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CaHeK987 [17]
3 years ago
15

What is the relationship between insurance and successful financial management? 1. Why is insurance important? 2. Consider your

home and possessions. What types of risks do you face? What insurance would you recommend to someone in a similar location? 3. What are personal, property, and liability risks? What are examples of personal, property, and liability risk? 4. Why is estate planning important? 5. What is the principle of indemnity? Why is this principle important?
Business
1 answer:
tatiyna3 years ago
6 0

Answer:

insurance is important in that it helps you indemnity the losses occured after the risk occurrence

Explanation:

insurance ensures that you are covered from all period and hazards

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You bought 1,000 shares of Tund Corp. stock for $60.59 per share and sold it for $82.35 per share after a few years. How will yo
ahrayia [7]

Answer:

gain will treat as capital gain at long term tax rate

Explanation:

given data

bought shares = 1,000  

stock for = $60.59 per share

sold  = $82.35 per share

solution

as gain from sale of stocks is held for an investment purpose and it is treated as capital gain

when stock is here held for more than year

so gain is taxed as long term capital gain

and when gain is less than year  than gain taxed short term capital gain

but here we have given stock for more than year

so here gain will treat as capital gain at long term tax rate

4 0
3 years ago
Most investors will not give your company money unless you have what?
Oduvanchick [21]
Unless you have a Business Plan.

Business plan contain your Objectives and step by step strategy that you will do in order to expand your Company.

Showing in front of investors without it make them questioned your commitment as a future Partner. To put it simply, you look like a careless & unmotivated person that is really bad for business
5 0
3 years ago
According to the International Fisher Effect, if an investor purchases a five-year U.S. bond that has an 20)_____ annual interes
Sidana [21]

Answer:

British pound: appreciate

Explanation:

International Fisher Theory is an economic theory which establishes a relationship between two country’s exchange and nominal interest rates of their currency.

It states that the expected inconsistency between the exchange rate of two currencies is approximately equal to the difference between their countries' nominal interest rates.

If an investor purchases a five-year U.S. bond that has an annual interest rate of 6% rather than a comparable British bond that has an annual interest rate of 4%, then the investor, at a minimum, must be expecting the British pound to appreciate at a rate less than 2% per year.

The reasoning behind it is that a country with a higher interest rate will also very likely to have a higher inflation rate.

8 0
4 years ago
Coronado Industries reported the following information for 2016: October November December Budgeted sales $470000 $420000 $51000
SSSSS [86.1K]

Answer: $445000

Explanation:

Based on the information that has been provided in the question, the amount of cash that Coronado will receive during the month of November will be:

= October sales × 50% + Novemeber sales × 50%

= ($470000 × 50%) + (420000 × 50%)

= $235000 + $210000

= $445000

4 0
3 years ago
An alternative approach to recording unearned revenue would be to ______ when cash is collected from a customer in advance of pr
ad-work [718]

Answer:

The correct response will be "Credit sales revenue".

Explanation:

  • Net credit sales would be costs that come by someone with an individual or attribute which enables on account receivables, minus the cost gross sales as well as sales pension contributions.
  • Net loan transactions don't include any transactions about which money changes hands in cashback rewards.

So that the above would be the correct approach.

6 0
3 years ago
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