Several different values can be considered when determining how much insurance should be carried on a dwelling (the Coverage A limit of the Homeowners 3 policy). The appropriate value that should be used is:
A) the home's market value.
B) the home's actual cash value.
C) the home's appraised value for property tax purposes.
D) the home's replacement cost.
Answer: D
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In 2012, Wingen Inc sold 325,000 units at $8 each. Sales volume is expected to increase by 15 percent in 2013 while the price of each unit is expected to decrease by 15 percent. The expected sales revenue for 2013 is:
A) $ 373,750 B) $2,541,500 C) $1,878,500 D) $2,990,000
A company has had stable sales and production for several years. Next year, sales are expected to increase by at least 50%. Assuming that the company maintains its policy for desired ending inventories of finished product and direct materials purchases, what will be the likely effect on the desired ending inventory of finished product?
A) it will increase B) it will decrease C) it will stay the same D) none of these E) it will be twice the size of the desired ending inventory of raw materials
Generally, a dissociated member of a limited liability company (LLC) has the right to have his or her interest in the LLC bought out by the other members.
Answer the following statement true (T) or false (F)
What role does perception play in determining whether an employee is receiving equitable treatment?
What will be an ideal response?