1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
SCORPION-xisa [38]
3 years ago
6

The idea of insurance a. is to share risk. b. would not appeal to a risk-averse person. c. is, other things the same, to reduce

the probability of a fire, accident, or death. d. is to provide a sure thing, not a gamble.
Business
1 answer:
Alex3 years ago
3 0

Answer:

is to share risk.

Explanation:

Insurance is a means by which individuals and businesses avoid the risk of a loss. It is a risk management strategy that is used to hedge against the risk of uncertain loss.

So risk is shared with other parties usually the insurance company in the event of a loss.

The insurance company collects a payment called premium to maintain this agreement. The premium acts as a financial cushion for the insurance firm, and also provides means of settling loss claims.

For example a company can buy insurance against fore loss and pay premiums. In the event of a fire the insurance company is liable to reimburse the company for losses incurred.

You might be interested in
Management of Plascencia Corporation is considering whether to purchase a new model 370 machine costing $523,000 or a new model
Ber [7]

Answer:

A. $518,000

Explanation:

The computation of the sunk cost is shown below:

= Purchase value of the machine that buys 7 years ago

= $518,000

As sunk cost is the cost that already spent and not relevant for decision making

So according to the given options, the first option is correct

6 0
3 years ago
Fix-It Co. wishes to maintain a growth rate of 9.89 percent a year, a constant debt-equity ratio of .42, and a dividend payout r
Olin [163]

Answer:

5.43%

Explanation:

Using du point formula for return on equity formula, the profit margin can be computed by rearranging the formula to make profit margin the subject.

return on equity=profit margin*assets turnover*leverage ratio

return on equity=growth rate*(1-dividend payout ratio)=9.89%*(1-40%)=5.93%

assets turnover=sales/total assets=inverse of total assets to sales=1/1.3

leverage ratio=total assets/equity

debt-equity ratio=0.42( debt is 0.42 while equity is 1 i.e 0.42/1=0.42)

total assets=debt+equity=0.42+1=1.42

equity is 1

5.93%=profit margin*1/1.3*1.42/1

5.93%=profit margin*1.092307692

profit margin=5.93%/1.092307692

profit margin=5.43%

5 0
3 years ago
Mobile visual search (MVS) apps generate graphic images that are superimposed on pictures of real things (e.g., people, rooms, b
Romashka-Z-Leto [24]

Answer: False

Explanation:

Mobile Visual Apps were made.more along the lines of linking different content from a single picture. For instance, a single picture of a logo could link the user to the social media pages, products and other content belonging to the owner of the logo.

The product described in the text above is ' Augmented Reality '.

5 0
4 years ago
A snack food company experimented with the frequency of its advertising by working with a local cable provider. On the north end
Leona [35]

Answer:sales test

Explanation:The Sales test evaluates a candidate's ability to complete the sale of goods or services on behalf of a company, including related interactions with prospective and current customers before, during, and after completion of the sale.

4 0
3 years ago
All the money available in the united states is called
lutik1710 [3]
All the money available in the United States is called Money Supply or could be the economy.
5 0
3 years ago
Other questions:
  • A farmer needs 500 vats of fertilizer a week during the summer. He has a barn that can hold plenty of vats which cost around $1
    14·1 answer
  • You have just taken a job as an entry-level manager for a company that provides rug-cleaning services. The company has a large n
    14·1 answer
  • Frank is interested in rewriting the vision statement for his antique shops, and he wants his employees and his business to grow
    12·1 answer
  • Owning your own business allows you the freedom to A. enjoy more free time. B. allow others to make decisions. C. bypass some la
    5·1 answer
  • Properly designing a protective packaging system requires three important kinds of information. Which of the following is not on
    12·1 answer
  • Assume one bank offers you a nominal annual interest rate of 6% compounded daily while another bank offers you continuous compou
    8·1 answer
  • Tamarisk, Inc. sells merchandise on account for $7400 to Cheyenne Corp. with credit terms of 2/15, n/30. Cheyenne Corp. returns
    13·2 answers
  • If a lender is to repossess or bring about the sale of a property if the borrower defaults on the mortgage loan, the lender is s
    14·1 answer
  • If the Fed has an interest-rate target, meaning they want to control the interest rate at a specific rate such as 4%, why will a
    13·1 answer
  • A beneficiary receives only the death benefit earnings in which settlement option?
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!