One weakness of the times-interest-earned ratio is that it includes only the annual interest expense as a finance expense that must be paid

Which of the following is an advantage of using transitions?

A) Transitions allow for simple sentences. B) Transitions represent common ties in unrelated thoughts together. C) Transitions allow the reader to follow point by point. D) Transitions result in unified paragraphs. E) Transitions make the writing more believable and professional.

One item that appears on an insurance company's financial statements is a liability that represents an estimate of the claims reported and adjusted but not yet paid, claims reported and filed but not yet adjusted,

and claims incurred but not yet reported to the company. This liability is called the insurer's A) net income. B) loss reserves. C) admitted assets. D) unearned premium reserve.