Answer:
C - larger; smaller
Explanation:
Marginal effects usually determine the change in a dependent variable (overall medical spending) based on a change in another variable that affects the dependent one (Spending on preventative care), all things remaining the same. If spending on preventative care is high, the overall medical bill should be low, assuming treatment costs, labor costs of health workers and all other factors are constant. If preventative care spending is low, the overall medical spending will be high.
The marginal effects of overall medical spending on health status is larger in the US. The marginal effects of preventative care spending on health is likely smaller than for overall spending.
Answer:
Correct answer is letter B, $2,200
Explanation:
Using accrual basis method, revenue and expenses will be recognized when incurred.
The $4,800 is a 24 months policy, therefore we must compute the insurance expense applicable for the year covering from February 1 to December 31 (11 months)
An adjusting entry to recognize the expire portion of the insurance must be done at the year end in the amount of $2,200.
($4,800 / 24 months = $200 x 11 months = $2,200)
Some of the changes that may pose a great opportunity for business are: (1) change in the demands of the consumers (it may be in style, taste, etc) (2) rapid technology, (3) global banking opportunities, and lastly (4) government enhancing ties with the private owners of different business units.
Answer:
a. Common stock acquired by the company in the open market & recorded as negative equity
Explanation:
A stock which is buy back from the market at market rate issued by the company. It reduces the total outstanding shares of the company. It is the difference of Number of share issued and Number of share outstanding. Its account is consider as contra equity account. So the correct option is a. Common stock acquired by the company in the open market & recorded as negative equity.
