last year altman corp. had $205,000 of assets, $303,500 of sales, $18,250 of net income, and a total liabilities-to-total-assets ratio of 41%. the new cfo believes the firm has excessive fixed assets and inventory that could be sold, enabling it to reduce its total assets to $152,500. sales, costs, and net income would not be affected, and the firm would maintain the total liabilities-to-total assets ratio. by how much would the reduction in assets improve the roe? group of answer choices 6.22% 5.73% 7.48% 5.19% 5.45%

Answers

Answer 1

By lowering Total Assets, the ROE is impacted by 5,19%.

Describe ROE.

A metric of financial performance known as return on equity (ROE) is obtained by dividing net income by shareholders' equity. ROE is referred to as the return on net assets since shareholders' equity is determined by subtracting a company's debt from its assets.

ROE is regarded as a barometer of a company's profitability and how effectively it produces profits. The management of a company is more effective at generating income and growth from its equity financing the higher the ROE.

Calculation:

The calculation of how a decrease in assets increases ROE is displayed below:

However, we must first perform the following calculations.

Equity ratio: (100 - 41)/59%

$205,000 total equity divided by 59% equals $120,950.

ROE equals net income times total equity or $18,250 divided by $120,950, or 15.08%.

Once more, total equity = $152,500 minus 59% equals $89,975.

ROE is calculated as Net Income x Total Equity ($18,250 x $89,975 = 20.28%).

Now, ROE increased by 5.19% (20.28% - 15.08%).

Learn more about return on equity (ROE) with the help of the given link:

brainly.com/question/28478234

#SPJ4


Related Questions

the employment relationship is a contractual relationship between what parties? (check all that apply.) multiple select question.

Answers

Answer:

Employer and employee

Explanation:

The notion of an employee-employer relationship refers to the relationship that exists between employers and employees during work. Managers and subordinates depend on one another to create results that are advantageous to the company. Therefore, there needs to be a solid connection between the two.

Both employees and employers must respect each other and should communicate freely to maintain healthy relationships. the employer must recognize and appreciate the efforts put forth by the employee which would help the employee to be motivated and put extra effort into work. The employer must draw a line between personal and professional relationships or it might lead to partiality in the workplace. Maintaining a good employee and employer relationship can help in the development of the firm as well as the professional growth of the employee.

How do you practice customer obsession?.

Answers

Customer obsession could be practiced by establishing a corporate culture where customers are prioritized in all critical company decisions.

How do you practice customer obsession?Cater to long- term needs: In order to be truly customer-obsessed, brands must have a constant focus on both what consumers want and what is essential to them throughout their entire lives.Don't be product specific: It does not include only the small portion when brands interact with them. Be resourceful: Gather information about your customers' requirements and wants and get to know them well.Make them your priority: All choices and procedures must be based on the needs, wants, and delight of the customer, which is known as customer obsession.Obsession with customers is a potent instrument that can aid companies in boosting sales and profitability. Obsessing over your consumers will help them stay with you and be loyal to you.

To learn more about customer obsession, refer:

https://brainly.com/question/26644877

#SPJ4

what general environmental forces are currently affecting both the corporation and the industries in which it competes? which present current or future threats? opportunities?

Answers

The following 5 environmental factors have an impact on an organization:

industry rivalrythe possible risk posed by new competitors.Suppliers' power.power of the consumer.Threat of replacements

Why do environmental factors influence how well a business structure performs?

Environmental policy has an impact on businesses since it requires them to alter their equipment and operational procedures in order to comply with the legislation, which can be expensive for them.

What potential threats do you see?

Events present dangers and opportunities outside of your company, in the larger market. Threats and opportunities can be taken advantage of, and you can put safety measures in place to avoid them, but they cannot be altered. Examples include rival businesses, the cost of raw materials, and customer purchasing preferences.

What dangers we face today will have an impact on the environment tomorrow?

The biggest concern currently facing American wildlife, wilderness areas, and local populations is climate change. The consequences of a changing climate are already being felt by communities. We are assisting vulnerable populations in overcoming these obstacles.

Learn more about Threats and opportunities: https://brainly.com/question/19569122

#SPJ4

When can we conceptually isolate the strength of the evidence from the prior probability of the theory?.

Answers

Whether we make observations first, or form our hypotheses first.

