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jeka57 [31]
3 years ago
6

Reducing alcohol-related crashes in florida by 10% would save more than $__________ million in claims payments and loss adjustme

nt expenses.
Business
2 answers:
DiKsa [7]3 years ago
7 0

Answer:reducing alcohol-related crashes in Florida by 10% for save More than millions in claims payments and loss adjustment expenses

Explanation:

Andrei [34K]3 years ago
3 0
I believe the answer is $180 million.
This amount took around 17% of the total amount of insurance claim that happened within the state.
This high amount is correlated to the fact that Florida containt a lot of tourist night clubs/bar which increase the likelihood of drunk driving activities.
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Sea Company reports the following information regarding its production costs: Units produced 42,000 units Direct labor $35 per u
laiz [17]

Answer:

$82.5 per unit

Explanation:

Given that,

Units produced = 42,000 units

Direct labor = $35 per unit

Direct materials = $28 per unit

Variable overhead = $17 per unit

Total Fixed overhead = $105,000

Product cost per unit under absorption costing:

= Direct labor + Direct materials + variable overhead per unit + (Total fixed overhead ÷ Units produced)

= $35 + $28 + $17 + ($105,000 ÷ 42,000)

= $35 + $28 + $17 + $2.5

= $82.5 per unit

8 0
3 years ago
The demand for grape-flavored Hubba Bubba bubble gum is likely a. inelastic because there are many close substitutes for grape-f
PolarNik [594]

Answer:

b.

hope this helps.

or maybe not.

3 0
3 years ago
An increase in promotional budgets has:
babymother [125]

Answer:

d) Diminishing returns starting around $2 million

Explanation:

The promotional budget affects awareness, so increasing the budget brings attention the product on market leading to more costomers demanding it and altemately increaseign the diminishing returns.

7 0
3 years ago
Given that spending for a certain household will always include a base amount of $1000/month, and that additional spending is eq
White raven [17]
With the straight line equation, we can assume y = household spending, x is the income earned monthly, and b would be the base amount spent per month ($1000). m = 1/2 of the income that is spent (additional spending).
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y = 1/2($income) + $1000 
7 0
3 years ago
Problem 24-01 Liquidation Southwestern Wear Inc. has the following balance sheet: Current assets $1,875,000 Accounts payable $37
Softa [21]

Answer:

1. Proceeds from sale of assets $ 4,000,000

2. First mortgage, paid from sale of assets 0.00

3. Fees and expenses of administration of bankruptcy 276,250

4. Wages due workers earned within 3 months prior to filing of bankruptcy petition 0.00

5. Taxes 0.0

6. Unfunded pension liabilities 0.00

7. Available to general creditors $3,723,750

Distribution to general creditors

Claim (1) =$1,875,000

Application of 100% Distribution(2)=$1,875,000

After Subordination Adjustment

(3)=$1,875,000

Percentage of Original Claims Received

(4)=$1,875,000

Explanation:

Calculation for how much will each class of investors receive if a total of $4 million is received from sale of the assets

1. Proceeds from sale of assets $ 4,000,000

2. First mortgage, paid from sale of assets 0.00

3. Fees and expenses of administration of bankruptcy 276,250

4. Wages due workers earned within 3 months prior to filing of bankruptcy petition 0.00

5. Taxes 0.00

6. Unfunded pension liabilities 0.00

7. Available to general creditors $3,723,750

Distribution to general creditors:

Claims of General Creditors

Notes payable

Claim (1) 750,000

Application of 100% Distribution

(2) 750,000

After Subordination Adjustment

(3) 750,000

Percentage of Original Claims Received

(4) 100%

Accounts payable

Claim (1) 375,000

Application of 100% Distribution

(2) 375,000

After Subordination Adjustment

(3) 375,000

Percentage of Original Claims Received

(4) 100%

Subordinated debentures

Claim (1) 750,000

Application of 100% Distribution

(2) 750,000

After Subordination Adjustment

(3) 750,000

Percentage of Original Claims Received

(4) 100%

TOTAL

Claim (1) $750,000+ 375,000+750,000=$1,875,000

Application of 100% Distribution

(2)$750,000+ 375,000+750,000=$1,875,000

After Subordination Adjustment

(3)$750,000+ 375,000+750,000=$1,875,000

Percentage of Original Claims Received

(4)$750,000+ 375,000+750,000=$1,875,000

3 0
3 years ago
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