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3 years ago

The shared federal and state health insurance program for low-income persons is called

1 answer:

8 0

The joint federal and state health insurance program for low-income persons in the United States is called MEDICAID. Medicaid, helps with medical costs for those people with limited resources and income. While Medicaid is jointly funded by both federal and state governments, it is managed by the state governments.

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Edutailing is the term used to describe the new service distribution channel which combines retail and entertainment elements

melamori03 [73]

A. true.
It was true on my quiz I believe

6 0

3 years ago

The next dividend payment by Dizzle, Inc., will be $2.48 per share. The dividends are anticipated to maintain a growth rate of 4

Juliette [100K]

Answer:

Cost of equity = 10.7%

Explanation:

<em>According to the dividend valuation, the value of a stock is the present value of expected future dividends discounted at the required rate of return.</em>

<em>The model can me modified to determined the cost of equity as follows:</em>

Cost of equity = D/P + g

d- dividend payable next period, p- price of stock ,, - g- growth rate

D- 4.5%, p- $2.48 , g -4.5%

Cost of equity = (2.48 /39.85) + 0.045

= 10.7%

6 0

3 years ago

Which of the following statements are correct? Variable service department costs are charged to operating divisions based on the

padilas [110]

Answer:

•Variable service department costs are charged to operating divisions based on the budgeted rate and actual activity.

• Fixed service department costs are based entirely on budgeted data.

Explanation:

Out of the statements in the question, the correct statements are:

Fixed service department costs are based entirely on budgeted data and

Variable service department costs are charged to operating divisions based on the budgeted rate and actual activity.

It should be noted that fixed cost doesn't varies with production level but variable cost varies with production level.

5 0

3 years ago

Tom and Jerry's has 2.4 million shares of common stock outstanding, 2.4 million shares of preferred stock outstanding, and 14.00

3241004551 [841]

Answer:

Tom and Jerry's

The weight used for common stock in the computation of Tom and Jerry's WACC is:

= 45.22%

Explanation:

a) Data and Calculations:

Common Preferred Bonds

Stock Stock

Outstanding number 2.4 m 2.4 m 14,000

Market price per share $13.40 $10.40 $999.6

Total value $32.16 m $24.96 m $13,994,400

Total value of stock and bonds = $71,114,400

Weight of common stock = $32.16/$71.1144 * 100 = 45.22%

6 0

3 years ago

An ordinary annuity selling at $10,538.38 today promises to make equal payments at the end of each year for the next twelve year

klio [65]

Answer:

The annual annuity payment during this time at the rate of 6.50 % is $1291.67

Explanation:

Compute the annual annuity payments (PMT)

Present Value of annuity (PV) = $10538.38

Number of years (n) = 12

Rate (i) = 6.50%

$Present Value (PV) = PMT [1- (1+r)^{n} ]/r]$

$10538.38 = PMT [1- (1+0.0650)^{-12} ]/0.0650$

$Annual Annuity Payments = 0.0650*10538.38/[1- (1+0.0650)^{-12} ]$

Annual Annuity Payments = $1291.67

6 0

3 years ago