Answer:
What were wealthy merchants known as in India?What were wealthy merchants known as in India?
What were wealthy merchants known as in India?
Explanation:
What were wealthy merchants known as in India?I miss you so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so so much
Answer:
Explanation:
A special project is going to be started by Hally Corporation. Company is considering using stocks of an old raw material in a special project. The special project would require all 230 kilograms of the raw material that are in stock and that originally cost the company $900 in total. If the company were to buy new supplies of this raw material on the open market, it would cost $8.25 per kilogram. However, the company has no other use for this raw material and would sell it at the discounted price of $7.50 per kilogram if it were not used in the special project. The sale of the raw material would involve delivery to the purchaser at a total cost of $50 for all 230 kilograms. What is the relevant cost of the 230 kilograms of the raw material when deciding whether to proceed with the special project?
Jessica from the legal team needs to make a presentation on intellectual property rights. She is making this presentation for content writers who use content from various sources. This is the first time she is making a presentation. She does extensive research by reading up relevant resource materials. She puts together a presentation that she thinks is informative and effective. The presentation is due tomorrow. Before the presentation, she feels that it would be beneficial if someone else takes a look at her presentation slides. So, she shares her deck with Alison, her colleague, for a review. Alison feels that the deck is too detailed and content heavy. What should Jessica do in this situation
Answer:
Jessica should utilize the advice offered by Alison to edit her presentation slides, removing unnecessary details.
Explanation:
Editing the presentation will enable Jessica to get rid of unnecessary and unwanted stuff. It will also ensure that the presentation is error-free and achieves grammatical accuracy. Presentation slides should not be detailed since the required details are usually given during the proper presentation.
A manager must make a decision on shipping. There are two shippers: A and B. Both offer a two-day rate: A for $514, and B for $527. In addition, A offers a three-day rate of $472 and a nine-day rate of $407, and B offers a four-day rate of $458 and a seven-day rate of $424. Annual holding costs are 31 percent of unit price. Three hundred and sixty boxes are to be shipped, and each box has a price of $146. Which shipping alternative would you recommend
Answer:
Ship two-day using A ship
Explanation:
It is given that :
Total number of boxes to be shipped = 360 boxes
Cost of annual holding = 31%
= 0.31
Price for each box = $ 146
∴ Cost of total boxes = 146 x 360
= $52,560
∴ Total holding cost = 0.31 x 52560
= $ 16,293.60
Now the holding cost for one day = [tex]$\frac{16,293.60}{365}$[/tex] days
= 44.640 per day
For shipper A
Shipping cost + days x holding cost
Cost for 2 days = 514 + 2 x 44.640 = $ 603.28
Cost for 3 days = 472 + 3 x 44.640 = $ 605.92
Cost for 9 days = 407 + 9 x 44.640 = $ 808.76
Similarly for shipper B
Shipping cost + days x holding cost
Cost for 2 days = 527 + 2 x 44.640 = $ 616.28
Cost for 4 days = 458 + 4 x 44.640 = $ 636.56
Cost for 7 days = 424 + 7 x 44.640 = $ 736.48
Thus from above we can conclude that choosing Ship A for two days is the correct option.
Retained earnings is: Multiple Choice The positive cash flows of a company. The net worth of a company. The owners' equity that has accumulated as a result of profitable operations. Equal to the total assets of a company.
Answer:
The net worth of a company
Explanation:
Retained earnings is what is left of net income after paying out dividends
Retained earnings = beginning of period retained earnings + net income - dividends
Water Technology, Inc. Incurred the following costs during 20xt. The company sold all f ts products manufactured during the year
Direct material $5,000,000
Direct labor 2,400,000
Manufacturing overheadr
Utilities (primarily electricity) 120,000
Depreciation on plant and equipment 220,000
Insurance 150,000
Supervisory salaries 400,000
Property taxes 230,000
Selling costs
Advertising 165,000
Sales commissions 80,000
Administrative costs
Salaries of top management and staft 372,000
Office supplies 45,000
Depreciation on building and equipment 80,000
During 20x1, the company operated at about half of its capacity, due better. Jared Lowes, the marketing manager, forecasts a 20 percent growth in sales over the 20xt level.
