If insurance companies are required to offer coverage to all interested people, it is said that premiums for each person will be increased. Assume that the insurance market is perfectly competitive. What is the major reason for raising the premium

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Answer 1

Answer:

to make sure that your company gets the upper hand and to make more money off of your premium then what the other companies are making

Explanation:


Related Questions

Suppose you have $12,000 in your checking account. You withdraw $500 cash from your account and hide it under your pillow for future use. If the required reserve ratio is 10%, then what will be the maximum impact on money supply today as a result of your action

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The maximum impact on money supply today as a result of your action is: Money supply will decrease by $4,500.

Required reserve= 10% × $12,000

Required reserve= $1,200

Loan= Total deposit - Required reserves

Loan= $12,000 - $1,200

Loan= $10,800

Money supply =1/.10×$10,800

Money supply=$108,000

Money supply before withdrawal is $108,000.

After withdrawal of $500:

Deposit= $12,000 - $500

Deposit= $11,500

Required reserve= 10% × $11,500

Required reserve=$1,150

Loan= Total deposit - Required reserves

Loan=$11,500 - $1,150

Loan= $10,350

Money supply=1/.10×$10,350

Money supply=$103,500

Decrease in money supply:

Decrease in money supply= $108,000 - $103,500

Decrease in money supply= $4,500

Inconclusion the maximum impact on money supply today as a result of your action is: Money supply will decrease by $4,500.

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TB MC Qu. 24-110 Alfarsi Industries uses the net present value... Alfarsi Industries uses the net present value method to make investment decisions and requires a 15% annual return on all investments. The company is considering two different investments. Each require an initial investment of $15,800 and will produce cash flows as follows: End of Year Investment A B 1 $ 8,800 $ 0 2 8,800 0 3 8,800 26,400 The present value factors of $1 each year at 15% are: 1 0.8696 2 0.7561 3 0.6575 The present value of an annuity of $1 for 3 years at 15% is 2.2832 The net present value of Investment A is: _________
a) $(15,800).
b) $(20,093).
c) $10,600.
d) $4,292.
e) $17,358

Answers

Answer:

5x+1

Explanation:

Which of the following is the best advice for written communication that is highly important?

a. Use jargon
✔ b. Get a second opinion
c. Use pretentious language
d. Use technology channels to distribute the message
e. Keep it long

Answers

Answer:

"D" is the correct answer!

Explanation:

Written communication is the use of a printed message, such as letters, training manuals, memos, proposals and emails. Emails. memos etc are all technology channels or apps.

Statement that serves as best advice for written communication which very important is B:Get a second opinion.

Written Communication serves as the medium that us been utilized by sending of messages in writing form.

This kind of communication could be ;

 letters circulars manuals reports

When dealing with written communication it is important to seek second opinion for much clarity.

Therefore, option B is correct.

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The increased demand for hair and skin care products with Argan oil illustrates how new product ideas can come from unexpected sources.

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It is true that the increased demand for the products made with Argan oil shows how new product ideas can come from unexpected sources.

Basically, the Argan oil is derived from the kernels of argan tree.

Different brainstorm of new idea of product by beauty and skin care lead to the invention of use of the Kernel for extraction of the Argan OIl.

It is very fortunate that the organic product seems likable by consumers, thus, leading to increased demand for product made from the Argan OIl.

Therefore, in conclusion, it true that the increased demand for the products made with Argan oil shows how new product ideas can come from unexpected sources.

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EFT, Inc. wants to empower and engage its employees. They have several teams consisting of highly skilled employees and no one person on these teams has a specifically assigned position. Instead, employees lead each other as the occasion arises, so there is no formal hierarchy or organizational chart. This type of leadership is known as:____________
a) people-oriented leadership.
b) managerial leadership.
c) shared leadership.
d) servant leadership.

Answers

Based on the fact that the company wants to empower its employees by hiring a lot of highly skilled employees so that each employee leads each other, this type of leadership is known as a shared leadership

As a result of this, we can see that there is a shared leadership where there is no formal hierarchy or organizational chart because each person leads each other as the occasion arises and they are not assigned a specific position.

Therefore, the correct answer is option C

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Which statement best describes the Federal Deposit Insurance Corporation's (FDIC) requirements for auditor independence

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Every organization has its own rules. The statement that best describes the Federal Deposit Insurance Corporation's is that The FDIC has issued policy statements that address auditor independence in various contexts.

Independence in auditing needs integrity and an objective way in all audit process. It also requires the auditor to perform his or her task freely and in a focused way.

