How much would a homeowner receive with actualâ cash-value coverage and replacement cost coverage for aâ three-year old sofa destroyed by aâ fire? The sofa would cost $1,200 to replaceâ today, whereas it cost $942 three yearsâ ago, and it has an estimated life of six years.
With actualâ cash-value coverage, the amount the owner would receive for the sofa would be ?

Answers

Answer 1

Answer:

$729

Explanation:

We can calculate the actual cost value by first multiplying the purchase value by the depreciation rate and after that deducting that amount from the replacement cost.

DATA

Replacement value = $1,200

Purchase value = $942

Depreciation rate  = 3 years/6 years = 0.5

Solution

Acutal cost value = Replacement value - ( Purchase value x Depreciation rate)

Acutal cost value = $1200 - ($942 x 0.5)

Acutal cost value = $729


Related Questions

If the demand during review cycle is equal to 12, the demand during lead time is 11, and the safety stock is equal to 8, what is the order point

Answers

Answer:

the order point is 19

Explanation:

The computation of the order point is shown below:

Order point is

= Demand during lead time + safety stock

= 11 + 8

= 19

hence, the order point is 19

We simply applied the above formula so that the correct value could come

And, the same is to be considered

And ignored the demand during review cycle as it is relevant for the calculation of the order point  

At what point should consumers stop researching a product?

when the research costs more than the potential savings
when they want to make an immediate purchase
when the government does the research for them
when they know they have waited long enough to buy

Answers

Answer:

A. When the research costs more than the potential savings

This is correct on Edg :)

A consumer should stop researching a  product when the research costs more than the potential savings.

What is a consumer?

A consumer is the final user of a purchased product or service. Consumers can either be an individual or group of people who purchase or  use goods and services solely for personal use, and not for the manufacturing or resale.

Consumers are the people or organizations that purchase products or services. They are humans or other economic entities that use a good or service. Furthermore they do not sell on that that they bought.

They are the end-users in the sales distribution chain. A company that buys a printer for company use. The customer is the company who purchased the printer, and the consumers are the employees using the printer . The company doesn't intend to resell the printer.

Learn more about Consumers here:

https://brainly.com/question/27773546

#SPJ6

Within the context of the circular flow of income model, what is the role of financial intermediaries?

Answers

Answer:

The role that financial intermediaries play in that diagram of the economy is to leakage or inject money.

Explanation:

To begin with, the concept known as "Circular Flow of Income" refers to a model that is famously known in the economics sciences due to the fact that it is a graphic that shows how the primary entities of the economy of a country interact with each other in order to have a particular outcome expected in the diagram. Therefore that in that context, the financial institutions play the role of intermediaries inside the flow meaning that the can they can either leakage or inject money to the flow. The first one they do it by helping the households to save money in accounts. And the second one they do it by helping the private sector in terms of investing regarding businesses.

How might you balance personal values with the desire to make a profit?

Answers

Answer:

Every investor who ventures into the world of stock investments and finance does so with the clear objective of obtaining an economic gain: it is his clear purpose, and there is no other reason to take the risk than to obtain a benefit greater than the risk assumed. .

Now, each investor is a completely different individual from the others, and in that tenor, each of them has personal values that may be completely different from each other. Thus, each investor must balance her economic interests with her personal values: for example, a conservative and religious investor must analyze in her private heart if she wishes to invest in a company that finances research on abortion.

In this context, in my case my personal convictions do not influence my work, that is, investing is part of my work activity and therefore, my opinions are put aside when considering the investment that can provide the most profits.

A recession tends to cause the federal budget deficit to ________ because tax revenues ________ and government spending on transfer payments ________.

Answers

Answer: increase, fall, rise

Explanation:

A recession brings about a reduction in the activity in an economy as there is a reduction in the goods that are demanded. When there's recession, the budget deficit tends to worsen as government spends more. This is due to the fact that there's a reduction in the taxes as lesser goods are demanded and there's an increase in unemployment. Also, the government's spending on transfer payment will also increase.

