If your car has been involved in an accident, has been the victim of a natural disaster, or has undergone too many modifications, it will most likely be marked off as asalvage vehicle. This means that the car has been declared a total loss by an insurance company and given a salvage br...
What is the resale value of a car? You likely need to know the resale value of a car when you are in the market for buying or selling a vehicle, or if you arefiling an insurance claimon a car that was totaled in an accident. The resale value, as the name suggests, is simply the...
How to calculate the amount of liability insurance you need Everyone has different insurance needs, but some general guidelines can help you determinehow much coverage you may need. Understand your state’s insurance laws The minimum coverage needed to put your car on the road depends on your st...
you can add it to Other Liquid Assets. You gather the current asset information from a balance sheet and add it. Typically, it is already totaled up for you on the balance sheet under
and any extra equipment are all important as they help increase the actual cash value. The car salvage value is commonly determined using the average of the retail and wholesale values to calculate the car’s current market value. Many insurance companies are willing to pay accidents or act of...
Expenses including the water bill, property taxes, and insurance, totaled $2,400 for the year. or $200 per month. Your annual return was $9,600 ($12,000 – $2,400). To calculate the property’s ROI: Divide the annual return ($9,600) by the amount of the total investment, or ...
Overall, before you can make a decision, you need to know how your insurance company decides the amount they'll pay for yourdamaged vehicle claim, to make sure that you're getting what you're owed. So whether it's the case of your car getting completely totaled, or your car wasn't ...
When you own a car, you can make as many changes as you want, even if you have an auto loan. Handling Car Accidents While you need auto insurance with both an auto loan and a lease, the claims process differs for each. If you're in a car accident and your leased car is totaled,...
You calculate the ratio by dividing current assets by current liabilities: Current Ratio = Current Assets / Current Liabilities You want this ratio to be above 1. If the ratio falls below 1, it’s a warning sign that your business may not be able to pay its debts when they become due....
How Do You Calculate Net Debt in Excel? Find the following information on the company's balance sheet to calculate net debt using Microsoft Excel: total short-term liabilities, total long-term liabilities, and total current assets. Enter these three items into cells A1 through A3 respectively. ...