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Nonamiya [84]
3 years ago
6

Your home insurance provides for replacement value for personal property losses. A microwave is stolen. It cost $258 two years a

go and has an expected life of six years. A comparable microwave costs $366 today. What amount will the insurance company pay
Business
1 answer:
Bogdan [553]3 years ago
8 0

Answer: $366

Explanation:

Replacement Cost Coverage refers to the valuation methods for the establishment of the value of an insured property which is used in knowing the amount that an insurer will

have to pay in case there is a loss and in such case, the insurance company will have to pay the costs at the present price to replace the damaged product.

Since the comparable microwave costs $366 today, therefore the insurance company will pay $366.

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Issuance of common stock for cash affects which basic element of financial statements? Revenues Equity Losses Liabilities
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Equity

Explanation:

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When it comes to decision making, in a limited partnership there is no separation of ownership and control limited partners have
kati45 [8]

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Explanation:

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Charles Schwab in 1971 was determined to build a stock brokerage firm that would be different. He cited that he was disturbed by
Alecsey [184]

Answer:

D) The Agency Problem

Explanation:

The agency problem refers to a conflict of interests between the principal and his/her agent. Agents have a fiduciary duty to act on the best interest of their principal, but sometimes agents place their own personal interest before the interests of their principal.

in this case, the brokers should act on behalf of their clients to make them earn the largest possible profits, but instead they focus on convincing them about transactions that increased the broker's profit and not the clients'.

4 0
3 years ago
The government increases taxes. What might be a reason for this change in fiscal policy?
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A; a deficit due to improving nationwide public transportation. Surplus in this case means that we have left over money.
8 0
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‏( Z ) Company has beginning inventory of 15,000 units and expected sales of 23,000 units . If the desired ending inventory is 1
devlian [24]

Answer:

the  number of units should be produced is 26,000 units

Explanation:

The computation of the number of units should be produced is as follows:

Units to be produced is

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= 23,000 units + 18,000 units - 15,000 units

= 26,000 units

Hence, the  number of units should be produced is 26,000 units

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