Before hypotheses may be made or experiments can be done, one have to first word and think about some kind of phenomenon happening.

The clinical approach is used whilst one does not realize why or how something is occurring and desires to uncover the solution.

A hypothesis is a statement that may be tested with the aid of scientific research. in case you need to check a relationship between  or greater variables, you need to write hypotheses before you start your experiment or records collection.

Learn more about hypotheses here: https://brainly.com/question/11555274

#SPJ4

james is a manager from tennessee working at a tech support center in india. he is a firm believer in the minimum wage and treating employees fairly. yet he sees his assistant manager firing one employee and hiring his neighbor at a lower rate. james confronts his assistant manager, claiming this behavior isn't consistent with home-country standards. which philosophical approach to ethics does james represent? multiple choice question. naive immoralist utilitarianism cultural relativism righteous moralist

Answers

Utilitarianism is the philosophical approach James represent in the given situation.

What is Utilitarianism?Utilitarianism is a philosophical theory  that favors actions that promote happiness and pleasure and rejects actions that cause unhappiness and harm. When oriented toward making social, economic, or political decisions,  utilitarianism philosophy aims at improving society as a whole. Utilitarianism is an ethical theory that distinguishes between good and evil by focusing on outcomes. Utilitarianism holds that the most philosophical choice is the one that produces the greatest profit for the greatest number. For example, there is the utilitarian idea that when choosing your own ice cream, you should choose the flavor that gives you the most pleasure. For those who love chocolate and hate vanilla,  choose chocolate for its pleasure  and avoid vanilla for the resentment it causes.

To learn more about Utilitarianism from the given link :

https://brainly.com/question/29313132

#SPJ4

what are checkable deposits? multiple choice question. claims that depositors have against the assets of the bank claims that the bank has against the assets of fed claims that banks have against the assets of depositors claims that the fed has against the assets of the bank

Answers

Checkable deposit claims that depositors have against the assets of the bank. Thus, option 'A' is the correct option.

What are Checkable Deposits?

Any demand deposit account for which checks or drafts of any sort may be drawn is referred to as having checkable deposits in the technical sense. (The owner of a demand deposit account has the right to immediately, notice fewer withdrawals of funds.) The most liquid accounts available to consumers are checkable deposit accounts.

They also include any sort of negotiable draft, such as a Super NOW account or a negotiable order of withdrawal (NOW). (Withdrawing funds from NOW accounts may be subject to a seven-day written notification requirement, however, this is seldom necessary.)

Learn more about Checkable Deposits, here:

https://brainly.com/question/13083761

#SPJ1

our study partner is confused by the upward-sloping short-run aggregate supply curve and the vertical long-run aggregate supply curve. how would you explain this?

Answers

Because the quantity supplied rises when the price rises, the aggregate supply curve in the short run has an upward slope.

Briefing:-

Businesses only have one fixed factor of production in the short term (usually capital ). The output and real GDP increase at a given price as the curve moves outward.

What causes the aggregate supply curve to have a short-term ascending slope but a long-term vertical slope?

For instance, the lag between resource prices and product prices, which makes it viable for businesses to increase output as the price level rises, is one reason why the short-run aggregate supply curve slopes upward.  When a nation is at full employment, the aggregate supply curve over the long run is vertical.

What does it signify when the aggregate supply curve slopes upward?

The positive association between price level and real GDP in the short run is demonstrated by the upward-sloping aggregate supply curve, also known as the short run aggregate supply curve.

To Know more about upward slope.

https://brainly.com/question/27908296

#SPJ4

a market price is greater than marginal cost in a perfectly competitive market. what will allocative efficiency be at that level of production?

Answers

If the market price exceeds the marginal cost in a totally competitive market, the output won't be sufficient for allocative efficiency.

What is a competitive market?In economics, the term "competitive market" describes a market where there are many buyers and sellers and where no one buyer or seller has a significant impact on the market. Competitive markets have many buyers and sellers, few entry barriers, and uniform products.A market with intense competition is one with a competitive market structure. It is also referred to as a completely competitive market because it has lots of customers, uniform products, open entry, exit, etc.In a perfectly competitive market, if the market cost exceeds the marginal cost, the amount of output will be insufficient for allocative efficiency.

Therefore, if the market price exceeds the marginal cost in a totally competitive market, the output won't be sufficient for allocative efficiency.

