Suppose jill johnson operates her pizza restaurant in a building she owns in the center of the city. similar buildings in the neighborhood rent for $4,000 per month. jill is considering selling her building and renting space in the suburbs for $3,000 per month. jill decides not to make the move. she reasons, "i would like to have a restaurant in the suburbs, but i pay no rent for my restaurant now, and i don't want to see my costs rise by $3,000 per month." what do you think of jill's reasoning?

3. describe the purpose of the sec. (1-4 sentences. 2.0 points)

Kimberly has been jonah in preparing his personal income tax forms for a couple of years. jonah's boss recommended kimberly because she had done a good job setting up the company's new accounting system. jonah is very satisfied with kimberly's work and feels that the fees she charges are quite reasonable. kimberly would be classified as a(n) (a) independent auditor (b) private accountant (c) public accountant (d) accounting broker

An insurance company estimates the probability of an earthquake in the next year to be 0.0015. the average damage done to a house by an earthquake it estimates to be $90,000. if the company offers earthquake insurance for $150, what is company`s expected value of the policy? hint: think, is it profitable for the insurance company or not? will they gain (positive expected value) or lose (negative expected value)? if the expected value is negative, remember to show "-" sign. no "+" sign needed for the positive expected value