User Account

All Pages

What is Finks revenue from insurance premiums

Assignment Help Accounting Basics
Reference no: EM132500041

Question - Fink Insurance collected premiums of $18,000,000 from its customers during the current year. The adjusted balance in the Deferred premiums account increased from $6 million to $8 million dollars during the year. What is Fink's revenue from insurance premiums recognized for the current year?

Reference no: EM132500041

Questions Cloud

Calculate the amount of revenue : Assuming an effective interest rate of 10% pa, calculate the amount of revenue which should be recognised in the years 20X7, 20X8 and 20X9
How current research supports the picot : A literature review analyzes how current research supports the PICOT, as well as identifies what is known and what is not known in the evidence.
What would be the Greens maximum allowable education credit : Eric's, 1st year of college. They have no education expenses for themselves. What would be the Greens maximum allowable education credit
What is the required adjusting entry at December : The total amount received was credited to deferred subscriptions revenue. What is the required adjusting entry at December 31, 2016
What is Finks revenue from insurance premiums : Fink Insurance collected premiums of $18,000,000 from its customers during the current year. What is Finks revenue from insurance premiums
What was the total amount of cash paid by Castle : Insurance expense recognized during the year 218,750. What was the total amount of cash paid by Castle for insurance premiums during the year
PRT581 Principles of Software Systems Assignment : PRT581 Principles of Software Systems Assignment Help and Solution, Charles Darwin University - Assessment Writing Service - What would be the challenges
What was the total amount paid to the preferred shareholders : During 2017, the company declared and paid $129,000 in dividends. What was the total amount paid to the preferred shareholders as dividends in 2017
What price will this firm charge : Price and cost Nolan per unit! 1} Figure 14.2.2 (above) describes a firm in monopolistic competition.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd