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Delivery Service purchased a commercial umbrella policy with a $10 million liability limit and a $100,000 self-insured retention. The umbrella insurer required Delivery Service to carry a $1 million per-occurrence limit on its general liability policy and a $1 million peroccurrence limit on its business auto policy. A Delivery Service driver was intoxicated while driving a company van and killed another motorist. The court ruled that Delivery Service must pay damages in the amount of $5 million. How much, if any, of this amount will the umbrella insurer pay? Explain your answer.
How does each branch of the government support each other?
In minimizing cost,how many orders would be made each year? What would be the annual ording cost?
Three people in that car sustained bodily injuries; the driver's injuries were worth $20,000; a passenger received injuries worth $12,500; and another passenger received injuries of $17,000. How much will his insurance pay for their claims?
Which ratios suggest good performance and why?
challenge problem this problem focuses on bank capital management and various capital ratio measures. following are
Berkshire Sports, Corporation, operates a mail-order running-shoe business. Management is planning dropping its policy of no credit. The credit policy under consideration by Berkshire follows:
Shalit Corporation's 2007 sales were $10 million. If its 2002 sales were $5 million, compute the growth rate in sales.
Calculate the value of an unlevered firm. Cost of capital for the firm is 10%. The firm's cash flows are K700 every year forever.
What are the likely competitive effects of this exchange rate change on Caterpillar Tractor, the American earth moving manufacturer, whose toughest competitor is Japan's Komatsu?
on may 15 1997 the government of kuwait offered to sell 170 million bp shares worth about 2 billion. goldman sachs was
What was the firm's Economic Value Added (EVA), that is, how much value did management add to stockholders' wealth during 2012? Write out your answer completely. For example, 25 million should be entered as 25,000,000. Round your answer to the nea..
Discuss the assumptions of the CAPM. Explain the usefulness of the CAPM and some reasons that it has been criticized over the years.
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