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3 years ago

What is the key feature in basic automobile insurance ?

Business

1 answer:

tensa zangetsu [6.8K]3 years ago

3 0

Ordinarily, the automobile insurance includes<u> 4 basic features. </u>

The first one is the body bodily injury coverage - which covers the fee of medical expense, lost wags or pain, etc. which you may have to suffer from when you are injured in accident.

The second one is the property damage coverage. As in some situation, you may cause accident leading to damage of other vehicle or property. This feature of insurance would help you to pay for these expense to compensate.

The third feature is comprehensive coverage. This is optional in your insurance and it would cover the expense on repair in case of fire or natural disaster, theft, etc.

The last one is collision coverage, which support the fee of repair of vehicle due to the crash with other vehicle.

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Finished goods inventory is $182,000. If overhead applied to these goods is $75,000, and the overhead rate is 120% of direct lab

Sedaia [141]

Answer:Direct Material cost To the nearest whole dollar becomes $45,000

Explanation:

Given that Total cost in the finished goods inventory = $182,000

Total cost = Direct Material cost + Direct Labor cost + Overhead rate cost

But Overhead rate cost = 120% of labor cost

Since Over head cost = $75,000

Direct labor cost = $75,000/ 120%=$62,500

Total cost = Direct Material cost + Direct Labor cost + Overhead rate cost

$182,000 = Direct Material cost+ $62,500+ $75,000

Direct Material cost = $182,000 - ( 62,500+75,000)

Direct Material cost = $182,000 -$137,500

Direct Material cost = $44,500

To the nearest whole dollar becomes $45,000

8 0

3 years ago

suppose that there were 25 people who had a reservation price of 500 and the 26th person had a reservation price of 200 what wou

jek_recluse [69]

Answer:

The demand curve would be a downward straight line graph.

Explanation:

This type of curve is referred to as inelastic demand curve because the decrease in price would not result to an increase in quantity purchased as explained by the question. Majority of the reservation, precisely 25 people from the question are willing to pay reservation proce of 500 as compared to one person whose reservation is different.

5 0

4 years ago

Suppose the japanese yen exchange rate is ¥73.47 = $1, and the british pound exchange rate is £1 = $1.53.

sineoko [7]

Answer: Cross-rate can be found by using the given formula ,

$¥73.47 = $1\\£1 = $1.53$

So,

$£1 = $1.53 $1 = \frac{£1}{1.53} $1= £0.6536$

Substituting this into the exchange rate for Yen and dollars, we get

$¥73.47 = $1 ¥73.47 = £0.6536$

$¥73.47/0.6536 = £1 ¥112.4082=£1$

Cross-rate in terms of Yen per Pound is 112.41

b. If cross-rate is $¥115=£1$ , this means that Yen is quoted high relative to pound. So, the arbitrage profit per dollar will be,

Suppose we take a a loan for $1 and buy £0.6536. Then we use the pounds to purchase yen at the cross-rate, so we have

£0.6536 (¥115/£1) = ¥75.164

Now, we replay the loan in dollars by exchanging Yen back to dollars. The cost to repay will be:

¥75.164($1/¥73.47) = $1.02305

Your arbitrage profit is $0.02305 per $1 used.

5 0

3 years ago

To get a job as a web content manager at Glentap, an e-commerce site, one must be organized and excellent at meeting deadlines,

meriva

Answer:

Option D is the right answer. The company will conduct a personality test to select the right candidate.

Explanation:

The Glenap is an e-commerce organization, and they believe that organized and hardworking candidate is likely to succeed at the job and these skills cannot be developed through training. In order to assess the capability of a candidate to meet the deadlines and how hardworking a candidate is, the personality test is the right technique to pick the right person for the job.

4 0

3 years ago

Locally manufactured Bubbles is a popular brand of detergent in Germany. However, with the entry of a foreign multinational into

Licemer1 [7]

Answer:

The best way for the producer of Bubbles to differentiate itself from the foreign multinational is to create a specific market focus or niches for itself.

Explanation:

By creating a dedicated and specific market niche, the producer of bubbles have a specific target market out of the whole market whom they can influence consequently differentiating themselves from the multinationals.

3 0

3 years ago