Answer:
A triple indemnity rider establishes that the insurance company will pay double or triple (depends on the accident and the specifics of the policy) the original insurance amount in case the insured dies from an accident as long as the insured was not responsible for the accident. In this case, since the insured was responsible for causing the accident, his family will receive the face value of the policy ($1,000,000) and the triple indemnity rider clause will not be enforced.
Answer:
Premium is likely to be $180.00
Explanation:
Two players have 40% chance of slipping
Equally,two players have 20% chance of slipping
bruise cost per slip is $150
Premium=40% chance of slipping*bruise cost*2 players +20% chance of slipping*bruise cost*2 players
Premium=40%*$150*2+20%*$150*2
Premium=0.4*$150*2+0.2*$150*2
premium=$60*2+$30*2
premium=$120+$60
premium=$180.00
If the insurance company offers bruise insurance to the players ,the premium is likely to be in the region of $180.00
According to the World Health Organization (WHO), health is defined as a state of complete mental, physical, and social well-being. Being healthy is not simply the absence of disease or infirmity according to his organization. Being free from diseases is not enough to call yourself healthy, you have to be mentally healthy, physically healthy, and socially healthy.<span> </span>
Answer:
1. B. 3.14
2. C. 1.12
Explanation:
1. Times Interest Earned ratio
Measures how well a company is able to cover it's debt obligations using it's earnings.
The formula is simply,
= Earning before Interest and Tax / Interest Expense
Therefore,
Times Interest Earned ratio = 116/37
= 3.14
HHF's times interest earned ratio is Option B, 3.14.
2. Debt to Equity Ratio
This ratio compares the debt used to fund a company vs it's equity. It measures how much of either way used to fund the company.
The formula is,
= Total Debt / Total Equity
= 540/484
= 1.12
HHF's Debt to Equity ratio is 1.12, Option C.
The free market<span> is
defined as the system in which the price of goods is agreed upon by
consent between sellers and consumers, through the laws of supply and demand.
Their requirements are the existence of free competition, (which in turn requires that among the participants
of a commercial transaction there is no coercion, no fraud, or more generally,
that all transactions are voluntary), c</span>omplete universal information about the products and their prices,
a free medium of exchange with a common currency, reasonable transaction costs,
set of sellers and a set of buyers.
