_is when there is temporarily not enough of something

Under Part F of the Personal Auto Policy, which of the following is correct when there are two or more auto policies issued by t

kirza4 [7]

Answer:

C This policy will be excess if the other policy is in a different insurer.

Explanation:

Concurrent Insurance is a situation where there are more than one insurance policy for same risk. This is insurance policy which is usually with one primary policy covering the basic loss and then there is secondary policy which provides the excess loss coverage. There can be some clauses in the policy which will define the extend of the loss coverage. This is suitable for business with significant risks. Here also in the question there are two insurance policies for a personal auto.

5 0

3 years ago

Lightfoot Company sells its product for $55 per unit and has variable costs of $30 per unit. Total fixed costs are $25,000. Supp

soldi70 [24.7K]

Answer:

The Break-even point in units will increase by 250 units.

Explanation:

Giving the following information:

Fixed costs= $25,000

Selling price= $55

Unitary varaible cost= $30

First, we need to calculate the current break-even point in units:

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 25,000 / 25

Break-even point in units= 1,000

Now, the new Break-even point in units:

Break-even point in units= 25,000 / (55 - 35)

Break-even point in units= 1,250

The Break-even point in units will increase by 250 units.

7 0

3 years ago

Martin's Inc. is expected to pay annual dividends of $2.50 a share for the next three years. After that, dividends are expected

blagie [28]

Answer:

The stock current intrinsic value is: $39,46

Explanation:

We solve using the gordon model for dividend growth to valuate the price of the stock:

$\frac{dividend_1}{return-growth} = Intrinsic \: Value$

d0 = 2.50

d1 = 2.50 x 1.03 = 2.575

$\frac{2.575}{0.09-0.03} = Intrinsic \: Value$

Value: 42,91666666666667‬

This value is three years therefore, we need to discount:

$\frac{Principal}{(1 + rate)^{time} } = PV$

Maturity $42.9167

time 3.00

rate 0.09000

$\frac{42.9166666666667}{(1 + 0.09)^{3} } = PV$

33.1395

We also have to calcualtethe present value of the first, second and third year dividends

discount rate 0.09

# Cashflow Discounted

1 2.5 2.29

2 2.5 2.1

3 2.5 1.93

PV 6.32

We ad this to the PV of the infinite future dividends growing at 3%

6.32 + 33.1395 = 39,4595‬

7 0

3 years ago

In the current year, a taxpayer reports the following items: Salary $50,000 Income from partnership A, in which the taxpayer mat

ollegr [7]

Answer:

Usually, passive loss cannot be taken without passive gain.

but when that passive activity interest has been sold in that year, the loss in that activity can be taken

Explanation:

5 0

4 years ago

Read 2 more answers

List at least three options you have when you cannot meet your responsibility to repay a loan, and explain why each of these is

Alex Ar [27]

You can delay your payments.
You can cancel the loan.
Discharge the loan by going bankrupt.
The best of these three would be your personal preference..

7 0

3 years ago

Read 2 more answers