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Gennadij [26K]
3 years ago
12

Which of the following is correct?

Business
1 answer:
SpyIntel [72]3 years ago
4 0

Answer:

Health insurance plans may reimburse an individual for hospital stays, doctors' visits, and medications.

Explanation:

Depending on the event and the insurance plan you have you might be able to ask for a reimburse of the medical bills you paid.

You might be interested in
Given one or more hypothetical assumptions, a responsible party may prepare, to the best of his knowledge and belief, an entity'
Sergeeva-Olga [200]

Answer: Financial projections

Explanation:

 The financial projection is the term which is used for forecasting the various types of future based expenses and also the revenue of an organization. It also helps in preparing the financial statement by using their best knowledge, result and also manage the cash flow system.  

It also helps in developing the various types of short term financial based projection that for the purpose of internal marketing information.

The importance of the financial projection is that it helps in preparing the basic finance base statement by predicting the firm's outcome. Therefore, Financial projections is the correct answer.

 

5 0
4 years ago
Grab Manufacturing Co. purchased a 10-ton draw press at a cost of $180,000 with terms of 5/15, n/45. Payment was made within the
xenn [34]

Answer:

The capitalized cost = $187,600

so correct option is C. $187,600

Explanation:

given data

cost = $180,000

terms of 5/15, n/45

Shipping costs = $4,600

insurance in transit = $200

Installation costs = $12,000

wall and rebuilding = $4,000

to find out

The capitalized cost of the 10-ton draw press is

solution

we get here The capitalized cost that is express as

The capitalized cost =  Purchase price + Shipping Costs + Installation costs   ......................1

so here  Purchase price is = $180,000 × ( 100% - 5% )

so that

The capitalized cost = ($180,000 × 95%) + $4,600 + $12,000  

The capitalized cost = $187,600

so correct option is C. $187,600

5 0
3 years ago
Matured Water Services had net income for the month of October of $ 50 comma 880. Assets as of the beginning and end of the mont
Lelu [443]

Answer:

12%

Explanation:

Given that,

Net income = $50,880

Asset at the beginning = 362,000

Asset at the end = 486,000

Average total assets:

= (Asset at the beginning + Asset at the end) ÷ 2

= (362,000 + 486,000) ÷ 2

= $424,000

Therefore,

ROA = Net income ÷ Average total assets

        = $50,880  ÷ $424,000

        = 0.12 or 12%

Therefore, the Matured Water Services' ROA for the month of October is 12%.

3 0
3 years ago
Financial statement account identification mark each of the accounts listed in the following table as follows.
Triss [41]

Answer:

Account name                         statement(1)                     type of account(2)

Accounts payable                      BS                                        CL

Accounts receivable                  BS                                          CA

Accruals                                     IS and BS                             income and SE        

Accumulated amortization        BS                                       FA

administrative expenses            IS                                      E

Buildings                                       BS                                   FA

Cash                                              BS                                  CA

Common shares                           BS                                    SE

Cost of goods sold                     IS                                       E                        

Amortization                                 BS                                     E

Equipment                                       BS                                 F ASSET

General expenses                           IS                                     E

Intrest expenses                                IS                                     E

Account name                        Statement(1)                 type of account(2)

Inventories                                   BS                                   CA

Land                                             BS                                    FA

long term debts                          BS                                    CL

Machinery                                  BS                                       FA

marketable securities               BS                                      CA

Line of credit                              BS                                             LTD

operating expense                    IS                                           E

Preferred shares                     BS                                      SE

preferred share dividends      BS                                     SE

retained earnings                    BS                                      R

Sales revenue                         IS                                            R

Selling expense                    IS                                                E

Taxes                                         IS                                             E

Vehicle                                     BS                                             FA

 

5 0
3 years ago
Raul is a saver. He sets aside $200 per month during his career of 40 years to prepare for a comfortable retirement. He does not
monitta

Answer:

$211,971.

Explanation:

he will have earned in $115,971 in interest.

3 0
3 years ago
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