Answer:
The correct answer is letter "A": efficiency and quality.
Explanation:
Efficiency and quality were the main focuses to drive companies to the maximization of productivity during the 20th century. This movement was spread among the U.S. and Britain based on the idea that all organizations' efforts should be driven to eliminate corporate waste and inefficiency.
One of the most recognized characters of this idea was American economist Frederick Winslow Taylor (1856-1915) father of "<em>Scientific Management</em>" who looked for increasing productivity by increasing employee prosperity.
Answer:
INCOME STATEMENT
Net sales $710
Cost of goods sold ($585)
Selling, gen & admin expenses ($39
)
Depreciation <u> ($13) </u>
EBIT $73
Interest expense <u> ($26
)</u>
Taxable income $47
Taxes <u> ($16
) </u>
Net income <u> $31 </u>
Balance Sheet
Property, plant, and equipment $525
Less accumulated depreciation <u>($121)</u>
Net fixed assets $404
Inventories $51
Cash $16
Receivables <u>$40
</u>
Total current assets <u>$107 </u>
Total Assets <u>$511</u>
Shareholders’ equity $94
Long-term debt $355
Payable $36
Debt due for repayment <u>$26
</u>
Total current liabilities <u>$62</u>
Total liabilities <u> $417 </u>
Total liabilities & shareholders’ equity <u>$511</u>
Explanation:
Sales and Expenses balances are included in Income statement. Assets, Equity and Liabilities balances are included in the balance sheet.
Answer:
$908.33
Explanation:
The computation is shown below:
Given that
Average house price in the united states = $27,358
Before 6 years, the average price is $21,908
So, the annual increase in the price is
= (Average house price in the united states - Before 6 years, the average price ) ÷ time period
= ($27,358 - $21,908) ÷ 6 years
= $908.33
Answer:
The income statement shows the income items and expense items that are earned by a company for an accounting period. The balance sheet shows assets, liabilities, and the ending balances of equity items. The statement of changes in stockholders equity shows the changes of equity accounts, such as retained earnings and common stock, from its beginning balance to its ending balance. The statement of cash flows shows the inflow and outflow of cash for an accounting period.
Explanation:
The correct answer is letter a. Activities related to selecting acceptable risks so that general insurer objectives are met. Underwriting is best described as "<span>Activities related to selecting acceptable risks so that general insurer objectives are met."</span>
Here are the choices
a. Activities related to selecting acceptable risks so that general insurer objectives are met.
b. Actuarial science
c. Production-related activities performed primarily by agents in the field
d. Process of developing pricing structures for insurance, often performed by an actuary
e. A function most often performed by adjusters
