<span>A life insurance
policy can either be a participating policy where the policy pays the dividend
or it can be a nonparticipating policy where the policy has guaranteed premiums. About 95% of the U.S. life insurance
companies are stock companies.</span>
Answer:
Option A. Competitors, a single
Since horizontal integration is the process of acquiring and merging with <u>Competitors</u>, it is the type of corporate strategy that can improve a firm's strategic position in <u>a Single</u> industry/industries.
Explanation:
In a horizontal integration, the company acquires or merges its business with the competitor in same line of business to control the competition and market decisions. This helps the company to take most of the control of the single industry by increasing its bargaining price due to access to wider number of resources and product knowledge which enables the group to manufacture a differentiated product.
Hence the option A is correct.
Answer:
Economic profit for the year is
Explanation:
The accounting profit will be Revenue - expenses (150,000-35,000) $ 115,000. However this problem requires us to calculate economic profit. Economic profit is different from accounting profit. While calculating it opportunity costs also become part of expenses as implicit costs. Detail calculation is given below.
Economic profit = 150,000 -35,000-20,000 = $ 95,000
If the NCUA charges 6.3 cents per 100 dollars insured and credit union l pays $8,445 in NCUA insurance premiums is option b 5.3 million dollars.
<h3>By insurance, what do you mean?</h3>
Insurance is a tool for risk management. You purchase protection against unforeseen financial losses when you purchase insurance. If something unfavorable occurs, the insurance provider compensates you or a different person of your choosing. If you don't have insurance and an accident occurs, you can be liable for all expenses.
<h3>What advantages does insurance offer?</h3>
Insurance serves as a financial safety net to help you and your loved ones recover in the event of a tragedy, such as a fire, theft, legal action, or car accident. When you get insurance, you will receive an insurance policy, which is a contract that is legally enforceable between you and your insurance company.
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