Liable to the insured for the loss
There are different kinds of insurances available--health insurance, home insurance, car insurance, life insurance, etc.
Specific types of insurances relevant to the given situation (above) are health, injury and illness, and personal accident insurances to name a few. Health insurances cover certain medical costs, and personal accident insurance covers accidental death and disability. Illness and accident insurances protects a person against the economic repercussions brought about by certain mishaps and gives relief to the ill or injured person or a dependent.
Answer:
$1023.98
Explanation:
Using the standard notation equation for annual payment and for arithmetic gradient to calculate the present worth of a unit's costs; we have the following corresponding expression.
P = A (P/A, i, n) & P = G (P/G, i, n)
where;
A = annual payment
G = arithmetic gradient
n = number of years
i = annual interest rate
From the question;
the payment period = compounding period
∴ quaterly interest rate = 3%
The present worth value of the unit's cost is therefore shown as
P = 90 (P/A, 3%, 12) + 2.5(P/G, 3%, 12)
P = 90(9.954) + 2.5(51.2481)
P = $1023.98
∴ The present worth value of the unit's cost = $1023.98
I guess the correct answer is budget surplus.
When tax revenue is higher than government expenditures, the government incurs a budget surplus.
Answer:
D) $18,334
Explanation:
The computation of the long term debt is shown below:
Long term debt = Total assets - current liabilities - stockholder equity
where,
Total assets = Cash + inventory + account receivable + net fixed assets + other assets
= $1,234 + $13,480+ $7,789 + $42,331 + $1,822
= $66,656
Current liabilities = Account payable + notes payable
= $9,558 + $2,756
= $12,314
The stockholder equity is
= Common stock + retained earnings
= $22,000 + $14,008
= $36,008
So, the long term debt is
= $66,656 - $12,314 - $36,008
= $18,334
Answer:
$188,170
Explanation:
Cash collection in a month includes the collection of current and prior years's of credit sales.
Cash Collection for September is $188,170.
It includes 7% collection of July sales, It includes 35% collection of August sales and It includes 55% collection of September sales.
Schedule for Cash Collection is attached with this answer please find it.
