Answer:
Total cost for the year=$5,800
Explanation:
Finding the total cost of healthcare for a year, we can express this in the form;
Total cost for the year=Annual premium cost+annual deductible+Co-payments
since there were no visits to the doctors office for that year, the co-payments that are to be made per visit=0
Annual premium cost=$4800
Annual deductible cost=$1000
replacing in the expression for total cost;
Total cost for the year=Annual premium cost+annual deductible+Co-payments
Total cost for the year=(4,800+1,000+0)=5,800
Total cost for the year=$5,800
Answer:They can liquidate an estate.
Explanation: Annuities are contracts between a person and an insurance company following a future endeavors,the future endeavors can include lifetime income,future projects etc. Annuities are contracts which have been around for a long time now,they are similar to life insurance. Annuities can not liquidate estates,they are protected against outliving a person's income.
Annuities became very popular during the great depression in the United States of America,when the value of stocks dropped drastically.
Answer:
The effect the entry to recognize the uncollectible accounts expense for Year 2 will have on the elements of the financial statements are that it will reduce Accounts Receivable to $15,560 and the Allowance for Doubtful Accounts to $1,900 at the end of Year 2.
Explanation:
Credit sales estimated to be uncollectable = Credit sales * Estimated percentage uncollectable = $215,000 * 1% = $2,150
Ending account receivable = Beginning accounts receivable + Credit sales - Cash collected - Receivales written off as uncollectable - Credit sales estimated to be uncollectable = $76,000 + $215,000 - $271,100 - $2,100 - $2,150 = $15,560
Ending Allowance for Doubtful Accounts = Beginning Allowance for Doubtful Accounts - Allowance for Doubtful Accounts - Receivales written off as uncollectable = $4,000 - $2,100 = $1,900
Therefore, the effect the entry to recognize the uncollectible accounts expense for Year 2 will have on the elements of the financial statements are that it will reduce Accounts Receivable to $15,560 and the Allowance for Doubtful Accounts to $1,900 at the end of Year 2.
Answer:
environmental racism
Explanation:
Based on the information provided within the question it can be said that this scenario could possibly be classified as environmental racism. This is a concept which describes the environmental discrimination that occurs in many geographical locations both in practice as well as on paper. All of which is based on a racialized context.
Answer:
I drew the production possibilities frontier curve for both nations, A and B, and attached it.
Explanation: