The Affordable Care Act was signed into law by President Barack Obama in March 2010. Many of the provisions of the law directly affect health care providers. Review the following topic materials:

1. "About the Affordable Care Act"
2. "Health Care Transformation: The Affordable Care Act and More"

What are the most important elements of the Affordable Care Act in relation to community and public health? What is the role of the nurse in implementing this law?

Tzar Corporation entered into a lease agreement on January 1, 2010, to provide Playtpus Company with a piece of machinery. The terms of the lease agreement were as follows.

· The lease is to be for 3 years with rental payments of $10,521 to be made at the beginning of each year

· The machinery has a fair value of $55,000, a book value of $40,000, and an economic life of 8 years.

· At the end of the lease term, both parties expect the machinery to have a residual value of $30,000, none of which is guaranteed.

· The lease does not transfer ownership at the end of the lease term, does not have a bargain purchase option, and the asset is not of a specialized nature.

· The implicit rate is 6%, which is known by Playtpus.

· Collectibility of the payments is probable.

Required:

1. Please show the calculation(s)/discussion of the test you use to answer the following questions

a. What type of lease is this for the lessee?

b. What type of lease is this for the lessor?

Analyze the time-series data of Balance of Payment of China (Since 2010). Discuss the trend of changes in current, capital and financial accounts. Based on your observation, with other external economic information and use economic concepts to develop your arguments with clear organization supported evidence. , what shall the policymakers do in responding to these changes? Use 1000 words

QUESTION 5

Cameron Industries Ltd purchased a new photocopier on 1 July 2010 at a cost of $16,500. The machine has an estimated residual value of $1,500 and an estimated useful life of 5 years or 30,000 copies.

Expected production for each year is 5,000, 4,000, 8,000, 7,000 and 6,000 copies respectively.

The Reducing Balance rate is 35%.

Required:

(a)     Complete the following table for the five years of the machine’s life for each of the depreciation methods indicated.          

You are required to round your calculations to the nearest whole dollar.

SPACE FOR WORKINGS (IF NEEDED):

(Total marks for Question 5 = 8 marks)

1. Judge and Cable (2010) report the results of a study demonstrating a negative relationship between weight and income for a group of women professionals. Following are data similar to those obtained in the study. Income figures are rounded to the nearest $1,000.

1. Conduct a Pearson’s r hypothesis test to determine if there is a statistically significant correlation between weight and income. Use a two-tailed test with α = .05.
   1. Step 1 (û or ü)
   2. Step 2 (û or ü)
   3. Step 3
      1. Numerator (û, ü, or üü)
      2. Denominator (û, ü, or üü)
      3. r (û, ü, or üü)
   4. Step 4 (û or ü)
   5. Step 5 (û, ü, or üü)
   6. Interpretation (û, ü, or üü)

The home team won 1359 out of 2430 games in 2010. Is there any noticeable “home

field advantage” in MLB at α = .01? (Slide #9-24)

1. a) What is n and success rate ̂? n= 2430, ̂=1359/2430 = 0.559

2. b) Set up H0 and H1. H0: p = 0.5(=p0) vs. H1: p > 0.5

3. c) Which conditions should you check before applying CLT? Success/Failure, Independence condition

4. d) Decide an appropriate distribution from H0. N(0.5, √( p0q0/n) = 0.010) by CLT

5. e) Set the decision rule at α = 0.01. z.01 = 2.33If z > 2.33, we can reject H0.

6. f) Compute a test statistic and make a decision. z = ( ̂ –p0) / SE = 5.9 > z.01 We can reject H0.

7. g) Express the decision in terms of the problem.
   There is sufficient evidence to conclude that there is a home field advantage in MLB at α=.01

h) Find the SE (standard error), ME (Margin of error) and the 99% confidence interval. SE = . . =0.010; ME = z∙SE = 2.33 * 0.010 = 0.0233;

CI = .559 ± .0233 = [0.5357, 0.5823]
i) What would you say about home field advantage using the above CI?

The Internal Revenue Service reports that the mean federal income tax paid in the year 2010 was $8040. Assume that the standard deviation is $4800. The IRS plans to draw a sample of 1000 tax returns to study the effect of a new tax law.

What is the probability that the sample mean tax is less than $1800?

What is the probability that the sample mean tax between $7400 and $8000?

40th percentile of the sample mean is ?

X company manufacture toasters. For the first 8 months of 2010, the company reported the following operating results while operating at 75% of plant capacity:

Sales (350,000 units) $4,375,000

Cost of goods sold $2,600,000

Gross Profit $1,775,000

Operating expenses $840,000

Net Income $935,000

Cost of goods sold was 70% variable and 30% fixed; operating expenses were 75% variable and 25% fixed. In september, X company receives a special order for 15,000 toasters at $7.6. Acceptance of the order would result in additional $3000 of shipping costs but no increase in fixed operating expenses.

a) prepare an incremental analysis for the special order

b) should x company accept the order? why or why not?

The difference between IFRS and GAAP are well documented and in the 2000's and early 2010's several convergence projects were undertakem by IASB and FASB in the effort to align the two. One of the projects relate to revenue recongnition and specifically that of construction contracts. You are to critically reflect on the cponvergence projects taking into account the following:

(a) the differences in revenue recognition (of construction contracts) between IFRS and GAAP?

(b) Why it is importatant to consider the differences in IFRS and GAAP in general?

(c) Potential for lobbying to take place in final outcome of convergence projects.