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Sergio [31]
3 years ago
10

William pays $500 premium every six months for automobile insurance with collision coverage. His deductible is $750. William cau

sed a minor accident that resulted in $700 of damage to his car and $1,100 of damage to the other car. Williams’s car looks and drives fine if he chooses not to file a claim to repair his car how much will you pay out-of-pocket to help the other cars fixed?
Business
2 answers:
stich3 [128]3 years ago
6 0

<span>A collision coverage type of insurance only the covers the cost that is incurred due to damage to your car. It does not include the cost for the other car. Therefore you will have to pay the total of $1,100</span>

Eva8 [605]3 years ago
5 0

ANSWER: $1,100

EXPLANATION: William had his insurance for his automobile but it is nowhere indicated that he had third party coverage. He had collision coverage which insured his car and saved his damage of $700. But he definitely needs to pay out-of-pocket the sum of $1,100 for the other car which got damaged in the accident.

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Tempest Co. purchased 60, 6% Ulrich Company bonds for $60,000 cash. Interest is payable semiannually on July 1 and January 1. If
PolarNik [594]

Answer:

The correct answer is option (a).

Explanation:

According to the scenario, the given data are as follows:

Purchase Bonds = 60

Purchased bonds value = $60,000

So Purchased value of 30 bonds = $60,000 ÷ 2  = $30,000

Sold 30 bonds at value = $32,000

So, we can calculate the gain on sale by using following formula:

Gain on sale = Sold 30 bonds at value - Purchased value of 30 bonds

By putting the value, we get

= $32,000 - $30,000

= $2,000

7 0
3 years ago
Flextrola, Inc. , an electronics systems integrator, is planning to sell its next generation product using components sourced fr
DENIUS [597]

With a mean of 1000 and a standard deviation of 600, the probability that the demand is going to be withing 25 percent of its forecast is 0.3230.

a. Mean = 1000

sd = 600

p(1000x 1-25%) - p(1000x 1+25%)

using the z test

d-μ/σ

p(z < \frac{1250-1000}{600} )-p(z < \frac{-1000}{600} )\\\\(z < 0.4167)-(z < -0.4167)

find values using excel sheet formula

NORMSDIST(0.4167) - NORMSDIST(-0.4167)

=m0.6615 - 0.3385

= 0.3230

<h3>b. The probability that the forecast would be more than 40 percent</h3>

1000x 1+40%

= p(D>1400)

= 1- NormDist(0.667)

= 0.225

c. Cu = 121-72 = 49

Co = 72.50 = 22

The critical ratio calculation

49/22 +49 = 0.6901

Normsinv(0.6901) = 0.496

1000+0.496x600

= 1297

The units that Flextrola has to order is 1297.

<h3>d. The expected sales of Flextrola</h3>

1200-1000/600

= 0.3333

loss function from z = 0.333 is 0.254

600x0.254 = 152. 4

1000-152.4 = 847.6

the expected sales are 847.6

e 1200- 847.6

= 352. 4

The units of inventory that can be sold is 352.4

Read more on inventory here: brainly.com/question/24868116

7 0
2 years ago
Which CTSO is appropriate for future teachers?<br>FEA<br>FFA<br>FTA<br>DECA
Mamont248 [21]
I believe the answer is FFA.
Hope this helps.
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6 0
3 years ago
Read 2 more answers
How are random events taken into consideration during both hindsight bias and overconfidence?
Orlov [11]
The hindsight bias and overconfidence, plus our eagerness to perceive patterns in random events, can cause tendencies that may lead us to overestimate our intuition. Intuition and intellect are not always accurate, therefore these factors are not trustworthy compared to scientific facts or scientific inquiry which can help us overcome our intuition’s biases and shortcomings.
6 0
4 years ago
Carl has worked on a factory line for years. Recently, his job on the line has been increasingly replaced by robotics in his ind
Zarrin [17]

Answer:

structural unemployment

Explanation:

Unemployment is a situation where people who are ready and willing to work can not find one.

<u><em>Structural Unemployment</em></u>

<em>Structural Unemployment: </em><em> One of the reasons for unemployment is when the production process is automated. In this instance, works and tasks that were formerly done by humans and now been taken over by machines</em>

<em>For example, the work formerly done by Carl has now been taken over by robotics. Usually , this will lead to mismatch of skills because the skills possessed by Carls are no longer needed by his employer.</em>

Therefore, Carl is experiencing structural unemployment

8 0
3 years ago
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