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o-na [289]
1 year ago
12

if the insured must rent a car because his was stolen, what is the maximum dollar amount of coverage available under the commerc

ial auto policy?
Business
1 answer:
Firdavs [7]1 year ago
5 0

If the insured must rent a car because his was stolen,the maximum amount of protection permitted by the commercial auto policy in terms of money is $600

Insurance
This policy also provides coverage for loss or damage to the insured vehicle and its accessories as a result of: Lightning, a fire, an explosion, or self-ignition. stealing, housebreaking, or burglary. strike and riot.

If your stolen car is not recovered, the insurance provider will make a payment equal to its current market value, or Insured Declared Value, or IDV. Only individuals with personal damage or comprehensive auto insurance are eligible for coverage in this circumstance.

To learn more about Insurance
brainly.com/question/25740123
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Sea Company reports the following information regarding its production cost. Units produced 47,000 units Direct labor $ 40 per u
ratelena [41]

Answer:

Unitary variable cost= $95

Explanation:

Giving the following information:

Direct labor $ 40 per unit

Direct materials $ 33 per unit

Variable overhead $ 22 per unit

<u>The variable costing method incorporates all variable production costs (direct material, direct labor, and variable overhead).</u>

Unitary variable cost= 40 + 33 + 22

Unitary variable cost= $95

6 0
3 years ago
On January 1, 2020, Pina Corporation sold a building that cost $263,240 and that had accumulated depreciation of $101,140 on the
Firlakuza [10]

Answer:

Gain from sale = $23,067

Explanation:

the none interest bearing note must be recorded at present value:

present value of the note = face value / (1 + r)ⁿ

  • face value = $253,240
  • r = 11%
  • n = 3

PV = $253,240 / (1 + 11%)³ = $185,167

the note receivable must be recorded at $253,240, but $68,073 will be recorded as interest revenue.

the journal entry for the transaction should be:

January 1, 2020, sale of a building:

Dr Notes receivable 253,240

Dr Accumulated depreciation 101,140

    Cr Building 263,240

    Cr Interest revenue 68,073

    Cr Gain from sale 23,067

8 0
3 years ago
In addition to​ risk-free securities, you are currently invested in the Tanglewood​ Fund, a​ broad-based fund of stocks and othe
Murrr4er [49]

Answer:  6.29%

Explanation:

Required return = Risk free rate + beta ( expected return - risk free rate)

Beta.

= Correlation * \frac{Volatility of venture}{Volatility of fund} \\\\= 0.16 * \frac{0.8117}{0.2636} \\\\= 0.493

Required return = 3.63% + 0.493(9.03% - 3.63%)

= 6.29%

7 0
3 years ago
Which of the following may occur as a result of a increase in the price of cell phones?
MatroZZZ [7]
I would say a
<span>.increase in supply</span>

7 0
3 years ago
Read 2 more answers
About the Lagrangian method, select the correct statement: We can use it to solve consumer's utility maximization problems, but
mezya [45]

Answer:

About the Lagrangian method,

We can use it to solve both consumer's utility maximization and firm's cost minimization problems.

Explanation:

Lagrangian method is a mathematical strategy for finding the maxima and the minima of a function subject to equality constraints.  Equality constraints mean that one or more equations have to be satisfied exactly by the chosen values of the variables.  Named after the mathematician, Joseph-Louis Lagrange, the basic idea behind the Lagrangian method is to convert a constrained problem into a Lagrangian function.

8 0
2 years ago
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