The Superior Insurance Company of Maine recently advertised the following discounts for qualified drivers: 6 percent discount to drivers who have not had an accident in the past seven years 15 percent discount for those with two or more cars; 5 percent for insuring both home and car 10 percent discount for those who drive less than 10,000 miles a year 25 percent discount for drivers who are good students (have a B average or above) 10 percent discount for drivers aged 50 or older; 5 percent for drivers aged 24 to 49 3 percent discount for drivers who has taken a defensive driving course 15 percent discount for noncommuters (less than 30 miles round-trip) 11 percent discount for cars with antitheft devices Jana, 25 years old, currently pays $840 annually for a PAP for her 2011 Chevy Malibu. She uses her car to commute 40 miles round-trip to work and for her biannual cross-country trips to visit relatives. Last year she received a speeding ticket but took a defensive driving course in order to remove the ticket from her record; she has never had an accident. When she purchased her car she had an alarm installed. Jana is sure that she qualifies for at least one or more discounts. Calculate her new premium if she transfers to the Superior Insurance Company.
Answers
Answer:
$630
Explanation:
Calculation for her new premium if she transfers to the Superior Insurance Company
First step
Drivers aged 24 to 49 0.05
Discount for cars with antitheft device 0.11
Driving Course 0.03
Accident Free 0.06
TOTAL 0.25
Second step is to Calculation for her new premium
New premiun=$840*(1-0.25)
New premium =$840*0.75
New premium =$630
Therefore her new premium if she transfers to the Superior Insurance Company will be $630
Related Questions
The _________________________ensures that all vendors who wish to supply are capable of providing quality goods or services, and have technical, commercial, and financial ability, adequate equipment and facilities, good service performance, or any other measures that will ensure quality and reliability in every purchase made.
a.Vendor Accreditation Program
b.Vendor Development
c. Supplier Development
d. Finish Product development
Answers
The price for predictability is often
Answers
Answer: The price for predictability is often long-term boredom.
Telecommunications equipment manufacturers in the USA sell their products to people who live in Canada. Is Canada an export?
Answers
Answer:
FALSE
Explanation:
NO Canada is NOT an export because the Telecommunications equipment was produced in USA and not in CANADA which means that the USA is an export because USA manufactured or produced the TELECOMMUNICATIONS EQUIPMENT which was then sold to another country which is Canada, Based on this we can defined EXPORT as a trade that occur between two countries in which a country produced good or service in which such goods or service produced by this country is been sold to another country just as in the case of USA which produced Telecommunications equipment which was then sold to Canada which means that the USA which is the manufacturer of the Telecommunications equipment sold to Canada is the EXPORT.
Example of TELECOMMUNICATIONS EQUIPMENT include the following;
Routers,Telecommunication towers, Switches among other.
Which professionals would most likely use heavy equipment and specialized Tools in their line of work
Answers
Answer:
Firefighters, Police, Construction, e.t.c.
Explanation:
I hope this helps!! I apologize if wrong!
A company had a market price of $39.40 per share, earnings per share of $2.20, and dividends per share of $1.35. Its price-earnings ratio equals:
Answers
Answer:
Price earning ratio = $17.9
Explanation:
Price earning ratio = Market Price share / Earning Per Share
Price earning ratio = $39.40/$2.2
Price earning ratio = $17.9
What you type text in a cell it is
Answers
The thing typed into a cell is called cell data.
What is cell data?This can include any alphanumeric characters, including letters, numbers, and symbols, as well as spaces and special characters.
Cell data can be used for a variety of purposes, such as labeling data or providing context for numerical values. It can also be used in formulas and functions to perform calculations and analysis.
In addition to text, cell data can also include other types of data, such as dates, times, and numerical values. Depending on the formatting of the cell, the data may be displayed in a variety of ways, such as currency, percentages, or scientific notation.
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Question 2. The long-run real exchange rate.
a. Provide a short answer. Other things equal, how would you expect the following shifts to affect
a currency's real exchange rate against foreign currencies?
i.
The world demand for home products increased.
ii.
There is a negative productivity shock in the home economy.
b. True or false. Suppose domestic residents decide to spend more on nontraded products and less
on tradables, and the consumption basket consists primarily of goods and services produced and
consumed at home. In that case, there will be an appreciation of the home currency.
Answers
Answer: I don't know
Explanation: I don't know
A clothing eCommerce comapny has an Average Order Value of $65. It costs the company $35 to produce the clothes in the average order and $15 to ship it to the customer. What is the Average Order's Gross Profit? * $65 $50 $30 $15
Previous question
Answers
The average order's gross profit for the ecommerce company is $15. The Option D is correct.
