As of 2012, assets of property-casualty insurers totaled approximately ________, which was ______ of the assets of the life insurance industry.
A. $900 billion; 20 percent
B. $1,600 billion; 30 percent
C. $4,250 billion; 90 percent
D. $5,750 billion; 105 percent
E. $7,700 billion; 120 percent
Ans: B. $1,600 billion; 30 percent
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Demand Probability 240 .1 250 .2 260 .4 270 .2 280 . 1 Currently, stockouts are valued at $5 per unit per occurrence, while inventory carrying costs are $2 per unit per year. Should the firm add safety stock? If so, how much safety stock should be added?
If a firm has an equity multiplier of 3, this means that the firm has $3 in equity for every $1 in long-term debt
Indicate whether the statement is true or false.