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Takaful company has the following information: Earned contributions SR 500 Total expenses SR 200 Net income SR 100 Gross contributions SR 600 Net investment income
Takaful company has the following information:
- Earned contributions SR 500
- Total expenses SR 200
- Net income SR 100
- Gross contributions SR 600
- Net investment income SR 70
- Average investment accounts SR 300
- Short-term liabilities SR
What is the investment yield?
| a. | 23.3% | |
| b. | 30% | |
| c. | 40% | |
| d. | 25% |
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Accounting For Inventory
Authors: Steven M. Bragg
2nd Edition
1938910648, 9781938910647
