The comparative balance sheets for 2021 and 2020 and the statement of income for 2021 are given below for Dux Company. Additional information from Dux’s accounting records is provided also.

Additional information from the accounting records:

1. A building that originally cost $72,000, and which was three-fourths depreciated, was sold for $7,000.
2. The common stock of Byrd Corporation was purchased for $5,000 as a long-term investment.
3. Property was acquired by issuing a 13%, seven-year, $34,000 note payable to the seller.
4. New equipment was purchased for $27,000 cash.
5. On January 1, 2021, bonds were sold at their $29,000 face value.
6. On January 19, Dux issued a 5% stock dividend (1,000 shares). The market price of the $10 par value common stock was $14 per share at that time.
7. Cash dividends of $17,000 were paid to shareholders.
8. On November 12, 12,500 shares of common stock were repurchased as treasury stock at a cost of $8,000.

Required:
Prepare the statement of cash flows for Dux Company using the indirect method. (Amounts to be deducted should be indicated with a minus sign. Enter your answers in thousands (i.e., 10,000 should be entered as 10).)

The comparative balance sheets for 2021 and 2020 and the statement of income for 2021 are given below for Dux Company. Additional information from Dux's accounting records is provided also.

Additional information from the accounting records:

1. A building that originally cost $40,000, and which was three-fourths depreciated, was sold for $7,000.
2. The common stock of Byrd Corporation was purchased for $4,000 as a long-term investment.
3. Property was acquired by issuing a 14%, seven-year, $20,000 note payable to the seller.
4. New equipment was purchased for $37,000 cash.
5. On January 1, 2021, bonds were sold at their $25,000 face value.
6. On January 19, Dux issued a 5% stock dividend (1,000 shares). The market price of the $10 par value common stock was $14 per share at that time.
7. Cash dividends of $11,000 were paid to shareholders.
8. On November 12, 1,000 shares of common stock were repurchased as treasury stock at a cost of $8,000.

Required:
Prepare the statement of cash flows of Dux Company for the year ended December 31, 2021. Present cash flows from operating activities by the direct method.

The comparative balance sheets for 2021 and 2020 and the statement of income for 2021 are given below for Dux Company. Additional information from Dux’s accounting records is provided also.

Additional information from the accounting records:

1. A building that originally cost $168,000, and which was three-fourths depreciated, was sold for $7,000.
2. The common stock of Byrd Corporation was purchased for $5,000 as a long-term investment.
3. Property was acquired by issuing a 13%, seven-year, $46,000 note payable to the seller.
4. New equipment was purchased for $63,000 cash.
5. On January 1, 2021, bonds were sold at their $41,000 face value.
6. On January 19, Dux issued a 5% stock dividend (1,000 shares). The market price of the $10 par value common stock was $14 per share at that time.
7. Cash dividends of $29,000 were paid to shareholders.
8. On November 12, 12,500 shares of common stock were repurchased as treasury stock at a cost of $8,000.

Required:
Prepare the statement of cash flows for Dux Company using the indirect method. (Amounts to be deducted should be indicated with a minus sign. Enter your answers in thousands (i.e., 10,000 should be entered as 10).)

The comparative balance sheets for 2021 and 2020 and the statement of income for 2021 are given below for Dux Company Additional information from Dux's accounting records is provided also. DUX COMPANY ,   COMPARATIVE BALANCE SHEETS DECEMBER 31, 2021 AND 2020   ($ IN THOUSANDS) ASSETS    2021 -- 2020 CASH CASH $ 39.0 --$21.0 ACCOUNTS RECEIVABLE, $49.0 - $51.0 LESS: ALLOWANCE FOR UNCOLLECTIBLE ACCOUNTS (3.0) -- (2.0) DIVIDENDS RECEIVABLE, 4.0 -- 3.0 INVENTORY,56.0 - 51.0 LONG-TERM INVESTMENT 16.0-11.0, LAND 71.0 -----40.0 BUILDINGS AND EQUIPMENT 221.0-251.0 LESS: ACCUMULATED DEPRECIATION(26.0) --- (55.0) $427.0-371.0 LIABILITIES ACCOUNTS- PAYABLE ACCOUNTS PAYABLE $ 14.0 - $ 21.0 SALARIES PAYABLE 3.0- 6.0 INTEREST PAYABLE 5.0 -- 3.0 INCOME TAX PAYABLE 8.0 - 9.0 NOTES PAYABLE 31.0-0  BONDS PAYABLE 96.0-70.0 LESS:DISCOUNT ON BONDS (2.0) = (3.0) SHAREHOLDERS' EQUITY COMMON STOCK  210.0 -------- 200.0 PAID-IN CAPITAL-EXCESS OF PAR 24.0-20.0 RETAINED EARNING 46.0--------- 45.0 LESS: TREASURY STOCK (8.0)-0        427.0 ---------- 371.0

