Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. find the amount to be paid by the insurance compan

Find the amount to be paid by the insurance company. Assume the policy includes an...

50.1K

Verified Solution

Question

Accounting

Find the amount to be paid by the insurance company. Assume the policy includes an 80% coinsurance clause. Round to
the nearest dollar.
Replacement Cost of Building: $340,000
Face Value of Policy: $306,000
Amount of Loss: $2,500

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Given the reactivity difference for the 4- position versus the 1-position, do you think that the...

Chemistry
Q

What has been your experience with friends’ influence? Has it ever led you to do something you...

Psychology
Q

Pricing Strategy for Starbucks • Describe pricing of product or service for Starbucks • Strategies used for...

General Management
Q

130 A block of mass M is allowed to slide down a fixed smooth inclined...

Physics
Q

Select the statement used to prove that KL MN K N 24 Show your work...

Geometry
Q

angles with the following sides are right angled triangles a 9cm 40 cm 41 cm...

Geometry
Q

18 The data below represents the speeds of 10 cars picked up on a police...

Algebra
Q

If you need to buy FC today in order to use the FC to pay...

Accounting
Q

Joyce Murphy runs a courier service in downtown Seattle She charges clients $0.40 per mile...

Accounting
Q

Which of the following items is not deductible as a medical expense on Schedule A?...

Accounting
Q

Activity-Based Costing and Product Cost Distortion Handbrain Inc. is considering a change to activity-based product...

Accounting
Q

Una empresa olvid registrar cuatro ajustes durante 2015. Cul de las siguientes omisiones de ajustes...

Accounting