The main cause for the increase in corporate debt in america is

Which of the following does not constitute an insurable interest?

Murrr4er [49]

Answer:you make an offer to buy your neighbor's house.

Explanation:

As seen from the aforementioned alternatives which all have insurable interest.Thus they are expantiated;

1)Firstly,a savings and loan company holding a mortgage on your home has an insurable interest on interest of the property on insurance premium.

2)Secondly,your lease makes you liable for fire damage to your rented premises makes for an insurable interest which is in form of mortagee/morgator contract,even if it isn't your property,it makes you liable for an insurable interest.

3)Thirdly,you have custody of a valuable painting when the owner is away also makes you eligible for an insurable interest.Though here as carrier,it still gives the right to an insurable interest courtesy of the fact that it is in your custody.

Finally,you make an offer to buy your neighbor's house doesn't make you eligible for an insurable interest because it's just a matter of a vocal agreement,thus no transaction has been carried out and therefore,no property transferred to your custody either way.

6 0

3 years ago

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Groundswell Industries, a U.S.-based large conglomerate, competes in the hospitality, education, telecommunications, entertainme

OLga [1]

Answer:C. Product-market diversification strategy

Explanation: Product-market diversification strategy is a business strategy where a company invests in different product lines like FOOD,MEDICALS, ENGINEERING,CEMENT etc and in different markets. This will make the Business organisation to be very versatile and able to over come certain harsh economic conditions. Many international and multinational companies have pursued this strategy to enhance their overall business growth and development.

3 0

2 years ago

Question 7. The corporate charter of Gagne Corporation allows the issuance of a maximum of 100,000 shares of common stock. Durin

ANTONII [103]

Answer:

Share Authorized = 100,000 Shares

Share issued = 70,000

Share outstanding = 66,000 shares

Explanation:

Data provided in the question:

Number of shares Gagne Corporation allows the issuance = 100,000 shares

Number of shares Gagne sold to shareholders = 70,000

Number of shares reacquired by Gagne = 4,000

Now,

Share Authorized = Number of shares Gagne Corporation allows the issuance

= 100,000 Shares

Share issued = Number of shares Gagne sold to shareholders

= 70,000

Share outstanding = Shares issued - Number of shares reacquired

= 70,000 - 4,000

= 66,000 shares

6 0

2 years ago

A company purchased a weaving machine for $190,000. The machine has a useful life of 8 years and a residual value of $10,000. It

pav-90 [236]

Answer:

The answer is option (B), accumulated depreciation at end of the second year=36,000+45,600=$81,600

Explanation:

Determine the depreciable cost using the formula below;

depreciable cost=acquisition cost-residual value

where;

acquisition cost=$190,000

residual value=$10,000

replacing;

depreciable cost=190,000-10,000=$180,000

depreciable cost=$180,000

Determine the cost per unit as follows;

depreciable cost=cost per bolt×number of bolts produced

where;

depreciable cost=$180,000

cost per bolt=c

number of bolts produced=75,000 bolts

replacing;

180,000=c×75,000

75,000 c=180,000

c=180,000/75,000=2.4

The cost per bolt=$2.4

annual depreciation for the first year=(2.4×15,000)=$36,000

annual depreciation for the second year=(2.4×19,000)=$45,600

accumulated depreciation at end of the second year=36,000+45,600=$81,600

3 0

3 years ago

What recommendations/actions would you provide to a coworker if they did not understand an email that was written by their super

valentina_108 [34]

My recommendation would be: communicate directly to the supervisor to clarify the intend of the email

Most employees believed that asking clarification to their supervisor would reflect badly on them since it make them look incompetent.

But most supervisors are trained to provide employees with guidance if they do not understand their assignment. And, following the wrong order would be significantly worse compared to not able to understand an email.

4 0

2 years ago

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