1.When should a person execute a durable power of
attorney?
2. What preferences does an advance directive establish?
3.When is CPR indicated and when is it not?
4.How would you explain the statement that CPR should not be the
standard of care for the chronically ill resident of a long term
care facility?
5.Explain the difference between starvation and the
malnutrition/dehydration of the dying?
In: Nursing
The town of Cypress Creek is preparing to go to war against the American government. To do this, it is building a giant satellite laser! To build the laser, the government of the town will resort to taxation to fund its expenditure. The initial economy of Cypress Creek can be expressed by the following agents:
Consumers, C = 25 + 0.95(Y-T)
Output, Y = 5000
Government expenditures, G = 2000
Taxation, T = 2000
Investors, I = 750-125r
Markets are fully competitive and the equilibrium condition for markets are:
Goods and service market: Y =C + I + G
Financial market: I = S
When it builds the Satellite, government and taxation change to
Government expenditures, G = 4000
Taxation, T = 4000
Hank Scorpio, the towns' founder, announces that "even by increasing government spending and
taxation, we are not worst off, as production has not changed!"
i) [2 points] check to make sure output does not change.
j) [2 points] find the consumption level in both scenario's (low and high government spending)
k)[3 points] who is paying for the burden of taxation? (how is this new spending/taxation being
distributed between investors and consumers)
l)[2 points] as the government increases its spending (G from 2000 to 4000) why won't output
change?
In: Economics
The Sepulcro Corporation’s purchases from suppliers in a quarter
are equal to 65 percent of the next quarter’s forecast sales. The
payables period is 60 days. Wages, taxes, and other expenses are 20
percent of sales, and interest and dividends are $118 per quarter.
No capital expenditures are planned. Projected quarterly sales
are:
| Q1 | Q2 | Q3 | Q4 | |
| Sales | $1,620 | $1,770 | $1,830 | $2,070 |
Sales for the first quarter of the following year are projected at
$1,740.
Calculate the company’s cash outlays by completing the following:
(Do not round intermediate calculations and round your
answers to 2 decimal places, e.g., 32.16.)
| Q1 | Q2 | Q3 | Q4 | |
| Payment of accounts | $ | $ | $ | $ |
| Wages, taxes, other expenses | ||||
| Long-term financing expenses (interest and dividends) | ||||
| Total | $ | $ | $ | $ |
In: Finance
The Thakor Corporation’s purchases from suppliers in a quarter are equal to 60 percent of the next quarter’s forecasted sales. The payables period is 60 days. Wages, taxes, and other expenses are 25 percent of sales, and interest and dividends are $85 per quarter. No capital expenditures are planned. Projected quarterly sales are: Q1 Q2 Q3 Q4 Sales $ 2,190 $ 2,490 $ 2,190 $ 1,890 Sales for the first quarter of the following year are projected at $2,520. Calculate the company’s cash outlays by completing the following: (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Q1 Q2 Q3 Q4 Payment of accounts $ $ $ $ Wages, taxes, other expenses Long-term financing expenses (interest and dividends) 85 Total $ $ $ $
In: Finance
The manager of a utility company in the Texas panhandle wants to develop quarterly forecasts of power loads for the next year. The power loads are? seasonal, and the data on the quarterly loads in megawatts? (MW) for the last four years are as? follows: ???????????????????????????????????????????????????????????????????????????????????????? Quarter Year 1 Year 2 Year 3 Year 4 1.102.1 93.6 120.6 107.7
2.129.4 119.9 142.5 131.2
3. 142.9 136.5 169.9 149.1
4. 168.6 156.1 181.6 169.0
The manager estimates the total demand for the next year at 735735 MW. Use the multiplicative seasonal method to develop the forecast for each quarter. ?(Round all intermediate calculations to three decimal? places.) The first quarter forecast is nothing MW. ?(Enter your response rounded to one decimal? place.)
In: Operations Management
In: Economics
The manager of Alaina's Garden Center must make the annual purchasing plans for rakes, gloves, and other gardening items. One of the items the company stocks is Fast-Grow, a liquid fertilizer. The sales of this item are seasonal, with peaks in the spring, summer, and fall months. Quarterly demand (in cases) for the past two years is as follows:
|
Quarter |
Year 1 |
Year 2 |
|
1 |
36 |
56 |
|
2 |
354 |
407 |
|
3 |
282 |
315 |
|
4 |
218 |
316 |
|
Total |
890 |
1,094 |
If the expected sales for Fast-Grow are
1,264
cases for year 3, use the multiplicative seasonal method to prepare a forecast for each quarter of the year. (Round all intermediate calculations to three decimal places.)
