Answer:
Total Claim = $2416
Explanation:
The coverage on the currency = $250
The coverage on the jewelry = $1000
The limit on the gold, pewter, and silver = $2500
The amount that is stolen:
The amount of cash = $270
The worth of jewelry = $1734
Pewterware = $1666
The miximum coverage = 250 + 1000 + 2500 = $3750
Actual loss = 270 + 1734 + 1666 = $3670
Reimbursement amount = 250 + 1000 + 1666 = $2916
Total Claim = Total Amount Covered – Deductible
Total Claim = $2916 - $500 = $2416
Answer:
Pro forma financial statements
Explanation:
The term pro forma financial statements refers to a type of financial statement which estimates future financial results. It doesn't follow the GAAP, instead it is designed to focus on specific figures about a company's expected earnings. Although pro forma financials are only expected financial statements, it is still illegal to mislead investors using them.
By preparing a pro forma financial statement, Tomas will be able to estimate if his new business will be profitable or not, approximately how much financing he will need and estimate the future cash flows of his project.
Answer:
The relevant costs to go into this schedule of cost of contract services performed will be those that are directly related to contract work.
Administrative costs are not to be included in the schedule but will instead go to the Income statement.
There will be a "decrease in the supply of automobiles, which is a shift to the left of the supply curve."
Changes in the cost of production and related variables can cause a whole supply curve to move right or left. This causes a higher or lower amount to be provided at a given cost. The ceteris paribus assumption is when the supply curves relate costs and amounts provided accepting no different components change.
Answer:
D) Marketing, Production/Operations, and Finance/Accounting
