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Nonamiya [84]
3 years ago
6

Your home insurance provides for replacement value for personal property losses. A microwave is stolen. It cost $258 two years a

go and has an expected life of six years. A comparable microwave costs $366 today. What amount will the insurance company pay
Business
1 answer:
Bogdan [553]3 years ago
8 0

Answer: $366

Explanation:

Replacement Cost Coverage refers to the valuation methods for the establishment of the value of an insured property which is used in knowing the amount that an insurer will

have to pay in case there is a loss and in such case, the insurance company will have to pay the costs at the present price to replace the damaged product.

Since the comparable microwave costs $366 today, therefore the insurance company will pay $366.

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The company plans to dissolve in two years. At the present time, dividends at each date are set equal to the cash flow of $18,00
gogolik [260]

Answer:

$321 per share.

Explanation:

Given that

Annual cash flows  = $18,000

Number of shares outstanding = 100

Dividend per share = $180

Required rate of return = 8%

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Present value of share = Dividend received × Present value of $1 received every year at the end of year 2  at 8%

= $180 × 1.7832

= $321 per share.

8 0
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Tom Valerio was the point man on a major push to reinvent CIGNA Property & Casualty. His vision for CIGNA was to become a to
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Change Agent.

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5 0
3 years ago
You are a division manager at Toyota. If your marketing department estimates that the semiannual demand for the Highlander is Q
Serjik [45]

Answer:

attached below

Explanation:

7 0
4 years ago
Is mary kay an "international firm", a "multinational firm", or a "transnational firm" as defined in this course and based on it
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4 0
4 years ago
A manufacturing company that produces a single product has provided the following data concerning its most recent month of opera
Oxana [17]

Answer:

d) $57,500

Explanation:

For computation of gross margin under absorption costing first we need to find out the unit product cost under absorption costing which is shown below:-

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