Please check my answers and let me know if I am correct thank you.
1. An auto insurance premium may be partially based on
A. make of the car my answer
B. expected life of the car
C. attitude of the driver
D. number of years one expects to drive a car
2. Leo’s townhouse has a market value of $310,00. The property in Leo’s area was assessed at 40% of the market value. The tax rate is $145. 10 per $1,000 of assessed valuation. The tax for Leo is
A. $17,992.40. My answer
B. $7,999.30
C. $7,999.40
D. $16,922.40
3. The stock of Company X pays a dividend of $.88. The stock opened at $18.25 and closed at $18.33. The stock yield is
A. 4.8% My answer
B. 4.9%
C. 4.2%
D. 4.1%
4. 9.1 % of a circle graph represents
A. 37.26 My answer
B. 32.76
C. 42
D. 45
5. The cost ratio in the retail method is found by the cost of goods available for sale divided by the
A. ending inventory at retail.
B. net sales.
C. net purchases at cost.
D. Cost of goods available for sale at retail. My answer
4 answers