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Artemon [7]
2 years ago
13

Of the types of insurance discussed in this video which are required by law? Select all that apply. Collison O Comprehensive D U

ninsured Motorist SR-22 Personal Injury Protection Bodily Injury and Property Damage Liability​
Business
1 answer:
Xelga [282]2 years ago
6 0

The types of insurance that are required by law are Bodily injury and property damage liability and personal injury protection.

<h3>What do you mean by Insurance? </h3>

Insurance refers to the contract under which an individual is entitled to receive financial protection from the insurance company. Life, health, homeowners, and auto are the common forms of insurance.

These policies are used to hedge the risk of financial losses. The types of insurance required by law are Bodily injury and property damage liability and personal injury protection.

Learn more about Insurance here:

brainly.com/question/989103

#SPJ1

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Which ICS functional area tracks resources, collects and analyzes information, and maintains documentation?
igor_vitrenko [27]

Answer:

The correct answer is a) planning

Explanation:

The functional area that tracks resources,  collects and analyzes information, preparing incident action plans, documenting incident action plans and maintains documentation is the planning section.

And is supervised for the section chief of this ICS functional area

8 0
3 years ago
Hydro Systems has 15-year bonds outstanding with a coupon rate of 6 percent. Interest is paid annually. The face amount of each
Leya [2.2K]

Answer:

A) 5.22 percent

Explanation:

The Pretax cost of debt is the Yield to maturity (YTM) of bond.

Using a financial calculator , you can solve for the YTM with the following inputs;

Face value ; FV = 1000

Maturity of bond; N = 15

Annual coupon payment; PMT = coupon rate * Face value =  6%*1000 = 60

Current price; PV = $1,080

then compute annual interest rate; CPT I/Y = 5.22%

7 0
3 years ago
AA Tours is comparing two capital structures to determine how to best finance its operations. The first option consists of all e
-Dominant- [34]

Answer:

d.select the unlevered option since the expected EBIT is less than the break-even level

Explanation:

Unlevered option comprises of more equity than the  debt, and is thus less risky. While an option leveraged is even more debt than equity, which brings additional risk. Since the estimated EBIT is below the break-even point, it would be safer to go for an unlevered (less riskier) option.

Hence, the correct option is d.

8 0
3 years ago
I In your business, assets, and liabilities have historically varied with sales. Assets are usually 82 percent of sales, and lia
Butoxors [25]

Answer and Explanation:

<u>Computation table for Surplus amount:                                    </u>

<u>Particular                                           Current year  Future year </u>

Sales                                                       $168,000    $208,000

<u>Less</u><u>: Net Profit 11.99% of sales            $20,143.8    $24,932.2   </u>

Cost (sales - 11.99%)                            $147,856.8   $183,060.8  

<u>Owner's payout 42% of cost                $62,099.856  $76,885.536</u>

<u>Surplus (Cost - Owner payout)           $85,756.944  $106,175.264 </u>

<u></u>

<u>Computation table for additional financing fund:              </u>

<u>Particular                                     Current year   Future year </u>

Assets 82% of sales         $137,760   $170,560

<u>Less</u><u>: Liabilities 54% of sales        $90,720    $112,320    </u>

<u>Additional Funding          $47,040          $58,240    </u>

8 0
3 years ago
Several years ago MMM Company borrowed money through a bond issue with the following features. Each individual bond has a $1,000
Fynjy0 [20]

Answer:

$1040.56

Explanation:

A bond is debt instrument issued by a borrower which promises to pay the holder regular interest for the holding period and the terminal value at the end of the period.

According to the discounted cash flow model, the value of an asset is the present value of the future cash flows arising from the assets discounted at the required rate of return.

Present value is the worth today of an amount expected in the future.The process of calculating the present value is called discounting

To calculate the price of this bond, we shall discount the future cash flows using the required return of 8% per annum, which is the same as 4% per six-month

Interest payment per 6 month = (9% × $1000)/2= $45

PV of interest payment =  45 × (1-  (1.04)^(-2×5))/0.04)= 364.995

PV of redemption value = 1000 ×  1.04^(-2× 5) =               <u>675.56</u>

Price of the bond                                                               1<u>040.56</u>

6 0
3 years ago
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