Answer:
HRA
Explanation:
HRA is health reimbursement accounts (or Health Reimbursement Arrangement). This is a type of employer-funded benefit that reimburse for medical expenses of employees in specific types of cases. Money in this account can be carried at the end of the current to the next year.
So that in the case of Jenna, her current corporate company is the one funding the account. So that, the money would lose when Jenna switches to another job.
Answer:
the minimum acceptable price is $4
Explanation:
The computation of the minimum acceptable price is shown below:
Here the minimum acceptable price would be considered as a variable selling cost i.e. calculated below:
= Selling cost × variable percentage
= $10 × 40%
= $4
hence, the minimum acceptable price is $4
The same would be considered and relevant too
Answer and Explanation:
The journal entry is shown below
Sales tax (($257,000 + $154,800) ×7%) $28,826
To sales tax payable $28,826
(Being the sales tax expense is recorded)
Here the sales tax is debited as it increased the expense and credited the sales tax payable as it also increased the liability
The calculation is as follows;
= $27,4990 ×100 ÷ 107
= $257,000
And,
= $165,636 × 100 ÷ 107
= $154,800
Describe business owner policy.
One business insurance coverage known as a Business Owner's Policy (BOP) combines business property and liability insurance. BOP insurance aids in protecting your company from claims brought about by fire, theft, and other covered events.
A unique sort of commercial insurance created specifically for small and medium-sized firms is known as a business owner's policy.
Liability, property, and business income insurance coverages are the three main categories of coverage included in the BOP. These specifically consist of: If your company is accused of harming another person or causing bodily harm while conducting business, general liability insurance will defend your company against legal action.
Learn more about Business Owner's Policy here
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True! companies examine the demographics of people in a population, then selectively pick out a demographic among the many for whom they want to target their products and services at
