Which of the following is a projection of the bipartisan report Risky Business: The Economic Risks of Climate Change in the United States?
a. Roughly 20 percent of the American landmass will be under water by 2050.
b. Many Americans will see an increase in number of days over 95°F each year by
2050.
c. Hurricane losses will increase by a factor of 10 by 2050.
d. Approximately 800,000 residents of New York City will be living in flood zones by
2050.
b. Many Americans will see an increase in number of days over 95°F each year by
2050.
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Indicate whether the statement is true or false
McClintock Inc had the following information available from its 2011 balance sheet and income statement: Insurance expense $15,000 Prepaid insurance - beginning 30,000 Prepaid insurance - ending 25,000 What amount would be reported as cash outflows for insurance on the statement of cash flows for 2011 using the direct method?
A) $70,000 B) $10,000 C) $20,000 D) $25,000
A buyer who accepts goods but notifies the seller the goods are non-conforming:
a. cannot recover any damages. b. can recover the difference between the goods as promised and as delivered, plus incidental and consequential damages. c. cannot recover incidental damages. d. cannot recover consequential damages.
Donee beneficiaries and incidental beneficiaries are called intended beneficiaries
a. True b. False Indicate whether the statement is true or false