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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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Krasel Corp. exchanges equipment in a transaction that has commercial substance. The original cost of the asset surrendered was
devlian [24]

Answer:

All options are applicable

Explanation:

Upon the exchange of the asset, the cost of the old asset needs to be removed from the asset account by crediting the old asset account with $90,000

On the other hand, the market value of the new asset needs to be debited to new asset account i.e$50,000 and also the accumulated depreciation must debited to accumulated depreciation account.

All in all, the difference between the credit and the debit entries is balancing credit as shown below

Dr New asset                                 $50,000

Dr Accumulated depreciation     $70,000

Cr Old asset                                                   $90,000

Cr gain on asset exchange(bal figure)        $30,000

3 0
4 years ago
Read 2 more answers
Trudy is Jocelyn's friend. Trudy looks after Jocelyn's four-year-old son during the day so Jocelyn can go to work. During the ye
Burka [1]
The answer is $34,990
3 0
4 years ago
All of the following are characteristics of SMART goals except
ch4aika [34]
Without limits is not part of smart goals
5 0
3 years ago
Which is not a money management skill discussed in the reading material?
Readme [11.4K]
It seem like there are information missing on the question posted. Let me answer this question with all I know. So here is what I believe the answer is, spending.

Hope my answer would be a great help for you.    If you have more questions feel free to ask here at Brainly.
8 0
4 years ago
2. Alex, Becky, Cindy, Deanna and Elias form a general partnership, Glorious Jeans, to manufacture coffee-colored clothing. Alex
kari74 [83]

Answer:

Under the UPA ( uniform partnership act ) the partners share the profits of the business according to their contributions towards the business ( mostly financial contribution)

The UPA is used to address the issues of profit and loss sharing in a business partnership based on financial contribution towards the business and not based on service rendered to the business hence it won't work in this situation

Explanation:

Under the UPA ( uniform partnership act ) the partners share the profits of the business according to their contributions towards the business ( mostly financial contribution), the primary purpose of the uniform partnership act to to address certain in-formal or formal issue that was not addressed under the business agreement reached between the partners,

The reason why the UPA might not govern the sharing of the profits is because of the involvement of a partner who did not contribute towards the capital but contributes in terms of service. The UPA is used to address the issues of profit and loss sharing in a business partnership based on financial contribution towards the business and not based on service rendered to the business hence it won't work in this situation

4 0
3 years ago
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