Answer:
Medicaid
Explanation:
The Affordable Care Act (ACA) was formally known as the Patient Protection and Affordable Care Act (Obamacare). It is a federal statute of the United States of America which was enacted by the 111th US Congress and signed into law by President Barack Obama. The Affordable Care Act (ACA) became effective on the 23rd of March, 2010 and it focused on making affordable health insurance available to qualified people or households through cost-sharing reductions and premium tax credits (subsidies).
Medicaid is a collaborative health program of the federal and state government which was established to provide effective and efficient health coverage to the citizens of the United States of America.
Medicaid is the health insurance program that generally requires recipients or beneficiaries to fall within a certain income bracket as a form of eligibility for health care.
Answer:
Explanation:
Given:
Excess cash = $218,500
Assets = $897,309
Equity = $547,200
outstanding shares of stock = 40,000
Net income = $59,800.
Repurchase program = 15% of excess cash
Book value per share (price per share) = equity/number of shares
= $547200/40000
= $13.68 per share
Total cost of repurchase program = percentage of excess cash used × value of excess cash
= 15/100 × 218500
= $32775
Total number of shares bought in repurchase program = total cost of the repurchase program/price per share
= $32775/$13.68
= 2395.8 shares
= 2395 shares
Answer:
C. Can have a large influence on survey results.
Explanation:
Several public opinion polls conducted in America have shown that subtle differences in the way questions are worded can largely influence the results of the survey.
An example, was a public opinion poll on free speech conducted in the year 1970. Different wordings of the questions asked, produced remarkable differences in the response from respondents.
This challenge can be overcome by asking the questions in a rotational manner, or dividing the questions into two parts. Respondents are divided into two groups who are administered the questions respectively.
Answer:
a. Calculate the predetermined overhead rate based on capacity.
- predetermined overhead rate = $26,190 / 279 hours = $93.87 per hour
b. Calculate the manufacturing overhead applied.
- applied manufacturing overhead = $93.87 per hour x 240 hours = $22,528.80 ≈ $22,529
c. Calculate the cost of unused capacity.
- cost of unused capacity = (279 hours - 240 hours) x $93.87 per hour = 39 x $93.87 per hour = $3,660.93 ≈ $3,661
or
- $26,190 - $22,529 = $3,661
