The answer is D because being in a flood could damage your vehicle.
The right choice is option (D). According to the given situation, the details are as follows: Purchase cost = $3,300 Transportation cost = $290 Return value = $230 Discount rate = 3% To find the total cost of merchandise, we follow this procedure: First, we deduct the return value from the purchase value. Then, $3,300 - $230 = $3,070 Now, we apply the discount, which is 3% of $3,070 = $92.10 Net purchase value = $3,070 - $92.10 = $2,977.90 Next, we add the transportation expense to the purchase value: $2,977.90 + $290 = $3,267.90 Thus, the complete cost of this merchandise is $3,267.90.
Response:
The correct response is option "A": Risk identification.
Clarification:
Risk identification represents a stage in the risk management framework. Risks are evaluated based on the metrics that outline them, including the potential loss magnitude or damage, as well as the likelihood of the occurrence of such loss or damage.
Response:
The total value of Treasury stock at the end amounts to $85,000
Clarification:
Data Provided:
The amount of treasury stock purchased = 15,000 at $17 each
and the number of treasury stock sold = 10,000
Calculations:
Total cost of purchased treasury stock = 15,000 × $17
which equals $255,000
The proceeds from selling the treasury stock = 10,000 × Purchase price
which is 10,000 × $17
leading to $170,000
To compute the final dollar amount of Treasury stock:
Dollar amount of Treasury stock at the end = Total purchased - Total sold
which simplifies to $255,000 - $170,000
thus resulting in a final amount of $85,000
