if your car's market value is $3,000 and the deductible for collision is $1,000. how much will the insurance company pay you if your car is totally damaged and cannot be repaired?
a)nothing
b)$2,000
c)$3,000
d)$1,000
e)an amount that is negotiable with the insurance company
Answers
b)$2,000. The insurance company will pay you the market value of the car minus the deductible.
In this case, the market value of the car is $3,000 and the collision deductible is $1,000, so the insurance company will pay you $2,000. This is because the collision deductible is the amount you must pay out of pocket before the insurance company will pay for any damages.
So, if the car is totaled and cannot be repaired, the insurance company will pay you the market value of the car minus the deductible. In this case, the insurance company will pay you $2,000.
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Related Questions
If your marginal propensity to consume is 0. 4 and you get an additional $300 in income, you would spend ________ on consumption.
Answers
Answer:
$120
Explanation:
.4 x 300 = $120
the MPC (Marginal propensity to consume) is essentially the same as saying this is how much of your additional income to spend. In this case, you spend .4 of your additional income. Multiplying .4 by $300 in additional income results in $120
distinguish between products tax and production tax
Answers
Answer:
Some examples of production taxes are land revenues, stamps and registration fees and tax on profession. Product taxes are paid on the actual volume of production. It is paid per unit of product. For example, excise duty, service tax, sales tax etc.
Melanie graduated from the College of Business at the University of Arizona. What type of higher education Institution did she attend?
OA.
A college
OB.
A university
Ос.
A technical school
OD. A professional school
Answers
A one-year forward contract is an agreement where
O One side has the right to buy an asset for a certain price in one year’s time.
O One side has the obligation to buy an asset for a certain price in one year’s time.
O One side has the obligation to buy an asset for a certain price at some time during the next year.
O One side has the obligation to buy an asset for the market price in one year’s time.
Answers
A one-year forward contract is an agreement where one side has the obligation to buy an asset for a certain price in one year’s time.
An asset is any resource held or managed by a business or profitable reality in the fiscal account. It's anything that has the implicit to give positive profitable value. means are power values that can be converted into currency.
A business's balance distance details the financial worth of the means possessed by that establishment. It protects plutocrats and other means belonging to an individual or to a business. There are two types of means physical means and impalpable means. Palpable means are divided into several orders, including current means and fixed means.
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Fruit preservation is he most important process for fruit grower. Give reason
Answers
Answer:
Fruits and vegetables are produced seasonally, but the market requires products throughout the year. For many decades, this problem of matching product availability with consumer demand was solved in two ways:
Selling fresh products during harvest and shortly thereafter
Processing the rest to meet demand during the rest of the year
Explanation:
Answer:
help jelp hell
Explanation:
lollollol
the presence of any of the following factors would suggest a switch to abc except whenselect answer from the options belowproduction managers are ignoring data provided by the existing system.the manufacturing process has changed significantly.overhead costs constitute a minor portion of total costs.product lines differ greatly in volume.
Answers
If any of the following factors are present, it would suggest a switch to ABC (activity-based costing) except for when production managers are ignoring data provided by the existing system.
The factors would suggest a switch to ABC (activity-based costing)The first factor is if the manufacturing process has changed significantly. This can affect the accuracy of the existing costing system and make it difficult to allocate costs properly.
The second factor is if overhead costs constitute a minor portion of total costs. ABC is particularly useful in identifying overhead costs and allocating them accurately to products or services.
Finally, if product lines differ greatly in volume, ABC can provide a more accurate cost allocation than traditional costing methods.
However, if production managers are ignoring data provided by the existing system, a switch to ABC may not be effective as it may also be ignored, rendering the entire exercise futile.
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Which type of organizational structure has multiple managers having authority over an employee
A.point structure
B.line structure
C.staff structure
D.functional structure
Answers
Answer:
I believe it’s line structure
Explanation:
What is political environment in a business? Please help
Answers
Political environment is the state, government and its institutions and legislations and the public and private stakeholders who operate and interact with or influence the system.
all of the following are characteristics of mcgregor's theory x except . a. people dislike work and try to avoid it b. people must be led because they have little ambition c. people are concerned mainly with security d. people have the ability to help accomplish an organization's goals e. managers must coerce, control, and threaten employees
Answers
Answer: d. people have the ability to help accomplish an organization's goals
What is the problem with exporting large amounts of central american agricultural products?.