The Independence of the internal auditor is simply known as the freedom  from parties or people whose interests can be harmed by the outcomes of an audit.

See full question below

Which statement best describes an element of the Federal Deposit Insurance Corporation's (FDIC) requirements for auditor independence?

FDIC independence requirements incorporate requirements for attorneys and actuaries.

FDIC independence requirements mirror the AICPA and DOL independence rules.

The FDIC has issued policy statements that address auditor independence in various contexts.

The FDIC has adopted regulations that incorporate IESBA independence rules.

Previous question

Walmart, Target, and Costco are competitors. Target wants to gain a competitive advantage and increase its market share. What should Target NOT offer to achieve a competitive advantage

Answers

Since Target is interested in gaining a competitive advantage by increasing its market share against competitors, Costco, Target should NOT offer A. Increased shipping and handling fees.

If Target increases the fees for shipping and handling, it will lower its competitive advantage with customers. To improve its competitive advantage, Target should explore the other three options.

Options for the Question:

A. Increased shipping and handling fees

B. Low prices

C. Excellent customer service

D. A high-product quality

Thus, offering increased shipping and handling fees should not feature in the efforts of Target to gain a competitive advantage over Costco.

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A transaction that takes place between two parties who hold
pre-existing connection prior to the transaction

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A related party transaction
Give this a heart if that helps

Employees feel that Sheryl ___________________ because she is direct and truthful about what they need to do and how they can improve, but she is never sarcastic or shaming.

a. is a good listener
b. has organizational conversations
c. communicates nonverbally
✔d. communicates with candor

Answers

Answer:

d. communicates with candor

Explanation:

Communicating with candor means being direct, honest, and clear about what employees need to do to meet objectives, while also expressing respect for others and not making people feel slighted, controlled, or exploited. Organizational conversations involve give-and-take between management and lower-level employees in which managers ask questions and listen to the answers. Sheryl may be a good listener, use nonverbal communication, and facilitate organizational conversations, but this sentence does not provide information about those aspects of her communication.

Suppose that hiring a third worker at the campus coffee shop increases output from $135 per hour to $190 per hour. What is the marginal product of labor per hour from adding that third worker

Answers

Based on the information given the marginal product of labor per hour from adding that third worker is $55 per hour.

Using this formula

Marginal product of labor per hour  

=Change in sales/ Change in number of workers

Where:

Change in sales=($190 per hour-$135 per hour)

Change in number of workers=1

Let plug in the formula

Marginal product of labor=($190-$135)/1

Marginal product of labor=$55/1

Marginal product of labor =$55 per hour

Inconclusion the marginal product of labor per hour from adding that third worker is $55 per hour.

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Your employer is a social media company. Which situation best illustrates potential noncompliance with laws and regulations (NOCLAR), as proposed by the AICPA's Professional Ethics Executive Committee

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If the social media company is in a situation that illustrates potential noncompliance with laws and regulations (NOCLAR) as proposed by the AICPA's Professional Ethics Executive Committee, a. The company's management is violating data protection laws.

The company's violation does not involve its largest vendor, contractor, or because the company's CEO has not filed his income tax returns for two years.

Thus, the management of the company may be violating data protection laws.

Question Options:

a. The company's management is violating data protection laws.

b. The company's largest vendor inadvertently violated data protection

regulations

c. The company's contractor has several violations on its record

d. The company's CEO has not filed his income tax returns for two years

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Answer:The company's management is violating data protection laws.

Explanation:If the company is violating the proposed guidelines by the AICPAS's professional ethics executive committee, such as disclosing client or employer information without consent, Thus, the management of the company is violating data protection laws.

When you arrive for your job interview, the interviewer greets you with a warm handshake and a smile. While you speak, he smiles and nods often and occasionally takes notes.

What message is the interviewer expressing nonverbally?
a. He is passively enduring your interview.
b. He is actively engaged in your interview.
c. He is uncomfortable meeting with you.

Answers

Answer:

b. He is actively engaged in your interview.

Explanation:

In most cultures, smiling implies friendliness. In the United States, nodding and maintaining consistent eye contact show interest and engagement in a conversation and respect for the speaker. By combining these three nonverbal behaviors, the interviewer is expressing active, positive interest in your interview.

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Answers

Awesome business answer

12. What is the tendency of suppliers to offer more of a good at a higher price?

Answers

THE ANSWER TO THIS QUESTION IS JOE HAS A HIGHER ONE
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A disadvantage of the free cash flow valuation method is A. The free cash flow method is not used widely in practice. B. The terminal value tends to dominate the total value in many cases. C. The free cash flow method is not rigorous. D. The projection of free cash flows depends on earnings estimates.

