For the year ending december 31, 2020, waterway company accumulates the following data for the plastics division which it operates as an investment center: contribution margin—$669,900 budget, $685,225 actual; controllable fixed costs—$298,200 budget, $303,200 actual. average operating assets for the year were $2,065,000. prepare a responsibility report for the plastics division beginning with contribution margin for the year ending december 31, 2020. (

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