Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on May 19, 2024

1. Ahmed insures himself with AXA insurance company. His contract includes a straight deductible of 50BD. During the year he suffers multiple losses: first

1. Ahmed insures himself with AXA insurance company. His contract includes a straight deductible of 50BD. During the year he suffers multiple losses: first loss 200 and second loss 500. Based on this how much will each party pay? Insured Payment: Insurer Payment:

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Foundations of Finance The Logic and Practice of Financial Management

Authors: Arthur J. Keown, John D. Martin, J. William Petty

8th edition

132994879, 978-0132994873

More Books

Students also viewed these Finance questions

Question

Full Block Format Business Letter Template Your Complete Name Company Street Address City, State Zip Code Today's Date (Write out the complete date) Recipient's Complete Name Company Street Address...

Answered: 1 week ago

Question

1.) Liz, who is single, lives in a single family home and owns a second single family home that she rented for the entire year at a fair rental rate. Liz had the following items of income and expense...

Answered: 1 week ago

Question

Helen Caldicott raises a family and then begins a career as a caterer. As her business grows, she hires several employees and rents space near downtown that has a retail space, parking, and a garage...

Answered: 1 week ago

Question

★★★★★

A manufacturer of packaging for companies that produce breakfast cereals is considering alternatives regarding the process it uses to pre-process carton paper used to make the packaging....

Answered: 1 week ago

Question

★★★★★

Budgeting and forecasting - what are these two concepts and what is the importance of them to a facility owner?

Answered: 1 week ago

Question

★★★★★

Haru is a self-employed cash-method, calendar-year taxpayer who made the following cash payments related to his business this year. Calculate the after-tax cost of each payment assuming Haru has a 37...

Answered: 1 week ago

Question

★★★★★

1.1 Describe the key elements of the No Child Left Behind Act and its successor, the Every Student Succeeds Act, and discuss the continuing impact of testing and accountability for teachers and...

Answered: 1 week ago

Question

★★★★★

If you expected a common stocks price to appreciate over a period of time, would you prefer to invest in a put bond, a callable convertible bond, or a convertible-exchangeable preferred stock issued...

Answered: 1 week ago

Question

★★★★★

Corporations receive money from investors with: Select one: a. initial public offerings. b. seasoned new issues. c. primary market transactions. d. A and B. e. all of the above.

Answered: 1 week ago

Question

★★★★★

On December 31, 2021, Paul Corp. acquired $200,000 of 8% bonds of Sam Ltd. at a price to yield 6%. The bonds mature on December 31, 2022 with interest payable each June 30 and December 31. Paul Corp....

Answered: 1 week ago

Question

★★★★★

Consider a situation where two children are deciding how to split 12 cookies. The older child (player 1) makes a proposal to the younger child (player 2), of how many cookies each of them should...

Answered: 1 week ago

Question

★★★★★

Case Study 11.3: Walmart de Mexico In 2018 the OECD Working Group on Bribery completed its Phase 4 evaluation of Mexico's implementation of the convention. According to the report, Mexico needs to...

Answered: 1 week ago

Question

★★★★★

Assuming the average Earth Radius R E = 6378 km : The question I have are below: A Falcon 9 launched from Cape Canaveral ( 28 N Latitude ) delivers a satellite directly ( i initial = 28 ) into a...

Answered: 1 week ago

Question

★★★★★

If a 42 years man take 2 minute to finish 1 apple and 25 year man take 2.5 minutes to finish 1 apple, how many minutes would a 17 years boy take to finish.

Answered: 1 week ago

Question

★★★★★

b) Suppose you and your friend are communicating using Facebook that is running inside a chrome web browser on both of your Laptops. Now, in both of your chrome browser, multiple tabs are open. Your...

Answered: 1 week ago

Question

★★★★★

Employee Gross pay Payroll Register Chinson EERF Wayland EERF Peppinico EERF Success General General Cooper EERF Hissop EERF EERF Journal Ledger Complete the payroll register for the December 15 pay...

Answered: 1 week ago

Question

★★★★★

Consider the following argument: Harriet will grill steaks for her guests on Saturday. She could grill steaks or make a vegetable pasta. She will only make a vegetable pasta if one of her guests is a...

Answered: 1 week ago

Question

★★★★★

For the following arrangements, discuss whether they are 'in substance' lease transactions, and thus fall under the ambit of IAS 17.

Answered: 1 week ago

Question

★★★★★

3. What arc some possible impli..ations for the way U.S. comPo1nies will oranile lheir out SQurcing activities in the future?

Answered: 1 week ago

Question

★★★★★

1. How has the joh of an Avon I-lldy been "hanging:" For example. how have ('hanging tu,lOmer needs, demographics. IT. and so on affecled the job?

Answered: 1 week ago

Question

★★★★★

2. As a result of these chang"s, whm kinds of OB i,sue, must Avon's mallag"rs deal with to nlotiv"le ill1d coordinMe ils 486.(J!Xl-slrong sale,foree today?

Answered: 1 week ago

Previous Question Next Question