A short term insurance company receives seven motor vehicle claims, on average, per week. Assume that the daily claims follow a Poisson process and 7 working days per week a) what is the probability that on a given day no more than two motor vehicle claims will be received?
b) what is the probability that more than 7 but less than 11 motor Vehicle claims will be received in any given week?

Corporations with suppliers, vendors, and customers all over the globe are referred to as : a) global corporations b) international corporations c) multinational corporations d) multicultural corporations

Why has the free enterprise system been modified to include some government intervention?

Companies hd and ld are both profitable, and they have the same total assets (ta), total invested capital, sales (s), return on assets (roa), and profit margin (pm). both firms finance using only debt and common equity. however, company hd has the higher total debt to total capital ratio. which of the following statements is correct? a) company hd has a higher assets turnover than company ld. b) company hd has a higher return on equity than company ld. c) none of the other statements are correct because the information provided on the question is not enough. d) company hd has lower total assets turnover than company ld. e) company hd has a lower operating income (ebit) than company ld