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

Question

1 Approved Answer

The risk manager requested that the Manufacturer's Selling Price (Finished Stock Only) endorsement be added to Blue Suit Manufacturing's commercial property policy. What is the

The risk manager requested that the Manufacturer's Selling Price (Finished Stock Only) endorsement be added to Blue Suit Manufacturing's commercial property policy. What is the purpose of the Manufacturers Selling Price Finished "Stock" Only endorsement? Available answer options Select only one option A It covers the replacement of finished stock, excluding anticipated profit. B It covers the anticipated profit from future production of stock. C It covers the anticipated profit on finished stock. D It covers the anticipated profit on stock damaged during the manufacturing process.

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

Step: 3

blur-text-image

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

Accounting

Accounting

Authors: Charles T. Horngren, Walter T. Harrison Jr., Jo Ann L. Johnston, Carol A. Meissner, Peter R. Norwood

9th Canadian Edition volume 2

013269008X, 978-0133122855, 133122859, 978-0132690089

More Books

Students also viewed these Accounting questions

Question

★★★★★
Terrance is a 13-year-old 8th grader, who is an average student. He is rarely ever disruptive in class and gets along well with his peers. His teacher always noticed that he was normally high-strung,...

Answered: 1 week ago

Question

★★★★★
A survey of 50 people shows that only 10 support a new traffic circle. a. Which term of (p + q)50 would correspond to the results of this sample? b. What inequality does p satisfy if the probability...

Answered: 1 week ago

Question

★★★★★
For the table in Exercise 7, a) Find the column percentages. b) Looking at the column percentages in part a, does the tenure distribution (how long the employee has been with the company) for each...

Answered: 1 week ago

Question

★★★★★
=+Seat Effect (severity index) Driver Passenger Seat 2.7 2.4 3.0 3.3 Size Effect (severity index) Compact Light Medium Mini Pickup Van Size An interaction plot shows: 2.1 2.3 2.5 2.7 2.9 3.1 3.3 3.5...

Answered: 1 week ago

Question

★★★★★
Complete the 2019 federal income tax return for Sarah Hamblin. Be sure to include only required tax forms when completing the tax return. For purposes of this assignment, unless instructed otherwise,...

Answered: 1 week ago

Question

★★★★★
Describe the relationship between the death benefit and the cash value of cash value and savings type of life insurance policy. Explain why the Level Premium for a 5 year term policy is not 1/5 th of...

Answered: 1 week ago

Question

★★★★★
Wildcat Sporting Goods (WSG) sells athletic shoes and trendy sports apparel to a variety of sporting goods stores in the Northeast and, in 2011, WSG also began direct Internet sales to consumers....

Answered: 1 week ago

Question

★★★★★
ces Exercise 7-2 (Algo) First Stage Allocation [LO7-2] SecuriCorp operates a fleet of armored cars that make scheduled pickups and deliveries in the Los Angeles area. The company is implementing an...

Answered: 1 week ago

Question

★★★★★
An analyst for Bloom Ltd, gathered the following information with regards to futures contract: Current spot-market price of R60 Risk-free interest rate of 8.87% per annum The six-month future...

Answered: 1 week ago

Question

★★★★★
(15 points) On Black Friday, customers arrive at a Gap store at a rate of 100 customers per hour during 6am to 12pm. The store is only able to serve 90 customers per hour. Assume that no more...

Answered: 1 week ago

Question

★★★★★
Q5. A very simple product {A} consists of a base (B) and a casting (C). The base consists of a plate (P)- and three fasteners (F). There are currently 30 castings and 100 bases on hand. Final...

Answered: 1 week ago

Question

★★★★★
A. Advanced Digital Design is analyzing a capital investment project for using new computing technology to reduce current operating costs. The new computing technology will have a five-year life with...

Answered: 1 week ago

Question

★★★★★
Agents from the Laredo South Station received a report of an individual lost east of the city. The disoriented individual had been abandoned by the group with which she was traveling. Agents were...

Answered: 1 week ago

Question

★★★★★
Assume the complete portfolio has an expected return of 10% and the risk free rate is 1%. However, you wish to lever your portfolio by 50% (i.e., y = 1.5) and the cost to borrow to do so is 2%. Your...

Answered: 1 week ago

Question

★★★★★
CRUZ, INC. Comparative Balance Sheets December 31, 2015 CRUZ, INC. Income Statement For Year Ended December 31, 2015 Required Use the indirect method to prepare the cash provided or used from...

Answered: 1 week ago

Question

★★★★★
Label the blanks in the column heads as either debit or credit. P.O. 1,3 CASH RECEIPTS JOURNAL PAGE POST. DATE ACCOUNT CREDITED REF. OTHER ACCOUNTS cr ACCOUNTS RECEIVABLE ar SALES SALES DISCOUNT ar...

Answered: 1 week ago

Question

★★★★★
If a cash payments journal is supposed to save writing, why are there so many entries in the Other Accounts Debit column?

Answered: 1 week ago

Question

★★★★★
Record the following transactions in general journal form: May 4 Sold merchandise on account to Seymour, Inc.; 2/10, n/30; $640. 10 Purchased merchandise on account from the Mann Company; 1/10, n/60;...

Answered: 1 week ago

Previous Question Next Question