StayWell Health Insurance is offering a plan with a monthly premium of $240, a deductible of $6500, and maximum out-of-pocket expenses of $10,000. Which of the following people is that plan BEST suited for? *

Answers

Answer 1

The question is about the StayWell Health Insurance plan.

The plan requires a premium to be paid of $240, for a coverage of upto $10,000. The plan can suit the person that can easily afford $240 per month and is expected to claim the out of pocket expenses of $10,000.

A person who's income is more than $1,000 can be suitable for this Health Insurance plan, A person who's income is less than $1,000 can be reluctant to pay $240 as an insurance premium per month when the person have other expenses for example rent, grocery etc.

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Related Questions

A corporation issued 3,800 shares of its no par common stock at a cash price of $10 per share. The entry to record this transaction would be:

Answers

The entry to record this transaction would be:

Debit Cash $38,000

Credit Common stock $38,000

We know that cash is an asset hence debited because it decreases as it was used to pay for bills while common stock is credited because it increases shareholder's equity.

Therefore,

Cash account      Dr   $38,000

(3,800 shares × $10)

To

Common stock account Cr $38,000

Therefore, the corporation would record the transaction as ; Debit Cash $38,000  , Credit Common stock $38,000

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which is the largest source of tax revenue in the united states?

Answers

Answer:

Individual income taxes.

Explanation:

This has been the largest single source of federal revenue since 1950.

An investor purchased 50 shares of stock in a company in 2015. At the time the investor purchased the stock, the value of the stock was priced at $5 per share. The investor sold all 50 shares of stock in 2019. The value of the stock at the time of sale was $6.50 per share. What is the capital gain the investor earned on this investment?

$250

$325

$75

$50

Answers

Answer:

$75

Explanation:

$5 to $6.5 is a 1.3% increase and if the investor bought 50 shares of $5 he bought a total of $250 worth of stock. If you multiply the $250 by 1.3% it will be $325. But the question asks for the capital gain so you would subtract $325 and $250 which is $75.

If the value of the stock at the time of sale was $6.50 per share. The capital gain the investor earned on this investment is $75.

Capital gain

Using this formula

Capital gain=(Number of shares× increase in value of stock)

Let plug in the formula

Capital gain=[50x ($6.50 per shares- $5 per shares)]

Capital gain=50× $1.50 per shares

Capital gain=$75

Therefore the capital gain the investor earned on this investment is $75.

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you are a member of a newly formed team that has been tasked with designing a new product. none of the team’s members have worked together previously and thus confidence is low. which of the following tactics would be most effective in promoting the team’s confidence in its capability to function successfully?

Answers

The tactics which would be most effective in promoting the team’s confidence in its capability to function successfully is to:

Jump right into a challenging task in order to figure out your team's capability.

According to the given question, we are asked to state the tactics which would be most effective in promoting the team’s confidence in its capability to function successfully.

As a result of this, we can see that when a team has a set task like designing a new product and the members of the team are yet to have worked together before, then the tactics which would be most effective in promoting the team’s confidence in its capability to function successfully is to jump into a challenge immediately in order to find out the capability of the team.

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if a client would receive virtual currency as a gift, what would the client use as their basis for reporting purposes?

Answers

Based on the information given, it should be noted that the basis of reporting for the virtual currency is D. None of the above.

A virtual currency simply means a digital representation of value available in electronic form. This is usually transferred in a software.

From the complete question, it should be noted that the basis of reporting for the virtual currency is None of the above. It's neither, today's cost, donor basis, or fair market value.

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if ford mustang costs $30,000 in the us and 40,000 pounds in the uk and the current exchange rate between pound and dollar is $1.2 per pound, then according to ppp pound is ______ and should ________.

Answers

Based on the information given, it can be deduced that according to ppp, pound is overvalued and should depreciate.

Purchasing power parity (PPP) simply means the idea that goods in a country will be the same cost in another country once their exchange rate is applied.

From the information given, since Ford Mustang costs $30,000 in the us and 40,000 pounds in the uk and the current exchange rate between pound and dollar is $1.2 per pound, then, pound is overvalued and should depreciate.

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with no other positions in her account, a customer buys 100 shares of XYZat 45$ per share and simultaneously buys 1 XYZ Jan 45 put for a premium of 3. What is the customer's maxium loss potential on the option

Answers

Answer:

The maximum loss is unlimited

Explanation:

Select the two statements about owners of equity in a business that are TRUE.
1.Contractors own equity.
2.A Partner owns equity.
3.All stakeholders own equity.
4.Founders own equity.

Answers

Answer:

2 and 4

Explanation:

Contractors are people who work for the company, but are not employees. They don't own equity.

A partner is one of the shareholders in a company, and owns equity.

Stakeholders are anyone with an interest in the company's success, including its clients. They don't necessarily own equity.

The founder owns all of the equity until she takes on partners, who then own part of the equity.

A Partner owns equity and Founders own equity are the two statements about owners of equity in a business that are TRUE. The correct option is 1 and 2.

Equity in a company refers to ownership interests. Equity is typically held by partners and founders to represent their ownership stake in the business. While founders are the original creators or co-creators of the business, partners are people who share ownership and responsibility in a business venture.

On the other hand, contractors may offer services to the company but usually do not hold ownership rights. The phrase "all stakeholders" refers to a wide range of people and organizations that are impacted by the business, including staff members, clients, vendors and investors. Despite the fact that some stakeholders may have equity ownership not all of them will. As a result the statements that partners and founders own equity in a business are true.

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Jim paid $250,000 for an apartment building with a fair market value of $260,000. At the time of the sale, the building was appraised at $225,000. For income tax purposes, what would be the basis of the apartment building

Answers

The amount of $225,000 will be the would be the basis of the apartment building for income tax purposes.

Basically, the cost basis is the purchase cost which is $225,000.

The fair market value and appraised cost does not have anything to do with tax basis for income tax purposes.

In conclusion, the amount of $225,000 will be the would be the basis of the apartment building for income tax purposes

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Zach is looking for a homeowners insurance policy for his new house. AAA Insurance company has offered him a plan that insures his home annually for $0.36 per $100 of value in the home. In order to make calculations easier, Thompson’s Insurance lists their annual homeowners insurance premium a bit differently, at $3.63 per $1,000 of value in the home.
Zach’s house is worth $289,000. What should Zach be thinking as he chooses between the two insurance companies?
a.
$3.63 per $1,000 is approximately the same as $0.36 per $100. The premiums for the two insurance companies will be the same.
b.
The annual premium for his house would be cheaper through AAA.
c.
The annual premium for his house would be cheaper through Thompson’s.
d.
Since the two insurance companies list their premiums differently, the two cannot be compared.

Answers

Answer:

B

Explanation:

just did the test and got it right

Damages that involve only a very small monetary award are called liquidated damages. a. True b. False

Answers

Answer:

b. false.

Explanation:

because it is presented in certain legal contracts as an estimate of otherwise intangible or hard-to-define losses to one of the parties. It is a provision that allows for the payment of a specified sum should one of the parties be in breach of contract.

From what you read in the Content, who is the college student that wanted to create
a tutoring app?
Vicky
Xavier
Isaiah
Lisa

Answers

Answer:

vicky..........................

The main benefit of a multidomestic strategy is that it ________. Group of answer choices exploits scale economies in product development and marketing is cost-saving due to product and marketing standardization takes advantage of location economies responds quickly and effectively to emerging buyer preferences

Answers

According to business operational strategy, the main benefit of a multi-domestic strategy is that it "responds quickly and effectively to emerging buyer preferences."

What is a multi-domestic strategy?

A multi-domestic strategy is a business strategy whereby firms emphasize their marketing approach to meet local markets instead of a universal approach.

The multi-domestic approach also enables companies to create more targeted advertising that focuses solely on the consumers of a specific market.

Hence, in this case, it is concluded that the correct answer is option D. "responds quickly and effectively to emerging buyer preferences."

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What is a consumer product?

Answers

Stuff that is bought by ppl

what is the first step in the feedback control system?

Answers

Answer:

The first step in the positive feedback loop is the stimulation that sets off the loop in order to complete a process.

A __________ is an effort or strategy to achieve a goal or a solution to a problem that is not readily apparent. A. Concept B. Schema C. Subgoal D. Prototype.

Answers

Answer: A. Concept

Explanation: The correct option is A ( Concept ) as

* Option B has Schema which means it’s just a representation of a plan in a model form.

* Option C is not correct because Subgoal means a goal or target which needs to be achieved to complete a larger goal or target.

* Option D is also not correct because Prototype means something of the first or initial type which can develop into other forms or types in future.

So the correct option for the answer is “ A”

A concept serves as an effort or strategy to achieve a goal or a solution to a problem that is not readily apparent.

What is a concept?

Concepts can be regarded as abstract ideas. they do serves as the fundamental building blocks in which principle lies on.

It should be noted that it play important role in all aspects of cognition.

Therefore, concept is needed for thoughts and beliefs

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which is one advantage of private insurance offered by most employers

Answers

Advantages of an employer plan: Your employer often splits the cost of premiums with you. Your employer does all of the work choosing the plan options. Premium contributions from your employer are not subject to federal taxes, and your contributions can be made pre-tax, which lowers your taxable income.

