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Delicious77 [7]

3 years ago

12

a person who can make decisions based on logical evidence is defined as which of the following? caretaker insurer reasonable per

son or logical person

2 answers:

Julli [10]3 years ago

7 0

A reasonable person...

Pepsi [2]3 years ago

5 0

I belive the the first one ...hope this helps you or do u need why?

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Assume that on February 1, Procter & Gamble (P&G) paid $729,600 in advance for 2 years’ insurance coverage. Prepare P&am

Readme [11.4K]

Answer:

Journal entry on February 1:

Debit Prepaid Insurance $729,600

Credit Cash $729,600

Annual adjusting entry on June 30:

Debit Insurance Expense $152,000

Credits Prepaid Insurance $152,000

Explanation:

On February 1, Procter & Gamble (P&G) paid $729,600 in advance for 2 years’ insurance coverage. The company records the insurance as the prepaid Insurance:

Debit Prepaid Insurance $729,600

Credit Cash $729,600

On Jun 30, the last day of the following 5 months, the company records an adjusting entry that Credits Prepaid Insurance for $152,000 ($729,600 divided by 24 months times the 5 months that will be prepaid as of Jun 30) and Debits Insurance Expense for $152,000

Debit Insurance Expense $152,000

Credits Prepaid Insurance $152,000

7 0

3 years ago

4. If your checking account's balance is

levacccp [35]

A. $2164.89
Basically just subtract, 3,678.89-1514 = 2,164.89

6 0

3 years ago

Suppose your company needs $13 million to build a new assembly line. Your target debt-equity ratio is .55. The flotation cost fo

natulia [17]

Answer:<em>True cost = $\frac{cost of assembly}{1-weighted flotation cost }$ </em>

<em>= $\frac{13,000,000}{1- 0.049}$ </em>

<em>= $ 13,669,821.2</em>

Explanation:

Given :

Debt-Equity ratio = 0.55

Flotation cost for new equity = 6%

Flotation cost for debt = 3 %

∴ To compute the weighted flotation cost , we'll use the following formula:

Weighted Flotation cost = $\left [ \frac{1}{1+Debt-Equity ratio}\times Flotation cost of equity \right ] + \left [ \frac{Debt-Equity ratio}{1+Debt-Equity ratio}\times Flotation cost of debt \right ]$

= $\left [ \frac{1}{1+0.55}\times 0.06 \right ] + \left [ \frac{0.55}{1+0.55}\times 0.03 \right ]$

= 0.0387 + 0.0106

= 0.04934 or 4.93%

The true cost of building the new assembly line after taking flotation costs into account is evaluated using the following formula :

True cost = $\frac{cost of assembly}{1-weighted flotation cost }$

= $\frac{13,000,000}{1- 0.049}$

= $ 13,669,821.2

3 0

3 years ago

Assume you have a business that provides products to older people. Looking ahead, you have reason to expect ________Assume you h

butalik [34]

Answer:

increasing sales, because your target population is increasing in size.

Explanation:

There will definitely be a bright future in the business because the targeted population which happens to be the elderly ones keeps increasing in size, hence, there will be increase in sales and in turn there will be increase in turnover which is a good thing for the business.

6 0

3 years ago

By referring to the attorney by his title but calling other employees by their first names, the law firm is transmitting their o

Nesterboy [21]

Answer:

A.material symbols

Explanation:

When conveying culture through material symbols, the organisation communicates the profile of someone who is important, the expected behaviours, and traits that give degree of equality in the organisation.

By addressing the attorney by his title the message conveyed is that the attorney's status is something that every employee should strive to achieve, so that they earn the right of equality (to be called by their title).

5 0

3 years ago