The pandemic and measures were taken to control the spread disease have significantly disrupted economic activity in countries around the world, resulting in significant business interruption losses.
<h3>What was the impact of pandemic over the insurance businesses?</h3>
Businesses across many sectors of the economy faced major decline in the revenue during the pandemic due to which government direct them to close their businesses.
Insurers and their associations around the world stated that most of the policyholders have not acquired insurance coverage which will respond to the business interruption losses that result from pandemic business closures.
Business interruption insurance against pandemic risk could be provided with support from governments based on the experience of risk insurance programs.
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The answer is the total budget cost. It is the one
responsible of the expense that the company needs and the estimated expense
that they had used that may be of use as their basis and for the their
future period.
Answer:
For example 1, each text book costs $4 and each pen costs $3.
For example 2, 18 $5 tickets were sold and 15 $2 tickets were sold.
Explanation:
Example 1:
let T = number of text books
let P = number of pens
5T + 4P = 32
6T + 3P = 33 (we can start by dividing this equation by 11)
5T + 4P = 32
2T + 1P = 11 (now lets multiply be -4)
5T + 4P = 32
-8T - 4P = -44 (now we add)
-3T = -12
T = -12 / 3 = 4
P = (2 X 4) + P = 11
P= 11 - 8 = 3
Example 2:
let C = cheap tickets
let E = expensive tickets
C + E = 33 ⇒ C = 33 - E (and now we can replace)
2C + 5E = 120
2(33 - E) + 5E = 120
66 - 2E + 5E = 120
66 + 3E = 120
3E = 120 - 66 = 54
E = 54 / 3 = 18
C = 33 - 18 = 15
Answer:
26.14%
Explanation:
Internal rate of return is the discount rate that equates the after tax cash flows from an investment to the amount invested
IRR can be calculated using a financial calculator
Cash flow in year 0 = $-60,000
Cash flow each year from year 1 to 5 = $20,000
Cash flow in year 6 = $20,000 + $10,000 = $30,000
IRR = 26.14%
To find the IRR using a financial calacutor:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. After inputting all the cash flows, press the IRR button and then press the compute button.
I hope my answer helps you