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masya89 [10]
2 years ago
13

The main purpose of insurance policies that are protected by COBRA is to:

Business
1 answer:
irinina [24]2 years ago
7 0

Insurance policies that are covered by COBRA are done to D. extend insurance coverage if a worker loses their job.

<h3>What is the purpose of COBRA?</h3>

The Consolidated Omnibus Budget Reconciliation Act (COBRA) protects workers in the event that they lose their jobs for certain reasons.

This protection comes in the form of the worker and their families being able to access the health insurance benefits they had while the worker was working. This access will eventually lapse however.

Find out more on COBRA at brainly.com/question/6294682.

You might be interested in
Lorenzo Company uses a job order costing system that charges overhead to jobs on the basis of direct materials cost. At year-end
Helen [10]

Answer:

See below

Explanation:

Required 1

Overhead rate

= Overhead costs ÷ Direct material cost

= [$612,000 ÷ $1,800,000] × 100

= 34%

Required 2

Total cost of job in process

$90,000

Less: Materials cost of job in process

($27,000)

Less: Overhead applied (34% × $27,000)

($9,180)

Direct labor cost

$53,820

8 0
3 years ago
Rowe Furniture Corporation is a Virginia-based manufacturer of furniture. In a recent quarter, it reported the following activit
Zina [86]

Answer:

$5,857; $1,105

Explanation:

Cash flows from investing activities:

= Proceeds from sale of property and equipment + Sale of investments - Purchase of property, plant, and equipment

= $6,594 + $134 - $871

= $5,857

Therefore, the net cash provided by the investing activities is $5,857.

Cash flows from Financing activities:

= Borrowings under line of credit (bank) + Proceeds from issuance of stock - Payments to reduce long-term debt - Dividends paid

= $1,417 + $11 - $46 - $277

= $1,105

Therefore, the net cash provided by the investing activities is $1,105.

6 0
3 years ago
Rick has been distressed over a long period of time. He has had problems coping with life and relating to people. In addition, h
Andre45 [30]

Answer:

personal distress, maladaptive behaviour, and deviance

Explanation:

Rick meets all the criteria's of abnormality which includes deviance, personal distress and maladaptive behaviour. He has problems while communicating with people and to maintain healthy relationships which are signs of personal distress. Deviance is also a problem which occurred because of certain group of people who made fun of his appearance. He certainly meets many criteria of abnormality.

5 0
3 years ago
Eastline Corporation had 11,000 shares of $10 par value common stock outstanding when the board of directors declared a stock di
andrey2020 [161]

Answer:

e. Debit Retained earning $49,280 Credit Common stock dividend distributable $35,200

Credit Paid in capital in excess of par value(Common stock) $14,080

Explanation:

The journal entry is as follows:

Retained earnings (3,520 shares × $14)

Dr $49,280

_______ Common stock dividend distributable (3,520 shares × $10)

Cr $35,200

_______ Paid in capital in excess of par value ($49,280 - $35,200)

Cr $14,080

3 0
3 years ago
Colin told the management team that their Ohio-based company should produce the textiles for the new line of jackets in China be
ELEN [110]

Answer:

Free trade.

Explanation:

This theoretical policy can be explained to be certain laws under which the government is seen to impose absolutely no tariffs, taxes, or duties on imports, or quotas on exports. Therefore, it is directly seen to be the opposite of protectionism, a defensive trade policy intended to eliminate the possibility of foreign competition. It is seen in terms of unrestricted measures in importation and also exportation of goods in and out of a country.

In the world of our own, which is of the recent times, this policy implementation is done by means of a formal and mutual agreement of the nations which are seen to be involved. Also this policy in some cases may simply be the absence of any trade restrictions.

7 0
3 years ago
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