Which type of insurance is MOST LIKELY classified into categories such as term, whole, and variable?

1 answer:

8 0

The answer to this question is the letter "A" which is "Life Insurance".
Life insurance can be classified into the categories such as term, whole, and variable. It is a contract between the insurance holder and assurer on which the holder needs to give a certain amount upon the death of the assurer.

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svetlana [45]

Answer: a. The common-size balance sheet allow for comparison of firms with different levels of total assets by introducing a common denominator.

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For example, assets are 5 million dollars, capital 3 million and liabilities 2 million. Cash is 1 million. So in the common-size balance sheet you will see Cash (or liquidity) for 1 million dollars and 20%.

This way you can compare two or more firms with different ammount of assets (one with 8 million with one of just 1 million, for example) as indicating which is the percentage of liquidity for each one, or their percetage of liabilities, etc. The relative value, which is made in the common-size balance sheets makes this comparisson possible.

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Answer:

6.5%

Explanation:

Number of people unemployed = 237,000

Labor force = 5 million - 1.3 million - 50,000

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