The premium that insurance companies charge does not cover the cost of expected losses only. The premium must also cover the cost of compensating agents and other costs of doing business
The amount added to the pure premium to cover these costs is called the
A) expense loading.
B) deductible.
C) dividend.
D) loss reserve.
Answer: A
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The interest coverage ratio equals
A) income before income taxes minus interest expense divided by income before income taxes. B) income before income taxes minus interest expense divided by interest expense. C) income before income taxes plus interest expense divided by interest expense. D) income before income taxes plus interest expense divided by total assets.
Path–goal theory suggests that leaders should respond to autonomous group members with unstructured tasks from a ______.
A. directive style B. supportive style C. participative style D. achievement style
All else being equal, which of the following items would increase a company's return on investment (ROI)?
A) A decrease in net income. B) An increase in fixed costs. C) A decrease in average operating assets. D) A decrease in sales volume.
If you use the conjunction "but" instead of "and," you show a contrast
Indicate whether the statement is true or false