What amount would a person with actual cash value (ACV) coverage receive for two-year-old furniture destroyed by
Question:
What amount would a person with actual cash value (ACV) coverage receive for two-year-old furniture destroyed by a fire? The furniture would cost $2,000 to replace today and had an estimated life of five years.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 75% (16 reviews)
2000 2...View the full answer
Answered By
Mary Njunu
I posses Vast, diversified knowledge and excellent grammar as a result of working in ACADEMIC WRITING for more than 5 years. I deliver work in various disciplines with assurance of quality work. I purpose at meeting the clients’ expectations precisely. Let’s work together for the best and phenomenal grades.
4.90+
928+ Reviews
2551+ Question Solved
Related Book For
Focus On Personal Finance
ISBN: 9780077861742
5th Edition
Authors: Jack R. Kapoor, Les R. Dlabay Professor, Robert J. Hughes, Melissa Hart
Question Posted:
Students also viewed these Business questions
-
A project has a service life of five years with the initial investment outlay of $200,000. If the discounted payback period occurs at the end of the project service life (say five years) at an...
-
Question: A tractor which cost Rs.30,000 had an estimated life of 5 years and an estimated salvage value of Rs.10,000. Straight line depreciation method was used. Give the general journal entry...
-
An engine fire destroys your car. Which coverage would reimburse you for the dam age? What is the maximum amount you could collect under your auto policy?
-
The curve described by the cable of the suspension bridge shown in Figure 8.70 is given by where x is the distance measured from one end of the bridge. What is the length of the cable (see Example...
-
How do basic feelings differ from higher-level feelings?
-
The following information is provided for Kelly Plumbing Supply. Cash received from customers during December 20X1 .............. $387,000 Cash paid to suppliers for inventory during December 20X1...
-
Member B is subjected to a compressive force of 910 lb. If A and B are both made of wood and are 1/2 in. thick, determine to the nearest 1/8 in. the smallest dimension b of the horizontal segment so...
-
The production department described in Exercise 20-8 had $850,368 of direct materials and $649,296 of conversion costs charged to it during April. Also, its beginning inventory of $167,066 consists...
-
An insurance company IFA finds interesting results through correlation studies. This data has to be acquired through a grocery chain Shop Sense How can both the companies leverage data responsibly?...
-
Given MA wheel-and-axle = rE / rR, find each missingquantity. MA TR 119 mm -_in 49.2 cm 31.7 cm 61.3 cm 67.4 mm 29.7 mm 6. 7.00 7. 4.00 mim 12.2 in. 9. 3.00 10. cmm
-
What are the four methods of managing risks? Give an example for each. Risk avoidance Risk reduction Risk assumption Risk shifting
-
1. Based on their current life status, what are some of the goals Jamie Lee and Ross should set to achieve when developing their insurance plan? 2. What four questions should Jamie Lee and Ross ask...
-
What is a microfranchise? Would these be good for a developing country? For the U.S.?
-
You have observed the following returns on ABC's stocks over the last six years : 1 9 . 6 6 % , 2 9 . 6 5 % , - 2 . 0 5 % , - 1 0 . 8 4 % , 1 2 . 8 % , 1 6 , 7 5 % What is the geometric average...
-
In March 2 0 2 3 , Gray Corporation hired two individuals, both of whom were certified as long - term recipients of family assistance benefits. Each employee was paid $ 1 1 , 0 0 0 during 2 0 2 3 ....
-
Consider a stock with the following characteristics: The standard deviation of its annual returns: 5 8 . 2 % . The correlation between the returns of the stock and the market: 0 . 4 7 If the risk -...
-
Johnston & Chu started the year with $ 6 5 0 , 0 0 0 in the common stock account and $ 1 , 3 1 8 , 4 0 7 in the additional paid - in surplus account. The end - of - year balance sheet showed $ 7 2 0...
-
You, CPA, work for Artful Accounting Inc. (AAI), a CPA professional corporation. It is February 29, 2024 and you have just finished meeting with Maxine Maximus a senior manager at your company. Ms....
-
Match each term from an ANOVA regression on the left to its symbol on the right. These exercises use the abbreviations SS for sum of squares and MS for mean squares. Difference of two population...
-
In the synthesis of the keto acid just given, the dicarboxylic acid decarboxylates in a specific way; it gives Explain. HO rather than HO
-
If you had $5,000 to invest in bonds and your intent was to ladder the bond investments at segments of $1,000 every year, for what period of time would each bond be set?
-
Jenn invested in a 5-year corporate bond for $10,000 at 7% interest three years ago paying interest annually. She is now planning a wedding and would like to cash in her bond to help finance the...
-
You have $1,000 in a savings account and your checking account requires an $800 balance. You are earning 1% on your savings account. If you go below an $800 balance on your checking account, you...
-
1. There are missing parts in the program below and fix the bugs: isJavaFun = true; = is Fish Tasty false; System.out.println("Is Java Fun' is JavaFun); System.out.println("Is Fish TASTY" isFish...
-
Write regular expressions in Java for the following: Strings between10and20characters (inclusive) which have odd lengths. The allowed characters here are not specified, and should be considered...
-
These containers are available in four sizes: huge, large, medium, and small, which can hold 50, 20, 5 and 1 widgets, respectively. The cost of each of the containers, at this time, is $35.00 (huge),...
Study smarter with the SolutionInn App