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4 years ago

With a DUI charge on a drivers record ______________.

2 answers:

7 0

DUI stands for Driving Under Influence of drugs or alcohol.a prior conviction for driving under the influence (DUI) will result in higher car insurance rates. So, with a DI charge on a drivers record the price of his pr her insurance greatly increases. (A) Driving drunk i riskly and insurance companies do not like risk. For them the gerater the risk , the higher the insurance.

n200080 [17]4 years ago

5 0

I believe the answer is: D. Both A and C

As a general rule of thumb, the price of insurance tend go lower if a person do not have any troubles with the law and financially stable. People with DUI charge are perceived as some one that is reckless and possess high risk of obtaining the clause that would create a certain amount of financial loss to the insurance company.

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The following selected transactions were completed by Fasteners Inc. Co., a supplier of buttons and zippers for clothing:

Reil [10]

Answer:

20Y3

Nov. 21 :

Debit Notes receivable $66,000

Credit Accounts receivable $66,000

(To recognize notes receivable iro past due account)

Dec. 31:

Debit Interest revenue $161.33

Credit Interest receivable $161.33

(To record accrued interest on notes receivable)

Jan. 20:

Debit Cash $66,880

Credit Notes receivable $66,000

Credit Interest receivable $880

(To record payment of note and interest on Nov. 21 notes)

Explanation:

Note receivable is a promissory note with a written promise made by the borrower to the lender (payee) to pay a certain, definite sum at a specified date.

Interest revenue on the notes is calculated as: Principal x Interest Rate x Time

In this case, the total interest expense is $66,000 x 8%/12 x 2 months = $880.

Total interest expense to the Company as at December 31 is therefore $880 / 60 days x 11 days = $161.33.

8 0

3 years ago

Heath Food Corporation’s bonds have 7 years remaining to maturity. The bonds have a face value of $1,000 and a yield to maturity

joja [24]

Answer:

8.55%

Explanation:

For computing the current yield first we have to determine the present value by applying the present value formula which is shown below:

Given that,

Future value = $1,000

Rate of interest = 8%

NPER = 7 years

PMT = $1,000 × 9% = $90

The formula is shown below:

= -PV(Rate;NPER;PMT;FV;type)

After solving this, the present value is $1,052.06

Now the current yield is

= PMT ÷ PV

= $90 ÷ $1,052.06

= 8.55%

3 0

3 years ago

Kurt leased a small building and converted it into a hockey supply shop. He had assumed that he could run a successful business

salantis [7]

Answer:

The correct answer is letter "E": undercapitalization.

Explanation:

Undercapitalization refers to the situation in which an organization is unable to generate enough funds to cover its expenses. This leads to companies being unable to pay their creditors, thus, they have no other option but to request for loans to keep the business up and running. Small companies are frequently undercapitalized.

8 0

4 years ago

More and more schools are requiring students to wear uniforms. This means that more uniforms must be produced. Describe how the

timofeeve [1]

Answer:

The demand for uniforms Increase by shift to the right, it cause the price increase, therefore the supplies increase and move upward.

Explanation:

8 0

4 years ago

Losing money and working long hours are what for an entrepreneur. a. Realities b. Disincentives c. incentives

Flura [38]

REALITIES

Losing money and working long hours are realities for an entrepreneur.

Starting a business is very challenging. You must be financially sound and very brave to overcome obstacles that may stop you from being successful as an entrepreneur.

That is why business proposal and studies are done to see whether starting up a business is a good and profitable idea in any given environmental factors.

6 0

3 years ago

Read 2 more answers