which is true of the personal property of others coverage provided by the building and personal property coverage form?
a
the policy covers the interest of others in property that the insured is purchasing on an installment plan
b
the policy covers property of others that is in the care, custody, and control of the insured
c
the policy covers the property of others against loss by theft
d
property of others is covered at up to $5,000 per described location.
Answers: 2
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Personal financial planning is the process of creating and achieving financial goals? true or false
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Sam and diane are completing their federal income taxes for the year and have identified the amounts listed here. how much can they rightfully deduct? • agi: $80,000 • medical and dental expenses: $9,000 • state income taxes: $3,500 • mortgage interest: $9,500 • charitable contributions: $1,000.
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Magic realm, inc., has developed a new fantasy board game. the company sold 15,000 games last year at a selling price of $20 per game. fixed expenses associated with the game total $182,000 per year, and variable expenses are $6 per game. production of the game is entrusted to a printing contractor. variable expenses consist mostly of payments to this contractor.required: 1-a. prepare a contribution format income statement for the game last year.1-b. compute the degree of operating leverage.2. management is confident that the company can sell 58,880 games next year (an increase of 12,880 games, or 28%, over last year). given this assumption: a. what is the expected percentage increase in net operating income for next year? b. what is the expected amount of net operating income for next year? (do not prepare an income statement; use the degree of operating leverage to compute your answer.)
Answers: 2
which is true of the personal property of others coverage provided by the building and personal prop...
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