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3 years ago

Boris cannot afford his current car insurance payments. How can he most easily lower them?

2 answers:

8 0

C. Buying a cheaper car because with a cheaper car the insurance payment will be less because the "insurance" in the ar will be lower lol

vredina [299]3 years ago

4 0

C. buy a cheaper car

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Designs by Candice is a graphic design studio specializing in logos and business stationery. Candice has just made a $69,300 inv

borishaifa [10]

Answer:

Designs by Candice

Her costs include:

Costs of materials, labor, overheads.

Then in charging her customers she would include the profit target of $7,623 (representing 11% of her capital investment).

Explanation:

As a graphic design studio, Design by Candice would buy stationery and design materials, including 3D printers and other software. Candice would also incur labor costs on those doing the design proper. There are also manufacturing overheads, including rent, utilities, etc. and not to forget other indirect costs like selling and marketing and administrative expenses.

7 0

3 years ago

The Carla Vista Acres Inn is trying to determine its break-even point during its off-peak season. The Inn has 50 rooms that it r

SashulF [63]

<u>Solution and Explanation:</u>

Breakeven point = Fixed cost divide by Contribution margin

Contribution margin = Sales minus Variable cost.

Fixed cost

Particular Amount

Salaries $5000

Utilities $1100

Depreciation $1200

Maintenance $780

Total Fixed cost = $8,080.

Variable cost =Maid services plus Other cost = $7 plus $13 = $20

Contribution = $40 minus $20 = $20.

Breakeven point in number = $8080 divide 20 = 404 rented rooms per month.

Breakeven point in $ = Breakeven point rented rooms × rent cost.

=> 404 rooms multiply $40 = $16,160.

8 0

3 years ago

The following accounts were taken from the Adjusted Trial Balance columns of the end-of-period spreadsheet: Accumulated Deprecia

ludmilkaskok [199]

Answer:

all the given figures are wrong but i explained the correct procedure.

Explanation:

INCOME STATEMENT

Fees earned 17400

Expenses:

Depreciation expense 1300

Insurance expense 400

Supplies expense 3800 5500

Net Income 11900

Therefore, The Net income for the period is $11900.

3 0

3 years ago

First National Bank of America has more than 75% of its assets in first residential fixed-rate mortgages that mature in more tha

iris [78.8K]

Answer:

2. Interest income will drop by less than $3 million for a sudden 1% drop in market interest rates

Explanation:

Since in the question it is mentioned that there is decrease in 2021 interest income of $3 million in the case when there is a sudden decline of 1% in the rate of interest of the market this is due to the convexity of the curve as the GAP analysis and assume straight line

So the option 2 is correct

7 0

3 years ago

Is the law and order in the United States really so bad that there is no one in the city center after 9 p.m?

svet-max [94.6K]

The law and order at the city center after 9 p.m is to ensure a safe and secure city for the occupants.

<h3>What is a law and order?</h3>

This refers to a situation where the laws of a country are being obeyed and been enforced on the citizens by the police or army.

In the city centers, the law and order are intended to ensures orderliness and a crime free society, hence, the police could order a curfew at 9pm in order to have a secure control of the city.