Ten years ago, Princess her house for $200,000.00. Her house is now valued at $600,000 but she has not increased her insurance. A gas tank recently exploded and destroyed her kitchen. She put in a claim for $90,000.00 but the insurance company is only prepared to pay her $30,000.00. She is very distressed. a) Explain to Princess which principle of insurance was used to determine
the amount to be paid.

b) Advise her how she should resolve the present situation.

c) Explain TWO other principles of insurance that would apply to this case.​

Last year, western corporation had sales of $5 million, cost of goods sold of $3 million, operating expenses of $175,000 and depreciation of $125,000. the firm received $40,000 in dividend income and paid $200,000 in interest on loans. also, western sold stock during the year, receiving a $40,000 gain on stock owned 6 years, but losing $60,000 on stock owned 4 years. what is the firm's tax liability?

The face of a company is often that of the lowest paid employees who meet the customers. select one: true false

Which of the following statements is not correct? the stock of publicly owned companies must generally be registered with and reported to a regulatory agency such as the sec. when stock in a closely held corporation is offered to the public for the first time, the transaction is called "going public, or an ipo," and the market for such stock is called the new issue or ipo market. "going public" establishes a firm's true intrinsic value and ensures that a liquid market will always exist for the firm's shares. if you wanted to know what rate of return stocks have provided in the past, you could examine data on the dow jones industrial index, the s& p 500 index, or the nasdaq index.