The purchase price per share of Nico Enterprises' common stock as of January 1, Year 1, is approximately $15.39.
To determine the purchase price per share of Nico Enterprises' common stock as of January 1, Year 1, we can use the dividend discount model (DDM). The DDM calculates the intrinsic value of a stock based on its expected dividends and the required rate of return.
Given information:
Predicted growth rate for Year 1 through Year 5: 3%
After Year 6, the growth rate becomes zero.
Dividend just paid: $3
Required rate of return (cost of capital): 8%
First, let's calculate the dividends for Year 1 through Year 5 based on the predicted growth rate:
Year 1 dividend = $3 * (1 + 0.03) = $3.09
Year 2 dividend = $3.09 * (1 + 0.03) = $3.18
Year 3 dividend = $3.18 * (1 + 0.03) = $3.28
Year 4 dividend = $3.28 * (1 + 0.03) = $3.38
Year 5 dividend = $3.38 * (1 + 0.03) = $3.49
Next, let's calculate the present value of these dividends using the required rate of return:
PV(dividend) = Year 1 dividend / (1 + required rate of return) + Year 2 dividend / (1 + required rate of return)^2 + Year 3 dividend / (1 + required rate of return)^3 + Year 4 dividend / (1 + required rate of return)^4 + Year 5 dividend / (1 + required rate of return)^5
PV(dividend) = $3.09 / (1 + 0.08) + $3.18 / (1 + 0.08)^2 + $3.28 / (1 + 0.08)^3 + $3.38 / (1 + 0.08)^4 + $3.49 / (1 + 0.08)^5
Calculating the present value:
PV(dividend) ≈ $2.8581 + $2.6504 + $2.4611 + $2.2886 + $2.1315 ≈ $12.3897
Finally, to calculate the purchase price per share, we add the present value of the dividends to the dividend just paid:
Purchase price per share = PV(dividend) + Dividend just paid
= $12.3897 + $3
= $15.3897
Therefore, the purchase price per share of Nico Enterprises' common stock as of January 1, Year 1, is approximately $15.39.
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20 POINTS AND WILL GIVE BRAINLY
PLS ANSWER
help me please
You are putting on a theater production. Which of the following should be a consideration when you get ready to choose the script?
The size of the theater/stage
The demographics of the audience
The topic/popularity of the script
All of the above
Answer:
The topic/popularity of the script
Explanation:
When you are writing a script, you WILL NEED TO consider the topic/popularity of the script.
Hope it help! ;)
Bermuda Cruises issues only common stocks and coupon bonds. The firm has a debt-equity ratio of 0.45. The cost of equity is 17.6 percent. Required: What is the pre-tax cost of the company debt if weighted average costs of the company is 13.5% and the firm's tax rate is 35 percent? (10 marks)
Answer:
The pre-tax cost of the company debt is 6.75%
Explanation:
In order to calculate the pre-tax cost of the company debt if weighted average costs of the company is 13.5% and the firm's tax rate is 35 we would have to use the following formula:
weighted average cost of capital = pretax cost of debt (1 - tax rate) x weight of debt + cost of equity x weight of equity
0.135 = pretax cost of debt (1 - 0.35) x 0.45 / 1.45 + 0.176 x 1 / 1.45
0.135 = pretax cost of debt x 0.201724138 + 0.12137931
(0.135 - 0.12137931) / 0.201724138 = pretax cost of debt
6.75% Approximately = Pretax cost of debt
A company buys an oil rig for $1,000,000 on January 1, 2020. The life of the rig is 10 years and the expected cost to dismantle the rig at the end of 10 years is $200,000 (present value at 10% is $77.110). The appropriate interest rate for the company is 10%. What expenses should be recorded for 2020 as a result of these events? OA. Depreciation expense of $107.711 and interest expense of $7.711 Activate Windows OB. Depreciation expense of $120.000 and interest expense of $7,711 Oc Depreciation expense of $120,000 OD Depreciation expense of $100.000 and interest expense of $20,000
The expenses that should be recorded for 2020 as a result of these events are:
OB. Depreciation expense of $120,000 and interest expense of $7,711.
Explanation:
To calculate the depreciation expense, we use the straight-line depreciation method, which is calculated by dividing the cost of the asset ($1,000,000) by its useful life (10 years). Therefore, the annual depreciation expense is $100,000 ($1,000,000 / 10).
