Joann, most likely, has Point of Services type of insurance plan. There are six types of the insurance health plans that differs by their premium and benefit. The HMO plan, the PPO plan, the EPO plan, and the Point-of-Service Plan (POS) are the types of insurance plan that shares a similar benefit. However, the POS plan gives the most freedom in term of health providers. Thus, POS plan is the most suitable answer.
Answer:
(a) Decrease in accounts receivable
(g) Depreciation expense
Explanation:
Operating activities: It involves those transactions that after net income impact the working capital. This will subtract the rise in current assets and a reduction in current liabilities, while adding the decline in current assets and a rise in current liabilities.
It will manage some adjustments in working capital. For addition, the depreciation expenses are added to the net profit and the loss on the selling of assets is added, while the benefit on the sale of assets is deducted
Based on the above explanation, the items which are to be added in the operating activities are
(a) Decrease in account receivable
(g) depreciation expense
Out of all Other items would be deducted and all other items belong to investing and financing activity
Answer:
A. The amount of fixed overhead deferred in inventories is $60,000
Explanation:
Unit product cost
Year 1 Year 2
Direct materials $12 $12
Direct labor $5 $5
Variable manufacturing
overhead $5 $5
Fixed overhead
$48 $36
($432,000 ÷ 9,000) ($432,000 ÷ 12,000)
unit product cost $70 $58
Fixed overhead deferred (1,000 × $48) $48,000
Fixed overhead released -$48000
Fixed overhead deferred (3000 × $36) $108,000
Net $48,000 $60,000
The amount of fixed overhead deferred in inventories is $60,000
Answer:
20,000 shares
Explanation:
The computation of given question is shown below:-
Dilutive number of shares:-
Proceeds from the options issue = 50,000 × $15
= $750,000
Shares issued = 50,000
Treasury shares purchased from proceeds of the options
= ($750,000 ÷ $25)
= 30,000
Dilutive number of shares outstanding = Shares issued - Shares purchased back
50,000 - 30,000
= 20,000 shares
Answer:
Winners
- 3rd National, a bank that loaned many people money for home purchases.
Losers
- Karen, a retired school teacher that relies upon her fixed pension to pay for her expenses.
- Herb, who keeps his savings in an old coffee can.
- Joy, who has borrowed $40,000 to pay her college education.
- The US federal government which had almost $15 trillion in debt in 2011.
Explanation:
When unexpected inflation occurs, the usual plan to by Monetary Institutions of a country is raising the interest rates.
By doing that, they want to stop it or slowly decelerate it.
So that it becomes more expensive to take a loan, the idea is to reduce consumption.
In Economics, it's a bad scenario after all. Few winners. Many losers.
So, let's examine them
Winners
- 3rd National, a bank that loaned many people money for home purchases.
At first, The 3rd National is going to be winning since the value of the debt will rise, depending on the type of contract and an increase in the interest rate will demand corrections on the monthly payments. But on the other hand, the number of default clients and overdue installments will raise for sure.
Losers
- Karen, a retired school teacher that relies upon her fixed pension to pay for her expenses.
Inflation reduces the real buying value of her checks. And her pension can't grow otherwise this will feed the inflation too.
- Herb, who keeps his savings in an old coffee can.
Since his money is not invested then He's not having any earning that might give him some compensation. So his money is even more devalued.
- Joy, who has borrowed $40,000 to pay her college education.
Depending on the contract Joy might be sleepless. Either her monthly payments will become more expensive or She may experience difficulties because of the weekly growing prices.
- The US federal government had almost $15 trillion in debt in 2011.
Certainly, the president and his secretary will have to address the fact that due to inflation and the chosen medicine make the nation's debt up to the sky. They must renegotiate the payment deadlines.
