Answer:
When doing time trend analysis for financial ratios we can know how a company's ratio's have changed over time or if they have remained the same, so for example if a company's current ratio was less than 1 a year ago and is 3 now it means that the company was not very liquid a year ago but since then has made changes because of which it is liquid now, so we can see how a company has performed over a certain period of time.
On the other hand peer group analysis tells us how a company is performing compared to other companies in the same industry. For example if our cement company has a profit margin of 7% but the industry average is 15% we know that our company is doing something wrong or different as compared to the industry and we can look into it.
Explanation:
SNOW WHITE AND THE SEVEN DWARFS BY ANNE SEXTON
The correct answer is letter a. Activities related to selecting acceptable risks so that general insurer objectives are met. Underwriting is best described as "<span>Activities related to selecting acceptable risks so that general insurer objectives are met."</span>
Here are the choices
a. Activities related to selecting acceptable risks so that general insurer objectives are met.
b. Actuarial science
c. Production-related activities performed primarily by agents in the field
d. Process of developing pricing structures for insurance, often performed by an actuary
e. A function most often performed by adjusters
