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2 years ago

Which of the following personal property items has the HIGHEST specific limitation on coverage?

1 answer:

8 0

The personal property items that have the HIGHEST specific limitation on coverage are jewelry, watches, and precious stones or metals because they are saved in a location, especially in banks

<h3 /><h3>The properties having HIGHEST specific limitation on coverage.</h3>

A limit is the highest amount your insurer will pay for a claim that your insurance policy covers.

Some of these specific limits apply to a building or personal property at a single location.

From the listed option, the personal property items that have the HIGHEST specific limitation on coverage are jewelry, watches, and precious stones or metals because they are saved in a location, especially in banks

Learn more on specific limitations on coverage here: brainly.com/question/27015627

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Turnbull Co. is considering a project that requires an initial investment of $570,000. The firm will raise the $570,000 in capit

ss7ja [257]

Answer:

WACC = 10.868%

Explanation:

The following data table will show the easiest way to calculate weighted average cost of capital.

Capital components Investment ($) Weight

Debt Capital (Wd) 230,000 230,000 ÷ 570,000 = 0.40

Equity Capital (We) 320,000 320,000 ÷ 570,000 = 0.56

Preference capital (Wp) 20,000 20,000 ÷ 570,000 = 0.04

Total Investment $570,000 1.00

We know,

WACC = [Wd × Kd (1 - T)] + [Wp × kp] + [We × ke]

Given,

Kd (1 - T) = 9.6% × (1 - 0.25) = 7.2%

kp = 10.7%

ke = 13.5%

WACC = [0.40 × 7.2%] + [0.04 × 10.7%] + [0.56 × 13.5%]

or, WACC = 2.88% + 0.428% + 7.56%

Therefore, WACC = 10.868%

8 0

3 years ago

The senior leadership and board of directors are meeting to determine the key priorities for community Hospital for the year ahe

Pie

Answer:

lol umm i knew it but then forgot

Explanation:

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3 years ago

Walmart visa gift card Invalid Gift Card information. Please try again in 24 hours.

Hoochie [10]

Walmart visa gift cards are the gift cards that are used to make payments just like the credit or the debit cards used. The benefit with this is that you get a gift with every purchase you make, making it attractive for the buyer.

<u>Explanation:</u>

Walmart visa gift cards are the cards that are used to make payment just like the debit or the credit card. The amount gets deducted directly from the account with every purchase the consumer makes. But the benefit of this is that you get an assured gift with every purchase you make. So this attracts the customers.

Walmart Visa gift cards are acceptable at the places where visa gift cards are acceptable throughout the United States of America and the district of Columbia. These gift cards are not acceptable internationally. These can only be used in the country to make purchases and not in other countries of the world.

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3 years ago

An increase in the firm's WACC will decrease projects' NPVs, which could change the accept/reject decision for any potential pro

STatiana [176]

Answer:

False

Explanation:

The first part was true. A higher WACC results in a lower NPV simply because a higher discount rate results in a lower present value.

E.g. 100 / (1 + 6%)³ = 83.96, but if we increase r to 10%, then 100 / (1 + 10%)³ = 75.13

The second part is wrong because under the IRR method, the decision rule is very simple, all projects are accepted if their IRR is higher than the project's WACC (or discount rate). I.e. if hte project's WACC increases, so does the chance of the project being rejected because the IRR might be lower than the WACC.

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3 years ago

choli [55]

solution to the question is in attached image.

3 0

3 years ago