All insurance is based on a principle called

A. division of risk.

End of exam

B. cash value coverage.

C. premium earnings.

D. investment premiums.

Suppose a new process was developed that could be used to make oil out of seawater. The equipment required is quite expensive, but it would in time lead to low prices for gasoline, electricity, and other types of energy.

after noticing the difference between two balances you are concerned because you have a college loan payment of $1225.00 that is due on Friday and you won't be paid until Monday you expected to have at least $1205.

When Alexander Company purchased supplies for cash for $500, it incorrectly recorded the journal entry as a debit to Supplies of $5,000 and a credit to Cash of $5,000. Before correcting this error: a. Cash is understated and Supplies is overstated b.

Given the following information, calculate the loan-to-value ratio of this commercial loan: estimated net operating income in the first year: $150,000; debt service in the first year: $100,000; loan amount: $1,000,000; purchase price: $1,300,000. a.

Suppose a pizza parlor has the following production costs: $5.00 in labor per pizza, $3.00 in ingredients per pizza, $0.50 in electricity per pizza, $2 comma 500 in restaurant rent per month, and $450 in insurance per month.

Mark and Mindy are new parents. They wish to start saving for their son's college education. They anticipate they'll need $150,000 in 18 years. How much should they deposit quarterly in an account that pays 7.

An employee has proposed adding new equipment that would speed up the loading rate to 5.71 trucks per day. the equipment would cost an additional $100 per day for each dock. should the manager invest in the new equipment?

Castle Black Camping is twice as risky as the average stock. The market should earn 11% and the risk free rate is 2%. What is a fair return for CBC? (20%)

During the meeting, Michael always wants to focus on business and has been pushing Norio to sign the contract, whereas Norio seems to like spending more time talking about personal preferences and hobbies, building up personal relationships before

Conversion costs are the sum of: a. fixed and variable overhead costs. b. labor costs and overhead costs. c. direct material costs and overhead costs. d. direct labor and indirect labor costs.