What is the expected loss per worker

Assignment Help Financial Management

Reference no: EM131944885

1. Which of the following statement is correct?

a. All the answers are incorrect.

b. Dividends reduces the book value of gross assets to give the firm's net investment in plant and equipment.

c. Goods produced but not sold are considered accounts receivable.

d. On the balance sheet, the firm’s assets are listed in order of their liquidity.

e. Long-term liabilities are liabilities that are due within one year.

2. Assume Lilly Eli & Co is faced with one source of business risk as worker's injury. The probability of worker injury is 0.04 and when the accident (injury) happens, the losses from a worker's injury has medical expenses of $4,000 and lost pay expenses of $50,000. What is the expected loss per worker?

a. $3,240

b. none of the answers is correct

c. $727

d. $2,160

e. $1,944

Reference no: EM131944885

Questions Cloud

How the concept could apply to your chosen profession : Describe how the concept could apply to your chosen profession. Explain how you would use the mathematical concept and provide example(s) of situations.

Write a report of a business project for host organization : CX770011 Industry Project and CX770001A Internship Project. You are to write a report of a business project for your host organization, discuss your findings

What do you think about the whig interpretation of history : If you look specifically at late 17th century England, what do you think about the Whig interpretation of history or constitutionalism?

Provide your interpretation of the relationship : Provide your interpretation of the relationship between those being observed. Be very discrete and do not have a conversation with those being observed.

What is the expected loss per worker : Assume Lilly Eli & Co is faced with one source of business risk as worker's injury. What is the expected loss per worker?

How the product is positioned to reach the target customer : Select an advertising campaign on TV (or some other media). Explain how the product is positioned to reach the target customer and solve the prospect's problem.

Provide an example of summative assessment : Assessment - Summarise how many areas of the curriculum there are e.g. Science, The Arts etc - Make sure you also look at the Levels tab for the area you have

What were the purposes and methods of cultural revolution : What were the purposes and methods of the Cultural Revolution? How did it turn out in reality? What impact did it have on the lives of the participants?

What are the 3 new features in 2012 r2 is important : What are the features of Group Policy provided by Windows Server 2012 R2? What are the 3 new features in 2012 R2 is important?

User Account

All Pages