Know more about the competitive market here:

https://brainly.com/question/25717627

#SPJ4

the ratio of the perceived benefit of the products and services offered by the retailer to what they have to pay for it is referred to as

Answers

Value is the ratio of the perceived benefit of the goods and services provided by the retailer to the price they must pay for it.

What is value ?Value is the ratio of the price to the perceived advantages. the process of raising product and service benefits while holding prices steady or lowering them. consumers' assessment of the product's general quality and, ultimately, its worth to them.Economic value is a way to quantify the benefit that a good or service brings to an economic agent. Typically, it is measured using units of money.Market price and economic value are not the same thing, and neither are they equivalent to one another. A consumer's willingness to purchase anything suggests that they value it more than the item's current market value.Consumer surplus is the gap between the value to the consumer and the market price. The purchase of drinking water is one instance where the true worth is far greater than the market price.

To learn more about value refer :

https://brainly.com/question/843074

#SPJ4

if your website ranks 1, 9, 98, and 112 for four different keywords, on which keyword should your website first target seo efforts? group of answer choices

Answers

The keyword should your website first target SEO efforts ranks 9.

Target organization (doing business as a goal and stylized in all lowercase due to the fact 2018) is an American large box branch store chain situated in Minneapolis, Minnesota. it is the seventh biggest store in the united states of America and a factor of the S&P 500 Index. The goal became mounted as the discount division of Dayton's department save in Minneapolis in 1962. It commenced increasing the store national in the Eighties (as a part of the Dayton-Hudson corporation), and delivered new save codecs beneath the goal emblem in the 1990s. The company has observed success as a reasonably-priced-elegant participant within the industry.

The discern organization changed into renamed goal company in 2000 and divested itself of its remaining department store chains in 2004. It suffered from a huge, exceedingly publicized security breach of patron credit score card facts and the failure of its quick-lived goal Canada subsidiary in the early 2010s, but skilled revitalized success with its growth in city markets in the united states.

learn more about Target  here:  https://brainly.com/question/27985041

#SPJ4

general written guidelines that dictate behavior and/or direct and constrain decision making within the organization are known as what?

Answers

General written guidelines that dictate behavior and/or direct and constrain decision making within the organization are known as Policies

What are the 5 types of policies?Various Policy Statement Categories. There are different kinds of policy declarations, and each has its own tone, scope, and objective. These cover statements about the use of human resources, money, the law, safety, and operations.A policy is an official decision made by a group of people, a commercial organization, a government, or a political party about a certain course of action: They contend that Europe requires a unified defense and foreign strategy.Public policy can be defined as the creation of three different sorts of policies

To learn more about Public policy  refer to:

https://brainly.com/question/28884301

#SPJ4

mike sold equipment he is no longer using in his business at a loss of $4,000, and he sold investments at a loss of $8,000. mike had no other sales of property in the current year. what are the tax implications

Answers

In the current year, deduct the $4,000 loss on equipment and the remaining $3,000 loss on investments. The leftover investment loss is carried over to the next year.

Equipment definition and examples

A business might benefit from equipment throughout a number of years of use because it is a tangible long-term asset. Equipment includes things like computers, automobiles, and manufacturing machinery. They differ from intangible assets (like patents, trademarks, or copyrights) in that they have a physical form, making them palpable.

Which investments do you refer to?

A purchase made with the intention of earning money or gaining notoriety is referred to as an investment. An economic outlook defines an investment as the acquisition of products that are not consumed right away but will be used to create wealth down the road.

Which four sorts of investments are there?

investments for growth.

Shares.

Property.

securing investments

Cash.

To Know more about current year

https://brainly.com/question/28132691

#SPJ4

the marginal revenue of the nth box of flash cards sold is dollars. find the revenue generated by selling boxes 101 through 1000.

Answers

The  marginal revenue generated by selling boxes 101 through 1000 is 5.0 percent.

Marginal revenue is the increase in sales due to the sale of additional units of production. Marginal revenue may remain constant for a given level of output, but will eventually decrease as output level increases, following the law of diminishing returns.

Marginal revenue is the money a company earns for each additional sale. In other words, it determines how much money a company makes from selling another product. For example, if a baker sells an additional loaf of bread for $2, his marginal income is also $2 for him.

