Answer:
Option (C) is correct.
Explanation:
Given that,
Revenues = $55,632 million
Net operating profit after tax = $9,954 million
Net operating assets at fiscal year-end 2016 = $58,603 million
Net operating assets at fiscal year-end 2015 = $59,079 million
Net operating profit margin is determined by dividing the net operating profit after tax by the total amount of revenues during a fiscal year.
Net operating profit margin:
= (Net operating profit after tax ÷ Revenues) × 100
= ($9,954 ÷ $55,632) × 100
= 0.1789 × 100
= 17.89%
Answer: Broker
Explanation: An insurance broker is a person or group of persons who have the legal authority to trade or manage insurance policy of his or her clients. A broker advices the policy holder on necessary actions to take.
Under the California code insurance brokers are not permitted for life and health insurance policy.
An insurance broker is acting as a third party to his or her clients.
Answer:
Kindly check attached picture
Explanation:
Kindly check attached picture for detailed statement using the direct method
Because the assured is 42 when the life policy was issued, such age will be called an original age of the policy.
<h3>What is an
original age?</h3>
In a life policy, an Original Age refers to the age of an insured at the inception of a life insurance policy.
Therefore, as the the assured is 42 when the life policy was issued, such age will be called an original age of the policy.
Read more about original age
<em>brainly.com/question/26386049</em>
Answer:
The intrinsic value of a share today is $16.87
Explanation:
Intrinsic Value of the share is calculated as below.
Dividend Valuation method is used to value the stock price of a company based on the dividend paid, its growth rate and rate of return. The price is calculated by calculating present value of future dividend payment.
Value of Share = Dividend / (Rate of return - Growth rate)
placing values in the formula
Value of share = $2 / (14% - 6%) = $25
$25 is the value of share after 3 year, to calculate today's value we have to discount it as below
Today's value of share = $25 x ( 1 + 14% )^-3 = $16.87