Answer:
The amount of interest accrued as of December 31, 2016 is $10,980.
Explanation:
On December 31, two months interest is accrued and this is equivalent to 61 days (30 days for November and 31 days for December).
Calculation of Interest accrued is as follows ;
Interest accrued = $360,000 × 6% × 61/120
= $10,980
Answer:
the correct answer is
A) The company's in-house designers have a knack for identifying and popularizing fashion trends.
good luck
Answer:
The correct answer is option a.
Explanation:
If a tax worth €1.00 per liter on petrol is imposed it will create a tax wedge of €1.00 between the price the buyers pay and the price the sellers receive.
A tax wedge can be defined as the deviation from the equilibrium price and equilibrium quantity due to the imposition of taxes.
When a tax is imposed on a product, the consumer and producer both have to share the tax burden. The price paid by the consumers increases and the price received by gets reduced.
The quantity of product gets reduced as well.
A copay is a set rate you pay for prescriptions, doctor visits, and other types of care. Coinsurance is the percentage of costs you pay after you've met your deductible.