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Author Question: All of the following losses are subject to special limits of liability under the Homeowners 3 policy ... (Read 67 times)

dejastew

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All of the following losses are subject to special limits of liability under the Homeowners 3 policy EXCEPT
 
  A) theft of firearms.
  B) destruction by fire of property used for business purposes.
  C) storm damage to a boat at a marina.
  D) furniture destroyed by a fire.

Question 2

The December 31, 2009 balance sheet shows net fixed assets of 150,000 and the December 31, 2010
  balance sheet shows net fixed assets of 250,000. Depreciation expense for 2009 is 25,000 and
  depreciation expense for 2010 is 35,000.
 
  Based on this information, the cost of fixed assets
  purchased during 2010 is
  A) 100,000. B) 160,000. C) 110,000. D) 135,000.


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InfiniteSteez

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dejastew

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


kjohnson

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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