robin hood has sales of $34 million, fixed assets of $18 million total equity of $24 million and total debt of $11 million. The profit margin is 12 percent and a tax of 40%. what is the return assets?
a. 6.99%
b. 13.65%
c. 11.65%
d. 11.37%
e.31.38%
Answers
The correct option number and explanation are as follows Option a. 6.99%. The return on assets (ROA) measures the profitability of a company relative to its total assets. It indicates how efficiently a company is utilizing its assets to generate profits.
To find net income, we first need to calculate the earnings before interest and taxes (EBIT).
EBIT = Sales - Cost of Goods Sold - Operating Expenses
EBIT = $34 million - (0.88*$34 million) - $12 million (using a profit margin of 12% and a tax of 40%)
EBIT = $3.84 million
Next, we need to subtract interest expense to find net income. We don't have this information, so we'll assume it's zero for simplicity.
Net Income = EBIT - Interest Expense
Net Income = $3.84 million - $0 = $3.84 million
Finally, we can calculate return on assets:
Return on Assets = Net Income / Total Assets
Total Assets = Fixed Assets + Total Equity + Total Debt
Total Assets = $18 million + $24 million + $11 million
Total Assets = $53 million
Return on Assets = $3.84 million / $53 million
Return on Assets = 0.07245283018 or 7.25%
Therefore, the closest answer choice is (a) 6.99%.
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Related Questions
Your average weekly take-home wage is $615. You take a one week paid vacation in a second week unpaid vacation. You have calculated your total annual expenses to be 31,320 per year. What is your cash surplus at the end of the year?
Answers
Answer:
$45
Explanation:
Here we need to calculate the income of this year.
We know that a year has 52 weeks. And, our payed weeks are 51, they are, the 50 weeks we work plus the one week of paid-vacation. The remaining week does not give us income, as is unpaid. So our total year income is:
51 * $615 = $31,365
So, our surplus will be our income minus our expenses:
Surplus = $31,365 - $31,320 = $45
Our cash surplus is $45
the appropriate discount rate to be used when analyzing an investment project is ________.
Answers
The appropriate discount rate to be used when analyzing an investment project is the required rate of return.
The required rate of return represents the minimum return that an investor or company expects to earn from an investment to compensate for the risk taken. It takes into account various factors such as the project's risk level, market conditions, and the investor's opportunity cost of capital. The discount rate is used to calculate the present value of future cash flows associated with the investment project.
By discounting the cash flows, the project's net present value (NPV) can be determined, which helps assess the project's profitability and whether it is worth pursuing. Choosing an appropriate discount rate is crucial in accurately evaluating the financial viability of an investment and making informed decisions.
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Suppose an economy is producing real GDP of $300 billion. The potential output is equal to $400 billion, and the marginal propensity to consume is equal to 0.80. The government should ____ taxes by _____ to bring the economy to potential output.
Answers
Answer:
The government should LOWER taxes by $25 to bring the economy to potential output.
Explanation:
the tax multiplier = -MPC / (1 - MPC) = -0.8 / (1 - 0.8) = -0.8 / 0.2 = -4
if you want to increase GDP by $100 billion, you must cut taxes by $25 billion.
total effect = -$25 billion x -4 = $100 billion increase
that would increase the GDP from its current $300 billion level to $400 billion
All of the following statements are true regarding negotiated municipal underwritings EXCEPT the:A initial offering price of each maturity must be disclosedB spread must be disclosedC participation amount of each underwriter must be disclosedD customer must be sent a copy of the Official Statement, if available
Answers
Answer:
D
Explanation:
customer must be sent a copy of the official statement, if available
ast year a restaurant served 45,000 guests. it is forecasting its sales for the following year and believes that because of local economic conditions it will be experiencing a downturn of 8%. how many guests will the restaurant forecast that it will serve during the following year? 41,400 42,400 44,640 48,600
Answers
The restaurant has forecasted a downturn of 8% for the following year, which would mean that it is expecting to serve 8% fewer guests than the 45,000 guests it served the previous year.
