Answer the following questions involving performance metrics. Show your math for all questions. 1. Creative Crafts is a specialty retailer of art and craft supplies with two stores. Performance
metrics for the entire business last year are as follows:
Total Sales: $350,000
Total Expenses: $247,000
Total Assets: $630,000
Calculate the profit for this business:
Calculate the profit/assets percentage for this business:

(a) when insurance is obtained through a reciprocal insurer, the insureds are sharing the risk of loss with other subscribers of that reciprocal.

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