2 years ago

For business and personal finance: What is insurance?

1 answer:

5 0

Answer:

Insurance is the procedure by which persons or companies exposed to a specific risk agree with an institution specializing in compensation for damage that the institution will indemnify the damage caused when the risk materializes. The resulting contract is called insurance.

From a commercial point of view, insurance can be defined as the means by which the cost of incidental damage can be converted evenly into a continuous annual cost on an annual basis.

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Garcia Company issues 11.5%, 15-year bonds with a par value of $450,000 and semiannual interest payments. On the issue date, the

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Answer:

Journal Entry

Date Account Titles and Explanation Debit Credit

Jan 1 Cash $511,875

Bond payable $450,000

Premium on bond payable $61,875

($450,000*13.75%)

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Deere company holds a $10,000 note receivable dated july 1, 2015, with 10% interest. what adjusting entry is needed on decemb

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<span>b. debit interest receivable for $500 and credit interest revenue for $500
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You are choosing between these four investments and you want to be 95% certain that you do not lose more than 8.00 % on your in

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Answer:

Corporate Bonds and T-Bills will have return above 8%

Explanation:

given data

investments = 4

investment = 8 %

solution

first of all we get 95% confidence interval that is as

and here investment returns and standard deviation are attach so

95% confidence interval = Return - 2 × SD to Return + 2 × SD ................a

so here

we can see here as per table attach

here only Corporate Bonds and T-Bills will have return above 8%

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2 years ago

Which statements describe a Treble Clef correctly? Pick Two

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Answer: c and a

Explanation:

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2 years ago

Explain in detail the various of cottage industry.

almond37 [142]

Answer:

A cottage industry is a small-scale, decentralized manufacturing business often operated out of a home rather than a purpose-built facility. Cottage industries are defined by the amount of investment required to start, as well as the number of people employed.

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