Answer: A managed care plan that keeps costs low

Explanation:

I took the test

What is the surface area of the Ceral box?
Hight is 30 width is 20 side width is 5

Answers

Answer:

The surface area of the ceral box is 1,500u².

Explanation:

2(30 × 5)+2(30 × 20)= 1,500

30 × 5 = 150

30 × 20 = 600

150 × 2 = 300

600 × 2 = 1,200

1,200 + 300 = 1,500

There's your answer, hopefully it's correct!

suppose you were hired as a consultant for a company that wants to penetrate the comp-xm market. this company wants to pursue a broad cost leader strategy. from last year’s reports, which company would be the strongest competitor?

Answers

Based on the information given, the company that will be the strongest competitor will be Baldwin.

A broad cost leader strategy simply means a strategy that's is used for competition based on price in a targeted market. It arrives to charge the lowest prices relative to the other firms.

From the complete question, the company that will be the strongest competitor will be Baldwin. The automation for its product was increased to reflect this.

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The ______ of real estate markets makes it impossible to generalize the impact events in other areas will have on real estate values.

Answers

Answer: uniqueness

Explanation:

The uniqueness of real estate markets makes it impossible to generalize the impact events in other areas will have on real estate values.

Which of these is a characteristics of real estate?

In business terms, real estate is an instrument of investment. Real estate has seven specific characteristics related to its economic impact or physical nature. They are scarcity, improvements, location, investment permanence, uniqueness, immobility, and Indestructibility.

What is the most important characteristic of real estate?Permanence of investment is also known as fixity and means investments in real estate are long-term. This is due to the physical characteristics of indestructibility and immobility. Since land is immobile, investment in property becomes fixed. Land cannot be moved if the market becomes better in another location.

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The production facility for a space shuttle would probably be organized according to a ________ layout.

Answers

Answer:

fixed-position

Explanation:

The United Kingdom currently has a trade deficit with New Zealand. If the U.K. pound sterling appreciates relative to the New Zealand dollar, which of the following correctly explains the effect on the trade deficit?

The trade deficit will increase, since an appreciating pound means fewer goods will be imported from New Zealand.

The trade deficit will decrease, since an appreciating pound means fewer goods will be imported from New Zealand.


The trade deficit will decrease, since an appreciating pound means more goods will be imported from New Zealand.


The trade deficit will increase, since an appreciating pound means more goods will be imported from New Zealand.

Answers

The correct answer to the given question is that the trade deficit would increase since with the appreciating pound means more goods will be imported from New Zealand.

Based on the given question, we are asked to show the effects of the trade deficit between New Zealand and UK based on the appreciation of the pound sterling relative to the New Zealand dollar.

With this in mind, we are aware that when there is a strong domestic currency, then it would encourage more imports and hamper exports, therefore, the trade deficit will increase, since an appreciating pound means more goods will be imported from New Zealand.

Therefore, the correct answer is option D

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Answer:

Economics Semester Exam

THIS IS FOR CONNECTIONS ACADEMY!!!!

QUESTIONS MAY BE SWITCHED!!!

i got a 22/31 but these are 100% correct

1. water

2. the choice between the net profit of the new production schedule and the net profit of the old production schedule

3. The opportunity cost is the consumer's benefit from purchasing the computer.

4. traditional economy- culture

command economy- central

mixed economy- elements

market economy- price signals

5. Public goods are goods and services that are non-excludable and non-rivalrous; therefore, it is not profitable or in the best interest of private businesses to provide these goods.

6. revenue

7. a percent decrease in quantity demanded greater than 100%

8. The demand curve for cell phones would shift to the right, and the demand curve for instant noodles would shift to the left.

9. The firm should choose to produce 1,200 units of output.

10. Shares of public corporations are traded on stock exchanges.

11. Consumer cooperatives pool their resources together to purchase goods in bulk. By purchasing goods in bulk, the cost of acquiring these goods is reduced for members compared to the normal cost that an individual would face when purchasing the product.

12. Money maintains purchasing power over time.

13. -The purchasing power currencies issued by state banks varied wildly from state to state.

-Monetary reserves decreased.

14. $75

15. interest

16. disability insurance

17. 255 million dollars

18. inflation or deflation

19. Unemployment as a result of people moving from one job to another.

20. Improvements to human capital leads to improvements in productivity and improvements in standard of living.

21. It would be a bad thing. Local governments typically get around one third of their total revenue from state and federal governments.

22. Medicaid is funded by state and federal governments and provides health coverage based on financial need. Medicare is a federal government health-care insurance program for people 65 years or older and those with certain disabilities under age 65.

