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Inga [223]
3 years ago
10

Making any misleading representations or incomplete or fraudulent comparison of any insurance policies or insurers for the purpo

se of inducing, or tending to induce, any person to lapse, forfeit, surrender, terminate, retain, or convert any insurance policy, or to take out a policy of insurance in another insurer is called
Business
1 answer:
pav-90 [236]3 years ago
3 0

Answer:

"twisting"

Explanation:

Based on the scenario being described within the question it can be said that the act that is being described in this statement is known as "twisting". Like mentioned in the question this is the act of when an insurance agent replaces an already existing policy with a different one using misleading representation or tactics. This act is illegal in almost all of the states within the United States of America.

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At the beginning of a semester, a group of five students (Marcus, Gerard, Penelope, Zendaya, and Duane) are asked to order a sna
LenKa [72]

Answer:

THIS IS LONG

Explanation:

it is a long question

3 0
3 years ago
Read 2 more answers
Pamprosesong tanong
emmasim [6.3K]

Answer:

can someone plz translate this

Explanation:

so I can answer it then translate my answer to their language?

3 0
2 years ago
On February 1, 2021, Arrow Construction Company entered into a three-year construction contract to build a bridge for a price of
leva [86]

Answer:

1.                  2021 2022 2023

revenue       2912973 3399745       2197282

costs        2170000 2670000      3970000

gross profit        742973 729745       -1772718

2a. Debit Contract account 2912973, Credit revenue 2912973

Debit Bridge in progress 2170000 credit various accounts 2170000

Debit Accounts Receivable 2670000, Billing on CIP  2670000

Debit Bank  2420000, credit Accounts receivables 2420000

2b. Debit Contract account 3399745, Credit Revenue 3399745

debit work in progress 2670000, credit Various accounts

debit Accounts receivables 2920000, Billing on CIP 2920000

Debit bank 2645000, credit accounts receivables 2645000

3a. BALANCE SHEET 2021

current assets

accounts receivables         250000

Liabilities

billing                                  2670000

3b. current Assets  

Accounts receivables        275000

Liabilities

Billing                                2920000            

Explanation:

percentage of completion = cost incurred for start to date/ total estimated costs

percentation of completion  

2021 2022 2023

34.23% 74.18% 100

Revenue to be recognised = total revenue * percentage completed

current period revenue = revenue to be recognise - prior revenue

4 0
3 years ago
At December 31, Meyer Company had 500,000 shares of common stock issued and outstanding, 400,000 of which had been issued and ou
kicyunya [14]

Answer:

$1.2

Explanation:

The computation of earning per common share is shown below:

Earning per share = (Net income) ÷ (Number of shares)

where,

Net income = $510,000

And, the number of shares = $400,000 + $100,000 × (3 months ÷ 12 months)

= $400,000 + $25,000

= $425,000

The 3 months is calculated from October 1 to December 31

Now put these values to the above formula  

So, the value would equal to

= $510,000 ÷ $425,000

= $1.2

6 0
3 years ago
Duncan foods orders 500 cans of crushed tomatoes every month to be consistent with recommendations made by the EOQ model. If the
Pie

Answer:

$125

Explanation:

average inventory = 500 / 2 = 250

annual holding costs = 250 x $0.50 = $125

also, if you want to determine the order cost:

EOQ = √[(2 x S x D) / H]

EOQ = 500

H = annual inventory holding cost per unit = $0.50

D = annual demand = 500 x 12 = 6,000

500 = √[(2 x S x 6,000) / 0.50]

500² = 12,000S / 0.50

250,000 x 0.5 = 12,000S

125,000 = 12,000S

S = 125,000 / 12,000 = $10.417 ≈ $10.42

annual ordering costs = $10.42 x 12 = $125.04

7 0
3 years ago
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