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Author Question: Which of the following statements about the Homeowners 3 policy is (are) true? I. Losses to the ... (Read 58 times)

melina_rosy

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Which of the following statements about the Homeowners 3 policy is (are) true? I. Losses to the dwelling are always settled on an actual cash value basis. II. Coverage on personal property is limited to 5,000.
 
  A) I only
  B) II only
  C) both I and II
  D) neither I nor II

Question 2

An analyst is evaluating two companies, A and B. Company A has a debt ratio of 50 and
  Company B has a debt ratio of 25. In his report, the analyst is concerned about Company B's debt
  level, but not about Company A's debt level.
 
  Which of the following would best explain this
  position?
  A) Company B has much higher operating income than Company A.
  B) Company B has more total assets than Company A.
  C) Company A has a lower times interest earned ratio and thus the analyst is not worried about
  the amount of debt.
  D) Company B has a higher operating return on assets than Company A, but Company A has a
  higher return on equity than Company B.


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mathjasmine

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melina_rosy

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Reply 2 on: Jul 11, 2018
Thanks for the timely response, appreciate it


Liamb2179

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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