Insurance Company A has a standard 90% coinsurance clause for all fire insurance coverage. Insurance Company B has a standard 75% coinsurance clause for all fire insurance coverage. A building is valued at $195,000 . How much more insurance coverage would Insurance Company A require than Insurance Company B for full coinsurance coverage?
$29,250
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The role of the agent in a principal-agent relationship is to
A) provide goods or services to a customer. B) arrange for the principal to provide goods or services to a customer. C) develop and maintain goodwill of the principal's customers. D) collect payment from the customer and remit it to the principal.
Colorful, Inc. was incorporated on January 1, 2016. Colorful issued 15,000 shares of common stock and 800 shares of preferred stock on that date. The preferred stock is cumulative, $100 par, with a 12% dividend rate. Colorful has not paid any dividends yet. In 2019, Colorful had its first profitable year, and on December 31, 2019, Colorful declared a total dividend of $44,000. What is the total amount that will be paid to common stockholders?
A) $9600 B) $38,400 C) $5600 D) $44,000
In a ______approach to expatriate compensation, the organization pays the expatriate a set amount of money to use on items such as taxes, vehicles, housing, and similar items during their assignment.
A. lump-sum B. negotiation C. pure localization D. international-minus
Unlike direct material and direct labor costs, overhead costs must be allocated to products.
Answer the following statement true (T) or false (F)