Unit Assignment Task:

Loans can turn bad and increase banks’ impaired loan position (non-performing loan). The impaired loans would increase credit risk to the detriment of bank insolvency. Discuss this issue complete with thorough analysis of the issue, causes, bank actions and solutions to minimize loss from rising credit risk and bank insolvency.

Marks will be awarded for thorough analysis of issues, causes, bank actions and solutions to minimize impaired loans and bank insolvency. Comprehensive analysis of issues 8 % In-depth discussion of causes with examples 10% Sound discussion of bank actions and solutions 12% Total 30% Word Count : Do not exceed 3,000 Words

The following financial ratios have been calculated for Nova Ltd for the year ended 30 June 2008: Ratio Actual results Budgeted results Previous year Industry Average Current ratio 1.97 1.92 1.87 1.92 Quick asset ratio 1.06 1.06 1.06 1.11 Inventory turnover 4.21 4.91 4.86 4.76 Net profit ratio 0.05 0.03 0.03 0.03 Gross margin 0.65 0.59 0.61 0.61 Required: Provide four (4) possible explanations for the results of the various ratios for Nova Ltd and explain their implications for the audit. (7marks) (Word Limit: Minimum of 200 words. Maximum 250 of words)

Q32 The manufacturer of a quartz travel alarm clock claims that, on the average, its clocks deviate from perfect time by 30 seconds per month, with a standard deviation of 10 seconds. Engineers from a consumer magazine purchase 40 of the clocks and find that the average clock in the sample deviated from perfect accuracy by 34 seconds in one month. [4 Marks]

(a) If the manufacturer’s claim is correct (i.e., seconds, seconds), what is the probability that the average deviation from perfect accuracy would be 34 seconds or more?

(b) Based on your answer to part (a), speculate on the possibility that the manufacturer’s claim might not be correct.

DO NOT WRITE THE ANSWERS - USE WORD FORMAT.

TURN YOUR ANSWER IN WORD.

The ABC Corporation had issued 3% coupon (semi-annual), 5-year, AA-rated bonds to finance its business growth. Use both your financial calculator (write the keys and the answer) and show the function you’d use in Excel).

a.     If investors are currently offering $1150, what is the expected YTM on the investment?

i.     Is this a premium/discount bond? Describe the relationship of the YTM, the coupon rate and the price of a bond.

b.     If they were willing to pay no more than $980 for this bond, what would their expected YTM be?                                              

i.     Is this a premium/discount bond?

c.     Describe the relationship of the YTM, the coupon rate and the price of a bond.

McKibbin and Wilcoxen (2002) provide a detailed analysis of the policy design challenges that attend choosing between a carbon tax and an emission trading scheme (ETS). The textbook answer suggest that both will be efficient. However, the tax effectively sets price and the policy maker might need to iteratively adjust the tax to impact on the quantity of pollution. In contrast, an ETS sets the quantity of pollution and allows the market for permits to establish a price. Read the article by McKibbin and Wilcoxen carefully, especially pages 116-122. Explain the benefits of a tax versus an ETS and vice versa and the role of uncertainty. Why do the authors settle on a hybrid policy choice? (Maximum word limit 350 words)

McKibbin and Wilcoxen (2002) provide a detailed analysis of the policy design challenges that attend choosing between a carbon tax and an emission trading scheme (ETS). The textbook answer suggest that both will be efficient. However, the tax effectively sets price and the policy maker might need to iteratively adjust the tax to impact on the quantity of pollution. In contrast, an ETS sets the quantity of pollution and allows the market for permits to establish a price.

Read the article by McKibbin and Wilcoxen carefully, especially pages 116-122. Explain the benefits of a tax versus an ETS and vice versa and the role of uncertainty. Why do the authors settle on a hybrid policy choice?

(Maximum word limit 350 words)

A wealthy individual is admitted to your hospital. He was diagnosed 48 hours ago with kidney failure and needs a transplant. He is placed on the transplant list, but is advised it will probably take months or years to obtain a kidney. Suddenly, today an individual arrives with a foreign appearing man, who doesn't speak English and appears unkempt. He states he is the patient's "cousin" and wishes to "gift" a kidney to your patient. What rules apply to organ donation? Who oversees them? Is this illegal activity or OK? What is the hospital's obligation in "policing" the source of donated organs? 500 word response and use own words - not copy and paste from Google.

No Plagiarism please

250 words at least

For this discussion forum you will research ONE local community resource that is available to support individuals who are in need of assistance related to one of the health issues discussed in this week's modules (disease prevention, substance abuse/addictions, or aging, dying, and death). For the resource you choose, please provide the following information: Resource name, location, mission, summary of services provided, and the populations the resource serves. Your post should be at least a 250 word minimum. cite the source you use (i.e. the resource website, brochure, etc.), using APA or MLA format.

My current Location: Hampton, Va

The purpose of this assignment is to familiarize yourself with the intricacies of health care reform. Write a 1,000-1,250 word paper that addresses the following: Analyze the nature of health care reform in the United States, both in the past and present.

Discuss the two needed elements in health care reform and why they hold importance.

Evaluate a minimum of three different health care reform strategies and provide a rationale for each.

Choose one of the three areas (above) and provide a specific example of health care reform at either the state or national level:

(a) What was it called? (b) Who introduced it? (c) When was it introduced? (d) What was its ultimate purpose? and (e) Did it succeed? If not, why not?