1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Anon25 [30]
3 years ago
13

Olsen Company paid or collected during 2014 the following items:

Business
1 answer:
Karolina [17]3 years ago
4 0

Answer:

A.  $26,400

Explanation:

Prepaid insurance beginning balance       $3,000

Add: Insurance paid during year                <u>$25,800</u>

                                                                     $28,800

Less: Prepaid insurance Ending balance   <u>$2,400  </u>

Insurance expense                                      <u>$26,400</u>

You might be interested in
Jeff opted to exercise his August option on August 10 and received $2,500 in exchange for his shares. Jeff must have owned a(an)
gtnhenbr [62]

Answer:

c. American put.

Explanation:

American options are defined as the type of contract that allows owner to exercise his option rights on any date of his choosing. This can even be on the date of expiration of the option.

European option on the other hand only allows option rights on the day of expiration of the option contract.

American put option allows the owner sell his option at any period within the contract life.

In the given scenario Jeff decided to sell his August options on on the 10th of August (before the expiry date). In exchange he recieved cash of $2,500.

4 0
3 years ago
How are goods produced? Determines:a) who receives the goods that are produced. b) how tastes and preferences are determined. c)
kvasek [131]

Answer:

c) how resources are combined in the production of goods.

Explanation:

In order to meet the unending needs and wants of consumers, to satisfactorily provide products that meets their requirements, tastes or preferences various manufacturing companies use five (5) main methods of production, and these are; labour-intensive production, mass production, batch production, capital-intensive production and job production.

Generally in Economics, the question of how goods are produced, determines how resources are combined in the production of goods.

This ultimately implies that, before a manufacturer produce its goods it determines the amount of resources that are available. These resources that are to be combined for the purpose of production of goods are <em>entrepreneur, land, labor, and capital</em>, which are generally referred to as the four (4) factors of production.

4 0
3 years ago
people who are into females only!!! what do you find the most attractive about a girl and what things do you want her to talk to
sergeinik [125]

Answer:

what kind of a question is this. im kinda confused like whaa

Explanation:

3 0
3 years ago
Read 2 more answers
What management function is to ensure that all factors of production are available to departments
artcher [175]
Production planning ,production control , quality and cost control and inventory control
5 0
3 years ago
The state government establishes the guidelines under which local governments can impose property taxes. true false
Karolina [17]
The answer to your question is True.
5 0
3 years ago
Other questions:
  • Because the demand for wheat tends to be inelastic. True or False
    13·1 answer
  • Bramble Corp. uses the FIFO method for internal reporting purposes and LIFO for external reporting purposes. The balance in the
    7·1 answer
  • Tyler Corporation is a wholesaler that sells a single product. Management has provided the following cost data for two levels of
    6·1 answer
  • Who knows the answer? I will give you brainliest points?
    5·1 answer
  • Oakwood Primary Care Clinic is considering a capitation arrangement with a managed care organization in which the clinic would p
    7·1 answer
  • Karen runs a print shop that makes posters for large companies. It is a very competitive business. The market price is currently
    11·1 answer
  • Pear makes watches. The fixed overhead costs for 2015 total $648,000. The company uses direct labor-hours for fixed overhead all
    9·1 answer
  • Table 17-29 Suppose that two firms, Wild Willy's Wonderdrink (Firm W) and Hyper Hank's Hydration (Firm H), comprise the market f
    11·1 answer
  • A person that studies how economic theories such as capitalism, socialism, and
    10·1 answer
  • In janie's comparative market analysis, comp a has an adjusted price of $118,000; comp b, $112,500, and comp c, $121,300. what w
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!