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3 years ago

What is insurance coverage?

1 answer:

3 0

Definition: Insurance coverage is the amount of risk or liability that is covered for an individual or entity by way of insurance services. Insurance coverage, such as auto insurance, life insurance—or more exotic forms, such as hole-in-one insurance—is issued by an insurer in the event of unforeseen occurrences.

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Positioning maps are based on Multiple Choice the actual objective characteristics of products. the opinions of the marketing ma

Effectus [21]

Answer:

customers' perceptions of products.

Explanation:

Positioning maps are also called perception maps they are visual representation used by marketers to show perception of customers or potential customers. Positioning is based mainly in customer perception and not in what the company feels will be the best for the customer.

For example a company may feel that their products are high quality and will target the upper class, but if customers perceive the product as low quality sales will be low.

Positioning maps also show where a business stands in relation to competitors in the market, and can be used to identify profitable alliances or partnerships.

7 0

4 years ago

On January 1, 2018, Earnest Company purchased equipment and signed a sixminusyear mortgage note for $ 110 comma 000 at 15%. Th

GarryVolchara [31]

Answer:

D. $ 16 comma 619

Explanation:

Mortgage Installment is compromised of the interest and principal payment. The principal value is calculated by deducting the interest on opening balance of mortgage from installment of the year.

Mortgage Amortization schedule

Date Installment Interest Principal Balance

January 1, 2018 110,000

January 1, 2019 29,066 (110,000x15%) 16500 12,566 97,434

January 1, 2020 29,066 (97,434x15%) 14,615 14,451 82,983

January 1, 2021 29,066 (82,983x15%) 12,447 16,619 66,364

7 0

3 years ago

The primary source of earnings of commercial banks is income derived froma. the use of deposits to extend loans and undertake in

weqwewe [10]

Answer:

a. the use of deposits to extend loans and undertake investments.

Explanation:

When you deposit money at a bank, they do not just hold on to all that money. They will loan some of it out to other people and charge them interest for borrowing it. They will also use some of it to purchase investments that earn returns (money). This is the most lucrative source of earnings for commercial banks.

7 0

3 years ago

Use the following data to determine the total amount of working capital from the Banner Auto Supplies Balance Sheet for December

Komok [63]

Answer:

b. 240,000

Explanation:

Calculation to determine the total amount of working capital

First step is to calculate the Current assets

Using this formula

Current assets = Cash + Accounts receivable + Inventory + Prepaid insurance

Let plug in the formula

Current assets= $70,000 + 100,000 + 140,000 + 80,000

Current assets= $390000

Second step is to calculate the Current liabilities using this formula

Current liabilities = Accounts payable + Salaries and wages payable

Let plug in the formula

Current liabilities= $130,000 + 20,000

Current liabilities= $75,000

Now let calculate the working capital using this formula

Working capital = Current assets - Current liabilities

Let plug in the formula

Working capital = $390,000 - 150,000

Working capital = $240,000

Therefore the Working capital is $240,000

4 0

3 years ago

Vin diesel owns the fredonia barber shop. he employs 6 barbers and pays each a base rate of $1,310 per month. one of the barbers

Ugo [173]

To find the fixed cost, we need add all costs that do not change with the number of haircuts. These are the salaries of the barbers and the manager bonus, the advertisement fees, rent and the magazines. We also have the standard part of the utility payment, the 170$. Those add up to:
6*1310+520+280+980+20+170=9830$. We also have regarding the variable costs:
The utilities variable part are included since they depend on haircuts, barber supplies and the base rate of each barber per haircut. Hence those are:
(5.90+0.38+0.27 per haircut)=6.55$ per haircut

6 0

3 years ago