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Sergeu [11.5K]
3 years ago
11

Donna, who is single and 30 years old, received several speeding tickets recently and was shocked by the effect they had on her

auto insurance. Donna drives a 2017 Pontiac Firebird. She is currently not covered by health insurance, has an emergency fund of $25,000, an income of $100,000 per year, and an investment portfolio of $230,000. She is trying to reduce the price of her auto insurance. Which of the following actions is most likely to help Donna reduce the price of her auto insurance?a. lower her liability limits to the minimum allowed in her state b. drop her medical payments coverage c. raise her deductible from $250 to $1,000 d. drop her comprehensive coverage and keep collision-only e. drop everything from her policy except the liability insurance
Business
1 answer:
Serhud [2]3 years ago
4 0

Answer:

C) raise her deductible from $250 to $1,000

Explanation:

If Donna starts to drop all her coverages, then she will not only pay less, she wouldn't any insurance to cover her.

If she really needs to lower her insurance costs, the best way to do it is to raise her deductible. That way she will still be covered, but she will need to put more money in case of an accident. To be honest, generally car accidents cost thousands, and increasing the deductible from by $750 is not really that much compared to what an insurance policy covers.

The deductible is the amount of the insurance claim that must be paid by the insured, the rest is paid by the insurance company.

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The reward-to-risk ratio for stock A is less than the reward-to-risk ratio of stock B. Stock A has a beta of 0.82 and stock B ha
Katen [24]

Explanation:

According to the question , the reward - to - risk ratio for the stock A is lesser than that of the Stock B .

The beta values for both the stock is given as -

Stock A = 0.82

and ,

Stock B = 1.29 ,

From the above information , it can be implied that either stock B is under price or the stock A is overpriced, or both  .

Since ,  in the above case the absolute sense can not be determined and only the judgement can be made .

4 0
3 years ago
Bud’s Bucket ice cream company produces a chemically enriched ice cream and decides to penetrate the gourmet market by offering
ipn [44]

Answer:

It may turn off it's current customer base and cause them to purchase a competitors ice cream.

Explanation:

Market penetration strategy is the process of selling current products to an already existing market so as to obtain a higher market share by taking the market shares from the other competing companies.

Market penetration strategy uses low prices to generate demand for a product and increase market share. Bud's bucket ice cream decides to penetrate the gourmet market by offering its same ice cream at high prices instead of reducing the price, this might lead to a reduction in their current customer base.

6 0
3 years ago
Ben and Jerry were shareholders of Water Ice Inc., an S corp. On Jan. 1, 1998, Ben owned 40 shares and Jerry owned 60 shares. Be
expeople1 [14]

Answer: $15,060

Explanation:

From the question, we are informed that Ben and Jerry were shareholders of Water Ice Inc., an S corp. On Jan. 1, 1998, Ben owned 40 shares and Jerry owned 60 shares.

We are further told that Ben sold his shares to Joe for $10,000 on March 31, 1998 and that the corp. reported a $50,000 loss at the end of 1998. The loss that will be allocated to Joe will be:

= $50,000 × 40% × 9/12

= $50,000 × 0.4 × 0.75

= $15,000

The closest figure we have close to that is $15,060 which is option B

7 0
3 years ago
A/An _______________ fails to meet customers’ minimal requirements, potentially costing you business, even when you perform well
amm1812

Answer:

The correct answer is letter "B": Order Qualifier.

Explanation:

An Order Qualifier represents the minimum features a good or service must meet so consumers can think about purchasing them. Variables that could fall into this category are price, convenience or the product's reputation. If the good or service accomplishes one of those characteristics and is of preference of the consumers, then the firm has an order winner.

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3 years ago
Read 2 more answers
Consider a project with the accompanying Gantt chart. Stella is your only electrical engineer and she is responsible for activit
Yuri [45]

The information about the question is incomplete, hence the general answer. It is to be noted that the question is about Gantt Charts.

<h3>What is a Gantt Chart?</h3>

A Gantt Chart is a two-dimensional representation of a project showing the volume of work to be done, how the work is broken down into various parts, how long each part will take, those responsible for each part of the project, and even where each project overlaps.

Gantt chart (sample attached) is very crucial for Project Management. The goal of using a Gantt chart is to ensure that the project is completed on or before the scheduled time in order to prevent losses.

Please note that a Gantt Chart can be created and edited using MS Exel Worksheet.

Learn more about Gantt Chart at:

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