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4 years ago

Which of the following is designed to partially remedy the problem of excessive insurance? Baumol’s cost disease

Business

1 answer:

IgorC [24]4 years ago

7 0

Answer:

The Cadillac tax

Explanation:

The benefit for health case sponsored by the employer in the case when the defined limits that should be legal will be 40% of excise tax also the taxes are paid by the insurance companies but the same is to be borne by an individual also it determines who has to receive the benefit of the insurance. It also restricts the limit of private health insurance

So here in the given situation, it is a Cadillac tax

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Which of these roles is the highest ranking person in a company?

Rudiy27

What are the choices, if any?
In most companies, the highest corporate titles would be CEO, COO, Vice President, CFO and/or Manager.

5 0

3 years ago

Read 2 more answers

E3-18 Comparing cash and accrual basis accounting and applying the revenue recognition principle Momentous Occasions is a photog

dusya [7]

Answer:

Momentous Occasions

a. Revenue of $1,000 is recognized on April 2, though the cash receipt is recorded on March 3 as deferred revenue. This means that the recognition occurred on a separate date from when the cash was received.

b. Revenue of $4,100 will be recognized on the date the party is held and not on the February 28 date when the cash was received. This means that the recognition occurred on a separate date from when the cash was received.

Explanation:

Momentous Occasions is required to recognize revenue on the date the service is performed and not when the cash is received in accordance with the accrual concept, unless it chooses to use the cash basis as a small business.

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4 years ago

Cyberphone, a manufacturer of cell phone accessories, ended the current year with annual sales (at cost) of $72 million. During

viktelen [127]

Answer:

INCREASE IN AVERAGE INVENTORY VALUE REQUIRED = $2.25 million

Explanation:

Inventory turnover will be determined as :

Inventory turnover = Annual sales ( at cost ) / Inventory value

Annual sales this year = $72million

Inventory turnover = 8 times

Therefore , Inventory value of current year = $72/8 =$ 9 MILLION

If annual sales ( at cost ) increases by 25%, Inventory value also has to increase by 25% to maintain the same inventory turnover ratio next year

Therefore , increase in average inventory value required = 25% of $9 million = $2.25 million

INCREASE IN AVERAGE INVENTORY VALUE REQUIRED = $2.25 million

5 0

3 years ago

The standard format rules for a professional letter should be followed. True or false.

Luda [366]

Answer:

True.

Explanation:

To write a professional letter, some standard format rules need to be followed.

It is necessary that the letter is written using a formal vocabulary, with clear and precise information, in the appropriate format, containing date, information about your professional profile, about the company and a final greeting.

To achieve an important objective, such as getting a job, it is important to have good writing skills to write a professional letter, in order to demonstrate through your arguments, your skills and competences, which can contribute to the success of a company.

6 0

3 years ago

The Khaki Corporation has the following budgeted sales data:

Simora [160]

The Khaki Corporation's budgeted cash receipts for April is $383,000.

Data andCalculations:

January February March April

Cash Sales $70,000 $90,000 $80,000 $70,000

Credit Sales $400,000 $350,000 $300,000 $320,000

Cash collections:

40% sales month $160,000 $140,000 $120,000 $128,000

50% 1st month $200,000 $175,000 $150,000

10% 2nd month $40,000 $35,000

Total collections from credit sales for April $313,000

Cash Sales $70,000 $90,000 $80,000 $70,000

Total budgeted cash receipts for April = $383,000

Thus, the budgeted cash receipts for the month of April would be $383,000.

Learn more: brainly.com/question/8707644

3 0

3 years ago