Answer:
$92,400
Explanation:
Coolwear incorporation has a balance in its prepaid insurance account of $48,400
In 2018, $86,000 was paid for insurance
At the end of 2018, the balance was $42,000 after adjusting entries were recorded
Therefore the insurance expense for 2018 can be calculated as follows
= $48,400 + $86,000-$42,000
= $134,400-$42,000
= $92,400
Hence the insurance expense for 2018 is $92,400
<span>Mandated by the authority figures in said organization. Even if the policies and procedures seem to be lacking in the wisdom department, the policies and procedures need to be followed to the best of ones abilities as laid out by said authority figures.</span>
Answer:
b. it expects that this will increase sales and profits
Explanation:
Someone with the skills mentioned above would be great as (A) a credit analyst.
A credit analyst is <u>a person working in finances whose main job is to assess the creditworthiness of companies, individuals, and securities. </u>
Credit analysts are usually employed by public or private financial institutions (both banking or non-banking).
Answer:
$6268.21
Explanation:
Future value = $8000
Interest(r) = 5%
Period (n)= 5 years
How much need to deposit?
Find the Present value:
PV = FV / (1+r)n
= 8000 / (1.05)5
= 8000 / 1.27628156
Present Value / Amount need to deposi today = $6268.21 approx
