1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
qwelly [4]
3 years ago
5

While attending classes at her college, Lisa parks her Corvette on the street and locks it. When she returns, it is gone. She re

ports its loss to her insurer and notifies the police immediately. Because she must commute to school and to work, she rents a car for $180 per week, or $28 per day for any part of a week. Twenty-three days after her car disappeared, it is recovered. It has been driven over 12,000 miles, its right rear fender has been destroyed in an accident, and the interior has been vandalized. The low estimate for repair of the exterior and interior damage is $23,000. The actual cash value of her car is $16,000. Lisa has a PAP with other-than-collision coverage and a $200 deductible. Explain her coverage to her, noting what she can expect to recover from her insurer, and why.
Business
1 answer:
kotegsom [21]3 years ago
3 0

Answer:

The maximum money estimation of vehicle is $ 16,000 which LISA can guarantee, Also Lisa would have the option to guarantee the lease of 23 days from the safety net provider.  

3 entire weeks = 180 × 3

3 entire weeks = $540  

what's more, for 2 days extra = 28 × 2 = 56  

= $596 vehicle rental  

As the collision isn't secured she wont get the case for right bumper which has been obliterated.  

So she would get $16,000 - the harms on the correct bumper - 200 which is deductible + 596 which is vehicle rental charges borne by LISA.

You might be interested in
Enerico contributes $100,000 cash in exchange for a 40% interest in the calendar year ABC LLC. This year, ABC generates $80,000
Natasha_Volkova [10]

Answer:

A)$32000.00

B)$4000

Explanation:

3 0
3 years ago
Which of the following can impact your credit score
stealth61 [152]

Answer: B. your Debt to Credit ratio

Explanation:

Your debt to credit ratio is important to lenders because it shows whether you spend wisely when given debt.

Debt to credit is measured as the percentage of debt you have given your credit limit. If for instance you have a credit card limit of $50,000 and have debt of $10,000, your debt to credit ratio is:

= 10,000/50,000 * 100

= 20%

Generally the lower this ratio, the better the contribution to your credit score.

7 0
3 years ago
Bonds are a far more important source of financing than are stocks B. Financial intermediaries such as banks are the least impor
Anna71 [15]

Answer:

Bonds are a far more important source of financing than are stocks

Explanation:

There is so much of risk associated with the issue of stock. Though it is essential for any business to issue some stock, but bonds are always favorable as they have a defined maturity, defined amount associated, and defined interest payment.

There is no direct payment of interest in bonds but the expense is to be recorded in books as per the matching and accrual principle.

The discounted value of interest to be paid on maturity is recorded.

Further, there is a tax benefit on bond payments.

5 0
4 years ago
Schister Systems uses the following data in its Cost-Volume-Profit analyses: Total Sales $ 400,000 Variable expenses 220,000 Con
blondinia [14]
Don’t trust my word I just need to answer questions i’m so sorry
4 0
3 years ago
Jane currently has $5,000 in her savings account and $2,000 in her checking account at the local bank. Instructions: Use a posit
diamong [38]

Answer:

Change in M1 $400

Changd in M2 $0

Explanation:

The money which is been held by individuals in savings accounts is part of the M2 money supply, but its not part ofthe M1 money supply.

Hence when Jane withdraws $400 cash from her savings account,the M1 money supply will increases by $400. However, the M2 money supply does not tend to change reason been that the M1 money supply is included as part of the M2 money

Change in M1 $400

Changd in M2 $0

7 0
3 years ago
Other questions:
  • Six months ago, you purchased 300 shares of stock in Global Trading at a price of $26.19 a share. The stock pays a quarterly div
    11·1 answer
  • Before buying an existing business, you need to identify if the business’s problems can be fixed? true or false
    8·2 answers
  • The Wax Works sells 400 candles at a price of​ $6 per candle. The Wax​ Works' total costs for producing 400 candles are​ $2500.
    12·1 answer
  • Gamble Company convinced Conservative Corporation that the two companies should establish Simpletown Corporation to build a new
    14·2 answers
  • Acquired $60,000 cash from the issue of common stock. Received an $8,200 cash advance for services to be provided in the future.
    15·1 answer
  • During the year just ended, Shering Distributors, Inc., had pretax earnings from operations of $490,000. In addition, during the
    5·1 answer
  • An agingminusofminusaccountsminusreceivable indicates that the amount of uncollectible accounts is​ $3,910. The Allowance for Un
    11·2 answers
  • On October 31, Legacy Rocks Inc., a marble contractor, issued for cash 400,000 shares of $10 par common stock at $18, and on Nov
    8·1 answer
  • What is it called when you are able to touch and feel a product?
    10·1 answer
  • Suppose the market price increase. Which statement is correct?
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!