1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Gelneren [198K]
1 year ago
15

Builder's risk coverage is typically procured by the owner, with protection extended to the contractor and subcontractors. Quest

ion 9 options: a) True b) False
Business
1 answer:
Anna [14]1 year ago
8 0

It is true that builder's risk coverage is typically procured by the owner, with protection extended to the contractor and subcontractors.

<h3><u>What is Builder's risk coverage ?</u></h3>

Builder's risk insurance, commonly referred to as course of construction insurance, is a specific kind of real estate insurance that aids in protecting structures that are still being built. It is crucial for assisting in the protection of building projects, but it can be difficult to understand. But having a builder's risk insurance coverage that is correctly set up might be quite important. In reality, it will form the basis of an effective risk management strategy.

Builder's risk insurance shields building projects against property damage brought on by:

  • Fire
  • Lightning
  • Hail
  • Explosions
  • Theft
  • Vandalism
  • Natural disasters caused by God

To view similar questions about builder's risk coverage, refer to:

brainly.com/question/24030221

#SPJ4

You might be interested in
Brad, a project manager, wants to build a database to integrate information about employees and tasks that they handle. Brad wan
Andrei [34K]

Answer:

entities.

Explanation:

First of all, in project management, an entity is any physical resource, concept or incident which is important to the development of the project and can be recorded.

Usually entities are tracked using an entity relationship diagram that shows hows this entity relates to the project, its importance and its main attributes.  

3 0
3 years ago
The selling price of houses would be most likely to decrease if there were first a decrease in which of the following? A. New-ho
Maurinko [17]

Answer: I would have to guess option c the unemployment rate.

Explanation:

4 0
3 years ago
Read 2 more answers
Quick assets include which of the following? Multiple Choice Market securities, receivables, and inventories. Cash, marketable s
just olya [345]

Answer:

The correct answer is letter "C": Cash, marketable securities, and receivables.

Explanation:

The quick assets of a company can easily be converted into cash. Quick assets include <em>cash, account receivables, </em>and<em> marketable securities</em>, which are equity and debt securities that can be converted into cash within one year. To calculate the company's quick assets add its cash, account receivables, and marketable securities and subtract its inventory from that result.

8 0
3 years ago
Ruth executes a will in 2012 naming her nephew stan as sole beneficiary. in 2014, ruth executes another will, naming her niece t
Slav-nsk [51]

Stan and Tammy will share the estate in equal shares. You are able to have as many beneficiaries as you name, due to this and no change in the first will, both will be heirs to the estate. If Ruth were to have revoked the first will, then it would have left Tammy the sole beneficiary.

5 0
3 years ago
E16-4. On January 1.2013, when its $30 par value common stock was selling for $80 per share, Plato Corp. issued $10,000,000 of 8
coldgirl [10]

Answer:

A. Dr Cash Account $10,800,000

Cr To Bonds Payable $10,000,000

Cr To Premium Payable $800,000

B.Dr Bonds Payable account $3,000,000

Dr Premium on bonds payable Debited $2,700,000

Cr To Common Stock $7,500

Cr Additional paid in capital $5,692,500

Explanation:

(a) Preparation of the journal entry to record the original issuance of the convertible debentures

Dr Cash Account $10,800,000

Cr To Bonds Payable $10,000,000

Cr To Premium Payable $800,000

($10,000,000*8/100=$800,000)

(Being issue of share on convertible debenture)

b.Preparation of the journal entry to record the exercise of the conversion option, using the book value method

Dr Bonds Payable account $3,000,000

Dr Premium on bonds payable Debited $2,700,000

Cr To Common Stock $7,500

Cr Additional paid in capital$5,692,500

($3,000,000+$2,700,000-$7,500)

(Being maintain the record of outstanding conversation of debenture)

Calculation for for BONDS CONVERTED

First step is to calculate the amortization for 2013

Amortization for 2013=$10,000,000/20

Amortization for 2013=$500,000

Second step is to calculate the amortization for 2014

Amortization for 2014=$10,000,000/20

Amortization for 2014=$500,000

Third step is to Calculate the premium on bonds payable

Premium on bonds payable=$10,000,000−($500,000+$500,000)

Premium on bonds payable=$9,000,000

Now let calculate the bonds converted

Bonds converted=$9,000,000×30/100

Bonds converted=$2,700,000

Calculation for COMMON STOCK

First step is to calculate the number of bonds

Number of bonds=$10,000,000/1000

Number of bonds=10,000

Second step is to calculate Price for the bond

Price for the bond=10,000×5

Price for the bond=50,000

Third step is to Calculate for Stock Split

Stock Split=50,000/2

Stock Split=25,000

Now let calculate the common stock

Common stock=25,000×30/100

Common stock=7,500

Calculation for BONDS PAYABLE

Bonds Payable=10,000,000×30/100

Bonds Payable=3,000,000

6 0
3 years ago
Read 2 more answers
Other questions:
  • Joe is an accountant and plans to join a group of accountants. he compares a group in a general partnership with a group in a li
    12·1 answer
  • Which of the following statements about a note receivable is true?
    8·1 answer
  • The unemployment rate is an important economic statistic that can tell us about the health of the economy. If the unemployment r
    5·2 answers
  • 1. Imagine this scenario: On Thursday, after your computer breaks, you order a new computer from Amazon to be delivered on Frida
    10·1 answer
  • A student would like to buy cross-over SUV from a local dealer, but she thinks the payments will be too high. Marketing does not
    10·1 answer
  • The sellers, Mr. and Mrs. Hernandez, listed their property for $112,000 and agreed to an exclusive right to sell listing agreeme
    10·1 answer
  • Which of the following is TRUE regarding the significant events in operations​ management? A. The concept of linear programming
    14·1 answer
  • A $25,000 bank loan is to be repaid in equal yearly payments of $2745 over 15 yr at an effective annual interest rate of 7%. The
    12·1 answer
  • Why would the introduction of new products cause a stock price to change?<br>help:&gt;​
    14·1 answer
  • Law of demand is defined as the relationship between price and quantity from a buyer's perspective.
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!