To calculate the predicted number of guests for the following year, we would take 8% of 45,000, which is 3,600. Then subtracting 3,600 from 45,000, we get 41,400, which is the estimated number of guests the restaurant is expecting to serve during the following year. This result could be affected by other factors such as the restaurant's marketing and advertising strategies, customer satisfaction, and customer loyalty. Additionally, external factors such as the local economy, competition, and customer demographics could also affect the number of guests the restaurant expects to serve. To ensure that the restaurant is meeting its goals, it is important for the restaurant to continually review the local economic conditions, the effectiveness of its marketing and advertising strategies, customer satisfaction, and customer loyalty. This will help the restaurant to stay competitive and provide better services to its customers.
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Assume that the interest rate on borrowings in Japan is 3 percent while the interest rate on bank deposits in a U.S. bank is 5 percent. Laura, an active currency trader, borrows in Japanese yen, converts the money into U.S. dollars and deposits it in a U.S. bank. Laura is engaging in
Answers
Answer:
"Carry Trade", is the right answer.
Explanation:
Laura is engaged in "Carry Trade" because the carry trade refers to the process to borrow from the country where the interest rate is lower and deposit the borrowed money in other countries in which the person earns more interest. Therefore, the process for borrowings and deposits from low and high-interest rates respectively is called the carry trade.
D=8 H000, S=45. 00,H=2 wh hingat is EOQ, what happens if double,What happen if holding cost drop to half
Answers
The optimal order quantity for this product is approximately 848 units. The business could order fewer units to meet the same level of demand, which could result in lower holding costs.
In inventory management, EOQ stands for Economic Order Quantity. It is a mathematical formula that helps to determine the optimal order quantity that a business should place for a particular product to minimize the total cost of ordering and holding inventory.
Given the information provided, we can calculate the EOQ as follows:
EOQ = √(2DS/H)
where D = annual demand, S = setup cost per order, and H = holding cost per unit per year.
Substituting the given values, we get:
EOQ = √(2 x 8,000 x 45 / 2)
EOQ = √(720,000)
EOQ ≈ 848 units
If the demand doubles to 16,000 units, the EOQ formula would yield a new value, assuming that the other factors remain the same. The new EOQ would be approximately 1,196 units. This means that the business would need to place larger orders to meet the increased demand, which could result in higher ordering and holding costs.
If the holding cost drops to half, the EOQ formula would yield a lower value, assuming that the other factors remain the same. The new EOQ would be approximately 602 units. However, it is important to note that decreasing the holding cost too much could lead to stockouts and lost sales, which would negatively impact the business's revenue and customer satisfaction.
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Create a monthly budget for yourself using the steps discussed in the unit. If you don't wish to discuss your financial situation, you can create a budget based on an average individual your age.
Answers
Problem 3: Using Solver to solve production problems A company manufactures two types of trucks. Each truck must go through the painting shop and the assembly shop. If the painting shop were completely devoted to painting type 1 trucks, 800 per day could be painted, whereas if the painting shop were completely devoted to painting type 2 trucks, 700 per day could be painted. If the assembly shop were completely devoted to assembling truck 1 engines, 1500 per day could be assembled, whereas if the assembly shop were completely devoted to assembling truck 2engines, 1200 per day could be assembled. It is possible, however, to paint both types of trucks in the painting shop. Similarly, it is possible to assemble both types in the assembly shop. Each type 1 truck contributes $1000 to profit; each type 2 truck contributes $1500. a) Use Solver to maximize the company's profit. (Hint: One approach, but not the only approach, is to try a graphical procedure first and then deduce the constraints from the graph.) b) Generate a sensitivity report and explain the report in relation to objective coefficients and constraints coefficients.
Answers
The sensitivity report helps understand how changes in the profit per unit or resource capacities would affect the optimal solution and profit. It provides valuable insights into the sensitivity of the problem to these coefficients.
To solve this problem using Solver, we need to maximize the company's profit by determining the number of each type of truck to produce.
Let's denote:
x1 = number of type 1 trucks to produce
x2 = number of type 2 trucks to produce
The objective is to maximize profit, which is calculated as:
Profit = 1000 * x1 + 1500 * x2
Now, let's determine the constraints:
1. Painting shop constraint:
The total number of trucks painted per day cannot exceed the capacity of the painting shop. We have two options:
- If the painting shop is completely devoted to painting type 1 trucks, the maximum number of trucks painted is 800.
- If the painting shop is completely devoted to painting type 2 trucks, the maximum number of trucks painted is 700.
Therefore, we have the constraint:
x1 <= 800
x2 <= 700
2. Assembly shop constraint:
The total number of trucks assembled per day cannot exceed the capacity of the assembly shop. We have two options:
- If the assembly shop is completely devoted to assembling type 1 truck engines, the maximum number of engines assembled is 1500.
