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Using workshop readings and your own online research, write a three-page paper evaluating the Affordable Care Act as an example of federal health policy development, its ramifications on public health, and how the ACA does not fit into the traditional model of legislating. Your paper should include:
A. How the ACA was formulated and the difficult legislative path taken for its eventual implementation. You should take into consideration the Supreme Court’s ruling to finally put the ACA into effect.
B. The impact of moving the U.S. towards universal health coverage.
C. How the ACA is being implemented in each state. Are all states cooperating?
D. Do you agree with the ACA? What parts would you change and what parts would you keep? Why?
Pearson Brothers recently reported an EBITDA of $10.5 million and net income of $2.1 million. It had $2.0 million of interest expense, and its corporate tax rate was 30%. What was its charge for depreciation and amortization?
Do you believe that this is a fair test? Why or why not? If you are asked to review the employee selection procedures, would you make any changes to this system? Why or why not?
Sometimes, the management of a corporation will waste a firm’s resources on things like lavish office furnishings and a corporate jet. Is this behavior more likely to occur when the firm is 100% equity financed or when it has some debt in its capital..
What is the present value of 100 shares of stock that will pay an annual dividend of $5 per share and will be sold in 8 years for $80 per share? Assume that the investor receives the last dividend on the same day that the stock is sold. Also assume t..
Here are the budgets of Brandon Surgery Center for the most recent historical quarter (in thousands of dollars): Explain how each amount in the flexible budget was calculated. What do the Part B results tell Brandon’s managers about the surgery cente..
A municipal bond you are considering as an investment currently pays a 6.81 percent annual rate of return. Calculate the tax equivalent rate of return if your marginal tax rate is 28 percent. Calculate the tax equivalent rate of return if your margin..
If you invested in a long-term U.S. Treasury bond to hold to maturity, which form of risk should most concern you?
Reversing Rapids Co. purchases an asset for $182,837. This asset qualifies as a five-year recovery asset under MACRS. The five-year expense percentages for years 1, 2, 3, and 4 are 20.00%, 32.00%, 19.20%, and 11.52% respectively. Reversing Rapids has..
A company enters into a futures contract to sell 5,000 bushels of wheat for 750 cents per bushel. The initial margin is $3,000 and the maintenance margin is $2,000. What price change would lead to a margin call? Under what circumstances could $1,500 ..
The CFO of Jupiter Jibs (JJ) expects this year's sales to be $2.5 million. EBIT is expected to be $1 million. The CFO knows that if sales actually turn out to be $2.3 million, JJ's EBT will be $888,000. What is JJ's degree of operating leverage (DOL)..
The following information refers to six-month call option on the stock of XYZ, Inc. What is the intrinsic value of the option? What is the option's time premium at this price?
Suppose that MNINK Industries’ capital structure features 63 percent equity, 7 percent preferred stock, and 30 percent debt. Assume the before-tax component costs of equity, preferred stock, and debt are 11.60 percent, 9.50 percent, and 9.00 percent,..
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