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3 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]3 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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Larson Company employs a periodic inventory system and reported the following inventory information for the month of August: Aug

grigory [225]

Answer:

LIFO Method

Income Statement

$ 243,216 Sales

-$ 144,300 Cost of Goods

-$ 29,000 Operating Expenses

$ 69,916 Gross Profit

$ 69,916 Net Income BEFORE Taxes

-$ 27,267 Tax RATE 39%

$ 42,649 Net Income after Taxes

Explanation:

With the LIFO Method of Inventory the Gross Profit it's a little lower than with the Weighted Average Method.

The LIFO method means that the first units that are sold must be at the cost of the last unit purchased an so on.

The Cost of Goods it's determined by the last purchases made by the company and the inventory it´s valuated at the cost of the initial units purchased.

WEIGHTED AVERAGE

Q Unit USD Date inventory

$ 2,600 $ 27 August 1 Beginning

-$ 1,100 $ 27 $ 29,700 August 6 Sold

$ 1,500 $ 27 Subtotal

$ 1,400 $ 36 August 15 Purchased

$ 2,900 $ 31 Subtotal

-$ 1,500 $ 31 $ 47,017 August 18 Sold

$ 1,400 $ 31 Subtotal

$ 0,900 $ 29 August 23 Purchased

$ 0,600 $ 23 August 26 Purchased

$ 2,900 $ 29 Subtotal

-$ 2,300 $ 29 $ 66,448 August 29 Sold

$ 0,600 $ 29 Subtotal

$ 1,500 $ 40 August 30 Purchased

$ 2,100 $ 37 $ 143,166 Subtotal

LIFO

Q Unit Date inventory USD

$ 2,600 $ 27 August 1 Beginning

-$ 1,100 $ 27 August 6 Sold $ 29,700

$ 1,500 $ 27 Subtotal

$ 1,400 $ 36 August 15 Purchased

-$ 1,400 $ 36 August 18 Sold $ 50,400

-$ 0,100 $ 27 August 18 Sold $ 2,700

$ 1,400 $ 27 Subtotal

$ 0,900 $ 29 August 23 Purchased

$ 0,600 $ 23 August 26 Purchased

-$ 0,600 $ 23 August 29 Sold $ 13,800

-$ 0,900 $ 29 August 29 Sold $ 26,100

-$ 0,800 $ 27 August 29 Sold $ 21,600

$ 0,600 $ 27 Subtotal

$ 1,500 $ 40 August 30 Purchased

$ 2,100 Subtotal $ 144,300

3 0

4 years ago

BK Trucking has total equity of $25,380 and 1,500 shares outstanding.Its stock is currently selling at $38 per share. What is th

rjkz [21]

Answer:

2.25 times

Explanation:

The computation of the market-to-book ratio is shown below:

Market to book ratio = (Market price per share) ÷ (book value per share)

where,

Market price per share = $38 per share

And, the book value per share

= Total equity ÷ outstanding shares

= $25,380 ÷ 1,500 shares

= $16.92

So, the market to book ratio would be

= $38÷ $16.92

= 2.25 times

6 0

3 years ago

In June, one of the processing departments at Football Corporation had beginning work in process inventory of $13,800. During th

tiny-mole [99]

Answer:

Ending Work In Process 35,800

Explanation:

Beginning WIP 13,800

cost added 444,000

transferred-out (422,000)

ending WIP 35,800

begining WIP + added = transferred-out + ending WIP

3 0

4 years ago

If the previous year you reached 100% customer awareness in your company, this year what will you need to do to maintain this le

Vedmedyk [2.9K]

Answer:

C. I would only need to create 33% new awareness to maintain 100% this year.

Explanation:

Each product’s promotion budget determines its level of awareness. A product’s awareness percentage reflects the number of customers who know about the product. An awareness of 50% indicates half of the potential customers know it exists. From one year to the next, a third (33%) of those who knew about a product forget about it.

Last Year’s Awareness - (33% * Last Year’s Awareness) = Starting Awareness

If a product ended last year with an awareness of 50%, this year it will start with an awareness of approximately 33%. This year’s promotion budget would build from a starting awareness of approximately 33%.

Starting Awareness + Additional Awareness = New Awareness

You lose about 1/3rd each year as customers forget the product.

4 0

3 years ago

Read 2 more answers

Developing a resilient brand is less about ________ and more about ________. a. selling products; generating leads b. generating

aalyn [17]

Developing a resilient brand is less about <u>pushing a product</u> and more about <u>building trust</u> with the consumers.

<h3>What is a resilient brand?</h3>

Resilience in branding relates to the concept of creating brands that can last longer in the market.

The qualities of a resilient brand are, they able to:

change with the requirements of the consumers
recover from setbacks
achieve extension over new products types
take on new business models
win the customers every time.

See the link below for more about resilient brand:
brainly.com/question/14286452

3 0

3 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?