A publically traded company more than doubled its EPS by changing depreciation methods. In justifying the change, management supported the change as follows: In comparison to direct competitors, the previous depreciation method was more conservative and thus had a negative impact on earnings.

Although difficult to prove, there is considerable evidence that accounting changes are made for reasons other than improved financial reporting. GAAP are flexible in the initial selection of accounting methods and in making subsequent changes. However, the accounting standards specifically require that only changes to preferable accounting methods be made.

Comment on the appropriateness of making accounting changes to fulfill financial reporting objectives, Consisder relevant ethical issues in your response. Who are the stakeholders? Does this violate GAAP? What is the ethical issue? What is an alternative course of action?

Currently Delta's market capitalization is (approximately) $21.1 billion and beta is 1.3. What does this mean?

• A. The total value of Delta's stock is valued at $21.1 billion and the stock price typically changes by (approximately) a smaller percentage as the S&P 500 index.
• B. The total value of Delta's stock is valued at $21.1 billion and the stock price typically changes by (approximately) a smaller percentage as the Dow Jones Industrial Average index.
• C. The total value of Delta Air is valued at $21.1 billion and the stock price typically changes by (approximately) a larger percentage as the S&P 500 index.
• D. The total value of Delta Air is valued at $21.1 billion and the stock price typically changes by (approximately) a larger percentage as the Dow Jones Industrial Average index.
• E. None of the above.

Describe the factors that promote sexual differentiation in utero. Discuss the process of puberty, focusing on the three critical endocrine changes that occur and the role of the anterior pituitary gland. Diagram normal female reproductive anatomy. Describe the normal female reproductive cycle, including changes in hormone levels and cellular events. Diagram normal male reproductive anatomy. Discuss the vascular and hormonal sequence of events required for ejaculation of motile sperm. Discuss the sequence of events that occurs during ovulation and menstruation. Identify the male and female hormones that regulate secondary sexual characteristics and reproductive functions. Describe the functions of the female breast and discuss the cyclical, hormone-mediated changes in breast tissue that occur during the reproductive years and in pregnancy. Discuss the normal age-related changes in the male and female reproductive systems.

Starting with the market demand and supply functions in Problem 1, determine algebraically the new equilibrium price and quantity if; the demand function changes to QD' = 12,000 - 1,000 P or to QD" = 8,000 - 1,000 P, or the market supply function changes to QS* = -4,000 + 1,000 P or to QS** = 1,000 P. Draw a figure for parts (a) and (b) and label E' and E". respectively, the equilibrium point resulting when the market demand changes to QD' or QD"; label E* and E**, respectively, the equilibrium point resulting when the market supply function changes to QS* or QS**; on the same figure, label F the equilibrium point resulting with QD' and QS*, label G the equilibrium resulting with QD" and QS**, label H the equilibrium resulting with QD" and QS**, and label J the equilibrium resulting with QD" and QS*  

All of the following statements regarding changes in accounting principles are true except which of the following?

Which of the following items appears on the income statement before income before irregular items?

Signs and Symptoms of Pregnancy

Provide the implications of the given disorder as well as the nursing actions or interventions

EBIT Sensitivity   Stewart Industries sells its finished product for $ 8.66 per unit. Its fixed operating costs are $ 18 comma 800​, and the variable operating cost per unit is $ 4.03. a. Calculate the​ firm's earnings before interest and taxes​ (EBIT) for sales of 9 comma 000 units. b. Calculate the​ firm's EBIT for sales of 7 comma 000 and 11 comma 000 ​units, respectively. c. Calculate the percentage changes in sales​ (from the 9 comma 000​-unit base​ level) and associated percentage changes in EBIT for the shifts in sales indicated in part ​(b​). d. On the basis of your findings in part ​(c​), comment on the sensitivity of changes in EBIT in response to changes in sales.

a. The​ firm's earnings before interest and taxes is ​$ nothing. ​(Round to the nearest​ dollar.)

A US airline company will purchase 400,000 gallons of jet fuel after one month and the company wants to

do cross hedging using heating oil futures. The standard deviation of monthly changes in the spot price of

jet fuel is (in cents per gallon) 300; the standard deviation of monthly changes in the futures price for the

heating oil futures contract is (in cents per gallon) 407. The coefficient of correlation between the jet fuel

price changes and the futures price changes is 0.75. Each heating oil futures contract is for delivery of 2,000

gallons of heating oil. The current spot price of jet fuel is $1.55 per gallon and the futures price of heating oil is

$1.97 per gallon. What is the optimal number of contracts with tailing adjustment?

A high-­viscosity oil is transported through a wide rectangular duct of length L, width W and depth 2B via pressure-­driven flow. The duct is inclined at an angle b? below the horizontal plane (gravity may be assumed to act downwards in the vertical direction), and is sufficiently broad that edge effects may be neglected in the transverse (x2) direction. The pressure at the upstream end of the duct (x1=0) is Po, and at the downstream end (x1=L) is PL. The flow may be regarded as laminar and isothermal, and the oil is a Newtonian liquid;? the duct may be regarded as stationary.

(a) Starting with the appropriate form of the Continuity Equation and Equations of Motion derive an equation for determining the x1 component of velocity at steady state. Be sure to identify all assumptions and boundary conditions. You should attach a marked equation sheet showing the manner in which you simplified the Navier-­ Stokes Equations.

(b) Derive an equation for the volume flow rate of oil through the duct at steady state under these conditions.

(c) Derive an expression for the shear stress T₃₁ at the upper surface of the duct (x3 = B) at steady state.

Question From Solar Technologies....

#1)  From system engineering standpoint, describe ways as to how the hot air from a solar collector can be used in buildings.

#2) Use the data provided in example 3.15 (pp. 118-119) to compute the available power, outlet temperature, and thermal efficiency at vwind = 2 m/s (all other boundary conditions are the same as condition No. 4). Compare the results from this new condition with that from condition No. 4. Note: Please describe the procedure and equations used for the calculations, and show you work (or attach your spreadsheet).

____(giwevn question)Example 3.15 Calculation of the available power, the outlet temperatures and the thermal efficiency for a facadeintegrated air collector at 800 W/m² irradiance and an ambient temperature of 10°C. The ambient temperature equals the inlet temperature Tf,in in the collector. The air duct geometry corresponds to the examples already calculated with a collector length of 2.5 m, and the heat transfer coefficient of the rear Ub is a constant 0.65 W/m²K (side losses ignored).