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Pachacha [2.7K]
2 years ago
7

Answer the above questions don't spam ​

Business
2 answers:
Anna007 [38]2 years ago
5 0

Answer:

Explanation:

B) current liability

Elenna [48]2 years ago
3 0
The answer is B because it is current liability
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An agent who makes misleading statements that lead to the termination of an existing insurance policy so that a new policy with
SVETLANKA909090 [29]

<span>He has committed "twisting".</span>

<span>
Twisting is intentionally putting forth deceptive expressions that would make a insured to lapse, appoint, or end insurance policy with a specific end goal to switch companies or policies. It is the demonstration of initiating or endeavor to instigate a policy owner to drop a current policy and to take another policy by utilizing deceptions or fragmented correlations of the focal points of the two policies.</span>

4 0
3 years ago
Consider this problem: Fast Auto Service provides oil and lube service for cars. It is known that the mean time taken for oil an
astraxan [27]

Answer:

The maximum time guaranteed = 19.04 minutes.

Explanation:

From the given problem data, we have:

Let Y be the random variable which follows the normal distribution.

So,

Y ~ N(u = 15, SD = 2.4

Where, u = mean and SD = Standard Deviation

Let the maximum time guaranteed is = M

So,

P (Y > M) = 0.05   equation 1

Convert this equation 1 into standard normal variable, that is,

P(Y> M) = 0.05

1 -  P(Y \leq M) = 0.05

P(Y \leq M) = 1 - 0.05

P(Y \leq M) = 0.95

P(\frac{Y-u}{SD} \leq \frac{M-u}{SD} ) = 0.95

P ( Z \leq \frac{M - 15}{2.4} )  = 0.95     Equation 2

From the equation 2, we have,

\frac{M-15}{2.4} = 1.644853627  

1.644853627 value is from using the function of Excel

( =NORSINV(0.95)) = 1.644853627

So,

M = 1.644853627 + 2.4 + 15

M = 19.04

Hence, the maximum time guaranteed = 19.04 minutes.

6 0
3 years ago
Detailed information about the accounting equation is maintained in records commonly called.
Nuetrik [128]

The maintenance of information relating to the accounting equation is done in records known as <u>Accounts</u>.

<h3>What are Accounts?</h3>
  • These are records that allow the storage of financial information.
  • They include the various transactions the business is involved in.

Accounts are very important to a business as they allow the easy compilation of information such that a company is kept abreast of its financial situation.

In conclusion, these are accounts.

Find out more about accounts at brainly.com/question/1436327.

5 0
3 years ago
Holdup Bank has an issue of preferred stock with a $5.95 stated dividend that just sold for $96 per share. What is the bank’s co
Sedaia [141]

Answer:

6.2%

Explanation:

The instrinsic value of the company's preferred stock can be determined as the sum of all discounted dividends. The cashflow pattern of preferred shares is similiar to perpetuity.

Preferred share price = CF/(1 + Cost of preferred stock) + CF/(1 + Cost of preferred stock)^2 + ... + CF/(1 + Cost of preferred stock)^n, or reduced form as

                                      = CF/Cost of preferred stock

Putting all the number together, we get:

96 = 5.95/Cost of preferred stock, or Cost of preferred stock = 6.2%

7 0
3 years ago
A _____________ is a fee levied by your lender that represents pre-paid interest on your mortgage loan.
Tamiku [17]

A foreclosure is a fee levied by your lender that represents pre-paid interest on your mortgage loan.

<h3>What is foreclosure?</h3>

foreclosure serves as the the action of taking in the possession of a mortgaged property in case they fail to meet up with  mortgage payments.

In this case, A foreclosure is a fee levied by your lender that represents pre-paid interest on your mortgage loan.

Learn more about loan on:

brainly.com/question/26011426

#SPJ1

7 0
2 years ago
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