We will not be able to recover the cost of replacement (less deductible) from the homeowner's insurance policy.
What is homeowner's insurance?This is an insurance that provide cover on the insured's home's structure and belongings in the event of a destructive event such as a fire, storm, hurricane, lighting, flood etc
A natural destruction resulting from a wear and tear is not covered under the homeowner's insurance.
Therefore, you will not be able to recover the cost of replacement from the homeowner's insurance policy.
Read more about homeowner insurance
brainly.com/question/1973043
If an employer in a state with elective workers compensation laws chooses not to be subject to those laws, what does the employer lose?
Answer:it’s common law defenses against liability suits
Explanation:
You borrow money on a self liquidating installment loan (equal payments at the end of each year, each payment is part principal part interest)
Loan amount $989,000
Interest Rate 11. 7%
Life 48 years
Date of Loan January 1, 2021
1. What is the annual payment (round to the nearest $)?
2. What are the total interest payments (round to the nearest $)?
3. After 28 payments have been made, what percentage of the total interest has been paid (round to the nearest percentage point)?
4. After 28 payments have been made, what percentage of the total principal has been paid (round to the nearest percentage point)
5. What is the annual payment (round to the nearest $)?
6. What are the total interest payments (round to the nearest $)?
After 28 payments have been made, what percentage of the total interest has been paid (round to the nearest percentage point)?
8. After 28 payments have been made, what percentage of the total principal has been paid (round to the nearest percentage point)?
The percentage of total interest paid after 28 payments is 69%, and the percentage of total principal paid after 28 payments is 10%.
Calculations of a Loan Annual Payment and Total Interest PaymentsNote: Only questions 1 to 4 are relevant as questions 6 to8 are just repetitions of questions 1 to 4 respectively.
Also Note: See the attached photo for the loan amortization schedule for the self-liquidating installment loan.
From the attached photo, we can answer the questions as follows:
1. Annual payment = $116,287
2. Total interest payments = Total of interest = $4,592,780
3. Percentage of total interest paid after 28 payments = Cumulative interest payment at Year 28 / Total interest payments = $3,152,232 / $4,592,780 = 0.69, or 69%
4. Percentage of total principal paid after 28 payments = Cumulative annual principal at Year 28 / Total principal payments = $103,806 / $989,000 = 0.10, or 10%
Learn more about a loan amortization schedule here: https://brainly.com/question/17261176.
Which scenario is not a violation of your rights as a debtor?
A. A debt collector calls you every hour between 8 a.m. and 3 p.m.
B. A debt collector contacts you at work at 3 p.m.
O C. A debt collector calls you at home at 10 p.m.
D. A debt collector calls you at home at 5:30 a.m.
A scenario that does not describe your rights being violated as a debtor is A. A debt collector calls you every hour between 8 a.m. and 3 p.m.
What are debt collectors allowed to do?Debt collectors are allowed to call you during the daytime from 8 am to 3 pm.
They cannot however call you before 8 am or after 9 pm without your consent as these would be very inconvienient hours. Also, they can't call you at work.
In conclusion, option A is correct.
Find out more on debt collectors at https://brainly.com/question/25919625.
When the government runs a budget deficit, we would expect to see that:.
Answer:
We will expect to see the government spending more of the money than it is bring to the table/bringing in the money, and in this situation the national savings will be decreasing, and when they do lower, the investments/primary stores will also be decreasing. And if this happen the lowering investments leads to lower long-term economic growth.
Explanation
Old town entertainment has two employees in year 1. clay earns $4,300 per month, and philip, the manager, earns $10,700 per month. neither is paid extra for working overtime. assume the social security tax rate is 6 percent on the first $110,000 of earnings and the medicare tax rate is 1.5 percent on all earnings. the federal income tax withholding is 15 percent of gross earnings for clay and 21 percent for philip. both clay and philip have been employed all year.
required:
a. calculate the net pay for both clay and philip for march.
b. calculate the net pay for both clay and philip for december.
c. is the net pay the same in march and december for both employees?
