subject
Business, 23.10.2019 18:30 squawk1738

Stephanie owns a small warehouse that is insured for $200,000 under a commercial property insurance policy. the policy contains an 80 percent coinsurance clause. the warehouse sustained a $50,000 loss because of a fire in a storage area. the replacement cost of the warehouse at the time of loss is $500,000.

a. what is the insurer's liability, if any, for this loss? show your calculations.
b. assume that stephanie carried $500,000 of property insurance on the warehouse at the time of loss. if the amount of loss is $10,000, how much will she collect?
c. explain the rationale of coinsurance in a property insurance contract.

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 21:20
Trinity coatings company uses the indirect method to prepare its statement of cash flows. refer to the following information for 2018: the beginning balance in the cash account was $ 3 comma 000. net cash provided by operating activities: $ 42 comma 000 net cash used for investing activities: $(26 comma 500) net cash provided by financing activities: $ 1 comma 700 the statement of cash flows will show
Answers: 2
question
Business, 22.06.2019 19:00
When making broccoli cream soup, the broccoli and aromatics should be a. burned. b. simmered. c. puréed. d. sweated.
Answers: 2
question
Business, 22.06.2019 19:20
Win goods inc. is a large multinational conglomerate. as a single business unit, the company's stock price is estimated to be $200. however, by adding the actual market stock prices of each of its individual business units, the stock price of the company as one unit would be $300. what is win goods experiencing in this scenario? a. diversification discount b. learning-curveeffects c. experience-curveeffects d. economies of scale
Answers: 1
question
Business, 23.06.2019 02:30
Drag the tiles to the correct boxes to complete the pairs. match the scenarios with terms related to financial aid. entrance counseling fafsa financial need megan is planning to pursue an undergraduate degree in chemistry. but since her father lost his job five years ago, the family had been unable to save up enough for megan's education. arrowright kunal recently learned that he is going to receive a student loan. now he needs to attend a session in which he will learn the how the loan process works, as well as his responsibilities as a borrower. arrowright josie created an fsa id and completed a long application form online. the form asked for a lot of financial details about josie and her family. arrowright
Answers: 1
You know the right answer?
Stephanie owns a small warehouse that is insured for $200,000 under a commercial property insurance...
Questions
question
Mathematics, 12.09.2021 14:00
question
Mathematics, 12.09.2021 14:00
question
Mathematics, 12.09.2021 14:00
question
Chemistry, 12.09.2021 14:00
question
Social Studies, 12.09.2021 14:00
question
Mathematics, 12.09.2021 14:00
question
Social Studies, 12.09.2021 14:00
Questions on the website: 13722360