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2 years ago

A deductible of $500 requires ( select the correct answer )

Business

2 answers:

kenny6666 [7]2 years ago

5 0

Answer:

ɴᴏ ᴘɪᴄ sᴏʀʀʏ :(( ʙʏᴇ :)))

V125BC [204]2 years ago

4 0

A $500 deductible means you'll pay $500 out of pocket after an accident, and your insurer will pay for the rest of the damages up to your policy limits. This deductible amount is a common choice for drivers. If your car repairs are less than your $500 deductible, you won't be able to file a claim.

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Bond investors will experience capital gains when Group of answer choices market interest rates are high and falling. market int

solong [7]

Answer:

A) market interest rates are high and falling

Explanation:

Bonds and interest rates have an indirect relationship. When interest rates rise, bond prices tend to fall.

Bonds pay interests on a fixed rate. When market interest rates are rising, investors will prefer investing in other options due their high return as opposed to the fixed returns from bonds. Bonds become less attractive, leading to a decline in prices.

Buying Bonds when the interests are rising means buying at a cheaper rate. When interest rates start falling, bond prices will rise again due to their inverse relationship.

Capital gains occur when an investment is bought at a lower price and sold at a higher price. Buying bonds when interests rate is high and selling when interests are low will lead to capital gains.

3 0

4 years ago

Doug is filing singly. his net taxable income is $80,575. every week, $304 is withheld from his earnings for income tax. based o

mariarad [96]

Basing it on the information given, he will owe an additional $731.

Since your taxable income has been identified, you just look up your income, find the column with your filing status, and then find the amount of tax you owe.

6 0

3 years ago

Read 2 more answers

Champagne of the South, Inc., a manufacturer of bottled sweet tea, had the following beginning and ending inventories for the

nekit [7.7K]

Answer:

total manufacturing cost added for the period 105,169

Cost of goods manufactured 106,064

Cost of goods sold 110,564

Explanation:

First, we need to know the amount of direct materials used in production.

beginning raw materials 10,000

purchase 27,000

ending (1,702)

indirect materials (2,129)

direct materials 33,169

now, we calculate the cost added during the period

direct materials 33,169

direct labors 30,000

overhead 42,000

total cost added 105,169

next step, we calculate the cost of goods manufactured from the WIP

WIP 17,895

added 105,169

WIP ending (17,000)

COGM 106,064

And last, the cost of goods sold

beginning finished goods 21,000

COGM 106,064

ending finished goods (16,500)

COGS 110,564

6 0

4 years ago

The market value of Charter Cruise Company's equity is $15 million and the market value of its debt is $5 million. If the requir

topjm [15]

Answer:

17%

Explanation:

To calculate this, we use the weighted average cost of capital (WACC) as follows:

Total capital = 15 + 5 = 20

Weight of equity = 15/20 = 0.75, or 75%

Weight of debt = 5/20 = 0.25, or 25%

WACC = (20% × 75%) + (8% × 25%) = 17%

Therefore, the company's cost of capital is 17%.

6 0

3 years ago

Read 2 more answers

As a small business owner in today’s economy, what three financial reports would you use on a regular basis? What information wo

nalin [4]

Answer: Balance Sheet

Profit and Loss Statement

Cash Flow Statement

Explanation:

Balance Sheet or the statement of Financial Position is a report that shows the assets that your business owns against your equity and liabilities. This report can help you make asset purchasing decisions or decisions about how to fund the acquisition of new assets.

Profit and Loss Statement: shows a detail of the income your business has earned, the expenses you incurred to earn this income and your profit/loss. This report can help you figure out if your expenses are too high or the prices you charge for your goods/services are too low.

Cash Flow Statement: shows your liquidity position at different points during a financial period. This report is important as it allows you to see periods when you may need an extra inflow of funds to keep your business operational and can help you decide when to apply for bank loans or whether to delay the purchase of some assets.

6 0

3 years ago