Patient with Meniere’s Disease:
The client is a 53-year-old lawyer who travels internationally. He has noticed progressive sensorineural hearing loss, tinnitus that is interfering with his job performance, and occasional incapacitating vertigo. The health care provider is suspects that the client is suffering from Meniere’s Disease.
In: Nursing
Scenario: A 28 year old with a bachelors degree. They have no children and is a new home owner in the state of Maryland. As head of the household must determine a household budgeting plan.
Use Table 1 to report the variables selected for this assignment. Note: The information for the required variable, “Income,” has already been completed and can be used as a guide for completing information on the remaining variables.
| Variable Name In DataSet | Description | Type of variable (Qualitative or quantitative |
| Income | annual househole income in USD | Quantitative |
| Martial Status | ||
| Age | ||
| Family Size | ||
| Housing |
Reason(s) for selecting the variable and expected Outcome(s)
1) Income
2) Martial Status
3) Age
4) Family Size
5) Housing
Data Set Description:
Proposed Data Analysis:
Measures of Central Tendency and Dispersion
Complete Table 2. Numerical Summaries of the Selected Variables and briefly explain why you choose those measurements. Note: The information for the required variable, “Income,” has already been completed and can be used as a guide for completing information on the remaining variables.
Table 2. Numerical Summaries of the Selected Variables
| Variable Name |
Measures of Central Tendency and Dispersion |
Rationale for Why Appropriate |
|
Variable 1: “Income” |
Number of Observations ? Median ? Sample Standard Deviation |
I am using median for two reasons: 1. If there are any outliers or the data is not normally distributed, the median is the best measure of central tendency. 2. The variable is quantitative. I am using sample standard deviation for three reasons: 1. The data is a sample from a larger data set. 2. It is the most commonly used measure of dispersion. 3. The variable is quantitative. |
| Marital Status | ||
| Age | ||
| Family size | ||
| Housing |
Graphs and/or Tables
Complete Table 3. Type of Graphs and/or Table for Selected Variables and briefly explain why you choose those graphs and/or tables. Note: The information for the required variable, “Income,” has already been completed and can be used as a guide for completing information on the remaining variables.
Table 3. Type of Graphs and/or Tables for Selected Variables
|
Variable Name |
Graph and/or Table |
Rationale for why Appropriate? |
|
Variable 1: “Income” |
Graph: I will use the histogram to show the normal distribution of data. |
Histogram is one of the best plot to show the normal distribution of quantitative level data . |
| martial status | ||
| age | ||
| family size | ||
| housing |
The data is a random sample from the US Department of Labor’s 2016 Consumer Expenditure Surveys (CE) and provides information about the composition of households and their annual expenditures (https://www.bls.gov/cex/). It contains information from 30 households, where a survey responder provided the requested information; it is all self-reported information. This dataset contains four socioeconomic variables (whose names start with SE) and four expenditure variables (whose names start with USD).
In: Statistics and Probability
If the salary is paid at the end of the year, how much will John get?
1. He can keep his current job at the management firm D&L. His annual salary at the firm is $65,000 per year and is salary is expected to increase at 3% per year until retirement. He is currently 28 years old and he expects to work for 40 more years. His current job includes a full paid health insurance plan and is current average tax rate is 26%. John has a savings account with enough money to cover the entire cost of the MBA program.
2. The Carlton College offers a one-year MBA program. The tuition cost is $85,000 to be paid upon matriculation. Books and other supplies for the program are expected to cost $4,500. The Carlton program is a full-time one that does not allow students to work in the meantime. John thinks that after the Carlton degree he will be able to receive an offer of $92,000 per year with a $18,000 signing bonus. The salary at this job will increase at 3.5% per year. His average tax rate at this level of income will be 29%.
