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Dafna11 [192]
3 years ago
8

The law of large numbers says that when many people are insured, the probability distribution of the losses will assume a normal

probability distribution, a distribution that complicates pricing in life insurance. allows accurate predictions. hinders accurate predictions. is difficult to work with.
Business
1 answer:
Dahasolnce [82]3 years ago
6 0

Answer:

allows accurate predictions.

Explanation:

The law of large numbers  states that the larger the amount of policy holders, the probability distribution of the number of claims (losses for the insurance company) will be shaped like a normal distribution. This allows the companies to make more accurate predictions about the future number of claims.

In statistics, the law of large numbers states that as the sample size increases, the mean will be much closer to the real mean of the total population.

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On January 1, 2018, VKI Corporation awarded restricted stock units (RSUs) representing 19 million of its $1 par common shares to
zysi [14]

Answer:

1. Total compensation cost= $96.9 m

2. Compensation expense  $32.3 m

                       paid-in capital - restricted stock   $32.3m

Explanation:

The question relates to 'EQUITY GRANT', which is some sort of compensation given to somebody, especially/specifically to employees of an entity provided that certain conditions/vesting requirements are satisfied by the employee. For example, an entity in it's initial phases of growth (because certain entities don't have the money/working capital in initial stages of business) offers it's employees to stay within the entity for at least three years during which no stipend will be paid but shall receive equity ownership thereafter. In such a situation the employer grants them equity once the vesting requirement is satisfied by the employees.

<em>So at the time of of awarding, no entry is passed with respect to RSUs but at each reporting date the entity records a certain amount in equity account. Total compensation cost is calculated as follows:</em>

Total compensation cost = 19 m×$5.10

TCC= $96.8M

The RSUs are split into three year period as follows:

Yearly equity recognition: $96.9m÷3= $32.3m

So at 31 December 2018 VKI Corporation would charge $32.3m to the equity account. The entry is as follows:

Compensation expense  $32.3 m

                       paid-in capital - restricted stock   $32.3m

8 0
3 years ago
Identify and discuss a famous marketing leader. Discuss leadership traits you believe the marketing leader demonstrated and why
galben [10]

Answer:

Apple

Explanation:

A market leader can be a person, company or product that has a large market share in their industry or that dominates in their industry.

When Apple came into the market they disrupted the market a left companies they found in the market behind by concentrating on both design and user experience. By coming up with innovative products and taking design into account they made themselves a luxury brand.

They remain in the public eye, meaning that they are always coming up with new products and better offerings. They have good marketing strategies.

They aim to please their customers and make them feel like they are a part of something exclusive and luxurious.

Their vision was clear from the beginning and remains so.

Without the ability to offer a good product that is user friendly with a good design, effective marketing, innovation and a clear vision, Apple would not have been able to become a market leader so all the above are important and should be applied by any company that aims to become successful in their business.

3 0
3 years ago
Raymond estimates that the fixed costs associated with opening a new bank branch are $500,000. He expects the branch to attract
Butoxors [25]

Answer:

= $550,000.

Explanation:

Given that:

  • Fixed cost = $500,000
  • 1,000 new customer accounts in the first year
  • Cost $50 per year to service

As we know that :

the total cost of opening the new branch and remaining open for one year = fixed cost + variable cost

= $500,000 + (50*1000)

=  $500,000 + $50,000

= $550,000

Hope it will find you well.

5 0
2 years ago
The naics is a system for classifying businesses _______. that are members of the world trade organization in north america worl
jolli1 [7]

The naics may be a system for classifying businesses in North America

In order to categorize commercial enterprises for the purposes of gathering, analyzing, and disseminating statistical data per the American business economy, Federal statistical agencies utilize the North American Industry arrangement (NAICS).

<h3>Do NAICS numbers have a worldwide presence?</h3>

Business establishments are categorized by the type of economic activity using the North American Industry Classification System, or NAICS

In Canada, Mexico, and therefore the United States of America, both the govt and business utilize it.

Are NAICS codes employed by all businesses?

Yes.

You need a business activity as long as you have a business.

Simply said, your code identifies your primary and secondary revenue-generating lines of operation.

Learn more about NAICS :

brainly.com/question/5363069

#SPJ4

5 0
1 year ago
Who might request your credit report besides you? Why?
ryzh [129]

Answer: See explanation

Explanation:

Credit report and history are used to know ones creditworthiness. Apart from the individual who owns the account, it can also be requested by creditors or lenders such as mortgage lenders so that they can know if one is eligible and creditworthy for a loan. Creditors review ones credit report when loans are applied for.

5 0
3 years ago
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