Answer: $1,955
Explanation:
First remove the deductible of $800 from the amount:
= 3,100 - 800
= $2,300
The Insurance company will then pay 85% of this amount:
= 85% * 2,300
= $1,955
Answer:
A - "15 y/o"
or
B - "19 y/o"
(There are two types of this question for just choose which one is on it)
It shows you're trustworthy and banks will be more willing to loan you money
Answer:
Explanation:
Giving the following information:
The company’s sales and expenses for last month follow: sales 616,000 net operating income 31,200
Break-even point= fixed costs/ contribution margin
Break-even point (dollars)= fixed costs/ contribution margin ratio
Contribution margin= selling price - unitary variable cost
Contribution margin ratio= contribution margin/ selling price