FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A shipper has the following cargo and associated freight costs: What is the insurance premium on this cargo (based on 115 % of CIP value)

image text in transcribed
A shipper has the following cargo and associated freight costs: What is the insurance premium on this cargo (based on 115 % of CIP value) 6x 20-ft containers, contains Canadian apples Total Value of the shipment: CAD 50,000 Ocean freight Halifax to Amsterdam: US $800.00/container Trucking Niagara Falls to Halifax all in: CAD 120.00/container Ocean insurance premium rate at 0.38% The exchange rate is US $1.00 = CAD 1.3

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

blur-text-image_2

Step: 3

blur-text-image_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

Focus On Personal Finance

Focus On Personal Finance

Authors: Jack Kapoor, Les Dlabay, Robert Hughes, Melissa Hart

6th Edition

125991965X, 978-1259919657

More Books

Students also viewed these Finance questions

Question

★★★★★
Trendy Fashions provides store credit and manages its own receivables. Average experience for the past three years has been as follows: Helen Tran, the owner, is considering whether to accept bank...

Answered: 1 week ago

Question

★★★★★
Three events are shown on the Venn diagram in the following figure: Reproduce the figure and shade the region that corresponds to each of the following events. (a) A (b) A B (c) (A B) U C (d) (B U...

Answered: 1 week ago

Question

★★★★★
Explain early information processing models of memory and recent cognitive science models, including working memory, cognitive load theory, and individual differences in working memory.

Answered: 1 week ago

Question

★★★★★
COMPUTE CASH PROVIDED BY OPERATING ACTIVITIES Kennington Company's condensed income statement for the year ended December 31, 20-2, was as follows: Net sales........$800,000 Cost of goods...

Answered: 1 week ago

Question

★★★★★
Fruity Ltd is a family owned company run by George and Sarah Watts. The Watts plan to retire in four years and were hoping that their son Angus would take over the business. However, Angus has just...

Answered: 1 week ago

Question

★★★★★
Question 4 Match each scatterplot shown below with one of the four specified correlations. a. 0.78 b. -0.92 C. 0.16 d. -0.43 O O Q O 88 090 - v LO O O O - v 8090 coco O O Hint: HelpQuestion 4 Match...

Answered: 1 week ago

Question

★★★★★
In late 2018, Mike was approached by a representative of a company called Cycle Tech Inc. (CTI) and asked if he would be interested in incorporating its proprietary technology, CycleScape, into PHL's...

Answered: 1 week ago

Question

★★★★★
NAPSTER'S REVOLUTION Eighteen - year old Shawn "NAPSTER" Fanning, then a freshman at Northeastern University, dropped out of school and founded Napster Inc. (website was at w.w.w.napster.com) in San...

Answered: 1 week ago

Question

★★★★★
The following statements were printed in journal articles in the field of psychology. Explain to a person who is unfamiliar with the concept of confidence intervals what each statement means. "The...

Answered: 1 week ago

Question

★★★★★
ntent/7227252/fullscreen/54164648/View ignment A major automotive manufacturer has announced that it will close a manufacturing plant in Ohio. The manufacturer has seen declines in automobile sales...

Answered: 1 week ago

Question

★★★★★
Imagine it is currently the first day of 2019. The corporate tax rate is 40% and the WACC is estimated to be 13% pa. Suppose also that there is no surplus cash in any year and that Terminal Value...

Answered: 1 week ago

Question

★★★★★
Does Jane have any recourse if she was provided with an inaccurate job description? If so, what actions could she take? A few months ago, Maria Turks, manager of client care at Willowpark Retirement...

Answered: 1 week ago

Question

★★★★★
For a job you currently have (or for a past job), list 3-new or different things that your employer might do to redesign your job to make you feel more empowered. How would you convince your employer...

Answered: 1 week ago

Question

★★★★★
In groups of 4-or-5, identify the job specifications (knowledge, skills, and abilities) for the position of college or university instructor. (You will have approximately 20 minutes to complete the...

Answered: 1 week ago

Previous Question Next Question