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3 years ago

Joel is driving down the highway and hits a deer that darts in front of his car. what insurance would cover the damage?

Business

2 answers:

aleksklad [387]3 years ago

6 0

comprehensive im pretty sure

Evgen [1.6K]3 years ago

3 0

Answer:

B)comprehensive is the correct answer.

Explanation:

Joel is driving down the highway and hits a deer that darts in front of his car. comprehensive insurance would cover the damage.

In this case, if the person has comprehensive insurance the tow will be covered automatically as a part of a claim.

Comprehensive insurance is less expensive and it helps us to repair our vehicle if it is damaged or stolen in an event that was beyond your control.

It covers situations like robbery, destruction, windshield breakage, damage due to fire, accidents with the animals, climate, etc.

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11. Brooke Company desires net income of $720,000 when it has $2,000,000 of fixed costs and variable costs of 60% of sales. Cont

Mila [183]

Answer:

b. $2,720,000

Explanation:

The contribution margin is what is left after subtracting the variable cost from the sales.

From there, the company pays their fixed cost and the rest is net income.

In this case you have a company desiring to get 720,000 net income after paying their 2,000,000 fixed cost

So we come up with with formula:

$Contribution Margin - Fixed Cost = Net Income$

Replacing the know values, we get the unknow value. Like it was a solve for X question:

$X - 2,000,000 = 720,000\\X = 2,000,000 + 720,000\\X = 2,720,000$

8 0

4 years ago

The departmental patriarch spent his last years at the university developing and promoting a Student Portfolio Project that requ

valentinak56 [21]

Answer:

D, starvation

Explanation:

Starvation can be defined as the deprivation of a certain thing till it leads to death. More often than not, starvation has majorly been synonymous with suffering as a result of lack of food.

In the above question, as soon as the patriach died, the Student portfolio project started to starve. It lacked continuos push and effort like the patriach did.

Cheers.

3 0

4 years ago

When don was faced with the problem of fixing the faucet in his kitchen, he suddenly realized that he didn't have to hire a cost

Aliun [14]

This example illustrates INSIGHT. A person is said to have an insight when a solution to a problem present itself to him or occur to him suddenly. Insight refers to the sudden discovery of a perfect solution after trying unsuccessfully to fix a problem.

3 0

4 years ago

Texas Corporation is undergoing a complete liquidation and distributes land to Robert, one of its shareholders, in exchange fo

Oxana [17]

Answer:

Loss to be recognized is $25000

Explanation:

Liquidation refers to a process whereby a company's operation come to an end, which leads to distribution of assets and liabilities to the claimants and winding up the business.

A company may be forced to liquidate owing to consistent losses. In such cases, the claims of all the stakeholders cannot be satisfied and they receive pro-rata basis allocation which covers everybody's claim to an extent, if not fully.

In the given case,

Robert's receipt is Land. Liabilities attached to the land being $325,000 while the land has fair market value of $400,000.

Thus, after assuming the liability, Robert's actual realized amount is,

$400,000 - $325,000 = $75,000

Since, the land was received in consideration for discharge of Robert's own share in company amounting to $100,000.

Thus, Gain/Loss to be recognized by Robert = $75, 000 (receipts) - $100,000

= - $25,000

i.e Robert should recognize a loss of $25,000.

4 0

4 years ago

an audit manager) has been assigned to the audit of Tandem Electric, Inc. Dorothy is concerned that Joanne, a friend from her co

zhannawk [14.2K]

I thought it would be B. Because if she is doing audit and knows someone in the company that is helping with the audit, she is NOT legally able to do the audit! That is what I learned in accounting anyway. I am not sure though just an input.I would pick B.

6 0

3 years ago

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