Question: Chapter 7: End of Chapter Exercises Homework . Due in 3 days 11/13 answered Unanswered Submit Chapter 7 Review Questions 8 Homework . Unanswered True
Chapter 7: End of Chapter Exercises Homework . Due in 3 days 11/13 answered Unanswered Submit Chapter 7 Review Questions 8 Homework . Unanswered True or False: The cost that companies incur when they set aside capital for losses instead of using it for working capital in the business is the opportunity cost of funds. The capital has a value. If the capital is used in the business, then the value is often more than if it is used for paying losses. The difference between these values (opportunity cost) could affect decisions to self-insure or not. As opportunity costs rise, so does the likelihood that there will be no self-insurance Fullscreen Unanswered
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