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3 years ago

If your auto coverage was 60/100/30, how much money would cover bodily injury liability for an accident with multiple people? *

Business

1 answer:

Firlakuza [10]3 years ago

3 0

Answer:

$100,000

Explanation:

the coverage of the insurance policy is as follows:

bodily injury per person = $60,000 maximum
bodily injury per accident = $100,000 maximum
property damage per accident = $30,000 maximum

In the case of an accident involving multiple people, the maximum coverage for bodily injury liability is $100,000

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The following data were selected from the records of Sykes Company for the year ended December 31, 2014.

stira [4]

Answer:

Sales Revenue: 316,000

Sales Discounts Taken: 2680

Sales Returns and Allowances: 4000

Bad Debt Expense: 1155

Explanation:

A. Sales Revenue- 235,000

B. Sales Revenue- 11,500

C. Sales Revenue- 26,500

D. Sales Returns and Allowances- 500

E. Sales Revenue- 24,000

F. Sales Discounts (Taken)- 220

G. Sales Discounts (Taken)

(Sales discounts (taken) $98,000 ÷ (1 - 0.02) = $100,000 gross sales; $100,000 × 0.02 = $2,000)

H. Sales Discounts (Taken)- 530

I. Sales Revenue- 19,000

J. Sales Discounts (Taken) - (70)

Sales Returns and Allownaces- 3500

M. Bad Debt Expense

Credit sales ($11,500 + $26,500 + $24,000 + $19,000) =$81,000

Less: Sales returns ($500 + $3,500)= 4,000

______________________________

Net sales revenue

77,000

Estimated bad debt rate

× 1.5 %

_____________________________

Bad debt expense

+$1,155

8 0

3 years ago

Anybody had a real job before if you did do you know how to do an application?

sveticcg [70]

Answer:

Be confident and make a good impression!

Explanation:

You can make a resume with a cover letter for your future employer. Just use the internet to search it, if you don't have any information in certain areas don't worry. They will usually give you an application to fill out asking for your name, address, and basic information. If you have any questions ask your parents. Be confident and good luck, I am sure you'll get the job!

5 0

3 years ago

Sehun (1986) finds that the practice of monitoring insider trade disclosures, and trading on that information, would be Group of

mart [117]

Answer:

not sufficiently profitable to cover trading costs.

Explanation:

Hasan Nejat Seyhun, a professor of Finance, in 1986, in his research study titled "Insiders' profits, costs of trading, and market efficiency" investigates the unusual findings of the previous insider trading studies, that suggests that, any investor can earn abnormal profits by reading the Official Summary.

Hence, he concluded that, that the practice of monitoring insider trade disclosures, and trading on that information, would be not sufficiently profitable to cover trading costs.

5 0

3 years ago

In the long run, a perfectly competitive market will A.supply whatever amount consumers demand at a price determined by the min

In-s [12.5K]

Answer: Option (A) is correct.

Explanation:

Correct Option: A.supply whatever amount consumers demand at a price determined by the minimum point on the typical firm's average total cost curve.

In the long run, equilibrium price of a perfectly competitive firm implies that there is no economic profit for the firm. This situation occur when the marginal cost is equal to the average total cost.

The firm is break even when the price is equal to the minimum point of average total cost of the firm. So, there is no possibility of economic profit for the firm.

5 0

3 years ago

Seven potential customers are interested in seeing a movie. Since the marginal cost of admitting additional customers is zero, t

lesya692 [45]

Answer:

a) 6 dollar per ticked

b) from 25 to 35 the young adult will be charged with a higher price whilethe other groups, elderly, teenagers and children with a minimum price of 6

Explanation:

Erin $ 6 9

Grace $ 9 14

David $ 7 16

Charlie $ 6 45

Allison $ 8 66

<em>Franco $ 10 28</em>

<em>Becky $ 11 34</em>

a) the max revenue comes from charging 6 dollar per ticket:

7 people x 6 dollar = 42 dollars

if we charge more like seven dollar then, we lose two customer and we don't make up for that lose:

5 people x 7 dollars = 35 dollars

b) the young-adult group will be the target to price discrimination they will be charged with 10 dollars if the cinema could do it.

7 0

3 years ago