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Paladinen [302]
3 years ago
5

1. Scenario: Stephanie has been driving for four years without any major auto accidents-until today. It was pouring rain when sh

e left class, and within minutes of leaving, she was forced to make an evasive maneuver that caused her to go into a spin on the wet road. After knocking an expensive, high-end luxury car down an embankment, Stephanie came to a stop by smashing into the side of a mid-range sedan. She was found to be at fault in the accident, so let's look at the extent of the damage she caused: Luxury car: This car was totaled at a value of $95,000. Sedan: This car will need $4,000 in repairs. Hospital bills: The driver of the luxury car had $15,000 in medical bills for a broken arm, while his passenger had $185,000 in medical bills for emergency surgery and recovery. Like many Americans, Stephanie carries a 100/300/100 liability policy. Given the fact that Stephanie does not have an umbrella policy in place, how much of the remaining hospital bills for the passenger in the luxury car will she be held personally responsible for?
A. $4,000
B. $15,000
C. 85,000
D. 100,000
Business
1 answer:
Dmitry [639]3 years ago
6 0
C. 85,000 of the insurance is 100,000 for a bodily injury
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3 years ago
Zytel Corporation produces cleaning compounds and solutions for industrial and household use. While most of its products are pro
SCORPION-xisa [38]

Answer:

4,513 approx.

Explanation:

The computation of the minimum number of jars of silver polish is shown below:-

Sales revenue for one jar of silver polish    $5.60

Sales revenue for 1/4 pound of Grit 337     0.85

($3.40 ×  1 ÷ 4)

Incremental revenue from

further processing                                        $4.75

($5.60 - 0.85)

Incremental costs of further processing:

Processing costs                      $2.40

Selling costs                              $0.40          $2.80

Incremental contribution

margin from further

processing into silver polish

per jar                                                            $1.95

($4.75 - $2.80)

Point of indifference denotes the point where all options are equally profitable. But after that we will see that more processing is profitable. This is due to the fixed costs involved in further production.

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8 0
2 years ago
The following transactions were completed by Daws Company during the current fiscal year ended December 31:
boyakko [2]

Answer:

Explanation:

The T account is presented below:

                          Allowance for Doubtful Debts  

Jan 29                  $5,850                      Jan 1 Beginning balance $54,200

Aug 9                   $11,850                      April 18                 $4,000

Dec 31                  $52,160                     Nov 7                    $7,000

Dec 31   Unadjusted

              balance    $4,660                

                                                          Dec 31 Adjusting entry   $64,660

                                                          Dec 31 Adjusted balance $60,000

4 0
3 years ago
In a longitudinal study of individuals who reached age 55 with an optimal cardiometabolic risk profile, men had a risk of heart
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5 0
3 years ago
Read 2 more answers
Bob bought some land costing $16,390. today, that same land is valued at $46,817. How long has bob owned this land if the price
faltersainse [42]

Bob has to own his land for 18 years if the price is increasing at the rate of 6% per year.

Given that land was bought by Bob for $16390, the price is increasing at the rate of 6%, price of land today is $46817.

We are required to find the time for which Bob need to own the land so that the price of the land is $46817 today.

Compounding means calculating amount on the principal and the amount added interest.

Rate of increasing the price of land be 6%.

Price when Bob bought the land=$16390.

Price of land today=$46817.

It is like compounding of interest and the sum is calculated as under:

S=P*(1+r)^{n}

In the above equation P is theamount at beginning,r is rate of increasing and n is the number of years.

46817=16390(1+0.06)^{n}

46817/16390=(1.06)^{n}

(1.06)^{n}=2.8564

(1.06)^{n}=(1.06)^{18}  (Approximately)

From both the sides we will get n=18.

Hence Bob has to own his land for 18 years if the price is increasing at the rate of 6% per year.

Learn more about compounding at brainly.com/question/2449900

#SPJ4

4 0
1 year ago
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