The Fabric House has sales of $11,800, total equity of $237,400, and a debt-equity ratio of .55. What is the capital intensity ratio?

a. .89
b. .83
c. 1.06
d. 1.20
e. 1.27

Ans: a. .89

Business

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What amount of property insurance coverage is needed to equal 80% of the property value of a home valued at $332,000?

A) $265,600 B) $66,400 C) $26,560 D) $6,640

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