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?^^^^^^^^^ Ifthehomeowner'spolicycovers70%ofthereplacementcostandtheactualcashvalueofthelossis$18,000,whatwouldbetheamountofrecoveryiftherepaircostsamountto$32,000? Actualcashvalue:$18,000 Repaircosts:$32,000 Coveragepercentage:70% Replacementcost:?...

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Accounting

?^^^^^^^^^
Ifthehomeowner'spolicycovers70%ofthereplacementcostandtheactualcashvalueofthelossis$18,000,whatwouldbetheamountofrecoveryiftherepaircostsamountto$32,000?
Actualcashvalue:$18,000
Repaircosts:$32,000
Coveragepercentage:70%
Replacementcost:?
Amountofrecovery:?

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