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Becky’s comprehensive major medical health insurance plan at work has a deductible of $750. The policy pays 85 percent of any amount above the deductible. While on a hiking trip, Becky contracted a rare bacterial disease. Her medical costs for treatment, including medicines, tests, and a six-day hospital stay, totaled $8,893. A friend told her that she would have paid less if she had a policy with a stop-loss feature that capped her out-of-pocket expenses at $3,000. Was her friend correct? Show your computations. Then determine which policy would have cost Becky less and by how much
Calculate the present value of a $1,000 zero-coupon bond with five years to maturity if the yield to maturity is 6%.
classify and report the cash flow operations.for each of the following items indicate whether it would be classified
A corporation has 17,000 shares $50 par value common stock. The bored of directors declares a 4- for - 1 stock split when the market value of the stock is $185.
You represent Michael, who asks whether he must report gain on the transfer. Prepare a letter to Michael and a memorandum for the tax files documenting your response.
Bootsie's annual report shows its consolidated income and individual income statement accounts of each subsidiary company. Should Bootsi also report separate earnings-per-share balances for the three subsidiary companies?
the account was debited for a total of $4,250 and credited for a total of $5,340. What was balance in the Cash account at the beginning of October?
Determine the factors that should have been considered when setting the price for the product you selected. Explain your rationale.
evaluation of mortgage option value.kim and dan bergholt are both government workers. they are considering purchasing a
What would you recommend that the monopolist do to maximize profits? b.) Why might a business owner keep their business open but let it deteriorate, rather than shut it down? Will this profitability last?
Computation of value of mortgage and Estimate the affordable mortgage and the affordable purchase price for the Bergholts.
waters inc. acquired 10 of denton corporation on 1st january 2012 for 297400 though dentons book value on that date
Prepare a report of no more than 10 pages outlining the above analysis and the selection of the resulting portfolio. Marks will be given for content not for length. Anything over 10 pages will not be marked.
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