The Dairy Barn has an 80% property coinsurance policy on their building, valued at $60,000. The store suffers $22,000 in fire damage. The owners have insuranced the store for $40,000. How much will the insurance company pay?
$18,260; $60,000 × 0.80 = $48,000; $40,000 ÷ $48,000
Business
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Money management refers to day-to-day financial activities necessary to manage personal economic resources.
a. true b. false
Business
You know you have an extreme job when you work
A) 80 hours per week, travel heavily, and face tight deadlines. B) 30 hours per week from your home and receive high pay. C) only from midnight until 8 a.m. D) during certain seasons, such as the tax season.
Business