1. Prepare journal entry, 2. post to t-accounts (ledgers), 3. prepare trial balance, 4. prepare adjusting journal entries, 5. post adjusting journal entries to t-accounts(ledgers), 6. prepare adjusted trial balance, 7. prepare income statement, 8. prepare retained earnings statement, 9. prepare balance sheet, 10. prepare closing entries, 11.post closing entries to t-accounts(ledgers), 12. prepare post-closing trial balance. Answered from 1 to 12 in numerical order.

For the past several years, Aaron Jones has operated a consulting business from his home on a part-time basis. As of December 1, 20X1, Aaron decided to move to rented quarters and incorporate his business as Progress Consulting Inc. Progress Consulting entered into the following transactions during December: 12/1 Aaron Jones invested the following assets in the business: cash, $60,000; supplies, $11,000; and office equipment, $25,000. Mr. Jones received stock in an amount equal to his investment in the corporation. 12/2 Paid $8,400 for rent for December 20X1 through February 28, 20X2. 12/3 Paid $13,200 for a one year premium on property and casualty insurance. The policy covers the period December 1, 20X1 to November 30, 20X2. 12/4 Received $12,000 cash from a client as an advance payment for services to be performed in the future. 12/5 Purchased additional office equipment on account from Payne Company for $10,000. 12/10 Paid $6,000 for a newspaper advertisement that ran in today's paper. 12/11 Paid Payne Company $4,000 for part of the debt incurred on December 5. 12/12 Billed clients for services performed on account, $5,400. 12/17 Received cash payment from client for services performed on this date, $15,000. 12/18 Paid $6,000 for supplies. 12/20 Billed clients for services performed on account, $16,000. 12/24 Received cash payment from client for services performed on this date, $3,000. 12/25 Received cash from clients as payment on account, $4,000. 12/30 Paid $550 for utilities for December. 12/31 Paid cash dividend of $5,000.

eMAR yearly cost comparison Yearly costs Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 eMAR A $150,000 $50,000 $50,000 $50,000 $50,000 $50,000 eMAR B $75,000 $75,000 $75,000 $75,000 $75,000 $75,000 eMAR labor cost comparison Cost of labor Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 eMAR A $100,000 $1,000 $1,000 $1,000 $1,000 $1,000 eMAR B $20,000 $20,000 $20,000 $20,000 $20,000 $20,000 14. Complete the table below by adding the yearly costs and cost of labor for years one through six for eMAR A and eMAR B. What are the six-year projected total costs for eMAR A and eMAR B? Cumulative costs (answer table) Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 eMAR A eMAR B Review the General Hospital barcoded eMAR implementation power point slides that are to be presented to the Selection Committee (found under 1: Overview & Resources along with this activity document). Then answer the following questions.

15. Slide three mentions that a Centralized data repository exists between General Hospital, where the medication orders are placed and the medications are dispensed, and Lakeview Pharmacy, where the medication orders are filled and barcoded. After reading the resource Health Information Exchange, explain how a Centralized data repository may impact the eMAR selection and implementation process.

16. On slide nine barcoded medication carts were scored by end-users for workflow, ergonomic, and durability. Based on the end-user score, which system would you recommend?

a. Construct an R-chart for this process.

b. Does the process appear to be in control? Why or why not?

c. Why must the R chart be read before the x-chart?

What should be the price of an 8% coupon corporate bond with 3 years to maturity that is selling at a static spread of 110bp?

Compute, if possible, how much revenue would be needed to breakeven in terms of cash flow. Comment on the financial viability of the venture. Would you suggest any changes? If so, what are they? If you do, this becomes your ‘base’ model.

If an angel offered funding of $30,000 for 40% of your company, how would you view the angel’s offer?

A garage is installing a new​ "bubble-wash" car wash. It will promote the car wash as a fun activity for the​ family, and it is expected that the novelty of this approach will boost sales in the medium term. If the cost of capital is 88​%,by using the data in the table​ above, calculate the net present value​ (NPV) of this project.

1. AFC for 8 units of output is $4.5
2. AVC for 4 units of output is $15
3. TC is increased by $14 when the 5^th unit of output is added
4. The ATC of 6 units of output is the same as the ATC of 5 units of output
5. TC for 7 units of output is $168
6. TVC is increased by $64 when the 8^th unit of output is added
7. AFC + AVC for 2 units of output is $40
8. ATC is decreased $10 when output is increased from 2 to 3 units
1. It costs $25 more to produce 1 unit of output than to produce 0 (zero) output