2016 may 1 Debit Notes Receivable $5,300
Credit Accounts Receivable $5,300
2016 dec 31 Debit Interest Receivable $106
Credit Interest Income $106
2017 may 1 Debit Cash $5,459
Credit Notes Receivable $5,300
Credit Interest Receivable $159
Answer:
It is called a co-pay.
Explanation:
"A copay is a fixed out-of-pocket amount paid by an insured for covered services." - https://www.investopedia.com
Answer:
social integration. i hope this helps for you!
Explanation:
Answer:
$70,000
Explanation:
In this question, we are asked to calculate the amount credited to common stock warrants at issuance of the preferred stock.
A mathematical approach is needed to compute this.
Mathematically the amount credited to common stock warrants at issuance is calculated by multiplying the selling price of a warrant by the number of warrants.
The selling price of a warrant according to the question is $7. The number of shares issued is 10,000.
The amount credited to common stock warrants at issuance = $7 * 10,000 = $70,000
Answer:
$1,534.372
Explanation:
The computation of the expected level of the index in one year is shown below:
= Current index level × 1 + expected rate of return on the market - expected future value of the dividend paid over the next year
= $1,433 × (1 + 8.4%) - $19
= $1,553.372 - $19
= $1,534.372
We simply applied the above formula so that the expected level of the index in one year could come
