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MrMuchimi
3 years ago
5

Mason pays $251 monthly for auto insurance. He had an accident involving another car. His

Business
2 answers:
Evgesh-ka [11]3 years ago
4 0

Answer: Yes, the years worth of payments is more than the actual claim

Explanation:

the claim was $2500 and he payed $3,012 a year for insurance

hodyreva [135]3 years ago
3 0
Yes the years worth of payments is more than
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The following totals for the month of June were taken from the payroll records of Seminole Company: Salaries, $100,000 FICA taxe
tekilochka [14]

Answer:

Given that,

Salaries = $100,000

FICA taxes withheld = $7,650

Income taxes withheld = $18,000

Federal unemployment taxes = $450

State unemployment taxes = $2,100

Therefore,

Payroll Tax Expense:

= FICA taxes withheld + Federal unemployment taxes + State unemployment taxes

= $7,650 + $450 + $2,100

= $10,200

The journal entry is as follows:

Payroll Tax Expense A/c                 Dr. $10,200

To FICA taxes withheld                                          $7,650

To Federal unemployment taxes                           $450

To State unemployment taxes                               $2,100

(To record accrual of employer’s payroll taxes)

6 0
3 years ago
Which of the following is a multiple meaning word? A) Greed , B) turtle , C) Monitor , D) health
alekssr [168]
(d) health, because it can be used in different ways
5 0
3 years ago
Read 2 more answers
Keenan Industries has a bond outstanding with 15 years to maturity, an 8.75% coupon paid semiannually, and a $1,000 par value. T
mixas84 [53]

Answer:

b. 5.27%

Explanation:

First, find the PV of the bond today. With a financial calculator, input the following and adjust the variables to semi-annual basis;

Face value; FV = 1000

Maturity of bond; N = 15*2 = 30

Semiannual coupon payment = (8.75%/2)*1000 = 43.75

Semi annual interest rate; I/Y = 3.25%

then compute Price; CPT PV= 1,213.547

Next, with the PV , compute the yield to call (I/Y) given 6 years;

Maturity of bond; N = 6*2 = 12

Semiannual coupon payment = (8.75%/2)*1000 = 43.75

Price; PV= -1,213.547

Face value; FV = 1,050

then compute Semiannual interest rate; CPT I/Y = 2.636%

Convert the semiannual rate to annual yield to call = 2.636*2 = 5.27%

7 0
3 years ago
Amanda Winter worked as a public engagement coordinator at Safe Food Alliance until three months ago when her manager, Laura Mor
arlik [135]

Answer:

Option D is the correct answer to this question.

Explanation:

Laura sat in on only one of Amanda's presentations before giving her the promotion.

They were made by hand before slides were mounted on computers. Designing a PowerPoint presentation took several hours and though it was costly. Presentations were illustrated back then people with devices such as journal flip charts and computer monitors, but these have been used in schools and conference rooms worldwide.

Other options are incorrect because they are not related to the given scenario.

6 0
3 years ago
Anna has worked for the Nutty Boys Nut Butter Company for several years now and was recently recognized as one of the company's
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A


Social media


Social media is so fun you can talk to who ever one to talk to
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