Questions
JED Capital Inc., makes investments in trading securities. Selected income statement items for the years ended December 31, Year 2 and Year 3


 Missing Statement Items, Trading Investments

 JED Capital Inc., makes investments in trading securities. Selected income statement items for the years ended December 31, Year 2 and Year 3, plus selected items from comparative balance sheets, are shown in the income statement and balance sheet below:

 There were no dividends.

 Determine the missing items.


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In: Accounting

Cigarettes/Day Death Rate/1000/Year due to CHF Males Death Rate/1000/Year due to CHF Females 0 0.01 0.008...

  1. Cigarettes/Day

    Death Rate/1000/Year due to CHF
    Males

    Death Rate/1000/Year due to CHF
    Females

    0

    0.01

    0.008

    1-14

    0.27

    0.11

    15-24

    1.23

    1.15

    25+

    2.00

    1.50

  2. Your team would like to calculate the attributable risk or attributable proportion of CHF death rates due to smoking 1-14 and 15-24 cigarettes per day separately for males and females. Do you notice any differences within and between these groups in death rates due to CHF based on the different number of cigarettes smoked per day?
  3. What can the team conclude about the death rate due to CHF for males and females separately when zero cigarettes per day are smoked? How do they compare?

    Your quality improvement Team is revisiting the following patient readmissions and would like to predict the number of readmissions based on the number of drugs administered.

In: Statistics and Probability

Homeostatic Case Study Patient: Mr. Kaunda70-year-old man with respiratory problems History: A 70-year-old man with chronic renal failure...

Homeostatic Case Study

Patient: Mr. Kaunda70-year-old man with respiratory problems

History: A 70-year-old man with chronic renal failure was in the hospital in serious condition recovering from a heart attack. He had just undergone "coronary angioplasty" to redilate his left coronary artery, and was thus on an "npo" diet (i.e. he was not allowed to have food or drink by mouth). He received fluid through an intravenous (IV) line.

Late one night, a new nurse who really did not understand the concept of osmolarity came into the patient's room to replace the man's empty IV bag with a new one. Misreading the physician's orders, he hooked up a fresh bag of IV fluid that was "twice-normal" saline rather than "half-normal" saline (in other words, the patient starting receiving a fluid that was four times saltier than it should have been).

This mistake was not noticed until the following morning. At that time, Mr. Kaunda had marked pitting edema around the hip region. He complained that it was difficult to breathe as well. Blood was drawn, revealing the following:

Na+
159 mEq / liter (Normal = 136-145 mEq / liter)
K+       
4.9 mEq / liter (Normal = 3.5-5.0 mEq / liter)
C1-
100 mEq / liter (Normal = 96-106 mEq / liter)

A chest x-ray revealed interstitial edema in the lungs.



Questions:


Will the interstitial fluid increase or decrease the "osmolarity"(concentration) due to the nurse's mistake?Which electrolytes were out of the normal range and in which direction? 


Given your knowledge of osmosis, will the patient’s cells increase or decrease in size? Explain your answer. 


Can you explain why the patient may have edema? 


What is the function of aldosterone and how will the increase in osmolarity affect the blood aldosterone levels? 


Is Mr. Kaunda susceptible to hyponatrenia or hypernatremia? What possible symptoms could Mr. Kaunda develop from his present (osmotic) condition? 


Are there any other normal homeostatic mechanisms that the body has, to control the situation Kaunda faces? How might it react in this situation? 

In: Anatomy and Physiology

Year Zero-coupon bond yield (Sport rate) Zero-coupon bond price 1-year implied forward rate Par coupon rate...

Year

Zero-coupon bond yield (Sport rate)

Zero-coupon bond price

1-year implied forward rate

Par coupon rate

1

5%

a

2

b

c

d

6%

Please find out the values of a,b,c and d.

In: Finance

Cigarettes/Day Death Rate/1000/Year due to CHF Males Death Rate/1000/Year due to CHF Females 0 0.01 0.008...

