1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Komok [63]
1 year ago
14

Which of the following is a benefit of insurance?.

Business
1 answer:
UNO [17]1 year ago
8 0

The ability to receive compensation for losses is insurance's most obvious and crucial benefit. An insurance strategy is a policy used to reimburse people and associations for covered misfortunes.

What is an advantage of having insurance?

By shielding you from potential financial losses or liabilities brought on by unanticipated occurrences, insurance primarily serves to preserve your current wealth.

Describe three advantages of term insurance.

The advantages of purchasing term insurance include the ones listed below: Affordable Premium for a Large Guaranteed Sum. Simple to comprehend. Numerous Options for Paying Out Death Benefits.

Insurance serves a number of purposes, including risk sharing, capital formation, economic development, and other things. Insurance has nothing to do with loans.

To learn more about Insurance strategy here

brainly.com/question/28039582

#SPJ4

You might be interested in
What are some non-monetary costs of attempting to eliminate risks? loss of life loss of productivity loss of time.
NikAS [45]

Some non-monetary costs of attempting to eliminate risks a are  time costs, search costs, and psychological costs .

Non-Monetary cost is a cost which a buyer pays other than money, to acquire a thing.The non-monetary price of acquiring a product comprises the time spent looking for it and the risk taken that it will provide the desired benefits.    

 

Non-monetary costs are another type of sacrifice that customers feel when they purchase and use a service. When deciding whether to purchase a service or repurchase it, time costs, search costs, and psychological costs are frequently taken into consideration and may occasionally be more significant considerations than monetary price.

The psychological expenses associated with receiving these services are the most distressing non-monetary charges. Fear of rejection (bank loans), fear of not understanding (insurance), and worry of uncertainty (including fear of high cost) are all examples of fears.

To learn more about non-monetary costs here

brainly.com/question/1068495

#SPJ4

6 0
1 year ago
Assume that Zonk is a potential leveraged buyout candidate. Assume that the buyer intends to put in place a capital structure th
vekshin1

Answer:

A.8.85%

Explanation:

Computation to determine the weighted average cost of capital for Zonk based on the new capital structure.

First step is to calculate the Cost of equity capital using this formula

Cost of equity capital = Risk free rate + (Beta*Market premium)

Let plug in the formula

Cost of equity capital = 2.3% + (1.13*5.3%)

Cost of equity capital=8.28%

Now let determine theWeighted average cost capital

Weighted average cost capital = [.70*.14*(1-.35)]+(.30*.0828)

Weighted average cost capital= [.70*.14*.65]+.02484

Weighted average cost capital=0.0637+.02484

Weighted average cost capital= .0885*100

Weighted average cost capital= 8.85%

Therefore the weighted average cost of capital for Zonk based on the new capital structure is 8.85%

4 0
3 years ago
If the government for the state of Washington collects $65.8 billion in tax revenues in 2013 and total spending in the same year
MatroZZZ [7]

Answer:

D a budget deficit.

Explanation:

A budget deficit is when government spending exceeds income from taxes.

The State of Washington spent a total of $74.8 billion and had a total income of $65.8 billion. Spending exceeds income from taxes by $9 billion. The State of Washington has a budget deficit.

A budget surplus is when income from taxes exceeds government spending.

I hope my answer helps you.

8 0
3 years ago
What prevented you from being able to do your best? How could that obstacle be removed to allow you to perform at your peak?
o-na [289]
It will always be a problem ahead but you will have to overcome and uprise that problem
8 0
3 years ago
If one unit of Product Z2 used $1.70 of direct materials and $3.70 of direct labor, sold for $10.00, and was assigned overhead a
vagabundo [1.1K]

Answer:

The correct answer is B

Explanation:

The gross profit is computed as:

Gross Profit (GP) = Selling price - Expense

where

Selling price amounts to $10.00

Expenses involve DM (Direct Material), DL (Direct Labor) and Overhead

So,

DM amounts to $1.70

DL amounts to $3.70

And

Overhead = 22 % of direct labor

= 22% × $3.70

= $0.814

Putting the values above:

GP = $10.00 - ($1.70 + $3.70 + $0.814)

GP = $10.00 - $6.214

GP = $3.786 or $3.79

7 0
3 years ago
Other questions:
  • What are implicit​ costs? an implicit cost is
    6·1 answer
  • The crusades, fought on the basis of religion occurred in the continent of
    12·1 answer
  • On July 1, 2019, Cullumber Company pays $12,000 to Kalter Insurance Co. for a 3-year insurance contract. Both companies have fis
    9·1 answer
  • The economic order quantity (EOQ) deals with calculating the proper order size with respect to ____ costs and ____ costs.
    6·1 answer
  • Company ABC, based in Tennessee, sources goods from Southeast Asia to take advantage of labor cost savings. This is an example o
    15·1 answer
  • A hospital revenue bond issue is being underwritten on a negotiated basis. The offering consists of $100,000,000 par value of te
    12·1 answer
  • The following information is for Chambersburg Corp. for 2018 and 2017. Chambersburg uses the straight-line depreciation method.
    7·1 answer
  • 5.Is it easier for a few firm to enter the market under found in oligopolis competition or oligopolis? Why?
    9·1 answer
  • g Carlos loves watching Downton Abbey on his local public TV station, but he never sends any money to support the station during
    10·1 answer
  • Why do we record Direct deposits into the CPJ
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!