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Answer:
The amount of interest revenue that should be reported in the first year is: $3,400
Explanation:
Jovel Company loaned another company $170,000 at a 12.0% interest rate.
Interest amount per year = $170,000 x 12.0% = $20,400
Interest amount per month = $20,400/12 = $1,700
From November 1 to December 31, Jovel Company has loaned the another company for 2 months.
The company's annual accounting period ends on December 31. The amount of interest revenue that should be reported in the first year:
$1,700 x 2 = $3,400
Answer: true
Explanation:
The reports available on Aetna's producers world are ones Medicare business book, month or year of commission report and licensing reports.
The requirements necessary to have ready-to-sell Aetna Medicare status are
Aetna Individual Medicare certification for the products one intend to sell, active contract through Medicare Producer Contracting site, having a licensed in the state one wants to sell and also passed ng a check done background.
Any voluntary disenrollment occurring within three (3) months of the membership effective date is considered a rapid disenrollment and will result in a chargeback of the full commission paid is true.