Incurred underwriting expenses.................................... $35,000,000
Incurred losses and loss adjustment expenses .............. $93,000,000
Loss and loss adjustment expense reserves ................. $100,000,000
Unearned premium reserves ......................................... $70,000,000
Written premium ......................................................... $140,000,000
Earned premium .......................................................... $130,000,000
Investment income ratio ............................................................... 4%
What is the operating ratio?
Capacity ratio?