An insurance company has a standard coinsurance clause of 90%. Compute the amount of insurance coverage the owner of a building valued at $1,060,00 . must carry in order to avoid being the bearer of part of the insurance
$954,000
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The average number of times a dollar of money is used for transactions over the course of a year is referred to as the
A. money multiplier. B. velocity of money. C. money growth rate. D. extent of exchange.
Exhibit 14-13 Yoho Corp issued $500,000 of its ten-year 6% bonds at 104. Each $1,000 bond carries ten warrants. Each warrant allows the holder to purchase one share of $10 par common stock for $50. Following the sale, relevant market values were: Bonds $980 (ex rights) Warrants $14 each Common stock $60 each ? Refer to Exhibit 14-13. The entry to record the sale of the bonds would include a
A) debit to Discount on Bonds Payable for $10,000. B) credit to Bonds Payable for $490,000. C) debit to Cash for $560,000. D) credit to Common Stock Warrants for $65,000.
All of the following about multiple regression are true EXCEPT:
A) R2 cannot be less than the highest bivariate r2 between an independent variable and the dependent variable. B) R2 will be larger when the correlations between independent variables are low. C) If the independent variables are uncorrelated, then R2 will be the sum of the bivariate r2 of each independent variable with the dependent variable. D) Adjusted R2 adjusts for the number of independent variables and sample size. E) R2 can decrease as more independent variables are added to the regression equation.
Limitations refer to boundaries imposed outside the control of the researcher, such as time limit and budget
Indicate whether the statement is true or false