Answer:
Insurable interest
Explanation:
The insurance interest is the interest of the insurer while taking the policy so that the risk of the loss is reduced also it is an important requirement that makes the firm or the event to be legal, valid, enforceable, and protected against any harmful acts done intentionally
Therefore according to the given situation, the concept in which enough interest must exist on the part of the insurer while taking the policy is known as the insurer interest
Hence, the first option is correct
Answer:
it a person that is in line to be the nexted manger
Explanation:
Dividends per share by definition is how much did each share of the company receive in dividends.
You take the total dividend paid and divide by the number of outstanding shares
3.20 million / 4 million = dividends per share.
Answer:
5000 partial depreciation
Explanation:
straight line formula is = <u>cost - scrape value</u>
useful life in years
since there is no residual value (scrape value) therefore, we divide <u>100,000 </u>
5
the answer we get 20000 per year depreciation. but the equipment is bought on 1st oct, and if assume that the year ends on Dec, 31 so it is measure for 3 month depreciation which is 5000.