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2 years ago

In reference to auto insurance, what is gap coverage

2 answers:

6 0

GAP insurance is the difference between the actual cash value of a vehicle and the balance still owed on the financing (car loan, lease, etc.).

marysya [2.9K]2 years ago

6 0

GAP coverage is the differation between the cash value of the vehicle and the amount still owed for purchasing the car on a loan.

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In addition to risk-free securities, you are currently invested in the Tanglewood Fund, a broad-based fund of stocks and othe

Murrr4er [49]

Answer: 6.29%

Explanation:

Required return = Risk free rate + beta ( expected return - risk free rate)

Beta.

$= Correlation * \frac{Volatility of venture}{Volatility of fund} \\\\= 0.16 * \frac{0.8117}{0.2636} \\\\= 0.493$

Required return = 3.63% + 0.493(9.03% - 3.63%)

= 6.29%

7 0

2 years ago

As explained in your textbook, the three main parts of a speech are called the

lesantik [10]

Answer:

The correct answer is B. The three main parts of a speech are the introduction, the body, and the conclusion.

Explanation:

The speech is a succession of words, expressed orally, that serve to express what we want or want to say.

Its main function has been from its origins to communicate or expose, but with the main objective of persuading its audience.

The speech is composed of three parts: introduction, body and conclusion:

-The introduction is one of the most important parts of the discourse since in this it is exposed the subject that will be treated.

Its function is to mark that the speech begins, attract the attention of the receiver, dissipate animosities, gain sympathy, set the interest of the recipient and establish the theme, thesis or objective.

-The body is the longest part since the whole theme is exposed in it: doubts and everything necessary to expose a considered justification of the idea are taken out.

-The conclusion is a strategic point, since it makes a small reflection about all of the above. The end must constitute the compendium of what has been said.

7 0

2 years ago

Which of the following terms refers to a promise made to lenders by a borrower?

Natali5045456 [20]

Answer:

Covenant.

Explanation:

A covenant in business context refers to a formal debt agreement between a lender and a company that specific actions will or will not be undertaken.

4 0

2 years ago

Based on a predicted level of production and sales of 15,000 units, a company anticipates reporting operating income of $22,000

jarptica [38.1K]

Answer:

e.$8,000 of fixed costs and $108,000 of variable costs.

Explanation:

Fixed costs don't change with a change in production volume, therefore, fixed costs remain $8,000.

The cost per unit to produce 15,000 units is:

$C =\frac{\$90,000}{15,000}\\C=\$6/unit$

Assuming a new production volume of 18,000 units, budgeted variable costs are:

$V_c=\$6*18,000= \$108,000$

The budgeted amounts are: e.$8,000 of fixed costs and $108,000 of variable costs.

8 0

2 years ago

The graph below represents the low-wage labor market demand curve for a U.S. city; there is also a line (MinWg) showing a $12 ho

alexandr402 [8]

The new ordinance will make a difference when the new wages will be binding.

<h3>How to depict the information?</h3>

It should be noted that the supply curve shows the relationship between the price and the quantity supplied.

Based on the information given, when the equilibrium wage is above the minimum wage, the ordinance won't make a difference.

On the other hand, when the equilibrium wage is below the minimum wage, it'll make a difference for the worker.

Therefore, joining the lowest of the two points will give the equilibrium.

Learn more about supply curve on:

brainly.com/question/26430220

#SPJ11

7 0

1 year ago

In reference to auto insurance, what is gap coverage​

In reference to auto insurance, what is gap coverage