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4 years ago

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

Business

1 answer:

hjlf4 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.

You might be interested in

Name at least two primary forms of identification needed to obtain a learners license

Elza [17]

Two primary forms you could use would be 1. Birth certificate and 2. Social security card.

4 0

3 years ago

At an activity level of 6,900 units in a month, Zeus Corporation's total variable maintenance and repair cost is $408,756, and i

Oliga [24]

Answer:

Total cost= $650,857

Explanation:

Giving the following information:

At an activity level of 6,900 units in a month, Zeus Corporation's total variable maintenance and repair cost is $408,756, and its total fixed maintenance and repair cost is $230,253.

<u>We need to calculate the total cost of 7,100 units. Because it is between the relevant range, fixed costs will remain the same. We need to determine the unitary variable cost.</u>

Unitary variable cost= total variable cost/ unit

Unitary variable cost= 408,756/6,900= $59.24

Total cost= 59.24*7,100 + 230,253= $650,857

6 0

3 years ago

Project A has a required return on 9.2 percent and cash flows of −$87,000, $32,600, $35,900, and $43,400 for Years 0 to 3, respe

LiRa [457]

Answer:

Accept Project B , Reject Project A

Explanation:

Net present value is the present value of after tax cash flows from an investment less the amount invested.

NPV can be found using a financial calculator

For project A ,

Cash flow in year 0 = $-87,000

Cash flow in year 1 = $32,600

Cash floe in year 2 = $35,900

Cash floe in year 3 = $43,400

I = 9.2%

NPV = $6,288.17

For project B,

Cash flow in year zero = −$85,000

Cash flow in year 1 = $14,700

Cash flow in year 2 = $21,200

Cash flow in year 3 = $89,800

I = 12.7%

NPV = $7,468.93

Based on the NPV, the second project would be chosen because it has a higher NPV.

Both projects are profitable but because the projects are mutually exclusive, only the more profitable project can be chosen.

To find the NPV using a financial calacutor:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

I hope my answer helps you

5 0

3 years ago

_______ has been defined as the process of identifying consumers with similar attributes who are likely to exhibit a similar buy

Hoochie [10]

Global market segmentation has been defined as the process of identifying consumers with similar attributes who are likely to exhibit a similar buying behavior.

<h3><u>Explanation:</u></h3>

The process involved in the identification of a particular segment of customers to sell the products refers to the Global Market Segmentation. Those customers of the groups that has the nature of similar behavior in buying of certain products will be grouped together under this process.

The people in the identified group will have the same purchasing behavior. Thus, when the customers of similar buying behaviors are grouped then the targeting process of the business will become easier. Fir example if you are manufacturing chocolates then it will be easier to target on;ly children and the adults.

8 0

4 years ago

A competitive firm currently produces and sells 7,500 units of output at a price of $2.50 per unit. The firm's average fixed cos

saveliy_v [14]

Answer:

A. $-2,250

B. The firm should continue to operate in the short run because price is greater than average variable cost

C.The firm should exit in the long run because it is making losses

D. In the long run, prices would increase because in a competitive firm, price must equal average cost. As firms exit the industry, supply would fall and this would lead to an excess of demand over supply. As a result, price would rise

Explanation:

A perfect competition is characterised by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.

In the long run, firms earn zero economic profit. If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.

Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.

Profit = Total revenue - Total cost

( $2.50 - $2.80) × 7,500 = $-2,250

The firm is earning a loss

A firm should shutdown in the short run if price is less than average variable cost.

Average variable cost = average total cost- average total cost

$2.80 - $0.75 = $2.05

2.50 > 2.05 so the firm should continue to operate in the short run.

The firm should exit in the long run because it is making losses

In the long run, prices would increase because in a competitive firm, price must equal average cost

I hope my answer helps you.

3 0

3 years ago