Bethany is stunt car driver who wants to insure her stunt car valued at $16,000. a collision policy will cost $2,000 a month because of the
liability issues related to her occupation. bethany works in a state which requires no-fault insurance. bethany decides to purchase the
insurance. evaluate bethany's decision.
select the best answer from the choices provided.
oa. bethany should not have bought the collision policy because her state only requires no-fault insurance.
ob. bethany should not have bought the collision policy because the premiums would cost more than replacing her car.
oc. bethany was correct in buying the collision policy because making a claim would cost more than her premiums
od. bethany was correct in buying the collision policy because her state requires her to have it.
Answers: 1
Business, 21.06.2019 23:30
Afinancial institution, the thriftem bank, is in the process of formulating its loan policy for the next quarter. a total of $12 million is allocated for that purpose. being a full-service facility, the bank is obligated to grant loans to different clientele. the following table provides the types of loans, the interest rate charged by the bank, and the possibility of bad debt as estimated from past experience.type of loaninterest rateprobability of bad debtpersonal.140.10car.130.07home.120.03farm.125.05commercial.100.02 bad debts are assumed unrecoverable and hence produce no interest revenue either. competition with other financial institutions in the area requires that the bank allocate at least 40% of the total funds to farm and commercial loans. to assist the housing industry in the region, home loans must equal at least 50% of the personal, car, and home loans. the bank also has a stated policy specifying that the overall ratio for bad debts on all loans may not exceed .04. formulate this problem as a linear program. define your variables clearly and write all the constraints explaining the significance of each.
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Business, 22.06.2019 05:30
Identify the three components of a family's culture and provide one example from your own experience
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Business, 22.06.2019 08:00
In addition to using the icons to adjust page margins, a user can also use
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Business, 22.06.2019 19:40
The following cost and inventory data are taken from the accounting records of mason company for the year just completed: costs incurred: direct labor cost $ 90,000 purchases of raw materials $ 134,000 manufacturing overhead $ 205,000 advertising expense $ 45,000 sales salaries $ 101,000 depreciation, office equipment $ 225,000 beginning of the year end of the year inventories: raw materials $ 8,100 $ 10,300 work in process $ 5,900 $ 21,000 finished goods $ 77,000 $ 25,800 required: 1. prepare a schedule of cost of goods manufactured. 2. prepare the cost of goods sold section of mason company’s income statement for the year.
Answers: 3
Bethany is stunt car driver who wants to insure her stunt car valued at $16,000. a collision policy...
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