abc insurance retains the first $1 million of each property damage loss and purchases reinsurance for that part of any property loss that exceeds $1 million. the insurance for property losses above $1 million is called
Answers
ABC insurance retains the first $1 million of each property damage loss and purchases reinsurance for that part of any property loss that exceeds $1 million. The insurance for property losses above $1 million is called Reinsurance.
What is Reinsurance?Reinsurance refers to an insurance company's transfer of some or all of its risks to another insurance company.
The primary insurer, which is the company that wrote the policies, is relieved of all or a portion of the claim payments required by its policyholders because it can pass on its excess risk to the reinsurer.
When the cost of a claim is above a particular threshold, a ceding company may get reinsurance. The reinsurer then pays the ceding business for the amount that surpasses the threshold up to the reinsurer's limit, known as the retention.
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Related Questions
a family farm that has been passes down from generation to generation is an example of an event in a
command economic system
traditional economic system
mixed-market economic system
pure market economic system
Answers
Answer:
Traditional economic system
Explanation:
It is being passed down from generation to generation
Consider the information about the economy of PakistanNote that the currency of Pakistan is the rupee The government purchases : 3.20 trillions of rupees. Individuals consume : 8.10 trillions of rupees . Individuals save : 5.49 trillions of rupees . Businesses invest : 1.60 trillions of rupees . Foreigners spend: 0.64 trillions of rupees to purchase Pakistani firms Pakistan imports : 2.39 trillions of rupees . Pakistan exports : 1.38 trillions of rupees .
Answers
The government of Pakistan purchases 3.20 trillion rupees, individuals consume 8.10 trillion rupees, individuals save 5.49 trillion rupees, businesses invest 1.60 trillion rupees, foreigners spend 0.64 trillion rupees to purchase Pakistani firms, Pakistan imports 2.39 trillion rupees, and Pakistan exports 1.38 trillion rupees.
These figures demonstrate the level of economic activity in Pakistan. The government's purchase of goods and services stimulates the economy, while consumer spending helps to keep prices steady and create jobs.
The savings of individuals provide funds for businesses to invest, while foreign spending helps to increase Pakistani exports, and imports provide goods that may not be available locally.
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Next O Cover Letters and Résumés: Mastery Test
1
Select the correct answer.
Josita is preparing a résumé for a job teaching graphic design at a high school. She wants to list the software programs she has learned. In what
section of her résumé should Josita include these programs?
OA honors
OB. activities
OC. skills
OD. experience
Reset
Submit Test
Next
Answers
If Josita is preparing a résumé for a job teaching graphic design at a high school. She wants to list the software programs she has learned. The section of her résumé that Josita should include these programs is: C. skills.
What is skills?Skills can be defined as the ability a person or an individual possess when it comes to performing or carrying out tasks. A person can tend to possess inbuilt Skills or acquired skills they known will be of important to them.
Based on the scenario the software programs was the skills that Josita acquired because she learned it, the software program should be included as part of the skills she possess in her resume as this will enables are employer to know the skills she possess.
Therefore If Josita is preparing a résumé for a job teaching graphic design at a high school. She wants to list the software programs she has learned. The section of her résumé that Josita should include these programs is: C. skills.
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suppose you deposit $2,500 today in a savings account at 3.5% interest compounded annually. assuming no withdrawal, how much would you have at the end of 10 years?
Answers
By assuming no withdrawal we get $3526.50 after 10 years.
We have:
N = 10
PV = 2500
R = 3.50%
We can use the following formula to compute FV:
FV = PV x (1+r)^n
= 2,500 x (1+0.035)^10
= 2,500 x 1.410598761
= $3526.50
A withdrawal includes getting rid of the budget from a financial institution account, monetary financial savings plan, pension, or consideration. In a few instances, situations need to be met to withdraw the budget without penalty, and a penalty for early withdrawal typically arises whilst a clause in a funding agreement is broken.
To withdraw cash from your account, you want to fill in a “Withdrawal slip”. Like a Deposit slip, a Withdrawal slip additionally asks for similar information – your call, account variety, the amount that your choice to withdraw, date, and so forth.
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The receipts section of the cash budget lists ______. Multiple choice question. all cash inflows, except from financing total sales for the period all cash inflows total credit sales
Answers
The receipts section of the cash budget lists B. all cash inflows.
