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
FrozenT [24]
3 years ago
8

Is insurance judgment rating based on

Business
1 answer:
Savatey [412]3 years ago
3 0

Answer:

A judgement rating is an insurance rate that an underwriter assigns to a particular risk based on their subjective evaluation of that risk. Judgement ratings are frequently done on an individual basis and rely heavily on the experience, perception, and talent of the underwriter who makes the final evaluation.

You might be interested in
A company investing borrowed funds expects to earn a return greater than the interest it will pay for the use of funds is using
Naddika [18.5K]

Answer:

Financial leverage

Explanation:

Financial leverage is defined as the use of borrowed funds to perform a business activity or investment that is expected to have higher returns than the cost of borrowing the money (interest).

When a company is looking for funds for its activities there are 3 options they can use: equity, debt, or lease.

Use of equity is the only option where no extra cost is incurred for use of funds.

When using debt or lease cost of use is incurred. The business will need to engage in an activity that will give it revenue above cost of debt.

This practice is called use of financial leverage.

3 0
3 years ago
Harley-Davidson motorcycle owners, who pay a price premium for their motorbikes, have formed the Harley Owners Group (HOGs), who
Elan Coil [88]

Answer:

A) Functional and social value

Explanation:

Seeing the benefit that customers attribute to products is a marketing strategy to optimize sales and establish a brand that customers identify with. In this case, motorcyclists experience functional benefit and social benefit.

The functional benefit concerns the essential characteristics of the product, such as physical characteristics that please the consumer (eg the motorcycle scooter design). The social benefit is associated with the pleasure that the customer gets when purchasing the product. This is an individual benefit for each consumer, however, is an extrinsic advantage attributed to the product. For example, the status that the motorcycle brings to its owner.

5 0
2 years ago
he following production data were taken from the records of the Finishing Department for July: Inventory in process, July 1, 30%
natita [175]

Answer:

The total equivalent units for conversion costs is 40,600.

Explanation:

Under the first-in, first-out method, units that were incomplete for last year are the first to be completed, followed by units started during the year.

<u>Calculation of the total equivalent units for conversion costs :</u>

To Finish Opening Work In Process (5,000 × 70%) =   3,500

Started and Completed ((40,500 - 5,000) × 100 %) = 35,500

Closing Work In Process ( 4,000 × 40%)                  =    1,600

Total equivalent units for conversion costs             = 40,600

Conclusion :

The total equivalent units for conversion costs is 40,600.

5 0
3 years ago
How do you know if you are eligible to open and make contributions to a Roth IRA?
Whitepunk [10]

Answer:

The correct answer is letter "B":You have to earn below a certain amount to make contributions .

Explanation:

A Roth Individual Retirement Account (IRA) is the type of retirement account where contributions grow tax-free and allows individuals to withdraw funds under certain conditions. <em>People are eligible to open a Roth IRA as long as their income is less than $139,000 for singles and $206,000 for married couples- </em>information that applies for the year 2020.

7 0
2 years ago
When most consumers who would buy a product are either repeat purchasers of the item or have tried and abandoned it, what stage
fiasKO [112]

Answer:

Promotional expenses are those expenses that a company bears to make its product more aware to the consumers. Maturity stage of product life cycle means the product has already been accepted wide spread and is at its peak in respect of sales but will eventually slow down in growth.

Therefore, promotional activities at the maturity stage are done by companies so that the existing customers would not shift their demand to any of other substitute product.

Explanation:

5 0
2 years ago
Other questions:
  • $1800 per quarter for 7 years. How much did she have at the end of the seventh year if the interest rate is12% per year compound
    15·1 answer
  • Bank overdrafts, if material, should bea. reported as a current liability.b. reported as a deduction from the current asset sect
    5·1 answer
  • The space on freeway is fixed at any instant of time. A supply curve that shows this is
    14·1 answer
  • The sequencing of activities is often based upon dependencies between the activities. The dependencies that should guide activit
    11·1 answer
  • Colin wants to set up an aquarium.. He already has a tank, but needs to purchase fish, filters, and plants. If the cost of the f
    14·1 answer
  • Give three examples of behavior that you believe is unethical that you have observed in school
    8·1 answer
  • Suenette plans to save $600 at the end of Year 1, $800 at the end of Year 2, and $1,000 at the end of Year 3. If she earns 3.4 p
    15·1 answer
  • What must a dental assistant have in order to take dental X-rays
    7·2 answers
  • HELP IM TIMED!!!!!!!!!
    11·1 answer
  • Perfectly competitive firms will: increase output up to the point that the marginal revenue of an additional unit of output is e
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!