QUESTION 7 of 10: You own a house near the beach. Your Home Owners insurance has an annual premium of $1,250. However, since you
live only 112 feet from the high tide mark Flood Insurance is highly recommended. There are four Flood Zones based on your distance from
the high tide mark. Zones are in 80-foot increments from furthest to nearest the water -- zone 1: 241-320, zone 2: 161.240, zone 3: 81-160,
and zone 4: 0-80. Your insurance premium increases by 5% for each zone. What is your annual premium adjusted to include flood insurance
in your zone?

Minneapolis federal reserve bank economist edward prescott estimates the elasticity of the u.s. labor supply to be 3. given this elasticity, what would be the impact of funding the social security program with tax increases on the number of hours worked and on the amount of taxes collected to fund social security?

The common stock of ncp paid $1.35 in dividends last year. dividends are expected to grow at an annual rate of 5.30 percent for an indefinite number of years. a. if ncp's current market price is $22.57 per share, what is the stock's expected rate of return? b. if your required rate of return is 7.3 percent, what is the value of the stock for you? c. should you make the investment? a. if ncp's current market price is $22.57 per share, the stock's expected rate of return is

Engberg company installs lawn sod in home yards. the company’s most recent monthly contribution format income statement follows: amount percent of sales sales $ 80,000 100% variable expenses 32,000 40% contribution margin 48,000 60% fixed expenses 38,000 net operating income $ 10,000 required: 1. compute the company’s degree of operating leverage. (round your answer to 1 decimal place.) 2. using the degree of operating leverage, estimate the impact on net operating income of a 5% increase in sales. (do not round intermediate calculations.) 3. construct a new contribution format income statement for the company assuming a 5% increase in sales.