Answer:
$300
Explanation:
When insurance is paid in advance, the entries required are
Debit Prepaid Insurance
Credit Cash account
As time elapses and the insurance expires,
Debit Insurance expense
Credit Prepaid Insurance
Amount of insurance expense as at 31 December (6 months between 1 July and 31 December)
= 6/12 * $600
= $300
The insurance expense on the annual income statement for the first year ended December 31 is $300.
Answer:
If Ricardian neutrality holds true, after this change in the government's budget, private savings will equal 40.
Explanation:
S - I = X - M, where
S = Sp + Sg, where
Sp: private saving
Sg: Public saving = T - G
Sp + T - G - I = X - M
or,
Sp - I = (G - T) - (M - X) = Budget deficit - Trade deficit
Initially,
65 - 30 = 90 - 100 = - 10
When budget deficit falls to 50,
Sp - 90 = 50 - 100
Sp = - 50 + 90 = 40
Therefore, If Ricardian neutrality holds true, after this change in the government's budget, private savings will equal 40.
<span>Once the organization structure is in place, a supervisor must identify the tasks to be done, combine them into jobs, and then formalize the process through a: D. Scalar Chain
In a scalar chain, there is a clear distinction of authority between the supervisor and te employees. In this process, the employees are free to communicate to the supervisor about anything</span>
Control+Shift+Enter
Array functions in excel are powerful tools sometimes refereed to as "CSE" functions because you have to press Control+Shift+Enter in order to enter them in your worksheet.
Answer:
$64
Explanation:
A firm has an annual dividend of $4
The required return is 16%
Therefore the value of the preferred stock can be calculated as follows
= 16/100 × 4
= 0.16 × 4
= 0.64 ×100
= $64
Hence the value of the preferred stock is $64
