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Firdavs [7]
3 years ago
14

5 An insured’s house is damaged by a fire and is uninhabitable. As a result, the insured has to rent an apartment until repairs

are made. A dwelling insurance policy will pay for the expense of renting the apartment. Which type of broad or special form coverage does the insured have?
Business
1 answer:
Nata [24]3 years ago
4 0

Answer:

Coverage E - Additional Living Expense

Explanation:

Based on the scenario being described within the question it can be said that this individual has a Coverage E - Additional Living Expense. This is an insurance coverage that covers the home-owner with compensation when they they are not able to live in their house due to an loss or a claim which is insured. Such as damage due to fire, like in this scenario which made the house uninhabitable.

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after the federal reserve buys bonds, the interest rate changes and aggregate expenditures change, the following will most likel
PIT_PIT [208]

The next thing to occur would be B. the price level in the economy will rise and the money demand will decrease

<h3>What is Interest Rate? </h3>

This refers to the amount of money that is added to be paid back on the settlement of a loan.

Hence, we can see that after the federal reserve buys bonds, the interest rate changes and aggregate expenditures change, thus will cause the price level in the economy will rise and the money demand will decrease

Read more about bonds here:

brainly.com/question/25965295

#SPJ11

6 0
2 years ago
Fitness Fanatics is a regional chain of health clubs. The managers of the clubs, who have authority to make investments as neede
pantera1 [17]

Answer:

34.04%

Explanation:

Data provided :

Total sales of the Springfield Club = $ 920,000

The net operating income of the company = $ 34,040

The average operating assets of the company = $ 100,000

now,

The return on investment will be calculated as:

Return on investment (ROI)= \frac{\textup{Net operating income}}{\textup{Average operating assets}}

on substituting the values, we get

ROI = \frac{\$\ 34,040}{\$\ 100,000}

or

ROI = 34.04%

3 0
3 years ago
Goldfarb Company manufactures and sells toasters. Each toaster sells for $24.15 and the variable cost per unit is $16.30. Goldfa
guajiro [1.7K]

Answer:

$7.85

Explanation:

Provided that

Selling price per unit = $24.15

Variable cost per unit = $16.30

Total fixed cost = $25,400

Budgeted sales 8,400 units

The formula to compute the contribution margin per unit is as follows

Contribution margin per unit = Selling price per unit - Variable expense per unit

= $24.15 - $16.30

= $7.85

By deducting the variable cost per unit from the selling price per unit we can find out the contribution margin per unit

3 0
3 years ago
As the dominant member of the channel of distribution, Coca-Cola holds a lot of power in the relationship with independent groce
irakobra [83]

Answer:

System of Administered vertical marketing

Explanation:

Vertical marketing system is the system of cooperation among the several levels of the distributed channel. In this system, the members work together in order to promote the efficiency as well as economies of scale in the direction products are promoted to the end users.

Administered Vertical Marketing System is the one of the kind of vertical marketing system, which is a system that is coordinated among the distribution channel organisation, in that the flow of products from producer to the customer is controlled through size and power of one member of the system.

So, in this case, dominant member has the power of controlling the store. Therefore, it states the example of administered vertical marketing system.

6 0
3 years ago
CPAs become involved in a variety of types of engagements. For each of the following statements, indicate whether it relates to
Nookie1986 [14]

Answer:

a. Examination

b. Review

c. Agreed upon procedures

d. Examination

e. Reviews

f. None

g. Reviews

h. Agreed upon procedures

i. Examination

j. None

Explanation:

Examinations are meant to provide higher level of assurance in audits, in order to provide detailed view and opinion on the audit area.

Reviews are meant to provide the certificate of approval that financial reporting framework is followed or not, or whether their is no material change in the financial statements etc:

Under agreed upon procedures the CPA is to report on some specific areas agreed with the management to report upon rather than complete financial statements.

Remaining explanation:

In f. absolute assurance can never be provided as even in examination there are certain limitations which are inherent in the procedure.

In j the statement provides no independence which is not available condition in any engagement.

3 0
3 years ago
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