Please list and explain at least 3 main provisions of the Dodd-Frank Act of 2010 that are designed to prevent the next crisis or make it less severe.
In: Economics
(Paragraph Form) One to two-page Paper discussing the purpose and the various titles of the Patient Protection and Affordable Care Act of 2010, and subsequent Amendments.
In: Nursing
¿What are the three levels of healthcare and the services under each level?
Explain, ¿What the purpose of the Patient Protection and Affordable Health Care Act (2010)?
In: Nursing
Identify the following numbers using 2’s complement by making
suitable assumptions:
a. 1710 + 610
b. 2110 – 410
c. -1310 - 2010
In: Computer Science
Van Hatten Consolidated has three operating divisions: DeMent
Publishing Division, Ankiel Security Division, and Depp Advisory
Division. Each division maintains its own accounting system but
follows IFRS.
| DeMent Publishing Division The DeMent Publishing Division sells large volumes of novels to a few book distributors, which in turn sell to several national chains of bookstores. DeMent allows distributors to return up to 30% of sales, and the distributors give the same terms to bookstores. While returns from individual titles fluctuate greatly, the returns from distributors have averaged 20% in each of the past five years. A total of $7 million of paperback novel sales were made to distributors during fiscal 2020. On November 30, 2020 (the end of the fiscal year), $1.5 million of fiscal 2020 sales were still subject to return privileges over the next six months. The remaining $5.5 million of fiscal 2020 sales had actual returns of 21%. Sales from fiscal 2019 totalling $2 million were collected in fiscal 2020 less 18% returns. This division records revenue according to the revenue recognition method when the right of return exists. |
| Ankiel Security Division The Ankiel Security Division works through manufacturers’ agents in various cities. Orders for alarm systems and down payments are forwarded from agents, and the division ships the goods f.o.b. factory directly to the customers (usually police departments and security guard companies). Customers are billed directly for the balance due plus actual shipping costs. The company received orders for $6 million of goods during the fiscal year ended November 30, 2020. Down payments of $600,000 were received, and $5.2 million of goods were billed and shipped. Actual freight costs of $100,000 were also billed. Commissions of 10% on product price are paid to manufacturing agents after goods are shipped to customers. Such goods are covered by the warranty for 90 days after shipment, and warranty claims have been about 1% of sales. Revenue is recognized at the point of sale by this division. |
| Depp Advisory Division The Depp Advisory Division provides asset management services. This division grew out of Van Hatten’s own treasury and asset management operations, which several of its customers asked to have access to. On January 1, 2020, Depp entered into a contract with Scutaro Co. to perform asset management services for one year. Depp receives a quarterly management fee of 0.25% on Scutaro’s assets under management at the end of each quarter. In addition, Depp receives a performance-based incentive fee of 20% of the fund’s annual return in excess of the return on the S&P 500 index at the end of the year. At the end of the first quarter of 2020, Depp was managing $2.4 million of Scutaro assets. The annualized return on the portfolio was 6.2%. (The S&P 500 index had an annualized return of 5.7%.) |
(a)
For each division’s revenue arrangements, identify the separate
performance obligations, briefly explain the allocation of the
transaction process to each performance obligation, and indicate
when the performance obligations are satisfied.
In: Accounting
(TCO 2) Describe how PLCs detect whether a switch is open or closed.
In: Electrical Engineering
In: Electrical Engineering
please compare and explain the IS-LM curve in a closed economy and a small open economy
In: Economics
In: Anatomy and Physiology
Is use of leverage common among Closed-End or Open-End funds? Why?
In: Finance