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4 years ago

What is risk pooling???

1 answer:

7 0

A risk pool is one of the forms of risk management mostly practiced by insurance companies. Under this system, insurance companies come together to form a pool, which can provide protection to insurance companies against catastrophic risks such as floods, earthquakes etc.

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Richard, an engineer, supervises the construction of a new mountainside roadway. When the road collapses in a landslide due to f

vredina [299]

Answer: Other Engineers

Explanation:

Richard can be sued by motorist in the event of the collapse of the road which he supervised construction, and the case would be considered with the already established engineering standards. The engineer standard directs that during construction or fabrication in engineering, the engineer should give little or no allowance for failure, because failure can lead to serious injuries or loss of life.

7 0

4 years ago

kentucky licensee giana manages three star realty’s main office. she’s in charge of training and mentoring the firm’s staff. wha

densk [106]

Giana who is in charge of training and mentoring the firm’s staff is a:

Principal Broker

<h3>Who is a Principal Broker?</h3>

A principal broker is found in many real estate offices. The role of these brokers is to ensure that all the staff and their methods of engagement are in agreement with the proscribed laws of the nation and state.

Since Giana has to train and mentor the firm's staff to conform to agreed standards, she can be referred to as a Principal Broker.

Learn more about Principal Brokers here:

brainly.com/question/14957025

#SPJ12

7 0

2 years ago

A bank loans money at an annual rate of 20 percent. Interest is compounded daily. What is the actual rate the bank is charging?

NeX [460]

Answer:

22.13%

Explanation:

The effective annual rate formula below can be used to determine the actual rate charged by the bank as follows:

Effective annual rate=(1+APR/n)^n-1

APR=20%

n=number of times interest is computed yearly=365

Effective annual rate=(1+20%/365)^365-1

Effective annual rate=1.221335858 -1

Effective annual rate=22.13%

The actual rate of interest on bank loan is 22.13%

8 0

3 years ago

Kirkland sells season tickets for six events at a price of $48. For the 2013 season, 2,700 season tickets were sold.

alexira [117]

Answer:

a. Assets = Liabilities + Stockholders' Equity = $129,600

b. Debit Unearned ticket revenue for $129,600, and Credit Total revenue for $129,600.

c. It would be classified as an Unearned ticket revenue under the Current Liabilities on the balance sheet.

Explanation:

a. Use the horizontal model to show the effect of the sale of the season tickets. (Enter decreases to account balances with a minus sign.)

Note: See the attached excel file for the horizontal model showing the effect of the sale of the season tickets.

In the attached excel file, the following calculation is done:

Cash = Unearned ticket revenue = Price per season ticket * Number of season tickets sold = $48 * 2,700 = $129,600

Since Stockholders' Equity is equal to zero in the attached excel file, we have:

Assets = Liabilities + Stockholders' Equity = $129,600

b. Use the horizontal model (or write the journal entry) to show the effect of presenting an event.

The journal entry will look as follows:

General Journal Debit ($) Credit ($)

Unearned ticket revenue 129,600

Total revenue 129,600

(To record the effect of presenting an event.)

c. Where on the balance sheet would the account balance representing funds received for performances not yet presented be classified?

It would be classified as an Unearned ticket revenue under the Current Liabilities on the balance sheet.

Download xlsx

4 0

3 years ago

Haskins Textile Co. manufactures a variety of fabrics. All materials are introduced at the beginning of production; conversion c

aliya0001 [1]

Answer:

D. 13,000.

Explanation:

The computation of the equivalent units of direct materials for April month is given below

= Number of units completed + ending units remained in production × completion percentage

= 9,000 units + 4,000 units × 100%

= 9,000 units + 4,000 units

= 13,000 units

All the other information that is mentioned is not relevant. Hence ignored it

5 0

3 years ago