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Sati [7]
3 years ago
15

Eleanor paid an annual premium of $2,000 in total coverage for her homeowner's insurance, including $250,000 in damage coverage

and $250,000 in liability coverage. Six years into her policy, a tree fell on Eleanor's home and caused $40,000 worth of damage. Eleanor's insurance company paid the claim. Did the cost of the benefit of transferring the risk to the insurance company outweigh the cost of the premium? (5 points)
Business
1 answer:
erastovalidia [21]3 years ago
3 0

Answer:

Yes, the benefit of transferring the risk to the insurance company did outweigh the cost of paying insurance premiums.

During six years Eleanor paid $2,000 per year in insurance premium, totaling $12,000. After the tree damaged Eleanor's house, the cost of the repairs was $40,000, which is much higher than $12,000.

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To compete in the automobile​ market, Tesla must make many strategic decisions such as whether to introduce a new car​ model, ho
bagirrra123 [75]

Answer:

Explained

Explanation:

At​ Tesla's Fremont, California​ plant, managers must decide on the monthly production quantities of their S and X models. In making this​ decision, the managers must face a trade-off, because producing more of one model means producing less of the other. So, there need to an optimum balance between production of model S and X and too will depend upon the demand in the market once, the variants are launched.

6 0
4 years ago
During the current year, Tachnic, Inc., made cash sales of $289,000 and credit sales of $472,000. During the year, accounts rece
guajiro [1.7K]

Answer:

(a1) $761,000

(a2) $504,000

(a3) $793,000

Explanation:

(a-1) Amount of net sales reported as revenue in the income statement:

= Cash sales + Credit sales

= $289,000 + $472,000

= $761,000

(a-2) Amount of cash received from collecting accounts receivable:

= Credit sales + Decrease in accounts receivable

= $472,000 + $32,000

= $504,000

(a-3) Amount of cash received from customers:

= Cash sales + Amount of cash received from collecting accounts receivable

= $289,000 +  $504,000

= $793,000

6 0
3 years ago
hich of the following is not one of the assumptions of the basic EOQ model? Annual demand requirements are known. Lead time does
Tatiana [17]

Answer:

Quantity discounts are available

Explanation:

The Economic Order Quantity model is a model that helps define an order quantity of inventory with minimum costs. It is a model that serves as a base for order calculations because it bases itself on calculating without any variables where everything is constant. With that in mind, everything will be the same. The demand will be the same. Delivery Time will be the same. And, to answer the question, the unit price will also be the same no matter the volume ordered aka there is no discount available.  

3 0
3 years ago
What is the difference between a government and a state
nadezda [96]

Though here are few differences between State and Government, State is a sovereign authority. While Government uses the sovereign authority of the state as an element. ... State is a larger entity is includes all individuals, associations and institutions that exist within its territorial boundaries.

6 0
4 years ago
Read 2 more answers
Type the correct answer in the box. Spell all words correctly. Which view in a presentation program displays your slides in full
Mariulka [41]
<h3><u>Answer:</u></h3>

The view in a presentation program displays your slides in full-screen mode is Slide Show view

<h3><u>Explanation:</u></h3>

Practice the Slide Show view to present your presentation to your viewers. Slide Show view engages the entire computer screen, precisely the form your display will view on a big screen when your viewers perceive it. One can guide to the SlideShow view from the taskbar at the base of the sliding window.

When in Slide Show view in PowerPoint, click the screen with your mouse to progress within the slides in your presentation. Alternatively, touch the “Space” bar on your keyboard to progress into the slide show.

8 0
4 years ago
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