« previous next »

Author Question: Actors Limited had property valued at 600,000 and insured for 425,000. The fire insurance policy ... (Read 158 times)

student77

  • Hero Member
  • *****
  • Posts: 567
on: Jun 24, 2018
Actors Limited had property valued at 600,000 and insured for 425,000. The fire insurance policy contained an 75 coinsurance clause. What was the coverage ratio? (Round to the nearest percent)

Question 2

____________________ interest uses 365 days as the time factor denominator in the simple interest formula.
 Fill in the blank(s) with correct word


nanny

  • Sr. Member
  • ****
  • Posts: 313
Reply #1 on: Jun 24, 2018
Answer to Question 1

94

Answer to Question 2

Exact


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Every flu season is different, and even healthy people can get extremely sick from the flu, as well as spread it to others. The flu season can begin as early as October and last as late as May. Every person over six months of age should get an annual flu vaccine. The vaccine cannot cause you to get influenza, but in some seasons, may not be completely able to prevent you from acquiring influenza due to changes in causative viruses. The viruses in the flu shot are killed—there is no way they can give you the flu. Minor side effects include soreness, redness, or swelling where the shot was given. It is possible to develop a slight fever, and body aches, but these are simply signs that the body is responding to the vaccine and making itself ready to fight off the influenza virus should you come in contact with it.

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Orangutans are limited to the islands of Sumatra and Borneo, where their numbers are rapidly declini Orangutans are limited to the islands of Sumatra and Borneo, where their numbers are rapidly declini
Reaction limited by substrate concentration Reaction limited by substrate concentration
The fire triangle and the fire tetrahedron For combustion to occur, three elements must be ... The fire triangle and the fire tetrahedron For combustion to occur, three elements must be ...
The Nature of Environmental Science: A fireman battles with a forest fire The Nature of Environmental Science: A fireman battles with a forest fire
Government in America: People, Politics, and Policy, AP Government in America: People, Politics, and Policy, AP
International Economics: Theory and Policy (10th Edition) International Economics: Theory and Policy (10th Edition)
Video: Introduction to Sleep Apnea

For a complete list of videos, visit our video library