Learn more about Marginal revenue https://brainly.com/question/27373306

#SPJ4

a municipal bond has a coupon rate of 5.17 percent and a ytm of 5.45 percent. if an investor has a marginal tax rate of 28 percent, what is the equivalent pretax yield on a taxable bond?

Answers

The equivalent pretax yield on a taxable bond is 9.43%.

What is a taxable bond?

A debt security (i.e., bond) that is taxed at the local, state, or federal levels, individually or in combination, is known as a taxable bond. When deciding between taxable and tax-exempt bonds, an investor should think about how much money they will still have after taxes. Bonds that are taxable include some government and all corporate bonds. Treasury securities, for instance, may not be subject to municipal or state taxes but are subject to federal taxation. Bondholders get income known as interest, either fixed or variable, in exchange for lending the issuer money over a set period of time.

To learn more about taxable bond, visit:

https://brainly.com/question/14951055

#SPJ4

a retail chain hires a company to design and install a computer network that would allow each store in the chain to check the inventory of others in the chain for customer-requested items. the retail chain purchased which kind of business products? multiple choice installations supply materials component parts accessory equipment industrial services

Answers

The correct answer is industrial services.

The provision of services to businesses and end users is a function of the service industries, more technically known as the "tertiary sector of industry" by economists. These include accountancy, trades (such as plumber or mechanic services), computer services, dining establishments, travel, etc.

While primary industries are those that dig minerals, oil, etc. from the ground and secondary industries are those that manufacture things, including builders but excluding remodeling contractors, industry is one where no items are produced.

Those industries that do not directly produce tangible things are known as service industries (such as agriculture and manufacturing). The supply chain is the process through which items generated in the agricultural and manufacturing sectors are delivered to final customers. Some service industries involved in this process include transportation, wholesale trade, and retail trade.

To know more about the 'industrial services' related questions

visit- https://brainly.com/question/18310687

#SPJ4

amber is the director of marketing at her company. what best describes her role?

Answers

Formal role is the best describes her role. As amber is the director of marketing at her company.

What is Formal role?

Formal roles are the externally visible, unambiguously assigned positions that are associated with particular duties and are frequently assigned in accordance with each person's position or aptitude. Members of a team will regularly do unofficial tasks that are more dependent on their personalities than on their knowledge or position.

These are a part of your formal duties as, for example, a trustee, team leader, volunteer at a charity store, or fundraiser because they are a part of your job description. Consider the "formal" component to be what you generally do or what you believe is needed of you if you didn't use employment or volunteer experience as your example.

Thus, it is Formal role.

For more information about Formal role, click here:

https://brainly.com/question/7180414

#SPJ1

true or false: to get the job you want, the only thing that really matters is having a good resume.

Answers

It is true that having a strong resume is the only thing that will help you land the job you want.

Is it true that having a strong resume will help you get a fantastic job?

A resume is a crucial tool in your job hunt since it gives you space on one or two pages to highlight your qualifications for a position. Employers use resumes to help with recruiting decisions and to help you land your first interview.

Other than a CV, what more do you need?

Sometimes more than just a résumé is included in the attachments we send with job applications. A cover letter, reference list, recommendation letter, educational transcript, and other similar items, which are frequently referred to as supporting documents, could also be requested by some companies with job applications.

Learn more about strong resume: https://brainly.com/question/862477

#SPJ4

let's say you have an investor with an noi of $40,000 and a debt service of $30,000. what is your investor's debt service ratio?

Answers

The investor's debt service ratio is 1.33.

To get the debt service ratio, divide the net operating income by the debt service

= $40,000/$30,000

= 1.33.

The capitalization price is calculated with the aid of dividing a property's net operating earnings with the aid of the modern market fee. This ratio, expressed as a percent, is an estimation of an investor's capability return on actual property investment.

Taxes, insurance, management expenses, maintenance, utilities, and reserves. Charges used to calculate NOI are Taxes, insurance, control prices, renovation, utilities, and reserves.

Learn more about ratio here https://brainly.com/question/13513438

#SPJ4

in analyzing a market area, an appraiser finds that most of the residents are middle-aged, and some are empty-nesters. this would typically mean

Answers

A market area is examined by an appraiser, who discovers that the majority of the locals are middle-aged and some are empty-nesters. Typically, this would indicate that there is a need for more expensive residences.

