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
Sunny_sXe [5.5K]
3 years ago
10

Stephen is slowing down as he approaches a red light. He is looking in his mirror to switch lanes and misjudges how close Keisha

’s car is, rear-ending her car. When they get out and assess the damage, Keisha’s bumper will need to be replaced. What type(s) of insurance could Stephen use to cover this accident? Response area
Business
1 answer:
leva [86]3 years ago
4 0

Answer:

  • a. Liability coverage.
  • c. Collision coverage.

Explanation:

Liability coverage can be used to fix Keisha's car because it is the part of a car's insurance policy that it meant to pay for damages inflicted on other people's cars by the insurance policy holder.

Collision coverage is the part that helps cover the expenses relating to damages to the holder's own car so Stephen will be able to use collision coverage to cover any damage to his car.

You might be interested in
On January 1, 2018, Como Company purchased 45% of the outstanding common shares of the Lite Company for $200,000. The net assets
NeX [460]

Answer: a. $28,000 $210,000

Explanation:

First column is income and second is Carrying value.

Carrying value is the fair value at year end = $210,000

Income = Dividend received + fair value adjustment

Fair value adjustment = Fair value - cost of shares

= 210,000 - 200,000

= $10,000

Dividend = 45% * 40,000

= $18,000

Income = 18,000 + 10,000

= $28,000

3 0
3 years ago
During 2017, Windsor Company changed from FIFO to weighted-average inventory pricing. Pretax income in 2016 and 2015 (Windsor’s
Illusion [34]

Answer:

Description                              2017              2016            2015

Net Income                             $146,402‬    $107,281‬       $123,114‬

Explanation:

The question is to compute a statement of income comparative figures. The step is therefore to use the weighted average pricing method to replace the historical income before taxes for both years 2016 and 2015. After this is done, we then re-calculate the appropriate taxes and arrive at the net income.

Description                              2017              2016            2015

Income before taxes             206,200         151,100        173,400

Subtract: Income tax @29%   59,798‬           43,819‬           50,286‬

Net Income                             146,402‬         107,281‬         123,114‬

5 0
4 years ago
Which of the following is a supporting activity in the value chain? a. Logistics b. Marketing and sales c. Accounting d. Product
Alisiya [41]

Answer:

c. Accounting

Explanation:

Value chain refers to various linked activities in creating a product wherein at each stage, certain value is added. The concept was given by Michael Porter.

Porter divided the value chain activities into two groups i.e primary activities and secondary or support activities.

As the name suggests, support activities refer to those activities which aid or support the primary activities.

One of the support activities mentioned by Porter is the Infrastructure, which includes accounting function of an enterprise.

7 0
4 years ago
A company's operating income was $70,000 using variable costing for a given period. Beginning and ending inventories for that pe
AlladinOne [14]

Answer:

Operating Income Using Full Costing                          $

Operating income based on marginal costing          70,000

Add: Difference in inventory valuation (5,000 x $8)  40,000

Operating income based on absorption costing        110,000

Explanation:

In this case, we need to calculate difference between closing inventory and opening inventory (50,000 - 45,000= 5,000 units). The difference in inventory is valued at fixed factory overhead application rate of $8. The value of difference in inventory is added to the operating income reported by marginal costing.

6 0
3 years ago
The basic communication model describes how a message is transmitted from a sender to a receiver. the receiver's _________ depen
vladimir2022 [97]
The receiver's understanding depends on how the message was interpreted by the receiver.
5 0
3 years ago
Other questions:
  • Which of the following is NOT one of the three major factors that affect population growth?
    10·1 answer
  • A flood damaged several vans belonging to a nongovernmental, not-for-profit organization. A professional mechanic repaired the v
    5·1 answer
  • Stocks A and B have the following data. Assuming the stock market is efficient and the stocks are in equilibrium, which of the f
    6·1 answer
  • If you were putting together a SWOT analysis for your department’s latest production cycle, in which category would you list a c
    5·2 answers
  • Which of the following demonstrates the ability to accept constructive criticism well?
    14·1 answer
  • Perez Concrete Company pours concrete slabs for single-family dwellings. Lancing Construction Company, which operates outside Pe
    14·1 answer
  • Middlefield Motors is evaluating project A, which would require the purchase of a piece of equipment for 393,000 dollars. During
    12·1 answer
  • Bobby is speaking to his friend and says, "this musical is going to cost me $60 when I buy the ticket." His friend corrects him
    12·1 answer
  • torico Co. just paid a dividend of $1.85 per share. The company will increase its dividend by 24 percent next year and will then
    8·1 answer
  • 3. Chin Lee Florists is opening a new store in the warehouse district of town. The annual rent is $8.75 per
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!