What is a cash budget?A cash budget is a document prepared in advance to show the planned monthly cash inflows (receipts) and cash outflows (payments).
Preparing the cash budget helps management to manage cash outflows with its cash inflows and make other cash decisions.
Thus, the receipts section of the cash budget lists B. all cash inflows and not credit sales.
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If you hold a $100 U.S. Treasury Bill, this means: (Select all that apply) Helpful Hint: There are 2 correct answers. The U.S. government owes you $100. You owe $100 to the U.S. government. You have a $100 deficit. You made a $100 loan to the U.S. government. You have a $100 surplus.
Answers
The U.S. government owes you $100.
Option 1 is correct .
Treasury Bills:
Treasury bills, or T-bills, have the shortest terms of all and are issued with maturity dates of four, eight, 13, 26, and 52 weeks.
Treasury Bill Characteristics:
Unlike Treasury bonds and notes, T-bills do not pay periodic interest payments to investors. Instead, Treasury bills are auctioned off to investors at a discount to their face value. The investor's return is the difference between the face value and the discount price paid at purchase.
How Do You Cash a Treasury Bond?
For Treasury bonds held with a bank or broker, consult the institution to redeem them.
For Treasury bonds in Treasury Direct (electronically), investors don't need to take any action since the bond will be cashed out at maturity and deposited into your account as long as you supply your bank information to Treasury Direct.
Treasury Bonds :
Treasury bonds, called T-bonds for short, are often referred to as long bonds because they take the longest to mature of the government-issued securities. Treasury bonds are offered to investors in terms of 20 and 30 years to maturity.
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Please help me where can I find an app that helps me more about Business and becoming a business man please help thank you have a great rest of your day:)
Answers
1.] Gusto "Small business owners with a team to run may find Gusto a lifesaver."
2.] Scanner App. "This free app for small business lets you send documents and forms on the go."
3.] Square. "Square is the payment app for small business right now."
4.] Wunderlist. ...
5.]LinkedIn. ...
6.]PicMonkey. ...
7.] Shopventory. ...
8.] TripIt.
these are all ranked gusto being the best and 8 being good but not as good as the top 3
Kristoffer needs to create cell names that match the column headings he has already created. Select the correct navigational path to set those names using the Create from Selection command. Click on the tab on the ribbon and look in the Defined Names gallery.
Answers
Answer:
formula
create from selection
top row
Explanation:
just took the question on edge
The correct navigational path to create cell names that match the column heading using the Create from Selection command is: Click on the Formula tab on the ribbon and look in the Defined Names gallery. Select the range of cells, including the row that includes the name you wish to use. Select Create from Selection. Select Top row and click OK.
What is a cell?Cells are the boxes that appear in an Excel worksheet's grid. On a worksheet, each cell is identified by its reference, the column letter and row number that intersect at the cell's location.
Instead of creating cell names one by one, "Create from Selection" tool can be used to create cell names from a selection. The tool is in the "Defined Names" group of the Formulas menu.
Therefore, the correct path for using the Create from Selection command is first to click on Formula tab and look in the Defined Names gallery. Then select the range of cells, including the row that includes the name wish to use. Select Create from Selection. Select Top row and click OK.
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The Anytime Gym is launching new services to attract more customers. They offer a variety of fitness equipment, and are now offering free child care, a smoothie bar, and extended gym hours. Which of these is an example of a core service offered by Anytime Gym? a. Free child care b.Fitness equipment c.Smoothie bar d.Extended hours
Answers
Answer:
B. Fitness equipment.
Explanation:
The core business of Anytime gym is fitness equipments. It is the main or essential activity of the Anytime gym business as it is what improves customer value and drive profits.
Generally the core business activity of Anytime Gym refers to the key activity of the enterprise.
