On December 31 wintergreen, incorporated, issued $150,000 of 7 percent, 10-year bonds for cash of $139,875. the total cost of borrowing equals $10,125.
This can be calculated by subtracting the cash received from the bond issuance ($139,875) from the total amount of the bond issuance ($150,000) to get the amount borrowed ($10,125). Then, multiplying the amount borrowed by the annual interest rate (7%) and the number of years (10) gives the total cost of borrowing.
Amount borrowed = $150,000 - $139,875 = $10,125
Total cost of borrowing = $10,125 x 0.07 x 10 = $7,087.50
The total cost of borrowing is $7,087.50 + $3,037.50 (the amount of interest paid over the 10-year period) = $10,125.
Therefore, The total cost of borrowing for Wintergreen, Incorporated is $10,125.
To know more about cost refer here :
https://brainly.com/question/28147009
#SPJ11
What is The movement of the economy from
one condition to another ohd bach again?
Answer:
Business Cycles is the right answer
Explanation:
What are some problems related to recovering oil from oil sands? CHOOSE ALL THAT APPLY Large amounts of water are required for processing the oil resulting in contaminated water.Extracting the oil requires a high amount of energy expenditure.Land disturbance in the local area results from moving large quantities of rock and sedimen
Recovering oil from oil sands is a complex process that comes with several environmental challenges. The large amounts of water required for processing the oil result in contaminated water, the extraction process requires a high amount of energy expenditure, and significant land disturbance occurs in the local area.
There are several problems related to recovering oil from oil sands. These include:
1. Large amounts of water are required for processing the oil resulting in contaminated water. Oil sands are mixed with water to create a slurry that can be transported to the processing plant. This process requires a lot of water, and the resulting wastewater is contaminated with a variety of toxins, including heavy metals, naphthenic acids, and polycyclic aromatic hydrocarbons (PAHs).
2. Extracting the oil requires a high amount of energy expenditure. Recovering oil from oil sands is an energy-intensive process that requires a lot of heat and pressure to separate the bitumen from the sand. This process is often powered by fossil fuels, which contributes to greenhouse gas emissions and climate change.
3. Land disturbance in the local area results from moving large quantities of rock and sediment. The process of mining oil sands involves removing large amounts of overburden (rock and sediment) to access the oil sands below. This can result in significant land disturbance and habitat loss for wildlife.
In conclusion, recovering oil from oil sands is a complex process that comes with several environmental challenges. The large amounts of water required for processing the oil result in contaminated water, the extraction process requires a high amount of energy expenditure, and significant land disturbance occurs in the local area. These issues highlight the importance of finding more sustainable and environmentally-friendly alternatives to fossil fuels.
To know more about extraction visit:
brainly.com/question/31166291
#SPJ11
Which questions about risk should someone ask before making a big purchase?
Answer:
what problems could be dangerous?
Explanation:
maryann understands that if she charges a price that is too high for her crepes, fewer people will want to buy them. to analyze how many units will be sold at any given price point, crepes a la nana must rely on
Maryann's understanding is correct, as pricing is one of the most important factors that influence the demand for any product. Crepes a la Nana must rely on the concept of price elasticity of demand to analyze how many units will be sold at any given price point.
Price elasticity of demand is a measure of the responsiveness of the quantity demanded of a product to a change in its price. If the demand for crepes is elastic, a small change in price will result in a large change in the quantity demanded. Conversely, if the demand is inelastic, a change in price will not have a significant effect on the quantity demanded.
By analyzing the price elasticity of demand, Crepes a la Nana can determine the optimal price point that maximizes their revenue while still ensuring that enough customers will be willing to purchase their delicious crepes.
To determine how many units will be sold at any given price point, Maryann and Crepes a la Nana must rely on the concept of price elasticity of demand. This concept measures the responsiveness of the quantity demanded of a good to a change in its price.
By understanding the price elasticity of demand, Maryann can make informed decisions about the pricing of her crepes to maximize revenue and maintain a balance between supply and demand.
To know more about the elasticity of demand, visit:
https://brainly.com/question/30465432
#SPJ11
which of the following is one of the primary driving forces behind racial disparities in wealth?
One of the primary driving forces behind racial disparities in wealth is historical and ongoing systemic racism.