What is the calculation for the gross profit?To calculate the average order's gross profit, we will subtract the total cost of producing and shipping the clothes from the revenue generated by the order.
Revenue generated by the order is $65.
The total cost of producing and shipping the clothes is:
= $35 + $15
= $50.
The gross profit of the average order is:
= $65 - $50
= $15.
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Q:
What type of policy does the Fed use to counteract a contraction?
A:
1. О fiscal policy
2. policy lags
3. expansionary monetary policy
4. contractionary monetary policy
Answers
Answer:
3. expansionary monetary policy
Explanation:
To help accomplish this during recessions, the Fed employs various monetary policy tools in order to suppress unemployment rates and re-inflate prices. These tools include open market asset purchases, reserve regulation, discount lending, and forward guidance to manage market expectations.
demarco and tanya have received information about the separate mortgage offers. In two or three paragraphs describe your recommendation for the best financial choice in their situation.
Answers
There are a few fundamental elements to be kept in mind when assessing potential mortgage offers, which include:
How to make the recommendationInterest rate: This is one of the key components to ponder upon when evaluating different mortgages. A lower interest rate entails smaller monthly payments as well as a decrease in sum spent on interest overall during the duration of the loan.
Loan term: The length of the loan is another aspect that should not go unnoticed. When opting for a briefer loan, more money will be spent towards monthly payments but correspondingly less towards interest. However, if you desire a longer period, then the opposite is true with fewer monthly payments but expenditure on interest increases.
Closing costs: It is essential to take closing fees into consideration since they can end up reaching staggering heights. Closing costs refer to every single amount related to taking out a mortgage and ought to be given due thought before deciding on an offer.
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SNC has its own, modest internet-based business. However, the company has been approached by Golden Years Nutraceuticals, a much larger online distributor of third-party brands with connections to a national healthcare website endorsed by a leading senior advocacy association. Therefore, Golden Years reaches a large-and increasing-consumer base of older Americans. This opportunity would generate an additional 10% increase in sales in 2016, followed by increases of 5% in 2017 and 3% in 2018. Increasing the percentage of SNC's business that is conducted online would decrease DSO, because internet sales are collected very quickly. Accounts receivable would decrease by 7 days in the first year and by an additional 3 days in 2017, for a total improvement of 10 days. In 2018, the DSO would decline by another 2 days-in effect, 12 days lower than at the start of 2016. Going forward, the DSO would stay at this lower level and SNC's profit margin would remain unchanged. What would you like to do about this opportunity?
Accept or Decline
2016 2017 2018 Post 2018
Incremental Summary Income Statement ($ in thousands)
Change in Sales $1,600 $2,480 $3,034 $3,034
Change in Cost of Sales $1,492 $2,313 $2,830 $2,830
Change in EBIT $108 $167 $204 $204
Incremental Balance Sheet ($ in thousands)
Change in Accounts Receivable $145 $241 $289 $289
Change in Inventories $368 $570 $698 $698
Change in Accounts Payable $162 $251 $307 $307
Answers
Please find question attached
Answer and Explanation:
Find full answer and explanation attached
Which one of the following statements is correct concerning the expected rate of return on an individual stock given various states of the economy?
a. The expected return is an arithmetic average of the individual returns for each state of the economy.
b. As long as the total probabilities of the economic states equal 100%, then the expected return on the stock is a geometric average of the expected returns for each economic state.
c. The expected return is equal to the summation of the values computed by dividing the expected return for each economic state by the probability of the state.
d. The expected return is a geometric average where the probabilities of the economic states are used as the exponential powers.
e. The expected return is a weighted average of the returns where the probabilities of the economic states are used as the weights.
Answers
Answer: e. The expected return is a weighted average of the returns where the probabilities of the economic states are used as the weights.
Explanation:
When calculating the expected return of a stock given the probabilities that different economic states would occur and the returns of the stock should those states occur, we use the probabilities as weights to get the weighted average of the returns given. This is the expected return.
Formula looks like this:
Expected return = (Probability that economy is good * return if economy is good) + (Probability that economy is average * return if economy is average) + (Probability that economy is poor * return if economy is poor)
hich best explains how the law of demand affects consumers?
It helps consumers know when prices are going down.
It helps consumers know when prices are going up.
It helps consumers tell producers when prices are too high.
It helps consumers tell producers when to make new goods.
Answers
Answer:
It helps consumers tell producers when prices are too high.
Explanation:
The law of demand affirms that an increase in price results in reduced demand. It means that when prices increase, consumers will buy fewer quantities of a product or service. The law of demand shows the relationship between price and the quantity of a product consumers are willing to buy in the market.
