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2 years ago

all of the following people would be considered insureds under the liability section of a homeowners policy except

1 answer:

6 0

All of the following are considered to be insured in the homeowners policy except Persons under age 21 who are residents of the household.

<h3>What is the homeowners policy?</h3>

This is the term that is used in insurance to refer to the people that would be insured under a policy of the United States tat covers the insurance for the people that live in a home that has suffered any forms of damage to the home.

<h3>Who is insured in the homeowners policy?</h3>

The people that are insured in this type of policy would be all the persons that are living in the home. The people that are under the age of 21 and those that are relatives would be covered under the home insurance.

Hence we would say that All of the following are considered to be insured in the homeowners policy except Persons under age 21 who are residents of the household.

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Although the unemployment rate is the single best indicator of how well the labor market is working, we discussed in class that

shepuryov [24]

The unemployment rate is not considered to be a complete measure because it does not count discouraged workers.

<h3>How is the unemployment rate calculated?</h3>

The unemployment rate includes only people who are still actively searching for work and they have to be in the labor force.

People who have looked for jobs for a while and then got discouraged and given up, are not counted as unemployed which therefore depresses the unemployment rate.

Find out more on the unemployment rate at brainly.com/question/13280244.

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5 0

2 years ago

Concord Company sells merchandise on account for $3300 to Pharoah Company with credit terms of 1/10, n/30. Pharoah Company retur

Oksi-84 [34.3K]

Answer:

Dr Cash $825

Cr Sales Returns and Allowances $800

Cr Sales Discounts $25

Explanation:

Preparation of the journal entry that Concord Company make upon receipt of the check

Dr Cash $825

($800+$25)

Cr Sales Returns and Allowances $800

Cr Sales Discounts $25

(To record receipt of the check)

Sales discount=(Sales Price -Sales return) × 1%

Sales discount=($3300 - $800) × 1% = $25

5 0

3 years ago

Newton, Inc. just paid an annual dividend of $0.95. Their dividends are expected to increase by 4% annually. Newton Company stoc

Eduardwww [97]

Answer:

The required rate of return is 12.2%

Explanation:

Dividend growth model is used to calculate the price of the stock based on the dividend, its growth and required rate of return.

Formula to calculate the price

Price = Dividend / ( Required rate of return - Growth rate )

P = D / ( r - g)

P = $11.54

D = $0.95

g = 4%

Now placing the given values in the formula

$11.54 = $0.95 / ( r - 4% )

r - 4% = $0.95 / $11.54

r - 4% = 8.2%

r = 8.2% + 4%

r = 12.2%

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4 years ago

The interest rate the fed charges on loans it makes to banks is called

Oksana_A [137]

The discount rate is the interest rate charged to commercial banks and other depository institutions on loans they receive from their regional Federal Reserve Bank's lending facility--the discount window.

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3 years ago

True or false: If the steps in a step-variable cost behavior pattern are large, the step-variable cost function may be approxima

Hitman42 [59]

The statement in the question is : FALSE

<h3>What is a step-variable cost ?</h3>

A step variable cost is a type of cost that varies with the level of activity, but is incurred at discrete points and it involves large changes. Hence If the steps in a step-variable cost behavior pattern are large, the step variable cost function cannot be approximated by a variable cost function without loss in accuracy because the variable cost behavior pattern is directly proportional to the variable cost function.

Hence we can conclude that The statement in the question is : FALSE

Learn more about step-variable cost : brainly.com/question/17061986

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6 0

2 years ago