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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
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
- Short term investment SR 200
What is return on revenues?
| a. | 30% | |
| b. | 20% | |
| c. | 25% | |
| d. | 16.6 % |
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Finance And Accounting For Nonfinancial Managers
Authors: Steven A. Finkler
5th Edition
9780808046905
