You are preparing a statement of activities for the University of Richland, a private not-for-profit entity. The following questions should be viewed as independent of each other.
1. During the current year, a donor gives $429,000 in cash to the school and stipulates that it must hold this money forever. However, any investment income earned on this money must be used for faculty salaries. During the current year, the investment earned $41,000 and, of that amount, the school has expended $26,000 appropriately to date. As a result of these events, what was the overall change in each of the following for the current year?
a. Unrestricted net assets.
b. Temporarily restricted net assets.
c. Permanently restricted net assets.
2. A donor gives a large machine to the school on January 1 of the current year. It has a value of $214,000, no salvage value, and a 8-year life. The donor requires that the school keep the machine and use it for all 8 years, and the school agrees. It cannot sell or retire the machine in the interim. As a result of these events, what was the overall change in each of the following for the current year?
a. Unrestricted net assets.
b. Temporarily restricted net assets.
c. Operating expenses.
3. Several years ago, a donor gave the school $390,000 in cash to help fund its financial aid program. This year, the school charged $2.40 million in tuition but granted $790,000 in financial aid. Collections to date from the students have totaled $1.50 million. The donor’s gift has offset $400,000 of the financial aid. As a result of these events, what was the overall change in each of the following for the current year?
a. Unrestricted net assets.
b. Operating expenses.
c. Temporarily restricted net assets.
In: Accounting
Read the following scenario describing a research project, and then write a short criticism of this project. You should clearly identify at least four aspects of the project which you believe are incorrect or poor. These may relate to the research question, the experimental design, the analysis and reporting, and/or any ethical or academic misconduct issues. For each criticism which you identify, clearly describe the problem and state how it should have been addressed to improve the quality of the research.
A company providing on-line teaching software claims that
students who are on-line
students achieve better results on learning programming languages
than on campus students. The company has developed a hypothesis
based on this claim. The company chose one university to conduct
research to test this hypothesis. It applied for research ethics
clearance and at the same time included both on-line and on campus
students to participate in this experiment.
At the end of semester, all students undertook the same test on
programming languages. The company used final scores of all
students to test its hypothesis. The company has published a report
in which it concludes “the average score of 67 for on-line students
is higher than the average score of 65.5 for on campus students,
and so we can conclude that on-line students achieve better results
in learning programming languages than on campus students.
Therefore, this teaching method should be used for all students in
future.”
In: Computer Science
Read the following scenario describing a research project, and then write a short criticism of this project. You should clearly identify at least four aspects of the project which you believe are incorrect or poor. These may relate to the research question, the experimental design, the analysis and reporting, and/or any ethical or academic misconduct issues. For each criticism which you identify, clearly describe the problem and state how it should have been addressed to improve the quality of the research.
A company providing on-line teaching software claims that
students who are on-line
students achieve better results on learning programming languages
than on campus students. The company has developed a hypothesis
based on this claim. The company chose one university to conduct
research to test this hypothesis. It applied for research ethics
clearance and at the same time included both on-line and on campus
students to participate in this experiment.
At the end of semester, all students undertook the same paper on programming languages. The company used final scores of all students to test its hypothesis. The company has published a report in which it concludes “the average score of 67 for on-line students is higher than the average score of 65.5 for on campus students, and so we can conclude that on-line students achieve better results in learning programming languages than on campus students. Therefore, this teaching method should be used for all students in future.”
In: Computer Science
Read the following scenario describing a research project, and then write a short criticism of this project. You should clearly identify at least four aspects of the project which you believe are incorrect or poor. These may relate to the research question, the experimental design, the analysis and reporting, and/or any ethical or academic misconduct issues. For each criticism which you identify, clearly describe the problem and state how it should have been addressed to improve the quality of the research.
A company providing on-line teaching software claims that students who are on-line students achieve better results on learning programming languages than on campus students. The company has developed a hypothesis based on this claim. The company chose one university to conduct research to test this hypothesis. It applied for research ethics clearance and at the same time included both on-line and on campus students to participate in this experiment.
