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Brums [2.3K]
3 years ago
12

San Ruiz Interiors provides design services to residential and commercial clients. The residential services produce a contributi

on margin of $450,000 and have traceable fixed operating costs of $480,000. Management is studying whether to drop the residential operation. If closed, the fixed operating costs will fall by $370,000 and San Ruiz’ income will:
Business
1 answer:
Sliva [168]3 years ago
8 0

Answer:

If closed the operating income  will decrease by 50,000

Is a better scenario to continue with the residential sercives

Explanation:

<em><u>current scenario:</u></em>

contribution margin 450,000

Fixed Cost 480,000

net loss 30,000

<em><u>drop scenario:</u></em>

contribution margin = 0

fixed cost 450,000-370,000 = 80,000

net loss (80,000)

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True.

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4 0
2 years ago
wayne incurs a $2,000 medical bill. if his health policy has a $1,000 deductible and an 80/20 coinsurance percentage, how much w
Valentin [98]

In a situation where Wayne incurs a $2,000 medical bill, and if his health policy has a $1,000 deductible and an 80/20 coinsurance percentage, the insurer will pay an amount of $800. Therefore, the option C holds true.

<h3>What is the significance of coinsurance?</h3>

A coinsurance can be referred to or considered as the system of insurance in which the insurer pays a predetermined proportion of losses or repairs incurred against the happening of an insured event.

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Therefore, the option C holds true and states regarding the significance of a coinsurance.

Learn more about a coinsurance here:

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The question seems to be incomplete. It has been added below for better reference.

Wayne incurs a $2,000 medical bill. If his health policy has a $1,000 deductible and an 80/20 coinsurance percentage, how much will the insurer pay?

a) $1,000

b) $1,200

c) $800

d) $1,800

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