Broussard Skateboard's sales are expected to increase by 20% from $7.2 million in 2016 to $8.64 million in 2017. Its assets totaled $4 million at the end of 2016. Broussard is already at full capacity, so its assets must grow at the same rate as projected sales. At the end of 2016, current liabilities were $1.4 million, consisting of $450,000 of accounts payable, $500,000 of notes payable, and $450,000 of accruals. The after-tax profit margin is forecasted to be 5%. Assume that the company pays no dividends. Under these assumptions, what would be the additional funds needed for the coming year? Do not round intermediate calculations. Round your answer to the nearest dollar.

Answers

Answer 1

The projected increase in sales is 20% and the net income for 2017 is forecasted to be 5%. Additional funds needed for the coming year can be calculated as $4,432,000.

The projected increase in sales is 20%, which means that the sales in 2017 will be:

$7.2 million + ($7.2 million x 20%)

sales in 2017 will be = $8.64 million

Since the assets must grow at the same rate as sales,

The total assets at the end of 2017 will be: $4 million + ($4 million x 20%)

total assets = $4.8 million

The after-tax profit margin is forecasted to be 5%, so

The net income for 2017 will be: $8.64 million x 5%

net income = $432,000

The current liabilities at the end of 2016 were $1.4 million, so

The total liabilities at the end of 2017 will be:

total liabilities is $1.4 million (no increase assumed)

The equity at the end of 2017 can be calculated as follows:

Equity = Assets - Liabilities

Equity = $4.8 million - $1.4 million

Equity = $3.4 million

The additional funds needed for the coming year can be calculated as follows:

Additional Funds = (Assets - Liabilities) - Equity increase - Net income Assets - Liabilities

Additional Funds = $4.8 million - $1.4 million

Additional Funds = $3.4 million

Equity increase = $3.4 million - $4 million

Equity increase  = -$600,000 (since no new equity is being raised)

Additional Funds = ($3.4 million) - (-$600,000) - ($432,000)

Additional Funds = $4,432,000

Therefore, the additional funds needed for the coming year are approximately $4,432,000.

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Related Questions

Plz help me What makes a suspension bridge unique? (What does it have?)

Answers

Answer:

Modern suspension bridges are light and aesthetically pleasing and can span longer distances than any other bridge form. They are also among the most expensive bridges to construct. Though suspension bridges can be made strong enough to support freight trains, they have nearly all been designed for automobile traffic.

The main forces in a suspension bridge are tension in the cables and compression in the towers. ... The use of suspension bridges makes longer main spans achievable than with any other types of bridges, and they are practical for spans up to around 2 km or even larger.Suspension bridges get their name from the fact that the roadway is suspended by cables from two tall towers. Most of the weight is supported by the two towers. They, in turn, pass the compression forces from the cables directly into the ground. Suspension bridges also have smaller cables called suspenders.

The towers of most suspension bridges are made of steel, although a few have been built of steel-reinforced concrete.

Pros of a Suspension Bridge

It can span over long distances. Suspension bridges can span anywhere between 2,000 to 13,000 feet, which is farther than any type of bridge can accommodate. ...

It is inexpensive to build. ...

It is easy to maintain. ...

It is incredibly versatile. ...

It is aesthetically pleasing.

I have attached a model for visuals

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Plz help me What makes a suspension bridge unique? (What does it have?)

An overview and summary of the marketing plan. it should cover what is going to be discussed in greater detail later in the plan. which is the correct answer?

question 19 options:

situation analysis


executive summary and business description


define the target market


delivery plan

Answers

Answer:it is what the other guy sayes

Can anyone give me some tips on how to become a successful businesswoman

Answers

I’m 13 but I know some stuff, you should always have a plan for the future and know what business you want to start. Another big thing is to have a friend that has the same business so you can learn from them. You should be social and have contacts.

Your business uses instant messaging to enable technical support personnel to communicate easily with customers. What should you do to secure technical support computers against potential instant messaging security risks

Answers

Answer:

You should install an antivirus software.

Explanation:

An antivirus can be defined as a software application or program designed to avail end users the ability to prevent, protect, scan, detect, quarantine (move) and even to delete various viruses and malicious programs (malwares) such as rootkit, adware, spyware, etc., from a computer system.

Some examples of antivirus softwares are Avast, Kaspersky, Norton, Eset 360 etc.  