Jarvis is a coffee farmer who wants to hedge his entire coffee crop that will be harvested by September. The December coffee contract (which consists of 37,500 pounds of coffee) is trading at $2.00 per pound, which the farmer views as a profitable price. To hedge the entire crop, which is expected to weigh 150,000 pounds, at the best price, Jarvis should:

Answers

Answer: Sell four December coffee future contracts at $2.00 per pound

Explanation:

Based on the scenario in the question, the number of contracts that is required for hedging the entire crop will be gotten by dividing the total number of crops by the pounds that are available in one contract. This will be:

= 150,000/37,500

= 4 contracts

Therefore, the answer will be for Jarvis to sell four December coffee future contracts at $2.00 per pound

One of the major benefits of using a balanced scorecard is the recognition that business success is driven by factors in addition for the financials. True False

Answers

Answer:

True

Explanation:

The major benefits of using a balanced scorecard is the recognition that business success is driven by factors in addition for the financials.

This is true because the balanced scorecard helps in the balanced assessment of the different factors such as key strategic decisions etc are also responsible for an organization’s growth and developments asides the financials alone.

True, one of the major benefits of balanced scorecard is that its helps recognize factors which are necessary to drive a business success.

The Balanced scorecard is a management performance metric which helps to identify and improve the company's internal operations to help their external outcomes.

The Balanced scorecard forms part of internal factors which can be controlled and helps to measures past performance data as well as provides feedback to make better decisions.

Therefore, it is true that one of the major benefits of balanced scorecard is that its helps recognize factors which are necessary to drive a business success.

Learn more about Balanced scorecard here

brainly.com/question/16942444

Curly and Rita are married, file a joint return, and have two dependent children, ages 11 and 13. Their AGI is $417,000. By how much is their child credit reduced in 2019?a. $0.b. $300.c. $350.d. $700.e. $7.000.

Answers

Answer:

$850

Explanation:

child credit 2019 = $2,000 per qualifying child under age 16

in this case, both children qualify, so total tax credit could be up to $4,000

but their tax credit will partially phase out because their AGI is higher than $400,000:

phase out = [($417,000 - $400,000) / $1,000] x $50 = 17 x $50 = $850

the available child tax credit = $4,000 - $850 = $3,150

If taxes or assessments on leased premises are increased because of improvements made by the tenant the: ___________.

Answers

Answer:

The options are:

A.Landlord is only liable for such increase if the improvement stay within the property

B. Landlord is liable for such increases whether or not the improvements stay with the property

C. Landlord is liable for such increases only to the extent that the improvement actually increases the fair market value of the property.

D. Tenant is always liable for such increases.

The answer is A.Landlord is only liable for such increase if the improvement stay within the property

Taxes or assessments on leased premises are increased because of improvements made by the tenant and the Landlord is only liable for such increase if the improvement stay within the property.

the franlkin corpoation is expexted to pay a dividend of 1.01 per share at the end of the year the stock sells for 64.39 per shar required rate return is 7.75% what is the equiliburm growth rate

Answers

Answer:

The equilibrium growth rate is 6.18%.

Explanation:

This is calculated by using the Gordon growth model (GGM) formula which is based on the assumption that dividend growth rate will be stable year after year forever. The formula is as follows:

P = d / (r - g) ……………………………………… (1)

Where;

P = current share price = 64.39

d = expected dividend = 1.01

r = required return = 7.75%, or 0.0775

g = equilibrium growth rate = ?

Substituting the values into equation (1) and solve for g, we have:

64.39 = 1.01 / (0.0775 - g)

64.39(0.0775 - g) = 1.01

4.990225 - 64.39g = 1.01

4.990225 - 1.01 = 64.39g

3.980225 = 64.39g

g = 3.980225 / 64.39

g = 0.0618143345239944, or 6.18143345239944%

Rounding to 2 decimal places, we have:

g = 6.18%

Therefore, the equilibrium growth rate is 6.18%.

he Talley Corporation had a taxable income of $345,000 from operations after all operating costs but before (1) interest charges of $69,000, (2) dividends received of $17,250, (3) dividends paid of $20,700, and (4) income taxes.What are the firm's income tax liability and its after-tax income

Answers

Answer:

(a) The firm's Income tax liability is $59,771.25.

(b) The firm's after-tax income is $233,478.75.

