How much will the insurance be responsible for

Assignment Help Accounting Basics
Reference no: EM132468254

Problem 1: A patient receives a $420 medical procedure and has a 70/30 coinsurance agreement and a $100 deductible with their insurance company, which they have not met. The insurance allows $300 on the procedure and the provider will write off the difference in cost.

Quetsion 1: How much will the insurance be responsible for?

Quetsion 2: How much will the patient be responsible for?

Reference no: EM132468254

Questions Cloud

Calculate the taxable income and tax loss : Calculate the taxable income/tax loss and the current tax liability (if any) for the financial year ended 30th June 2019. journal entry to recognise the current
What is the recommendation to the cfo of acrux group : Based on the information given. will the General Manager of Honshu Properties acquire Havana Peak? Explain with supporting computations.
Develop and justify a model of management : Demonstrate effective communication and practical problem-solving skills to effectively manage people in a range of organisational contexts
Journalize Richard inventory transactions : Purchases of inventory (on account) 48,000. Journalize Richard's inventory transactions for the year under the perpetual system
How much will the insurance be responsible for : The insurance allows $300 on the procedure and the provider will write off the difference in cost. How much will the insurance be responsible for?
What single entry could make : The $2,000 had been credited to Notes Payable instead of Ac- counts Payable. If the books are closed, what single entry could you make?
Compute Mountains gross profit percentage : Mountain Company made sales of $38,542 million during 20X6. Compute Mountain's gross profit percentage and rate of inventory turnover for 20X6
Calculate the yield to maturity on the old issue : Compute the yield to maturity on the old issue and use this as the yield for the new issue.
Describe the concepts and principles of accounting : Describe the concepts and principles of accounting Entity Concept, The Reliability Principle, The Going Concern Principle with detail

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd