Kim is a 27-year-old woman who recently moved from a small town in Texas to work in the city of Dallas as a reporter for one of the major newspapers. She is 5’6” tall and weighs 115 lb. To keep in shape she likes to jog, which she did regularly in her hometown. She doesn’t know anyone in Dallas and has been lonely for her family since arriving. But she has moved into a small apartment in a quiet neighborhood and hopes to meet young people soon though her work and church. On the first Saturday morning after she moved into her new apartment, Kim decided to get up early and go jogging. It was still dark out, but Kim was not afraid. She had been jogging alone in the dark many times in her hometown. She donned her jogging clothes and headed down the quiet street toward a nearby park. As she entered the park, an individual came out from a dense clump of bushes, put a knife to her throat, and ordered her to the ground. She was raped and beaten unconscious. She remained in that condition until sunrise when she was found by another jogger who called emergency services, and Kim was taken to the nearest emergency department. Upon regaining consciousness, Kim was hysterical, but a sexual assault nurse examiner (SANE) was called to the scene, and Kim was assigned to a quiet area of the hospital, where the post-rape examination was initiated. Answer the following questions related to Kim: 1. What are the initial nursing interventions for Kim? 2. What treatments must the nurse ensure that Kim is aware are available for her? 3. What nursing diagnosis would the nurse expect to focus on with Kim in follow-up care?
In: Nursing
A semiprofessional baseball team near your town plays two home games each month at the local baseball park. The team splits the concessions 50/50 with the city but keeps all the revenue from ticket sales. The city charges the team $100 each month for the three-month season. The team pays the players and manager a total of $1000 each month. The team charges $10 for each ticket, and the average customer spends $8 at the concession stand. Attendance averages 30 people at each home game.
1st attempt
Part 1 (4 points)
The team earns an average
of $ in revenue for each game
and $ of revenue each
season.
With total costs of $ each
season, the team finishes the season
with $ of profit.
Part 2 (1 point)
In order to break even, the team needs to sell tickets for each game. Round to the nearest whole number.
In: Economics
Two plants are emitting a uniformly mixed pollutant called gunk into the beautiful sky over Tourist-Town. Suppose the aggregate marginal reduction costs is MB = 400/3 - (2/3)x. Plant G has marginal reduction costs of MB1 = 200-2(x1), while Plant K has marginal reduction costs of MB2 = 100 - (x2), where x1 and x2 are the emissions level for each firm, and x = x1 + x2.
1) How much will each plant pollute if there is no environmental regulations?
2) The city government decides that it can tolerate total emissions of no more than 110 kgs of gunk per day. What is the cost effective pollution level for each plant if total pollution must equal 110?
In: Economics
Kim is a 27-year-old woman who recently moved from a small
town in Texas to work in the city of Dallas as a reporter for one
of the major newspapers. She is 5’6” tall and weighs 115 lb. To
keep in shape she likes to jog, which she did regularly in her
hometown. She doesn’t know anyone in Dallas and has been
lonely for her family since arriving. But she has moved into a
small apartment in a quiet neighborhood and hopes to meet
young people soon though her work and church.
On the first Saturday morning after she moved into her new
apartment, Kim decided to get up early and go jogging. It was
still dark out, but Kim was not afraid. She had been jogging
alone in the dark many times in her hometown. She donned her
jogging clothes and headed down the quiet street toward a nearby
park. As she entered the park, an individual came out from a
dense clump of bushes, put a knife to her throat, and ordered her
to the ground. She was raped and beaten unconscious. She
remained in that condition until sunrise when she was found by
another jogger who called emergency services, and Kim was
taken to the nearest emergency department. Upon regaining
consciousness, Kim was hysterical, but a sexual assault nurse
examiner (SANE) was called to the scene, and Kim was assigned
to a quiet area of the hospital, where the post-rape examination
was initiated.
Answer the following questions related to Kim:
1. What are the initial nursing interventions for Kim?
2. What treatments must the nurse ensure that Kim is aware
are available for her?
3. What nursing diagnosis would the nurse expect to focus on
In: Nursing
TYPE OUT WORK PLEASE
Alison lives in a small town where she plans to hire workers to help her make candy. Her production function for candy is q= 4LK^0.5
She begins producing with K = 4. The cost of capital is $50/unit. The wage depends on the amount of workers she employs. Specifically, w(L) = 10 + 2L.
1.Does Alison's production function exhibit diminishing marginal return to labor? Explain.
2.What kinds of returns to scale does Alison’s production function exhibit? Explain.
3.Derive Alison's short-run cost function.
4.Find Alison's Marginal Cost function. Explain what happens to Alison’s marginal cost as she increases the production of candy.
5.Does the relationship w/MPL = MC hold? Show this explicitly.
6.At what level of output does Alison’s average cost curve reach a minimum?
In: Economics
In: Economics
A small town gets its water supply from three nearby lakes, A, B, and C. Sometimes in the late summer
the water level in a lake falls below a certain critical level. When this occurs, there is a risk that the water
from that lake will become polluted with E-Coli. If the water supply to the town becomes polluted, the
residents are advised to boil their water. If only the water level at lake A falls below the critical level,
experience has shown that the residents will have a 5% chance of a boil water advisory. Similarly, if
only the water levels at lakes B or C fall below the critical level, chances of a boil water advisory are
4% and 7%, respectively. If two or more lakes fall below the critical levels simultaneously, the risk
of a boil water advisory rises to 40%. Lake A falls below the critical level in 30% of the summers,
while this number is 50% and 20% for lakes B and C, respectively. The probability that exactly two
lakes will fall below their critical levels simultaneously is 12%, and it is equally likely to be any two of
the three. Finally, there is a 3% chance that all three lakes will simultaneously fall below their critical
levels. During some summer in the future:
a) What is the probability that the residents will have a boil water advisory? (answer:0.0914)
b) If the residents have a boil water advisory, what is the probability that the water level will fall
below the critical level at lake B alone? (answer:0.1707)
c) If the residents have a boil water advisory, what is the probability that the water level will fall
below the critical levels at two or more lakes simultaneously? (answer:0.6565)
In: Advanced Math
Steven’s Stationery a well-known stationary store in town .The business maintains individual inventory records for each merchandise they are selling. The following information has been extracted from the records of Steven’s Stationery about one of its popular products. There are 50 units at the beginning of October costing $ 30 each. Date Purchase Date Sales October-09 100 units @ 28 October-11 100 units @ 50 October-17 70 units @ 27 October-15 20 units @ 50 October-25 80 units @ 26 October-29 110 units @ 50
Required:
a. Determine the cost of goods sold, ending inventory and gross profit for the month ended October, assume company opts FIFO as a cost flow assumption.
b. Assume Steve has an objective to save taxes, Keeping the price trends of purchases Do you think company has opted the right cost flow assumption? Why or why not.
c.Assume the value of ending inventory is mistakenly overstated by $ 500, how this error effects (over or understates) the following for the period
I.Cost of goods sold
II.Gross profit
d.Equity.Can we apply the idea of inventory shrinkage in this company? If yes record the inventory shrinkage assume a physical count indicates there are 80 units on hand on October 31.
In: Accounting
P7-2 (General Ledger Entries; Statements) The following transactions took place in the town of Burchette during 20X3: 1. A bond issue of $12,000,000 was authorized for the construction of a library, and the estimated bond issue proceeds and related appropriations were recorded in the General Ledger accounts of a new Capital Projects Fund. 2. The bonds were sold at a premium of $90,000. 3. The cost of issuing the bonds, $80,000, was paid. 4. An order was placed for materials estimated to cost $6,500,000. 5. Salaries and wages of $500,000 were paid. 6. The premium, net of bond issuance costs, was transferred to a Debt Service Fund. The following transactions took place during 20X4: 7. The materials were received; the actual cost was $6,585,000. 8. Salaries and wages of $4,010,000 were paid. 9. All outstanding bills were paid. 10. The project was completed. The accounts were closed, and the remaining balance was transferred to a Debt Service Fund. Required a.Prepare all journal entries (budgetary and actual), including closing entries, to record the Capital Projects Fund transactions for 20X3 and 20X4. b.Prepare a Capital Projects Fund balance sheet as of December 31, 20X3. c.Prepare a Capital Projects Fund Statement of Revenues, Expenditures, and Changes in Fund Balance for the project, including (1) the year ended December 31, 20X3, and (2) a separate budgetary combined comparison statement for the years ended December 31, 20X3 and 20X4. I don't understand what the closing entries should be.
In: Accounting
1.A town transfers cash of 60,000 from its general fund to a debt service fund. What does the town report in its government-wide financial statement?
a. No reporting is made
b. Other Financing Sources increase by $60,000; Other Financing Uses increase by $60,000.
c. Revenues increase by $60,000; Expenditures increase by $60,000.
d.Revenues increase by $60,000; Expenses increase by $60,000.
2.A country transfers cash of 60000 from its general fund to a debt service fund. What is report a country’s fund financial statements?
a. No reporting is made
b. Other Financing Sources increase by $60,000; Other Financing Uses increase by $60,000.
c. Revenues increase by $60,000; Expenditures increase by $60,000.
d.Revenues increase by $60,000; Expenses increase by $60,000.
3.A city transfers cash of $20,000 from its general fund to an enterprise fund to pay for work performed by the enterprise fund for the school system. How does the city report this transfer on its government-wide financial statements?
a. No reporting is made.
b. Other Financing Sources increase by $20,000. Other Financing Uses increase by $20,000.
c. Revenues increase by $20,000. Expenditures increase by $20,000.
d. Revenues increase by $20,000. Expenses increase by $20,000.
4.A city transfers cash of $20,000 from its general fund to an enterprise fund to pay for work performed by the enterprise fund for the school system. What is reported on the fund financial statements?
a. No reporting is made.
b. Other Financing Sources increase by $20,000. Other Financing Uses increase by $20,000.
c. Revenues increase by $20,000. Expenditures increase by $20,000.
d. Revenues increase by $20,000. Expenses increase by $20,000.
5.City government officials are analyzing a complicated financial transaction. A GASB Implementation Guide seems to provide one reporting answer and a GASB Concepts Statement seems to provide a different answer. What reporting is most appropriate?
a. The government can use either method and still be in conformity with GAAP.
b. Government officials should follow the guidance provided by the GASB Implementation Guide.
c. The city’s financial statements must be in conformity with the GASB Concepts Statement.
d. The city’s accountants should seek some type of compromise that takes both of these pronouncements into consideration.
6.Reynolds County has three large trucks with a total net book value of $600,000 and remaining lives of six years with no expected residual value. County officials lease the trucks to the City of Webster on January 1, 2020, for six years. Based on a negotiated annual implicit interest rate of 5 percent, the parties agree on annual payments of $112,581 beginning immediately and each January 1 thereafter. For both governments, the trucks relate to activities maintained with the General Fund.
A What is the total amount of expenditures that Webster report on its fund financial statements for the governmental funds for 2020?
B.What amount of depreciation expense will Reynolds report on government-wide financial statements for 2020?
C. What amount of deferred lease revenue will Reynolds report on its statement of net position as of December31,2020, assuming that country recognizes revenue on a straight-line method?
7. A statement of activities shows semblances in the labeled?
a. Current and women
b.Temporary and permanent
c.Without donor restrictions and with donor restrictions
d. Contributed funds and funds from exchange transactions
8.The Stanton Company conveys $23,000 in cash to a private not-for -profit entity. The money must be used for a designed purpose.This conveyance is viewed as a conditional contribution. Which of the following is recorded by the private not-for-profit entity
a. A liability
b. No journal entry is made.
c. Contributed revenue reported within net assets with donor restrictions.
d. Contributed revenue reported within net assets without donor restrictions.
9.A local private not-for-profit entity receives a large monetary pledge. Accountants are attempting to determine if the contribution is conditional. They are assessing the possible existence of a barrier that has to be overcome. Which of the following is not an indication of a barrier of this type?
a. Measurable performance related barrier
b. Stipulation limiting discretion by the recipient on the conduct of an activity
c. Requirement preventing the money from being spent until a specific date in the future
d. Stipulation that ties into the agreement
10. During the year ended December 31, 2020, Anderson Hospital (operated as a private not-for-profit entity) received and incurred the following:
Fair value of donated medicines . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 54,000
Fair value of donated services (replaced salaried employees) . . . . . . . . . . . . 38,000
Fair value of donated services (not replace salaried employees) . . . . . . 11,000
Regular charges to patients(not charity care) . . . . . . . . . . . . . . . . . . . . . . . . . 176,000
Charity care charges . . . . . . . .. . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 210,000
Provision for bad debts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 66,000
How should this private not-for-profit report each of these balances?
In: Accounting