Homework Answers
1.
Option D Both A and C are correct
2.
Deductible is the amount of any loss that must be paid by the
insured
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QUESTION 23 There are seven basic principles all insurance companies are subject to and include___- OA)...
m The formula for computing the net asset value (NAV) of a mutual fund is: NAV=...
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The formula for computing the net asset value (NAV) of a mutual fund is: NAV= liabilities/net worth NAV- liabilities/outstanding stock NAV= net worth/outstanding stock NAV= assets/liabilities There are seven basic principles all insurance companies are subject to and include A) there must be a relationship between the insured and the beneficiary. B) the insured can profit as a result of the insurance coverage. C) the loss must be quantifiable. both A) and C)
Insurance companies collect annual payments from homeowners in exchange for paying to rebuild houses that burn...
Insurance companies collect annual payments from homeowners in exchange for paying to rebuild houses that burn down. a) Why should one be reluctant to accept a $300 payment from one's neighbor to replace his house should it burn down during the coming year? b) Why can an insurance company make that offer? a) Choose the correct answer below. O A. It would be foolish to insure one's neighbor's house for $300 because although one would probably collect $300, there is...
1) A landlord-tenant relationship is characterized by the ________. A) transfer of title to the tenant B) receipt of a nonfreehold estate by the tenant C) creation of a future interest for the tenant...
1) A landlord-tenant relationship is characterized by the ________. A) transfer of title to the tenant B) receipt of a nonfreehold estate by the tenant C) creation of a future interest for the tenant D) free simple absolute ownership of the tenant 2) An estate where the tenant has a right to possess the real property but does not own title to the property is called ________. A) free simple absolute estate B) gifted estate C) nonfreehold estate D) easement...
A homeowners' policy will typically pay up to $500 per plant that is damaged by a...
A homeowners' policy will typically pay up to $500 per plant that is damaged by a covered peril. This is an example of: an aggregate dollar limit an open perils dollar limit C. a specific dollar limit a mixed dollar limit none of the above e. You purchase an annuity for which you will make one payment of $15,000 on your 50 birthday. The annuity will start paying you $400 a month on your 67" birthday until you die. What...
Question 4 (2 points) The term "imaginary audience" refers to adolescents' O A) ability to understand...
Question 4 (2 points) The term "imaginary audience" refers to adolescents' O A) ability to understand how others perceive them OB) false belief that everyone is attending to their behavior and appearance OC) constant posing and posturing for "selfies" D) the belief that others are spying on them Question 5 (2 points) What is Piaget's fourth and final stage of cognitive development? O A) preoperational B) pre-formal OC) concrete D) formal Question 6 (2 points) According to Erikson, the goal...
Discuss in detail any SEVEN (7) advantages that big corporate companies
QUESTION 1 (25 Marks)1.1 Discuss in detail any SEVEN (7) advantages that big
corporate companies aim to take advantage of when considering an
acquisition. (14 marks)1.2 Explain in detail, what is a hostile take-over. (4 marks)
1.3 Explain each of the following types of mergers in detail:1.3.1 Horizontal Merger (3 marks)1.3.2 Vertical Merger (2 marks)1.3.3 Conglomerate Merger (2 marks)QUESTION 2 (25 Marks)The directors of Dell Limited have appointed you as their
financial consultant. They are considering new investment projects
and...
Aflac Insurance Company InformatIon: Aflac is a Fortune 500 insurance company founded in 1955 by three...
Aflac Insurance Company InformatIon: Aflac is a Fortune 500 insurance company founded in 1955 by three brothers, John, Paul and Bill Amos. Today, Aflac employs more than 4,500 people and has more than 71,000 licensed independent agents throughout the United States and Japan. The following is an excerpt from the New York Stock Exchange business summary. “Aflac Incorporated is a general business holding company and acts as a management company, overseeing the operations of its subsidiaries by providing management services...