It is to be noted that:
the March Net Pay for Clay and Philip are $ 9,997.5 and $ 23,227.5 respectively;December Net Pay for both Clay and Philip are $39,990 and $ 92,910 respectively. Is the net pay the same in March and December for both employees?No. The net pay isn't the same in March and December for both employees.
What is Net Pay?Net Pay refers to the balance of one's income after all deductibles have been removed.
Deductibles include:
Social Security TaxFederal Income TaxMedicare Tax etc.See the attache and Learn more about Net Pay at:
https://brainly.com/question/13793671
If the planned budget revenue for 5,000 units is $120,000, the flexible budget revenue for 4,500 units is ______.
Based on the planned budget revenue, the flexible budget revenue for 4,500 units will be $108,000.
What is the flexible budget revenue?First find the selling price under the planned budget:
= 120,000 / 5,000
= $24
The flexible budget revenue will be:
= 24 x 4,500 units
= $108,000
In conclusion, the flexible budget revenue is $108,000.
Find out more on the flexible budget at https://brainly.com/question/25353134.
A financial institution or commercial bank that purchases a business' accounts receivable at a discount and then keeps what they collect is a(n) ______.
A financial institution that purchases a business' accounts receivable at a discount and then keeps what they collect is a(n) factor.
What is account receivable?Account receivable is an asset and can be defined as the amount a company is expected to receive from their client for the service they rendered to the client.
When a financial institution buy a business account receivable at a discounted price or rate by keeping the amount they collected this is tend to be known as a factor.
Therefore a financial institution that purchases a business' accounts receivable at a discount and then keeps what they collect is a(n) factor.
Learn more about Account receivable here:https://brainly.com/question/24848903
#SPJ1
Harassment is to torment or bother continually?
Answer:
The answer is True
Explanation:
Harrasment is when you bother someone nonstop on something they dont like or something mean.
-Justin
You just won the lottery. congratulations! the jackpot is $10,000,000, paid in eight equal annual payments. the first payment on the lottery jackpot will be made today. in present value terms, you really won —assuming annual interest rate of 8.00%.
Answer:
An annuity that pays $1,000 at the beginning of each year
PTM of the annuity selling for 2,541.15 $ 437.50
Present value of the Jackpot: $62,063,701
Explanation:
Because is at the beginning, the 1,000 will be generating interest right away.
So even the 500 at the beginning will have a slightly higher rate, it cwon't compensate the 1,000 upfront.
PLEASE HELP ASAP
If you were to taking a loan out for a car. what loan is the best?
Answer:
a loan from the bank or the car manufacturers
Answer:
Financial loan or a loan rom the bank will be better!!!!!!!!!!!!!
Explanation:
HOPE IT HELPS UUUUUUUUUUUU!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
An upward shift in the consumption function, other things being equal, could be caused by households: a. becoming pessimistic about the state of the economy. b. becoming optimistic about the state of the economy. c. expecting future income and wealth to decline. d. experiencing a tax increase.
Sometimes, when there is an optimistism on an economy from the households, this could cause an upward shift in the consumption function,
What causes upward shift in the consumption function?Where there is a significant positive returns in the stock market that can increase consumer wealth this could cause the autonomous consumption to increase.
Hence, if there is an optimistism from households, this could cause an upward shift in the consumption function as well.
Therefore, the Option B is correct.
Read more about consumption function
brainly.com/question/14975005
The Revised Act permits a corporation to purchase, redeem, or otherwise acquire its own shares unless:
Answer:
The corporation's total assets after the distribution would be less than the sum of its total liabilities and the maximum amount that then would be payable for all outstanding shares having preferential rights in liquidation. The corporation would be unable to pay its debts as they become due in the usual course of its business.
Explanation:
A customer is looking at a Canyon Meadow jacket, made by Columbia Sportswear Company. Write two questions to determine the customer’s previous experience with the Columbia Sportswear Company (manufacturer of the Canyon Meadow jacket) and its products.
Answer:
a- have you ever run out of products before?
b- are you replacing your old one for a new one?
