Which of the Following Statements Is (Are)true About the National

question 16

Multiple Choice

Which of the following statements is (are) true about the National Flood Insurance Program?
I.You can't purchase flood insurance through this program if your property is located in a high-flood-risk area.
II.Coverage is not available for any property which has been flooded previously.

• A)I only
• B)II only
• C)both I and II
• D)neither I nor II

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Definitions:

EPS

Earnings Per Share - a company's profit divided by its number of outstanding shares, indicating the profitability on a per-share basis.

Debt

Money that is owed or due to be paid to creditors.

Capital Structure

The mix of various types of debt and equity that a company uses to finance its operations.

Tax Rate

The proportion of one's earnings or company profits that is required to be paid as tax.