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Kitty [74]
2 years ago
14

Both nadia and samantha are applying to insure their car against theft. nadia lives in a secure neighborhood, where the probabil

ity of theft is 10%. samantha lives in a lesser secure neighborhood where the probability of theft is 25%. both nadia and samantha own cars worth $10,000, and are willing to pay $100 over expected loss for insurance. ​ how much would samantha be willing to pay for the insurance? a. ​ $1100 b. ​ $2600 c. ​ $2500 d. ​ $1000
Business
1 answer:
MrRissso [65]2 years ago
7 0

Answer:

Samantha will be willing to pay $ 2,600. The right answer is B.

Explanation:

Acording to the details, the probability of loss in case of Samantha's neighborhood is 25%.

Hence, the expected loss to her will be = 25/100 * 10000 = $2500

Samantha is willing to pay $100 over her expected loss, hence the amount that Samantha be willing to pay = ($2500 + $100 ) = $2600

Samantha will be willing to pay $2600

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Which of the following statements is correct?
Marina CMI [18]

Answer:

Free cash flow (FCF) is, essentially, the cash flow that is available for interest and dividends after the company has made the investments in current and fixed assets that are necessary to sustain ongoing operations. (A)

Explanation:

Option A- This statement is true.

Option B- This is false. After-tax operating Income is calculated as Operating profit less interest less Depreciation and less tax

Option C-This is false. They will have the same operating incomes. Operating income is calculated as Sales less operating cost.

Option D- False.

Option E- False.

8 0
3 years ago
You are in talks to settle a potential lawsuit. The defendant has offered to make annual payments of $28,000, $32,000, $66,000,
larisa86 [58]

Answer:

$202,137.90  

Explanation:

Year Annual payment Discount factor  Present value  

1 $28,000          0.965250965 $27,027.03  

2 $32,000          0.931709426         $29,814.70  

3 $66,000          0.899333423         $59,356.01  

4 $99,000          0.868082454 $85,940.16

Total present value                                         $202,137.90  

The discount factor should be computed by  

= 1 ÷ (1 + interest rate)^years  

where,  

rate is 3.6%  

Year = 0,1,2,3,4 and so on  

6 0
3 years ago
There is a 3 percent error rate at a specific point in a production process. If an inspector is placed at this point, all the er
xenn [34]

Answer:

Yes the inspector should be hired

Explanation:

Defective average = 0.03

inspection rate = 30 per hour

Cost of inspector = 8 per hour

Correction cost is $10 each

No inspection = 9/30

= 0.300

Inspector = 8/30

= 2.67

Yes the inspector should be hired

5 0
2 years ago
What effect do challenging team goals have on social loafing?
dmitriy555 [2]
I think it’s C but I’m not quite sure about that
6 0
2 years ago
When selling convenience goods such as tobacco, newspapers, chewing gum, and potato chips to convenience stores, companies often
valentinak56 [21]

Answer: intensive distribution

                 

Explanation: In simple words, it refers to a marketing strategy under which a company offers its product through as many outlets as possible in the market so that customers can easily find their product when in need.

The core objective of implementing thus Strategy is to make customer satisfied regarding the availability. These strategy is implemented for the products that already have a strong customer base.

Hence from the above we can conclude that the correct option is B.

5 0
2 years ago
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