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Elena L [17]
3 years ago
10

An employee insured under a group health plan has been paying $25 monthly premium for his group health coverage. The employer ha

s been contributing $75, for the total monthly cost of $100. If the employee leaves the company, what would be his maximum monthly premium for COBRA coverage
Business
1 answer:
horrorfan [7]3 years ago
4 0

Answer:

$102

Explanation:

Calculation to determine would be his maximum monthly premium for COBRA coverage

Based on the information given The employer will have to obtain a PREMIUM from the employee that was TERMINATED at a rate that is NOT HIGHER THAN 102% of the individual's GROUP PREMIUM RATE.

Hence;

Maximum monthly premium for COBRA coverage= 102% * $100

Maximum monthly premium for COBRA coverage=$102

Therefore would be his maximum monthly premium for COBRA coverage is $102

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g Financial statements are linked within and across periods in that a) The income statement and the balance sheet are linked via
Annette [7]

Answer:

Financial statements are linked within and across periods in that

d) All of the above.

Explanation:

The linkage of all the financial statements can be traced to how they share interconnected information about the financial position and performance of an entity.  The three more prominent financial statements include the income statement for the period, the statement of cash flows, and the balance sheet.  While the income statement shows the financial performance by determining the profitability, the statement of cash flows concentrates on the inflow and outflow of cash, and the balance sheet shows the financial position, disclosing the assets, liabilities, and equity balances.

7 0
3 years ago
Why is the pacific rim seen as an important link in the global economy?
Phoenix [80]
It is a great place for trade, because is on the border of a country. It also has water, which a resource. It is a highway for world trade.
4 0
4 years ago
Abraham drinks Mountain Dew. He can buy as many cans of Mountain Dew as he wishes at a price of $0.55 per can. On a particular d
Brrunno [24]

Answer:

It will purchase 3 cans

total consumer surplus    0.70

Explanation:

the market price is 0.55

It will purchase up to three cans. the fourth can he is willing to purchase at 0.40 but the price is 0.55 so it won't trade for that one.

<u>consumer surplus:</u>

difference between the amounts he was willing to pay for each unit and the market price:

first can        0.95 - 0.55 = 0.40

second can 0.80 - 0.55 = 0.25

third can      0.60 - 0.55 = 0.05

total consumer surplus    0.70

5 0
3 years ago
Eagle Company reported Salaries and Wages Payable of $810 at the beginning of the year and $2,620 at the end of the year. The in
nikitadnepr [17]

Answer:50,000

Explanation:

7 0
3 years ago
What factors are used in the rule-of-thumb methods to determine the communication budget?.
xz_007 [3.2K]

Prior sales and communication activities

To determine the current communication budget, rule-of-thumb methods use prior sales and communication activities. These methods are simple to implement, but they do have some limitations.

<h3>What is rule-of-thumb?</h3>

A rule-of-thumb is a heuristic guideline that gives simplified counsel or a fundamental rule-set for a certain subject or course of action. It is a broad principle that provides specific directions for completing or performing a task. Generally, rules of thumb emerge from practice and experience rather than scientific study or a theoretical underpinning.

To learn more about rule-of-thumb from given link

brainly.com/question/943703

#SPJ4

4 0
2 years ago
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