CHALLENGE PROBLEM 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 property 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.

Suppose that in an economy the structural unemployment rate is 2.2 percent, the natural unemployment rate is 5.3 percent, and the cyclical unemployment rate is 2 percent. the frictional unemployment rate is percent and the actual unemployment rate (in this economy) is percent.

When the federal reserve buys bonds from or sells bonds to member banks, it is called monetary policy reserve ratio interest rate adjustment open market operations

In early january, burger mania acquired 100% of the common stock of the crispy taco restaurant chain. the purchase price allocation included the following items: $4 million, patent; $3 million, trademark considered to have an indefinite useful life; and $5 million, goodwill. burger mania's policy is to amortize intangible assets with finite useful lives using the straight-line method, no residual value, and a five-year service life. what is the total amount of amortization expense that would appear in burger mania's income statement for the first year ended december 31 related to these items?