The Affordable Health Care Act of 2010 provides an interesting dichotomy concerning the role of the Federal Government in our personal lives relative to social health insurance, versus its' interest in assuring fair and equitable markets in the Healthcare Industry. Discuss the merits of the role of the Federal Government in this context.
In: Finance
The Affordable Health Care Act of 2010 provides an interesting dichotomy concerning the role of the Federal Government in our personal lives relative to social health insurance, versus its' interest in assuring fair and equitable markets in the Healthcare Industry. Discuss the merits of the role of the Federal Government in this context.
In: Finance
In 2010, OSHA allowed the federal alternative work procedures to expire and redefined residential construction. Currently all workers must adhere to the standard. Do you agree with this? Take a position. In addition, what is different about residential construction vs. commercial construction - in your mind and in the regulations?
In: Civil Engineering
In: Economics
Worst Buy Company has had a lot of complaints from customers of late, and its stock price is now only $3 per share. It is going to employ a one-for-six reverse stock split to increase the stock value. Assume Dean Smith owns 120 shares.
a. How many shares will he own after the reverse stock split? (Do not round intermediate calculations and round your answer to the nearest whole number.)
b. What is the anticipated price of the stock after the reverse stock split? (Do not round intermediate calculations and round your answer to 2 decimal places.)
c. Because investors often have a negative reaction to a reverse stock split, assume the stock only goes up to 80 percent of the value computed in part b. What will the stock’s price be? (Do not round intermediate calculations and round your answer to 2 decimal places.)
d. How has the total value of Dean Smith’s holdings changed from before the reverse stock split to after the reverse stock split (based on the stock value computed in part c)? To get the total value before and after the split, multiply the shares held times the stock price. (Input the amount as a positive value. Do not round intermediate calculations and round your answer to 2 decimal places.)
In: Finance
Worst Buy Company has had a lot of complaints from customers of late, and its stock price is now only $2 per share. It is going to employ a one-for-six reverse stock split to increase the stock value. Assume Dean Smith owns 150 shares.
a. How many shares will he own after the reverse stock split? (Do not round intermediate calculations and round your answer to the nearest whole number.)
b. What is the anticipated price of the stock after the reverse stock split? (Do not round intermediate calculations and round your answer to 2 decimal places.)
c. Because investors often have a negative reaction to a revere stock split, assume the stock only goes up to 90 percent of the value computed in part b. What will the stock’s price be? (Do not round intermediate calculations and round your answer to 2 decimal places.)
d. How has the total value of Dean Smith’s holdings changed from before the reverse stock split to after the reverse stock split (based on the stock value computed in part c)? To get the total value before and after the split, multiply the shares held times the stock price. (Input the amount as a positive value. Do not round intermediate calculations and round your answer to 2 decimal places.)
In: Finance
Capacity planning is critically important in operations and supply chain management. Here are some capacity management principles I have learned over the years working in various Operations Management roles. Can you think of a way that one or more of these principles could be applied in your work environment to improve throughput? a. Constantly hone the demand forecast and take action to meet demand spikes before they happen; b. Monitor utilization and take action if it is trending upward and there is no reason believe this trend will not continue; c. Use FIFO (First-In-First-Out) wherever possible; d. Order materials on as close to a real-time basis as possible, being cautious about quantity discounts; e. Try not to change factors around in the organization constantly, as this becomes confusing and learning how factors relate to outcomes becomes difficult; f. Move toward one-piece flow, though one-piece flow may not make sense in all cases; move away from large batches; g. Look for bottlenecks and take action to eliminate them; h. Look for ways of streamlining the operation before investing in capital; i. Invest in capital if necessary but sell capital only when the operation is actually closed unless an entire product line or other large-scale change has occurred;
Did you encounter another principle of capacity planning and management that you find particularly intriguing or applicable to your work environment?