At the end of semester, all students undertook the same assignment on programming languages. The company used final scores of all students to test its hypothesis. The company has published a report in which it concludes “the average score of 67 for online students is higher than the average score of 65.5 for on campus students, and so we can conclude that on-line students achieve better results in learning programming languages than on campus students. Therefore, this teaching method should be used for all students in future.”
In: Computer Science
1. When engaging with and motivating Nick, problems might arise that require assistance. Provide an example of the type of problem that might occur that could be attributed to the impact of social devaluation and the social model of disability.
2. If a critical incident relating to adverse behaviour was to occur with Nick, how would you respond in accordance with his behavioural support plan and organisational policies and procedures?
3. In consultation with the supervisor, it has been agreed a referral is needed. Describe the referral procedures you will need to follow in regards to Nick’s ongoing support with specialist services. (maximum 40 words)
(Below is Nick's Information)
Nick is a 28yr old man who lives at home with his parents. Nick enjoys physical activity and is an avid supporter of many professional sporting teams including NRL, AFL and Basketball. Seven years ago Nick sustained a spinal cord injury seven years ago which resulted in his decision to return to his parents’ home. Prior to the accident, Nick was a promising footballer with an offer to play in the NRL, was enrolled at university studying physiotherapy and shared a house with two friends. Nick’s parents have extensively renovated their home and Nick has undergone rehabilitation since the accident.
Lately, Nick has become angry and aggressive when people come near him. Nick is witnessing his mates get married, complete their university degrees and a couple have become parents. Nick has lost his motivation; he states all the activities he participates in like bowling and gaming are meaningless. Nick says he has no value in society and often appears stressed. Nick’s mother is concerned about him as when he is not angry he is withdrawn and non-communicative. Nick is resisting assistance with his personal hygiene, is barely eating, has stopped taking his anti-depressants and is isolating himself from his friends by refusing to see them or to go out.
A support worker comes in each morning to assist Nick with showering, dressing, some exercises and to lift him into his chair. At night the same worker helps him prepare for bed and Nick is lifted into bed. During the day his mother is his principal carer and takes him on outings in a modified vehicle.
The worker is concerned for Nick and has suggested to him that he asks his supervisor to meet with him and review his individual behaviour support plan.
In: Nursing
For any given interest rate an increase in bullishness among investors would have which of the following effects?
|
increase investment |
||
|
decrease investment |
||
|
no change in investment |
||
|
drive bond prices and interest rates down |
2)
"A portion of every income is spent creating another income from which a portion is spent again and so on." This statement is describing which of the following features of the Keynesian model?
|
the savings investment equality |
||
|
the liquidity theory of the interest rate |
||
|
the multiplier effect |
||
|
the invisible hand |
Who was Marriner S. Eccles?
|
The first real Chair of the Federal Reserve |
||
|
Principle architect of banking reform in 1935 |
||
|
From Professor Bradbury's home town |
||
|
all of the above |
3)
For Keynes the opportunity cost of holding money is?
|
the interest rate earned on bonds |
||
|
the commodities one could have purchased |
||
|
the liquidity associated with money |
||
|
the equity that could have been earned in stocks |
4)
Assume a marginal propensity to consume of .80. How would an increase in income of $1000 impact consumption and savings in the Keynesian model?
|
Consumption and savings both increase by $500 |
||
|
Consumption would rise by $1,000 and savings would remain unchanged |
||
|
Consumption increases by $800 and savings rises by $200 |
||
|
Consumption increase by $800 and the change in savings cannot be determined |
In: Economics
The following selected data were taken from the financial statements of Squiggle Group Inc. for December 31, 2016, 2015 and 2014:
| December 31 | |||||||
| 2016 | 2015 | 2014 | |||||
| Total assets | $294,000 | $265,000 | $236,000 | ||||
| Notes payable (10% interest) | 100,000 | 100,000 | 100,000 | ||||
| Common stock | 40,000 | 40,000 | 40,000 | ||||
| Preferred 6% stock, $100 par | 20,000 | 20,000 | 20,000 | ||||
| (no change during year) | |||||||
| Retained earnings | 93,395 | 73,850 | 60,000 | ||||
The 2016 net income was $20,745, and the 2015 net income was $15,050. No dividends on common stock were declared between 2014 and 2016.