Explanation:

Note: This question is not complete. The complete question is therefore provided before answering the question as follows

The Talley Corporation had a taxable income of $345,000 from operations after all operating costs but before (1) interest charges of $69,000, (2) dividends received of $17,250, (3) dividends paid of $20,700, and (4) income taxes. Its federal tax rate was 21% (ignore any possible state corporate taxes). Recall 50% of dividends received are tax exempt. What are the firm's income tax liability and its after-tax income?

The explanation to the anwer is now given as follows:

Adjusted taxable income = Income after operation - Interest charges + Taxable dividend received ................. (1)

Where;

Income after operation = $345,0000

Interest charges = $69,000

Taxable dividend received = 50% * $17,250 = $8,625

Substituting the values into equation (1), we have:

Adjusted taxable income = $345,000 - $69,000 + $8,625 = $284,625

(a) Income tax liability = Adjusted taxable income *  Tax rate = $284,625 * 21% = $59,771.25

(b) After-tax income = (Adjusted taxable income - Income tax liability) + (50% of dividend received) = ($284,625 - $59,771.25) +  (50% * $17,250) = $224,853.75 + $8,625 = $233,478.75

Assume that the custodian of a $810 petty cash fund has $182.50 in coins and currency plus $598.50 in receipts at the end of the month. The entry to replenish the petty cash fund will include:_____

a. A credit to Cash Over and Short for $628.
b. A debit to Petty Cash for $598.50.
c. A debit to Cash Over and Short for $29.00.
d. A credit to Cash for $598.50.
e. A debit to Cash for $570.

Answers

Answer: c. A debit to Cash Over and Short for $29.00.

Explanation:

Difference between petty cash allocation and petty cash balance and receipts

= 810 - (598.50 + 182.50)

= $29

This $29 will be debited to the Cash Over and Short Account along with Expenses of $598.50. The total of these two will then be credited to the Cash account to replenish the money in Petty Cash back to the allocation of $810.

What are the criteria Jason should use in evaluating investment alternatives? 2.What questions does this case raise that you need to have answered before you can invest your funds more intelligently? Where could you find answers to such questions?What are the criteria Jason should use in evaluating investment alternatives? 2.What questions does this case raise that you need to have answered before you can invest your funds more intelligently? Where could you find answers to such questions?What are the criteria Jason should use in evaluating investment alternatives? 2.What questions does this case raise that you need to have answered before you can invest your funds more intelligently? Where could you find answers to such questions?What are the criteria Jason should use in evaluating investment alternatives? 2.What questions does this case raise that you need to have answered before you can invest your funds more intelligently? Where could you find answers to such questions?What are the criteria Jason should use in evaluating investment alternatives? 2.What questions does this case raise that you need to have answered before you can invest your funds more intelligently? Where could you find answers to such questions?

Answers

No one is gonna anwser this gl

Firm A has a value of $200 million, and B has a value of $120 million. Merging the two would allow a cost savings with a present value of $30 million. Firm A purchases B for $130 million. How much do firm A's shareholders gain from this merger?A. $30 millionB. $20 millionC. $15 millionD. $10 million

Answers

Answer:

A's shareholder would gain = $20 million

Explanation:

Given:

Value of firm A = $200 million

Value of firm B = $120 million

Cost saving = $30 million

Computation:

Premium paid  = $130 million  - $120 million

Premium paid = $10 million

A's shareholder would gain = Cost saving - Premium paid

A's shareholder would gain = $30 million - $10 million

A's shareholder would gain = $20 million

On January 1, 2020, Ivanhoe Company purchased 12% bonds, having a maturity value $325,000 for $349,639.81. The bonds provide the bondholders or premium. The bonds are classified as available-for-sale category. The fair value of the bonds at December 31 of each year-end is as follows. 2020 $347,400 2023 $334,900 2021 $333,800 2024 $325,000 2022 $332,800 (a) Prepare the journal entry at the date of the bond purchase. (b) Prepare the joumal entries to record the interest revenue and recognition of fair value for 2020. (c) Prepare the journal entry to record the recognition of fair value for 2021. (Round answers to 2 decimal places, e.g. 2,525.25.

