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Leno4ka [110]
3 years ago
6

Can someone help me please

Business
1 answer:
nalin [4]3 years ago
4 0

Answer: $1,955

Explanation:

First remove the deductible of $800 from the amount:

= 3,100 - 800

= $2,300

The Insurance company will then pay 85% of this amount:

= 85% * 2,300

= $1,955

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Which of the following accurately describes the difference between a change in supply and a change in quantity supplied? a. ​ A
Sedaia [141]

Answer:

Option A

Explanation:

First let's make see the what is the difference (they are not the same thing.) And then lets analize which statement is the most accurate.

A change in supply and a change in quantity supplied are different things.   The change in supply is caused by changes in costs and incentives that change how much a producer can and will produce at a given price.

The change in quantiy supplied is caused simply by a change in the retail price of the product.

The change in <em>quantity supplied is shown as a movement along the curve</em>. While the change in <em>supply is shown graphically as a movement of the supply curve.</em>  

As we can see, that means that A is the correct answer.

5 0
3 years ago
Use the following information to calculate the dollar cost of using a money market hedge to hedge 200,000 British pounds of paya
levacccp [35]

Answer:

The dollar cost of using a money market hedge to hedge 200,000 British pounds of payable due in 180 days is <u>$400,152.38</u>.

Explanation:

A money market hedge refers to a method that employed to to preserve the value of a foreign currency transaction in the domestic currency of a company in order to reduce the exchange rate or currency risk that is associated with business transactions with a foreign company.

For this question, the dollar cost of using a money market hedge can be calculated as follows:

Amount needed to invest in British pounds = Amount needed to hedge / (1 + British interest rate) = £200,000 / (1 + 0.05) = £190,476.19

Since this is in British pounds, we have to convert to the US dollars to obtain the amount of the US dollars that is needed to exchange as follows:

Amount needed to invest in the US dollars = Amount needed to invest in British pounds * Spot rate of the pound = £190,476.19 * $2.02 = $384,761.90

We can now calculate the amount needed to repay loan after 180-day as follow:

Amount needed to repay loan after 180-day = Amount needed to invest in the US dollars * (1 + U.S. interest rate) = $384,761.90 * (1 + 0.04) = $400,152.38

Therefore, the dollar cost of using a money market hedge to hedge 200,000 British pounds of payable due in 180 days is <u>$400,152.38</u>.

5 0
3 years ago
Who typically implements strategy in large, multi-industry corporations?a. The board of directorsb. Top managementc. Middle mana
forsale [732]
Its the board of directors that is responsible to implement strategy in large, multi-industry corporations. Though sometimes everyone in the company can give their ideas as well. But basically its the job of the board of directors.
4 0
3 years ago
On January 1, 20X2, X Company made modifications to an asset used in its manufacturing operations in order to extend its useful
qwelly [4]

Answer:

Will capitalize the cost of the modification and will recognize depreciation expense of $3,000.

Explanation:

Provided information, we have the following details.

Original value of asset = $30,000

Accumulated depreciation = $12,000

Therefore carrying value of asset = $30,000 - $12,000 = $18,000

Remaining life of asset = 5 years

When an additional modification is done, cost of modification = $6,000

Revised life of machine due to modification = 8 years

Thus, the modification cost will also be capitalized.

Depreciation each year = ($18,000 + $6,000)/8 = $3,000 each year.

Therefore, correct option is

c. Will capitalize cost of repairs and will charge depreciation of $3,000 each year

7 0
3 years ago
For a company using target costing, market price minus profit equals target price.
Sav [38]

Answer:

The answer is false

Explanation:

Market price minus profit equals target cost and not target price.

6 0
3 years ago
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