Answer:
$40
Explanation:
The computation of the premium pay for the next year is shown below:
= Estimated medical bills × given percentage for next year
= $4,000 × 1 %
= $40
By multiplying the estimated value of medical bills with the next year given percentage, the premium for the next year can come
All other information that is given in the question is not relevant. Hence, ignored it
Answer:
Americans piled into the metal as protection from the collapsing value of the dollar. But since the 1970s, the government has enacted a series of laws that have made owning gold more difficult, more costly, and less private.
Explanation:
:D
Answer:
$2,238.16
Explanation:
In the disposal of assets, gain or loss will be a comparison between the book value and the selling price.
Book value is the asset costs minus accumulated depreciation.
in this case, the book value will be
= Asset cost - Depreciation
= $31,588- $28,429.20
=$3,158.8 is the book value.
Gain or loss = selling price- book value
=$5,369.96 - $3,158.8
=$2,238.16
A gain of$2,238.16 will be gain from that sale.
Answer:
This is a repeat question on Brainly but here you go.
<h2><em>
$51,500
</em></h2>
Whether original cost or replacing cost is given in the question but we considered that cost in which the partner give their consent
So, the equipment amount should be debited at <em>$51,500
</em> instead of the original cost or the replacing cost
Answer:
Value of scholarship today = $30,484.90
Explanation:
The value of the Scholarship is the present value of the annual payment of $9,000 discounted as the annual interest rate of 7% per annum.
This can be computed using the formula below
Present Value = Annual cash flow × (1- (1+r)^(-n)/r)
n -number of years, r-interest rate
rate r- 7%, n=4, Annual cash flow = 9,000
Present Value = 9,000× (1-1.07^-4)/0.07
= 9,000× 3.3872
= $30,484.90
Value of scholarship today = $30,484.90