To get a more accurate estimate, it's best to compare quotes from different insurance providers and to consider factors such as deductibles, discounts, and other coverage options.
By shopping around and comparing prices, you can find the best coverage at the most affordable price.
Assuming you are referring to liability insurance, the coverage amount of 10/20/5 means that the policy would cover up to $10,000 for bodily injury liability per person, up to $20,000 for bodily injury liability per accident, and up to $5,000 for property damage liability per accident.
With that in mind, a 21-year-old, single man who owns his car can expect to pay a higher premium than an older, married man with a clean driving record.
According to recent statistics, young male drivers are considered to be a higher-risk group than older drivers, which means they are likely to pay more for car insurance.
While it's difficult to estimate the exact premium without knowing more details about the driver and their vehicle, it's safe to assume that a 21-year-old, single man who owns his car and purchases insurance in the amount of 10/20/5 can expect to pay a relatively high premium.
This is due to the higher risk associated with their age group and gender.
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If total fixed costs are unchanged while variable costs and sales price increase by the same amount per unit, what happens to the break-even point?
If total fixed costs increases while the variable costs and sales price are kept unchanged, the break-even point will increase, and therefore more units will be sold to break-even quantity.
Break-even analysis describes the process of calculating as well as examining the margin of safety for any entity which is based on the revenues collected and associated costs.
In the other words, the break even analysis shows how many sales are required to pay for the cost of doing business.
Analyzing different price levels at the various levels of demand, the break-even analysis determines which level of sales are necessary to cover the company's total fixed costs.
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A variable can be called or referenced before it has been defined.
O True
O False
Answer:
True.
Explanation:
QUESTION 6 of 10: You had five designers work 45, 40, 36, 42 and 37 hours respectively. What is the average number of hours they worked?
a) 39
b) 40
c) 41
d) 42
Answer:
B) 40
Explanation:
use the mean formula,
sum of data / number of data
Which best describes inserting a table using the Table Gallery?
The user can click on Insert Table.
There are many options on how to include a table.
The user can make a quick selection of the number of rows and columns present.
The user can click to use an Excel spreadsheet.
Answer:
2
Explanation:
the history of the textile industry raises important questions for economic policy. true false
The history of the textile industry raises important questions for economic policy. its true .
The methods for determining tax rates, government spending, the money supply, and interest rates, as well as the labor market, national ownership, and many other areas of government interventions in the economy, are all included in the concept of the economy of governments. The majority of economic policy elements fall into one of two categories: monetary policy, which deals with central bank activities related to the money supply and interest rates, or fiscal policy, which deals with government actions related to taxation and spending. International organizations like the International Monetary Fund and the World Bank, as well as political ideologies and the ensuing party policies, frequently have an impact on such policies.
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Felicity earns $39.990 per year in take-home pay. What is the most money a
housing expert would advise her to spend on a monthly mortgage payment?
A. $987.24
B. $3990.00
C. $833.13
D. $666.50
Answer:
C. $833.13
Explanation:
Home experts advocate for the 28/36 rule. As per this rule, total household expenditure on debts, including mortgages, should not exceed 36 % of monthly gross income. Monthly spending on mortgages should not exceed 28% of monthly income.
Felicity annual income = $39,990
Monthly income = $39,990/12
monthly income =$3,332.50
The maximum amount to be spent on mortgages
= 28% of $3,332.50
=28/100 x 3,332.50
=$933.1
Felicity should not spend more than $933.1 on the mortgage alone
From the options provided, $833.13 should be the recommended amount
Benny surveyed a group of individuals from diverse backgrounds regarding his company's latest advertisement. He found that the part that most of the individuals remembered about the advertisement was the joke. Which feature of advertisements have the individuals in bennys survey group depicted ?
Answer:
B). Ad recall
Explanation:
The 'ad recall' feature of the advertisement is being displayed in Benny's survey group as it aims to evaluate the number of people who remembered the latest advertisement of his company within the two days of the display. The survey primarily aims to check how memorable was their advertisement to the people to check if the advertisement was effective enough and able to create desired impact or not. Thus, option B is the correct answer.
Answer:
B. ad recall
Explanation:
For all Plato users
Offering a discount to customers who fill out a satisfaction survey is considered by marketing research firms to be _____.
Offering a discount to customers who fill out a satisfaction survey is considered by marketing research firms to be an incentive or a form of reward to encourage participation and increase survey response rates.