For centuries, Black Americans and other people of color have faced discriminatory policies and practices that have hindered their ability to accumulate wealth. For example, redlining, a practice that denied mortgage loans to Black Americans in certain neighborhoods, prevented them from purchasing homes in areas with increasing property values, leading to limited opportunities for wealth accumulation through property ownership. Additionally, discriminatory lending practices and job discrimination have further limited opportunities for wealth accumulation. These systemic issues have led to a significant wealth gap between white Americans and people of color, with white families having a median wealth of $171,000 compared to just $17,150 for Black families. Addressing these systemic issues is crucial to closing the racial wealth gap and promoting equity and justice.
To know more about racial disparities visit:
https://brainly.com/question/30397134
#SPJ11
if you had virtually unlimited financial resources at your disposal what would you begin doing with your life?
If I had virtually unlimited financial resources at my disposal, I would begin by investing in the stock market and real estate.
I would also use some of the money to start my own business or venture that aligns with my interests and skills. Also I would travel the world and experience different cultures, foods, and lifestyles. This experience would open your eyes to the world's diversity and inspire you to make a positive change in your community Finally, I would donate a portion of the money to charitable causes that help those in need.
To know more about financial resources click on below link :
https://brainly.com/question/13286197#
#SPJ11
Which of the following is NOT a basic statistic?
Mean
Area
Median
Mode
the answer is AREA (b) bcos all the other are general basic statists
answer the two questions in the screenshot pls:
Answer:
One high end product I want to buy in the future is a thread ripper. It is a processor which is one of the reasons why a computer will run. It is like the heart, it makes all the components work
the customer will want to know that the product is one of the most expensive out there but it is defiantly worth the money. you have to have a good enough mother board to run the thread ripper though. You also need DDR 4 ram at least which makes the computer components work faster and gets rid of lag of course
Explanation:
types of shares in a business
Answer:
ordinary shares
non-voting shares
redeemable shares
preference shares
Explanation:
crazy what a quick go ogle search can do! :)
What should customer service representatives use to achieve a win-win outcome between customers and their employer?
both hard and soft skills
sales strategies
persuasion
goals and objectives
Answer:
i think it is the 3rd one I'm not sure but I need help on one of mine and it would be really good if you can help me I will appreciateit
Which of the following theories of marketing channels is likened to the social process within value chains:
Resource advantage theory
Relationship marketing theory
Political economy theory
The theory of marketing channels that is likened to the social process within value chains is Relationship marketing theory.
Relationship marketing theory emphasizes the importance of building and maintaining long-term relationships with various channel members, including suppliers, distributors, retailers, and customers. It recognizes that successful marketing channels rely on effective communication, trust, cooperation, and collaboration between the different entities involved. In the context of value chains, which encompass the entire process from production to consumption, relationship marketing theory highlights the significance of fostering strong social connections and interactions among the participants. It emphasizes the development of mutually beneficial relationships, customer loyalty, and customer satisfaction through personalized interactions and added value. Resource advantage theory, on the other hand, focuses on the strategic use of resources to gain a competitive advantage, while political economy theory examines the influence of political and economic factors on marketing channel decisions.
learn more about marketing channels here:
https://brainly.com/question/31017713
#SPJ11
Effective service recovery efforts can lead to _____.
Effective service recovery efforts can lead to all of the following EXCEPT increased dependence on technology to prevent future service failures. Thus the correct option is A.
What is a service?Services are referred as a type of goods that is offered to someone in terms of facilities like the one received in a restaurant or shopping mall. It is a type of commodity or product that is intangible in nature, one can only feel it.
Effective service recovery efforts can lead to better satisfaction to the ultimate consumer and they feel valued and delighted. This helps in retaining them for a longer duration of time building loyalty and goodwill in the market.
Therefore, option A is appropriate.
Learn more about Services, here:
https://brainly.com/question/13540066
#SPJ1
The complete question is Probably
Effective service recovery efforts can lead to all of the following EXCEPT
a. increased dependence on technology to prevent future service failures.
b. increased purchase intentions.
c. increased positive word of mouth.
d. lower levels of satisfaction than prior to the service failures.
e. increased customer satisfaction.
