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Tresset [83]
3 years ago
9

How much will be in the Prepaid Insurance account at the end of the year, after the adjusting entries have been prepared and pos

ted
Business
1 answer:
Crazy boy [7]3 years ago
8 0

Answer: $8,400

Explanation:

The $9,600 is for 2 years in advance. This can be apportioned per month at a rate of;

= 9,600/24

= $400 per month.

October to the end of the year is 3 months so;

= 400 * 3

= $1,200 will be recorded for the year.

Prepaid Insurance will therefore reduce to;

= 9,600 - 1,200

= $8,400

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Ranger Inc. would like to issue new 20-year bonds. Initially, the plan was to make the bonds non-callable. If the bonds were mad
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Answer:

c. The required rate of return would increase because the bond would then be more risky to a bondholder.

Explanation:

Options to the question are <em>"a. There is no reason to expect a change in the required rate of return.    b. The required rate of return would decline because the bond would then be less risky to a bondholder.    c. The required rate of return would increase because the bond would then be more risky to a bondholder.    d. It is impossible to say without more information.    e. Because of the call premium, the required rate of return would decline."</em>

<em />

Bonds will be usually called back when the new interest rates are lower, this will lower the interest income of the investors. However, call premium cannot always compensate all the income loss by investors.

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2 years ago
Assume that Mr. and Mrs. Davis did not sign the lease agreement, but upon taking possession of the apartment on August 1 were ha
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Smith could sue Davis immediately for the unpaid portion of the lease

Explanation:

If a person does not have a rental, he / she may be disposed of in due course. Landlords may sue after commencement of proceedings for unpaid rent as well as for a fair compensation for any holdover use or occupancy.

In the first of a month, if the tenant pays interest, he or she owes a proportionate amount 20 days in the following month.

The landlord can sue for 20 days ' rent, if the tenant does not pay and just moves out, provided that his security deposit is too small or has been apprehensive due to necessary repairs or cleaning.

7 0
3 years ago
Alex is at the hardware store comparing different types of piping for a repair in his home kitchen. He can choose between copper
SIZIF [17.4K]

Answer:

D. Copper is a scarce resource, which increases its value.

Explanation:

Scarcity determine how much a certain type of resources is available. When the resources become less available, The price of that resources tend to increase.

Since producing copper is way harder than producing plastic, Producer needs a way to accommodate the bigger efforts that they need to make to produce the copper. This justify  why the price of copper is higher.

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Answer:

Prescriptive analytics.

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Hence, prescriptive analytics is a data analysis model that use optimization techniques.

For example, prescribing a car that is capable of finding the best route for a road trip.

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2 years ago
Commanders at most operational-level headquarters have observed that ccirs are developed to support three major activities. one
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The other two major activities are:

1: Understanding complex environment

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