amariadams1952 amariadams1952

22-02-2024
Business

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Shelton manufacturing has $1 million in annual sales, its liability insurance is priced per 1,000 of sales, and the per-unit rate is $0.50. What is Shelton Manufacturing's liability insurance premium?
a. $500
b. $5,000
c. $50
d. $50,000

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