Business, 08.04.2020 22:03 ZaNiyahlove4711
Company XYZ provides a warranty on a product that it produces. Each year, the number of warranty claims follows a Poisson distribution with a mean of c. The probability that no warranty claims are received in any given year is 0.60. Company XYZ purchases an insurance policy that will reduce its overall warranty claim payment costs. The insurance policy will pay nothing for the first warranty claim received and 5000 for each claim there after until the end of the year. Calculate the expected amount of annual insurance policy payments to Company XYZ.
Answers: 3
Business, 21.06.2019 21:30
Unrecorded depreciation on the trucks at the end of the year is $40,000. the total amount of accrued interest expense at year-end is $6,000. the cost of unused office supplies still available at year-end is $2,000. 1. use the above information about the company’s adjustments to complete a 10-column work sheet. 2a. prepare the year-end closing entries for dylan delivery company as of december 31, 2017. 2b. determine the capital amount to be reported on the december 31, 2017 balance sheet.
Answers: 1
Business, 21.06.2019 21:30
Asavings account that pays interest every 3 months is said to have a interest period
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Business, 22.06.2019 00:30
Adds up the money earned by producers plus taxes paid to the goverment. a) income approach b) product approach c) expenditure approach
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Business, 22.06.2019 01:20
Which of the following statements concerning an organization's strategy is true? a. cost accountants formulate strategy in an organization since they have more inputs about costs. b. businesses usually follow one of two broad strategies: offering a quality product at a high price, or offering a unique product or service priced lower than the competition. c. a good strategy will always overcome poor implementation. d. strategy specifies how an organization matches its own capabilities with the opportunities in the marketplace to accomplish its objectives.
Answers: 1
Company XYZ provides a warranty on a product that it produces. Each year, the number of warranty cla...
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