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2 years ago

Which person would most benefit from homeowners insurance?

Business

1 answer:

atroni [7]2 years ago

4 0

The person would most benefit from homeowners insurance is D) Fran lives in an assisted living facility.

<h3>What is insurance?</h3>

Insurance can be described as the way of managing your risk when someone subscribe to insurance, then the protection against unexpected financial losses is been gotten.

Hence, The person would most benefit from homeowners insurance is D) Fran lives in an assisted living facility.

Therefore , option D is correct.

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When a research project includes the collection of biological samples, all planned future uses of the samples, identifiers, and

Mrac [35]

It is True, that all research that involves interaction or intervention with human samples and data a part of human subjects research.

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4 years ago

A company reports the amounts below in its statement of cash flows.

ludmilkaskok [199]

Answer:

C. 1.20

Explanation:

The total net cash flow consist of net cash flows from 3 activities namely; Operating activities, Investing activities and Financing activities.

Let the cash flows from operating activities be y

Therefore,

123,000 = y + 66,480 + 30,780

y = 123,000 - 66,480 - 30,780

y = 25,740

Current liabilities = (23,400 + 19,500)/2

= 21450

The company's operating cash flows to current liabilities ratio

= 25,740 /21450

= 1.20

3 0

3 years ago

Suppose the probabilities of the recession or boom are .30, while the probability of a normal period is .40. would you expect th

gtnhenbr [62]

The standard deviation should decrease because there is now a lower probability of the more extreme outcomes. The expected rate of return on the auto stock is now

<h3>How is the variance calculated?</h3>

[0.3 × (–8%)] + [.4 × 5%] + [.3 × 18\%] = 5%[.3×(–8%)]+[.4×5%]+[.3×18%] = 5%

The variance is

[.3× (–8 – 5 $)^2$ ] + [.4× (5 – 5 $)^2$ ] + [.3×(18 – 5 $)^2$ ] = 101.4

The standard deviation is √101.4 = 10.07 percent, which is lower than the value assuming equal probabilities of each scenario.

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4 0

1 year ago

Prepare the journal entry to record Mills’ investment in the bonds on July 1, 2018. Prepare the journal entries by Mills to reco

Damm [24]

Answer:

the question is incomplete, so I looked for a similar one and found the following:

"Mills Corporation acquired as a long-term investment $240 million of 5% bonds, dated July 1, on July 1, 2018. Company management has the positive intent and ability to hold the bonds until maturity. The market interest rate (yield) was 3% for bonds of similar risk and maturity. Mills paid $280.0 million for the bonds. The company will receive interest semiannually on June 30 and December 31."

At what amount will Mills report its investment in the December 31, 2018, balance sheet?

July 1, 2018, bonds are purchased at a premium

Dr Investment in bonds 240,000,000

Dr Premium on investment in bonds 40,000,000

Cr Cash 280,000,000

December 31, 2018, first coupon payment

Dr Cash 12,000,000

Cr Interest revenue 8,400,000

Cr Premium on investment in bonds 3,600,000

The carrying value of the investment in bonds account = $280,000,000 - $3,600,000 = $276,4000,000 or $276.4 million

Suppose Moody’s bond rating agency upgraded the risk rating of the bonds, and Mills decided to sell the investment on January 2, 2019, for $290 million.

January 2, 2019

Dr Cash 290,000,000

Cr Investment in bonds 240,000,000

Cr Premium on investment in bonds 36,400,000

Cr Gain on sale of investments 13,600,000

Explanation:

amortization of bond premium using the effective interest method on first coupon received = ($240,000,000 x 5%) - ($280,000,000 x 3%) = $12,000,000 - $8,400,000 = $3,600,000

Premium on investment in bonds = $40,000,000 - $3,600,000 = $36,400,000

4 0

3 years ago

If the Federal Reserve announces that its target for the federal funds rate is rising from 4 percent to 4.25 percent, how do you

olganol [36]

Answer:

B) As long as the Fed's announcement is credible, workers and firms will reduce their consumption and investment spending, which will reduce aggregate demand and reduce inflation.

Explanation:

If the FED announces that it will increase the federal funds rate, it will increase the interest that banks charge other banks for lending them money in order to comply with the reserve ratio. This increase would make banks hand out less loans and be more careful in order to reduce their need for overnight funds.

If banks reduce their loans, their capacity for creating money will also be reduced, lowering the consumption level and investment spending of both workers (households) and private firms.

6 0

3 years ago