1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
prisoha [69]
3 years ago
5

Mark's home was damaged in a fire and no longer able to be occupied. Fortunately, the event was insured by Mark's property insur

ance policy. Since Mark was unable to occupy his house, the insurance company paid for temporary lodging while the damage to the house was being repaired. This was paid for under what type of coverage....
Business
1 answer:
juin [17]3 years ago
5 0

Answer:

Coverage D

Explanation:

Coverage D basically refers to insuring against the loss of use of your house, i.e. you cannot live in your house temporarily. Coverage D will provide for additional living expenses to the insured in order to cover lodging expenses while the insured property is being repaired and can be used again.

You might be interested in
You plan to invest $2,500 in a money market account which will pay an annual stated interest rate of 8.75 percent, but which com
Darya [45]

Answer:

$2,728.40

Explanation:

Given:

Amount invested in a market = $2,500

Annual interest rate = 8.75%

also, The interest is compounded weekly

and there are 52 weeks in an year

Therefore, the interest rate when compounded weekly = \frac{\textup{8.75}}{\textup{52}}

or

Interest rate, r = 0.168% = 0.00168

Thus,

The ending balance = Principle × ( 1 + r )ⁿ

here, n is the duration i.e 52 weeks

therefore,

The ending balance = $2,500 × ( 1 + 0.168 )⁵²

or

The ending balance = $2,728.40

8 0
3 years ago
The balance sheet of Hidden Valley Farms reports total assets of $450,000 and $550,000 at the beginning and end of the year, res
hoa [83]

Answer:

Hidden Valley's Asset Turnover = 1.6

Explanation:

Average Total Asset = (Total Assets at the beginning of the year + Total Assets at the end of the year)/2

Average Total Asset = (450,000+550,000)/2

Average Total Asset = 1,000,0000/2 = 500,000

Asset Turnover = Net Sales / Average Total Asset

Asset Turnover = 800,000/500,000

Asset Turnover = 8/5

Asset Turnover = 1.6

7 0
3 years ago
Read 2 more answers
Why is it a good idea to disclose a bit about yourself when speaking to groups?
Sauron [17]
Because they might misuse your information
3 0
3 years ago
Read 2 more answers
Without creating a separate business organization, Reynold starts up and assumes the financial risk of, Sole Savers, a new, pre-
dexar [7]

Answer:

C: a franchisee

Explanation:

One of the responsibilities of a franchisee is to bear risk of the franchisor.

A franchise is a business relationship where a firm goes into agreement with another firm to represent the former in another geographical region or service. The franchisor is the parent company while the franchisee is the independent agent.

5 0
3 years ago
Which of the following statements about credit scores is TRUE? A Credit scores reflect how likely individuals are to repay their
alex41 [277]
I believe it would be D. all of the above
6 0
3 years ago
Other questions:
  • A dam is being built that will cost $500,000. The dam will cost $20,000 per year to operate and will require a maintenance expen
    12·1 answer
  • ShipCo. produces storage crates that require 1.2 meters of material at $.85 per meter and 0.1 direct labor hours at $15.00 per h
    7·2 answers
  • In two to three sentences, list the tree steps for effective decisions using marginal analysis
    6·1 answer
  • Hernandez Corporation expects to have the following data during the coming year. What is Hernandez's expected ROE? Assets $200,0
    8·1 answer
  • Suppose a commercial banking system has $240,000 of outstanding checkable deposits and actual reserves of $85,000. If the reserv
    7·1 answer
  • The materials manager for a billiard ball maker must periodically place orders for resin, one of the raw materials used in produ
    10·2 answers
  • Using CPM, when activity times are not known with certainty, we still can determine how long it will actually take to complete t
    5·1 answer
  • Identify five HRM criteria or components that can be used to measure organizational effectiveness or ineffectiveness. "Grievance
    9·1 answer
  • Black Acres Apartment, Inc needs to compute taxable income (TI) for the preceding year and wants your assistance. The effective
    13·1 answer
  • In the context of loss aversion, identify a true statement about sunk-cost fallacy. Multiple Choice People are reluctant to give
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!