Moore Stores Has a Property Insurance Policy with an Annual

question 26

Short Answer

Moore Stores has a property insurance policy with an annual premium of $3,750. In recent months, Moore Stores failed four fire inspections, and filed three burglary claims against the policy. The insurance company has elected to cancel the policy, which has been in effect for 173 days. What is the regular refund due Moore Stores? (Round to the nearest cent)

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Definitions:

Market Fit

The degree to which a product or service satisfies strong market demand.

Gender Bias

The preferential treatment or prejudice against individuals based on their gender, which can affect hiring, promotion, and compensation decisions.

Point Method

A job valuation technique assigning points to different levels of skills, responsibilities, and other job factors to determine pay structures.

Job Evaluation

A systematic process for assessing the relative worth of jobs within an organization to establish fair compensation.