The interest expense is calculated by multiplying the beginning book value of the asset ($1,000,000) by the interest rate (10%). Therefore, the interest expense is $100,000 ($1,000,000 * 10%).
So, the total expenses recorded for 2020 would be $120,000 for depreciation expense and $7,711 for interest expense.
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Brooklyn is paid biweekly. Her annual salary is $63,700. What is her biweekly gross pay?
Brooklyn's biweekly gross pay, given the amount that she is paid annually, is $ 2, 450
How to find the biweekly gross pay?A person's biweekly gross pay is the amount that they are paid every 2 weeks that is not adjusted for taxes and other deductions.
In a year, the number of two week periods are :
= Number of weeks / 2
= 52 / 2
= 26 biweekly periods
The biweekly salary of Brooklyn is therefore :
= Annual salary / number of biweekly periods
= 63, 700 / 26
= $ 2, 450
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Give your opinion based upon the numbers as to whether production seems to be budgeted properly, and whether the corporation can make an adequate profit above breakeven levels
Answer:
The production level needs to be budgeted accurately as this is the main strategy which is essential for the success of the business. The corporation cannot make adequate on the breakeven level as this is no profit, no loss situation.
Explanation:
The production level is the basis for sales. If the production level is not accurately estimated then there will be over of under production problems to the business. The over production will result in excess cost to the company and under production will result in lesser profit and sales. The breakeven level is the no profit no loss situation. This is the situation where company earns money equal to its cost and expenses and nothing is saved by the company as profit.
Under what conditions is industry analysis not as powerful?.
Answer:
Explanation:
a) in times of stagnation. b) in fast-changing industries.
The conditions are industry analysis not as powerful are in fast changing. The technologies are the changes, the process was the not change.
What is industry?
The term industry refers to the factory are the manufacturing of the product. The production of the goods making. The process of the raw material are the converted into the finished goods. The labour are the performing the work. The industry are the important part of the economy.
The industry are the significant part of the economy because it's they generate the employment. The industry are the not powerful as the in fast changing. The main causes are the in fast-changing industries. The industries are the not adopted to the all the technology because its the increases the expenses.
As a result, the conditions are industry analysis not as powerful are in fast changing.
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Which of the following is a style trend?
A. An increase in the population of young parents in a neighborhood
B. The popularity of a new type of jeans
C. An increased concern for protecting the environment
D. The popularity of cell phones that can access the Internet
I borrowed $20,000 from Clare Bank for my Alumacraft boat at 5%. They want me to pay it back in equal intervals over 7 years. How much is each payment and what series do I use? What is the overall cost of the boat?
The equal payments required to pay back the loan over 7 years at 5% interest would be $3,025.88 per year. The overall cost of the boat, including interest, would be $21,181.16.
To calculate the equal payments, we can use the formula for the present value of an annuity:
PMT = PV x (r / (1 - (1 + r)^-n))
where PMT is the payment amount, PV is the present value of the loan, r is the interest rate per period, and n is the number of periods.
In this case, PV = $20,000, r = 5%, and n = 7 years.
Plugging these values into the formula, we get:
PMT = $20,000 x (0.05 / (1 - (1 + 0.05)^-7))
PMT = $3,025.88
Therefore, the equal payments required to pay back the loan over 7 years at 5% interest would be $3,025.88 per year.
To calculate the overall cost of the boat, we can simply multiply the annual payments by the number of years:
Overall cost = PMT x n
Overall cost = $3,025.88 x 7
Overall cost = $21,181.16
Therefore, the overall cost of the boat, including interest, would be $21,181.16.
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Can you explain the rate of inflation?
Answer:
the more money the government loses the more they charge us
Draft an inquiry letter to Kathmandu trading interprisses, Kathmandu behalf of Shrestha trading produces and way of business
An inquiry letter to Kathmandu trading Enterprises is a formal letter which is expected to have a formal tone and follow the formats of a formal letter.
How to Write an Inquiry Letter?Below is a sample of an inquiry letter:
Dear Kathmandu Trading Enterprises,
I am writing to inquire about your trading products and your way of business on behalf of Shrestha Trading Produces. As a growing company, we are always on the lookout for potential business partners that can help us expand our reach and increase our product offerings. After doing some research, we came across your company and would like to learn more about what you have to offer.
Firstly, we are interested in learning more about the types of trading products that you offer. Could you please provide us with a list of your current offerings? Additionally, we would appreciate any information on the quality and pricing of these products. As we are always striving to provide our customers with the highest quality products at competitive prices, this information will be valuable to us.
