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fomenos
3 years ago
14

Question 1

Business
1 answer:
Virty [35]3 years ago
6 0
<span>Which choice is the correct statement about "comprehensive" insurance?
B. Comprehensive insurance provides you coverage for both collision and physical damage.

Question 2
If I make a lot of claims on my insurance, my insurance cost will probably go up. TRUE

Question 3

What are some of the obligations you must fulfill for an insurance policy to be in effect? C. Both A and B.

What is collision insurance? B. Collision insurance is the coverage your insurance company gives you that only covers physical damage to a vehicle. Collision insurance usually has a "deductible" which means that the company will not pay 100% of damages.

All insurance companies charge the same rates for insurance coverage. FALSE

What is an insurance "deductible"?
D. An insurance deductible is what you pay yearly for car insurance if you don't have accidents.

What is an insurance policy?
B. An insurance policy is a document that tells you what you must pay for insurance coverage and what the insurance company is - and is not - covering.

What is the purpose of insurance?
D. Both B and C.

Life insurance can be most valuable in which of these cases?
D. Both B and C.

It is always smart to compare insurance costs between different companies. Insurance agents are usually good people. But remember that the job of insurance agents at most companies is to sell you their insurance policies. Their job is not to tell you that another company has a better and less-expensive policy. True.

What are some of the factors that would influence your insurance costs?
C. The type of car you drive.

In which cases does property insurance normally give you coverage?
D. All of the above.

Some insurance usually has a higher price for younger people because younger people have more accidents.FALSE

Health insurance is designed to cover some or all of your expenses related to accidents and some health issues.TRUE

Which actions will many insurance companies take if you receive a DUI?
C. Both A and B.
</span>
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abares Corporation had these transactions during 2020. Indicate whether each transaction is an operating activity, investing act
scZoUnD [109]

Answer:

(a) Issued $50,000 par value common stock for cash = Financing Activities

b) Purchased a machine for $30,000, giving a long-term note in exchange. Financing Activities = Non-cash Investing and Financing Activity

(c) Issued $200,000 par value common stock upon conversion of bonds having a face value of $200,000 =  Non-cash Investing and Financing Activities

(d) Declared and paid a cash dividend of $18,000 = Financing Activities

(e) Sold a long-term investment with a cost of $15,000 for $15,000 cash = Investing Activities

(f) Collected $16,000 from sale of goods = Operating Activities

Explanation:

The Cash flows related to raising of capital is known as Cash flow from Financing Activities.

The Cash flows related to growing and selling of Assets of the business is known as Cash flow from Investing Activities.

The Cash flow related to trade in Ordinary course business of the Company is known as Cash flow from Operating Activities.

7 0
3 years ago
What kind of business most often risks problems over who will do what kind of work and under what circumstances?
uysha [10]
Es la C tienes mas riesgos por que aquí tu tienes tu propia empresa y por lo tanto mas dinero lo cual atrae a lis delincuentes para hacer secuestros robos asesinatos etc Espero q te sirva
7 0
3 years ago
What was this product's net operating income (loss) last year? last year minden company introduced a new product and sold 15,000
mafiozo [28]

Answer:

1. What was the product's operating income(loss) last year = $90,000 loss

2. What is the product's Break even point in unit sales and dollars

• Break even sales in units 18,000

• Break even i n sale dollars $1,260,000

3. Maximum annual profit given an increment of 5,000 units and reduction of sales price per unit by $2.

• Net profit of $20,000

4. What would be the break even point in unit sales and dollars using the selling price that you determined in requirement 3.

• Break even sales units 19,285.7

• Break even in sales dollars $1,311,427.6

Explanation:

Please see attached detailed solution to the above questions and answers.

3 0
3 years ago
Emma lives on a tight budget. She saves money and also makes intelligent choices when spending it. Which of these statements dec
kodGreya [7K]
  • Emma is more prepared to meet her basic needs
  • Emma is better prepared to avoid financial setbacks
  • Emma is better able to accumulate assets
  • Emma is more prepared to face emergencies
5 0
3 years ago
Employees and customers are treated like a family at State Street Coffee House. Jason and Jill, the owners, work to encourage un
quester [9]

Answer: <em>Clan Culture</em>

Explanation:

A clan culture is generally referred to or known as a tribe-like or family-like kind of organization environment that tend to emphasize on the consensus and also on the commonality of  values and goals. Clan cultures are often viewed as a collaborative and also one of the least competitive corporate culture models which often exist in an organization.

7 0
3 years ago
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