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2 years ago

What should you expect to get from your insurance company in exchange for your premium?

Business

1 answer:

Sergeu [11.5K]2 years ago

5 0

Answer:

see below

Explanation:

Premiums are the regular payments the insured pays to the insurance company for insurance coverage. By paying premiums, the insurance company agrees to compensate the insured for any financial loss resulting from the risk covered by the insurance contract.

Premiums are the cost of insurance. The customer pays premiums while the insurances undertake the risk stated in the policy documents. Should the customer suffer damages, injuries, or financial loss, the insurance companies compensate the customer as per the terms stated in the insurance contract.

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A share of preferred stock currently sells for $120. it offers the investor a dividend rate of 8%, on a par value of $100. if th

victus00 [196]

Dividend per share= 8% of 100 = 8
for 500 share its 8 multiply by 500 = 4000
Normally the annual dividend amount is stated as a percentage of the par value, which is the original asking price of the stock

((dividend yields: Yield is the effective interest rate you receive if you buy shares of the preferred stock.
The yield is equal to the annual dividend divided by the current price.
in this case
dividend yield is 8 divided by 120
answer= 0.067= 6.7%))

4 0

3 years ago

Ricardo buys a coffee maker as a gift for his sister. The product turns out to be defective. Ricardo knows that he can complain

Natali5045456 [20]

Answer:

the entire supply chain (hope this helps) pls i need one more brainly to rank up

4 0

3 years ago

Suppose the production of cotton causes substantial environmental damage because the pesticides used by cotton farmers often mak

Kipish [7]

Answer: C. inefficiently low; inefficiently high

Explanation:

If the cotton farmers are not made to pay for the damage that their pesticides cost then they will maintain production at a relatively high level because their input costs will be relatively low. As a result of this high level of production, the price of the goods will be relatively low as well. The point at which both market equilibrium quantity and price are at in this scenario are considered inefficient because they are not taking into account, the true cost of production being the effects of the pesticides being used.

However, if they are made to pay for this negative externality that they are the cause of, it will increase their production cost and force them to reduce production to keep these costs low. As they reduce production, the market price will increase as supply is less.

5 0

3 years ago

The manager of the marketing team has thoughtfully selected team members with their strengths in mind to play roles based on the

hodyreva [135]

Answer:

The correct option is advisor.

Explanation:

In business, advisors can be described as persons who evaluate circumstances and suggest options as what could be done during different circumstances. These options are suggested for the benefit of the company and to lead it towards success. An advisor usually evaluates the business plan for a company.

In the above-mentioned scenario, Andy is entitled to evaluate particular situations and provide better options, hence she is playing the role of an advisor.

3 0

3 years ago

Read 2 more answers

Journalize the following transactions that occurred in for , assuming the perpetual inventory system is being used. No explanat

MariettaO [177]

Answer:

Journal Entries:

Sep. 3:

Debit Inventory $7,500

Credit Accounts Payable (Silton Wholesalers) $7,500

To record the purchase of merchandise on account.

Sep. 4:

Debit Freight on Inventory $50

Credit Cash Account $50

To record freight on purchase.

Sep. 4:

Debit Inventory $2,000

Credit Cash Account $2,000

To record the purchase of merchandise for cash.

Sep. 6:

Debit Accounts Payable (Silton Wholesalers) $1,100

Credit Inventory $1,100

To record the return of inventory.

Sep. 8:

Debit Accounts Receivable (Houston Company) $6,100

Credit Sales Revenue $6,100

To record the sale of merchandise on account.

Sep. 13:

Debit Accounts Payable (Tristan Wholesalers) $100

Credit Inventory $100

To record the allowance received.

Sep. 15:

Debit Accounts Receivable (Jex Company) $2,900

Credit Sales Revenue $2,900

To record the sale of merchandise on account.

Sep. 22:

Debit Accounts Payable (Tarin Wholesalers) $

Credit Cash $

For alleged goods purchased on September 9 (not in the records).

Sep. 23:

Debit Inventory $230

Debit Sales Revenue $270

Credit Accounts Receivable (Jex Company) $500

To record inventory returned and the corresponding profit on sales.

Sep. 29:

Debit Cash Account $

Credit Accounts Receivable (Smede) $

To record receipt from Smede (not in the records).

Sep. 30:

Debit Cash Account $2,400

Accounts Receivable (Jex Company) $2,400

To record receipt from Jex Company in full settlement.

Explanation:

Company B uses the journal entries to initially record business transactions as they occur on a daily basis. They show the accounts to be debited and the ones to be credited.

5 0

3 years ago