Answer:
$1000
Explanation:
Given the policy coverage = $30000
The amount of deductible = $1000
Total damage of the car when the accident occurred = $6200
Below is the calculation to find the amount that Frank has to pay:
The amount payable by Frank out of pocket = Deductible amount
The amount payable by Frank out of pocket = $1000
Answer:
The correct answer is option (B).
Explanation:
According to the scenario, the given data are as follows:
For Jan.1,2020 value = $626,400
Interest rate = 7%
So, we can calculate the amount of bond interest expense by using following formula:
Interest Expense = Carrying Value × Market Interest Rate
By putting the value of following
Interest expense = $626,400 × 7%
= $626,400 × 0.07
= $43,838
Hence, the amount of bond interest expense to be recognized on December 31, 2020, is $43,838.
When people are led to think about their own death they are more attracted to a charismatic leader.
The German sociologist Max Weber invented the idea of charismatic authority. It involves a kind of organisation or leadership where the leader's charisma confers authority. This contrasts with two other sorts of authority, namely traditional authority and legal authority. The three categories of authority that Max Weber identified are comprised of each of the three sorts.
The first time the word "charisma" came into use was in Saint Paul's writings to the fledgling Christian communities in the first century.
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Because how do you know whether or not to accept the position. How do you know if it’s the right job for you? Or, what if you have to choose between two appealing offers? Will you feel comfortable with the people you work with?
Answer: c. Debt Service Fund and General Fund
Explanation:
The Sinking fund is a Debt Service Fund as it was created to retire some general obligation bonds. Every transaction that had to do with the retirement of debt as well as contribution to the retirement of debt would go in this account.
The General fund is also needed because this is the main fund of a Government entity. Everything that does not go through special funds is recorded here. This Fund therefore would show that the city made a $550,000 contribution to the sinking fund.