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stich3 [128]
4 years ago
11

Cheyenne has a home insured for $160,000. It would cost $180,000 to rebuild her home. If she has home insurance that provides pe

rsonal property coverage at 70% of value, how much of her household belongings would be covered?
Business
1 answer:
mestny [16]4 years ago
4 0

Answer:

The correct answer is $112,000.

Explanation:

According to the scenario, the given data are as follows:

Home insured = $160,000

Cost to rebuild = $180,000

Personal property coverage = 70%

So, we can calculate the amount of coverage by using following formula:

Amount of coverage = Home insured × Personal property coverage

By putting the value, we get

Amount of coverage = $160,000 × 70%

= $112,000

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Among Hispanic Americans and Asian Americans, the amount of assimilation may vary significantly, depending on newness of immigra
Ivenika [448]

Answer:

The correct answer is A. True.

Explanation:

The process of ethnic assimilation refers to the degree of integration of a minority group versus a majority group. In the exposed case, a series of variables with direct incidence within this process are shown, taking into account that Hispanic Americans and Asian Americans have a totally different series of customs, which means that this process is a little longer considering that there are language and generational barriers that also lead to assimilation being variable depending on the study group.

8 0
3 years ago
Today's US banking system ensures that if everybody who has money on deposit in the banks
zheka24 [161]

Answer:

False

Explanation:

Not all depositors will get their cash. The FED, which is the body that regulates commercial banks, requires the banks to keep only a small percentage of customers deposits in their custody. The percentage maintained in the banks is known as the reserve.  The percentage of the reserves requirement varies with time.

If all depositors decide to withdraw at once, they can not get their money as only the reserve amount will be available in the banks. Commercial banks usually lend out the rest of the customers' deposits to make profits.

6 0
3 years ago
The price a firm charges for a good or service is typically less than the value placed on that good or service by the customer.
Sidana [21]

The price a firm charges for a good or service is typically less than the value placed on that good or service by the customer. This is because the customer captures some of that value in the form of what economists call a consumer surplus.

Purchaser surplus measures the gain to buyers from participating in a marketplace. Its miles are measured as the quantity a consumer is willing to pay for an amazing minus the quantity a customer without a doubt can pay for it.

If markets were now not aggressive, the purchaser surplus would be less and there would be more inequality. A lower customer surplus results in better producer surplus and extra inequality. Client surplus allows consumers to purchase a much wider preference of goods.

The customer surplus refers back to the difference between what a consumer is inclined to pay and what they paid for a product. The manufacturer surplus is the difference between the marketplace rate and the bottom fee a manufacturer is willing to just accept to supply an awesome.

Learn more about consumer surplus here brainly.com/question/380921

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5 0
2 years ago
Use the following information to determine the break-even point in sales dollars: Unit sales 50,000 Units Dollar sales $ 500,000
Keith_Richards [23]

Answer:

The correct answer is B.

Explanation:

Giving the following information:

Unit sales 50,000

Units Dollar sales $ 500,000

Fixed costs $ 204,000

Variable costs $ 187,500

First, we need to calculate the unitary selling price and variable cost:

Unitary Selling price= 500,000/50,000= $10

Unitary variable cost= 187,500/50,000= $3.75

Break-even point (dollars)= fixed costs/ contribution margin ratio

Break-even point (dollars)= 204,000/ [(10 - 3.75)/10]= $326,400

6 0
3 years ago
Is it normal for a recruiter to ask the salary expectations in the first interview? If the salary monthly is beyond how much the
Gennadij [26K]

i think the answer is supposed to be "open"

3 0
2 years ago
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