An asset is a resource with economic value that an individual, corporation or countryowns or controls with the expectation that it will provide future benefit. The normal bal-ance of the asset is debit. Do you think your cellphone is an asset? (10 sentences)

There is no surprise that the smartphone has become deep-seated in every aspect of our lives.…

Answered: An asset is a resource with economic…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Which of the following individual must have an insurance producer license? A field underwriter who inspects building A clerical worker who reviews insurance applications for accuracy A personnel officer who enrolls employees in a group health plan An insurance agency secretary who binds automobile insurance policies
Typed and correct answer please. I will rate accordingly. Don't do wrong please. It's most important for me....
An employee of a bank announced in front of media about the unethical management practices adopted by top management of the company he was working with. This employee is involved in which of the following action? O a. Whistleblowing O b. Ethical problem solving O .Ethical reasoning O d. Ethical decision making
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Which of the following situations describes a representation? OA An insurance company guarantees that pollicy benefits will be paid promptly on receipt of a Proof of Loss OB. An insurance company guarantees that premiums paid will be refunded within 30 days after the policy's effective date if an insured is desatisfied with the policy A prospect's statement on an application that is held to be substantially true OC OD. A prospect's statement on an application that is held to be absolutely true
QUESTION 36 Which of the following sequences accurately describes impeachment? O Impeachment begins in the Senate and removal takes place in the Supreme Court O Impeachment begins with the states and removal occurs with the Supreme Court O Impeachment begins in the Supreme Court and removal occurs with % of the states O Impeachment begins in the House of Representatives and the Senate votes to remove QUESTION 37 The idea of turning government functions over to entrepreneurs in an attempt to decrease the size or bloat of federal government is known as? O Privatization O Gentrification O Volunteerism O Electrification QUESTION 38 After Barack Obama was elected to the Presidency he appointed a lot of individuals that worked on his campaign into government positions. For example, Robert Gibbs was appointed Press Secretary. This is an example of? O The Spoils System O The Merit System O The Monopoly Model O The Acquiring Model Click Save and Submit to save and submit. Click Save All Answers…
Which of the following situations describes a representation? OA An insurance company guarantees that pollicy benefits will be paid promptly on receipt of a Proof of Loss OB. An insurance company guarantees that premiums paid will be refunded within 30 days after the policy's effective date if an insured is desatisfied with the policy A prospect's statement on an application that is held to be substantially true OC OD. A prospect's statement on an application that is held to be absolutely true
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BADLY NEED YOUR HELP PLEASE. 1.) True or false? Briefly explain. _____ Your firm has the opportunity to invest $20 million in a new project. The interest rate on the firm’s debt is 7% and the cost of equity is 14%. The cost of capital for the project depends on whether the firm finances the project with new debt or new equity. _____ You are thinking about investing in either stock A or stock B. Both stocks have an expected return of 12%, but stock A has a standard deviation of 25% annually and stock B has a standard deviation of 35% annually. You should invest in stock A since it is less risky. _____ Your firm currently has a debt-to-equity ratio of 10%: debt = $50 million and equity = $500 million (market values). The interest rate on the firm’s debt (rD) is 8% and the cost of equity (rE) is 13%. Since the cost of debt rD is lower than the cost of equity rE, the firm can lower its overall cost of capital by borrowing more. Ignore taxes.
Which one fills the blink: consistency, liking,authority,scarcity, reciprocity. When you receive a car or bank loan, you are more likely to honor that commitment because you signed your name on a contract. This concept of meeting you signed obligation is the basis of the principle of-----.

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An asset is a resource with economic value that an individual, corporation or country owns or controls with the expectation that it will provide future benefit. The normal bal- ance of the asset is debit. Do you think your cellphone is an asset? (10 sentences)