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
Kryger [21]
3 years ago
11

PLEASE HELP!!! What is the name for the highest amount a policyholder pays for deductibles, coinsurance, and co payments?

Business
1 answer:
Maurinko [17]3 years ago
4 0
C. Out-of-pocket maximum
You might be interested in
Z is a normal good. The equilibrium price and equilibrium quantity of Z in the year 2011 was $25 and 60 units, respectively. In
Ymorist [56]

Answer:

D) Shift of the demand curve for Z to the left

Since both the equilibrium quantity and price decreased.

Explanation:

A rightward shift of the demand curve should increase both the equilibrium price and quantity.

A rightward shift of the supply curve should increase the equilibrium quantity and decrease the equilibrium price.

A leftward shift of the supply curve should increase the equilibrium price and decrease the equilibrium quantity.

4 0
3 years ago
John Fare purchased $6,000 worth of equipment by making a $1000 down payment and promising to pay the remainder of the cost in s
vesna_86 [32]

Answer:

C $ 596.39

total payment          7,156.68

Interest expense     2,156.68

Explanation:

6,000  -  1,000 = 5,000 amount to finance

We will calcualte the cuota of an annuity of 6 years with semianual payment at 12% annual rate.

PV \div \frac{1-(1+r)^{-time} }{rate} = C\\

PV  $5,000.00

time   12 (6 years times 2 payment per year)

rate            0.06 (12% annual we divide by 2 to get semiannual)

5000 \times \frac{1-(1+0.06)^{-12} }{0.06} = C\\

C $ 596.39

The total amount paid will be the cuota times the time of the loan:

Total amount paid

596.39 x 12 = 7,156.68‬

The interest will be the difference between the total amount paid and the principal of the loan

Interest paid

total payment          7,156.68

principal                 (5,000)

Interest expense     2,156.68

7 0
3 years ago
During the course of your examination of the financial statements of the Hales Corporation for the year ended December 31, 2021,
Nana76 [90]

Answer:

$35,260

Explanation:

Calculation to Determine the proper amount of net income for 2021

Unadjusted net income $33,000

Adjustments:

a. Insurance expense overstated $2,800

[4,200-(4,200/3)]

b. Sales revenue overstated $(675)

c. Supplies expense overstated $645

d. Interest expense understated $(510)

(12%*17,000*3/12)

Adjusted net income $35,260

Therefore the proper amount of net income for 2021 will be $35,260

3 0
3 years ago
G MC Qu. 87 When is a goodwill impairment loss... When is a goodwill impairment loss recognized?
marin [14]

Answer:

Goodwill impairment occurs when a company decides to pay more than book value for the acquisition of an asset.

An impairment is recognized as a loss on the income statement and as a reduction in the goodwill account. The amount of the loss is the difference between the current fair market value of the asset and its carrying value or amount.

Explanation:

6 0
3 years ago
Macroeconomic equilibrium occurs when aggregate supply and aggregate demand meet. what does this indicate about society?
givi [52]
This indicates that the society is using resources efficiently and effectively. This is because all economies tend to go towards the equilibrium and if they don't, that's bad for the economy.
8 0
3 years ago
Other questions:
  • You wish to cite lucent information management, incorporated versus lucent technologies, incorporated. this is a 1997 federal ca
    15·1 answer
  • Paul paid the real estate taxes on his rental apartment building. the real estate taxes are
    10·2 answers
  • Prepare journal entries to record the following merchandising transactions of Cabela's, which uses the perpetual inventory syste
    13·2 answers
  • Cheese Factory Incorporated reported the following information for the fiscal year ended August 31, 2015.
    6·1 answer
  • On January 1, 2018,Gillock Climbing Academy instituted a defined benefit pension plan for its employees. The annual service cost
    7·1 answer
  • A company uses radio frequency identification (RFID) tags to keep track of its inventory. This is an example of the impact of te
    8·1 answer
  • Dana wants to purchase a new pair of shoes from the internet. What steps should she take to ensure her identity is protected whi
    7·1 answer
  • What does a management accountant need to do before he or she can take
    5·1 answer
  • Strategic positioning attempts to achieve sustainable competitive advantage by ______.
    15·1 answer
  • 3.Part 2 Management agency agreement – complete and submit for marking Maria’s agreement only.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!