Answer:
Insurance expense amount is $500
Prepaid insurance amount is $7,000
Explanation:
The prepaid insurance amounts to $300, on March 31, before the adjustment, that represents the remaining portion of the policy before the renewal. And this amount must have expired by the March 31, as there is only a single insurance policy and which will be renewed on March 1.
The $300 is involves in the insurance expense for the 3 months that ended on March 31, and in addition, 1 month coverage is there.
Therefore, amount of $200 ($7,200/ 36 months), which is involves in the insurance expense for the 3 months. In aggregate $500 of the insurance expense is acknowledged.
Prepaid insurance left out balance on March 31, is $7,000 ($7,200 - $200).
Welders require little formal education.
A welder fuses metal components to form a final product that meets a client's request. They need physical strength and proper skills to manage hazardous and heavy welding equipment. Welders are employed in a myriad of industries, including construction, steel, aerospace, and motor vehicles, each of which may depend on their level of expertise.
Hope this helps!
Answer:
Return on the investment = 10.8%
Explanation:
<em>The return on a stock is the sum of the capital gains(loss) plus the dividends earned.</em>
<em>Capital gain is the difference between he value of the stocks when sold and the cost of the shares when purchased.</em>
Total shareholders Return =
(Capital gain/ loss + dividend )/purchase price × 100
So we can apply this to the formula:
Dividend = 1.8 × 340= $612
Capital gain = (83.54-77.03)× 340 =$ 2213.4
Cost of shares = 340 × 77.03= $26,190.2
% return = (612 + 2213.4)/ 26,190.2 × 100
= 10.8%
Answer:
Mix of debt and equity that would be used to finance the specific project.
Explanation:
This is the amount of capital that can raised which include examples like issuance of common stock.
Answer:
D) 38%
Explanation:
The computation of the total return during the most recent year is shown below:
= (Price of stock at the year end 2 - Price of stock at the year end 1) ÷ (Price of stock at the year end 1)
= ($18 - $13) ÷ ($13)
= ($5) ÷ ($13)
= 38.46%
Basically we deduct the price of year end 1 from the price of year 2 and then divide it by price of year end 1 so that the total return could come