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vekshin1
2 years ago
10

Because of an accident Royce was involved in, his insurance company has increased his annual premium for auto insurance by 5. 2%

. His original policy was set up using the premiums listed below. What is his new annual premium after the increase for the accident?.
Business
1 answer:
PSYCHO15rus [73]2 years ago
7 0

Premium is often paid by people based on some kinds of services offered.

From the picture attached, we can see Royce' premiums for the previous year, which were;

  • Bodily injury $22.50
  • Property damage $144.75
  • Collision $275.75
  • Comprehensive $100

If you add all together, the total premium of the policy was $543

Note that the premiums will increase by 5.2%,

therefore, the new total premium will be = $543 x 1.052 = $571.24

Learn more from

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$25,000

Explanation:

The cash balance at the end of the year can be calculated as follows:

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a) high-paying

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3 years ago
Data concerning a recent period’s activity in the Prep Department, the first processing department in a company that uses proces
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Answer and Explanation:

a. The computation of cost of ending work in process inventory for materials, conversion, and in total is shown below:-

For material = 2,080 × $15.66

= $32,572.80

For conversion = 930 × $6.23

= $5,793.90

For total cost of work in process inventory = $32,572.80 + $5,793.90

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b. The computation of cost of the units completed and transferred out for materials, conversion, and in total is shown below:-

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3 0
3 years ago
Dealing with the fact that certain aspects of any management situation are more important than others is called
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Management is a profession and as such skill set to recognizing when some aspects of management becomes important than others and when some goals need to be given more attention to achieving the overall organizational goals can describe as Recognition of priorities.

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3 0
3 years ago
Ortions of the financial statements for Myriad Products are provided below.
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Answer:

Net cash provided from Operating Activities $301

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MYRIAD PRODUCTS COMPANY

Cash flow from Operating Activities:

Net Income $150

Adjustment for non cash effects:

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