This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A flood caused 620,000 in damages to a building owned by Super Storage Inc The building, valued at ... (Read 91 times)

storky111

  • Hero Member
  • *****
  • Posts: 561
on: Jun 24, 2018
A flood caused 620,000 in damages to a building owned by Super Storage Inc The building, valued at 1,035,000, was insured for 847,000 despite a coinsurance requirement of 90 in their policy. How much of the loss will be covered by the insurance company?
 A) 558,000.00
  B) 620,000.00
  C) 507,381.64
  D) 563,757.38

Question 2

Bono is the self-employed owner of JAB Consulting. Her estimated annual earnings are 68,480.00 and she expects to pay 22 of this amount in income tax. What will be her quarterly estimated tax payment for the second quarter? (For self-employed persons, social security tax is 12.4 of wages up to 106,800, and Medicare tax is 2.9 of all wages.)
 A) 6,385.76
  B) 3,766.40
  C) 2,122.88
  D) 496.48


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

choc0chan

  • Sr. Member
  • ****
  • Posts: 362
Reply #1 on: Jun 24, 2018
Answer to Question 1

D

Answer to Question 2

A


storky111

  • Member
  • Posts: 561
Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review

sailorcrescent

  • Member
  • Posts: 334
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Mutations caused by air pollution. Mutations caused by air pollution.
Thinning of eggshells caused by DDT. Thinning of eggshells caused by DDT.
Building competency Building competency
Building competency in patient centered care Building competency in patient centered care
In this 1900 cartoon, oil baron John D. Rockefeller holds the White House in the palm of his hand wh In this 1900 cartoon, oil baron John D. Rockefeller holds the White House in the palm of his hand wh
Increased acidity inhibits the growth of coral and other carbonate shell-building organisms Increased acidity inhibits the growth of coral and other carbonate shell-building organisms
Video: What is Cholesterols? Introduction to Lipoproteins

For a complete list of videos, visit our video library