Explanation:
Amounts received in advance from customers for future products or services: Multiple Choice Are revenues. Increase income. Are liabilities. Are not allowed under generally accepted accounting principles (GAAP). Require an outlay of cash in the future.
The amounts received in advance from customers for future products or services C. are liabilities.
What is a liability?A liability is a financial obligation owed by an entity to another.
A liability results in the fulfillment of a future financial obligation.
The future financial obligation involves the payment of economic benefits or resources to the other entity.
Thus, the amounts received in advance from customers for future products or services C. are liabilities.
Learn more about liabilities at https://brainly.com/question/24401217
Explain one reason why gentrification occurs in the united states and canada.
The main reason why gentrification occurs in the USA is because of the wealth gap between the poor and the rich.
What is Gentrification?This refers to the process where a particular neighborhood is changed through the sudden influx of more wealthy residents..
Hence, it can be inferred that gentrification is popular in the United States of America based on the fact that the main reason why gentrification occurs in the USA is because of the wealth gap between the poor and the rich.
Read more about gentrification here:
https://brainly.com/question/27252250
The short-run aggregate supply curve is more useful than the curves for other time horizons because real-world economies ______. Multiple choice question.
The short-run aggregate supply curve is more useful than the curves because it changes price level and output levels simultaneously.
What is a short-run aggregate supply curve?A short-run aggregate supply curve simply allows one capture how the firm will be able to respond to price stickiness in an economy.
In this case, the short-run aggregate supply curve is more useful than the curves for other time horizons because real-world economies because it changes price level and output levels simultaneously.
Learn more about supply curve on:
https://brainly.com/question/26430220
According to the national institute for occupational safety and health, how many united states employees feel stressed at work?.
The national institute indicated that about 40% of U.S. workers feel stressed at work.
What is a job stress?This refers to any harmful physical and emotional responses that occur when the requirements of the job do not correspond with the resources or need of the worker.
These job stress have a tendency to result to bad mental health, risk of anxiety, burnout, depression etc.
Read more about job stress
brainly.com/question/11819849
#SPJ1
On september 12, vander company sold merchandise in the amount of $7,600 to jepson company, with credit terms of 2/10, n/30. the cost of the items sold is $5,800. vander uses the periodic inventory system and the gross method of accounting for sales. the journal entry or entries that vander will make on september 12 is:_________
If Vander Company uses the periodic inventory system and the gross method of accounting for sales, the journal entry on September 12 is as follows:
Journal Entry:September 12:
Debit Accounts Receivable $7,600
Credit Sales Revenue $7,600
To record the sale of goods with credit terms of 2/10, n/30.What is a periodic inventory system?A periodic inventory system does not record the cost of goods sold or maintain an inventory account for inventory transactions until the end of the period.
Under the periodic inventory system, the cost of goods sold is determined in the income statement as the beginning inventory + purchases - ending inventory.
Thus, there are no accounts for the cost of goods sold and inventory because inventory purchased is recorded in the purchases account instead of the inventory account.
Transaction Analysis:Accounts Receivable $7,600 Sales Revenue $7,600
Terms 2/10, n/30.
Thus, if Vander Company uses the periodic inventory system and the gross method of accounting for sales, the journal entry is a debit to the Accounts Receivable account and a credit to the Sales Revenue account for the credit sales only.
Learn more about recording sales transactions at https://brainly.com/question/25347238
What year does apple aim to achieve net zero carbon impact?.
Answer:
Apple aims to achieve a zero-carbon footprint by 2030
Explanation:
Specific factors of a venture being offered for sale that should be examined include a. the industry growth rate. b. strength of competitive forces. c. weaknesses, opportunities, and threats. d. all of the above.
Specific factors of a venture being offered for sale that should be examined include d. all of the above.
What is venture ?venture can be regarded as a business enterprise which involves making a risk as as to the make profit.
Therefore, when making a venture , weaknesses, opportunities, and threats should be take into consideration.
learn more about venture at:
https://brainly.com/question/4467038
#SPJ1
You purchased a share of stock for $12. One year later, you received $0.50 as a dividend and sold the share for $13.25. What was your holding-period return?
