FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Jay Miller insured his pizza shop for $200,000 for fire insurance at an annual rate per $100 of $.49. At the end of 10 months,

image text in transcribed
image text in transcribed
Jay Miller insured his pizza shop for $200,000 for fire insurance at an annual rate per $100 of $.49. At the end of 10 months, Jay canceled the policy since his pizza shop went out of business. Using the table in the handbook, the refund to Jay is: Multiple Choice Multiple Choice $980 None of these $852.60 $186.20 $12740

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

International Financial Management

International Financial Management

Authors: Jeff Madura

10th Edition

1439038333, 9781439038338

More Books

Students also viewed these Finance questions

Question

★★★★★
Record the following transactions of J. Min Designs in a general journal: DATE TRANSACTIONS 2016 April 1 Purchased merchandise on credit from ORourke Fabricators, Invoice 885, $3,000, terms 1/10,...

Answered: 1 week ago

Question

★★★★★
Two narrow slits, of width a, separated by a distance d, are illuminated by light with a wavelength of 660 nm. The resulting interference pattern is labeled (1) in the figure. The same light source...

Answered: 1 week ago

Question

★★★★★
explain five important changes in the world of work;

Answered: 1 week ago

Question

★★★★★
Time cards are being entered into the accounting system for four employees. The costs for Employee 1 are to be billed to job cost code 302.01.01100L. Ten hours of Employee 2 time is to be billed to...

Answered: 1 week ago

Question

★★★★★
In the Caparo case, the court held that the auditor owes a duty of care to: all users of the published financial report. only those parties specified in the engagement letter. the shareholders as a...

Answered: 1 week ago

Question

★★★★★
A company has the following: Units Cost per unit Dec. 1 , Beginning balance 4 0 $ 4 2 Dec. 1 4 , Purchase 6 0 $ 4 3 Dec. 2 1 , Purchase 5 5 $ 4 4 The company sold 1 0 0 units at $ 7 5 each on...

Answered: 1 week ago

Question

★★★★★
Compose a thoughtful response to the original post with a reference source and link, This week I'd like to dive into the company Amazon, and how they implement information systems for strategic...

Answered: 1 week ago

Question

★★★★★
Brief the following case by using FILAR for structure and discuss the legal rules that applied to each issue and the reasons for the decision. Wright v. McArthur, 2005 BCSC 1797 case in a document...

Answered: 1 week ago

Question

★★★★★
9. A dual cycle operates with an air intake of 1 bar and 50C. The compression ratio is 15:1 and the maximum pressures and temperatures reached in the cycle are 75 bar and 2200C. (a) Sketch a p-V and...

Answered: 1 week ago

Question

★★★★★
From 1634 to 1637 CE, tulips in the Dutch Republic sold for extraordinarily high prices, sometimes as much as 10 times the annual wage of a skilled worker, in a phenomenon known as tulip mania. Some...

Answered: 1 week ago

Question

★★★★★
Required: Compute the following: ( 1 ) current ratio, ( 2 ) acid - test ratio, ( 3 ) days' sales uncollected, ( 4 ) inventory turnover, ( 5 ) days' sales in inventory, ( 6 ) debt - to - equity ratio,...

Answered: 1 week ago

Question

★★★★★
1. Who Moved My Cheese? is the all-time best-selling book in Amazon.coms history and is printed in 42 languages. Analyze why organizations around the world would buy millions of these books for their...

Answered: 1 week ago

Question

★★★★★
1. The first Stew Leonards retail grocery was established in 1969. Do you think the culture established and nurtured at this successful firm could be adopted by other retail grocery stores? Explain...

Answered: 1 week ago

Question

★★★★★
1. In the bright light of hindsight, most of us would probably say we would blow the whistle on these instances had we been a witness to them, especially because there was so much money involved. But...

Answered: 1 week ago

Previous Question Next Question