Answer:

Replacing the values that we have:

And solving for a we got:

So then the premium value for the insurance on this case should be 1840 dollars.
Explanation:
For this case we can define the random variable X as the gain ( in thousand of dollars) of insurance company
We assume that the premium clase charge and amount of a to the company and we know from the info given that:


represent the expected gain in thousand of dollars
The expected value of a random variable X is the n-th moment about zero of a probability density function f(x) if X is continuous, or the weighted average for a discrete probability distribution, if X is discrete.
And using the definition for a discrete random variable we know that :

Replacing the values that we have:

And solving for a we got:

So then the premium value for the insurance on this case should be 1840 dollars.
Answer:
A) Comparability.
Explanation:
According to FASB, the objective of financial reporting is to provide information that is useful to existing and potential investors or creditors. One of the main uses given to financial reports is comparing one business to another. In order for the reports to be comparable, they must follow strict standards and be properly prepared.
If the reports aren't comparable, they use is extremely limited, since how else can you decide if investing in company A is a better idea than investing in company B. Comparability applies even to the same company, since you must be able to compare the financial results of different years in order to evaluate the performance of the company.
Answer:
1, supply, depreciate
Explanation:
If Net Capital Outflow increases, the supply of dollars in the Foreign Currency Exchange Market will increase, causing the real exchange rate to depreciate
Answer:
$570,000
Explanation:
At the time of recording of the fixed assets, the fixed assets should be reported at purchase cost or historical price or originally cost or acquiring cost, whether all other values are given i.e appraisal value, the seller purchased value, similar warehouse book value, etc
So, in the given case, it would be recorded at $570,000 as the buyer purchase the building at this cost only.
According to the quote by Alice Rivlin, if you have a rudimentary working knowledge of economic concepts, you will be, Division of labor is a characteristic.
Division of labour, is the separation of a work manner into some of the duties, with each mission accomplished with the aid of a separate character or institution of humans. Its miles are most often carried out to systems of mass production and is one of the fundamental organizing standards of the assembly line.
A totally basic instance of a division of labor can be seen in food gathering. In early societies, guys would be the hunters, and girls and kids might put together the food and acquire berries. The concept changed in that it became a very simple department of labor to enable the quality use of different skill units.
The division of exertions will increase production and makes it greener by means of dividing the separate duties of creating an item among different people and thereby simplifying the job anybody should perform.
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