Insurance.Susan,a trained nurse,was recently elected to the U.S.Senate.Susan is very concerned about the lack of insurance for many children and also working adults who cannot afford the insurance premiums.She proposes legislation that states are taxed sufficiently to provide health insurance coverage to children and that federal funds for state highways are denied to any state that does not also provide insurance coverage for uninsured adults.She also proposed that states with citizens earning higher than average incomes be taxed at a higher rate than other states.Bill,a senator,tells Susan that Congress lacks the authority to tax in this manner because the U.S.Constitution expressly reserves that right to the states.Ellen,another senator,tells Susan that Congress has no authority to link highway funds or any other funds with social welfare objectives.Sam,an administrative assistant,tells Susan that Congress is prohibited from taxing residents of one state at a higher rate than citizens of another state.Which of the following is true regarding Ellen's statement? A) Ellen is correct.
B) Ellen is correct only if the state is making efforts to put social programs into effect and is not acting unreasonably in refusing to provide needed services.
C) Ellen is partially correct in that Congress has no authority to link highway funds with social services,but any other funds may be linked to social services by executive order.
D) Ellen is partially correct in that Congress has no authority to link highway funds with social services,but other funds may be linked to social services by an act of Congress.
E) Ellen is incorrect.

Answer: All bankruptcy petitions are filed by creditors seeking to protect their claims against firms in financial distress.

Explanation:Bankruptcy is a legal process through which people or other entities who cannot repay debts to creditors may seek relief from some or all of their debts. In most jurisdictions, bankruptcy is imposed by a court order, often initiated by the debtor. Bankruptcy is not the only legal status that an insolvent person may have, and the term bankruptcy is therefore not a synonym for insolvency. In some countries, such as the United Kingdom, bankruptcy is limited to individuals; other forms of insolvency proceedings (such as liquidation and administration) are applied to companies. Bankruptcy is the legal proceeding involving a person or business that is unable to repay outstanding debts. The bankruptcy process begins with a petition filed by the debtor, which is most common, or on behalf of creditors, which is less common. All of the debtor's assets are measured and evaluated, and the assets may be used to repay a portion of outstanding debt.

Answer:

b. We cannot find adequate industry averages

Explanation:

• Ratio analysis is a process for determining also to interpret the relationship between the items of financial statements. It aims to provide a meaningful understanding of the position of the organization.

• There are five basic types of ratios as the profitability, the liquidity, the activity, debt, and market thus its use for an intra and inter-firm comparison, useful in locating weaker areas, helpful in addressing the operating efficiency and simplifies accounting data.

Answer:

raw material inventory turnover = 4.42

number of days sale in raw materials inventory = 21.97

Explanation:

given data

beginning inventory = $930 million

ending inventory = $880 million

purchased raw materials  = $3,956 million

used raw materials  = $4,006 million

solution

we get here first raw material inventory for turnover that is

raw material inventory turnover =    ..............1

here average raw material inventory =

average raw material inventory = $905 million

so from equation 1

raw material inventory turnover =  

raw material inventory turnover = 4.42

and

now number of days' sales in raw materials inventory will be as

number of days sale in raw materials inventory =  × 365   .............2

put here value

number of days sale in raw materials inventory =  × 365

number of days sale in raw materials inventory = 21.97

Answer:

If all the given description follows then:

You are a proponent of the WEAK form of the EMH.

Explanation:

Here, it has been given that:

I am believing that stock prices can reflect or show all the information about it which can be derived by examining the data related to it

i.e. The market trading data

This market trading data depicts the stock prices at the present and also the past values of all the stock prices. It also contains short interests, trading volume.

But i in this case doesn't think that its all correct as i think that the stock prices  will reflect all the information's publicly and all the information's related to it fro the inside.

So, If all the given description follows then:

You are a proponent of the WEAK form of the EMH.

Weak form of EMH:  The EMH weak form's depicts or supposes that the prices of the stock prices and their current values get reflected in full form.

Also allows to present all the security information of it.

It consists of all the present and current data and also the data related to the volume which have no connection with the information in future direction of the prices of security.

Answer: $538,806.50

Explanation:

This question is a compound interest question. If the savings increased at 14% per year then the amount when he is 68 will be;

Future Value = Present Value * ( 1 + Interest Rate ) ^ Years

Years = 68 - 20

= 48

Future Value = 1,000 ( 1 + 14%) ^ 48

= 1,000 * 538.8065

= $538,806.50

Dimitry formats his memo so the four heading elements are positioned to the left of the page. This is an example of the design principle of alignment

Explanation:

The principle called alignment in designing refers to the way the elements are arranged relative to each other and to the page. There are different kinds of alignments used such as edge alignment,center, horizontal, vertical alignment and mixed alignment.

In the example given, Dimitry is formatting the memo in which the heading elements are positioned to the left of the page. Hence the design principle used by  Dimitry  will be the principle of alignment. This helps in creating a balance of elements and helpful of readers.