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Bernice’s has $823,000 in sales. The profit margin is 4.2 percent and the firm has 7,500 shares of stock outstanding. The market

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8 0

3 years ago

which protects tricare beneficiaries from devastating financial loss due to serious illness or long-term treatment by establishi

Ipatiy [6.2K]

The factor that protects Tricare beneficiaries from devastating financial loss due to serious illness or long-term treatment by establishing limits over which payment is not required is known to be called catastrophic cap benefit.

<h3>What is catastrophic cap benefit?</h3>

The catastrophic cap is known to be a word that connote the highest or maximum a person and their family can be able to pay so that they can be able to covered TRICARE health care services in all of the calendar year.

Note that this is known to be a plan that tends to protects a person due to the fact that it lowers the amount in terms of the out-of-pocket expenses a person need to pay for TRICARE covered medical services.

Therefore, The factor that protects Tricare beneficiaries from devastating financial loss due to serious illness or long-term treatment by establishing limits over which payment is not required is known to be called catastrophic cap benefit.

Learn more about catastrophic benefit from

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3 0

1 year ago

Explain the result of the violation of patent protection illustrated in the scenario below.

lesya692 [45]

<h2>Luke cannot sell the product because patent is already been issued to the similar product.</h2>

Explanation:

According to the given scenario, Luke though he is an inventor and he has created a product which is similar to already patented, Luke is not allowed to sale based on the patent rule.

Since there is a patent right obtained by someone for similar product, then what Luke is trying to do is against the Patent law.

Luke cannot prove that he already had an idea. Any law always needs a proof than a statement.

Luke may be punishable under the patent law if he tries to sell his invention.

6 0

3 years ago

On January 1, Year 1, Marino Moving Company paid $48,000 cash to purchase a truck. The truck was expected to have a four year us

Ede4ka [16]

Answer:

Account Titles Debit Credit

Depreciation Expense 10,000

Accumulated Depreciation 10,000

Explanation:

Depreciation is the actual decrease in the value of an asset. The asset is depreciated on its useful life on by a fixed percentage of carrying value.

Original Cost of Truck = $48,000

Estimated useful Life = 4 years

Estimated Salvage Value = $8,000

Formula for straight line depreciation is

Depreciation per year =( Cost of Asset - salvage value ) / useful life

Depreciation per year = ( $48,000 - $8,000 ) / 4 years

Depreciation per year = 10,000 per year

$10,000 will be charged every year for 4 years.

8 0

2 years ago

A bakery sold apple pies for $11 and blueberry pies for $13. one saturday they sold a total of 38 pies and collected a total of

Nimfa-mama [501]

So first you know that if a is apple pies and b is blueberry that
$460=11a+13b in terms of price and you also know that the number
a+b=38
I solved that for either a or b (I chose a)
So
A=38-b
Them I plugged it in to the money equation to solve for b
460=11(38-b)+13b
460=418-11b+13b
460=418+2b
42=2b
B=21
Therefore you can do 38(total pies)-21(what b equals) to find the apple pies which would be 17 so a=17
Therefore the answer is B (17 apple and 21 blueberry)

5 0

2 years ago

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