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Slav-nsk [51]
3 years ago
13

Insurance is a financial service that allows a

Business
2 answers:
ludmilkaskok [199]3 years ago
6 0

Insurance is a financial service that allows a 3. Consumer to share liability with a company.

Insurance provides protection against a possible event for a consumer. If a consumers gets into a situation where they need insurance, the insurance company becomes liable for the consumer if they need to pay for damages. The insurance company represents the consumer and protects them in an event that requires them to step in.

ddd [48]3 years ago
5 0
<span>consumer to share liability with a company.</span>
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Desert Company gives each of its 75 employees 11 days of vacation a year if they are employed at the end of the year. Assume the
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Answer: $191,400

Explanation:

Based on the information given in the question, the amount of vacation liability that would be reflected on Desert's year-end balance sheet will be calculated thus:

= Number of employees × Number of vacation days × Number of hours worked per day by the employees × Amount made per hour by employees

= 75 × 11 × 8 × 29

= $191,400

Therefore, the vacation liability is $191,400

5 0
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stacy wants to be able to to run reports in quick books online that will tell her whcih verdors provide the best prices on the p
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Answer:

The answer is below

Explanation:

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8 0
3 years ago
For the last few years, an African village did not receive adequate rainfall. Due to this, the farmers in this village have suff
Gemiola [76]

Answer:

  • <u><em>D. cloud seeding</em></u>

Explanation:

<em>Cloud seeding</em> is aimed mainly to stimulate rainfall.

The process consists in spraying the clouds with some chemicals, whose particles can serve as nucleation center, inducing the formation of ice. Then, liquid droplets will form around the ice particles and, when they are large and heavy enough, will precipitate.

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One of the chemicals that is mentioned in the sources for cloud seeding is silver iodide, among others.

5 0
4 years ago
On March 31, Oscar Corp. changes from the LIFO to the FIFO method. Its financial statement notes indicate that beginning invento
velikii [3]

Answer:

The journal entry should be:

Dr Merchandise Inventory account 50,000

Cr Retained Earnings account 50,000

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Since Oscar's merchandise inventory was understated by $50,000 because of the previous inventory method (LIFO), when the new method, FIFO, starts to be used then the merchandise inventory must increase by $50,000 as well as retained earnings.

Merchandise inventory is an asset account and it increases, therefore it should be debited.

Retained earnings is an equity account and it increases, therefore it should be credited.

3 0
4 years ago
Gibson valves produces cast bronze valves on an assembly line, currently producing 1600 valves per shift. if the production is i
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An increase from 16k to 20k is a 20%increase proportionate to production
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3 years ago
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