Answers

Answer:

a.                           Ivanhoe Company

                               Journal Entries

Date        Particulars and Explanation          Debit              Credit

1-Jan-20   Investment in Bond                   $325,000

                 Premium on bond investment $24,639.81  

                        To Cash                                                      $349,639.81

                 (Being investment in bond recorded)

b.                           Ivanhoe Company

                               Journal Entries

Date          Particulars and Explanation       Debit        Credit

31-Dec-20  Interest receivables                  $39,000

                          To Interest revenue                              $34,963.98

                           ($349,639.81*10%)

                           To Premium on bond investment        $4,036.02

                (Being revenue recognition for bond interest

                  and premium amortized)

31-Dec-20     Fair value adjustment              $1,796.21

                         To Unrealized holding gain or loss (OCI) $1,796.21

                          [$347,400 - ($349,639.81 - $4,036.02)]

                   (To record adjustment fair value)  

c.                             Ivanhoe Company

                               Journal Entries

Date            Particulars and Explanation          Debit        Credit

31-Dec-21     Unrealized holding gain or loss  $9,160.38  

                           To Fair value adjustments                        $9,160.38

                           ([$349,639.81 - $4,036.02 - $4,439.62  

                            + $1,796.21) - $333,800]

                     (To record adjustment fair value)

Costco is an example of _______ warehouse. Group of answer choices Hub and spoke system Assortment Spot stock Break bulk

Answers

Answer:

Hub and spoke system

Explanation:

Costco Wholesale Corporation is a company that operates in the warehouse industry. They store merchandise at a lower cost than other wholesale or retail sources.

They aim to reduce warehousing cost for small and medium scale businesses.

In the hub and spoke system each component of the warehousing system are independent and contribute to the central warehousing activity.

It is also called the master feeder structure.

Freight traffic is moved to the central hub through spokes that are arranged around the centre like a wheel.

This system reduces the travel time and therefore is more efficient with lower cost

The average lead time of a unit of product through a manufacturing station is 18 minutes. The average work in process inventory at this station has been 30 pieces. What is the production rate?

a. 3.0 pieces/min
b. 0.33 pieces/min
c. 1.66 pieces/min
d. 0.83 pieces/min

Answers

Answer:

Production rate = 1.66 pieces/min (Approx)

Explanation:

Given:

Average lead time = 18 minutes

Average work in process inventory = 30 pieces

Find:

Production rate

Computation:

Production rate = Average work in process inventory/Average lead time

Production rate = 30/18

Production rate = 1.66 pieces/min (Approx)

1.14 When the wages per worker in the metal-working industry increases, the supply curve of
steel will shift to the right.
[1] True
[2] False​

Answers

Answer:

false it will shift to the left

1. Which large desert is located near Egypt?
The large desert is​

Answers

It’s the Sahara Desert

Which of the following is a type of advertising?
O A. Sponsoring a local charity event
O B. Visiting a potential customer
C. Creating commercials for television
O D. Mailing coupons to customers' homes
SUBMIT

Answers

The of following of advertising is the 2 one

The correct option is C. Creating commercials for television of the following is a type of advertising.

An average individual reads a newspaper for 30 minutes and listens to audiobooks for 10 to 15 minutes. The audience watches advertisements on television, second only to the internet. Television can be viewed in rural locations where connectivity is still a problem.

What is persuasive advertising?

Consumers' preferences and interests are used by persuasive advertising to persuade them to buy a good or service. This type of advertising frequently emphasizes the advantages the product or service can provide the consumer.

A product, brand, or service is promoted to a viewership through an advertisement in order to pique their attention, encourage interaction, and increase sales. A key component of the app store, advertisements come in a variety of formats, from copy to interactive video.

Learn more about Advertising here:

https://brainly.com/question/3163475

#SPJ2

Wolf Computer exchanged a machine with a book value of $40,000 and a fair value of $45,000 for a very similar machine. In addition, Wolf paid $6,000 as part of the exchange. Wolf should recognize:

Answers

Answer:

gain of $5,000

Explanation:

Wolf's gain = fair market value - book value = $45,000 - $40,000 = $5,000

a company must determine the gain or loss of an exchange transaction using the asset's book value and comparing it against its fair market value. If the FMV is higher than the book value, the company will recognize a gain. If the FMV is lower than the book value, then the company will recognize a loss.

