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3 years ago

What is the definition of insurance

Business

1 answer:

jeyben [28]3 years ago

6 0

Answer:

an arrangement by which a company or the state undertakes to provide a guarantee of compensation for specified loss, damage, illness, or death in return for payment of a specified premium.

"many new borrowers take out insurance against unemployment or sickness"

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X2 issued callable bonds on January 1, 2015. The bonds pay interest annually on December 31 each year. X2's accountant has proje

Leona [35]

Answer:

market rate is 7.5%

Explanation:

We will work with the formulas for bonds amortization under effective rate method:

1.- Face value x rate = cash proceeds

<em>2.- Carring Value x market rate = interest expense</em>

3.- Cash proceds - interest expense = amortization

With the second formula, and the givne value we are able to solve for market rate:

carrying value at 12/31/2015 is used to calcualte the 2016 interest expense:

106,450 x market rate= 7,984

market rate = 7,984/106,450 = 0.07500 = 7.5%

carrying value at 12/31/2016 is used to calcualte the 2017 interest expense:

105,678 x market rate = 7,926 = 0.07500 = 7.5%

So, we can conclude the market rate is 7.5%

5 0

3 years ago

_____ describe(s) the different levels of job and earning ranges.

nika2105 [10]

The answer is "wage structures"

6 0

4 years ago

Privacy concerns dictate that

MariettaO [177]

Privacy concerns dictate that you should always enter mass email address into the BCC

In email, BCC stand for Blind Carbon Copy. Using BCC to send mass email adress will protect the information of the original Email sender

8 0

4 years ago

Hellmann's is a brand owned by Unilever that produces mayonnaise, among other food products. If a marketing manager at Hellmann'

leonid [27]

Answer:

A) a weakness if the company does not have access to other expertise at Unilever.

Explanation:

A SWOT analysis will be used by Hellmann to identify the brand's strengths, weaknesses, opportunities and threats.

Strengths refer to internal attributes and resources that support business growth. Weaknesses are internal traits and resources that work against a successful outcome. Opportunities are external factors that the entity can use to develop the business. Threats are external factors that can lead to the downfall of the brand.

Based on the above, the lack of expertise by Hellmann's managers is a weakness.

6 0

3 years ago

At the beginning of 2019, Robotics Inc. acquired a manufacturing facility for $13.5 million. $10.5 million of the purchase price

sdas [7]

Answer:

$511,667

Explanation:

The computation of the depreciation expense for 2019 and 2020 is shown below:

= (Purchase price - residual value) ÷ (useful life)

= ($10,500,000 - $2,500,000) ÷ (25 years)

= ($8,000,000) ÷ (25 years)

= $320,000

The depreciation in this method is the same for the rest of the useful life

Now the book value for 2021 would be

= Purchase price - depreciation for 2 years

= $10,500,000 - $320,000 × 2

= $9,860,000

Now the depreciation for 2021 would be

= ($9,860,000 - $650,000) ÷ 18 years

= $511,667

3 0

3 years ago