STATE: Which of the following statements regarding homeowner's irsurance is true A. The listing agent should advise the seller to cancel homeowner's insurance immediately after B. Vacant properties are always covered by the seller's standard homeowner's insurance police going under contract C.A seller that retains possession after closing may not be covered under their homeowner's insurance policy D. Homeowner's Insurance policy premiums are not affected by previous claims
Q: List any five (5) unique features of public finance that makes it relevant to contemporary…
A: Public finance is that domain of finance that pertains to a country’s revenue, expenses, and debt as…
Q: Caddie Manufacturing has a target debt-equity ratio of .75. Its cost of equity is percent, and its…
A: The cost of capital is the rate of return that a company gives on all its capital whether it is…
Q: What is the inventory turnover if an annual credit sales value of 365 million; accounts receivable…
A: Solution:- We know, Inventory Turnover Ratio means the ratio of cost of goods sold to the average…
Q: Your company, CSUS Inc., is considering a new project whose data are shown below. The required…
A: Solution:- Cash flow means the amount of money generated in a particular year by the project after…
Q: 34. Thirty-year Treasury bonds typically have a higher yield to maturity than two-year Treasury…
A: Hi There, Thanks for posting the questions. As per our Q&A guidelines, must be answered only one…
Q: What was the original interest rate?
A: The original interest rate can be found using the time value of money concept. In excel, the RATE…
Q: 1. Distinguish between the conventional and contemporary scope of public finance in your own words…
A: The study of government receipts and payments is referred to as public finance. The term 'finance'…
Q: Which of the following is true about the WACC? It’s the appropriate discount rate for all new…
A: Solution:- Weighted Average Cost of Capital (WACC) means the minimum rate of return required by the…
Q: Suppose a customer has to pay a total amount of PhP 20,676 as a payment of a personal loan at the…
A: Solved using Financial Calculator FV = 20,676 N = 3.5 * 4 = 14 I/Y = 4/4 = 1 CPT PV = 17,987.35
Q: Long 1 lot Syarikat XYZ stock @ RM 15Long 1, 3-month Syarikat XYZ put @ RM 0.15 B C D E…
A: Here,
Q: 1. Assume that on January 1, 2020 Aldous invested Php 100,000 in a financing company. Aldous would…
A: As per Bartleby guidelines, If multiple questions are posted , only first 1 question will be…
Q: You have just been offered a contract worth $1.00 million per year for 5 years. However, to take the…
A: Given, As for 5 years, We will get $1.00 million every year. And now we have to purchase the…
Q: At the start of the year, Noel's time deposit has a balance of P250,000, At the end of the year, the…
A: The Financial Ratio is mainly used by the investor for measuring the financial performance of the…
Q: Yesterday, John bought a ten-year, $50,000 coupon bond with an annual rate of 5% compounded…
A: Bonds are debt instruments that companies issue in order to raise funds in the form of debt.…
Q: 1. Monty Python, the CEO of LeSTA resigned in 2016 after an internal investigation revealed that he…
A: Ethics Ethics focuses on the moral principles. Moral principles guide how people make decisions. In…
Q: 8) What lump sum should you deposit now at 1.6%, compounded continuously, to attain $750,000? 9) The…
A: Present Amount: It is the present worth of the future sum of the amount and is estimated by…
Q: 3 Miguel would like you to calculate whether he has realized a capital gain or loss on a T-bill he…
A: Capital gain/loss The capital gain/loss on a transaction is calculated as shown below. Capital…
Q: At the end of each quarter, a life insurance client deposits Ph 6,366 for 5 years. If money is worth…
A: Solution:- When an equal amount is deposited each period at end of period, it is called ordinary…
Q: 5) Determine the present value at time 0 of payments of $1,000 at the start of each month for 5…
A: Present Value: The present value is the value of cash flow stream or the fixed lump sum amount at…
Q: If the cost of capital is 18 percent and an investment costs $51,000, should you make this…
A: Cost of capital is 18% Initial cost is $51,000 Cash flow years 1-3 is $8,000 Cash flow Year 4-6 is…
Q: RCISES . The management of Sisa Fitness Center is planning to replace an old P30,000. The old…
A: Given: Particulars Year 0 Initial investment -50,000 Installation -10,000…
Q: A municipal bond with a face value of $10,000 and bond interest rate of 8% per year payable…
A: Given, The face value of the bond is $10,000 Interest rate 8% Yield is 12%
Q: Frederic, Inc. a successful nursery, is considering several expansion projects. All of the…
A: Expected return - It is the amount of profit or loss an investor anticipates on investment by…
Q: Four analysts cover the stock of Alcohol Chemical. One forecasts a 5% return for the coming year. A…
A: As per Bartleby guidelines, If multiple questions are posted , only first 1 question will be…
Q: If we no longer use the federal deficit and debt as an excuse not to pass much needed policies and…
A: In finance federal deficit refers to that situation which the spending by the government exceeds its…
Q: If the market price for an option is lower than what the value is from using the binomial model what…
A: Options are contracts that provide the buyer the right, but not the responsibility, to buy or sell a…
Q: You borrow $364000 for the the purchase of a house at an APR of 7.52% for 15 years. Your monthly…
A: A mortgage is a loan on a property for which the property itself is the collateral.
