Use the Following Information for Questions 127, 128, and 129

question 28

Multiple Choice

Use the following information for questions 127, 128, and 129.
Muggs Co. includes one coupon in each bag of dog food it sells. In return for eight coupons, customers receive a leash. The leashes cost Muggs $3 each. Muggs estimates that 45 percent of the coupons will be redeemed. Data for 2014 and 2015 are as follows:
-The premium expense for 2014 is

• A) $187,500.
• B) $45,000.
• C) $75,000.
• D) $84,375.

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Definitions:

Power Players

Individuals who hold significant influence or authority within an organization or field, often shaping outcomes and decisions.

Global Market

The worldwide economic area that allows for the buying, selling, and trading of goods and services across national borders.

Emerging Markets

Denotes countries or regions experiencing rapid industrialization, economic growth, and increased investment, often characterized by volatile but high potential returns.

Internal Force

Psychologic or emotional factors within an individual that influence their behavior, motivation, and decision-making processes.