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Nutka1998 [239]
3 years ago
13

what is the accounting measurement of an insurance company's future obligations to its policy owners?

Business
1 answer:
zvonat [6]3 years ago
8 0

Answer:

provisions / accruals

Explanation:

see above in the answer, both mean basically the same but in insurance terms accrual is more correct

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Candle in the Wind is a store for people who enjoy and collect candles to decorate their homes. Last year, its net sales totaled
melisa1 [442]

Answer:

$15,700

Explanation:

The computation of the net profit after taxes is shown below:

Sales revenue                                    $125,000

Less: Cost of goods sold -                -$42,300

Gross profit                                         $82,700

Less: Operating expenses

One time part assistant       $52,000  

Administrative expenses     $400

Utilities expenses                 $900

Total operating expenses                 -$53,300

Net Profit before tax                          $29,400

Less: income tax expense                -$13,700

Net profit after tax                             $15,700

3 0
4 years ago
Suppose that the u.s. government doubles its spending on health care. the _____ curve shifts _____, output _____, and prices ___
denpristay [2]

The <u>aggregate demand</u> curve shifts <u>right</u>, output <u>increases</u>, and prices <u>increase</u> when the U.S. government doubles its spending on health care.

Aggregate demand or AD refers to the total demand for all individual goods and services.

The aggregate demand and supply for an economy can be depicted by a schedule, a curve, or even an algebraic equation. Just like the demand and supply for individual goods and services.

The total quantity of all goods and services that the economy demands at various price levels is illustrated by the aggregate demand curve.

Therefore, if the U.S. government doubles its health care spending, the aggregate demand curve shifts right, output rises, and prices rise.

Know what happens when there's equilibrium or when supply and demand meet: brainly.com/question/1342403

#SPJ4

8 0
2 years ago
A firm produces and sells two products, Mica and Plax. The following information is available relating to setup costs (a part of
LenaWriter [7]

Answer:

The amount of set-up cost allocated to each product:

Plus = <u>$2,250 x 19 set-ups</u>

                380 units

        = $112.50 per unit

Max = <u>$2,250 x 37 set-ups</u>

                 18,500 units

       = $4.50 per unit

The correct answer is D

Explanation:

In order to obtain the amount of set-up allocated to each unit of Plus and Max, there is need to multiply the set-up cost per unit by the number of set-up for each product divided by number of each unit produced.

7 0
3 years ago
Where can I find a bomber winter jacket In flushing
ollegr [7]
I would try Amazon or Ebay.

Is this a school question?
7 0
3 years ago
Read 2 more answers
The study of modern management began in the late nineteenth century with the _______ and is centered around scientific managemen
ololo11 [35]

Answer:

the classical perspective

Explanation:

The term that is being described in this question is known as the classical perspective. This perspective revolves around the aspects mentioned with focus on efficiency, productivity, and output of employees in order to make sure the organization is operating as efficiently as possible as a whole entity. This completely excludes the human or behavioral attributes of the underlying employees.

3 0
4 years ago
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