Riverside Roller Skating had property valued at $435,000 and insured for $225,000. The fire insurance policy contained an 80% coinsurance clause. What was the coverage ratio? (Round to the nearest tenth of a percent)

What will be an ideal response?


64.7%

Business

You might also like to view...

Which performance plan is most tied to company objectives?

a. profit sharing b. pensions c. piece rate d. merit pay

Business

The IRS files criminal charges against Rich for evasion of federal taxes. Rich's accountant, Sonya, is summoned to appear in court to testify against Rich. The state where the incident occurred recognizes an accountant-client privilege. Does Sonya have to testify in federal court against her client?

a. Yes. b. Yes, but only if she is granted immunity by her state. c. No, the federal court must recognize her state's accountant-client privilege. d. No, the federal accountant-client privilege will protect her from testifying.

Business

Which statement about critical chain methodology is BEST?

A) Activity durations estimated at a 50% level of successful completion are shorter than those estimated at a 90% level of successful completion. B) Aggregated activity durations at a 90% level of successful completion are shorter than aggregated activity durations at a 50% level of successful completion. C) The total safety buffer for aggregated activity durations is smaller than the sum of safety buffers for individual activity durations at any likely level estimate. D) None of these statements is correct.

Business

The larger the room, the more a trainer's gestures and movements must be exaggerated to get the audience's attention.

Answer the following statement true (T) or false (F)

Business