Faisal has insured his vehicle with AXA insurance company. Throughout the year he experiences a loss in January costing 1,127, another in May costing 2,209 and the last in December costing 1,043. If Faisal has a straight deductible of 324. How much will the insurer pay?
Q: For each of the following, compute the present value: (Do not round intermediate calculations and…
A:
Q: 1. Practicing good financial management while still in college benefits you because: A. Budgets…
A: Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: ney Ltd is a stock-exchange listed company. The capital structure of the company as at 31 December…
A: Weighted average cost of capital is the weighted cost of equity, weighted cost of debt and weighted…
Q: 29 of 30 0 Unsure What is the expected return of the minimum variance portfolio in the market? Oa…
A: Note: There are two questions in this post. Question 29 has been answered below. Please re-submit…
Q: Find the amount of the ordinary annuity based on the information given. R=$10,500, 8% interest…
A: Ordinary annuity: The Ordinary due refers to the annuity which is paid at the end of the each…
Q: isters Ltd is planning to invest in a capital project, which will generate cash inflows of $15,000…
A: We need to use WACC as discount rate to calculate present value of cash inflowsPresent value…
Q: The following certificate of deposit (CD) was released from a particular bank. Find the compound…
A: Principal amount is $2500 Interest rate is 6% Compounded daily Time period is 2 years To Find:…
Q: Syariqul Haq is trying to save up for a big vacation. He plans to take a trip around Japan when he…
A: Future value The future value indicates the value of a current investment over a specified period…
Q: What's the value to you of a $1,000 face-value bond with an 10% annual coupon rate and 6 years to…
A: Given, face value of bond is $1000 Annual coupon 10% Term to maturity is 6 years.
Q: What was the closing price of AMZN stock on June 10, 2022? Look it up online. Include 2 decimals. $…
A: Closing Price as on June 10, 2022 = 109.65 USD
Q: Karl Yates needs $5,000 to pay for the remodeling work on his house. A contractor agrees to do the…
A: Given, The amount required is $5,000 Rate of interest is 6.3% Term is 10 months
Q: Card Name (APR %) Existing Balance Credit Limit Mark2 (6.5%) Bee4 (10.1%) $475.00 $1,311.48 Month…
A: Note: This post has five questions. The first three questions have been answered below. Please…
Q: 1. Your company wants to bring outdoor ice-skating to Palm Springs, California and must choose…
A: Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: Consider the countries of Scotland and Wales. In one month, Scotland can produce a maximum of 250…
A: Two countries and their production profiles have been given. We have to find which country enjoys…
Q: Determine the interest earned on $5000 deposited in a savings account, for 10 years, based on one of…
A: As per Bartleby guidelines,If a question with multiple sub-parts are posted, first 3 sub-parts will…
Q: Your Aunt Betty has a $120,000 investment portfolio comprising some Government of Canada three-month…
A: Answer 1 long position in the 42-call (i.e., the Suncor call option with strike price of $42)-short…
Q: Required information Assume you pay the reduced amount of $4,670 for a corporate stock that has a…
A: This is a time value concept based question. All the relevant information are given. Timing and…
Q: All of the following occurrences are covered through the National Flood Insurance Program EXCEPT:…
A: As per the national Flood Insurance program, it ensures the losses to the owner of the property in…
Q: Given the following data, what is the coefficient of variation? (in decimal form) Month Aug Sept…
A: As per the given information: Month Return Aug 15% Sept -9% Oct 10% Nov 6% To…
Q: Regulatory reviews include an assessment of capital, asset, quality, management, earnings,…
A: Your answer: According to the regulatory evaluation criteria of capital, capital adequacy,…
Q: Consider an investment scenario where you will be choosing a portfolio of three stocks from a…
A: There are a total of 18 different stocks to choose from, and the portfolio must have three stocks.…
Q: Chooanne D' Sexy invested in a four-year project and expect a rate of return of 10%. Information…
A: Net present Value of the project is P100,000 Interest rate is 10% Cash flow in year 1 is P400,000…
Q: Find the future value of a 6-year annuity due with payments of $4,300 and an annually compounded…
A: An annuity is a contract that pays a periodic sum for a predetermined period for a lump-sum amount…
Q: What did he earn on Monday? Assume no work, no pay.
