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stich3 [128]
4 years ago
7

Which of the following is the correct minimum coverage that you must have for Property Damage Liability?

Business
1 answer:
In-s [12.5K]4 years ago
3 0
Property damage liablity is a type of coverage that incurred if you damage other people's vehicle.The amount of minimum coverage that you must have for property damage liablity (PDL) would be differ depending on which state where you lived in.
But on average, the amount of minimum coverage is around  $10,000. 
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West Side Medical Supply is in trouble. In the past two years, Fred Schultz, the owner, suddenly lost 26 percent of his business
Alexus [3.1K]
Fred Schultz, the owner of the West Medical Supply had lost 26 percent of his business. The cause of the lost was because of the two drug stores and close local hospital. In order for Fred to redeem his lost and to gain more, he needs to do some research on demographic changes. By this, he may be able to determine the population and to figure out where and how he can go through with his business.
Answer: D
7 0
4 years ago
a project with an initial cost of 63800 is expected to generate annual cash flow of 16580 for the next 6 years what is the Proje
patriot [66]

We have:

Initial cost (PV) = 63800

Annual cash flow (Pmt) = 16580

N = 6

Since the cash flows are conventional in nature, we can use the following formula to calculate the IRR:

PV = Pmt x PVIFA(N, R)

63800 = 16,580 x PVIFA (6, R)

PVIFA (6, R) = 3.84800965

Solving for R using PV of annuity table, we get R= 9.4162%

Therefore, Internal rate of return would be 9.4162%.

3 0
3 years ago
Barbara owes arturo $2,000. on july 1, arturo assigns the debt to charles. thereafter on july 15, arturo assigns the same right
Alecsey [184]

Answer:

c.under the english rule, dennis has priority.

Explanation:

English rule is define as a an assessment related to a lawyer's fees when a litigation takes place.

The party that loses a case is obligated to.pay the legal fees of the other party.

On the other hand the American rule requires each party to pay it's own legal fees.

Beneficial ownership of a debt can be assigned, even though legal ownership cannot be assigned. An equitable assignment takes precedence over legal assignment.

In this scenario Dennis receives assignment of a debt from Charles, and is not aware of the first assignment (Arturo to Charles), so he is given priority

7 0
3 years ago
Shale Remodeling uses time and materials pricing. It is setting prices for next year using the following information: Labor rate
lorasvet [3.4K]

Answer:

45%

Explanation:

Annual material purchase                                         $1,206,250

Material purchasing, handling and storage cart      $241,250

Material purchasing, handling and storage % on          20%

material purchase ($241,250/$1,206,250*10)

Target profit margin                                                         25%

Material markup per dollar of material used              45%

8 0
3 years ago
Which of the following statements is true regarding the relationship of education to income?
Deffense [45]
B is correct better job better money
6 0
3 years ago
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