subject
Business, 21.01.2020 05:31 derick5977

On april 1, tenity, inc. paid $3,300 for an insurance premium on a three-year insurance policy. at the end of december, tenity's fiscal year-end, what should be the balance in the prepaid insurance account?

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 18:00
Bond j has a coupon rate of 6 percent and bond k has a coupon rate of 12 percent. both bonds have 14 years to maturity, make semiannual payments, and have a ytm of 9 percent. a. if interest rates suddenly rise by 2 percent, what is the percentage price change of these bonds?
Answers: 2
question
Business, 22.06.2019 22:40
In a fixed-term, level-payment reverse mortgage, sometimes called a reverse annuity mortgage, or ram, a lender agrees to pay the homeowner a monthly payment, or annuity, and expects to be repaid from the homeowner’s equity when he or she sells the home or obtains other financing to pay off the ram. consider a household that owns a $150,000 home free and clear of mortgage debt. the ram lender agrees to a $100,000 ram for 10 years at 6 percent. assume payments are made annually, at the beginning of each year to the homeowner. calculate the annual payment on the ram.
Answers: 1
question
Business, 23.06.2019 00:00
Which of the following statements is correct? a major disadvantage of a partnership relative to a corporation is the fact that federal income taxes must be paid by the partners rather than by the firm itself. in a typical partnership, liability for other partners’ misdeeds is limited to the amount of a particular partner’s investment in the business.true in a limited partnership, the limited partners have voting control, while the general partner has operating control over the business, and the limited partners are individually responsible, on a pro rata basis, for the firm’s debts in the event of bankruptcy. partnerships have more difficulty attracting large amounts of capital than corporations because of such factors as unlimited liability, the need to reorganize when a partner dies, and the illiquidity of partnership interests.
Answers: 1
question
Business, 23.06.2019 10:00
Each month hope received her bank statement listing the checks that have cleared her checking account in the month. what are these checks called? a. reconciled b. covered c. outstanding d. cancelled
Answers: 1
You know the right answer?
On april 1, tenity, inc. paid $3,300 for an insurance premium on a three-year insurance policy. at t...
Questions
question
Chemistry, 26.11.2020 03:50
question
Mathematics, 26.11.2020 03:50
question
Mathematics, 26.11.2020 03:50
question
Mathematics, 26.11.2020 03:50
question
Mathematics, 26.11.2020 03:50
Questions on the website: 13722361