Answer: By creating risk pools, insurance companies help spread the risk and avoid the type of massive payout required after a catastrophic loss. It is a form of risk management for insurance companies. If a claim is made for reimbursement due to that catastrophic loss, the participating insurance companies spread the loss among themselves.
Explanation:
Answer: 342,000
Explanation:
200,000 + 300,000 + 20,000 = 520,000
520,000 * 40% = 208,000
520,000 - 208,000 = 312,000
312,000 + 30,000 = 342,000
Therefor your answer is 342,000
The correct option is C.
Student loans that originated from the federal government are called federal students loans. This type of loan usually allows the borrower to pay lower interest and it has more flexible repayment options compare to loans from other sources. The interest rate of the loan is usually fixed over time.<span />
To solve for units sold at an income of $200,000:
First, I would subtract the variable cost of $8 from the unit sales price of $18 dollars which gives you $10.
Unit profit = $10
Fixed costs = $200,000
How many units need to be sold to earn an income of $200,000?
40,000 units x $10 = $400,000 - $200,000 = $200,000
40,000 units need to be sold to earn an income of $200,000.
Answer:
You choose Jim since they are both similar employees and choosing your friend is OK
Explanation:
Since in the question it is mentioned that Jim and John both wants to be on the team but there is only one room that belong to other one person. Although they have the same skill and work ethics so here we should choose Jim as it is okay to select friend who have the same attributes or characteristics
Therefore the above represent the answer
