A 79-year-old male came to the emergency department of a local hospital complaining of weakness and left arm pain. He had had an episode of profound weakness, chest pain, and left arm pain the day before admission after his daily walk. He had a history of non-insulin dependant diabetes and unstable angina.
Cardiac enzymes
|
11:30 am 9/10/2001 |
10 pm 9/10/2001 |
|
|
Total CK (30-200 U/L) |
100 |
92 |
|
CK-MB |
4 |
3 |
|
Total LD (80-180 U/L) |
155 |
164 |
|
Troponin T (0-0.1 mg/L) |
0.2 |
0.1 |
In: Nursing
Complete Stop Driving School charges $500 per student to prepare and administer written and driving tests. Variable costs of $150 per student include trainers' wages, study materials, and gasoline. Annual fixed costs of $140,000 include the training facility and fleet of cars.
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1. |
For each of the following independent situations, calculate the contribution margin per unit and the breakeven point in units by first referring to the original data provided: |
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a. |
Breakeven point with no change in information. |
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b. |
Decrease sales price to
$ 250$250 per student. |
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c. |
Decrease variable costs to
$ 100$100 per student. |
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d. |
Decrease fixed costs to
$ 122 comma 500$122,500. |
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2. |
Compare the impact of changes in the sales price, variable costs, and fixed costs on the contribution margin per unit and the breakeven point in units. |
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Requirement 1. For each of the following independent situations, calculate the contribution margin per unit and the breakeven point in units:
Begin by showing the formula for contribution margin per unit and then enter the amounts to calculate the contribution margin per unit for each situation. (Abbreviation used: CM = contribution margin.)
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- |
= |
CM per unit |
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Situation a. |
- |
= |
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Situation b. |
- |
= |
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Situation c. |
- |
= |
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Situation d. |
- |
= |
Now select the labels to show the formula for breakeven point in units and then enter the amounts to calculate the breakeven point in units for each situation. (Complete all answer boxes. Abbreviation used: CM = contribution margin.)
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( |
+ |
) / |
= |
Required sales in units |
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Situation a. |
( |
+ |
) / |
= |
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Situation b. |
( |
+ |
) / |
= |
|||||
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Situation c. |
( |
+ |
) / |
= |
|||||
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Situation d. |
( |
+ |
) / |
= |
|||||
Requirement 2. Compare the impact of changes in the sales price, variable costs, and fixed costs on the contribution margin per unit and the breakeven point in units.
First, compare the impact of changes in the sales price, variable costs, and fixed costs on the contribution margin per unit.
The contribution margin
▼
decreases
does not change
increases
when the sales price decreases. The contribution margin
▼
decreases
does not change
increases
when variable costs decrease. The contribution margin
▼
decreases
does not change
increases
when the fixed costs decrease.
Now, compare the impact of changes in the sales price, variable costs, and fixed costs on the breakeven point in units.
The breakeven point
▼
decreases
does not change
increases
when the sales price decreases. The breakeven point
▼
decreases
does not change
increases
when the variable costs decrease. The breakeven point
▼
decreases
does not change
increases
when fixed costs decrease.
Choose from any list or enter any number in the input fields and then continue to the next question.
In: Accounting
In the following various property transactions in 2018, determine the basis of property sold, as wells as the amount and character of gain or loss recognized.