Which of the following is part of the treatment of multi-year pledges as required by FASB Statement No. 116? A)At the end of each accounting period, the difference between the balance in the receivable account and the new present value is deducted from the amount of the amount received from the donor which is recorded as income B)Pledge receivable is recorded for the total amount to be received and revenue is recorded each year as monies are received by the organization. C)The donation is recorded as a receivable at the present value of the future collections but revenue is not recorded until the pledge is received. D)At the end of each accounting period, the difference between the balance in the receivable account and the new present value is recorded as contribution revenue and the receivable is increased.
The treatment of multi-year pledges as required by FASB Statement No. 116 is option D. At the end of each accounting period, the difference between the balance in the receivable account and the net present value is recorded as contribution revenue, and the receivable is increased.
According to this treatment, at the end of each accounting period, the organization calculates the difference between the balance in the receivable account and the net present value of the remaining future collections. This difference is then recorded as contribution revenue, recognizing the value of the pledge received during that period. Simultaneously, the receivable account is increased to reflect the remaining balance of the pledge yet to be collected.
This treatment ensures that revenue recognition is aligned with the accrual accounting principle, where revenue is recognized when it is earned rather than when cash is received. By recognizing the contribution revenue based on the net present value, the organization accounts for the time value of money, as future collections are discounted to their present value.
Options A and B are incorrect because they suggest deducting or recording revenue based on the difference between the receivable balance and the net present value, which does not align with FASB Statement No. 116. Option C is also incorrect because it suggests recording the donation as a receivable at the present value of the future collections but delaying revenue recognition until the pledge is received, which is not in line with FASB Statement No. 116.
Therefore, option D accurately reflects the treatment of multi-year pledges as required by FASB Statement No. 116, ensuring proper revenue recognition and financial reporting for nonprofit organizations. Therefore, the correct option is D.
Know more about FASB Statement here:
https://brainly.com/question/32333943
#SPJ8
A large bakery buys flour in 25 kg bags. The bakery uses an average of' 4,860 bags a year. Preparing an order and receiving a shipment of flour bags involves a cost of $10 per order. Annual holding cost is $5 per flour bag. a) Determine the economic order quantity.
b) What is the average number of bags on hand (i.e., in inventory)?
c) How many orders per year will there be?
d)Calculate the total annual cost of ordering and holding flour.
e)If ordering costs were to increase by 50 percent order, by what percentage would the EOQ change?
a) Economic Order Quantity(EQO):Economic Order Quantity can be calculated using the following formula. \(EOQ = \sqrt{\frac{2DS}{H}}\)Where D = Annual Demand in Units S = Ordering Cost per Order H = Annual Holding Cost per UnitThen EOQ will be: \(EOQ
= \sqrt{\frac{2*4,860*10}{5}}\)= \(\sqrt{19,440}\) = \(139.28\) (approx.)The economic order quantity is 139 bags.b) Average Number of Bags on Hand:To find out the average number of bags on hand, we can use the following formula: \(Average\ number\ of\ bags\ on\ hand = \frac{EOQ}{2}\)= \(\frac{139}{2}\) = \(69.5\) (approx.)The average number of bags on hand is 69.5 bags.c)
Number of Orders per Year:We can find the number of orders per year by using the following formula: \(Number\ of\ Orders\ per\ Year = \frac{D}{EOQ}\)= \(\frac{4,860}{139}\) = \(34.89\) (approx.)So, there will be 34 orders per year.d) Total Annual Cost of Ordering and Holding Flour:Total Annual Cost of Ordering and Holding Flour can be calculated using the following formula:
To know more about Economic visit:
https://brainly.com/question/14355320
#SPJ11
To use the calculator in a
spreadsheet what button do you
push?
A. the minus key
B. the shift key
C. the equals key
To use a calculator in a spreadsheet, you typically use the equals key Option C.
The equals key is used to indicate that you want to perform a calculation or formula in a cell within the spreadsheet.
In most spreadsheet software, such as Microsoft Excel you start a formula or calculation by typing an equals sign (=) followed by the desired mathematical expression. For example, "=A1+B1" would add the values in cells A1 and B1.
By pressing the equals key, you signal to the spreadsheet program that you want to perform a calculation rather than simply entering a value or text. The program then evaluates the formula or expression and displays the result in the cell.
The equals key is essential for performing mathematical operations, creating formulas, and conducting calculations in spreadsheets. It allows you to leverage the computational capabilities of the software and perform various tasks, such as summing values, averaging data, or applying complex functions.
