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3 years ago

Which of the following items below would be covered by a standard renters insurance policy?

Business

1 answer:

hjlf3 years ago

5 0

Answer:

The correct answer is letter "A": Your TV if it gets stolen or damaged in a burglary.

Explanation:

Renter's Insurance Policies offer individuals coverage on property damages for three specific situations: <em>loss of personal possession, liability, </em>and <em>Additional Living Expenses</em> (ALE). In front of burglary, the loss of personal possession coverage could provide the individual affected an amount to cover all the losses but the problem relies on what was lost. Thus, it is important to list the belongings possessed such as appliances, furniture or jewelry which were likely to be the most expensive items.

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Selected Balance Sheet Information

goldenfox [79]

Answer:

$47,000

Explanation:

Computation for the net cash flows from operating activities using the indirect method.

CASH FLOWS FROM OPERATING ACTIVITIES:

Net income $28,000

Adjustments to reconcile net income to

Net cash provided by operating activities

Depreciation expense $15,000

Increase in Accounts Receivable -$2,500 ($8,000-$10,500)

Decrease in inventory $3,000

($21,000-$18,000)

Increase in accounts payable $5,000

(15000-10000)

Decrease in income taxes payable -$1,500 ($1,000-$2,500)

Net cash flows from operating activities $47,000

Therefore the net cash flows from operating activities using the indirect method is $47,000

5 0

2 years ago

How many of the following events would require an expense to be recorded? Ordering office supplies Hiring a receptionist Paying

Marat540 [252]

Answer:

C)Two.

Paying employees' salaries for the current month

Receiving but not paying a current utility bill.

Explanation:

When salaries are played to employees, an entry is recorded in Salary Expense account.

In accrual accounting when utility bill is received it is recognised in the books even when payment has not been made. Because it is a current utility bill it has to be recorded in this period.

7 0

2 years ago

Which of the following questions are addressed by financial managers? I. How should a product be marketed? II. Should customers

alexandr402 [8]

Answer:

3 is the correct answer, financial managers are in charge of all of the companies finances

Explanation:

4 0

2 years ago

You are trying to ﬁnd out how high you have to pitch a water balloon in order for it to burst when it hits the ground. You disco

lora16 [44]

Answer:

17.15 m/s

Explanation:

This is a case of free fall, so we can use the next equation:

$v_{f}^2=v_{i}^2+2gh$

where

$v_{f}$ is the final velocity

$v_{i}$ is the initial velocity (0 in this case)

$g$ is the acceleration of gravity $9.8m/s^2$

and $h$ is the height at wich the ballon was pitched.

So we have:

$v_{f}=\sqrt{v_{i}^2+2gh} =\sqrt{0^2+2(9.8m/s^2)(15m)} =\sqrt{294m^2/s^2} =17.15m/s$

The final velocity, the velocity of the ballon when it hits the ground is 17.15m/s.

5 0

2 years ago

The British government has a consol bond outstanding paying pound 100 per year forever. Assume the current interest rate is 4 %

aleksley [76]

Answer:

Explanation:

From the question, we are informed that the British government has a consol bond outstanding paying pound 100 per year forever and that the current interest rate is 4% per year.

A. What is the value of the bond immediately after a payment is made?

The value of the bond here will be the present value of the payment on perpetuity. This will be payment divided by rate.

= $100/4%

= $100/0.04

= $2500

B. What is the value of the bond immediately before a payment is made?

The bond value here will be the value of the payment added to the value of the bond immediately after a payment is made which is calculated in (a) above. This will be:

= $100 + $2500

= $2600

4 0

2 years ago