This topic contains a solution. Click here to go to the answer

Author Question: Several different values can be considered when determining how much insurance should be carried on ... (Read 50 times)

nmorano1

  • Hero Member
  • *****
  • Posts: 598
Several different values can be considered when determining how much insurance should be carried on a dwelling (the Coverage A limit of the Homeowners 3 policy). The appropriate value that should be used is:
 
  A) the home's market value.
  B) the home's actual cash value.
  C) the home's appraised value for property tax purposes.
  D) the home's replacement cost.

Question 2

Given the following financial statements for ACME Corporation, what amount did the company
  pay in dividends for 2010?
 
  Income Statement Balance Sheet
  Year Ended 12/31/10 12/31/2010 12/31/2009
  Sales 1,300,000 Current Assets 50,000 45,000
  Cost of Goods Sold 750,000 Gross Fixed Assets 880,000 650,000
  Operating Expenses 200,000 Less Accumulated
  Depreciation
  450,000 350,000
  Depreciation Expense 100,000 Fixed Assets 430,000 350,000
  EBIT 250,000 Total Assets 480,000 395,000
  Interest Expense 50,000
  EBT 200,000 Current Liabilities 35,000 50,000
  Taxes 80,000 Long-term Debt 330,000 270,000
  Net Income 120,000 Common Stock 5,000 5,000
  Retained Earnings 110,000 70,000
  Total Liabilities & Equity 480,000 395,000
  A) 25,000 B) 100,000 C) 80,000 D) 45,000


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Ksanderson1296

  • Sr. Member
  • ****
  • Posts: 339
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 50% of students answer this correctly




nmorano1

  • Member
  • Posts: 598
Reply 2 on: Jul 11, 2018
:D TYSM


vickybb89

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

For a complete list of videos, visit our video library