Answer:
Insurance expense 2021 = $117900
Explanation:
The insurance expense for the year can be calculated by adding the value of the amount paid for insurance during the year in the value of prepaid insurance at the start of the year and deducting the value of the prepaid insurance at the end of the year. Thus, insurance expense for the year will be,
Insurance expense = Opening balance + Payment during the year - Closing balance
Insurance expense 2021 = 65400 + 103000 - 50500
Insurance expense 2021 = $117900
If you find a strategic partner or contact friends to test out your new idea, you are using the <u>entrepreneurial</u> method.
<h3>What is entrepreneurial?</h3>
Entrepreneurial can be defined as the process in which a person take the risk to engage in a business due to the profit they will generate from the business.
Entrepreneurial method or process has to do with finding someone that will help to test your new idea.
Therefore if you find a strategic partner or contact friends to test out your new idea, you are using the <u>entrepreneurial</u> method.
Learn more about Entrepreneurial here:brainly.com/question/22477690
#SPJ1
Answer:
The total amount of paid-in capital is $552,000
Explanation:
The computation of the total amount of paid-in capital is shown below:
= Issue of common stock + issue of preferred stock
where,
Issue of common stock = Number of shares × issued price
= 20,000 shares × $18 per share
= $360,000
Issue of preferred stock = Number of shares × par value
= 1,200 shares × $160 per share
= $192,000
Now put these values to the above formula
So, the value would equal to
= $360,000 + $192,000
= $552,000
Answer:
The correct answer is letter "A": Dina.
Explanation:
The fact that local theaters near school offer a discount to students with valid identification is not a form of discrimination. As stated by Dina, there is no age restriction, for instance, and it is presumed, there is no other such religious preference, sexual orientation, race, and so forth. Economists are more likely to agree with Dina since what the local theaters are simply trying to do is to get the more clientele possible out of diverse sources. In this case, the source is the student status.
Answer:
Trade is a basic economic concept involving the buying and selling of goods and services, with compensation paid by a buyer to a seller, or the exchange of goods or services between parties.
