Question: please help ASAP!! For numbers 26 to 28 , consider the following scenario: with loss amount of $200.000 each. In addition, they spent $300.000 in

please help ASAP!! please help ASAP!! For numbers 26 to 28 ,

For numbers 26 to 28 , consider the following scenario: with loss amount of $200.000 each. In addition, they spent $300.000 in operatint expentes and $200.000 in enplovest sazer. They have also made $300.000 investment income. Determine the companys combined ratio. 107. o. 11. 14 Determine the company's operating ratio. 04. 0.8. 1.1 1.4. Is the company profitable? Why or why not? Yes, because their combined ratio is less than 1. Yes, because their operating ratio is less than 1. No, because their combined ratio is greater than 1. No, because their operating ratio is greater than 1

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