Secondly, we are curious about your way of business. Could you please provide us with information on your ordering and payment processes, as well as any minimum order requirements? We would also appreciate any information on your shipping and delivery times.
Lastly, we would like to know more about your company culture and values. We believe that building strong relationships with our business partners is key to success, and we would like to work with companies that share our values and ethics.
Thank you for taking the time to read our inquiry, and we look forward to hearing back from you soon.
Sincerely,
[Your Name]
[Your Company Name]
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According to the Quantity Theory of Money, if M is growing at 10% and real output grows at 3%, inflation must be:
a. 0%
b. 7%
c. 13%
d. None of the above
The inflation rate would be 7% in view of the given data. Inflation is the pace of expansion in costs over a given time frame.
The option (B) is correct.
Inflation is regularly a broad measure, like the general expansion in costs or the expansion in the typical cost for most everyday items in a country. As per the Amount Hypothesis of Cash, the condition for deciding the expansion rate is:
Inflation = Money supply Growth - Real Output Growth
Given that the money supply (M) is growing at 10% and real output is growing at 3%, we can calculate the inflation rate as follows:
Inflation = 10% - 3% = 7%.
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contra account (or contra asset account)
A contra account, or contra asset account, is an account used to reduce the value of a related account in financial reporting.
A contra account, also known as a contra asset account, is a type of account that is paired with another account on a company's balance sheet. The purpose of the contra account is to offset the balance of the primary account and provide a more accurate representation of the company's financial position.
For example, if a company has a fixed asset account for equipment, they may also have a contra asset account for accumulated depreciation. This contra account is used to reduce the value of the equipment asset account by the amount of depreciation that has been recorded over time.
Another common example of a contra account is the allowance for doubtful accounts, which is used to offset accounts receivable and provide an estimate of the amount of receivables that may not be collected.
Contra accounts are important for financial reporting purposes because they provide a more accurate depiction of a company's assets and liabilities. They are typically shown as a negative value on the balance sheet, which indicates their role in offsetting the primary account.
Note: The question is incomplete. The complete question probably is: What is contra account (or contra asset account).
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in business, you see the use of an ordinary annuity and never see the use of an annuity due. true or false
This statement is false. In business, both ordinary annuities and annuities due can be used depending on the specific situation and needs of the business.
An ordinary annuity is a series of equal payments made at the end of each period, while an annuity due is a series of equal payments made at the beginning of each period. Both types of annuities can be used to calculate the present value or future value of a stream of cash flows, and they can be used in a variety of financial calculations such as loan amortization, retirement planning, and investment analysis.
An ordinary annuity is a series of regular payments made at the end of each period, such as monthly or quarterly. In an annuity contrast, payments are made at the beginning of each period. Consistent quarterly stock dividends are one example of an ordinary annuity; monthly rent is an example of an annuity due.
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Which career pathways involve high risk due to exposure to dangers?
Firefighters in the Emergency and Fire Management pathway, Correctional Officers in the Corrections pathway, and Detention Officers in the Law Enforcement pathway
Firefighters in the Emergency and Fire Management pathway, Detention Officers in the Corrections pathway, and Intelligence Analysts in the Security and Protective Services pathway
Intelligence Analysts in the Security and Protective Services pathway, Detention Officers in the Corrections pathway, and Police Officers in the Law Enforcement pathway
Firefighters in the Emergency and Fire Management pathway, Detention Officers in the Corrections pathway, and Police Officers in the Law Enforcement pathway
Answer:
Firefighters in the Emergency and Fire Management pathway, Correctional Officers in the Corrections pathway, and Detention Officers in the Law Enforcement pathway.
Explanation:
The career pathways that involve high risk due to exposure to dangers is :
A) Firefighters in the Emergency and Fire Management pathway, Correctional Officers in the Corrections pathway, and Detention Officers in the Law Enforcement pathway.
"Career Pathways"The career pathways that involve high risk due to exposure to dangers is:
Firefighters in the Emergency
Firefighters too give an critical part in teaching the open with respect to fire and security.
Instructing fire anticipation and teaching the open on how to reply in crisis circumstances can offer assistance spare lives.
Fire Management pathway
Candidates require a long time of work encounter in law requirement, fire security, or an crisis administration field.
Crisis administration executives ordinarily require a bachelor's degree
Correctional Officers in the Corrections pathway
Corrections officers may do a few or all of the taking after:
supervise prisoners' day by day schedule, which incorporates feast, work and amusement times. screen, evaluate and oversee the conduct and security of detainees watch jail buildings and grounds.
