Residual claim - Study guides, Class notes & Summaries

State Farm Property Exam | Questions and Answers Graded A+ Latest 2024/2025 preferred, standard, substandard, or decline - CORRECT ANSWER The four ways risks are classified. primary insurance amount (PIA) - CORRECT ANSWER Amount equal to covered workers full Social Security retirement benefit or disability benefit. probationary period - CORRECT ANSWER A period of time between the issuance of a policy and the date coverage begins. proof of loss - CORRECT ANSWER A mandatory NAIC provis...

Prospectus (1933) correct answers -all material facts -given no later than w/confirmation of sale -all forms of communication except word of mouth Estate tax correct answers -unlimited amount to US spouse/charity, no fed tax -Assets sold at FMV -Payment no more than 9 months after death Form ADV correct answers 1A: -locations (all states registered in) -form and method of business and activities -control person details -custody/discretion -disciplinary history 1B: -Only required b...

Test Bank For Corporate Finance 13e Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan-1) Generally, among those who report directly to the are the treasurer and the controller of a corporation. A) board of directors B) chairperson of the board C) chief executive officer D) president E) chief financial officer 2) A typical chain of command in a corporation is described by which one of the following statements? A) The information systems manager reports to the treasurer. ...

Florida Health Insurance Exam Questions and Answers Latest 2024/2025 (GRADED A) Which of the following laws requires an insurer to notify an applicant in writing that an investigative consumer report may be made on the applicant? -Uniform Provisions Law. -Freedom of Information Act. -Medical Information Bureau Disclosure Act -Fair Credit Reporting Act (Insurance Information and Privacy Protection Act) - ANSWER Fair Credit Reporting Act (Insurance Information and Privacy Protection Act) G...

Florida Health Insurance Practice Exam Questions and Answers Latest 2024/2025. Which of the following laws requires an insurer to notify an applicant in writing that an investigative consumer report may be made on the applicant? -Uniform Provisions Law. -Freedom of Information Act. -Medical Information Bureau Disclosure Act -Fair Credit Reporting Act (Insurance Information and Privacy Protection Act) - ANSWER Fair Credit Reporting Act (Insurance Information and Privacy Protection Act) Gr...

Investors buy debt or equity of the Firm with cash: Financing Decision - how should the firm raise the cash/capital to pay for the firm's assets? External finance involves selling a financial claim - why choose debt or equity? Debt - a contractual claim entitles investor to receive fixed interest payments at specified dates Equity - a residual claim entitles ownership in firm Who gets "paid" first? Neither Debt holders Equity holders Depends - Depends Investment Decision - wha...

Enterprise value is equal to the market value of a firm's equity plus the market value of a firm's debt _____. correct answers minus cash The purpose of the firm is to create ____ for the owner correct answers value A firm's balance sheet shows a snapshot of the firm's finances... correct answers at a single point in time _____ budgeting is the process of making and managing expenditures on long-term assets. correct answers Capital Example of current asset correct answers Invento...

mortgage Broker - Answer- Functions as a middleman between the borrower and the lender, negotiating, selling or arranging loans to be delivered to large investors Mortgage Banker - Answer- Provide their own funds for the purpose of providing mortgage financing Correspondent Lender - Answer- Smaller in scale then mortgage bankers or brokers, these lenders typically extended loans with their own funds at their own risk Origination - Answer- The process of creating a new mortgage loan U...

Corporate Finance Final Exam Review Which of the following variables does NOT need to remain constant when calculating external funds needed? A. assets/sales B. debt/equity C. level of sales D. retention rate - c. level of sales Which of the following statements about the claims firms issue to investors is true? A. debtholders have a contractual claim on the firm that requires that managers act in their best interests B. stockholders have a residual claim on the firm that does not ...

The major provisions of the Patient Protection & Affordable Care Act of 2010 were? -Banning of preexisting condition coverage limitations -Free preventative care -Medicaid expansion Which of the following statement(s) about the finance department a t large healthcare organizations is/are correct? -The CFO typically reports directly to the chief executive officer (CEO) -The CFO is usually assisted by a comptroller and treasurer -The department is headed by the chief financial officer (CF...