What is market analysis?A thorough evaluation of a market within a particular industry is called a market analysis. You will research the market dynamics, including volume and value, possible client segments, purchasing trends, rivalry, and other crucial elements.Surveys, interviews, focus groups, and consumer observation are four popular forms of market research methodologies.An appraiser investigates a market region and finds that most of the residents are middle-aged and others are empty-nesters. Typically, this would mean that more expensive homes are required.

Therefore, a market area is examined by an appraiser, who discovers that the majority of the locals are middle-aged and some are empty-nesters. Typically, this would indicate that there is a need for more expensive residences.

Know more about the market analysis here:

https://brainly.com/question/17246850

#SPJ4

lionel works for a company that is trying to reduce travel time for their employees and allow more people to work from home. what kind of cloud service can lionel use to attend meetings with his remote coworkers?

Answers

The kind of cloud service that would help Lionel attend meetings with remote coworkers is a Video conferencing application.

What is a Video conferencing application?

It is an application that allows for different  people in various locations to have a video call with each other at the same time. Lionel can use this app to talk to remote coworkers in various locations provided that they have an internet connection.

With built-in features like text, screen sharing, and recording, video conferencing software provides online communication for audio meetings, video meetings, and seminars. These programmes are used to promote collaboration, lower travel expenses, and facilitate long-distance or international communication.

Find out more on video conferencing at

https://brainly.com/question/3592858.

#SPJ4

When adding another unit of labor leads to an increase in output that is smaller than increases in output that resulted from adding previous units of labor, we have the property of?.

Answers

You have the property of diminishing marginal product. The law of diminishing marginal productivity implies that marginal increases in production return per unit produced are required.

What is diminishing marginal product ?The law of diminishing marginal productivity is an economic principle that managers consider when managing productivity. In general, it states that benefits gained from minor improvements on the input side of the production equation will advance only marginally per unit and may level off or even decrease after a certain point.When beneficial changes are made to input variables that affect total productivity, marginal productivity typically decreases.According to the law of diminishing marginal productivity, when a factor of production gains an advantage, the productivity gained from each subsequent unit produced will only increase marginally from one unit to the next.When improving variable inputs for increased production and profitability, production managers consider the law of diminishing marginal productivity.The law of diminishing marginal productivity implies that marginal increases in production return per unit produced are required. It is also known as the diminishing marginal product law or the diminishing marginal return law.

To learn more about diminishing marginal product refer :

https://brainly.com/question/24698689

#SPJ4

sony, incorporated spent $1,000,000 of development cost for commercially feasible prototypes. if sony follows ifrs not gaap, then the $1,000,000 would:

Answers

Companies incur development costs in order to develop the goods and services they intend to market. When an asset's price can be measured, the development cost is recorded.

The development cost is typically capitalized and amortized according to IFRS. Only when the specified conditions are met is the development cost recognized. When the commercial production begins, amortization will begin. To ensure that the recognition requirements are met, each development cost must be reviewed at the end of each accounting year.

What can development costs include?

The term "development cost" refers to the cost of purchasing and developing the sites, which includes costs for engineering and legal representation, streets, roads, utilities, minimum essential administrative costs, equipment that is required, and estimated interest that the borrower is unable to pay elsewhere.

Learn more about development cost here:

https://brainly.com/question/18685415

#SPJ4

in order to cater to local tastes and culinary traditions, a well-known restaurant chain offers customized versions of its menu in different countries. this is an example of a(n) strategy.

Answers

In order to cater to local tastes and culinary traditions, a well-known restaurant chain offers general versions of its menu in different countries. This is an example of a multi-domestic strategy.

What is strategy?A strategy refers to a general plan for achieving one under uncertain circumstances. In the sense of "the art of the general", which includes some subset of skills including military tactics, siege warfare, logistics, etc., the term came into use in Byzantine parlance in the 6th century AD and was translated into the West. Indigenous languages ​​until the 6th century AD in the 18th century. From then until the twentieth century, the term "strategy" was used in military conflicts in which both adversaries interacted, "in a dialectic of the will, a holistic attempt to pursue a political objective, including the threat or actual use of force." Strategy is important because the resources available to reach your goals are usually limited. Strategy generally involves setting goals and priorities, identifying actions to achieve  goals, and mobilizing resources to carry out actions. Strategy describes how to achieve a goal using means. Strategy can be intentional or can emerge as patterns of activity as an organization adapts or competes in its environment.Includes activities such as strategic planning and strategic thinking

To learn more about strategy from the given link :

https://brainly.com/question/15860574

#SPJ4

the most expensive loans are available from: multiple choice friends. parents. credit unions. finance companies. federal savings banks.

