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Pavlova-9 [17]
3 years ago
10

(1 point) Sam is applying for a single year life insurance policy worth $69,800.00. If the actuarial tables determine that she w

ill survive the next year with probability 0.99, what is her expected value for the life insurance policy if the premium is $393.00
Business
1 answer:
zepelin [54]3 years ago
6 0

Answer:

The expected value might go down by $308.

Explanation:

Find the expected value of life insurance if the premium is $393.00

Do (393) * (0.99) - (69800) * (0.01)

The answer will be:

(393) * (0.99) - (69800) * (0.01) = -308

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__________ is an example of a capability that is based in the functional area of distribution. Group of answer choices Effective
ICE Princess25 [194]

<u>Effective use of logistics management techniques</u> is an example of a capability that is based in the functional area of distribution.

<u>Option: C</u>

<u>Explanation:</u>

An aspect of supply chain management that is utilized to fulfill consumer expectations by planning, monitoring and enforcing the efficient transportation and storage of relevant information, goods and services from source to destination, thus understood as a logistic management.

This is accompanied by a logistics approach that is a collection of guiding principles, attitudes and driving forces that will help you manage plans, priorities and initiatives through any supply chain among different partners. It allows companies to increase performance in the supply chain while enhancing supply chain management overall.

6 0
3 years ago
True or false: the essential notion underlying strategic trade policy is imperfect competition.
DiKsa [7]
Answer: TRUE.

The essential notion underlying strategic trade policy is imperfect competition.  Strategic trade policy is also referred as Strategic trade theory that includes the policies adopted by a country to understand the outcome of strategic interaction  between various firms.
3 0
3 years ago
Omni Insurance Company violates a state licensing statute when selling an insurance policy to Petra, in whose state Omni is not
sineoko [7]

Answer:

b. enforce the policy or recover the amount of the premiums paid.

Explanation:

Petra being a a member of the class of persons protected by the statute is a big advantage. This translates to lesser or no punishments at all for defaulting the set rules and protocols of insurance in his/her state.

This means Petra can either enforce the law as a top person or recover the amount of premiums paid.

7 0
3 years ago
ABC Company just started business in August. They made the following purchases during August: August 01 300 units $1,560 total c
anastassius [24]

Answer:

Inventory= $3,240

Explanation:

Giving the following information:

They made the following purchases during August:

August 01: 300 units $1,560 total cost

August 12: 400 units 2,340 total cost

August 24: 400 units 2,520 total cost (2520/400= $6.3)

August 30: 300 units 1,980 total cost (1980/300= $6.6)

A physical count on August 31 reveals that there are 500 units on hand.

FIFO (first-in, first-out)

Inventory= 300*6.6 + 200*6.3= $3,240

8 0
3 years ago
you have your first meeting with the main client contact next week. It is very important that the meeting is productive and goes
Evgesh-ka [11]

Answer: There are many points that should be clear in the head before one has meeting with the client. Some of them are discussed here.

Explanation:

1: Objective must be very clear: The main aim or objective of the meeting should be very clear to the speaker and it should be made clear to the listener( client)

2:The meeting should not take much time: The time take by the speaker to make the client understand the facts should be less and precise. It should take much time.

3: The facts and data should be crisp and clear: The data and analysis part should be made clear before presenting it to client  to avoid any confusion during the meeting.

4: Meeting  Etiquette should be followed properly: The ground level manners and etiquette must be followed during the meeting.

8 0
3 years ago
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