gungamer720
gungamer720
05.12.2019 • 
Social Studies

Granite insurance company"s combined ratio 2 years ago was 1.035. a review of that year"s financial statements showed the company paid $4.5 million in income taxes, why was the company required to pay income taxes when its underwriting activities produced a loss, as measured by the combined ratio found in question 19?

Solved
Show answers

Ask an AI advisor a question