well, i dont think so, but now a days the insurenece company is doing everything that there not supposed to.
In simple terms, yes... Such expenses like dues, loans and insurance are fixed expenses. Variable expenses are those that fluctuate in proportion to supply and demand, hourly production costs, packaging and shipping costs.
On a balance sheet there are three things: Assets, Liabilities, Shareholders Equity. A share of stock is Equity, namely a portion of the company and its earnings not owned by the company, traded for something (most often cash). It is a liability because represents a demand on the company assets. Specifically a share of stock is a demand on the companies assets after all other demands are discharged. total assets - total liabilities = shareholders equity A share of stock repersents a demand for one slice of the equity.
Net on-demand accounts receivable refers to the total amount of money that a company expects to collect from its customers for goods or services provided, minus any allowances for doubtful accounts or potential uncollectible amounts. This figure is crucial for understanding a company's liquidity and cash flow, as it represents funds that are readily available to be converted into cash. It typically reflects a company's efficiency in managing credit and collections.
Accounts like Savings,Current Deposits etc are Demand liabilities for the bank through which user can take money at any time . In short User can demand money from bank and bank has to give it . Time liability are account like Fixed deposits etc which bank has to give only after certain period of time .
A checking account is called a "demand deposit" because it is available for transfer to another individual or company by writing a check or draft.
Re-pricing focuses on the rate revision, there is no change in existing benefit structure of the product. The rate revision is necessitated due to several reasons. Some of the reasons are as follows ü When the insurance company feels that the product is not sold as expected then the insurance company will revise the rate to sell the product. ü When the insurance company feels that the product does not give profit as expected then the insurance company will revise the rate to earn profit. ü When the insurance company feels that the product has more demand then the insurance company will revise the rate to meet the demand. ü When the insurance regulatory authority asks the insurance company to revise the premium then the insurance company will reduce the rate.
The short answer would be supply and demand. As demand for the firms increase, they will experience increasing returns. Likewise, as demand decreases, so do their returns.
yes
Yes, If your insurance company determines that they overpaid or were overcharged on a claim they can request or even demand repayment.
yes if you are in an accident and especially if you are at fault of an accident, you must file with your insurance company, so your insurance company can cover your damages and or other vehicle involved or pay subrogation demand once received from other vehicles ins company, if the other vehicle chose to use their coverage.
Negative marginal returns in a company's production process can lead to decreased efficiency, increased costs, and lower overall profitability. This can result in reduced output, wasted resources, and potential financial losses for the company. It may also impact the company's competitiveness in the market and its ability to meet customer demand.
Yes your boyfriends wife can demand a D.N.A done on your child. even if you are not legally divorced.
Yes. The mortgage note is still a legally binding contract enforceable on the estate.
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Yes; the demand for insurance agents is expected to continue to increase in the future, based on the increase in variety of products. In addition, growing population leads to an increase in demand for various types of insurance.