Elimination of the collateral source rule
How might elimination of the collateral source rule and a shortened statute of limitations affect the availability and affordability of liability insurance?
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A company has revenue of $1000 in 2009. Our current estimate is that revenues will grow 25% per year. Our profit each year will equal 20% of revenue. What is the total value (rounded to the nearest dollar) of all revenues earned during the years 2
In order to determine the financial feasibility of purchasing the geo-tracker, Paul wants to determine the number of months it will take to break even. He plans to keep the car for another 3 years. Calculate the breakeven point for the device in mo
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Also outstanding all year were 6,220 shares of cumulative preferred stock, each convertible into 2 shares of common. The preferred stock pays an annual dividend of $5 per share. DiCenta' tax rate is 40%. Compute DiCenta' 2010 diluted earnings per
A firm borrows euros at 10 percent for one year. During this time period the dollar falls 17 percent against the euro. What is the effective interest rate on the loan for one year?
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