Maria is a 21-year-old single mother. On the way to work, she drops off her 3-year-old daughter at a community day care center and picks her up on the way home. Because her income is low, Maria works at a second job from home in the evening and rarely goes out for social interaction. For the last several days, her daughter has been sick with influenza, so Maria has stayed awake throughout the night to care for her. One morning, while preparing her daughter’s breakfast, Maria realized that they had run out of milk and bread again. Maria sat down on the floor and began to cry

1. One of the effects of chronic stress is an impaired immune response. What are the physiologic mechanisms that will make Maria particularly prone to contracting her daughter’s illness?
2. Assuming the stressors are the same, how is it that someone might react differently than Maria? From what you know of her history, what are some factors affecting Maria’s ability to cope both physically and psychologically?
3. What are the signs and symptoms that would distinguish a person with posttraumatic stress disorder from an individual like Maria?

Year 1 Year 2

Revenues 128.9 151.6

COGS and Operating Expenses (other than depreciation) 49.6 52.7

Depreciation 24.9 43.5

Increase in Net Working Capital 3.4 8.1

Capital Expenditures 27.3 43.2

Marginal Corporate Tax Rate 35% 35%

a. What are the incremental earnings for this project for years 1 and​ 2?​ (Note: Assume any incremental cost of goods sold is included as part of operating​ expenses.)

b. What are the free cash flows for this project for years 1 and​ 2?

Problem 11-6

A four-year project has cash flows before taxes and depreciation of $12,000 per year. The project requires the purchase of a $50,000 asset that will be depreciated over five years straight-line. At the end of the fourth year the asset will be sold for $15,000. The firm's marginal tax rate is 33%. Calculate the cash flows associated with the project. (For convenience assume the gain on the sale of the asset is taxed at 33%.) Use a minus sign to indicate negative cash flows or decreases in cash, if required.

Balance Sheet Presentation of Available-for-Sale Investments

During Year 1, its first year of operations, Galileo Company purchased two available-for-sale investments as follows:

Assume that as of December 31, Year 1, the Hawking Inc. stock had a market value of $60 per share and the Pavlov Co. stock had a market value of $47 per share. Galileo Company had net income of $332,000 and paid no dividends for the year ending December 31, Year 1. All of the available-for-sale investments are classified as current assets.

a. Prepare the Current Assets section of the balance sheet presentation for the available-for-sale investments.

b. Prepare the Stockholders' Equity section of the balance sheet to reflect the earnings and unrealized gain (loss) for the available-for-sale investments.

Two random samples are taken, one from among first-year students and the other from among fourth-year students at a public university. Both samples are asked if they favor modifying the student Honor Code. A summary of the sample sizes and number of each group answering "yes'' are given below:

First-Years (Pop. 1):n1=93 x2=56

Fourth-Years (Pop. 2):,n2=97 x1=62

Is there evidence, at an α=0.07 level of significance, to conclude that there is a difference in proportions between first-years and fourth-years? Carry out an appropriate hypothesis test, filling in the information requested.

A. The value of the standardized test statistic:

B. The P-value is

Germ Co. issued $600,000, 6%, 5-year bonds to yield 8% on March 1, Year 1. Interest is paid on August 31 and February 28th. The proceeds from the bonds are $551,332. Germ's year end is 12/31

Using effective-interest amortization, record the necessary journal entries on 12/31/yr 1 and 2/28/yr 2 assuming they do NOT use adjusting entries.?

G-2 Inc. expects the following dividend pattern over the next seven​ years:

Year 1- $1.50

Year 2 - $1.56

Year 3 - $1.62

Year 4 - $1.68

Year 5- $1.75

Year 6 - $1.82

Year 7 ​- $1.90

The company will then have a constant dividend of ​$ 1.97 forever. What is the price of this stock today​ (year 0) if an investor wants to earn 16​% rate of​ return?

The stock price is ​$_____   ​(Round to two decimal​ places.)

Camille Sikorski was divorced last year. She currently provides a home for her 15-year-old daughter, Kaly, and 18-year-old son, Parker. Both children lived in Camille’s home, which she owns, for the entire year, and Camille paid for all the costs of maintaining the home. She received a salary of $55,000 and contributed $4,200 of it to a qualified retirement account (a for AGI deduction). She also received $6,000 of alimony from her former husband. Finally, Camille paid $2,700 of expenditures that qualified as itemized deductions.

a. What is Camille’s taxable income?

b. What would Camille’s taxable income be if she incurred $9,800 of itemized deductions instead of $2,700?

c. Assume the original facts but now suppose Camille’s daughter, Kaly, is 25 years old and a full-time student. Kaly’s gross income for the year was $5,300. Kaly provided $3,180 of her own support, and Camille provided $5,300 of support. What is Camille’s taxable income?

#6 is it Greater of standard deduction or itemized deduction or is it Lesser of standard deduction or itemized deduction