1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
frutty [35]
2 years ago
14

How does insurance fraud create higher overall prices for everyone?

Business
1 answer:
34kurt2 years ago
4 0

Answer:

Auto insurance fraud affects all drivers because insurance companies determine their rates, at least partially, based on losses. 

You might be interested in
The difference between a divine command view and authoritarian view is that the authority figure is different. true or false?
taurus [48]

The difference between a divine command view and authoritarian view is that the authority figure is different-Yes the statement holds true

Explanation:

<u>In a Divine Command of View</u>

we often come across statement like -"I would do what God or the scriptures say is right'

As per this point of view the  right and wrong are determined by a supernatural supreme being, whose will we discern from sacred texts and divinely inspired messengers.

<u>Authoritarian View</u>

An example of Authoritarian view is sentence like " I would follow the advise of an authority"

According to this view  the  right and wrong is decided by the authorities.The power of taking decision rest in the hands of a particular authority.

Downside of this view is that : authorities do not always reflect wisdom and not all authorities agree.

As you can see that the difference between the two view point is the authority figure.So the answer is True

8 0
3 years ago
Exercise 6-18 Break-Even and Target Profit Analysis; Margin of Safety; CM Ratio [LO6-1, LO6-3, LO6-5, LO6-6, LO6-7]Menlo Company
bonufazy [111]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Sales= $640,000 ($40)

Variable expenses= 448,000 (28)

Contribution margin= 192,000 ($12)

Fixed expenses= (145,200)

Net operating income=$46,800

1) To calculate the break-even point in units and dollars, we need to use the following formulas:

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 145,200/(40-28)

Break-even point in units= 12,100 units

Break-even point (dollars)= fixed costs/ contribution margin ratio

Break-even point (dollars)= 145,200/ (12/40)

Break-even point (dollars)= $484,000

<u>2) The break-even point is the number of units to sell to reach a net profit of cero. Therefore, the contribution margin must be equal to the fixed costs.</u>

Contribution margin= 145,200

3) profit= $75,600

Break-even point in units= (fixed costs + desired profit)/ contribution margin per unit

Break-even point in units= 220,800/12

Break-even point in units= 18,400 units

Sales= 18,400*40= 736,000

Total variable costs= 18,400*28= (515,200)

Contribution margin= 220,800

Fixed costs= 145,200

Net profit= 75,600

4) The margin of safety:

Margin of safety= (current sales level - break-even point)

Margin of safety= 640,000 - 484,000= $156,000

Margin of safety ratio= (current sales level - break-even point)/current sales level

Margin of safety ratio= 156,000/640,000

Margin of safety ratio= 0.244= 24.4%

5) Contribution margin ratio= 12/40= 0.3

Net increase= 96,000*0.3= $28,800

5 0
3 years ago
How would you make a good impression on a CEO as an IT manager?
enot [183]
I think B just because it makes most sense
3 0
3 years ago
Read 2 more answers
On May 16, Thorne Co. declares a $0.40 dividend to be paid on April 5. Thorne has 2,060,000 shares of common stock issued and ou
Ksju [112]

Answer:

b. Dividends and a credit to Dividends Payable for $824,000

Explanation:

Dividends payable = 2,060,000 shares * $0.40 per share = $824,000

Journal entry on February 16

Dividends                 $824,000

Dividends payable                     $824,000

4 0
2 years ago
Building a new mall what will be the input, the conversion, and the output
myrzilka [38]
In building a new mall,

The input would be : Labor,  All materials needed in building a mall

Conversion :  Building process

Output : The actual mall itself

hope this helps
6 0
3 years ago
Other questions:
  • A dishwasher uses 700 watts each time it is run. the cycle takes one hour. it is run 150 times per year. how much energy does it
    9·1 answer
  • Suppose a firm expects it’s EBIT to be 105,000 per year forever. Assume the firm can borrow at 6.75% ad has a tax rate of 32%. I
    8·1 answer
  • There are four consumers willing to pay the following amounts for haircuts, and there are four haircutting businesses with the f
    7·1 answer
  • When faced with a business problem, sally, a young grocery store owner, discusses business problems with don, the assistant mana
    10·1 answer
  • The Gasson Company uses the weighted-average method in its process costing system. The company's ending work in process inventor
    15·1 answer
  • Suppose, you have $20,000 in your account. You receive a monthly
    5·1 answer
  • Using examples discuss the skills required for entrepreneurship​
    15·1 answer
  • Generally, parties of 8 or more require many restaurants to include gratuity of 18% on the check before presenting to the guest.
    12·1 answer
  • How much annual income would you need to have if, using the 28/36 ratio, your maximum allowable recurring debt is $380? a. $16,2
    9·1 answer
  • If Sally gets paid 13$ per hour and she works 6 hours a day and 7 days a week, how much money will Sally make in 2 weeks?
    8·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!