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spayn [35]
3 years ago
12

Individuals cannot purchase health insurance policies directly from commercial insurance companies.

Business
1 answer:
kozerog [31]3 years ago
4 0

Answer:

True

Explanation:

Commercial insurance companies have sales department, in which insurance sales agents are responsible to sell health insurance policies to the individuals.

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A corporation sold 1,000 shares of its $2.00 par value common stock for $10.00 per share and later repurchased 100 of those shar
boyakko [2]

Answer:

Option B. Treasury Stock for $1,200

Explanation:

The reason is that when 1,000 shares which has $2 par value and were issued at $10 per share, the journal entry was:

Dr Cash Account $10,000

Cr       Common Stock $2,000

Cr       Paid In Capital   $8,000

But when 100 shares were repurchased at $12 per share, then the accounting treatment would be

Dr Treasury Stock $1,200

Cr         Cash Account $1,200

So the correct option is option B.

5 0
3 years ago
Lemony lemonade has​ 3,200 gallons of lemonade in wip​ inventory, with​ 76% of materials already added. The lemonade is​ 50% thr
rosijanka [135]

Based on the process that Lemony Lemonade uses to make lemonade, the equivalent units for conversion​ costs is 1,600 units.

<h3>What equivalent units are for conversion costs?</h3>

This can be found as:

= Number of units that are WIP x Percentage of completion

Solving gives:

= 3,200 x 50%

= 1,600 units

Find out more on equivalent units at brainly.com/question/16259709

#SPJ1

4 0
1 year ago
On January 1, 20X5, Blaugh Co. signed a long-term lease for an office building. The terms of the lease required Blaugh to pay $1
umka2103 [35]

Answer

The answer and procedures of the exercise are attached in the following image.

Explanation  

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.  

4 0
2 years ago
Provide the economic term/concept for this description. *NO ABBREVIATIONS*
elena55 [62]

Answer:

8gc uv u o du I. 8. o ixd u. o

5 0
3 years ago
___________ is a doctrine that applies to strict liability actions that says a plaintiff who is contributorily negligent for his
Anna35 [415]

Answer:

Crash worthiness

Explanation:

Crash  worthiness is a term that depicts a vehicle's capacity to ensure its tenants during an impact.  

In the event that you continue wounds in a fender bender because of the vehicle's absence of crash value, at that point you may have a case against the vehicle's producer.  

It is exceptionally reliant on how the materials, development and plan of the vehicle cooperate.

7 0
3 years ago
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