An insurance company will only sell its Select policy to people for whom the probability of a stroke in the next ten years is le

Answer:

best training and development facilities along with several other additional benefits.

Explanation:

Darden is one of the famous multi brand restaurant of America which provides eaters such as olive garden and capitol grill . Such firms focus more on the development of their employees and try and provide the best working conditions to them.

Darden provides 39% stake to the minorities and 42% stake to women as managers. Darden think more about the people associated with it .

Darden provides best training and development facilities to its employees along with giving them a chance to work in the sophisticated places to boost up their morale and learn new things as well.

Darden also provide other facilities to its employees like health benefits , education facilities to their kids , vision insurance, retirement benefits etc.

Answer:

1. Blossom Company Journal entry

April 10

Dr cash$35,175

Cr Sales $33,500

Cr Sales tax $1,675

2. Oriole Company Journal entry

April 15

Dr Cash $25,970

Cr sales $24,500

Cr Sales tax $1,470

Explanation:

1. Blossom Company Journal entry

April 10

Dr cash ($33,500+$1,675) $35,175

Cr Sales $33,500

Cr Sales tax $1,675

2. Oriole Company Journal entry

April 15

Dr Cash $25,970

Cr sales ($25,970/1.06) $24,500

Cr Sales tax $1,470

($25,970-$24,500)

Answer:

Wingate Company

1. Contribution format income statement segmented by divisions:

                                               Company        East         Central         West

Sales                                    $ 1,500,000  $350,000  $620,000  $530,000

Variable expenses                   655,500     154,000      241,800    259,700

Contribution margin                 844,500  $196,000   $378,200  $270,300

Traceable fixed expenses        819,000    294,000    329,000     196,000

Non-traceable fixed expenses 110,000

Net operating income (loss) $ (84,500)  $(98,000)    $49,200    $74,300

2. Decrease in net operating loss = $45,200

Explanation:

a) Data and Calculations:

Wingate's most recent monthly contribution format income statement:

Sales                                    $ 1,500,000

Variable expenses                   655,500

Contribution margin                 844,500

Fixed expenses                       929,000

Net operating income (loss) $ (84,500)

Additional data:

Division                                       East        Central         West

Sales                                   $ 350,000  $ 620,000   $ 530,000

Variable expenses as

 a percentage of sales                44 %           39 %            49 %

Traceable fixed expenses $ 294,000  $ 329,000   $ 196,000

Implementation of the proposal:

Sales for West = $604,200 ($530,000 * 1.14)

Traceable fixed expenses for West = $225,000 ($196,000 + 29,000)

Contribution format income statement segmented by divisions:

                                               Company        East         Central         West

Sales                                    $ 1,574,200  $350,000  $620,000  $604,200

Variable expenses                   655,500     154,000      241,800    259,700

Contribution margin                  918,700  $196,000   $378,200  $344,500

Traceable fixed expenses        848,000   294,000    329,000    225,000

Non-traceable fixed expenses 110,000

Net operating income (loss) $ (39,300)  $(98,000)    $49,200   $119,500

Decrease in net operating loss = $45,200 ($84,500 - 39,300)

Answer:

d

Explanation:

A perfect competition is characterized by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.  

In the long run, firms earn zero economic profit.  If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.  

Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.  

Perfectly competitive market consists of a large number of firms, and each firm is small relative to the entire market. This makes firms unable to set the prices for their goods.

It is the monopoly and oligopoly market structure that is characterised by high entry and exit into the market

Answer:

D)a unit of labor resource that could be engaged in production is sitting idle.

Explanation:

Unemployment is a situation whereby a country's sizeable population is without jobs and do not contribute to the total productivity of the country. Unemployment is an economic problem because labour , which involves skill and experience, is not been used to increase a country's productivity. Most tines , unemployment is largely caused by over population. Over population is a situation where a country's citizens are so much that most essential resources are inadequate. Over population reduces the amount of jobs available to citizens.