Answer:
total paying each month = $145.50
Explanation:
given data
medical insurance = $345
employer pays = 65%
monthly dental premium = 50% of $38
monthly premium for the vision plan = 75% of the $23
solution
we get here total monthly premium that has to pay
so get here amount that is cover from the medical insurance, dental and vision
value of the premium will be add each of them and they are
medical = $345 × (1 - 0.35 )
= $120.75
dental = $38× (1 - 0.50 )
= $19
vision plan = $23 × (1 - 0.75 )
= $5.75
so total paying each month = $120.75 + $19 + $5.75
total paying each month = $145.50
Answer:
$115,000
Explanation:
The computation of the amount paid is as follows:
= Occurrence limit + court cost & attorney fees
= $100,000 + $15,000
= $115,000
Hence, the amount paid by the CGL policy is $115,000
It could be come by applying the given formula in order to get the correct value and the same is relevant too.
Answer:
The correct answer is letter "D": net income for the year will be overstated.
Explanation:
Net Income is an important measure of how profitable the company is over a period of time. Net income is calculated by taking the total revenue and subtracting the business expenses which results in the earnings before tax. After taxes are deducted, the amount obtained will be the firm's net income.
Prepaid insurances are considered expenses of a company. Thus, <em>if the payment of the prepaid insurance was not recorded, the net income of the firm will be overstated.</em>
Answer:
Increase , increase
Explanation:
A decrease in the supply of a product increases in its price. Reduced supply means many buyers competing for the few available products. The prices of goods or services are determined by the intersection of the demand and supply curves. There is an indirect relationship between supply and price of quantity supplied when demand is constant. A reduced supply results in high prices while an increase in supply causes low prices.
As prices increase, suppliers will want to supply more to make profits. Constant demand and a high price will thus lead to an increase in equilibrium quantity.
The truth about open-end mutual funds is that they <span>are bought or sold at their net asset value.
</span><span>Open-end mutual fund is a type of fund which shares are bought and sold on demand at their net asset value, or NAV, which is based on the value of the fund's underlying securities and is generally calculated at the close of every trading day.</span>