In this scenario, your business uses instant messaging to enable technical support personnel to communicate easily with customers.

Hence, what you should do to secure technical support computers against potential instant messaging security risks is to install an antivirus software.

Selma deposited a paycheck for $378. 42. She’ll use the check register to record her transaction. What will be her new balance? A checking account has a balance of 2636 dollars and 41 cents. $2,257. 99 $2,337. 06 $3,014. 83 $3,057. 31.

Answers

Answer:

$3,014. 83

Explanation:

So basically, just add the checking account balance to the amount she's depositing. So the equation should look like $378.42 + 2,636.41. Add it all up and you get $3,014.83

Hope this helps :)

match the cause for the negatively sloped aggregate demand curve with the correct term. a. as prices rise, the cost for businesses to finance new equipment increases, causing a drop in quantity demanded of real gdp. b. the purchasing power of money held in savings accounts falls as prices rise. c. as prices rise in the united states, foreigners purchase fewer u.s. goods.

Answers

As the aggregate demand's constituents—consumption spending, investment spending, government spending, and spending on exports minus imports—increase, the aggregate demand curve moves to the right.  As these components decrease, the AD curve will turn left again.

What is Shifts in aggregate demand?The aggregate demand/supply model illustrates how total supply and total demand interact at the macroeconomic level as well as what factors affect total supply or total demand for the economy. AD elements can alter as a result of various individual decisions, such as those brought on by changes in consumer or corporate confidence, or political decisions, such as adjustments to government expenditure and taxation. The equilibrium amount of output and price level will increase if the AD curve swings to the right. The equilibrium amount of output and price level will decline if the AD curve changes to the left.The point at which the aggregate demand curve, or AS curve, intersects the AD curve determines whether equilibrium output changes relatively more than price level or whether price level changes relatively more than output.

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As the aggregate demand's constituents—consumption spending, investment spending, government spending, and spending on exports minus imports—increase, the aggregate demand curve moves to the right.  As these components decrease, the AD curve will turn left again.

What is Shifts in aggregate demand?The aggregate demand/supply model illustrates how total supply and total demand interact at the macroeconomic level as well as what factors affect total supply or total demand for the economy.AD elements can alter as a result of various individual decisions, such as those brought on by changes in consumer or corporate confidence, or political decisions, such as adjustments to government expenditure and taxation.The equilibrium amount of output and price level will increase if the AD curve swings to the right. The equilibrium amount of output and price level will decline if the AD curve changes to the left.The point at which the aggregate demand curve, or AS curve, intersects the AD curve determines whether equilibrium output changes relatively more than price level or whether price level changes relatively more than output.

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Use the as/ad model to describe the effect of each of the following events on the economy of snezhanka (a fictitious nation). beginning with the economy in equilibrium carefully show the shift involved and the new equilibrium. state whether the p (price level) and rgdp at the new equilibrium are higher or lower. for each part of this question, start again at the original equilibrium. what will happen if:

a. taxes on households are decreased?
b. taxes paid by firms are decreased?
c. the value of the national currency, the snezhankan lev, declines in the international currency market?
d. a revolutionary new machine, the aparat, increases worker productivity?

Answers

The following would happen

Aggregate income would increase for households. They would have a rise in output.

taxes on households are decreased

When the taxes are decreased, the households would have a rise in their purchasing power. Their output would go up form q to q2.

taxes paid by firms are decreased

The cost of the firms production is going to fall. The firm would then be able to raise their production hence increasing their supply. Output would rise and price level would fall.

the value of the national currency, the snezhankan lev, declines in the international currency market?

If the value of the currency should fall, then it would cause the demand for foreign goods to rise then there would be a new equilibrium in the market.

a revolutionary new machine, the apparat, increases worker productivity

An increase in productivity would raise supply for the producer hence bringing about a new rise in the price level.

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If more gas stations are built in the local area, then the supply of gasoline will decrease as a result. ​

Answers

The statement "If more gas stations are built in the local area, then the supply of gasoline will decrease as a result" is not accurate. In fact, the increased number of gas stations would likely lead to an increase in the supply of gasoline.

When more gas stations are built in a local area, it generally leads to an increase in the supply of gasoline. This is because each gas station is a point of distribution for gasoline, and more gas stations mean more outlets for selling gasoline. As a result, the overall supply of gasoline in the local area tends to increase.

