Sarah will be paying $0.26 in her homeowners insurance annually .
Option B is correct .
Sarah is paying $48 each month, so she will be paying in a year.
48 ×12 = 576
Let Sarah be paying 'x' per $100 in homeowners insurance annually.
Now, Sarah is paying for $223050 an amount of = 576
Now we will find the value of x
576×100 ÷ 223,050
X= 384÷1487
X = 0.258
Rounding off we will get X = 0.26.
<h3>Insurance :</h3>
A premium is the amount an individual or business pays for an insurance policy. Premiums are paid for insurance covering health insurance, auto insurance, home insurance and life insurance. A premium is the amount that an insured person pays to an insurance company on a regular basis to cover a risk. explanation:
In an insurance contract, risk is transferred from the policyholder to the insurer. To take this risk, insurance companies charge an amount called a premium.
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By appealing to the different needs/wants of various ethnic groups, McDonald's is using demographic segmentation.
When using demographic segmentation you are changing the way you advertise and what you carry (often times) to appeal to the consumer market you are in. In Japan, McDonald's carries some American menu items but also items that are a 'norm' in their country. By doing this, McDonald's is able to services different demographics.
Land, labor, capital, entrepreneurship, and knowledge are the factors of production or also called the "resources used to create wealth".
Answer:
The correct answer here is C) cash account would be debited by $2.02 million and the other financing resource account would be credited by the same amount of $2.02 million.
Explanation:
Sugar city first issued $2 million bonds whose face value was $100 and the number of shares were 20,000, with interest rate of 5%. And after some time those shares were sold at $101 and cash was received , so now the total amount received is 20,000 X $101 = $2.02 million, so the journal entry here would be -
SN PARTICULAR LF DEBIT CREDIT
1 CASH $2.02 MILLION
TO OTHER FINANCING RESOURCES $2 MILLION
( BONDS SOLD @ $101 )
The most likely reason Trevor and Matt have different salaries despite doing the same activities is that they work on different farms.
When a person is hired by another person to perform a job, they must sign a contract that establishes all the characteristics of the employment relationship that unites them. Aspects such as:
- Work hours
- Salary
- Workplace
- Benefits
- Job security
In this case, comparing the salary of Matt and Trevor it can be inferred that the difference in salaries is because each signed a different employment contract with their respective bosses. Therefore, despite doing the same job, they have different salaries.
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