Detention Officers in the Law Enforcement pathway.
A detainment officer forms prisoners, keeps up imprison security, serves dinners, transports detainees, gets and forms detainees into care of educate, looks detainees, and takes charge of individual property and gives detainees with opportunity to call their lawyer or relative.
A Career Pathway traces the positions, compensation, and preparing required to development in an industry.
Thus, the correct answer is A.
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tying employee skills training to specific, measurable business goals __________ its usefulness and makes it easier to assess.
Tying employee skills training to specific, measurable business goals enhances its usefulness and makes it easier to assess.
When employee skills training is aligned with specific, measurable business goals, it creates a direct link between the training outcomes and the overall success of the organization. This alignment ensures that the training programs are designed to address the specific skills and knowledge required to achieve those goals, making the training more relevant and impactful. By setting clear business goals and objectives, organizations can identify the specific skills and competencies that employees need to develop in order to contribute effectively to the achievement of those goals. This helps in designing training programs that focus on critical areas and prioritize the development of skills that directly align with the business needs.
Moreover, tying employee skills training to specific, measurable business goals enables organizations to assess the effectiveness of the training programs more accurately. By establishing measurable indicators and performance metrics related to the business goals, organizations can evaluate the impact of the training on employee performance and business outcomes. This assessment allows them to gauge the return on investment (ROI) of the training initiatives and make informed decisions regarding future training needs and resource allocation. In summary, linking employee skills training to specific, measurable business goals enhances its relevance, effectiveness, and assessment. It ensures that the training efforts are aligned with the strategic objectives of the organization and facilitates a clear understanding of the impact of the training on business performance.
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Please help!
The lack of height and shape makes _______ difficult to present.
Culinary for Pennfoster
The lack of height and shape makes body shape difficult to present.
What do you mean by body shape?The shape of the human body is a complicated phenomena with intricate intricacy and purpose.
A person's overall shape or figure is mostly determined by how their skeletal systems are shaped, as well as how their muscles and fat are distributed.
Only until a person reaches adulthood does their skeletal structure grow and change; beyond then, it largely stays the same.
The epiphyseal plates of long bones close, stopping future growth, between the ages of 13 and 18, marking the typical end of growth.
Numerous features of body shape differ by gender, and the cultural history of the female body shape is particularly complex.
Anthropometry is the study of measuring and evaluating physical shape.
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A firm's marketing skills and teamwork as well as its cooperation among managers are examples of
A) financial resources.
B) human resources.
C) physical resources.
D) capabilities.
The D) capabilities. A firm's marketing skills and teamwork, as well as its cooperation among managers, are examples of the capabilities of the organization.
Capabilities refer to the firm's ability to perform tasks and activities that enable it to create value and compete effectively in the market. It includes a wide range of factors such as human resources, technology, organizational structure, culture, and leadership. In this context, marketing skills and teamwork, and cooperation among managers are considered as intangible capabilities that help the firm to achieve its goals and objectives. These capabilities are not physical resources that the firm owns but rather a set of skills and knowledge that are developed and nurtured over time. Therefore, the correct answer to the question is D) capabilities.
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the principal managerial actions and initiatives undertaken in the strategy implementation process include which of the following? group of answer choices deciding how much to spend on each of the various value chain activities designing the structure, culture and controls. deciding on a structural type that best aligns with chosen strategies all of these a and b only
The principal managerial actions and initiatives undertaken in the strategy implementation process include "designing the structure, culture, and controls", "deciding on a structural type that best aligns with chosen strategies" and "deciding how much to spend on each of the various value chain activities". Therefore, the answer is "all of these".
Strategy implementation is the process of putting a company's chosen strategy into action. The implementation process involves a range of managerial actions and initiatives that are necessary to achieve the organization's goals. These actions include designing the organization's structure, culture, and controls to support the strategy, deciding on the most suitable structural type that aligns with the chosen strategies, and determining the amount to spend on each value chain activity to achieve the best results. All these actions are critical in ensuring that the implementation of the chosen strategy is effective and successful.
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What is the formula of the present value (PV) of a future value (FV) received n years in the future? [From your textbook] PV=FV/(1+i)∧n
Using the formula from question 1, determine the present value of $1,000 in 5 years if the interest rate is 8 percent. 680.58
Based on your answer from question 2, determine the opportunity cost of waiting.
