Briefly explain the basic characteristics of a personal umbrella policy.
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 64% (17 reviews)
The personal umbrella policy provides excess liability insurance over basic u...View the full answer
Answered By
Asim farooq
I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening.
My Expert Service
Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities
4.40+
65+ Reviews
86+ Question Solved
Related Book For
Principles Of Risk Management And Insurance
ISBN: 399
12th Edition
Authors: George E. Rejda, Michael McNamara
Question Posted:
Students also viewed these Corporate Finance questions
-
Briefly explain the basic characteristics of long-term care insurance.
-
Briefly explain the basic characteristics of group dental insurance plans.
-
Explain the basic characteristics of a traditional IRA.
-
Which one of the following results from the latest decision round are least important in providing guidance to company managers in making their strategic moves and decisions to improve their...
-
Media Marketing of Atlanta, Georgia, offers a three-day accommodation coupon for a Hilton Head resort in South Carolina at a promotion price of C$316. If the exchange rate is C$1.02 per U.S. dollar,...
-
All children should be taught obedience and respect for authority. True/False
-
What does the research say about the value of intrinsic incentives for employees at lower salary levels compared to their supervisors? LO.1
-
For its fiscal year ending October 31, 2014, Haas Corporation reports the following partial data shown below. Income before income taxes .............$540,000 Income tax expense (30% 3 $420,000)...
-
Incentive Scheme Four Straight commission but with a guaranteed salary and a bonus George gets paid $2 per toaster But with a minimum salary of $3,000 per month And a bonus of $2,000 if he sells...
-
Apple Inc., headquartered in Cupertino, California, designs, manufactures, and markets mobile communication and media devices, personal computers, and portable digital music players and sells a...
-
Identify the coverages found in a typical boat owners package policy.
-
Kimberly owns and operates a tennis shop in a resort area. The business is seasonal. A large part of the annual revenues are due to sales in June, July, and August. Kimberly keeps the shop open...
-
Which of the following classes are derived from the Panel class. (a) Applet (b) Dialog (c) Frame (d) Button
-
From Hoffman, what are the symptoms of autism and ADHD? From the Mayo Clinic, what are the causes and risk factors for autism and ADHD? What are treatment options for these disorders? Hofmann, S. G....
-
Brooks, a participant in the Zappa retirement plan, has requested a second plan loan. His vested account balance is $80,000. Brooks borrowed $27,000 eight months ago and still owes $18,000 on that...
-
Suppose that Angelina and Brad own the only two professional photography stores in town. Each must choose between a low price and a high price for senior photo packages. The annual economic profit...
-
based on the article How Chili's Is Prepping for Tough Times, Starting With the Fries by Heather Haddon. What is corporate social responsibility, and what is one way that Chili's can better pursue...
-
QUESTION 2 (20 marks) CLO 5 a. Explain what the following ratios indicate to a firm: (i) Acid Test Ratio (ii) Return on Capital Employed (ROCE) (iii) Debtors Collection Period (iv) Working Capital (2...
-
What are the two meanings of the term information systems auditing?
-
Evenflow Power Co. is considering a new project that is a little riskier than the current operations of the company. Thus, management has decided to add an additional 1.5% to the company's overall...
-
If a country can produce more of all of its goods than any other country can, would it benefit from specializing and trading? Explain your answer.
-
Describe the differences between stock insurers, mutual insurers, and reciprocal exchanges.
-
What is adverse selection? How do insurers try to prevent adverse selection?
-
Explain the statement that adverse selection causes subsidization.
-
A stock is expected to pay a dividend of $1.50 at the end of the year (i.e., D 1 = $1.50), and it should continue to grow at a constant rate of 10% a year. If its required return is 14%, what is the...
-
The Hobby Shop has a checking account with a ledger balance of $1,700. The firm has $2,400 in uncollected deposits and $4,200 in outstanding checks. What is the amount of the disbursement float on...
-
An investment will pay you $34,000 in 11 years. If the appropriate discount rate is 6.1 percent compounded daily, what is the present value? (Use 365 days a year. Do not round intermediate...
Study smarter with the SolutionInn App