Core business activity contains a clear company identity, in this case the name Anytime gym suggests that the business is involved in gym activities and what stand for.
required: 1. what is the total credits for the final trial balance? multiple choice 1 284,477 176,100 can not be calculated 2. how much is total liabilities in the trial balance? multiple choice 2 32,300 176,100 26,200 76,200 3. in a trial balance, the total debits should equal total credits? multiple choice 3 true false 4. a trial balance includes accounts from the and . multiple choice 4 balance sheet and statement of cash flows income statement and balance sheet income statement and statement of cash flows income statement, balance sheet and statement of cash flows 5. what is the calculation for the net debits computation in the calculated fields, items and sets? multiple choice 5 if(credit>debit, credit − debit) if(debit>credit, debit − credit) if(credit>debit, debit − credit) if(debit>credit, credit − debit)
Answers
The total credits for the final trial balance cannot be calculated.
Can the total credits for the final trial balance be determined?In a trial balance, the total credits should equal the total debits to ensure that the books are balanced. However, based on the given information, it is not possible to determine the total credits for the final trial balance. The multiple-choice options provided do not include a specific value for the total credits. Therefore, without additional information or calculations, it is not possible to ascertain the total credits.
A trial balance is a statement that lists all the accounts and their balances to ensure the equality of debits and credits. It serves as an internal check to identify errors in recording transactions.
The total debits and credits should be equal, representing a balanced set of accounts. If the total debits do not match the total credits, it indicates an imbalance and requires further investigation to rectify the error. The trial balance is an important step in the accounting cycle and provides a foundation for preparing financial statements
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Prepare a dialogue on the topic Possibitics of Rural Tourism in Nepal "
Answers
...Sky-Dive... creates new social and economic opportunities, awareness, improve the quality of rural life, and promote sustainable development of communities.
"Why can production only take place on or inside the curve?"
Answers
Answer:
I suppose that you are referring to a production possibilities frontier (PPF) curve. Total production output can only take place on or inside the curve because the PPF curve gives us the maximum combination of output that we can produce of two different goods using all available resources.
e.g.
Cars Boats
100 0
80 15
60 30
40 45
20 60
0 75
If you want to produce 60 cars, the maximum number of boats that can be produced is 30. You can produce less than 30 boats, and have some spare unused resources, but you cannot produce 40 boats.
a printed pamphelt that describes goods for sale is called a?
Answers
Answer:
The term "marketing brochure" refers to a small document, or pamphlet, which describes and promotes various products or services to be marketed.
Should you write in plural form rather than singular?
Answers
Answer:
it depends, if you need to then yes
Explanation:
Ex Plural: Look at the children
Ex Singular: Look at that child
(a) A family consist of a baby, a child attending nursery school and working parents, decide to prepare a budget for 3 months has a limited income and decides to purchase a food processor instead of a television set.
Suggest TWO possible reason for this decision.
Answers
Answer:
bhosdi ke kute gal chode
hey you are loved.
Take of yourself.
please vote me for Brainliest if ok :)
Why do you only pay tax on a certain amount of income
Answers
Answer:
because it means that the more you earn, the more you pay. If your income equals or exceeds these amounts, you will need to file taxes. and that's why you have to pay certain amounts of taxes.
Explanation:
(sorry if you get it wrong)
The job specification states "knowledge of Spanish is a plus." You are comfortable speaking Spanish but are not confident of your ability to read or write in the language. Which of the following would provide the best assessment of your abilities without being misleading?
a.Near-native fluency in Spanish
b.Understand some Spanish
c.Able to converse in Spanish
Answers
Option c. "Able to converse in Spanish" would provide the best assessment of your abilities without being misleading.
Why is it?
This statement accurately represents your ability to speak and hold a conversation in Spanish, without implying that you have proficiency in reading and writing.
The job specification mentions that knowledge of Spanish is a plus, which suggests that being able to speak the language would be beneficial but not necessarily a requirement.
Therefore, it is important to provide an honest and accurate assessment of your abilities, which can help the employer make an informed decision about your candidacy.
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what is true regarding the reputation of small businesses?
Answers
By offering job options to people who might not be employed by huge organizations and big firms, small businesses contribute to the local economy's expansion.
Now what we call a business that manages multiple businesses?
A conglomerate is a business made up of numerous independent, unique businesses. A global company controls a large number of other companies that conduct their activities on an autonomous basis. Conglomerates can be created in a variety of methods, including acquisitions and acquisitions.
What phrase best sums up businesses?
Typical synonym for business include employment, métier, career, pursuit, and work. The word "business" indicates activity in industry or the management of funds, but all of these concepts allude to "a definite persistent aim of engaging in order to earn one's living." the management function
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On March 25, 2014, Patton Company sold merchandise on account,$10,000. The applicable sales tax percentage is 8.5%. Record the transaction.
