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Tom [10]
3 years ago
13

Brea is looking for an insurance policy for her car. Her friend, Justin, who is an attorney, just told her that the policy is a

contract and has some unique characteristics. Which of the following terms applies to the insurance contract?
1. Unilateral.
2. Aleatory.
3. Adhesive.

Statements 1 and 2.
Statement 2 only.
Statements 2 and 3.
Statements 1, 2 and 3.
Business
1 answer:
Tatiana [17]3 years ago
3 0

Answer:

answer is b

Explanation:

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The Fashion Shoe Company operates a chain of women’s shoe shops that carry many styles of shoes that are all sold at the same pr
Stella [2.4K]

Shop 48's new break-even point in unit sales is 14,000 units and dollar sales is $420,000.

<h3>Break even point in units and sales</h3>

Break even point in units sales

Break even point= Fixed cost /Contribution per units

Break even point=$210,000/ ($30-15)

Break even point=$210,000/ $15

Break even point=14,000 units

Break even point in dollar sales:

Break even point in dollar sales =14,000 ×$30

Break even point in dollar sales=$420,000

Therefore Shop 48's new break-even point in unit sales is 14,000 units and dollar sales is $420,000.

Learn more about break even point in units and sales here:brainly.com/question/15281855

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5 0
2 years ago
Bauer Software's current balance sheet shows total common equity of $5,125,000. The company has 530,000 shares of stock outstand
Mumz [18]

Answer:

The difference is $9,450,000

Explanation:

Market Value of Share = $27.50 x 530,000

                                     =$14,575,000

Book Value  = $5,125,000.

Difference    = $14,575,000- $5,125,000.

                   =$9,450,000

The market value is greater than book value by $9,450,000

5 0
3 years ago
What is cost Price formulas​
gavmur [86]

Answer:

Cost price formula = Cost + Profit

Explanation:

The Cost price formulas count two factors the gives price of product and services. The cost price formula has two factors cost of product and profit percentage that seller want to generate from specific product or services.

5 0
4 years ago
Justin’s plan doesn’t cover his costs completely. What are his options for covering the rest of his costs? Select all that apply
spin [16.1K]

Available Options:

He could try to save more money.

He could get a student loan for the extra amount he

needs.

TO He could apply for a scholarship

He could ask his friends to loan him money.

He could ask his family to contribute.

Answer:

All of the above    

Explanation:

The best option is to be self reliant which means that Justin must apply for scholarships, save money now and during the program execution and if still there are any expenses due then he can ask his family to contribute to meet his exense and still if there are unpaid expenses then he can borrow from his friends if he thinks that he can repay the loan to his friends in the mutually agreed time. If Justin can not pay its amount borrowed then he must consider long term loan option to fund his studies.

The order of finance is given as under:

  1. Save Money
  2. Scholarship
  3. Ask his Family
  4. Loan from Friend
  5. Long term Loan
5 0
3 years ago
Read 2 more answers
The ledger of Mai Company includes the following accounts with normal balances: D. Mai, Capital $9,000; D. Mai, Withdrawals $800
oksian1 [2.3K]

Answer: See explanation

Explanation:

The necessary closing entries from the available information at December 31 will be calculated thus:

1. Dec 31

Dr Services Revenue $13000

Cr Income Summary $13000

2. Dec 31

Dr Income Summary $10000

Cr Wages expense $8400

Cr Rent expense $1600

3. Dec 31

Dr Income Summary = $13000 - $10000 = $3000

Cr D. Mai, Capital $3000

4. Dec 31

Dr D. Mai, Capital $800

Cr D. Mai, Withdrawals $800

8 0
3 years ago
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