1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Hoochie [10]
3 years ago
13

Alice is trying to save money, so she decides she’ll only buy renters insurance if and when something bad happens at her apartme

nt. Why won’t her strategy work?
Renters insurance only provides coverage for dorms, not apartments.


Insurance companies will only cover damages to her apartment if she pays triple the premium for the first month.


Alice will only be able to recover costs of furniture if she buys renters insurance after something bad happens at her apartment.


Insurance companies will only cover losses suffered while the policy is already in place.
Business
1 answer:
ahrayia [7]3 years ago
7 0

Answer:

The correct answer is letter "D": Insurance companies will only cover losses suffered while the policy is already in place.

Explanation:

Regardless of the type of insurance you purchase, the purpose of the coverage is having a policy in case an unexpected unfortunate event takes place. <em>Insurances do not enroll individuals who need the policy just because of an ongoing accident</em>. Those individuals could enroll in an insurance plan but the ongoing accident will not be covered by the company. Only those events happening when the policy is already valid are subject to evaluation for coverage.

You might be interested in
Green Corporation has current earnings and profits of $100,000 and negative accumulated earnings and profits of ($200,000). A $5
Sphinxa [80]

Answer:

False

Explanation:

Green's distribution of $50,000 in to its sole shareholder at the end of the year should be treated as a dividend because Green's total earnings and profits for the year were $100,000.

A distribution from a corporation to a shareholder  can only be treated as a dividend when the corporation made a profit during the current year, or has positive accumulated earnings and profits.

5 0
3 years ago
Suppose that the market price for a bottle of vitamins is $2.50 and that at that price the total market quantity demanded is 75,
tatiyna

Answer:

there will be 187, 500, 000 firms in the industry.

Explanation:

just multiply 2.50 with 75, 000,000 and get the answer.

6 0
3 years ago
Read 2 more answers
How gross profit or loss is computed​
Nutka1998 [239]

Answer:

Take your gross sales revenue for the accounting period and subtract discounts, allowances and returns. This gives you net sales. Subtract the cost of goods sold from net sales and you get gross profit. In some cases, this might be a gross loss

5 0
3 years ago
On January 1, Year 1, Friedman Company purchased a truck that cost $33,000. The truck had an expected useful life of 100,000 mil
Rainbow [258]

Answer:

Depreciation expense-Year 2 = $8840

Explanation:

It is important to note that the depreciation is based on the units-of-production method and in case of the truck, we take 100000 miles as its useful life or total units of production.

The depreciable value of the truck is Cost - salvage value,

Depreciable Value = 33000 - 7000 = 26000

The depreciation for year 2 based on units-of-production is,

Depreciation expense for year 2 = 26000 * 34000/100000 = $8840

7 0
3 years ago
Read 2 more answers
Suppose Country A and Country B each have the same real Gross Domestic Product (GDP), equal to $440 billion. Country A has 100 m
Gennadij [26K]

Answer:

1. higher in Country A

Explanation:

Given: Gross domestic product (GDP)= $440 billion.

           Country A has 100 million people.

           Country B has 175 million people.

Real Gross Domestic Product (GDP): It is defined as the entire output produced annually that includes factors such as inflation and is adjusted for price changes.

Per capita real Gross Domestic Product (GDP): It gives the annual salary for the country and shows the quality of living.

Now calculating per capita real Gross Domestic Product (GDP) for both the countries.

Formula; Per capita GDP= \frac{GDP}{Population}

<u>Country A</u>

⇒ Per capita GDP= \frac{440\ billion}{100\ million}

We know one billion= 1000 million.

⇒ Per capita GDP= \frac{440\times 1000}{100}

∴ Per capita GDP= \$4400\ million

<u>Country B</u>

⇒ Per capita GDP= \frac{440\times 1000}{175}

∴ Per capita GDP= \$ 2514.28 \ million

Hence, comparing both Per capita GDP of country A and B will get Country A have higher per capita GDP.

8 0
3 years ago
Other questions:
  • The competitive moves and business approaches a company's management uses to grow the business, attract and please customers, co
    7·1 answer
  • Suppose that on January 6, 2018, Excel Motors paid $240,000,000 for its 45% investment in Dynamic Motors. Excel has significant
    15·1 answer
  • Jay stops at the shopping mall to purchase a new pair of jeans from the diesel store. he is the ultimate consumer in a pipeline
    9·1 answer
  • A manufacturing company producing medical devices reported $59 million in sales over the last year. At the end of the same year,
    15·1 answer
  • Primary liability is .
    8·1 answer
  • PLEASE ANSWER IM FAILING!
    14·2 answers
  • Which step in the product development process involves announcing a new
    11·1 answer
  • Explain briefly why manufacturing offers so many careers in such varied fields.
    11·2 answers
  • b. Prepare the adjusting entry to record Bad Debts Expense using the estimate from part a. Assume the unadjusted balance in the
    8·1 answer
  • Firm A is a profit-maximizing firm with a monopoly in the production of Good X. The firm sells its good for $10 each. We can con
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!