In: Operations Management
A newly issued bond pays its coupons once a year. Its coupon rate is 4.1%, its maturity is 15 years, and its yield to maturity is 7.1%.
a. Find the holding-period return for a one-year
investment period if the bond is selling at a yield to maturity of
6.1% by the end of the year. (Do not round intermediate
calculations. Round your answer to 2 decimal places.)
b. If you sell the bond after one year when its yield is 6.1%, what taxes will you owe if the tax rate on interest income is 40% and the tax rate on capital gains income is 30%? The bond is subject to original-issue discount (OID) tax treatment.
| Tax on interest income | $ |
| Tax on capital gain | $ |
| Total taxes | $ |
c. What is the after-tax holding-period return on the bond? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
After-tax holding-period return __________ %
d. Find the realized compound yield before taxes for a two-year holding period, assuming that (i) you sell the bond after two years, (ii) the bond yield is 6.1% at the end of the second year, and (iii) the coupon can be reinvested for one year at a 2.1% interest rate. (Do not round intermediate calculations. Round your answer to 2 decimal places.)
Realized compound yield before taxes ________%
e. Use the tax rates in part (b) to compute the after-tax two-year realized compound yield. Remember to take account of OID tax rules. (Do not round intermediate calculations. Round your answer to 2 decimal places.)
After-tax two-year realized compound yield _________ %
In: Finance
Marin Company owes $225,000 plus $20,200 of accrued interest to Headland State Bank. The debt is a 10-year, 10% note. During 2020, Marin’s business deteriorated due to a faltering regional economy. On December 31, 2020, Headland State Bank agrees to accept an old machine and cancel the entire debt. The machine has a cost of $317,000, accumulated depreciation of $174,350, and a fair value of $202,000.
Prepare journal entries for Marin Company and Headland State Bank to record this debt settlement. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.)
|
No. |
Date |
Account Titles and Explanation |
Debit |
Credit |
|---|---|---|---|---|
|
Marin Company (Debtor): |
||||
|
1. |
December 31, 2020 |
enter an account title to record the transaction for Marin Company (Debtor) on December 31, 2020 |
enter a debit amount |
enter a credit amount |
|
enter an account title to record the transaction for Marin Company (Debtor) on December 31, 2020 |
enter a debit amount |
enter a credit amount |
||
|
enter an account title to record the transaction for Marin Company (Debtor) on December 31, 2020 |
enter a debit amount |
enter a credit amount |
||
|
enter an account title to record the transaction for Marin Company (Debtor) on December 31, 2020 |
enter a debit amount |
enter a credit amount |
||
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enter an account title to record the transaction for Marin Company (Debtor) on December 31, 2020 |
enter a debit amount |
enter a credit amount |
||
|
enter an account title to record the transaction for Marin Company (Debtor) on December 31, 2020 |
enter a debit amount |
enter a credit amount |
||
|
Headland State Bank (Creditor): |
||||
|
2. |
December 31, 2020 |
enter an account title to record the transaction for Headland State Bank (Creditor) on December 31, 2020 |
enter a debit amount |
enter a credit amount |
|
enter an account title to record the transaction for Headland State Bank (Creditor) on December 31, 2020 |
enter a debit amount |
enter a credit amount |
||
|
enter an account title to record the transaction for Headland State Bank (Creditor) on December 31, 2020 |
enter a debit amount |
enter a credit amount |
||
|
enter an account title to record the transaction for Headland State Bank (Creditor) on December 31, 2020 |
enter a debit amount |
enter a credit amount |
eTextbook and Media
List of Accounts
How should Marin report the following in its 2020 income statement?
