Fin 320 Study guides, Class notes & Summaries

FIN 3204 Final Exam Questions & Answers 2023/2024 Contributory Negligence Law states that: - ANSWER-The injured cannot collect damages if his or her conduct contributed in any way to the injury. What vehicles are eligible for the 2005 Personal Auto Policy (PAP)? - ANSWER-- a four-wheeled motor vehicle owned or leased by the insured for at least 6 consecutive months - a pickup or van with a gross vehicle weight rating of 10,000 pounds or less What autos are covered by the Personal Auto...

FIN 3204-Exam 1 Questions & Answers 2023/2024 Experience rating plan - ANSWER-Class or manual rate is adjusted upward/downward based on past loss experience Risk - ANSWER-Uncertainty concerning the occurrence of a loss Risk (In finance/economic terms) - ANSWER-Where probabilities of possible outcomes are known Uncertainty - ANSWER-Used in situations where such probabilities cannot be estimated Loss exposure - ANSWER-any situation or circumstance in which a loss is possible, regard...

FIN 3204: Chapter 15 6 Problems in the US Health-care Delivery System - ANSWER-Rising health care expenditures Large number of uninsured in the population Uneven quality of medical care Considerable waste and inefficiency Defects in financing health care Unfavorable insurer practices Problem 1: Rising Health Care Expenditures - ANSWER-Health care expenditures in the US have increased over time and are growing faster than the national economy More than 1 in 6 dollars of the natio...

BFIN 320 Exam Questions And Answers (Verified And Updated) Which of the following is a cash flow from investing activities? - answerA. Purchase of plant and equipment B. Rent received from industrial property owned C. Cash from sale of products D. Cash payment of dividends to shareholder Gateway Corp. has an inventory turnover ratio of 5.6 What is its days' sale in inventory? - answerA. 57 days B. 61 days C. 64 days D. 65 days Trident Corp., has debt of $3.35 million with an interes...

Practice Questions for BFIN 320 Midterm

Capital structure - correct answer mixture of long-term debt and equity the firm uses to finance its operations. Forms of businesses - correct answer ... Agency conflicts - correct answer Potential conflict between owner and its managers. Primary goal of financial management - correct answer maximize the market value of existing stock for a ...

Practice Questions for BFIN 320 Midterm

FIN 3204 Exam 1 Questions & Answers 2023/2024 Ratemaking - ANSWER-refers to the pricing of insurance and the calculation of insurance premiums Rate - ANSWER-the price per unit of insurance Exposure unit - ANSWER-the unit of measurement used in insurance pricing premium = rate * exposure units Actuary - ANSWER-person who determines rates and premiums Underwriting - ANSWER-refers to the process of selecting, classifying, and pricing applicants for insurance Statement of underw...

Incentives Humans are evaluative: they evaluate potential courses of action by considering the positive and negative consequences of their actions Humans are Imperfectly Maximizing We play many different roles in our daily lives: student, mentor, husband, wife, significant other, worker, supervisor, family member, friend, citizen, customer, and more! In these different roles we make many decisions and seek to maximize our overall welfare resulting from these cumulative decisions Limi...

SNHU FIN 3320 Module Four Case Study 2024 with complete solution