Homeowner's insurance is a combination of the standard fire insurance policy and comprehensive personal liability insurance

Indicate whether the statement is true or false


True

Business

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Hector ordered a model fighter jet at a discounted price of $22 from a hobby catalog. However, he was charged an extra $10 for shipping charges that were not mentioned anywhere on the catalog. He decided never to buy anything from that catalog again. Due to a ________, the catalog retailer lost a customer.

A. market gap B. knowledge gap C. research gap D. communications gap E. delivery gap

Business

Which of the following statements is CORRECT?

A. To find the MIRR, we first compound cash flows at the regular IRR to find the TV, and then we discount the TV at the cost of capital to find the PV. B. The NPV and IRR methods both assume that cash flows can be reinvested at the cost of capital. However, the MIRR method assumes reinvestment at the MIRR itself. C. If two projects have the same cost, and if their NPV profiles cross in the upper right quadrant, then the project with the higher IRR probably has more of its cash flows coming in the later years. D. If two projects have the same cost, and if their NPV profiles cross in the upper right quadrant, then the project with the lower IRR probably has more of its cash flows coming in the later years. E. For a project with normal cash flows, any change in the cost of capital will change both the NPV and the IRR.

Business

Johnson Tires Company uses the indirect method to prepare the statement of cash flows

Refer to the following comparative balance sheet for Johnson Tires Company and complete the third column to show the increases or decreases. Johnson Tires Company Comparative Balance Sheet December 31, 2017 and 2016 Increase/ 2016 2015 (Decrease) Cash $39,600 $19,800 Accounts Receivable 26,400 38,500 Merchandise Inventory 204,000 126,500 Total Assets 270,000 184,800 Accounts Payable 4,800 6,600 Accrued Liabilities 2,400 1,100 Long-term Notes Payable 100,800 99,000 Total Liabilities 108,000 106,700 Common Stock 36,000 2,200 Retained Earnings 135,600 81,400 Treasury Stock (9,600 ) (5,500 ) Total Stockholders' Equity 162,000 78,100 Total Liabilities and Stockholders' Equity $270,000 $184,800 What will be an ideal response

Business

The optimal distribution policy strikes that balance between current dividends and capital gains that maximizes the firm's stock price.

Answer the following statement true (T) or false (F)

Business