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3 years ago

What would a casualty insurance policy cover?

Business

2 answers:

svetlana [45]3 years ago

5 0

Answer:

The answer is (D) a customer injury caused by employee negligence.

Explanation:

A casualty insurance policy is a type of insurance that covers liabilities for individuals or organizations when negligence or omissions occur. It can apply to a variety of insurance types, such as aviation insurance, automobile insurance, and electronics insurance. It is not related to life insurance, health insurance, or property insurance. This makes (D) the only viable answer.

gogolik [260]3 years ago

4 0

Answer:

a customer injury caused by employee negligence

Explanation:

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Justin, a real estate salesperson with City Brokerage, received a referral fee after referring a client to Mark, another real es

Ganezh [65]

Answer: Justin's sponsoring broker

Explanation:

From the question, we are informed that Justin, a real estate salesperson with City Brokerage, received a referral fee when he refered a client to Mark, who is another real estate salesperson with City Brokerage.

The person to pay Justin his referral fee will be Justin's sponsoring broker. It should be noted that when another agents gets a referral from an agent, the sponsoring broker is the one who gives the referral fee to the referring agent.

8 0

4 years ago

Describe how you would use any five entrepreneurial qualities to make sure that your business is a success

sukhopar [10]

Passion
being open minded
desire to become the best at what you do
having a positive attitude and outlook
constantly keep your ideas flowing

5 0

4 years ago

The Saturn Company records all collections from customers (including 5% sales tax) in the Sales Revenue Account. The account bal

iris [78.8K]

Answer:

$5,000

Explanation:

Calculation for what the Sales Tax Payable will be:

Sales Tax Payable=5% sales tax*Account balance $100,000

Sales Tax Payable=$5,000

Therefore the Sales Tax Payable will be: $5,000

8 0

3 years ago

The skillful supply chain manager declared she would not only disaggregate cycle inventory, but she would also aggregate safety

Elena-2011 [213]

Answer:

a. high value and high demand.

Explanation:

Since the skillful supply chain manager declared she would not only disaggregate cycle inventory, but she would also aggregate safety inventory and use an inexpensive mode of transportation for replenishing cycle inventory and fast mode when using safety inventory for her product that had high value and high demand.

Generally, when dealing with the transportation of goods that has high value and high demand, it is necessary and important that manufacturers or suppliers use the fast mode in order to meet up with their consumer's increasing demand. Simply stated, an increase in the demand for goods and services should be met with an increased supply, so as to reach equilibrium.

For the safety inventory, which are extra level of goods carried for the purpose of mitigating consumer demand that exceeds the amount forecasted by the manufacturer or supplier in a given period of time.

She decided, she would use a fast mode of transportation for safety inventory of goods with high value and high demand.

The replenishing cycle inventory involves the process of restocking or resupplying a retailer and distributor, when they place a replenishment order.

3 0

4 years ago

Firm R has sales of 103,000 units at $1.98 per unit, variable operating costs of $1.69 per unit, and fixed operating costs of

Natasha2012 [34]

Answer:

degree of operating R = 1.25

degree of financial = 1.51

total leverage for firm R = 1.88

degree of operating W = −4.98

degree of financial W = 13.05

total leverage for firm W = −64.989

Finance risk is more for Firm W as it has more interest to pay

Leverage is the use of fixed costs in a company’s cost structure.

Explanation:

given data

R sales = 103,000 units

sales cost = $1.98 per unit

fixed operating costs = $6,010

Interest = $10,130 per year

W sales = 103,000 units

sales cost = $2.54 per unit

variable operating costs = $0.96 per unit

fixed operating costs = $62,500

Interest = $17,400 per year

tax bracket. = 40%

solution

degree of operating R = $\frac{103000\times (1.98-1.69)}{(103000\times (1.98-1.69)) - 6010}$

degree of operating R = 1.25

and

degree of financial = $\frac{103000\times (1.98-1.69)}{(103000\times (1.98-1.69)) - 10130}$

degree of financial R = 1.51

and

total leverage for firm R = 1.25 × 1.51

total leverage for firm R = 1.88

and

degree of operating W = $\frac{103000\times (2.54-0.96)}{(103000\times (1.98-1.69)) - 62500}$

degree of operating W = −4.98

and

degree of financial W = $\frac{103000\times (2.54-0.96)}{(103000\times (1.98-1.69)) - 17400}$

degree of financial W = 13.05

and

total leverage for firm W = -4.98 × 13.05

total leverage for firm W = −64.989

and

Firm W has more fixed costs and therefore more operational risk.

and for overcome risk it have to achieve profit by increasing sales price and reduce variable operating cost.

Finance risk is more for Firm W as it has more interest to pay

and

Leverage is the use of fixed costs in a company’s cost structure.

8 0

3 years ago