A 58-year-old widow has three children, ages 21, 25 and 35. The 35-year-old is married with three children, ages 2, 5 and 9, the widow's grandchildren. She owns a home worth about $500,000 and title is in her name. She has investment real estate worth about $300,000 that is held in joint tenancy with right of survivorship with her oldest child who understands that this is really the mother's but is held in joint tenancy only to avoid probate. He has agreed to share the property with the other children when she dies. She has a savings account of $150,000 with the grandchildren as equal beneficiaries at her death. She now comes to you for estate planning counseling. She has never done any estate planning before. She loves her children and wants to treat them equally but is concerned about the middle child who has had substance abuse problems in the past and has shown himself to be financially irresponsible. What kind of basic estate plan would you recommend for her? What would you tell her to motivate her to act on your advice?
In: Accounting
In March 2012, two patients - a 39-year-old man (Patient 1) and a 36-year-old woman (Patient 2) - presented at a hospital in Queens, NY with symptoms of vomiting followed by dysphagia, diplopia, dysarthria, dyspnea, and difficulty walking. Neurologic examination of Patient 1 (who arrived on March 12th) revealed bilateral cranial nerve deficits: dilated pupils minimally reactive to light, ptosis, oculomotor palsy, and facial paralysis. He was admitted to the intensive-care unit. Electromyography studies eventually were determined to be suspicious for, but not diagnostic of, botulism. Botulinum toxin type B was identified by bioassay in fecal specimens. Examination of Patient 2, (who arrived at the hospital on March 28, 2012), was conducted by the same clinicians who had cared for Patient 1, and who by this time had laboratory confirmation of botulism in patient 1. They immediately suspected botulism because of the similar clinical presentation, and admitted Patient 2 to the hospital. Electromyography studies were determined to be suspicious for, but not diagnostic of, botulism, and no botulinum toxin was detected in serum or fecal specimens for Patient 2. Both patients improved and were discharged. Further investigation by the New York City Department of Health revealed that both patients had purchased fresh tofu from the same grocery store in Queens in January 2012, and each had prepared home-fermented tofu using similar recipes. Similar fermentation practices at the two homes might have facilitated toxin production. Testing confirmed botulinum toxin type B in home-fermented tofu consumed by patient 1. Bulk tofu at the grocery in Queens was found to be sold in unrefrigerated, uncovered, water-filled bins. Traceback revealed that the grocery's fresh bulk tofu supplier at the time of the patients' purchases had gone out of business. DOHMH advised the grocery's manager of the need to properly store bulk tofu. Public health responders and clinicians should be aware of the association between botulism and fermented tofu.
Question 8:
What type of study design was this? (4 points)
Question 9:
In general, what is the primary importance of this type of study to population health science? (4 points)
Question 10:
What is the biggest limitation of this type of study design? (4 points)
In: Nursing
| Windswept Woodworks, Inc. | |||||||
| Input Data | |||||||
| (millions of dollars) | |||||||
| Year 2 | Year 1 | ||||||
| Accounts payable | 484 | 424 | |||||
| Accounts receivable | 1,328 | 870 | |||||
| Accumulated depreciation | 6,794 | 6,672 | |||||
| Cash & equivalents | 272 | 168 | |||||
| Common stock | 1,232 | 1,160 | |||||
| Cost of goods sold | 1,500 | n.a. | |||||
| Depreciation expense | ? | n.a. | |||||
| Common stock dividends paid | ? | n.a. | |||||
| Interest expense | 140 | n.a. | |||||
| Inventory | 1,062 | 1,066 | |||||
| Addition to retained earnings | 602 | n.a. | |||||
| Long-term debt | 860 | 776 | |||||
| Notes payable | 230 | 380 | |||||
| Gross plant & equipment | 10,260 | 10,000 | |||||
| Retained earnings | 3,110 | 2,516 | |||||
| Sales | 3,018 | n.a. | |||||
| Other current liabilities | 116 | 96 | |||||
| Tax rate | 34 | % | n.a. | ||||
| Market price per share – year end | $ | 19.80 | $ | 17.50 | |||
| Number of shares outstanding | 500 | million | 500 | million | |||
Net profit = 828.96
a. Calculate Windswept Woodworks’ return on equity for year 2. (Round your answer to 2 decimal places.)
ROE
Calculate the following items for Windswept Woodworks for year 2. (Round your answers to 2 decimal places.)
b. Profit margin
c. Tax burden ratio
d. Interest burden ratio
e. Asset turnover ratio
f. Leverage ratio
In: Finance
Table 1
|
Disposable Income (billions $/year) |
Total Consumption (billions $/year) |
|
$ 0 |
$50 |
|
200 |
210 |
Calculate the marginal propensity to consume in Table 1.
