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Lelechka [254]
3 years ago
10

EFG Company experienced a reduced demand for its products during a recession. EFG managers were considering laying off some work

ers when the personnel director said, "Let's not lay off these workers. If we do, our unemployment insurance premiums will increase. The state considers employment stability when determining our premium." Considering the firm's employment record when determining the rate to charge for unemployment insurance is calledA) experience rating.B) class rating.C) schedule rating.D) retrospective rating.
Business
1 answer:
Yuliya22 [10]3 years ago
7 0

Answer:

A) experience rating.

Explanation:

In Insurance, An experience rating is a rating method used by the insurance company to calculate workers' compensation insurance and to determine the amount of loss that an insured party experiences compared to the amount of loss that similar insured parties experienced.

EFG Company's managers could use it to calculate their experience modification factor i.e premiums up or down.

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From her sales income, barbara has subtracted cost of goods sold, operating expenses, interest expense, and taxes. what she has
Murrr4er [49]
The answer is net income
Net income is the amount of capital that the Company's made during an operational year after all relevant expenses have already been deducted.
Some amount of the net income will be shared to shareholders according to the percentage, and some of it will be put in company's capital to expand the operation.
6 0
3 years ago
On January 1, 2022, Austin Company received a 12-month, $100,000 note with a stated rate of 7%. On April 30, 2022, Austin discou
Olin [163]

Answer:

$101,293

Explanation:

$100,000 face amount + $7,000 interest to maturity ($100,000 x 7%) = maturity value less the discount for the time remaining to maturity of $5,707 ($107,000 x 8% x 8/12) = $101,293

8 0
2 years ago
How does business generate income?
Luden [163]

Hai!

This depends on the Type of Business.

If it is a Selling Business, they sell stuff to Earn Profit.

If its a Free Online Website/Game. They earn money by either in game purchases or Web Site purchases.  

4 0
3 years ago
The taylor rule puts _________ as much weight on closing the unemployment gap as it does on closing the inflation gap.
ella [17]

Taylor's rule puts double weight on closing the unemployment gap in comparison to the inflation gap.

<h3>What is inflation?</h3>

Inflation is the scenario where the price of goods or services is increased in such a way that results in decreasing the purchasing power of people.

The focus of Taylor's principle is to close the gap in unemployment by much double weight in contrast with the gap in inflation. It wants that the unemployment gap should be twice the inflation gap at the time of closing.

Therefore, the twice weight should be put up on unemployment as suggested by the rule of Taylor.

Learn more about Taylor in the related link:

brainly.com/question/461247

#SPJ1

8 0
2 years ago
Which of the following would best describe what would happen to the time value at the same nominal annual rate of a cash flow as
djverab [1.8K]

Answer:

A) Both the present value and future value would increase.

Explanation:

If the compounding frequency increases, then both the present value and the future value will increase because the effective annual rate will increase. E.g. interest used to be compounded every 6 months, now it is compounded monthly.

Both the present value and the future value vary jointly, if the present value decreases, then the future value will also decrease, and vice versa.

7 0
4 years ago
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