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3 years ago

Exsplain gross premium

Business

2 answers:

ohaa [14]3 years ago

7 0

Answer:

gross premium is a total premium paid by the policy owner.

Explanation:

Neporo4naja [7]3 years ago

3 0

The gross premium is the total premium paid by the policy owner, and generally consists of the net premium plus the expense of operation minus interest

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The most common channel of distribution for consumer goods is

PolarNik [594]

Producer to wholesaler to retailer to consumer.

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3 years ago

Name the four factors that affect population growth.

Alexxx [7]

Answer:

Factors affecting the population growth of a country are:

Explanation:

The population growth of a country are determined by many factors from which some are mentioned below:

CULTURAL ATTITUDE OF THE FAMILY: The attitude of the family towards population growth and their country plays a role in the population growth.

GOVERNMENT POLICIES: lack of the government policies and planing results in the population growth of a country.

COST OF EDUCATION: The higher the cost of education, the higher the illiteracy will be causing lack of education and awareness.

AVAILABILITY OF CONTRACEPTION: Availability of the medical techniques to avoid the unwanted pregnancy helps in the controlling of the population growth of a country.

6 0

3 years ago

What is 9 and 5/6 minus 3 and 3/6

lawyer [7]

Answer:

9 $\frac{5}{6}$ - 3 $\frac{3}{6}$ = $\frac{38}{6}$

Explanation:

Since this is an example of mixed whole numbers and fractions, this are mixed fractions.

Since the denominator is the same (6), we are just going to create a proper fraction out of these mixed fractions by multiplying the denominator with the whole number and adding the numerator. Then, the result becomes the new numerator, while the denominator remains the same.

Therefore, we have:

9 $\frac{5}{6} = \frac{59}{6}$

$3\frac{3}{6} = \frac{21}{6}$

So when we subtract these two, we get $\frac{38}{6}$ .

7 0

3 years ago

Read 2 more answers

Each of the following is a disadvantage of buying rather than making a component of a company's product except that Select one:

shtirl [24]

Answer:

The correct answer is letter "C": Profitable product lines may be dropped.

Explanation:

The decision of making a product in-house or relying on an outsourcing manufacturer is evaluated mainly by comparing the costs that handling a new production line carries. While outsourcing can save a company a great amount of money in labor, equipment, materials, and knowledge, quality control is not managed directly.

However, a new line of components in-house implies incurring in most costs that could conflict the production of existing profitable product lines that could see their numbers reduce gradually until the product drops.

6 0

3 years ago

Bain Corporation makes and sells state-of-the-art electronics products. One of its segments produces The Math Machine, an inexpe

pochemuha

Solution and Explanation:

Part a:

Revenue 5000 multiply 6.6 33000

Unit Level Variable Cost:

Material Cost 5000 multiply 2.7 -13500

Labor Cost 5000 multiply 1.2 -6000

Manufacturing Cost 5000 multiply 1.2 -6000

Shipping and Handling 5000 multiply 0.3 -1500

Sales Commission 0

Contribution Margin 6000

Should be accepted as it will increase profitability by $6000

Part b1&b2: Cost to Make Cost to Buy

Material Cost 40000*2.7 108000

Labor Cost 40000*1.2 48000

Manufacturing Cost 40000*1.2 48000

Prod Supervisor Salary 72000

Purchase Cost 40000*6.72 0 268800

Total Cost 276000 268800

Should purchase from outside as cost is lower than making it

Part b3:

Cost to Make Cost to Buy

Material Cost 60000 multiply 2.7 162000

Labor Cost 60000 multiply1.2 72000

Manufacturing Cost 60000*1.2 72000

Prod Supervisor Salary 72000 72000

Purchase Cost 60000*6.72 0 403200

Total Cost 378000 475200

Should make in house as cost is lower

Part c: It should not be eliminated.

Elimination will decrease profitability by $72000 which is being allocated company wide facility exp. Before Allocation, actual profit is (168000-24000-72000)=$72000

Loss is because of allocation of facility expenese, which will be allocated on other segment.

5 0

3 years ago