Answers
Answer:
Kindly see attached picture
Explanation:
Sales tax percentage= 8.5%
Sales = 10,000
Sales tax payable = 0.085 × 10000 = 850
Accounts payable = 10000 + 850 = 10850
Kindly see attached picture for journal entry
7. Expando, Inc, is considering the possibility of building an additional factory that would produce a new addition to its product line. The company is currently considering two options. The first is a small facility that it could build at a cost of $6.2 million. If demand for new products is low, the company expects to receive $10.1 million in discounted revenues (present value of future value) with the small facility. On the other hand if demand is high, it expects $12.5 million in discounted revenue using the small facility. The second option is to build a large factory at a cost of $9 million. Were demand to be low, the company would expect $10.1 million in discounted revenues with the large plant. If the demand is high, the company estimates that the discounted revenue would be $14.3 million. In either case, the probability of demand being high is 40%. Not constructing a new factory will result in no additional revenue this year but Expando may consider building the additional factory again next year where demand uncertainty has been realized but this reduces discounted revenues by 10%. Assuming that discount rate is 1, (there is no interest rate) construct a decision tree to help Expando make the best decision.
Answers
A decision tree is a graphical representation of all possible outcomes of a decision-making process. In this case, Expando would have to decide whether or not to build a new factory that would produce a new addition to its product line.
The decision tree would take into account the costs associated with the two options, the expected revenues based on the probability of demand being high or low, and the discounted rate. The decision tree can also account for the possibility of Expando deciding not to build a new factory this year, but instead consider building it again next year.
The decision tree would provide Expando with the information it needs to make the best decision for its business. It would consider all of the factors such as cost, revenues, and discounted rate, and help Expando to visualize the potential outcomes of each decision. This would allow Expando to make an informed decision that will be best for its long-term business strategy.
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On january 3, 2013, persoff corporation acquired all of the outstanding voting stock of sea cliff, inc. In exchange for $6,000,000 in cash. Persoff elected to exercise control over sea cliff as a wholly owned subsidiary with an independent accounting system. Both companies have december 31 fiscal year-ends. At the acquisition date, sea cliff's stockholders' equity was $2,500,000 including retained earnings of $1,700,000.Persoff pursued the acquisition, in part, to utilize sea cliff 's technology and computer software. These items had fair values that differed from their values on sea cliff 's books as follows:
Answers
Answer:
It is a wholly owned subsidiary so the Income Statement will include the figures of both the companies in the consolidated Income Statement. However the equity side of Balance Sheet will include share capital of only the parent company and include retained earnings of both the companies, assets will added up of the two companies and reported in the Balance Sheet however goodwill of the subsidiary will also be reported and liabilities will also be added up and reported in a same manner.
Explanation:
Because the data is not completely provided a general idea is provided here:
It is a wholly owned subsidiary so the Income Statement will include the figures of both the companies in the consolidated Income Statement. However the equity side of Balance Sheet will include share capital of only the parent company and include retained earnings of both the companies, assets will added up of the two companies and reported in the Balance Sheet however goodwill of the subsidiary will also be reported and liabilities will also be added up and reported in a same manner.
Income that is received as wages and is not adjusted for inflation is called ______ income. Multiple choice question.
Answers
Income that is received as wages and is not adjusted for inflation is called disposable income.
What is disposable income?Disposable income is the available money for an individual to spend.
Charges such as tax will have been removed and the remaining is what an household spends.
Therefore, Income that is received as wages and is not adjusted for inflation is called disposable income.
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Each time Eddie's Cars sells a vehicle, the company receives a larger discount from the manufacturer. At the end of the fiscal year, the company often slashes its prices by several hundred dollars per car because that amount will be more than offset by the increased discount the company receives from the manufacturer. The manufacturer is giving Eddie's Cars ______. Multiple choice question. a seasonal discount zone pricing a cumulative quantity discount a slotting allowance
Answers
Answer:
a cumulative quantity discount
Explanation:
The cumulative quantity discount is the discount that is depend on the value of the good purchased over a time period. The discount would be applied for any kind of shipments that made within the timeframe.
