Unlike Kickstarter, Crowdfunder and Circle Up ________________.
a. allow funding requests under $1000
b. allow funding requests over $5 million
c. give backers the opportunity to become shareholders in a company
d. do not allow companies to offer equity as a reward
c. give backers the opportunity to become shareholders in a company
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Insurance companies often verify the extent of inventory lost or destroyed by applying the:
a. specific identification method. b. retail method. c. lower-of-cost-or-market method. d. gross profit method.
A company has two departments, Y and Z that incur wage expenses. An analysis of the total wage expense of $19,000 indicates that Dept. Y had a direct wage expense of $2,000 and Dept. Z had a direct wage expense of $3,500. The remaining expenses are indirect and analysis indicates they should be allocated evenly between the two departments. Departmental wage expenses for Dept. Y and Dept. Z, respectively, are:
A. $10,250; $8,750. B. $2,000; $3,500. C. $8,750; $10,250. D. $6,750; $6,750. E. $9,500; $9,500.
Which of the following is the ultimate purpose of marketing activities?
a. selling products b. bringing about exchanges between buyers and sellers c. advertising products and services d. distributing products and services e. finding out what consumers want
Dane Cook has a $50,000 property loss. His insurance policy's coverage limit is $35,000, and has a $500 deductible applied to the loss. How much will Dane collect?
A) $50,000 B) $49,500 C) $35,000 D) $34,500