Based on the amount covered and the amount withdrawn, we can calculate that Boba's annual health insurance premium is<u> $6,256.88</u>
First find the total amount withheld from Boba in a year:
= 185.30 x 26
= $4,817.80
Boba's employer covers 23% of his insurance so the amount withdrawn is 77% of the insurance.
The annual insurance is therefore:
<em>= Boba's share / Percentage paid by Boba</em>
= 4,817.80 / 77%
= $6,256.88
In conclusion, the annual premium is $6,256.88
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Answer:
Sole Proprietorship
Explanation:
Sole proprietorship is a form of business in which all liabilities,risks&responsibilities(especially in financial aspect) are being borne by a single individual.The individual may not necessarily be the operational entity in the business as he/she in question can employ employees he/she so desires,but when it comes to structuring,legality&sensitive decisions affecting the business,it is borne solely by the individual.This form of business is devoid of partnership,which explains why the demise of the owner is likely to bring an end to the business.
Answer:10.06 %
Explanation:
WACC = (Cost of equity × weight of equity ) + (Cost of debt × weight of debt)
Cost of equity = 0.17
Cost of debt = pretax cost of debt × (1 - tax rate )
0.06 × 0.52 = 0.0312
Weight of debt and equity = $3 / $6 = $0.5
WACC = ( 0.17 × 0.5 ) + (0.52×0.06 × 0.5) = 0.085 + 0.0156 = 0.1006 = 10.06%
The practice of buying goods and services now and paying for them later is termed is<u> Bartering</u>.
A barter is a transaction in which two or more parties exchange products or services without exchanging cash or other forms of payment like credit cards.
In its simplest form, bartering entails the exchange of one party's good or service for another party's good or service.
A carpenter who constructs a fence for a farmer is a straightforward illustration of a barter transaction.
The farmer might compensate the carpenter with $1,000 worth of crops or groceries rather than paying the builder $1,000 in cash for labor and supplies.
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The legal doctrine that allows for the usage of copyrighted works for certain purposes is known as the <u>"Fair Use" doctrine.</u>
<h3>The "Fair Use" doctrine</h3>
- Became federal law by the passing of the Copyright Act of 1976.
- Allows for usage of copyrighted material for teaching, news reporting, and research among others.
This means that when copyrighted work needs to be used in areas covered by this doctrine, the users do not have to ask for permission from the owners of the work.
In conclusion, this is The "Fair Use" doctrine.
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