A: Information Provided: Per day wages = $150 Work done on Monday = 1/6th of a day
Q: Why is the relationship between price and yield negative? a. Because investors reward higher…
A: The bond price and yield is inversely related. That means if the bond price increases the yield will…
Q: Are annuities good investments? To answer this question, consider the situation of John. He is 50…
A: IRR (Internal Rate of Return) is the formula used by the investor for evaluating the percentage of…
Q: Central Banks are in fact not at fault when it comes to turning economy into recession and…
A: Each country has its own central bank and a country’s central bank has the power to control that…
Q: What happens when investors rate of return is greater than YTM and coupon rates?
A: The coupon rate of a bond is the annual rate of interest it pays, whereas the yield is the rate of…
Q: In 2014, Gap completed $1.5 billion in share buybacks, and its stock went up by 6%. Which of the…
A: Share repurchase is a corporate action where the Company buys back a certain number of shares…
Q: A credit union is an example of: Select one: a.
A: A credit union is an important type of financial institution. It is very much similar to a…
Q: . Mala Prohibita Corporation has been earning 15% on equity and retaining 30% of its earnings after…
A: The cost of equity is required rate of return by the shareholders that depends on the dividend given…
Q: ase explain the certainty equivalent of a risky
A: Project involve risk and depending on the risk of the project there is return on the project. But…
Q: What is finance? How does it relate to accounting? What is the objective(s) of the financial…
A: Time value of money Time value of money The main concept of finance is related to the time value of…
Q: In 2016, the Allen Corporation had sales of $69 million, total assets of $48 million, and total…
A: S&H Construction Company Tax 0.35 Sales $14,500,000 Interest Expenses $306,000…
Q: A bank charges you, the credit card holder, 13.24% compounding monthly. Imagine that you have…
A: Present Value of Ordinary Annuity refers to the concept which gives out the discounted or today's…
Q: Use the following information to answer this question. Windswept, Inc. 2017 Income Statement ($…
A: Equity multiplier is a ratio calculated to use see the company used it for how much assets are used…
Q: What is the future worth of a uniform series payment?
A: The future worth is the value of an asset at a predefined future date which increases at a specific…
Q: Question 3 B a) Determine the growth rate. a) Determine the required rate of return. b) Compute the…
A:
Q: A company's stakeholders often differ in their financial statement focus. For example, some…
A: Balance sheet represent the financial position of the company how much of stakeholders funds are…
Q: Terminology Matching Profitability Ratios Rationalization Return on Assets Ratio Return on Common…
A: Profitability Ratios - Measures of income or operating success of the company for a given period of…
Q: Suppose that -7% (n=1), and that future short term (1 year) interest rates are expected to be 5% and…
A: The liquidity premium theory of interest rates: The liquidity premium theory of interest rates…
Q: 1. Mala Inse Co. is evaluating the purchase of a P500,000 machine. The cash inflow from the…
A: Factor Value = Cash Outflow / Cash Inflow Factor Value = 500,000 / 145,000 Factor Value =…
Q: 1. A FICO score: A. Is a common credit rating system B. Is only issued through banks C. Is a type…
A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: Which of the following statements is (are) true? (i) An investor in a T-bill earns interest by…
A: Financial instruments are agreements for the use of money that can be bought, sold, created,…
Q: 4. Thom J.A.M. Company has P80,000 to invest and is considering two different projects, Vlogging and…
A: Net present value(NPV) of the project is calculated using following equation NPV = -CF0 +…
Q: Mala Prohibita Inc. is evaluating a proposal to acquire a new equipment. The equipment would require…
A: Given, The initial investment is P417,860 Cashflows is P68,000. Income tax is 32%
Q: 1.
A: Tier 1 Leverage ratio = Tier 1 capital/Total Assets Tier 1 Capital = Shareholders equity +…
Q: ent. What is your estimate of the firm's net income (after taxes) for the coming year?
A: Information Provided: Sales = $14,500,000 Interest expenses = $306,000 Tax rate = 35% Cost of goods…
Q: Thanks for the detailed solution. But I am still getting an incorrect answer. The calculator that…
A: Year CashFlow 0 $ -2,00,000.00 1 $…
Q: Financial assets in the economy include all but which one of the following?
