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3 years ago

What happens if you don't pay your car insurance premium for your vehicle?

Business

2 answers:

spayn [35]3 years ago

8 0

You are not insured. its ok to drive without car insurance but it's good to have car insurance

sasho [114]3 years ago

6 0

If you do not pay your car insurance premiums for your vehicle, then you are not insured. It's important to have car insurance because if you get in an accident, your insurance company will help you pay for the damage on your vehicle and/or on someone elses. Whe you do not carry insurance, if you have to pay for something regarding your vehicle, the expenses are all out of pocket expenses and can add up very quickly.

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Describe at least two advantages a large company has over a smaller company

Sliva [168]

a larger company can seem more reliable to some people and often times large companies can run smaller ones out of buisness

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3 years ago

Read 2 more answers

What is plasticity? How does it apply to development?

yulyashka [42]

The ability of an organism to change in its environment. It applies to development by environmental interactions and neural changes influenced by learning.

8 0

4 years ago

You are the beneficiary of a life insurance policy. The insurance company informs you that you have two options for receiving th

hoa [83]

Answer:

You need to have in mind that you are looking at the present value because the lump sum is worth $50,000 today. You need to compare the present for 10 years of your life would be worth today.

So:

FV=0

N=10 X 12=120

PMT= 641

I=6.5% / 12= 0.5417%

Solve for PV= $56,451.91 (is larger than $50,000)

7 0

3 years ago

A company issues $100,000 face value, zero-coupon, 4-year U.S. corporate bonds on January 1, 20XO, when the market rate for simi

aivan3 [116]

Answer:

Amount = Maturity/(1+risk rate)⁴

Amount = $100,000/(1+0.12)⁴

Amount = $63,552 (Approx)

Interest payable = $63,552 x 0.12

Interest payable = $7,626 (Approx)

Interest payable (2nd period) = ($63,552+$7,626) x 0.12

Interest payable (2nd period) = $8,541 (Approx)

Explanation:

JOURNAL ENTRY

BOOKS OF (.....)

Date Account title Debit Credit

Cash a/c Dr $63,552

To Bonds payable a/c $63,552

1st-period

Bond Interest a/c Dr $7,626

To Bonds payable a/c $7,626

2nd-period

Bond Interest a/c Dr $8,541

To Bonds payable a/c $8,541

6 0

3 years ago

Which of the following statements is most correct?(a) The primary test of feasibility in a reorganization is whether every claim

ss7ja [257]

Answer:

The correct answer is letter "E": To a large extent, the decision to dissolve a firm through liquidation versus keeping it alive through reorganization depends on a determination of the value of the firm if it is rehabilitated versus the value of its assets if they are sold off individually.

Explanation:

Liquidation refers to the termination of an enterprise and the transfer of its properties to the creditor or business owners. The liquidation most frequently happens in the context of a bankruptcy. A bankruptcy trustee must sell the company properties to the creditors and split the proceeds.

<em>The decision of keeping a business against liquidating it will depend on the comparison between the value of continuing operating which relies on the current value the firm has in the market against the value of the individual assets the firm has. Whichever greater will determine if the business will remain open or if it will be closed.</em>

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3 years ago