| 1. |
Gain or loss on the disposition of machine |
select between gain and loss Ordinary GainOrdinary ExpenseOrdinary IncomeOrdinary Loss | ||
|---|---|---|---|---|
| 2. |
Gain or loss on restructuring of debt |
select between gain and loss Ordinary GainOrdinary ExpenseOrdinary LossOrdinary Income |
eTextbook and Media
List of Accounts
Assume that, instead of transferring the machine, Marin decides to grant 12,000 shares of its common stock ($10 par) which has a fair value of $202,000 in full settlement of the loan obligation. If Headland State Bank treats Marin’s stock as a trading investment, prepare the entries to record the transaction for both parties. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.)
|
No. |
Date |
Account Titles and Explanation |
Debit |
Credit |
|---|---|---|---|---|
|
Marin Company (Debtor): |
||||
|
1. |
December 31, 2020 |
enter an account title to record the transaction for Marin Company (Debtor) on December 31, 2020 |
enter a debit amount |
enter a credit amount |
|
enter an account title to record the transaction for Marin Company (Debtor) on December 31, 2020 |
enter a debit amount |
enter a credit amount |
||
|
enter an account title to record the transaction for Marin Company (Debtor) on December 31, 2020 |
enter a debit amount |
enter a credit amount |
||
|
enter an account title to record the transaction for Marin Company (Debtor) on December 31, 2020 |
enter a debit amount |
enter a credit amount |
||
|
enter an account title to record the transaction for Marin Company (Debtor) on December 31, 2020 |
enter a debit amount |
enter a credit amount |
||
|
Headland State Bank (Creditor): |
||||
|
2. |
December 31, 2020 |
enter an account title to record the transaction for Headland State Bank (Creditor) on December 31, 2020 |
enter a debit amount |
enter a credit amount |
|
enter an account title to record the transaction for Headland State Bank (Creditor) on December 31, 2020 |
enter a debit amount |
enter a credit amount |
||
|
enter an account title to record the transaction for Headland State Bank (Creditor) on December 31, 2020 |
enter a debit amount |
enter a credit amount |
||
|
enter an account title to record the transaction for Headland State Bank (Creditor) on December 31, 2020 |
enter a debit amount |
enter a credit amount |
In: Accounting
Question 5 (1 point) Question 5 Unsaved The economic crisis of 2008 affected many countries, though some more than others. Some people in Australia have claimed that Australia wasn’t hurt that badly from the crisis. The bank assets (in billions of Australia dollars (AUD)) of the Reserve Bank of Australia (RBA) for the time period of March 2007 through March 2013 are contained in the following table ("B1 assets of," 2013): Table #2.3.11: Data of Date versus RBA Assets Date Assets in billions of AUD Mar-2006 96.9 Jun-2006 107.4 Sep-2006 107.2 Dec-2006 116.2 Mar-2007 123.7 Jun-2007 134.0 Sep-2007 123.0 Dec-2007 93.2 Mar-2008 93.7 Jun-2008 105.6 Sep-2008 101.5 Dec-2008 158.8 Mar-2009 118.7 Jun-2009 111.9 Sep-2009 87.0 Dec-2009 86.1 Mar-2010 83.4 Jun-2010 85.7 Sep-2010 74.8 Dec-2010 76.0 Mar-2011 75.7 Jun-2011 75.9 Sep-2011 75.2 Dec-2011 87.9 Mar-2012 91.0 Jun-2012 90.1 Sep-2012 83.9 Dec-2012 95.8 Mar-2013 90.5 Create a time-series plot of the data, and from it determine which of the following statements is NOT true:
Question 5 options: A) The data shows a steady (linear) increase in the assets held by Reserve Bank of Australia from March 2006 to June 2007
B) With the exception of March 2006 - June 2007 and March - December 2008 temporary decreases, assets of Reserve Bank of Australia have remained relatively unchanged from March 2006 through March 2015
C) The data shows a steady (linear) decrease in the assets held by Reserve Bank of Australia from December 2008 to September 2009
D) With the exception of March 2006 - June 2007 and March - December 2008 temporary increases, assets of Reserve Bank of Australia have remained relatively unchanged from March 2006 through March 2015
In: Statistics and Probability