Author Question: A hurricane caused 179,000 in damages to a building owned by Universal Imports. The building was ... (Read 96 times)

Alygatorr01285 · **on:** Jun 24, 2018

A hurricane caused 179,000 in damages to a building owned by Universal Imports. The building was insured by several carriers for a total of 659,000, and all coinsurance requirements were met. If CNA Insurance is providing 197,700 of the total coverage, what is their share of the loss?
A) 53,700
B) 125,300
C) 59,310
D) 119,690

Question 2

Capital Construction employs 79 workers with a gross weekly payroll of 35,076.00. Fringe benefits are 30.98 per employee for dental insurance, 9.15 per employee for discount club memberships and 6.6 of payroll for a pension plan. What is the total cost of fringe benefits?
A) 5,485.29
B) 4,245.67
C) 3,170.27
D) 2,447.42