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3 years ago

Did you know that you can save 15 or more on car insurance by switching to geico?? ;o

Business

2 answers:

Oduvanchick [21]3 years ago

8 0

Did you know switching to Geico could save you 15% or more on car insurance?

erik [133]3 years ago

4 0

Answer:

wait really???

Explanation:

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List any 2 merits and demerits of a company

egoroff_w [7]

Answer:

Merits

• limited liability

• Perpetual existence

Demerits

•Company mismanagement

•Lack of secrecy

Explanation:

Merits

° limited liability. The liabilities of the shareholders are limited to the value of investment they have in the company. This means that should the company becomes insolvent, the shareholders will only loose their investment in the firm and not their personal properties.

°Perpetual existence. This is based on the principle of separate legal entity , which means that the death of any shareholder or director would not in any way affect the existence of the company.

Demerits

° Company Mismanagement . One of the demerits of company is Mismanagement. The directors sometimes mismanage company's fund for their personal and selfish benefits which oftentimes throw the company into debt.

° Lack of secrecy. There is no secrecy in company as annual reports are given to the shareholders hence enable the competitors know it's performance and also provide company statements to registrar of companies.

3 0

3 years ago

On July 1, 2020, Marigold Corp. pays $13,200 to Kalter Insurance Co. for a 3-year insurance contract. Both companies have fiscal

Juliette [100K]

Answer:

For Marigold

The journal entries on July 1 , 2020 are:

Dr Insurance prepayment $13,200

Cr Cash $13,200

being insurance paid for in advance

The adjusting entry at the close of the year

Dr Insurance expense $2,200

Cr Insurance prepayment $2,200

Being insurance expense incurred in the year

The other party is Kalter insurance not Dobbs Co:

he journal entries on July 1 , 2020 are:

Dr Cash $13,200

Cr Prepaid revenue $13,200

being revenue received in advance

The adjusting entry at the close of the year

Dr Prepaid revenue $2,200

Cr Revenue $2,200

Being recognition earned in the year

Explanation:

Upon the payment of the insurance , the cash account of the paying company is credited and that of the receiving company debited .

The other entry in the paying company is insurance prepayment while that of the receiving company is prepaid revenue .

7 0

3 years ago

Which of the following tends to occur when the unemployment rate increases? A. all of the above B. a reduction in the labor forc

Luda [366]

Answer:

B. a reduction in the labor force participation rate

Explanation:

In the case when the rate of unemployment increased so there would be decrease in the labor force participation rate as the unemployment rate defines the percentage correspond with the labor force i.e. without the job or the labor force who has not in the job in the current period

hence, the correct option is B.

4 0

3 years ago

Read 2 more answers

Assume that you manage a risky portfolio with an expected rate of return of 17% and a standard deviation of 27%. The T-bill rate

Mice21 [21]

Answer:

The slope of the CML = (13% - 7%)/25% = 0.24

Explanation:

Given that:

expected rate of return of 17%

standard deviation of 27%.

The T-bill rate is 7%.

You estimate that a passive portfolio invested to mimic the S&P 500 stock index yields an expected rate of return of 13% with a standard deviation of 25%.

The slope of the CML is

Slope of the CML = (Expected return of Market - Risk free return)/Standard deviation of market

The slope of the CML = (13% - 7%)/25% = 0.24

= (0.13 - 0.07) /0.25

= 0.24

8 0

3 years ago

Which of the following economic consequences to a provisioning ecosystem service will most likely result from increased global w

Sveta_85 [38]

Answer:

Explanation:

Based on the information provided within the question it can be said that the most likely result would be the collapse of local fisheries, because of the damage to coral reefs from ocean acidification . This is mainly because the coral reefs provide habitat for a vast majority of the fish, and the same carbon dioxide that is causing global warming is also causing ocean acidification. Which in term is destroying the coral reefs, and therefore the habitats of all these fishes who will die without them.

6 0

3 years ago