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Hoochie [10]
3 years ago
8

William pays his $500 premium every 6 months for automobile insurance with collision coverage. His deductible is $750. William c

aused a minor accident that resulted in $800 of damages to his car and $1,100 of damages to the other car. How much will William pay out-of-pocket to have both cars fixed?
Business
1 answer:
snow_lady [41]3 years ago
3 0

William will pay a total of $750 out of pocket for both cars to be fixed.

The other car is covered by the property damage portion of his insurance, so it is covered 100% by the insurance company and there is no deductible or amount that William needs to pay. William’s car will be covered by the collision portion of his insurance. He is responsible for paying the $750 deductible and the insurance company will pay the remaining $50.

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ABC reports dividends per share of $1.40 and net income for the year of $140,000. The current stock price is $14.00. What is ABC
Virty [35]

The ABC's dividend yield when the ABC reports dividends per share of $1.40 and net income for the year of $140,000. The current stock price is $14.00 is 10%.

<h3>What is yield?</h3>

The yield on a security is defined as the measurement of the ex-ante instrument to a safety holder in financing.

It is a cardinal part of the return on an investment, with some other being the change in the security's market price.

The formula of calculating the yield is:

\text{Dividend Yield} =\dfrac{ \text{Dividend Per Share}}{\text{Current Stock Price}} \times 100

According to the given information,

Dividend Per Share= $1.40,

Net Income= $1,40,000

Current Price= $14

Now, apply the formula in the given formula,

\text{Dividend Yield} =\dfrac{ \text{Dividend Per Share}}{\text{Current Stock Price}} \times 100\\\\\text{Dividend Yield} =\dfrac{1.40}{\$14}\times 100\\\\\text{Dividend Yield} =10\%

Therefore,  ABC's dividend yield is 10%.

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5 0
1 year ago
a a perfectly competitive industry faces a horizontal straight line demand curve whereas a monopoly faces a downward sloping dem
Leya [2.2K]

It is true that a perfectly competitive industry faces a horizontal straight line demand curve whereas a monopoly faces a downward sloping demand curve.

<h3>What is competitive market?</h3>

A perfect competitive market has a straight line graph on the demand of goods and services this means that the goods are sold at the market price. Monopoly market price are not regulated hence the curve is not straight.

Therefore, It is true that a perfectly competitive industry faces a horizontal straight line demand curve whereas a monopoly faces a downward sloping demand curve.

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5 0
2 years ago
Bioclean Co., a merchandiser, sells a biodegradable cleaning product and has predicted the following sales for the first four mo
Zanzabum

Answer:

2,060 units

Explanation:

As we know thestock policy of the firm is the ending inventory for each month should be the 30 % of the next month's sales

In the case of february, following this policy:

  • Starting inventory: is the same of ending inventory of the previous month: 0,3*2,000 (February´s sales) units= 600 units.
  • Ending inventory= 0,3*2,200 (March´s sales) units= 660 units

Also, Ending Inventory (EI) is the result of the sum of Starting Inventory (SI) and  February Purchases (P) minus February Sales (S)

  • EI= SI+P-S

We want to know P ( units Purchased), so:

P= EI-SI+S= 660-600+2,000=2060 units

8 0
3 years ago
What determines the elements of an organization s selection, training, and evaluation of leaders?
zzz [600]
Measurement and evaluation are the one.
5 0
3 years ago
Corporate Fund started the year with a net asset value of $12.90. By year-end, its NAV equaled $12.30. The fund paid year-end di
maxonik [38]

Answer:

6.201%

Explanation:

Given that,

Net asset value = $12.90

By year-end net asset value = $12.30

Fund paid year-end distributions of income and capital gains = $1.40

change in NAV:

= By year-end net asset value - Net asset value

=  $12.30 - $12.90

= -$0.6

Rate of Return:

= (change in net asset value + Distributions) ÷ Start of Year net asset value

= ( -$0.6 + $1.40) ÷ $12.90

= 0.8 ÷  $12.90

= 0.06201 or 6.201%

4 0
3 years ago
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