An increase in the number of gas stations can have several effects on the supply of gasoline. Firstly, competition among gas stations may lead to lower prices, encouraging consumers to buy more gasoline. This increased demand can incentivize suppliers to increase their gasoline production and supply to meet the growing market demand.

Additionally, with more gas stations available, suppliers may have better access to distribution channels, allowing them to transport and deliver gasoline more efficiently. This improved distribution network can contribute to a more abundant and accessible supply of gasoline in the local area.

Therefore, contrary to the initial statement, the construction of more gas stations typically results in an increase in the supply of gasoline rather than a decrease.

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during the critical root causes tollgate, what do you need to prove to the sponsor?

Answers

During the critical root causes tollgate, you need to prove to the sponsor the identification and quantification of the key root causes that have the greatest impact on the problem being addressed.

Identify the key root causes: Conduct a thorough analysis of the problem to identify the underlying root causes. This may involve using various tools and techniques such as root cause analysis, fishbone diagrams, 5 Whys, or Pareto analysis. The goal is to pinpoint the few critical root causes that are contributing significantly to the problem.

Quantify the impact: Once the key root causes are identified, you need to determine the impact they have on the problem. This can be done by analyzing available data or conducting experiments and measurements. Quantifying the impact may involve calculating the cost of the problem, the frequency of occurrence, or the potential for improvement. The goal is to provide tangible evidence of the magnitude of the problem caused by each root cause.

By successfully identifying and quantifying the key root causes, you can demonstrate to the sponsor that you have a deep understanding of the problem and its underlying causes. This evidence allows you to make informed decisions on which root causes to prioritize for further investigation and action. Additionally, it helps the sponsor understand the potential benefits of addressing these root causes and the expected impact on the overall problem.

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What are the three main decision-making types discussed in the article? (Site 1)

Answers

Answer:

hope it helped

Explanation:

1. Certain

2. Risk

3. Uncertainty

Answer:

1. Certain

2. Risk

3. Uncertainty

Explanation:

Using demand curves, what would happen if the price of pop increases?
o. Demand for pop will increase
b. The demand curve will shift to the right
c. Demand for pop will decrease
The demand curve will shift to the left

Answers

Using demand curves, if the price of pop increases, then, the demand for pop will decrease. The Option

How does demand for product change in response to a change in price?

According to demand law , as the price of a product increases, the quantity demanded of that product will decrease. This inverse relationship between price and quantity demanded is illustrated graphically by a downward-sloping demand curve.

Therefore, if the price of pop increases, the demand for pop will decrease. This can be shown by a movement up along the demand curve, resulting in a lower quantity demanded at each price point.

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Other things equal, relatively poor countries tend to grow a. slower than relatively rich countries; this is called the poverty trap.
b. slower than relatively rich countries; this is called the Malthus effect.
c. faster than relatively rich countries; this is called the catch-up effect.
d. faster than relatively rich countries; this is called the constant-returns-to-scale effect.

Answers

Other things being equal, relatively poor countries tend to grow slower than relatively rich countries. This is referred to as the poverty trap.

There are various reasons why poor nations experience this phenomenon. The primary explanation is that these nations lack the necessary infrastructure and resources to invest in capital goods, education, and technology. As a result, they cannot compete with wealthy nations in terms of productivity and growth.

A poverty trap is a scenario in which poor countries remain in a state of poverty because they lack the capital, technology, and knowledge necessary to break out of it. Relatively poor countries often have low levels of education, poor infrastructure, inadequate health care, and high rates of population growth. Furthermore, they may lack access to international markets, resulting in a lack of opportunities to sell their goods and services abroad.

Another factor that contributes to the poverty trap is the fact that poor countries often have high levels of corruption, which makes it difficult to attract foreign investment. Corruption also undermines the rule of law, making it more difficult for entrepreneurs to start and expand their businesses. Additionally, poor countries often have weak institutions that are unable to enforce contracts, protect property rights, and maintain social order.

These factors combine to create an environment that is hostile to economic growth and development.Therefore, it can be concluded that relatively poor countries tend to grow slower than relatively rich countries. This is called the poverty trap, which is caused by a combination of factors such as inadequate infrastructure, low levels of education, high levels of corruption, and weak institutions. These factors make it difficult for poor countries to attract investment and compete with wealthier nations.