Answers

The most expensive loans are available from finance companies, retailers, and from credit card companies. That is the only true answer.

n order for a confession to be acceptable in court, it must be blank and voluntarily given.

Answers

In order for a confession to be acceptable in court, it must be freely and voluntarily given.

A confession is defined as a voluntary admittance, proclamation, or acknowledgment (created verbally or in writing) by an individual the one has dedicated a crime or a misdemeanor asserting that they dedicated the misconduct/displeasure or participated in an allure commission. Under the 14th Amendment of the U.S. Constitution, the rules of a government demand that all confessions obtained for one lawman must be willing.

Voluntary false confessions are likely outside some external pressure from the lawman. Most often, the public voluntarily makes use of the police station and caution the lawman that they have dedicated misdeeds reported on video or in newspapers. Voluntary dishonest assertions occur for various reasons.

To know more about confession refer to: https://brainly.com/question/6068608

#SPJ4

as a promotion technique, samples are often used for new products when _________ will influence the diffusion of the product.

Answers

Samples are frequently utilized as a promotion tactic for new items, where trialability will impact product dissemination.

What is the meaning of promotion technique?

Promotional methods are used by businesses to market, promote, and sell their products. Elements such as product kind, marketing budget, target demography, and so on influence a company's promotional approach.

The ease or simplicity with which customers may test a product or service is characterized as trialability. This is especially beneficial when new and innovative items are introduced. Customers will need to sample it before purchasing, and if they have a positive experience, it will increase product sales.

If a product has good trialability outcomes, the consumers who completed the trials will market the product for the firm, resulting in increased product dispersion.

Learn more about  promotion here:

https://brainly.com/question/2775263

#SPJ1

Which of the following is an example of successful corporate branding?
A. A company's logo is memorable
O B. A company's logo colors stand out
O C. A company is a leader in fast food
D. A company's tagline gets your attentionp

Answers

Answer:

a company logo colour must stand out

Answer:

c

Explanation:

because im awesome

coyote loco, inc., a distributor of salsa, has the following historical collection pattern for its credit sales. 70 percent collected in the month of sale. 15 percent collected in the first month after sale. 10 percent collected in the second month after sale. 4 percent collected in the third month after sale. 1 percent uncollectible. the sales on account have been budgeted for the last seven months as follows: june $ 49,000 july 60,000 august 70,000 september 80,000 october 90,000 november 100,000 december 85,000 required: 1. compute the estimated total cash collections during october from credit sales. 2. compute the estimated total cash collections during the fourth quarter from sales made on account during the fourth quarter.

Answers

The estimated total cash collections during October from credit sales is 218,360. The fourth quarter sales made on account during the fourth quarter is 595,000.

What are sales?

Sales can be defined as the part were some goods or commodities are being sold to a consumer or a buyer.

In October, 70% of sales are collected.

The total credit sales is = 70% of 233,000 = 163,100.

In October, 15% of September sales will be recovered. 15% of 208,000 equals 31,200

In October, 10% of August sales are recovered. 10% of 179,000 is 17,900

In October, 4% of July sales are recovered. 4% of 154,000 equals 6,160

Total

= 163,100 + 31,200 + 17,900 + 6,160

= $218,360

(b) 4th quarter will be the month of October, November, and December

September: 233,000 (70% collected in October, 15% in November, and 10% in December).

= 70%+15%+10%

= 95% will be gathered in the fourth quarter

95% of 233,000

= 221,350

November sales: 258,000 (70% in Nov, 15% in December).

Total = 85%.

85% of a total of 258,000

= 219,300

December sales: $220,500 (70% will be collected in December)

= 70% of 220,500 = 154,350

Total collected amount:

=  221,350 + 219,300 + 154,350 = 595,000

Learn more about sales, here:

https://brainly.com/question/15375944

#SPJ1

21) lmn mutual insurance company has total liabilities of $300 million. the company has total assets of $380 million. what is lmn's policyholders' surplus?

