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Lina20 [59]
4 years ago
8

You often find that employees choose a health care plan without carefully considering their options. In fact, sometimes employee

s realize they are spending too much for health care or that they lack health care options, and they end up blaming you for not informing them sufficiently of their options ahead of time. You want employees to attend the fair and take the time to carefully weigh their options. Which of the following statements is most likely to attract employees to the fair to do so?
A. This presentation helps you choose which of the five health insurance options works best for your family.
B. This presentation discusses the relative benefits and costs of each health care option.
C. In this presentation, we provide you with the answers you need about the five health insurance options.
Business
1 answer:
kupik [55]4 years ago
8 0

Answer: This presentation helps you choose which of the five health insurance options works best for your family.

Explanation:

From the question, we are informed that employees usually choose a health care plan without carefully considering their options and they end up blaming someone else for not informing them sufficiently of their options ahead of time.

Due to this reason, the person want the employees to attend a fair and take the time to carefully weigh their options. Of the options given, the correct answer is that "this presentation helps you choose which of the five health insurance options works best for your family".

Emphasis is been placed on choice as the employees can choose what works best for them. A simple language is also used to pass the message across.

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Power Drive Corporation designs and produces a line of golf equipment and golf apparel. Power Drive has 100,000 shares of common
iVinArrow [24]

The preparation of the stockholders' equity section of the balance sheet for Power Drive Corporation as of December 31, 2024, is as follows:

Power Drive Corporation

<h3>Stockholders' Equity Section</h3>

As of December 31, 2024

Common Stock, 163,000 shares at $1 par value  $163,000

Treasury Stock, 2,900 shares at $1 par value          (2,900)

Additional Paid-in Capital                                      8,851,700

Retained Earnings                                                 3,081,400

Total equity                                                       $12,093,200

<h3>Data and Calculations:</h3>

Beginning balances in stockholders' equity accounts on January 1, 2024:

Common Stock, $100,000

Additional Paid-in Capital, $5,300,000

Retained Earnings, $2,800,000

Net income for the year ended December 31, 2024, = $680,000

<h3>Transaction Analysis:</h3>

March 1 Cash $3,780,000 Common Stock $63,000 Additional Paid-in Capital $3,717,000

May 10 Treasury Stock $5,800 Additional Paid-in Capital $359,600 Cash $365,400

June 1 Cash dividend $398,600 ($1.90 x 157,200) Dividends Payable $398,600

July 1 Dividends Payable $398,600 Cash $398,600

October 21 Cash $197,200 Treasury Stock $2,900 Additional Paid-in Capital $194,300

<u>Summary Accounts</u>

<h3>Retained Earnings Statement:</h3>

Beginning balance $2,800,000

Net income                  680,000

Dividends                    (398,600)

Ending balance       $3,081,400

<h3>Common Stock:</h3>

Beginning balance    $100,000

March 1 Cash                 63,000

Ending balance         $163,000

<h3>Additional Paid-in Capital, </h3>

Beginning balance  $5,300,000

March 1 Cash               3,717,000

May 10 Cash                (359,600)

Oct. 21  Cash                 194,300

Ending balance       $8,851,700

<h3>Treasury Stock:</h3>

May 10 Cash                $5,800

Oct. 21  Cash                (2,900)

Ending balance          $2,900

Learn more about the stockholders' equity section at brainly.com/question/14032844

#SPJ1

4 0
2 years ago
The partnership of Brandon and Ryan is being liquidated. All gains and losses are shared in a 3:1 ratio, respectively. Before li
Travka [436]
The answers are the following:
a. 
Brandon:
$7,000 + [($10,000/4)×3¿= $8,500
Ryan:
$7,000 + [($10,000/4)×1¿= $7,500

b.
Brandon $7,000
Ryan <span>$7,000</span>
6 0
3 years ago
Bad debts expense is estimated by the percent-of-sales method. The management estimates that 3% of net credit sales will be unco
Hoochie [10]

Explanation:

Total Sales = 75,000

Bad debt = 75,000*3%  =  2250

Entry:                                                                  Debit            Credit

Bad debt expense                                              2250

Allowance for Doubtful debt                                                  2250

8 0
4 years ago
Vital Silence Corp. has just issued a 30-year callable, convertible bond with a coupon rate of 6.4 percent and annual coupon pay
Aleks04 [339]

Answer:

a. $880.74

b. 13 years

Explanation:

a.  Conversion ratio = Current Value of bond / Conversion price  = 1,000 / 93.4 = 10.71

Conversion price of bond = 10.71 × 28.60  = $306.31

Coupon = Par value of bond * Coupon rate  = $1,000 * 6.4% = $64

Present value of straight debt is calculated below:

Present Value = $64 × [1-(1+7.4%)^-30 / 7.4%] + [$1,000 / (1+7.4%)^30]

= $64*11.93 + $117.46

= $763.28 + $117.46

= $880.74 .

Therefore, the minimum value of bond is $880.74

b. Conversion ratio = 10.71

Current stock price = $28.6

Suppose number of year the stock will take to reach above $1,140 is t.

Conversion value = Current stock price * Conversion ratio*(1+10.8%)^t

$1,140 = $28.6 * 10.71 * (1.108)^t

(1.108)^t = 3.7218

t = 12.8145 year.

t = 13 years

8 0
3 years ago
Taha Company purchased $8,000 of inventory under terms FOB destination. Freight cost amounted to $200. The cost of inventory and
Elza [17]

Answer:

Explanation:

The company must record the acquisition of that inventory, including all the expenses related to the purchase and logistics, up to have them placed in the company´s warehouse.

Therefore, the journal entry to record those transactions are:

Dr  Inventory       8,200

Cr  Cash                              8,200

Notice that freight costs are not considered expenses in this case, as they are capitalized being part of the inventory cost.

<u>Income Statement</u>:  no change

<u>Balance Sheet</u>:   Inventory increased by $ 8,200

                            Cash decreased by $ 8,200

                            <u>Net change</u>:  $ 0

3 0
3 years ago
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