A property casualty insurer brings in $6.20 million in premiums on its homeowners MP line of insurance. The line's losses amount to $4,278,000, expenses are $1,550,000, and dividends are $124,000. The insurer earns $186,000 in the investment of its premiums.   Calculate the line's investment ratio operating ratio overall profitability.

Q: Glenboro fire prevention has profit margin of 8.50%, asset turnover 2.05, and ROE 18.44.Calculate…

A: First we need to use DuPont analysis equation to find equity multiplier.ROE = Net profit margin *…

Q: ates $200,000 in annual net operating income. The apartment was purchased for $2,500,000. The…

A: Cap rate is important in properties and this is rate which equate the value of property to net…

Q: Liabilities and Shareholders' Equity Consider this balance sheet: Assets Green Valley Nursing Home,…

A: Balance sheet is a financial statement which reports assets, liabilities and equity of a firm at the…

Q: JT Engineering's current asset information is shown here. If JT's current liabilities are $300,000,…

A: Lets understand the basis. Current ratio compares the current asset with current liabilities.…

Q: the following information to complete the balance sheet below. Sales is 60 percent, and fixed asset…

A: The financial ratios are very important in analysing the financial health of the company and it…

Q: CALCULATE THE WEIGHTED AVERAGE COSTS OF CAPITAL Short-Term Liabilities: COST Suppliers 1,240,000.00…

A: Weighted Average Cost OF Capital (WACC) =E / (E + D) * Ke + D / (E + D) * Kd E = Equity Value D =…

Q: A return on assets of 5.15% means that a company is earning: a.a $5.15 return on every $100 invested…

A: Return on Assets: This ratio represents the overall efficiency of capital invested in the business.…

Q: For the year ended December 31, 2022, Settles Incorporated earned an ROI of 8.8%. Sales for the year…

A: RATIO ANALYSISRatio analysis is the process of determining and interpreting numerical relationships…

Q: What are the annual sales for a firm with $805,853 in total liabilities, a total debt ratio of 0.84,…

A: Ratio analysis s helps to analyze the financial statements of the company. The management can make…

Q: For the year ended December 31, 2022, Settles Incorporated earned an ROI of 7.2%. Sales for the year…

A: ROI= 7.2%Sales= $11,000,000Average asset turnover  = 1.8Average stockholder's equity = $3,100,000

Q: JPJ Corp has sales of $1.11 million, accounts receivable of $52,000, total assets of $5.12 million…

A: Here, Sales is $1,110,000 Accounts Receivable is $52,000 Total Assets is $5,120,000 Fixed Assets is…

Q: From the balance sheet prepare a proforma income statement where revenues can increase by 2% and the…

A: A projected income statement is a statement in which the future income statements are projected by…

Q: Total assets are $12.0 million, with $4.0 million being long-term assets. Current liabilitiesare…

A: Current ratio = Current assets / Current liabilities

Q: Use the following information to answer the next question. Total Asset = $40 million Basic earning…

A: Basic earnings power = Times Interest earned ratio = whereEBIT means Earnings before Interest and…

Q: Calculate the quick assets (in $) and acid test ratio for the given company. Round ratios to the…

A: The Acid test ratio is the ratio that measures the ability of the company to pay off its current…

Q: Assume that debt service expenditures are $12.6 million and "own source" revenues are $84 million.…

A: Debt service revenue ratio = Debt service / revenue

Q: Falcon Corporation has current assets of $400,000 and current liabilities of $275,000.  Compute the…

A: CR=CACL Where, Current Ratio is represented by CR Current assets is represented by CA Current…

Q: company has current assets of $87,000 (of which $43,000 is inventory and prepaid items) and current…

A: Answer 1) Calculation of Current ratio Current Ratio = Current Assets/ Current Liabilities…

Q: The following data apply to Bright-Side Condos Ltd. (millions of dollars):Compute the company’s (1)…

A: 1) Accounts ReceivableGiven:Days Sales Outstanding (DSO) = 40 daysSales = $1,000…

Q: An owner can lease her building for 100,000 per year for three years.aThe explicit cost of…

A: Calculation of accounting profit and economic profit are as follows

Q: Motorola Credit Corporation's annual report: Net revenue (sales) Net earnings Total assets Total…

A: Ratio analysis helps to analyze the financial statements of the company. The management can take…

Property Insurance

Property insurance protects property from unforeseeable loss or damage and covers property owners' liability. Property insurance provides financial compensation to the property owner or renter in the event of damage or theft, as well as to someone other than the owner or renter if that person is injured on the property. Property insurance covers all risks of damage caused by theft, fire, flood, cyclones, lighting, and natural calamities, among other things. The primary goal of property insurance is to require the property owner to cover the loss. A monthly premium is paid to the insurance company, and in exchange, the insurance company pays for damage based on the agreement stated in the policy. Property insurance protects assets such as a vehicle, auto, car, rental home, house, and valuable property.