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professor190 [17]
3 years ago
13

Gayle is talking with her insurance broker and is comparing prices with the broker, who shows her that Company A can sell her in

surance that will cost her a certain amount, and Company B has a higher premium but the deductible would be lower. Right now, they are talking about Company C and seeing what they offer. It sounds as though her broker is most likely _____.
Business
1 answer:
kipiarov [429]3 years ago
7 0

Answer: Independent insurance agent

Explanation:

An independent agent is sometimes called an insurance sales agent. An independent insurance agent is an insurance agent who sells insurance policies that are provided by different insurance companies.

An independent insurance agent gets commissions for the insurance policies that are sold. The higher the number of clients they serve, the higher the money they make. Independent insurance agents are not considered to be an employee of a particular insurance company

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bekas [8.4K]

Answer:

Avoid late fees and penalty APRs by making your payments on time and paying at least the minimum amount. ...

Pay off credit card balances in full before the end of your billing cycle. ...

Shop around for lower rates and fees. ...

Put more money down.

5 0
3 years ago
Read 2 more answers
Tanner-UNF Corporation acquired as a long-term investment $240million of 6% bonds, dated July 1, on July 1, 2018. The marketinte
horrorfan [7]

Answer:

Journal Entry

01 July Debit Investment $240 million Credit Bank $200 million Credit Discount on investment $40 million

31 Dec Debit Bank $7,2 Million Debit Discount on Bond $0.8 million Credit Interest Income $8 million

Debit Fair Value loss on investment $30 million Credit Investment $30 million

Explanation:

Interest is received semiannually

6%/2 = 3%

interest = $240 million * 3% =7,200,000

8%/2 = 4%

Interest market $200 million * 4% =8,000,000

Fair value loss = 240 million - 210 million

                        = 30 million loss because cost is greater than fair value

8 0
3 years ago
The ledger of Mai Company includes the following accounts with normal balances as of December 31: Common Stock $9,000; Dividends
Molodets [167]

Answer:

Dec 31 Dr Service Revenue 13,000

Cr Income Summary 13,000

Dec 31 Dr Income Summary 10,000

Cr Wages Expense 8,400

Cr Rent Expense 1,600

Dec 31 Dr Income Summary 3,000

(13,000-10,000)

Cr Retained Earnings 3,000

Dec 31 Dr Retained Earnings 800

Cr Dividends 800

Explanation:

Preparation of its December 31 closing entries.

Dec 31 Dr Service Revenue 13,000

Cr Income Summary 13,000

(Being to close revenue account)

Dec 31 Dr Income Summary 10,000

(8,400+1,600)

Cr Wages Expense 8,400

Cr Rent Expense 1,600

(Being to close expense account)

Dec 31 Dr Income Summary 3,000

(13,000-10,000)

Cr Retained Earnings 3,000

(Being to close net income/loss)

Dec 31 Dr Retained Earnings 800

Cr Dividends 800

(Being to close dividends)

4 0
3 years ago
The second step in the regulation process of human resource management in the united states is the:
kondaur [170]
The second step is the enforcement of the regulation.
Usually, the justice department in untied states will provide several workers from various agencies to make sure that the regulations created is being done.
These workers usually will be given a certain amount of power, such as giving warnings/punishment to the employers that is dare to break the rules.
3 0
3 years ago
What economic concept is applied in this statement?
VMariaS [17]
Positive externality

8 0
3 years ago
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