If demand for a good falls, but the opportunity cost of making the good increases, then production of the good will:_______

Kurt has 25/50/25 auto insurance coverage. One evening he lost control of his vehicle, hitting a parked car and damaging a store

larisa86 [58]

Answer:

A. $25,000

B. $4,300

Explanation:

A. Calculation to determine What amount will the insurance company pay for the damages

Using this formula

Insurance payment=(Claim amount, Policy limit)

Let plug in the formula

Insurance payment= $25,000

Therefore the amount that the insurance company will pay for the damages is $25,000

B. Calculation to determine What amount will Kurt have to pay

Using this formula

Personal liability=Claim amount - Insurance payment

Let plug in the formula

Personal liability=($9,000 + $20,300) - $25,000

Personal liability=$29,300-$25,000

Personal liability=$4,300

Therefore Kurt have to pay $4,300

8 0

2 years ago

Max Staxx borrowed $2,000 on a 10%, 120 day note. After 45 days, Max paid $700 on the note. Thirty days later, Max paid an addit

allsm [11]

$670 is the final balance due that max wants to pay.

Explanation:

Max borrowed a $2000 amount on a 120-day note. First, he paid $700 in the 120-day note. So the current amount he paid is $700.
After thirty days max paid the amount of $630. So totally he paid $1330 in a note of 75 days. So 45 days are remaining.
So the final balance due is $670. So Max wants to pay $670 on a note of 45 days.

6 0

3 years ago

Carlos is taking a class to learn presentation skills. Which type of communication is he using when he improves his PowerPoint s

rosijanka [135]

Answer:

visual ,i like your profile add my sn a p,joel.ewc123

Explanation:

5 0

2 years ago

Fill in the missing amounts.

love history [14]

Let understand that the organized table are intended to calculate missing numbers on Income Statement for the two companies are drawn below.

Here, we are calculating missing columns for Monty Corp. and Whispering Winds Corp.

Also understand that the bold numbers are the columns calculated according to the question.

Particulars Monty Corp. Whispering Winds Corp.

Sales revenue $90,000 $111,000

Sales return and allowance $6,000 $5,000

Net sales $84,000 $106,000

Cost of goods sold $53,760 $65,720

Gross profit $30,240 $40,280

Operating expenses $15,120 $19,080 

Net income $15,120 $21,200

In conclusion, the formulae used to derived the bolded answers are:

Sales revenue - Net sales = Sales returns and allowance
Net sales - Cost of goods sold = Gross profit
Gross profit - Operating expenses = Net income
Net sales + Sales return and allowance = Sales revenue
Net sales - Gross profit = Cost of goods sold
Gross profit - Net income = Operating expenses

See similar solution here

brainly.com/question/15062414

4 0

2 years ago

A project has an initial cost of $32,000 and a 3-year life. the company uses straight-line depreciation to a book value of zero

Viktor [21]

Total profit= 1200 plus 2300 plus 1800
average profit = total profit divided by 3
average accounting return= average profit divided by initial investment= 5.52 percent
thats one way
other way is to take average investment = (intial investment plus scrap value) divided by 2

7 0

2 years ago

If demand for a good falls, but the opportunity cost of making the good increases, then production of the good will:________