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Andreyy89
4 years ago
9

A teenage driver crashes her​ parents' minivan into an office​ building, causing​ $85,000 in damage to the building. The automob

ile liability insurance limits are​ 100/250/75. How will the damages be allocated between the driver and the insurance​ company?
Business
1 answer:
bulgar [2K]4 years ago
7 0

Answer:

The driver will pay $10,000, because the insurance company can pay max $75,000 as regulated in term "insurance limit 100/250/75"

Explanation:

the insurance limit 100/250/75 coverage, which translates into $100,000 coverage per person for bodily injury, including death, that you cause to others; $250,000 in  bodily injury per accident; and property damage up to $75,000.

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What are the positive feedbacks for NEWS ANCHORS?
Alisiya [41]

Answer:

Excellent verbal, written, improvisational, and interviewing skills are imperative. Add to those qualities persistence and objectivity, physical stamina, being a team player, projecting a professional image, and having a knowledge of social media. News anchors also need to be able to think on their feet.

4 0
3 years ago
Colton Gentry of Lancaster, California, has owned his home for ten years. When he purchased it for $178,000, Colton bought a $16
vovikov84 [41]

Answer and Explanation:

The computation is shown below:

a. The percentage of loss covered is

= Bought price of insurance policy ÷ purchase price × 100

= $160,000 ÷ $178,000 × 100

= 89.89%

b. The dollar amount of loss covered is

= Percentage of loss covered × suffered amount

= 89.89% × $23,000

= $20,674.70

c. For reimbursement of the fire loss the amount should be equal to the replacement cost of the home i.e $300,000. It is fully reimbursed

We simply applied the above formula

5 0
3 years ago
Kelfour Enterprises has divided its operations into two divisions. Relevant accounting data for each division is as follows: Div
HACTEHA [7]

Answer:

Option D is Correct.

All of the above statements are true.

Explanation:

The supervisor of the Western division is probably going to dismiss an idea to have the assets contributed her area of expertise - > in light of the fact that their current ROI is MORE than her ROI when contributing the assets  

The chief of the Eastern division is probably going to acknowledge an idea to have the assets contributed his specialization. Since their current ROI is LESS than her ROI when contributing the assets.

The CEO of Kelfour is probably going to support having the assets put resources into the Western Division. Since their current ROI is MORE express gratitude toward East's current ROI.

3 0
3 years ago
g you are shopping for a new refrigerator and the salesperson tells you get a better deal with the energy efficient model (becau
disa [49]

Answer:

It will take 1996 hours (83 days) to make up the difference in price.

Explanation:

Giving the following information:

Efficient model= 1200

Standard model= 1005

Price difference= $195

Efficient model= 195 Wh= 0.195Kwh (runs 10% of the time)

Standard model= 335Wh= 0.335Kwh (runs 25% of the time)

Electricity costs 0.12 an hour

Cost per hour:

Efficient model= (0.195Kwh*0.10)*0.12= 0.00234

Standard model= (0.335*0.25)*0.12= 0.10

Cost per hour difference= 0.10 - 0.00234= 0.0977

cost difference= cost per hour* number of hours

195= 0.0977*X

1996= X

It will take 1996 hours (83 days) to make up the difference in price.

4 0
3 years ago
A company's return on assets (ROA) can be disaggregated to reveal which of the following: (Select all that apply)
Alenkinab [10]

Answer:

b. Asset Turnover &

d. Profit margin.

Explanation:

Return on asset (ROA) simply shows a percentage of how profitable companies assets are in generating the revenue. It is calculated as:

= \frac{Net income}{Total assets}

However, if we further break it down, we can write it as follows:

= \frac{Net income}{Sales} * \frac{Sales}{Total Assets}

Both formulas Represent the same things.

But, the ratio of Net income to Sales is known as the Profit margin- A degree to which company makes money. Here, we can see how the ROA can be broken down in terms of profit margin.

Also, the ratio of Sales to Total asset is know as the Asset Turnover- a measure of company's use assets in generating the sales.

Hence, we can say that the ROA can  be dis aggregated to reveal the Asset Turnover and the Profit margin.

8 0
4 years ago
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