DUX COMPANY , INCOME STATEMENT FOR THE YEAR ENDED DECEMBER 31, 2021 ($ IN THOUSANDS) REVENUES SALES REVENUES  $ 215.0 DIVIDEND REVENUE 4.0 = $219.0 EXPENSES COST OF GOODS SOLD- 122 SALARIES EXPENSE 27, DEPRECIATION EXPENSE 7, BAD DEBT EXPENSE 1.0 INTEREST EXPENSE 10.0 LOSS ON SALE OF BUIIDING 5.0 INCOME TAX EXPENSE 18.0 ------ 199.0 NET INCOME    $29 Additional information from the accounting records: a.    A building that originally cost $48,000, and which was three-fourths depreciated, was sold for $7,000. b.    The common stock of Byrd Corporation was purchased for $5,000 as a long-term investment. c.    Property was acquired by issuing a 13%, seven-year, $31,000 note payable to the seller. d.    New equipment was purchased for $18,000 cash. e.    On January 1, 2021, bonds were sold at their $26,000 face value. f.      On January 19, Dux issued a 5% stock dividend (1,000 shares). The market price of the $10 par value common stock was $14 per share at that time. g.    Cash dividends of $14,000 were paid to share at that time . h.    On November 12, 12,500 shares of common stock were repurchased as treasury stock at a cost of $8,000. Required: Prepare the statement of cash flows for Dux Company for the year ended December 31,2021. Present cash flows from operating activities by the indirect method. (Do not round your intermediate calculations. Enter your answers in thousands. Amounts to be deducted should be indicated with a minus sign.)

Assume that you have recently been hired as the special assistant to the chief executive officer (CEO) of your health care organization, Thunder Hospital. Your duty is to head up the new quality improvement department. Over the last year, the hospital has experienced substantial growth but is also facing a number of patient safety concerns, including a steady increase in medical errors and a 25% rise in hospital-acquired infections. Based upon what you have learned in this course, prepare a quality improvement plan to present to the CEO with strategies for addressing these issues.

In a 1,000-1,250-word proposal, include the following:

1. Identify the issues the hospital is currently facing and how they are affecting quality outcomes and endangering patients.
2. Present a detailed plan to improve quality and elaborate on how it aligns with the hospital’s initiatives to improve value-added health care. Discuss the quality improvement tool you suggest using to locate and ameliorate problem areas, as well as the roles and responsibilities of involved stakeholders, financial considerations for the implementation of your proposal, the goals of the plan, and methods for evaluating its success.
3. Examine the effects that the implementation of this proposal will have upon administrators, clinicians, and physicians. Explore possible challenges that could arise with stakeholders reacting negatively to changes presented by this proposed plan. What strategies or preventive measures could be put in place to reduce the friction between various health care providers?
4. How will your plan improve overall quality for Thunder Hospital? How will the improvements your plan suggests implementing now set the hospital up to continue providing quality care in the future?

In the divisional structure, if there were a separate sales organization responsible for providing revenue for each of the divisions, what are advantages and disadvantages of such a structure?

What if the structure was that way from the outset and an acquisition was made of a company with its own sales force. how hard would it be to integrate the acquired company into the new structure?

On January 1, 2020, Sarasota Company purchased 10% bonds having a maturity value of $380,000, for $410,343.38. The bonds provide the bondholders with a 8% yield. They are dated January 1, 2020, and mature January 1, 2025, with interest received on January 1 of each year. Sarasota Company uses the effective-interest method to allocate unamortized discount or premium. The bonds are classified in the held-to-maturity category. Prepare the journal entry at the date of the bond purchase.Prepare a bond amortization schedule.Prepare the journal entry to record the interest revenue and the amortization at December 31, 2020.Prepare the journal entry to record the interest revenue and the amortization at December 31, 2021.

1. On April 1, 2020, Sydney Company issued 300 $1,000 bonds at 98. Each bond was issued with two detachable stock warrants. Shortly after issuance, the bonds were selling at 96, and the warrants were selling for $50 each.

Instructions:

Prepare the entry to record the issuance of the bonds and warrant

2.

The Cinci Company issues $100,000, 10% bonds at 103 on April 1, 2020. The bonds are dated January 1, 2020 and mature six years from that date. Straight-line amortization is used. Interest is paid annually each December 31. Compute the bond carrying value as of December 31, 2023.

Answer

$_______________

On January 1, 2016, a company pays $5,222,591 for a 5-year corporate bond with a face value of $5 million. The bond pays interest at 5 percent on December 31 of each

year, and the principal is due on December 31, 2020. The investment yields a 4 percent compound annual

return to maturity. The company classies the bond as a held-to-maturity investment.

Required

Prepare the journal entries to record the investment on January 1, 2016, receipt of the interest payments

on December 31 of each year 2016 through 2020, and receipt of the bond principal on December 31,

2020, using the effective interest method.

Question 3 – Statement of Cash Flows

Nick Ltd is the founder and owner of a health club. His club operates in Toronto, Ontario and has been in the same location since 2014. The health club offers a variety of services to its members (group classes, personal training etc.). The club also will put on special “fitness” events. The fitness facility has everything - free weights, squat racks, cardio machines (treadmills, bikes and ellipticals), yoga mats, stability balls, pull-up bars, etc. Since Nick charges a premium for the membership to the club, he is constantly looking at updating and expanding the fitness equipment. This past year he purchased a number of weighted battle ropes, new rowing machines a number of additional kettle bells. You have been presented with the following summarized information from his statement of cash flows for the year ended December 31, 2017:

What was the net change in cash for the period?

Explain each type of cash flow and provide an example of the types of transactions that make up the operating, investing and financing section of Nick’s cash flow statement.

Examine the cash flow pattern for Nick Ltd. What does this pattern say about the situation the company is in?