On April 30, 2004, a three-year insurance policy was purchased for $18,000 cash with coverage to begin immediately. What is the amount of Prepaid Insurance that would appear on the company's financial statements for the year ended December 31, 2004?

A) $ 500.
B) $ 4,000.
C) $ 6,000.
D) $14,000.
E) $13,500

Ans: D) $14,000.

Business

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In a recent article it was reported that 35.4% of all high school students smoke cigarettes. 65% of these students plan on going to college. What is the probability that a randomly selected student smokes cigarettes and plans on going to college?

A) 0.354 B) 0.230 C) 0.124 D) 0.412

Business

Traditionally, outdoor boards have been purchased and measured in terms of ________, which are estimates of the percentages of the population who had the opportunity to see the sign

A) coverage B) exposure C) showings D) ratings E) gross impressions

Business