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Author Question: All Season Gifts owns a building valued at 802,000, but has decided to insure it for only 552,000. ... (Read 127 times)

vinney12

  • Hero Member
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  • Posts: 586
on: Jun 24, 2018
All Season Gifts owns a building valued at 802,000, but has decided to insure it for only 552,000. Their insurance policy stipulates coinsurance of 85. If a fire were to cause 208,000 in damage, how much would the insurance company pay on the claim? (Round your answer to the nearest cent)
 A) 208,000.00
  B) 16,190.05
  C) 168,425.99
  D) 191,800.00

Question 2

The last weekly payroll of Available Temp Services was 33,110.00 for 55 employees. The company pays 7.1 of payroll for vacations and sick leave and 58.06 per employee for health insurance. What percent of payroll is the total cost of fringe benefits? (Round your answer to the nearest tenth of a percent)
 A) 9.6
  B) 10.3
  C) 16.7
  D) 18.9


Carissamariew

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Reply #1 on: Jun 24, 2018
Answer to Question 1

C

Answer to Question 2

C


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