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Artemon [7]
2 years ago
9

You have been at fault in your sexond accident in 6 months. Your insurance company is going to increase your annual premium by 2

8%. Your current annual premium is $975. What will your adjustment premium be
Business
2 answers:
Naddik [55]2 years ago
7 0

Answer:

$1,248

Explanation:

Flauer [41]2 years ago
5 0

Answer:

$1,248

Explanation:

The current premiums are $975, which is equivalent to 100%. The new premium will increase by 28%.

New premiums will be $975% plus 28%, which is equal to 128% of  $975

= $975 x 128/100

=$975 x 1.28

=$1,248

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On January 1, 20X8, Polo Corporation acquired 75 percent of Stallion Company's voting common stock for $300,000. At the time of
polet [3.4K]

Answer:

Polo will report $318,750 as its investment in Stallion at December 31, 20X8

Explanation:

Common stock = $300,000 acquired at 75%

Net income = $40,000

Pay dividends = $10,000

Increase in value of Patent = $50,000    

Economic Life = 10    

Amortization = $5,000    

Therefore, the $ 5000 would be reduced from the net income.

Investments in Polo = $300,000 + [0.75 × (40000 - 10000 - 5000)]

= $300,000+ 0.75(25,000)  

= $300,000+ $18,750    

= $318,750    

7 0
3 years ago
Some spending and taxes increase or decrease with the business cycle. This event often has an effect on the economy that is simi
spayn [35]

Answer: Automatic stabilizers

Explanation:

 The automatic stabilizers are one of the type of fiscal policy that which are design for the economical fluctuation. It is mainly authorized by the government and also by the policy makers.

The automatic stabilizer is also known as the economical policy and the activity is done without any government intervention. In this system, the income and taxes are get decreased or increased in the business cycle.

Therefore, Automatic stabilizers is the correct answer.

6 0
3 years ago
From 2015 to 2016, the overall price level rose from 200 to 220. Over the same period, tuition rates at the local community coll
vovikov84 [41]

Answer:

We can conclude that tuition rates at the local community college are rising faster than overall inflation.

This is because from 2015 to 2016, the overall price level rose 10%, from 200 to 2020 (20 is the 10% of 200), while tuition rates rose 15% in the same period, from $100 to $115 (15 is obviously the 15% of 100).

4 0
3 years ago
Portions of the financial statements for Alliance Technologies are provided below. Alliance Technologies Income Statement For th
Dmitrij [34]

Answer:

Net cash flow from Operating activities  $       97,000.00

Explanation:

The problem can not be solved on the answer box here, that is why i made use of the microsoft word table in other to understand the solution properly

Download docx
3 0
3 years ago
In his company's most recent downsizing, Emil was one of only five workers in his department who was not let go. Emil's employer
torisob [31]

Answer:

The correct option is: c. Mistrust

Explanation:

Mistrust or distrust is described as the <u>lack of confidence</u> in other individual or organization, experienced by an individual in case of <u>uncertainty and potential risks.</u>

In the given example, due to the reduced workforce or the downsizing of Emil's company, Emil is experiencing a lack of confidence and trust in his company.

<u>Therefore, Emil is most likely experiencing feelings of </u><u>mistrust or distrust </u><u>in the company's management.</u>

7 0
3 years ago
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