Required Categorize each of the costs listed below as to whether it is most likely variable or fixed. Forecast the 20x2 cost amount for each of the cost items listed
Answer:
Part 1
Variable Costs
Direct material $5,000,000
Direct labor $2,400,000
Fixed Costs
$
Utilities (primarily electricity) 120,000
Depreciation on plant and equipment 220,000
Insurance 150,000
Supervisory salaries 400,000
Property taxes 230,000
Salaries of top management and staff 372,000
Office supplies 45,000
Depreciation on building and equipment 80,000
Part 2
Forecast the 20x2 cost amount for each of the cost items listed
Direct material ($5,000,000 x 1.20) $6,000,000
Direct labor (2,400,000 x 1.20) $2,880,000
Utilities (primarily electricity) $120,000
Depreciation on plant and equipment $220,000
Insurance $150,000
Supervisory salaries $400,000
Property taxes $230,000
Salaries of top management and staff $372,000
Office supplies $45,000
Depreciation on building and equipment $80,000
Explanation:
Variable Costs vary with the level of production. Examples are Direct Materials and Direct labor.
Fixed Costs remain constant for any production level. Examples are Depreciation and Utilities such as electricity.
A growth in Sales will affect the Variable Costs only. As production increases to meet the 20 percent growth in sales so do these costs since they vary in direct proportion to the level of production.
A company paid $150,000, plus a 6% commission and $4,000 in closing costs for a property. The property included land appraised at $87,500, land improvements appraised at $35,000 and a building appraised at $52,500. What should be the allocation of this property's costs in the company's accounting records
Answer:
Land $81,500; Land Improvements $32,600; Building $48,900
Explanation:
Calculation for What should be the allocation of this property's costs in the company's accounting records
First step is to calculate the total value
Total value= $87,500 + $35,000 + $52,500
Total value= $175,000
Second step
Land appraised = $87,500 ÷ $175,000
Land appraised= 0.50
Land improvement = $35,000 ÷ $175,000
Land improvement = 0.20
Building appraised = $52,500 ÷ $175,000
Building appraised = 0.30
Third step is to calculate the Total Amount
Total Amount= $150,000 + $150,000 × 0.06 + $4,000
Total Amount= $150,000 + $9,000 + $4,000
Total Amount= $163,000
Last step is to calculate the allocation of this property's costs in the company's accounting records
Land appraised = $163,000 × 50%
Land appraised = = $81,500
Land improvement = $163,000 × 20%
Land improvement= $32,600
Building appraised = $163,000 × 30%
Building appraised = $48,900
Therefore What should be the allocation of this property's costs in the company's accounting records is :
Land $81,500; Land Improvements $32,600; Building $48,900
A consulting company collects data on the top 500 firms in the US. For each firm they record CEO salary, annual profit, number of employees, and type of industry. They ask you to build a data science model that explains CEO salary. Is this a problem of supervised learning or unsupervised learning?
Answer:
supervised learning
Explanation:
This would be considered supervised learning. This is because the data that is being collected is also being given specifically tagged category outputs such as CEO salary, annual profit, number of employees, and type of industry. These tags help the model map these factors as outputs for the collected data. Therefore, creating input-output connections for each company. If the data was not tagged and all the data was simply jumbled then it would be unsupervised learning.
Refer to the balance sheet above. If in 2006 Luther has 10.2 million shares outstanding and these shares are trading at $16 per share, then using the market value of equity, the debt-equity ratio for Luther in 2006 is closest to
Answer:
176 %
Explanation:
Note : The full question is attached below
The debt-equity ratio is part of the Debt Management Ratios. It shows how much foreign money is used by the company.
