Auto liability insurance is a type of insurance coverage that provides financial protection for policyholders in the event they cause an accident while driving.
Auto liability insurance is typically composed of two separate coverage limits: one for bodily injury and another for property damage. Bodily injury coverage is designed to provide financial compensation to any individuals who are injured or killed in an accident that you cause. This type of coverage can help cover the costs of medical expenses, lost wages, and pain and suffering for those injured in the accident. Property damage coverage, on the other hand, provides financial protection for any damage you cause to another person's property, such as their car, in the event of an accident. This type of coverage can help cover the costs of repairing or replacing damaged property. The availability of separate coverage limits for bodily injury and property damage is important because it allows policyholders to tailor their coverage to their specific needs and financial situation. For example, a policyholder with a lot of assets may choose higher coverage limits to protect themselves in the event of a lawsuit. Similarly, a policyholder who is more concerned about potential medical expenses may choose higher bodily injury coverage limits.
Learn more about liability here:
https://brainly.com/question/15006644
#SPJ4
what are the incentives associated with each method of payment for both the health care provider and the insurance company?
The incentives for healthcare providers and insurance companies in each payment method vary, but FFS incentivizes volume, while value-based incentivizes quality and cost-effectiveness.
When it comes to healthcare, providers and insurance companies can choose from two primary payment models: fee-for-service (FFS) and value-based.
Each method has different incentives for providers and insurers; for example, FFS encourages healthcare providers to perform more services to maximize revenue, while value-based incentivizes quality care and cost-effectiveness. Ultimately, providers and insurers should select a payment method that aligns with their business goals and meets the needs of their patients.
To know more about incentives, click here.
https://brainly.com/question/29792159
#SPJ4
g what are the allocations of your wealth to the stock (s) and the bond (b) when you form the optimal risky portfolio (o)?
The optimal risky portfolio (o) typically includes a combination of stocks (s) and bonds (b). The exact allocations to each asset depend on the investor's goals, risk tolerance, and time horizon.
Generally, a portfolio will include a mix of both stocks and bonds, and the percentage allocated to each will depend on the investor's risk profile. For example, a more conservative investor may allocate a larger portion of their portfolio to bonds, while a more aggressive investor may allocate a larger portion to stocks.First, the best risky asset portfolio should be chosen based on the underlying assets' risk, return, and correlation characteristics. A decision is taken regarding the allocation to the risk-free asset in addition to taking the investor's risk tolerance into account. maximising risk and return. Your assets should be allocated in a way that reduces risk while still providing the degree of return you anticipate. You must be aware of the risk-return characteristics of the various asset classes in order to accomplish that goal.
To know more about Asset refer the link below:
brainly.com/question/29806447
#SPJ4
An information system performing automated credit checks on customers shows how an information system improves the quality of a process by ________.
An information system performing automated credit checks on customers shows how an information system improves the quality of a process by reducing errors, increasing efficiency, and improving accuracy.
What is the automated ?Automation is the use of technology to perform tasks that traditionally required human labor, such as data processing, calculations and other repetitive tasks. Automation is a key component of the modern business world, allowing organizations to save time and money while increasing productivity and efficiency. Automation also provides organizations with access to powerful tools and technologies that can be used to improve processes, increase accuracy and reduce errors. Automation is widely used in many industries, including manufacturing, healthcare, finance and logistics.
To learn more about automated
https://brainly.com/question/27961985
#SPJ1
1. what are documentation standards for completion of records? 2. what are the legal ramifications of a incomplete record? 3. why would you want risk managment to review the record?
Documentation standards for the completion of records typically involve making sure that the records are legible, that patient identification is included on each page, and that each page is dated and signed.
Additionally, if multiple individuals are completing sections of assessment forms, the date and time of completion should be indicated, as well as who has completed each section.
The legal ramifications of an incomplete record depend on the context in which it is used. Generally speaking, an incomplete record can lead to legal action being taken against a party who is found to be responsible for its incompleteness. This could include fines, sanctions, or the potential for lawsuits. Additionally, an incomplete record can create problems with compliance and regulatory requirements, such as if a medical record does not comply with HIPAA standards.
Risk management reviews of medical records are important for ensuring that care is being delivered safely and that patient safety is being maintained. Risk management reviews help identify potential risks and areas of improvement, as well as areas where care could be improved. Additionally, reviews help ensure that the care being provided is in compliance with relevant regulations and standards, as well as helping to identify potential claims issues.
Learn more about the records:
https://brainly.com/question/28064650
#SPj4
a consumer 's desire for a product 's or service 's specific benefit, whether that be functional or emotional is known as a(n)
A need is a consumer's desire for a particular benefit of a product or service, whether functional or emotional. A need is the desire for a product or service that a consumer wants but does not need.
Customer needs are what motivates a customer to purchase a product or service. Ultimately, needs drive customer purchasing decisions. Functional value is defined as the perceived usefulness resulting from the ability of a substitute to function functionally, usefully, or physically, while emotional value is the perceived usefulness resulting from the ability of a substitute to evoke a sensory or emotional state. is defined as the usefulness of Consumer – A person who purchases goods or services for personal or home use rather than manufacturing, processing or resale. The consumer's goal is to maximize the satisfaction they derive from purchasing end products and services given their income constraints.
For more information on emotional state see:
https://brainly.com/question/29355645
#SPJ4
the consumer market is defined as all the individuals and households that buy or acquire goods and services for personal consumption.truefalse
The statement the consumer market is defined as all the individuals and households that buy or acquire goods and market for personal consumption is true. All people and households who purchase goods and services for their own use are considered to be part of the consumer market.
The stimulus-response model is the simplest explanation of consumer purchasing behaviour. When people buy goods or services for their own use rather than to resell them, that market is known as the consumer market. Consumer markets are primarily made up of goods that people use on a daily basis. Buyers who purchase goods and services for their own use rather than for resale are referred to as being in the consumer market.
To learn more about market, click here.
https://brainly.com/question/30735531
#SPJ4
governments sometimes set up a natural monopoly when a venture ______.
A natural monopoly is when a single corporation or entity has exclusive control over a particular product or service.
Here, correct answer will be
Governments may create a natural monopoly when a venture is either too expensive or too complex for multiple companies to provide. This happens when the cost of production is so high that it would not be economically b for multiple companies to provide the same services or products.
For example, the construction of a bridge may require an enormous financial investment and a large labor force, making it too costly for any new competitors to enter the market. Therefore, the government may create a monopoly to ensure the completion of the project.
The government may also establish a natural monopoly when the venture requires a large number of resources or specialized knowledge. For example, a telecommunications companies may require a large network of infrastructure and a specialized understanding of the technology.
Therefore, it may be more efficient for one company to provide the services rather than multiple companies. In such cases, the government may create a monopoly to ensure the efficient delivery of the service.
Overall, natural monopolies are created by the government when a venture is either too expensive or too complex for multiple companies to provide. The government may also create a monopoly when the venture requires a large number of resources or specialized knowledge. Natural monopolies help.
Know more about Monopoly here:-
https://brainly.com/question/13558005#
#SPJ11
Aside from politicians who run for office,
careers in government administration are what
kind of positions?
A short term
B elected
C full time
Option C full time is correct.
What is a politician?
A politician is a person who occupies public office or uses other platforms to shape legislation and public opinion. On behalf of the community they serve, politicians can influence different bureaucratic procedures and governmental decisions on a local or national level.
Politicians in the United States are either elected officials or candidates for leadership positions where they may alter laws and policies and sway public opinion. Politicians cultivate ties with voters and promote a number of fundamental ideals that they want to preserve in their decisions. In the United States, politicians have the option of working in the legislative, executive, or judicial branches of the government. They often support a political party that enables them to engage with people and further shared objectives.
to learn more about politician click:
https://brainly.com/question/29785248
#SPJ1
your firm has net income of $325 on total sales of $1,400. costs are $770 and depreciation is $130. the tax rate is 35 percent. the firm does not have interest expenses. what is the operating cash flow?
