Explain the importance of insurance to businesses

A depreciable asset has an estimated 15 percent salvage value. At the end of its estimated useful life, the accumulated depreciation would equal the original cost of the asset under which of the following depreciation methods?

What are two reasons why private loans are less favorable than federal loans

Carroll Corporation has two products, Q and P. During June, the company's net operating income was $25,000, and the common fixed expenses were $37,000.

Suppose the price elasticity of demand for cereal is negative - 1.03. If so, then the demand for cereal is (unit-elastic, elastic, inelastic. In another example, assume the price elasticity of demand for a particular magazine is negative - 0.72.

Which pattern of internal migration is most often found in developed countries?

Which of the following would be subtracted from net income when determining cash flows from operating activities under the indirect method? An increase in accounts payable. Depreciation expense. A decrease in prepaid insurance.

Which entry would record the payment of a utility bill? A. Debit Utilities Expense; credit Cash B. Debit Cash; credit Utilities Expense C. Debit Utilities Expense; credit Accounts Payable D. Debit Accounts Receivable; credit Utilities Expense

Waymire Company sells a motor that carries a 60-day unconditional warranty against product failure. From prior years' experience, Waymire estimates that 3% of units sold each period will require repair at an average cost of $100 per unit.

In the film industry, what is the term used to describe all the activities and actions taken in order to create a movie? a. acquisition b. distribution c. exhibition d. production

Taxpayers who recover all or part of an item that they deducted or took a credit for in a prior year, must report the same amount as