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Kevin's auto insurance liability limits are $40,000/$80,000/$40,000 and his collision deductible is $5,000. He recently ran into a Rolls Royce. 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?
a. $39,000
b. $39,000
c. $40,000
d. $49,000
e. $49,500
Newman Manufacturing is planning a cash purchase of the stock of Grip Tool. During the year just completed, Grips earned $4.25 par share and paid cash dividends of $2.55 per share.
Christina Haley of San Marcos, Texas, age 61, recently suffered a severe stroke. She was in intensive care for twelve days and was hospitalized for 18 more days.
Auto Parts sells 1,200 electric parts per week and then reorders another 1,200 parts. If the relevant carrying cost per electric part is $4 and the fixed order cost is $750,
Which of the following is an acceptable method of accounting for employee stock options and Which is the date when a firm gives a stock option to employees?
What are the major valuation methods for financial assets? What projection should you make and what variables should you estimate? Please discuss the general valuation process
Many companies at present use 360-degree performance evaluations. Make a case for this type of evaluation based on the informativeness principle.
Calculate the present value of $90,000 to be received 14 years from now if the decision makers opportunity cost 10 percent. Find out the present value at 9 percent of each of following five cash inflow streams. Suppose that cash inflows take place ..
Brushy Mountain Mining Corporation's ore reserves are being depleted, so its sales are falling. Also, its pit is getting deeper each year, so its costs are increasing.
The bank is willing to loan the funds at 8% interest with annual payments at the end of the year for the next 10 years. What is the annual payment on this loan for Cooley Landscaping?
Steve Smith, the owner of Steve's bowling alley, bought $10,000 of bowling shoes on 1/31/07. He paid $5,000 in cash, and applied rest on account.
What are the uses of the EOQ model? What questionable assumptions are being made by the EOQ model?
Illustrate what correlation between the stocks also bond returns is consistent with this portfolio standard deviation.
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