<span>This liability is called the insurer's
"loss reserve".</span>
Loss reserve<span> is
a gauge of an insurer's liability from future cases. <span>Loss reserves</span> most often contain liquid resources,
and they enable the insurer to cover claims made against strategies that it
endorses. Assessing liabilities can be a difficult task. Insurers need to regulate loss reserve
estimations as the situation change.</span>
Answer:
to follow her heart
Explanation:
and you will follow the steps
Answer:
a. increased by $56,000
Explanation:
General accounting equation ;
Assets = Liabilities + Owners equity
Owners equity = Assets - Liabilities.
Therefore,
Increase in stockholder's equity
= $87,000 - $31,000
= $56,000
E. Naive relativism
Explanation:
Naive relativism is based on the belief that humans ha e a deep seated view of what is right and what is wrong and can judge things by their own standards and make a decision.
<u>These decisions are thus treated as truth derived from one's own self by the person who is concerned. </u>
Naive relativism means that people also project their sense of right and wrong over others and sort of treat it as if it is universal.
Use this formula:
A= P(1+rt),
A is the final investment amount (4424.50x10)
P is the principal amount (25,000)
r is the rate of interest (annual)
t is the time period (10)
If A= P(1+rt),
then (1+rt) = A/P.
(1+r(10)=( 44,245)/25,000
10r=1.7698-1
r=.7698/10
<span>r=.07698 or 7.698%</span>