The operating cash flow of the company is $-204.75. This result shows that the firm is not generating positive operating cash flow.
To calculate OCF, we need to determine the cash generated from operating activities, which includes net income and non-cash expenses such as depreciation.
In this scenario, the firm has net income of $325, costs of $770, and depreciation of $130. To calculate OCF, we start with net income:
$325 + $130 - $770 = -$315
This result is negative, indicating that the company is not generating enough cash from its operations to cover its costs. To determine the impact of taxes, we need to multiply the result by the tax rate:
-$315 * 0.35 = $110.25
So, the company's OCF is:
-$315 + $110.25 = $-204.75
This result shows that the firm is not generating positive operating cash flow, as the costs and depreciation are higher than the net income and the tax benefit combined. This may indicate that the firm needs to reevaluate its operations and costs to improve its cash flow.
Learn more about OCF :
https://brainly.com/question/22680967
#SPJ4
Who are the communicators between employees and managers? * a. Supervisors b. Shift managers c. Department managers d. General managers
The communicators between employees and managers is the supervisors as they work to for both side. The Option A is correct.
What is the role of a communicator in a company?Mainly, business communication is communication that is intended to help a company achieve a fundamental goal by sharing information among employees and people outside the company.
An effective communicator in business seeks to unite the audience by using ideas and language that are appropriate for all readers or listeners of the message. Emotions and logic both influence people. The ethical communicator will be enthusiastic and passionate without being disrespectful.
Read more about communication
brainly.com/question/25645043
#SPJ1
Which level of strategic leader presents a convincing vision and mission that helps groups improve their performance?
Level 4 demonstrates a compelling vision and mission to help the group improve performance. Strategic leadership is the exercise of influence and power by a leader to direct personal activities while advancing organizational goals.
Strategic leadership is the practice of creating a vision of an organization that enables leaders to use different management styles to adapt to changing economic and technological environments or to remain competitive . Strategic leaders can use this vision to foster cohesion and direction among employees and departments to motivate them and implement change within their organizations.
The primary goal of strategic leadership is to streamline processes, increase strategic productivity, foster innovation, and create an environment in which employees can be productive, independent, and drive their own ideas. Strategic leaders may use rewards and incentive programs to encourage employees and help them achieve their goals.
Leaders must first understand the organization's mission in order to move forward strategically. This means fully understanding why your company exists, who your customers are and how you can add value to them. Strategic leaders then need to develop a vision of what that mission might look like at some point in the future.
Know more about Strategic leadership here:
https://brainly.com/question/28506357
#SPJ4
international organizations prefer to rely on blank for measuring the value produced in an economy. multiple choice question. gross national income income distribution rates purchasing power parity gross domestic produc
International organizations prefer to rely on gross national income for measuring the value produced in an economy.
What is an international organization?An international organization or international organisation also known as an intergovernmental organization or an international institution is a stable set of norms and rules meant to govern the behaviour of states and other actors in the international system. Organizations may be established by a treaty or be an instrument governed by international law and possessing their legal personalities, such as the United Nations, the World Health Organization and NATO.
International organizations are composed of primarily member states, but may also include other entities, such as other international organizations, firms, and nongovernmental organizations.
Learn more about international, here:
https://brainly.com/question/21270541
#SPJ1
a decrease in interest rates will: multiple choice decrease the bond's present value. increase the bond's duration. lower the bond's coupon rate. change the bond's payment frequency. not affect the bond's duration.
(b) increase the duration of the bond to bond prices are inversely related to interest rates.