In summary, to use a calculator in a spreadsheet, you push the equals key to indicate that you want to perform calculations or formulas within the spreadsheet program. SO Option C is correct.
For more question on equals visit:
https://brainly.com/question/31601168
#SPJ8
"free enterprise" and "________________" are terms for an economy based on private businesses competing for profits in open markets with minimal government regulations.
Answer:
entrepreneurship for them and
if the parent company owns 90% of the subsidiary company's outstanding common stock, the company should generally account
If the parent company owns 90% of the subsidiary company's outstanding common stock, the company should generally account for the subsidiary using the equity method of accounting.
This method involves recording the investment as an asset on the parent company's balance sheet and recognizing the subsidiary's net income as a proportional increase in the parent company's equity. Additionally, any dividends received from the subsidiary should be recorded as a reduction of the investment balance. The equity method is appropriate when the parent company has significant influence over the subsidiary, but not control. If the parent company has control over the subsidiary, it should consolidate the subsidiary's financial statements with its own. It's important for companies to properly account for their investments in subsidiaries to provide accurate financial information to investors and stakeholders.
To learn more about common stocks, visit:
https://brainly.com/question/11453024
#SPJ11
You just celebrated your 21st birthday and you decide it is a good time to start investing for your retirement at age 65.
You have decided to start by determining how much you will need. You figure you will need approximately $5,000 per month during retirement until you turn 80, and then you expect to need $8,000 per month (to cover additional medical and support needs) until the end of your life. Given your family history, you expect to live until 90. You want to make your first withdrawal on the first day of your retirement and continue to withdraw your funds at the beginning of each month thereafter. During retirement, you estimate that your funds will continue to earn 0.25% per month.
Starting next month, you plan to invest in a medium risk fund and earn, on average, 9% per year, based on monthly compounding.
How much will you need to have saved up by the time you retire?
How much will you need to contribute, starting next month, if you want to achieve your retirement goals?
A) Total savings needed = PV1 + PV2 = $558,642.23 + $698,229.13 = $1,256,871.36
B) if you want to achieve your retirement goals, you would need to contribute approximately $244.13 per month starting from next month.
To determine how much you will need to have saved up by the time you retire, we can calculate the present value of your retirement expenses.
First, let's calculate the number of months you will be in retirement. Since you plan to retire at age 65 and live until 90, that's a retirement period of 25 years, which is equivalent to 300 months.
Next, we'll calculate the present value of the retirement expenses. From age 65 to 80, you will need $5,000 per month, and from 80 to 90, you will need $8,000 per month. To calculate the present value, we discount these future cash flows back to the present using the monthly interest rate of 0.25% and the number of months in retirement.
Present value of expenses from age 65 to 80:
PV1 = $5,000 * [(1 - (1 + 0.0025)^-180) / 0.0025] = $558,642.23
Present value of expenses from age 80 to 90:
PV2 = $8,000 * [(1 - (1 + 0.0025)^-120) / 0.0025] = $698,229.13
Now, let's add the two present values to find the total amount you will need to have saved up by the time you retire:
Total savings needed = PV1 + PV2 = $558,642.23 + $698,229.13 = $1,256,871.36
To calculate how much you need to contribute starting next month, we'll use the future value formula and solve for the monthly contribution. The future value needed at retirement is $1,256,871.36, the interest rate is 9% per year (0.75% per month), and the number of months until retirement is 444 (37 years).
Contribution per month:
Contribution = $1,256,871.36 / [(1 + 0.0075)^444 - 1] = $244.13
Therefore, if you want to achieve your retirement goals, you would need to contribute approximately $244.13 per month starting from next month.
For more question on retirement
https://brainly.com/question/29981887
#SPJ8
The ________ in a country's GDP during a recession is smaller if wages are ________.
Select one:
a. increase; flexible
b. fall; rigid
c. fall; flexible
d. increase; rigid
The contraction in a country's GDP during a recession is smaller if wages are flexible, enabling businesses to adjust labor costs in response to changing economic conditions
During a recession, the performance of a country's economy declines, leading to a decrease in overall economic activity and output. The flexibility of wages plays a crucial role in determining the impact of a recession on a country's GDP. When wages are flexible, meaning they can adjust downward in response to economic conditions, it allows for greater cost reductions for businesses. As a result, businesses are better able to adjust their labor costs to match the lower demand, which can help mitigate the negative effects of the recession on the economy.
