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Author Question: Several different values can be considered when determining how much insurance should be carried on ... (Read 31 times)

nmorano1

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on: Jul 11, 2018
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
Foundations of Finance ¦ Keown, Petty, Martin ¦ 9th Edition
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Ksanderson1296

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Reply #1 on: Jul 11, 2018
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.
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nmorano1

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Reply 2 on: Jul 11, 2018
Great answer, keep it coming :)

lindahyatt42

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Reply 3 on: Yesterday
:D TYSM

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