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Dafna11 [192]
3 years ago
14

Which of the following statements is/are true? I: Both Stock and Mutual insurance companies pay dividends, Stock companies to th

eir shareholders and Mutual companies to their Board of Directors. II: Insurance marketing systems include; General Agencies, Branch offices managed by employees of the company, and Personal; Producing General Agents (PPGA's).
Business
1 answer:
ELEN [110]3 years ago
4 0

Answer:

II: Insurance marketing systems include; General Agencies, Branch offices managed by employees of the company, and Personal; Producing General Agents (PPGA's).

Explanation:

Every insurance company has branch offices that operate on different regional levels that are managed and operated by employees.

General agencies are responsible for receiving insurance applications and negotiating and negotiating contracts on behalf of the insurance company.

Producing general agents (PPGA's) is a type of insurance agent that usually provides services to more than one insurance company and whose main duty is to sell as many policies as they can.

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How do debt and self financing affect the financial statement
zalisa [80]
Debt in any form worsens the financial position of the company as it is money that the company does not really have and will eventually have to be repaid. if self financing is the same as introducing capital then this would improve the financial standing of the company as this money does not have to be repaid but is the company's to use
6 0
4 years ago
Let qa be the quantity demanded of good a, pa be the price of good a, pb be the price of good b, and m be income. let the demand
-BARSIC- [3]

Answer: Cross price elasticity is - 0.12

Explanation:

Cross price elasticity measures the responsiveness of quantity demanded of good a to a change in any of its related variable such as good b.

Qa=86-5Pa-4Pb+2M

Given,

Pa=6, Pb=3, and M=30,

Qa = 86 - 5(6) - 4(3) + 2(30)

Qa = 86 - 30 - 12 + 60

Qa=104

So, cross price elasticity is given by

e_{pb} = \frac{Change in Qa}{Change in Pb} * \frac{Pb}{Qa}

e_{pb} = -4 * \frac{3}{104}

e_{pb} = -0.1153

Since, cross price elasticity is negative it means that good a and good b are complements to each other.


4 0
4 years ago
Sales for a _________ product begin immediately after introduction because the benefits of purchase are readily understood by co
algol [13]

Answer:

low-learning

Explanation:

Low Learning product is the product whose sales immediately begin because a little learning of the product is required by consumer and the benefits from the product are readily tangible.

Their sales begin quickly due to simplicity of product. This simplicity of product allows the consumers to understand product almost right away.

Example of low-learning product which has been successful is the Red Bull Drink. Consumers understand the need of the drink and is purchased in huge amounts.

6 0
3 years ago
Which of the following is the major drawback of job sharing from management's perspective? difficulty in coordinating schedules
Debora [2.8K]

Answer:

difficulty in finding compatible partners.

Explanation:

Job sharing or work sharing is a practice in an organisation where 2 people are engaged on a part time basis to perform a task that will normally be given to one person working full time. This results in lower per employee income because all positions are shared.

For example an employer can hire two workers to work for 3 days in a week, achieve the job of a full time staff working a full week, and still turn in the finished work early.

A drawback to this arrangement will be difficulty in finding compatible partners.

4 0
3 years ago
Oscar's dog house has a profit margin of 5.6 percent, a return on assets of 12.5 percent, and an equity multiplier of 1.49. what
34kurt
The return on equity of Oscar's dog house is 18.6% (=12.5%*1.49) based on the information shown on the question above. This problem can be solved using the DuPont identity which stated as Return on Equity = profit margin * asset turnover * equity multiplier and in this problem, we do not have the asset turnover ratio. We can make a simple alteration to the formula because of Return on asset = profit margin * asset turnover. Therefore, we will find a new formula which stated as RoE = (Return on asset*equity multiplier).
3 0
4 years ago
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