1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
denis23 [38]
2 years ago
15

Sheridan Company includes one coupon in each bag of dog food it sells. In return for eight coupons, customers receive a leash. T

he leashes cost Sheridan $3 each. Sheridan estimates that 60 percent of the coupons will be redeemed. Data for 2020 and 2021 are as follows:
2020 2021
Bags of dog food sold 510000 600000
Leashes purchased 19000 24000
Coupons redeemed 130000 150000
The premium liability at December 31, 2015 is:_____.
a. $22,500.
b. $39,375.
c. $45,000.
d. $84,375.
Business
1 answer:
Gnesinka [82]2 years ago
4 0

Answer:

Note: <em>The options attached belongs to another question, so the answer is not included</em>

Premium liability at December 31, 2020 = ((510,000*60%) - $130,000) /  8*3

Premium liability at December 31, 2020 = 176,000 / 24

Premium liability at December 31, 2020 = 7,333.33

Premium liability at December 31, 2021 = 7333.33 + ((600000*60%) - 150000) / 8*3

Premium liability at December 31, 2021 = 7333.33 + 360,000 - 150,000

Premium liability at December 31, 2021 = 217,333.33

You might be interested in
The additional security option, used for credit card transactions, that keeps track of a customer’s historical shopping patterns
Otrada [13]

Answer: the correct answer is d. transaction-risk scoring software.

Explanation: The additional security option, used for credit card transactions, that keeps track of a customer’s historical shopping patterns and notes deviations from the norm is <u>transaction-risk scoring software.</u>

3 0
3 years ago
The treasurer of a major U.S. firm has $29 million to invest for three months. The interest rate in the United States is .29 per
7nadin3 [17]

Answer:

Check the following calculations.

Explanation:

The U.S. firm has $29 million

Investment is for three months

And the interest rate in the United States is .29 percent per month

The value of the investment if the money is invested in U.S

= $29 million *(1+ 0.29%) ^3

= $29.2530 million

The interest rate in Great Britain is .33 percent per month.

The spot exchange rate is £.629

And the three-month forward rate is £.632.

The value of the investment if the money is invested in Great Britain

Value after spot exchange = $29 million *(£.629/$1) = £ 18.241 million

Value after three months interest earning = £ 18.241*(1+0.33%) ^3

= £ 18.4222 million

Exchanging again in US $ after 3 months

= £ 18.4222 *($1/£ .632) = $29.1490 million

Therefore the value of the investment if the money is invested in Great Britain is $29.1490 million.

The value of investment will be more if the money is invested in U.S.

6 0
2 years ago
Purchasing power parity does not hold in the short to medium run because:____.
maria [59]

Answer:

some goods aren't internationally traded

Explanation:

Purchasing power parity is most popularly known as the PPP. It may be defined as the measure of the prices of the various countries which makes use of the price of some specific goods in order to compare the absolute purchasing capability or power for the countries' currencies.

It is used to measure and compare prices at different locations.

The purchasing power does not hold good in the short to the medium run as different countries produces different goods and as such all the goods are not internally traded all over the locations or countries.

8 0
2 years ago
Which of the following is true about the ISO? Question 1 options: It makes technical recommendations about data communications i
Vadim26 [7]

Answer:

All of the above

Explanation:

ISO means: International Organization for Standardization.  It is one of the most important standard making bodies.

This organization has issued the standard ISO 15118 (1-9) that gives technical recomendations about data communication interfaces for road vehicles. So, both concepts listed above are true.

6 0
3 years ago
A decrease in supply would best be reflected by a change from
Sergeu [11.5K]

When there is a decrease in supply, it would be reflected by a change from Curve A to Curve C.

<h3>How are supply decreases reflected?</h3>

When supply decreases, it leads to the supply curve shifting to the left to show that there is a lesser quantity available.

In the graph therefore, a decrease in supply would be shown as a shift from Curve A to Curve C or Curve B to Curve A.

Find out more on decreases in supply at

#SPJ12

6 0
2 years ago
Other questions:
  • The two-step process of reporting includes
    5·1 answer
  • To generate leads for new business, Gustin Investment Services offers free financial planning seminars at major hotels in Southw
    6·1 answer
  • When are you allowed to stand on the top ladder
    15·1 answer
  • With Kanban, project management becomes a game of facilitating and implementing better risk management.
    14·1 answer
  • Which markets compete in non-price competition?
    15·2 answers
  • Sobota Corporation has provided the following partial listing of costs incurred during August:
    13·1 answer
  • An error in the physical count of goods on hand at the end of a period resulted in a $10,000 overstatement of the ending invento
    8·1 answer
  • Using the SMART goal-writing criteria, what refers to asking how to achieve the goal?
    10·2 answers
  • Assume that product Adam, a product designed for the High-End segment, can reach its full potential market share next year. A go
    5·1 answer
  • In a print advertisement, items used to identify the sponsor of the ad, such as the company logo or usp, are referred to as.
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!