What type of insurance protects a business against injuries on the premises?
B)Comprehensive general liability
The only answer that seems to make sense is to reduce tariffs on imports but this only makes sense if it doesn't adversely affect local producers ie that it is on items which are not locally produced so as not to compete with the former items but to encourage cheaper goods for sale to assist consumers.
Answer: Channel stuffing
Explanation: In simple words, channel stuffing refers to the deceitful business practice by the organisations in which it shows wrong picture of its sales and earnings by sending more products to the distribution channel which they are able to send.
In the given case, Chantel has been sending their distributors more units than they asked for with the objective of inflating the sales number in the records.
Hence from the above we can conclude that the correct option is C.
Answer:
Budgeted Income Statement for the year
Sales (820 units × $ 2,130) $1,746,600
Less Cost of Sales (820 units × $ 1,500) ($1,230,000)
Gross Profit $516,000
Less Operating Expenses :
Selling and administrative expense
Variable (820 units × $ 75) ($61,500)
Fixed ($400,000)
Operating Profit $54,500
Less Non - Operating Expenses :
Interest ( $29,000)
Net Income / (Loss) $25,500
Explanation:
Income Statement shows the company`s performance from its operations.
Income / (Loss) = Sales - Expenses.
Answer:
Investor A = $545216 .
Investor B = $352377
Investor C = $897594
Explanation:
Annual rate ( r ) = 9.38%
N = 41 years
<u> Calculate the balance at age of 65</u>
1) For Investor A
balance at the end of 10 years
= $2000 (FIA, 9.38 %, 10) (1 + 0.0938) ≈ $33845
Hence at the end of 65 years ( balance )
= $33845 (FIP, 9.38 %, 31) ≈ $545216 .
2) For investor B
at the age of 65 years ( balance )
= $2000 (FIP, 9.38%, 31) = $322159 x (1 + 0.0938) ≈ $352377
3) For Investor C
at the age of 65 years ( balance )
= $2000 (FIP, 9.38%, 41) = $820620 x (1 + 0.0938) ≈ $897594
