Answer:
The correct answer is letter "D": Insurance companies will only cover losses suffered while the policy is already in place.
Explanation:
Regardless of the type of insurance you purchase, the purpose of the coverage is having a policy in case an unexpected unfortunate event takes place. <em>Insurances do not enroll individuals who need the policy just because of an ongoing accident</em>. Those individuals could enroll in an insurance plan but the ongoing accident will not be covered by the company. Only those events happening when the policy is already valid are subject to evaluation for coverage.
The correct answer for this question is a. True. Hope this helps you fulfill your desires.
Answer:
McCann Co.
Present value
a. At 9$ = $2,017.38
b. At 16% = $3,379.42
c. At 25% = $2,798.71
Explanation:
a) Data and Calculations:
Year Cash Flow Discount Present
Factor at 9% Value
1 $840 0.917 $770.28
2 1,170 0.842 143.14
3 1,430 0.772 1,103.96
4 1,575 0.708 1,115.10
Total Present value = $2,017.38
Year Cash Flow Discount Present
Factor at 16% Value
1 $840 0.862 $724.08
2 1,170 0.743 869.31
3 1,430 0.641 916.63
4 1,575 0.552 869.40
Total Present value = $3,379.42
Year Cash Flow Discount Present
Factor at 25% Value
1 $840 0.800 $672.00
2 1,170 0.640 748.80
3 1,430 0.512 732.16
4 1,575 0.410 645.75
Total Present value = $2,798.71
Answer:
C) 30.8
Explanation:
The operations manager will determine the factor-rating score by the weighted average of all factors' scores.
Factor A - weight: 0.50; score: 30
Factor B - weight: 0.20; score: 46
Factor C - weight: 0.30; score: 22
The factor-rating score is:

The factor-rating score for Ling Services is 30.8.