Question: Hi there, I need a help for the question down below A fire policy in effect between 20.4.2017-2018. Sum insured for the building 100.000, material

Hi there, I need a help for the question down below

A fire policy in effect between 20.4.2017-2018.

Sum insured for the building 100.000, material 120.000, machinery 80.000.

Rate for fire in building is %0,40, in material and machinery is %0,80 and

Rate for flood in building is %0,80 and in material and machinery is %1,20.

calculate the gross premium for %20 coinsurance.

What is the gross premium?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

Week Sales 1 5764.0900 2 5908.5400 3 5678.4900 4 5888.2100 5 5768.3700 6 5885.0000 7 5652.8100 8 5540.4600 9 5171.3100 10 5363.9100 11 5392.8000 12 5799.4000 13 5471.9800 14 5431.3200 15 5274.0300 16...

Q:

Do question 4 for JAN 2013 and question 3 and 4 for July 2012.This module is income tax for singapore.Do it in microsoft word. ACC213 Examination - January Semester 2013 Introduction to Income Tax...

Q:

Helen Caldicott raises a family and then begins a career as a caterer. As her business grows, she hires several employees and rents space near downtown that has a retail space, parking, and a garage...

Q:

I need help for those question . E4.16 E18.4 E19.7 P22.4 E23.4 E18.10 E22.10 CHAPTER 4 EXERCISES: SET B E4-1B The trial balance columns of the worksheet for Lamar Company at June 30, 2017, are as...

Q:

Locate and review a copy of the budget accompanying your selected CAFR. Prepare a 700- to 1,050-word overview of the government that filed your selected CAFR. Include the following information in...

Q:

Write a 250-300 word section on governmental structure and size of budget and it interrelationship with the CAFR from the attached Middleton CT CAFR sheet. Comprehensive Annual Financial Report City...

Q:

Review the Comprehensive annual financial report (CAFR) you obtained. 4. Were any of the government's enterprise funds "profitable" during the year? If so for what has the government done with the...

Q:

GARY AND JUDY PARKER PERSONAL INFORMATION AND BACKGROUND Gary and Judy Parker live in Missouri and have been married for 19 years. They have two children, John and Julie, ages 17 and 15,...

Q:

Hoyt, Inc. has estimated current year sales (in millions) for the next four quarters. Q1 $240Q2 $250 Q3 $205 Q4 $350 ? Sales for the 1st quarter next year are projected to be $230.? Accounts...

Q:

Howard county Meryland Comprehensive Annual Financial Report for the Fiscal Year Ended June 30, 2012 1-Does the government have revenue bonds outstanding that are related to business-type activities?...

Q:

What type of tenancy is being created by this contract? And how is this type of tenancy different than the other types of tenancies that can be created? The month is October, and the year is 2019....

Q:

An ice cube measures 3.50 cm on each edge and weighs 39.45 g. a. Calculate the density of ice. b. Calculate the mass of 400.4 mL of water in an ice cube.

Q:

Does an ethanol additive in gasoline cause reduced mileage? If you were to design the experiment, how would you choose the treatment and control groups? Should the experiment be single-blind,...

Q:

def merge ( arr , start, mid, end ) : start 2 = mid + 1 if arr [ mid ]

Q:

Suggest reasons why audiometry testing has been recommended for workers in the tableting department at Nutripex. (b) (i) Discuss what the information in supporting document 5 shows. (ii) Using the...

Q:

Visit a business in your community and ask how the business uses recommendation letters when hiring new employees. Are there specific qualities, positive or negative, that the business uses to select...

Q:

Are the objectives the same for all three stages of collection messages? Explain your answer. (Objective 5)

Q:

Rewrite the following opening sentences of persuasive messages to attract the receivers attention. You may use any appropriate attention-getting technique identified in the chapter to make these...