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Paladinen [302]
4 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]4 years ago
6 0
C. 85,000 of the insurance is 100,000 for a bodily injury
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BARSIC [14]

Answer:

1. 17%

2. 42.5%

3. $2,748,900

4. 44%

Explanation:

1. Return on Investment for 2017

= \frac{Operating Income}{Average Invested Assets}

= \frac{2,499,000}{14,700,000}

= 17%

2. Profit Margin 2017

= \frac{Operating Income}{Sales}

= \frac{2,499,000}{5,880,000}

= 42.50%

3. Should the sales increase by 10% in 2018 then the new sales figure will be;

= $5,880,000 + ($5,880,000 *10%)

= $6,468,000

Profit = Sales * Profit Margin

= 6,468,000 * 42.5%

= $2,748,900

Return on Investment for 2018

= \frac{Operating Income}{Average Invested Assets}

= \frac{2,748,900}{14,700,000}

= 18.7%

4. Investment turnover equal for 2018

= \frac{ Sales}{Average Invested Assets}

= \frac{6,468,000}{14,700,000}

= 44%

5 0
3 years ago
In attempting to solve the problems caused by a lowering of the price of oil, oil companies operating in the North Sea have take
goldfiish [28.3K]

Answer: which includes reducing employment, using new technology to be more efficient in pumping oil

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4 0
4 years ago
Which element of design can be used to create emphasis or de-emphasis on a garment?
Reika [66]

The element of design which can be used to create emphasis or de-emphasis on a garment is line.

The emphasis in elements of design is where the part of the design which tends to catche the viewer's attention. So, usually the artist will make one area stand out by contrasting it with other areas. Thus, the area could be different in color, size, texture, shape, etc.

Here, lines can be used to emphasize, setting particular information which is off in a busy composition and as well as drawing the eye to a particular area. Thus, they can be formed into shapes or frames.

Hence, option C is correct.

To learn more about the element of design here:

brainly.com/question/13818137

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4 0
2 years ago
Marketing-channel management is related to which of the four ps?
Usimov [2.4K]
Marketing channel  management is related to place.
3 0
3 years ago
Flower Depot, Inc. sells a single product for $10. Variable costs are $4 per unit and fixed costs total $120,000 at a volume lev
Amiraneli [1.4K]

Answer:

Break-even point (dollars)= $600,000

Explanation:

Giving the following information:

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Variable costs per unit= $4

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To determine the sales level to achieve the desired profit, we need to use the break-even point in dollars formula:

Break-even point (dollars)= (fixed costs + desired profit) / contribution margin ratio

Break-even point (dollars)= (120,000 + 240,000) / [(10 -4)/10]

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Break-even point (dollars)= $600,000

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