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Likurg_2 [28]
3 years ago
9

True or false: you always want the lowest possible deductible because it means you will pay less out of pocket in case of a loss

.
Business
1 answer:
stiv31 [10]3 years ago
5 0
The correct answer is false.

The given statement is false, why? You cannot always want the lowest deductible since it may only be applied once something has happened that points out towards you, or in other words, it is your fault. An example of lowest deductible is when you get into a car accident and it was your fault, the total repair cost of the vehicle is at 1,400.00 dollars, your lowest deductible would be around 500 dollars, wherein you have to add it to the balance before your insurance company pays for the rest
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Joan Demers launched a professional services firm on March 1. The firm will prepare financial statements at each month-end. In M
adell [148]

Answer:

the net operating income is $19,000

Explanation:

The computation of the net operating income is shown below:

As we know that

Net Operating Income = Revenue - Costs

= $10,000 + $20,000 - $5,000 -$6,000

= $19,000

Hence, the net operating income is $19,000

we simply deduct the cost from the revenue so that the net operating income could come

4 0
3 years ago
The total value of all productive assets multinational enterprises own and control abroad through investment is known as the rel
Sladkaya [172]

Answer:

False

Explanation:

When <u>a multinational organization owns and controls productive assets in foreign countries through investment</u>, it is known as Foreign Direct Investment (FDI) and NOT relative efficiency of production.

FDI may be carried out through mergers and acquisitions, joint ventures and building facilities in other countries.

3 0
3 years ago
On January 1, you sold short one round lot (that is, 100 shares) of Lowe's stock at $25.00 per share. On March 1, a dividend of
Kitty [74]

Explanation:

The computations are shown below:

a. Proceeds from the short sale (net of commission)

= Number of shares × (Market selling price per share - commission per share)

= 100 × ($25 - $0.10)

= $2,490

b. The dividend payment is

= Number of shares × dividend paid per share

= 100 shares × $2.50

= $250

c. Total cost including commission is

= Number of shares × (Market purchase price per share + commission per share)

= 100 × ($16.20 + $0.10)

= $1,630

d. The net gain from your transaction is

= $2,490 - $1,630

= $860

6 0
3 years ago
With globalization, early outsourcing efforts were primarily confined to: Group of answer choices health care service activities
olganol [36]

Answer:

manufacturing activities

Explanation:

Manufacturing activities refers to the manufacturing, testing, processing, and  other kind of  activities

Here the required things to be undertaken by its supplier so that it can manufactured and supply to the client

SO as per the given situation, the early outsourcing efforts should be confined to the manufacturing activities  

4 0
2 years ago
Depreciation of noncurrent operating assets is an accounting process for the purpose of:________.
kozerog [31]

Depreciation of noncurrent operating assets is an accounting process for the purpose of allocating asset costs over the periods benefited by use of the assets.

Depreciation refers to an expense for a business to use non-current asset in order to generate economic benefits. Here the purpose of depreciation is to have balance sheet report the current value of an asset.

An accounting method used to allocate the cost of a tangible or physical asset over its useful life is known as depreciation. Companies usually take depreciation regularly so they can move their asset costs from their balance sheets to their income statements.

Hence, depreciation of noncurrent operating assets are benefited by use of the assets.

To learn more about depreciation here:

brainly.com/question/15024945

#SPJ4

5 0
2 years ago
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