Debt-equity ratio = Total Debt / Total Equity × 100
Where
Total Debt = Short term debt + Current maturities of long term debt + Long term debt
= 9.3 million + 38.8 million + 239.1 million
= $287,200,000
Total Equity = Shares outstanding × Market Value
= 10,200,000 × $16
= $163,200,000
Therefore,
Debt-equity ratio = 176 %
The debt-equity ratio for Luther in 2006 is closest to 176 %
Assume that Wal-Mart Stores, Inc. has decided to surface and maintain for 10 years a vacant lot next to one of its stores to serve as a parking lot for customers. Management is considering the following bids involving two different qualities of surfacing for a parking area of 12,000 square yards.
Bid A: A surface that costs $5.75 per square yard to install. This surface will have to be replaced at the end of 5 years. The annual maintenance cost on this surface is estimated at 25 cents per square yard for each year except the last year of its service. The replacement surface will be similar to the initial surface.
Bid B: A surface that costs $10.50 per square yard to install. This surface has a probable useful life of 10 years and will require annual maintenance in each year except the last year, at an estimated cost of 9 cents per square yard.
Required:
Prepare computations showing which bid should be accepted by Wal-Mart. You may assume that the cost of capital is 9%, that the annual maintenance expenditures are incurred at the end of each year, and that prices are not expected to change during the next 10 years.
Answer:
Bid A should be accepted
Explanation:
Bid A:
initial investment = $5.75 x 12,000 = -$69,000
cash flows years 1 - 4 = $0.25 x 12,000 = -$3,000
cash flow year 5 = -$69,000
cash flows years 6 - 9 = $0.25 x 12,000 = -$3,000
NPV using a 9% discount rate = -$129,881.21
Bid B:
initial investment = $10.50 x 12,000 = -$126,000
cash flows years 1 - 9 = $0.09 x 12,000 = -$1,080
NPV using a 9% discount rate = -$132,474.87
Manufacturing overhead was estimated to be $380,000 for the year along with 20,000 direct labor hours. Actual manufacturing overhead was $395,000, actual labor hours were 22,300. The predetermined overhead rate per direct labor hour would be:
Answer:
the predetermined overhead rate per direct labor hour would be $19
Explanation:
The computation of the predetermined overhead rate per direct labor is shown below:
Predetermined overhead rate per direct labor is
= (Estimated manufacturing overhead) ÷ (direct labor hour)
= ($380,000) ÷ ($20,000)
= $19
Hence, the predetermined overhead rate per direct labor hour would be $19
g The difference between the small business owner and the entrepreneur is that the entrepreneur: Group of answer choices assumes the risk of the business is accurately described by all of the above manages the business files taxes for the business is responsible for the profits of the business
Answer: The entrepreneur assumes the risk of the business
Explanation:
An entreprenuer is a person that's bears the risk and controls the other resources such as the land , labour and the capital.
Also, we should note that the entrepreneur either makes a profit or loss. The difference between the small business owner and the entrepreneur is that the entrepreneur assumes the risk of the business
aagen Inc. is a merchandising company. Last month the company's cost of goods sold was $92,000. The company's beginning merchandise inventory was $14,000 and its ending merchandise inventory was $16,000. What was the total amount of the company's merchandise purchases for the month
Answer:
the company purchase is $94,000
Explanation:
The computation of the total amount of the company merchanise purchase for the month is shown below:
Cost of goods sold = Beginning merchandise inventory + Purchases − Ending merchandise inventory
$92,000 = $14,000 + Purchase - $16,000
So, the purchase is
= $92,000 + $16,000 - $14,000
= $94,000
Hence, the company purchase is $94,000
Some major considerations when deciding on housing are needs and?
Answer:
Budget
Explanation:
on edge2021! hope this helps!~ (*^▽^*)
Some major considerations when deciding on housing are needs and budget.
