Your brother borrowed your 2010 Toyota Corolla and had an accident.He is okay, but the car is write-off.You paid $5,000 for it a year ago, and your brother has offered to give you $3,000, the cost he estimates of another 2010 Toyota Corolla.A new Toyota Corolla costs $22,500.Which of the following statements is true?
A) The replacement cost of the car is $3,000.
B) The replacement cost of the car is $5,000.
C) The replacement cost-new of the car is $5,000.
D) The replacement cost of the car is $22,500.
Correct Answer:
Verified
Q50: Identify the stakeholders in each of the
Q51: You have a collection of 200 international
Q52: Zhang recently purchased a ladder and some
Q53: In the summer of 2005, forty three
Q54: What would be the most likely form
Q55: Identify five potential stakeholders in a company
Q56: Replacement cost is one way to measure
Q57: Darnia Delaware has been making pottery as
Q58: Mathew has recently graduated from university
Q60: You have been approached to invest in
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents