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17 days ago

Which best compares and contrasts Business Financial Management and Insurance Services?

Business

2 answers:

Mariulka [3.1K]17 days ago

7 0

Response:

Answer A is the most appropriate option

Clarification:

All roles necessitate employees to possess math skills for practical calculations, while corporate financial management typically demands an understanding of complex math equations.
Workers proficient in both types of calculation can enhance productivity, so it’s essential for modern workers to have a foundation in basic math as well as advanced financial computation.

Katen [2.9K]17 days ago

3 0

I think the correct option is A.) <span>Both positions need staff with math skills for assessing risk, but the Business Financial Management role also requires a grasp of higher-level mathematics.
However, I’m not entirely certain. Hope this information assists!:)</span>

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Sidewinder, Inc., has sales of $634,000, costs of $328,000, depreciation expense of $73,000, interest expense of $38,000, and a

arsen [2965]

Answer:

$154,050

Explanation:

The following shows how net income for the business is calculated:

Total Sales $634,000

Subtract: costs -$328,000

Subtract: depreciation -$73,000

EBIT -$233,000

Subtract: interest -$38,000

EBT 195,000

Subtract: tax(195,000 × 21%) -$40,950

Net income $154,050

The calculation involves deducting all costs, interest, and taxes from the total sales revenue to arrive at the net income.

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24 days ago

All of the following are true about the project scope statement EXCEPT:a.It is an output of the Verify Scope process. b.It descr

Free_Kalibri [3151]

Answer:

a. This is a result of the Validate Scope process.

Explanation:

The project scope statement serves as a resource that outlines the key deliverables of a project, detailing essential milestones, all necessary requirements, constraints, and assumptions. It thoroughly explains the deliverables of the project along with the necessary work needed to accomplish those deliverables. Additionally, it facilitates a shared understanding of the project scope among stakeholders. Furthermore, it might include clear exclusions from the scope that can help in aligning stakeholder expectations. It is a product of the scope management process and not the verify scope process, meaning that all other choices are valid while option "a" is incorrect.

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11 days ago

A small business has determined that the machinery they currently use will wear out in 16 years. To replace the new machine when

marusya05 [3091]

Answer:

Today's present value deposit = 216,886 (Approx)

Explanation:

Given:

Duration (n) = 16 years x 4 quarters = 64

Interest rate (r) = 1.6% = 0.016 / 4 = 0.004

Future value = $280,000

Present value =?

Calculation for today's necessary deposit:

$Present\ value = \frac{Future\ value}{(1+r)^n}\\\\Present\ value = \frac{280,000}{(1+0.004)^{64}}\\\\Present\ value = \frac{280,000}{1.291}\\\\Present\ value = 216,886.135$

Present value deposit today = 216,886 (Approx)

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10 days ago

A federal bank examiner came to a bank in Jacksonville. He audited the books and he checked out the staff and the office facilit

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Answer:

Governments exercising eminent domain for public benefit.

Explanation:

The branch manager was charged due to a failure to recognize eminent domain for communal usage.

Eminent domain grants the government authority to seize private property for the benefit of the public.

The bank qualifies as a public entity, necessitating a public domain accessible to community members or for civic functions. This usage is expected to serve the public or potentially be assigned to third-party organizations.

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28 days ago

The Optima Mutual Fund has an expected return of 20%, and a volatility of 20%. Optima claims that no other portfolio offers a hi

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Answer:

(a) 0.75

(b) 0.2

Explanation:

(a) For the Sharpe ratio calculation -

Given:

Expected return = 20%,

Risk-free rate = 5%,

Volatility = 20%

Sharpe ratio = (Mean portfolio return - Risk-free return) ÷ Standard deviation of portfolio

Sharpe Ratio = (20% - 5%) ÷ 20%

= 0.75

(b) Given:

Standard deviation = 40%,

Portfolio return = 11%,

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Sharpe Ratio of eBay = (11% - 5%) ÷ 40%

Sharpe Ratio of eBay = 0.15

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= Sharpe ratio of eBay ÷ Sharpe ratio of Optima fund

= 0.15 ÷ 0.75

= 0.2

Sharpe ratio for the Optima = 0.75

Correlation of the Sub-Optima fund with the Optima fund:

= Sharpe ratio of Sub-Optima fund ÷ Sharpe ratio of Optima fund

0.80 = Sharpe ratio of Sub-Optima fund ÷ 0.75

Sharpe ratio of the Sub-Optima fund = 0.80 × 0.75

= 0.6

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1 month ago