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Why is it called Chick-Fil-A when a Fil-A (filet) is normally cooked with beef???

Answers

Because most of their food consists of chicken? They barely have any beef on their menu
It is a cleaver marketing strategy. One of Chick-Fil-A’s missions is to encourage people to eat chicken instead of meat, so a funny twist they thought they should include is a name spin. Like you have stated, a Filet is normally a steak, but Chick-Fil-A spiced it up a little bit and changed the context behind it to fit their brand of boneless chicken :)

Q Use the drop-down menus to identify which vocabulary terms match the definitions.

1) (Short-term/ long-term ) goals are goals that a person means to accomplish in the near
future, such as in a day, a week, or a month.

2) (Short-term/ long-term ) goals are goals that a person means to accomplish in a longer period of time, such as in a semester, a year, or ten years.

3) Setting a (professional goal/personal goal ) involves determining something in your career that you would like to achieve, such as a promotion, within a set timeframe.

Answers

Answer:

1) → Short-term goals are goals that a person means to accomplish in the near future, such as in a day, a week, or a month.

2) → long-term goals are goals that a person means to accomplish in the near

future, such as in a day, a week, or a month.

3) → Setting a professional goal involves determining something in your career that you would like to achieve, such as a promotion, within a set timeframe.

OAmalOHopeO

Short-term

long-term

professional goal

Suppose babies born in a large hospital have a mean weight of 4088 grams, and a variance of 55,696.


If 128 babies are sampled at random from the hospital, what is the probability that the mean weight of the sample babies would be less than 4132 grams? Round your answer to four decimal places.

Answers

Answer:

0.0107

Explanation:

We were told that 128 babies are sampled at random from the hospital, which implies that there are 128 sample size, then , (n = 128)

Given from the question;

mean weight =4088

variance = 55,696

We need to determine probability that the mean weight 4088

would be less than 4132 grams

P = 1 - (4088/4132)

P = 1-0.9893

=0.0107

Prior to the closing, one final inspection should take place. This is also known as the final what?

Answers

Prior to the closing, one final inspection should take place. This is also known as the final walk through.

What is walk through inspection?

Just prior to closing, a walk-through inspection is performed to make sure the property is still in good shape, there hasn't been any additional damage, and all of the fixtures included in the sale are still there.

A buyer and their real estate agent will tour the house together during the walkthrough. They'll make sure there isn't any fresh damage, that all of the house's systems and appliances that are included in the sale are still in good functioning order, and that the house is clean.

What is purpose of walk-through?

The objectives of a walk-through are as follows: By involving stakeholders from both inside and outside the software discipline, you can gather information about the subject of the document. Describe and explain the document's contents. Obtain agreement on the document as a whole.

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Wages are defined as ______. a) financial rewards based on the number of hours the employee works or the level of output achieved b) a form of compensation whereby a percentage of company profits is distributed to the employees whose work helped to generate them monetary rewards offered by companies for exceptional c) performance as incentives to further increase productivity an incentive system that pays a fixed amount or a percentage of the employee's sales

Answers

After every service rendered, there is a payment for it. when it is hourly, it is termed wages, when it is monthly, then, it is called salary.

Wages are defined as ______. a) financial rewards based on the number of hours the employee works or the level of output achieved

Wages

Wages a payment usually of money for labor or services usually according to a contract and on an hourly, daily, or piecework basis.

Therefore, the it refers to rewards based on the number of hours the employee works or the level of output achieved.

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1. capital gains
3
money paid from a company's earnings to people who own stock in that company
2. commission
6
the income a business makes
3. dividends
5
money the bank gives you when you keep your money in one of their accounts
4. entrepreneur
4
a person who takes a risk to create a new product or develop a better way to operate a business
5. interest
1
income earned by the sale of assets, such as stocks or property, the gain of which is the difference between the price paid and the selling price
6. revenue
2
a fee paid to employees for their sale or services, the amount of which is usually based on a percentage of the sale price

Answers

Answer:

CAPITAL GAINS - income earned by the sale of assets, such as stocks or property, the gain of which is the difference between the price paid and the selling price

COMMISSION - a fee paid to employees for their sale or services, the amount of which is usually based on a percentage of the sale price

DIVIDENS - money paid from a company's earnings to people who own stock in that company