In: Advanced Math
PlasticWorks Corporation bought a machine at the beginning of
the year at a cost of $15,500. The estimated useful life was five
years, and the residual value was $2,500. Assume that the estimated
productive life of the machine is 13,000 units. Expected annual
production was: year 1, 4,000 units; year 2, 4,000 units; year 3,
2,500 units; year 4, 1,300 units; and year 5, 1,200 units.
Required:
1. Complete a depreciation schedule for each of the
alternative methods. (Enter all values as positive
amount.)
a. Straight-line.
b. Units-of-production.
c. Double-declining-balance.
2-a. Which method will result in the highest net
income in year 2?
Straight-line
Units-of-production
Double-declining-balance
2-b. Does this higher net income mean the machine was used
more efficiently under this depreciation method?
Yes
No
In: Accounting
The following situation is related to the activities and events of Superman Company in the year 2018. The financial year end for the company is 31 December.
In the past, the company expensed borrowing costs on construction of its factory. The company has changed its policy this year and now capitalizes as it is incurred. In 2017 accounts, borrowing costs expensed was $ 2,500,000 and this year's borrowing costs incurred was $ 3,800,000. The factory is still under construction.
Identify the type of accounting changes and discuss the proper accounting treatment.
In: Accounting
Review the following SG&A budget that was prepared at the beginning of the current year. The economy appears to be slowing, and sales are now expected to run only 75% of plan. How much can now be expected to result for total SG&A?
The only fixed cost that can be reduced relates to the advertising campaign. What are the possible impacts of attempting to save money by cutting a portion of the advertising budget?
|
Selling, General, and Administrative Budget |
|
|
For the Year Ending December 31, 20X7 |
|
|
Estimated units sold |
87,500 |
|
X Per unit variable SG&A |
X $ 5.50 |
|
Total variable SG&A |
$ 481,250 |
|
Fixed SG&A |
|
|
Salaries |
$ 467,500 |
|
Office |
112,000 |
|
Advertising |
292,500 |
|
Other |
39,250 |
|
Total fixed SG&A |
$ 911,250 |
|
Total budgeted SG&A |
$ 1,392,500 |
Worksheet 7
The following revised budget should reflect only 75% of the sales volume included in the original plan) units:
|
Selling, General, and Administrative Budget |
|
|
For the Year Ending December 31, 20X7 |
|
|
Estimated units sold |
|
|
X Per unit variable SG&A |
|
|
Total variable SG&A |
|
|
Fixed SG&A |
|
|
Salaries |
|
|
Office |
|
|
Advertising |
|
|
Other |
|
|
Total fixed SG&A |
|
|
Total budgeted SG&A |
|
In: Accounting
Given the information in the table, what is the price of the stock in YEAR 1?
|
Today’s Dividend |
$4.62 |
|
Discount Rate |
9.31% |
|
Growth rate in dividends 0 to 1 |
9.58% |
|
Growth rate in dividends 1 to 2 |
6.56% |
|
Growth rate in dividends 2 to 3 |
5.79% |
|
Growth rate in dividends 3 onward |
3.34% |
In: Finance
The national average on a certification exam in the US last year was 68. For a sample of participants (n=64) who participated in a preparatory program before the exam, the mean was 76 with a sample standard deviation of 4. Using alpha = .05, is there a statistically significant difference between the study participants’ mean and the national average?
In: Statistics and Probability
Simple interest is normally used for loans with a term of a year or less.
The simple interest formula is I = Prt (Interest = Principal * rate * time) . This is one way that interest is calculated on a loan or investment.
Create a loan scenario: Tell a story about the purpose of the loan, who was involved, and explain the terms and conditions of the loan. Present your scenario to the class; make sure it includes the principal amount, interest rate, and time period.
In: Accounting
An enterprise is expected to pay a dividend of $0.65 in one year. The dividend is expected to grow at a rate of 12% per year for the next five years as the firm goes through a period of rapid growth. After that, it is expected to grow at an average rate of 7% per year forever. If the required return is 22%, what is the value of a share?
In: Finance