- If the assembly shop is completely devoted to assembling type 2 truck engines, the maximum number of engines assembled is 1200.
Therefore, we have the constraint:
x1 <= 1500
x2 <= 1200
3. Non-negativity constraint:
The number of trucks produced cannot be negative:
x1 >= 0
x2 >= 0
Now, we can set up Solver in Excel to solve this problem.
a) Using Solver to maximize profit:
1. Set up a table in Excel with the following columns: "Type 1 Trucks (x1)", "Type 2 Trucks (x2)", and "Profit".
2. In the "Profit" column, enter the formula: "=1000 * x1 + 1500 * x2".
3. Set up the constraints by going to Solver in Excel:
- Set the objective to maximize the "Profit" cell.
- Set the variable cells to "x1" and "x2".
- Add the constraints: x1 <= 800, x2 <= 700, x1 <= 1500, x2 <= 1200, x1 >= 0, x2 >= 0.
4. Click "Solve" in Solver, and it will provide the optimal values for x1 and x2 that maximize the profit.
b) Generating a sensitivity report:
1. After solving the problem using Solver, go to Solver in Excel and click on "Options".
2. Check the box for "Produce Sensitivity Report" and click "OK".
3. The sensitivity report will show information about objective coefficients and constraint coefficients.
- Objective coefficients represent the impact of changing the profit per unit of each truck type. Higher coefficients indicate a greater impact on profit.
- Constraint coefficients represent the impact of changing the availability of resources (painting and assembly capacities). Higher coefficients indicate a greater impact on the optimal solution.
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3. Explain how productivity affects economic growth.
Answers
Answer:
Productivity increases have enabled the U.S. business sector to produce nine times more goods and services since 1947 with a relatively small increase in hours worked. With growth in productivity, an economy is able to produce—and consume—increasingly more goods and services for the same amount of work.
Explanation:
Why is divorce a major reason people file for bankruptcy ?
Answers
When trying to assess whether an applicant will be a good performer, managers utilize interviews, background information, paper-and-pencil tests, and references, which are known as _____
Answers
When trying to assess whether an applicant will be a good performer, managers utilize Selection Tools.
What selection tools?Selection is the process that managers in all organizations use to determine:
The qualifications of job applicants. Their performance potential.The known selection tools include:
Paper-and-pencil testsPhysical abilities testPerformance testsBackground informationInterviewsReferences.Thus, when trying to assess whether an applicant will be a good performer, managers utilize interviews, background information, paper-and-pencil tests, and references, which are known as Selection Tools.
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Natcher Corporation collects 45% of a month's sales in the month of sale, 40% in the month following sale, and 15% in the second month following sale. The company has found that 5% of their sales are uncollectible. Budgeted sales for the upcoming four months are:
August budgeted sales $280,000
September budgeted sales $320,000
October budgeted sales $400,000
November budgeted sales $230,000
The amount of cash that will be collected in November is budgeted to be
A. $103,500
B. $338,500
C. $311,500
D. $230,000
Answers
To determine the amount of cash that will be collected in November, we need to calculate the cash collection for each month's sales and then sum them up.
August sales: $280,000 * 45% = $126,000
September sales: $320,000 * 40% = $128,000
October sales: $400,000 * 15% = $60,000
Total cash collected from sales in August, September, and October:
$126,000 + $128,000 + $60,000 = $314,000
Now, we need to subtract the expected uncollectible amount:
$314,000 - 5% of $280,000 - 5% of $320,000 - 5% of $400,000 = $314,000 - $14,000 - $16,000 - $20,000 = $264,000
Therefore, the amount of cash that will be collected in November is $264,000.
The correct answer is not listed among the options provided. Please note that the actual amount may vary depending on the specific payment behavior and collection patterns of Natcher Corporation.
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abraham maslow proposed that we are all motivated by
Answers
Abraham Maslow proposed a theory of human motivation known as the hierarchy of needs. He believed that humans are motivated by a series of needs that must be fulfilled in a specific order.
The hierarchy starts with physiological needs such as food, water, and shelter, followed by safety needs such as security and stability. Next are the social needs of love, belonging, and relationships. Esteem needs such as recognition and achievement follow.
Finally, Maslow believed that self-actualization, or the realization of one's full potential, is the highest level of human motivation. Maslow's theory suggests that as one need is met, a person will seek to fulfill the next need in the hierarchy.
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TRUE / FALSE. the time value of money should be considered in capital budgeting decisions. the payback method is a discounted cash flow method. money is more valuable today than it will be in the future.
Answers
The statement ''The time value of money should be considered in capital budgeting decisions.'' is true because this concept recognizes that the value of money changes over time due to factors such as inflation, interest rates, and the opportunity cost of investing funds elsewhere.
Cash flows received or expended at different points in time have different values.
The statement '' the payback method is a discounted cash flow method'' is false because the payback method focuses on determining the time it takes for an investment to recoup its initial cost. It does not consider the time value of money or discount future cash flows.
The statement ''Money is more valuable today than it will be in the future.'' is true because money is generally considered to be more valuable today than it will be in the future.
This is because money has the potential to earn interest or be invested, providing an opportunity for it to grow over time.
Additionally, factors such as inflation erode the purchasing power of money, making goods and services more expensive in the future.
Therefore, receiving money today is typically preferred over receiving the same amount in the future.
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Marlo publishes a book titled no equals, which includes a chapter from paige’s copyrighted book olympic champions. Marlo’s use of the chapter is actionable provided that.
Answers
If Marlo uses the chapter without Paige's consent, there will be legal consequences.
Marlo publishes a book titled no equals, which includes a chapter from Paige’s copyrighted book Olympic Champions.
Marlo's use of the chapter is actionable provided that the use is without Paige's permission. According to the United States Copyright Law, copyright owners have the exclusive right to authorize or prohibit the use of their work. This right enables the owner of the copyright to control how their work is used, reproduced, or displayed. In this case, Marlo has used a chapter from Paige’s copyrighted book Olympic Champions without her permission.
Such use is referred to as copyright infringement, which is actionable. It is therefore essential for Marlo to seek Paige's consent and request permission to use the copyrighted chapter. This way, Marlo will be able to use the chapter lawfully while respecting Paige's rights and ownership to her work.
Failure to seek permission may result in legal action against Marlo. Therefore, it is crucial for authors to seek permission before using any work that is copyrighted.
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What does this sign mean?
Answers
Answer:
Pedestrian : A person who walks on foot rather than in vehicles.
Poitioning" i a marketing management aid that refer to: _________ A. How cutomer think about propoed and/or preent brand in a market
Answers
Positioning is a marketing management tool that describes how consumers perceive existing and/or potential brands in a certain market. So, the suitable option will be option (a).
Give a brief account on marketing management.Marketing management applies economics and competitive strategy techniques to analyze the business environment in which the organization works. Marketers use SWOT analysis to focus on the relative competitive strengths and weaknesses of each competitor in the market as they create extensive profiles of each competitor. Marketing managers will look at each rival's cost structure, profit sources, assets, and capabilities as well as its competitive positioning, product differentiation, level of vertical integration, past responses to market changes, and other elements.
Market and marketing research are frequently conducted by marketing management in order to undertake marketing analysis. Although there are many techniques used by market researchers, the following are some of the most common ones :
Focus groups and different kinds of interviews are examples of qualitative marketing research.statistics surveys are examples of quantitative marketing research.experimental methods, including test marketsTechniques of observation like ethnographic (on-site) observationTo know more about, marketing management, visit :
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The complete question is mentioned below :
"Positioning" is a marketing management aid that refers to: ______
A) how customers think about proposed and/or present brands in a market.
B) a product's ability to provide both immediate satisfaction and social responsibility.
C) how a firm approaches customer relationship management.
D) a firm's ability to distribute products through intermediaries who are in the right position to reach target customers.
E) all of these alternatives are true.
An unfavorable change in consumer tastes and preferences for a product will ______ demand, which is illustrated as a shift of the demand curve to the ______.
Answers
An unfavorable change in consumer tastes and preferences for a product will reduce demand, which is illustrated as a shift of the demand curve to the left.
What is a demand curve?
The demand curve depicts the relationship between price and quantity demanded. The demand curve is negatively sloped. When prices increase, quantity demanded declines and when prices reduces, the quantity demand increases.
What happens when there is an unfavorable change in consumer tastes and preferences for a product ?Only a change in the price of a good leads to a movement along the demand curve of that good.