Answers

The main disadvantage of the valuation method is that the terminal value tends to dominate the total value in many cases.

In a free cash flow valuation, the intrinsic value equals present value of its free cash flow and thus, the net cash flow is left over for distribution to stockholders and debt-holders in each period.

So, the disadvantage of the free cash flow valuation method is that the terminal value tends to dominate the total value in many cases.

Hence, the Option B is correct.

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is a replacement for the lorenz curve which measures income inequality less accurately than does the

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It should be noted that the replacement for the Lorenz curve that measures income inequality less accurately is the Gini coefficient.

The Gini coefficient simply means the Gini index. It's the single number that's used in demonstrating the degree of inequality that's in a distribution of income or wealth.

It's the distribution of income across a population. It measures income inequality less accurately than the Lorenz curve.

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discuss in details what is the sources of finance in UAE?​

Answers

Answer:

loans, syndicated loans,the production of goods and provision of services related to petroleum, petrochemicals, aluminium and cement.

Explanation:

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What type of person-fit in the workplace is related to the fit between the wants and needs of an individual and the characteristics of their job

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A Person-job fit is the type of person-fit related to the fit between the wants/needs of an individual and the characteristics of their job

A person-job fit refers to the compatibility between an individual and the job that they perform based on the employee needs.

In other word, the Person–job fit refers to the the degree of alignment between the individual (employees) and the job/task he is performing.

Hence, the Person-job fit is the type of person-fit related to the fit between the wants/needs of an individual and the characteristics of their job

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Frank discovers that workers on the evening shift are consistently late, so he devises a new policy in which employees are only allowed three late clock-ins before they are terminated. These actions are part of the __________ function.

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Considering the situation described above, Frank's actions are part of the " Controlling" function.

This is because the controlling function is one of the functions of management that deals with controlling and ensuring any deviations are dealt with, which demonstrates corrective action.

Thus, in this case, when Frank devises a new policy in which employees are only allowed three late clock-ins before they are terminated, this is an example of a Controlling function to ensure there is progress towards the organizational goals.

Hence, in this case, it is concluded that the correct answer is "Controlling."

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How Does The State Of Competition Among hotels

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The state of competition may be affected by the structure of the market, regulations, ownership, the nature of products, and the behaviours of certain economic agents. Central concepts to describe the state of competition include: Market power, or the ability of firms to charge prices above competitive levels.

Answer these questions picture above.

Answers

1 increasing audience

2 payment methods and or growing page

3 yes help others and myself

4 insta due to its growing capacity

Which statement is false? The balanced scorecard aligns an organization's operational activities with its mission. The balanced scorecard focuses on these four primary areas: financial, customer, internal process, and learning and growth. The balanced scorecard measures, tracks, and reports on a balance of qualitative and financial data and metrics. The balanced scorecard ensures the organization's profitability aligns with director compensation and dividend expectations.

Answers

The balanced scorecard ia often known as a management system. The statement that is false is that The balanced scorecard ensures the organization's profitability aligns with director compensation and dividend expectations.

A balanced scorecard is set up so as to transform an organization's strategic goals into a number of performance objectives.

It is a strategic management performance measurements that helps firms to know and improve their internal operations so as to help their external outcomes.

Conclusively, It also helps in drafting organizational strategy.

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Fastest way of making balance sheet

Answers

Answer:

Reporting Date and Period. ...

Identify Assets. ...

Identify Liabilities. ...

Calculate Shareholders' Equity. ...

Add Total Liabilities to Total Shareholders' Equity and Compare to Assets.

Answer:

Determine the Reporting Date and Period.

Identify Your Assets.

Identify Your Liabilities.

Calculate Shareholders' Equity.

Add Total Liabilities to Total Shareholders' Equity and Compare to Assets.

Explanation:

Let me know if it helps!

On 1 January 2011 a company issued five-year fixed-interest bonds with a face value of $5 million, paying half-yearly coupons at 8.25 per cent per annum. Coupons are payable on 30 June and 31 December each year until maturity. On 15 September 2013 the holder of the bonds sells at a current yield of 8.63 per cent per annum. Calculate the price at which the investor sold the bond.

Answers

The price at which the investor sold the bond equals the Present Value of the Interest and the Face Value to be $4,975,447.20.

