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3 years ago

15

Which of the following types of insurance allows individuals to keep a former employer's group coverage for a set period of time

?
COBRA
Individual health insurance
Hospital indemnity policy
Group health insurance

1 answer:

nordsb [41]3 years ago

6 0

Answer:

group health insurance

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DS Unlimited has the following transactions during August.

m_a_m_a [10]

Answer:

See the journal entries below.

Explanation:

The journal entry will look as follows:

<u>Date Account and explanation Debit ($) Credit ($) </u>

Aug 6 Inventory (50 * $100) 5,000

Account payable 5,000

<u><em> (To record inventory purchased on account.) </em></u>

Aug 7 Inventory 300

Cash 300

<em><u> (To record payment of freight charges associated with the August 6 purchase.)</u></em>

Aug 10 Account payable (5 * $100) 500

Inventory 500

<u><em> (To record the returns of defective five game devices to GameGirl.)</em></u>

Aug 14 Account payable (w.1) 4,500

Cash (balancing figure) 4,455

Inventory (w.2) 45

<u><em> (To record the payment of the full amount due to GameGirl.) </em></u>

Aug 23 Account receivable (30 * $120) 3,600

Sales revenue 3,600

Cost of goods sold 3,170

Inventory 3170

<u><em> (To record the Sales and cost of 30 game devices purchased on August 6.) </em></u>

<u>Workings:</u>

w.1. Account payable = Purchases on account on August 6 - Defective inventory returned on August 10 = $5,000 - $500 = $4,500

w.2. Inventory = Discount received on account payable for paying within 10 days = w.1 * 1% = $4,500 * 1% =$45

7 0

2 years ago

The _____ is a 1969 agreement among bolivia, chile, ecuador, colombia, and peru to establish a customs union.

MariettaO [177]

Andean Pact, I believe it the correct answer! Hope it helps!

5 0

2 years ago

The financial staff of Cairn Communications has identified the following information for the first year of the roll-out of its n

salantis [7]

Answer: $12,500,000

Explanation:

Sales = $24,000,000

Less: Operating cost = $9,000,000

Less,l: Depreciation = $5,000,000

Earning before interest and tax = $10,000,000

Less: Tax at 25% EBIT = $2,500,000

Net income before interest = $7,500,000

Add: Depreciation = $5,000,000

Operating cashflow = $12,500,000

6 0

2 years ago

If Keynes’ law applies during economic contractions and Say’s law applies during economic expansion, how will the three goals of

Lelu [443]

Answer:

Answer is option a, i.e. trade-offs and connections may differ in short run and the long run.

Explanation:

Keynes' law in economics and Say's law in economics are contradictory in their perspective. Where Keynes' law says that it is the demand that creates the supply, on the other hand, Say's law states that its the supply that tends to create the demand. But, we cannot neglect any of the above facts as demand and supply cant operate independently. So, on combining the two laws, we happen to take both the given laws into account. Also, it is found that Keynes' law is more appropriate and accurate for the short-run whereas, Say's law is for the long run. This thus creates trade-offs and connections that differ in the short-run and long-run by affecting the three important goals of macroeconomics, i.e. higher standard of living, low inflation, and low unemployment.

8 0

3 years ago

If a firm adheres strictly to the residual dividend policy, then if its optimal capital budget requires the use of all earnings

ikadub [295]

Answer: (b).no dividend to common stakeholders.

Explanation: The firm should pay no dividend to common stakeholders because the optimal capital requires the use of all their earnings for a given year.

3 0

3 years ago