Answer:
The correct option is (c).
With the higher deductible, she would have spent at least $300 more than she paid with her actual policy
Explanation:
For her actual policy total expenses;
Deductible =$500
Copayment doctor visit= $20
Coinsurance of 10%= 10/100 ×500=$50
Doctor visit= $40 × 4= $160
Surgery= $3000
Total expenses= $3730
With the higher deductible expenses;
Deductible= $1000
Copayment doctor visit= $10
Doctor visit= $40×4= $160
Surgery= $3000
Total expenses= $4170
Difference in expenses= $4170-$3730= $440
Therefore option (c) is the right option.
With the higher deductible, she would have spent at least $300 more than she paid with her actual policy
Answer:
Related diversification strategy.
Explanation:
Related diversification is a business strategy in which a business enter a new industry which has some similarities with a company's existing business industry. The highest economic benefit will be achieved by a business if it enters into related diversification strategy.
Market research.
The firm often goes into uncharted Territories for themselves and takes heavy risks in places unknown to them.
For example, McDonald’s Setting up operations in India made its menu suit the Indian taste pallet and was able to carve out a market shape.
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<span>The next step the organization must take in the marketing research process is "Collecting data".
</span>
The Marketing research process refers to an arrangement of five stages which characterizes the errands to be expert in directing an advertising research study. These incorporate issue definition, building up a way to deal with issue, look into plan detailing, field work, information planning and investigation, and generating report and introduction.
Answer:
a) $1,000
Explanation:
Early Settlement Discount
This form of quotation is common with suppliers offering their customers deferred payment arrangement in a sale contract. Usually, under this arrangement customers are allowed to purchase goods on credit and settle their acccount at a specified later date.
However, to encourage customers to pay up their outstanding earlier than expected, suppliers do offer early settlement discount as incentives to induce prompt payment.
A quotation of 2/10, n/30
This implies that the customer is a given a 30-day period from the date of purchase within which he is expected to settle his account. However, if he does so within the next 10 days of purchase he will be given a 2% discount.
<em>Applying this to the question, the purchase date is August 1, the the latest date for which account is settle to qualify for early settlement discount will be 11 days i.e (1+10) .</em>
Since the payment will be made on August 12, no cash discount will received. Therefore, a payment of gross amount of $1,000 would be credited to the cash account.
