Most insurance companies generate revenue in two ways: Charging premiums in exchange for insurance coverage, then reinvesting those premiums into other interest-generating assets. Like all private businesses, insurance companies try to market effectively and minimize administrative costs
Answer:
Total stochkholders' equity = $266,220
Explanation:
Total stockholders' equity
10,400 x $5.80 = $60,320
19,600 x $9.30 = $182,280
Net income (retained earnigns) = $106,000
Paid cash dividends = -$53,000
Purhcase of treasury stocks = -2,600 x $11.30 = -$29,380
Total stochkholders' equity = $266,220
The answer is C households and business