Marketing research firms often strive to collect valuable feedback from customers through surveys to gain insights into customer satisfaction and preferences. To motivate customers to participate in these surveys, offering a discount can serve as an incentive or reward. By providing a financial benefit or reduced cost, customers are more likely to take the time to complete the survey, increasing the response rate and improving the overall quality of data collected. This approach recognizes the value of customers' time and opinions and aims to create a win-win situation where customers benefit from the discount, and the firm gains valuable insights to enhance their marketing strategies and improve customer satisfaction.
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Who wrote the letter titled "Bank Meeting"?
Question 1 options:
Alexander Rees
Arlo Rees
Arthur Rees
Aluminum Rees
Answer:
Alexander Rees ,...........
The person who wrote the letter titled "Bank meeting" is A. Alexander Rees.
Who is Alexander Rees?In problems involving environmental, safety, and health issues, D. Rees Alexander advances his clients' goals in a thoughtful and innovative manner. His practice encompasses all facets of environmental law, including matters under the Clean Water Act, Clean Air Act, Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA), Safe Drinking Water Act, and Toxic Substances Control Act (TSCA), as well as common law toxic tort matters.
He has extensive experience in litigation, transactional matters, and regulatory/policy advocacy. Therefore, based on the information, the correct option is A.
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Haver Company currently produces component RX5 for its sole product. The current cost per unit to manufacture the required 57,000 units of RX5 follows. Direct materials $ 5.00 Direct labor 9.00 Overhead 10.00 Total costs per unit $ 24.00 Direct materials and direct labor are 100% variable. Overhead is 80% fixed. An outside supplier has offered to supply the 57,000 units of RX5 for $20.00 per unit. Required: 1. Calculate the incremental costs of making and buying component RX5.
Answer
Making the product 922,000
Buying the product 1,140,000
Explanation:
Total Incremental Costs of:
Making the Units Buying the Units
Direct Material295,000 (5*57000)
Direct Labor 513,000
(9*57000)
Overhead 114,000
(10-(10*80%)*57000
Purchase Price 1,140,000 (20*57000)
Total Costs 922,000 1,140,000
Answer:
To Make Incremantal Costs = $ 912,000
To Buy Incremental Costs = $ 1,140,000
Explanation:
incremental costs of making and buying component RX5
To Make Incremantal Costs
Direct materials $ 5.00 × 57,000 units 285,000
Direct labor $9.00 × 57,000 units 513,000
Overhead $10.00 × 20% × 57,000 units 114,000
Totals 912,000
To Buy Incremental Costs
Purchase Price $20.00 × 57,000 units 1,140,000
Totals 1,140,000
Note : Fixed Overheads have been excluded as they are incurred whether or not the Haver Company makes or buys the component RX5. Thus not incremental.
Any two feature of business
Answer:
buying and selling ,profit motive
marr is 6% annual effective. if the marr is 6% annual effective, explain how you would decide between these two alternatives
To decide between two alternatives with a 6% annual effective Minimum Acceptable Rate of Return (MARR), we would compare the net present value (NPV) of each alternative. The alternative with the higher NPV would be the preferred choice.
The Minimum Acceptable Rate of Return (MARR) represents the minimum rate of return that an investment or project must generate to be considered acceptable. In this case, with a MARR of 6% annual effective, we need to evaluate the alternatives based on their potential returns.
To make a decision between the alternatives, we would calculate the net present value (NPV) for each alternative. NPV measures the difference between the present value of cash inflows and outflows associated with each alternative.
We would discount the cash flows of each alternative using the MARR of 6% to bring them to their present value. Then, we would subtract the initial investment or cost from the present value of cash inflows to calculate the NPV.
The alternative with the higher NPV would be considered more favorable because it generates a higher return above the MARR.
By comparing the NPVs, we can determine which alternative provides a higher potential return and is more likely to meet or exceed the 6% MARR.
Selecting the alternative with the higher NPV ensures that the investment or project is expected to deliver a greater value and is therefore a better choice based on the specified MARR.
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Which of the following financial institutions does not take customer
deposits?
A. Investment bank
B. Credit union
C. Commercial bank
D. Savings bank
Option (A) Investment bank is correct.
Investment bank does not take customer deposits.
What meant by Investment bank?Investment banks are financial institutions that sell their services and act as a middleman in complex transactions like mergers or a startup's initial public offering (IPO). They are also capable of acting as brokers or financial advisers for significant institutional clients like pension funds.
Investment banks do not accept deposits; rather, they help individuals, groups, and governments raise money by issuing securities. Investment companies, often known as mutual fund companies, pool money from institutional and ordinary investors to offer them access to a greater variety of assets. While some financial institutions take deposits, others only offer particular banking services. These non-depository financial institutions include brokerage houses, finance companies, insurance companies, and pension funds. They provide services to both people and companies.
