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storchak [24]
2 years ago
6

Michael’s basement recently flooded. He has a homeowner’s policy covering flood damage that has a $500 deductible. The total dam

ages to the basement totaled $2500. How much will the insurance company pay in this scenario? A. $500 B. $2500 C. nothing D. $2000
Business
1 answer:
yarga [219]2 years ago
8 0

Answer:

D. $2000

Explanation:

Calculation to determine How much will the insurance company pay in this scenario

Using this formula

Amount to pay=Total damages -Deductible homeowner’s policy covering flood damage

Let plug in the formula

Amount to pay=$2,500-$500

Amount to pay=$2,000

Therefore How much will the insurance company pay in this scenario will be $2,000

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2 years ago
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Trell Corporation transferred $50,000 of accounts receivable to a local bank. The transfer was made without recourse. The local
PIT_PIT [208]

Answer:

Correct one is Option D.

<u>$6,500</u>

Explanation:

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Less: Factoring fee=50000*3% =1500

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7 0
3 years ago
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Mamont248 [21]

Answer:

B) inelastic; one less slave

Explanation:

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3 0
2 years ago
There are a number goods that over time, for a variety of reasons, transition from being a normal good to an inferior good or fr
boyakko [2]

Answer:

d. the camry becomes an inferior good because the good is now perceived as lower in quality than a lexus

Explanation:

There are a number goods that over time, for a variety of reasons, transition from being a normal good to an inferior good or from being an inferior good to a normal good. One such example of a good is the Toyota Camry. In the 1980s, more income for a household usually resulted in more Camrys being purchased. However, today more Toyota Camrys are purchased by households that have experienced a reduction in income.

How could this happen?

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It is stated in the Scenario that ''today more Toyota Camrys are purchased by households that have experienced a reduction in income.''

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2 years ago
Suppliers can contribute ideas for product improvement or increased development efficiency.
Alchen [17]
Hello,

Here is your answer:

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Your answer is B.

If you need anymore help feel free to ask me!

Hope this helps!
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