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3 years ago

Regina finds a new car costing $25,000 and a used car costing $17,000. Which car will have higher insurance premiums and why?

1 answer:

3 0

The used car will have higher insurance premiums because there is a higher chance that it will malfunction and that they will have to pay for your expenses. A new car is cheaper when it comes to premiums because it is expected to last and the insurance companies are safer in this regard.

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On January 2, 2019, Twilight Hospital purchased a $96,400 special radiology scanner from Crane Inc. The scanner had a useful lif

Aneli [31]

The preparation of the incremental analysis of Twilight hospital is presented below:

<u>Particulars Retain scanner Replace scanner Net income </u>

Annual

operating cost $318,000 $243,000 $75,000

($106,000 × 3) ($25,000 × 3)

New

scanner cost $110,000 -$110,000

Old scanner salvage -$45,500 $45,500

Total $318,000 $307,500 $10,500

In this way, the incremental analysis should be prepared.

Learn more about the salvage value here: brainly.com/question/15711481

4 0

3 years ago

An investor purchased 100 shares of stock X at \small 6\frac{1}{8} dollars per share and sold them all a year later at 24 dollar

Salsk061 [2.6K]

Answer:

option (C) 280%

Explanation:

Number of shares of stock X purchased = 100

Purchasing cost of share = $\$6\frac{1}{8} =\frac{49}{8}$

Selling cost of stocks = $24 per share

Brokerage paid = 2%

Now,

The total purchasing cost involved = $100\times\frac{49}{8}$ + 2% of $100\times\frac{49}{8}$

= 612.5 + 0.02 × 612.5

= $624.75

also,

Total income from sales of stocks

= Total selling cost of shares - brokerage paid

= $24 × 100 - 2% of Total selling cost

= $2400 - ( 0.02 × $2400 )

= $2400 - $48

= $2,352

now,

The investor's percent gain on this investment = $\frac{\textup{Income-invested amount}}{\textup{Invested amount}}\times100\%$

= $\frac{\textup{2,352 - 624.75}}{\textup{624.75}}\times100\%$

= $\frac{\textup{1727.25}}{\textup{624.75}}\times100\%$

= 276.47% ≈ 280%

Hence, the correct answer is option (C) 280%

7 0

3 years ago

The Freedom of Information Act is designed to

kiruha [24]

Answer:<u><em>Option (b) is correct.</em></u>

Explanation: Freedom of Information Act customarily provides that any individual has the freedom to application access to governmental agency transcript or information except to an amplitude the transcript are protected from acknowledgment by nine exemptions encompass

ed in the law. Most of these documents are redacted.

4 0

3 years ago

Which fees was John charged on his checking account during this statement period?

Zigmanuir [339]

The overdraft fee is the fee that John was charged on his checking account.

<h3>What is an overdraft fee?</h3>

This is a fee that has to be paid due to the fact that a payment has been authorized.

The overdraft fee is usually paid to cover transactions if there are not enough funds in the account.

<h3>The checking account</h3>

This is a current account that lets deposit and easily withdraw for the sake of transactions.

Read more on the overdraft fee here: brainly.com/question/25532516

7 0

2 years ago

Presented below are the ending balances of accounts for the Kansas Instruments Corporation at December 31, 2021.

dedylja [7]

Solution :

Current Assets

Cash $ 20,000

Accounts receivable $ 1,30,000

Less: Allowance for uncollectible accounts - $ 13,000

Note receivable $ 100,000

Interest receivable $ 3,000

Marketable securities $ 32,000

Raw materials $ 24,000

Work in process $ 42,000

Finished goods $ 89,000

Prepaid Rent(Half of $ 60,000) <u> $ 30,000 </u>

Total current assets $ 4,57,000

Current Liabilities

Deferred revenue ($36,000/2) $ 18,000

Accounts payable $ 1,80,000

Interest payable <u> $ 5000 </u>

Total current liabilities $ 2,03,000

Working capital (4,57,000 - 2,03,000) $ 2,54,000

8 0

3 years ago