The Holding-period return equals 14.58%.
What is the Holding-period return?This refers to the total return that is earned on an investment during the time that it has been held.
Holding-period return = ($0.50 + $13.25 - $12) / $12
Holding-period return = $1.75 / $12
Holding-period return = 0.145833333
Holding-period return = 14.58%
Therefore, the Holding-period return equals 14.58%.
Read more about Holding-period return
brainly.com/question/20383546
#SPJ1
Trends among category killers such as Staples for office supplies and Best Buy for electronics include price matching and ________ to compete with online retailers.
Price matching and Shipping directly are trends office supplies and Best Buy offers, which can compete with ratailers online who sells similar products.
What is marketing?Marketing refers to the process of getting people interested in a company's product or service. It is a process a company undertakes to promote the buying or selling of a product or service.
The essence is to create awareness of the product to potential buyers so that they can purchase the products.
Hence, trends among category killers such as Staples for office supplies and Best Buy for electronics include price matching and Shipping directly from any store rather than just warehouses
Learn more about marketing here : https://brainly.com/question/25369230
Drive-through restaurants next to freeways may charge higher prices than those restaurants farther away from freeways. this is most likely due to __________
Drive-through restaurants close to freeways might charge higher prices due to accessibility.
Why would drive-throughs closer to the freeway charge more?Accessibility plays a major part in pricing, be it in housing or in getting fast foods.
Drive-throughs that are closer to the freeway are easier to access for most people and so restaurants will take advantage of that to charge higher prices knowing that people will pay those prices because the restaurant is accessible to them.
Find out more on accessibility at https://brainly.com/question/24280370.
Fidelity investments is one of the largest mutual fund and brokerage services providers worldwide. it has various offices in cities across the united states. in each office customer, contact personnel have a well-groomed, professional appearance. the inside of the office is clean and attractive. these visible cues are an attempt to deal with the problem of _______ common to service organizations
These visible cues are an attempt to deal with the problem of trust common to service organizations. Hence, the purpose of these cues is to generate much trust from the customers.
Common Customer Service ProblemsThe following are the common customer service problems encountered by the customers:
Long time in responseImpatience on the part of the Customer representative to Listen to the Needs of the customerCustomer Transfer from one department to anotherRudeness on the part of Customer Service agent towards the ClientsInability to offer a solution to the CustomerInability of the Customer Service agent to fulfil Promises.Therefore, these cues are in place to earn trust from the customers.
learn more about Customer Service Problems: https://brainly.com/question/4110146
Compared to college seniors who do not have student loan debt, seniors who have student loan debt are _____.
Compared to college seniors who do not have student loan debt, seniors who have student loan debt are known to have a crisis that affects them in the future.
What is a student loan?This is a type of loan that is offered to students in the United States of America. The aim of these loans is to help the students with finance for their tertiary education.
The loans are meant to cater for their tuition, books and other college fees in the school.
Read more on college loans here: https://brainly.com/question/25968229
Use the calculator to complete the following
conjectures about determinants
Matrix Calculator
Change A
Change
BV
If any row of a matrix contains all zeroes the
determinant is equal to
DONE
0
0
0
0
L
[
]
[
]
0
0
0
0
C = 1
d = 1
Operation
Select Operation
Result
undefined
Intro
Answer:
0
0
0
1
Explanation: ur welcome
Click this link to view o*net’s work styles section for helpers—production workers. note that common work styles are listed toward the top and less common work styles are listed toward the bottom. according to o*net, what are some common work styles needed by helpers—production workers? select four options.
staffing/hiring
dependability
adaptability/flexibility
attention to detail
language
cooperation
Answer:
2,3,4,6 dependability, adaptability/felxibility, attention to detail, cooperation.
Explanation:
I did it and got it right
The common work styles needed by helpers—production workers are dependability, adaptability/flexibility, attention to detail and cooperation.
