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slava [35]
3 years ago
10

Andrea wants to take her husband, bill, to an exotic island to surprise him on their tenth wedding anniversary. she has made res

ervations at an expensive hotel. however, she is now worried whether she is going to get service worth the money she spent. in this scenario, andrea's inner tension would reduce if:
Business
1 answer:
Alex_Xolod [135]3 years ago
5 0

The answer is: her friends also recommend the hotel.

In business perspective, Recommendation from an individual that people trust would generally more believable compared to the words that spoken by the marketers. This perception happen because most costumers generally believe that business establishments would say whatever it needs to obtain customers.

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"The __________ provision specifies what an insured must do, if a policy has lapsed, in order to put it back in force."
Vesna [10]

Answer:

The correct answer is Reinstatement.

Explanation:

The Reinstatement provision specifies what an insured must do, if a policy has lapsed, in order to put it back in force.

A reinstatement clause is a clause in insurance policy which grants the policy owner the right to reinstate a lapsed policy for specified reasons, such as non-payment of premiums, by furnishing satisfactory evidence of insurability and paying all unpaid premiums.which grants the policy owner the right to reinstate a lapsed policy for specified reasons, such as non-payment of premiums, by furnishing satisfactory evidence of insurability and paying all unpaid premiums.

6 0
3 years ago
Hi-Tech, Inc., reports net income of $65.0 million. Included in that number are depreciation expense of $5.5 million and a loss
Greeley [361]

Answer:

Net Cash Flows from operating activities is $68.5 million.

Explanation:

The indirect Method would be used here because all we will find the cash expenses and revenues that were converted into within the year and are reported in the income statement by calculating the increase and decrease in the current assets and current liabilities. Here we will also eliminate the non cash expense effects by adding them back.

The net cash flows from operating activities can be calculated using the following method:

                                                                 Millions

1. Net Income                                                65

<u>Add Non Cash Deductions</u>

2. Depreciation                                             5.5

3. Loss on sale of Equipment                       1.5

<u>Add / (Less) the increase or </u>

<u>decrease in current Assets or </u>

<u>liabilities</u>

4. Increase in Trade Receivables                (2.5)

5. Increase in Trade Payables                      3.5

6. Increase in inventory                               <u> (4.5) </u>

Net Cash Flows from operating activities $68.5

4 0
3 years ago
Which of the following is NOT a typical characteristic of a Minstrel
zhannawk [14.2K]

Answer:

B

Explanation:

6 0
3 years ago
Carol and Dave each purchase 100 shares of stock of Burgundy, Inc., a publicly owned corporation, in July for $10,000 each. Caro
tino4ka555 [31]

Answer:

See below

Explanation:

From the above information, we can deduce that the stock owned by Carol and Dave falls in value by $2,000 I.e ($10,000 - $8,000) ; it is to be noted that Carol solely has realised and recognized loss of $2,000.

Here, one of the cogent factors that determines whether a sale has taken place is if realization has been effected. Here, stock sold by Carol qualifies as a disposition while the decline in the value of stock sold by Dave does not qualify as disposition.

With regards to the foregoing, we can conclude that the federal income tax law treat the decline in the value of the stock differently for Carol and Dave.

8 0
3 years ago
A machine which cost $400,000 is acquired on January 1, 2017. Its estimated salvage value is $100,000 and its expected life is f
Soloha48 [4]

Answer and Explanation:

The computation of the depreciation expense for 2017 and 2018 under the following methods

a. Straight-line method

= (Purchase cost - residual value) ÷ (estimated life)

= ($400,000 - $100,000) ÷ (5 years)

= $60,000

Since the depreciation expense under this method would remain the same for the remaining useful life

So for 2017 and 2018, the depreciation expense i.e. $60,000 would be charged every year.

b. Under the sum-of-the-year-digits method

For 2017,

= ($400,000 - $100,000) × 5 years ÷ ( 5 + 4 + 3 + 2 + 1)

= $300,000 × 5 years ÷ 15 years

= $100,000

For 2018, the book value is

= $400,000 - $100,000

The $100,000 is the depreciation expense of 2017 year

= $300,000 × 4 ÷ 15

= $80,000

3 0
3 years ago
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