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sineoko [7]
3 years ago
11

Members of mid-south petroleum distributors, a trade group, had trouble obtaining affordable pollution liability insurance. the

members formed a group captive that is exempt from many state laws that apply to other insurers. this group captive is called
Business
1 answer:
seraphim [82]3 years ago
4 0

The answer to the question is risk retention group.

Risk retention group is a state-chartered insurance company that insures commercial businesses and government entities against liability risks. This type of insurance is different from traditional insurance companies because they are exempted from state laws that regulate insurance and do not have to obtain a state license for every state in which it operates from.

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"When a T-shirt manufacturer states, ""We sell it only in black because that way we can buy plenty of black fabric and run our p
aleksandr82 [10.1K]

Answer:

Production Oriented or Mass Production Era.

Explanation:

This marketing era took place around the mid 1800s and lasted until the early 1920s. It was basically a result of the industrial revolution where mass production started and manufacturing costs started to decrease. Most businesses would produce only one or very few types of products, and most business people thought that if they were to manufacture something, someone would buy it. Since this type of mass production was something totally new, people had lots of products available and relatively cheap for the first time, and indeed most of the production was sold that way.  

3 0
3 years ago
Use the following selected balance sheet and income statement information for Caroline Supply Co. (in millions) to compute asset
lidiya [134]

Answer:

3.15 times

Explanation:

Asset turnover = Sales revenue / Average total assets

Asset turnover = $1,135,420 / $360,600

Asset turnover = 3.15 times

7 0
2 years ago
True or false: standard rules exist to help managers identify appropriate allocation bases.
tangare [24]

False, standard rules doesn't exist to help managers identify appropriate allocation bases.

Standard Rules refers to strong moral commitments or ethics that allows smooth working of an organisation. It is basically fundamental requirements to govern an organisation. It could play a role in appropriate allocation bases but doesn't exist for it rather to keep check on principles and equality in an organisation. They are not legally binding. But, appropriate allocation bases require judgement. Managers use- the direct method or the sequential (or step) method or the reciprocal method, to develop judgements about allocation bases. Hence, the statement is false.

More on allocation of rsources brainly.com/question/5322091

#SPJ4

4 0
1 year ago
A firm does not expect to pay dividends in the next four years. beginning five years from today, the firm expects to pay a const
abruzzese [7]
From the data given above, the investor required rate of return on the firm's stock is 10% and is equal to $4,75 that is expected to be paid each year.
If $4.75 = 10%, then the price of the stock which is 100% will be equal to $4,75 * 10= $47.50.
Therefore, the current price of the stock is $47.50.
4 0
2 years ago
Read 2 more answers
You just sold 700 shares of Alcove stock at a price of $34.08 a share. Last year you paid $39.20 a share to buy this stock. You
Nesterboy [21]

Answer:

The correct answer is 3584 (Loss).

Explanation:

According tot he scenario, the given data are as follows:

Purchase value = $39.20

Sale value = $34.08

Total share = 700 share

So, we can calculate the total gain by using following formula:

Total gain = (Sale value - Purchase value) × Total share

= ( $34.08 - $39.20) × 700

= -3584 ( Negative shows Loss)

3 0
3 years ago
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