23. What is the total net amount of capital gain reported on Form 1040? OA. $308...
23. What is the total net amount of capital gain reported on
Form 1040? OA. $308 OB. $2,411 C. $2,719 OD. $2,900
Advanced Scenario 7: Mark and Barbara Matthews Directions Using the tax software, complete the tax return, including Form 1040 and all appropri- ate forms, schedules, or worksheets. Answer the questions following the scenario. Note: When entering Social Security numbers (SSNs) or Employer Identification Numbers (EINS), replace the Xs as directed, or with any four digits of your choice....
please help me do all question , i need it by 5 PM 2. Given the...
please help me do all question , i need it by 5 PM
2. Given the following, what is the amount of Capital? Assets: Premises $20,000; Inventory $8,500; Cash $100. Liabilities: Accounts payable $3,000; Loan from A.Adams $4,000 $21,100 b. $21,600 c. $32,400 3. d. $21,400 A debit balance of $100 in a cash account shows that: 2. There was $100 cash in hand b. Cash has been overspent by $100 $100 was the total of cash paid out d....
QUESTION 1 Manuela has worked as an accountant in her own accounting business, a sole proprietorship,...
QUESTION 1 Manuela has worked as an accountant in her own accounting business, a sole proprietorship, for more than seven years. Among the services she offers is tax return filing and personal investment advising. Which of the following is true of Manuela’s business? A. Manuela has little control over the management and operations of her business. B. Manuela has unlimited liability. C. Outside funding for the business has been easy for Manuela to obtain. D. Manuela had varied and complicated...
m
The formula for computing the net asset value (NAV) of a mutual fund is: NAV= liabilities/net worth NAV- liabilities/outstanding stock NAV= net worth/outstanding stock NAV= assets/liabilities There are seven basic principles all insurance companies are subject to and include A) there must be a relationship between the insured and the beneficiary. B) the insured can profit as a result of the insurance coverage. C) the loss must be quantifiable. both A) and C)
Insurance companies collect annual payments from homeowners in exchange for paying to rebuild houses that burn down. a) Why should one be reluctant to accept a $300 payment from one's neighbor to replace his house should it burn down during the coming year? b) Why can an insurance company make that offer? a) Choose the correct answer below. O A. It would be foolish to insure one's neighbor's house for $300 because although one would probably collect $300, there is...
A homeowners' policy will typically pay up to $500 per plant that is damaged by a covered peril. This is an example of: an aggregate dollar limit an open perils dollar limit C. a specific dollar limit a mixed dollar limit none of the above e. You purchase an annuity for which you will make one payment of $15,000 on your 50 birthday. The annuity will start paying you $400 a month on your 67" birthday until you die. What...
Question 4 (2 points) The term "imaginary audience" refers to adolescents' O A) ability to understand how others perceive them OB) false belief that everyone is attending to their behavior and appearance OC) constant posing and posturing for "selfies" D) the belief that others are spying on them Question 5 (2 points) What is Piaget's fourth and final stage of cognitive development? O A) preoperational B) pre-formal OC) concrete D) formal Question 6 (2 points) According to Erikson, the goal...
QUESTION 1 (25 Marks)1.1 Discuss in detail any SEVEN (7) advantages that big
corporate companies aim to take advantage of when considering an
acquisition. (14 marks)1.2 Explain in detail, what is a hostile take-over. (4 marks)
1.3 Explain each of the following types of mergers in detail:1.3.1 Horizontal Merger (3 marks)1.3.2 Vertical Merger (2 marks)1.3.3 Conglomerate Merger (2 marks)QUESTION 2 (25 Marks)The directors of Dell Limited have appointed you as their
financial consultant. They are considering new investment projects
and...
23. What is the total net amount of capital gain reported on
Form 1040? OA. $308 OB. $2,411 C. $2,719 OD. $2,900
Advanced Scenario 7: Mark and Barbara Matthews Directions Using the tax software, complete the tax return, including Form 1040 and all appropri- ate forms, schedules, or worksheets. Answer the questions following the scenario. Note: When entering Social Security numbers (SSNs) or Employer Identification Numbers (EINS), replace the Xs as directed, or with any four digits of your choice....
please help me do all question , i need it by 5 PM
2. Given the following, what is the amount of Capital? Assets: Premises $20,000; Inventory $8,500; Cash $100. Liabilities: Accounts payable $3,000; Loan from A.Adams $4,000 $21,100 b. $21,600 c. $32,400 3. d. $21,400 A debit balance of $100 in a cash account shows that: 2. There was $100 cash in hand b. Cash has been overspent by $100 $100 was the total of cash paid out d....
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