Find the consumption function consistent with the data in Table 1.
At which income level does consumption equal income in Table 1?
What is the rate of saving when income equals $1,000 billion in Table 1?
In: Economics
Shimmer Inc. is a calendar-year-end, accrual-method corporation. This year, it sells the following long-term assets:
| Asset | Sales Price | Cost | Accumulated Depreciation |
| Building | $650,000 | $642,000 | $37,000 |
| Sparkle Corporation stock | 130,000 | 175,000 | n/a |
Shimmer does not sell any other assets during the year, and its taxable income before these transactions is $800,000.
What are Shimmer's taxable income and tax liability for the
year? (New Corporate income tax rate has been mentioned as
"21% on all taxable income" as per the recent
change.)
In: Accounting
Air Atlantic has been offered a 3 year-old jet airlines under a 12-year arrangement. The lease requires AA to make annual lease payments of $500,000 beginning of each of the next 12 years. Determine the present value of the lease payments if the opportunity cost of funds is 14 percent?
a. 2,543,000
b. 3,226,200
c.3,966,754
Please, show all the procedure. Thanks
In: Finance
Margaret has a project with a $29,000 first cost that returns $4000 per year over its 10 -year life. It has a salvage value of $4000 at the end of 10 years. If the MARR is 13 percent, what is the future worth of this project after 10 years?
What is the discounted payback period for this project? Assume the savings are earned at year-end. Click the icon to view the table of compound interest factors for discrete compounding periods when i=13%.
The future worth of the project in 10 years is about $ ___.
(Type an integer or decimal rounded to two decimal places as needed.)
Determine the discounted payback period for the project. Select the correct choice below and, if necessary, fill in the answer box to complete your choice.
A. The discounted payback period for the project is year(s), which is less than the life of the project. (Round up to the nearest whole number.)
B. The discounted payback period for the project is greater than the life of the project.
In: Finance
| INCOME STATEMENT | |||||||
| YEAR ENDED DECEMBER 31, 200 | |||||||
| Change | Upcoming | ||||||
| Sales | Year | ||||||
| Food | $1,120,964 | ||||||
| Beverage | $ 465,200.00 | ||||||
| Total Sales | $ 1,586,164.00 | ||||||
| Cost of Sales | |||||||
| Food | 35.0% | $ 392,337.00 | |||||
| Beverage | 22.0% | $ 102,344.00 | |||||
| Total Cost of Sales | $ 494,681.00 | ||||||
| Gross Profit | $ 1,091,483.00 | ||||||
| Controllable Expenses | |||||||
| Salaries and Wages | $ 396,541.00 | ||||||
| Employee Benefits | 25.0% | $ 99,135.00 | |||||
| Other Controllable Expenses | $ 275,330.00 | ||||||
| Total Controllable Expenses | $ 771,006.00 | ||||||
| Income Before Occupancy costs | ancy Costs, | $ 320,477.00 | |||||
| Interest, Depreciation, and Income Taxes | |||||||
| Occupancy Costs | $ 75,230.00 | ||||||
| Interest | $ 25,600.00 | ||||||
| Depreciation | $ 79,099.00 | ||||||
| Total | $ 179,929.00 | ||||||
| Restaurant Profit | $ 140,548.00 | ||||||
| 1. Both food and beverage sales are expected to increase by 5 percent. | |||||||
| 2. Food and beverage cost percentages will remain the same. | |||||||
| 3. Salaries and wages will increase by 4 percent. | |||||||
| 4. The cost of employee benefits will increase, but will continue to be the same percentage of salaries and wages. | |||||||
| 5. Other controllable costs will increase by $6500. | |||||||
| 6. Occupancy costs will increase by $2000. | |||||||
| 7. Interest and depreciation will remain the same. | |||||||
In: Accounting
Juan: 18-year-old teenager, who started university this year so he moved to the capital. He does not know how to cook, so he eats away from home. He does not do physical activity, he only does academic activities. Weight: 135 kg Size: 1.90 mt
apply nutritional assessment, nutritional diagnosis, nutritional intervention, and nutritional vigilance
In: Nursing
Which of the following bonds has the longest duration?
|
7-year, 7% coupon bond |
||
|
7-year, 12% coupon bond |
||
|
14-year, 7% coupon bond |
||
|
14-year, 12% coupon bond |
In: Finance