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nlexa [21]
3 years ago
8

Bill was severely injured by an uninsured driver. Bill did not purchase uninsured motorists coverage, and the other driver, alth

ough held liable, could not pay the damages awarded. After exhausting other sources of recovery, Bill learned that his state is one of a few states that has a special fund to compensate innocent accident victims. These state funds are called
A) guaranty funds.
B) unsatisfied judgment funds.
C) rainy-day funds.
D) second injury funds.
Business
1 answer:
timama [110]3 years ago
4 0

A guarantee funds.........

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Suppose that the global crude oil price has risen due to refinery breakdowns caused by middle-east politics and warfare. Crude o
Sergeu [11.5K]

Answer:

"Definitely increase" is the correct approach.

Explanation:

  • As fuel demand rises, consumption exceeds the amount, as manufacturers are unable to cope with either the surge in demand whenever the profit margin is still rising.
  • We could perhaps state precisely that consumption overtakes the output of petrol or the curve of availability to that same right as well as would therefore be at that same greater degree.

Thus the above is the correct answer.

8 0
3 years ago
Blanco Company purchased 200 of the 1,000 outstanding shares of Darby Company's common stock for $600,000 on January 2, 2018. Du
Kruka [31]

Answer:

$660,000

Explanation:

The computation of the equity investment is shown below:

= (Common stock balance) + (Earnings × purchased shares ÷ Total outstanding shares) - (dividend × purchased shares ÷ Total outstanding shares)

= ($600,000) + ($400,000 × 200 shares ÷ 1,000 shares) - ($1,00,000 × 200 shares ÷ 1,000 shares)

= $600,000 + $8,0000 - $20,000

=$660,000

5 0
4 years ago
A nonprofit that helps low-income elderly people and their families navigate the health care system has been experiencing high t
Degger [83]

Answer:

The correct answer is the second option: Offer internship opportunities to college students getting degrees in social work.

Explanation:

To begin with, in the case that an organization is experiencing a situation like that where its entry-level workers have been experiencing a high turnoever then the proper action to take is to offer internship opportunities to college students getting degrees in social work due to the fact that those studets will be people just graduated and therefore that they will be looking for jobs with no intention of leaving the organization, so in that order the nonprofit should welcome those interns for training and later leave the best ones and they will not quite the job because they will not have nothing else.

8 0
4 years ago
The future value and present value equations also help in finding the interest rate and the number of years that correspond to p
Vilka [71]

Answer:

4%

Explanation:

Solution:

Calculation for the the implied interest rate the investor will earn on the security

Using this formula

Future value = Present Value (1+r)^t

Where,

Future value =$7,300

present value = $6,000

t= period = 5 years

r= interest implied = ??

Let plug in the formula

Future value = Present Value (1+r)^t

$7,300 = $6,000 (1+ r)^5

1+ r = ($7,300/$6,000 )^(1/5)

1+ r = 1.216666666^(1/5)

1+ r = 1.04

r= 1.04-1

r= 0.04*100

r= 4%

Therefore the implied interest rate the investor will earn on the security will be 4%

4 0
3 years ago
Marko, Inc. is considering the purchase of ABC Co. Marko believes that ABC Co. can generate cash flows of $5,000, $9,000, and $1
nika2105 [10]

Answer:

$21,435.74

Explanation:

Marko will pay as much as the discounted present value of the cash flow:

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity  $5,000.00

time  1.00

rate  0.14000

\frac{5000}{(1 + 0.14)^{1} } = PV  

PV   4,385.9649

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity  $9,000.00

time  2.00

rate  0.14000

\frac{9000}{(1 + 0.14)^{2} } = PV  

PV   6,925.2078

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity  $15,000.00

time  3.00

rate  0.14000

\frac{15000}{(1 + 0.14)^{3} } = PV  

PV   10,124.5727

We add them together and get the total price for ABC Co

\left[\begin{array}{ccc}#&Cashflow&Discounted\\&&\\1&5000&4385.96\\2&9000&6925.21\\3&15000&10124.57\\&total&21435.74\\\end{array}\right]

8 0
4 years ago
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