Answer:
The correct approach will be Option A.
Explanation:
- Liability insurance on something like a subjective insurance plan implements the driver no matter with whom the automobile would be conducted, actually given it's an allowed to sign up the vehicle. Liability insurance safeguards insurance premiums whenever an automobile controlled by somebody else is operated either by the insured. They would also normally be compensated according to their car insurance policies in a somewhat circumstance.
- Besides, the compensation he maintains through his automobile is liability coverage for such a covered by insurance operating everyone else's vehicle. In many of these instances, even before driving on a highway, he doesn't own the subjective coverage could very well be implemented by the driver. Throughout the scenario mentioned, Matt was indeed killed in an accident whilst also trying to drive his friend's Christie vehicle.
- Hence, Matt's homeowner's insurance liability coverage would then kick through first. The gross amount of liabilities is $80,000, according to the verdict. The personal injury allowance of Matt becomes limited to $200,000, adequate to be insured.
The latter choice does not fit the instance in question. So, "A. Matt's premium is primary and therefore will cover the full $80,000," is the right response.
Answer:
correct option is Budgeting forces management to plan for the future.
Explanation:
The budget depends on the control cycle to design the planning cycle for future action. Because budget is the only way to compare reality in determining performance evaluation, but budget is not in the nose of planning the future
so correct option is Budgeting forces management to plan for the future.
<u>Solution and Explanation:</u>
The correct answer is I, II, III, and IV
The reason behind is that joint cost is always related to the multifarious products. Joint expense is the assembling cost brought about on a joint creation process which takes regular sources of info however at the same time delivers various items called joint-items, for example, preparing of raw petroleum at the same time yields gas, diesel, stream fuel, greases and different items.
So, as to apportion expenses to such joint items, bookkeepers need to utilize an appropriate cost portion technique on a predictable premise. The joint cost alludes to that cost which is brought about before the split-off point on the creation or assembling of numerous items, by expending similar data sources or factors of creation.
Answer:
a. money that a consumer spends with one firm as a share of all the money that the consumer spends in that category.
Explanation:
A customer normally shares his spending among different retail outlets. The concept of customer wallet is a measure of spending on one particular brand compared to all spendings in a category.
This will help businesses know how much customers are pending with them in comparism with what they are spending on competitor's goods. Insights can be used to strategize on how to increase customer's share of wallet.
Answer:
Please see details below:
Explanation:
(a) Current ratio.
Current RATIO 0,97
(b) Accounts receivable turnover. times
Account Receivables Turnover time 5,03
(c) Average collection period. days
Average Collection Period 72,5
(d) Inventory turnover. times
Inventory Turnover Times 3,3
(e) Days in inventory. days
Days in Inventory 109,1
(f) Free cash flow
Free Cash Flow $32.600