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IrinaK [193]
3 years ago
7

MC Qu. Your home insurance provides for replacement value for personal ... Your home insurance provides for replacement value fo

r personal property losses. A microwave is stolen. It cost $288 two years ago and has an expected life of six years. A comparable microwave costs $400 today. What amount will the insurance company pay?
Business
1 answer:
Murljashka [212]3 years ago
4 0

Answer:

The insurance company will pay $192 which is present value of the asset

Explanation:

Depreciation is defined as the allocation of cost throughout the useful life of an asset. It refers to the rate at which an asset losses value over time.

The original value is used when calculating depreciation. Present market value is not used.

The value of the asset is spread out equally over its useful life.

In this instance

Depreciation per year= Asset value ÷ Years of useful life

Depreciation per year= 288 ÷ 6 = $48

The asset has been used for 2 years

Amount depreciated= 48 * 2= $96

Present value= Original value - Depreciation

Present value= 288 - 96= $192

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Can I Plss get some help on this
lidiya [134]

Points to the right of the production possibilities curve represent future economic growth (third option).

<h3>What is the  production possibilities curve?</h3>

The Production possibilities curve shows the various combination of two goods a country can produce when all its resources are fully utilised.

Point outside the curve or to the right of the curve means that the production level is not attainable given the level of resources. This point indicates production levels in the future.

For more information about the production possibility curve, please check: brainly.com/question/25774783

#SPJ1

8 0
2 years ago
Which routing protocol does an exterior router use to collect data to build its routing tables?
DENIUS [597]
It is the Border Gateway Protocol (BGP) is an institutionalized outside door convention intended to trade steering and reachability data among self-sufficient frameworks on the Internet. The convention is frequently named a way vector convention yet is once in a while likewise classed as a separation vector steering convention.
5 0
3 years ago
MARS Chocolate Company is making an estimate of the amount of candy it expects to sell during the Christmas season based on a sp
igomit [66]

A

Explanation:

Because the judgement of executives does not adequately factor into a mathematical equation. it's like a judgement call only whereas the others can be used in an equation manner

8 0
3 years ago
A firm has current assets that could be sold for their book value of $22 million. The book value of its fixed assets is $60 mill
love history [14]

Answer:

the firm market to book ratio is 1.48

Explanation:

The computation of the market to book ratio is shown below:

The Market values is

= $22 million + $90 million - $50 million

= $ 62 million

And, the Book values is

= $22 million + $60 million - $40 million

= $42 million

Now the firm market to book ratio is

= $62 million ÷ $42 million

= 1.48

Hence, the firm market to book ratio is 1.48

6 0
3 years ago
Bethea Financial Services had a debit balance of $32,217 in their Fair Value Adjustment account on December 31, 2020. Based on t
kaheart [24]

Answer:

Debit

$14,181

Explanation:

Given:

Fair Value Adjustment account = $32,217 (Debit)

Net unrealized gain = $46,398 (Credit)

According to Fair Value Adjustment account , Debit balance is lower than Credit balance, So they should Debit (Fair Value Adjustment account)

Debit amount = Net unrealized gain - Fair Value Adjustment account

Debit amount = $46,398 - $32,217

Debit amount = $14,181

5 0
4 years ago
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