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3 years ago

Which statement BEST describes costs typically associated with policies for auto, health, and property insurance?

Business

2 answers:

Ahat [919]3 years ago

6 0

The answer is: A) As deductibles decrease, policy costs tend to increase.

Deductibles refers to the amount of money that the insured had to pay before receiving benefit from the insurance company. If you sign a contract with lower deductibles, the amount of money usually would be allocated to the policy cost that you have to pay each months.

serg [7]3 years ago

4 0

The answer is A because I got it right lol

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Drudgen Fitness Inc. is a fitness equipment provider that markets its products through a chain of retailoutlets in four states.

Anarel [89]

Answer:

4) buying and installing new computers in the new outlets

Explanation:

The five component model of information systems includes what a company needs to create is IT infrastructure and it includes:

people: I firmly believe that people are the most important component of any system, at least until AI replaces us.
hardware: refers to the equipment needed (e.g. computers, etc.)
software: includes both system (windows or linux) and applications software (e.g. ERP software)
database: the place where collected data is stored, e.g. physical storage devices or cloud storage
network: the connections needed for different hardware to work together, e.g. cables, routers, internet service

8 0

3 years ago

Indicate whether each of the following is a finalâ€‹ good, an intermediateâ€‹ good, or neither.

butalik [34]

Answer:

1. Coffee beans purchased by a coffee shop -- intermediate good.
2. One share of Google stock -- neither.
3. A new pick-up truck purchased by a consumer -- final good.
4. A new home purchased by a family -- final good.

Explanation:

An intermediate good is a semi-finished good that is used as the inputs of the production and makes them sell and buy the goods. While the final good is one that is finished in processing and is ready to be consumed and those goods that are present in a stocks firm are not used and neither is been developed are google stocks.

7 0

3 years ago

Saira's Maid Service began the year with total assets of $120,000 and stockholders' equity of $40,000. During the year the compa

Whitepunk [10]

Answer:

$110,000

Explanation:

Calculation for How much was stockholders' equity at the end of the year

Beginning balance of stockholders' equity $40,000

Add net income $90,000

Less the dividends paid ($20,000)

Ending stockholders' equity $110,000

Therefore How much was stockholders' equity at the end of the year is $110,000

5 0

3 years ago

Cool Logos buys logo-imprinted merchandise and then sells it to university bookstores. Sales are expected to be $ 2 comma 003 c

Scrat [10]

Answer:

Cost of Goods Sold Budget

October November

Cost of Goods Sold $1,568,000 $1,664,600

Inventory Budget

October November

Total $752,920 $772,800

Purchase Budget

October November

Budgeted Purchases $2,259,320 $2,397,880

Explanation:

Cost of Goods Sold Budget

Gross Profit Margin = 30% therefore Markup is 70%

October November December

Sales $2,240,000 $2,378,000 $2,520,000

Cost of Goods Sold (70%) $1,568,000 $1,664,600 $1,764, 000

Inventory Budget

October November

Base Amount $420,000 $420,000

Based on Sales (20%) $332,920 $352,800

Total $752,920 $772,800

Purchase Budget

October November

Budgeted Sales $2,240,000 $2,378,000

Add Budgeted Closing Inventory $752,920 $772,800

Total Purchases Needed $2,992,920 $3,150,800

Less Budgeted Opening Inventory ($733,600) ($752,920)

Budgeted Purchases $2,259,320 $2,397,880

September Closing Stock is October`s Opening Stock

Therefore September Closing Stock = $420,000 + $1,568,000 × 20%

= $733,600

6 0

3 years ago

William pays his $500 premium every 6 months for automobile insurance with collision coverage. His deductible is $750. William c

snow_lady [41]

William will pay a total of $750 out of pocket for both cars to be fixed.

The other car is covered by the property damage portion of his insurance, so it is covered 100% by the insurance company and there is no deductible or amount that William needs to pay. William’s car will be covered by the collision portion of his insurance. He is responsible for paying the $750 deductible and the insurance company will pay the remaining $50.

3 0

3 years ago