At the beginning of the year Donald opens a margin account and purchases 500 shares of FIN Corp at $40. Donald borrows $5000 from his broker at an annual interest rate of 10% to fund the purchase.
a) What is the initial margin?
b) What would be the margin if the price of FIN Corp fell to $30 at the end of the year?
c) What is the annual return that Donald would make from his investment if the price of FIN Corp fell to $30 at the end of the year?
d) What is the annual return that Donald would make from his investment if the price of FIN Corp rose to $50 at the end of the year?
e) Discuss the implications of margin trading for the risk of Donald’s portfolio.
f) What is the stock price of FIN Corp that would lead to Donald receiving a margin call? Assume that the price decline happens immediately. A margin of 30% will lead to a margin call.

Lisa and Page are equal partners in the Law Lady Partnership, and they are calendar year taxpayers. The partnership incurred the following items during the year:

a) Compute the partnership’s ordinary income and separately stated items. Show Lisa and Page’s share of each of the items.

b) What are the partner’s ending bases in their partnership interests? Assume beginning balances are $130,000 each.

An 8-year male is brought to the Emergency Department for a temperature of 105 F and extreme lethargy. The child complains of a sore throat, severe headache, and severe body aches. The parents state the child went to bed in a healthy condition but woke during the night with a temperature of 102. The child has no other significant medical history. The parents do not believe in vaccinations and home school their children. They have one other child at home who has asthma. The patient is diagnosed with influenza and the plan is to admit to the pediatric intensive care unit. The nurse returns to the patient to prepare for transfer to PICU and hears the UAP telling the parents they are smart not to vaccinate their children because it caused his son to have autism.

Craft an initial post that addresses:

1. What ethical dilemma does the nurse face and what interventions should the nurse take to address the issue(s)?  
2. Provide a detailed education plan for the rationale for vaccinations and the management of influenza.

In a study of police gunfire reports during a recent year, it was found that among 540 shots fired by New York City police, 182 hit their targets; and among 283 shots fired by Los Angeles police, 77 hit their targets. We want to use a 0.05 significance level to test the claim that New York City police and Los Angeles police have the same proportion of hits.

1. Test the claim using a hypothesis test.
2. Test the claim constructing an appropriate confidence interval.
3. What are the null and alternative hypotheses?
4. What is the value of α= significance level?
5. Is the test two-tailed, left-tailed or right-tailed?
6. What is the test statistic and what is its distribution?
7. What is the value of the test statistic?
8. What is the P-value?
9. What is (are) the critical value(s)?
10. How would you state a conclusion that addresses the original claim?

1a) What is the discounted free cash in year 5 of a project that has an annual free cash of ~100 million and a discount rate of 20%? Number answer is fine with suitable significant figures.

b) If the capital cost of the project is expected to be 1 billion dollars with a construction schedule of 2 years do you expect this project above (100 million non discounted free cash per year) to be economic at a 20% discount rate. 2/3 sentences

c) What does the 20% discount rate suggest about the project risk? 2/3 sentences

You are considering a project that needs $50,000 investment to start. This is a 5 year project and you are expecting that the project generates annual cash flows after taxes of $10,000, $50,000, $90,000, $20,000 and -$30,000 respectively. What is the EAA of this project if the required rate of return is 8%? Round to the penny. Do not include the dollar sign. If there are multiple answers, then type NA.

what is the duration of a three year treasury note with the coupan rate of 3 percent if the note is selling for par? what is its current yield to maturity is 10 percent? (assume only one payment per year. Treat the security as having a per value $100.) whats the duration of three year zero coupan security at an interest rate of 3 percent? an interest rate of 10 percent

As part of a pathophysiology lecture in a fourth year course, you are informed that two different types of G-protein coupled receptors are expressed on a human organ system. The activation of receptor-1 (R-1) causes an elevation in cyclic adenosine monophosphate (cAMP) levels in the cells. While the activation of receptor-2 (R-2) causes an inhibition in the rise of cAMP levels in the same cells.

Q1. Which G-protein alpha subunit is most likely associated with R-1 and R-2? 2 points R-1 = Q2.

You are further informed that activation of R-1 causes relaxation of smooth muscles in the organ expressing these receptors.

What do you think could be the possible effect of R-2 activation? 1 point

Q3. If the pathophysiology (clinical problem) in patients is excessive muscle contraction and constriction of the tissue, how can you target these two receptors to correct the underlying disorder? Note: Think in terms of agonist/antagonist for receptors R-1 and R-2. 2 points

Suppose that you can borrow or lend for one year at 4% in the U.S. in $US and you can borrow or lend in Germany in euros at 2%. Assume there is no risk of default. You see in the newspaper that the spot exchange rate is $1 = .9 euros and the one-year forward exchange rate is $1 = .85 euros. Are there riskless profits to be made? What transactions would you undertake to make such profits? If everyone made such transactions what would happened to interest rates and the spot and forward exchange rates? Give one possible set of values for the interest rates and exchange rates for which there would be no riskless profits.

Closing the Balances in The Variance Accounts at the End of the Year

Yohan Company has the following balances in its direct materials and direct labor variance accounts at year-end:

Unadjusted Cost of Goods Sold equals $1,520,000, unadjusted Work in Process equals $326,000, and unadjusted Finished Goods equals $180,000.

Required:

1. Assume that the ending balances in the variance accounts are immaterial and prepare the journal entries to close them to Cost of Goods Sold. Note: Close the variances with a debit balance first. If an amount box does not require an entry, leave it blank or enter "0".

What is the adjusted balance in Cost of Goods Sold after closing out the variances?

2. What if any ending balance in a variance account that exceeds $10,000 is considered material? (a) Close the immaterial variance accounts to Cost of Goods Sold. (b) Prorate the largest of the labor variances among Cost of Goods Sold, Work in Process, and Finished Goods on the basis of prime costs in these accounts. (c) Prorate the largest of the material variances among Cost of Goods Sold, Work in Process, and Finished Goods on the basis of prime costs in these accounts. The prime cost in Cost of Goods Sold is $1,050,000, the prime cost in Work in Process is $166,000, and the prime cost in Finished Goods is $134,000. If an amount box does not require an entry, leave it blank or enter "0".

Note: Round all interim calculations to three decimal places, and round your final answers to the nearest dollar. Adjust credit entry for rounding to ensure debits equal credits in journal entry.