The Progressive Insurance commercials that feature the character of Flo discussing the firm's insurance products are presenter commercials.
Answer the following statement true (T) or false (F)
True
The presenter commercial uses one person or character to present the product and carry the sales message. Some presenters are actors playing a role, such as Stephanie Courtney as "Flo" in ads for Progressive.
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Rev. Proc. 87-56 was the 56th Revenue Procedure issued in 1987.
Answer the following statement true (T) or false (F)
What is the interest cost and the total amount due on a six-month loan of $1,500 at 13.2% simple annual interest?
A) $99; $1,500 B) $99; $1,599 C) $198; $1,698 D) $198; $1,500
Lux Company uses a periodic inventory system. The company started the month with 20 lamps in its beginning inventory that cost $30 each. During the month, Lux purchased 80 additional lamps for $31 each. At the end of the month, Lux counted its inventory and found that 25 lamps remained unsold. If Lux uses the weighted average cost method, its cost of goods sold for the month is:
A. $2,310.00. B. $770.00. C. $2,287.50. D. $2,305.00.