Questions
Carbon monoxide poisoning often has fatal results. When an individual is exposed to large amounts of...

Carbon monoxide poisoning often has fatal results. When an individual is exposed to large amounts of carbon monoxide, it essentially prevents oxygen from being delivered to electron transport chains. Based on your understanding of the electron transport chain, what specific problems would this cause? Why would the individual ultimately die?

In: Biology

Origin Enterprises Ltd is incorporated in Australia. The company’s shares are listed on both the Australian...

Origin Enterprises Ltd is incorporated in Australia. The company’s shares are listed on both the Australian and London securities exchanges. Operations of the company are diversified across the following countries: the United Kingdom, Europe and Australia. One third of the company’s operations take place in each of these countries.

The majority (approx. 80%) of its sales contracts are dominated in United Kingdom pounds and this proportion of receipts from operating activities is retained within accounts in the UK. Most of the company’s labour, material and other costs of providing its goods and services are incurred within the individual countries which it operates.

The company has 60% of its operations financed through sources within the UK, with the balance from Australian sources.

Discuss what functional currency is and how it is determined. With the assistance of the class and using the above information, determine the functional currency of Origin Enterprises Ltd.

In: Accounting

ime Marsh 1 ​$1010 2 1212 3 1818 4 77 5 1010 a. Calculate the annual...

ime Marsh 1 ​$1010 2 1212 3 1818 4 77 5 1010 a. Calculate the annual rate of return for each year from the above information. b. What is the arithmetic average rate of return earned by investing in​ Marsh's stock over this​ period? c. What is the geometric average rate of return earned by investing in​ Marsh's stock over this​ period? d. Considering the beginning and ending stock prices for the​ five-year period are the​ same, which type of average rate of return​ (the arithmetic or​ geometric) better describes the average annual rate of return earned over the​ period? a. The annual rate of return at the end of year 2 is nothing​%. ​(Round to two decimal​ places.)

In: Finance

University Inc reported $84,000 in net income in 2018. On 1/1/18 company had 80,000 shares of...

University Inc reported $84,000 in net income in 2018. On 1/1/18 company had 80,000 shares of common stock. On May 1, 2018, 23,000 new shares of common stock were sold for cash. On July 1, 2018, the company declared and distributed 20% of common stock dividend. On October 1, 2018, 7,000 shares of common stock were reacquired as treasury stock. Compute Centrals weighted average common shares outstanding

A 116,150

B 112,300

C 112,650

D 109,150

In: Accounting

A mortgage company offers to lend you $85,000; the loan calls for payments of $8,383.86 at...

A mortgage company offers to lend you $85,000; the loan calls for payments of $8,383.86 at the end of each year for 30 years. What interest rate is the mortgage company charging you? Round your answer to two decimal places.

_______%

While Mary Corens was a student at the University of Tennessee, she borrowed $12,000 in student loans at an annual interest rate of 9.20%. If Mary repays $1,500 per year, how long (rounded up to the nearest year) will it take her to repay the loan?

_______year(s)

In: Finance

Assignment Task Three (5 marks) Penny Farthing is 40 years old and an Australian resident for...

Assignment Task Three

Penny Farthing is 40 years old and an Australian resident for tax purposes. Following the death of her spouse in 2019 she has remained single and assumed sole care of their two children Kim (aged 11) and Kerry (aged 3). The children receive no income. On October 31, 2019 Penny resigned from her job as a nurse at Newcastle’s John Hunter Hospital and moved her family to commence new employment at the Alice Springs Base hospital in the Northern Territory. Her employment at Alice Springs base hospital commenced on 15 November, 2019 - the date she settled with her family in rented accommodation in the town of Alice Springs. Penny is leasing the home she owns in Newcastle through a real estate agent.

Details of Penny’s receipts and payments for the year ended 30 June 2020 are as follows (all amounts are inclusive of GST where applicable):

Receipts

Gross Salary (John Hunter Hospital) note 1                                                           $25,240

Gross Salary (Alice Springs Hospital) note 2                                                          $76,180

Fully Franked Dividend received (ASX listed company)                                 $4,200

Net Bank Interest received from USA bank note 3                                                    900

Gross Rental Income                                                                                            $10,400

Payments

Airfares and removal costs to Alice Springs                                                      $3,400

Annual subscription Australian Nurses Association                                            $700

Purchase laptop computer note 4                                                                                          $2,200

Purchase Brief Case note 4                                                                                           270

Other expenses (all deductible s8-1)                                                                $1,230

Expenses relating to the rental property (all deductible)                              $17,100

Other information:

  1. Penny does not have private hospital cover.
  2. At 30 June 2020 Penny had a HELP/ (HECs) debt of $19,000 relating to her nursing degree that she completed in 2016 at the University of NSW.
  3. Penny also received $7,000 as her share of her Grandmother’s deceased estate.    

Notes:

  1. Penny’s payment summary from the John Hunter Hospital Newcastle also showed the following details:

PAYG Deducted                                                                        $4,400

Reportable Fringe Benefits                                                     $4,100

Reportable Employer Superannuation Contributions          $2,750

  1. Penny’s payment summary from the Alice Springs Base Hospital also showed the following details:

PAYG Deducted                                                                        $29,000

Reportable Employer Superannuation Contributions          $3,250

  1.     Penny received $1,000 (AUD) gross interest in respect of a deposit she holds with a US Bank. Under US tax legislation, the Bank was required to withhold $100 tax from the interest forwarding Penny the balance of $900.
  2.     The laptop was purchased new on 15 March 2020. It has an effective life of 3 years and is used 90% for her employment and 10% privately.

       The briefcase was purchased new on 1 September 2019. It has an effective life of 2 years and is used 100% for her employment.

Required

Calculate Penny’s minimum taxable income and her net tax payable/refundable for the year ended 30 June 2020.

In: Accounting

In 2009, Roche Holding AG (Roche) made an offer to acquire all remaining outstanding shares of...

In 2009, Roche Holding AG (Roche) made an offer to acquire all remaining outstanding shares of US biotechnology company Genentech. To pay for the deal, Roche planned to sell a record $32 billion in bonds at various maturities from 1 year to 30 years, and in three different currencies (USD, Euro, British pound). For simplicity, let us assume they only issue 10 year dollar-denominated bonds. The 10 year interest rates on corporate bonds, and the median earnings to interest expense ratios (EBITDA/interest expense coverage ratio) for US rated industrial companies at the time were as follows:

Rating Interest rate Coverage ratio
AAA 4.0% 114.0
AA 4.9% 44.0
A 5.6% 12.8
BBB 7.0% 8.2

With the acquisition of Genentech, suppose we project that Roche will have earnings (EBITDA) of $23 billion, and their interest expense will be $32 billion (the debt) times the interest rate. If we use the coverage ratio to estimate the bond rating, and we use the bond rating to estimate the interest rate, what rating will we assign to Roche's debt?

AAA

AA

A

BBB

In: Finance

what are the characteristics of,and who benefits from a well_run exchange?

what are the characteristics of,and who benefits from a well_run exchange?

In: Finance

What is . . . or was . . . benign neglect? Who benefited from benign...

What is . . . or was . . . benign neglect? Who benefited from benign neglect? And was it a successful practice? Why did it change?

In: Psychology

The trick of the balancing fork is mentioned on many web sites. A good one is...

The trick of the balancing fork is mentioned on many web sites. A good one is the one from Harvard University.

Explain the physics behind the balancing Forks in your own words.

Use the words torque, net torque, distance, and pivot in your explanation.

In: Physics