Type the correct answer in the box. Spell all words correctly. After analyzing his business venture, Jim chalked out a business plan, which included maintaining a high liquidity to cover any cash crunch at a future date. He also insured his inventory to cover all losses that could arise due to theft and damage as his goods are transported and stored in warehouses all over the country. How would you classify his plan?

Jim’s business policy could be classified as a ___ plan.

Need true or false 1 2 3 4 5 6 7 8

The following costs were incurred in may: direct materials $ 44,800 direct labor $ 29,000 manufacturing overhead $ 29,300 selling expenses $ 26,800 administrative expenses $ 37,100 conversion costs during the month totaled:

In a fixed-term, level-payment reverse mortgage, sometimes called a reverse annuity mortgage, or ram, a lender agrees to pay the homeowner a monthly payment, or annuity, and expects to be repaid from the homeowner’s equity when he or she sells the home or obtains other financing to pay off the ram. consider a household that owns a $150,000 home free and clear of mortgage debt. the ram lender agrees to a $100,000 ram for 10 years at 6 percent. assume payments are made annually, at the beginning of each year to the homeowner. calculate the annual payment on the ram.