Refer to the following information for this question: Annual Data Thousands of Dollars Premiums earned...
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Refer to the following information for this question: Annual Data Thousands of Dollars Premiums earned $ 25,000 Losses incurred $ 18,000 Expenses/commissions $ 7,500 Dividends paid to policyholders 750 Investment income on premiums $ 1,600 Which of the following is true? The operating ratio is 98.6%. This indicates that the line is not profitable after including investment income on premiums. The operating ratio is 98.6%. This indicates that the line is profitable after including investment income on premiums. The operating ratio is 94.6%. This indicates that the line is not profitable after including investment income on premiums. The operating ratio is 94.6%. This indicates that the line is profitable after including investment income on premiums. None of the above
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