XYZ Mutual Insurance Company has total assets of $10 million. The poli
XYZ Mutual Insurance Company has total assets of $10 million. The policyholders’ surplus is $2 million. What are XYZ Mutual’s total liabilities?
A) $4.0 million
B) $8.0 million
C) $10.0 million
D) $12.0 million
ANSWER
Answer: B
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