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How do you determine if a vehicle is totaled?
If the repairs of the vehicle exceed the value of the vehicle, then the vehicle is declared total loss.
What is the average annual car mileage?
According to the US DOT Federal Highway Administration, the average annual miles per vehicle is 12,334 per year. This is based on a total annual miles traveled (3,049,047 million) divided by the total number of vehicle registrations (247 million). This data from 2007 but statistics like this are often a few years in arrears.
How do they determine the amount to pay for a total loss vehicle with a prior salvage title?
Typically the value is 20% of the vehicle's value without salvage.
What formula is used to determine if a vehicle is a total loss in Texas?
If the cost to repair is more than the vehicle is worth to replace then it is considered totaled.
What formula is used to determine if a vehicle is a total loss?
Insurance companies will determine that your car is totaled if the cost of the damage approaches or exceeds the car
What is the empty weight of vehicle?
The empty weight of a vehicle is the total weight minus the net weight. This is used to determine the cost of things that pay by weight.
What is does total annual bonus mean?
total annual bonus for the job position
What is the total quality management of Honda?
The total quality of management for the automobile and vehicle conglomerate operating under the name of the Honda Corporation is compact. It focuses on customers and quality customer relations.
What is the annual mileage for the average car?
AnswerAccording to the US DOT Federal Highway Administration, the average annual miles per vehicle is 12,334 per year. This is based on a total annual miles traveled (3,049,047 million) divided by the total number of vehicle registrations (247 million). This data from 2007 but statistics like this are often a few years in arrears.http://www.fhwa.dot.gov/policyinformation/statistics/2007/vm2.cfmhttp://www.fhwa.dot.gov/policyinformation/statistics/2007/dlchrt.cfm
How do you calculate net operating income?
Total operating income less total operating expense = net operating income (or loss if the expenses were higher)
How can one determine the annual percentage rate (APR) of a loan or credit card without knowing the interest rate?
To determine the annual percentage rate (APR) of a loan or credit card without knowing the interest rate, you can look at the total cost of borrowing over a year, including fees and other charges. By dividing this total cost by the amount borrowed, you can calculate the APR.
What are operating liabilities?
Short-term liabilities resulting from the primary business operations of a firm. They are non-interest bearing and comprise of accounts payable, accrued expenses, and income tax payable. Operating liabilities are deducted from total assets to determine the net operating assets.
