A budget is a plan you make to decide how you spend your money.
To make a budget you must decide how much of your money you want to spend and how much of it you want to set aside. To balance a budget, keep track of all your expenses, payments, and income.
<span>Affinity healthcare was fined over $1 million for a security breach that came about because of a mistake with their photocopiers. Affinity has come under scrutiny for returning numerous photocopiers to their leasing agents without first erasing the hard drives, which held images of documents containing protected health information.</span>
Answer:
Lucky Enterprises Income statement
Amount in $ Amount in $
Revenue 122,100
Operating expenses:
Salaries and Wages Expense 83,300
Rent Expense 22,400
Supplies Expense 5,500
Insurance Expense 3,700
Interest Expense 800
Bad Debt Expense 900
Depreciation Expense <u> 2,100</u>
<u> </u><u>(118,700
)</u><u> </u>
Net Income/(loss) <u> </u><u>3,400</u><u> </u>
Explanation:
The income statement is the statement that shows if an organization made a net income or loss from its operations over a period of time.
It shows the sales and expenses of the organization.
<span>By law, your liability insurance policy must provide minimum amount of $60,000 for collisions in which more than one person is injured.
A contract or legal document between policy holder and contractor, containing the terms including when an in insurance company will pay the loss and when it can reject the claim under certain conditions.</span>
Answer:
The annual cost to have this annuity is 16.66%
Explanation:
Solution
Given that
You pay an annuity of = $15,000
Annuity pays =$2500 per year
n =10 years
The rate of return = 5%
The estimated inflation is -6% average
Now
We find the annual cost to own this annuity
Thus
We find the real or actual yield given as:
I =PNR
$2500 = $15,000 * 1 * r
So,
R=$2500/$15,000
=0.1666 or 16.66 %