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pishuonlain [190]
4 years ago
6

Kyle burroughs left his car parked on the street all night. when he came out in the morning all four of his tires had been slash

ed by vandals. what part of kyle's automobile insurance would cover this damage? bodily injury liability medical payments coverage property damage liability collision comprehensive physical damage
Business
1 answer:
TEA [102]4 years ago
7 0
Based on the damages that Kyle's automobile acquired, the automobile insurance that would cover this damage would be a COMPREHENSIVE PHYSICAL DAMAGE. This kind of insurance is what protects your vehicle and since it is comprehensive, other damages including fire and theft could also be covered.
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Bramble Corp. purchased land as a factory site for $1305000. Bramble paid $121000 to tear down two buildings on the land. Salvag
AURORKA [14]

Answer:

Part 1

$1,422,940

Part 2

$331,480

Explanation:

cost of the land calculation

Purchase Price                             $1305000

Cost to tear down building             $121000

Sale of Salvages                               ($8400)

Leagl fees                                           $5340

Total                                            $1,422,940

The cost of the land that should be recorded by Wilson Co. is: $1,422,940

cost of the building calculation

Architect's fees               $47000

Insurance                          $3900

Liability insurance            $4200

Excavation cost               $15480

city for pavement             $9900

Borrowing Costs           $251000

Total                              $331,480

The cost of the building should be recorded by Wilson Co. is $331,480

4 0
3 years ago
Find the amount to which $550 will grow under each of the following conditions. Do not round intermediate calculations. Round yo
Cloud [144]

Answer:

(A)Fv= $864.2

(B) Fv= $1302.05

(C) Fv=  $2003.4

(D) Fv= $96817.21

Explanation:

Giving the following information:

Initial investment= $550

We will use the final value formula:

FV=Present value*(1+i)^n

(A) 9% compounded annually for 5 years.

Fv= 550*(1.09)^5=$864.2

(B) 9% compounded semiannually for 5 years.

Fv= 550*(1.09)^10= $1302.05

(C) 9% compounded quarterly for 5 years.

Fv= 550*(1.09)^15= $2003.4

(D) 9% compounded monthly for 5 years.

Fv= 550*(1.09)^60=$96817.21

6 0
3 years ago
What should a company consider when choosing a celebrity to endorse its products? Explain.
777dan777 [17]
A company should look at the image of the celebrity, and the things they do outside of their job. Company’s don’t want to endorse an athlete or celebrity that could do something to jeopardize their image, and pull consumers away from their company
7 0
3 years ago
Consider a scenario where the demand is estimated to be represented by the following equation: ,
Tcecarenko [31]

Answer:

Option (A) is correct.

Explanation:

Qx = 1000 - 10Px + 0.1I + 10Py

Suppose income of the consumer and the price of good x remains constant at

I = $100

Px = $10

Initial price of good y, Py = 10

So,

Qx = 1000 - 10(10) + 0.1(100) + 10(10)

     = 1000 - 100 + 10 + 100

     = 1,010 units

If price of good y increases to $20, then,

Qx = 1000 - 10(10) + 0.1(100) + 10(20)

     = 1000 - 100 + 10 + 200

     = 1,110 units

This will results in an increase in the quantity demanded for good x which shows that there is a positive relationship between the price of good y and quantity demanded for good x.

This indicates that good x and good y are substitute goods.

5 0
3 years ago
Item Skipped Item 10 Assume a company makes four products (A, B, C, and D) in a single facility. Data concerning these products
stellarik [79]

Answer:

The company should be willing to pay less than $4.20 for one additional minute of milling machine time.

Explanation:

a) Data and Calculations:

                                                              Product  Product  Product  Product                                                                

                                                                    A            B             C            D

Selling price per unit                            $42.30   $50.00   $37.60  $33.50

Variable manufacturing cost per unit $20.80   $30.70    $21.00   $19.90

Variable selling cost per unit                 $2.70     $2.10       $1.00    $2.40

Total variable costs per unit               $23.50   $32.80   $22,00  $22.30

Contribution per unit                           $18.80    $17.20    $15.60    $11.20

Milling machine minutes per unit           3.30        4.10        2.60        1.30

Contribution per minute                       $5.70     $4.20     $6.00     $8.62

Monthly demand in units                      1,000     4,000      3,000    3,000

Minutes required                                 3,300    16,400       7,800    3,900

Best use of existing minutes              2,300          0          7,800    3,900

Additional minutes required               1,000     16,400       0           0

Total minutes required = 31,400

Minutes available =          14,000

Minutes to buy =              17,400

Lost contribution from:

Product A = (1,000 * $5.70 =    $5,700

Product B = (16,400 * $4.20 = 68,880

Total lost contribution          $74,580

Required time to produce lost contribution = 17,400

Estimated to pay for additional minute = $4.29 ($74,580/17,400)

3 0
3 years ago
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