ENTREPRENEUR - a person who takes a risk to create a new product or develop a better way to operate a business

INTEREST - The income a business makes

REVENUE - money the bank gives you when you keep your money in one of their accounts

Answer:

1. capital gains

income earned by the sale of assets, such as stocks or property, the gain of which is the difference between the price paid and the selling price

2. commission

a fee paid to employees for their sale or services, the amount of which is usually based on a percentage of the sale price

3. dividends

money paid from a company's earnings to people who own stock in that company

4. entrepreneur

a person who takes a risk to create a new product or develop a better way to operate a business

5. interest

money the bank gives you when you keep your money in one of their accounts

6. revenue

the income a business makes

Explanation:

I did it

which of the following would impact the natural rate of unemployment? group of answer choices the availability of job information all answer options a workplace safety policy that raises business operation costs a penalty fee for businesses that fire or layoff workers

Answers

B. all answer options, would impact the natural rate of unemployment.

The minimum unemployment rate that is constant with stable prices in the economy. The natural rate of unemployment is influenced by various factors that include job search process, technology, structural changes, and public policy. which suggests that all answer options would impact the natural rate of unemployment.

The following are ways through which various options would impact the natural rate of unemployment. The availability of job information: When there is a high availability of job information, it would decrease the natural rate of unemployment. This is because it would increase job matching as individuals can easily apply for jobs that match their qualifications and interests.

A penalty fee for businesses that fire or layoff workers: A penalty fee would discourage businesses from laying off or firing workers, and this would increase the natural rate of unemployment. This is because businesses would retain workers even if they don't need them, leading to a decrease in job opening rate. Therefore the correct option is B. all answer options would impact the natural rate of unemployment.

The Question was Incomplete, Find the full content below :

which of the following would impact the natural rate of unemployment? group of answer choices

a.  the availability of job information

b. all answer options

c. a workplace safety policy that raises business operation costs

d. a penalty fee for businesses that fire or layoff workers

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the fact that people in a market research lab setting may scrutinize ads much more closely than they would at home is an example of a(n):

Answers

Testing bias is one example of how consumers may examine advertisements far more carefully in a market research lab setting than they would at home.

The practice of evaluating the viability of a new service or product through study done directly with potential customers is known as market research, often known as "marketing research." Market research enables a business to identify the target market and obtain consumer comments and other input regarding their interest in the good or service.

This kind of research can be carried out internally, by the business itself, or by an outside market research firm. Surveys, product testing, and focus groups are all viable methods. Typically, test subjects receive free product samples or a small stipend in exchange for their time. The development of a new product or service requires extensive research and development (R&D).

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Which of the following is a true statement?
1) FAS Market Development and Export Assistance partners with over 100 cooperator groups
2) FTC stands for Federal Trade Commission
3) FAS stands for Federal Agricultural Sector
4) Imports are goods produced in one country then shipped to another country​

Answers

Answer:

2) FTC stands for Federal Trade Commission

Explanation:

The true statement is that, FTC stands for Federal Trade Commission.

The Federal Trade Commission (FTC) is an agency of the government of the United States of America saddled with the responsibility of promoting consumer protection and the enforcement of all civil antitrust laws.

Basically, the laws formulated or established by the FTC are to provide protection for consumers of various goods and services while requiring that businesses do not make false claims about them. Also, the Federal Trade Commission (FTC) is responsible for competition regulations among manufacturers of goods and services provided for the consumers.

Carter and his partner have decided to expand their business and make the company public to generate more funds.
However, they are aware of the tax policies of corporations. Which type of corporation will they opt for to avoid double taxation?
Carter and his partner should opt for a(n)
to avoid double taxation.

Answers

Carter and his partner may consider forming an S Corporation to avoid double taxation.

S Corporations are a type of corporation that allow business income, deductions, and credits to flow through to the shareholders' personal tax returns. This means that the corporation itself is not taxed on its income, but instead, the shareholders are taxed on their share of the corporation's income.

By contrast, a C Corporation is subject to double taxation, meaning that the corporation pays taxes on its income, and then the shareholders pay taxes on any dividends they receive from the corporation.

Therefore, if Carter and his partner want to avoid double taxation, they should consider forming an S Corporation. However, it's important to note that there are certain eligibility requirements for S Corporations, such as having no more than 100 shareholders and only one class of stock. They should consult with a tax professional or an attorney to determine if an S Corporation is the right choice for their specific business needs.

