The wow expert Hand written solution is not allowed. 9.6. You are to calculate rates effective for the year beginning Jan. 1, 2020 for one-year policies using the loss costmethod. You are given the following data:AccidentYearEarned ExposureUnitsEarnedPremiumUltimate Losses(Fully Developed)2017855750,015572,8502018886780,120564,825You are also given:(i) Rates are based on a weighted average with weights of 40% on 2017 and 60% on 2018.(ii) Trend is 5%.(iii) The permissible loss ratio is 65%.Calculate the gross rate.

Here's how to calculate the gross rate for one-year policies using the loss cost method with the…

Answered: 9.6. You are to calculate rates…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Refer to the data provided in Table 9.1 below to answer the question(s) that follow. Table 9.1 TC MC $50 1010 - N34567 9 1 2 E38888888 TVC TFC $50 $0 50 50 50 50 50 50 8008882 50 30 90 132 186 80 70 20 140 - 20 10 15 95 15 15 112 17 182 AAAARIN 236 AVC BB55558 42 15.50 28 18 22 54 2657 Refer to Table 9.1. If the market price is $42, then in the long run the firm will O operate and expand. Ooperate but not expand. shut down, but not go out of business. go out of business. ATC 2952283 70 40 31.67 30.33 33.71
Data indicates that 20,000 cars in your town face unrecoverable losses totaling $24273776 annually due to theft and accidents. If insurance covers these losses, and 31% of premiums are set aside for operational costs, what premium should be charged to car owners?
(see attached)) What is the Present Discounted Value? Please show the steps. I thought it was 12.26 but when i checked online, multiple people said that was wrong on Chegg.
WHich are the Guidelines for Reporting Analyses?
Straight Line Depreciation Example: If an asset costs $20,000, has an estimated salvage value of $5,000 and a useful life of 5 years, the annual straight-line depreciation charge is calculated as:
1) Assume that the box below represents the 14th section. Darken in the area of the section that is represented by this address: W ½ NE ¼ N ½ Section 14. 2) You have been hired by Agirich Appraisal. Your next assignment is to provide the indicated value for a subject property using the cost approach. Be sure to adjust for land classification, financing terms, date of sale, and location. Your associates have already collected unimproved comparable sales that will help you with your analysis (see table 5.1). The subject property has 500 acres in a good location and will be a cash sell. It has 300 acres of cropland and 200 acres of pasture land. There is also an improvement with a reproduction cost of $400,000. The improvement has an effective age of 15 years. There is also a similar property with improvements. The land is valued at $300,000. The reproduction cost of the improvement is $450,000 and has an effective age of 10 years. This property sold for $500,000…
5- XYZ electric company manufactures a number of electric products. Rechargeable light is one of the XYZ's products that sells for $180 per unit. Total fixed expenses related to rechargeable electric light are $270,000 per month and variable expenses involved in manufacturing this product are $126 per unit. Answer the following questions: a) Compute break-even point of the company in units. b) Compute break-even point of the company in dollars. c) Compute the number of rechargeable lights to be sold to earn a net operating income of $189,000 per month
Help Save Suppose a corporation has two subsidiaries, one of which is unregulated and sells all of its output to the other, regulated subsidiary. Permitted profits at the regulated subsidiary are equal to 10 percent of total costs. The initial profit picture for the subsidiaries is provided in the table below: Unregulated Subsidiary Regulated Subsidiary Total $ 650,000 N/A revenue $ 350,000 $300,000 $1,000,000 $ 100,000 Total costs Total profit If the unregulated subsidiary doubles its selling price to the regulated subsidiary, what are the new profits at Instructions: Enter your responses as a whole number. (a) The unregulated subsidiary? profit = $ (b) The regulated subsidiary? profit = $ & 23 24 8. *00 w/ %S4
An electricity generation company currently emits 99 tons of sulfur dioxide. Sulfur dioxide emissions contribute to respiratory illness and create acid rain when combined with other chemicals in the atmosphere. The table below shows the marginal cost of abatement, which increases as different abatement techniques are used. Quantity Abated (tons) Marginal Cost of Abatement per Ton 11 $5,000$⁢5,000 22 $8,000$⁢8,000 33 $15,000$⁢15,000 44 $20,000$⁢20,000 55 $30,000$⁢30,000 66 $42,000$⁢42,000 77 $56,000$⁢56,000 88 $80,000$⁢80,000 99 $135,000$⁢135,000 Suppose the government imposes a pollution tax of $44,000$⁢44,000 per ton of sulfur dioxide emitted. How many tons of sulfur dioxide will the company abate, and how many tons of sulfur dioxide will it emit? Write the exact answers. Do not round.
Company B is a retailer of mobile phones in Australia that works 250 days in a year. The manager would like you to determine a minimum-cost inventory plan for an upcoming mobile phone to be launched in the market. They have collected the following information: • Annual demand: 700 phones • Phone cost: $1,793 each• Phone RRP: $1,949 each• Net weight: 169 g each • Tare weight: 61 g each• Annual inventory holding cost: 30%• Cost per order to replenish inventory: $82• Annual in-transit holding cost: 10%• Freight rate (per kg): $8.10• Freight rate (per consignment): $301.50 (i.e. handling fee, dangerous good fee, anlithium battery fee)• Time to process order for freight: 1 days • Freight transit time: 4 days Solve this problem using a non-linear programming (NLP) model and your model should generate only integer results for economic order quantity and the number of orders. 1. Economic order quantity for the phone in units and in kg 2. The total cost for purchasing the phones3. The total…
101 Use the following information to answer the question which immediately follows Y = 2,000, GT-200, Cd=400 +0.9(Y-T) - 600r, 1200-80r, L-0.5Y 500, M-5000, P-7.35, n² = 0.02 What is the value of r? Select one a 0.58 Ob. 0.45 OC 0.62 Od 0.38 13
13.12 You work for Bellevue Window Products. While performing an analysis for a new window prod- uct, you found a report from last year that pro- vided the following information regarding the manufacture of a similar product: annual produc- tion rate T 40,000 units; selling price = $70 per unit; fixed production cost = $240,000 per year; variable production cost = $1,700,000 per year; variable selling expenses = $96,000 per year. As a first-cut, you decide to use this information to estimate (a) the breakeven production rate per year, (b) the company's profit last year, and (c) the annual production rate that would generate a profit of $1,000,000 per year. What are your estimates?

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