Just like if wholesaler make an offer that if the purchase is done more than $5,000 so 5% discount is applied
So according to the given situation, it represent the cumulative quantity discount
Describe how to make an electronic payment.
Answers
Answer:
In the explanation. :)
Explanation:
Each bank as similar ways when it comes to making an electronic payment. Once you are in your bank information on your phone or computer, you can set up a payment in the payments/bills section. You add the information to the bill you wish to pay and then you send the amount you want to pay ont he date you schedule it for.
Hope this helps. Have a great weekend.
locking a cell so that others cannot alters its contents is know as
Answers
Answer:
The correct answer is cell protection.
Explanation:
It is when you prevent others to edit or change the contents of certain cells in a sheet. In doing this, you first unlock all cells. Then, select the cells you want to lock then select the option to lock them. Hope this helped.
Answer:
The answer is Cell protection.
Who is a microeconomic decision maker?
A. the director of an international trade organization
B. the entrepreneur of a firm
C. the finance minister of a government
D. the governor of a central bank
Answers
Answer:
the finance minister of a government
comparing early triassic and late jurassic paleogeography, shows that have moved much farther north than arabia during this interval.
Answers
Comparing Early Triassic and Late Jurassic paleogeography, shows that North and South China have moved much farther north than Arabia during this interval.
What is paleogeography?The study of historical geography, primarily physical landscapes, is known as paleogeography. The study of human or cultural contexts can be a part of paleogeography. Paleogeomorphology is occasionally used alternatively when the emphasis is solely on landforms.
The study of ancient geography, primarily physical landscapes, is known as palaeogeography. The study of human or cultural contexts can be a part of paleogeography. Paleogeomorphology is occasionally used alternatively when the emphasis is solely on landforms.
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complete question;
Comparing Early Triassic and Late Jurassic paleogeography, shows that __________ have moved much farther north than Arabia during this interval.
what suggestions would you make to bob collins about his layout
Answers
I need more information as you provided information is insufficient.
However, here are some general suggestions that could be helpful for improving the layout of any kind:
1. Keep it simple: A cluttered or complex layout can be confusing and overwhelming for the user. It's important to keep the design simple and easy to navigate.
2. Use a grid system: A grid system can help you create a balanced and harmonious layout. It also makes it easier to align elements and maintain consistency across different pages.
3. Choose a color scheme: A well-chosen color scheme can enhance the visual appeal of your layout and create a cohesive look. Be mindful of the psychology of colors and use them strategically to convey the right mood or message.
4. Use whitespace: Whitespace is the empty space around elements on your layout. It's important to use whitespace effectively to create a clean and uncluttered look.
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Use the following to answer the questions. Suppose that Ray-Ban is considering a new line of sunglasses that would be sold in major department stores. The new line would be positioned as a more distinctive brand than the typical glasses sold through department stores, and would be priced higher than other brands in the store, but a lower price line than the current Ray-Ban lines that are sold through more selective stores. In determining the price for this sunglass line, Ray-Ban wants to gather information about all brands sold in department stores and about customers' perceptions of those brands. Refer to Scenario 12.3. Ray-Ban's plan of gathering information about the other brands sold in department stores, including their prices, would most likely be used in a ____ basis for pricing.
Answers
Answer: Demand based pricing
Explanation:
Ray-Ban's plan of gathering information about the other brands sold in department stores, which includes their prices, would most likely be used in a demand based basis for pricing
Demand-based pricing, refers to the method of pricing whereby the fluctuations in the demand of consumers is considered.
Due to the flctuations, the prices are adjusted in a way that fits the changes in the values of the product.
John is a registered agent with ABC Brokerage, a registered securities broker-dealer in the State. Mike is a registered agent of XYZ Insurance Brokerage, a registered insurance agency in the State. John is not registered with the State to sell insurance and Mike is not registered with the State to sell securities. Mike verbally agrees with John that Mike will tell his insurance clients to do their securities trades with John, for which John will pay Mike 25% of the commission charged to the customer. This is a violation known as:
Answers
In this question the violation that is committed here is what is called splitting commission.
What is splitting commission?
This can be described to be a commission that is split between two people or more.
The commission is split when the person that got the job decides to split with the other party that linked him up with a client.
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