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what are the two ways to cure the trouble-making of factions

Answers

The two ways to cure the trouble-making of factions are to reduce the level of inequality in society and to encourage a culture of political tolerance and compromise.

Reducing the level of inequality, through progressive taxation and social welfare policies, can help to reduce the sense of injustice and marginalization that fuels factionalism. Encouraging a culture of political tolerance and compromise through education, media and even public policy can help to ensure that people understand the importance of working together and of respecting different opinions.

This can create an environment in which people are more willing to engage in constructive dialogue rather than resorting to violence and other forms of extreme behavior. In short, these two measures can help to reduce the level of factionalism and create a more peaceful and unified society.

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A mismatch between foreign currency denominated net assets and net liabilities Multiple Choice can be eliminated by constructing a balance sheet hedge. can be eliminated by multiplying the foreign currency value of the asset by the spot exchange rate. can be eliminated by undertaking accounting changes to eliminate translation exposure. none of the options

Answers

Answer:

can be eliminated by constructing a balance sheet hedge.

Explanation:

The mismatch could be occurred at the time when the foreign currency and net liabilities would be removed by preparing a hedge of the balance sheet

So according to the given options, the first option is correct as it represent the mismatch situation

So the rest of the options would be considered wrong as they are not related with the mismatch criteria

Steve has worked 36 hours this week at $10/hour. On his last shift of the week he clocks in at 8:05 am and takes his lunch at 11:53. He comes back from lunch at 12:35 and clocks out at 4:56. How much will Steve's Gross Pay be?

Answers

Answer:

$441.5

Explanation:

Hours already worked = 36 hours

Rate = $10 / day

Number of hours worked on last shift :

8:05 - 11:53 = 3 hours 48 minutes

12:35 - 4:56 = about 4 hours 21 minutes

Total hours (3 hours 48) + (4 hours 21 minutes). = 8 hours 9 minutes

Hence, total hours worked that week :

36 hours + 8hours 9 minutes

44 hours 9 minutes

Rate = $10 / hour

(44*$10) + (9/60 * $10)

$440 + $1.5

Gross pay = $441.5

For those brave enough to act effectively now to stabilise and protect your business and maintain liquidity, opportunity will come." Explain whether the Statement of Cash Flows is able to illustrate the ‘liquidity' of an entity to its users and provide ONE recommendation how companies can maintain liquidity during this pandemic.

Answers

Answer:

1. Yes. Cash flows are able to illustrate liquidity.

2. Recommendations

a. Reducing levels of Inventory.

b. Negotiating Longer credit settlement period with suppliers.

Explanation:

One of the uses of a Cash flow Statement is its use in negotiating loans with bank and other lenders. Of interest to these parties is the liquidity of the entity.

Liquidity is the ability of an entity to honor its short-term obligations using its current assets. Liquidity is reflected in the Cash flow from Operating Activities of the Cash flow Statement.

Recommendation

Companies can maintain liquidity through reducing levels of inventory. Inventory ties up cash. Negotiating longer credit settlement period with suppliers can also increase liquidity.

What effect do communication skills have on ability to pursue

Answers

Answer:

you. dummy joking I. don't know

What is another type of skill a good salesperson should have? Provide an example of why this type of skill is important.

Answers

the ability to persuade and background knowledge about the product. this is important because if a customer is having a hard time being convinced to buy the product this salesperson can try to use their persuasive abilities and the salesperson can incorporate their own first hand experiences with the product if they have background knowledge

seedbed preparation
activities
1.cleared the area

Answers

Get your supplies lay them out and start your seed preparing with paper towel water and the seeds

An applicant for a disability insurance policy has a heart condition in which they are unaware and therefore they answer no to the question pertaining to heart problems on the application. Their answer is considered to be a____

Answers

An applicant for a disability insurance policy has a heart condition of which they are unaware and therefore they answer no to the question pertaining to heart problems on the application. Their answer is considered to be a misrepresentation.

This is because the applicant is providing incorrect information about their medical history, either intentionally or unintentionally, which could potentially affect the insurance company's decision to offer them coverage or the premium rates they are charged.

