Answer:
A business transaction is a financial transaction between two or more parties that involves the exchange of goods, money, or services
Answer: Both assets and liability sides decreases by $1,200.
Explanation:
Given that,
Purchased merchandise on account = $12,500
Merchandise return to supplier = $1,200
All merchandise sold = $18,800 cash
This will results in the:
Decrease in inventory by $1,200 which means that assets decreases by $1,200.
Accounts payable also reduces by $1,200 which means that liability decreases by $1,200.
Hence, both sides of the balance sheet i.e. assets and liability decreases by $1,200.
Answer:
Overpriced
Explanation:
The computation is shown below;
As we know that
Expected rate of return = risk free rate + beta × ( expected market rate of return - risk free rate )
= 0.04 + 1.3 × (0.115 - 0.04)
= 0.1375
As the return of the security is 0.1375 i.e. more than the expected rate of return i.e. 0.115
Hence, it is overpriced
Under the Affordable Care Act, all U.S. citizens are required to have healthcare coverage.
Jane being 78 is eligible for Medicare, so she will not have to purchase insurance under the ACA
<h3><u>What is ACA and its objectives?</u></h3>
The comprehensive health care reform bill passed in March 2010 is known as the Patient Protection and Affordable Care Act (often known as the Affordable Care Act or "ACA" for short).
Three main objectives of the legislation are:
- Make more individuals eligible for affordable health insurance. For households earning between 100 percent and 400 percent of the federal poverty threshold, the bill offers subsidies to customers in the form of "premium tax credits" that reduce expenses (FPL).
- To include all people with incomes below 138 percent of the FPL, the Medicaid program should be expanded. Not all states have made Medicaid program expansions.
- Encourage cutting-edge medical care delivery strategies intended to reduce overall health care expenditures.
Therefore, Jane is eligible for Medicare, so she will not have to purchase insurance under the ACA.
To know more about, Affordable Care Act, check the links.
brainly.com/question/1388743
brainly.com/question/23372944
#SPJ4