In contrast, rigid wages, where wages are fixed or resistant to downward adjustments, can impede the necessary adjustments in labor costs during a recession. This can lead to challenges for businesses, as they may struggle to reduce labor expenses to align with the reduced demand for goods and services. Consequently, this can contribute to larger contractions in GDP during a recession. Flexible wages allow for a more efficient allocation of resources and can support a quicker recovery once economic conditions start improving.
Therefore, in the context of the given options, the correct answer is option a: increase; flexible.
To learn more about GDP click here: brainly.com/question/30504843
#SPJ11
Emirates Airlines: Evaluate the strength of the competitive forces in the airline industry using the Porter’s 5 Forces framework. How does Emirates’ approach to competing in this industry influence the competitive forces it faces? How has it benefited from the broader changes in the external environment and what should it be concerned about in future? Please can you help me do this case analysis?
Strength of competitive forces in the airline industry: Emirates Airlines has a strong competitive position in the airline industry, as evaluated using Porter's Five Forces framework.
The analysis of the competitive forces is as follows: 1. Threat of new entrants: The airline industry has high barriers to entry due to significant capital requirements, regulations, and established networks. Emirates has benefited from this by building a strong brand and establishing a vast global network, making it difficult for new entrants to compete.
2. Bargaining power of suppliers: Emirates has strong bargaining power over suppliers, particularly aircraft manufacturers, due to its large fleet size and substantial orders. This allows Emirates to negotiate favorable deals and maintain a competitive edge. 3. Bargaining power of buyers: Customers in the airline industry have relatively high bargaining power due to the availability of multiple airline options. However, Emirates has managed to differentiate itself through superior customer service, modern fleets, and luxurious amenities, reducing the bargaining power of buyers. 4. Threat of substitute products or services: There are limited substitutes for air travel, especially for long-haul international flights. While other airlines may serve as substitutes, Emirates has positioned itself as a premium carrier with a strong focus on customer experience, which differentiates it from low-cost carriers and offers a unique value proposition. 5. Intensity of competitive rivalry: The airline industry is highly competitive, with numerous global and regional players. However, Emirates has successfully differentiated itself through its hub-and-spoke model, connecting travelers from different parts of the world through its Dubai hub. This has allowed Emirates to establish a strong competitive position and expand its market share. Emirates has benefited from broader changes in the external environment, such as the growing demand for international travel, the expansion of middle-class populations, and the emergence of new tourism destinations. These factors have contributed to the airline's growth and profitability. However, Emirates should be concerned about several factors in the future. These include geopolitical uncertainties, fuel price volatility, regulatory changes, and the impact of global events on travel demand. Additionally, the ongoing COVID-19 pandemic has severely affected the airline industry, leading to reduced travel and financial challenges. Emirates needs to adapt to changing customer preferences, technological advancements, and sustainability requirements to maintain its competitive position in the industry.
Learn more about framework here:
https://brainly.com/question/29584238
#SPJ11
If demand is relatively inelastic, and the supply curve is upward-sloping, then the burden of an excise tax is:
a. borne mostly by consumers.
b. borne mostly by producers.
c. shared by consumers and producers, with the burden falling mainly on consumers.
d. shared by consumers and producers, with the burden falling mainly on producers.
The burden of an excise tax, in the given scenario of relatively inelastic demand and an upward-sloping supply curve, falls mostly on consumers.
When demand is relatively inelastic, it means that consumers are less responsive to changes in price. If an excise tax is imposed on the product, the price paid by consumers will increase. However, because demand is inelastic, consumers will continue to purchase the product despite the price increase, thus bearing the majority of the burden.
On the other hand, if the supply curve is upward-sloping, it indicates that producers face increasing costs as they increase production. The tax burden may lead to reduced profits for producers, but they have some ability to pass on the tax to consumers through higher prices. Nonetheless, the relatively inelastic demand means consumers are less likely to shift their purchasing behavior, resulting in a higher proportion of the tax burden falling on consumers rather than producers.
Therefore, the correct answer is c. shared by consumers and producers, with the burden falling mainly on consumers.