What is Budget?A budget is a financial plan for a specific period of time, typically a year. The budget covers all phases of operations for a specific period of time in the future. It is a formal expression of top management's predetermined policies, plans, objectives, and goals.
It may also take into account expected sales volumes and revenues, costs and expenditures, resource quantities, and assets, liabilities, and cash flows.
The first step when making a decision about housing is to get useful information on available housing in the areas where you are most interested to buy your new home. Also, while selecting a home, two important things to consider are needs and budget.
Therefore, needs and budget should be taken into consideration while making a decision on buying a house.
To learn more on budget, click here:
https://brainly.com/question/15683430
#SPJ7
In the _________________strategic focus, firms use their proactive environmental commitments in an attempt to differentiate their products and services for their customers and also allows potential customers to consider the natural environment when they are purchasing products and services.
Answer:
Beyond compliance leadership
Explanation:
Beyond compliance leadership is a very crucial strategic focus which requires a firm to go extra mile beyond the effort their compititors are making, their products should be differentiated from their competitors through proactive environmental commitments.
It should be noted that In the Beyond compliance leadership
strategic focus, firms use their proactive environmental commitments in an attempt to differentiate their products and services for their customers and also allows potential customers to consider the natural environment when they are purchasing products and services.
There is a goose that lays golden eggs, one each year, arriving at the end of the year. Each egg weighs one pound. The price of gold is currently $1,247 per ounce (16 ounces in a pound), and this is your best guess for the price going forward. You expect the goose to live 10 years (thus laying 10 eggs). How much is this goose worth today if the discount rate is 8%
Answer:
$133,880
Explanation:
Missing word "How much is this goose worth today?"
Each year 1 golden egg, we get which weighed at 1 pond
1 pound = 16 ounce
Therefore 1 golden egg = 16 ounce
Therefore 1 golden egg = 16 ounce * $1,246/ounce
Therefore 1 golden egg = $19,952
Therefore for 10 years discounted at 8%, the worth of the goose shall be
= Yearly cash flow * Sum of D.F.8%, 10 years
= $19,952 * 6.7101
= $133,880
So, the worth of the goose today is $133,880
When do things move faster? Day or night?
day
Explanation:
bc its day time and your doing things lol
Answer:
At Night
Explanation:
At night the air becomes denser due too humidity. Humid air is denser than warmer air as in the day.
Scott used $4,000,000 from his savings account that paid an annual interest of 5% to purchase a hardware store. After one year, Scott sold the business for $4,100,000. His accounting profits is:
Answer:
$100,000
Explanation:
Accounting profit = Revenue - Explicit Cost
$4,100,000 - $4,000,000 = $100,000
Accounting profit does not taken into account opportunity cost or implicit cost. The implicit cost here is the amount of interest forgone by starting the store
This interest rate would have been earned if he left the money in his account
Use the indirect pattern when you need to soften or delay bad news until after an explanation is given. Understanding the four components of the indirect pattern will help you craft messages that convey empathy, present reasons, cushion bad news, and close pleasantly. What buffering technique are you using if you provide objective information in your opening
Answer:
Facts.
Explanation:
You can use the indirect pattern when you need to soften or delay bad news until after an explanation is given. Basically, understanding the four components of the indirect pattern will help you craft messages that convey empathy, present reasons, cushion bad news, and close pleasantly.
Hence, if you provide objective information in your opening the buffering technique you are using is facts.
This ultimately implies that, the opening of a message can be buffered through the inclusion of facts and as such introducing a bad news objectively. Also, the facts used as a buffer technique should be concise, relevant and straightforward.
A stock repurchase may be viewed as A. a dividend decision when the firm has excess cash. B. a financing decision when the firm wants to alter its capital structure. C. an operating leverage decision.
Answer:
A. a dividend decision when the firm has excess cash. B. a financing decision when the firm wants to alter its capital structure.
Explanation:
share repurchase, can be regarded as a decision that a firm make to buy it's own share back to its self from the market place. Company do this to boast the stock in term of value.
