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OlgaM077 [116]
2 years ago
8

ohn, 68, is currently enrolled in a Medicare Supplement Plan with a stand-alone Prescription Drug Plan. Newly diagnosed with a c

hronic condition, he calls agent Charles on May 3 to ask if there are plans that will help him manage his condition. Can John enroll in a Chronic Special Needs Plan (C-SNP) that covers his chronic condition
Business
1 answer:
Liono4ka [1.6K]2 years ago
7 0

Yes John would be able to register by making use of the special election period.

<h3>What is the special election period?</h3>

The special election period is also sometimes referred to as the special enrollment period in the United States.

This is the period that the beneficiaries of Medicare are able to make changes to their advantage or to their coverages in the nation.

This has to be done outside of what is their initial enrollment period . This is a yearly open period where the citizens are able to sign up for Medicare in the nation.

Read more on Medicare here:

brainly.com/question/1960701

#SPJ1

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How do developed countries maintain an advantage over
maks197457 [2]
  • Developed countries work on their industrialization more than developing countries by maintaining their industries up to date by introducing all recent techniques that help in growth.
  • They work on their ca-pita and GDP more as compared to developing countries.
  • Increase their literacy rate.
  • Make their infrastructure more and more powerful and up to date.
  • Develop more revenue by introducing new techniques and creating labs on which they research the feasibility analysis of techniques they can improve.
  • Make their standards of living more high.
  • Utilize their resources effectively and efficiently.
  • Make their birth and death rate as low as possible.
6 0
3 years ago
Machinery purchased for $64,200 by Sheridan Co. in 2016 was originally estimated to have a life of 8 years with a salvage value
ArbitrLikvidat [17]

Answer:

Sheridan Co.

a. It is not necessary to correct the prior year's depreciation.  Depreciation is an accounting estimate and does not require the adjustment of prior year's accounts when there is a correction in its estimates.

b. Entry to record depreciation for 2021:

Debit Depreciation Expense $4,387

Credit Accumulated Depreciation $4,387

To record the depreciation expense for the year.

Explanation:

a) Data and Calculations:

Purchase of machinery in 2016 = $64,200

Original estimated useful life = 8 years

Salvage value = $4,280

Depreciation amount = $59,920 ($64,200 - $4,280)

Depreciation expense per year = $7,490 ($59,920/8)

Accumulated depreciation for 5 years = $37,450

Net book value = $26,750 ($64,200 - $37,450)

Remaining estimated useful life = 5 years

Salvage value = $4,815

New depreciable amount = $21,935 ($26,750 - $4,815)

Depreciation expense per year = $4,387 ($21,935/5)

4 0
3 years ago
Tony Manufacturing produces a single product that sells for​ $80. Variable costs per unit equal​ $50. The company expects total
cestrela7 [59]

Answer:

The correct option is (A)

Explanation:

Given:

Projected sales for next month = $2,800 units

Selling price = $80

Total sales in dollars = 2800×80 = $224,000

Total variable costs = 2800×50 = $140,000

Fixed cost = $82,000

Operating income = Total sales - total variable cost - fixed cost

                              = 224,000 - 140,000 - 82,000

                              = $2,000

If selling price is reduced by 14% that is $68.8 which is (80×0.86) in anticipation of increase in sales by 14% that is 3192 units that is (2800×1.14) , then change in operating income is calculated below:

Total sales in dollars = 3192×68.8 = $219,610 (rounded)

Total variable costs = 3192×50 = $159,600

Fixed cost = $82,000

Operating income = Total sales - total variable cost - fixed cost

                              = 219,610 - 159,600 - 82,000

                              = -$21990.4

It can be observed that operating income reduced by $23,990 that is (2000 - (-21,990)) if selling price is decreased by 14%.

6 0
3 years ago
Lena has just become eligible to participate in her​ company's retirement plan. Her company does not match​ contributions, but t
navik [9.2K]

Answer:

Throughout her retirement plan, Lena will still have $206,673.13.

Explanation:

The given values are:

Annual Interest Rate

= 12.00%

Monthly Deposit

= $110

Period

= 25 years i.e., 300 months

Monthly Interest Rate

= 1.00%

Now,

The Accumulated Deposits will be:

⇒  110\times 1.01^{299} + 110\times 1.01^{298}+....+ $110\times 1.01 + $110

⇒  \frac{110\times  (1.01^{300} - 1)}{0.01}

⇒  110\times 1,878.846626

⇒  206,673.13  ($)

8 0
3 years ago
The price elasticity of demand is: ________ A. negative, but the minus sign is ignored. B. positive, but the plus sign is ignore
stira [4]

Answer:

A. negative, but the minus sign is ignored.

Step-by-step explanation:

The price elasticity of demand is negative, but the minus sign is ignored.

By definition, price elasticity of demand can be defined as the degree of responsiveness of a change in quantity demanded as a result of a change in price of the commodity.

That is, one percent change in price leads to one percent change in quantity demanded.

Price elasticity of demand is negative but the minus sign is ignored. In economics, we interpret the value in absolute terms such that the minus sign is ignored. When PED is negative, it implies that a one percent change in price of a commodity will lead to a small change in quantity demanded of the commodity. In this case, PED is fairly inelastic; that is, Ed < 1. The commodity in question is a normal good and is conformed to law of demand which states that the higher the price of a commodity, the lower the quantity demanded, and vice versa, all things being equal (celeris paribus).

6 0
3 years ago
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