Answer:
Fink's revenue from insurance premiums for the current year is: $13,500,000
Explanation:
Insurance premiums recognised for the current year -
Insurance collected + Beginning Deferred premiums account - Ending Deferred premiums account
= $ 17,900,000 + 4,000,000 - 8,400,000 = $13,500,000
Answer:
1.88% and $1,339
Explanation:
The computation of the amount of change revenue is shown below:-
Amount of change revenue = Recent year - prior year
= $72,618 - $71,279
= $1,339
Percentage of change revenue = (Recent year - prior year) ÷ Prior years
= ($72,618 - $71,279) ÷ $71,279
= $1,339 ÷ $71,279
= 1.88%
We simply applied the above formulas
Answer: A) global approach; local approach
Explanation: An organizational structure of a firm is defined as a system that is employed to define hierarchy or ranking within the organization. It helps identifies each job, its function, where it reports to within the organization as well as superiority between employees based on their status, authority or some other trait. A structure when developed aims to establish how the organization operates to execute its goals.
While a global organizational structure is the way a company aims to merge local preferences with global strategy and also integrates activities on a coordinated worldwide basis, the local approach to organizational structure differentiates activities in each country served wherein the organization exists.
Answer:
Household budget for someone aged 25 to 30 is given below.
Explanation:
Income $1,200
Particulars Budget Amount Actual Expense Difference
House Rent $300 $300 0
Utility Bills $85 $93 -8
Groceries $195 $175 20
Clothing expense $50 $78 -28
Entertainment $20 $55 -35
Laundry $5 $6 -1
Study material $10 $25 -15
<span>This is false. In fact, in the circular flow model, it is the exact opposite for firms. These businesses supply products to the people buying them and demand resources (i.e., land, labor, capital) as a way of creating these products for the consumers.</span>