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variable costs are the costs that are incurred to build factories and assembly plants. are independent of the amount of output produced. stay fixed with the quantity of output produced. vary with the quantity of output produced.
Variable costs are the costs that are incurred to build factories and assembly plants vary with the quantity of output produced
An expense for the company that varies according to how much is produced or sold is called a variable cost. Depending on a company's production or sales volume, variable costs rise or fall. They rise as production rises and fall as production declines.
But not all variable costs are related to direct expenses. For instance, variable overhead costs in manufacturing are variable expenses that are indirect costs rather than direct costs. Because they change depending on how many units are produced, variable costs are also known as unit-level costs.
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The maximum outstanding balance you should have on a credit card is called: ______________
The maximum balance that should be kept on a credit card is referred to as the "credit limit."
What is the credit limit?The term "credit limit" refers to the maximum balance that should be carried on a credit card.
The greatest amount of credit that a financial organization will grant a customer is referred to as the credit limit.
On a credit card or line of credit, a lending institution extends a credit limit.
Credit limitations are often set by lenders using the information provided by applicants for credit.
A credit line that has been maxed out has reached or exceeded its credit limit.
This cap is determined by a number of variables, such as a person's capacity to pay interest, a business's cash flow, or a person's capacity to pay off the credit card debt, and it is the consumer's responsibility to pay it just like all other expenses.
Therefore, the maximum balance that should be kept on a credit card is referred to as the "credit limit."
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.What are some potential difficulties that you might encounter when doing business in the Chinese market?
Answer:
The answer is below
Explanation:
There are various potential difficulties one might encounter when doing business in the Chinese market. Some of which are:
1. Intellectual property issue: this is an area of business that is known to be one of the big issues in China. It is reported that a lot of inventors have problems in protecting their inventions, as many other competitors can just pick the invention idea and build on it without sanctions.
2. Governmental challenges: there is a huge issue of lack of transparency and corruption in China, most especially against foreign business owners.
3. Market Access: because of the diverse and big difference in consumers' consumption habits and distribution operations in China compared to other countries, most especially non-Indochina countries, will make the market access difficult for foreign business.
4. Consumer preference: consumers' preference in China is reported to be different and distinct compared to what is obtained outside China. Hence, foreign business owners will find it challenging to cope.
5. Bureaucracy: to obtain necessary licenses and permits in china requires going through a long process, which may even be more delayed to foreign business owners.
explain the role of finance in business
Answer:
FINANCE is the function in a business responsible for acquiring funds for the firm, managing funds within the firm, and planning for the expenditure of funds on various assets. ... FINANCIAL MANAGEMENT is the job of managing a firm's resources so it can meet its goals and objectives.
Writing Information related to Mingenback Company for 2020 is summarized below.
Total credit sales $2,500,000
Accounts receivable at December 31 875,000
Bad debts written off 33,000
Instructions
a. What amount of bad debt expense will Mingenback Company report if it uses the direct write-off
method of accounting for bad debts?
b. Assume that Mingenback Company estimates its bad debt expense based on 6% of accounts receivable. What amount of bad debt expense will Mingenback record if it has an Allowance for Doubtful
Accounts credit balance of $3,000?
c. Assume the same facts as in (b), except that there is a $3,000 debit balance in Allowance for Doubtful
Accounts. What amount of bad debt expense will Mingenback record?
d. What is the weakness of the direct write-off method of reporting bad debt expense?
A- Direct write-off method: $33,000 bad debt expense.
b. 6% of accounts receivable with $3,000 credit balance: $52,500 bad debt expense.
c. $3,000 debit balance in Allowance for Doubtful Accounts: No additional bad debt expense.
d. Weakness of direct write-off method: Failure to match expenses with revenues, violating the matching principle.
a. Calculation for bad debt expense using the direct write-off method:
Bad debt expense = Bad debts written off = $33,000
b. Calculation for bad debt expense based on 6% of accounts receivable:
Bad debt expense = 6% of accounts receivable = 6% * $875,000 = $52,500
c. Calculation for bad debt expense when there is a $3,000 debit balance in Allowance for Doubtful Accounts:
Since there is a debit balance in the Allowance for Doubtful Accounts, it indicates that the existing balance is sufficient to cover the estimated bad debts. Therefore, no additional bad debt expense needs to be recorded.
d. The weakness of the direct write-off method of reporting bad debt expense is that it does not match expenses with revenues in the period incurred. Under this method, bad debts are only recognized when they are actually written off, which can result in significant time lags and distortions in the financial statements. It fails to provide an accurate representation of the company's financial position and performance. Additionally, it does not adhere to the matching principle of accounting, which requires expenses to be recognized in the same period as the related revenues. As a result, the direct write-off method is generally not accepted for financial reporting purposes and is primarily used for tax reporting or for small businesses with insignificant bad debt amounts.
