7Calculate the Amount to be paid (in) byInsurance Company for the Claim, Rond Your answertotheNearest Cinteplcement Uake ofFace of valueCoinsuranceBuilding - $360,000 Policy $300,000 Claus 1. 90Amount of loss Amont of Loss$145,000Insurance CompanyPay?↑will

Name: 7Calculate the Amount to be paid (in) byInsurance Company for the Cla
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Description: 7Calculate the Amount to be paid (in) byInsurance Company for the Claim, Rond Your answertotheNearest Cinteplcement Uake ofFace of valueCoinsuranceBuilding - $360,000 Policy $300,000 Claus 1. 90Amount of loss Amont of Loss$145,000Insurance CompanyPa

Given that policy value or insurance covered= $300,000 Amount of loss = $145,000 Replacement value…

Answered: epleement Value of Face of value…

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epleement Value of Face of value Coinsurance Building - $360,000 Polity 11 300,000 | Claus /. 90 Amount of loss Amont of Loss Insurance Company $145,000 will pay?

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter9: Metric-analysis Of Financial Statements

Section: Chapter Questions

Problem 3SEQ

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ote: Total Aet-Cuat linbiwbe Accumulated fundo tthistoation: The recepts and gagmetsalleunte of Liar c for the you Balane If Sub saptindn knded 2lst Delamt 1999 Wee ce Inserrance Rate l,000 ting 3,650 L, 700 600 Glavenalerpanes 6itor Reut fnnitume Sought lana /d 27,250 Sonatins 8,500 8,150 7,80 2,St0 27250 The fillowing nformetim Rates were 3600 2,F00 popaid Geneal Raputes prepaid Doo Raut Buing Subsaptim in Qureas 100 75 Foo 600 The foced assets funituns Cnd fifting Premies bepreciate thu Asets as at Ist jan 999 were; at1,500 A5,00 by o pepare; Youre veequired to Statemat of affats - m Come and"copenditwe allounts 2 Balane sheetas at 3lst Delember 1999,
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