Answer:
$132,400
Explanation:
Calculation for the Insurance expense
Using this formula
Insurance expense= 2017 Ending Balance in prepaid insurance account+ Amount paid for insurance-2018 Ending Balance in prepaid insurance account
Let plug in the formula
Insurance expense=$68,400+$106,000-$42,000
Insurance expense=$132,400
Therefore the Insurance expense recorded 2018 would be $132,400
Answer:
true
Explanation:
A stock dividend refers to the payout to owners that is provided not in cash but in equity. The stock dividends does have the benefit of paying stakeholders without lowering the cash flow for the business.
A stock split and option split is growing a company's amount of assets. A stock split triggers a fall in the trading price of actual securities, which does not trigger a shift in the business's market capitalisation.
Thus there is no monetary gain benefits from both the methods they are just implemented to adjust price of shares.
I think the answer is b. Sorry if it isn't it is just a guess.
In putting in so much effort to find out about his competition and the products they offer, Dakari is most likely a. evaluating opportunities
There are several ways to learn about new opportunities in the market and some of them include:
- Finding out what your customers want
- Finding out what the trends your industry is moving towards
- Finding out what your competitors are up to
Your competitors will constantly be trying to make better products in order to capture more market share. You can therefore look at what they are doing to find out what new thing you can be doing.
This is what Mr. Dakari is doing so we can conclude that he is evaluating opportunities.
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