a) On December 15, 2017, Tom received 100 shares of Foster Corp. as compensation for services. The adjusted basis of the stock was $4,000, and its fair market value at the time of transfer was $5,000. Tom sold the stock of February 15, 2018 for $7,500. (Sale Price: $7,500)
b) On December 15, 2017, Tom received 100 shares of Foster Corp. as compensation for services. The adjusted basis of the stock was $4,000, and its fair market value at the time of transfer was $5,000. Tom sold the stock on February 15, 2018 for $4,800. (Sale Price: $4,800)
c) In April 2018, Tom received an acre of land as a gift from uncle. At the time of the gift, the land has a FMV of $50,000. The uncle purchased the land for $40,000 in July, 2016. Tom held the land as an investment and sold it for $55,000 in May, 2018. (Sale Price: $55,000)
d) In June 2018, Hall's mother gifted her 100 shares of a listed stock. The donor's basis for this stock, which she bought in 2011, was $4,000, and market value on the date of the gift was $3,000. The donor paid no gift tax. Hall sold the stock received from her mother for $2,500 in July 2018. (Sale Price: $2,500)
e) In June 2018, Hall's mother gifted her 100 shares of a listed stock. The donor's basis for this stock, which she bought in 2011, was $4,000, and market value on the date of the gift was $3,000. The donor paid no gift tax. Hall sold the stock received from her mother for $4,500 in July 2018. (Sale Price: $4,500)
f) During 2015, Tom purchased 100 shares of preferred stock of Boling Corp. for $5,500. In May 2018, Tom received a stock dividend of 10 additional shares of Boling Corp. preferred stock. On the date of distribution, it had a fair market value of $60 per share. In December 2018, Tom sold all of 110 shares of preferred stock for $100 per share. (Sale Price: $11,000)
g) On January 5, 2017, Tom purchased for $6,000, 100 shares of Campbell Corporation common stock. On July 8, 2018, he received a nontaxable stock dividend of 10 shares of Campbell Corporation $100 par value preferred stock. On that date, the market values per share of the common and preferred stock were $75 and $150, respectively. On August 8, 2018, Tom sold the 100 shares of common stock for $9,000 and 10 shares of preferred stock for $2,300. (Sale Price: CS $9,000 / PS $2,300)
In: Accounting
3. Consider the following data on the prices of four bonds:
| Bond Principal($) | Time to Maturity(Years) | Annual Coupon($) | Bond Price($) |
| 100 | 0.50 | 0 | 92.0 |
| 100 | 1.00 | 0 | 91.0 |
| 100 | 1.50 | 3 | 99.0 |
| 100 | 2.00 | 6 | 104.0 |
*Half the stated coupon is assumed to be paid every six months:
Calculate two-year zero rate.
In: Finance
Initially, a consumer spends her entire income on 100 units of x and 60 units of y, both normal goods. Now suppose the price of x increases by $6. If at the same time the price of y decreases by $10, the consumer would
In: Economics
We have the following table for humidifiers:
Price Quantity supplied Quantity demanded
$200 5,500 3,500
$175 5,000 4,000
$150 4,500 4,500
$125 4,000 5,000
$100 3,500 5,500
$75 3,000 6,000
$50 2,500 6,500
$25 2,000 7,000
$0 1,500 7,500
What is the equilibrium price?
Group of answer choices
$75
$100
$150
$175
In: Economics
A stock is currently trading for $100 each month the stock when I the increase in price by a factor of U equals 1.05 or fall by a factor of D equals 0.90 the risk free rate of interest per month is 0.1668% in simple terms and investment of a dollar at the risk free rate returned 1.01668 after 1 month what is the price of a 100 strike to month European put option?
In: Accounting
Refer to Table 10-6 below. Calculate this country's real GDP for each of the following years, 2008, 2009, 2010 and 2011.
| Year | Price of Waffles | Quantity of Waffles | Price of Pancakes | Quantity of Pancakes |
|
2008 (Base Year) |
$2 | 100 | $1 | 100 |
| 2009 | $2 | 120 | $2 | 150 |
| 2010 | $2 | 150 | $3 | 200 |
| 2011 | $4 | 180 | $3 | 220 |
In: Economics
If a semi-annual bond has par-value is $100, 5% coupon and 8 years of remaining maturity, what would be the market price if yield is 6%
100, 106.78, 93.71, or none of the above
In: Finance
P15-8 Price Dilution [LO3]
|
Left Turn, Inc., has 176,000 shares of stock outstanding. Each share is worth $100, so the company's market value of equity is $17,600,000. |
| Required: |
| (a) |
Suppose the firm issues 22,000 new shares at the price of $100, what will the effect be of this offering price on the existing price per share? (Do not round your intermediate calculations.) |
(Click to select) 0.25, 0.00,
80.00, 60.50, -0.25
| (b) |
Suppose the firm issues 22,000 new shares at the price of $93, what will the effect be of this offering price on the existing price per share? (Do not round your intermediate calculations.) |
(Click to select) 78.60, -0.74,
58.60, -0.82, -0.78
| (c) |
Suppose the firm issues 22,000 new shares at the price of $71, what will the effect be of this offering price on the existing price per share? (Do not round your intermediate calculations.) |
(Click to select) -3.38, -3.22,
-3.06, 74.20, 54.20
In: Finance