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Natali [406]
3 years ago
15

Patrick has an old car and wants to keep his insurance costs down, but he wants coverage in case he damages the property of othe

rs, including street signs and telephone poles. In order to minimize the financial impact of an accident he may cause, he should, at a minimum, carry which type of insurance
Business
1 answer:
Citrus2011 [14]3 years ago
4 0

Answer:

Property damage liability coverage

Explanation:

According to my research on car insurance policies, I can say that based on the information provided within the question at minimum Patrick should have Property damage liability coverage. This is a type of insurance policy that covers any damage that you may cause to another individual's vehicle or property, including government property such as street signs and telephone poles.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

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Two alternatives, code-named X and Y, are under consideration at Guyer Corporation. Costs associated with the alternatives are l
Arada [10]

Answer:

The financial disadvantage that alternative Y over X is $28,100

Explanation:

The variables given were all costs relating to each alternative,hence the financial advantage that one could have over the other is that it is less costly.

In the same vein,the financial disadvantage that one alternative could have over the other is that it has incurred more costs compared to the other alternative.

Total costs of Alternative X=$44,000+$48,300+$18,000+$17,200

                                            =$127,500

Total costs of alternative Y=$63,800+$48,300+$18,000+$25,500

                                            =$155,600

financial disadvantage of Y over X=$127,500-$155,600=-$28,100

4 0
3 years ago
Companies that fail to identify needs risk which of the following?
jonny [76]

Answer:

wasteful spending

Explanation:

:) hope it helps

6 0
3 years ago
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Which of the following would be a scientific theory? A the hypothesis that if you increase the temperature of water, then sugar
Paladinen [302]

Answer:

D an explanation of why global temperatures are rising

Explanation:

3 0
3 years ago
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An account related with another account on the financial statements that 1) directly reduces the related account and 2) has an o
VLD [36.1K]

Answer:

Contra account.

Explanation:

A contra account is an account that has an opposite of what is the normal balance for the class of such an account. a company would be able to report the original amount and in so doing also be able to report the reduction and then what is the net amount would be reported. in other words such an account is used to reduce the value of another related account. And thereafter the net value is what is going to be reported.

6 0
2 years ago
Annual maintenance costs for a particular section of highway pavement are $2500. The placement of a new surface would reduce the
rewona [7]

Answer:

The maximum investment is $6,360.111

Explanation:

Giving the following information:

The placement of a new surface would reduce the annual maintenance cost to $500 per year for the first 3 years and to $1000 per year for the next 7 years. After 10 years the annual maintenance would again be $2500.

We need to find the net present value. The maximum initial investment will be the amount that makes the NPV cero.

NPV=∑[Cf/(1+i)^n]

Cf= cash flow

<u>For example:</u>

Year 1= 500/1.05= 476.19

Year 3= 500/1.05^3= 431.92

Year 5= 1,000/1.05^5= 783.53

NPV= 6,360.111

The maximum investment is $6,360.111

6 0
3 years ago
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