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Len [333]
3 years ago
12

Bill Blum insured his hardware store with a fire insurance policy for $88,000 at a cost of $0.84 per $100. Ten months later his

insurance company canceled his policy as a result of failure to correct a fire hazard. The cost of the policy to Bill was:
Business
1 answer:
Dovator [93]3 years ago
4 0

Answer:$616

Explanation:

The insurance policy is a policy on an annual basis in which premium are paid in advance to enable the insurance firm to provide cover for the clients.

Cost of insurance

$0.84* ($88000/100)

= $732.92 per annum

However since the insurance was cancelled after 10 months he will only be responsible for 10 months.

$739.2/12*10

=$616

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It’s important to know whether you’ve paraphrased and cited source material for your paper correctly so you avoid plagiarism. Re
Oksanka [162]

Answer:

The correct answer are: Example of Plagiarism ; Correctly Paraphrased.

Explanation:

Plagiarism is using someone else's work, ideas, or words as if they were their own, without explicitly crediting where the information comes from.

The outside information is owned by another person (such as a car or anything else we own), regardless of whether it is free or not, or in the way we have accessed it (on the Internet, a magazine, a book) . Our words belong to us and cannot be used without our permission.

When paraphrasing, a person performs a paraphrase of a speech, whether oral or written. For this, words, syntax and other elements of the original content must be replaced, always respecting the meaning, so that information is not lost in the process.

4 0
4 years ago
The British government increased the national debt from $75 million to $133 million by borrowing from ________ and British banke
Tpy6a [65]

The British government borrowed from the Dutch and British bankers and this increase its national debt from $75 million to $133 million.

<h3>What is a national debt?</h3>

This means the total amount of all debts owed by the government of a country.

These debt are used to service infrastructure, cater expenditure when there are insufficient revenue to cater for such.

Therefore, the British government borrowed from the Dutch and British bankers.

Read more about national debt

<em>brainly.com/question/4371750</em>

8 0
3 years ago
As part of PSM standards, hazard communication standards require employers who use hazardous chemicals to _____.
dusya [7]
As part of PSM standards, hazards communication standards require employers of different companies who use hazardous, unsafe and life threatening chemicals "to check, evaluate, classify and label each of those chemicals". These standards are developed and established by OSHA (Occupational Safety and Health Organization).
8 0
4 years ago
If a management team wishes to undertake efforts specifically aimed at helping the company meet or beat the investor-expected in
dusya [7]

Boom general operating profits in all four geographic areas -- the resulting growth in working earnings will improve general net income and assist increase the EPS, using the business enterprise's stock fee upward.

Due to the fact, that the boom in EPS can bring about an elevated and strong dividend, and thus can have an impact on the investors to buy the stocks, resulting in a boom in stock prices.

The inventory price is a relative and proportional price of an organization's worth. consequently, it only represents a percent alternate in an organization's market cap at any given factor in time. Any percentage adjustments in an inventory fee will bring about the same percent trade in a company's marketplace cap.

A percentage fee is the rate of an unmarried proportion of a number of saleable equity shares of an organization. In layman's terms, the stock price is the best amount someone is willing to pay for the inventory, or the bottom amount that it can be bought for.

Learn more about company's stock price here: brainly.com/question/25818989

#SPJ4

5 0
1 year ago
XYZ, Inc. has a beta of 1.06. The risk-free rate is 6 percent and the expected return of the market is 15.25 percent. What is XY
cestrela7 [59]

Answer:

15.8%.

Explanation:

Calculation for XYZ's cost of equity using the CAPM

Using this formula

Cost of equity = Rrf + βi[E(Rm) - Rrf]

Let plug in the formula

Cost of equity= 6% + 1.06×[15.25% - 6%]

Cost of equity= 6% + 1.06×9.25%

Cost of equity= 15.8%

Therefore the Cost of equity will be 15.8%

4 0
3 years ago
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