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2 years ago

According to the article, which of the following components of the ACA would

1 answer:

4 0

The option of the components of the ACA that would not put upward pressure on health insurance costs to consumers is a lack of competition in health insurance markets.

<h3>What is the Affordable Care Act?</h3>

This is known as an Ct that came to being in 2010, the time when the Patient Protection and Affordable Care Act (ACA) was said to be passed.

The Act covers provision of health insurance to people that is not currently covered and to lower the costs in all of U.S. health care system.

When there is no competition in health insurance markets, upward pressure is not place to deliver affordable health insurance.

With low-income consumers receiving

new subsidies to pay for health insurance, and with insurers having to cover new patients with preexisting conditions that often require expensive treatment, one should

expect that more services would lead to higher costs.

Economic theory suggests that increasing the level of

competition in the insurance market could decrease

monopolistic practices and reduce costs to consumers.

Based on market concentration data, the United States

See full options below

According to the article, which of the following components of the ACA would likely not put upward pressure on health insurance costs to consumers?

a. Insurers covering preexisting conditions that often require expensive treatment

b. A lack of competition in health insurance markets

c. Incentives for more consumers to own health insurance policies

d. All of the above

Learn more about health insurance from

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How many years would it take for an investment of $280,000 to accumulate to at least $425,000 at 15% per year interest?

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Answer:

i will take at lease 3 years to get 425,845

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4 years ago

blistre company operates on a contribution margin of 30% and currently has fixed costs of $550,000. next year, sales are proj

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8 0

2 years ago

Most manufacturing plants are considered cost centers because they have control over A. sales and costs. B. fixed assets and cos

Ierofanga [76]

Answer:

C. Costs Only

Explanation:

Cost centers are areas in an organization that doesn't add money (profit) directly to the organization, but still cost the organization operation money. They are departments in an organization is which cost are charged. Cost centers don't make profit for the organization directly, but they help in making profit indirectly for the organization. They are areas in a company that incurs cost but in indirectly contribute to income received. Example of a cost center is manufacturing plants. Cost centers have control over costs only.

8 0

3 years ago

Read 2 more answers

Ehler Corporation sells rock-climbing products and also operates an indoor climbing facility for climbing enthusiasts. During th

DaniilM [7]

Answer:

Ehler Corporation

a) Journal Entries:

Sept. 1 Debit Inventory $12,000

Credit 6%, 3-month Notes Payable (Pippen) $12,000)

To record issuance of note to purchase inventory.

Sept. 30 Debit Interest expense $60

Credit Interest Payable $60

To accrue interest expense ($12,000 * 6% * 1/12).

Oct. 1 Debit Climbing Wall $16,500

Credit 8%, 4-month Note Payable (Prime Bank) $16,500

To record issuance of note payable to purchase climbing wall.

Oct. 31 Debit Interest expense $170

Credit Interest payable $170

To accrue interest expense ($60 + $16,500 * 8% * 1/12).

Nov. 1 Debit Vehicle $26,000

Credit Cash $8,000

Credit 6%, 12-month Note Payable $18,000

To record the purchase of a new vehicle for climbers.

Nov. 30 Debit Interest expense $260

Credit Interest payable $260

To accrue interest expense ($170 + $18,000 * 6% * 1/12).

Dec. 1 Debit 6% Notes Payable (Pippen) $12,000)

Debit Interest payable $180

Credit Cash $12,180

To record the payment of principal and interests.

Dec. 31 Debit Interest expense $200

Credit Interest payable $200

To accrue interest expense ($110 + $90)

b) T-accounts:

Notes Payable

Date Account Titles Debit Credit

Sept. 1 Inventory $12,000

Oct. 1 Climbing Wall 16,500

Nov. 1 Vehicle 18,000

Dec. 1 Cash $12,000

Dec. 31 Balance 34,500

Interest Payable

Date Account Titles Debit Credit

Sept. 30 Interest expense $60

Oct. 31 Interest expense 170

Nov. 30 Interest expense 260

Dec. 1 Cash $180

Dec. 31 Interest expense 200

Dec. 31 Balance $510

Interest Expense

Date Account Titles Debit Credit

Sept. 30 Interest payable $60

Oct. 31 Interest payable 170

Nov. 30 Interest payable 260

Dec. 31 Interest payable 200

Dec. 31 Income summary $690

c) Balance Sheet:

Current liabilities:

Interest payable $510

Notes payable $34,500

d) Total interest expense = $690

Explanation:

a) Data and Analysis:

Sept. 1 Inventory $12,000 6% Notes Payable (Pippen) $12,000) to purchase inventory. The 3-month note payable

Sept. 30 Interest expense $60 Interest payable $60 ($12,000 * 6% * 1/12)

Oct. 1 Climbing Wall $16,500 8%, 4-month Note Payable (Prime Bank) $16,500

Oct. 31 Interest expense $170 Interest payable $170 ($60 + $16,500 * 8% * 1/12)

Nov. 1 Vehicle $26,000 Cash $8,000 6%, 12-month Note Payable $18,000

Nov. 30 Interest expense $260 Interest payable $260 ($170 + $18,000 * 6% * 1/12)

Dec. 1 6% Notes Payable (Pippen) $12,000) Interest payable $180 Cash $12,180

Dec. 31 Interest expense $200 Interest payable $200

3 0

3 years ago

The fund has not borrowed any funds, but its accrued management fee with the portfolio manager currently totals $25,000. There a

kvv77 [185]

Answer:

$9.79

Explanation:

The computation of the net asset value of the fund is shown below:

Net asset value of the fund = Equity ÷ Total outstanding shares

where,

Equity

= Total assets - total liabilities

where,

Total assets equal to

= 220,000 shares × $35 + 320,000 shares × $40 + 420,000 shares × $15 + 620,000 shares × $20

= $7,700,000 + $12,800,000 + $6,300,000 + $12,400,000

= $39,200,000

And, liabilities is $25,000

So, the net asset value of the fund equal to

= ($39,200,000 - $25,000) ÷ (4,000,000 shares)

= $9.79

7 0

3 years ago