This means that when interest rates go up, bond prices go down, and when interest rates go down, bond prices go up. As in any free market economy, bond prices are affected by supply and demand. Bonds are initially issued in the secondary market, the price of a bond can fluctuate. The most influential factors that affect the price of a bond are the yield, prevailing interest rates, and the bond's rating decrease in interest rates. The duration of a bond is primarily affected by its coupon rate,yield, and time remaining to maturity.The duration of a bond will be longer the lower its coupon.The duration will be longer the lower its performance.The duration will also be longer the greater its maturity.
To learn more about interest rates please click on below link.
https://brainly.com/question/14445709.
#SPJ4
1. Suppose that incomes have fallen on average, and that the state of Florida had an extremely favorable growing season for its orange crop. How would we expect that this will affect the supply curve and why? (The supply curve can remain static, the supply curve can shift to the left, we do not have enough information to say, or the supply curve will shift to the right)
Due to severe weather and a disease that affects citrus fruit, Florida's orange harvest is anticipated to fall to its lowest level since before World War II. Orange juice costs would rise as a result of this further reducing the state's already meager supply.
Where Florida is Located?Florida is a state located in the southeast region of the United States. It is bordered by the Atlantic Ocean and Bahamas to the east and southeast, Georgia to the north, Alabama to the north and northwest, the Straits of Florida to the south, and the Gulf of Mexico to the west.
The Atlantic Ocean and the Gulf of Mexico both border this state, making it unique. With approximately 21 million residents and a land size of 65,758 square miles, Florida is the 22nd-largest state in the nation by both population and area (170,310 km2).
The Miami metropolitan area, which is funded by Florida, is the state's largest metro area even though Jacksonville is the largest city in terms of area.
Learn more about Florida, from :
brainly.com/question/10282270
#SPJ2
the leadership philosophy developed by general stanley a. mcchrystal includes speaking the truth. what does general mcchrystal mean by this? check all that apply. exploit the truth whenever possible truth is necessary, but always put a positive spin on it always speak with candor keep people updated on day-to-day changes
Last option is correct. General McChrystal means keeping people up to date with the daily changes.
Defining what they are and using them to craft a leadership philosophy statement will keep your changes and decisions consistent.
Studying examples of personal leadership philosophies is a valuable activity. The philosophy you end up cultivating for yourself may not be a perfect reflection of the example you are considering. Remember, your leadership philosophy must be personal and unique. Because it has to be real. Trying to lead on someone else's philosophy is less effective.
We can simplify this idea by thinking of the leader as if it were a parent. Strong parents don't want to lose consistency in raising their children. They understand that their approach to raising children is more effective if it always reflects their true beliefs and values.
The same concept applies to strong leadership. The people you lead will respect you more if you can clearly see that you're making decisions based on core principles that don't change as circumstances change.
Know more about leadership here:
https://brainly.com/question/29452698
#SPJ4
when a company purchases supplies on account multiple choice total assets decrease. expenses increase. cash flow from investing activities decreases. liabilities increase.
When a company purchases supplies on account: D. liabilities increase.
Why does Liabilities increase?
Liabilities increase when a company purchases supplies on account. This means that the company has acquired goods or services from a supplier and has not yet paid for them. Instead, the company has taken on a debt or obligation to pay the supplier in the future.
This results in an increase in the company's liabilities, which is reflected on its balance sheet as an increase in accounts payable. The company's expenses will also increase as it uses the supplies, and this is reflected on its income statement as a decrease in net income.
Therefore the correct option is D.
Learn more about liabilities here:https://brainly.com/question/14921529
#SPJ1
which factors result from the processes and actions of government bodies that influence the decisions and behavior of firms? multiple choice question. profitable economic technological political
Political factors result from the processes and actions of government bodies that influence the decisions and behavior of companies. So, correct answer in 'option D'.
Political factors can include regulations, taxes, trade policies, labor laws, and political stability, among others. Political factors can have a significant impact on the business environment and can affect a firm's profitability and success. Companies must be aware of the political climate in which they operate and must be prepared to adapt to changes in government policies that may affect their operations.
