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2 years ago

How much do you expect gas to cost in 2020?

Business

2 answers:

mina [271]2 years ago

4 0

Atleast 5 dollars because of how there is a limited supply of gasoline today

sergij07 [2.7K]2 years ago

4 0

4.98 because every thing in 2020 is probably going to cost double of what it is today

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Which of the following terms describes making false statements about the financial condition of any insurer that are intended to

Marysya12 [62]

Answer:

The answer to this question is Defamation

Explanation:

Defamation refers to any statement (Whether written or verbal) that is untrue and injurious to any of the parties involved in the insurance business.

A statement is said to be a Defamatory statement if it is false especially regarding the financial condition of the insurer.

Identifying defamatory statement

Statements must be untrue
it must be capable of causing damage of injury to person or business.

5 0

3 years ago

Use your knowledge of balance sheets, what are the total liabilities and retained earnings in the text below, respectively? ASSE

Vera_Pavlovna [14]

Answer:

B) 280,000; 200,000

Explanation:

Assets = Liabilities + Shareholder Equity

Assets:

Cash $50,000

Accounts receivable $80,000

Inventory $100,000

Gross P&E $730,000

depreciation ($130,000)

total = $830,000

Liabilities:

Accounts payable $12,000

Notes payable $50,000

Long-term debt $218,000

total = $280,000

Equity = $830,000 - $280,000 = $550,000

Common stock $100,000

Add. paid-in capital $250,000

Retained earnings = $550,000 - $100,000 (common stock) - $250,000 (APIC) = $200,000

3 0

3 years ago

Prepare a multiple-step income statement for Armstrong Co. from the following data for the year ended December 31. Sales, $755,0

Tatiana [17]

Answer:

See explanation

Explanation:

Armstrong Co.

Multi-step Income Statement

For the year ended, December 31, 20YY

Sales $755,000

Less: Cost of merchandise sold (330,000)

Gross Profit $425,000

Less: Operating expenses

Administrative expenses $35,000

Selling expenses $50,000

Total operating expenses $85,000

Income from operation $340,000

Other revenue and expenses:

Rent Revenue $25,000

interest expense ($30,000)

Total other revenues (expenses) $(5,000)

Income before taxes $335,000

Less: Income Tax 0

Net Income (loss) $335,000

That is the appropriate way to prepare a multi-step income statement

3 0

3 years ago

list different types (models) of diffusion and provided examples/illustrations of each in the real world.

DedPeter [7]

The different types of diffusions are

Expansion Diffusion

Contagious Diffusion.

Hierarchical Diffusion.

Stimulus Diffusion.

Expansion diffusion is while innovations unfold to new places even as staying sturdy in their original places. For instance, Islam has unfold at some point of the sector, but stayed sturdy in the center East, wherein it became based.

Expansion diffusion happens when the spreading phenomenon has a supply and diffuses outwards into new areas, an instance being a spreading wildfire. Relocation diffusion takes place while the spreading phenomenon migrates into new areas, leaving at the back of its beginning or source of the sickness.

Expansion Diffusion is the spread of a concept through a population wherein the amount of these influences grows continuously large. There are 3 sub-styles of growth diffusion: Stimulus, Hierarchical, and Contagious.

Learn more about Expansion diffusion here: brainly.com/question/7215000

#SPJ4

6 0

1 year ago

West Corp. issued 20-year bonds two years ago at a coupon rate of 8.3 percent. The bonds make semiannual payments. If these bond

lora16 [44]

Answer:

Yield to Maturity (YTM) is 7.94 %.

Explanation:

Yield to Maturity (YTM) refers to internal rate of return that bond holder will earn if he purchased the bond today at the current market price and held it till maturity of the bond.

Yield to Maturity of the the bond = [Coupon payment+ (Future value of bond - Present value of bond / no. of Periods)] / [(Future value of bond + Present value of bond)/2] ---- (a)

Bond maturity period = 20 years

Coupon rate = 8.3 %

Par Value = 1000

No. of periods = 2 x 20 = 40 (semi- annual)

Coupon payment = 8.3 % x 1000 = 83 = 83/2 = 41.5 (Semi-annual)

Present value of bond = 104 percent of Par value = 104

Future value of bond = 1000

YTM = ?

Putting the values in equation (a),

Semi annual YTM = [41.5 + (1000-1040 / 40)] / [(1000 + 1040)/2]

Semi annual YTM = [41.5 + (-40/40) ] / [(1040)/2]

Semi annual YTM= [41.5 - 1] / 1020

Semi annualv YTM = 40.5 / 1020 = 0.0397

Hence, Annual yield to maturity = 0.0397 x 2 = 0.0794 or 7.94 %.

6 0

3 years ago