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3 years ago

(04.03 LC)

Business

1 answer:

klemol [59]3 years ago

5 0

Answer:

C. Safe driving

Explanation:

Behavioral factors refer to the lifestyle habits of an individual. Auto insurance premiums are largely determined by the risk involved, as assessed by the insurance company. Insurance companies consider

the car and its safety features,
the driver's history and habits,
insured credit history, among other factors, when determining auto premiums.

Safe driving is a habit that develops in a driver over time. It is captured in the driver's driving history. A driver with few incidents and accidents than other pay lower insurance premiums. However, accident-prone drivers, those who drive many hours per day, and night drivers will always pay high insurance premiums.

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Which is the best option for people who need the items immediately but cannot pay cash now?

professor190 [17]

<h2>Answer</h2>

Buy on Credit

<h3>Explanation</h3>

When in a liquidity problem and items have to be bought, buying on credit seems to be the best option. Buying on credit allows immediate ownership of required items whereas the money can be paid later as per the credit policy and terms. This permits the consumer to take the advantage of item ownership with delayed payment hence double advantage.

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3 years ago

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OSHA can help a business avoid this type of risk

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What are the risk options ?

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2 years ago

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Demand and cost information for a monopoly

sattari [20]

Question:

Please see the Demand and Cost information reproduced in the attached table

Answer:

The correct choice is A)

Profit if maximized where price is equal to $20.

At this price, MR = MC.

Please see the attached PDF.

Explanation:

The profit-maximizing choice for the monopoly will be to produce at the quantity where marginal revenue is equal to marginal cost:

That is, the point where MR = MC.

If the monopoly produces a lower quantity, then MR > MC at those levels of output, and the firm can make higher profits by expanding output.

Cheers!

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3 years ago

At the beginning of its fiscal year, Lakeside Inc. leased office space to LTT Corporation under a nine-year operating lease agre

ziro4ka [17]

Answer:

a.Lakeside's earnings will reduce by $156,000

b. Lakeside's earnings will increase by $20,000.

Explanation:

The rental fee payment per quarter =$39,000.

The rental fee payment per year = $39,000 x 4 = $156,000

In this case, none of the classification criteria of a capital lease is met. Hence, the lease will be recorded as an operating lease and all the four quarterly payments will be recorded as rent expense by LLT. This will reduce LTT's earnings by $156,000.

Lakeside will record all the payments received from LTT as rent revenue since it is an operating lease. Also, because Lakeside is the owner of the asset, she will record depreciation on the asset too.

Thus,

Increase in lakeside's earnings = Rent revenue - Depreciation expense.

Rent revenue = $156,000

Depreciation expense = $3,400,000 / 25 = $136,000

Thus,

Lakeside's earnings will increase by $20,000 (that is , $156,000 - $136,000).

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3 years ago

Owens Finest Mattress Co., Inc. decided to employ an anti-mission statement. Which of the following phrases did they use

Kaylis [27]

Answer would be C. We'll destroy Sealy

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