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2 years ago

Which of the following people would not likely have an insurable interest in a

Business

2 answers:

bearhunter [10]2 years ago

7 0

C a friend because they aren’t related to the owner

o-na [289]2 years ago

3 0

The correct answer would be C. Have a great day man.

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What is a bank teller?

Viefleur [7K]

Answer:

bank teller is an employee of a bank whose responsibilities include the handling of customer cash and negotiable instruments. In some places, this employee is known as a cashier or customer representative. Most teller jobs require experience with handling cash and a high school diploma.

Explanation:

i hope this work

5 0

2 years ago

Amberjack Company is trying to decide on an allocation base to use to assign manufacturing overhead to jobs. The company has alw

HACTEHA [7]

Answer:

Pooooop

Explanation:

3 0

2 years ago

L Corporation produces and sells 15,100 units of Product X each month. The selling price of Product X is $21 per unit, and varia

swat32

Answer:

If Product X is discontinued, the company’s overall net operating income would: increase by $61,600

Explanation:

Not drop Drop Difference

Sales 317,100 317,100

(15100*21)

Less: Variable expenses 226,500 226,500

(15,100 * 15)

Contribution margin 90,600 90,600

Less: fixed expenses 101,000 72,000 29,000

Net operating income -$10,400 $61600

Conclusion: If Product X is discontinued, the company’s overall net operating income would: increase by $61,600

8 0

3 years ago

Oscar's Red Carpet Store maintains a checking account with Academy Bank. Oscar's sells carpet each day but makes bank deposits o

musickatia [10]

Answer:

Some part of this question is missing (refer to attachment for missing part of question)

A bank Reconciliation statement is required to agree the Cash Ledger of the Business. Differences are highlighted and subjected to test to understand and justify their existence. It is with a Bank reconciliation statement we can be sure the transactions posted in our Cash Book and Bank records are accurate.

An adjusted Cash Book may need to be drawn up to capture activities in the Bank that was not known to the Treasury Analyst.

Having done this, both the Bank reconciliation should agree with the adjusted Cash Book.

Explanation:

Red Carpet Store

Bank reconciliation Statement

For the Month ending February 28, 2018

Balance per Bank statement $13,325

Add Cash Receipts 26-28 Feb not recorded $1,600

Deduct Undebited Cheques

325 = $200

327 = $1,900
Total undebited Cheque = -$2100

Balance as per adjusted Cash Book $12,825

Adjusted Cash Book

As at February 28 2018

Opening Balance $8,100

Deduct uncleared cheque -$200

Deduct Under-recording of Chq 323 -$300

Deduct Feb rent automatic withdrawal -$1,100

Add Interest earned on daily balance $200

Add Repayment of Titanic Loan & interest &6,250

Deduct charges (NSF, Titanic repayment & Automatic rent payment) -$125

Adjusted cash balance = $12,825

5 0

3 years ago

Regency Inn leased a rental office in the lobby of its hotel to Americar, a car rental agency. Wagner rented a car from Americar

WINSTONCH [101]

Answer:

The court ruled against both Americar and Regency Inn, and then Regency Inn won its case against Americar. The nuisance case itself is pretty unpleasant, so it's not worth referring to it.

The fundamentals for the ruling against Americar were that they themselves had drafted the lease agreement and that the clause included in the lease agreement by which they agreed to indemnify Regency Inn was valid. The original lease term had already expired, but Americar continued to lease the offices on a monthly basis. Since they never left the place, the clauses in the original agreement were still valid even though the lease changed to a monthly basis. I.e. if you sign a lease contract and after the original contract is over, you continue to lease the same place, then the clauses from the original contract still apply.

The clause stated that Americar was liable for damages that took place on the leased premises or in their proximity, i.e. the area near their offices. The parking lot was considered to be in the proximity of Americar's offices.

3 0

3 years ago