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1. Comparing homeowners policy forms. (HO-2, HO-3, HO-4, HO-5, HO-6, and HO-8)
In what ways is the coverage for each of the forms similar?
How does the coverage differ among the policies? Address the types of coverage in each, perils covered, benefits provided, types of “homeowners” that each one is tailored for, etc.
2. What are three exclusions from the homeowner’s policy that you think are important for everyone to know about? Explain why.
What is the payback period of this investment? If you require a payback period of two years, will you make the movie?
A company recently reported 400,000 units sold at a price of $60.00 per unit. Calculate Contribution Margin $ per unit and Contribution Margin as a % of sales
What is investment banking? How would an investment banker assist an organization in going public? As a chief financial officer, what information would you need to select an investment banker?
During the year, Belyk Paving Co. had sales of $2,383,000. Cost of goods sold, administrative and selling expenses, and depreciation expense were $1,442,000, $436,700, and $491,700, respectively. Calculate the firm's new long-term debt added during ..
RAK, Inc., has no debt outstanding and a total market value of $200,000. Earnings before interest and taxes, EBIT, are projected to be $26,000 if economic conditions are normal. If there is strong expansion in the economy, then EBIT will be 12 percen..
CycloCorp is calculating the total withholding deposit for all its employees at the end of its pay period. CycloCorp has $3,455.00 of federal withholdings for its employees. It also has a total of $231.54 of Medicare with holdings and $988.72 in Soci..
You deposited $11175 in a savings account that pays 9.24 percent interest, compounded quarterly, planning to use it to finish your last year in college. Eighteen months later, you decide to go to the Rocky Mountains to become a ski instructor rather ..
The bond sells for $951.07 and matures in 12 years. The par value is $1,000. What is the YTM of the bond?
Dabble, Inc., has sales of $970,000 and cost of goods sold of $461,000. What is the length of the days’ sales in inventory?
Last year Urbana Corp. had $197,500 of assets, $307,500 of sales, $19,575 of net income, and a debt-to-total-assets ratio of 37.5%. The new CFO believes a new computer program will enable it to reduce costs and thus raise net income to $33,000. Asset..
A small municipality in Placer County, CA is thinking about a dam and and electrical generation project.
You expect IBM's dividend to grow at a rate of 10% per year for the next three years, and then you expect constant dividend growth of 5% forever.
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