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3 years ago

A company that is authorized y the commissioner to transact insurance business in Louisiana is called a

Business

1 answer:

umka21 [38]3 years ago

7 0

Answer:

A company that is authorized by the commissioner to transact insurance business in Louisiana is called a producer.

Explanation:

According to the Louisiana Insurance Code, a producer is a person required to be licensed under the laws of Louisiana to sell, solicit, or negotiate insurance, and includes all persons or business entities otherwise referred to as insurance agent, insurance broker, insurance solicitor, or surplus lines broker.

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Jasper Company provided the following information for last year: Costs Amount Sales in units 285,000 Selling price $17 Direct ma

yKpoI14uk [10]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Sales in units 285,000

Selling price $17

Direct materials $143,000

Direct labor $503,000

Manufacturing overhead $110,000

Selling expense $439,000

Administrative expense $860,000

A) Sales revenue= 285,000 units* $17= $4,845,000

B) Income statement:

Sales revenue= 4,845,000

COGS= (DM + DL + Overhead)= (756,000)

Gross profit= 4,089,000

Selling expense= (439,000)

Administrative expense= (860,000)

Net operating income= 2,790,000

4 0

4 years ago

Which type of financial aid is often based on merit, as opposed to financial need?

Vladimir79 [104]

Answer:

Scholarships

Explanation:

Merit-based aid goes to students based on their academic and/or extracurricular achievements rather than their financial need. Scholarships are the most common type of merit-based aid. Students may receive scholarships from nonprofit organizations, private businesses, and colleges and universities.

hope it helps you and give me a brainliest

7 0

2 years ago

Read 2 more answers

Anton feels he needs to continue his relationship with his wife because if they broke up, it would be very costly for him financ

never [62]

Anton feels he needs to continue his relationship with his wife because if they broke up, it would be very costly for him financially and damage his business. Anton is showing Constraint commitment.

The desire to be together in the future—to have a lengthy time horizon for a relationship—is a key component of commitment.

Long-term relationship commitment has a significant impact on people's relationship behaviors, encouraging them to act in the couple's best interests rather than their own immediate self-interest.

One of the major advantages of taking a long-term perspective in partnerships like marriage is that the connection is assessed based on a longer time frame rather than just what is happening right now.

A here-and-now perspective would place a lot of pressure on the present exchange of positives and negatives as the basis for judging the relationship because few relationships are consistently gratifying.

To learn more about Constraint Commitment here

brainly.com/question/17156848

#SPJ4

7 0

2 years ago

4. (10 points). Prezas Company's balance sheet showed total current assets of $4,250, all of which were required in operations.

dsp73

Answer: $3,025

Explanation:

The Net Working Capital is used to find out if the company is able to use its current assets to cater for it's Current Liabilities and as such is calculated by subtracting Current Assets from Current Liabilities.

= Current Assets - Current Liabilities

Current Liabilities = 975 + 250

= $1,225

The interest bearing funds are not included when Calculating Net Working Cap.

Net Working Capital = 4,250 - 1,225

= $3,025

6 0

3 years ago

A product sells for $205 per unit, and its variable costs are 60% of sales. The fixed costs are $464,000. What is the break-even

Tresset [83]

Answer: $1,160,000

Explanation: The Break even point depicts the amount of sales by making which the company will be at no profit or no loss situation. It can be computed using following formula :-

$Breakeven\:point=\frac{Fixed\:cost}{contribution\:margin\:ratio}$

where,

contribution margin = 1 - variable cost ratio

= 1 - 0.6

= 0.4

so, putting the values into equation we get :-

$Breakeven\:point=\frac{\$464,000}{0.4}$

= $1,160,000

3 0

3 years ago