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
Fynjy0 [20]
3 years ago
14

if an insurance company makes a statement that its policies are guaranteed by the existence of the Insurance Guaranty Associatio

n, that would be considered
Business
1 answer:
sdas [7]3 years ago
8 0

Answer: An unfair trade practice

Explanation:

Insurance guaranty associations are the organizations that help in the protection of the interest of the insurance policyholders in a case whereby there's insolvency on the part of the insurance company.

In a scenario whereby an insurance company makes a statement that its policies are guaranteed by the existence of the Insurance Guaranty Association, this is not appropriate and should be termed to be an unfair trade practice.

You might be interested in
NewLinePhone Corp. is very risky, with a beta equal to 2.8 and a standard deviation of returns of 32%. The risk-free rate of ret
PtichkaEL [24]

Answer:

Risk-free rate (Rf) = 3%

Market return (Rm) = 11%

Beta (β) = 2.8

Ke = Rf +β(Rm - Rf)

Ke = 3 + 2.8(11 - 3)

Ke = 3 + 2.8(8)

Ke = 3 +  22.4

Ke = 25.4%

Explanation:

Cost of retained earnings is a function of risk-free rate plus beta multiplied by risk-premium. Risk premium is the difference between market return and risk-free rate,

8 0
3 years ago
You have a subordinate who performs best when he does things because he agrees with your ideas. What type of power should you us
eimsori [14]

Answer: 1. Persuasive Power

2. Information Power

3. Expert Power.

Explanation:

For the first Scenario where the subordinate works better when they are agreeing with your ideas, the type of power to use is PERSUASIVE Power. Persuasive power is the ability to be able to convince people to do things that can either be good or bad by making them see the logic in your decisions. You can use it here to motivate this employee as he is already used to being persuaded by you and is at his best when that happens.

The second scenario speaks of a power that stems from having a consistent track record that people trust. This is called the EXPERT power. The expert power means that you are very knowledgeable and skilled in your area of expertise which has the effect of people coming to you for guidance which is what is happening in this scenario.

The third scenario speaks to INFORMATION Power which refers to the ability to have and use multiple contacts as well as other information sources to constantly be knowledgeable in a field. People will seek you out for this and that is what they are doing here.

8 0
3 years ago
Chow Publications Inc. is a publicly traded media company focused on products for the home chef market. The company publishes a
DochEvi [55]

Answer:

A. $575,415.67

B.

Dr Cash $575,415.67

Cr Revenue from sales $575,415.67

Explanation:

Chow Publications Inc

A.

Revenue recognition it stated that a five step model is been developed to help recognized the revenue from sale of goods and service to customer which is why revenue should be recognized by

1. Identify the contract with customer in which both the seller and buyer are agreed for the contract and must know their rights and obligation in the contracts.

2. Obligation of performance in contract : In above contract the seller know that he has to deliver the content of magazine and the buyer as well know the price for such goods.

The $ 115,000 subscription received are:

$80,500 for paper form and $34500 for digital form and $25,000 copied are been sold out at news stands.

3. Determine the transaction price in which $50 is for the paper copy and $40 is for the digital copy and $ 5 is for copy which is sold at news Stands.

4. Allocation of transaction price to performance obligation will be by calculating the revenue from the transaction and by applying the rate of performance obligation which is why the Total revenue was $ 575,416.67.

5. Recognizing the revenue in the books occured in a situation where the risk and rewards which relate to the ownership of the goods has been passed which led to the customer been satisfied which inturn means that there is no uncertainty regarding the creation of performance obligation on buyer.

Chow Publications Inc

A.

Total Revenue

Online subscription

Paper form $335,415.67

Online form $115,000.00

$450,415.67

Add Copy at News Stand $125,000

Total $575,415.67

B. Journal entry

Dr Cash $575,415.67

Cr Revenue from sales $575,415.67

Monthly share in Annual Revenue

Annual rate Monthly rate

Paper form $50 4.17

Digital rate $40 3.33

Distribution of subscription total received $115,000

Paper rate 70% ×$115,000

= $80,500

Digital rate 30% ×115,000

= $34,500

4 0
2 years ago
Which scheme involves telling victims that certain financial instruments have been issued by legitimate organizations, and that
Blizzard [7]

A primary bank investment fraud scheme involves telling victims that certain financial instruments have been issued by legitimate organizations and that those investments are high-payoff and low-risk.

Investors' money will allegedly be used to purchase and trade "Prime Bank" instruments, according to Prime Bank programs. A type of investment scheme known as prime bank fraud guarantees extraordinarily high yields in a short amount of time. People assert that they have access to undiscovered financial products that they can purchase at a discount and resell for a profit. These financial products are made up in reality. By linking these products to prestigious international banks or elite-only government banking systems, people try to give the impression that they are legitimate. Investors are intentionally misled into thinking that these financial products are affiliated with reputable financial institutions.

More about investment fraud brainly.com/question/13140407

#SPJ4

8 0
2 years ago
What causes unemployment post-keynesianism?
Harlamova29_29 [7]

Answer:

<u>involuntary employment</u>

<u>Explanation:</u>

The Post-Keynesianism view is that effective demand is the main determinant of economic performance.

Thus, Keynesianism states that in an economy where there is a significant reduction in demand, it will affect the labor market which further leads to lower wages.

For example, an airline that has 100 workers is experiencing a sharp decline in demand (of flight bookings) because of a government lockdown may decide to cut down their staff capacity ad a result. leading to <u>involuntary employment.</u>

4 0
3 years ago
Other questions:
  • Katie invested a total of ​$4000​, part at 2​% simple interest and part at 3​% simple interest. At the end of 1​ year, the inves
    12·1 answer
  • Which of the following is a fixed cost for a company that sells greeting cards online and mails the printed cards to customers?
    10·1 answer
  • When evaluating services, consumers generally compare their expectations prior to the service to the outcome once the service is
    8·1 answer
  • Why do some job markets offer more potential than others?
    12·1 answer
  • For more than 20 years, the Fed has used the federal funds rate as its monetary policy target. It has not targeted money supply
    6·1 answer
  • There are three sequential operations (Station 1, Satiation 2, and Station 3) in a process. Incoming applications go to station
    6·1 answer
  • Cellestial Manufacturing Company produces Products A1, B2, C3, and D4 through a joint process. The joint costs amount to $200,00
    5·1 answer
  • Garcia Corporation purchased a truck by issuing an $80,000, 4-year, zero-interest-bearing note to Equinox Inc. The market rate o
    5·1 answer
  • The business department of State Community College is increasing its online course offerings. Its objectives are uniformity of q
    15·1 answer
  • Sampson Company's accounting records show the following for the year ending on December 31, 2022. Purchase Discounts $ 11200 Fre
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!