Business, 18.09.2019 03:00 kymberlyasher

Eve's apples opened business on january 1, 2016, and paid for two insurance policies effective that date. the liability policy was $36,000 for 18 months, and the crop damage policy was $12,000 for a two-year term. what is the balance in eve's prepaid insurance as of december 31, 2016?

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Answer from: Nickanderson21

The balance in Eve's prepaid insurance as of December 31, 2016 is $18,000

Explanation:

The computation of the balance of prepaid insurance is shown below:

= Per month policy one amount × total number of months in a year + Per month policy one amount × total number of months in a year

where,

Per month liability policy amount = Insurance amount ÷ given months

= $36,000 ÷ 18 months

= $2,000

Per month crop damage policy amount = Insurance amount ÷ given months

= $12,000 ÷ 24 months

= $500

Now put these values to the above equation

So, the value would equal to

= ($2,000 × 12 months) ÷ 12 months + $500 × 12 months

= $12,000 + $6,000

= $18,000

For computing the December 2016, we divided the 12 months from the liability policy

Answer from: Quest

explanation: i am going to tell you a lie dont know i just wanted to answer lol

Answer from: Quest

$527.7.if the following was the question $527.7 is the answer.students who are trying to raise funds have an agreement with a local pizza chain. the chain has agreed to sell them pizzas at a discount, which the students can then resell to families in the local community for a profit. it is expected that of the 500 families in the community, at most 70% will buy pizza. based on a survey of their personal preferences, the students believe that they should order no more than 120 cheese pizzas, no more than 150 pepperoni pizzas, and no more than 100 vegetarian pizzas. they also want to make sure that at least 20% of the total pizzas are cheese and at least 50% of the pizzas are pepperoni. they make a profit of $1.45, $1.75, and $1.98, respectively, for each cheese, pepperoni, and vegetarian pizza they resell. how many pizzas of each type should they buy?

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