Answer:
$227,500
Explanation:
The computation of the total amount of cash paid is shown below:
Cash paid for insurance premium = Prepaid Insurance at end of the year + Prepaid Insurance recognized - Prepaid Insurance at the beginning of the year
= $61,250 + $218,750 - $52,500
= $227,500
We simply applied the above formula so that the correct amount of cash paid could come with respect to the insurance premium
GDP (gross domestic product) is one of the primary factors used to test the countries economic health. It represents the total dollar value of all goods and services produced over a specific period.
Hope this helps!
You can make monopolies. You don't have to lower your prices because nobody is offering lower prices. You can sell bad stuff for high prices. But monopolies do tend to disappear.
When determining the number of channel members to use at each level, three strategies are available: intensive, exclusive, and exclusive
<h3>What are the 3 distribution intensity levels?</h3>
- A distributor is referred to as someone who buys goods, warehouses them, and then distributes them to customers.
- They function as a middleman between producers and retailers or customers, rather than acting in their own best interests.
- In most cases, distributors work together with customers and producers.
- These Three Distribution Methods
- Broad Distribution: a maximum number of outlets. To reach as many people as you can in the market, extensive distribution aims to reach.
- Selective Distribution: The use of particular outlets in particular places.
- Specialized Distribution: Fewer outlets
To learn more about distribution intensity, refer to the following link:
brainly.com/question/3520708
#SPJ4
The correct answer is Tariffs, Increase.
Your welcome Like, Rate and Follow.
