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2 years ago

Kristy's health insurance policy benefits max out at $25,000 per year. What is

Business

1 answer:

Zanzabum2 years ago

7 0

Another name for the maximum payout on the health insurance policy is known as Limit of liability.

A Limit of liability means the maximum amount of liability that an insurance policy has stated at the onset, to pay at most when a loss occurred to the policyholder.

Hence, another name for the maximum payout on the health insurance policy is known as Limit of liability.

Therefore, the Option B is correct.

You might be interested in

You purchased an annual interest coupon bond one year ago that had six years remaining to maturity at that time. The coupon inte

Marat540 [252]

Answer:

The correct answer to the following question will be "8%".

Explanation:

The given values are:

Number of years of maturity = 5 years

Interest rate of coupon = 10%

= 10%×1000

= 100

Yield to maturity, YTM = 8%

As we know,

Price of Bond = PV of Coupons + PV of Per Value

On putting the values in the above formula, we get

⇒ = $\frac{100\times (1-(1+8 \ percent^{-5}))}{8 \ percent} +\frac{1000}{1+8 \ percent^{5}}$

⇒ = $1079.85$

After 1 years, we get

Price of Bond = PV of Coupons + PV of Per Value

On putting the values in the above formula, we get

⇒ = $\frac{100\times (1-(1+8 \ percent^{-4}))}{8 \ percent} +\frac{1000}{1+8 \ percent^{4}}$

⇒ = $1066.24$

Now,

The total return rate = $\frac{(1066.24-1079.85+100)}{1079.85}$

= $\frac{86.39}{1079.85}$

= $8 \ percent$

7 0

3 years ago

Marlow Company purchased a point of sale system on January 1 for $5,800. This system has a useful life of 5 years and a salvage

xz_007 [3.2K]

Answer: $1392

Explanation:

The depreciation rate under straight line is =1/5=0.2

The depreciation rate under double declining is = 0.2 × 2 = 0.4

Depreciation expense for the first year = 0.4 × $5800 = $2320.

At the beginning of year two, net book value = $5800 - $2320 = $3480

Depreciation expense for year two = 0.4 × $3480 = $1392

7 0

3 years ago

MBO works by objectives moving through the organization; that is, top managers set general organizational objectives, which are

vagabundo [1.1K]

Answer:

D. cascade down

Explanation:

Based on the information provided within the question it seems that this is an example of MBO working as objectives cascade down through the organization. This can be said since the organizational goals/objectives start at the top of the organization (executives and managers) and move down through the organizational hierarchy to the lower level employees. Thus cascading down.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

6 0

2 years ago

In terms of SUPPLY, what factors have contributed to the fall in oil prices?

mylen [45]

Current supply and output. Until recent years, Organization of Petroleum Exporting Countries (OPEC) often set supply through a quota system.

3 0

3 years ago

The independent cases are listed below that includes all items relevant to operating activities: Case A Case B Case C Sales reve

Mekhanik [1.2K]

Answer:

Cash flow :

For Case A = $27,450

Case B = $14,000

Case C = $25,000

Explanation:

As per the data given in the question,

Case A Case B Case C

Cash collected from customers $712,000 $555,000 $97,500

Cash payment to suppliers -$40,000 -$25,500 -$65,200

Cash payment for operating expense -$3,750 -$16,000 -$7,300

Net cash provided by operating activities $27,450 $14,000 $25,000

Where,

Cash received from customers = Net sales + dec. in account receivable - inc. in accounts receivable

Cash paid to suppliers = COG sold + inc. in inventory + dec. in accounts payable - dec. in inventory - inc. in accounts payable

Cash paid for operating expense = operating expense - Depreciation + inc. in prepaid expense + dec. in accrued expenses payable - inc. in accounts payable - inc. in accrued expenses payable

6 0

3 years ago