Who agrees to pay for certain types of losses in exchange for payments on a policy?
An insurer. An insurer is someone representing a company that is insuring someone else. When you are insured, you are paying for a policy and if you need to file a claim against your policy, the insurer will pay out the loss.
Answer:
a. money demand falls, so the interest rate rises.
Explanation:
As Real GDP declines means decline in overall demand that will lead to lower money demand , so as demand is lower for money the interest rate should decline. This is the expected behaviour of the economy.
Answer:
A Assets and liabilities
Explanation:
Since the sole trader takes the loan of £5,000 from the bank that means the cash is increased because the receipts is received and the loan is also increased as the liability is created
So as per the given situation, both the assets and the liabilities are increased
Therefore the option a is correct and the same should be relevant
Answer:
A. $48 comma 000 $48,000
Explanation:
The total dividend to be declared in 2016 = Preference dividend outstanding + common stock holder dividend.
Burkert company has not declared any preference dividend in 2014 and 2015. The preference dividends are cumulative and the company has to pay prior years dividends also. The annual preference dividend amounts $16,000 (4,000 shares * $100 par value * 4% preferred stock)
The cumulative preference dividend for 3 years 2014, 2015 and 2016 will be $16,000 * 3 years = $48,000
The common stock dividend that a company must declare in order for every shareholder to receive atleast $1 is $50,000.
