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3 years ago

Insurance protects you from associated risks, Match each scenario to the insurance

Business

1 answer:

den301095 [7]3 years ago

8 0

Matching each scenario to the insurance needed for protection.

Tyrell's son has leukemia and will need cancer medications- Health insurance.

Someone broke into Maria's house and stole her flat screen TV and other values- Homeowners insurance.

Don wants to make sure his family has enough money to pay off the house if he dies- Life insurance.

Jill broke both of her legs in a skiing accident. She will be out of work for several months while she recovers from her injuries- Disability insurance.

Due to careless driving, Lisa hit another car and hurt the passengers inside- Liability insurance.

<h3>What is insurance?</h3>

Insurance can be defined as a coverage that help to cover cost or expenses in case of unforeseen or unexpected circumstances such as:

Accident
Fire
Theft etc.

Therefore Tyrell's son has leukemia and will need cancer medications- Health insurance.

Learn more about insurance here:brainly.com/question/25855858

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3 years ago

Consider the following premerger information about Firm X and Firm Y:

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Answer:

Firm X and Firm Y

Post-merger Balance Sheet for Firm X

Net assets $886,000

Goodwill 90,000

Total assets $976,000

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Total liabilities and

equity $976,000

Explanation:

a) Data and Calculations:

Firm X Firm Y

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Per-share values:

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= (53,000*$14) (18,000*$8)

Net assets = Common Stock for each company

Merger premium on Firm Y $5

Goodwill on acquisition = $90,000 (18,000 * $5)

Investment in Firm Y = $234,000 (18,000 * ($8 + $5)

Long-term debt issued = $234,000

Net assets

Firm X net assets before acquisition = $742,000

Firm Y net assets before acquisition = 144,000

Net value of combined assets = $886,000

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3 years ago

James owns a home in Lake Tahoe, Nevada, that he rented for $1,600 for two weeks during the summer. He lived there for a total o

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Answer:

A. $0

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