Consumers can communicate with producers through the volume of products purchased. When the quantity purchased is low, producers will know the set prices are high.
The exchange rate is 1£ = 2$. It changes to 1£ = 1.25$.
Under a Managed Floating regime what action would be most appropriate?
Select one:
a. The government buys $ from the market
b. The government supplies £ into the market
c. The government buys £ from the market
d. Let the market forces work since fluctuation is between set limits
e. The government sells $ in the market
- Please answer with a detailed explanation. Answers without detailed explanations are rejected automatically.
Answers
The exchange rate is 1£ = 2$. It changes to 1£ = 1.25$. Because The government sells $ in the market, The value of the euro is increasing in the market. And the dollar value is decreasing.
What is the value?Values are the benchmarks or ideals by which we judge the acts, traits, possessions, or circumstances of others. Values that are embraced by many include those of beauty, honesty, justice, peace, and charity.
The term managed floating system refers to that, There is an exchange rate system is there, That allows the nation and the central bank. to the intervention of the regular in foreign exchange. The exchange rate system is also known as the dirty float.
Therefore, As a result, The increasing cash flow decreases the value of the amount.
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What dose it mean to be fully human were interacting with others any virtual space like classroom why or why not
Answers
While interacting with others in a virtual space, to be fully human means for instance such as in a classroom, means having the qualities and characteristics inclusive to humanity, even though the medium of communication being virtual.
It involves identifying and embracing our shared humanity and engaging in meaningful connections with other people like friends family colleagues, even though miles apart and can only see by virtual screens.
Emotional connections, sharing knowledge, expression ,communication collaboration cooperation are the various forms. Therefore, virtual experiences though lack sensory and physical aspects of face-to-face interactions, they still provide a platform for human connection, learning, and growth.
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When you choose a career, you’re looking for something that will help you develop as a person and do work that you love.
A. True
B. False
Answers
If exports rises by $300 million in an economy where the marginal propensity to spend is 0.6 then GDP will rise by Select one: O a. $500 million. O b. $750 million. O c. $1,250 million. d. $833 million.
Answers
Answer:
Explanation:
WTmonkie IS THIS
Question 11 of 20
Tim, a high school junior, has started his first job working as a lifeguard over
the summer. He plans to save the money he earns to help pay for living
expenses when he's in college. What type account should Tim set up?
A. A saving account
B. A certificate of deposit account
C. A money market account
OD. A checking account
Answers
The type of account that Tim should set up would be A. A savings account.
Why is this the best account ?Individuals seeking to save their finances over a certain period and earn interest on them may opt for the savings account type. These savings accounts often feature lower interest rates, yet compensate through easy availability of funds and absence or minimal fees.
In Tim's case, his objective to save up for college expenses could be easily achieved with such an account thanks to its potential to earn returns while also allowing him quick access to his money without excessive charges.
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On January 1, 2016, Knorr Corporation issued $1,400,000 of 6%, 5-year bonds dated January 1, 2016. The bonds pay interest annually on December 31. The bonds were issued to yield 7%. Bond issue costs associated with the bonds totaled $22,107.40.
Answers
The preparation of the journal entries concerning the bond transactions for 2016 and 2017 for Knorr Corporation is as follows:
Journal Entries:Jan. 1, 2016: Debit Cash $1,342,597
Debit Discount on Bonds Payable $57,403
Bonds Payable $1,400,000
To record the issuance of bonds for cash.Jan. 1, 2016: Debit Deferred Bond Issue Costs $22,107.40
Cash $22,107.40
To record the payment of bond issuance costs.Dec 31, 2016: Debit Interest Expense $93,982
Credit Discount on Bonds Payable $9,982
Credit Cash $84,000
To record the payment of the first interest expense and discount amortization.Dec. 31, 2016: Debit Interest Expense 4,421.48
Credit Deferred Bond Issue Costs 4,421.48
To record the first amortization of bond issuance costs.Dec 31. 2017: Debit Interest Expense $94,681
Credit Discount on Bonds Payable $10,681
Credit Cash $84,000
To record the payment of the second interest expense and discount amortization.Dec 31, 2017: Debit Interest Expense $4,421.48
Credit Deferred Bond Issue Costs $4,421.48
To record the second amortization of bond issuance costs.Transaction Analysis:January 1, 2016:
Face value of bonds payable = $1,400,000
Bond proceeds (PV) = $1,342,597
