Dixit Insurance company has a loss ratio of 0.66, an underwriting expenses of 394.11, if the loss adjustment expenses and incurred expenses are 868 what is the company's expense ratio?

Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter10: Decentralization: Responsibility Accounting, Performance Evaluation, And Transfer Pricing
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Problem 23E: Refer to 10.22. If the imputed interest rate is 6%, what is Anders Company residual income for the...
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QUESTION 6
Dixit Insurance company has a lass ratio of 0.66, an underwriting expenses of 394.11, if the loss adjustment expenses and incurred expenses are 868 what
is the company's expense ratio?
Transcribed Image Text:QUESTION 6 Dixit Insurance company has a lass ratio of 0.66, an underwriting expenses of 394.11, if the loss adjustment expenses and incurred expenses are 868 what is the company's expense ratio?
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