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xxTIMURxx [149]
3 years ago
6

The state of massachusetts established a clearinghouse system, the commonwealth health insurance connector, which facilitated th

e buying, selling and administration of affordable, quality private insurance coverage for employers of 50 or fewer employees.
Business
1 answer:
miss Akunina [59]3 years ago
3 0

The answer is Commonwealth Health Insurance Connector. This is the focus of Massachusetts’ determined health care improvements, which were applied starting in 2006. The Connector is a self-governing quasi-governmental organization shaped by the Massachusetts government to help the acquisition of inexpensive, high-quality health protection by small industries and individuals without contact to employer-sponsored coverage.

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Financial statement data at December 31 for Ecco Company are as follows: Cost of goods sold $552,500 Inventories: Beginning of y
nikitadnepr [17]

Answer:

b.112.3 days

Explanation:

The computation of the number of days' sales in inventory for the year is shown below:

Day inventory outstanding = {(Beginning inventory + ending inventory) ÷ 2}÷ cost of goods sold × number of days in a year

= {($200,000 + $140,000) ÷ 2} ÷ ($552,500) × 365 days

= ($170,000)  ÷ ($552,500) × 365 days

= 112.3 days

7 0
2 years ago
Depending on the style of the wedding gown dash– and the size of the bride dash– a wedding dress​ custom-designed and sewn in​ j
Step2247 [10]
<span>These would be the variable costs. Since the dress uses up to a specified amount of each of these elements, the costs can vary depending on the size of the gown and the person wearing the gown. Variable costs, unlike those that are fixed, are able to change based upon outside factors.</span>
5 0
3 years ago
Depreciating assets: a become more valuable over time. b become less valuable over time. c stay the same value. d none of the ab
NemiM [27]
Depreciating means to become less valuable over time, so I believe the correct answer is <span>b. become less valuable over time.</span>
6 0
2 years ago
Read 2 more answers
Individuals cannot purchase health insurance policies directly from commercial insurance companies.
kozerog [31]

Answer:

True

Explanation:

Commercial insurance companies have sales department, in which insurance sales agents are responsible to sell health insurance policies to the individuals.

4 0
2 years ago
At December 31, 2020, Oriole Company has outstanding noncancelable purchase commitments for 37,600 gallons, at $3.24 per gallon,
adell [148]

Answer:

Unrealized holding Gain or Loss - Income (Dr.) $20,304

Estimated Liability on purchase commitments (Cr.) $20,304

Explanation:

Oriole Company has agreed to purchase Gallons of raw material for a defined price of $3.24 per gallon. The price is reduced on December 31, 2020. The Difference between the prices of gallons is recorded as unrealized gain on debit and liability is credited.

$3.24 - $2.70 = $0.54 * 37,600 Gallon = $20,304

Unrealized holding Gain or Loss - Income (Dr.) $20,304

Estimated Liability on purchase commitments (Cr.) $20,304

The raw material is purchased at the price of $2.70 per gallon and the 36,000 gallons are purchased. The journal entry to record this transaction is,

Raw material (Dr.) $76,896

Estimated liability on purchase commitments (Dr.) $20,304

Cash (Cr.) $97,200

6 0
3 years ago
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