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Fittoniya [83]
3 years ago
11

you have an insurance policy with a $300 premium and a $500 deductible how much money should you expect to pay the insurance com

pany each month for coverage? A: $200 B: $300 C: $500 D: $800
Business
2 answers:
Rufina [12.5K]3 years ago
7 0
It would be 300. good luck

Karolina [17]3 years ago
4 0

Answer:

The answer is: B) $300

Explanation:

Your monthly pay is determined by the premium, in this case $300. The $500 deductible is paid only when you file a claim and your company is responsible for paying any amount higher than the deductible.

For example, you have car insurance with a $1,000 deductible. In case you have an accident and the repair costs are $5,000. You will have to pay the first $1,000 and your insurance will pay the rest of the bills ($4,000).

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Consider the market for a breakfast cereal. The​ cereal's price is initially ​$3.003.00 and 7070 thousand boxes are demanded per
arlik [135]

Answer:

0.539

Explanation:

Price elasticity of demand measure the responsiveness of demand against the change in price of the product. It shows how much demand changes if there is the change in price.

Under mid-point method the price elasticity can be calculated as follow

where

S = Quantity

P = Price

Change in Quantity = ( S2 - S1 ) / [ ( S2 + S1 )/2 ]

Change in Quantity = ( 6,060 - 7,070 ) / [ ( 6,060 + 7,070 )/2 ]

Change in Quantity = -1,010 / 6,565

Change in Quantity = -0.153846

Change in price = ( P2 - P1 ) / [ ( P2 + P1 )/2 ]

Change in price = ( $4,004 - $3,003 ) / [ ( $4,004 + $3,003 )/2 ]

Change in price  = $1,001 / $3,503.5

Change in price  = 0.285714

Elasticity of Supply = Change in Quantity / Change in Price

Elasticity of Supply = -0.153846 / 0.285714 = -0.5385

Elasticity of Supply = -0.539

3 0
2 years ago
QS 19-10 Computing contribution margin LO P2 D’Souza Company sold 11,500 units of its product at a price of $77.00 per unit. Tot
vivado [14]

Answer: $317,400

Explanation: The first step is to calculate the sales value

Sales = Unit sold × Price per unit

11500 × $77.00 = $885,500

calculation Total variable cost

i. Variable production cost = Units × variable production cost per unit

11500 × $39.70 = $456,550

ii. Variable selling and administrative cost = unit × variable selling and administrative cost per unit

11500 × $9.70 = $111,550

Total variable cost = Variable production cost + variable selling and administrative cost

Total variable cost = $456,550 + $111,550

                               = $568,100

Calculation of contribution margin

Contribution margin = Sales - total variable cost

                                   = $885,500- $568,100

                                    = $317,400

7 0
2 years ago
Which of the following subjects should you study if you are seeking a career in agriculture or natural resources? Select all tha
hjlf
I think it’s a and b
7 0
2 years ago
Read 2 more answers
A registered representative receives a telephone call from a customer who tells the representative to: "Sell my 500 shares of AB
astraxan [27]

Answer:

The registered representative should accept the client's sell order, but must mark the order ticket as a long term. The representative can accept the order because it is reasonable that the client will be able to deliver the shares by the time of the settlement. If the representative marked the order ticket as a short sale, it is probable that the client will not be able to deliver the shares on time.

Explanation:

8 0
3 years ago
Formaggio Vecchio announced its regular quarterly cash dividend of $0.20 per share. Currently there are one million shares outst
aleksandr82 [10.1K]

Answer:

A.On Ex-dividend date: November 20, 2006

B.1%

C.$0.19

D. $1.82

Explanation:

1.On Ex-dividend date: November 20, 2006

will the stock price change to reflect the value of the dividend

b. Calculation for Formaggio’s dividend yield

Using this formula

Dividend yield = dividend/share price

Let plug in the formula

= .20/20 = 1%

c. Calculation of how much the stock price is likely to fall

0.20*(1 – 15%) = P*(1 – 10%)

Solve for P = $0.19

d. Calculation of How much is the stock price likely to fall Suppose that the company decides to issue a 10% stock dividend instead of a cash dividend.

$1,000,000 + (1,000,000 * 10%)

$1,000,00+$100,000

= 1,100,000 total shares

Hence,

$20,000,000 / 1,100,000 = $18.18 per share

$20 – 18.18 = $1.82 fall

5 0
3 years ago
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