According to the video, what are some qualities Tellers need? Check all that apply.
a cheerful, outgoing personality
a dominant, confident presence independence
leadership skills
basic math skills
attention to detail​

Answers

Answer:

a e f i did the assment

Explanation:

Answer:

the answer is:

a cheerful, outgoing personality

basic math skills

attention to detail

Explanation:

Management anticipates fixed costs of $72,600 and variable costs equal to 42% of sales. What will pretax income equal if sales are $326,000?a. $325,000.b. $57, 500.c. $122, 500.d. $130,000.e. $181, 250.f. $252, 500.

Answers

Answer:

$261,680

Explanation:

Calculation for the What will pretax income equal

Pretax income= $326,000 - ((42% × $326,000) + $72,600)

Pretax income= $326,000 - $136,920 + $72,600

Pretax income=$261,680

Therefore What will pretax income equal if sales are $328,000 will be $261,680

Information management organizes data over time that will allow us to become more proficient in understanding data related to a company or business.
Below are the processes used to help organize information. Put these processes in order from the first step to the last.
= archiving information
= destruction of that information
= curation or organization of information
= dissemination or distrubuation of inforation
= collection of information
= storage of information

Answers

Answer:

=archiving information

Explanation:

If demand for land increases, the rental price ________ and the equilibrium amount of land ________. Group of answer choices

Answers

Answer:

If demand for land increases, the rental price RAISES / INCREASES and the equilibrium amount of land REMAINS THE SAME.

Explanation:

The supply of some products is fixed in the short run and one example of this is land either for urban development or agriculture. It is possible but extremely expensive to "create" land, so the supply is usually considered constant. On the long run, humanity has managed to artificially create islands and expand cities, but these type of projects require a lot of money and take a lot of time.

The short run or the long run are not definite time spans. The short run refers to a period of time where one or more factors of production are fixed. While the long refers to a time period where all factors of production can change.

Accounting profit is different than economic profit because economic profit is only important to economists and does not apply to the actual decision to launch a new business. accounting profit ignores the opportunity cost of launching a new business. economic profit is what is reported on your tax return. accounting profit includes all financial and opportunity costs of starting a business.

Answers

Answer:

accounting profit ignores the opportunity cost of launching a new business.

Explanation:

economic profit = accounting profit - opportunity costs

the easiest way to explain this concept is through an example:

you earn $60,000 per year by working at a bank

your friend wants to start a small accounting firm with you as his partner

each of you will invest $40,000 and the expected revenue is $150,000, expected costs are $30,000

your accounting profit = ($150,000 - $30,000) / 2 = $60,000

but your economic profit is negative:

opportunity cost of lost wages = $60,000opportunity cost of lost interests on your capital = $40,000 x 3% = $1,200

economic profit = $60,000 - ($60,000 + $1,200) = $60,000 - $61,200 = -$1,200

For Oriole Company, actual sales are $1,450,000, and break-even sales are $971,500.

Required:
a. Compute the margin of safety in dollars.
b. Compute the margin of safety ratio.

Answers

Answer:

a. Margin of safety in dollars = $478,500

b. Margin of safety ratio = 33%

Explanation:

a. Margin of safety in dollars is calculated as;

= Actual sales - Break even sales

Given that;

Actual sales = $1,450,000

Break even sales = $971,500

Margin of safety in dollars

= $1,450,000 - $971,500

= $478,500

b. Margin of safety ratio is computed as;

= [(Actual sales - Break even sales) / Actual sales] × 100

= [($1,450,000 - $971,500) / $1,450,000] × 100

= [$478,500 / $1,450,000] × 100

= 0.33 × 100

= 33%

The ratio (proportion) of the sales volumes for the various products sold by a company is called the:________. a) Current product mix. b) Relevant mix. c) Sales mix. d) Inventory cost ratio. e) Production ratio.

Answers

Answer:

C) Sales mix.

Explanation:

The sales mix can be regarded as calculation that gives the details of proportion of each unit product that a particular business sells out with the relativity to the total sales, Sales mix is important in business because it helps to know which of the product/services is more profitable than others, any change in the sale mix of the company will bring change to their profit

.

A Parent company owns a 70 percent controlling interest in the voting common stock of its Subsidiary. The subsidiary also has outstanding 10,000 shares of 3% cumulative preferred stock outstanding with par value equal to $5,000,000. If the parent company owns none of the preferred stock, how should the preferred stock be accounted for in the consolidation financial statement?
How would your answer change if the parent company owned 100 percent of the preferred stock?

