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kykrilka [37]
3 years ago
15

Which of the following types of mortgages is unlikely to be held by a life insurance company? a. one to four family b. farm rela

ted c. commercial d. multifamily e. All of these choices are likely to be held by a life insurance company.
Business
1 answer:
Zepler [3.9K]3 years ago
4 0

<em>Answer</em>:

<u>b. farm related</u>

Explanation:

<em>Remember</em>, a Life insurance company provides a certain level of compensation in the event of loss to subscribers of it's policy, it is focused on premiums that cover persons (not farm related losses).

If it involves farm related insurance then it is not the focus area of the life insurance company.

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Louis has invested $1,000 in the stock market. At the end of one year, there is a 30% chance that his stock will be worth only $
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The answer is C 1,080
5 0
3 years ago
As the manager of Margarita Mexican​ Restaurant, you must deal with a variety of business transactions. Provide an explanation f
Shalnov [3]

Answer:

A. Debit Equipment and credit Cash.

  • You purchase equipment and you pay in cash.

B. Debit Dividends and credit Cash.

  • You paid cash dividends.

C. Debit Wages Payable and credit Cash.

  • You paid wages that you owed to your employees. Generally wages are paid at the end of the week and not all months end on a weekend. So you must record wages payable until you actually pay the wages.

D. Debit Equipment and credit Common Stock.

  • You received equipment in exchange for common stock.

E. Debit Cash and credit Unearned Revenue.

  • You received cash in advance for some food that you will deliver in the future.

F. Debit Advertising Expense and credit Cash.

  • You incurred in advertising costs and you paid them in cash.

G. Debit Cash and credit Service Revenue.

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7 0
3 years ago
Which of the following financial statements is prepared as of a specific date? Group of answer choices Balance sheet. Income sta
musickatia [10]

Answer:

Balance sheet.

Explanation:

Options B, C, D are wrong because income statement, retained earnings statement, and statement of cash flows is prepared for a specific period. For example, an accounting year or a fiscal year. As a company is operating throughout the year, it can generate income, expenses, and dividends.

On the other hand, assets and liabilities are valued on a specific date. Therefore, option A (balance sheet) is correct.

7 0
3 years ago
Which of the following countries contributes the least amount of aid to foreign countries and multinational organizations based
katrin [286]

The country that contributes the least amount of aid to foreign nations and multinational organizations based on its GNI is the B. United States.

<h3>How much aid does the U.S. contribute?</h3>

The U.S. is perhaps the largest donor to international organizations and foreign nations with billions going to other nations annually.

The percentage that is given as aid is however a small amount of U.S. national income thanks to the staggering amount earned by Americans in a year.

Options for this question include:

A. United Kingdom

B. United States

C. Germany

Find out more on aid to foreign nations at brainly.com/question/769309

#SPJ1

4 0
2 years ago
Policy and standards often change as a result of business drivers. One such driver, known as ___________________, occurs when bu
serg [7]

Answer:

Business exceptions

Explanation:

Policy and standards often change as a result of business drivers. One such driver, known as business exceptions, occurs when business shifts and new systems or processes are incorporated.

3 0
3 years ago
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