Answer:
The correct entry would be:
Account Debit Credit
Finished Goods xxxxx
Work-in Process Curing xxxxx
Work-in Process Blending xxxxxx
Companies provide insurance plans to employees as a means of having employee loyalty and retention.
<h3>What is insurance?</h3>
Insurance is a policy contract, in which an individual gets financial protection or compensation against losses from an insurance company. Insurance company pool clients' risks to make payments more affordable for the insured.
Companies provide insurance plans to employees as a means of having loyalty and retention. This is because offering group health insurance can help small businesses keep their top employees on a long term basis.
Also, companies provide insurance plans to employees in order to make medical coverage more accessible and affordable to their employees.
Therefore, companies provide insurance plans to employees as a means of having employee loyalty and retention.
Learn more about insurance here: brainly.com/question/2495777o
Answer:
$857
Explanation:
Price of the bond is the present value of all cash flows of the bond. These cash flows include the coupon payment and the maturity payment of the bond. Both of these cash flows discounted and added to calculate the value of the bond.
According to given data
Face value of the bond is $1,000
Coupon payment = C = $1,000 x 5.5% = $55 annually = $27.5 semiannually
Number of periods = n = (April 18, 2036 - April 18, 2020) years x 2 = 16 x 2 period = 32 periods
Market Rate = 7% annually = 3.5% semiannually
Price of the bond is calculated by following formula:
Price of the Bond = C x [ ( 1 - ( 1 + r )^-n ) / r ] + [ F / ( 1 + r )^n ]
Price of the Bond = 27.5 x [ ( 1 - ( 1 + 3.5% )^-32 ) / 3.5% ] + [ $1,000 / ( 1 + 3.5% )^32 ]
Price of the Bond = $524.29 + $332.59 = $856.98 = $857
Answer:
The answer is "Option D".
Explanation:
The formula for current assets: