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4vir4ik [10]
3 years ago
10

Three years ago, Charles purchased a health policy from the QRS Company; he has purchased two additional contracts from the same

insurer since. Each contract contains the Other Insurance With This Insurer Provision. What happens if Charles has a claim
Business
1 answer:
ikadub [295]3 years ago
5 0

Answer: a. Only one policy will pay, the premiums for the other contracts will be returned.

Explanation:

When there are multiple insurance contracts from the same insurer and these contracts have a ''Other Insurance With This Insurer'' provision, it means that in cases where the insured wants to claim, they can choose whichever of the policies they want and that one will pay out but they cannot pick them all.

The premiums paid on the other contracts/s will be returned to the insured because it represents excess coverage.

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If the stadium made $2,150,000 last year for sports events but only made $1,650,000 this year, what is the percentage decrease i
stellarik [79]

23% decrease.


We can do this by simply dividing 1,650,000 by 2,150,000. That would give us 0.7674. Multiply that by 100 and you have 76.74%.

However, this is the percent amount of how 1,650,000 is out of 2,150,000. So, we need to simply minus this answer by 100 to get 23.26, or 23%.

6 0
3 years ago
Read 2 more answers
Assume Intel Corporation (INTC) and Texas Instruments (TXN) report the following information. Intel Corp Texas Instruments ($ mi
KATRIN_1 [288]

Answer:

d. INTC: 2.36 TXN: 3.43

Explanation:

The property , plant equipment turnover is the ratio of sales divided by the amount of PPE as shown below:

PPE turnover=sales/(beginning PPE+ending PPE)/2

Intel Corporation (INTC):

PPE turnover=$38,826/($15,768+$17,111)/2

PPE turnover=$38,826/$16,439.50  

PPE turnover=2.36 times

Texas Instruments (TXN):

PPE turnover=$13,392/( $3,918+$3,899)/2

PPE turnover=$13,392/$3,908.50

PPE turnover=3.43 times

The correct option is D

3 0
3 years ago
A bond has a $1,000 face value, a market price of $989, and pays interest payments of $69.50 every year. What is the coupon rate
____ [38]

Answer:

6.95

Explanation:

Coupon rate = $69.50/$1,000 = .0695, or 6.95 percent

4 0
3 years ago
I need help please! <br> what do you think is positive about franchises in general? negative?
mote1985 [20]

It may seem that franchise has many benefits since it allows for a person to open and operate a business without much knowledge of how to run a business and generally franchises are well advertised so not much marketing costs are needed, however negative impacts are much more, since you need to pay lifetime percentages for sales and operating under franchise as well as there is no room for creativity and too much dependence on a big business. Also the funds needed to open a franchise are much higher than same business but operating independently. So negative side is prevailing.

7 0
4 years ago
What is the permeter of a rectangle
AlekseyPX

The perimeter is the total distance around the outside of a shape. In the case of a rectangle, opposite sides of the rectangle are equal. Here is a formula for finding the perimeter of a rectangle: P=2(l+w) or Perimeter = 2 × length + width

6 0
3 years ago
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