Modesto Satellite Co. earned $30 million for the fiscal year ending yesterday. The firm also paid out 60 percent of its earnings as dividends yesterday. The firm will continue to pay out 60 percent of its earnings as annual, end-of-year dividends. The remaining 40 percent of earnings is retained by the company for use in projects. The company has 9 million shares of common stock outstanding. The current stock price is $35. The historical return on equity (ROE) of 12 percent is expected to continue in the future. What is the required rate of return on the stock? (Hint: Use the DGM and the sustainable growth rate for g.)

1.

A company has bonds with a principal value of $1,000,000 outstanding. The unamortized premium on the bonds is $14,400. The company redeemed the bonds at 101. What is the company’s gain or loss on the redemption?

Group of answer choices

$4,400 gain

$4,400 loss

$0

$10,000 loss

$10,000 gain

2.

In the current year, a corporation had sales of $500,000, net income of $150,000, interest expense of $30,000, and tax expense of $20,000. Its net sales were $1,000,000 and its cost of goods sold was $200,000. What was its times interest earned for the year?

Group of answer choices

5.00

4.00

7.50

6.67

5.55

Standard deduction for individual: $6,100

Standard deduction for married couples filing jointly: $12,200

Quantitative Problem: Jenna is a single taxpayer with no dependents so she qualifies for one personal exemption. During 2013, she earned wages of $136,000. She doesn't itemize deductions, so she will take the standard deduction and her personal exemption to calculate 2013 taxable income. In addition, during the year she sold common stock that she had owned for five years for a net profit of $7,500. How much does Jenna owe to the IRS for taxes? Round your intermediated and final answers to the nearest cent.

Standard deduction for individual: $6,100

Standard deduction for married couples filing jointly: $12,200

Quantitative Problem: Jenna is a single taxpayer with no dependents so she qualifies for one personal exemption. During 2013, she earned wages of $134,000. She doesn't itemize deductions, so she will take the standard deduction and her personal exemption to calculate 2013 taxable income. In addition, during the year she sold common stock that she had owned for five years for a net profit of $4,100. How much does Jenna owe to the IRS for taxes? Round your intermediated and final answers to the nearest cent.
$

The operating time of a machine manufactured by company A is a random variable (Unit: years) with a standard distribution of N (5; 3,25).
a. A person who has purchased this device has used it for 2 years, calculating the probability that he or she will use it for at least 4 more years
b. The company warranty for 3 years. Calculate the percentage of products that are warranted by the company
c. A person who buys 10 units of this company, calculated the probability of having no more than 2 machines must be warranted in these 10 machines.
d. Among 10,000 products of company A, the probability of having no more than 800 of these 10,000 products must be covered by a warranty

A Relaxin receptor agonist drug (RRA01) for the acute heart failure treatment is developed by the Sunny Pharmaceutical Company. It is a publicly traded company. The reduction of cardiovascular death (mortality) was used as the end point (results of the research) for this investigation. The null hypothesis is “there is no difference in the cardiovascular mortality reduction between patients who received RRA01 (treatment group) and those who did not receive RRA01 (control group). Discuss the impact (on the company and/or on the patients) of the following two possible clinical trial results to the Sunny Pharmaceutical Company, staff of the company, and the patients. 1. p = 0.002 as the hypothesis test results 2. p = 0.3 as the hypothesis test results.

Subject/Class: Introduction to Healthcaare Insurance Coding Billing and Reimbursement

Commercial insurance ranges from individual health coverage to automobile liability coverage. All commercial policies have similarities and differences, and there are critical areas to address in billing for each type.

Tasks:

Describe at least three commercial insurance programs.

Provide the major features of each program.

Discuss how these programs differ from each other.

Briefly describe how to bill for each program.

Please cite references

Traditionally 35% of the students at Wortham University were in the Business College, 35% of the students were in the Liberal Arts College, and 30% of the students were in the Education College. To see whether or not the proportions have changed, a sample of 300 students was taken. Ninety of the sample students are in the Business College, 120 are in the Liberal Arts College, and 90 are in the Education College. The hypothesis is to be tested at the 5% level of significance. The critical value from the table equals

1. From the 'Rolling with the Changes-HFMA' article (Summer 2020):
   • How did COVID-19 pandemic...'accelerate telehealth?'
2. What two things appeared to be true for all U.S. healthcare organizations?
3. Provide four examples of how staff and medical practitioners were redeployed:
4. Why did Virginia Commonwealth University Health System 'project a positive financial outlook?'
5. Why would patient volume declining affect revenue?