1. (8 pts) Endotoxin is a major cause of septic shock. Describe
   1. (2 pts) where endotoxin comes from,

2. (4 pts) the specific steps the innate and acquired immune system takes to respond to endotoxin in the blood stream. Explain the steps from the recognition of endotoxin by the innate immune system to the response by the acquired immune system.

3. (2 pts) how the immune system response leads to septic shock.

Saleh Corporation is a 90%-owned subsidiary of Parent Corporation, acquired for $270,000 on 1/1/X5. Investment cost was equal to book value and fair value. Saleh’s net income in 20X5 was $80,000, and Parent’s income, excluding its income from Saleh, was $90,000. Saleh’s income includes a $10,000 unrealized gain on land that cost $50,000 and was sold to Parent for $60,000.

Assume that Saleh sold the land in 20X7. Parent adjusts for this transaction in the equity accounts.

Required:

1. What entries would Parent make in 20X5 and 20X7?

2. Prepare the consolidation entries at 12/31/X5, 12/31/X6, and 12/31/X7.

3. Determination of exchange rates depends on factors causing fluctuations.

a. Explain why and its effect on US dollar

b. Distinguish between DER & IER.

4. Explain the differences between translation and re-measurement and its process.

Q.1. The CQI process began in

Q.2. Which is paid more attention to as part of TQM than CQI for healthcare?

Q.3. Which would be an addition to the structure of CQI?

Q.4. True or False? An MRSA infection acquired in a local hospital which could have been avoided will not be compensated by an insurer as a never event.

True

False

Q.5. Profound knowledge in management requires

The University of Kentucky Builds with Bonds

Every year, hundreds of colleges around the country build new buildings. Where do most schools get the money for these expensive projects? From long-term bonds.   

The University of Kentucky (UK) has issued “revenue” bonds to build buildings on the 23,000 student Lexington campus, and on 14 community colleges throughout the state. These bonds pledge the school’s revenues as collateral to guarantee payment of the bonds. At one time the outstanding debt on the Lexington campus buildings was $137 million. The total debt on the community college buildings equaled $121 million. The bonds generally have maturities ranging from 10 to 20 years.

Additional “guarantees” for bond purchasers are the ratings given the bonds by professional rating agencies.   Their bonds are rated “AA-“ by Standard & Poor’s Corporation, which is well above investment grade. Thee is always a very good market for the bonds.

People in Kentucky identify very closely with the university. Even though the bonds are rated “AA-” they trade at AAA (the top bond rating) because they are so easy to sell.  

One advantage for investors: the bonds’ interest revenue id exempt from federal income tax and from state tax for in-state investors. So, an issue offering 6% is the equivalent of 10% to those individuals in the top tax bracket. Many investors feel very confident in buying the bonds, because it is inconceivable to them that there would ever e a default.  

1) The University of Kentucky’s bonds are rated “AA-“ by Standard & Poor’s and A1 by Moody’s Investor Service. Why is it important to the University of Kentucky that its bonds have a high bond rating?

2) Why does the state use bonds to finance the buildings rather than taking the funds out of general revenues?

3) Explain the meaning to the tax-exempt status of the University of Kentucky bonds. What does it mean to say that “a recent issue offering 6% is the equivalent of 10% to those individuals in the top tax bracket?”

The once-fringe fantasy of a return to the gold standard is creeping back into the mainstream. It has long been dismissed as a fool’s errand, on par with abandoning the Federal Reserve and other trappings of the modern economy. Mainstream economists deride it almost without exception. Reintroducing the gold standard would “be a disaster for any large advanced economy,” says the University of Chicago’s Anil Kashyap, who connects enthusiasm for it with “macroeconomic illiteracy.” His colleague, Nobel laureate Richard Thaler, struggles with its very underlying principle: “Why tie to gold? Why not 1982 Bordeaux?” (Quartz, July 2019) Briefly, why are economists cool to the idea of the US returning to the gold standard?

These are stressful days in general. Final exams coming up, a lot of studying to do, all the news around us, …….. A large university conducted a study of their undergraduate students to find out how stressful they feel and recorded their gender as well below is the table that shows how each of the gender felt when asked about if they felt stressed (5 points) Felt Stressed Gender YES NO Male 244 495 Female 282 480 a. Find out if there is a difference between males and females with regards to feeling stressed out. Use the 0.05 significance level for testing b. what is the p value and interpret its meaning in the context of the problem above

CASE : Manuel Market opens first branch in Riyadh

Manuel Market, a Jeddah-based supermarket retailer, opened its first branch in Riyadh on Feb. 26, 2020.

The ninth and newest Manuel Market, located in Riyadh-Mercato, Prince Muqrin bin Abdul Aziz Street, An-Nuzhah district, aims to provide customers a luxurious shooping experience, the best service, and the finest healthy, natural and organic products at reasonable prices. The opening ceremony was attended by Khaled Al-Darwish, CEO of Manuel Market; Abdulelah Al-Darwish, chairman; Abdullah Al-Darwish; Abdulrazzaq Al-Darwish, general manager; Faisal Al-Darwish, deputy general manager; a group of businessmen and media representatives; and a gathering of Manuel’s customers.

The supermarket chain, which opened its first branch in Jeddah in 2010, currently has seven branches in Jeddah, one in Jubail and one in the Saudi capital.
CEO Al-Darwish said: “The Manuel Market chain offers the best and widest selection of consumer goods and food products of the most famous global brands. In addition to being a leader in the field of organic and healthy natural foods, Manuel provides its customers with outstanding national and international product options under one roof.”
One of the most important goals of Manuel, Al-Darwish said, is to “make a positive difference in people’s lives by paying attention to their passion, understanding their needs, and meeting their aspirations.” He also reiterated Manuel’s commitment to developing and improving service levels to meet the demands of its customers.

Question: Suggest your strategies to differentiate Manuel Market from other super markets in Riyadh

A company purchased a piece of equipment for $40,000 on January 1, 2018. At that time the company estimated the equipment would have a 6-year useful life and no salvage value. The company used straight-line depreciation based on this information used through 2019. On December 31, 2020, the company determined the equipment instead has a 9-year useful life, with no salvage value. The company's tax rate has been 20% since 2015. What is the necessary adjustment to beginning retained earnings in 2020 for this change?