Cigarettes/Day

Death Rate/1000/Year due to CHF
Males

Death Rate/1000/Year due to CHF
Females

0

0.01

0.008

1-14

0.27

0.11

15-24

1.23

1.15

25+

2.00

1.50

  1. Your team would like to calculate the attributable risk or attributable proportion of CHF death rates due to smoking 1-14 and 15-24 cigarettes per day separately for males and females. Do you notice any differences within and between these groups in death rates due to CHF based on the different number of cigarettes smoked per day?
  2. What can the team conclude about the death rate due to CHF for males and females separately when zero cigarettes per day are smoked? How do they compare?

    Your quality improvement Team is revisiting the following patient readmissions and would like to predict the number of readmissions based on the number of drugs administered.

In: Math

Years 1-5 Years 6-10 Residual Value After-tax cash flows $150,000 (each year) $200,000 (each year) $5,000,000...

Years 1-5 Years 6-10 Residual Value

After-tax cash flows $150,000 (each year) $200,000 (each year) $5,000,000

The above table depicts the consensus estimate of free cash flows for Paradise, Inc. What is the intrinsic per-share value of the firm given a required rate of return of 9% and 350,000 shares outstanding? (Assume that the year one through 10 cash flows are received at the end of the year and the residual value is received on January 1 of year 11).

a. $9.92 per share

b. $13.17 per share

c. $12.40 per share

d. $9.15 per share

In: Finance

You have been asked by the CFO of your company to evaluate the proposed expansion project....

You have been asked by the CFO of your company to evaluate the proposed expansion project. You collected the following data: Investment outlays: $200,000 ($25,000 for nondepreciable land, $175,000 for equipment) Life of the project: 5 years Depreciation for equipment: Your firm uses an accelerated depreciation method, and the equipment is MACRS (modified accelerated cost recovery system) 3-year property with depreciation rates of 33.33% in Year 1, 44.45% in Year 2, 14.81% in Year 3, and 7.41% in Year 4. Investment in net working capital: $30,000 (= $50,000 in current assets - $20,000 in current liabilities) Annual sales: $220,000 Annual cash operating expenses: $90,000 Income tax rate: 40% At the end of year five, the company will sell off the fixed capital assets for $50,000. At the end of year five, the firm will recover the net working capital investment of $30,000.

What is the total initial investment outlay?

1) $30,000 2) $50,000 3) $200,000 4) $230,000 5) $250,000

What is the depreciation amount in each year?

1) $58,328 in Year 1; $77,788 in Year 2; $25,918 in Year 3; $12,968 in Year 4; 0 in Year 5 2) 0 in Year 1; $58,328 in Year 2; $77,788 in Year 3; $25,918 in Year 4; $12,968 in Year 5 3) $25,918 in Year 1; $77,788 in Year 2; $58,328 in Year 3; $12,968 in Year 4; 0 in Year 5 4) $58,328 in Year 1; $77,788 in Year 2; $45,918 in Year 3; $12,968 in Year 4; $1,000 in Year 5 5) $48,328 in Year 1; $67,788 in Year 2; $35,918 in Year 3; $12,968 in Year 4; $500 in Year 5

What is the total after-tax cash flow in each year?

1) $58,328 in Year 1; $77,788 in Year 2; $25,918 in Year 3; $12,968 in Year 4; $500 in Year 5 2) $101,331 in Year 1; $109,115 in Year 2; $98,367 in Year 3; $93,187 in Year 4; $78,000 in Year 5 3) $43,004 in Year 1; $31,328 in Year 2; $62,450 in Year 3; $70,220 in Year 4; $78,000 in Year 5 4) $71,673 in Year 1; $52,213 in Year 2; $104,083 in Year 3; $117,033 in Year 4; $130,000 in Year 5 5) $101,331 in Year 1; $109,115 in Year 2; $88,367 in Year 3; $83,187 in Year 4; $148,000 in Year 5

What is the modified internal rate of return (MIRR) for the project if the cost of capital is 10%? Would you accept the project under the MIRR rule?

