Answer:
$227,500
Explanation:
The computation of the total amount of cash paid is shown below:
Cash paid for insurance premium = Prepaid Insurance at end of the year + Prepaid Insurance recognized - Prepaid Insurance at the beginning of the year
= $61,250 + $218,750 - $52,500
= $227,500
We simply applied the above formula so that the correct amount of cash paid could come with respect to the insurance premium
Answer: They tell you what you or your team needs to improve
Answer: provide the investors with greater interest yield
Explanation:
Federal Housing Administration (FHA) loan is simply a mortgage insured by the Federal Housing Administration and the main aim of the loan is to help meet the needs of low income earners.
A lender generally charges discount points on an FHA loan on order to provide the investors with greater interest yield.
Consolidated Omnibus Budget Reconciliation Act (COBRA) is a law that gives workers the right or permission to temporarily keep their medical coverage provided by their health plan after termination.
<h3>What is COBRA?</h3>
It is a federal health/safety law, passed in 1985, that allows workers after termination the right to stay in the same health insurance plan they previously had.
It seeks for workers and their families to continue their employer-sponsored “job” insurance if that insurance would end due to job loss or divorce or death in the family.
Therefore, we can conclude that COBRA is a law that gives workers the right or permission to temporarily keep their medical coverage provided by their health plan after termination.
Learn more about Consolidated Omnibus Budget Reconciliation Act here: brainly.com/question/8891400
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