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aksik [14]
3 years ago
9

Passed in 2010, this law requires that firms with 50 or more employees provide health care insurance for their workers or pay a

fine if the government must subsidize health care coverage.
a. Health Insurance Portability Accountability Act
b. Patient Protection and Affordable Care Act
c. Consolidated Omnibus Budget Reconciliation Act
d. Occupational Safety and Health Act
Business
1 answer:
8090 [49]3 years ago
3 0

Answer:

The correct answer is B. The law that was passed in 2010, requiring that firms with 50 or more employees provide health care insurance for their workers or pay a fine if the government must subsidize health care coverage is the Patient Protection and Affordable Care Act.

Explanation:

The Patient Protection and Affordable Care Act, informally referred to as Obamacare, is a federal law in the United States that was signed March 23, 2010 by President Barack Obama as part of a healthcare reform in the United States and the expansion of Medicaid.

The essence of Obamacare is basically a federal regulatory law that is intended to control the prices of health plans and also to expand public and private insurance plans to most of the US population. According to the government, the law should improve the quality of service and also reduce the overall cost of health (for each American individual), while ensuring that more people have access to health.  

The law requires the purchase of insurance and the provision of basic services, with serious illness interns, regardless of sex or other conditions. In that sense, Obama's health care reform guarantees a reduction in the cost of purchasing insurance, among other things.

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What is your ownership in a stock represented by
vitfil [10]

Answer:

A stock (also known as equity) is a security that represents the ownership of a fraction of a corporation. This entitles the owner of the stock to a proportion of the corporation's assets and profits equal to how much stock they own. Units of stock are called "shares."

Stocks are bought and sold predominantly on stock exchanges (though there can be private sales as well) and are the foundation of many individual investors' portfolios. These transactions have to conform to government regulations that are meant to protect investors from fraudulent practices. Historically, they have outperformed most other investments over the long run. These investments can be purchased from most online stockbrokers

Explanation:

hope it helps

4 0
2 years ago
. A firm begins the year with a Book Value of $10 million. During the year it generates $5 million in net profits. It paid $1 mi
Keith_Richards [23]

Answer:

b) $12 million

Explanation:

The new Book Value of the firm at the bigining of next year is $12 million.

In the calulation of Net Pfofit, Interst on loan has already been deducted, so deducting it from the total calculation will be wrong.

hence, only dividend paid will be removed from the addition of the Book Value anf the Net profit.

Closing balance = Opening Book Value + Net Profit - Dividend Paid

Note - The Net Profit is already ne of interest on loan.

Closing balance = $10 + $5 - $3

Closing balance is $12

3 0
3 years ago
Cox Co. accounts for its inventory using the LIFO cost method. An inventory loss from a permanent market decline of $360,000 occ
kirill115 [55]

Answer:

$360,000

Explanation:

Last in first out (LIFO) is a method used in inventory where the cost of most recently purchased goods is the one to be expensed first. Also current losses are the first to be reported.

An inventory loss incurred in a quarter must not be deferred, but recorded as items within an interim must be reported in the same period they were incurred, unless it can be redeemed before the end of the fiscal year. It is not considered a temporary item.

The loss reported in May will be reported for that quarter in June.

8 0
3 years ago
A. Is a detailed statement of receipts and expenditures for a period of time in the future
Orlov [11]

Answer

A detailed statement of receipts and expenditure for a period of time in the future is called a Budget

Explanation

An estimate of revenue and expenses over a particular future period of time is referred as the budget. A budget can be made for a family, for an individual or a business entity. In companies, budget is utilized as an internal tool of management.


3 0
3 years ago
Fosnight Enterprises prepared the following sales budget: The expected gross profit rate is 30% and the inventory at the end of
Travka [436]

Answer:

$1,960

Explanation:

Complete Questin:

Fosnight Enterprises prepared the following sales budget:

Month Budgeted Sales

March $6,000

April $13,000

May $12,000

June $14,000

The expected gross profit rate is 30% and the inventory at the end of February was $10,000. Desired inventory levels at the end of the month are 20% of the next month's cost of goods sold. What is the desired beginning inventory on June 1?

Sales = 100% – 30%

Gross Profit = 70%

Cost of Goods Sold (CGS)

Therefore, June Sales= $14,000 × 70%

= 9,800 (CGS) × 20%

= $1,960

8 0
3 years ago
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