Answer:
1. Dr Interest expense 54
Cr Accrued interest 54
( To record interest expense )
Explanation:
Interest expense = 7200 * 9% = $648 * 1 /12 = $54 for the m/o dec
Answer:
Janine and Josh
Josh can advise Janine of each of the following except:
Josh should tell Janine that she can only change her current plan to a 5-
star plan during the Annual Election Period.
Explanation:
The Special Election Period (SEP) for the 5-star Medicare Plan lasts one week, that is, between Nov. 30 and Dec. 8. However, there is an Annual Enrollment Period (AEP) that lasts from October 15th to December 7th. During the annual enrollment period, any plan holder can change her Medicare plan, depending on its availability in her area.
Answer:
The value of a share of JRN after the announcement is closest to $2
Explanation:
24= 3 /(r-0.55)
r= 0,675
- now when Dividend is changed
Price = 1.1/(0,675 -0.1) = $ 1,91, approximately $2
Answer:
Business Continuation Plan
Explanation:
Business Continuation plan is a form of agreement developed by partners of a business whereby in a case when one partner dies or is permanently disabled in such a way he/she becomes ineffective, the other partner would buy out the interest of the deceased or permanently disabled at s already predetermined price.
In general business Continuation plan guides against potential threats to a company. It ensures personnel and asset are protective and able function quickly in the case of disaster. In this situation, the potential threat against the company is the death of a partner and the method used in protecting the company is by fixing a price for a partner to by the other partner's interest should in case one dies.
