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3 years ago

What happens to agency when a property is destroyed through a storm, earthquake or fire?

Business

1 answer:

Bad White [126]3 years ago

5 0

Answer:

correct option is b. The agency is terminated

Explanation:

solution

As we know that some natural disaster like earthquake and storm etc are very dangerous for our home

they will likely destroy our home and our life

so it is very serious matter so every agency must build structure which can resist from any disaster like fir, storm or earthquake etc

and if any structure fail by these disaster then very first agency will be terminated

so here correct option is b. The agency is terminated

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The organization charged with protecting investors and the public by requiring full disclosure f financial information by compan

Olin [163]

Answer:

The organization charged with protecting investors and the public by requiring full disclosure f financial information by companies offering securities to the public is the:_______

d. Securities and Exchange Commission.

Explanation:

The SEC (Securities and Exchange Commission) is an organization that has continued to discharge three main responsibilities with regards to the securities market. It has protected investors' investments in the capital market, maintained fair, orderly, and efficient capital markets, and facilitated capital formation. It regulates investments and the exchange of securities. It restores confidence in the capital market. It also provides transparency into the financial workings of U.S. companies.

5 0

3 years ago

Which of the following is not an advantage of the corporate form of business organization?

RoseWind [281]

Answer:

Easy to transfer ownership.

Explanation:

its ownership is easily transferable via the sale of shares of stock.

3 0

3 years ago

Mauro Products distributes a single product, a woven basket whose selling price is $21 per unit and whose variable expense is $1

Grace [21]

Answer:

1. Break even points in units will be = 2,700 units

2. Break-even point in dollar sales = $56,700

3. In case fixed expense increase by $600 then Break even point in unit sales = 2,900 units

Explanation:

Break even point = $\frac{Fixed Cost}{Contribution per unit}$

Fixed Cost = $8,100

Contribution per unit = Sale Price - Variable Cost = $21 - $18 = $3

1. Break even points in units will be

= $\frac{8,100}{3} = 2,700 units.$

2. Break-even point in dollar sales

= Break even point in units X Sale price per unit

= 2,700 units X $21 = $56,700

3. In case fixed expense increase by $600 then Break even point in unit sales

= $\frac{8,100 + 600}{3}$ = 2,900 units

Final Answer

1. Break even points in units will be = 2,700 units

2. Break-even point in dollar sales = $56,700

3. In case fixed expense increase by $600 then Break even point in unit sales = 2,900 units

3 0

4 years ago

Which of the following expenditures should be recorded as an asset? Multiple Choice Maintenance that maintain current benefits.

gulaghasi [49]

Answer:

The correct answer is letter "B": An addition which increases future benefit.

Explanation:

An asset is a resource of economic value. Individuals, companies, and countries expect their own assets to generate economic benefits both now and in the future. Assets may be tangible, such as machinery and land or intangible, including products such as a trademark, a mechanical formula or property rights.

The accounting term addition <em>refers to the subsequent acquisition of a plant, property, or equipment. Therefore, they are to be considered as assets at the moment of recording them.</em>

6 0

4 years ago

Any establishment formed to carry on commercial enterprises is a

alexandr1967 [171]

Answer:

business

Explanation:

A business organization is any organization established to carry on a commercial enterprise. Their main and ultimate goal, and reason for their existence is to make a profit. The larger the profit a business makes, the better. Businesses are classified into:

Sole proprietorships
Partnerships
Corporations

3 0

3 years ago

Read 2 more answers