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What is a premium expense charge?
A premium expense charge imposed by an insurer is typically found on universal life insurance policies and is designed to enable the insurer to recover its business acquisition costs and premium taxes.
Do you capitalize freight charges on equipment?
No. Freight charges are an expense item.
What kind of expense is bank charges?
indirect exp
Will the total amount of interest expense reported over the life of the bonds be the same regardless of whether the bonds are issued at par premium or discount?
No, the total amount of interest expense reported over the life of the bonds will not be the same if the bonds are issued at par, premium, or discount. When bonds are issued at a premium, the effective interest expense is lower than the nominal interest payments, whereas, for bonds issued at a discount, the effective interest expense is higher than the nominal payments. Thus, the total interest expense recognized will differ based on the issuance price relative to par value.
The number of times interest charges are earned is computed as?
Type y income before income tax plus interest expense, divided by interest expense our answer here...
Restructuring charges be classified as an operating expense or as a nonoperating expense?
Should restructuring charges be classified as an operating expense or as a nonoperating expense?
What is a premium expense charge?
A premium expense charge imposed by an insurer is typically found on universal life insurance policies and is designed to enable the insurer to recover its business acquisition costs and premium taxes.
Do you capitalize freight charges on equipment?
No. Freight charges are an expense item.
What is premium loading in insurance?
Premium loading is an amount an insurance company adds to the basic premium to cover the expense of securing and maintaining the business.
What kind of expense is bank charges?
indirect exp
What best describes gross annual premium?
In fact, gross annual premium includes tax element including service tax charged on premium amount.
What is loading in insurance?
Premium loading is an amount an insurance company adds to the basic premium to cover the expense of securing and maintaining the business.
What is 5664466 nambar?
it is a shortcode with premium charges for some service
Should restructuring charges be classified as an operating expense or as a non operating expense?
Non-operating I believe, because they are non-recurring
Is shipping expense a mixed cost?
Yes. Shipping cost is a combination of fixed and variable expense. Fixed expense of shipping would be payment and insurance. Variable expense of shipping would be fuel cost.
When a bond is bought at a premium do you recognize income or expense?
You have a high probability of creating a principle loss.
Will the total amount of interest expense reported over the life of the bonds be the same regardless of whether the bonds are issued at par premium or discount?
No, the total amount of interest expense reported over the life of the bonds will not be the same if the bonds are issued at par, premium, or discount. When bonds are issued at a premium, the effective interest expense is lower than the nominal interest payments, whereas, for bonds issued at a discount, the effective interest expense is higher than the nominal payments. Thus, the total interest expense recognized will differ based on the issuance price relative to par value.
