Answer:
The correct option is $457
Explanation:
The amount of cash paid in respect of insurance for the current period can arrived at using the below proforma or format:
Insurance expense in the year $477
less insurance prepaid in the previous year ($50)
add insurance prepaid this year $30
Cash paid for insurance in the current year $457
It is important to note that the question required actual cash paid in respect of insurance in the current year,full knowing that the beginning balances in prepayment was paid for last year implies that it should be deducted and the other way round for the closing insurance prepayment this year
<span>Price floors can have differing effects depending on other government policies. If the government agrees to purchase a specific maximum of unsold products at the price floor, it incentivizes a business to increase supply or at least to stay in the industry despite slow sales. Many governments do this for areas they see as strategically or politically significant, such as agriculture, or to prevent what they consider to be unfairly low prices of its products. If a foreign government sets a price floor for coffee beans, for example, and then agrees to buy the surplus up to a certain amount, it encourages growers to maintain their operations by placing an effective hedge against price fluctuations. If you own a small coffee shop, these price floors mean that you’re more likely to be able to find your imported beans, but you’ll pay more for them</span>
Explanation:
Lack of entrepreneurs will lead to lower jobs, innovative products and a decline in economy. By developing new technology, goods, and services, entrepreneurs help to fuel the economic growth.
Yes, because the definiton of unemployed is doesn't have job but is ready to work
It is called Affective commitment
Affective commitment is aimed to create positive emotional attachment from the employees toward the company.
Providing the access will make the low-level employees in the company feel much more comfortable in adressing their concern towards the high-level employees