a. Determine the rate earned on total assets, the rate earned on stockholders' equity, and the rate earned on common stockholders' equity for the years 2015 and 2016. When required, round to one decimal place.
| 2016 | 2015 | |||
| Rate earned on total assets | % | % | ||
| Rate earned on stockholders' equity | % | % | ||
| Rate earned on common stockholders' equity | % | % | ||
In: Accounting
Conch Republic Electronics is a midsized electronics manufacturer located in Key West, Florida. The company president is Shelley Couts, who inherited the company. When it was founded over 70 years ago, the company originally repaired radios and other household appliances. Over the years, the company expanded into manufacturing and is now a reputable manufacturer of various electronic items. Jay McCanless, a recent graduate, has been hired by the company's finance department. One of the major revenue-producing items manufactured by Conch Republic is a smart phone. Conch Republic currently has one smart phone model on the market, and sales have been excellent. The smart phone is a unique item in that it comes in a variety of tropical colors and is preprogrammed to play Jimmy Buffett music. However, as with any electronic item, technology changes rapidly, and the current smart phone has limited features in comparison with newer models. Conch Republic spent $750,000 to develop a prototype for a new smart phone that has all the features of the existing smart phone but adds new features such as WiFi tethering. The company has spent a further $200,000 for a marketing study to determine the expected sales figures for the new smart phone. Conch Republic can manufacture the new smart phones for $215 each in variable costs. Fixed costs for the operation are estimated to run $6.1 million per year. The estimated sales volume is 155,000, 165,000, 125,000, 95,000, and 75,000 per year for the next five years, respectively. The unit price of the new smart phone will be $520. The necessary equipment can be purchased for $40.5 million and will be depreciated on a seven-year MACRS schedule. It is believed the value of the equipment in five years will be $6.1 million. Net working capital for the smart phones will be 20 percent of sales and will occur with the timing of the cash flows for the year; for example, there is no initial outlay for NWC, but changes in NWC will first occur in Year 1 with the first year's sales. Conch Republic has a 35 percent corporate tax rate and a required return of 12 percent. Shelley has asked Jay to prepare a report that answers the following questions.
Create Pro Forma Income Statement from YEAR 1 to 5 (Show EBITDA and EBIT).
In: Finance
In acute care, a charge nurse is assigned to oversee a unit, and a nursing supervisor oversees the nursing role across a facility. All work together to control the flow of patients in and out of the unit and facility, make staffing assignments, and assist with problems and crises.
Consider this situation: A nurse is dealing with a crisis for one patient and misses a second patient crisis--a young woman who died from a postoperative hemorrhage. In this tragic situation, competing crisis events on the unit prevented a nurse from adequately monitoring other assigned patients on the unit.
The charge nurse and nursing supervisor stated in the Board of Nursing's investigation of the event that they depended on the individual nurse to alert them if help was needed.
Question: Discuss systems-based solutions that could have prevented this event.
In: Nursing
A country's tax collection agency reported that 92% of individual tax returns were filed electronically in 2017. A random sample of 225 tax returns from 2018 was selected. From this sample, 186 were filed electronically. Complete parts a through c.
A). Construct a 99% confidence interval to estimate the actual proportion of taxpayers who filed electronically in 2018.
The confidence interval has a lower limit of ____ and an upper limit of _____
(Round to three decimal places as needed.)
B). What is the margin of error? (round three decimal places)
C). is there any evidence that this proportion has changed since 2017 based on this sample?
The sample ____ evidence that this proportion has changed since 2017, since the ______
(First blank is does provide or does not provide)
In: Statistics and Probability