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Describe the role of insurance companies.
Role of Insurance Companies:
The main objective of insurance companies is to prevent individuals and firms (termed as policy-holders) by adverse events. All insurance companies entertain premiums by policy-holders, and promise to pay compensation to policy-holders when particular events happen. There are two main segments into the industry: life insurance conversely, and property and causality insurance onto the other.
Profitability Index or P.I. P.I. (benefit-cost ratio) = Present value of inflows / Present value of cash outlay Whether P.I. is greater than 1.0, invest and whereas less th
literature review?
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Suppose the Alctz Display Flowers pte Ltd uses the periodic inventory system and average cost to explain inventory cost. (a) Determine the ending inventory cost as at Decembe
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