Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Questions -
Q1) Andrew purchased his home in 2009 for $150,000. At the time he took purchased a homeowners policy with a $125,000 limit and an 80% coinsurance requirement. In 2015 Andrew's home incurs storm damage. The cash value of the damaged property is $50,000, and the repair costs are $75,000. At the time of the loss, Andrew's house had appreciated to $200,000 and he has maintained the same policy for the entire time that he has owned his home. How much compensation will Andrew receive from his insurer for the loss?
(A) $58,594
(B) $75,000
(C) $50,000
(D) $16,406
Q2) An "open perils" policy means that the perils covered must be explicitly listed in the policy in order to be covered. (True or False)
Q3) A "proof of loss" form must include all of the following EXCEPT:
(A) changes in title or occupancy that occurred during the policy period
(B) a list of liens that have been applied to the property
(C) identification of any other insurance which may be available to cover the loss
(D) a copy of the deed for the property
URyan Crop. share is selling for $100 per share today. Calculate the expected rate of return for shareholders
Balbina Bathilda invested P2,500 at the end of every 3-month period, for 5 years, How much is Balbina investment worth after five years
Bray changed to the straight-line method on January 1, year 3. Bray can justify the change. What should be the depreciation expense on this machine for the year ended December 31, year 3?
Rooster Ltd. sells a printing press for $10,000 in order to purchase a newer model. What the journal entry to record the sale of the old printing press?
On September 1, Irene opened a retail store that specializes in sports car accessories. The name of the is " Plus Two Cones". The store is located at 617 Main street, Spokane, WA 99206. The store uses the cash method of accounting, Her income and exp..
What is the second year's cash flow (excluding the CCA Tax Shield)? XYZ's marginal tax rate is 36%, and its required rate of return (RRR) is 11%
What is the amount of net purchase at original retail before mark up and mark down? What amount was reported as net sales?
What price would Michael be indifferent to buying or not buying the investment? Michael Masury has an opportunity to buy a commercial property.
Explain why Cornelius was able to report net cash flow from operating activities that was higher than net income. Explain why this is important to financial statement users.
For the company that does not have resource limitation, in what sequence would following budgets be prepared? production budget
Common accounting standards should be adopted by all countries to help countries with international business. As it is, most countries find international business almost impossible as there are so many hurdles and policies they need to adhere to and ..
A mutual fund manager has a $20 million portfolio with a beta of 0.75. The risk-free rate is 5.00%, and the market risk premium is 5.5%. The manager expects to receive an additional $5 million, which she plans to invest in a number of stocks. After i..
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd