1. Wind damage occurs to your car costing $1,300 to repair. If you have a $160 deductible for collision and full coverage for comprehensive, what portion of the claim will the insurance company pay?
2. Are there things that a company can do in the long run to reduce fixed costs? If so, what? are they?
3. Do you consider apple inc's current position (ability to pay its current liabilities) strong? Would you lend this organization money? Explain and support your conclusion by using facts not opinions.