3. Describe a time when you or someone you know experienced stress. What was the

You have a minor medical policy with a $500 deductible and an 80/20 co-insurance (co-pay) feature with a CAP of $15,000. If you

fenix001 [56]

Answer:

$40,500

Explanation:

The computation of the bill payment paid by the insurance is shown below"

= Medical bill incurred cost × percentage given + deductible amount

= $50,000 × 80% + $500

= $40,000 + $500

= $40,500

We simply added the medical bill insured cost based on the percentage and the deductible amount so that the accurate amount can come

5 0

3 years ago

Even in these times of social media and digital content some of the old ways of promotion can still be effective. Identify two s

inna [77]

Answer:

Newspaper Advertising

STRENGHTS:

I. Wide reach/coverages

II. Cheap and easily affordable

WEAKNESS:

I. Can easily be destroyed

II. Iliterates can not be able to read its contents.

TELEVISION

STRENGHTS

I. Wider reach/coverage

II. Very attractive and understandable.

WEAKNESSES

I. Very expensive to maintain

II. May not be available to the poor.

DIRECT MAIL

STRENGHTS

I. Focused audience

II. High response rate

WEAKNESSES

I. Too expensive to maintain

II. May not have a wide reach.

RADIO

STRENGHTS

I. Wider reach/coverage

II. Easily accessible and affordable

WEAKNESSES

I. Expensive to maintain especially to the advertising organisation

II. Signal/connection issues.

MAGAZINE

STRENGHTS

I. attractive with colorful eye-catching pictures

II. Can easily understood by users.

WEAKNESSES

I. Magazines are usually very expensive than newspapers

II. Can easily be destroyed.

OUTDOOR DISPLAY

STRENGHTS

I. Very attractive with eye-catching pictures

II. Easily accessible with wider reach.

WEAKNESSES

I. Very expensive to maintain

II. Not focused/ not targeted at audience.

III. Waste coverages

Explanation:

Advertisement agencies are utilising several means of communication and marketing to their customers as described above those means has been fully utilized.

Newspaper Advertising is very affordable and can be easily accessible to the local population while it is easier to destroy or misplaced and also it can not be utilised by illustrates who can not read.

Television advertising is one of the most attractive as it contains pictures that can be attractive to its audience and also it has a wide coverage, it also has certain weaknesses which includes the cost of maintaining etc.

Outdoor advertising is also very attractive to the audience and it has a wide coverage as everyone making use of road can be easily reached. Some of the weaknesses of outdoor advertising includes the cost of sustaining it and also waste coverages as many audience may not need or desire the product being displayed.

8 0

3 years ago

On October 25, 2019, the company paid $29,400 rent in advance for the six-month period (November 2019 through April 2020). On De

enot [183]

Answer:

Rent expense (Dr,) $9,800

Prepaid Rent $9,800

Explanation:

The accrual concept of accounting requires us to record the expenses in a period in which they are incurred rather than when cash is paid. When the company paid advance rent of six months at the end of October, it will record a current asset (Unexpired resource) on the face of balance sheet. At the end each accounting period, it is required to expense out the resources (benefits) that are expired (utilized). This can be done through straight-line method. So, on December 31, 2019, the rent expense of two months that is of November and December should be charged to profit and loss statement in-order to record the expense of related period.

Workings

Rent expense per month = 29,400 / 6 = $4,900.

⇒ Rent expense of two months = 4,900 * 2 = $9,800.

This amount should be written off and the required adjusting entry is:

Rent expense (Dr,) $9,800

Prepaid Rent $9,800

4 0

4 years ago

Suppose 40 percent of all potential workers are highly skilled and contribute $50,000 to the firm each year. The remaining 60 pe

lukranit [14]

Answer:

The firm willing to pay a worker chosen at random an amount of $38,000.

Explanation:

This can be calculated as follows:

Amount the firm is willing to pay = (40% × $50,000) + (60% × $30,000) = $20,000 + $18,000 = $38,000.

Therefore, the firm is willing to pay a worker chosen at random an amount of $38,000.

3 0

3 years ago

Scottie adams bird supplies issued 10% bonds, dated january 1, with a face amount of $240,000 on january 1, 2018. the bonds matu

notka56 [123]

The answer is : $ 212,471.00

Given the Factors :
PV of annuity due of $1: n = 20; i = 6% is 12.15812
PV of ordinary annuity of $1: n = 20; i = 6% is 11.46992
PV of $1: n = 20; i = 6% is 0.31180

$12,000.00 × 11.46992* = $ 137,639.00
$240,000.00 × 0.31180** = 74,832.00
$137.639+$74,832.00 = $ 212,471.00

8 0

4 years ago