All individual health insurance policies must include a notice of claim provision requiring that a written notice of claim must be given to the insurer within how long after the occurrence of the loss?

Smith Company uses the LIFO retail inventory method for inventory costing. Smith Company has beginning inventory with a cost of $20,000 and a retail value of $40,000. During the year, the company purchases goods with a cost basis of $80,000 and a retail basis of $100,000. Sales are $60,000 at retail. Net markups are $5,000 and net markdowns are $5,000. Under the LIFO retail inventory method,

which cost-to-retail ratios are used to determine the cost of ending inventory? A) beginning inventory 50%; new layer 80% B) beginning inventory 50%; new layer 71.4% C) beginning inventory 50%; new layer 50% D) beginning inventory 50%; new layer 76.2%

Explain the value of penetration testing

What will be an ideal response?