Carlo and Anita make mailboxes and toys in their craft shop near Lincoln. Each mailbox requires 1 hour of work from Carlo and 2 hours from Anita. Each toy requires

1 hour of work from Carlo and 1 hour from Anita. Carlo cannot work more than 5 hours per week and Anita cannot work more than 8 hours per week. If each mailbox sells for $8 and each toy sells for $12?, then how many of each should they make to maximize their? revenue? What is their maximum? revenue?

Carlo and Anita should make _mailboxes and _toys. Their maximum revenue is _?$.

Case Study: Global Healthcare Public Policy Imagine that in the near future, the global community has been wracked by successive crises including economic upheaval, severe food and water shortages, and attacks on human dignity. In response, nationwide grassroots movements of young people have elected members of congress and parliament who support restoring leadership throughout the world in the areas of health, freedom, and human rights. Groundswells invoking liberty and justice are sweeping Europe, Africa, South America, Oceania, and the United States. Prompted by this worldwide atmosphere of new hope, the United Nations is convening a World Congress of Present and Future Human Flourishing. Conference sessions will focus on the right to healthcare, health disparities/health inequities, emerging infectious diseases, food and water security, and mechanisms for global environmental and climate governance.

Ethical Analysis

1. Discuss the role of the principles of biomedical ethics in helping to establish a robust global healthcare community capable of providing services to all those in need.

2.Analyze the persistence of global undernutrition and poverty from the perspective of the biomedical ethical principles of autonomy and justice. Describe two global public policy solutions to meaningfully influence these social determinants of health.

3. Analyze the importance of helping to ensure optimal maternal and newborn health from the perspective of the biomedical ethical principles of autonomy and justice. Describe two global public policy solutions to meaningfully impact these social determinants of health.

Wally’s Widget Company (WWC) incorporated near the end of 2011. Operations began in January of 2012. WWC prepares adjusting entries and financial statements at the end of each month. Balances in the accounts at the end of January are as follows: Cash $ 20,270 Unearned Revenue (30 units) $ 4,900 Accounts Receivable $ 11,300 Accounts Payable (Jan Rent) $ 2,400 Allowance for Doubtful Accounts $ (1,450) Notes Payable $ 15,500 Inventory (35 units) $ 3,150 Contributed Capital $ 6,100 Retained Earnings – Feb 1, 2012 $ 4,370 • WWC establishes a policy that it will sell inventory at $160 per unit. • In January, WWC received a $4,900 advance for 30 units, as reflected in Unearned Revenue. • WWC’s February 1 inventory balance consisted of 35 units at a total cost of $3,150. • WWC’s note payable accrues interest at a 12% annual rate. • WWC will use the FIFO inventory method and record COGS on a perpetual basis. February Transactions 02/01 Included in WWC’s February 1 Accounts Receivable balance is a $1,700 account due from Kit Kat, a WWC customer. Kit Kat is having cash flow problems and cannot pay its balance at this time. WWC arranges with Kit Kat to convert the $1,700 balance to a note, and Kit Kat signs a 6-month note, at 9% annual interest. The principal and all interest will be due and payable to WWC on August 1, 2012. 02/02 WWC paid a $600 insurance premium covering the month of February. The amount paid is recorded directly as an expense. 02/05 An additional 150 units of inventory are purchased on account by WWC for $11,250 – terms 2/15, n30. 02/05 WWC paid Federal Express $300 to have the 150 units of inventory delivered overnight. Delivery occurred on 02/06. 02/10 Sales of 120 units of inventory occurred during the period of 02/07 – 02/10. The sales terms are 2/10, net 30. 02/15 The 30 units that were paid for in advance and recorded in January are delivered to the customer. 02/15 15 units of the inventory that had been sold on 2/10 are returned to WWC. The units are not damaged and can be resold. Therefore, they are returned to inventory. Assume the units returned are from the 2/05 purchase. 02/16 WWC pays the first 2 weeks wages to the employees. The total paid is $1,900. 02/17 Paid in full the amount owed for the 2/05 purchase of inventory. WWC records purchase discounts in the current period rather than as a reduction of inventory costs. 02/18 Wrote off a customer’s account in the amount of $1,550. 02/19 $4,800 of rent for January and February was paid. Because all of the rent will soon expire, the February portion of the payment is charged directly to expense. 02/19 Collected $9,100 of customers’ Accounts Receivable. Of the $9,100, the discount was taken by customers on $6,000 of account balances; therefore WWC received less than $9,100. 02/26 WWC recovered $510 cash from the customer whose account had previously been written off (see 02/18). 02/27 A $500 utility bill for February arrived. It is due on March 15 and will be paid then. 02/28 WWC declared and paid a $550 cash dividend. Adjusting Entries: 02/29 Record the $1,900 employee salary that is owed but will be paid March 1. 02/29 WWC decides to use the aging method to estimate uncollectible accounts. WWC determines 8% of the ending balance is the appropriate end of February estimate of uncollectible accounts. 02/29 Record February interest expense accrued on the note payable. 02/29 Record one month’s interest earned Kit Kat’s note (see 02/01).

