Determine the (a) annual base premium and (b) the annual premium. Use the said figure on the previous page for insurance premiums. All policies have a $\$ 50$ deductible for both comprehensive and collision.

Samuel Haskins uses his minivan primarily for his delivery business. He has $100/300$ bodily injury, and $\$ 100,000$ property damage coverage. Because of his business use, his driver-rating factor is $3.55$. His vehicle is classified A, $15$.

Determine the (a) annual base premium and (b) the annual premium. Use the said figure on the previous page for insurance premiums. All policies have a $\$ 50$ deductible for both comprehensive and collision.

Pierce Keenan has a $1.30$ driver-rating factor and his car is in age group A and insurance-rating group $14$. The coverage he wants is $50 / 100$ bodily injury and $\$ 25,000$ for property damage.

Determine the (a) annual base premium and (b) the annual premium. Use the said figure on the previous page for insurance premiums. All policies have a $\$ 50$ deductible for both comprehensive and collision.

Carl Adams uses his minivan to deliver office supplies. He has $100 / 200$ bodily injury and $\$ 50,000$ property damage coverage. Because of the business use of his van, his driver-rating factor is $3.10$. His van is classified as $\mathrm{D}, 14$.

Kurt Sorensen is looking at a $4$-year-old V$8$ four-door sedan that has $80,575$ miles. It also has a DVD player, power mirrors, leather seats, front bucket seats, and a power sunroof.

Ned Bishop delivers firewood to retail outlets in his truck. His driver-rating factor is 3.15. His insurance coverage includes 25/100 bodily injury and $25,000 proper ty damage. He has$50-deductible comprehensive and $50-deductible collision. His truck is in age group D and insurance-rating group 10. Calculate his annual (a) base premium and (b) premium and then (c) his annual premium if he gets a 20% discount by increasing his deductible to$200.

Determine the (a) annual base premium and (b) the annual premium. Use the said figure on the previous page for insurance premiums. All policies have a $\$ 50$ deductible for both comprehensive and collision.

Marcy Kirkpatrick uses her vehicle primarily for pleasure. She has $100 / 200$ bodily injury and $\$ 25,000$ property damage coverage. Because of her excellent driving record, her driver-rating factor is $1.00$. Her vehicle is classified as $\mathrm{D}, 14$.

Rick Takei has a 4-wheel drive vehicle whose average retail value is $15,857. A used vehicle guide adds$60 for heated outside mirrors, $250 for rear and side air bags,$175 for cruise control, and $100 for remote keyless entry. It suggests deducting$750 for excessive mileage. What is the average retail price?

Determine the (a) annual base premium and (b) the annual premium. Use the said figure on the previous page for insurance premiums. All policies have a $\$ 50$ deductible for both comprehensive and collision.

Danielle Cecil's driver-rating factor is $1.60$ and her car is in age group $\mathrm{D}$ and insurance-rating group $12$. She wants $100 / 300$ bodily injury and $\$ 50,000$ property damage coverage.

Determine the (a) annual base premium and (b) the annual premium. Use the said figure on the previous page for insurance premiums. All policies have a $\$ 50$ deductible for both comprehensive and collision.

Magdalena Castillo uses her SUV mainly for pleasure. She has $100 / 300$ bodily injury and $\$ 50,000$ property damage coverage. Her driver-rating factor is $2.15$, and her SUV is classified as C, $15$.

Use the said figure to calculate the average wholesale price for Kordell Henson's $4$-year-old V$6$ four-door sedan. It has $126,540$ miles, manual transmission, leather seats, a DVD player, power sunroof, aluminum wheels, and bucket seats.

Haskins, Inc. has reached an agreement with a customer, Skaife Corporation, to deliver 200 units of a customized product. The standard billing price per unit is $1,000, and there are no discounts, so Skaife Corporation will pay$200,000 in total. At the time of the agreement on April 6, Skaife Corporation provides a $40,000 cash deposit to Haskins, Inc. Haskins agrees to deliver 120 units to Skaife Corporation on May 31 and at that time, Haskins can send an invoice for$50,000 to be paid by Skaife Corporation on June IS. The remaining 80 units are to be delivered on July IS, accompanied by an invoice for the remaining amount of the total $200,000 purchase price to be paid on July 31.

REQUIRED Assume that Haskins, Inc. has no uncertainties about its own ability to meet the terms of the contract or about Skaife Corporation's ability and willingness to pay. Provide the journal entries to record the above events (leaving out the accounting for Haskins, Inc.'s costs).

Scott Hanson uses his minivan primarily for business. He has $50-deductible comprehensive,$50-deductible collision, 300/300 bodily injury, and $100,000 property damage coverage. Because of his business use, his driver-rating factor is 3.35. His vehicle is classified B, 15. What is his annual base premium? What is his annual premium?

Which of the following types of business organizations cannot have a foreign owner? a. S corporation b. limited liability company c. limited liability partnership d. not-for-profit organization

Monica Rizzo wants to buy a $4$-year-old V$6$ four-door sedan that has $52,686$ miles. It has manual transmission, a DVD player, leather seats, front bucket seats, and power sunroof but no air conditioning.