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3 years ago

If a consumer experiences a loss, he or she can file a ___with an insurance company

Business

2 answers:

sukhopar [10]3 years ago

8 0

If a consumer experiences a loss, he or she can file a payout with an insurance company.

Explanation:

In addition to fully alternate the loss of a consumer, the insurance companies save them from traumatic fall by payouts. This is provided by the policyholder, once the consumer claims for it under valid reasons and proof.

If a consumer experiences a loss, he or she can file a payout with an insurance company.

This payouts is claimed when the consumer wishes to refund or repair their property and in the case of life loss, the consumers have to show the certificate of the deceased person to claim the payout.

ohaa [14]3 years ago

8 0

Answer:

claim; edg2020

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Money market mutual funds

katen-ka-za [31]

Answer:

c. carry no loads.

Explanation:

They are also called as the mutual funds and are open-ended mutual fund investments in short debit security as the U.S treaty bills and the commercial papers.

They are made with the goal of maintaining high stable assets values by liquid investments.

Regulated by the investments company act of the U.S of 1940, are important providers of the liquidity to the financial institutions.

These funds seek to limit the exposure of the losses due to the credit, market, and liquidity risks.

8 0

3 years ago

Bob bought some land costing $16,390. today, that same land is valued at $46,817. How long has bob owned this land if the price

faltersainse [42]

Bob has to own his land for 18 years if the price is increasing at the rate of 6% per year.

Given that land was bought by Bob for $16390, the price is increasing at the rate of 6%, price of land today is $46817.

We are required to find the time for which Bob need to own the land so that the price of the land is $46817 today.

Compounding means calculating amount on the principal and the amount added interest.

Rate of increasing the price of land be 6%.

Price when Bob bought the land=$16390.

Price of land today=$46817.

It is like compounding of interest and the sum is calculated as under:

S=P* $(1+r)^{n}$

In the above equation P is theamount at beginning,r is rate of increasing and n is the number of years.

46817=16390 $(1+0.06)^{n}$

46817/16390= $(1.06)^{n}$

$(1.06)^{n}$ =2.8564

$(1.06)^{n}$ = $(1.06)^{18}$ (Approximately)

From both the sides we will get n=18.

Hence Bob has to own his land for 18 years if the price is increasing at the rate of 6% per year.

Learn more about compounding at brainly.com/question/2449900

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4 0

1 year ago

Describe the effect of each transaction on assets, liabilities, and stockholders' equity.

Aliun [14]

Answer:

Issued Common Stock to Investors in exchange for Cash received from investors

Stockholders Equity = Increase

Assets = Increase

Liabilities = No Effect

Paid Monthly Rent

Assets = Decrease

Stockholders equity = Decrease

Liabilities = No Effect

Received cash from customers when service is performed

Assets = Increase

Stockholders Equity = Increase

Liabilities = No Effect

Billed Customers when service is performed

Assets = Increase

Liabilities = No Effect

Stockholders Equity = Increase

Explanation:

Issued Common Stock to Investors in exchange for Cash received from investors

Stockholders Equity increase due to increase in issue of additional common stock.

Assets increase due to inflow of asset of Cash resulting from the issue.

Paid Monthly Rent

Stockholders equity decrease due to increase in an expense item (Rent) which decreases profits attributable to stockholders.

Assets decrease due to outflow of economic benefits in form of cash.

Received cash from customers when service is performed

Shareholders Equity increase increase due to inflow of economic benefits in form of revenue, which would consequently increase profit attributable to shareholders.

Assets are increasing due to inflow of economic benefits in form of cash.

Billed Customers when service is performed

Assets are increasing due to increase of future economic benefit in form of Accounts Receivable.

Shareholders Equity increase increase due to inflow of economic benefits in form of revenue, which would consequently increase profit attributable to shareholders.

8 0

2 years ago

Data from Estrin Corporation's most recent balance sheet and income statement appear below: This Year Last Year Accounts receiva

jekas [21]

Answer:

d. 108 days

Explanation:

Average Inventory = (Beginning balance + Ending balance) / 2

Average Inventory = ($139,000 + $158,000) / 2

Average Inventory = $297,000 / 2

Average Inventory = $148,500

Inventory Turnover ratio = Cost of goods sold / Average Inventory

Inventory Turnover ratio = $501,000 / $148,500

Inventory Turnover ratio = 3.37 times

Average days to sell inventory = Days in a year / Inventory Turnover ratio

Average days to sell inventory = 365 days / 3.37 times

Average days to sell inventory = 108.31 days

8 0

2 years ago

Suppose that tacos and pizza are substitutes, and soda and pizza are complements. we would expect an increase in the price of pi

lozanna [386]

Answer: reduce the demand for soda and increase the demand for tacos

If tacos and pizza are substitutes, an increase in the price of pizza will increase the quantity demanded for tacos because consumers will substitute tacos for pizza. If soda and pizza are complements, then an increase in the price of pizza will reduce the demand for soda. For the same budget, a consumer may buy pizza alone.

7 0

3 years ago