Option E, All the above are examples of funded retention
Explanation:
Funded retention — risk management term refers to a program in which an entity retains assets in advance, instead of distributed to the insured or another group, to pay for risks incurred by the company.
The insurance exclusion is a common example of a transfer of risk to save premiums, as a deduction is a limited risk that can save insurance premium costs for greater risks.
Based on the cost or absence of commercial insurance companies actively maintain certain risks–which is commonly known as self-insurance.
Answer:
d) 1.32
Explanation:
The quick ratio uses only the most liquid current assets.
cash 48,000
AR 130,000
Short Term receivable 150,000
<em>Total 328,000</em>
<em><u>Important:</u></em> Sometimes it is enought by subtracting inventory from current assets
Current liabilities
account payable 230,000
short-term notes payable 10,000
unearned revenue 8,000
<em>Total 248,000</em>
<em>Quick Ratio</em>
When consumers and businesses have greater confidence that they will be able to repay in the future, <u>the quantity demanded of financial capital at any given interest rate will shift to the right.</u>
Answer:
Option C Incorrect; adjusting for price changes, his salary is less than his dad's salary
Explanation:
Adjustment to price changes = (Amount received n years ago divided by Price Index n years ago) * Price Index today
Adjustment To price changes = ($28,000 / 110.8) * 180.5 = $45613.7
The amount $28,000 is worth $45,613.7 in todays value which means that if we adjust for price changes, Dave is incorrect because his salary is worth less by an amount $613.7 from his father's salary.