As the owner of a business, Rodrigo needs fire insurance. His building is worth $984,000 and the contents are valued at $800,500. His agent placed the building in structural classification D and area rating 1. Use Table 19-4 in your text to calculate Rodrigo's total premium
A) $8,005.00
B) $8172.00
C) $8,642.60
D) $8,760.30
B
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An accountant explains how to construct a “CD ladder,” a technique that enables investors to benefit from the high interest rates of long-term certificates of deposit without losing access to their money for overly long periods of time. This is an example of which type of informative presentation?
a. exploratory b. explanatory c. descriptive d. demonstrative
Collins Inc applies overhead using direct labor hours. The following data are available for the year: Estimated direct labor hours 1,050,000 Actual direct labor hours 1,000,000 Overhead applied $5,000,000 Actual overhead $4,850,000 What predetermined overhead rate did Collins use?
A subsidiary corporation ceases to exist after a share exchange
Indicate whether the statement is true or false
According to the "continuum of environmental sensitivity," which of the following types of products would be most insensitive to environmental changes?
A. basic commodity-type consumer products B. consumer products closely linked to social variables C. consumer products that are tied to cultural variables D. industrial products E. international products