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Sonja [21]
3 years ago
13

When employers who self-fund their employee benefits form a larger group in order to offer health insurance benefits to each emp

loyer's workers, it is called a (an):
Business
1 answer:
neonofarm [45]3 years ago
7 0

Answer:

Multiple Employer Welfare Association

Explanation:

A multiple employer welfare association (MEWA) is formed by at least 10 employers who want to lower the tax implications of providing life insurance benefits to their employees.

The whole group combines their contributions into a self-contributing health insurance plan that benefits their employees.

MEWAs are usually formed by small companies, since large corporations with tens of thousands of employees can do the same but on their own without needing other companies.

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Opportunity costs are a large factor in individual decision-making. Please sort the statements according to whether or not they
uranmaximum [27]

Answer:

Has an opportunity cost

  • Having a "lazy afternoon" VS Working an 8 hour shift VS
  • Cooking dinner VS Eating out
  • Reading you favorite book VS Catching up with an old friend

Explanation:

Opportunity costs refer to the extra costs or benefits lost associated with choosing one activity or investment over another alternative. In other words, every  activity that you carry out includes the opportunity cost of not doing something else. No matter what we do, we could be doing something else.

4 0
2 years ago
The beginning inventory at Midnight Supplies and data on purchases and sales for a three-month period ending March 31, are as fo
agasfer [191]

Answer:

Using LIFO:

TOTAL Sales : $19,875,500

COGS = $11,021,250

GROSS PROFIT = $8,853,750

Explanation:

KINDLY CHECK ATTACHED PICTURE

4 0
3 years ago
Consolidated Enterprises issues $1 million face value, five-year bonds with a coupon rate of 6.0 percent. At the time of issuanc
valentinak56 [21]

Answer:

$1,035,459.51

Explanation:

First we must determine the issuing value:

  • cash flow 1 = $60,000
  • cash flow 1 = $60,000
  • cash flow 1 = $60,000
  • cash flow 1 = $60,000
  • cash flow 1 = $1,060,000

using an excel spreadsheet to calculate the bond's price with a discount value of 5%:

the bonds were sold at $1,043,294.77

the effective interest expense = bond's price x market interest = $1,043,294.77  x 5% = $52,164.74

bond's value = bond's price - (coupon payment - effective interest) = $1,043,294.77 - ($60,000 - $52,164.74) = $1,035,459.51

8 0
3 years ago
The council members of a small town have decided that the earth levee that protects the town from flooding should be rebuilt and
laiz [17]

Answer:

$230,899

Explanation:

Calculation for what the equivalent present cost is for the first 5 years

Present cost of the repair work = 68,000 * (P/A, 6%,5) - 7,000 * (P/G, 6%,5)

Present cost of the repair work= 68,000 * 4.212364 - 7,000 * 7.934549

Present cost of the repair work= $230,898.90 Approximately $230,899

Therefore the Present cost of the repair work will be $230,899

3 0
3 years ago
The tool that is used in situations when programmed decision making is appropriate is a _____ plan.
fredd [130]

A standing plan is the answer.

8 0
3 years ago
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