<span>According to the Affordable Care Act new health insurance marketplaces are established by the Patient Protection Act. This Act was put in place to let patients compare different health insurance companies and benefits to determine what is best for them. The benefits are dependent on how many people or an individual needs coverage and what type of coverage they are wanting to have. </span>
Answer:
Debit K Canopy, Capital $6,200;
Credit K Canopy Withdrawals $6,200
Explanation:
With regards to the above, the entries to close the withdrawals account at the end of the year would be;
Debit K Canopy, Capital $6,200
Credit K Canopy Withdrawals $6,200
Capital is being debited because cash is being taken from the business, hence it will be debited, while withdrawal account would be credited since its receiving cash.
Answer:
a. continue with the project provided that the additional solar electricity is worth more than $10 million.
Explanation:
It is provided that after cost overruns of the project is $10 million, which can never be recovered, thus, it is a kind of sunk cost.
Sunk cost is the cost which is made previously, and now in no manner will affect the decision, as cannot be recovered.
Therefore, such cost is ignored.
Further provided additional cost will be $12 million, therefore, now the society shall make a rational choice whether to continue the project providing solar electricity of $10 million, as in case of amount of solar energy is $32 million or $22 million, then the choice is obvious to accept,
Rational choice will be for solar electricity worth $10 million.
Therefore, correct statement is
a. continue with the project provided that the additional solar electricity is worth more than $10 million.
Answer:
i = 5.48%
Explanation:
We can use the following method to solve the given problem in the question.
Two consecutive 3 year CDs:
=10000 * (1+(0.05/4))^12 * (1+.(0.05/4))^12 = 13, 473.51
One 5 year CD and a 1 year CD:
=10000 * (1+(0.0565/4))^20 * (1+.(0.04/4))^4 = 13,775.75
13,775.75 is the greater.
The annual effective rate is
=10000 * (1+I)^6 = 13,775.75
i = 5.48%
ANSWER: The answer is false.
Explanation: Under (12)US code 1464 of Federal Regulations, saving and loan are regulated. These savings are not regulated by heavy banks but they are still subject to federal regulations. They are also known as S&L's. The regulation is applied to those S&L's industry which come out of the Savings and Loan's Crisis of the 1980.