The impact of political factors on firms is why it is important for companies to closely monitor government actions and engage in government relations.
You can learn more about factors influencing businesses at
https://brainly.com/question/17351764
#SPJ4
question mode multiple choice question factory labor charges that cannot be easily traced to a job are treated as
Factory labor charges that cannot be easily traced to a job are treated as B. Indirect Labor Costs.
Indirect labor costs are factory labor charges that cannot be easily traced to a specific job or product and are instead treated as a general factory expense. Examples of indirect labor costs include the wages of maintenance workers, factory supervisors, and administrative staff. These costs are typically assigned to products based on a predetermined overhead rate and are considered indirect costs because they are not directly tied to the production of a specific product. Indirect labor costs are a type of overhead cost, meaning they are indirect costs that support the production process but are not directly tied to a specific product or job. Indirect labor costs include the wages and salaries of workers who support the production process, such as maintenance workers, factory supervisors, and administrative staff. These costs are not easily traced to a specific job or product and must be allocated to products based on a predetermined overhead rate. For example, if the factory employs a maintenance worker who is responsible for maintaining the factory's machinery, their wages would be considered an indirect labor cost. These costs are considered indirect because they are not directly tied to the production of a specific product and must be assigned to products based on a predetermined overhead rate. Indirect labor costs are an important component of a company's financial statements, as they impact the overall cost of production and the profitability of the company. Companies must carefully manage indirect labor costs to ensure that they are not overspending on indirect labor, as this can impact their profitability.
To know more about factory labor:
https://brainly.com/question/24212631
#SPJ4
if a fixed asset, such as a computer, were purchased on january 1 for $3,750 with an estimated life of three years and a salvage or residual value of $150, the journal entry for monthly expense under straight-line depreciation is
This entry records the monthly expense of $100 ($1,200 divided by 12 months) as a debit to Depreciation expense and a credit to Accumulated depreciation.
The straight-line depreciation method is a common way to allocate the cost of a fixed asset over its useful life. Under this method, the cost of the asset is divided by the number of years of its useful life, and the resulting amount is expensed each year.
To calculate the monthly expense for the computer purchased on January 1 for $3,750, with an estimated life of three years and a salvage value of $150, we first need to determine the depreciable cost of the asset. This is calculated by subtracting the salvage value from the cost of the asset:
Depreciable cost = Cost of an asset - Salvage value
Depreciable cost = $3,750 - $150
Depreciable cost = $3,600
The annual depreciation expense is then calculated by dividing the depreciable cost by the useful life of the asset:
Annual depreciation expense = Depreciable cost / Useful life
Annual depreciation expense = $3,600 / 3
Annual depreciation expense = $1,200
To record the monthly expense under straight-line depreciation, the following journal entry would be made:
Depreciation expense $100
Accumulated depreciation $100
The Accumulated depreciation account is a contra-asset account that is used to track the total amount of depreciation expense that has been recorded for the asset over its useful life.
To learn more about Depreciation expenses
https://brainly.com/question/15024945
#SPJ4
Vince’s Vehicle Repairs has a gross profit margin of 60% and a net profit margin of 22%. Turnover was £180000. Calculate other expenses
The net profit margin is calculated as follows:
Net Profit / Sales
We know the net profit margin is 22% and sales is £180000, so we can calculate the net profit:
Net Profit = 22% * £180000Net Profit = £39600
Gross profit is calculated as follows:
Gross Profit = Sales - Cost of Goods Sold (COGS)
We know the gross profit margin is 60% and sales is £180000, so we can calculate the gross profit:
Gross Profit = 60% * £180000
Gross Profit = £108000
The COGS can then be calculated as follows:
COGS = Sales - Gross Profit
COGS = £180000 - £108000
COGS = £72000
The other expenses are calculated as follows:
Other Expenses = COGS - Net Profit
Other Expenses = £72000 - £39600
Other Expenses = £32400
So the other expenses for VINCE’s Vehicle Repairs are £32400.
the rating periods during which nielsen measures viewing audiences in every television market are known as
The rating periods during which Nielsen measures viewing audiences in every television market are known as sweeps.
