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3 years ago

What is a deductible?How does deductible affect insurance

1 answer:

7 0

In an insurance policy, the deductible is the amount paid out of pocket by the policy holder before an insurance provider will pay any expenses.

The lower a plan's deductible, the higher the premium. You'll pay more each month, but your plan will start sharing the costs sooner because you'll reach your deductible faster.

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1. A parent owns 80% of its subsidiary's voting stock. At the end of the year, the parent's ending inventory includes $20,000 in

Delicious77 [7]

Answer:

B decrease of $4000

Explanation:

$2000 x 0.2%

5 0

3 years ago

Alice purchased office furniture on September 20, 2018, for $100,000. On October 10, 2018, she purchased business computers for

lana [24]

Answer:

The correct answer is $30,290.

Explanation:

According to the scenario, the computation can be done as follows:

This applies regular MACRs

So, As furniture is the Seven year property,

So, the cost recovery deduction for the furniture = $100,000 × .1429

= $14,290

And The computer is a five year asset

So, the cost recovery deduction for the Computer = $80,000 × .20

= $16,000

So, Total Cost recovery deduction = Cost of recovery deduction for furniture + cost of recovery deduction for computer

= $14,290 + $16,000

= $30,290

Hence, the cost recovery deduction for the business assets for 2019 is $30,290.

8 0

3 years ago

Whats the sum of the digits of 30

arlik [135]

Answer:

I hope I am answering correctly based on your question but if you are asking what two numbers you add together to equal 30. The answer is 15+15. etc.

7 0

3 years ago

A store has clearance items that have been marked down by 55%. They are having a sale, advertising an additional 35% off clearan

raketka [301]

Answer:33.75%

Explanation:

Let’s assume the price without discount is $100 .

Now from the information given , we have $100-0.25*$100 =0.75*$100

Which is 0.75 *$100= $75 is the price after the first discount .

0.75 - 0.55*$75= 0.45*$75

Now 0.45*75 = 33.75% which is the percentage of the original price .

3 0

3 years ago

Transland Company has recently tried to improve its analysis for its manufacturing process. Units started into production equale

Maksim231197 [3]

Answer:

Materials cost per unit is $13.40

Explanation:

Equivalent Unit of Material = (3,200-1,700)*100% + 1,700*100%

Equivalent Unit of Material = 3,200

Materials cost per unit = total materials costs/Equivalent Unit of Material

Materials cost per unit = 42,880/3,200

Materials cost per unit = $ 13.40

6 0

4 years ago