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ankoles [38]
1 year ago
12

all of the following are the responsibilities of every long-term care insurer in california except (choose from the following op

tions) 1. establish marketing procedures to assure excessive insurance is not sold or issued. 2. submit to the commissioner a list of all agents authorized to solicit individual consumers for the sale of long-term care insurance. 3. provide enough business to solicit long-term care insurance. 4. establish marketing procedures to assure that any comparison of policies will be fair and accurate.
Business
1 answer:
Savatey [412]1 year ago
6 0

The following are the responsibilities of every long-term care insurer in California except Provide enough business to solicit long-term care insurance.

<h3>The California Life and Health Guarantee does not cover which of the following?</h3>

The California Life and Health Guarantee Association offers security to all of these, with the exception of insurers.

<h3>What usually isn't covered by long-term care insurance?</h3>

In insurance that cover long-term care services, a few of the more frequent exclusions are as follows: Alzheimer's disease, senile dementia, and observable organic brain diseases are NOT excluded or limited by the policy because they are mental illnesses.

To Know more about insurance.

brainly.com/question/27822778

#SPJ9

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North Division has the following information:
VLD [36.1K]

Answer:

due to elimination

income will decrease by $526000

Explanation:

Given data

Sales =  $1180000  

Variable expenses = $654000  

Fixed expenses =  $620000

to find out

incremental effect on net income

solution

we know here total sale is $1180000 and Variable expenses is  $654000

so contribution  if the division is dropped is sales - Variable expenses

put these value

contribution = 1180000 - 654000

contribution = 526000

so we say that due to elimination

income will decrease by $526000

5 0
3 years ago
Ocean City Kite Company sells kites for $11.50 per kite. In FY 2019, total fixed costs are expected to be $250,000 and variable
Dmitry_Shevchenko [17]

Answer:

40,000 kits

Explanation:

The computation is shown below:

Number of kits required to be sold to meet the goal = Total Contribution Margin Required ÷ Contribution Margin per Unit

where,

Total contribution margin required is

= Total fixed cost + operating income

= $250,000 + $90,000

= $340,000

And, the

Contribution Margin per Unit = Selling Price per Unit - Variable Cost per unit

= $11.50 - $3

= $8.50

So, the number of kits required is

= $340,000 ÷ $8.50

= 40,000 kits

8 0
3 years ago
______________________: Bringing goods or services into one country from another.
dem82 [27]

Answer:

importing is the answer.

6 0
3 years ago
Use the following information of VPI Co. to prepare a statement of cash flows for the year ended December 31 using the indirect
r-ruslan [8.4K]

Answer:

                                                 VPI Co.

            Cashflow statement for the year ended December 31

                                                                               $

Operating activities                                            

Net income                                                         59,000

Add Depreciation                                                 7600

Less gain from sale of machinery                      (2900)

Increase in Inventory                                          (8,600)

Increase in accounts payable                              3,300

Decrease in accounts  receivable                      <u>  6,600</u>

Cash flow from Operating activities                  65,000

Investing activities

Cash received from sale of  machinery              11,300

Financing activities

Cash paid for dividends                                      (4,600)

Net cashflow                                                        71,700

Cash balance at prior year-end                       <u> </u><u>43,600</u>

Cash balance at current year-end                  <u> 114,300</u>

Explanation:

The indirect method of cashflow statements starts with the cashflows from the operating activities to Financing and then investing activities.

An increase in an asset other than cash is a decrease in cash and vice versa. An increase in a liability is an increase in cash and vice versa. We add or subtract none cash items like depreciation, gain on asset disposal etc.

7 0
2 years ago
Jolene is opening a doggy daycare named "Little Barks." She is leaving her current job where she makes $75,000 per year in order
brilliants [131]

Answer:

Accounting profit is the difference between total revenue and accounting cost in which the accounting cost is containing only the explicit cost incurred. Economic profit is the difference between total revenue and total opportunity cost, the latter containing both the explicit cost and the implicit cost incurred.

Accounting profit = revenue - explicit cost

Accounting profit = 125,000 - (10000 + 20000)

Accounting profit = 95,000

Economic profit = accounting profit - implicit cost

Economic profit = 95,000 - (75000 + 5000)

Economic profit = 15,000

This implies that while accounting profit does not undertake implicit cost of economic activity (cost for which no explicit payment is made separately), economic profit does deduct them. Now economic profit is positive, Jolene should open Little Barks.

6 0
3 years ago
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