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Vlada [557]
3 years ago
7

Which of the following statements is true? The Medicaid program cover everyone below the poverty line Government health insuranc

e programs are limited to low-income Americans Almost half of medical care costs in the U.S. is paid by government The Medicare program runs a surplus
Business
1 answer:
Aloiza [94]3 years ago
3 0

Answer:

C). Almost half of medical care costs in the U.S. is paid by the government.

Explanation:

The second statement that asserts a true claim regarding the funding of medical care in the United States. The federal government in total funds 65% of the funds spent on Medicaid and around 80+% for CHIP(Children's healthcare program). Nearly 18% of GDP is spent by the federal government on funding the expenditures incurred on health care as it is highly concerned about the health of its citizens as a healthy state can only be the leading and the most powerful one. Last year, around 1.2 trillion dollars were spent on the healthcare budget and the goals are to reach higher. Thus, this statement asserts a true claim and hence, <u>option C</u> is the correct answer.

You might be interested in
Sales prices of baseball cards from the 1960s are known to possess a right skewed distribution with a mean sale price of $5.25 a
VMariaS [17]

Answer:

option  b is correct

Normal with a mean of $5.25 and a standard error of $0.28

Explanation:

Given data

mean = $5.25

standard deviation SD = $2.80

sample n = 100

to find out

sampling distribution

solution

we will find here first mean error that is

standard error = SD/ √n

put here value n and SD

standard error = 2.80 /√100

standard error = 0.28

and we know here that by central limit theorem that is state that sample distribution of sample mean is approximate normally distribute with Standard error and mean so

mean with normal is 5.25

Hence

option  b is correct here

Normal with a mean of $5.25 and a standard error of $0.28

7 0
3 years ago
1 Madison Harris, the owner, invested $6,500 cash and $33,500 of photography equipment in the company in exchange for common sto
Sindrei [870]

Answer:

Part A:

August 1:

Cash                                               $6,500

Photography equipment               $$33,500

Madison Harris Capital                                                          $40,000

August 2:

Prepaid Insurance                          $2,100

Cash                                                                                        $2,100

August 5:

Office Supplies                               $880

Cash                                                                                        $880

August 20:

Cash                                                 $3,331

Photography fees earned                                                      $3,331

August 31:

Utilities expense                              $675

Cash                                                                                         $675

Total                                                 $46,986                          $46,986  

Part B:

Amount                              Debit($)                Credit($)

Cash                                   6,176

Office Supplies                 880

Prepaid Insurance            2,100

Photography Equipment 33,500

M.Harris Capital                                                 40,000

Photography Fee earned                                  3,331

Utilities Expense                675

Total                                     43,331                     43,331

Explanation:

Journal Entries:

It helps the company or firm to put all its transactions ion one sheet as debit and credit to keep track of its financial transactions. At the end total debit is equal to total credit.

Below are journal entries of above Transactions:

Amount                                          Debit                                Credit

August 1:

Cash                                               $6,500

Photography equipment               $$33,500

Madison Harris Capital                                                          $40,000

August 2:

Prepaid Insurance                          $2,100

Cash                                                                                        $2,100

August 5:

Office Supplies                               $880

Cash                                                                                        $880

August 20:

Cash                                                 $3,331

Photography fees earned                                                      $3,331

August 31:

Utilities expense                              $675

Cash                                                                                         $675

Total                                                 $46,986                          $46,986  

Part B:

From Above Entries we can find the cash at the end:

Ending Cash=Total Debit Cash- Total Credit Cash

Ending Cash=(6,500+3,331)-(2,100+880+675)

Ending Cash=$6176

Preparing Trial Balance:

Amount                              Debit($)                Credit($)

Cash                                   6,176

Office Supplies                 880

Prepaid Insurance            2,100

Photography Equipment 33,500

M.Harris Capital                                                 40,000

Photography Fee earned                                  3,331

Utilities Expense                675

Total                                     43,331                     43,331

3 0
3 years ago
E. L. Thorndike’s Law of Effect states that _________.a. It states a response followed by a reward is more likely to recur in th
AlexFokin [52]

Answer:

A) It states a response followed by a reward is more likely to recur in the future.

Explanation:

E.L. Thorndike stated in 1898 that the Law of Effect in psychology is a behavioural term used to describe the attitude of humans towards positive responses. The Law of Effect states that the responses that produce a satisfying effect to a particular situation become more likely to occur again in  that situation and responses that produce a discomforting effect become less likely to occur again in that situation. This thus explains the situation when man's senses are programmed to positivity especially when it involves satisfaction.  It also means that when a positive thing occurs, there is a strong possibility that it will occur again.

8 0
3 years ago
Zoo Inc. is preparing its cash budget for March. The budgeted beginning cash balance is $21,000. Budgeted cash receipts total $1
sveticcg [70]

Answer: Please see answer below in the explanation column

Explanation:  Zoo Inc company's cash budget for November indicsating borrowing is given by

Cash balance, beginning $ 21,000

Add cash receipts 117,000

Total cash available--(Cash balance + cash receipts)= $138 ,000

Less cash disbursements $ 86,000

Excess (deficiency) of cash available over disbursements (The beginning balance plus the expected cash receipts less the expected cash disbursement)  ($ 21,000+$117,000)--$86,000 = $52,000

 Financing ($65,000 − $52,000)=  $13,000

Borrowings ----$100,000

Cash balance, ending ----$100,000+ $52,000 = $152,000(Burrowings + Excess cash available over disbursements)

6 0
3 years ago
It is important for modern firms to build and maintain ______ by conducting ethical and transparent transactions.
r-ruslan [8.4K]

The singular thing which is important for modern firms to build and maintain by conducting ethical and transparent transactions is:

  • Consumer trust

<h3>What is Consumer Trust?</h3>

This refers to the belief which a customer has in a particular business, usually because of its ethical and transparent practises.

With this in mind, we can see that if modern firms fail to build this consumer trust, then they stand the risk of losing their customer base to their competition.

Read more about consumer trust here:
brainly.com/question/1872126

4 0
3 years ago
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