$1500 will be paid by the Insurance policy as the accident has lead to $725 damage to John’a car which will be covered up to $500 (full amount that insurance can pay), leaving him to pay off the rest. As for the liability that is worth $1525 so insurance will pay what it can which is $1000, leaving John to pay off the remaining amount. So the insurance is paying $1500 ($500 comprehensive coverage plus $1000 liability coverage)
Answer:
$7,400
Explanation:
The impact on the company's overall profit is shown below:-
<u>Particulars Amount
</u>
Sales $50,320 (740 × $68)
Less : Variable cost
Direct material $30,340 (740 × $41)
Direct Labor $10,360 (740 × $14)
Variable Manufacturing
overhead
($51,000 ÷ 17,000) $2,220 (740 × $3)
= 3
company's overall profit $7,400
To reach the company's overall profit we simply deduct the Direct material, direct labor and variable manufacturing overhead from sales.
Solution :
Given :
The bonds offer a
of 4.5% per year
Tax rate = 10% = 0.10
Inflation rate = 2
=
+ 
= 2 + 4.5
= 6.5
=

= 

= 5.85
After tax real interest rate =
- 
= 5.85 - 2.0
= 3.85
= 7.0

=
+ 
= 7 + 4.5
= 11.5
=



= 10.35
= 11.5 x (1 - 0.10)
= 11.5 x 0.90
= 10.35
=
- 
= 10.35 - 7.0
= 3.35
Putting all the value in table :
Real interest Nominal interest After tax nominal After tax
rate rate interest rate interest rate
2.0 4.5 6.5 5.85 3.85
7.0 4.5 11.5 10.35 3.35
Comparing with the
, a
will increase the after after tax real interest rate when the government taxes nominal interest income. This tends to encourage saving, thereby increase the quantity of investment in the economy and the increase the economy's long-run growth rate.
Hakim Goals
Explanation:
Hakim set goals for his store that included satisfying his customers while making enough money to open a second store. Which component of a goal did Hakim leave out :
1.Hakim didn't leave anything out.
2. Hakim forgot to include the overall strategy or course of action he would use to fulfill his mission.
3. Hakim forgot to include a time frame in which the goal is to be achieved.
4. Hakim forgot to include exactly how much profit he wanted to make.
5. Hakim forgot to include what his store's purpose and basic philosophy are.
<span>Often take a commission for their service. The commission could be a flat rate or a percentage of the check. Generally banks do not charge their customers to cash checks. A bank may charge a small fee to cash a check if the person is not their customer.</span>