The present value of $1,000 received in 5 years with an 8 percent interest rate is $680.58. Therefore, the opportunity cost of waiting is the difference between the present value ($680.58) and the initial amount ($1,000), which is $319.42.
The formula for present value (PV) is PV = FV / (1 + i)^n, where FV is the future value, i is the interest rate, and n is the number of years. In question 2, the present value of $1,000 received in 5 years at an 8 percent interest rate was calculated to be $680.58.
To determine the opportunity cost of waiting, we compare the present value of $680.58 to the initial amount of $1,000. The opportunity cost of waiting is the difference between these two values. Therefore, the opportunity cost of waiting is $1,000 - $680.58 = $319.42.
The opportunity cost of waiting represents the value that is forgone by delaying the receipt of a future amount. In this case, by waiting for 5 years to receive $1,000, the individual is giving up the opportunity to have $319.42 in the present. This opportunity cost takes into account the time value of money and the potential returns that could have been earned by investing or using the money immediately.
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Under allocated manufacturing overhead results when:
a. actual overhead is greater than allocated overhead,
b. actual overhead is greater than expected,
c. estimated overhead is greater than actual overhead,
d. production is greater than last year.
The answer is OPTION A Under allocated manufacturing overhead results when actual overhead is greater than allocated overhead. When a company doesn't budget enough for its overhead expenditures, underapplied overhead results.
This suggests that the company's actual operational expenditures exceeded the anticipated amount. Underapplied overhead is the total amount of factory operating manufacturing expenses that aren't divided among production units. When the standard allocation amount per unit of production does not match the actual amount of overhead expenses spent during a reporting period, this problem occurs.
When real manufacturing overhead expenses exceed allocated manufacturing overhead costs, under allocated overhead arises. When allocated manufacturing expenditures costs are less than actual manufacturing overhead costs, overallocated overhead develops.
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Noriko analyzes ways to create and improve computer systems.
Boris helps people who are having difficulty using computers.
Lane writes code for operating systems.
Jewel tests software to identify problems.
Carla fixes and maintains databases.
Ignacio plans, organizes, and oversees information technology projects.
Answer:Brian uses ultrasound technology to create images of a patient’s liver and kidneys.
Nigel performs tests on a patient to get information about how his heart is working.
Krystal analyzes X-rays to determine whether a patient has a broken arm.
Explanation:
Answer:
A. B. F.
Explanation:
Edge
Do you think you should use a zero-based budgeting system? Explain why or why not.
given the following information is the variance favorable or unfavorable? flexible budget sales $100,000 actual sales $95,000
The variance is unfavorable because the company achieved $5,000 (or 5%) fewer sales than it expected based on the flexible budget.
To determine whether the variance is favorable or unfavorable, we need to compare the actual sales with the flexible budget sales.
Flexible budget sales represent the sales that the company should have achieved based on its actual output level and the budgeted sales price per unit. In other words, it is the sales that the company expected to achieve based on its production level and market conditions.
Actual sales represent the sales that the company actually achieved during the period.
If the actual sales are higher than the flexible budget sales, then the variance is favorable because the company achieved more sales than it expected. On the other hand, if the actual sales are lower than the flexible budget sales, then the variance is unfavorable because the company achieved fewer sales than it expected.
In this case, the flexible budget sales are $100,000 and the actual sales are $95,000.
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3.6.2 Teut (COT): The Pret la foi
Question 1 of 25
2 Points
Which of the following has the lowest housing prices and the smallest
population density?
O A. Inner-city neighborhoods
B. Rural areas
O C. Suburban developments
O D. High-rise apartments
The correct answer is B. Rural areas
Explanation:
High population densities, as well as high housing prices, are mainly found in cities or nearby areas as most jobs and industries are located in these areas. This increases not only the number of people that live in these zones but also the price of housing as the prices of properties are higher due to a higher demand. This means, zones such as inner-city neighborhoods, suburbs, and similar are highly populated and the house prices are high.
On the other hand, nowadays rural areas have a small population density because most people are not interested in living in rural areas as it would take more time to get to cities where jobs and major industries are. Similarly, the housing prices are lower because the demand or number of people interested in buying properties is lower, which makes general housing prices lower.
Assume that the risk-free rate is 3% and the required return on the market is 8%
. What is the required rate of return on a stock with a beta of 0.8%? Round your answer to two decimal places.
