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3 years ago

An insurance company is

Business

1 answer:

SVEN [57.7K]3 years ago

5 0

Answer:

a financial intermediary b/c they take premiums and use them to purchase financial securities

Explanation:

A business that provides coverage, in the form of compensation resulting from loss, damages, injury, treatment or hardship in exchange for premium payments. The company calculates the risk of occurrence then determines the cost to replace (pay for) the loss to determine the premium amount.

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North American Van Lines and Allied Van Lines combined in a _____ merger that will create the world's largest moving company. Pr

8_murik_8 [283]

Based on the type of customers that both companies served, this is a <u>horizontal merger. </u>

<h3>What is a horizontal merger?</h3>

This refers to a situation where companies in the same industry but with different market targets combine.
This is often done to increase market share and efficiency.

North American Van Lines and Allied Van Lines targeted different customers so when they merged, this was a horizontal merger.

Find out more on horizontal mergers at brainly.com/question/1807854.

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3 years ago

Why might an improvement team consider collecting balancing measures?

Tanzania [10]

The reason an improvement team would consider collecting balancing measures is "to make sure they didn't unintentionally introduce undesired changes."

This is based on the idea that is balancing measures are information gathered that reveals the details of a health system to make sure an improvement in one aspect is not having adverse effects in another area.

The purpose of an improvement team is to make sure there is a true and right improvement that has no negative effect in any way.

Hence, in this case, it is concluded that the role of the improvement team is vital health care system.

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3 years ago

The profit and loss statement of Kitsch Ltd., an S corporation, shows $100,000 book income. Kitsch is owned equally by four shar

postnew [5]

Answer:

$82000
$20500
$750
Not taxable

Explanation:

with the information provided

A) how the entity's non separately stated income is $82000

to calculate the non separately stated income

(Total long term stated income) - (total short term stated income)

long term stated income

book value = $100000

long term capital loss/gain = $6000

book value + long term capital loss = $106000 ( total long term stated income )

short term stated income

tax exempt = $3000

dividends = $9000

1231 gain = $7000

net passive income = $5000

total short term stated income = 3000 + 9000 + 7000 + 5000 = $24000

hence non separately stated income = $106000 - $24000 = $82000

B) To show how one of he kitsch shareholder is bearing $205000 income or loss

Number of shareholder = 4

non separately stated income = $82000

non separately stated income / number of shareholder = 82000 / 4 =$20500

Tax exempt income = $3000

number of share holders = 4

hence Billings' share of tax exempt interest income = tax exempt income / number of share holders

= $3000 / 4 = $750

Billings income is not taxable this year because his taxable income this year is $20500

3 0

3 years ago

Read 2 more answers

If a unionized company has a(n) ______ shop, the workers do not have to join the union, and they do not pay dues or fees to the

ruslelena [56]

If a unionized company has a(n)<u> open </u>shop, the workers do not have to join the union, and they do not pay dues or fees to the union.

A unionized workplace is a process by which a company's employees are organized into trade unions, which act as intermediaries between employees and managers. In most cases, a majority vote of workers is required to approve a union.

An organized workplace is a stable workplace. Unionized workers typically enjoy more secure employment than non-union workers and often receive more favorable compensation and benefits packages. As a result, union members may be reluctant to leave the company for other opportunities, especially to move to a non-union environment.

Unionized workplaces have unions. A union is an organized group of workers, usually led by a union leader. The union is affiliated with the Confederation of Trade Unions of America, which oversees and supports union activity in a variety of industries, including education, manufacturing, skilled labor, and entertainment.

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2 years ago

Gideon Company uses the direct write-off method of accounting for uncollectible accounts. On May 3, the Gideon Company wrote off

zloy xaker [14]

Answer and Explanation:

The Journal entry is shown below:-

Bad debts expense Dr, $2,000

To Accounts receivable-Hopkins $2,000

(Being write off is recorded)

Here we debited the bad debt expenses as it increased the expenses and we credited the accounts receivable as it reduced the assets so that the proper posting could be done

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3 years ago