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timurjin [86]
2 years ago
9

Michael’s personal property in his college dorm room is insured by an endorsement on his parents’ homeowners insurance. The dedu

ctible is $2,000. A flood destroys Michael’s textbooks, which cost $570.93 tablet computer, which cost $868.91 backpack, which cost $141.37 and clothing, valued at $500. How much of the loss will the insurance policy not cover?
Business
1 answer:
Anika [276]2 years ago
6 0

Answer:

81.21.

Explanation:

all you would need to do is add up all the values then subtract 2000.

please rate and mark as brainlest.

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Answer:

That's just how they are lol

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3 years ago
A balanced budget is present when a. the economy is at full employment. b. the actual level of aggregate spending equals the pla
photoshop1234 [79]

Answer:

d. government revenues equal government expenditures.

Explanation:

A balanced budget refers to a situation in which earnings are equal or greater than the expenses. Usually this term is used when talking about government budget and this is a budget that has no deficit and that it is possible than can have a surplus which helps to avoid leaving big debt for the future that can posses problems. According to this, a balanced budget is present when government revenues equal government expenditures.

4 0
3 years ago
etermining Gross Profit During the current year, merchandise is sold for $990,000. The cost of the merchandise sold is $693,000.
otez555 [7]

Answer:

Results are below.

Explanation:

<u>A: To calculate the gross profit, we need to use the following formula:</u>

Gross profit= sales - cost of goods sold

Gross profit= 990,000 - 693,000

Gross profit= $297,000

B: <u>Now, the gross profit percentage:</u>

Gross profit percentage= (gross profit / sales)*100

Gross profit percentage= (297,000 / 990,000)*100

Gross profit percentage= 30%

C: F<u>inally, a net income is reported in the income statement at the moment of the sale</u>. It doesn't matter if the sale was paid or not.

6 0
2 years ago
Compare and contrast the penalties in a civil and criminal trial.
Vladimir79 [104]

Answer: Compare and contrast the penalties in a civil and criminal trial. In a criminal trial, a defendant can be sentenced to jail time, can be fined, and can be forced to undergo some treatment or remedy. In a civil trial, a defendant can be assessed damages and can be coerced to follow through on an agreement.

Explanation: HOPE IT HELPS :)

6 0
3 years ago
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In an economy in which decisions are guided by prices and individual self-interest, there isa. the potential to achieve efficien
S_A_V [24]

In a market economy, like the one described in the question, there is the potential to achieve efficiency in production. This is because producers can choose what they produce and can focus on the products they are good at. This can help with economies of scale and efficiency.

3 0
3 years ago
Read 2 more answers
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