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iris [78.8K]
2 years ago
11

The major output of financial accounting is a set of statements including the.

Business
1 answer:
oksano4ka [1.4K]2 years ago
4 0

Answer:

balance sheet,

income statement,

statement of cash flows

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A contractor puts in a claim under a comprehensive standard general liability policy. The policy has no additional coverage, rid
kari74 [83]

Answer: $1,300

Explanation:

A comprehensive standard general liability policy is used when there are operations being conducted by a contractor or tenant. The basic policy covers property damage to other parties as well as bodily harm. Seeing as there are no additional coverages, the basic plan is in effect.

The only thing that can be covered here by the insurance company therefore is the $1,800 damage to the pedestrian because the rest relate to the contractor so are not covered,

As there is a $500 deductible, the amount the insurance company is liable for is:

= 1,800 - 500

= $1,300

3 0
3 years ago
Winston Co. had two products code named X and Y. The firm had the following budget for August:
xenn [34]

Answer:

a. $90,000 favorable

Explanation:

Calculation for what The selling price variance for Product Y is

First step is to calculate the Actual price

Actual price:M=$540,000 ÷ 9,000

Actual price= $60

Now let calculate the selling price variance

Selling price variance=($60 - $50) × 9,000

Selling price variance=$10×9,000

Selling price variance=$90,000 favorable

Therefore The selling price variance for Product Y is $90,000 favorable

5 0
3 years ago
Calclulated the standard deviation of a portfolio that has 30% invested in stock X and 70% in stock Y given the historical data
grin007 [14]

Answer:

The standard deviation of the portfolio is 0.1104, or 11.04%.

Explanation:

Note: See the attached file for how the standard deviation is calculated.

Download xlsx
7 0
4 years ago
Quizlet Inter-organizational relationships are simple transactions that occur between two or more organizations. True or False
Pavlova-9 [17]

Answer:

True

Explanation:

In simple words, Relatively persistent flows of capital transfers and interactions between two or several entities are termed inter-organizational connections. These relationships are considered to be risky and often results in superior returns. It helps two firms to operate in a ritualistic partnership combined which does not force them to combine into a common company.

6 0
3 years ago
Payless Shoes is a chain of ____ stores. Select one:
Luden [163]
Hello! Payless Shoe Source is a chain of e. Specialty stores. This is the case because the store specializes in shoes.
4 0
4 years ago
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