Why does the cost of capital constitute a direct link between return on capital expenditure and the returns required by capital investors
Answer:
The overview of the statement is summarized below.
Explanation:
The capital structure seems to be the ratio of net required by investors toward about there capital expenditure. Investment return capital spending seems to be the return rate required for expenditure. Returns required by financial institutions are much worse than the amount of capital, even before investors necessitate a reasonable level of profitability.Compton Inc. has a beginning materials inventory balance for May of $27,500, and an ending balance for May of $28,750. Materials used during the month were $128,900. As a result, what is the cost of materials purchased during the month
Answer:
Purchases= $130,150
Explanation:
Giving the following information:
Beginning inventory= $27,500
Ending inventory= $28,750.
Materials used during the month were $128,900.
To calculate the direct material purchase, we need to use the following formula:
Purchases= production + desired ending inventory - beginning inventory
Purchases= 128,900 + 28,750 - 27,500
Purchases= $130,150
who has better abs 1 or 2?
Answer:
1
Explanation:
They just look more... real???
Answer:
Lm.ao what
Explanation:
Ig the second one lol
The stage which relates to
development of decision making
abilities, interpersonal and technical
competencies is known as:
Select one:
a. Facilitating the improvement
of quality and employee
productivity
b. Norming
c. Storming
d. Forming
= Storming
Explanation:
The stage which relates to
development of decision making
abilities, interpersonal and technical
competencies is known as storming
'Team development' consists of five distinct stages with each having its own significance in ensuring smooth and effective performance by every member for attaining the desired goals.
The stage of team development that is associated with making a decision by ruling out internal conflicts or competencies would be:
c). Storming
'Storming' is described as the stage at which the various members of the team come up with a variety of ideas. Each member attempts to make sure that his/her idea stands out and this leads to arguments, competition, and conflicts among the team members. As a result, the original goal of the team is often sidelined. Therefore, the leader plays a key role in managing these conflicts and strike focus back to the goal. The leader of the team communicates with the team and makes a decision that helps in gathering the team as a unit for setting out the norms in the next stage.
Thus, option C is the correct answer.
Learn more about 'team development' here:
brainly.com/question/2133587
The following information is available for Sunland Company
Accounts receivable $3,400 Cash $6,200
Accounts payable 4,800 Supplies 3,740
Interest payable 520 Unearned service revenue 860
Salaries and wages expense 5,200 Salaries and wages payable 800
Notes payable 32,500 Depreciation expense 700
Common stock 50,600 Equipment (net) 110,500
Inventory 2,900
Required:
Using the information above, prepare a balance sheet as of December 31, 2022.
Answer:
Sunland Company
Balance Sheet as at December 31, 2022
ASSETS
Non - Current Assets
Equipment (net) 110,500
Total Non - Current Assets 110,500
Current Assets
Inventory 2,900
Supplies 3,740
Accounts receivable 3,400
Cash 6,200
Total Current Assets 16,240
Total Assets 126,740
EQUITY AND LIABILITIES
Equity
Common stock 50,600
Retained Earnings 36,660
(126,740 - 39,480 - 50,600)
Total Equity
Liabilities
Current liabilities
Accounts payable 4,800
Interest payable 520
Unearned service revenue 860
Salaries and wages payable 800
Total Current liabilities 6,980
Non - Current liabilities
Notes payable 32,500
Total Non - Current Liabilities 32,500
Total Liabilities 39,480
Total Equity and Liabilities 126,740
Explanation:
A Balance Sheet shows the Assets, Liabilities and Equity as at the Reporting date.
The Retained Earnings have been calculated as 126,740(Total Assets) - 39,480 (Total Liabilities) - 50,600 (Common Stock) = $50,600.
