Stephanie owns a small warehouse that is insured for $200,000 under a commercial property insurance policy. the policy contains an 80 percent coinsurance clause. the warehouse sustained a $50,000 loss because of a fire in a storage area. the replacement cost of the warehouse at the time of loss is $500,000.

a. what is the insurer's liability, if any, for this loss? show your calculations.
b. assume that stephanie carried $500,000 of property insurance on the warehouse at the time of loss. if the amount of loss is $10,000, how much will she collect?
c. explain the rationale of coinsurance in a property insurance contract.

Fanning books buys books and magazines directly from publishers and distributes them to grocery stores. the wholesaler expects to purchase the following inventory: april may june required purchases (on account) $ 111,000 $ 131,000 $ 143,000 fanning books accountant prepared the following schedule of cash payments for inventory purchases. fanning books suppliers require that 85 percent of purchases on account be paid in the month of purchase; the remaining 15 percent are paid in the month following the month of purchase. required complete the schedule of cash payments for inventory purchases by filling in the missing amounts. determine the amount of accounts payable the company will report on its pro forma balance sheet at the end of the second quarter.

How does having a flexible mind you become a better employee? a. it you become more honest toward work. b. it you become a team player. c. it you learn new things that will better your performance. d. it you to finish your work on time. e. it you reach work on time

Managers at flavors, a restaurant chain, train their employees such that in the absence of employees, someone trained in the same skills can step in and do the job equally well. thus, many modules in training are extensive as they provide employees with details of the skill sets required for different jobs. in practice, this lengthy training program does the company as a well-trained and flexible workforce is at their disposal at all times. the managers at flavors use a) job rotationb) vertical enhancementc) telecommutingd) job sharinge) flextime