Let x be the damage incurred (in $) in a certain type of accident during a given year. possible x values are 0, 1000, 5000, and 1, with probabilities .8, .1, .08, and .02, respectively. a particular company offers a $500 de ductible policy. if the company wishes its expected profit to be $100, what premium amount should it charge?

How do primary and secondary industries differ

Which of the following statements is true? a job costing system will have a separate work in process account for each of the major processes. a process costing system will have a single work in process account. a process costing system will have a separate raw materials account for each of the major processes. a process costing system will have a separate work in process account for each of the major processes.

Boone brothers remodels homes and replaces windows. ace builders constructs new homes. if boone brothers considers expanding into new home construction, it should evaluate the expansion project using which one of the following as the required return for the project?