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puteri [66]
3 years ago
14

An insurance company’s projected loss ratio is 77.5 percent, and its expense ratio is 23.9 percent. It estimates that dividends

to policyholders will add another 5 percent. What is the minimum yield on investments required in order to maintain a positive operating ratio? (LG 15-6)
Business
1 answer:
Elanso [62]3 years ago
6 0

Answer:

6.4%

Explanation:

For computing the minimum yield on investment, first we have to find out the combined ratio which is shown below:

= Projected loss percentage + expense ratio + dividend percentage

= 77.5% + 23.9% + 5%

= 106.4%

So, the minimum yield on investment required is

= 106.4% - 100%

= 6.4%

The 100% is the percentage value

We simply applied the above formula

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Which of the following is consistent with the law of​ supply? A. The state of Washington has less apple regulation than Californ
GuDViN [60]

Answer:

D) A doubling of the price of salt led to 5 percent drop in the quantity of salt purchased.

Explanation:

Law of supply in economics says that when the price increases the supply too increases if other factors is is constant.

Therefore, among the given options the only option that is consistent with the law of​ supply is "A doubling of the price of salt led to a 5 percent drop in the quantity of salt purchased"

4 0
3 years ago
Sabv Corporation's break-even-point in sales is $840,000, and its variable expenses are 75% of sales. If the company lost $34,00
zhuklara [117]

Answer:sales must have amounted to:$704,000

Explanation:

Contribution ratio = Sales ratio - Variable cost ratio

= 100%- 75%

=25%

Sales to break even = Fixed expenses / Contribution margin ratio

Therefore,

 Fixed expenses = Sales to break even   x  Contribution margin ratio

=$840,000 x 25%

=$210,000

Contribution margin can also be calculated as

Fixed expenses- Operating loss

=$210,000 -$34,000

=$176,000

Sales = Contribution margin/ Contribution ratio

= $176,000/25% =$704,000

5 0
2 years ago
A(n) _____ refers to a situation where a publicly traded company is purchased and then taken off the stock market.
dalvyx [7]
Leveraged buyout/////////////////
4 0
3 years ago
As a marketing manager for Kitch-It-Tools, Jim is frustrated with the way his organization markets their kitchen utensils. Curre
Rashid [163]

Answer:

C. Mass Marketing

Explanation:Mass Marketing is a type of marketing where the target is to get the connect with a large number of customers or consumers as possible. Mass Marketing is done through mass media and other marketing channels to ensure that the greatest number of persons are reached to guarantee that the company sale a larger Volume of products or services, this type of marketing has been adopted by many multinational companies.

6 0
3 years ago
Juan purchased a property for $420,000 and financed $336,000 of it. The assessed value of the property is $387,000. The property
liq [111]

When it comes to calculating property tax, the most relevant amount is the assessed value of <u>$387,000.</u>

When calculating property tax, the useful figures are:

  • The assessed value of the house
  • The Property tax rate

This assessment is arrived at in various ways but once it is arrived at, it is then multiplied by a figure known as the mill levy and the result will be the property tax.

In conclusion, the assessed value is most useful.

<em>Find out more at brainly.com/question/19643657. </em>

3 0
3 years ago
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