Miscreant had misspelled peace and had car repainted

Assignment Help Financial Management
Reference no: EM131049041

Alan owns a 2011 BMW, which he paid $44,000 for. He has comprehensive and collision insurance on the car with a $500 deductible. This year, Alan has had a series of unfortunate incidents. Someone threw a can of pears at his car in April, which hit some chrome and caused $453 worth of damage. He hit a deer in June, which only knocked out his headlight, but that still cost $996 to repair. Then some darn teenager spray painted a "piece" sign on the trunk, and while Alan is a pacifist, he was angry that the miscreant had misspelled "peace" and had the car repainted, which cost $1,185. He turned all three claims to his insurance company. How much would he receive from insurance?

Reference no: EM131049041

Questions Cloud

Compare a filtering firewall to a proxy firewall : Compare a filtering firewall to a proxy firewall in terms of protection against spoofing attacks,. Assume a configuration as in Figure 8.21, where the internal host under attack trusts the remote company user.
Production for half of what canada produces : In particular, suppose the US trades Canada half of its production for half of what Canada produces? How many additional shirts will the US have adter the trade? How many additional boots?
High-capacity conveyor toaster ovens : Steve’s Sub Stop (Steve’s) is considering investing in toaster ovens for each of its 120 stores located in the southwestern United States. The high-capacity conveyor toaster ovens, manufactured by Lincoln, will require an initial investment of $15,00..
Managing of projects efficiently and effectively : Is it still space in the industry for ad-hoc processes regarding managing of projects efficiently and effectively even in multiple projects environments
Miscreant had misspelled peace and had car repainted : Alan owns a 2011 BMW, which he paid $44,000 for. He has comprehensive and collision insurance on the car with a $500 deductible. This year, Alan has had a series of unfortunate incidents. Someone threw a can of pears at his car in April, which hit so..
Discuss concepts applicable to it systems development : Given the readings and assignments in the course, identify and briefly discuss two important concepts applicable to IT systems development.
Challenge and one opportunity : What market structure best describes the structure under which your organization operates? My organization is Education. Identify one challenge and one opportunity that arise from this and how the firm might use these for strategic advantage.
Explain the meaning of simple interest : Explain the meaning of simple interest? Briefly describe what is meant by the time value of money? Describe the process of compounding and the meaning of compound interest? What is the meaning of discounting? Give an illustration.
Write a report on diversity women and leadership : Write a report on this topic "DIVERSITY WOMEN AND LEADERSHIP". Please, you just need use simple language with very simple and easy language to write this report on topic

Reviews

Write a Review

Financial Management Questions & Answers

  Percentage forecasted dividend payout ratio

Grandin Inc. is evaluating its dividend policy. It has a capital budget of $646,000, and it wants to maintain a target capital structure of 60% debt and 40% equity. The company forecasts a net income of $466,000. If it follows the residual dividend p..

  Increase the future value of a lump sum investment

Which of the following will increase the future value of a lump sum investment? I. Decreasing the interest rate II. Increasing the interest rate III. Increasing the time period IV. Decreasing the amount of the lump sum investment

  What is the expected return on the market-risk-free rate

The sales forecast is often the starting point of the budgeting process. Identify and discuss key assumptions that are made in the creation of the sales forecast. How would you defend these assumptions when presenting your budget to the budget commit..

  Illustrates the potential consequences of a business

Illustrates the potential consequences of a business deciding to apply a single technique to all corporate investment decisions.

  What is probability that there is low turnout for concert

You are an outdoor concert manager that is evaluating whether to have an outdoor concert in Boston in April. The weather can be either good or bad, and the turnout for the concert can be either high or low. What is the probability that there is a low..

  Flagship product battlin bobby

You are considering adding a new software title to those published by your highly successful software company. If you add the new product, it will use capacity on your disk duplicating machines that you had planned on using for your flagship product,..

  Weighted-average cost of capital at new capital structure

Whispering Pines, Inc. is all-equity-financed. The expected rate of return on the shares is 12%. Calculate the opportunity cost of capital for an average-risk Whispering Pines investment. Calculate the company’s weighted-average cost of capital at th..

  Consider expanding into various foreign countrires

Recently, JCPenny decided to consider expanding into various foreign countrires; it applied a comprehensive country risk analysis before making its expansion decisions. Identify the political factors that you think may possibly affect the performacne..

  What price should the preferred stock sell

Carby Hardware has an outstanding issue of perpetual preferred stock with an annual dividend of $7.00 per share. If the required return on this preferred stock is 6.5%, at what price should the preferred stock sell?

  What is the amount of cash flow from assets

W Mart has sales of $601,506, COGS and SG&A totaling $212,765, depreciation expense of $122,525, and taxes paid of $80,400. What is the amount of W Mart's cash flow from assets?

  Average length of the firms short-term operating cycle

Pretty Lady Cosmetic Products have an average production process time of forty days. Finished goods are kept on hand for an average of fifteen days before they are sold. Accounts receivable are outstanding an average of thirty-five days,, and the fir..

  Share of stock will pay dividend

Trust Bankers just paid an annual dividend of $1.9 per share. The expected dividend growth rate is 6.1 percent, the discount rate is 12 percent, and the dividends will last for 9 more years. What is the value of the stock? A share of stock will pay a..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd