Simplify the Expression

question 145

Short Answer

Simplify the expression. Do not assume that the variables represent positive numbers.

---

Definitions:

Comprehensive Insurance

An insurance coverage that protects against a wide range of perils, excluding certain specified exclusions.

Prepaid Insurance

Prepaid insurance refers to payments made for insurance coverage before the actual coverage period, recognized as an asset on the balance sheet until used.

Insurance Expense

The cost incurred by a business for insurance policies it maintains for protection against risks.

Accrued Revenues

Revenues that have been earned but not yet received in cash or recorded by the company.