The amount that the insurance company pay for the damages to the roof is :$16,500.
<h3 /><h3>Amount Insurance company paid for damage</h3>
Total expenses incurred from the windstorm=$17,000 + $320
Total expenses incurred from the windstorm=$17,320
Insurance covered amount=$17,000 − $500 deductible
Insurance covered amount= $16,500
Inconclusion the amount that the insurance company pay for the damages to the roof is :$16,500.
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Explanation:
A preferred stock is a share of ownership in a public company. It has some qualities of a common stock and some of a bond. The price of a share of both preferred and common stock varies with the earnings of the company. Both trade through brokerage firms.
Bond prices, on the other hand, vary with the company's ability to pay. The difference is that preferred stocks pay an agreed-upon dividend at regular intervals. This quality is similar to that of bonds. Common stocks may pay dividends depending on how profitable the company is. Moreover, Prefered stocks dividend are often higher than the common stock.
<span>What businesses must do in order to fulfill their legal and financial regulations is report information about the assets they sell. Whatever happens to their assets, if they acquire new ones or sell old ones, these business have to report about their activities to the higher authorities. So, for example, if they buy or sell a piece of land, this has to be reported immediately.</span>