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Vesnalui [34]
4 years ago
7

In an effort to reduce cost on auto insurance, Sophia has lowered each component of her current plan to the cheapest possible op

tion. Sophia’s current insurance agency is Fret-No-More Auto Insurance, whose policy options are listed below. The annual premium for Sophia’s current policy is $511.31. What decrease in her annual premium will Sophia see after the change?
Business
1 answer:
MAXImum [283]4 years ago
5 0

Answer:

Sophia will save $38.15

Explanation:

If Sophia chooses the cheapest possible option, her choices will be:

bodily injury                        $25/50,000                   $21.35

property damage                 $25,000                      $115.50

collision                           $500 deductible            $248.08

<u>comprehensive               $100 deductible               $88.23  </u>

total premium                                                           $473.16

she will save $511.31 - $473.16 = $38.15

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A company has budgeted direct materials purchases of $250000 in July and $420000 in August. Past experience indicates that the c
san4es73 [151]

Answer:

The budgeted cash disbursements for August are $532,000

Explanation:

Amount of cash the company pays for purchases in August:

30% x Materials purchases in July + 70% x Materials purchases in August = 30% x $250,000 + 70% x $420,000 = $369,000

The budgeted cash disbursements for August = Cash paid for purchasing materials + Wages Expense + Purchase of office equipment + Selling and Administrative Expenses = $369,000 + $60,000 + $64,000 + $39,000 = $532,000

Noted: Depreciation is a non-cash accounting expense, so it doesn't involve cash flow

4 0
3 years ago
You have been assigned to research behaviors related to various reactions to different types of media. The one firm directive yo
aev [14]

Answer:

c. It must include both qualitative and quantitative methods.

Explanation:

For the research of behaviors related to various reactions to different types of media, I will consider both qualitative and quantitative methods.

Qualitative and quantitative methods together provide more comprehensive results of the research. Qualitative methods give the quality of the media type and quantitative methods will give quantitative data such as how many people are using the particular media type and for how much time.

Hence, the correct answer is " c. It must include both qualitative and quantitative methods."

6 0
3 years ago
"Active investment management may at times generate additional returns of about .1%. However, the standard deviation of the typi
s344n2d4d5 [400]

Answer:

magnitude

Explanation:

Even if true, this statement is an example of the magnitude problem in deciding how efficient the markets are

8 0
3 years ago
Harriet operates a coffee shop. One of her customers wants to buy two kinds of​ beans: Arabian Mocha and Colombian Decaf. If she
melomori [17]

Answer:

it will purchase

96 dollars of Arabian Mocha

and 48 dollars of Colombian Decaf

Explanation:

we build the equation system:

144 = x  + y \\ x = 2y

we replace the second expression on the first and solve for y

144 = (2y) + y

144 = 2y + 1y

144= 3y

144/3 = y

48 = y

now we solve for x

x= 2y

x= 2 times 48 = 96

6 0
3 years ago
Rick and Joe get together and start a mortgage brokerage business. They each contribute $25,000 of capital to the business. Afte
bezimeni [28]

Answer:

a.common stock.

Explanation:

The additional $10,000 of owners equity after listing on the stock market will be named as common stock. After listing company issues shares for capital investment in it. Common stock is the appropriate term used for every addition in the owners equity. So the correct option is a.common stock.

7 0
3 years ago
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