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3 years ago

if you cause a car accident, which type of insurance will require you to pay the least out of pocket?

1 answer:

3 0

a high deductible plan would require the least out of pocket... a low deductible would be the opposite and you would pay most out of pocket

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Select all of the information that appears on a bank statement.

Korolek [52]

account number

social security number

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3 years ago

Read 2 more answers

Why are some economists concerned about the proliferation of regional trade agreements? regional trade agreements terms can conf

d1i1m1o1n [39]

Here are several reasons why economists are concerned about the proliferation of regional trade agreements:
- Regional trade agreements terms can conflict with those of the WTO
- Regional trade agreements may limit trade from outside the regions in agreement
Regional trade agreements basically could make the economy within a certain region became secluded from other countries and may raise the price of certain commodities.

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3 years ago

Sue sells authentic Amish quilts on her website. Suppose Sue expects to sell 3 comma 000 quilts during the coming year. Her aver

e-lub [12.9K]

Answer:

(A) 1,200 Margin of Safety_{units}

(B) 330,000 Margin of Safety_{usd}

Explanation:

(A)

$Sales \: Revenue - Variable \: Cost = Contribution \: Margin$

275 - 150 = 125 CM per unit

$\frac{Fixed\:Cost}{Contribution \:Margin} = Break\: Even\: Point_{units}$

$\frac{225,000}{125} = 1,800 = Break\: Even\: Point_{units}$

${units \: sold- BEP_{units} = margin \: of \: safety_{units}$

3,000 - 1,800 = 1,200 Margin of Safety_{units}

HOW? we Calculate the contribution per unit. Then the BEP in units and with that the margin of safety in units.

(B)

$\frac{Contribution Margin}{Sales Revenue} = $Contribution Margin Ratio$

125/275 = 0.45454545 = 5/11 CM ratio

$\frac{Fixed\:Cost}{Contribution \:Margin \:Ratio} = Break\: Even\: Point_{dollars}$

225,000/(5/11) = 495,000 BEP USD

${current \:sales - BEP_{USD} = margin \: of \: safety$

825,000-495,000 = 330,000 Margin of Safety_{usd}

HOW? we Calculate the contribution ratio by dividing CM over sales. Then the BEP in dollars and with that the margin of safety in dollars.

Important: When posible to avoid rounding errors express as fraction iof posible

(C)

$\frac{current \:sales - BEP_{USD}}{current \:sales} \times 100 = margin \: of \: safety$

$\frac{330,000}{825,000} \times 100 = margin \: of \: safety$

Margin of Safety 40%

8 0

3 years ago

A marketing manager decides what combination of variables is needed to satisfy customers' needs for a general type of product. W

VMariaS [17]

Answer:

a. Product, price, distribution, and promotion variables

Explanation:

As a customer requires various attributes of the product, that is for which the customer will not compromise in, these include:

The product needed, as for the customer is hungry he shall ask for a pizza, now pizza is a product.

The price of the product, if the price is in the budget of the customer he shall buy it else he shall not buy it.

Distribution associated with it basically the method in which it will be distributed, the packaging extracts.

Promotion variables includes extra benefits like offered with the product, cash backs as for example, etc:

8 0

3 years ago

Taylor is negotiating to buy some land. Under the first option, Taylor will give Ella $150,000 and assume her mortgage on the la

Anna11 [10]

Answer:

The cost basis for the land is equal under both options.

Explanation:

If Taylor pays Ella $150,000 in cash and assumes the mortgage of $100,000, the cost basis of the land will be $250,000 (= $150,000 + $100,000). If he decides to pay Ella the full amount of $250,000, that will also be the cost basis of the land.

The only real difference is that if Taylor decides to assume the mortgage, he will need a smaller initial cash flow ($150,000).

8 0

3 years ago