risks that are inherent in a given activity. Risks can be anticipated and managed with the help of these strategies.Avoidance, retention, sharing, transferring, and loss prevention and reduction are the fundamental risk management strategies that can be applied to all facets of a person's life and have long-term benefits.For controlling risk, there are always numerous solutions. The four Ts of risk management — tolerating, terminating, treating, and transferring — are an useful way to summarize the various reactions.

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What are all the ways you spend more money when you pay with a credit card?

Answers

Compared to cash, people tend to spend more while using credit cards. They are more inclined to provide greater gratuities and make more impulsive purchases in addition to being more likely to purchase items at higher prices. Household debt has grown during the same period.

However, according to a study, using a credit card may result in you spending more than using cash. Studies have shown that using a credit card to pay increases consumer spending.

It aids consumers in determining which credit cards have excessively high-interest rates. For non-accountant users E, it offers a language that is simple to grasp. It avoids frequent mistakes that have an impact on the company's financial statements F. It contrasts the credit card balances of your customer side by side.

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why is it important for insurance companies to have a large risk pool of people paying premiums?

Answers

It is important because the premiums paid by all the insured clients will cover the expenditures for the few people who require it. The likelihood that each covered customer may encounter an emergency decreases as more people pay premiums.

A risk pool that is bigger than it is tremendously beneficial since it would make premiums more stable and predictable. As customers will have a sizable premium income to cover the losses that will unavoidably happen. So that the real losses reach the levels that the actuaries predict statistically, they need a sizable (ideally diversified) pool of policyholders.

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Deep earth extraction inc. operates a facility near estuary bay. Discharging waste from the facility into the bay can result in?

a. penalties and damages.
b. penalties only.
c. damages only.
d. none of the choices.

Answers

Deep Earth Extraction, Inc. has a plant at Estuary Bay. Penalties and damages may apply if garbage from the plant is discharged into the water.

What are the consequences of waste on people and the environment?

Asthma, birth defects, cancer, cardiovascular disease, pediatric cancer, COPD, infectious disorders, low birth weight, and premature delivery are all possible. Bacteria, rats, and insects can all contribute to the garbage problem. Poor waste management leads to climate change and air pollution, as well as having a direct impact on many ecosystems and species. Landfills, the waste hierarchy's final resort, emit methane, a strong greenhouse gas connected to climate change. This not only contributes to the production of greenhouse gases, but it also causes major harm to marine and wildlife.

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