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Timberlake Company owns equipment with a cost of $165,000 and accumulated depreciation of$60,000 that can be sold for $82,000, less a 6% sales commission. Alternatively, the equipment can be leased by Timberlake Company for five years for a total of$84,600, at the end of which there is no residual value. In addition, the repair, insurance, and property tax expense that would be incurred by Timberlake Company on the equipment would total $7,950 over the five years. Prepare a differential analysis on March 23, 2014, as to whether Timberlake Company should lease (Alternative 1) or sell (Alternative 2) the equipment.
"The Supreme Court closed out its term today in dramatic fashion, upholding the Affordable Care Act by a sharply divided vote [in National Federation of Independent Business v. Sebelius]. The Court's bottom line, reasoning and lineup of justices all came as a shock to many.... I don't think anyone predicted that the law would be upheld without the support of Justice Anthony Kennedy, almost always the Court's crucial swing vote. And while most of the legal debate focused on Congress's power under the Commerce Clause, the Court ultimately upheld the law as an exercise of the taxing power ....The most surprising thing of all, though, is that in the end, this ultraconservative Court decided the case, much as it did in many other cases this term, by siding with the liberals."-David Cole, The Nation, June
After reading the scenario above, respond .
In the context of this scenario, explain how the process described in part A can be affected by the executive branch.
(Part A) Describe the process that led to the Supreme Court's ruling on the challenge to the Affordable Care Act.