Learn more about Demand click here :brainly.com/question/14456267
#SPJ11
as part of a team you are assigned to create appointment to report one of your asses to put people together and another team sent them to you you already have the title page summary and introduction in the place next you should put the A.table of contents B.appendices C.main body D.conclusion and recommendation
Answer: C.
Explanation:
how old do you have to be to work at baskin robbins in texas
Answer: 14
Explanation:
Srry if wrong hope this helps
An instrument used to enlarge or reduce a map is known as
Answer:
pantograph
Explanation:
you can use a pantograph to do this.
Where is the row selector located in Datasheet view?
above the top row of data
below the last row of data
to the left of the leftmost data
to the right of the rightmost data
Answer:
to the left of the leftmost data
Explanation:
A database management system (DBMS) can be defined as a collection of software applications that typically enables computer users to create, store, modify, retrieve and manage data or informations in a database. Generally, it allows computer users to efficiently retrieve and manage their data with an appropriate level of security.
A Datasheet view is simply the rows and columns of data in a table that are being displayed in database software application such as Microsoft Access and Excel.
In DBMS, rows are numbered numerically as 1, 2, 3, 4, 5, etc. from top to bottom while columns are labeled alphabetically as A, B, C, D, E, etc. from left to right. Thus, a row is the horizontal arrangement of cell while column is the vertical arrangement of cell in a spreadsheet (table of cells).
Generally, the row selector is located to the left of the leftmost data in Datasheet view.
Answer:
c
Explanation:
The continuous cycle of improving job performance through defining performance, monitoring and evaluating performance, reviewing performance, and providing consequences is known as _____. multiple choice question.
The continuous cycle of improving job performance through defining performance, monitoring and evaluating performance, reviewing performance, and providing consequences is known as the performance management cycle.
It is a strategic approach to managing employee performance that aligns organizational goals with individual objectives, and aims to improve employee productivity, engagement, and development.
The performance management cycle begins with setting performance expectations and goals that are specific, measurable, achievable, relevant, and time-bound.
Once performance expectations are defined, managers can monitor and evaluate employee performance using various methods such as self-assessments, peer evaluations, and supervisor ratings. This information is then used to review employee performance and provide feedback, coaching, and development opportunities.
Consequences are an integral part of the performance management cycle as they serve as a motivator for employees to achieve their goals and improve their performance.
Consequences can be positive or negative and may include rewards such as bonuses, promotions, and recognition or corrective actions such as training, coaching, and disciplinary measures.
Overall, the performance management cycle is a continuous process that helps organizations to improve employee performance, achieve their goals, and enhance organizational effectiveness.
To know more about performance management cycle refer to-
https://brainly.com/question/28273382
#SPJ11
Pure Wakalah Model is described by the following features, except; a Underwriting surplus, if any, will be returned bank to the Takaful fund O b. The operator is rewarded as an agent that manage the Takaful on behalf of the participants OC. The operator is rewarded with a commission which is tied with its performance Od. Investment profits, if any, will be shared according to an agreed ratio Question 4 Not yet answered Marked out of 1.00 P Flag question Among the differences between Family and General Takaful are the following: EXCEPT: O a. General Takaful will not be terminated upon the payment of a claim during the tenure O b. General Takaful cover risk of the participants during certain period with a renewable option General Takaful has one account called participant investment account O O d. General Takaful usually covers for shorter term period than that of Family Takaful Question 5 Not yet answered Marked out of 1.00 P Flag question Previous page Which of the following is the mostly established takaful model? a. Musawamah Ob. Tawwaruq Oc Od. Wakalah Bal Bithaman Ajil Question 7 Not yet answered Marked out of 1.00 P Flag question There are 2 types of Takaful business, which are and. O a. General takaful and household takaful O b. Family takaful and Hazard takaful O e family solidarity takaful business and general takaful business Od. Specific Takaful and general takaful business
Q4) Among the differences between Family and General Takaful are the following, except: General Takaful will not be terminated upon the payment of a claim during the tenure. (Option A)
Q5) The most established Takaful model is Wakalah. (Option D)
Q7) The two types of Takaful business are General Takaful and Household Takaful.
