Answer:
d. If Master is an insurance company
Explanation:
According to the given question, on January 15, 1991, Master made a monthly installment note payment to Acme Distributors, a creditor. Master Inc. had total assets with a fair market value of $1,200,000 and total liabilities of $900,000 on February 28, 1991. However, Master voluntarily filed a petition in bankruptcy on March 15, 1991. If the equipment was sold for less than the balance due on the note to Acme and a creditor challenged Master's right to file, the petition would be dismissed if Master is an insurance company.
Insurance is an entity that protects from financial loss. It is a form of risk management.
Answer:
standard set by the company and those delivered by the employees.
Explanation:
Gap model of service quality deals with providing the best of the services to the customers or improved services to the customers. It deals with bridging the gap between the customers expectations and employees services.
Gap model of service quality comprises of finding out the gaps and then working over it.
In this case where Ambient Management, Inc. was experiencing a gap in the services it was providing. It closed the gap by ensuring that its customer-facing staff had the skills, training, and proper tools to perform their job. For this purpose it dealt with the delivery gap which shows the difference between the services provided and expected by the customers.
This gap was filled by the company by providing proper training ,skills and resources to the customers.
Answer:
$548
Explanation:
Calculation for the present value
Using this formula
= P / ( 1 + r ) ^ t
Where,
P represent Principal=1,000
r represent rate=12.78%
t represent Time= 5 years
Let plug in the formula
P=$1,000/(1+0.1278)^5
P=$1,000/(1.1278)^5
P=$1,000/1.825
P=$548
Therefore the present value of $1,000 to be received in 5 years is $548 if the discount rate is 12.78%.
Answer:
We have a total Debit and credit amount of $24,400
Explanation
Attached herewith is the adjusted trial balance of the company. In preparation of trial balance, we must consider na nature of the accounts to be recorded. All assets account with normal balances should be posted as debits. All Liabilities and equities accounts with normal balances should be posted on credit side. Revenue is on credit side and all expenses on the other hand is posted on debit side.
Answer:
where's the picture I cant find it
