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KengaRu [80]
3 years ago
6

Your auto insurance policy has a $200 monthly premium and $700 deductible. What is the maximum amount you will have to pay out-o

f-pocket for a car accident before your insurance covers your costs?
Business
1 answer:
den301095 [7]3 years ago
8 0
Every insurance agency has different policies available for the customers. The Monthly premium is based on that package and several other factors such as age and driving history. The deductible is the amount that a customer must pay out of pocket for a car accident before any costs are covered for the repairs, etc. In this case, the amount that will need to be paid is $700 before the insurance covers your costs.
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LO 1.4Which of the following is not a step in the outline for examining ethical issues?
Citrus2011 [14]

Answer:

Confirm decision with FASB.

Explanation:

An ethical issue is any situation where a person or an organisation has to make a decision if a situation is ethical or not.

Steps to examining ethical issues includes;

1. Recognise the ethical issue

2. Establish the facts of the situation.

3. Recognise the values the ethical issue violated

4. Recognise alternative course of action.

5. Make a decision.

6. Evaluate each course of action.

I hope my answer helps you

7 0
3 years ago
Several European countries spend less time working and more time on leisure activities than the United States. How is this great
Crank

Answer:

The value of Leisure time is not included in GDP.

Explanation:

Gross domestic product or GDP includes the value of final goods and services produced in an economy in a year. It does not include the value of intermediate goods to prevent double counting. It also does not include the value of second-hand goods.  

The value of pollution, crime, leisure, etc. are also not included as they are difficult to express in monetary terms.

3 0
3 years ago
Miranda works at a small-batch soda pop manufacturing plant. for eight hours a day, she uses her right hand to lift individual b
OlgaM077 [116]
I don’t know the choices, but I’d say it is a reptitive strain injury. This is an injury that is caused due to too much use of a certain appendix, in this case, Miranda’s right hand. Because she uses it eight hours a day, virtually nonstop, it makes sense that she would have repetitive strain injury.
5 0
4 years ago
When managers of firms in a competitive market observe falling profits, they may infer that the market is experiencing a. a viol
Oliga [24]

Answer:

c. the entry of new firms

Explanation:

  • The entry of the new firms in the market creating a  market supply curves to shift to the right side and as the curve shifts the markets price then starts to decline with it  
  • This declines the economic profits in the new and the existing firms as long as the profits exists  in the markets and entry will continue to shift to supply to the right.
  • The diversification of the melt and the fall in the monopoly of the firms start to take place.  
  • They take up resource ownership and technological developments. In short, they increase the competitiveness and bring rivalry into the market.
7 0
4 years ago
Mint Co.'s cash balance in its balance sheet is $1,300,000, of which $300,000 is identified as a compensating balance. Additiona
Natasha2012 [34]

Answer:

Correct option is B Yes and Yes

Yes - Compensating shall be reported, And Restricted shall also be reported.

Explanation:

Compensating balance is the minimum balance to be maintained in the company's bank account as this is used by bank for offsetting loan, and used by company to set up the loan amount.

Restricted balance is a choice made by the company to not use the funds and use it later for company's growth or future projected, but still since it cannot be used it shall also be reported accordingly.

Therefore the company has the need to report such restricted balance also and compensating balance has to be reported as well.

Therefore correct option is B

Yes - Compensating shall be reported, And Restricted shall also be reported.

7 0
4 years ago
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