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Lubov Fominskaja [6]
3 years ago
15

Which of the following is not a bad faith action

Business
1 answer:
dimulka [17.4K]3 years ago
7 0

Answer:

Examples of bad faith include undue delay in handling claims, inadequate investigation, refusal to defend a lawsuit, threats against an insured, refusing to make a reasonable settlement offer, or making unreasonable interpretations of an insurance policy.

Explanation:

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A diesel-powered tractor with a cost of $186,240 and estimated residual value of $5,700 is expected to have a useful operating l
scoundrel [369]

Answer:

$612

Explanation:

To compute the depreciation, first we have to compute the depreciation per hour which is given below:

= (Cost of diesel-powered tractor  - estimated residual value) ÷ (useful operating life)

= ($186,240 - $5,700) ÷ (59,000 hours)

= ($180,540) ÷ (59,000 hours)

= $3.06 per hour

Now the depreciation would be

= Operated hours  × depreciation per hour

= 200 units × $3.06

= $612

7 0
3 years ago
Forty-three percent of Americans use social media and other websites to voice their opinions about
rjkz [21]

Answer:

(a) 0.2896 (b) 0.5029 (c)0.5758 (d)In this case they are dependent  because the gender is segregated as social media user or not as asocial media worker. the probability and variable is tied to it

Explanation:

Solution

(a)In a survey of 1,364 people, 395 were females who used social media and 232 did not. of males 232 use social media and 355 did not

To make or develop a probability table, take each group and divide their number by their total for example female that use social media is 395 of a total of 1364

395/1364 =0.2896

The probability that a woman uses social media in the survey is 0.2896

so,

                                  A              B              T

Female                  0.2896       0.2133      0.5029

Male                      0.2368       0.2603     0.4971

Total                      0.5264      0.4736       1.00

(b) To find the probability  of a surveyed person being a female, we divivde the total number of females by the whole number, shown below

686/1364 = 0.5029

(c)Conditional probability is defined using the formula which is shown below:

P(A/B) = P(A∩B)/P(B)-------(1)

Where P(A∩B) is the probability of females that use social media 0.2896 and P(B) is the total female probability which is 0.5029

Now we substitute the values in the equation 1 and calculate the probability as shown below:

P(A/B) = 0.2896/0.5029 =0.5758

the conditional probability that are surveyed person is female and uses social media is 0.5758

(d) In this case they are dependent  because the gender is segregated as social media user or not as asocial media worker. the probability and variable is tied to it

3 0
3 years ago
One form of program planning includes discipline strategies that help to
alexdok [17]
B is the answer
dkljhgkfd
6 0
3 years ago
Read 2 more answers
For each situation, prepare the appropriate journal entry for the redemption of the bonds.
natali 33 [55]

Answer and Explanation:

a) Discount:

Carrying Value:$106,554

Face Value:($118,000)

Discount:($11,446)

Calculate Gain/Loss:

Carrying Value:$106,554

Redemption Price:($120,360)

[118,000*102]

Loss:(13,806)

April 30 2022

Dr Bonds Payable $118,000

Dr Loss on Redemption $13,806

Cr Discount on Bonds Payable $11,446

Cr Cash $120,360

(Record retirement of bond at loss.)

(b)Calculate Premium:

Carrying Value:$271,021

Face Value:($250,400)

Premium:$20,621

Calculate Gain/Loss:

Carrying Value:$271,021

Redemption Price:($240,384)

[$250,400*96]

Gain$30,637

June 30, 2022

Dr Bonds Payable $250,400

Dr Premium on Bonds Payable $20,621

Cr Gain on Redemption $30,637

Cr Cash $240,384

(Record retirement of bond at gain.)

3 0
3 years ago
During 2017 sales on account were $866000 and collections on account were $522000. Also during 2017 the company wrote off $42500
Komok [63]

Answer:

There is a change of $27,500 (decrease)

Explanation:

Cash realizable value is the amount of money that the company expects to receive from their accounts receivable after deducting all uncollectible accounts.

First, we must compute the change in gross accounts receivable from the transactions happened during the year.

Sales on account less collections less write-offs = change in Gross accounts receivable.

$866,000 - ($522,000 + $42,500) = $301,500 (increase in gross accounts receivable)

Finally, we can now compute the change in cash realization value by deducting uncollectible accounts to gross accounts receivable.

$301,500 - $329,000 = ($27,500)

4 0
4 years ago
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