The Affordable Care Act (“Obamacare”) became law in 2010. Before then, not everyone capable of paying for comprehensive health insurance chose to do so. With some exceptions, after the law took effect, almost everyone who could pay for comprehensive health insurance did so. There were more people with health insurance after the law than before the law. Assume that the value to US society of one more person having health insurance is greater than the value the individual herself or himself believes she or he receives. This is because as more people have health insurance, individuals with potentially contagious conditions obtain medical help that stops the spread of those diseases to others. With these facts, show by supply and demand curves how the Affordable Care Act (“Obamacare”) might have increased social welfare.
In: Economics
Key in a search with the prompt “projects in _____”, in which you select a country of interest (e.g. “projects in Finland”). Many of the projects generated by such a search are government-sponsored initiatives. In your discussion post, do the following:
In: Operations Management
Listed below are student evaluation ratings of courses, where a rating of 5 is for excellent. The ratings were obtained at the University of Texas at Austin and it is normally distributed.
3.5 3.1 3.8 4.7 4.5 4.9 3.9 3.3 4.1 4.7 4.9 3.2 3.3 3.9 4.9 3.8 8.
Construct a 90% confidence level.
What does the confidence level tell us about the population of all college students in Texas?
In: Statistics and Probability
Describe in words the hedging strategy that the company should take in each of these cases. Remember that a possible answer is that the company should not be hedging at all. (1 paragraph maximum for each)
a). A US manufacturing firm that produces in the US and sells cars in Europe would like to reduce the effect of currency fluctuations on its profits.
b) A CFO believes that the price of oil (one of the company’s main inputs) is going to increase, and wants to generate profits from this increase.
In: Economics
A California wine company is committed to selling €3,400,000 of inventory in December 2020 to a customer based in Amsterdam. The US Company wants to protect itself against a decline in profit that would result from foreign exchange. The current futures price is $1.1220, how would it hedge?
Sketch out the cash flows of the hedged position (in US$) assuming the following scenarios. A. St = F0 B. St = F0 - $0.12 C. St = F0 + $0.12
In: Finance
Breakport University wishes to determine the percentage of students who will be taking courses during the summer. How many students must they ask to estimate the percentage with 99% confidence of being within 5 percentage points of the true value?
In: Statistics and Probability
An investigator wants to estimate the proportion of freshman at his university who currently smoke cigarettes. How many freshman should be involved in the study to ensure that a 90% confidence interval estimate of the proportion is within 0.04 of the true proportion?
In: Statistics and Probability
Paragraph 1-2?
Imagine you’re in a supervisory role at a corporation. You have a new, eager intern who is working with you for the summer. This individual is a student at local college who has not yet had a business writing course. You’ll need them to compose a series of letters for you over the course of the summer. You want to give them a brief guide to business letter writing that will help them learn your expectations and keep you from having to fully revise each letter.
In: Economics
q4
Portia Grant is an employee who is paid monthly. For the month of January of the current year, she earned a total of $8738.00. The FICA tax for social security is 6.2% of the first $128,400 earned each calendar year and the FICA tax rate for Medicare is 1.45% of all earnings. The FUTA tax rate of 0.6% and the SUTA tax rate of 5.4% are applied to the first $7000 of an employee's pay. The amount of federal income tax withheld from her earnings was $1449.87. What is the total amount of taxes withheld from the Portia's earnings? (Round your intermediate calculations to two decimal places.)
|
$2552.33 |
||
|
$1576.57 |
||
|
$2172.00 |
||
|
$2118.33 |
||
|
$3621.87 |
Q5
A company uses the percent of sales method to determine its bad debts expense. At the end of the current year, the company's unadjusted trial balance reported the following selected amounts:
|
Accounts receivable |
$ |
357,000 |
debit |
|
Allowance for uncollectible accounts |
520 |
debit |
|
|
Net Sales |
802,000 |
credit |
|
Debit Bad Debts Expense $1948; credit Allowance for Doubtful Accounts $1948. |
||
|
Debit Bad Debts Expense $3208; credit Allowance for Doubtful Accounts $3208. |
||
|
Debit Bad Debts Expense $3728; credit Allowance for Doubtful Accounts $3728. |
||
|
Debit Bad Debts Expense $1428; credit Allowance for Doubtful Accounts $1428. |
||
|
Debit Bad Debts Expense $2688; credit Allowance for Doubtful Accounts $2688. |
In: Accounting
Foreign direct investment (FDI) is an investment made by a firm
or individual in a country into business located in another
country. FDI happens when an investor establishes a business in
another country separate from his home country. Or a business owner
could acquire foreign business assets, including establishing
ownership or controlling interest in that company. Foreign direct
investments are distinguished from portfolio investments in which
investors can purchases equities of foreign-based companies.
Foreign direct investments are commonly made in open economies that
offer a skilled workforce and above-average growth for the
investor, as opposed to tightly regulated economies. Foreign direct
investment frequently involves more than just a capital investment.
It may include provisions of management or technology as well. The
key feature of foreign direct investment is that it establishes
either effective control of, or at least substantial influence
over, the decision-making of a foreign business.
Foreign direct investments can be made in a variety of ways,
including the opening of another company in a foreign country,
acquiring and controlling an existing foreign company, or by means
of a merger or joint venture with a company.The threshold for a
foreign investment is a minimum 10% ownership stake in a
foreign-based company. However, that definition is flexible, there
are instances where a firm can be established with less than 10% of
the company's shares.
Singapore, US and UK are among the leading sources of FDI. Based on data that the FDI flows were $10.4 billion, which is a drop of 43% from the first half of last year
Please respond in 100-150 words
In: Economics