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Author Question: The insurance carrier used by Best Security Systems specifies 75 coinsurance. The company recently ... (Read 197 times)

NClaborn

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on: Jun 24, 2018
The insurance carrier used by Best Security Systems specifies 75 coinsurance. The company recently incurred 696,000 in damages from a tornado. The building was valued at 877,000, but was only insured for 606,000. What amount will be paid by the insurance company for the loss? (Round your answer to the nearest cent)
 A) 696,000.00
  B) 641,240.59
  C) 578,495.07
  D) 592,750.00

Question 2

West-Coast Publishers employs 43 workers with a gross biweekly payroll of 47,128.00. Fringe benefits are 8.31 per employee for life insurance and 10.9 of payroll for a stock purchase plan. What is the total cost of fringe benefits?
 A) 5,494.28
  B) 5,163.95
  C) 357.33
  D) 5,136.95


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Swizqar

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

B

Answer to Question 2

A


NClaborn

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Reply #2 on: Jun 24, 2018
Correct answers!


Swizqar

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Reply #3 on: Jun 24, 2018
Great! Please up vote :D


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