Q4) Family Takaful and General Takaful are two types of Takaful business models. While both involve risk coverage and mutual cooperation, there are some differences between them. One key distinction is that General Takaful covers risks for a shorter-term period compared to Family Takaful.
Family Takaful provides coverage for longer-term periods, often extending throughout an individual's lifetime or a specified term. On the other hand, General Takaful typically offers coverage for shorter-term durations, such as one year or specific periods based on the participants' needs.
Additionally, in Family Takaful, the policy does not terminate upon the payment of a claim during the tenure. This means that even if a claim is made and paid out, the coverage under the Family Takaful policy continues. However, this is not the case in General Takaful, as the policy may terminate or need to be renewed after a claim is paid.
Q5) Among the various Takaful models, the Wakalah model is the most commonly established and widely used. The Wakalah model operates on the principle of agency, where the operator or Takaful company acts as an agent and manages the Takaful operations on behalf of the participants.
In the Wakalah model, the operator is rewarded with a commission that is tied to its performance in managing the Takaful fund. This model allows for the separation of the Takaful fund's surplus and investment profits from the operator's compensation. Any underwriting surplus is returned to the Takaful fund, and investment profits, if any, are shared according to an agreed-upon ratio.
The Wakalah model provides a transparent and structured approach to managing the Takaful operations, ensuring that the operator's compensation is linked to its performance while safeguarding the interests of the participants and the Takaful fund.
Q7) General Takaful encompasses a range of non-life insurance products and covers various risks, including property, liability, motor, marine, and travel insurance. It provides protection against financial losses arising from these risks for individuals, businesses, and organizations.
On the other hand, Household Takaful is a specific category of Takaful that focuses on providing protection and coverage for individuals and their households. It includes policies related to home insurance, personal accident insurance, medical expenses, and other similar coverages aimed at safeguarding the well-being and assets of individuals and their families.
Both General Takaful and Household Takaful operate based on the principles of Takaful, which emphasize mutual cooperation, risk-sharing, and adherence to Islamic principles. These types of Takaful businesses offer Shari'ah-compliant insurance solutions to individuals and businesses, allowing them to manage their risks while ensuring compliance with Islamic ethical standards.
Learn more about insurance products here:
https://brainly.com/question/1584392
#SPJ11
Simply Imagine wants to grow their company but is hindered by increasing labor costs and import quotas.
Simply Imagine should consider becoming a(n)
(A) countertrader (B) wholly owned subsidiary (C) strategically(D) mulimatiomnal (E) franchiser
Answer:
multinational
Explanation:
A multinational business operates in at least one other country apart from its home country. The company will have factories/ offices in different countries and its headquarters in the domicile state. The operations of a multinational are coordinated at its headquarters.
By becoming a multinational, simple imagine can expand in countries with relatively cheap labor. It will overcome the import quota challenge by operating from a country without restrictions or from the source state.
_________ involves system developers writing a business case to justify funding one or more specific applications or projects._________ involves system developers writing a business case to justify funding one or more specific applications or projects.
Answer:
The question is incomplete, the options are missing. The options are the following:
a) Breakeven analysis
b) The business case approach
c) NPV
d) ROI
And the correct answer is the option B: The business case approach.
Explanation:
To begin with, the concept known as "Business case approach" is a type of approach that mainly focuses in the supporting of certain topics for the company in order improve the processes of the organization and its work. Moreover, it gives support to the planning and investing process against outcomes that could harm the company. This type of concept is used mainly by the organizations in the transport sector so that they could use it as a guidance in order to seek for investment.
Companies may use ________ and ________ to allow employees to have secure, rapid access to their compensation.
Companies may use electronic payroll systems and direct deposit to allow employees to have secure, rapid access to their compensation.
Payroll is the strategy for paying representatives of a firm, to just put it. It involves gathering the rundown of representatives who need to paid, monitoring the hours worked, sorting out every worker's remuneration, speedily dispensing the installment, and checking Payroll costs. Programming that computerizes the finance cycle is known as a finance framework. These frameworks, which are utilized to follow representatives' functioning hours, figure compensations, process assessments and derivations, print pay slips, and so on, can be joined with leave and participation global positioning frameworks and worker self-administration gateways. Payroll is the complete of all advantages that a business should give to its workers to a foreordained time span or on a foreordained date.
Know more about Payrolls - https://brainly.com/question/30066465
#SPJ4