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3 years ago

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If an insurance policy covers individual losses up to $2000 and has a deductible of $200, the insured will be paid how much in t

he event of a covered loss of $2500
A. $2,300

B. $2,000

C. $1,800

D. $2,500

1 answer:

Neko [114]3 years ago

8 0

Answer:

#2,500 is the answer of this question

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Problem 16-17 Firm Value [LO2] Change Corporation expects an EBIT of $25,000 every year forever. The company currently has no de

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Answer and Explanation:

The computation is shown below:

a. The current value of the company is

As it is mentioned that the company has no debt that means it is unlevered firm that is equivalent to unlevered value of the company

Unlevered value of the firm = Vu

Vu = EBIT × (1 - tax rate ) ÷ unlevered Cost of Equity

= EBIT × (1 - tax rate ) ÷ R0

= $25,000 × (1 - 0.22 ) ÷ 12%

= $162,500

b-1.

The computation of the value of the firm in the case when the value of the firm is equivalent to 50% of unlevered value

VL = Vu + Borrowing × tax rate

where,

Debt = borrowing = 50% × unlevered value of company

Debt = borrowing = 50% x Vu

So,

VL = Vu + Borrowing x tax rate

VL = $162,500 + ($162,500 × 50%) × 22%

= $162,500 + $17,875

= $180,375

b-2.

The computation of the value of the firm in the case when the value of the firm is equivalent to 100% of unlevered value

Levered value of the firm VL

VL = Vu + Borrowing × tax rate

Debt = borrowing = 100% × unlevered value of company

Debt = borrowing = 100% × Vu

So,

VL = Vu + Borrowing x tax rate

= $162,500 + ($162,500 × 100%) × 22%

= $162,500 + 35,750

= $198,250

C.1.

The computation of the value of the firm in the case when the value of the firm is equivalent to 50% of the levered value

VL = Vu + Borrowing × tax rate

= Vu + (VL × 50%) × tax rate

VL = Vu + (VL × 50%) × 22%

VL = Vu + 0.11 VL

VL - 0.11 VL = 162,500

0.89 VL = 162,500

VL= 182,584.27

C.2.

The computation of the value of the firm in the case when the value of the firm is equivalent to 100% of the levered value

Levered value of the firm VL

VL = Vu + Borrowing x tax rate

VL = Vu + (VL × 100%) × tax rate

= Vu + (VL × 100%) × 22%

= Vu + 0.22 VL

VL - 0.22 VL = 162,500

0.78 VL = 162,500

VL= $208,333.33

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The motive of an intimate homicide is almost always anger/revenge or profit. True or False?

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Answer: True

Explanation: An intimate homicide is a fatally violent attacked caused by someone who is in a deeply personal relationship with the victim. It is important to note that this can be a current relationship or a past one. The main motives of this type of murder are usually because of anger for whatever they feel the victim has done or made them feel, as revenge on the victim because they believe the victim has wronged them, or for some form of profitable gains such as claiming the victim's life insurance.

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I am so coufued "what i am going to in future, i am very good in art and math and cooking and pe?

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Which of the following are the characteristics of a competitive market? (Check all that apply.)

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A competitive market refers to a market where there is no monopoly of producers of goods and services, therefore, competition is high because they all have mission to satisfy the wants of a large consumers.

The characteristics of a competitive market are:

Homogeneity of product: The product are made by different producers and encourages competition.

There are existence of many buyers and sellers in the market.

There is an access to derive perfect information on price of a product at any outlet in the market.

There are no charges for transaction costs in a competitive market

No barriers to entry into or exit.

In conclusion, there is no producers which can affect the market price through its supplying rate because there are excess supply of similar product in the market.

Learn more about competitive market here

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Jill buys a refrigerator and pays the company to have it delivered. While the contract covers both a good and a service, this tr

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Answer:

Article 2 of the UCC(Uniform Commercial Code).

Explanation:

UCC is said to be an acronym which stands for the Uniform Commercial Code; this is seen also to govern many different forms of contract interactions. Article 2 in most cases are seen to cover common issues ranging from

i). Goods definition of i.e any tangible item that can be moved.

ii). Situations involving missing terms in a contract, such as a missing quantity, price etc.

iii) Contract modifications and lastly

iv). Exchanges of consideration for items of value.

Alot of research has shown in most cases that article 2 is a popularly cited provision in this body of statutes, since it governs contracts for the sale of goods between merchants or between a merchant and a non-merchant.

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