23. The special interest group could donate money to the leader's re-election campaign, or it could talk favorably about the leader to the public.

24. No, because individual income taxes contributed about $1.718 trillion in Fiscal Year 2019 while Social Security and Medicare taxes only contributed $1.242 trillion.

25. The discount rate is the interest rate at which the Federal Reserve charges to financial institutions on loans issued at the discount window.

26. Enact contractionary monetary policies to decrease the money supply.

27. Country A has the absolute advantage and the comparative advantage in watch production.

28. Israeli consumers will purchase fewer automobiles, and Israeli producers will manufacture more automobiles.

29. Agricultural trade was improved across all member nations.

30. The trade deficit will increase, since an appreciating pound means more goods will be imported from New Zealand

Explanation:

11.
can best be described as the total value of all final goods, services, and structures produced in an
economy in a one-year period.
A. GDP
B. CPI
C. Real GDP
D. Nominal GDP

Answers

Answer:

GDP

Explanation:

GDP can be described as the total value of all final goods, services, and structures produced in an economy over a period of one yearThe full form of GDP is Gross Domestic product

The code requires that realtors advertising clearly identify:

Answers

Based on real estate standard practice, the code requires that realtors' advertising identify "the member's professional status or status as a Realtor."

The Code of Ethics for Realtor

The code of ethics for realtors is a document that contains the rules and regulations that guide the practice of realtors.

The code of ethics prevents the clients from being exploited by some unsuspecting realtors.

Hence, based on Article 12 of the National Association of Realtors Code of Ethics, the correct answer is "the member's professional status or status as a Realtor."

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David Gain is the chief executive officer (CEo) of Forest Media Corp., which is interested in acquiring RS Communications, Inc. To initiate negotiations, Gain meets with RS's CEo, Gill Raz, on Friday, July 12. Two days later, Gain phones his brother, Mark, who buys 3,800 shares of RS stock on the following Monday. Mark discusses the deal with their father, Jordan, who buys 20,000 RS shares on Thursday. on July 25, the day before the RS bid is due, Gain phones his parents' home, and Mark buys another 3,200 RS shares. over the next few days, Gain periodically phones Mark and Jordan, both of whom continued to buy RS shares. on August 5, RS refuses Forest's bid and announces that it is merging with another company. The price of RS stock rises thirty percent, increasing the value of Mark's and Jordan's shares by nearly $660,000 and $400,000, respectively.

Required:
a. Is Gain guilty of insider trading?
b. Could a court hold Gain liable? Why or why not?

Answers

Based on the scenario described and the actions of those related to Gain:

a. Gain is indeed guilty of insider trading b. A court could indeed hold Gain liable

Insider trading:

Occurs when one buys shares because they know something that the rest of the public does not Allows such traders to gain great profits or avoid huge losses

When a company is to be acquired, its shares generally rise in price. Gain must have told his brother that he was trying to acquire RS Communications which was why both his brother and father purchased those shares.

In conclusion, Gain engaged in insider trading because his brother and father bought RS shares knowing they would rise as a result of the confidential information Gain shared with them and a court would hold him liable for this.

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According to the Securities and Exchange Commission, one of the easiest ways to boost your retirement savings is:

Answers

One of the easiest ways to boost your retirement savings is to take

advantage of your employer's matching , focus on low fees, and save by

payroll deduction.

Retirement savings can be boosted by the employer matching the

employee's contribution.This involves them contributing a certain amount

monthly or yearly to the retirement savings plan.

Other factors include avoiding high cost and fees of things and saving

through having certain amount deducted to help save for the future.

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what is the importance of clay in human life

Answers

Answer: Fun Fact: Clay is an important part of soil because it contains nutrients that are essential to plant growth

Explanation:

4. Economists measure opportunity cost
A. only when it is on the margin.
B. as the best thing given up.
C. as the sum of all forgone opportunities.
D. as the same as marginal benefit.

Answers

Answer:

Option A is the correct answer.

if the federal reserve decided to include virtual money like bitcoins in its measure of the money supply, what would be the effect on m1 or m2?

Answers

If the Fed decided that virtual money should be included in money supply, we would see a situation where both M1 and M2 increase/ rise.

M1 is:

The most liquid money instruments Inclusive of cash and close instruments

If virtual money was counted as money, it would increase M1 because virtual money is very liquid as it can easily be converted to cash so it would be counted as M1.

M2 would increase because M1 is part of M2.

In conclusion, both M1 and M2 would increase.

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anyone can help just pick

Answers

Answer:

It’s number 1

Explanation:

It’s easy

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