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Questions in business

[Free] In a lump sum contract where the owner and contractor have agreed to a fixed price, what happens if the contractor completes the project for less than the anticipated price? A. The contractor will find ways to spend the money on the project to boost their payroll. B. The contractor will return a portion of the additional money to the owner and architect. C. The owner will identify building elements to upgrade and use the money on those. D. The additional money goes in the contractor's pocket as profit.

[Free] On June 30, 2024, King Company had outstanding 9% bonds payable with a face amount of P5,000,000 and maturing on June 30, 2029. Interest is payable semiannually every June 30 and December 31. On June 30, 2024, after amortization was recorded for the period, the unamortized premium on bonds payable was P300,000. On that date, the entity acquired all outstanding bonds payable on the open market at 98 and retired them. On June 30, 2024, what amount should be recognized as gain on redemption of bonds payable? a. 300,000 b. 400,000 c. 100,000 d. 200,000

[Free] From the following particulars, calculate the Margin of Safety: Fixed cost Rs. 1,00,000 Variable cost Rs. 1,50,000 Total Sales Rs. 3,00,000

[Free] Q4 Nishu (Debtor) from whom an amount was due, she was declared insolvent and paid only 70 paisa in a rupee. Total bad debts from her were written off ₹7,200. What amount is received by the firm? (A) ₹24,000 (B) ₹16,800 (C) ₹15,000 (D) ₹16,500

[Free] A company currently produces 6,000 units of its single product each period, incurring total variable costs of $60,000 and fixed costs of $42,000. Production will increase to 8,000 units per period if the company expands capacity resulting in changes both to the variable costs per unit and to the total fixed costs. For production of 8,000 units per period total variable costs would be $76,000 and fixed costs $50,000. What is the reduction in total cost per unit comparing the costs for 8,000 units per period with the unit costs currently being incurred? a. $0.50 b. $0.75 c. $1.25 d. $0.8

[Free] Respond to the following in a minimum of 175 words: Discuss one situation where you can collect data and where the empirical rule applies, meaning that the data representing this situation follows a normal distribution. You are encouraged to conduct online research to discover a situation that fits these criteria. Discuss what specifically leads you to believe that this situation follows the empirical rule. Cite your source. Identify what statistical analysis benefits exist because the situation has data that is distributed normally.

[Free] Chester has a credit score of 595. According to the following table, his credit rating is considered to be which of these? If your FICO credit score is: 750-850 660-749 620-659 350-619 Your credit rating is considered to be: Excellent Good Fair Poor A. Poor B. Good C. Excellent D. Fair

[Free] The basic purpose of insurance is to provide A. loans B. prevention C. protection D. liability

[Free] A single person earns a gross biweekly salary of $[tex]840[/tex] and claims [tex]54=xemption[/tex]. How will federal taxes affect his net pay? a. Federal taxes will not affect the net pay. b. Net pay will increase $[tex]11[/tex] from the gross pay. c. Net pay will decrease $[tex]11[/tex] from the gross pay. d. Net pay will decrease $[tex]13[/tex] from the gross pay. Please select the best answer from the choices provided

[Free] When determining the premiums for large groups, most insurance companies use A. Occupational rating B. Area rating C. Pooled rating D. Experience rating