Takaful company has the following information: Earned contributions SR 500 Net claim incurred SR 100 Cash SR 50 Short-term investment SR 150 Average assets SR 1500 Total expenses SR 200 Net income SR...


Takaful company has the following<br>information:<br>Earned contributions SR 500<br>Net claim incurred SR 100<br>Cash SR 50<br>Short-term investment SR 150<br>Average assets SR 1500<br>Total expenses SR 200<br>Net income SR 100<br>Gross contributions SR 600<br>Net contributions SR 550<br>What is expense ratio?<br>а.<br>40%<br>b.<br>30%<br>С.<br>36.3%<br>d.<br>50%<br>

Extracted text: Takaful company has the following information: Earned contributions SR 500 Net claim incurred SR 100 Cash SR 50 Short-term investment SR 150 Average assets SR 1500 Total expenses SR 200 Net income SR 100 Gross contributions SR 600 Net contributions SR 550 What is expense ratio? а. 40% b. 30% С. 36.3% d. 50%

Jun 02, 2022
SOLUTION.PDF
SOLUTION.PDF

Get Answer To This Question

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here
Have files?