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olga2289 [7]
3 years ago
14

If you are required to show proof of financial responsibility for the future, for how many years must the proof be kept?

Business
1 answer:
Setler79 [48]3 years ago
5 0
A person needs to keep proof of financial responsibility for two years. This will protect the person if they are required by a court. Many people must show this if they have had a speeding ticket, DUI, or any other driver related incident. The court will need to have a copy for their records. Always keep your paperwork in a safe place and somewhere you can remember. You can always make a copy and keep it in the cars glove box. 
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Skyler Manufacturing recorded operating data for its shoe division for the year. Sales $4,500,000 Contribution margin 500,000 Co
Anna71 [15]

Answer:

Controllable margin= $300,000

Controllable margin in %= 33.3%

Explanation:

Controllable margin is sales revenue less controllable variable costs and fixed cost.

Controllable margin= Sales revenue - controllable variable cost - controllable fixed costs

Controllable margin= contribution margin - fixed costs

                                     = 500,000 - 200,000= 300,000

Controllable margin in %= 300,000/900,000 × 100 =33.3%

Controllable margin in %= 33.3

3 0
3 years ago
Disability income insurance will provide income to a disabled or ill person ___________.
vlada-n [284]
Disability income insurance will provide income to a disabled or ill person with a waiting period before income is received. Commonly, when a person applies for disability income insurance and is taking out money from the government for disability there is a period of waiting. During this period they review all information given and decides whether or not the person applying actually qualifies for the funds they are wanting to receive. Most states have a set time frame they have to wait and also a set time frame of how long people can receive funds for. 
3 0
3 years ago
Which of the following statements is correct about the connection between cost centers and revenue?
Mazyrski [523]

Answer:

B) Cost centers do not directly generate revenue from customers, but they may have an impact on revenue through customer satisfaction and overall quality.

Explanation:

Cost Centers are functions where costs are accumulated.

Cost centers do not generate revenue, but they do have impact on revenue since price determination lies on the cost if the company is to make profit.

Costs also determine the quality of the final product to customer and the satisfaction there-off - which are vital for driving revenue.

8 0
3 years ago
How do u look at a link sent to u​
jeka94

Answer:

just click on the link:)

Explanation:

4 0
3 years ago
Someone who avoids the Sequence Pattern will typically
brilliants [131]
Will typically have a strong-willed learning environment.
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