Answers

$80 million is LMN's policyholders' surplus because Surplus = Assets - Liabilities = 380 - 300 = $80million.

A mutual insurance company is an insurance company that is entirely owned by its policyholders. Any profits made by a mutual insurance company are either retained entirely inside the company, rebated to policyholders in the form of dividend payments, or used to reduce future rates. The company's owners are also its customers. As a result, they are entitled to a share of the profits made by the joint company.

The three primary advantages of mutual insurers are customer focus, stable ownership, and the capacity to receive dividends free from Wall Street influences.

To learn more about Mutual insurance visit: https://brainly.com/question/7465532

#SPJ4

how does a cartel enforcer respond to cheating by a smaller member, in a way that will preserve maximum profits for the cartel?

Answers

Cartels are competitors in the same industry and seek to reduce that competition by controlling the price in agreement with one another. Tactics used by cartels include reduction of supply, price-fixing, collusive bidding, and market carving.

A cartel is a bunch of freelance market participants who collude with associate degreeother} so as to boost their profits and dominate the market. pools are typically associations within the same sphere of business, and therefore an alliance of rivals.

Most jurisdictions think about it as anti-competitive behavior and have illegal such practices. Cartel behavior includes price fixing, bid rigging, and reductions in output. The belief in political economy that analyzes cartels is cartel theory. Cartels are distinguished from other varieties of collusion or anti-competitive organization such as corporate mergers.

Learn more about  Cartels   here

https://brainly.com/question/8515693

#SPJ4

Other Questions
A net force of 265 n accelerates a bike and rider at 2. 30 m/s2. What is the mass of the bike and rider together?. maria tries to train her puppy to come running to her when she comes home. she frequently gives the dog a biscuit as she enters the house. when the puppy ultimately develops this skill, maria learns how annoying it is for the dog to approach her each time she enters the house. when she tries to get the dog to quit, gradually it loses interest in greeting her when she comes into the house. what is this an example of? What does Eric Adams say the first step to recovery is?? a cross-hedging strategy is most effective with currencies that are ; currency diversification is most effective with currencies that are . a. expected to depreciate; expected to appreciate b. expected to appreciate; expected to depreciate c. highly positively correlated; not highly correlated determine the order of the following matrix-8 -18 -21 68 8 alice, amber, and andi make and sell pottery. alice is willing to sell a 5 inch pot for $35 , amber is willing to sell a 5 inch pot for $38 , and andi is willing to sell a 5 inch pot for $68 . if each of the ladies is able to sell one 5 inch pot for $70 , what is their combined producer surplus? combined producer surplus: $ if the price of a 5 inch pot is $45 , which of the ladies will sell their pots? alice and amber andi only alice, amber, and andi alice only firms operating in a/an market, sell their product in a market with many other firms who produce identical or extremely similar products. ) find the approximations t10 and m10 for 2 15 e1/x dx. 1 (round your answers to six decimal places.) What are some ways we can observe gravity in action in the natural world? Mary borrowed $720 from her parents. She will make equal payments of $60 per month for 12 months to repay the loan. Which equation can Mary use to find out how much money she still owes after each loan payment? in rats, the allele for long whiskers is dominant to the allele for short whiskers. at another gene locus, a dominant allele produces whiskers and the recessive allele produces a rat with no whiskers. the alleles at these 2 gene loci assort independently. two rats that are heterozygous at both gene loci are crossed. what percentage of the offspring do you expect will have whiskers? Compare the hardness of gypsum to an everyday substance. bookmark question for later with web development platforms, who designs the website? business owners web developer programmer web master the process of dividing a cell's cytoplasm and organelles Graph the line that passes through the given point and has the given slope m. (2,8); m= -1/3 A stack of books is 52 inches tall.Each book is 1/2 inch thick. Which expression tells us how many books are in the stack? according to b.j. fogg's model, what is a strategy that a client could use to turn a healthy behavior change into a sustainable habit? Suppose a meteor is heading towards the earth at a straight line distance of 409km, y is coming at a speed of 2km/s if the meteor continues at this speed and all the way, how long would it take to reach planet Earth? De acuerdo con la informacin presentada en la infografa, cul es la razn principal por la que los nios no leen?. Which of the following is a strength training opinion? A. weight machines B. resistance bands C. Free weights D. All of thr above