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
Verdich [7]
4 years ago
8

Which of the following is a false statement regarding a Flexible Spending Account (FSA) (also known as a flexible spending arran

gement)?
A. The taxpayer does not have to pay taxes on money put into an FSA that he or she uses to pay for certain out-of-pocket health care costs
B. The taxpayer can use funds in his or her FSA to pay for copayments and deductibles
C. The taxpayer can use FSA funds to pay for insurance premiums
D. Employers may make contributions to the taxpayer’s FSA
Business
1 answer:
julsineya [31]4 years ago
5 0

Answer: C. The taxpayer can use FSA funds to pay for insurance premiums

Explanation:

The Flexible Spending Account (FSA) is very useful as it provides reimbursement for certain out-of-pocket health care cost and is not taxable saves people money.

However, even though FSA funds can be used to pay off deductibles and co-payments, taxpayers are not allowed to use it to pay insurance premiums.

You might be interested in
A nonprofit that helps low-income elderly people and their families navigate the health care system has been experiencing high t
Degger [83]

Answer:

The correct answer is the second option: Offer internship opportunities to college students getting degrees in social work.

Explanation:

To begin with, in the case that an organization is experiencing a situation like that where its entry-level workers have been experiencing a high turnoever then the proper action to take is to offer internship opportunities to college students getting degrees in social work due to the fact that those studets will be people just graduated and therefore that they will be looking for jobs with no intention of leaving the organization, so in that order the nonprofit should welcome those interns for training and later leave the best ones and they will not quite the job because they will not have nothing else.

8 0
4 years ago
Other than its main role of controlling the supply of money, the functions of the federal reserve include
Murljashka [212]

<span>The Federal supervises and regulates a lot of the nation’s banks to secure consumers.  It preserve the stability of the financial markets and constrains possible crises and it provides banking services to other banks, the U.S. government and foreign banks.  The Fed moderates long-term interest rates through open market operations and the fed funds rate. The goal of monetary policy is </span>healthy economic growth. That target is a 2-3 percent gross domestic product growth. 

6 0
3 years ago
What is the opportunity coast in using pi over npv?
salantis [7]

<span>Topics Reference Advisors Markets Simulator Academy</span>  Profitability Index<span>By Investopedia</span><span> SHARE </span><span> </span><span>                                     Chapter One                                     Chapter Two                                     Chapter Three                                     Chapter Four                                     Chapter Five                              </span><span>Chapter One Chapter Two Chapter Three Chapter Four Chapter Five</span><span><span>4.1 Net Present Value And Internal Rate Of Return4.2 Capital Investment Decisions4.3 Project Analysis And Valuation4.4 Capital Market History4.5 Return, Risk And The Security Market Line</span><span>4.1.1 Introduction To Net Present Value And Internal Rate Of Return4.1.2 Net Present Value4.1.3 Payback Rule4.1.4 Average Accounting Return4.1.5 Internal Rate Of Return4.1.6 Advantages And Disadvantages Of NPV and IRR4.1.7 Profitability Index4.1.8 Capital Budgeting</span></span>
A profitability index attempts to identify the relationship between the costs and benefits of a proposed project. The profitability index is calculated by dividing the present value of the project's future cash flows by the initial investment. A PI greater than 1.0 indicates that profitability is positive, while a PI of less than 1.0 indicates that the project will lose money. As values on the profitability index increase, so does the financial attractiveness of the proposed project.

The PI ratio is calculated as follows:

<span>PV of Future Cash Flows
</span>Initial Investment

A ratio of 1.0 is logically the lowest acceptable measure for the index. Any value lower than 1.0 would indicate that the project's PV is less than the initial investment, and the project should be rejected or abandoned. The profitability index rule states that the ratio must be greater than 1.0 for the project to proceed.

For example, a project with an initial investment of $1 million and present value of future cash flows of $1.2 million would have a profitability index of 1.2. Based on the profitability index rule, the project would proceed. Essentially, the PI tells us how much value we receive per dollar invested. In this example, each dollar invested yields $1.20.

The profitability index rule is a variation of the net present value (NPV) rule. In general, if NPV is positive, the profitability index would be greater than 1; if NPV is negative, the profitability index would be below 1. Thus, calculations of PI and NPV would both lead to the same decision regarding whether to proceed with or abandon a project.

However, the profitability index differs from NPV in one important respect: being a ratio, it ignores the scale of investment and provides no indication of the size of the actual cash flows.

The PI can also be thought of as turning a project's NPV into a percentage rate.

(Find some profitable ideas in <span>8 Ways To Make Money With Real Estate</span> and Outside The Box Ways To Get Money.)
4 0
3 years ago
Wallace Heating is attempting to estimate the production cost for heating ducts for the coming year using the high-low method. T
MakcuM [25]

Answer:

Variable cost per hour= $4.825

Explanation:

Giving the following information:

Wallace determines that the high and low costs are $25,830 and $18,414, respectively, and the values for the cost driver are 3,495 and 1,958 hours, respectively.

<u>To calculate the unitary variable cost under the high-low method, we need to use the following formula:</u>

<u />

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (25,830 - 18,414) / (3,495 - 1,958)

Variable cost per unit= $4.825

6 0
3 years ago
how do managers resolve problems related to transactions including cash, checks, debit cards, credit cards, discounts, layaway,
zhenek [66]

Answer:

Explanation:

In order to solve such problems the managers analyze the financial transactions in their systems. They first obtain the transaction number that the client received upon making the purchase. Then they find this transaction number in their system and analyze the numbers. If the transaction was a mistake or had an error they can reverse the transaction which would return the money to the client and move that transaction off of the confirmed transactions in the system.

3 0
3 years ago
Other questions:
  • Rafi offers a tour of Bay Harbor aboard his sailboat, Sea Siren, to Tiara’s Travel Group for $500. Referring to the prices for s
    13·1 answer
  • Your company has completed an audience analysis for the manual you are writing for users of a new accounting system. The manual
    9·2 answers
  • Which of the following is NOT correct? Multiple Choice Renting is usually less costly in the short run. Home ownership usually h
    14·1 answer
  • How do firms examine productivity?
    12·1 answer
  • 8. The right square pyramid shown below has a base measuring 9 inches on each side and a height of 15
    15·1 answer
  • Please help me with is intro lab​
    8·1 answer
  • The Lunch Counter is expanding and expects operating cash flows of $32,500 a year for seven years as a result. This expansion re
    11·1 answer
  • I Will give brain if u give one to me
    13·1 answer
  • se the information below for Harding Company to answer the question that follow. Harding Company Accounts payable $31,226 Accoun
    15·1 answer
  • Which employee is most likely to have a pension plan?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!