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?^^^^^^^^^^^ Ifthehomeowner'spolicycovers70%ofthereplacementcostandtheactualcashvalueofthelossis$25,000,whatwouldbetheamountofrecoveryiftherepaircostsamountto$35,000? Actualcashvalue:$25,000 Repaircosts:$35,000 Coveragepercentage:70% ...

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Accounting

?^^^^^^^^^^^
Ifthehomeowner'spolicycovers70%ofthereplacementcostandtheactualcashvalueofthelossis$25,000,whatwouldbetheamountofrecoveryiftherepaircostsamountto$35,000?
Actualcashvalue:$25,000
Repaircosts:$35,000
Coveragepercentage:70%
Replacementcost:?
Amountofrecovery:?

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