1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
insens350 [35]
3 years ago
7

On its advertisement, a company claims that it has funds in its possession that are, in fact, not available for the payment of l

osses or claims. The company is guilty ofRebating.Misrepresentation.Concealment.Unfair claim practice
Business
1 answer:
trapecia [35]3 years ago
3 0

Answer:

Misrepresentation

Explanation:

Misrepresentation -

It refers to the incorrect practice of some wrong statement by the company , in order to obtain some profit , is referred to as misrepresentation .

The method is employed to fool the consumers , by wrong interpretation of some statement .

Hence , from the given information of the question,

The correct option is  Misrepresentation .

You might be interested in
Gayle is talking with her insurance broker and is comparing prices with the broker, who shows her that Company A can sell her in
kipiarov [429]

Answer: Independent insurance agent

Explanation:

An independent agent is sometimes called an insurance sales agent. An independent insurance agent is an insurance agent who sells insurance policies that are provided by different insurance companies.

An independent insurance agent gets commissions for the insurance policies that are sold. The higher the number of clients they serve, the higher the money they make. Independent insurance agents are not considered to be an employee of a particular insurance company

7 0
3 years ago
Vaughn Manufacturing started business in 2012 by issuing 209000 shares of $21 par common stock for $28 each. In 2017, 25500 of t
marshall27 [118]

Answer:

A. $153,000

Explanation:

The Journal Entry is shown below:-

Property Dr,                                          $1,173,000

          To Treasure stock                     $1,020,000

           To additional paid-in-capital    $153,000

The computation is given below:-

For Property

= 25,500 × $46

= $1,173,000

For Treasure stock

= 25,500 × $40

= $1,020,000

For Additional paid-in-capital

= $1,173,000 - $1,020,000

= $153,000

6 0
3 years ago
Klingon Widgets, Inc., purchased new cloaking machinery three years ago for $5.4 million. The machinery can be sold to the Romul
Semmy [17]

Answer:

a. $5,194,000

b. $7,715,000

Explanation:

a. Book Value of assets = Book value of fixed assets + book value of current assets

Book Value of assets = Book value of fixed assets + (Current Liabilities + Net working capital)

Book Value of assets = $4,200,000 + ($850,000 + $144,000)

Book Value of assets = $5,194,000

b. Sum of market value = $7,600,000 + ($965,000 - $850,000)

Sum of market value = $$7,600,000 + $115,000

Sum of market value = $7,715,000

8 0
3 years ago
Clint had $748.87 in his checking account, and a check that he wrote to his landlord for $725.00 was just deposited. This will r
ludmilkaskok [199]
The answer is b my guy dont worry im wrong
8 0
3 years ago
Read 2 more answers
Inc.'s capital structure features 40 percent equity, 60 percent debt, and that its before-tax cost of debt is 9 percent, while i
Alex787 [66]

Answer:

WACC = ke(E/V) + Kd(D/V)

WACC = 15(0.40) + 9(0.60)

WACC = 6 + 5.4

WACC = 11.4%

Explanation:

WACC is a function of cost of equity multiplied by the proportion of equity in the capital structure plus cost of debt multiplied by the proportion of debt in the capital structure. The proportion of equity in the capital is expressed as E/V (0.40) while the proportion of debt in the capital structure is expressed as D/V (0.60).

3 0
3 years ago
Other questions:
  • Greenbelt Construction has been a successful small home-building firm for years. The owner pays subcontractors slightly more tha
    9·1 answer
  • Starting from a long run steady state equilibrium, a variety of expansionary fiscal and monetary policies were undertaken. The p
    13·1 answer
  • Which of the following items is not classified as other comprehensive income (OCI)?
    6·1 answer
  • What is an expenses?
    6·2 answers
  • The risk free rate currently have a return of 2.5% and the market risk premium is 5.77%. If a firm has a beta of 1.42, what is i
    5·1 answer
  • Jay, a single taxpayer, purchased an annulty to help provide income during his retirement. He paid $36,000 for the annuity that
    11·1 answer
  • Your firm needs a computerized machine tool lathe which costs $53,000 and requires $12,300 in maintenance for each year of its 3
    15·1 answer
  • Explain 3 factors that change supply elasticity.
    12·1 answer
  • A project has several teams. Team C has repeatedly missed deadlines in the past. This has caused team D to have to crash the cri
    11·1 answer
  • Tammy Potter, a new partner with the regional CPA firm of Tower & Tower, was recently appointed to the board of directors of
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!