A: A financial asset is a liquid asset whose value is derived on a legal claim or ownership interest.…
Step by step
Solved in 2 steps
- Faisal has insured his vehicle with AXA insurance company. Throughout the year he experiences a loss in January costing 1,577, another in May costing 1,284 and the last in December costing 1,102. If Faisal has an aggregate deductible of 2,574. How much will the insurer pay?Matthew purchased his first home in 2021 and the bank required that he pay mortgage insurance premiums of $3,040 which was 1% of his loan of $304,000. Matthew's AGI for 2021 was $106,500. What is Matthew's deduction in 2021 for mortgage insurance premiums? Mortgage insurance premium LA $Bradford's automobile insurance policy has a $1,400 deductible, with a $3,800 out-of-pocket limit and a 90/10 copay. This year, he was involved in a car accident, and was billed $10,800 in expenses. How much of this expense will Bradford be expected to pay out of his own pocket?
- Shay Manning rents an apartment in Chicago and carries $40,000 insurance on her personal belongings. She selects the $1,000,000 liability with a deductible of $1,000 for each claim and carries an identity theft/fraud protection of $24. Shay's credit is rated as bad as she has a recent bankruptcy on her record. Find her annual premium using the given table. E Click the icon to see a hypothetical table of Estimated Annual Renters Insurance Premium Rates. The annual premium is $ (Simplify your answer. Type an integer or a decimal.)Leon's 6-month premium for auto insurance is $754.34, if he pays it all at once. If he decides that he wants to make payments, he will be charged a surcharge of $4 for each of the first 4 months, upon which time the 6-month premium needs to be paid in full. What is his premium for each of the first four months if he decides to pay the minimum? 6. а. $189.59 b. $192.59 С. $758.34 d. $126.72Required information [The following information applies to the questions displayed below.] In January of year 0, Justin paid $8,800 for an insurance policy that covers his business property for accidents and casualties. Justin is a calendar-year taxpayer who uses the cash method of accounting. What amount of the insurance premium may Justin deduct in year O in each of the following alternative scenarios? Note: Leave no answers blank. Enter zero if applicable. d. Instead of paying an insurance premium, Justin pays $8,800 to rent his business property from April 1 of year 0 throug March 31 of year 1. Deductible amount
- In January of year 0, Justin paid $6,200 for an insurance policy that covers his business property for accidents and casualties. Justin is a calendar-year taxpayer who uses the cash method of accounting. What amount of the insurance premium may Justin deduct in year O in each of the following alternative scenarios? (Leave no answers blank. Enter zero if applicable.) d. Instead of paying an insurance premium, Justin pays $6,200 to rent his business property from April 1 of year 0 through March 31 of year 1. Deductible amountNorris has a deductible of $1,000. He damages his car in a accident and it will cost $3,300 to repair. How much does Norris have to pay? How much does this insurance pay?In January of year 0, Justin paid $6,200 for an insurance policy that covers his business property for accidents and casualties. Justin is a calendar-year taxpayer who uses the cash method of accounting. What amount of the insurance premium may Justin deduct in year O in each of the following alternative scenarios? (Leave no answers blank. Enter zero if applicable.) b. The policy begins on February 1 of year 1 and extends through January 31 of year 2. Deductible amount
- In January of year 0, Justin paid $6,200 for an insurance policy that covers his business property for accidents and casualties. Justin is a calendar-year taxpayer who uses the cash method of accounting. What amount of the insurance premium may Justin deduct in year O in each of the following alternative scenarios? (Leave no answers blank. Enter zero if applicable.) c. Justin pays $7,400 for a 24-month policy that covers the business from April 1, year 0, through March 31, year 2. (Do not round intermediate calculations.) Deductible amountLokalalo knows that not all their customers will pay so they take out insurance for that purpose. The insurance does not cover them for their full loss unfortunately. Lokalalo pays for the insurance in advance, which gives them 12 months of cover. Lokalalo paid $15,000 on 1 August 2020 for cover for the next 12 months. Paulo Jr. asks you the following questions (You do not need to provide the definition of any assets, liabilities, income or expenses. If you believe there is no effect on one financial statement, please state “no effect” instead of leaving a blank): What happens in the balance sheet, income statement and statement of cash flows on the date of the transaction when the $15,000 is paid?Lokalalo knows that not all their customers will pay so they take out insurance for that purpose. The insurance does not cover them for their full loss unfortunately. Lokalalo pays for the insurance in advance, which gives them 12 months of cover. Lokalalo paid $15,000 on 1 August 2020 for cover for the next 12 months. Paulo Jr. asks you the following questions (You do not need to provide the definition of any assets, liabilities, income or expenses. If you believe there is no effect on one financial statement, please state “no effect” instead of leaving a blank): What happens in the balance sheet at 31 August 2020 and in the income statement and the statement of cash flows for the month of August 2020?