How much will the teams insurer pay for the loss

Assignment Help Financial Econometrics
Reference no: EM13327696

The Lincoln Saltdogs is a professional minor league baseball team in the American Association league. The clubhouse is insured for $300,000 under a commercial property insurance policy with an 80 percent coinsurance clause. The current replacement cost of the clubhouse is $500,000. After a playoff game for the league championship, a whirlpool tub for injured players shorted out, and a fire ensued. The clubhouse sustained a $40,000 fire loss. Ignoring any deductible, how much will the team's insurer pay for the loss?

Reference no: EM13327696

Questions Cloud

Find the temperature at the initial state : 4 lbm of water is in a volume of 10.0 ft3 at 60 psi. The water undergoes an isobaric change of state until the temperature is 500°F. Find the temperature at the initial state
Mitigate threats by bolstering weaknesses : Use both research and your personal experience to develop a SWOT analysis of your college or university (your school’s website is almost certainly a rich source of information). Remember that strengths and weakness are internal, and typically within ..
Determine what is the value of the stock today : Simpkins Corporation does not pay any dividends because it is expanding rapidly and needs to retain all of it's earnings. However, investors expect Simpkins to begin paying and dividends, with the first dividend of $.50 coming 3 years from today.
What is the average speed of the object : An object moves 20 m east in 30 s and then returns to its starting point taking an additional 50s. what is the average speed of the object
How much will the teams insurer pay for the loss : The Lincoln Saltdogs is a professional minor league baseball team in the American Association league. The clubhouse is insured for $300,000 under a commercial property insurance policy with an 80 percent coinsurance clause.
What must be the coefficient of static friction for a car : If a curve with a radius of 83 m is properly bamked for a car traveling 70 km/h, what must be the coefficient of static friction for a car not to skid
Determine how much will ashleys insurer pay : ashley has a major medical health insurance policy with a $2 million lifetime limit. The policy has a $500 calendar year deductible and a 20 percent coinsurance clause.
Is there a significance to caribbean island of nevis : Does it have the characteristic of being one way or can this number be end result of some other rule if so which rule?
Evaluate the focal length of a lens : A 2.0-cm-diameter spider is 1.50m from a wall. Determine the focal length of a lens that will make a half-size image of the spider on the wall

Reviews

Write a Review

Financial Econometrics Questions & Answers

  Determine what was the annual increase in selling price

Assume that in January 2010, the average house price in a particular area was $278,400. In January 2000, the average price was $195,300.

  Explain why starting large number of wafers into production

The company uses a process costing system and has always made the simplifying assumption that wafers in production, but not yet finished, are 50 percent complete with respect to conversion costs.

  Find ebit indifference level associated with the two plans

To finance the new venture two plans have been proposed. Plan A is an all common equity structure in which $2.3 million dollars would be raised by selling 86,000 shares of common stock.

  What amount of cash deposited at percent compounded annually

What amount of cash deposited today at 6.2-percent compounded annually will enable you to withdraw $8,098 at the end of each of the next 25-years

  Find the firms dividend payout ratio and retention ratio

Payout and retention ratio: Drekker, Inc., has revenues of $312,766, costs of $220,222, interest payment of $31,477, and a tax rate of 34 percent. It paid dividends of $34,125 to shareholders.

  Describe how to analyze the scenario of mfs

Analyze the following scenario: The Unified Path is an umbrella organization that solicits donations to support its many charitable suborganizations. One of these is the Millbridge Family Service (MFS).

  Determine possible investment potential between 2-companies

As the representative from your accounting firm or practice, you are in charge of stock market analysis that will be presented to clients as part of professional consultation process.

  Determine what the wacc at 35 percent marginal tax

A firm also has 700 short term commerical paper notes outstanding that have a face value of $100000 and mature in 24 days .these notes are selling for 99979.31. What the wacc at 35 percent marginal tax

  What is allocation rate if patient services revenue is used

The patient services departments generated 7 million in total revenues during the year and to support these clinical activities they used 4663 hours of housekeeping services. What is the allocation rate if patient services revenue is used as the ..

  Calculate t if the force of interest is delta given

Using the method of equated time, a payment of 100 at time t = 1 plus a payment of X at time t = 10 is equivalent to a payment of 100 + X at time t = 4. The above two payments of 100 and X are equivalent to a payment of 100 + X at time t

  Journalize the march transactions including explanations

the company uses these accounts: cash, prepaid insurance, land, building, equipment,accounts payable, unearned service revenue, common stock, retained earnings, dividends, service revenue, advertising expense and salaries and wage expense

  Calculate and without assetwhat is the stock price for with

Consider two firms, With and Without, that have identical assets that generate identical cash flows. Without is an all-equity firm, with 1 million shares outstanding that trade for a price of $24 per share.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd