<span>This 2 year period begins on the date that the insurance company dates the policy. When a person signs up for an insurance policy they have to provide all accident reports from the past for the insurance company to make sure they are paying the correct amount for what they accrued in the past. Insurance companies base someones rates off of how likely they believe they may file a claim against their </span>policy.
Answer:
The financial analyst would be more justified in concluding the firm's liquidity position most probably has improved.
Explanation:
The current ratio is the which is used to measure or evaluate the firm short- term liquidity position and it provides a relationship among the CA (Current Assets) and CL (Current Liabilities).
As the Current ratio is 3.8 today, which is good for the firm as they have the ability to meet up its short- term obligations. Which in turn concludes that the firm liquidity position is improving.
Answer:
$48
Explanation:
A replacement indicates that the originally sold radio was scrapped and completely replaced. Therefore, the cost of the new radio should be debited to Product Warranty Expense and not 5% of the sales price.
Therefore, $48 would be debited to Product Warranty Expense in September.
If the radio had been repaired instead of completely replaced, 5% of the cost would have been debited.
I think the answer is a. I'm not 100 sure though.
Answer:
a. $6.00
Explanation:
Earnings per share on common stock or preferred stock is both after providing for interest and tax expense, therefore earnings per share of $10 would increase owner's equity by $10 100,000 shares = $1,000,000
Provided net increase recorded in equity = $400,000
Thus dividend paid = $1,000,000 - $400,000 = $600,000
Dividend per share = $600,000/100,000 = $6 per share.
Interest paid by corporation B is not to be considered as this is paid before calculating Earnings per share.
Correct option is
a. $6.00