Q: g factory has been offered a contract to produce a part for a new printer. The contract would last…
A: Solution:- Internal Rate of Return (IRR) means the rate of return the project is yielding. At IRR,…
Q: Exclusions from gross income, except: O Interest on the price of land covered by the Presidential…
A: As per Bureau of Internal Revenue(BIR) of republic of Philippines, certain items have been specified…
Q: Mackenzie Company has a price of $33 and will issue a dividend of $2.00 next year. It has a beta of…
A: Given, (Part a)The cost of capital,=Risk-free rate+Beta×Market (risk) premium…
Q: True or false? Using the cash flow statement, as a financial control, is not necessary when your…
A: Step 1 A cash flow assessment is a crucial indicator of a company's health, profitability, and…
Q: that currently has 100 units of capital, and their desired level a epreciation rate is 10%, how much…
A: For a company units of capital is an essential input factor. Units of capital along with labor are…
Q: Inflation and unemployment are twin problems that every government attempts to address. Elucidate…
A: Inflation is the decline in the purchasing power of a currency over time. By tracking the average…
Q: For a 10% $1,000 coupon bond, when the market interest rate is greater than 10%, the value of the…
A: As per Batleby Honor Code, when multiple questions are asked, the expert is required only to solve…
Q: Use the average daily balance method to compute the finance charge on the credit card account for…
A: Finance charge is an additional amount which is charged on an amount financed through external…
Q: he Zinger Corporation is considering an investment that has the following data: Year 1 Year 2 Year 3…
A: Pay back period is amount of period required to recover initial investment of the project from the…
Q: Project X has an initial investment cost of $20.0 million. After 10 years it will have a salvage…
A: Internal rate of return is the return at which present value of cash flow is equal to initial…
Q: Ivan is looking to purchase a home that costs $ 160,000. The interest rate is currently at 3.7 %.…
A: As per Bartleby guidelines, If multiple questions are posted , only first 1 question will be…
Q: 17.) A crusher for use in a mining operation is expected to have a maintenance cost of $10,000 in…
A: Equivalent annual costs are the costs that vary every year but are expressed as annuity. This is…
Q: Tannen Industries is considering an expansion. The necessary equipment would be purchased for $16…
A: Equipment purchased = $16,000,000 Net working capital = $1 million Tax rate = 25%
Q: 12. A company has agreed to pay $4.2 million in 6 years to settle a lawsuit. How much must it invest…
A: Future value required = $4,200,000 Interest rate = 6% Number of compounding per year = 12 Period= 6…
Q: 8 years ago a company installed a robot that today has a market value of $60,000 and every year it…
A: Given, An information about a company which installed a robot for its operational activities.…
Q: The following information are available for Showan Inc: Operating Profit Margin 21%, taxes of 35%,…
A: Operating profit margin ratio = 21% Tax rate = 35% Interest expenses = 120,000 Sales = 3,527,000…
Q: a. Assuming that the expectations hypothesis is valid, compute the expected price of the four-year…
A: Expectation theory used to attempt for predicting for the short term rate of interest, which are…
Q: All of the following can hurt your credit score EXCEPT
A: Credit Score: It is a metric used to measure the ability of individuals to pay back the amount…
Q: 2. At the end of each year, an investor deposits some money into a fund earning 7% interest. The…
A: When the certain amount of money is deposited at the regular interval over a period of time at a…
Q: Calculate the present value of an annuity immediate of 100 per quarter for 6 years using a…
A: Present Value of Annuity Due refers to a concept which determines the discounted value of cash flows…
Q: If you deposit $13.224 annually at the end of every year in a bank account paying 8% annually. how…
A: The present value of an annuity is the current value of future payments from an annuity, given a…
