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Romashka-Z-Leto [24]
3 years ago
10

Liability insurance is...

Business
2 answers:
Scrat [10]3 years ago
8 0

Answer:

Liability insurance is a part of the general insurance system of risk financing to protect the purchaser from the risks of liabilities imposed by lawsuits and similar claims and protects the insured if the purchaser is sued for claims that come within the coverage of the insurance policy.

Explanation:

alekssr [168]3 years ago
4 0
YOU SHOULD MAKE THAT DUDE BRAINLIEST!!!
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A merchandiser:A merchandiser:
Papessa [141]

Answer:

A.Earns net income by buying and selling merchandise.

Explanation:

Merchandiser is a organization or individual which supplies and promotes products to the consumers. Merchandisers buy the merchandise from manufacturer and display it on their place to sale it. The Net value of Purchase price and Selling price is their return. So, They earn the net income from buying and selling of product.

6 0
4 years ago
Exercise 1-7A Prepare a statement of stockholders' equity (LO1-3) At the beginning of the year (January 1), Buffalo Drilling has
Zina [86]

Answer:

See below

Explanation:

Statement of stockholder's equity at the end of the year 31, December.

•Retained earning

Opening balance

$7,400

Income for the year

$7,700

Dividend paid

($2,400)

Common stock issuance

------------

End of year balance

$12,700

•Common stock

Opening balance

[$12,000 + $7,400]

$19,400

Income for the year

$7,700

Dividend paid

($2,400)

Common stock issuance

$7,200

End of year balance

$31,900

= $31,900 - $12,700

= $19,200

3 0
3 years ago
Lossing Corporation applies manufacturing overhead to products on the basis of standard machine-hours. Budgeted and actual overh
timofeeve [1]

Answer:

$1,188 unfavorable

Explanation:

Volume variance = Budgeted fixed overhead cost - Fixed overhead applied to work in process.

$89,640 ÷ 8,300 machine hours

= $10.8 per machine hours

= $89,640 - ( 8,190 machine hours * $10.8 per machine hours )

= $89,640 - $88,452

= $1,188 unfavorable

4 0
3 years ago
Monette has posted over 100 book reviews on discussion forums. she also frequently reviews products and services and posts her r
IgorC [24]
The answer to this question is the term critic. Monette is considered a critic because she posted reviews on restaurants, etc and put it in her web blogs. A critic post comments, reviews, and even ratings on services and products through social media.
8 0
3 years ago
Maggie Sharrer Company borrows $88,500 on September 1, 2017, from Sandwich State Bank by signing an $88,500, 12%, one-year note.
xenn [34]

Answer:

interest = $3,540

Explanation:

given data

principal  =  $88,500

rate = 12 %

time = 4 months ( September 1, 2017 to September 1, 2017 )

to find out

What is the accrued interest

solution

we get here interest that is express as

interest = principal × rate × time   .......................1

put here value we get interest

interest = $88500 × 12% × \frac{4}{12}

interest = $88500 × 0.12 × 0.33333

interest = $3,540

4 0
4 years ago
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