Answer: Share
Explanation:
According to the given scenario, the berry hill is one of the type of insurance company that basically decided to sharing the risk for paying the flood claims by increase the rate of of the insurance in the southern state.
The various types of companies or insurance based organization are effectively determining their risk by calculating the actual premium rate of the policy holder partner.
The risk sharing is one of the process in which the both the factor such as profit or loss are get share between the partners or any policy holder member in the company on the basis of the pre-determine formula.
Therefore, Share is the correct answer.
Answer:
<h2>The answer in this case would be option A) from the answer lists or options of retrieval cue.</h2>
Explanation:
- In general,retrieval cue involves an information retrieval process or mechanism which is primarily triggered by any identical previous memory or certain symbol/s which has been encountered by the brain previously.
- Hence,based on retrieval cue,an individual can basically recall or register something based on a specific memory of any sign or symbol that is somehow related to the concerned object or thing that the individual is trying to remember.
- In this case,seeing an Apple or Macintosh or Marlboro Man basically triggers certain memory/s associated with specific aspects or features of these brand that can enable them to remember and consider these brand while undertaking any purchasing decision/s.
Answer:
Business format franchising.
Explanation:
Business format franchising is a type of business arrangement in which a franchisor confers the right to a franchisee to sell their goods and services. A franchisor provides support which enables the franchisee to function independently.
A major advantage of this type of business arrangement is that it enables the business to expand to different location. Franchising enables a business to maximise profit which would lead to the overall growth of the organisation.
Answer:
Journal entry
Date General Journal Debit$ Credit$
Oct 31 Cash 10000
Notes payable 10000
Dec 1 Account receivable 900
Service revenue 900
Dec 31 Interest expense 100
(10000*6%*2/12)
Interest payable 100
Interest receivable 9
(900*12%*1/12)
Interest revenue 9
June 1 Cash 954
Notes receivable 900
Interest receivable 9
Interest revenue 45
June 30 Notes payable 10000
Interest payable 100
Interest expense 300
Cash 10400
Answer:
$337,975
Explanation:
The computation of operating cash flow is shown below:-
Sales $1,585,500
2100 × $755
Less: Variable cost $546,000
2,100 × $260
Less: Fixed cost $589,000
Less: Depreciation $129,000
Earning before tax $321,500
Tax at 35% $112,525
EAT $208,975
Add: Depreciation $129,000
Operating cash flow $337,975
Therefore the operating cash flow is $337,975