Other factors such as a change in the taste of consumers lead to a change in demand. As a result of the unfavorable change, there would be a decrease in demand and this would lead to a shift to the left of the demand curve.
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Cain Company reports net cash provided by operating activities of $35,000. It also reports the following information under “Adjustments to reconcile net income to net cash provided by operating activities” on its statement of cash flows (using the indirect method).
Answers
It can be seen from the solutions given that Cain's net income is $24,000.
Here is the solution:Net income = Net cash provided by operating activities - Adjustments
= $35,000 - $6,000 - $10,000 + $4,000 + $7,000 + $4,000
= $24,000
Therefore, Cain's net income is $24,000.
Here is a breakdown of the adjustments:
To determine cash flow from operations, it is necessary to include the gain on equipment sales in the net income as it is a non-cash entry.
A rise in accounts receivable implies that customers are prolonging payment of their invoices, resulting in decreased cash flow from the company's activities.
The depreciation expense is classified as a non-cash expense, hence it must be included in the calculation of cash from operations by adding it back to the net income.
A decrease in inventory indicates that the company is experiencing faster turnover of its inventory, leading to increased cash flow generated by its operations.
A rise in prepaid expenses denotes that the company is channeling more funds towards prepaid expenditures like insurance and rent, implying a reduced cash inflow from its operational activities.
A decline in the amount of wages that the company owes indicates that it is not promptly compensating its workforce. Consequently, this implies that the company's operational cash flow is reduced.
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Who would be best suited to analyze budgets, create reports, explain information to others, and handle internal company procedures and finances?
Receptionist
Marketing Agent
Manager
Business Analyst
Answers
Answer:
Business Analyst
Explanation:
They analyze a business or organizations domain. They also documents its business, processes, or systems. Business Analyst helps in guiding businesses in improving processes, products, services, and software through data analysis
Answer:
its d
Explanation:
edg.2021
Which of the following is an example of nonverbal communication?
shaking hands to greet a supervisor
writing an email to a coworker
talking on the telephone to a customer
listening to a presentation at a meeting
ILL GIVE BRAINLEST IF UR ANWSER IT RIGHT .....
Answers
Answer:
Option: writing an email to a coworker
Explanation:
Writing an email to a coworker is an example of nonverbal communication because there is no communication between people by speaking or listening. Writing an email to a coworker is a way of communicating with a person without listening to others converse or engage in one to one talk in person.
Answer:
B
Explanation:
how Is productivity determined?
a.by measuring The relationship to inputs and outputs
b. by comparing the profitability of competing markets
c. by measuring the relationship between supply and demand
d. by comparing the number of hours worked by all employees
Answers
Answer:
a. by measuring The relationship to inputs and outputs
Explanation:
Productivity shows the efficiency of generating output using the available inputs. It is measured by dividing the output of a company or a production line by the inputs used. Therefore, productivity shows the relationship between inputs and outputs.
Productivity can also be measured by labor output. In this case, the output is divided by the number of labor hours used.
Diana's gross pay was $890 and her total deductions were $89. What is her net pay?
Answers
Explanation:
Greetings !
Diana's gross payment - Her deductions = Her net payment.
Thus, $890-$89=801$=Net payment of Diana.
Hope it heps!
You've owned a successful online retail business for 10 years. Recently, shopping behavior has shifted, and shoppers are buying less each time. The product and marketing strategy hasn't changed. Which two actions should you take
Answers
The two actions you should take are Provide personalized experiences that meet shopper expectations online in-store, Uncover needs to meet requirements of curious, impatient consumers. So, correct options are A and C.
Based on the shifting shopping behavior and the need to adapt to meet shopper expectations, the two recommended actions would be:
a) Provide personalized experiences that meet shopper expectations online or in-store: With shoppers buying less each time, it becomes essential to focus on enhancing the shopping experience. Offering personalized experiences can help build stronger connections with customers and increase their satisfaction.
This can be achieved through strategies such as personalized product recommendations, tailored promotions, and responsive customer service. By understanding and addressing individual shopper preferences, the business can improve customer loyalty and encourage repeat purchases.
c) Uncover the needs to meet the requirements of curious and impatient consumers: To adapt to changing shopping behavior, it is crucial to understand the needs and expectations of the target audience. Curious and impatient consumers may have specific demands related to convenience, speed, and product information.
