1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Mamont248 [21]
3 years ago
13

"An insured has an $80,000 dwelling policy with a $500 deductible. In addition to the house, the property includes a detached ga

rage, storage shed, and an artist's studio. During a thunderstorm, the garage and storage shed are damaged by lightning. The loss is $3,000 to the garage and $1,000 to the shed. What amount is covered by the policy?"
Business
1 answer:
NeTakaya3 years ago
5 0

Answer:

The amount that is needed to be covered by the policy is $3,500

Explanation:

Coverage B - Other kind of structures offer coverage for the real property which is to be located on the desired location and need to be separated from the dwelling through clear space.

Coverage A- upto 10%

So, in the situation, $8,000 is involved for other structures. Lightning is covered under the peril so that the policy will pay an amount of $3,500 (Which is $4,000 [$3,000 + $1,000] - $500)

You might be interested in
What does the free rider problem suggest might happen if the government stopped collecting taxes and relied on voluntary contrib
nadya68 [22]

Many public services would have to be eliminated

7 0
3 years ago
Read 2 more answers
Assume that a national restaurant firm called BBQ builds 10 new restaurants at a cost of $1 million per restaurant. It outfits e
Sergio039 [100]

Answer:

12,000,000; $6,000,000

Explanation:

the amount of economic investment from BBQ’s actions

BBQ builds 10 new restaurants at $1 million per restaurant

= $1 million × 10

= $10 million

equipment and furnishings = $200,000 for each restaurant

Total = $200,000 × 10 restaurants

$2 million

Total economic investment from BBQ’s actions = $10 million + $2 million

= $12 million

B. How much purely financial investment took place?

BBQ issues and sells 200,000 shares of stock at $30 per share

But the total

= 30% × $2 million

= $600000 for each restaurant

Total for the 10 restaurants will be

$600000 × 10

= $6,000,000

3 0
3 years ago
The EZ Construction Company is offered a ​$20 comma 000 contract to build a new deck for a house. The​ company's profit if they
Olin [163]

Answer:

The contract expected value is 3,540

Explanation:

we multiply each possible outcome by their probability of occur.

sink the piers into bedrock :   (600)  x 10% =      (60)

sink the piers normally:           4,000 x 90% = <u> 3,600 </u>

Net                                                                      3,540

It is important to always have all the probabilities add up to 100% in order to this method to work.

5 0
3 years ago
If D1 = $1.25, g (which is constant) = 4.7%, and P0 = $26.00, what is the stock's expected dividend yield for the coming year?
Andre45 [30]

Answer:

the expected dividend yield is 4.81%

Explanation:

The computation of the stock expected dividend yield is shown belo:

Stock expected dividend yield is

= Dividend ÷ Price

where,

Dividend is $1.25

And, the price is $26

Now place these values to the above formula

So, the expected dividend yield is

= $1.25 ÷ $26

= 4.81%

Hence the expected dividend yield is 4.81%

4 0
3 years ago
During Vincent van Gogh's lifetime he sold thousands of artworks. In fact, his brother Theo depended on him for financial suppor
mina [271]

Answer:

During Vincent van Gogh's lifetime he sold thousands of artworks. In fact, his brother Theo depended on him for financial support.

False

Explanation:

Vincent van Gogh was one of the most influential and prolific painters of western art. He was a dutch painter born on March 30, 1853 in Zundert, Netherlands. His skill in striking colors, brushwork and forms formed the foundation for modern expressionism. Vincent van Gogh was for the better part of his life not wealthy. After failing in his pursuits, he began taking painting seriously. In 1880, he discovered that he had a true passion for painting, and that he would dedicate the rest of his life as an artist. His major goal as an artist was to console the miserable in the society. “I want to give the wretched a brotherly message,” he mentioned to his bother Theo. Theo was Vincent's brother who an art dealer.

Most of Vincent's work although prolific gained momentum well after his death especially in the late twentieth century. The statement that he sold thousands of artworks during his lifetime and that Theo depended on him for financial support is false since he died penniless.

6 0
2 years ago
Other questions:
  • For Megan’s end-of-year performance appraisal, her supervisor solicited feedback from three of Megan’s coworkers, the manager of
    8·1 answer
  • A player denies an opponent an obvious goal-scoring opportunity within that player's own penalty area by a challenge involving e
    10·1 answer
  • 1. Identify various production processes and
    9·1 answer
  • On January 1, 2020, Pearl Company sold 11% bonds having a maturity value of $400,000 for $415,163, which provides the bondholder
    9·1 answer
  • Why​ wouldn't investors invest all of their money in software companies instead of in less profitable​ companies? (Focus on risk
    7·1 answer
  • Match each term with the correct definition.
    5·1 answer
  • How do most people learn about money?
    7·2 answers
  • PLEASE HELP ME!!!!
    14·1 answer
  • 1. One of the major changes resulting from managed care is the requirement of providers to assume accountability for: A. The tre
    10·1 answer
  • Suppose Johnson's Rubber Factory belches black smoke into the air over the city of Bellowsville. If the city of Bellowsville att
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!