The United States experiences about 1200 tornadoes in an average year that cause a total of about $1 billion in damage. This works out to a mean of a little over $800,000 per tornado. Most likely the cost of a typical tornado is somewhat lower, though, as often a few especially destructive tornadoes make up a significant portion of the damage for a given year.
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What role does the cost of capital play in the financial decision making
$200/month is the average cost.
The average cost of greeting cards is around 4 to 5.
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The Greensburg tornado cost about $250 million.
The average tornado lasts for 5 to 10 minutes.
The average tornado has a path length of 2 to 3 miles.
The average distance traveled by a tornado is about 5 miles.
The cost of damage from the Joplin tornado of 2011 was $2.8 billion, making it the costliest tornado in U.S. history.
Damage cost data for tornadoes is avilabale for the years 1996-2013. In this time period, there were about 22,500 tornadoes in the U.S. that caused a total of about $34 billion in damage (adjusted for inflation to 2014 values). This works out to an average damage cost of just over $1.5 million per tornado. Note, however, that this is higher than the cost of the typical tornado, as the average is skewed upward by rare but extremely costly tornadoes. For example about $10 billion of the total damage from this period was caused by 5 tornadoes. In other words, 0.02% of the tornadoes caused nearly 30% of the damage. If we remove these events from the data set, the average cost per tornado is reduced to between $1.0 million and $1.1 million.
The cost varies from program to program and depends on where you live and what kind of financial aid you get. Out of pocket, the average is about $10,000-$12,000.
Only about 2% of tornadoes ever actually kill anyone.Considering that in an average year in the U.S. there are about 1,200 tornadoes and 60 tornado fatalities the average number of fatalities from a tornado would be about .05.However, the average killer tornado has a dead toll of about 2.3.
The average tornado is 50 yards wide and travels 5 miles.
The average lead time for a tornado warning is 14 minutes.
In the Unite States, the average peak of tornado activity is in May.
Yes, a lower weighted average cost of capital (WACC) is generally better for a company's financial performance as it indicates that the company can raise funds at a lower cost, which can lead to higher profitability and increased value for shareholders.