The first quarter forecast is
In: Operations Management
Vertical Analysis of Income Statement
Revenue and expense data for Innovation Quarter Inc. for two recent years are as follows:
| Current Year | Previous Year | |||
| Sales | $518,000 | $471,000 | ||
| Cost of goods sold | 290,080 | 240,210 | ||
| Selling expenses | 93,240 | 94,200 | ||
| Administrative expenses | 98,420 | 80,070 | ||
| Income tax expense | 15,540 | 23,550 | ||
a. Prepare an income statement in comparative form, stating each item for both years as a percent of sales. If required, round percentages to one decimal place. Enter all amounts as positive numbers.
| Innovation Quarter Inc. | ||||
| Comparative Income Statement | ||||
| For the Years Ended December 31 | ||||
| Current year Amount | Current year Percent | Previous year Amount | Previous year Percent | |
| Sales | $518,000 | % | $471,000 | % |
| Cost of goods sold | 290,080 | % | 240,210 | % |
| Gross profit | $ | % | $ | % |
| Selling expenses | 93,240 | % | 94,200 | % |
| Administrative expenses | 98,420 | % | 80,070 | % |
| Total operating expenses | $ | % | $ | % |
| Income from operations | % | % | ||
| Income tax expense | 15,540 | % | 23,550 | % |
| Net income | $ | % | $ | % |
b. The vertical analysis indicates that the cost of goods sold as a percent of sales increased by 5 percentage points, while selling expenses increased by 2 percentage points, and administrative expenses by 2 percentage points. Thus, net income as a percent of sales by 3 percentage points.
In: Accounting
17-3 17-01
Vertical Analysis of Income Statement
Revenue and expense data for Innovation Quarter Inc. for two recent years are as follows:
|
Current Year |
Previous Year |
|||
|
Sales |
$559,000 |
$503,000 |
||
|
Cost of goods sold |
301,860 |
246,470 |
||
|
Selling expenses |
100,620 |
100,600 |
||
|
Administrative expenses |
111,800 |
95,570 |
||
|
Income tax expense |
16,770 |
25,150 |
||
a. Prepare an income statement in comparative form, stating each item for both years as a percent of sales. If required, round percentages to one decimal place. Enter all amounts as positive numbers.
|
Innovation Quarter Inc. |
||||
|
Comparative Income Statement |
||||
|
For the Years Ended December 31 |
||||
|
Current year Amount |
Current year Percent |
Previous year Amount |
Previous year Percent |
|
|
Sales |
$559,000 |
% |
$503,000 |
% |
|
Cost of goods sold |
301,860 |
% |
246,470 |
% |
|
$ |
% |
$ |
% |
|
|
Selling expenses |
100,620 |
% |
100,600 |
% |
|
Administrative expenses |
111,800 |
% |
95,570 |
% |
|
$ |
% |
$ |
% |
|
|
% |
% |
|||
|
Income tax expense |
16,770 |
% |
25,150 |
% |
|
$ |
% |
$ |
% |
|
b. The vertical analysis indicates that the cost of goods sold as a percent of sales (INCREASED/DECREASED)
by 5 percentage points, while selling expenses (INCREASED/DECREASED)
by 2 percentage points, and administrative expenses INCREASED/DECREASED
by 1 percentage points. Thus, net income as a percent of sales (INCREASED/DECREASED)
by 2 percentage points. (INCREASED/DECREASED)
In: Accounting
Vertical Analysis of Income Statement Revenue and expense data for Innovation Quarter Inc. for two recent years are as follows: Current Year Previous Year Sales $620,000 $539,000 Cost of goods sold 353,400 274,890 Selling expenses 105,400 107,800 Administrative expenses 117,800 91,630 Income tax expense 18,600 26,950 a. Prepare an income statement in comparative form, stating each item for both years as a percent of sales. If required, round percentages to one decimal place. Enter all amounts as positive numbers. Innovation Quarter Inc. Comparative Income Statement For the Years Ended December 31 Current year Amount Current year Percent Previous year Amount Previous year Percent Sales $620,000 % $539,000 % Cost of goods sold 353,400 % 274,890 % Gross profit $ % $ % Selling expenses 105,400 % 107,800 % Administrative expenses 117,800 % 91,630 % Total operating expenses $ % $ % Income from operations % % Income tax expense 18,600 % 26,950 % Net income $ % $ % b. The vertical analysis indicates that the cost of goods sold as a percent of sales by 6 percentage points, while selling expenses by 3 percentage points, and administrative expenses by 2 percentage points. Thus, net income as a percent of sales by 3 percentage points.
In: Accounting