Answers
The problem with exporting large amounts of central American agricultural products is that the countries cannot produce enough food to feed their own people.
The agricultural area available to the nations of Central America is insufficient for domestic consumption, exportation, and especially for large-scale exportation. As a result of this, the people in the country do not have enough food to eat.
Despite this, the large landowners who hold the majority of the fertile land export the majority of the goods. The development policies that have favoured agricultural production for export over production for local needs and intensive exploitation of natural resources for foreign exchange and short-term profit rather than for sustainable use are the root causes of the socioeconomic and ecological crisis in the Central American countries.
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Complete question is:
What is the problem with exporting large amounts of Central American agricultural products?
A. The countries cannot get a fair price for their products.
B.The countries cannot produce enough food to feed their own people.
C. The countries farms are at serious risk for droughts and hazardous weather.
D. The international market will not buy enough of the agricultural products.
"If a foreign government wishes to stabilize its currency because it has been falling against the U.S. Dollar, the government would:"
Answers
what's the question? is it the quote?
If a company mistakenly counts less items during a physical inventory than actually exist, how will the error affect the cost of merchandise sold?.
Answers
The error will be declared as overstated.
What is overstated?
If an account or a figure on an account is inflated, the amount represented on the financial statement will be more than it should be.
Auditors will question the board of directors of the corporation to explain why non-current assets in the accounts were exaggerated and not represented at their recoverable amount.
Preproduction expenses for the fiscal year 2010 were inflated by almost $4 million, totaling $55.4 million.
If an account or a figure on an account is inflated, the amount represented on the financial statement will be more than it should be.
The phrase "overstated" has two meanings when used by an accountant:
1. The reported sum is inaccurate, and
2. The amount that was reported exceeds what is true or accurate.
Another account will also have an inaccurate balance in a double-entry accounting or bookkeeping system.
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If a company mistakenly counts less items during a physical inventory than actually exist, how will the error affect the cost of merchandise sold?
Jan's Jams makes a credit sale for $300 with terms of 2/10,n/30. The cost of the merchandise is $200. The required journal entry to record the sale and the cost of the sale is: _________
a) debit Accounts Receivable $200; credit Sales $200;
b) debit Cost of Goods Sold $300; and credit Merchandise Inventory $300
c) debit Accounts Receivable $300; credit Sales $300;
d) debit Cost of Goods Sold $200; and credit Merchandise Inventory $200
e) debit Sales $300 and credit Cost of Goods Sold $300
f) debit Accounts Payable $300; and credit Sales $300
Answers
Answer: debt Accounts receivable $300; credit Sales $300; debit Cost of Goods Sold $200; and credit Merchandise Inventory $200
Explanation: see attachment for more help
The correct options are C and D respectively. The required journal entry to record the sale and the cost of the sale is debit Accounts Receivable $300; credit Sales $300; debit Cost of Goods Sold $200; and credit Merchandise Inventory $200.
What is the difference between accounts payable and accounts receivable?The terms "accounts payable" and "accounts receivable" refer to the same thing. Accounts receivables represent the money that customers owe your company, as opposed to Accounts Payables, which represent the money that your company owes to suppliers.
An's Jams makes a credit sale for $300 with terms of 2/10,n/30. The cost of the merchandise is $200. The following are required journal entries to pass debit Accounts Receivable $300; credit Sales $300; debit Cost of Goods Sold $200; and credit Merchandise Inventory.
Thus, the proper answers are C and D, respectively.
