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
Alex
3 years ago
15

Peed VVheels has insurance on its race car track that covers up to $150,000 in damage with a $7,500 deductible. This means that

Speed Wheels must pay the first $7,500 before the msurance coverage begins. The race track is vandalized and incurs $14,200 in damages, How much will the insurance pay toward this damage?
Business
1 answer:
Viktor [21]3 years ago
8 0

Answer:

Speed Wheels and the Insurance Company

The insurance company will pay Speed Wheels $14,200.

Explanation:

a) Data:

Insurance cover = $150,000

Insurance premium = $7,500

Insurance Claim = $14,200

b) The insurance company is expected to restore the insured, Speed Wheels, to its former position before the damage. It can do this by issuing a check to the value of the claim after some verifications.  The insurance company will most likely not reject the claim as the amount of damage suffered is within the insurance coverage.

You might be interested in
a manufacturing operation consists of 10 operations; 5 of them are distinct machining operations and the other 5 are distinct as
m_a_m_a [10]

14,400 production sequences are possible.

Since the first set of machining operations can be performed in any order, after selecting one, there are 4 operations left. After selecting another, there are 3 operations left.

After selecting yet another, there are 2 operations left. Finally, after selecting yet another, there is only 1 operation left. This procedure may be described by the equation below: There are 120 potential options when multiplying 5 by 4 by 3 by 2 by 1. It may also be written mathematically as 5! = 120.

Here, We have 5 × 4 x 3 x 2 x 1 = 120 potential unique options for the final five assembly processes.

So total number of combinations will be - 120 × 120

= 14,400

To learn more about Combinations from given link

brainly.com/question/13398997

#SPJ4

8 0
2 years ago
Louis Petit, a manager of Doggone Gorgeous, Inc., was reviewing the water bills of a dog daycare and spa. He determined that its
Sergeeva-Olga [200]

Answer:

Fixed cost = $1100

Explanation:

given data

Highest bill = $3,800

lowest bills = $2,000

dog washed in May = 600

dog washed in November = 200

to find out

fixed cost associated with the company's water bill

solution

first we get here variable cost that is express as

variable cost = (Highest bill - Lowest bill) ÷  ( Dogs washed may - Dogs washed November )  ...........1

put here value we get

variable cost = \frac{3800-2000}{600-200}

variable cost = $4.5 per dog

so fixed cost will be here as

Fixed cost = Total cost to wash 600 dogs - Variable cost to wash 600 dogs

Fixed cost = $3800 - $4.5 × 600 dogs

Fixed cost = $3800 - $2700

Fixed cost = $1100

7 0
3 years ago
Managers should select the capital structure that A. maximizes the value of the firm. B. has no debt. C. is fully levered. D. mi
motikmotik

Answer:

A. maximizes the value of the firm.

Explanation:

Managers should select the capital structure that "A", maximizes the value of the firm.   He may select a capital structure with full debt or no debt, based on certain fact  and conditions.

Capital Structure may result in Minimum taxes and generate Current level of Income but the most important is to maximize the value of the firm.

4 0
3 years ago
All of the following situations contribute to the need for a company to recognize deferred revenues, except for:
blondinia [14]

Answer: C) mutually unexecuted contracts between buyers and sellers.

Explanation:

Mutually Unexecuted contracts refer to a situation where both parties being the buyer and the seller have not executed their parts of the bargain or rather fulfilled their parts of the contract.

In such a case, even though legally, there is an obligation to perform due to the signing of a contract, Accounting wise, there is no need to record a liability.

This is why Mutually Unexecuted contracts do not contribute to the need to recognize deferred revenue.

7 0
4 years ago
After a firm has conducted a SWOT analysis, it would typically progress to the next step of marketing planning, which is _______
Alona [7]

Answer:

C. identifying and evaluating opportunities

Explanation:

Following the situation review, the third step in the marketing planning stage includes finding prospects through STP. According to specialists, opportunity evaluation is intended to determine opportunities in the future and to recognize rich assets that the businessman can handle and use.

3 0
3 years ago
Other questions:
  • The new "Hungry for Apples?" campaign has been a resounding success, so that the quantity demanded is now 100% greater than befo
    12·1 answer
  • Consider the following simplified balance sheet of a commercial bank: ASSETS LIABILITIES Vault cash $200 $3500 Deposits Deposits
    11·1 answer
  • An effective minimum wagea. imposes a price ceiling on the wages of various categories of low-skill workers.b. increases the dem
    14·1 answer
  • Do you believe the decision to start a new
    11·1 answer
  • Following implementation of a new city law, a restaurant chain began displaying the nutrition labels for their menu items. the r
    13·1 answer
  • Samuelson Electronics has a required payback period of three years for all of its projects. Currently, the firm is analyzing two
    7·1 answer
  • Isabella is on temporary layoff from her factory job. If Isabella participated in the BLS survey she will be classified as?
    7·2 answers
  • What information do consumer reporting agencies provide banks and lending businesses for a person's credit history when a person
    6·1 answer
  • ________ strategy involves the types of decisions made and direction created for a company that operates multiple lines of busin
    12·1 answer
  • the grange and farmers’ alliances differed in their views on the regulation of business. their commitment to political action. t
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!