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3 years ago

If you cause a car accident, which type of insurance will require you to pay the least out of pocket

2 answers:

5 0

If you cause a car accident, which type of insurance will require you to pay the least out of pocket: B.Low deductible plan

<h3>Further explanation</h3>

Deductible is the amount you pay for covered health care services before your insurance plan starts to pay. For example the $2,000 deductible pay. In this case you pay the first $2,000 of covered services yourself. After you pay the deductible, you usually pay only a copayment for covered services. There are two kinds of deductible plan such as low deductible plan and high deductible plan. Plan type affects your eligibility to use a health savings account (HSA) The high deductibles tend to have lower premiums, whereas the low deductible tend to have higher premiums. Plans with higher deductibles tend to have lower monthly premiums than lower deductibles.

If you cause a car accident, which type of insurance will require you to pay the least out of pocket: B.Low deductible plan. It means if the health insurance plans carry a lower deductible, when you get sick, you pay less money up front before your plan starts paying

<h3>Learn more</h3>

Learn more about deductible plan brainly.com/question/1845375
Learn more about insurance brainly.com/question/11467163
Learn more about car accident brainly.com/question/3100499

<h3>Answer details</h3>

Grade: 8

Subject: business

Chapter: insurance

Keywords: deductible plan, insurance, car accident, pocket, pay

WARRIOR [948]3 years ago

3 0

A low deductible plan is the type of insurance that will require the driver to pay less out of pocket. If a person has a high deductible plan, the out of pocket payment would be a lot higher. A low deductible plan has much higher premiums that must be paid. The high deductible insurance has much lower premiums. After a wreck that is caused by the driver, most insurances will raise the premiums paid. Unless you with an insurance company that accident forgiveness plans. The correct answer to this question is B. Low Deductible Plan.

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An increase in u. S. Interest rates relative to german interest rates would likely ____ the u. S. Demand for euros and ____ the

Naya [18.7K]

An increase in US. Interest rates relative to German interest rates would likely reduce the u. S. Demand for euros and increase the supply of euros for sale.

<h3>What is the impact of an increase in interest rate on a country's currency?</h3>

When the interest rate of a country's currency increases, the value of that currency increases. As a result, there would be an increase in the demand for that currency relative to other currencies.

When the US interest rates increase relative to that of Germany, the value of the dollar would increase. This would lead to an increase in the demand for the dollar and a decrease in demand for the euros.

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6 0

3 years ago

"A high-ranking officer of ABC Corporation owns 10,000 shares of ABC Corporation control stock that she wishes to sell under the

LuckyWell [14K]

Answer: $9,000

Explanation:

Rule 144 is a regulation that governs the trading of restricted, unregistered, and control securities and is enforceable by the SEC.

Under the rule, the person, as an officer of the ABC Corporation is limited to selling the higher of 1% of the Outstanding stock the company has or the average weekly trading volume over the preceding 4 weeks.

1% of the outstanding 900,000 shares is;

= 1% * 900,000

= 9,000 shares

This is higher than the average weekly trading volume over the preceding 4 weeks so this is the maximum permitted sales figure.

3 0

4 years ago

Sue sells authentic Amish quilts on her website. Suppose Sue expects to sell 3 comma 000 quilts during the coming year. Her aver

e-lub [12.9K]

Answer:

(A) 1,200 Margin of Safety_{units}

(B) 330,000 Margin of Safety_{usd}

Explanation:

(A)

$Sales \: Revenue - Variable \: Cost = Contribution \: Margin$

275 - 150 = <u>125 CM per unit</u>

$\frac{Fixed\:Cost}{Contribution \:Margin} = Break\: Even\: Point_{units}$

$\frac{225,000}{125} = 1,800 = Break\: Even\: Point_{units}$

${units \: sold- BEP_{units} = margin \: of \: safety_{units}$

3,000 - 1,800 = 1,200 Margin of Safety_{units}

HOW? we Calculate the contribution per unit. Then the BEP in units and with that the margin of safety in units.

(B)

$\frac{Contribution Margin}{Sales Revenue} = $Contribution Margin Ratio$

125/275 = 0.45454545 = <u>5/11 CM ratio</u>

$\frac{Fixed\:Cost}{Contribution \:Margin \:Ratio} = Break\: Even\: Point_{dollars}$

225,000/(5/11) = 495,000 BEP USD

${current \:sales - BEP_{USD} = margin \: of \: safety$

825,000-495,000 = 330,000 Margin of Safety_{usd}

HOW? we Calculate the contribution ratio by dividing CM over sales. Then the BEP in dollars and with that the margin of safety in dollars.

<em><u>Important:</u></em> When posible to avoid rounding errors express as fraction iof posible

(C)

$\frac{current \:sales - BEP_{USD}}{current \:sales} \times 100 = margin \: of \: safety$

$\frac{330,000}{825,000} \times 100 = margin \: of \: safety$

Margin of Safety 40%

8 0

3 years ago

Neutrino Industries stock trades at $49 per share and there are 120 million shares outstanding. The management would like to rai

Gelneren [198K]

Answer:

Neutrino Industries must sell <u>8.68 million shares</u> to raise $400 million.

Explanation:

To calculate this, let B represents the number of shares Neutrino Industries must sell. Therefore, we have:

Gross proceeds = $49 * B, or $49B

Underwriter charges = 6% * $49B = $2.94B

To raise $400 million, we deduct the underwriter charges from gross proceeds and solve for B as follows:

$49B – $2.94B = $400,000,000

$46.06B = 400,000,000

B = 400,000,000 / 46.06

B = 8,684,324.79 shares, or 8.68 million shares.

Therefore, Neutrino Industries must sell <u>8.68 million shares</u> to raise $400 million.

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4 years ago

If a competitive firm can sell a bushel of soybeans for $25 and it has an average variable cost of $24 per bushel and the margin

Liula [17]

Answer: reduce output.

Explanation:

In a competitive market, firms do not have control over the price that they sell their goods in the market but they do have control over their costs. It is recommended to produce/ sell goods at a quantity where Marginal Revenue will equal Marginal cost (MR = MC).

In a Competitive Market, Price is the same as Marginal revenue which means that Marginal revenue here is $25 and the Marginal Cost is $26. At this quantity of output, the Marginal Cost is larger than the Marginal revenue.

Company should therefore reduce output to a quantity where Marginal Cost will equal Marginal revenue.

6 0

3 years ago