Calculate profit margin for Anna’s Flowers using the profit margin ratio. Anna’s has a net income of $650,000, sales of $5 million, and assets of $3 million. State your answer as a percentage for proper grading: XX%

Match the level of management to the type of planning most important at that level.

A company has the following information on its income statement. Calculate Cost of Good Sold (COGS). Net Sales: $1,071,300 Beginning Inventory: 138,000 Ending Inventory: 155,200 Net Purchases during the period: 642,100 For accurate grading, state your answer in this format: $XXX,XXX

You left a skateboard on your front steps. Your neighbor tripped on the skateboard and was injured. The fact that you didn’t put away the skateboard is called

Two people are both charged $250 for an office visit to the same specialist. The first person’s policy has a deductible of $300. Once they have met the deductible, the policy will cover the full cost of visits. They have not paid any money toward their deductible yet this year. The second person’s  policy will reimburse them $150, the maximum amount the plan provides for a visit to any specialist. Which of the following is correct?

A family has health insurance coverage that pays 80% of out of hospital expenses after a $500 deductible per person. If one family member has doctor and prescription medication expenses of $1,500, what amount will the insurance pay? 

Most home insurance policies do not cover the full cost to replace stolen jewelry unless items are covered with additional insurance.

You are financing a new home with a $400,000 mortgage loan. You are considering buying one point to lower your monthly payment. How much will the one point cost you?

The Patient Protection and Affordable Care Act of 2010 (AKA Obama-Care)…

Your homeowner’s policy provides for replacement value for personal property losses. A microwave oven that cost you $300 two years ago and has an expected life of six years is stolen. A comparable microwave oven costs $400 today. What amount will your insurance company pay? Assume you have a $500 deductible on the claim.