The Patient Protection and Affordable Care Act of 2010 otherwise known as Obama Care has been the center of debate among the government, policymakers, politicians, and health care providers over the past decade. For much of the last 4 years, the government has tried to repeal and replace Obama Care; however, they were unsuccessful in their attempts. There are currently modifications made to the initial Act. As a middle manager in the Health Care Industry, what type of attitude is most essential during this volatile period of change? Discuss your reasons?

Background

Brooke owns a 2010 Honda Civic. She insures the car under a PAP with liability limits of $25/50/25, uninsured motorists coverage of $25,000, medical payments coverage of $5,000 per person, and collision coverage with a $250 deductible.

With respect to each of the following situations, indicate whether the loss is covered and the amount payable, if any under the policy. Assume that each situation is a separate event. Please show your calculations and explain the basis for the claim payment.

1.Brooke’s car was hit by a car that ran a stop sign. The driver of the other car fled the scene of the accident. Brooke’s car was not damaged. However, Brooke required extensive medical care as a result of the accident. Her medical expenses from the accident totaled $20,000. Because of her injury, Brooke was unable to work for a week and lost $4,000 in wages.

2.While driving the Civic, Brooke slide off an icy road. Her car was not damaged. Brooke suffers a broken leg, and the passenger riding with her sustained a broken arm and severe laceration on her forehead. Brooke has medical expenses of $3,000 and her passenger has medical expenses of $6,000.

How much will Brooke’s insurer pay? Please show your calculations and explain as appropriate. Please identify the coverage under which each claim would be paid.

A nationwide US telephone survey3 conducted by the Pew Foundations in October 2010 asked 2625 adults ages 18 and older the following question: “Some people say there is only one true love for each person. Do you agree or disagree?” The surveyed were selected randomly, by landlines and cell phones.

The results showed 372 males “agree” and 363 females “agree” while 1005 females “disagree” and 807 males “disagree”. The number of males who responded “don’t know” was 34, and females 44.

a. Construct a two-way table summarizing the data.

Find the proportions below and express your answers as a decimal rounded to 3 decimal places.
a. What is the proportion of females that agreed?
b. What is the proportion of people who agreed were female?
c. What is the proportion of males that agreed?
d. What is the proportion of survey responders that were female?
e. What is the proportion of responders who answered “don’t know” that
were males?
f. What is the proportion of males that disagreed?
g. What proportion of people who agreed were female?

The Patient Protection and Affordable Care Act of 2010 otherwise known as Obama Care has been the center of debate among the government, policymakers, politicians, and health care providers over the past decade. For much of the last 4 years, the government has tried to repeal and replace Obama Care; however, they were unsuccessful in their attempts. There are currently modifications made to the initial Act. As a middle manager in the Health Care Industry, what type of attitude is most essential during this volatile period of change? Discuss your reasons?

Please put step by step in Minitab

For the 15-year period between 1995 and 2010, ABC’s monthly return had a standard deviation of 5%. Matthew, a certified financial analyst, wishes to establish whether the standard deviation witnessed during that period still adequately describes the long-term standard deviation of the company’s return. He collects data on the monthly returns recorded between 1^st Jan. 2015 and 31^st Dec. 2016 and computes a monthly standard deviation of 4%.

Carry out a 5% test to determine if the standard deviation computed in the latter period is different from the 15-year value.

Please put step by step in Minitab

health insurance benefits vary by the size of the company (Atlanta Business chronicle, December 31, 2010). The sample data below show the number of companies providing health insurance for small, medium, and large companies. for purposes of this study, small companies are companies that have fewer than 100 employees. Medium-sized com- panies have 100 to 999 employees, and large companies have 1000 or more employees.

The questionnaire sent to 225 employees asked whether or not the employee had health
insurance and then asked the employee to indicate the size of the company.
a.   Conduct a test of independence to determine whether health insurance coverage is independent of the size of the company. What is the p-value? using a .05 level of significance, what is your conclusion?
b.   a newspaper article indicated employees of small companies are more likely to lack health insurance

Size of the Company Health Insurance   Small   Medium   Large
Yes 36 65 88 No 14 10 12

The 8% $30 million convertible loan note was issued on 1 April, 2010 at par. Interest is payable annually in arrears on 31 March each year.
The loan note is redeemable at par on 31 March, 2013 or convertible into equity shares at the option of the loan note holders on the basis
of 30 equity shares for each $100 of loan note. The company’s finance director has calculated that to issue an equivalent loan note without
the conversion rights it would have to pay an interest rate of 10% per annum to attract investors.
The present value of $1 receivable at the end of each year, based on discount rates of 8% and 10% are:
8% 10%
End of year 1 0·93 0·91
2 0·86 0·83
3 0·79 0·75
What value should appear as the interest charge for the year ended 31 March, 201

Amazonia Ltd purchased Buildings for $4 million on July 1st 2010. The estimated useful life was 20 years. The estimated residual was $800,000.

Amazonia Ltd applies the AASB 116 fair value (revaluation model) to recognise its Buildings.

On 30^th June 2014 the extract of the Balance Sheet indicated the following for Buildings.

Non-Current Asset

Buildings

Cost                                         4,000,000                                           

Accumulated Depreciation     (640,000)

On 30 June 2015 the following is information for Buildings

Fair Value                               $3,620,000

Cost to sell                              $100,000

Value in use                            $3,800,000

On 30 June 2016 the following is information for the Buildings

Fair Value                               $2,816,000

Cost to sell                              $120,000

Value in use                            $3,200,000

On 30 June 2017 the following is information for the Buildings

Fair Value                               $3,140,000

Cost to sell                              $140,000

Value in use                            $3,400,000

Required

Prepare all general journal entries for the Buildings for the year ended 30 June 2015. Show all workings and justify your answer.

Prepare all general journal entries for the Buildings for the year ended 30 June 2016. Show all workings and justify your answer.

Prepare all general journal entries for the Buildings for the year ended 30 June 2017. Show all workings and justify your answer