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aleksandr82 [10.1K]
3 years ago
13

In the United States, about $5,200 per person per year is spent on health care, while in Britain the amount is about half that.

A recent study indicated that middle-aged white Americans have a significantly higher rate of diabetes and heart disease than do middle-aged white Britons. Even after eliminating from the study the lifestyle differences of diet, exercise, smoking, and drinking, the data showed that the Americans have poorer health than their British counterparts.The statements above, if true, best support which of the following assertions?(A) Health care spending in the United States should be reduced by 50%.(B) More expensive health care causes a higher incidence of certain diseases.(C) The money spent on health care in the United States is not being used effectively.(D) The average health care spending for middle-aged white Americans is probably less than the average health care spending for Americans in general.(E) Something other than diet, exercise, smoking, and drinking must account for the difference in health for the two groups in the study.
Business
1 answer:
riadik2000 [5.3K]3 years ago
4 0

Answer:

The answer is: C) The money spent on health care in the United States is not being used effectively.

Explanation:

American citizens spend twice as much as British citizens on health care per year. Even if certain diseases are more common in the US than in Britain, the overall cost of health care is too expensive in the US (100% difference) to be explained by a greater prevalence of just one or two diseases.

The only possible explanation is that the American health care system is not as efficient as the British health care system, therefore health care is more expensive.

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Answer:

Journal Entry

Dr. Contingent Consideration Liability $500,000

Cr. Goodwill $500,000

Explanation:

It is assumed that the decline in the fair value is the correction of the acquisition entry. It means due to this event the consideration liability and goodwill are overstated we need to rectify the balances.

Hence,

The contingent consideration liability will be debited to reduce the liability and goodwill will also be decreased by crediting the goodwill account.

4 0
3 years ago
In 2016, Saratoga Company had the following financial data: Operating income $320,000 Interest received $50,000 Interest paid $9
ololo11 [35]

In 2016, Saratoga Company had the following financial data: Operating income $320,000 Interest received $50,000 Interest paid $90,000 Dividend received $100,000 Dividend paid $150,000 Dividend of $100,000 was received from Findlay Inc. which is one of the companies that Saratoga company invest. As of the end of 2016, Saratoga Company owns 35% of Findlay, Inc.

Using the corporate tax rate table given below, what was the company’s tax Liability (just federal corporate income tax) for the year 2008?

335,000 - 10,000,000 34% 113,900 + .34x(inc>335,000)

Answer:

$78,200

Explanation:

From the given information:

Operating income = $320,000

Interest received = $50,000

Interest paid = $90000

Dividend received = $100000

Dividend paid        = $150,000

Therefore:

Saratoga Company Total Income = Operating income + Interest Received + Dividend Received  - Interest Paid - Dividend paid

Saratoga Company Total Income = $320,000 + $50,000 + $100,000 - $90,000 - $ 150,000

Saratoga Company Total Income = $470000 - $ 240000

Saratoga Company Total Income =  $230,000

According to the table given ;

The table tax percentage = 34 %

= $230,000  × 0.34

= $78,200

7 0
3 years ago
The retail mall owner told a marketing researcher, "We have the option of staying open late twice a week or opening up an hour e
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Answer:

develop your research plan

Explanation:

The five steps in the marketing research process are:

  1. Define the problem (or opportunity)
  2. Determine your research design
  3. Develop your research plan: during this step you design your research tool, e.g. questionnaires, focus groups, etc. You must also prepare a budget that covers the costs of carrying out your research plan.
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The cost of overestimating demand is usually harder to determine than the cost of underestimating demand. Group of answer choice
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Answer:

The statement is: False.

Explanation:

In supply chain management, incremental analysis is in charge of determining the cost of ordering one more additional unit of a product over the cost of no requesting that additional unit. The cost of overstimulating demand is the loss of ordering one additional unit and discovering that it cannot be sold. The cost of underestimating demand is the opportunity loss for nor requesting one additional and discovering it could have been sold.

<em>The cost of underestimating demand is more difficult to determine than the cost of overestimating demand because underestimating demand because it involves customer's desires</em> on purchasing a product when not having the resources to do so.

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5. A raise in the price of a product causes _____. a decrease in supply an increase in demand an increase in competition a decre
grigory [225]

Answer:

d

Explanation:

a decrease in competition

6 0
3 years ago
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