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2 years ago

Why is it important for insurance companies to have a large pool of people paying premiums?

Business

1 answer:

Sloan [31]2 years ago

7 0

Answer:

The premium payments of all the insured clients will cover the costs for the emergencies of the few who need it. The more people that pay premiums, the less likely each insured client will experience an emergency.

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The following information pertains to Torque Corp.'s outstanding stock for 2021: Common stock, $1 par value Shares outstanding,

azamat

Answer:

135,000 shares

Explanation:

The stock split is the re-denomination of the shares where the number of shares increases without a corresponding increase in shareholders' equity.For instance assigning two shares for each share had earlier with two new shares priced at the price of previous one share,however in calculating the number of shares applicable to basic earnings stock split is treated retrospectively,as if it has always been part of the company's shares

Opening number of shares 60,000

add increase due to stock split(2*60,000)-60,000 60,000

new shares half-way through the year 30,000*6/12 15,000

Weighted average number of shares 135,000

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3 years ago

Define the business cycle.

Tpy6a [65]

<span>a cycle or series of cycles of economic expansion and contraction.</span>

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3 years ago

Read 2 more answers

At the beginning of the school year, Priscilla Wescott decided to prepare a cash budget for the months of September, October, No

beks73 [17]

Answer:

a) Priscilla Wescott's

Cash budget

Months

Sept. Oct. Nov. Dec.

beginning balance 8,220 3,220 3,330 3,340

football tickets -110

other entertainment -290 -290 -290 -290

semester tuition -4,400

rent -400 -400 -400 -400

food -220 -220 -220 -220

apartment deposit -600 600

part time jobs earnings 1,020 1,020 1,020 1,020

ending balance 3,220 3,330 3,340 4,150

b) This is a static budget because it is being prepared in advance. A flexible budget adjusts a static budget to the real cash outflows and inflows.

c) The spring semester tuition costs $4,400 and she will only have $4,150, that means she will be $250 short.

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3 years ago

Some insurance companies begin paying claims only after the policyholder has paid a certain amount of money called a...

Nadya [2.5K]

The answer is 1) Premium.

6 0

2 years ago

Jan wants to king a block of text in the right. What command allows her to do this?

erica [24]

Answer:c

Explanation:

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3 years ago