Penny was involved in an auto accident in which she was at fault. Her own car sustained $1,327 damages and the other vehicle cost $1,309 to repair. Penny was not injured, but the driver of the other car required medical treatment costing $22,619 and a passenger's injuries totaled $24,051. There was additional property damage in the amount of $3,460. Penny's policy includes 50/100/50 liability, $250 deductible collision and full coverage comprehensive. How much of the damages must the insurance company pay?
What will be an ideal response?
$52,516
You might also like to view...
All service desks can benefit from technology.
Answer the following statement true (T) or false (F)
What is the free rider problem?
What will be an ideal response?
In what areas can diversity management advance an organizations competitive advantage?
a. Corporate social responsibility b. Recruitment c. Reputation d. Creativity
Melbourne Company uses the perpetual inventory system and LIFO cost flow method. Melbourne purchased 2300 units of inventory that cost $15.50 each. At a later date, the company purchased an additional 2400 units of inventory that cost $16.00 each. If the company sells 2600 units of inventory, what amount of ending inventory will appear on a balance sheet prepared immediately after the sale?
A. $33,600 B. $41,500 C. $32,550 D. $33,075