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serg [7]
3 years ago
11

In the state where Susan lives, drivers whom private insurance companies do not want to insure are placed in a common pool, and

each insurer pays its pro rata share of pool losses and expenses. A common policy is used for all high-risk drivers. Susan's state handles high-risk drivers through a(n)
Business
1 answer:
deff fn [24]3 years ago
3 0

Answer: Joint Underwriting Association

Explanation: An association which affords licensed drivers the opportunity to come together and provide coverage or compensation for vehicle owners or insurers is the Joint Underwriting Association. Members of the association are usually composed of drivers who have been unable to obtain insurance the regular or private insurance companies usually due to the risk exposure level of the driver's or car owners. The joint Underwriting Association requires that members pay shares fees and share of pool losses. However, they are usually more affordable than the standard insurance coverage offered by most private insurance companies and thus provides an insurance lifeline to high risk drivers.

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Swifty Company manufactures and sells three products. Relevant per unit data concerning each product are given below. Product A
Degger [83]

Answer:

Product A = 1.50

Product B =  2

Product C =  1.50

Explanation:

Contribution margin = (price - variable cost) /  total number of hours

Product A = ($9 - $6) / 2 = 1.50

Product B = ($14 - $12) / 1 = 2

Product C = ($18 - $15) / 2 = 1.50

Product B would be produced because its contribution margin is the highest

8 0
3 years ago
A Wyndham resort that serves Starbucks coffee is an example of _[blank]_.
stellarik [79]

Answer:

Co-branding

Explanation:

Co-branding is the strategic alliance of 2 or more brands who partner together to increase market synergy and make a convenient or strategic service for customers. Another example is Doritos and Taco Bell making the Taco Bell "Doritos Locos" taco. Two separate brands, partnering on a project to increase sales and customer interest.

7 0
3 years ago
During a group session, the only Persian member and another member ended up in a heated debate about cultural differences. The l
Nikitich [7]

Answer: D. ​Overidentifying with the Persian member.

Explanation:

The leaders fear in this case is over identifying with the Persian member. Since the leader is Persian, he is afraid that he could overidentify with the Persian member and this could bring about biasness with the way he handles the issue.

Therefore, based on the given options, the correct answer is D.

6 0
3 years ago
How much is 1 million british pounds worth in us dollars?
SIZIF [17.4K]
Answer: 1 million in British pounds converts to 1221650.00 US Dollars

I hope this helps! :)
7 0
3 years ago
Rothbart Manufacturing agrees to manufacture bumper cars for 12 Banners Amusement Parks. Under the terms of the contract, 12 Ban
Norma-Jean [14]

Answer:

Rothbart Manufacturing

From the case study, Rothbart Manufacturing has incurred an equivalent cost of 80% in the manufacture of the bumper cars, it should then recognize revenue of $48,000 ($60,000 * 80%) under the percentage of completion method.

However, under the new IFRS 15 or ASC 606 Revenue from Contracts with Customers, Rothbart Manufacturing can only recognize revenue based on the fulfillment of the contract's performance obligations, evidenced by the transfer of the asset or some benefits to the buyer.

I do not see any transfer of benefits here.  Instead of recognizing any revenue the current year, Rothbart Manufacturing should assign the cost incurred so far (80%) to Work in Process Inventory, which is a current asset.  It can then recognize revenue when the bumper cars are sold.

Explanation:

The International Financial Reporting Standard (IFRS) 15 specifies when revenue from contracts with customers should be recognized.  This standard is equivalent to the US Accounting Standard Code 606.

5 0
3 years ago
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