1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
babymother [125]
3 years ago
8

XYZ Insurance Company uses class rating to determine the rate to charge for insurance. For one type of insurance, the pure premi

um XYZ actuaries calculated is $75 per unit. If XYZ's expense ratio is 25 percent, what is the gross rate for this coverage?
Business
1 answer:
hichkok12 [17]3 years ago
6 0

Answer:

$100

Explanation:

Insurance coverage is the sum of expenses paid and the premium paid on these expenses.Total coverage is the calculated by adding the premium and expense. In this question premium is the $75 and the expense ratio is 25%.

As we know

Coverage = Premium + Expense

Coverage = 75% + 25%

So, based on above equation we can calculated the expense as follow

Expense = $75 x 25% / 75% = $25

Coverage = $75 + $25 = $1,00

You might be interested in
What are the main purposes of a budget
Snezhnost [94]
Following a budget will help you keep you out of debt if you are currently in debt.
4 0
3 years ago
Which type of business is likely to have purchasing activities related primarily to consumable goods rather than products that w
lilavasa [31]

Answer:

service-oriented business

Explanation:

Ape.x verified

5 0
2 years ago
In which systems development life cycle do model developers use a model to generate functional requirements and physical design
Sergio [31]

The systems development life cycle in which model developers use a model to generate functional requirements and physical design specifications simultaneously is:

  • Prototyping life cycle

<h3>What is a Model?</h3>

This is a prototype which is used to represent a real thing to show the real life scenarios and applications on a much smaller scale.

With this in mind, we can see that in the prototyping life cycle, the model developers make functional requirements simultaneously to find out how the physical design specifications would look like.

Read more about life cycle here:
brainly.com/question/25754149

6 0
2 years ago
Kodak is a company name associated with photography. The company has recognized that digital photography is a threat to the futu
Ksivusya [100]

Answer:

The correct answer to the following question will be Option B (design competition).

Explanation:

  • Design competition seems to be a platform that allows participants to overcome a problem domain as well as compete against someone else, mostly their colleagues, to obtain an honor or perhaps a construction project.
  • In comparison to the greatest design, arts as well as architecture blogs around the world, A' Design Recognition and Competition distributes every information throughout the design internet networks.

Some other available options have no connection with the given scenario. So choice B seems to be the right answer to that.

5 0
3 years ago
Which of the following characteristics describe Millennial employees, in general?
insens350 [35]

Answer:

B. Globally conscious.

Explanation:

Millenials are the generation of people born in the 80s and 2000s, and represent people who were born at a time when technology and the internet were strengthened, which caused a revolution in the form of social interactions around the world.

The internet revolutionized business, due to the speed in the exchange of information, it was possible for business to expand and integrate, which generated globalization, which is the interaction of businesses between countries in search of competitive and strategic advantages in the global market.

Therefore, it is correct to say that the generation of millennials are more globally aware employees, due to the fact that they have grown up in a cultural and social environment marked by the use of the internet and the availability of information, which makes them more aware about business. global interactions, multicultural interactions and more possibilities to understand the market and contribute to its development.

7 0
3 years ago
Other questions:
  • Honestly guys, there is a lot of plagiarizing going on now. Taking someone else’s words off the internet and making it into your
    9·1 answer
  • Which of the following statements is correct? a. A security's beta measures its diversifiable (firm-specific) risk relative to t
    14·1 answer
  • For each of the following, state whether the events created are mutually exclusive and whether they are collectively exhaustive.
    6·1 answer
  • How can being part of an organization help you get a job?
    13·1 answer
  • An insurance policy sells for ​$1200. Based on past​ data, an average of 1 in 100 policyholders will file a ​$10 comma 000 ​clai
    5·1 answer
  • The following account balances were taken from the 2021 post-closing trial balance of the Bowler Corporation: cash, $9,500; acco
    7·1 answer
  • Vanishing Games Corporation (VGC) operates a massively multiplayer online game, charging players a monthly subscription of $10.
    11·1 answer
  • Culler Construction Company agreed with the City of Orange Key to build a road. The project was to begin on December 1. One week
    14·1 answer
  • What is the name of the document that companies use to report quarterly financial results?.
    5·1 answer
  • A new pair of sneakers costs $70 now. what is the cost of the shoes 5 years from now if the price increases 8% per year?
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!