A fly-around commercial airplane is taxiing on the approach to the runway when a tire blows. The underside of the airplane is damaged. The airplane is insured by an All-Risks – Ground and Flight Aircraft Hull policy. Which of the following statements is true regarding this loss?
a. the loss is covered because the All-RiskspGround and Flight Aircraft Hull covers losses while the airplane is on the ground and while it is in flight
b. the loss is not covered because the All-Risks-Ground and Flight Aircraft Hull policy cover only losses while in flight or while not moving on the ground
c. the loss is not covered even though the aircraft is airworthy
d. the loss is covered because commercial use voids the wear-and-tear exclusion

Suppose that hubert, an economist from an am talk radio program, and kate, an economist from a nonprofit organization on the west coast, are arguing over government bailouts. the following dialogue shows an excerpt from their debate: kate: to recent financial crises, the concept of bailouts is a hot topic for debate among everyone these days. hubert: indeed, it’s gotten crazy! a government bailout of severely distressed financial firms is unnecessary because free markets will properly price assets. kate: i don’t know about that. without a bailout of severely distressed financial firms, the economy will experience a deep recession. the disagreement between these economists is most likely due todifferences in scientific judgments . despite their differences, with which proposition are two economists chosen at random most likely to agree? business managers can raise profit more easily by reducing costs than by raising revenue. central banks should focus more on maintaining low unemployment than on maintaining low inflation. employers should not be restricted from outsourcing work to foreign nations

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At december 31, 2016, pina corporation had the following stock outstanding. 10% cumulative preferred stock, $100 par, 107,810 shares $10,781,000 common stock, $5 par, 4,026,000 shares 20,130,000 during 2017, pina did not issue any additional common stock. the following also occurred during 2017. income from continuing operations before taxes $21,950,000 discontinued operations (loss before taxes) $3,505,000 preferred dividends declared $1,078,100 common dividends declared $2,300,000 effective tax rate 35 % compute earnings per share data as it should appear in the 2017 income statement of pina corporation