Widgetmakers llc started business january, 01, 2010. they paid a $6,000 premium for insurance coverage on their inventory. the coverage expires june 01, 2010. at this time they renew for the remainder of the year by paying an additional premium of $7,700. what is the quarterly insurance expense that widgetmakers should report for the period ending june 30,2010.

Which of the following mechanisms would be most likely to motivate managers to act in the best interests of shareholders? a) decrease the use of restrictive covenants in bond agreements, b) take actions that reduce the possibility of a hostile takeover, c) elect a board of directors that allows managers greater freedom of action, d) increase the proportion of executive compensation that comes from stock options and reduce the proportion that is paid as cash salaries, e) eliminate a requirement that members of the board directors have a substantial investment in the firm's stocks

Which type of data is generally stored in different file formats, such as text files, spreadsheets, and so on?

The purpose of safety stock is to: a. eliminate the possibility of a stockout. b. control the likelihood of a stockout due to variable demand and/or lead time. c. eliminate the likelihood of a stockout due to erroneous inventory tally. d. protect the firm from a sudden decrease in demand. e. replace failed units with good ones.