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3 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]3 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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Organic Grocer employed Jacobson as its manager and gave her authority to purchase supplies and goods for resale. Jacobson had b

Vlada [557]

Answer:

ltem of important must be shown separately

what is that GAAP

7 0

2 years ago

What are the advantages and disadvantages of common stocks

andrey2020 [161]

Advantages:

You can invest in companies with limited liability.
Common stocks offer a higher earning potential.
You can easily purchase common stock on virtually any trading platform.
Common stocks can provide dividends.
You’ll get to take advantage of a growing economy.

Disadvantages:

You are the last person to get paid during a company liquidation.
You don’t have much control over your investment.
Companies are not required to pay dividends on common stocks.
It can take time to generate significant gains.
You will face high levels of professional competition when investing in common stocks.

Hopes this helps :)

5 0

2 years ago

7. Farmer sells flour to a baker for RM2. The baker uses the flour to make bread, which is sold for RM3. What is the total contr

erica [24]

Answer: RM3

Explanation:

Gross domestic product has to do with the monetary value of the goods that are produced in a particular economy. In this case, the total contribution will be RM3 since it's the final amount that the bread is sold.

It should be noted that RM2 in this case is the intermediate good and should therefore bit be included so that there won't be an overstatement of the GDP and to prevent double counting.

8 0

3 years ago

On December 31, 2019, Coolwear, Inc. had a balance in its supplies account of $48,400. During 2020, $86,000 was paid for new sup

Luden [163]

Answer:

$92,400

Explanation:

Supplies expense for 2020 would be calculated as;

= Ending balance in supplies account on December 31, 2019 + Payment for new supplies in 2020 - Balance in supplies account at the end of year 2020

Given that ;

Ending balance in supplies account = $48,400

Payment for new supplies = $86,000

Balance in supplies account at the end of year 2020 = $42,000

Therefore,

Supplies expense for 2020

= $48,400 + $86,000 - $42,000

= $92,400

6 0

2 years ago

What is the consumer credit act

Reptile [31]

The Consumer Credit Act is protections to apply between agreements between traders and individuals, sole traders, partnerships and unincorporated associations. But not agreements made between traders and bodies.

7 0

2 years ago