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Doss [256]
3 years ago
11

How do insurance companys make money?

Business
1 answer:
user100 [1]3 years ago
8 0
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
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The contribution margin ratio is 25% for Crowne Company and the break-even point in sales is $260,000. If Crowne Company's targe
AlekseyPX

Answer:

sale is $4000

Explanation:

given data

margin ratio = 25%

sales = $260,000

operating profit = $66,000

solution

we get here Break even sales that is express as

Break even sales = Fixed expense ÷ Contribution Margin Ratio    ...........1

put here value

$260,000 = Fixed Expenses ÷ 25%

Fixed Expenses = $65000

so here we consider sale is = x

we know net income is express as

Net Income = Contribution - Fixed Expenses   ................2

so Contribution = 25% x

put value in equation 2

25% x  - $65000 = $66,000

solve it we get

x = 4000

so sale is $4000

4 0
3 years ago
Mena, a female, and Neil, a male, are employees of Operational Processes Corporation. Mena regularly e-mails sexually explicit i
anyanavicka [17]

Answer:

A. hostile-environment harassment

Explanation:

A hostile-environment harassment is one where a worker's attitude in the workplace is such that it makes the workplace uncomfortable or non-conducive for another worker. This harassment is usually as a result of discrimination of any type; from age to gender, color, religion, sexual orientation, etc

Hostile-environment harassment can be considered illegal when it becomes a condition for the worker to remain employed or when the workplace environment has become intimidating or non-conducive for the other worker.

I hope this helps

8 0
3 years ago
Read 2 more answers
Suppose that as the manager of the first national​ bank, you have to make decisions about the appropriate amount of bank capital
Papessa [141]
...............................................................................
7 0
3 years ago
At Ava's second birthday, her grandparents wanted to pool their money to buy U.S. Treasury bonds that would ultimately provide $
Lelu [443]

Answer:

They would need to buy $64,068.981 in U.S treasury bonds on Ava's second birthday to ultimately provide $120,000 for college expenses in 16 years.

Explanation:

The initial amount to be invested in order to yield $120,000 after 16 years can be expressed as;

F.V=P.V(1+R)^n

where;

F.V=future value of investment

P.V=present value of investment

R=annual interest rate

n=number of years

In our case;

F.V=$120,000

P.V=unknown

R=4%=4/100=0.04

n=16 years

replacing;

120,000=P.V(1+0.04)^(16)

120,000=P.V(1.04)^16

120,000=1.873 P.V

P.V=120,000/1.873

P.V=$64,068.981

They would need to buy $64,068.981 in U.S treasury bonds on Ava's second birthday to ultimately provide $120,000 for college expenses in 16 years.

4 0
4 years ago
When readers see long paragraphs, they often stop reading and start trying to pick out significant words and phrases from the te
Deffense [45]
I don't know what you're asking is this a question
4 0
3 years ago
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