Answers

Answer and Explanation:

a. In the case when the subsidiary company owns none of the preferred stock so the income of the subsidiary and the net assets allocated to the preferred stocks that not owned by the parent would be involved in the non-controlling interest

b. Now if the parent company owned 100% of the preferred stock so the share of the income of the subsidiary and the net asset allocated to the preferred shares would be removed against the balance left in the investment account of the parent

A 10-year 5.5 percent coupon bond was issued 3 years ago. It pays interest semiannually, and has a yield to maturity of 6.23 percent. What is the current market price of the bond

Answers

Answer:

The current market price of the bond is $959.09

Explanation:

Price of the bond is the present value of all cash flows of the bond. These cash flows include the coupon payment and the maturity payment of the bond. Both of these cash flows discounted and added to calculate the value of the bond.

According to given data

Face value of the bond = F = $1,000  ( Assumed )

Coupon payment = C = $1,000 x 5.5% x 6/12 = $27.5

Number of periods = n = ( 10 years - 3 years ) x 12/6 = 14 period

Yield to maturity = 6.23% annually x 6/12 = 3.115% semiannually

Price of the bond is calculated by following formula:

Price of the Bond = C x [ ( 1 - ( 1 + r )^-n ) / r ] + [ F / ( 1 + r )^n ]

Price of the Bond = $27.5 x [ ( 1 - ( 1 + 3.115% )^-14 ) / 3.115% ] + [ $1,000 / ( 1 + 3.115% )^14 ]

Price of the Bond = $308.22 + $650.87

Price of the Bond = $959.09

Other Questions
How does stigma prevent people from seeking help for mental health issues? 01:45:05 Which statement describes how diffusion works? Molecules always move from inside of the cell to outside of the cell. Molecules always move from areas of high concentration to low concentration. Molecules always move from areas of low concentration to high concentration. Molecules always move from of outside the cell to inside of the cell. PLZ HELP!!! _What is this painting called? In what ways has Macbeth attempted to control the future and bury the past? HELP EVEN IF YOU DONT KNOW YOU STILL GET BRAINLIST IF U TRY According to the Centers for Disease Control and Prevention (CDC), _____ _________________ are the leading cause of death for U.S. teens, accounting for more than one in ______ deaths in this age group. Please help me solve this question!Whomever answers first if you can get another person to answer the question then you will be marked brainliest.Who was instrumental with helping repeal the Stamp Act in 1765 and attended the Second Continental Congress?a.) George Washingtonb.) Benjamin Franklinc.) John Hancockd.) Thomas Jefferson Please HElP !!!!!! Who visit Rashad in the hospital to offer him support? name everyone who does Do u like my drawing? I was supposed to become an artist for a day and I messed up soooo i went with it lol Those who hunted witches in Salem believed in the form of Christianity called what? david packed 16 bags of carrot sticks for the picnic. 7/8 of the bags were eaten. how many bags of carrots were eaten? What is the value of n in the equation 1/2(n-4)-3=3-(2n+3) How did the United States benefit from the Spanish-American War? Which number is not a whole number ? A. 8. B. -10. C. 0. D.18/3 HELP WILL MAKE BRAINLIST TO WHOEVER DID IN EXPLAINATION Cotton is considered a factor of production, what category does cotton fall under?LandLaborCapitalEntrepreneurship Explain the modern day impact of the Columbian exchange A city is rioting, and large groups of criminals are roaming the streets and breaking into homes and businesses. The mayor and other leaders have fled. So many people are participating in the violence that the remaining police officers are unable to enforce the law.Which of the following terms best describes the government of the city that is described in the passage above?A.an anarchyB.an authoritarian governmentC.a fraudulent governmentD.a democracy The length across the middle of a spider's web is 3.25 cm.Which pattern shows the lengths of a web 10 times as great, 100 times as great, and 1,000 times as great as 3.25 cm?A 325 cm; 32.5 cm; .325 cmB 3.25 cm; .325 cm; 0.325 cmC 32.5 cm; 325 cm; 3,250 cmD .0325 cm; 0.325 cm; 32.5 cm Elena and her best friend found some money in an envelope. They split the money evenly, each getting $25. How much money did they find? Write and solve the equation for this probl helppp plzzzzzzz hurryyyy