1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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
You might be interested in
Rachel Radcliff earns an annual salary of $165,480. 42. How much Social Security taxes will be deducted from her salary in Novem
Artyom0805 [142]

Answer:

$854.98

Explanation:

Rachel's salary for November will be the annual salary divided by 12 months.

=  $165,480. 42/ 12

=$13,790. 03

November pay is $13,790

The social security tax rate is 6.2% to the employee and 6.2% to the employer.

Rachael will pay 6.2% of her November gross income as social security tax

=6.2/100 x $13,790

=0.062 x $13,790

=$854.98

7 0
3 years ago
Which job is categorized as professional and would most likely earn a salary?
Serggg [28]
If there are any choices please do tell.
But for me, I would go with being a teacher.

3 0
3 years ago
Read 2 more answers
costs that a firm remaining in business will still incur even if it halts current production are called
vekshin1
They are “fixed costs”
3 0
3 years ago
assuming that prices rise over time, which inventory cost flow assumption will result in the lowest ending inventory?
Nadya [2.5K]

Answer: LIFO

Explanation:

8 0
2 years ago
When a human resource department is considering available talent within the company, which of the following will it use to deter
attashe74 [19]

Answer:

The answer is "b" - replacement chart.

Explanation:

The answer is <u>replacement chart.</u>

When a company prepares a chart on various positions in the company ,it's current employees , it's requirements , potential replacements for those employees , it is known as a replacement chart. Hence when the HR department is considering the available talent within the company to determine the successor of a key personal it refers the replacement chart to get the list of replacement available. Hence the answer is <u>replacement chart, b</u>.

<u>Skills inventory:</u>

A skills inventory is a compilation of the skills, education and experiences of current employees. Organizations use these inventories to assess whether current staff can meet company goals. Understanding the company's pool of current skills/talents and future skill requirements aids in strategic planning efforts.

<u>Human resource forecast:</u>

Human resources (HR) forecasting involves projecting labor needs and the effects they'll have on a business. An HR department forecasts both short- and long-term staffing needs based on projected sales, office growth, attrition and other factors that affect a company's need for labor.

5 0
3 years ago
Other questions:
  • E-waste is particularly difficult to address because of: the complexity of the modern value chain. the complexity of the modern
    8·1 answer
  • The principle that welfare subjects should not incur risks by participating in research when the resulting treatment would only
    12·1 answer
  • Match the following terms to the correct definition. A measure of process output divided by input that helps us determine the ef
    12·1 answer
  • Weekly demand for private label washing machines at Arcelik, a Turkish department store chain, is normally distributed with a me
    11·1 answer
  • Marigold Corp. showed the following balances at the end of its first year:
    8·1 answer
  • A cell phone business, in which the franchisor manufacturer a product and licenses a dealer to sell it in an exclusive territory
    13·1 answer
  • Which of the following is true? In recent decades, the volume of U.S. international trade has been declining as a share of the e
    15·1 answer
  • a. A consulting firm that is for sale has an annual operating cash flow of $2,000,000 assuming no future growth in cash flow, wh
    14·1 answer
  • Is a collection of attitudes, values, and behaviors shared by a group of people
    7·1 answer
  • Deciding what form of business to create is one of the ______ important decisions a business makes.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!