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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.

Learn more about insurance at:

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Real GDP refers to _____. rev: 04_09_2018 Multiple Choice GDP data that embodies changes in the price level but not changes in p

pochemuha

Answer: GDP data that has been adjusted for changes in the price level

Explanation:

Real GDP refers to the Nominal GDP adjusted for inflation. Nominal GDP calculates the value of final goods and services in the Economy by using the price levels of that year so if inflation has occurred, comparing it to previous years would be inaccurate.

The Real GDP would use the price levels of a base year to calculate the GDP of the current year so that the effect of inflation may be negated and the real growth of the economy can be seen.

5 0

3 years ago

Farmer Company purchased equipment on January 1, Year 1 for $82,000. The equipment is estimated to have a 5-year life and a salv

timurjin [86]

Answer:

15600 , 13600

Explanation:

Annual Depreciation = [Cost of Asset - Salvage Value] / Expected use years

Year 1 Beginning : Cost = $82000 , Salvage Value = $4000, Years = 5

So, Annual Depreciation = [82000 - 4000] / 5

= 78000 / 5 = 15600

Year 4 Beginning : {3 Years gone, 2 years left}

Asset Value remaining = Cost - [(Annual Depreciation)(Years)]

= 82000 - [(15600)(3)]

= 82000 - 46800 = 35200

Dep. = [Cost - Scrap Value] / Years

= [35200 - 8000] / 2

= 27200/2 = 13600

7 0

3 years ago

What are the features of a corporation?

Fynjy0 [20]

Answer:

<em><u>Find below the features of a corporation</u></em>

An investor who purchases stock in a corporation becomes an owner

The chief distinguishing factor of a corporation is its Limited liability in that corporation.

Explanation:

Stocks are certificates of ownership. Then, any person that buy a stock for a corporation become an owner of the company. This means that this person has the right to a share of the company profit if there is some.
Limited liability it means that if a law sue is issued over the company the person that is a stockholder or owner does not have any liability but just the corporation.

7 0

3 years ago

Read 2 more answers

This year, Johnson Mills has annual revenue of $37,800, cost of goods sold of $23,200, and administrative expenses of $6,300. Th

malfutka [58]

Answer:

$3,857

Explanation:

From the above, we do know that;

Revenue - Expenses = Net income

But

Expenses = Revenue - Cost of goods sold - Admin expenses - Depreciation expenses

Also,

Net income tax = Income before taxes × ( 1 - tax rate)

Since we do not know Net income taxes,

Net income - Dividends = Change in retain earnings

Net income = $2,810 + $700

= $3,510

Income before taxes = $3,510 / 0.79

= $4,443

$37,800 - $23,200 - $6,300 - Depreciation expenses = $4,443

Therefore,

Depreciation expenses = $3,857

5 0

3 years ago

Comparable sales of duplexes in a market indicate a grm of 146. if the annual income of the subject is $24,000, what is the prop

WITCHER [35]

$3,504,000

Using GRM (Gross Rental Multiplier) to calculate value, simply multiply the estimated rental income by the GRM:

$24,000*146= $3,504,000

7 0

3 years ago