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muminat
4 years ago
8

Warren, Inc. purchased a $400,000 life insurance policy on the company president on January 1, 2017. The premium that was paid o

n January 1 amounted to $11,600. In the first year, cash surrender value increased by $900 and dividends received by Warren from the insurance company for the year amounted to $300. What was Warren’s insurance expense for 2017?
Business
1 answer:
stealth61 [152]4 years ago
4 0

Answer: $10,400

Explanation:

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Marginal utility measures A. the slope of the budget line. B. the marginal rate of substitution. C. the slope of the indifferenc
ivolga24 [154]

Answer:

The additional satisfaction from consuming one more unit of a good

Explanation:

Marginal utility falls as consumption increases.

The Marginal Rate of Substitution (MRS) is the rate at which consumers exchange quantities of units of one good number for another good at the same level of utility.

I hope my answer helps you

8 0
3 years ago
Identifying and Analyzing Financial Statement Effects of Cash Dividends Freid Corp. has outstanding 6,000 shares of $50 par valu
Neporo4naja [7]

Answer:

Assets              =                Liabilities          +               Equity

cash (18,000)                       NA                          Retained earnigns (18,000)

cash (88,000)                      NA                          Retained earnigns (88,000)

Retained earnings is an equity account and any cash dividends paid either to preferred or common stock will decrease cash and retained earnings, remember that both sides must balance.

6 0
3 years ago
If you need money, what are three alternatives to taking a cash advance on your credit card?
sertanlavr [38]
For me ,I will not taking cash advance on my credit card
3 0
3 years ago
What are primary and secondary markets?
kotegsom [21]

Answer:

Explanation:

The primary market is the market in which the new securities like bonds, stocks, etc are offered to the general public for the first time or we can say Initial public offer.

The initial public offer is an example of the primary market .

On the other hand, the secondary market is that market in which the securities are purchased or sold through the investors after offering to the general public.  

Example - New York Stock Exchange (NYSE), etc.

8 0
3 years ago
A Truss Above, a home builder in the United States, secures products such as roofing shingles, cabinets, and plumbing materials
galina1969 [7]

The practice that sees the contractor using outside suppliers to build homes is known as <u>Importing</u>.

<h3>What is importing?</h3>

This refers to when goods are acquired from outside the nation for reasons such as the goods being cheaper and more available.

Truss Above is engaged in importing when it buys goods from outside suppliers and then uses it in the United States.

Find out more on importing at brainly.com/question/13663581.

#SPJ1

6 0
2 years ago
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