1) Accept the project since the MIRR is 22.71% 2) Accept the project since the MIRR is 15.94% 3) Accept the project since the MIRR is 12.49% 4) Reject the project since the MIRR is 9.53% 5) Reject the project since the MIRR is 9.35%

In: Finance

Calculate the implied forward rates on one-year securties using the unbiased expectations theory. Keep the calculated...

Calculate the implied forward rates on one-year securties using the unbiased expectations theory. Keep the calculated value in one cell and make it as general as possible, i.e. use formulas such as COUNT, SUM, PRODUCT, etc. (Hint: Use COUNT() for the N value.)

??1=1+1???1+1??−1?−1−1 Nf_1=[(1+1R_N )^N/(1+1R_(N-1) )^(N-1) ]-1

Why is the calculated implied forward rate more than the zero-coupon?

Zero-Coupon Implied Forward
1-year 0.79%
2-year 1.08%
3-year 1.33%
4-year 1.59%
5-year 1.80%
6-year 1.96%
7-year 2.07%
8-year 2.17%
9-year 2.25%
10-year 2.33%
11-year 2.40%
12-year 2.45%
13-year 2.49%
14-year 2.53%
15-year 2.55%
16-year 2.59%
17-year 2.62%
18-year 2.67%
19-year 2.71%
20-year 2.75%
21-year 2.80%
22-year 2.84%
23-year 2.87%
24-year 2.90%
25-year 2.93%
26-year 2.96%
27-year 2.98%
28-year 3.00%
29-year 3.02%
30-year 3.03%

In: Finance

Perdue Company purchased equipment on April 1 for $50,490. The equipment was expected to have a...

Perdue Company purchased equipment on April 1 for $50,490. The equipment was expected to have a useful life of three years, or 7,560 operating hours, and a residual value of $1,350. The equipment was used for 1,400 hours during Year 1, 2,600 hours in Year 2, 2,300 hours in Year 3, and 1,260 hours in Year 4.

Required:

Determine the amount of depreciation expense for the years ended December 31, Year 1, Year 2, Year 3, and Year 4, by (a) the straight-line method, (b) units-of-activity method, and (c) the double-declining-balance method.

Note: FOR DECLINING BALANCE ONLY, round the multiplier to four decimal places. Then round the answer for each year to the nearest whole dollar.

a. Straight-line method

Year Amount
Year 1 $
Year 2 $
Year 3 $
Year 4 $

b. Units-of-activity method

Year Amount
Year 1 $
Year 2 $
Year 3 $
Year 4 $

c. Double-declining-balance method

Year Amount
Year 1 $
Year 2 $
Year 3 $
Year 4 $

In: Accounting

Depreciation by Three Methods; Partial Years Perdue Company purchased equipment on April 1 for $270,000. The...

Depreciation by Three Methods; Partial Years

Perdue Company purchased equipment on April 1 for $270,000. The equipment was expected to have a useful life of three years or 18,000 operating hours, and a residual value of $9,000. The equipment was used for 7,500 hours during Year 1, 5,500 hours in Year 2, 4,000 hours in Year 3, and 1,000 hours in Year 4.

Required:

Determine the amount of depreciation expense for the years ended December 31, Year 1, Year 2, Year 3, and Year 4, by (a) the straight-line method, (b) units-of-output method, and (c) the double-declining-balance method.

Note: FOR DECLINING BALANCE ONLY, round the answer for each year to the nearest whole dollar.

a. Straight-line method

Year Amount
Year 1 $
Year 2 $
Year 3 $
Year 4 $

b. Units-of-output method

Year Amount
Year 1 $
Year 2 $
Year 3 $
Year 4 $

c. Double-declining-balance Method

Year Amount
Year 1 $
Year 2 $
Year 3 $
Year 4 $

In: Accounting