David has a 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 roof with a replacement value of 16,000 but an actual cash value of 10,000 is destroyed in a fire?
A) 10,000
B) 12,000
C) 14,000
D) 16,000
Question 2
Wheeler Corporation had retained earnings as of 12/31/10 of 15 million. During 2011, Wheeler's
net income was 7 million. The retained earnings balance at the end of 2011 was equal to 20
million. Therefore,
A) Wheeler paid a dividend in 2010 of 5 million.
B) Wheeler purchased treasury stock in 2010 for 2 million.
C) Wheeler paid a dividend in 2010 of 2 million.
D) Wheeler sold common stock during 2010 for 5 million.
In 2009, historian Woody Holton described how Abigail Adams shrewdly invested in the Continental Con
Gianlorenzo Bernini, David.
Scientific monitoring with environmental policy (SOER)
Food policy can drive the food industry
The fiscal policy to counter an inflationary gap is a(n)