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2 years ago

4. Will car insurance be more expensive leasing a car or buying a car?

2 answers:

5 0

Because leased cars are obliged to carry additional coverages than owned cars, they can be more expensive to insure. However, drivers who buy their automobiles and select a variety of coverage options may pay the same amount for insurance as those who lease them.

Snezhnost [94]2 years ago

3 0

Answer:

Insurance companies are primarily concerned with your driving record and the type of vehicle you are insuring. Insurance rates are based on how safe of a driver you are and the amount they will have to pay out if you total your vehicle. It makes no difference to them if you have leased the car or purchased it.

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Wilderness Fanatic, a manufacturer of outdoor goods, is willing to supply 1000 of its Blue Thrash tandem kayaks when the price p

liraira [26]

1) let P represent Price, and since the dependency is linear, the supply equation will take the following form:

A) Y- $Y_{1\\}$ = $(\frac{Y_{1} -Y_{2} }{P_{1} -P_{2} } ) (P_{1} -P_{2} )$

⇒ Y - 1,000 = $(\frac{-250}{-100} ) (P-690)$

⇒ Y - 1,000 = $\frac{5}{2} (P-690) = (\frac{5}{2})P - 345$

⇒ Y = $(\frac{5}{2})P + 1,000- 345$

⇒ Y = $(\frac{5}{2})P + 655$ , therefore,

P = $(\frac{2}{5}) (Y-655)$

B) When Y = 1,130, the price would be:

⇒P = $\frac{2}{5} (1,130 - 655)$

⇒ P = $\frac{2}{5} (485)$

Therefore:

P = $194

See the link below for more supply related questions:
brainly.com/question/2822773

5 0

2 years ago

Unit 1 Quiz Submit 6 A market economy has several benefits, but it also has some drawbacks. What is one negative effect a market

Lesechka [4]

Answer:

A. It creates extreme divisions between the wealthy and the poor

Explanation:

The market economy is profits driven. The prices of goods and services, including essential goods, are set to generate profits for the producer. Only people with resources are able to acquire these goods.

The market economy creates social inequities as those with fewer resources will always afford little. Meanwhile, owners of the factors of production continue making profits and growing more wealthy. Economies with a market economy will have people at both extreme ends of wealth; those with a lot and those who barely have any

6 0

3 years ago

Simon Company’s year-end balance sheets follow.

vivado [14]

Answer:

A.Current ratio

2017 191%

2016 248%

2015 289%

B.Acid Test Ratio

2017 101%

2016 139%

2015 183%

Explanation:

A.Computation of the current ratio for the year ended 2017, 2016, and 2015.

Using this formula

Current Ratio =Current Assets / Current Liabilities

2017 2016 2015

Cash $26,403 $29,364 $29,991

Accounts receivable, net

73,552 52,436 40,392

Merchandise inventory 96,214 70,676 43,017

Prepaid expenses 8,255 7,944 3,467

a.Current asset

204,424 160,420 116,867

b.Current Liabilities

Accounts payable $107,101 $64,564 $40,392

Let plug in the formula

(a) / (b) Current Ratio 191% 248% 289%

Therefore the Current ratio are:

2017 191%

2016 248%

2015 289%

B.Computation for acid-test ratio for the year ended 2017, 2016, and 2015.

Using this formula

Acid Test Ratio=Current Assets / Current Liabilities

2017 2016 2015

Cash $26,403 $29,364 $29,991

Accounts receivable, net

73,552 52,436 40,392

Prepaid expenses 8,255 7,944 3,467

a. Current asset

108,210 89,744 73,850

b. Current liabilities

Accounts payable $107,101 $64,564 $40,392

Let plug in the formula

(a) / (b)Acid Test Ratio 101% 139% 183%

Therefore the Acid Test Ratio are:

2017 101%

2016 139%

2015 183%

8 0

3 years ago

Although mcdonald's (opening case) is competing in an unattractive industry, it has improved its performance by focusing on prod

Finger [1]

The resource based model.

The resource based approach says organizations should look inside their company for sources of improvement and competitive advantage rather than looking outside to their environment (such as their industry).

4 0

3 years ago

Trading securities are a.reported as unrealized gains or losses on the income statement b.reported at fair value in the balance

dedylja [7]

Answer:

c.reported at fair value on the balance sheet and as unrealized gains or losses on the income statement

Explanation:

The trading securities focuses on the securities which are traded to gain the profit through selling the securities which are based on the market values

any profit or losses could be come under the income statement

whereas

The fair values are to be reported on the balance sheet

hence, the correct option is c.

5 0

2 years ago

4. Will car insurance be more expensive leasing a car or buying a car?​

4. Will car insurance be more expensive leasing a car or buying a car?