Kitchen with a replacement value

Assignment Help Business Economics
Reference no: EM132281471

David has homeowners 3 policy that provides $280,000 of insurance on his dwelling, which has a current replacement value of $400,000. Ignoring any deductible, how much will David collect if a kitchen with a replacement value of $24,000 but an actual cash value of $20,000 is destroyed in a fire?

Reference no: EM132281471

Questions Cloud

Describe the role of values in the rise of the modem : Using the Kraft text as a guide, briefly identify who you think of as the most important actors Involved in environmental policy.
Increasing the accounts receivable lag time : What might be the ramifications, financially and from a marketing perspective, of increasing the accounts receivable lag time?
What is the incremental cash flow : What is the incremental cash flow for a company that foregoes $8,000 pa in rental for factory space in order to mamnufacture a product
Describe the role of values in the rise of the modem : Using the Kraft text as a guide, briefly identify who you think of as the most important actors Involved in environmental policy.
Kitchen with a replacement value : How much will David collect if a kitchen with a replacement value of $24,000 but an actual cash value of $20,000 is destroyed in a fire?
The local ordinance in your municipality governing noise : A recent federal trial court decision in your federal district describing the standard for summary judgment in federal court.
What is the beta of portfolio : You also own $14,315 of Frozen Food Express (assumed beta = 1.76) and $8,589 of Molecular Devices (assumed beta = 0.80).
What is its required return : Since analysts estimate Universal Forest will have a growth rate of 14.0 percent, what is its required return?
Cargo containers with chines and american flags on them : The American economic system is very complicated. It is considered a laissez-faire economy, but this does not mean that it operates in an entirely free market.

Reviews

Write a Review

Business Economics Questions & Answers

  Federal income tax code for the united states

Make sure that you consider two cases. In the first case, the consumer does not pay any tax before x is reduced, and in the second case, the consumer pays a positive tax before x is reduced.

  Impact moral reasoning about the rights of the animals

How does the concept of sentience impact moral reasoning about the rights of the animals? In response define sentience and give at least three examples of how this compact impacts ethical decisions about animals.

  How much was returned

If the proceeds on a 14-day simple discount loan is $4151 and the weekly simple discount rate is 1%, how much was returned?

  Suppose that a monopolist faces the demand curve

Suppose that a monopolist faces the demand curve: Q=a-bP, where a and b are constants. Show that his marginal revenue curve is given approximately by the equation: MR= a - 2Q/b

  Externalities and the environment

Meyer describes the "Tragedy of the Commons." The IMF article explains how this type of problem is an example of an "externality." What is an externality?

  Using the section on vertical integration vs outsourcing

Using the section on vertical integration vs outsourcing in, discuss the decision to keep fulfilment centers in house and develop their own custom software to run them, rather than outsource these activities. Does it meet one or more of the arguments..

  Elucidate the process and causes of economic events

Elucidate the process and causes by which each of the following economic events will move the economy from one long-run macroeconomic equilibrium to another. Use the diagrams below, resizing them as necessary.

  Which country has comparative advantage in producing fish

Suppose that Kiribati can produce 1000 tons of breadfruit or 500 tons of fish, and that Tuvalu can produce 750 tons of breadfruit or 1875 tons of fish. What is the opportunity cost of 1 unit of fish in Kiribati? Which country has a comparative advant..

  What are the profits of the monopoly in equilibrium

A monopoly produces widgets at a marginal cost of $8 per unit and zero fixed cost. It faces an inverse demand function given by P = 38 – Q and MR = 38 – 2Q. What are the profits of the monopoly in equilibrium? What are the consumer surpluses in equil..

  Goals leading up to a long-term goal

1. Why is it important to set short-term goals leading up to a long-term goal?

  Discuss income and price elasticities of demand for cars

The automobile industry is one of the industries seriously affected by the recession that began in late 2007. General Motors and Ford are among the companies affected by this economic slowdown. Discuss income and price elasticities of demand for cars..

  Experiences during great depression and financial crisis

Identify the similarities between the United? States' experiences during the Great Depression and the financial crisis of? 2007-2009. ?(Check all that? apply) Credit spreads widened and the availability of credit declined during both episodes. Both e..

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd