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denis-greek [22]
3 years ago
10

Insurance fraud is estimated to cost $27.6 billion per year. This includes Automobile fraud, Business and Commercial fraud, Home

owner fraud, Life/disability fraud, and others.
true or false?
Business
1 answer:
ki77a [65]3 years ago
4 0

Answer: true

Explanation:

You might be interested in
You invest in various broadly diversified internatioWhich emerging country had the highest percentage growth in market capitaliz
GaryK [48]

Answer:

Columbia; Foreign exchange risk

Explanation:

Foreign exchange risk otherwise known as FX risk or currency risk refers to losses that affects the rate of returns on international investments as a result of currency instability of fluctuations. This is because the US dollar is stronger than most currency and there is little to no fluctuation of the currency which doesn't give a cause for concern on investments.

Columbia has the highest pecentage growth amongst emerging countries in 2000-2011 because of its political stability, investment friendly policies as well a sustained growth rate over the years that have attracted lots of investors.

Cheers.

7 0
3 years ago
Mauro Products distributes a single product, a woven basket whose selling price is $21 per unit and whose variable expense is $1
Grace [21]

Answer:

1. Break even points in units will be =  2,700 units

2. Break-even point in dollar sales = $56,700

3. In case fixed expense increase by $600 then Break even point in unit sales = 2,900 units

Explanation:

Break even point = \frac{Fixed Cost}{Contribution per unit}

Fixed Cost = $8,100

Contribution per unit = Sale Price - Variable Cost = $21 - $18 = $3

1. Break even points in units will be

= \frac{8,100}{3} = 2,700 units.

2. Break-even point in dollar sales

= Break even point in units X Sale price per unit

= 2,700 units X $21 = $56,700

3. In case fixed expense increase by $600 then Break even point in unit sales

= \frac{8,100 + 600}{3} = 2,900 units

Final Answer

1. Break even points in units will be =  2,700 units

2. Break-even point in dollar sales = $56,700

3. In case fixed expense increase by $600 then Break even point in unit sales = 2,900 units

3 0
4 years ago
Define working capital managememt
Vladimir [108]
Working capital is known as all the activities that are concerned with the managerial accounting techniques and monitoring and utilizing the current assets and liabilities of a company.  <span />
7 0
3 years ago
Although skyscrapers are mostly composed of steel and glass, carpenters are often employed to help with construction. How might
NeX [460]
To create the roof trusses 
8 0
3 years ago
Raj is a 50% shareholder in an S corporation. In the current year, he is reporting $50,000 of salary, $2,000 of interest income,
ycow [4]

Answer:

B) $4,000

Explanation:

The computation is shown below

As the QBI deduction can be less of

20% of Qualified business income

OR

20% of net capital gain

So the 20% of qualified business income is

= $20,000 × 20%

= $4,000

And, the 20% of  Net capital gain is

= ($65,000 - $10,000) × 20%

= $11,000

So, the lesser amount between $4,000 and $11,000 is $4,000

3 0
3 years ago
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