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3 years ago

What is the difference between a co-payment and co-insurance?

1 answer:

4 0

A copay is a set rate you pay for prescriptions, doctor visits, and other types of care. Coinsurance is the percentage of costs you pay after you've met your deductible.

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Manning Company uses the percentage of receivables method for recording bad debts expense. At the end of the year (before adjust

Lynna [10]

Answer:

c) $22,000

Explanation:

Find the attachment below

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3 years ago

Bridle Inc. issues $300,000, 10-year, 8% bonds at 98. Prepare the journal entry to record the sale of these bonds on March 1, 20

Klio2033 [76]

Answer:

Cash 294,000 debit

discount on BP 6,000 debit

Bonds payable 300,000 credit

--to record issuance of bonds--

Explanation:

We multiply the face value by the issuance quote over 100

300,000 x 98/100 = 294,000

Then, the difference will be considered discount as the bond were issued below their face value

300,000 - 294,000 = 6,000

We are going to debit cash for the amount collected and then, debit the discount to adjust the bonds payable to the carrying value of 294,000

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4 years ago

Your grandfather wants to establish a scholarship in his father’s name at a local university and has stipulated that you will ad

algol13

Answer: The correct answer is $333,333.33

Explanation: Perpetuity is a cashflow that is payable or receivable forever.

In calculating the present value of a Perpetuity, the cash flow will be divided by the rate.

That is $15,000/ 4.5%

=$15,000/ 0.045

=$333,333.33

The money to be set aside now to be able to pay $15,000 every year is $333,333.33

8 0

4 years ago

Budgeted Sales for January: 8,000 Units Budgeted Sales for February: 10,000 Units Budgeted Sales for March: 12,000 Units Beginni

blondinia [14]

Answer:

Production= 10400 units

Explanation:

Giving the following information:

Budgeted Sales for January: 8,000 Units

Budgeted Sales for February: 10,000 Units

Budgeted Sales for March: 12,000 Units

Beginning Finished Goods for January: 3,000

Units Pevensie Inc. plans to have an ending finished goods inventory of 20% of next month's projected sales.

We will assume that the ending finished goods of January reaches 20% required for February.

<u>February:</u>

(+)Budgeted Sales for February= 10,000 Units

(+)Ending finished goods= 12000*0,20= 2400 units

(-)Beginning finished goods inventory= 2000 units

Production= 10000+2400-2000= 10400 units

8 0

3 years ago

When a firm invests directly in a business or venture in another country, it is called ______.

pshichka [43]

When a firm invests directly in a business or venture in another country, it is called FDI.

A form of private equity financing known as venture capital (VC) is given by venture capital funds or organizations to startups, early-stage, and developing businesses that have been identified as having a high growth potential or that have already shown a high growth rate (in terms of number of employees, annual revenue, scale of operations, etc). These early-stage businesses are funded by venture capital firms or funds in exchange for equity, or ownership stakes.

In the hopes that some of the businesses they support will succeed, venture capitalists take on the risk of financing hazardous start-ups. Startups face a lot of uncertainty, and VC investments frequently fail.

Learn more about venture here:

brainly.com/question/28462236

#SPJ4

4 0

1 year ago