1. On 1 April 2016, Gidimadjor Ltd received a government grant of GH¢8 million towards the purchase of new plant with a gross cost of GH¢64 million. The plant has an estimated life of 10 years and is depreciated on a straight-line basis.

One of the terms of the grant is that the sale of the plant before 31 March 2020 would trigger a repayment on a sliding scale as follows:

          Sale in the year ended:                                 Amount of repayment

Accordingly, the directors propose to credit to the statement of profit or loss GH¢2 million (GH¢8 million x 25%) being the amount of the grant they believe has been earned in the year to 31 March 2017.Gidimadjor Ltd accounts for government grants as a separate item of deferred credit in its statement of financial position. Gidimadjor Ltd has no intention of selling the plant before the end of its economic life.

Required:

Advise, and quantify where possible, how the above items should be treated in Gidimadjor LtD’s financial statements for the year ended 31 March 2017.    

What did economic data tell us about the health of the economy on February 1, 2020 before the advent of the COVID-19 pandemic. Assess the health of the U.S. economy on February 1 by evaluating the key economic indicators that we have looked at in this course. How close was the overall economy to potential GDP and the natural rate of unemployment? Was the economy experiencing an inflationary or recessionary gap? The relevant economics statistics that you should discuss include the growth rate of real GDP, the unemployment rate, and the inflation rate at a minimum. You are encouraged to discuss and evaluate other economic indicators such as stock market indices that could add to a more complete picture of the state of the economy as of the beginning of our course. of February 1, 2020 (before the rapid spread of the Coronavirus) Was the United States economy’s Short Run Aggregate Supply Curve? Explain your answer carefully using As economy operating in the Keynesian, intermediate, or neoclassical portion of the the data and information that you have gathered regarding real GDP, unemployment, the GDP deflator, and inflation in the previous discussions. You should discuss the concepts of potential GDP and the natural rate of unemployment to receive full credit

1. You just has a bunch on twinkies for breakfast. Initially, you feel pretty good, but then feel low energy. After a few hours, you start to feel a little better. Describe what is happening to glucose regulation starting from just before before breakfast to a few hours after you eat. Be sure to mention what is happening in the pancreas, liver, muscle and adipose.  

2. After consuming a high salt diet, why to both ANF and AVP go up together?

A study compared the relative frequency of mental health problems of various types among U.S. Army members before deployment to Iraq, U.S. Army members after serving in Iraq, U.S. Army members after serving in Afghanistan, and U.S. Marines after serving in Iraq. The study stated, "Potential differences in demographic factors among the four study groups were controlled for in our analysis with the use of logistic regression." For this study, identify the response variable, the primary explanatory variable, and likely control variables.

Response: Mental health problems; explanatory: deployment (yes/no); control: branch of military, country of service

Response: Deployment (yes/no); explanatory: before/after deployment; control: branch of military, country of service, mental health

Response: Four study groups; explanatory: mental health; control: branch of military, country of service

Response: Mental health problems (yes/no); explanatory: before/after deployment; control: branch of military, country of service

In a test of the Weight Watchers weight loss program, weights of 42 subjects are recorded before and after the program such that the x-value is an individual's weight at the start of the program and the y-value is the same person's weight after one year on the program. The mean of the starting weights was 192.7 pounds. The mean of the weights after one year was 178.2 pounds. The regression equation was found to be yˆ=.802x+30.27ŷ=.802x+30.27. The critical r-values at 5% significance are: r=±0.304.

Assume that before/after weights result in a correlation coefficient of r=0.876.r=0.876. Is there correlation at the 5% significance level?

• Yes
• No

If someone had a starting weight of 200 pounds, what would be your best prediction for their ending weight? ____________ pounds.

Explain your reasoning.

Assume that before/after weights result in a correlation coefficient of r=0.087. Is there correlation at the 5% significance level?

• Yes
• No

If someone had a starting weight of 200 pounds, what would be your best prediction for their ending weight? _____________ pounds.

Explain your reasoning.

The Sandhill’s Partnership consists of two partners- Kim and Doug. Their capital balances just before acceptance of a third partner, Sandy, was $100,000 and $100,000 respectively. Kim and Doug share net income or loss equally. Sandy’s contribution was $100,000 for assumption A and $120,000 for assumption B. Prepare the two journal entries for each of the independent situations on the partnership books for the new partner’s capital account reflecting

A) 20% ownership based on capital balances before and after Sandy’s contribution

B) 60% ownership based on capital balances before and after Sandy’s contribution

You want to know whether left handed athletes weigh more or before. You can only find 5 of them. You have have to assum and for this problem you will assume that they are a single random smape from a normal population.

Test the claim that the weiht of the left hnaded athletes does not chnage from before to after their season. Be sure to give both hypothesis(Ha and Ho), P- value, and a conclusion (reject or fail to reject).

Case Analysis:

Valeant Pharmaceuticals is a specialty drug manufacturer operating in the fast-cycle pharmaceutical industry. In this business, size often matters and Valeant, along with most of the major players in the industry, has aggressively utilized mergers and acquisitions to acquire R&D capabilities and other key strategic resources, create synergies, capture market share, and use acquired legacy products to support future growth. Valeant’s 2010 merger with Biovail Corp was designed with all of these benefits in mind. To develop an effective strategic position, Valeant must address several important external factors including the global economy, advances in technology, population demographics and sociocultural influences, and shifting political/legal forces that affect not only the drug approval process but also the changing nature of healthcare. To address these considerations, Valeant must develop strategies in the areas of marketing and sales, product innovation, operational speed and efficiency, and M&A to position itself for future success The purpose of this case study is to determine if the company’s recent merger with Biovail, other M&A’s and restructuring efforts will yield the benefits promised to shareholders and enable the firm to compete more effectively in the marketplace.To reasonably determine the merit of its strategic approach, external environmental trends, competitor positions, financial indicators, internal resources, and company strategies must be considered.The results of the analysis can then be used to suggest measures which can improve Valeant’s strategic position and potential for ongoing success.

Question: Examine trends in the general and industry environments that impact Valeant’s pharmaceutical business.What conditions are pertinent to the strategic decisions presently facing the company?