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Paraphin [41]
3 years ago
6

Eve's Apples opened for business on January 1, 2021, and paid for two insurance policies effective that date. The liability poli

cy was $52,200 for 18 months, and the crop damage policy was $26,400 for a two-year term. What was the balance in Eve's Prepaid Insurance account as of December 31, 2021
Business
1 answer:
masya89 [10]3 years ago
5 0

Answer:

$20,600

Explanation:

<u>Computation of prepaid insurance</u>

Insurance 1 ($52,200 * 6/18)              $17,400

Insurance 2 ($26,400 * 12/24)           <u>$13,200</u>

Total Prepaid Insurance                    <u>$20,600</u>

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i can say is capital

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Business behavior determines the ethics of society.We can improve society's moral and ethical behavior by first making a commitm
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Answer: The correct answer is False.

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If a business is not ethical, then they need to change the way they work and do business and lead by example.

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You would like to establish a trust fund that would provide annual scholarships of $100,000 forever. How much would you have to
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Answer:

$2,222,222.22

Explanation:

The data provided in the question

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8 0
3 years ago
Sandy earned a salary of $50,000 last year. Her parents gave her a car valued at $23,000 for her birthday. In addition, she earn
IgorLugansk [536]

Answer:

$51,200

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Therefore, Sandy's gross income consist of her salary, and the interest income

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5 0
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7 0
3 years ago
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