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Vladimir [108]
3 years ago
12

Oliver's long-term care policy covers only services in a nursing facility and pays nothing for services provided at home or in t

he community. What kind of LTC policy does Oliver own?
Business
1 answer:
ch4aika [34]3 years ago
3 0

Question options:

a. facility-challenged

b. substandard

c. tier 1

d. noncomprehensive

Answer:

d. noncomprehensive

Explanation:

Oliver has a noncomprehensive long term care(LTC). A non comprehensive long term care is policy that restricts services to the ones provided at a nursing facility, and so Oliver pays for the benefits of only the services of a nursing facility . It is different from a comprehensive long term care where services cover and can be provided at an adult day care, home, assisted living facilities, or at nursing facilities.

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Stewart Inc.'s latest EPS was $3.50, its book value per share was $22.75, it had 220,000 shares outstanding, and its debt-to-ass
stellarik [79]

Answer: Option (c) is correct.

Explanation:

Given that,

EPS = $3.50

Book value per share = $22.75

Shares outstanding = 220,000

Debt-to-assets ratio = 46%

Total Equity (Book Value) = Book value per share × Shares outstanding

                    = $22.75 × 220,000

                    = $5,005,000

Total Assets = \frac{Total\ Equity}{1 - Debt\ to\ assets\ ratio}

                     =  \frac{5,005,000}{1 - 0.46}

                     = $9,268,518.52

Debt outstanding = Total Assets - Total Equity

                              = $9,268,518.52 - $5,005,000

                              = $4,263,518.52

                              = $4,263,519 (approx)

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3 years ago
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3 years ago
Lydia owns a fashion store for women, and her main focus is on providing quality customer service. The staff is trained to treat
elena55 [62]

Answer:

D) normative control.

Explanation:

In this case, Lydia is using normative control so as to train her staffs to treat customers with utmost care and provide them with reliable fashion advice.

In order to achieve this, Lydia carefully chooses her staff and appoints people who are attentive, friendly, and have a good fashion sense.

Normative control is a strategy that governs the behavior of employees through the use of beliefs and values called norms rather than the written procedures and policies.

8 0
3 years ago
Read 2 more answers
For the following, mark a "D" if the following account normally has a debit balance and mark a "C" if the following account norm
otez555 [7]

1.Notes Payable  D

2. Mortgage Payable D

3. Drawing D

4.Accounts Receivable C

5. Capital C

6. Rent Revenue C

7. Unearned Revenue C

8. Utility Expense D

9. Automobiles

Explanation:

1.Notes Payable  D

2. Mortgage Payable D

3. Drawing D

4.Accounts Receivable C

5. Capital C

6. Rent Revenue C

7. Unearned Revenue C

8. Utility Expense D

9. Automobiles

  • A debit is an accounting entry that may either increases an asset or expense account,
  • It also decreases a liability or equity account.
  • A credit is an accounting entry that may either increases a liability or equity account,
  • It also decreases an asset or expense account.
7 0
3 years ago
1. Fiscal policy refers to A. the behavior of the nation's central bank, the Federal Reserve, regarding the nation's money suppl
Vladimir [108]

Answer: D. The spending and taxing policies used by the government to influence the economy

Explanation:

Fiscal policy is simply the application of government spending/expenditures and revenue/taxing policies to influence the economy of a nation.

8 0
3 years ago
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