Explain why there is a coinsurance clause applied to the building structures. How does it work?
What will be an ideal response?
Coinsurance encourages insureds to insure to replacement value. If the insured at the time of loss has 80% or more of replacement cost, the replacement cost of the loss is paid up to the face amount. If there is less than 80% of full replacement cost coverage, the ACV of the loss is calculated. In addition, the replacement cost loss is multiplied by the amount of coverage divided by the amount required. The larger amount is paid, but never more than the face value of the policy.
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Likert scales cannot measure attitudes and behavior.
Answer the following statement true (T) or false (F)
The cost of a previously purchased machine is an example of a sunk cost
Indicate whether the statement is true or false
Presented below are terms preceded by letters a through f and followed by a list of definitions 1 through 6. Match the letter of the terms with the definitions. Use the space provided preceding each definition. (a) Postaudit(b) Capital rationing(c) Profitability index (d) Net present value (e) Cost of capital(f) Annuity______ (1) Used to compare projects when a company cannot fund all positive net present value projects calculated by dividing present value of net cash flows by the initial investment.______ (2) A series of cash flows of equal dollar amount over equal time periods.______ (3) An estimate of an asset's value to the company; computed by discounting the future net cash flows using the company's required rate of return and then subtracting the initial amount
invested. ______ (4) An evaluation of a project's actual results versus its projected results.______ (5) An average of the rate the company must pay to its lenders and investors.______ (6) Finance constraints that limit a company from accepting all positive net present value investments. What will be an ideal response?
Spot announcements
A. run in clusters between programs. B. are too costly for most small advertisers. C. are unaffected by message clutter. D. limit the flexibility of an advertiser. E. are only sold at a national level.