Answer: $1,955
Explanation:
First remove the deductible of $800 from the amount:
= 3,100 - 800
= $2,300
The Insurance company will then pay 85% of this amount:
= 85% * 2,300
= $1,955
Answer:
The correct answer is letter "B": Fair Labor Standards Act.
Explanation:
The Fair Labor Standards Act or FLSA is the U.S. federal law that sets regulations on employees' payments. The FLSA aims to provide fair wages to all workers by <em>establishing minimum wages</em>, compensations for overtime work, and it also builds barriers for child labor.
The cash return on the stock given its value now, dividend per share and its value in a year's time is 3.34% .
<h3>What is the cash return?</h3>
The cash return is the sum of the dividend yield and the price return.
Dividend yield = dividend / price of the share today
$4 / 60 = 6.67%
Price return = (price in year's time - price today) / price today
= (58 - 60) / 60 = -3.33%
Cash return = 6.67% - 3.33% = 3.34%
To learn more about dividend yield, please check: brainly.com/question/27342287
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Answer:
5%
Explanation:
Calculation for the net rate of return from this investment
First step is to calculate The dollar return
The dollar return=$2 + $3 + ($101 − $100) − $1
The dollar return =$2 + $3 + $1 − $1
The dollar return =$5
Now let The rate of return
The rate of return =$5/$100
The rate of return= 5%
Therefore the rate of return is 5%
Answer:
Jan 01
Dr Copyright $418,000
Cr Cash $418,000
Dec 31
Dr Amortization expense—Copyright $41,800
Cr Accumulated amortization—Copyright $41,800
Explanation:
Preparation of the entries to record the purchase of the copyright on January 1 and its annual amortization on December 31.
Jan 01
Dr Copyright $418,000
Cr Cash $418,000
(To record purchase of copyright)
Dec 31
Dr Amortization expense—Copyright $41,800
Cr Accumulated amortization—Copyright $41,800
($148,000/10 years)
(To record annual amortization)
