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irina [24]
3 years ago
5

Which term describes the cost to replace property minus the deduction for depreciation?

Business
1 answer:
Natasha_Volkova [10]3 years ago
5 0

Answer:

The correct answer is b) Actual cash value.

Explanation:

Insurance industry’s ACV is define as "the cost to replace with new property of like kind and quality, less depreciation. Courts have varied in their rulings as to whether or not depreciation includes obsolescence (loss of usefulness as a result of outmoded design, construction, etc.)."

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Lorico [155]

Answer:

$2,700

Explanation:

Calculation for the expected value of the outcomes

Using this formula

Expected value=respective outcome*Respective probability

Let plug in the formula

Expected value=(0.25*1100)+(0.55*2300)+(0.20*5800)

Expected value=$275+$1,265+$1,160

Expected value=$2,700

Therefore the expected value of the outcomes will be $2,700

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Answer:

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Basically ElectricCo's contribution is technology, and AutoCo provides everything else, but both control the company with one side (ElectricCo) not having enough money to invest but doing so through financing.

b. Which entity, if any, should consolidate JV?

AutoCo must include JV in its consolidated balance sheet since it owns 60% of the company and the products manufactured by JV are sold under AutoCo's brand.

3 0
3 years ago
What would you do if u didnt have an education and u cant find a job?
hodyreva [135]
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