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FrozenT [24]
3 years ago
12

An insurance contract promises to pay benefits based upon a future uncertainty such as death, or illness describes which feature

of an insurance contract?
Business
1 answer:
Mrac [35]3 years ago
8 0
The feature of the insurance contract that is being described above is the aleatory contract. It is the type of contact where the individual that has been involved can't handle or control the event that could happen to him or her. It is a way of having uncertain events happening in the individual such as death or natural disasters that she or he could face.
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What is the most appropriate thing to do when you arrive at a table with a family praying while delivering food in a restaurant?
masha68 [24]
Quietly step to the side and wait for them to finish, but if they continue with one of those extended family prayers, then I find it best to come back a minute or two later before serving them their food. 
6 0
3 years ago
Presented below are selected ledger accounts of Coronado Corporation as of December 31, 2020. Cash $51000 Administrative expense
andrew-mc [135]

Answer:

The net income for 2020 is $171,360

Explanation:

The computation of the net income is shown below:

=  Net sales -  Cost of goods sold - Administrative expenses - Selling expenses - Discontinued operations  - income tax expense

= $550,800 - $214,200 - $81,600 - $40,800 - $42,840

= $171,360

The income tax expense is computed below:

= (Net sales -  Cost of goods sold - Administrative expenses - Selling expenses - Discontinued operations) × income tax rate

= $214,200 × 20%

= $42,840

6 0
3 years ago
Which two careers would have a stage as a workplace? A/V technology and the performing arts the visual arts and telecommunicatio
Komok [63]

Answer:

A/V technology and the performing arts

Explanation:

7 0
3 years ago
Read 2 more answers
Maria Queen was reviewing her business activities at the end of the year (2022) and decided to prepare a Retained Earnings State
fiasKO [112]

Answer:

Retained earnings at the beginning of the year;

Equity = Common stock + Retained earnings

Retained earnings =  Equity - Common stock

Equity = Assets - Liabilities

= 700,000 - 210,000

=$490,000

Retained earnings = 490,000 - 200,000

=$290,000

........................................................Maria Queen..................................................

.....................................Statement of Retained Earnings..................................

.........................................For the year ended 2022..........................................

Opening Balance...............................................................................$290,000

Add:

Net Profit .............................................................................................$220,000

Less:

Dividends.............................................................................................($120,000)

Retained Earnings, 31 Dec 2022............................................$390,000

5 0
3 years ago
In an effort to reduce costs, many regional power companies want to lower their safety stock of electricity transformers. To sup
svetlana [45]

Answer:

1. Total transformers held by power companies = 532

2. The total units of transformers that OEM needs to hold in the FedEx warehouse = 38

3. The inventory of transformers will go down by 494.

4. The percentage of the decrease = 93%.

Explanation:

Power companies signed up on the rapid replenishment program = 14

Average number of transformers held in safety stock by each power company = 38

Total number of transformers in safety stock = 532 (14 * 38)

Number of transformers needed in the FedEx warehouse = 38

Inventory will go down by 494 (532 - 38)

Percentage of inventory decrease = 93% (494/532 * 100)

6 0
3 years ago
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