What Does Nielsen Measure?The Nielsen TV ratings, sometimes referred to as Nielsen ratings, are audience measuring tools used by Nielsen Media Research to estimate the number of people who watch television and the range of content that can be included in a given program. Publishers and platforms can see exactly who is viewing thanks to Nielsen ONE's deduplicated, cross-media measurement, which also gives media buyers the ability to confidently plan, optimize, and measure campaigns.
The Nielsen ONE platform is made to take advantage of both the opportunities and demands of the future for both content and advertising. Nielsen ONE provides accurate granular insight into impressions, reach, and frequency across platforms by validating massive data with our user-based panels and device detection.
To know more about Nielsen, check out:
https://brainly.com/question/28427659
#SPJ1
the supply curve illustrates: select one: a. the relationship between the cost of production and price. b. the relationship between the quantity supplied and the price of a good. c. the total cost of producing a good. d. the willingness to produce a good if the technology to produce it becomes available.
The supply curve illustrates the relationship between the quantity supplied and the price of a good. The correct option is b.
What is the supply curve?Supply curve, in economics, graphic representation of the relationship between product price and quantity of product that a seller is willing and able to supply. Product price is measured on the vertical axis of the graph and the quantity of product supplied is on the horizontal axis. In most cases, the supply curve is drawn as a slope rising upward from left to right, since product price and quantity supplied are directly related.
This relationship is dependent on certain ceteris paribus conditions remaining constant.
Learn more about supply, here:
https://brainly.com/question/13296654
#SPJ1
use the drop-down menus to indicate whether each of the following events would be recorded as revenues at the time it happens under the accrual-basis and cash-basis accounting methods.
October: Receive cash in advance from customers for services to be performed in November. Do not record acrual basis/ record cash basis
November: Receive cash for services performed in November. Record in BOTH acrual and cash basis
November: Perform services for customers who paid in advance during October. Record acrual basis/Do not record cash basis
Cash basis accounting is when you record transactions when you pay or get money. Accrual basis accounting is done when a bill is received or an invoice is created.
Is an accrual basis or cash basis cash flow statement used?While the cash flow statement begins with net income and converts the economic activity of the company from an accrual basis to a cash basis, the income statement and balance sheet both represent an accrual basis of accounting.
Transactions are calculated on an accrual basis. Basis in cash
1. Advance payment of money The revenue was not record-breaking.
2. Invest in supplies Not record The expense was not recorded
3. Received payment for services; revenue record; revenue
(4) Provide services record income not keep track of the money
5. Pay for the supplies using cash. Not recording the expense in the records
To learn more about cash flow statement here:
https://brainly.com/question/27994727
#SPJ4
a company has net sales of $200,000, cost of goods sold of $120,000, selling expenses of $6,000, and nonoperating expenses of $2,000. what is the company's gross profit?
Gross profit is a key metric used to measure a company's financial performance, as it represents the amount of money a company has earned after accounting for the cost of producing and selling its products.
The gross profit is calculated as follows:
Net Sales - Cost of Goods Sold = Gross Profit
In the example given, the company had net sales of $200,000 and cost of goods sold of $120,000, so the gross profit is $80,000 ($200,000 - $120,000). The selling expenses and nonoperating expenses are not included in the calculation of gross profit, as they are considered separate from the company's core operations.
The company's gross profit is calculated by subtracting the cost of goods sold from net sales:
Gross Profit = Net Sales - Cost of Goods Sold
Gross Profit = $200,000 - $120,000
Gross Profit = $80,000
To learn more about gross profit please click on below link
https://brainly.com/question/16999019
#SPJ4
the blank principle of gaap states that costs associated with a good or service should be recorded at the same time as the revenue from selling that good or service. multiple choice question. historic revenue tax matching
The revenue principle of GAAP states that the costs associated with a good or service should be recorded at the same time as the revenue from selling that good or service.
