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stich3 [128]
2 years ago
6

What is the difference between renters insurance for the ""full replacement cost"" vs renters insurance for the ""cash value"" o

f your items?.
Business
1 answer:
Rainbow [258]2 years ago
4 0

The difference between the "full replacement cost" and the "cash value" renters insurance is one involves full replacement cost and the other depreciated value.

<h3>What is renters insurance?</h3>

Renter's insurance is the property insurance that covers the (renter's) policyholder's personal belongings, liability, and some living expenses in case of a loss event.

With replacement cost renters insurance, the policyholder has sufficient funds to replace all insured belongings and other losses.

With cash value renters insurance, the policyholder can only recover the depreciated value of their assets.

Thus, the difference between the "full replacement cost" and the "cash value" renters insurance is one involves full replacement cost and the other depreciated value.

Learn more about renters insurance at brainly.com/question/1973043

#SPJ1

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Assume that China imports a significant amount of coffee beans from Vietnam.
kari74 [83]

Option E , ASEAN trading bloc would reduce trade barriers between China and Vietnam

Explanation:

The Association is a national intergovernmental body of ten countries in Southeast Asia that promotes intergovernmental cooperation and facilitates the integration of its members and others in the Asian economy, diplomacy, defense, the army, education and social-culture.

In and beyond the Asia-Pacific region, ASEAN regularly engages with other countries. ASEAN is a major partner in the Shanghai Cooperation Organization and operates a global network of allies and dialog members, many of them considered a financial superpower and central Asia-Pacific co-operation union.

The ASEAN Secretariat is headquartered in Jakarta, Indonesia, and is involved in numerous international affairs, and holds diplomatic missions all over the world.

8 0
3 years ago
A competitive strategy to be the low-cost provider in an industry typically does not work well when:_______
sesenic [268]

Answer:

The Correct answer is A

Explanation:

Strategy of low cost is the kind of the pricing strategy, in which the business or organization, offers or provide the products or services at low price. This strategy helps in stimulating the demand as well as gain or acquire the higher market share.

So, the strategy which is competitive and also  the low cost provider in the industry work well when:

1. Newcomers in the industry uses at the introductory stage, the low prices so that could attract the buyers.

2. The competition on the price between the rivals sellers is vigorous.

3. The buyer also incur the low costs while switching the purchases from seller to another seller.

4. The product which are commodity grounded prevail as well as has minimal differentiation.

5 0
3 years ago
Read 2 more answers
Under the terms of the Treaty of Guadalupe Hidalgo, the United States Select one: a. officially acquired only Texas. b. gave up
kvasek [131]

Answer:

e. agreed to pay millions to Mexico.

Explanation:

The Treaty of Guadalupe Hidalgo wan on 2 February 1848 between the US and the Mexican Republic. The official title of the treaty is the Treaty of Peace, Friendship, Limits and Settlement between the US and Mexico.

The major purpose of signing the Treaty was to bring an end to the Mexican–American War that lasted betweem 1846 and 1848). Mexico sought to end the war when its army was defeated and the its capital fell. The treaty was effective starting from 4 July 1848.

The provisions of the include: the US should pay US$15 million to Mexico; to pay up to US$5 million to the citizens of the US that had claims against Mexico; the Rio Grande was given to the US to serve as a boundary for Texas; it also gave California including expanse areas like half of New Mexico, Colorado, Utah and Navada.

Therefore, the only correct option in the question is e. agreed to pay millions to Mexico.

4 0
3 years ago
Understanding how costs behave is useful to management for all the following reasons except a. predicting customer demand b. pre
DedPeter [7]

Answer:

The correct answer is A

Explanation:

Study of the cost behavior provides the useful information for determining the costs.Customer demand could not be predicted by paying the attention to how the costs varies or change when the activity changes. However, the costs could be estimated or determined and changes could be made to the production which is existing in order to maximise the profit for the business.

3 0
3 years ago
The outstanding capital stock of Novak Corporation consists of 1,800 shares of $100 par value, 7% preferred, and 5,100 shares of
Alborosie

Solution :

                                                                            Preferred            Common

Non cumulative and non Participative                    12,600               67,400

Cumulative and non participative                            37800                42200

Cumulative and participative                                   47876                32124

                             

                            <u>    Current Stock Out Standing    </u>

Common stock at the rate 50                             5100 shares         255000

Preferred stock 7% at the rate 100                    1800 shares          180000

         

           <u>  Cumulative the annual dividend on the preferred stock  </u>

Preferred stock dividend                                   (180000 x 7%)       12600

Dividend Arrears to preferred stock                   (12600 x 2)            25200

                        <u>   Non cumulative and non participative     </u>

                                                  Preferred                 Common        Total

Current year                               12600                                            12600

Arrears                                        0                                                    0

Common stock                                                            67400            67400

Total dividend                             12600                       67400            80000

                       <u>  Cumulative and non participative  </u>

                                                  Preferred                 Common        Total

Current year                               12600                                            12600

Arrears                                        25200                                            25200

Common stock                                                            42200            42200

Total dividend                             37800                       42200            80000

                          <u>  Cumulative and participative</u>

                                                  Preferred                 Common        Total

Current year                               12600                                            12600

Arrears                                        25200                                            25200

Common stock (255000 x 7%)                                   17850            17850

Balance dividend pro data          10076                      14274            24350

Total dividend                             47876                       32124            80000

Working notes :

Amount for the participation    = 80000-(12600+25200+17850)   = 24350

Rate of participation = $\frac{24350}{(255000+180000)} $              = 5.5977%

Participating dividend:

Preferred stock = 18000 x 5.5977%   = 10076

Common stock = 255000 x 5.5977%  = 14274

Total participating dividend                  = 24350

7 0
3 years ago
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