Warren, Inc purchased a $400,000 life insurance policy on the company president on January 1, 2017. The premium that was paid on January 1 amounted to $11,600. In the first year, cash surrender value increased by $900 and dividends received by Warren from the insurance company for the year amounted to $300. What was Warren's insurance expense for 2017?
A) $10,400
B) $11,000
C) $12,500
D) $12,800
A
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The following are human relations principles that convey appropriate tone to customers:
A) use I-centered phrasing to be sure they understand you. B) talk to people as groups, not as individuals to avoid offending. C) express ideas in ways that convey "what's in it for me" to customers. D) be aggressive in phrasing in order to convey the importance of your message.
To specifically disclaim an implied warrant of merchantability, a seller or lessor must mention the word merchantability
Indicate whether the statement is true or false
Clausel Inc., a furniture manufacturing company, receives a bulk order from a multinational company for 150 office chairs. To complete the order on time, Clausel Inc. speeds up its production process by hiring additional labor and purchasing more supplies. In this scenario, the costs incurred by Clausel Inc. for hiring more labor and buying more supplies exemplify its _____.
A. variable costs B. implicit costs C. indirect costs D. fixed costs
Providing a coupon for a free meal to an unsatisfied customer on account of a delay in service is an example of
A) service recovery. B) service failure. C) fail-safe service. D) service loss.