An asterisk (*) will appear to the right of an incorrect entry. The essay answer will not be graded.
a.
Workers’ Home-
Auto Comp. owners
Premium revenue
Less estimated claims
Underwriting income
Administrative activities:
New policy processing
Cancellation processing
Claim audits
Claim disbursements processing
Premium collection processing
Total administrative expenses
Income from operations
Income from operations as a
percent of premium revenue
b.
0%
[Key code here]
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Score:
Key Code:
Instructions
Exercise 26(11)-21
Name:
Section:
[Key essay answer here]
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SAFETY FIRST INSURANCE COMPANY
Product Profitability Report
For the Year Ended December 31, 2015
An asterisk (*) will appear to the right of an incorrect entry. The essay answer will not be graded.
a.
Workers’ Home-
Auto Comp. owners
Premium revenue 5,750,000$ 6,240,000$ 8,160,000$
Product Profitability Report
For the Year Ended December 31, 2015
Score:
Instructions
Answers are entered in the cells with gray backgrounds.
ON
Exercise 26(11)-21
Name:
Solution
Section:
Cells with non-gray backgrounds are protected and cannot be edited.
SAFETY FIRST INSURANCE COMPANY