On January 1, 2021, Blossom Corporation signed a 10-year noncancelable lease for certain machinery. The terms of the lease called for Blossom to make annual payments of $185015 at the end of each year for 10 years with the title passing to Blossom at the end of this period. The machinery has an estimated useful life of 15 years and no salvage value. Blossom uses the straight-line method of depreciation for all of its fixed assets. Blossom accordingly accounted for this lease transaction as a financial lease. The lease payments were determined to have a present value of $1241466 at an effective interest rate of 8%. With respect to this lease, Blossom should record for 2021
a. interest expense of $82764 and amortization expense of $69431.
b. interest expense of $99317 and amortization expense of $82764.
c. interest expense of $83317 and amortization expense of $124147.
d. lease expense of $99317.
Answer:
the interest expense os $99,317 and the depreciation expense of $82,764
Explanation:
The computation of the interest expense and the depreciation expense is given below:
Interest expense is
= Present value × effective interest rate
= $1,241,466 × 8%
= $99,317
And, the depreciation expense is
= Present value ÷ estimated life
= $1,241,466 ÷ 15 years
= $82,764
Hence, the interest expense os $99,317 and the depreciation expense of $82,764
This is the answer but the same is not provided in the given options
ABC Company listed the following data for the current year:
Budgeted factory overhead $1,044,000
Budgeted direct labor hours 69,600
Budgeted machine hours 24,000
Actual factory overhead 1,037,400
Actual labor hours 72,600
Actual machine hours 23,600
If overhead is applied based on machine hours, the overapplied/underapplied overhead is:
a. $15,300 overapplied.
b. $15,300 overapplied.
c. $10,800 underapplied.
d. $10,800 overapplied.
e. $-0-.
Answer:
$10,800 underapplied
Explanation:
Calculation for If overhead is applied based on machine hours, the overapplied/underapplied overhead is:
Overhead machine hours=[($1,044,000/24,000)×23,600]-1,037,400
Overhead machine hours=($43.50 x 23,600) - 1,037,400
Overhead machine hours=$1,026,600- 1,037,400
Overhead machine hours= $10,800 underapplied
Therefore If overhead is applied based on machine hours, the overapplied/underapplied overhead is:$10,800 underapplied
Which out of the following is phenomenon that leads to Hyperinflation?
Select one:
a. It is a situation when a nation experiences very high and
accelerating inflation.
b. It is a situation caused by an increase in prices of inputs like labour, raw material
c. It is a situation of persistent rise in inflation along with dip in growth and increase in unemployment
d. It is a situation when aggregate demand in an economy outpaces aggregate supply
= It is a situation when a nation experiences very high and
accelerating inflation.
Q.1Alexander Company purchased a piece of equipment for $12,000 and depreciated it for three years over a five-year estimated life with an expected residual value at the end of five years of $2,000. At the end of the third year, Alex decided to upgrade to equipment with increased capacity and sold the original piece of equipment for $7,200. Calculate the gain or loss on the disposal at the end of the third year.
Answer:
gain of $3,200
Explanation:
The equipment cost $12,000.
The depreciable amount = Cost price - salvage value
=$12,000 -$ 2,000
=$10,000
The equipment was being depreciated over five years. The depreciation rate will be
=1/5 x 10=0.2
=20%
Depreciation per year will be
=20/100 x $10,000
=0.2 x $10,000
=$2,000 per year
Depreciation for 3 years
=$2,000 x 3
=$6,000
The book value of the equipment after three years will be
=cost price - accumulated depreciation
=$10,000 - $6,000
=$4,000
The equipment was sold for $7,200
the gains will be selling price - book value
=$7,200 - $4,000
=$3,200
A step-by-stepguide Suppose that during the past year, the price of a laptop computer fell from $2,350 to $1,930. During the same time period, consumer sales increased from 436,000 to 537,000 laptops.
Required:
Calculate the elasticity of demand between these two price.
