Answer:
$176,400
Explanation:
Life insurance need = 0.70 × Salary amount × 7
= 0.70 × $36,000 × 7
= $176,400
Therefore using the easy method the amountof insurance that Stephanie should carry is $176,400
Answer: Signature included on the front or back of a check acknowledging that both parties have agreed to exchange the specified amount on the document
Answer:
Cash disbursements for insurance would be $ 168,700.
Explanation:
In accrual based accounting expenses are recorded when they are incurred. The payment against item purchased does not make it qualified to be recorded as expense. Any advance payment made is recognize as asset untill performance obligation has been completed. So in order to determine amount of payment we will use following accounting equation.
Payments = Prepaid current period + expenses - opening prepaid balance
Payments = 197,000 + 62,000 - 90,300 = $ 168,700
<span>Hours of labor or number of workers are common ways of measuring a company's_______?
</span><span>
Productivity
</span>
Answer:
As a result, the IFRS test is more strict than U.S. GAAP.
