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2 years ago

Which of the following is a coverage that is broad because it can cover personal as well as commercial entities

1 answer:

6 0

<u>Specialized Coverage</u> is a coverage that is broad because it can cover personal as well as commercial entities.

A commercial is an advertisement for a business. Commercial activity is selling goods or services for profit. There's also commercial trading in the forward and futures markets, generally done for heading purposes.

Commercial is defined as a paid advertisement. An example of a commercial is an advertisement for soda or cereal. Commercial use is a legal term that defines the use of certain merchandise, tools or intellectual property for financial gain.

A business can use anything labeled for commercial use for its purposes, including resale, production of other goods and tools, and marketing. Commercial means involving or relating to the buying and selling of goods. In its heyday, the city was a major center of industrial and commercial activity.

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You might be interested in

The budgeted unit sales of Weller Company for the upcoming fiscal year are provided below:1st Quarter 2nd Quarter 3rd Quarter 4t

saw5 [17]

Answer:

Total cost= $392,500

Explanation:

Giving the following information:

1st Quarter= 24,000 units

2nd Quarter= 25,000

3rd Quarter= 21,000

4th Quarter= 22,000

The company's variable selling and administrative expense per unit is $2.30.

Fixed selling and administrative expenses include advertising expenses of $9,000 per quarter, executive salaries of $44,000 per quarter. Also, the company will make insurance payments of $4,000 in the first quarter and $4,000 in the third quarter. Finally, property taxes of $8,600 will be paid in the second quarter.

We will assume that insurance and taxes are for offices and properties of the selling and administrative department.

1st quarter:

Variable cost= 2.3*24,000= 55,200

Fixed expense= 9,000 + 44,000= 53,000

Insurance= 4,000

Total= $112,200

2nd quarter:

Variable cost= 2.3*25,000= 57,500

Fixed expense= 9,000 + 44,000= 53,000

Property taxes= 8,600

Total= $71,400

3rd quarter:

Variable cost= 2.3*21,000= 48,300

Fixed expense= 9,000 + 44,000= 53,000

Insurance= 4,000

Total= $105,300

4th quarter:

Variable cost= 2.3*22,000= 50,600

Fixed expense= 9,000 + 44,000= 53,000

Total= $103,600

Total cost= $392,500

7 0

3 years ago

Toby kirkland’s parents claim him as a dependent on their tax return. Toby had earned income in the amount of $2,897. What is to

labwork [276]

When we use the IRS rule which states the standard deduction amount should be greater than $900 or the income earned by the taxpayer for the year in addition with $300 (should not be exceeding the regular standard deduction). Income earned by Toby is $2,897, then add

$300 into it.

The correct standard deduction amount would then be $3,197 ($2,897 +300)=$3197.

Standard deduction is the deduction given by the income tax authorities to the tax payer.

Internal revenue bulletin is the instrument used by the IRS for announcing all the rules.

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4 0

2 years ago

General Forge and Foundry Company has a quick ratio of 2.00; $38,250 in cash; $21,250 in accounts receivable; some inventory; to

Vlada [557]

Answer:

The answer is General Forge and Foundry Company selling and replacing its inventory 2.55 times per year on average.

Explanation:

We have:

The company cost of good sold = Sales x 65% = 100,000 x 65% = $65,000

The company inventory = Total current asset - Cash - Account Receivable = 85,000 - 38,250 - 21,250 = $25,500

=> Inventory turn over ratio = Cost of good sold / Inventory = 65,000/25,500 = 2.55 times or the company is selling and replacing its inventory 2.55 times per year.

So, the answer is 2.55 times.

4 0

3 years ago

You can buy property today for $2.9 million and sell it in 5 years for $3.9 million. (You earn no rental income on the property.

nignag [31]

Answer:

a) $2, 654,000 or approximately $2.654 million

b) The investment is not attractive because the present value of the future cash flow at $2.654 million is less than the investment of $2.9 million

c) $3.413 million approximately

d) This property is attractive as the present value of $3.413 is higher than the investment of $2.9 million

Explanation:

The A part of the questions is to determine the present value of property

Information given

Future value = $3.9 million

Interest rate = 8%

The period = 5 years

The present value formula = Future value / (1+r)∧n

= $3,900,000 / 1.08∧5

= 2,654,274.46843163

= $2, 654,000 or approximately $2.654 million

b) Is the property attractive...

The investment is not attractive because the present value of the future cash flow at $2.654 million is less than the investment of $2.9 million

c) Compute a new present value based on cash flow of $190,000

The present value

= 190,000/ 1.08∧1 + 190,000/ 1.08∧3 + 190,000/ 1.08∧3 + 190,000/ 1.08∧4 +190,000/ 1.08∧5 + 3,900,000/ 1.08∧5

= 175,929.93 + 162,894.38 + 150,828.13 + 139,655.67 + 129,310.81 + 2,654,274.47= 3,412,889.38

= $3.413 million approximately

d) This property is attractive as the present value of $3.413 is higher than the investment of $2.9 million

3 0

3 years ago

Tylenol products have extensive instructions for users to prevent accidental overdose and associated liver function complication

Pavlova-9 [17]

The benefit of packaging provided by Tylenol products by indicating implications of accidental overdose is communication benefit.

The science, art, and techniques of wrapping or safeguarding products for dispersion, stockpiling, sale, and use is known as packaging. The method of creating, assessing, and generating packages is also referred to as packaging. Product packaging is utilized by companies to communicate information. Packaging includes nutritional information, usage instructions, characteristics, and advantages. Customer support information also appears on packaging to enable customers to reach companies or communicate with it as well as provide feedback or make suggestions.

In this case packaging of Tylenol products have been done in such a way to provide useful information about its usage as well as prevent the consumers from accidental overdose as it can be associated with liver function complication. Through its packaging company is communicating with the consumers in an indirect manner.

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5 0

1 year ago