1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
belka [17]
3 years ago
11

a company paid the $1,350 premium on a three-year insurance policy with benefits beginning on that date. What will be the insura

nce expense on the annual income statement for the year ended December 31
Business
1 answer:
enyata [817]3 years ago
3 0

Answer:

$337.50

Explanation:

Given that

Three year insurance policy = $1,350

So, the insurance expense on an annual basis would be

= Three year insurance policy ÷ number of years

= $1,350 ÷ 3 years

= $450

For April 1 to December 31, the months is 9 months

So, for 9 months, it would be

= $450 × 9 months ÷ 12 months

= $337.50

We assume the premium is paid on April 1

You might be interested in
What would be one duty of a network administrator
Sophie [7]

Answer: monkey

Explanation:

7 0
3 years ago
Read 2 more answers
You discovered you can deduct medical expenses over 6% of your income. Your income is $42,000, and you had medical expenses of $
strojnjashka [21]
The answer is A. 0. 6% of $42,000 is $2520. You only have $567 in medical expenses. You're expense has to be more than $2520 before you can deduct it.
4 0
4 years ago
Suppose there an increase in production cost decreases the supply of wheat, such that less wheat is supplied at each price level
pickupchik [31]
Increases. hope this helps
8 0
3 years ago
A self-employed psychologist treats clients in an office in his own house. What must the psychologist do with his house in
mr_godi [17]

Answer:

A self-employed psychologist treats clients in an office in his own house. What must the psychologist do with his house in  order to best serve clients?keep the house clean and private

Explanation:

Psychology is a branch of medicine that deals with mental health services and counselling to help assess and improve a patient's mental health state. In the recent past, mental health has become a major concern since it is very important in our social and personal life. Mental health affects how we feel, think and react to various situations in the environment. More people are taking mental health very serious as more people seek the treatments and services of psychologists. A psychologist is one who studies the mental health of people and offers treatment and counsel on how the patient can improve mentally.

Psychologists often require there patients to express their deepest mental and emotional states. This is leaves the patient vulnerable in most cases. To protect patients in such cases against vulnerability, the psychologists are often required to abide by a code of ethics such that the patient information is kept safe and secure. For a self-employed psychologist who treats his patients in an office in his own house, code of practice states that the house has to be clean and private.

4 0
3 years ago
We want to send all of our high-value customers a special VIP gift. We are defining high-value customers as those who have made
Setler79 [48]

Answer:

Customer ID HANAR

Customer Name Hanari Carnes

Order ID 10981

Total Amount 15810.00

Explanation:

Companies focus on Customer retention policies for high valued customers. The companies do not want to upset their high valued clients and lose a great part of their sales from these customers. In this question all the high valued customers are sent gifts by the company who has shop for $10,000 or more from the company this year. From the given list we have sorted the high valued customers based on this criteria.

4 0
3 years ago
Other questions:
  • You put $500 in an interest bearing bank account that pays 2% per year but has a fee of $2 per month. Are you getting ahead?
    5·1 answer
  • What placed a major strain on china's economy?
    6·1 answer
  • what is a common characteristic of careers in the information support services pathway? choose all answer that are correct
    14·1 answer
  • If your business is set up as a corporation, your salary is
    15·2 answers
  • On February 28, 2005, Master, Inc., had total assets with a fair market value of $1,200,000 and total liabilities of $990,000. O
    8·2 answers
  • Firm 1 and firm 2 are competing for a franchise. The present value of the net revenues generated by the franchise are equal to R
    10·1 answer
  • The European Union (EU) bans the importation of hormone-fed U.S. beef and bioengineered corn and soybeans on safety grounds alth
    8·1 answer
  • Most of the farmers' tomato crops have been killed by insects. What will probably happen to the cost of
    9·1 answer
  • If the planned budget revenue for 5,000 units is $120,000, the flexible budget revenue for 4,500 units is ______.
    9·1 answer
  • An employer-sponsored medical plan that allows each employee to have pretax earnings deposited into a specially designated accou
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!