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3 years ago

With disability income insurance, benefits usually begin:

Business

2 answers:

Alexxx [7]3 years ago

7 0

Answer:

between 30 and 90 days after the disability occurs.

Explanation:

If you are eligible for Social Security disability benefits there is a waiting period of 1 to 3 months before your benefits begin

If you receive work compensation or disability benefit payments, you can reduce Social Security benefits for you and your family.

Public disability benefit payments paid under a federal, state or local government law may affect your Social Security benefit. This includes civil service disability benefits, state temporary disability benefits and state or local government retirement benefits based on disability. Disability payments from private sources, such as a private pension or insurance benefits, do not affect your Social Security disability benefits. However, in some cases, private disability insurers may require you to apply for Social Security disability benefits before being paid. You may want to verify to know the policy of your private insurer.

vladimir2022 [97]3 years ago

4 0

Between 30 and 90 days after the disability occurs

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Sundance Systems has the following transactions during July.

inn [45]

Answer:

Jul-05 Dr Inventory $118,800

Cr Accounts Payable $118,800

Jul-08 Dr Accounts Payable $5,400

Cr Inventory $ 5,400

Jul-13 Dr Accounts Payable $ 113,400

Cr Cash $108,864

Cr Inventory $4,536

Jul-28 Dr Accounts receivables $ 134,400

Cr Sales revenue $ 134,400

Jul-28 Dr Cost of Goods Sold $108,864

Cr Inventory $108,864

Explanation:

Preparation of the journal entry to Record the transactions of Sundance systems, assuming the company uses a perpetual inventory system

Jul-05 Dr Inventory $118,800

Cr Accounts Payable $118,800

(44 LCDs x $2700)

(Being to record inventory purchased on account)

Jul-08 Dr Accounts Payable $5,400

Cr Inventory $ 5,400

(2 LCDs x $2700)

(Being to record inventory returned that were defective)

Jul-13 Dr Accounts Payable $ 113,400

(42 LCDs x $ 2700)

Cr Cash $108,864

($ 113,400-$4,536)

Cr Inventory $ 4,536

(42 LCDS x $ 2700 x 4%)

(Being to record Amount paid within discount term of 10 days)

Jul-28 Dr Accounts receivables $ 134,400

[42 LCDs x $ 3200]

Cr Sales revenue $ 134,400

(Being to record Inventory sold)

Jul-28 Dr Cost of Goods Sold $108,864

(42 LCDS x $ 2700 x 96%)

Cr Inventory $108,864

(Being to record Cost of inventory sold adjusted)

4 0

2 years ago

A telephone customer service center wants to ensure that the majority of its customers’ calls are answered within a reasonable a

mr_godi [17]

Answer:

The Capability Index for this process is 1.04. The right answer is B

Explanation:

According to the given data we have the following:

μ = 31 Seconds

USL = 45

LSL = 10

Standard deviation σ= 4.5

Therefore, in order to calculate the Capability Index for this process we would have to use the following formula:

Cpk=Min( USL-μ , μ- LSL)

3×σ 3×σ

Cpk=Min( 45-31 , 31- 10)

3×4.5 3×4.5

Cpk = Min ( 1.04,1.56) = 1.04

The Capability Index for this process is 1.04

7 0

3 years ago

The assets of Prosian Italia, a marble and granite company, amount to $400 million, and its liabilities add up to $180 million.

Kobotan [32]

Answer:

$220 million

Explanation:

According to given information in question:

Assets = $400 million

Liabilities = $180 million

Accounting Equation:

Assets = Equity + Liabilities

$400 million = Equity + $180 million

Equity = $400 million - $180 million

Equity = $220 million

Based on the accounting equation, Prosian Italia's owners' equity is equal to $220 million.

4 0

3 years ago

Suppose that businesses buy a total of $170 billion of the four resources (labor, land, capital, and entrepreneurial ability) fr

Delicious77 [7]

Answer:

The businesses paid $24 billion in entrepreneurial ability. This value comes from subtracting the wages, rent and interest from the total amount of businesses' purchase. In this case 170 - 88 - 24 - 34 = 24.

Explanation:

This value can be understood as goodwill that households are recognized for their ideas and can bring a future return to the businesses. The businesses had assessed the future stream of cash the household could bring and, basing our guess on businesses behaving rationally, and they found that 170 was an amount that will recognize these future opportunities

8 0

3 years ago

Traditionally, Fed policymakers have been ________ to use higher interest rates to head off potential asset bubbles ________.

r-ruslan [8.4K]

Answer:

D) hesitant; because it may cause a slowdown in the economy

Explanation:

The FED usually increases interest rates to halt rapidly increasing inflation, and it could be useful to calm down potential asset bubbles. The problem with raising interest rates is that it immediately cools down the economy and slow down economic growth. It might even stop economic growth and cause a recession.

Since higher interest rates increase the cost of borrowing for everyone in the economy (individuals, businesses), consumption decreases and investment increases. The problem with this is that private consumption represents nearly 70% of the GDP and the money multiplier is responsible for a lot of this.

5 0

3 years ago