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elena55 [62]
3 years ago
13

Coverage amounts for bodily injury and personal property liability are usually noted in a series of ____ numbers. a) 2 b) 3 c) 4

d) 5 2 Question 2 If waste is properly disposed in a littler container and the person is authorized by the proper public authority to use the container then waste may be disposed. a) True b) False 3 Question 3 Which type of insurance provides you with coverage if you suffer from theft or natural disaster
Business
1 answer:
Dmitriy789 [7]3 years ago
4 0

Coverage amounts for bodily injury and personal property liability are usually noted in a series of 3 numbers

<h3>What is Insurance?</h3>

This refers to the coverage that a person buys to protect himself in the case of an eventuality.

Hence, we can see that the type of insurance that provides you with coverage if you suffer from theft or natural disaster is auto insurance as the company would take over the cost of repairs.

Read more about insurance here:

brainly.com/question/25855858

#SPJ1

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A person has taken a loan of $6000.00 for a fixed annual interest rate of 6% for 5 years with no down payment. the monthly payme
Ilia_Sergeevich [38]
The formula for calculating the uniform monthly payments is as follows:
A=\frac{P(i*(1+i)^{n})}{(1+i)^{n}-1}
where 
P=amount borrowed=6000
i=monthly interest, equals APR/12=0.06/12=0.005
n=number of periods/months (number of years * 12)=5*12=60

Here, substituting numerical values,
A=\frac{6000(0.005*(1+0.005)^{60})}{(1+0.005)^{60}-1}
=$115.997
=$116.00 (to the nearest cent)

8 0
3 years ago
Folsom Fashions sells a line of women's dresses. The company uses flexible budgets to analyze its performances. The firm's perfo
Svetlanka [38]

Answer is below in attachment

Download docx
8 0
3 years ago
Schister Systems uses the following data in its Cost-Volume-Profit analyses: Total Sales $ 335,000 Variable expenses 184,250 Con
cestrela7 [59]

Answer:

New contribution margin = $180,900

Explanation:

Given:

Total Sales = $335,000

Variable expenses = $184,250

Contribution margin = $150,750

Fixed expenses = $107,000

Net operating income = $43,750

Find:

New contribution margin if sales volume increases by 20%

Computation:

New sales = 335,000 x (1+20%)

New sales = $402,000

New variable expenses = $184,250 x (1+20%)

New variable expenses = $221,100

New contribution margin = New sales - New variable expenses

New contribution margin = $402,000 - $221,100

New contribution margin = $180,900

8 0
3 years ago
hich of the following is NOT one of the six questions that comprise the task of evaluating a company's resources and competitive
Vadim26 [7]

Answer:

The correct answer is "What are the company's most profitable geographic market segments?"

Explanation:

In order to research on the companys' resource and competitive position, a researcher does not need to ask questions related to the geographic market segments.

Geographic market segments refer to the geographical spread of the market of a company.

I hope the answer is helpful.

Thanks for asking.

4 0
3 years ago
Piedmont Company segments its business into two regions—North and South. The company prepared the contribution format segmented
pychu [463]

Answer:

Piedmont Company

1. Computation of the Companywide break-even point:

Break-even point = Fixed Cost/Contribution per margin

= $215,000/$27 = 7,963 units

2. Computation of the break-even point in dollar sales for the North region:

Break-even point in dollar sales = Fixed Costs/Contribution margin percentage

= $107,500/30% = $358,333

3. Computation of the break-even point in dollar sales for the South region:

= $107,500/60% = $179,1667

Explanation:

a) Data

Piedmont Company Contribution format segmented income statement as shown:

                                      Total Company            North             South

Sales                                 $ 675,000              $ 450,000     $ 225,000

Variable expenses              405,000                  315,000           90,000

Contribution margin           270,000                  135,000          135,000

Traceable fixed expenses  150,000                   75,000            75,000

Segment margin                 120,000               $ 60,000         $ 60,000

Common fixed expenses    65,000                  32,500             32,500

Net operating income      $ 55,000                $27,500           $27,500

NB: The common fixed expenses must be shared in some way to calculate the break-even points.

b) Total fixed costs:

Company-wide = $215,000 ($150,000 + 65,000)

North = $107,500 ($75,000 + 32,500)

South = $107,500 ($75,000 + 32,500)

c) We assume that the sales unit of 5,000 each for the two regions.  Total units = 10,000

d) Contribution per margin:

Company-wide = $270,000/10,000 = $27

North = $135,000/5,000 = $27

South = $135,000/5,000 = $27

e) Contribution margin percentage:

= Contribution/Sales x 100

Company-wide = $270,000/$675,000 x 100 = 40%

North = $135,000/$450,000 x 100 = 30%

South = $135,000/$225,000 x 100 = 60%

f) The break-even point is the quantity of sales that must be achieved for the fixed costs to be fully covered and no profit or loss is recorded.  It is the point at which fixed costs are equal to the contribution.  The contribution is the difference between the sales value and the variable costs.

7 0
3 years ago
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