Answer:
See below
Explanation:
Elasticity of demand is the degree of responsiveness of demand to a change in price
Quantity demand from 436,000 to 537,000
Change in demand from : 537,000 - 436,000 = 101,000 increase in sales
Percentage change = 101,000/436,000 = 0.23 or 23.17% increase
Price : from $2,350 to $1,930
Change in price : $1,930 - $2,350 = -$420 decrease in price
Percentage change = $400/$2,350 = 0.1702 decrease or 17.02% decrease
Elasticity of demand = 23.17%/17.02% = 1.347
Since the price elasticity is greater than 1, it means that the demand for the product is largely affected by the price.
In 2009, Democratic President Barack Obama called on Congress to pass comprehensive health care reform. The goal of the legislation was to expand access to health insurance to the more than 40 million uninsured Americans and lower the overall cost of health care.
The Democratic-controlled House of Representatives considered many different reforms, including a government-sponsored health plan with a public option and a requirement that all individuals purchase health care known as an individual mandate. Republicans opposed both ideas and put forth their own plans which included tax incentives and methods to lower costs when seeing a doctor. In the end, a bill called the Affordable Care Act (ACA) was passed, which included an individual mandate but not a public option. The final vote in the House was 220-215. Only one Republican supported the bill, while 39 Democrats voted against it.
Republicans immediately began campaigning on a platform of repealing the ACA. After regaining control of the House of Representatives in the 2010 elections, the Republicans passed over 60 bills repealing the ACA. Each time, the legislation stalled in the Democratic-controlled Senate. When Republicans became the majority in both chambers following the 2014 elections, they finally passed a repeal of the Affordable Care Act. That legislation was vetoed by President Obama.
After reading the scenario, please respond to A, B, and C below.
a. Referencing the scenario, describe the party control of government when Congress passed legislation in 2014 to repeal the ACA, and explain how that party control could have affected the attempt to repeal the ACA in 2014.
b. Referencing the scenario, explain why a Republican representative following the delegate model of representation might have cast a vote in favor of the ACA bill in 2009 when it was originally passed.
c. Describe how the judicial branch could be used to implement the Republican’s legislative goals despite President Obama’s veto. Explain how this use of the judicial branch might ultimately affect the success of the Affordable Care Act.
Answer:
a. The party control of government when Congress passed legislation in 2014 to repeal the ACA was when Republicans gained majority seats in both chambers of Congress. This Republican control of Congress was the catalyst for the repeal of the ACA in 2014.
b. The Republican representative who cast a vote in favor of the ACA bill in 2009 followed strictly his constituency mandate.
c. When President Obama vetoed the ACA repeal, the Republicans could proceed to court to try to use the judicial branch of government to implement their legislative goals by requesting for constitutional interpretation of the repealed bill.
If this had happened, it would have seriously hampered the implementation and success of the Affordable Care Act for partisan reasons.
Explanation:
a) Congress is the legislative arm of government that makes the law. The executive implements the law. The judiciary is in charge of the interpretation and application the law to real situations. But when the President vetoes a bill, Congress can override the veto by ensuring that 2/3 of both chambers pass the law. Alternatively, Congress can ask for a judicial interpretation.
Congress is termed as the legislative party that focuses on the implementation of the law and framing of the laws for the benefit of the general public and the citizens. The judiciary in congress is held as in charge of the interpretation and the formation of laws.
The answers to the above questions are:
a. The party of the government was the republicans when congress passed the legislation in the year 2014 for the laying of the appeal of ACA. This Republican control of Congress was the catalyst for the repeal of the ACA in 2014.
b. The Republican representative who cast a vote in favor of the ACA bill in 2009 followed strictly his constituency mandate.
c. When President Obama voted for the ACA repeal, the Republicans proceeded to court to use the judicial branch of government for the implementation of the legislative goals in the request of constitutional interpretation of the appealed bill.
To know more about the scenario of the congress, refer to the link below:
https://brainly.com/question/6102945
How does the trade benefit the society?
Answer:
Trade is critical to America's prosperity - fueling economic growth, supporting good jobs at home, raising living standards and helping Americans provide for their families with affordable goods and services.