Data and Calculations:

Face value of bonds = $5,000,000

Interest rate = 8.25% per year

Half-yearly interst payment = $206,250 ($5,000,000 x 8.25% x 1/2)

Interest payment = half-yearly

Interest payment dates = June 30 and December 31

Interest paid on the bonds = $1,031,250 ($5,000,000 x 8.25% x 2.5)

Interest to be paid on the bonds = $1,031,250 ($5,000,000 x 8.25% x 2.5)

Current yield of the bonds = 8.63% per annum

PV of interests to be paid at 8.63% p.a for 2.5 years = $910,119.53

PV of bonds face value at 8.63% p.a for 2.5 years = $4,065,327.67

Price of the bonds = $4,975,447.20 ($4,065,327.67 + $910,119.53)

Thus, the investor sold the bond at $4,975,447.20.

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A company purchased $4,600 worth of merchandise. Transportation costs were an additional $405. The company returned $315 worth of merchandise and then paid the invoice within the 1% cash discount period. The total cost of this merchandise is:

Answers

Answer:

The total cost of the merchanise is $5900

Rico Petricelli Industries invests $960,000 in plant assets with an estimated 10-year service life and no salvage value. These assets contribute $64,000 to annual net income when depreciation is computed on a straight-line basis. Compute the payback period and explain your computation.

Answers

The payback period for this Rico Petricelli Industries' investment is 6 years.

Data and Calculations:

Cost of investment in plant assets =$960,000

Estimated useful life = 10 years

Estimated salvage value = $0

Annual depreciation = $96,000 ($960,000/10)

Annual net income = $64,000

Annual cash net inflow = $160,000 ($64,000 + $96,000)

Payback period = 6 years ($960,000/$160,000)

Thus, to compute the payback period as 6 years, add the annual depreciation to the annual net income to obtain the annual cash net inflow.  Then divide the cash outlay ($960,000) by the product above.

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1. If the Economist offers print and web access separately in the market, what are the optimal prices for home

Answers

subscription and web access

Interdepartmental politics is a major problem with __________________ communication.
a. upward
b. horizontal
c. downward

Which of the following actions can managers take to resolve this problem?
Check all that apply.

- Create dotted-line relationships to formalize communications.
- Establish goals for communication in advance.
- Focus communication on achieving a certain task or outcome.
- When creating teams, choose people with wide differences in rank within the organization.

Answers

Answer:

Interdepartmental politics is a major problem with horizontal communication.

✘ Create dotted-line relationships to formalize communications.

✔ Establish goals for communication in advance.

✔ Focus communication on achieving a certain task or outcome.

✘ When creating teams, choose people with wide differences in rank within the organization.

1) Over their lifetime, a high school dropout will make how much less money than a college graduate?

A) $5,000

B) $10,000

C) $100,000

D) $1 million

Answers

I thought 200,000 but I think it’s c

Over their lifetime, a high school dropout will make $100,000 in money than a college graduate. Thus, option (c) is correct.

What is college?

The term “college” refers to an educational institute. The students are expected to learn and educate on a specific topic. The college is part of the university. A college provides the degree of the students who clear the sessions. The college students are learning something on the course.

High school dropouts earn $2,00,000 less than their classmates who graduate. On an annual basis, bachelor's degree holders earn $100,000 more than people with only a high school education. College dropouts take out more loans on medium to pay for school than their colleagues who complete their degrees.

As a result, in the lifetime, a high school dropout will make $100,000 in money than a college graduate. Therefore, option (c) is correct.

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Abardeen Corporation borrowed $113,000 from the bank on October 1, Year 1. The note had an 10 percent annual rate of interest and matured on March 31, Year 2. Interest and principal were paid in cash on the maturity date. Required a. What amount of cash did Abardeen pay for interest in Year 1

Answers

a. The cash that Abardeen pay for interest in Year 1 is $0.

b. Interest expense that was recognized is $2,825.

c The Total liabilities was reported is  $115,825.

d. The amount of cash was paid to the bank is $118,650.

e. The amount of interest expense was reported is $2,825.

a.  The  amount of cash that Abardeen pay for interest in Year 1 is $0 reason being that the interest matured on March 31, 2017.

b. Interest expense:

Interest expense=($113,000 x 10% x 3 months /12)

Interest expense=$2,825

c. Total liabilities

Total liabilities= $113,000 + $2,825

Total liabilities = $115,825

d. Cash that was paid to the bank on March 31, 2017:

Cash= $113,000 Principal +  ($113,000 × 10% × 6/12)] Interest

Cash= $113,000 Principal +$5,650 interest

Cash= $118,650

e. Interest expense reported on the 2017 income statement:

Interest expense=$113,000 × 10% ×3/12

Interest expense=$2,825

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