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nexus9112 [7]
3 years ago
5

Aurora corporation operated without insurance coverage for the first month or operations then on February 1st the company paid t

he $4,800 premium on a 2-year insurance policy with benefits beginning on that date the company uses the cereal basis how much insurance expense will be reported on the companies income statement for the first year ended December 31st
Business
1 answer:
Oksanka [162]3 years ago
4 0

Answer:

$2200

Explanation:

The accrual basis recognizes revenues and expenses when the event warranting the income or expenditure occurs. In this case, the expenditure to be recognized is for the 11 months of insurance coverage.

For 24 months, the premiums are $4800. premiums for one month will be

= $4800/24

=$200

Premiums for 11 months

= $200 x 11

=$2200

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Problems and Applications
Andrews [41]

Answer: See explanation

Explanation:

1. The participation of women in the U.S. labor force has risen dramatically since 1970.

A. True

2. This rise likely decreased GDP in the United States.

B. False

The above is false. This is because a rise in the participation of women in the labor force would lead to the increase in production in the country and this will bring about a rise in the gross domestic product as well.

3. Now imagine a measure of well-being that includes time spent working in the home and taking leisure.

There'll be a reduction in the measure of well being. This is because more women would have joined the labor force which would have reduced the time spent working in the home and taking leisure.

4. The change in this measure of well-being would be less than the change in GDP.

The measure of well being would fall as more women would work and leisure would reduce. Ultimately, the GDP would rise since there would be an increase in production activities.

6 0
3 years ago
Match the terms to their definitions.
Irina-Kira [14]

The question requires matching the terms to their definitions.

  • <u>Hiring</u> is the process of employing (someone) for wages.

  • <u>Recruitment</u> is the process of finding new people to join an organization.

  • <u>Job Description</u> informs applicants about the responsibilities and required qualification.

  • <u>Recruitment Plan</u> is the process of integrating a new employee into an organization, maps out the strategy for attracting skilled employees and obtaining applications from a diverse workforce.

  • <u>Offer</u> is a proposal put forward by an employer to a prospective employee.

  • <u>References</u> serve the purpose of gathering information about a prospective employee from previous employers.

  • <u>Types of Recruitment</u>: internal (employees within the company) and external (people outside the company).

  • <u>Compensation</u> the money the employee will receive as a salary or wages.

  • <u>Interview</u> a face to face meeting between an employer and a job applicant.

Read more:

brainly.com/question/17850173

8 0
3 years ago
12. One of the benefits of developing a business plan for a new start-up is:
wlad13 [49]

Answer:

it assists in organising the resources needed for the new business​

Explanation:

A business plan details the mission and objectives of an entity. It explains the nature of business the entity will engage in, the target market, the resources it requires, and the projected revenues and expenses.

A business plan is useful when soliciting resources. Although a business plan does not guarantee a hundred percent financing, It shows how much resources will be required and how they shall be used. This helps the founders to know what is required at what stage and make the necessary arrangements.

5 0
3 years ago
When a corporation purchases its own stock using the cost method and resells it later at a higher price, a credit entry is made
Amiraneli [1.4K]

Answer: A. Both treasury stock and paid in capital from treasury stock

Explanation:

When using the cost method, the stock is recorded at cost which means that the stock repurchased (Treasury Stock) is recorded at cost of buying it. If it is sold for a higher amount than it was bought for, the amount it was bought for will be credited from the Treasury account.

The remaining amount will be credited to the Additional Paid-In Capital account which is used to record variations between the amount equity was bought for versus the amount it was sold for.

Had the repurchased stock been sold for less, the Additional Paid In Capital Account would have been debited.

7 0
4 years ago
3. Describe three new weapons used in World War I and explain how each of these w<br>​
Leto [7]

how each of these "w"?  im guessing it means work. and three weapons from then that are "new"? are:

Rifles. All nations used more than one type of firearm during the First World War. The rifles most commonly used by the major combatants were, among the Allies, the Lee-Enfield .303 (Britain and Commonwealth), Lebel and Berthier 8mm (France), Mannlicher–Carcano M1891, 6.5mm (Italy), Mosin–Nagant M1891 7.62 (Russia), and Springfield 1903 .30–06 (USA). The Central Powers employed Steyr–Mannlicher M95 (Austria-Hungary and Bulgaria), Mauser M98G 7.92mm (Germany), and Mauser M1877 7.65mm (Turkey). The American Springfield used a bolt-action design that so closely copied Mauser’s M1989 that the US Government had to pay a licensing fee to Mauser, a practice that continued until America entered the war.

Machine guns. Most machine guns of World War 1 were based on Hiram Maxim’s 1884 design. They had a sustained fire of 450–600 rounds per minute, allowing defenders to cut down attacking waves of enemy troops like a scythe cutting wheat. There was some speculation that the machine gun would completely replace the rifle. Contrary to popular belief, machine guns were not the most lethal weapon of the Great War. That dubious distinction goes to the artillery.

Flamethrowers. Reports of infantry using some sort of flame-throwing device can be found as far back as ancient China. During America’s Civil War some Southern newspapers claimed Abraham Lincoln had observed a test of such a weapon. But the first recorded use of hand-held flamethrowers in combat was on February 26, 1915, when the Germans deployed the weapon at Malancourt, near Verdun. Tanks carried on a man’s back used nitrogen pressure to spray fuel oil, which was ignited as it left the muzzle of a small, hand-directed pipe. Over the course of the war, Germany utilized 3,000 Flammenwerfer troops; over 650 flamethrower attacks were made. The British and French both developed flame-throwing weapons but did not make such extensive use of them.

there are many more, but here are 3 i found from a trustworthy source!

7 0
4 years ago
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