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
sp2606 [1]
3 years ago
14

Henry has a $10,000 car insurance policy with a $400 per claim deductible. Henry is involved in an accident, and his car sustain

s $7,000 worth of damage. How
much will Henry's insurance company pay?
Business
1 answer:
sertanlavr [38]3 years ago
7 0

Answer:

The answer is $6,600

Explanation:

I know this because i got it right when i answered it

You might be interested in
Supply chain management should begin with a focus on _______. a. the producer b. the marketing channel c. the customer d. the se
krek1111 [17]

Answer:

(C) Supply chain management should begin with a focus on "the customer".

Explanation:

Supply chain management involves managing all the processes involved in converting raw materials to finished goods and distributing such goods or services to satisfy customer needs.

Processes involved in supply chain management include; sourcing for raw materials, manufacturing, packaging, delivery, customer service.

Before any of these processes are carried out however, an organization must first focus on identifying the needs of its customers and then provide products that add value for the customers and satisfy their needs.

4 0
2 years ago
Hunt Incorporated sold $209,000 of accounts receivable to Gannon Factors Inc. on a with recourse basis. Gannon assesses a 2% fin
pentagon [3]

Answer:

Dr Cash $190,190

Dr Due from Gannon Factors $14,630

Dr Loss on Sale of Receivables $16,280

Cr Accounts Receivable $209,000

Cr Recourse Liability $12,100

Dr Accounts Receivables $209,000

Cr Due to Customer $14,630

Cr Interest Revenue $4,180

Cr Cash $190,190

Explanation:

Journal entries

Dr Cash $190,190

Dr Due from Gannon Factors $14,630

Dr Loss on Sale of Receivables $16,280

Cr Accounts Receivable $209,000

Cr Recourse Liability $12,100

Dr Accounts Receivables $209,000

Cr Due to Customer $14,630

Cr Interest Revenue $4,180

Cr Cash $190,190

*7% X $209,000 =$14,630

*2% X $209,000 =$4,180+$12,100=$16,280

5 0
3 years ago
Which one of the following is NOT a real option? The option to buy shares of stock if its price is expected to increase. The opt
puteri [66]

Answer:

The answer is: The option to buy shares of stock if its price is expected to increase.

Explanation:

A <em>"real option"</em> in management is: a choice managers can take concerning business investment opportunities. <em>Real options</em> usually involve tangible assets (machinery, buildings, inventory, land, etc.) but not financial instruments or stocks.

So the buying or selling of stocks aren´t considered <em>real options</em> in business management.

4 0
2 years ago
The supply curve for oil shows:
12345 [234]
Supply of oil at different prices of other goods.
4 0
3 years ago
Pension plan assets were $1,200 million at the beginning of the year and $1,252 million at the end of the year. At the end of th
FromTheMoon [43]

Answer: 4%

Explanation:

From the question, we are informed that Pension plan assets were $1,200 million at the beginning of the year and $1,252 million at the end of the year and that at the end of the year, retiree benefits paid by the trustee were $28 million and cash invested in the pension fund was $32 million.

Based on the above scenario, the percentage rate of return on plan assets goes thus:

Opening balance of plan assets 1200

Add:- Actual return = 48

Add:- contributions = 32

Less :- retiree benefits = -28

Closing balance of plan assets = 1252

It should be noted that the actual return is the balancing figure which is calculated as:

= 1252 + 28 - 1200 - 32

= 48

The percentage rate of return on plan assets will now be:

= 48/1200

=0.04

= 4%

4 0
3 years ago
Other questions:
  • Acme Corporation is currently experiencing rising sales for a new-product idea it pioneered several months ago. Profits are also
    5·1 answer
  • Kate recently invested in real estate with the intention of selling the property one year from today. she has modeled the return
    5·1 answer
  • On December 28, 2021, Videotech Corporation (VTC) purchased 12 units of a new satellite uplink system from Tristar Communication
    5·1 answer
  • As a renter, it is safe to assume that when you decide to move out of the rental property,a. you need not inform the owner in ad
    6·1 answer
  • 1. Compound interest is:
    15·1 answer
  • The Sullivan Co. needs to raise $65.4 million to finance its expansion into new markets. The company will sell new shares of equ
    15·1 answer
  • Upstream from Umami Snacks is the set of firms that supply the raw materials, information, and expertise to make the seaweed cri
    7·1 answer
  • Economists who believe in sound finance would say that in a recession, the government should:
    9·1 answer
  • Who is the latest president of America?​
    6·2 answers
  • Edison consulting received a $520 utilities bill and immediately paid it. edison's general journal entry to record this transact
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!