Answer: D. Kate's policy will pay $1,500, and John's policy will pay $250.
Explanation:
The deductible is the amount that a policy holder has to pay before the insurance company pays the remaining amount.
From the question, we are informed that John has an auto which is covered for collision losses subject to a $250 deductible while Kate's auto also has collision coverage but her deductible is $500.
If a $2,000 collision loss occurs when John borrows Kate's car because his car is in the shop for repairs, since John has a deductible of $500, Kates policy will pay ($2000 - $500) = $1500 and John's policy will pay $250.
Ngai Nhung is the sales manager at Hung Technologies. At lunch with the company CEO, Ngai proudly announced that he had negotiated a <u>blanket purchase order</u> with a client that represented the customer's long-term commitment to buy components from Hung.
<u>Option: D</u>
<u>Explanation:</u>
Here Ngai announcement means that the firm's consumers with their suppliers are going to enable several distribution dates across a period of time, often structured to reap the benefits of fixed prices which showcase the long-term relation between firm and consumer, thus understood as a blanket purchase order.
It is basically utilized when expendable products are recurrently needed. Blanket orders are commonly used when a consumer purchases large amounts and receives special discounts. Calculating the predicted amount planned by the recipient of the commodity is the toughest part of getting an agreement.
Answer:
E
Explanation:
In this question, we are to give an answer about which of the listed options would give George the optimal service for the action which he seeks to execute.
Checking the requirements of what he is trying to do, we will notice that there are some key words that are very important that he is trying to target. Now, to bring his idea into fruition, Google AdWords would provide him with the needed help.
This is because Google AdWords would look specifically at indexes using those two key words he wants to use to provide him with the results that he seeks.
Answer:
The answer is below
Explanation:
Given that Section 1231 assets are a term that is used to describe the real or depreciable trading property acquired for more than a year. For example, landed property, buildings, etc.
Hence, in this case, the correct answer or statement to the question are:
1. If Section 1231 assets are sold and the taxpayer has a realized loss, the loss is a fully deductible ordinary loss
2. If Section 1231 assets held long-term are sold for a realized gain, the taxpayer has a potential long term capital gain that may be taxed at favorable capital gains rates but this result often does not occur
Answer:
Explanation:
Ursula needs $19,000 or in other words FV (Future value)
She has savings of $2000 and trade in of $800 or in other words she has $2800. She needs to borrow $16200 (19000-2800)
Also, she wants monthly payment to be $282. To find which answer fits best, let's check each of them.
A) APR =78% or mothly rate of 78/12 = 6.5%; 48 months
Using financial calculator:
Rate = 6.5%
n = 48
PV = $16200
Find PMT? PMT = 11068
This is not the right answer
B) APR = 78%, monthly rate=6.5%
n = 60
PV = $16200
Find PMT? PMT = 1077.6
This is not the right answer
C) APR = 7.8%; monthly 0.65%
n =72
PV = $16200
Find PMT? PMT = 282.4
This is the correct option
Answer is - C
