Answer:
The correct answer is letter "D": Insurance companies will only cover losses suffered while the policy is already in place.
Explanation:
Regardless of the type of insurance you purchase, the purpose of the coverage is having a policy in case an unexpected unfortunate event takes place. <em>Insurances do not enroll individuals who need the policy just because of an ongoing accident</em>. Those individuals could enroll in an insurance plan but the ongoing accident will not be covered by the company. Only those events happening when the policy is already valid are subject to evaluation for coverage.
Answer: flow
Explanation:
Foreign direct investment flows records the value of foreign transaction with investment carried out at a particular period of time, probably quarterly, annually.
This flow consists of reinvestment earnings, equity transactions, and company debt transaction.
Inward and outward flows are also been taken into consideration, how foreign investments/transaction are noted in and out of the organization.
abc should reports the liability on the balance sheet as a: $1 million current liability and a $4 million long-term liability.
<h3>Liability</h3>
The liability will appear in the balance sheet as:
Current liability (Payable)= $1 million
Long term liability=$5 million-$1 million
Long term liability=$4 million
Therefore abc should reports the liability on the balance sheet as a: $1 million current liability and a $4 million long-term liability.
Learn more about liability here:brainly.com/question/24534918
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Answer: $900
Explanation:
The Total Capital of the company before Zell was admitted was;
= Capital balances + Goodwill
= 600 + 800 + 700
= $2,100
If they admitted Zell in with a 30% interest, this means that the $2,100 is equivalent to 70% of the company's capital.
If that is the case then Total capital is;
= 2,100/ 70%
= $3,000
Zell's contribution is;
= 30% * 3,000
= $900
Answer:
5.5 units
Explanation:
Period Actual Forecast Absolute deviation
1 16 20 4
2 28 16 12
3 20 20 0
4 24 30 6
Total 22
Mean absolute deviation(MAD) = Sum of absolute deviation / Number of periods
Mean absolute deviation(MAD) = 22 / 4
Mean absolute deviation(MAD) = 5.5 units