Q: Consider two portfolios A and B. At the expiration date, t, both portfolios have identical payoffs.…
A: Black–Scholes model: It is a differential equation used to price options contracts and require…
Q: Why is the NPV so important? Why don’t we use the average accounting rate of return instead for this…
A: Net Present Value (NPV) is the difference of present value of cash inflow and cash outflow over the…
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- Which of the following is NOT true about a temporary insurance agreement? Select one: a. It can only cover life insurance and living benefits b. It expires the date the policy becomes effective c. The applicant will submit the premium with the application d. It can be provided if the agent believes the policy will be issuedWhich of the following statements is correct about perils in property insurance policies? An (HO-2) form provides coverage for more perils than a (HO-3) Form. a Peril is defined as the cause of a loss A peril increases the chance of a loss a property insurance policy must contain a list of all cover perilsWhich of the following types of insurance does NOT involve a contract with an external party? a. self insurance b. directors and officers insurance c. property insurance d. life insurance
- Name a peril that is often excluded from an home or auto insurance policy. Why is the peril included in an insurance policy(a) An insurance agent is not required to disclose all information prior to thecontract of insurance between the insurance company and the insuredperson. Discuss.(b) Nona wishes to purchase a takaful policy, but she wants to know about the role of a Takaful operator compared to an insurance provider. Advise NonaSupplemental coverage for homeowner's insurance is available through endorsements. Which one of the following is not a common form of additional coverage? A) personal articles floaters B) earthquake coverage C) flood protection D) medical payments E) inflation guard
- A "waiver-of-premium” clause: Select one: a. allows the person to purchase additional insurance at no extra cost means the insured will receive the cash value immediately allows an insurance agent to pay your premiums b. C. O d. waives the suicide clause e. pays premiums in the event of illness or disability Clear my choiceWhich of the following would not be an appropriate subaccount for an Insurance Expense Account? Multiple Choice Auto Insurance Expense. Liability Insurance Expense. Rent Expense. Renter Insurance Expense.Which of the following is not an insurance management tool? Group of answer choices deductibles. screening of applicants. limits on insurance. restrictive covenants. signalling.
- Describe how an unrelated tenant in common or joint tenant should protect him- or herself from potential liability (for negligence, injury to guests, or casualty loss) if his or her fellow tenants are not willing to buy insurance to do so?1. S1: Insurance service result is recognized in other comprehensive income. S2: Principle of Subrogation is the legal principle that precludes you from obtaining fire insurance on your neighbor’s house with you as the beneficiary. A.Both statements are correct B. Both statements are incorrect C. Only S1 is incorrect D. Only S1 is correct 2. which of the following is not one of the groupings of insurance contracts under pfrs 17? A. those that are onerous at initial recognition B. those that pay premiums at initial recognition which are to be measured using the simplified approach C. those that, at initial recognition, have no significant possibility of becoming onerous in subsequent periods D. those that are not onerous at initial recognition but can become onerous in subsequent periodsEntity A obtains life insurance for its key employee from Entity B (an insurance company). Entity B cedes the insurance contract with Entity A to Entity C, another insurance company. How should Entity B account for the insurance contract with Entity C?A. using the modified version of the general model applicable for onerous insurance contractsB. using the general modelC. using a modified version of (a) or (b) applicable to reinsurance contracts heldD. using the premium allocation approach