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
If ERS had an incremental increase in revenue of $100,000, based on the net profit margin computed, what is the additional poten
romanna [79]

Answer:

The first part of the question was missing, so I looked for it:

total revenue = $934,500

net income = $62,260

net profit margin = (net income / total revenue) x 100 = ($62,260 / $934,500) x 100 = 6.662%

if revenue increases by $100,000, then net income should increase by:

$100,000 x 6.662% = $6,662

3 0
3 years ago
1. Which of the following is the money or other resources needed to pay for a part or
soldi70 [24.7K]

Answer:

A. Investment

Explanation:

The money that you need to pay to purchase and acquire a part of a company is an investment. This investment can be used, for example, to buy stock. A stock is a title of ownership of a company for the percentage of the company that the stock represents. If I own 100 stocks that represent 1% of a company, then, I own 1% of that company. In other words, my investment (my money) is worth 1% of said company.

5 0
3 years ago
If the borrower has a previous foreclosure, can he use FHA to purchase a new home?
snow_tiger [21]

Answer:

Yes he can use FHA

Explanation:

Because FHA Loans are the most forgiving of foreclosures. To qualify for an FHA mortgage loan, you must wait at least three years after the foreclosure. The three year clock starts ticking from the time that the foreclosure case has ended, usually from the date that you prior home was sold in the foreclosure preceeding. If the foreclosure also involved an FHA loan, the three year waiting periods starts from the date that FHA paid the prior lender on its claim

6 0
3 years ago
Local adaptation is typically preferred by managers who are charged with making the international business successful in their c
atroni [7]

<u>Answer: </u>True

<u>Explanation:</u>

To maintain the competitive advantage of the business the managers of international business adapt to local adaptation strategy. International markets have different languages and culture it is necessary to promote business in the local language to reach the target market accordingly.

The multinational companies have their offices, distribution and production in different countries but they maintain same set of policies and procedures which makes decision making quick and easier. Through this way they maintain the global consistency.

4 0
3 years ago
Human capital is best defined as: Group of answer choices any piece of machinery that must be combined with labor to be producti
tiny-mole [99]

Answer:

The correct answer is: the productive skills and knowledge that workers acquire from education and training.

Explanation:

Human capital is the intangible assets possessed by individuals or groups that can produce economic value. These assets can be education, health, intelligence, training, loyalty, punctuality, etc.

Human capital improves the productivity of physical capital by using it more efficiently. In a firm, it improves productivity and profitability. The firm though does not include it on its balance sheet. It is the economic value of the skills and experience of workers.

8 0
4 years ago
Other questions:
  • How can systems analysts prevent the creeping commitment approach to feasibility?
    9·1 answer
  • "Inadequate disclosure generally occurs through misrepresentations about the nature and products of the company through which me
    8·1 answer
  • Which of the following is an advantage of consumer credit?
    10·1 answer
  • Searcy has accounts receivable of $700,000 and an allowance for doubtful accounts of $54,000. On January 24, 2020, it is learned
    15·1 answer
  • Discuss whether you agree with the following statement: “The problem with economics is that it assumes that consumers and firms
    7·1 answer
  • Suppose Dexter and Amy are the only members of a community that is trying to determine how much of a public good should be produ
    13·1 answer
  • Which of the following statements about business writing is most accurate? a. Business writing is similar to academic writing. b
    10·1 answer
  • For Bonita Sports Corporation, year-end plan assets were $4,250,000. At the beginning of the year, plan assets were $3,974,000.
    8·1 answer
  • Suppose that Musashi, an economist from an AM talk radio program, and Rina, an economist from a university in Massachusetts, are
    5·1 answer
  • Why do we practice making associations with simple and mundane problems and resources?
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!