Shelly and Chris Have a Homeowner's Policy with $120,000 Coverage,a

question 48

Multiple Choice

Shelly and Chris have a homeowner's policy with $120,000 coverage,a $1,000 deductible,and required coverage of 80 percent of the replacement cost.Their home recently suffered extensive fire damage in the amount of $92,000.Assuming the replacement value of the home was $160,000,how much will the insurance company pay on this loss?

• A)$73,600
• B)$85,312
• C)$86,250
• D)$92,000

Understand and interpret vital signs and physical assessment findings in adult patients.

Apply knowledge of nursing assessments to identify normal and abnormal findings.

Recognize the importance and implications of specific physical examination techniques.

Accurately document physical examination findings.

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Definitions:

Variable Costs

Expenses that change in direct proportion to the amount of goods or services produced, including costs for labor and materials.

Net Cash Inflow

The difference between a company's cash inflows and outflows over a specific period, indicating net cash earned.

Net Cash Outflow

The result when the cash outgoings (expenses, payments) of a business exceed the incoming cash flow over a specific period of time.

Project

A temporary endeavor with a defined beginning and end, undertaken to meet unique goals and objectives, typically to bring about beneficial change or added value.