Bond discounts = $57,403 ($1,400,000 - $1,342,597)
Maturity period = 5 years
Coupon interest rate = 6%
Effective interest rate = 7%
Bond issuance costs = $22,107.40
Annual amortization of bond issuance costs (straight-line) = $4,421.48 ($22,107.40 ÷ 5)
December 31, 2016:
Interest expense = $93,982 ($1,342,597 x 7%)
Interest payment = $84,000 ($1,400,000 x 6%)
Amortization of bond discount =$9,982 ($93,982 - $84,000)
Bonds Payable = $1,352,579 ($1,342,597 + $9,982)
December 31, 2017:
Interest expense = $94,681 ($1,352,579 x 7%)
Interest payment = $84,000 ($1,400,000 x 6%)
Amortization of bond discount =$10,681 ($94,681- $84,000)
Bonds Payable = $1,363,260 ($1,352,579 + $10,681)
Jan. 1 Cash $1,342,597 Discount on Bonds Payable $57,403 Bonds Payable $1,400,000
Jan. 1 Deferred Bond Issue Costs $22,107.40 Cash $22,107.40
Dec 31 Interest Expense $93,982 Discount on Bonds Payable $9,982 Cash $84,000
Dec. 31 Interest Expense 4,421.48 Deferred Bond Issue Costs 4,421.48
Dec 31 Interest Expense $94,681 Discount on Bonds Payable $10,681 Cash $84,000
Dec 31 Interest Expense $4,421.48 Deferred Bond Issue Costs $4,421.48
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Question Completion:Prepare the journal entries to record the following:
Additional Instructions
January 1, 2016: Sold the bonds at an effective rate of 7%
December 31, 2016: First interest payment using the effective interest method
December 31, 2016: Amortization of bond issue costs using the straight-line method
December 31, 2017: Second interest payment using the effective interest method
December 31, 2017: Amortization of bond issue costs using the straight-line method
income already earned but not yet recieved
Answers
Robert wants to get serious about saving for a new car. Which account would you recommend? Why?
Cindy has been working for 8 years, and she’s built up a huge emergency fund -- $45,000, which would be 6 months of her salary. She’s hoping to earn a bit more interest than she currently is with that $45,000 just sitting in her traditional bank’s savings account. Which account would you recommend? Why?
Janelle likes to keep all her savings goals separate, so she has an account for each one, including an account to save for her college textbooks every semester. She buys books about every 6 months, with roughly $550 due each time. She likes to save the money up in installments, with auto-deposits from each of her twice monthly paychecks. She’s wondering if her online savings account, earning 0.75%, is still her best option for monthly deposits toward her textbooks. Which account would you recommend? Why?
Answers
Answer:
Robert wants to get serious about saving for a new car. Which account would you recommend? Why?
Since Robert has a long term goal for his money and wants to earn a higher interest rate, a certificate of deposit (CD) will probably be the best choice. It pays a higher interest than a savings account.Cindy has been working for 8 years, and she’s built up a huge emergency fund -- $45,000, which would be 6 months of her salary. She’s hoping to earn a bit more interest than she currently is with that $45,000 just sitting in her traditional bank’s savings account. Which account would you recommend? Why?
Money market accounts earn a higher interest rate than a normal savings account, but they are generally better suited for individuals that have a relatively high balance in their accounts. Since Cindy has saved $45,000 already in her savings account, now it is time to deposit the money on a money market account.Janelle likes to keep all her savings goals separate, so she has an account for each one, including an account to save for her college textbooks every semester. She buys books about every 6 months, with roughly $550 due each time. She likes to save the money up in installments, with auto-deposits from each of her twice monthly paychecks. She’s wondering if her online savings account, earning 0.75%, is still her best option for monthly deposits toward her textbooks. Which account would you recommend? Why?
Probably Janelle has already chosen the best possible option. To be honest, there are really few alternatives that you can seek when all you will save is $550 every 6 months. She is already earning a decent interest rate for a savings account, and even if she looked at different options and eventually found one that paid slightly better interest (e.g. 1%), it wouldn't make a great difference.
After completing a career search Patrick has decided that he wants to be a paralegal which two skills or abilities are important for him to have in order to excel in this career
A.Research skills be
B.analytical thinking skills
C.creative thinking skills
D.math skills
Answers
Ronaldo’s manager told him, “Preliminary data suggest that our new fuel produces less air pollution than conventional fuels. However, we need to understand the total environmental impact of its production and use. I want you to perform a(n) ________ to quantify the total use of resources and total environmental releases, ‘cradle-to-grave,’ associated with our new fuel.”
Answers
An LCA life cycle assessment is the best solution.