The required rate of return on a stock with a beta of 0.8% is 3.04%. To calculate the required rate of return on a stock with a beta of 0.8%, use the capital asset pricing model (CAPM). The CAPM formula is:
Required Rate of Return = Risk-Free Rate + Beta * (Market Return - Risk-Free Rate) Given: Risk-Free Rate = 3% ,Required Return on the Market = 8%,Beta = 0.8
Substituting the values into the formula:
Required Rate of Return = 3% + 0.8 * (8% - 3%)
Required Rate of Return = 3% + 0.8 * 5%
Required Rate of Return = 3% + 0.04
Required Rate of Return = 3.04%
Therefore, the required rate of return on a stock with a beta of 0.8% is 3.04%.
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PLEASE HELP ASAP::::
A tip employee’s earnings most closely resemble those of which of the following?
a.
An employee working on straight commission
b.
An employee working on commission plus salary
c.
An employee working on a piece-rate basis
d.
An employee working on a fixed salary
Please select the best answer from the choices provided
A
B
C
D
Answer: c. An employee working on a piece-rate basis
fashooo
visualizations are use to identify: (check all that apply). multiple select question. sources of cash sources of financing sources of customers investing activities
Visualizations are used to identify sources of cash, sources of financing, and sources of customers, but they are not specifically used to identify investing activities.
Visualizations are used to identify multiple aspects of the business. In the context of the terms provided, visualizations can be used to identify sources of cash, sources of financing, and sources of customers.
1. Sources of cash: Visualizations such as cash flow diagrams or graphs can help analyze and track the inflow and outflow of cash within a business.
By visualizing cash flows, businesses can identify the sources from which cash is generated, such as sales revenue, investments, or loans.
2. Sources of financing: Visualizations can also help identify the various sources from which a business obtains financing.
This can include equity financing, debt financing, or other forms of external funding. Visual representations, such as charts or diagrams, can assist in understanding the proportion and significance of each source of financing.
3. Sources of customers: Visualizations can aid in identifying the sources or channels through which a business acquires its customers.
By visualizing customer data, such as demographics or sales patterns, businesses can determine the effectiveness of different marketing strategies and target specific customer segments.
In summary, visualizations play a crucial role in identifying sources of cash, sources of financing, and sources of customers within a business.
They provide a visual representation that enables businesses to analyze and make informed decisions based on these key aspects.
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YO CAN YALL SEND HELP MY BRAIN ISNT WORKING TODAY
Which of the following statements are true of hacking? Check all of the boxes that apply.
-It is the practice of cutting network cables to damage a network infrastructure.
-It is the practice of finding weaknesses in a computer or computer network.
-It is always illegal.
-It is sometimes practiced by network security professionals.
Answer:
B and D
Explanation:
The statements true of hacking are
It is the practice of finding weaknesses in a computer or computer network.It is sometimes practiced by network security professionals.What is hacking?Computer hackers who are motivated by monetary gain engage in illegal conduct when they attempt to attack digital equipment like computers. This is known as hacking.
They start experimenting with different applications while they look for online instruction. Due to their inexperience and potential for initial perception as little more than an internet troll or beginner.
As opposed to building security systems, breaching them involves greater knowledge and skill. Hackers cannot be neatly grouped together according to any absolute standards in order to gain confidential information.
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Suppose you are employed and about to enrolled in philhealth. How will you evaluate reliability? What questions will you ask the compony?
Answer:
1. I will evaluate reliability by;
a. asking about the packages they offer
b. checking how long they have been in the business
c. interviewing other users to know how promptly they keep to processing claims
2. Questions I would ask the company include;
1. How competitive are you in the insurance industry?
2. What is your solvency like?
3. How capable are you to handle risks?
Explanation:
Philhealth is a national health insurance company in the Philippines that is meant to care for the insurance needs of people in the Philippines. They cater to several cadres of people which include;
the formal groupthe indigentsthe sponsored membersthe lifetime membersthe senior citizensand the informal economy.When an employer is offered health insurance under this platform, he would have to make the appropriate findings and ask the necessary questions such as the ones above before he becomes a client of the company.
Philhealth is an acronyms of Philippine Health Insurance Corporation
The Insurance co-operation provides service of Health Insurance which provides payment or reimbursement for one's health care costs as a result of surgeries, illness which makes one unable to work.I will evaluate the reliability of Philhealth by checking its review online and its financial record for the last year ended to asses its ability to afford compensation.
In conclusion, in the process of undertaking my Health Insurance policy, i will ask about the process to go through if any claim for heath insurance arises.
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