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3 years ago

Why is it important to understand which insurance network you are in

Business

1 answer:

spin [16.1K]3 years ago

8 0

Answer:

Because different insurance networks provide seperate benefits. For example a health insurance provider would give you injury-related insurances etc.

You might be interested in

Fox company’s static budget shows $40,500 budgeted for direct materials, $54,000 budgeted for direct labor, and $13,500 budgeted

Elis [28]

Answer:

correct option is D : $1,200, favorable

Explanation:

given data

direct materials = $40,500

direct labor = $54,000

overhead = $13,500

actual direct materials = $42,000

actual direct labor = $51,000

actual overhead = $13,800

to find out

total difference between the static budget and actual and difference favorable or unfavorable

solution

we know that If the actual is less than budget that is favorable condition

and If the actual are more than the budgets, it is called as unfavorable condition

so here

Budgets Actual Condition

Direct Materials 40500 42000 1500 unfavorable

Direct Labors 54000 51000 3000 favorable

Overheads 13500 13800 300 unfavorable

so that Total Difference and Condition = 1200 favorable

so correct option is D : $1,200, favorable

8 0

4 years ago

A relevant cost is:_______.

NNADVOKAT [17]

Answer:

b. A cost that differs across decision alternatives.

Explanation:

When managers make business decisions, some costs are incurred when such decisions are made. They are called relevant cost. The main purpose of relevant cost is to avoid duplication of data that are not necessary, which could further make business decisions complicated.

Example of relevant cost is when a business or an organization checks whether or not to sell a business unit. The cost incurred in such decision is called relevant cost.

3 0

3 years ago

Hillary graduates from law school and gets a position in a law firm. At the same time the price of hamburger falls while other f

LiRa [457]

Answer:

no, since other things are not held constant, including her income

Explanation:

The law of demand states that price has an inverse relationship with quantity demanded of a good. As price increases the demand reduces, and as price decreases quantity demanded increases.

However this is true when all other factors reman constant.

In the given scenario the price of hamburger has fallen but Hilary buys less of it. This looks like a violation of the law of demand, but her income has changed so the law of demand may not hold here.

All factors do not remain constant.

Hilary's behaviour can be explained by the concept income effect. Where an increase in income leads to the consumer buying more of expensive goods than cheaper ones.

5 0

3 years ago

Kelly Enterprises' stock currently sells for $35.25 per share. The dividend is projected to increase at a constant rate of 4.75%

Kitty [74]

Answer:

The answer is option e. $44.46

Explanation:

The stock's expected price after 5 years can be expressed as;

FV=CV(1+RRR)^n

where;

FV=future value of stock/expected price after 5 years

CV=current price of stock

DGR=dividend growth rate

n=number of years

In our case;

FV=unknown

CV=$35.25 per share

DGW=4.75%=4.75/100=0.0475

n=5 years

replacing;

FV=35.25(1+0.0475)^5

FV=35.25(1.0475)^5

FV=44.46

5 0

3 years ago

Suppose the United States decides to reduce export subsidies on U.S. agricultural products, but it does not decrease taxes or in

Ann [662]

Answer:

1. Decrease, increase

2. Supply curve shifts to the right

3. NCO will rise

4. Real exchange rate falls and net exports rises

Explanation:

Fiscal deficit occurs when government spending's exceed government revenue. When the government lowers its export subsidies while keeping other spending's and taxes unchanged, it leads to a fall in the fiscal deficit.

1. However, the reduction in expenditure on export subsidies decreases the fiscal deficit, thereby increases public savings.

2. As public savings increase it leads to an increase in funds available to be loaned out. So the supply curve for loanable funds will shift to the right from S1 to S2. This will lead to a fall in the interest rate.

3. As we know that net capital outflow is inversely related to the interest rate. A fall in the interest rate above will lead to a rise in net capital outflow.

4. When net capital outflow increases, people move funds out of the country. Thus, supply of dollars will increase. While demand for dollars has remained unchanged, it leads to a fall in the real exchange rate. As exchange rate falls, the equilibrium level of net exports will rise.

3 0

3 years ago