The uncertainty of loss that you may incur is:

a. a peril
b. a hazard
c. a contract
d. insurance
e. risk


e. risk

Business

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Outline, with a brief description, the different types of bonds

What will be an ideal response?

Business

John deposited $2,000, at the END of every month for 2 years in a savings account. If the account paid 6% interest, compounded monthly, use Table 12-1 from your text to find the future value of his account

A) $53,374.40 B) $44,320.00 C) $50,320.10 D) $50,863.92

Business

Pot Co. holds 90% of the common stock of Skillet Co. During 2018, Pot reported sales of $1,120,000 and cost of goods sold of $840,000. For this same period, Skillet had sales of $420,000 and cost of goods sold of $252,000.Included in the amounts for Skillet's sales were intra-entity gross profits related to Skillet's intra-entity transfer of merchandise to Pot for $140,000. There were no intra-entity transfers from Pot to Skillet. Intra-entity transfers had the same markup as sales to outsiders.  Pot still had 40% of the intra-entity gross profit remaining in ending inventory at the end of 2018. What are consolidated sales and cost of goods sold for 2018?

A. $1,400,000 and $966,000. B. $1,400,000 and $974,400. C. $1,540,000 and $1,092,000. D. $1,540,000 and $1,078,000. E. $1,400,000 and $952,000.

Business

Technical knowledge of computer hardware and system software is required to assess the resources required to update a system to address unmet user needs

a. True b. False Indicate whether the statement is true or false

Business