Answer:
option (c) $875 per year
Explanation:
Given;
Average cost of collision claims for careful drivers = $500 per year
Average cost of collision claims for for poor drivers = $3000 per year
Poor drivers known by the company = 15%
thus,
Careful drivers = (100% - 15%) = 85%
Therefore,
Insurance company's breakeven price for the collision insurance
= (Poor drivers known × Average cost of collision for poor drivers ) +( Careful drivers × Average cost of collision claims for careful drivers)
= 0.15 × $3000 + 0.85 × $500
= $450 + $425
= $875 per year
Hence, the correct answer is option (c) $875 per year
Answer:
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Explanation:
Answer:
The answer is 
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Explanation:
![\to [\$500,000 (\frac{1}{3} \times \$1,500,000) + \$250,000 (\frac{1}[3} \times \$750,000 + \$450,000 (\frac{1}[2} \times \$900,000]\\\\\\to \$1,200,000](https://tex.z-dn.net/?f=%5Cto%20%5B%5C%24500%2C000%20%28%5Cfrac%7B1%7D%7B3%7D%20%5Ctimes%20%5C%241%2C500%2C000%29%20%2B%20%5C%24250%2C000%20%28%5Cfrac%7B1%7D%5B3%7D%20%20%5Ctimes%20%5C%24750%2C000%20%2B%20%5C%24450%2C000%20%28%5Cfrac%7B1%7D%5B2%7D%20%20%5Ctimes%20%5C%24900%2C000%5D%5C%5C%5C%5C%5C%5Cto%20%5C%241%2C200%2C000)
Though this tree farm is jointly held, Aiden is assumed to have given 1/3 of the treatment because his mother gave her a gift to create the lease. The tenancy of the major chunk is subjected to the fifty percent spouse exclusion rule. None of the structures is included as Chloe does not escape Aiden.
Answer: True
Explanation:
According to the CDC, Sudden Infant Death Syndrome (SIDS) is the leading cause of children dying unexpectedly and without immediately apparent causes and is said to happen to an 3,700 infants annually.
Sudden Infant Death Syndrome (SIDS) is defined by the CDC as <em>the sudden death of an infant less than 1 year of age that cannot be explained after a thorough investigation is conducted</em>.
SIDS falls under Sudden Unexpected Infant Death (SUID) which is the unexplained death of a child before investigation and as well as SIDS can include infections and accidental suffocation.
Answer:
The amount Pharoah should report as net cash provided (used) by financing activities in its 2020 statement of cash flows is $344,000.
Explanation:
Pharoah Corporation
Statement of cash flows (extract)
Proceeds from common stock $256,000
Proceed from bond payable $466,000
Dividend paid ($333,000)
Purchase of treasury stock ($45,000)
Net cash flows from financing activities $344,000
Note that the payment of accounts payable and collection of notes receivable only affect the operating activities section of the cash flows.
