What 3 factors affect the return on savings account

How auto insurance companies manage risk ?<br>

Nana76 [90]

____________________________________________________

Answer:

Insurance companies manages risk by balancing the low-risk drivers and the high-risk drivers. Insurance would charge higher rates for high risk drivers.

____________________________________________________

Explanation:

Insurance companies manages risk by sorting out the people who have a lower chance of risking a crash, with people who have a higher chance of risking a crash. They do this by charging low rates to the people that have a lower chance of causing a risk. They charge them low because they are trustworthy, and don't need to rack up a lot of money quick if they ever get into a crash. Remember, insurance makes people pay monthly so they could use that money in a accident.

But, this is different for people with higher risk. People that have a high risk of getting into an accident would be charged with a higher rate than people with lower risk. Insurance companies charge them with higher rates because since higher risk drivers get are more likely to get into an accident, insurance companies want to make sure that they can get the money for the accident as soon as possible. Insurance companies are the ones that pay for the accident, and that's why most places require you to have insurance while you drive.

____________________________________________________

4 0

4 years ago

Read 2 more answers

In Benny v. City Car Dealership, a state supreme court held that a minor could cancel a contract for the sale of a car. Now a tr

eduard

Answer:

A

Explanation:

Allow the minor to cancel the contract

5 0

3 years ago

Read 2 more answers

Check my workCheck My Work button is now enabledItem 15 Time Remaining 2 hours 27 minutes 1 second02:27:01 Exercise 8-16 Direct

Step2247 [10]

Answer:

Zan Corporation

Production Department

Quarters 1st 2nd 3rd 4th Total

1. Raw materials 50,000g 62,000g 54,000g 44,000g 210,000g

Purchased

2. Cost of purchases $60,000 $74,400 $64,800 $52,800 $252,000

3. Total disbursement $38,880 $68,640 $68,640 $57,520 $233,680

4. Direct labor costs $11,500 $18,400 $16,100 $13,800 $59,800

Explanation:

a) Data and Calculations:

Forecast Production

Quarters 1st 2nd 3rd 4th Total

Units to be produced 5,000 8,000 7,000 6,000 26,000

Grams required 40,000g 64,000g 56,000g 48,000g 208,000

Beginning Inventory 6,000g 16,000g 14,000g 12,000g 6,000g

Raw materials purchase 50,000g 62,000g 54,000g 44,000g 210,000g

Ending Inventory 19,200g 16,800g 14,400g 9,600g

Cost of purchases $60,000 $74,400 $64,800 $52,800 $252,000

Beginning Inventory cost 7,200 19,200 16,800 14,400

Total Cost of materials $67,200 $93,600 $81,600 $67,200

Cost of materials used $48,000 $76,800 $67,200 $57,600

Grams required by 1 unit 8 gm

Cost of 1 gm = $1.20

Ending Raw materials

25% of next quarter's 16,000gm 14,000gm 12,000gm 8,000gm

Accounts Payable

Beginning balance $2,880

Cost of purchases $60,000 $74,400 $64,800 $52,800 $252,000

Cash Disbursement for purchases of materials:

Cash Payment: 1st 2nd 3rd 4th Total

60% quarter acquired 36,000 44,640 38,880 31,600

40% in ffg quarter 2,880 24,000 29,760 25,920

Total disbursement $38,880 $68,640 $68,640 $57,520 $233,680

Cost of direct labor:

Each unit requires 0.20 direct labor-hours at $11.50 per hour

Quarters 1st 2nd 3rd 4th Total

Units to be produced 5,000 8,000 7,000 6,000 26,000

Total direct labor-hours 1,000 1,600 1,400 1,200 5,200

Direct labor costs $11,500 $18,400 $16,100 $13,800 $59,800

7 0

3 years ago

John Smith, a U.S. based businessman paid the equivalent of $20 to an official of the country of Murundi to expedite the overnig

AleksandrR [38]

Answer:

Grease payment

Explanation:

A grease payment is a payment made to a government official with the goal of expediting a transaction, process or request. It can be obtained through extortion from the government official, by voluntary contribution from the non-goverment official, or by mutual agreement, either explicit, or implicit.

In practice, it is essentially the same as a bribe, and the term could be considered a colloquial euphemism.

3 0

3 years ago

The fiscal 2016 financial statements of nike inc. shows net operating profit margin (nopm) of 11.4%, net operating asset turnove

kolezko [41]

<span>E, there is not enough information without actually having the Return on Equity from which we can subtract the operating return. With only percentages, we cannot extract this answer.</span>

7 0

4 years ago