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PLEASE ANSWER QUICK!!! I WILL GIVE BRAINLIEST AND 50 POINTS!!!
The answer is number 4
..
Match the different account heads to the two aspects of business.
Answer:
See below
Explanation:
Match Source A
The business owns:
Are assets that belong to the business.
investments
intangible assets
Property, Plant, and Equipment
Current assets
Match source B
Match owes :
Refer to the liabilities of the business. They belong to others.
loans
payable
your marketing dashboard shows sales performance by sbu, which is an example of a ____.
Your marketing dashboard shows sales performance by SBU, which is an example of a metric.
In marketing, a metric is a measurable value that is used to evaluate and track the performance of a specific aspect of a marketing campaign, strategy, or initiative. Metrics are often used in marketing dashboards to provide a visual representation of the data, allowing marketers to quickly analyze and understand the results.
A marketing dashboard is a tool that provides a real-time overview of the performance of a company's marketing activities, campaigns, and initiatives. It usually includes various metrics that are relevant to the specific goals and objectives of the organization. SBU, or strategic business unit, is a separate unit within a larger organization that has its own strategy, objectives, and budget.
Sales performance by SBU is an example of a metric that measures the revenue generated by each unit. This metric can be used to evaluate the effectiveness of each SBU's marketing campaigns, identify areas of improvement, and allocate resources based on the performance.
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Application of science and research the human life environments
Vertical Integration is when a company _____________.
Answer:
Vertical integration is when a company owns or controls its suppliers, distributors or retail locations to control its value or supply chain
he government increasing/decreasing its spending and/or increasing/decreasing tax rates would have to do with ________________. *
Answer:
Fiscal policies
Explanation:
Fiscal policies are the actions of the government of adjusting taxes and expenditure to achieve desired macroeconomics objectives. The government's spending and taxation activities have a great influence on the level of economic activities in the country.
The government has the objective of maintaining stable prices, a low inflation rate, a low unemployment rate, and steady economic growth. Through its various agencies, the government receives data showing the parameters of each of the macroeconomic variables. Depending on the state of the economy, the government adjusts taxes and spending to achieve desired objectives.
HELP ASAP!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
About which activity or aspect of the distribution function does David need more guidance?
David works as a warehouse employee for a business that manufactures kitchenware. The utensils and other items that the business manufactures are extremely delicate. Recently, David dropped some expensive glassware when he was loading the items in a truck. David’s manager has decided to provide him better guidance about an important aspect of distribution, which is BLANK.
Answer: I think it’s marketing
Explanation:
What is an example of a musical work?
A musical theater script
The playlist used for a pop radio station
The design of a particular musical instrument
The sheet music of a popular movie soundtrack
Answer:
sheet music of a popular movie soundtrack
Answer:
nhd wdbbdbdbdhduwdhbdubdjkdn9uwdhdbddknd
Explanation:
how do product managers manage their product mix
Answer:
sorry if this dosent help
Explanation:
Considering the leap from being a product manager to a leadership role, but not sure what’s involved in managing product managers? You’re smart to look into this. The responsibilities of product leadership and the skills required, are very different those of a product manager.
Managing product managers can be an exciting and rewarding career. But before we jump into the details, here’s one key point that might change your perspective.
A buyer with a 30-year, $750,000 loan at a 5.75% interest rate has a monthly principal and interest payment totaling $4,376.80. if $3,593.75 is interest, how much is applied to principal?
$783.05 is applied to principal for $750,000 loan at a 5.75% interest rate has a monthly principal and interest payment totaling $4,376.80.
given data:
Principal loan = $750,000
Monthly principal = $4,376.80
Interest payment = $3,593.75
the formula will be:
principal applied = Principal loan - ( Monthly principal - Interest payment)
= $750,000 - ( $4,376.80 - $3,593.75)
= $783.05
In addition to the principle amount, the lender will charge the borrower an interest rate. Given the time worth of money, a person who deposits money in a bank or other financial institution also makes more money, known as interest, which is paid to the receiver. In relation to the amount lent, deposited, or borrowed, the amount of interest payable each period is expressed as an interest rate (called the principal sum). The total amount of interest on a loaned or borrowed sum is determined by the principle amount, the interest rate, the frequency of compounding, and the period of time during which it is lent, deposited, or borrowed.
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scale is not as important as style when decorating a room
A. True
B. False
Answer:
b
Explanation:
once a style is chosen all pieces should be in the designated style
According to the Small Business Administration, the percentage of businesses that
survive the first five years is about
Answer:
50%
Explanation: