kristen has an individual medical expense policy with a $1,000 calendar-year deductible, a $5,000 annual out-of-pocket limit, and 80-20 coinsurance. kristen was hospitalized for a surgical procedure in march, her first health care treatment received during the year. the total bill was $20,000. considering the deductible and coinsurance, how much of this amount must kristen pay?
Answers
Kristen has an individual medical expense policy with a $1,000 calendar-year deductible, a $5,000 annual out-of-pocket limit, and 80-20 coinsurance. The amount must Kristen pay is 4800.
An expense policy is a set of rules that define what a company's employees can do with their employer's money. It is often recorded in documents that employees must comply with when signing contracts.
Expense management refers to the systems used by organizations to process, pay, and review expenses incurred by employees. These costs include but are not limited to, travel and entertainment expenses.
The expense Reimbursement Policy ensures that employees are reimbursed for out-of-pocket payments. Having a clear expense policy streamlines the expense reimbursement process by saving employees time in claiming reimbursements.
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Related Questions
Scenario A
College graduates are moving back in with family in record numbers. They are waiting longer than previous generations to buy homes and start families. Data show downward trends in new home building, mortgage applications, and the birthrate. Multiple markets are complaining of falling demand. A national supplier of home goods permanently shut down. The media is calling babies born today part of the “baby bust generation.” Economists predict future school closings and labor shortages.
Would the Fed address the scenario with expansionary or contractionary policy? Explain.
What is a specific monetary action the Fed might use in this scenario? Identify the tool and how the Fed would use it. Explain how this would address the scenario.
What is a specific fiscal action that Congress might use in this scenario?
Answers
The Fed would address the scenario with an expansionary policy as this is the policy that stimulates demand.
The specific monetary action that the Fed can take in this scenario is decreasing the Fed Funds rate, to reduce interest rates on loans.
Congress can use the specific fiscal action by offering tax breaks to young people who buy houses.
How can demand be stimulated ?The Fed Funds rate is the rate that banks borrow from each other. If the Fed was able to decrease this rate, then it would lead to loan interest rates falling which would allow the young college graduates to be better able to buy homes and start families.
Congress for its part, can embark on the fiscal action of giving tax breaks to young college graduates who buy houses and start families. This would encourage them to buy houses knowing they will pay less taxes.
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What type of buying process do most customers engage in when shopping for a car?
A. performance risk decision making
B. extended problem-solving
C. perception-based problem-solving
D. habitual decision making
E. impulse buying
Answers
B. extended problem-solving type of buying process most customers engage in when shopping for a car.
Extensive issue-solving is the process of marking a purchasing choice when the buyer has no information or experience with the items, services, or suppliers. Lack of information extends to the brands for the goods and also the criterion that they set for separating the brands to be tiny or manageable subsets that help in the purchasing decision later in extended issue solving. When consumers discover a demand that is wholly new to them and needs significant effort to meet, they typically seek extended issue-solving.
A customer's decision-making process involves many levels of buying decisions, such as substantial problem solving, restricted problem solving, and routinized choosing behavior.
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A simple index of three stocks have opening values on day 1 and
day 8 as shown in the table below.
What is the rate of change of this simple index over one week?
Round your answer to the nearest tenth.
A. 2.0%
B. 1.2%
C. -1.2%
D. -2.0%
Answers
The rate of change of this simple index over one week is option D. -2.0% (to the nearest tenth)
How did we get the value?To calculate the rate of change of the simple index over one week, calculate the value of the index on day 1 and day 8.
On day 1, the value of the index is:
(4000*$3.15 + 5000*$4.30 + 6000*$4.60) / (4000 + 5000 + 6000) = $4.19
On day 8, the value of the index is:
(4000*$3.50 + 5000*$3.90 + 6000*$4.50) / (4000 + 5000 + 6000) = $4.11
The rate of change of the simple index over one week is:
($4.11 - $4.19) / $4.19 * 100% = -1.9% ≈ -2.0% (rounded to the nearest tenth)
Therefore, the answer is D. -2.0%.
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On December 1, 2021, Carlos entered into a lease on a building for use in his business for $1,000 per month. Under the lease terms, Carlos pays 18 months’ rent ($18,000) in advance on December 1. How much can Carlos deduct for rent in 2021?
a. $12,000
b. $18,000
c. $1,000
d. $13,000
Answers
The amount that Carlos can deduct for rent in the year 2021, based on his annual rent is c.$1,000.
Rent in 2021When recording rent, you can only record it for the period that the financial statement is for.
The rent given is for 18 months from December 2021 which means that it will be for only a single month in December.
The rent will therefore be a rental amount for a month:
= Rental amount / Number of months
= $18,000 / 18
= $1,000
In conclusion, option C is correct.
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Land labor capital on strawberries
Answers
Capital: The money that would be put into the strawberry and used to pay the workers
Labor: Workers that would Lantana and harvest the strawberries
1. Buyers, sellers, and producers all have someone else they are competing with for economic benefits. This is known as:
O competition
O monopoly
O collusid
O cartels
Answers
Answer:monopoly
Explanation:
Where do most banks get the text to explain their calculations of interest?
Answers
Answer:
Schumer box/Truth in Lending Act
Explanation:
a.
Singtel recently issued a graded investment bond. The bond has a $1,000 par value which will mature in 12 years’ time. It has a coupon interest rate of coupon of 11% and pays interest annually. As an investor, you are to determine the following:
i. Calculate the value of the bond if the required rate of return is 11 percent.
ii. Calculate the value of the bond if the required rate of return is 15 percent.
iii. Based on the above findings in part (i) and (ii) above, and discuss the relationship between
the coupon interest rate on a bond and the required return and the market value of the bond
relative to its par value.
iv. Identify two possible reasons that could cause the required return to differ from the coupon
interest rate.
Answers
i. To calculate the value of the bond when the required rate of return is 11 percent, we can use the formula for the present value of a bond.
The formula is:
Bond Value = (Coupon Payment / (1 + Required Rate of Return)) + (Coupon Payment / (1 + Required Rate of Return)^2) + ... + (Coupon Payment + Par Value) / (1 + Required Rate of Return)^n
In this case, the coupon payment is 11% of the par value, which is $1,000. The required rate of return is also 11 percent. The bond will mature in 12 years.
ii. Now, let's calculate the value of the bond when the required rate of return is 15 percent. We will use the same formula as before, but with a different required rate of return.
iii. Based on the findings from parts (i) and (ii) above, we can discuss the relationship between the coupon interest rate, the required return, and the market value of the bond relative to its par value.
When the required rate of return is equal to the coupon interest rate, the bond is said to be trading at par value. This means that the market value of the bond is equal to its par value.
When the required rate of return is lower than the coupon interest rate, the bond is said to be trading at a premium. This means that the market value of the bond is higher than its par value.
When the required rate of return is higher than the coupon interest rate, the bond is said to be trading at a discount. This means that the market value of the bond is lower than its par value.
iv. There are two possible reasons why the required return could differ from the coupon interest rate:
1. Risk: If investors perceive the bond to be riskier than other investments with similar characteristics, they may require a higher rate of return to compensate for the additional risk. This could lead to a higher required return than the coupon interest rate.
2. Market conditions: Changes in market conditions, such as changes in interest rates, can affect the required rate of return. If interest rates increase, the required rate of return on the bond may also increase, leading to a higher required return than the coupon interest rate.
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what is the future value of a $12,400 lump sum invested for seven years in an account paying 8 percent interest?
Answers
The future value of the $12,400 lump sum invested for seven years at 8% interest is $21,254.32.
Using the formula for future value of a lump sum:
FV = PV x (1 + r\()^n\)
Where:
PV = Present value of the lump sum (i.e., $12,400)
r = Interest rate per period (i.e., 8% per year)
n = Number of periods (i.e., 7 years)
Plugging in the values, we get:
FV = $12,400 x (1 + 0.08)^7
FV = $12,400 x 1.7138
FV = $21,254.32
Therefore, the future value of the $12,400 lump sum invested for seven years at 8% interest is $21,254.32.
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The Clayton Act makes it illegal for competitors to get together and set prices on the products or services they sell.
a. True
b. False
Answers
list the four factors of production
Answers
Answer:
Land, Labour,Capital and Entrepreneur
Explanation:
Land is a natural resource which can be used to create goods or service
Labour is the workdone by the peoplw in the workforce
Capital is the man-made goods that are used in the production of goods
Entrepreneurs are people who take risks in search of profit
Question 5 1 pts A knowledge problem exists when a. the information available to a decision—maker is not accurate and based on opinion, b. the information needed to make a good decision is not available to a decision-maker. c. a decision-maker refuses to believe or make use of available informalion. d. so much information is available to decision—makers that it is difficult to process all the relevant information.
Answers
A knowledge problem exists when the information available to a decision-maker is not accurate and is based on opinion.
What is decision-making?
Decision-making is the policy of someone who faces a problem and tries to take advantage of the problem.
So that it does not continue to have an impact on unfavorable results. Whether a decision is good or not depends on the quality of the decision, perception, knowledge, and experience of the person.
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Which of the following best helps a company move toward achieving its
vision and mission?
A. Goals and objectives
B. Competitors and stakeholders
C. Activist investors
D. Corporate social responsibility
Answers
Answer:
A. Goals and objectives
Explanation:
Setting Goals and objectives sets you in a position to succeed. Doing this makes you organized and ready to face any challenges that you might face in order to achieve thos goals.
When customers look beyond their personal knowledge and experience to help them in buying something, they are engaging in: o ritual consumption o external information search. o cognitive dissonance o business-to-business marketing o self-actalization
Answers
when the consumers want to buy something but don't have any knowledge regarding the product, they opt for different external sources. the different sources like advertisements, internet search, etc., helps to provide the consumer with relevant information to make a purchase. this is known as external information search.
External information search refers to the process of seeking out information from sources outside of oneself to make informed purchasing decisions.
When customers look beyond their personal knowledge and experience to help them in buying something, they are engaging in external information search. This refers to the process of seeking out information from sources outside of oneself to gather relevant knowledge and make informed purchasing decisions.
For example, a customer might read product reviews, compare prices, or ask friends for recommendations before making a purchase.
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The tool that lists ages, names, education, capabilities, training, specialized skills, and other relevant information about an organization's employees is called a?
Answers
The tool that lists ages, names, education, capabilities, training, specialized skills, and other relevant information about an organization's employees is called a Human resource inventory.
Human Resource Inventory is also known as the skills inventory which comprehensively lists down the basic information on all the employees working in an organization or a company.
This inventory has information on education, skills, experience, age, salary-related data, job preference, and special achievements of employees.
The information contained in the human resource inventory should also be used by recruiters to consider the individual for other job openings that might come up in the future.
Hence, the human resource inventory contains information of working employees.
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Which are affected by the factors of production? Check all that apply.
A.) the demand of the item
B.) the availability of the item
C.) the cost of the item
D,) the quality of the item
E.) the popularity of the item
Answers
Answer:
A
C
D
Explanation:
without demand no reason to product it
The cost of a item also greatly affects it
and how well they can make it without being too expensive
bonds are sold at face value when the contract rate is equal to the market rate of interest.
Answers
The statement is true: Bonds are sold at face value when the contract rate is equal to the market rate of interest.
What is a bond?Bonds are often sold at face value in a situation where the contract rate is the same as the market rate of interest.
For a bonds to be sold at a discount it means that face value of the bond is equal to the book value of the bonds minus discount unamortized.
Or when the bonds rate of interest or coupon rate is lower than the bonds market rate the bond sell at discount because the bonds is sold out below the face value.
Inconclusion bonds are sold at face value when the contract rate is equal to the market rate of interest.
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an economy’s potential output is equal to $2.40 trillion, and its current output is equal to $2.42 trillion. if the marginal propensity to consume has a value of 0.4, then the government should decrease spending by ________ billion to return the economy to the long-run equilibrium.
Answers
Based on the current economic output and the potential output, the government should decrease spending by $12 billion.
First find the difference between the potential output and the current output:
= 2.42 - 2.40
= $0.02 trillion
= $20 billion
Then find the expenditure multiplier:
= 1 / ( 1 - Marginal propensity to consume)
= 1 / ( 1 - 0.4)
= 1.67
The government should reduce spending by:
= Difference between potential and current / Multiplier
= 20 / 1.67
= $12 billion
In conclusion, the government should reduce spending by $12 billion.
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fidelity systems reports net income of $81 million. included in that number is depreciation expense of $10 million, and a gain on the sale of equipment of $2 million. records reveal increases in accounts receivable, inventory, and accounts payable of $4 million, $2 million, and $2 million, respectively. calculate fidelity's net cash flows from operating activities using the indirect method. (negative value should be indicated by minus sign. enter your answer in millions.)
Answers
$85 million
The indirect method of calculating net cash flows from operating activities is as follows:
Cash flow from operating activities
Net income - $81million
Add: Depreciation Expenses - $10million
Less: Gain on sale of equipment - $2million
Less: Increase in account receivable - $4million
Less: Increase in inventory - $2million
Add : Increase in account payable - $2million
Net cash flows from operating activities - $85million.
What you mean net cash flow?
Net cash flow refers to either the gain or loss of funds (after all debt has been paid off) over a period of time. A company is said to have positive cash flow if it has excess cash after paying all operating expenses.
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explain why modern economics are becoming increasingly global
Answers
In their contract, Jordan (the homeowner) and Mel (the contractor) have stipulated that Mel will build Jordan a room addition with brick exterior for $40,000. Instead of using brick, however, Mel uses vinyl siding. This is an example of a(n) _____ breach of contract
Answers
The provided example is the material breach of contract as the contractor has broken the condition of using the brick exterior while building an additional room for the owner.
What is the meaning of a breach of contract?Breach of contract occurs when one party does not fulfill the required conditions of a contract. It is a kind of civil wrong done by the accused party.
A material breach of contract arises when a party or owner of the property gets the least benefit or a varied result that is not as per the specifications of the contract. In the provided situation, the utilization of vinyl siding instead of the brick exterior shows that it has broken the required condition as specified by the owner in the contract which results in a material breach of the contract.
Therefore, the given situation represents the case of the material of the contract.
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Select all that apply.
Common skills assessments administered during the employment interview process include:
none of the above
science
keyboarding
math
Answers
Answer:
Keyboarding and Math :)
Explanation:
Good morning/afternoon! How are y'all this morning? Did you eat? drink water? Stay healthy? If you haven't please do! Please take care of yourself! :) Also it might be a nice day for a walk! maybe go outside and get some fresh air! :) bye now!
Answers
Answer:
It's night already, Sweet dreams to you.,bye!
What is the purpose of the 1040 series of tax forms?
To file an extension for submitting your individual tax returns
To file individual tax returns To file corporate tax returns
To declare that you owe nothing in taxes
Answers
Answer:
To file individual tax returns
Explanation:
The IRS 1040 form is a formal document from the IRS that individual taxpayers in the US use to file tax returns. It is a form for filing personal tax returns by US residents. Form 1040 assist an individual in calculating the amount of taxable income. It helps determine the tax amount due or amount of refund to claim from the IRS.
An existing short margin account shows the following: Credit Balance: $16,000 Short Market Value: $10,000 Equity: $6,000 SMA: $1,000 If the market value declines to $6,000, the new SMA balance will be: A 0 B $2,000 C $7,000 D $8,000
Answers
The new SMA balance will be $2,000. To calculate the new SMA balance, we need to first calculate the new equity. Since the short market value has declined to $6,000, the equity is now:
$16,000 (credit balance) - $6,000 (short market value) = $10,000
Next, we need to subtract the Reg T requirement from the new equity to find the new SMA:
$10,000 (equity) x 0.50 (Reg T requirement) - $10,000 (short market value) = $2,000
Therefore, the new SMA balance will be $2,000.
If the market value declines to $6,000, the new SMA balance will be:
To calculate the new SMA balance, follow these steps:
1. Determine the change in Short Market Value: $10,000 (original) - $6,000 (new) = $4,000.
2. Add the change in Short Market Value to the existing SMA: $1,000 (existing SMA) + $4,000 (change in Short Market Value) = $5,000.
3. Calculate the new SMA balance: $5,000.
However, none of the options A, B, C, or D match the calculated value. Please double-check the question and options provided to ensure accuracy.
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Explain the hipp of the primary sources below source: letter written by john rolfe
Answers
The correct answer to this open question is the following.
Explain the HIPP of the primary sources below source: "letter written by John Rolfe."
"H" stands for Historical context. John Rolf was an important component in the foundation and success of the Jamestown, Virginia colony, in the North American territory. In the letter, he explains the Governor of the colony, Thomas Dale, his reasons to marry Pocahontas, a Native American Indian woman.
"I" stands for the Intended audience. The Governor of Jamestown, Virginia colony, Thomas Dale. The intention of John Rolfe was to clearly explain his motives, trying to maintain his intact reputation before the people of Jamestown.
"P" stands for Purpose. Rolfe wanted the approval of the Governor, knowing that in those years, Native American Indians were considered savages that first needed to be converted to the Christian religion to be accepted in the colonial society.
"P" stands for Point of view. In this part, we have to understand the point the author is trying to convey. In this case, John Rolfe, an English man, and an important figure that brought the toc¿bacco seed from the Caribbean Islands to grow tobacco crops in Jamestown and made tobacco the king of crops in Virginia wanted to justify his actions but not wanted to compromise his position before the Jamestown society.
how can working with management information system (mis) affect work-life balance?
Answers
Working with a Management Information System (MIS) can both positively and negatively affect work-life balance.
The impact of working with an MIS on work-life balance can vary depending on how the system is implemented and utilized. On one hand, an effective MIS can enhance work-life balance by streamlining processes, improving efficiency, and reducing the need for excessive manual work. It can automate routine tasks, provide quick access to information, and enable flexible work arrangements such as remote work or telecommuting. This can allow employees to have more control over their time, resulting in a better work-life balance.
On the other hand, there are potential negative effects of working with an MIS on work-life balance. The continuous availability and accessibility of information through an MIS can create expectations of constant connectivity and responsiveness. Employees may feel compelled to be constantly available, which can blur the boundaries between work and personal life.
