1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Monica [59]
4 years ago
9

Conor broke his wrist while playing basketball in the backyard. He ended up in the hospital. After an X-ray, MRI, doctor visit a

nd a cast, he receives a hospital bill for $10,000. According to his health insurance policy, he has $2,000 deductible (which he did not pay this year at all) and a 20% co-pay. How much Conor will have to pay for the hospital?
Business
1 answer:
Anna11 [10]4 years ago
3 0

Answer:

$6,000

Explanation:

A deductible is the amount Conor has to pay before his medical bills and prescriptions start getting coverage from his insurance.

Step 1: 10,000 - 2,000 = 8,000

A co-pay is a fixed amount the insured has to pay for certain medical services.

Step 2: 20% of 8,000 or 0.20 times 8,000 = 1,600

Step 3: add $2,000 (the deductible you have to pay) and $1,600 (the co-pay)

Total amount that Conor will have to pay for the hospital: $3,600

You might be interested in
One disadvantage of a partnership is lower monitoring costs. limited liability. difficulty raising funds. it permits greater spe
Degger [83]

The correct answer is difficulty raising funds.

If a business is owned by a partnership, the company is limited to the amount of money that the partners have to invest. This is different from corporation, because when this type of business needs for funds they can sell more stock.

3 0
3 years ago
The impact of corruption and fraud on an individual​
Gwar [14]

Answer:

The answer is below

Explanation:

The impact of corruption and fraud on an individual​ is numerous, whether it is coming from a company or a state.

Usually, the impact of corruption and fraud on individuals makes such individuals have a wrong perception of the situation.

If the individual is at the wrong end of corruption and fraud, such individual would miss many opportunities, including access to employment, good health care systems, be exposed to the inefficient quality of standard of living, and many more. Hence, such an individual would believe that little to nothing works in his immediate environment.

In the same vein, if such an individual is gaining from fraud and corruption, he would believe the situations are right for him, and that it is perfectly normal to cheat, lie, and bribe his way through to success. Hence, such an individual would see the world as the best fraudster or most corrupt rules the world and it would be a normal thing to him.

4 0
3 years ago
Representatives from Kraft spent several months with consumers in their kitchens, attempting to understand what they wanted in r
sergiy2304 [10]

Answer:

d. ethnographic research

Explanation:

Ethnographic research -

It is a type of research method , where the people tries to interact with the people in real life , in order to get the best and most pure information regarding the research topic , is referred to as ethnographic research .

The method is very effective and efficient to attain knowledge for the research topic .

Hence , from the given scenario of the question ,

The correct option is  d. ethnographic research .

       

7 0
3 years ago
Ultimate Sportswear has $100,000 of 8 noncumulative, nonparticipating, preferred stock outstanding. Ultimate Sportswear also has
andrew-mc [135]

Answer:

Preferred dividend = $8,000

Common stock dividend = $22,000

Explanation:

The computation of dividend is shown below:-

Preferred dividend = Total shares × Total shares of Noncumulative, nonparticipating, preferred stock outstanding

= $100,000 × 0.08

= $8,000

Common stock dividend = Cash dividend - Preferred dividend

= $30,000 - 8,000

= $22,000

Therefore the Preferred dividend is $8,000 and Common stock dividend is $22,000

7 0
3 years ago
Chino Company reported net income of $23,000 for the current year. During the year, Inventory decreased by $7,500, Accounts Paya
ikadub [295]

Answer: A). $25,750.

Explanation:

Cash from operating activities refers to cash from the business operations of the company.

Formula is:

= Net Income + Depreciation + Decrease in inventory - Accounts payable decrease - Accounts receivable increase

= 23,000 + 10,500 + 7,500 - 8,250 - 7,000

= $25,750

7 0
3 years ago
Read 2 more answers
Other questions:
  • When Hurricane Katrina shut down many oil refineries, the supply curve for oil
    12·2 answers
  • ​Most successful small online businesses that sell products have inventories that share one common characteristic: ____.
    5·1 answer
  • A shoe manufacturer sells high-end designer shoes to wholesalers who, in turn, sell a variety of shoes and other leather accesso
    6·1 answer
  • Identify two new pieces of financial information that you learned about this week that will help you make informed financial dec
    13·1 answer
  • The supreme court decision that struck down the quota system was
    11·1 answer
  • First Link Services granted 20 million of its $1 par common shares to executives, subject to forfeiture if employment is termina
    10·1 answer
  • You need a particular piece of equipment for your production process. An​ equipment-leasing company has offered to lease the equ
    10·1 answer
  • A share of stock sells for $53 today. The beta of the stock is .7 and the expected return on the market is 16 percent. The stock
    6·1 answer
  • Duo, Inc., carries two products and has the following year-end income statement (000s omitted): Product AR-10 Product ZR-7 Budge
    15·1 answer
  • A firm manages its inventory with an order-up-to level (i.e., a base stock level). The review period is one day (so the manager
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!