What exactly is LCA?Life cycle assessment (LCA) is a procedure for evaluating the environmental risks associated with all stages of a retail venture, process, or service's life cycle. In the case of a manufactured product, for example, environmental impacts are evaluated from the extraction and processing of raw material (cradle), through manufacturing, distribution, and use, to recycling or disposal practices of the materials that comprise it (grave).
An LCA study includes a thorough inventory of the energy and materials required across the industry value chain of the product, process, or service, as well as the calculation of the corresponding emissions to the environment.
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If I have bought 4 books and 1 pen plus tax each: $12.99, $12.99, $11.99, $7.99, and $3.99. I gave them $60.00. How much money do I get back?
Answers
Your total would be $49.95.
$60 - $49.95
= $10.05
payment continues to represent a barrier to widespread adoption of the sharing economy, since many consumers feel uncomfortable exchanging cash or financial information with strangers.
a. True
b. False
Answers
payment continues to represent a barrier to widespread adoption of the sharing economy, since many consumers feel uncomfortable exchanging cash or financial information with strangers is false.
A community-based online platform is frequently used to facilitate peer-to-peer (P2P) based activities of acquiring, providing, or sharing access to goods and services, which are defined as part of the sharing economy.
For thousands of years, people in communities shared resources, but with the development of the Internet and its application of big data, it has become simpler for asset owners and those looking to use those resources to connect with one another. The term "shareconomy" or "collaborative economy" can also be used to describe this type of dynamic.
People and organizations can profit from underutilized assets in sharing economies.
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bryce listens to a speaker with whom he shares few, if any, views. as bryce listens, he tries to imagine why the speaker feels as she does, and after the speech he evaluates how he feels about what she said. bryce primarily demonstrated the listening skill of multiple choice question.
Answers
Bryce primarily demonstrated the listening skill of D. suspending judgment.
In order to reduce the tension, try slowing down or postponing making assumptions about their motivation. For instance, avoid passing judgement when you hear that surprises you. Stop, put your judgment on hold, and try to comprehend. This gives time to consider the intention.
Active listening involves asking questions, digging for details, testing your understanding, and summarising what has been said. This type of hearing calls for an open mind.
We should be receptive to fresh concepts, different viewpoints, and fresh opportunities as listeners and as leaders. A legal arrangement wherein the person convicted of a crime is not immediately put behind bars but may be imprisoned for it later.
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Complete question:
Bryce listens to a speaker with whom he shares few if any, views. As Bryce listens, he tries to imagine why the speaker feels as she does, and after the speech, he evaluates how he feels about what she said. Bryce primarily demonstrated the listening skill of
A. focusing on delivery.
B. listening lightheartedly.
C. resisting distractions.
D. suspending judgment.
The cost of speeding relates crashed in 2008 accounted for per second
Answers
Answer:
Thanks for the fact
Explanation:
Can I have brainliest pls?
1. The level of prices and the value of money
Suppose the price level reflects the number of dollars needed to buy a basket of goods containing one can of seltzer, one bag of pretzels, and one
shuttle ride. In year one, the basket costs $15.00.
In year two, the price of the same basket is $14.00. From year one to year two, there is
In year one, $120.00 will buy
baskets, and in year two, $120.00 will buy baskets
This example illustrates that, as the price level falls, the value of money
at an annual rate of money
Answers
This example illustrates that, as the price level falls, the value of money rises at an annual rate of money.
How does the value of money change over time ?As the price level falls, the value of money increases, which means that each unit of currency can purchase more goods and services.
The value of money refers to its purchasing power, or the amount of goods and services that can be obtained with a given amount of money. When the price level falls, each unit of currency can purchase more goods and services, which means that the value of money has increased.
This is shown by the fact that as the price of the basket decreased, the value of money was able to buy more baskets.
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Like 4 avengers Endgame!!
Answers
Answer:
kkk(k(kkkkkkkkkkkkkkk
Answer:
yessssssssssss
The questions are in the images. The categories provided are: Cash, Accounts Receivable, Office Equipment, Office Furniture, Accounts Payable, Randy Guttery Capital, Randy Guttery Drawing, Fees Income, Rent Expense, Utilities Expense, Salaries Expense, Telephone Expense, and Miscellaneous Expense.
Answers
A collection of financial records that employ double-entry accounting is referred to informally as a T-account.
What is T- Account ?The phrase defines how the bookkeeping entries appear. On a page, a huge letter T is first drawn.The account name is then written above the top horizontal line and split by the bottom horizontal line., and below that, split by the vertical T of the letter, debits are reported on the left and credits are recorded on the right.
Every financial transaction is taken into account to have an impact on at least two of a company's accounts in double-entry bookkeeping, a common accounting technique. Each transaction will be recorded in one account as a debit entry and in the other as a credit entry.
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