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what is a cash book used for?
Answers
Answer:
to keep track of all business transactions in case of an audit
Part A Include an equals approach in each the CreditCard and DebitCard lessons to examine gadgets.
Part B - Wallet magnificence Write a category referred to as Wallet to save statistics approximately the present day country of a pockets. A pockets has special cubicles for the greenback payments, free alternate, credit score / debit playing cards and ID playing cards.
Data Members have to include: • Amount of coins - preserve song of fee of greenback payments and fee of alternate separately. • Array of ChargeCards – it may include each CreditCards and DebitCards. • Array of ID playing cards – this will be definitely an array of Strings. It’s as much as you the way to save this statistics.
Methods have to include: • at the least constructors • accessor, mutator methods • TotalCashOnHand - overall fee of greenback payments and alternate • TotalCanSpend - consists of each coins and quantity that may be spent on credit score / debit playing cards. • a technique that tells you what number of ID Cards are withinside the pockets • a technique that tells you what number of credit score / debit playing cards are withinside the pockets • a technique that helps you to upload a credit score / debit card to the set • a technique to append an ID card to the set • toString approach - have to delegate to CreditCard magnificence to print statistics approximately every credit score card and DebitCard magnificence to print statistics approximately every debit card.
Remember to preserve the layout paradigms of records hiding and encapsulation in thoughts as a whole lot as feasible. Delegate responsibilities to the factor lessons (of ChargeCard, DebitCard, CreditCard) every time you can.
Perform enter validation as appropriate.
Part C - Menu Driven Program Write a menu-pushed application that lets in the person to have interaction with a unmarried Wallet object.
1. Print all statistics approximately Wallet. [This should call the toString method of the Wallet class.]
2. Add a Credit Card. [Prompt the user for information about the Credit Card]
3. Add a Debit Card. [Prompt the user for information about the Debit Card.]
4. Add an ID Card. [Prompt the user for information about the ID card.]
5. Add Cash. [Prompt the user for the value of additional coins or dollar bills.]
6. Make a purchase. [Should ask for purchase amount. Then let the user choose whether to pay with cash or charge card. If cash, make sure there is sufficient cash in the wallet to cover the purchase, and then deduct accordingly. If charge card, there should be a submenu in which the user chooses a card from the list to use. Then the system should check that the card can be used for that purchase, i.e., that there are sufficient funds available on that card, and actually process the purchase on the selected ChargeCard.]
Part D Use an ArrayList to save the units of ChargeCards and ID playing cards withinside the Wallet. Incorporate those adjustments to your menu-pushed application in order that the person can save an infinite wide variety of playing cards withinside the Wallet.
Part E The debit and credit score playing cards have to put into effect the Comparable interface. This manner the listing of playing cards may be looked after earlier than they're exhibited to the person. You can use the Collections.type approach to type an ArrayList.
It is as much as you to determine how the gadgets have to be compared. The fields that appear significant for ordering gadgets are ID wide variety and present day balance. It is as much as you to determine whether or not the interface have to be applied withinside the ChargeCard magnificence or in every of the subclasses.
Extra credit score: 1. Add extra capability in your primary application in order that the person can get rid of an ID card or debit / credit score card from the Wallet. Let the person choose the cardboard he would really like to get rid of. This is feasible given that they're saved in ArrayLists and an ArrayList can develop and reduce as necessary.
2. Design a GiftCard magnificence that still extends ChargeCard and combine it withinside the Wallet magnificence. Gift playing cards come preloaded with a selected sum of money and the person can by no means spend greater than that predetermined quantity.
Answers
The task requires implementing classes and methods related to a wallet, including storing information about cash, credit/debit cards, and ID cards.
To complete the task, you need to implement several classes, including Wallet, Credit Card, Debit Card, and ID Card. The Wallet class will have data members such as the amount of cash, arrays of Charge Cards and ID cards, and methods for calculating total cash on hand, total spendable amount, and adding cards. The menu-driven program will allow users to interact with a Wallet object by selecting various options. The program should display wallet information, add credit/debit cards, add ID cards, add cash, and make purchases. Additional functionality, such as removing cards and implementing a Gift Card class, can be implemented for extra credit.
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did the chicken actually cross the road and get to the other side?
Answers
Answer:
yes
Explanation:the chiken just wanted to
Yes and no.
I think it's time to explain the actual joke. The joke is actually a death joke. The "other side" is implying heaven.
Why did the chicken cross the road? To get to the other side.
The chicken crosses the road, gets hit by a car/truck, and goes to heaven, being referred as "The other side"