1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Kitty [74]
3 years ago
14

Both nadia and samantha are applying to insure their car against theft. nadia lives in a secure neighborhood, where the probabil

ity of theft is 10%. samantha lives in a lesser secure neighborhood where the probability of theft is 25%. both nadia and samantha own cars worth $10,000, and are willing to pay $100 over expected loss for insurance. ​ how much would samantha be willing to pay for the insurance? a. ​ $1100 b. ​ $2600 c. ​ $2500 d. ​ $1000
Business
1 answer:
MrRissso [65]3 years ago
7 0

Answer:

Samantha will be willing to pay $ 2,600. The right answer is B.

Explanation:

Acording to the details, the probability of loss in case of Samantha's neighborhood is 25%.

Hence, the expected loss to her will be = 25/100 * 10000 = $2500

Samantha is willing to pay $100 over her expected loss, hence the amount that Samantha be willing to pay = ($2500 + $100 ) = $2600

Samantha will be willing to pay $2600

You might be interested in
You are the Accounting Director for SpaceX based in New York. Your department is implementing new accounting software (called Fi
soldier1979 [14.2K]

Answer:

The change will impact all 300 locations. The letter should be written to entire staff of the SpaceX.

Explanation:

To: All Staff SpaceX Team

Subject: Change over details (First Launch)

As you all are already aware about the implementation of new software named First Launch . The software installation run will start from March 1, 2021 at 9:00 a.m. Every accountant receiving the new product will require to install the software within 48 hours. Failure to do will result in expiry of the password which will require resending the software. After installation all accountants must restart the computer.

This change will affect all 300 locations across the United States. The changeover will result in improved efficiency, increase in security and there will be more transparency.

If there is any concern or query regarding this change feel free to write the team implementing the change.

Regards,

Director Accounts.

8 0
2 years ago
Street Runner Engine Shop uses a job order cost system to determine the cost of performing engine repair work. Estimated costs a
KiRa [710]

Answer:

$8.20/Direct Labor hours

Explanation:

Cost of performing engine repair work = Shop and repair equipment depreciation + Shop supervisor salaries + Shop property taxes + Shop supplies

Cost of performing engine repair work = $40,000 + $133,000  + $22,000 + $10,000

Cost of performing engine repair work = $205,000

Direct Labor Hours = Direct Labor/Direct Labor rate

Direct Labor Hours = 500,000/$20 per hour

Direct Labor Hours = 25,000 hours

Predetermined shop overhead rate per direct labor hour = $205,000 / 25,000 Hours = $8.20/Direct Labor hours

5 0
3 years ago
The measure that captures the use of a fixed asset in serving customers relative to the asset's capacity is known as the _______
Gelneren [198K]

Answer:

Utilization.

Explanation:

The measure that captures the use of a fixed asset in serving customers relative to the asset's capacity is known as the utilization rate.

This ultimately implies that, a utilization rate measures or estimates the level of output a fixed asset produces relative or in comparison with it's capacity.

Generally, the utilization rate is usually measured in proportions and displayed in percentages so as to gather information about organizational cost structure and operational efficiency.

6 0
3 years ago
HELP PLEASEE!! CORRECT ANSWER GETS BRAINLIEST A cash outflow from a financing activity would be
ehidna [41]
I believe the answer is “a” or “paying cash dividends.”
5 0
3 years ago
Bali Inc. reported $605,800 net income before tax on this year’s financial statements prepared in accordance with GAAP. The co
kodGreya [7K]

Answer:

$669,950

Explanation:

Computation of taxable income

Bali’s net book income before tax$605,800 Excess of book over tax depreciation25,600

Book gain on equipment sale$(23,000)

(53,000-27,400)

Tax gain on equipment sale38,000 15,000

(23,000-38,000=15,000)

Nondeductible loss on sale to related party 23,550

(75,000-51,450)

Taxable income$669,950

(605,800+25,600+15,000+23,550)

Therefore the taxable income will be $669,950

4 0
3 years ago
Other questions:
  • A machine was purchased at a cost of $52,000. The equipment had an estimated useful life of seven years and a residual value of
    5·1 answer
  • Why are both non excludability and non rivalry important elements of public goods?
    13·1 answer
  • Suppose you have drawn a consumer's budget line for food and clothing, with food on the x-axis. Which of the following events wo
    15·1 answer
  • urrently, the unit selling price of a product is $260, the unit variable cost is $210, and the total fixed costs are $640,000. A
    6·1 answer
  • More companies are posting job advertisements on industry specific sites, because the applicants are usually more qualified.(A)
    7·1 answer
  • Theo is in target looking for a gift for his girlfriend. theo is not sure of what he wants except in general terms. at what leve
    13·1 answer
  • . Find the accumulated present value of a continuous income stream that earns 4.2% interest annually, when $4000 is deposited pe
    14·1 answer
  • Your boss is considering a 5-year investment project. If the project is accepted, it would require an immediate spending of $678
    11·1 answer
  • Describe the customer intimacy and operational excellence related information problems that drove PepsiAmericas to adopt a more
    8·1 answer
  • An agent who arranges a transaction between a buyer and a seller of equity securities is called a:_____.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!