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Sort the ideas related to these two types of loans into the correct categories.
has more risk for the lender
Secured Loan
Unsecured Loan
is not backed with collateral
has less risk for the lender
can include a down payment
is backed with collateral
does not include a down payment
Secured loan
Unsecured loan
Answers
Answer:
Box 1
Can include a down payment
Is back with a collateral
Has less risk for the lender
Box 2
Is not backed with a collateral
Does not include a down payment
Has more risk for the lender
Explanation:on edge hope helps
Answer:
Box 1
Can include a down payment
Is back with a collateral
Has less risk for the lender
Box 2
Is not backed with a collateral
Does not include a down payment
Has more risk for the lender
Explanation:on edge hope helps
When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
Answers
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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what can i do if my total in cash account is not the same in credit and debit side?
Answers
Answer:
Consider which items are meant for debit and credit.
Explanation:
The principle of double entry States that for every debit entries, there must be a corresponding credit entries and vice versa. This principle follow suits when preparing ledger accounts and trial balance.
Trial balance is the arithmetrical accuracy of the ledger. Once double entry principle is adhered to, the trial balance must definitely balance.
Where there are differences, check that items which ought to be debited and credited are correctly done. Also check if correct amount is posted like avoiding transposition error.
What is a Product? (Give me one example)
Answers
You noticed a mistake: Your own records do not match the bank statement you just received.
Which option describes the steps you should take to solve this situation? Check all that apply.
Answers
You noticed a mistake that own records do not match the bank statement you just received. The steps need to take to solve this situation are:
Check my records first to see if the mistake is mineCall the bank after making sure my records are correctWhy should our bank statement be error free?Having an error-free bank statement is crucial for several reasons. Firstly, it ensures that the financial transactions are accurately recorded and that the balances and transactions reported on the statement are correct. This is important for individuals and businesses to maintain an accurate record of their financial activities, and to identify any discrepancies or fraudulent activities.
Secondly, an error-free bank statement can help to prevent overdrafts, insufficient funds, and other financial penalties that may result from inaccurate or missing transactions. Finally, a correct bank statement provides a clear picture of an individual's financial health and helps in making informed financial decisions.
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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.
Answers
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
Accountants must have strong ___ to visualize, communicate, and solve
both complex and uncomplicated problems.
A. analytical skills
B. organizational skills
C. math skills
D. communication skills
Answers
Answer:
Analytical skills
Explanation:
Accountants must have strong analytical skills to visualize, communicate, and solve both complex and uncomplicated problems. Thus, option A is correct.
Who is Accountants?An accountant is a person who manages the financial situation of the monetary transaction of a firm business or individual.
He maintains the money category, as well as the debit and credit whatever happens in the account, as it is necessary for a person to calculate in future the taxes to be given on the income which is earned.
An accountant must have strong analytical skills, as he or she needs to see through the concern analysis and information. This also me that she needs to be from as there is various reconciliation that might come with it and need to be adjusted. Therefore, option A is the correct option.
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Which level of government are Planning workers most likely to work for?
A) state
B) federal
C) local
D) international
Answers
The level of government is Planning workers most likely to work for local. Thus, the correct option is (C).
A single sovereign state's lowest levels of public administration are collectively referred to as "local government" in the United States.
When the word "government" is used in this context, it explicitly alludes to a level of bureaucracy that is geographically confined and has a set of responsibilities.
A variety of essential services for residents and companies in certain areas are handled by the local government.
Therefore, the correct option is "C".
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When there is a market failure, the market outcome is not socially optimal.
true or false?
Answers
Answer: True
Explanation:
At a socially optimal market outcome, the price of goods and services would incorporate all the costs and benefits of producing it including the third party benefits and costs known as Externalities.
When market failure occurs, it is because individual actions have resulted in an inefficient allocation of resources which means that the goods and services on offer will not adequately include the costs of producing gods and services. This is not a socially optimal outcome so the statement above is true.
congress debates a tax cut for three months. by the time it goes into effect, the recession is ending, and inflation results. what does this example illustrate?
Answers
The scenario illustrated, by the Congress on Tax cut is an example of policy lag.
What is Policy lag?Policy lag means the lag between the time an economic problem occurs (i.e. recession,inflation) and the effect of a policy intended to counteract it.
Here, the tax cut is expected to bring the economy out of recession, whereas, an inflation is occurring as a result of the policy lag.
Therefore, the scenario illustrated, by the Congress on Tax cut is an example of policy lag.