Conducting market research, gathering customer feedback, and analyzing consumer trends can help identify these needs and tailor the business's offerings accordingly. This may involve optimizing the website for easy navigation, providing detailed product descriptions, offering fast and reliable shipping options, and implementing hassle-free return policies.
By taking these actions, the business can stay responsive to changing shopping behavior and strive to meet evolving customer expectations, ultimately improving customer satisfaction, engagement, and sales. Continuously monitoring and adapting strategies based on customer feedback and market trends will help maintain the business's competitiveness in the dynamic retail landscape.
So, correct options are A and C.
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Complete question is:
You've owned a successful online retail business for 10 years. Recently, shopping behavior has shifted, and shoppers are buying less each time. The product and marketing strategy hasn't changed. Which two actions should you take
a) Provide personalized experiences that meet shopper expectations online or in-store.
b) Boost profitability, traffic, customer base, and sales with Shopping ads.
c) Uncover the needs to meet the requirements of curious and impatient consumers.
d) Continue with your current marketing strategy, as shopping behavior changes regularly and will balance out.
In business writing, the main idea of a written work should be located
a. At the end of the first paragraph
b. In the body of the document
At the beginning of the first paragraph
d. In the salutation of the document
C.
Please select the best answer from the choices provided
Ο Α
B
С
OD
Answers
Answer:
c
Explanation:
cccccccccccccccccccccccccc
Answer:
well i blive its c
Explanation:
betty's boutique purchased merchandise for cash from jackson supply for $700. what is the journal entry for betty's boutique to record this transaction?
Answers
The journal entry for Betty's Boutique to record the purchase of merchandise for cash from Jackson Supply for $700 would typically be as follows:
Date: [Date of the transaction]
Debit: Merchandise Inventory - $700
Credit: Cash - $700
Explanation: This journal entry reflects the increase in the Merchandise Inventory account, which represents the value of the merchandise purchased.
$700 represents the increase in the Merchandise Inventory account. The credit entry of $700 represents the decrease in the Cash account as the payment is made in cash.
Please note that the specific account titles and amounts used in the journal entry may vary depending on the chart of accounts and accounting practices followed by Betty's Boutique. It is always advisable to consult with an accountant or financial professional familiar with your business specific accounting requirements.
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All liabilities involve a probable ____ sacrifice of economic benefits and arise as a result of _____ transactions or events.
Answers
All liabilities involve a probable future sacrifice of economic benefits and arise as a result of past transactions or events.
A liability is a financial debt that an individual or organization owes. Liabilities are eventually satisfied through the transfer of economic benefits like money, goods, or services. Liabilities and assets can be contrasted. Liabilities are things you have borrowed money from or owe money on; assets are things you own or owe money on. A liability is an obligation that one party owes to another that hasn't been met or paid for. In the world of accounting, a financial liability is an obligation, but it is more specifically defined by earlier business dealings, occasions, sales, trades of goods or services, or anything else that will result in income in the future.
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Today, michael purchase a laptop computer from a retail outlet. he has agreed to pay for this purchase in full 30 days from today. this is an example of:
Answers
Michael's agreement to pay for the laptop computer in full 30 days from today is an example of a deferred payment or a credit purchase. It allows him to acquire the laptop immediately and settle the payment at a later date.
When Michael purchased the laptop computer from the retail outlet, he entered into an agreement where he is granted a period of 30 days to pay for the purchase in full. This arrangement is commonly seen in credit purchases or deferred payment plans. By agreeing to this arrangement, Michael is essentially obtaining the laptop on credit, allowing him to use it before making the full payment. Deferred payment options can be beneficial for consumers who may not have the immediate funds to make a purchase but can comfortably settle the payment within the agreed-upon timeframe. It provides flexibility and convenience for buyers while enabling them to acquire the desired product or service promptly.
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Comprehensive insurance is when your insurance company usually
OA. Covers just collisions with a lot of cars at once
OB. Includes health insurance for any injuries.
OC. Covers collision and physical damage.
OD
Can't help you if you are driving in an area that has a high rate of
accidents and a lot of crime.
Answers
The Comprehensive insurance is the insurance company usually covers collision and physical damage to the vehicle.
Comprehensive insurance as its name connotes is the insurance which cover extensively, all the peril which can cause damage or loss to the insured subject matter.
The Comprehensive insurance have a greater coverage than the
Third party onlyThird party, fire and theft.Therefore, the Option C is correct because its best describes the coverage of the Comprehensive insurance.
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