Author Question: Which of the following statements about the business income coverage form is true? A) Business ... (Read 103 times)

clippers! · **on:** Jul 11, 2018

Which of the following statements about the business income coverage form is true?

A) Business income is defined as gross earnings before taxes.
B) Payroll is excluded unless it is specifically added.
C) The form covers loss of business income and extra expenses incurred during restoration.
D) The form can be used by a manufacturing operation only.

Question 2

Based on the information in Table 4-1, and assuming the company's stock price is 30 per share, the
P/E ratio is

A) 9.85. B) 10.99. C) 3.09. D) 4.83.