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blagie [28]
2 years ago
13

Barry has a medical plan with a $1,200 deductible, 20% coinsurance, and a $5,000 coinsurance cap. His allowable medical expenses

during the past year are $18,000. How much of this amount will he have to pay out of pocket
Business
1 answer:
Trava [24]2 years ago
4 0

Based on his deductible and coinsurance cap, the amount that Barry will pay is <u>$4,560.</u>

<h3>Amount Barry will pay </h3>

Barry will have to pay the entire deductible of $1,200. The expenses that are left will then be shared between him and the insurer in a 20% - 80% ratio but he will not pay more than $5,000.

Total he will pay out of pocket is therefore:

= Deductible + ( 20% x (Medical expenses - deductible))

Solving gives:

= 1,200 + ( 20% x (18,000 - 1,200))

= $4,560

In conclusion, he will pay $4,560.

Find out more on insurance payments at brainly.com/question/25973180.

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adelina 88 [10]

Answer:

$5

Explanation:

Given that,

Asset turnover ratio = 0.5 times

Net profit margin = 10 percent

Average total assets = $100

Asset turnover ratio = sales ÷ Total asset

0.5 = sales ÷ $100

sales = $50

Profit margin = Net income ÷ sales

0.10 = Net income ÷ $50

Net income = $5

Therefore, the net income of GoodTimes, Inc. is $5.

6 0
3 years ago
QUESTION THREE.
lapo4ka [179]

Answer:

We can first order the data from smallest value to largest value:

461

549

745

1500

1800

2000

3750

4795

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a) The mean is 9289, and the median is 1800

b) The data does have an outlier, which is 68000, because it is more that three standards deviations away from the mean, excluding this value, our new mean is 1950 and our new median is 1650. We can see that the greatest change in value was for the mean.

c) the median is more appropriate because the median is less sensitive to outliers. The mean can be easily swayed by outliers in either way, and this can give an erroneous impression of the data.

8 0
3 years ago
What is the name for the practice whereby a married woman loses all of her political and economic rights to her husband?.
Nadya [2.5K]

<u>Coverture</u> is the name for the practice whereby a married woman loses all of her political and economic rights to her husband. Hence, the correct answer is coverture. Read below about coverture.

<h3>What is coverture?</h3>

Coverture was a legal doctrine in the English common law in which a married woman's legal existence was considered to be merged with that of her husband, so that she had no independent legal existence of her own.

Therefore, the correct answer is as given above

learn more about coverture: brainly.com/question/7413269

#SPJ1

5 0
1 year ago
The primary goal of social business is to deepen interactions with employees and customers. True False
ivanzaharov [21]

Answer:

True

Explanation:

  • As in order to spread the interaction and to diversify the market, the primary goals s to deepen the social interaction among the members of the thereby interaction with the employees and the customers and hence this will lead to the increase in the profits.
6 0
3 years ago
3F − is bigger than F because
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Answer:

IN 3F THERE WOULD BE MORE ELECTRONIC REPULSIONS AS COMPARED TO SIMPLE F.THE ELECTRONS WOULD TEND TO MOVE APART THUS CREATING THE SIZE OF 3F BIGGER AS COMPARED TO THAT OF THE SIMPLE F MOLECULE.

Explanation:

4 0
3 years ago
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