In the case of the applicant who is unaware of their heart condition and answers "no" to the question about heart problems, this would be considered an innocent misrepresentation or omission.The applicant may genuinely not be aware of their medical condition and therefore, may not intentionally provide incorrect information on the application. However, the insurance company may still consider this a misrepresentation or omission, which could potentially affect the outcome of the application.

It is important for applicants to provide accurate and complete information on insurance applications, as any misrepresentations or omissions could potentially result in the denial of coverage or the cancellation of a policy. Insurance companies typically require applicants to sign the application, acknowledging that the information provided is true and accurate to the best of their knowledge. If an applicant later discovers that they provided incorrect information on the application, it is important to notify the insurance company as soon as possible to avoid potential issues with coverage in the future.

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[Romeo:] But, soft! What light through yonder window breaks?It is the east, and Juliet is the sun!Arise, fair sun, and kill the envious moon,Who is already sick and pale with grief,That thou her maid art far more fair than sheRomeo and Juliet,William ShakespeareWhat do these lines of the soliloquy show?Which words best describe the mood of these lines? What was the Anti-Federalists greatest concern about ratifying the U.S. Constitution?The lack of a federal court systemThe lack of legislative veto powerThe lack of a strong militaryThe lack of a bill of rights what is the positive and negative psychological impacts of modern 21st century popular music on our social identities and consumer purchasing habits? It's like everyone tells a story about themselves inside their own head. Always. All the time. That story makes you what you are. We build ourselves out of that story. -Patrick RothfussWHAT ARE YOUR THOUGHTS? What state of matter has particles that are close together but can slide past each other?. a client with acute pyelonephritis receives a prescription for co-trimoxazole p.o. twice daily for 10 days. which finding best demonstrates that the client has followed the ordered regimen? Which events are part of the road of trials in odysseuss heroic quest? select three answers. Joining the trojan war fleeing the lotus-eaters fighting the sirens facing charybdis and scylla battling the suitors learning humility and patience being reunited with penelope. what concentration of kmno4 is required to establish a concentration of 2.0108 m for the ba2 ion in solution? 9.The main difference between the salt in the DeadSea and salt in the school lab is thatA salt in the Dead Sea is saltier.B salt in the Dead Sea is iodized while thatof the lab is uniodized.C salt in the Dead Sea is sodium chloride whilethat of the lab has its hydrogen replaced.D salt in the Dead Sea is sodium chloridewhile salt in the lab is either soluble orinsoluble in water. a certain substance has a heat of vaporization of 26.64 kj/mol.26.64 kj/mol. at what kelvin temperature will the vapor pressure be 8.008.00 times higher than it was at 287 k? The following data was input into a spreadsheet program to determine the Intercept, Slope and R2 (RSQ) for Patient Days and Maintenance Costs for a local hospital:Month Patent Days (X) Maintenance Costs (Y)January 3,300 $4,450February 4,050 $4,750March 3,000 $4,200April 3,750 $4,600May 4,150 $5,050June 4,500 $5,400July 2,600 $4,400Intercept $2,734Slope $0.541RSQ 0.793The estimated variable maintenance cost per patient day for the hospital isSelect one:A. $5,468B. $0.541C. $2,734 oil floats on water because it is less dense and it does not dissolve. oil does not dissolve in alcohol, but does it float? explain. the density of salad oil is typically about 0.93 g ml-1, and a 5.00 ml sample of ethanol (grain alcohol) has a mass of 3.95 g. How did settlement patterns differ between the northern and southern colonies in the american revolution WHAT did the King send "swarms" of to the colonies? Why? A 1,200 kg car travels at 20 m/s. what is its momentum? (Meme attached for you.)The following original section of DNA is replicated, and a mutation occurs in the sequence. Compare the original sequence to the copied sequence. Which type of mutation occurred?The original DNA.TTACGGCCTAThe copied DNA.TTACGCCTA1. Physical 2. insertion3. Deletion 4. substitution Based on their composition and structure list, CH2Cl2, CH3CH2CH3, and CH3CH2OH in order of: a. Increasing intermolecular forces b. Increasing viscosity c. Increasing surface tension Evaluate. x^2 ; x = -3 Write a verbal statement to represent the equation 4m = -8 Heyyy Everyone,Help me with this Exercise,PleaseeeeIm needing your answers now, please If you answers my questions very good and excalty,I will give you the brainliest