All categories

3 years ago

What is the amount of money that the policy holder must pay before the insurance company will reimburse an insured loss?

Business

2 answers:

oksano4ka [1.4K]3 years ago

5 0

the answer to your question is deductible

bija089 [108]3 years ago

3 0

The policy holder must pay deductible.

You might be interested in

Sheffield Corp. is planning to sell 1070 boxes of ceramic tile, with production estimated at 800 boxes during May. Each box of t

Zarrin [17]

Answer:

Results are below.

Explanation:

Giving the following information:

Production= 800 boxes

Each box of tile requires 0.50 hours of direct labor.

Employees of the company are paid $17 per hour.

First, we need to determine the number of hours required:

Number of hours= 800*0.5= 400 hours

Now, the total direct labor cost:

Direct labor cost= 400*17= $6,800

5 0

2 years ago

The resources that contribute to the creation of wealth are known as ______.

vodka [1.7K]

production coefficients.

factors of production.

production technologies.

production aggregates.

7 0

2 years ago

Read 2 more answers

Cash flows of two mutually exclusive projects are as follows. Project A costs $80,000 initially and will have a $15,000 salvage

son4ous [18]

Answer:

C. The present worth of project A is -$143,252.17

Explanation:

Present worth can be calculated using a financial calculator

For method A ,

Cash flow in year 0 = $80,000

Cash flow in year 1 and 2 = $30,000

Cash flow in year 3 = $30,000 - $15,000 = $15,000

I = 10%

Present worth= $ 143,335.84

For method B,

Cash flow in year 0 = $120,000

Cash flow in year 1 and 2 = $8, 000

Cash flow in year 3 = $8,000 - $40,000 = $-32,000

I = 10%

Present worth = $130,157.78

Method b would is chosen because it worth less.

To find the present worth using a financial calacutor:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

4 0

2 years ago

Legacy issues $570,000 of 8.5%, four-year bonds dated January 1, 2019, that pay interest semiannually on June 30 and December 31

Doss [256]

Answer:

journal entry based on straight line method are given below

Explanation:

given data

issues = $570,000

rate = 8.5 %

time = 4 year

issued = $508,050

market rate = 12%

to find out

prepare journal entry

solution

journal entry based on straight line method

date general journal Debit Credit

June 30 bond interest expenses $31969

Discount on Bonds payable $7744

= (570000-508050 ) ÷ 8

Cash = 570000 × 8.5% ÷ 2 $24225

December 31 Bond interest expense $31969

Discount on Bonds payable $7744

= (570000-508050 ) ÷ 8

Cash = 570000 × 8.5% ÷ 2 $24225

5 0

2 years ago

A stock is

arsen [322]

Answer:

A share of ownership in a company.

Explanation:

A stock represents ownership of a company. The total value of an organization is subdivided into small units called stock, shares, or equity. Each stock or share is a small portion of the organization. Holders or owners of the shares are the owners of the company. They are known as shareholders or stockholders.

Shareholders acquire their shares or equity by either being the founders of the business or by purchasing them. When a business is being formed, the founders contribute capital, which converts to shares. The business may opt to sell more shares to the public through IPO when they need to raise additional capital.

7 0

3 years ago