Considering the benefits and importance of insurance, the ten roles of insurance in a business include "<u>security and safety</u>."
<h3>The other roles of insurance in a business are:</h3>
- Mitigation of risk
- Provision of insurance service by the insurance company
- Protection from unexpected losses
- Ease of getting loans
- Provision of social cooperation
- It enhances saving habits
- It aids some contracts that require it.
- There are tax benefits.
- Promotion of trades and industry, etc.
Hence, in this case, it is concluded that insurance plays various roles in business.
Learn more about Insurance here: brainly.com/question/4953989
Starbucks repurchased over $1.4 billion of its common stock in 2015. How did this repurchase affect Starbucks' ROE?
Answer:
False because you only go and check your account you don't deposit anything only if you want
Answer: $83050
Explanation:
Based on the information given in the question, the total reserves of First National Bank will be given as follows:
Total deposit = $675000
The Required reserve ratio will be:
= 675000 × 9%
= 675000 × 9/100
= $60750
Since the bank has excess reserves of $22,300, then the total reserve will be:
= $60750 + $22300
= $83050
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