Answer:
Dr. Cash $4,200
Cr. Interest Income $84
Cr. Note Receivable $4,116
Explanation:
Food Suppliers
Interest on the Note = $4,200 x 8% x 90 / 360 = $84
Amount to be recorded = $4,200 - $84 = $4,116
At the Time of Issuance the Journal Entry was
Dr. Note receivable $4,116
Cr. Sales $4,116
So, the Payment of $4,200 will be made.
The Interest Income will be $84
Now the Note Receivable account will be adjusted by receiving cash and recording interest income.
Something that could shift the demand is if people started getting sick and dying from snickers. Then people would stop buying snickers and the demand would lower so snickers would lose money.
Hope this helps.
Answer:
Nick pay maximum $930
so correct option is d. $930
Explanation:
given data
health care policy = $250
co-insurance provision = 80 %
it mean claim to be paid by insurance company = 80%
and claim to be paid by Nick = 20 %
co payment cap = $1,000
claim insurance = $600
company paid = $280
total bills = $5,000
to find out
How much will Nick have to pay for the second claim
solution
we get first amount to be paid by insurance company and nick is
amount to be paid by insurance company and nick = $600 - $250
amount to be paid by insurance company and nick = $350
and
we know here 80% of $350 paid by insurance company
so paid by insurance company = 80% of $350 = $280
and paid by Nick = $350 - $280 = $70
so Limit available to co payment = $1000 - $70
Limit available to co payment = $930
so Nick pay maximum $930
so correct option is d. $930
Answer:
This action will result in her safe-guiding her investment portfolio in equities. For example, in a constant dollar plan, an investor keeps a constant dollar amount of the portfolio in equity securities.<em> If the equities' market value rises, the excess is transferred to fixed-income securities.</em>
Explanation:
Answer:
Dividends: 13,600 Dividends Payable: 13,600
Explanation:
Dividends: 8,800Cash: 8,800
Dividends: 36,000Dividends Payable: 36,000
Dividends: 8,800Dividends Payable: 8,800
Dividends: 12,800Cash: 12,800
Share issued =21000
Shares in treasury stock = 4000
Outstanding shares = 21000-4000 = 17000
Dividend per share = $0.80
Total Dividend = 17000 x $0.8
Total Dividend = $13,600
Transaction will be as follows
Dr. Cr.
Dividend $13,600
Dividend Payable $13,600
Data is Inconsistent with the options. According to given information the Journal Entry will be as above.