According to the revenue recognition principle, a component of accrual accounting, revenues must be recognised in accordance with generally the accepted accounting principles (GAAP). This means that rather than necessarily occurring when cash is received, revenue is recorded on the income statement in the period in which it is realised and earned. The goal of GAAP is to establish a standardised, understandable, and the comparable way of accounting.
To learn more about revenue, click here.
https://brainly.com/question/29567732
#SPJ4
_____resulted in people planting more cotton, expanded the use of slave labor
Eli Whitney's mechanical cotton gin resulted in people planting more cotton, and expanded the use of slave labor. By far most of enslaved Africans utilized in ranch horticulture were field hands.
Developing more cotton implied an expanded interest in slaves. Slaves in the Upper South turned out to be unbelievably more significant as wares given this interest for them in the Profound South.
The cotton gin made cotton massively productive, which urged the west movement to new regions of the US South to develop more cotton. The number of oppressed individuals rose with the expansion in cotton creation, from 700,000 in 1790 to more than 3,000,000 by 1850.
Learn more about slave labor:
https://brainly.com/question/4492951
#SPJ4
small firms will have relatively high loadings (high betas) on the smb (small minus big) factor. a. explain why.
The Small Minus Big (SMB) factor measures the spread between the returns of small- and large-cap stocks. Small-cap stocks tend to have higher betas compared to large-cap stocks, meaning that small firms will have relatively high loadings on the SMB factor.
This is because small firms often have higher levels of volatility and higher risk because they have fewer resources and may be more sensitive to market shocks. This higher risk is reflected in higher betas, leading to higher loadings on the SMB factor. In addition, small firms tend to have higher exposure to the business cycle, leading to higher loadings on the SME factor. As such, small firms tend to have a higher beta and consequently a higher loading on the SMB factor.
To know more about SMB click here
https://brainly.com/question/28939185
#SPJ4
You invest $100 into a CD offering 5% APR with semi-annual compounding How much money will you have in the account after 1 year? 1 point
If You invest $100 into a CD offering 5% APR with semi-annual compounding, money will you have in the account after 1 year is $105.06.
Given:
Investment in CD =100
APR=5%
Compounding Frequency: Semi-Annual
Required:
The money in the account after one year.
Amount in the account:
The amount in the account after one year can be computed with the following formula:
Amount in the account=initial amount*((1+APR/Number of compounding periods in a year)^number of years*number of compounding periods in a year)
Computing the amount in the account:
Amount in the account=100*[(1+0.05/2)^2*1]
=100*[(1.025)^2]
=100*1.050625
=105.0625
Answer:
The amount in the account after one year is: $105.06.
To know more about Computing the amount visit:
https://brainly.com/question/29581862
#SPJ4
which accounting principle would require aonrad accounting services to record the bookkeeping recenus in the following year and not in the yaer the cash wasa received
According to the revenue recognition principle, Conrad Accounting Services would have to record the accounting income in the year after the cash was received rather than the year it was actually received.
What is the revenue recognition principle?Essentially, the revenue recognition principle means that companies' revenues are recognized when the service or product is considered delivered to the customer — not when the cash is received. Determining what constitutes a transaction can require more time and analysis than one might expect.
The measuring, processing, and sharing of financial and non-financial information regarding economic entities like enterprises and corporations is known as accounting, sometimes known as accountancy. the process of gathering, compiling, and reporting information on business and financial activities.
Learn more about Accounting at:
https://brainly.com/question/22917325
#SPJ4
what is ur name class- age- fav subject - interest- name if country you live in btw i am 10 my name is alexa live in usa grade 6 fav subject math and interest books
Answer:
name -Alisha
country-South Africa
age-16
class- grade 10
fav sub - English and life science
interest - music