Premium is often paid by people based on some kinds of services offered.
From the picture attached, we can see Royce' premiums for the previous year, which were;
- Bodily injury $22.50
- Property damage $144.75
- Collision $275.75
- Comprehensive $100
If you add all together, the total premium of the policy was $543
Note that the premiums will increase by 5.2%,
therefore, the new total premium will be = $543 x 1.052 = $571.24
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Generally the preferred method of making decisions within an organization is the rational model. This model is the preferred method for making decisions but generally it is pretty unrealistic for a company to obtain and adapt into their organization. This model tries to combine rational with structured deicsion aking for the best possible outcome.
Answer:
Developing an action plan that identifies ways to achieve your financial goals.
Answer:
A. $1,517,648 thousand
Explanation:
The computation of the cost of goods sold using the FIFO method is shown below:
= Cost of goods sold under LIFO - (Ending LIFO reserves - Beginning LIFO reserves)
= $1,517,397 - ($4,345 - $4,094)
= $1,517,648
We simply applied the above formula so that the cost of goods sold using the FIFO method could come
All other information i.e given is not relevant. Hence, ignored it