Production employees are skilled personnel that maintain production by monitoring machinery to ensure product quality. They work on an assembly line, maintaining and cleaning factory machinery, and carefully assembling products in compliance with all safety regulations.
In factories, production workers create and put together goods. They run and maintain the equipment, guarantee that manufacturing requirements are maintained, finish the items, and get them ready for shipping.
Learn more about production work here:
https://brainly.com/question/1665837
#SPJ7
The earnings gap in the U.S. labor market between black and white workers ___________ in the 1960s and 1970s, but, since 1980, the gap __________.
In the 1960s and the 1970s, the earnings gap between Black and White workers fell substantially. However, since 1980, it has pretty much remained the same.
Is there a gap between earnings of White and Black workers?There has always been a gap between the amounts paid to Black and White workers but this gap fell significantly in the 1960s and the 1970s.
Since the 1980s however, the gap has not moved by much which is why White workers still earn more on average.
Find out more on earnings gaps at https://brainly.com/question/11655105.
5.01 Four Types of Utility Marketing Worksheet All four types of utility must be present for consumers to be satisfied; none of them can be overlooked. Students will list 10 diverse types of products/services. Provide an example of each utility for the product/service.
Answer:
20.
37. 42 is the answer
Explanation:
Wyalusing Industries has manufactured prefabricated houses for over 20 years. The houses are constructed in sections to be assembled on customers’ lots. Wyalusing expanded into the precut housing market when it acquired Fairmont Company, one of its suppliers. In this market, various types of lumber are precut into the appropriate lengths, banded into packages, and shipped to customers’ lots for assembly. Wyalusing designated the Fairmont Division as an investment center. Wyalusing uses return on investment (ROI) as a performance measure with investment defined as average productive assets. Management bonuses are based in part on ROI. All investments are expected to earn a minimum return of 16 percent before income taxes. Fairmont’s ROI has ranged from 29. 2 to 32. 4 percent since it was acquired. Fairmont had an investment opportunity in 20x1 that had an estimated ROI of 28 percent. Fairmont’s management decided against the investment because it believed the investment would decrease the division’s overall ROI. The 20x1 income statement for Fairmont Division follows. The division’s productive assets were $23,100,000 at the end of 20x1, a 5 percent increase over the balance at the beginning of the year.
Fairmont Division Income Statement For the Year Ended December 31, 20x1 (in thousands) Sales revenue 22,500 Cost of goods sold 13,900 Gross margin 8,600 Operating Expenses: Administrative 1,800 Selling 4,300 6,100 Income from operations before income taxes 2,500.
Required:
1. Calculate the following perofrmance measures for 20x1 for the Fairmont Division.
a. Return on Investment (ROI)
b. Residual Income
2. Would the management of Fairmont Division have been more likely to accept the investment opportunity it had in 20X1 if residual income were used as a performance measure instead of ROI? Explain your answer
1. The performance measures for 20x1 for the Fairmont Division are as follows:
a. Return on Investent (ROI) is 11.09%.
b. Residual Income is ($1,108,000).
What is a performance measure?A performance measure is a technique that measures outcomes or results, enabling management, lenders, and investors to gauge the effectiveness and efficiency of their investments.
A performance measure may be applied to the following resources:
Human resourcesEmployee timeFundingInvestments.Data and Calculations:Required minimum return = 16% before taxes
Ending productive assets = $23,100,000
Beginning productive assets = $22,000,000 ($23,100,000/1.05)
Average productive assets = $22,550,000 ($23,100,000 + $22,000,000)/2
Return on Investment = Income from operations before income taxes/Average productive assets x 100
= $2,500/$22,550 x 100
= 11.09%
Residual Income = Income before taxes - Cost of Capital or (Average productive assets x Minimum Required Returns)
= $2,500,000- ($22,550,000 x 16%)
= $2,500,000 - $3,608,000
= ($1,108,000)
Thus, while the Return on Investment (ROI) is 11.09%, the Residual Income is ($1,108,000).
Learn more about return on investment and residual income at https://brainly.com/question/22985922
