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aliya0001 [1]
2 years ago
5

What is the difference between policy owner and insured

Business
1 answer:
Darina [25.2K]2 years ago
8 0
The policy owner normally pays the premium whilst the insured could technically be himself or also another person he is paying the insurance for. For example a father paying medical insurance for the entire family. THere he would be policy owner but also the rest of the family would be insured.
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Last year Electric Autos had sales of $175 million and assets at the start of the year of $300 million. If its return on start-o
nalin [4]

Answer:

Operating profit margin = 25.71%

Explanation:

Amount of return on asset = Rate of return x Asset value

Amount of return on asset = 15% x $300,000,000

Amount of return on asset = $45,000,000

Operating profit margin = Amount of return on asset / Sales

Operating profit margin = $45,000,000 / $175,000,000

Operating profit margin = 0.257143

Operating profit margin = 25.71%

5 0
4 years ago
____________ involves a review of the sales, costs, and profit projections for a new product to find out whether they satisfy th
serg [7]

Answer:

Business analysis

Explanation:

A product can be defined as any physical object or material that typically satisfy and meets the demands, needs or wants of customers. Some examples of a product are mobile phones, television, microphone, microwave oven, bread, pencil, freezer, beverages, soft drinks, etc.

Business analysis refers to a strategic process that typically involves a review of the sales, costs, and profit projections for a new product in order to find out whether the product is in tandem with the objectives of the company.

This ultimately implies that, many organizations and business owners use business analysis to measure the level of satisfaction with respect to the company's objectives and its customers through the process of analyzing or reviewing the sales, costs and profits projection of its new products before pushing them out into the market.

Similarly, cost-volume-profit analysis is also known as the break even analysis, it is an important tool in predicting the volume of activity, the costs to be incurred, the sales to be made, and the profit to be earned is. It is used to determine how changes in differing levels of activities such as costs and volume affect a company's operating income and net income.

5 0
3 years ago
Maura had to get a $350 emergency loan at a very high interest rate to pay for dental work. The lender did not need her credit h
Norma-Jean [14]

Answer:

It would be A Raina is correct because the loan is a line of credit.

Explanation:

Hope this helps!

8 0
3 years ago
Read 2 more answers
Bau Long-Haul, Inc., is considering the purchase of a tractor-trailer that would cost $281,656, would have a useful life of 7 ye
poizon [28]

Answer:

19%

Explanation:

Calculation for what The internal rate of return on the investment in the tractor-trailer is closest to

First step is to calculate Factor of the internal rate of return (IRR)

using this formula

Factor of the internal rate of return(IRR)= Cost ÷ Additional Net annual cash inflow

Let plug in the formula

Factor of the internal rate of return(IRR)= $281,656 ÷ $76,000

Factor of the internal rate of return(IRR)= 3.706

Now let determine The internal rate of return on the investment

Based on the above calculation since Factor of the internal rate of return(IRR) for 7 years is 3.706 which means that the internal rate of return (IRR) will be 19%.

Or

The internal rate of return on the investment can also be calculated using below Excel formula

=RATE(7,$76,000,-$281,656)

IRR=19%

The internal rate of return on the investment in the tractor-trailer is closest to 19%

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