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a plaintiff in a high profile legal suit was offered the following out of court settlement: we the defendent will pay the lump sum of $150 to the plaintiff in exactly 4 years. or, alternatively, we will negotiate a lump sum payment today. according to time value of money, what lump sum amount today will have the same present value as the offered settlement if the interest rate of 4.2%? $
Answers
Answer: The lump sum amount today will have the same present value as the offered settlement if the interest rate of 4.2% is $110.85.
How do you calculate present value? Present Value = Future Value / (1 + r) where r is the interest rate and n is the number of years. Here, the future value of the out-of-court settlement is $150 and the time period is four years. Therefore, the present value can be calculated as follows:
Value = $150 / (1 + 0.042)4= $110.85Hence, the lump sum amount today will have the same present value as the offered settlement if the interest rate of 4.2% is $110.85.
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How does the outlook for this job influence decision to pursue it? Does the education required for this match your plans for high school?
Answers
The outlook for this job influence decision to pursue it Looking at process outlook whilst choosing a brand-new function to pursue is an crucial thing to making sure process security. The better the process outlook for that function, the much more likely you're to each locate and maintain a process in that field.
The education required for this match your plans for high school Having a plan in place in which college students can maintain music of those non-public learnings can assist similarly their very own development. For instance, they could file what mastering fashion pleasant fits them. For excessive college college students, this piece of records may be very beneficial in relation to deciding on a college.
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HELP QUICK WILL PICK BRAINLIEST
When you receive your paycheck, you should verify that the amounts are accurate. Which of these things should you do?
Calculate your wage to ensure the gross wages on your paycheck are correct.
Review your deductions for accuracy.
Subtract the total amount of deductions from your gross wages to determine the correct net wage to be paid.
all of the above
Answers
Answer:
all of the above
Explanation:
answered it on edg 2021 and got it correct
types of waves that can be plane polarized
Answers
QUESTION 3 [30 MARKS] (a) Cybernet Corporation is a company that manufactures Personal Computers. The company purchases 8,000 unit of microprocessors each year. The unit cost of each microprocessor is Rs 10, and the cost of carrying one processor in inventory for a year is Rs 3. Ordering cost is Rs 30 per order. Assume that the company operates on a 200-day working year. Calculate: (1) The optimal order quantity; (ii) The expected number of orders placed each year; and (iii) The expected time between orders (20 marks)
Answers
(i) The optimal order quantity is 358 units.
(ii) The expected number of orders placed each year is 23 orders
(iii) The expected time between orders is 8.95 days.
(a) The terms “optimal” and “order quantity” are related to the Economic Order Quantity (EOQ) model. The EOQ model is a mathematical model used to calculate the optimal order quantity that a company should order in order to minimize the cost of inventory.
The formula for calculating the EOQ is:
EOQ = √((2DS)/H), where D = Annual demand, S = Cost of placing an order, H = Cost of carrying one unit of inventory for one year
(i) The formula to calculate the optimal order quantity is: EOQ = √((2DS)/H)
Therefore, EOQ = √((2 x 8,000 x 30)/3)
= √(16 x 8,000)
= √128,000 = 357.77 units (rounded to the nearest whole number).
Therefore, the optimal order quantity is 358 units.
(ii) The expected number of orders placed each year can be calculated using the following formula:
Number of orders = Annual demand / Order quantity
Number of orders = 8,000 / 358
= 22.35 orders (rounded to two decimal places).
Therefore, the expected number of orders placed each year is 23 orders.
(iii) The expected time between orders can be calculated using the following formula:
Expected time between orders = Number of working days per year / Number of orders
Expected time between orders = 200 / 22.35 = 8.95 days (rounded to two decimal places).
Therefore, the expected time between orders is 8.95 days.
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16. Elvis is the owner of a furniture store in a small Southern town. He donated several hundred mattresses to the Red Cross immediately after hearing about the devastation caused in a neighboring state by a hurricane. He was motivated to do so by his desire to help others, by thoughts of the income tax deduction he could take, and by the recognition his store would receive from his act of charity. This is an example of
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Which type of bankruptcy leaves your credit report sooner?
Answers
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