WWC decides to use the aging method to estimate uncollectible accounts. WWC determines 8% of the ending balance is the appropriate end of February estimate of uncollectible accounts.

A penguin has decided to jump between two small icebergs floating in the ocean near Antarctica. You may neglect water resistance and treat the motion of the icebergs relative to the water as frictionless. At the beginning of the problem all are at rest with respect to each other. The penguin runs and jumps off the first iceberg and land on the second, where it comes to rest relative to the second iceberg. The mass of the penguin is mp. The two icebergs each have a mass of mice. The penguin jumps with a speed of vp at an angle γp.Find the final relative speed of the two icebergs.

Calves becomes mature after six months.

On 28 February 2023, 500 calves were born.

On 30 May 2023, 900 mature cattle were sold.

Fair value per baby cattle (calf) per unit
2022- $26
2023-$30

Fair value per mature cattle per unit
2022-$36
2023-$40

Costs to sell or acquisition cost

Auctioneer’s fee
2022-$1.5
2023-2.0

New born calves on 28 February 2023

Sale of mature cattle on 30 May 2023

The fair value change of the calves and the mature cattle as at 30 June 2023

that is all the data

Additional Information you need to know about WWC:

Below are transactions for February 2018:

1. Prepare all February journal entries and adjusting entries

The following inventory transactions took place near December 31, 2019, the end of the Dixon Company’s fiscal year-end:

1. On December 27, 2019, merchandise costing $2,000 was shipped to the Myers Company on consignment. The shipment arrived at Myers’s location on December 29, but none of the merchandise was sold by the end of the year. The merchandise was included in the 2019 ending inventory.
2. On January 5, 2020, merchandise costing $8,000 was received from a supplier and recorded as a purchase on that date and not included in the 2019 ending inventory. The invoice revealed that the shipment was made f.o.b. destination on December 28, 2019.
3. On December 29, 2019, the company shipped merchandise costing $12,000 to a customer f.o.b. destination. The goods, which arrived at the customer’s location on January 4, 2020, were included in Dixon’s 2019 ending inventory. The sale was recorded in 2020.
4. Merchandise costing $4,000 was received on December 28, 2019, on consignment from the Haskins Company. A purchase was recorded and the merchandise was included in 2019 ending inventory.
5. Merchandise costing $6,000 was received and recorded as a purchase on January 8, 2020. The invoice revealed that the merchandise was shipped from the supplier on December 28, 2019, f.o.b. shipping point. The merchandise was not included in 2019 ending inventory.

Which of the five situations above was accounted for correctly by Dixon Company?

Until recently, state law left the Vermont Alcohol and Tobacco Company (“VAT”) with a near-monopoly on sales of these items in Vermont. (Mail order is prohibited.) The legislation has just been repealed, and soon competing retailers will be opening up stores in Vermont. As the CFO, you are deciding whether this should affect VAT’s target leverage ratio (currently 50%). If you want to improve shareholder value, you should

Group of answer choices

A. Raise the ratio. The repeal means that your firm needs to become more competitive, and higher debt payments will force management to run a tighter operation.

B. Raise the ratio. Your inventories make good collateral, and using a debt issue to fund a share repurchase will give shareholders a much-needed boost in stock price.

C. Lower the ratio. The repeal opens up all sorts of growth opportunities for your company, and debt payments would interfere with your ability to pursue these.

D. Lower the ratio. More competition means lower margins, increasing the chance that your firm will miss interest payments and enter financial distress.

Kilgore’s Deli is a small delicatessen located near a major university. Kilgore’s does a large walk-in carry-out lunch business. The deli offers two luncheon chili specials, Wimpy and Dial 911. At the beginning of the day, Kilgore needs to decide how much of each special to make (he always sells out of whatever he makes). The profit on one serving of Wimpy is $0.41, on one serving of Dial 911, $0.54. Each serving of Wimpy requires 0.21 pound of beef, 0.21 cup of onions, and 5 ounces of Kilgore’s special sauce. Each serving of Dial 911 requires 0.21 pound of beef, 0.36 cup of onions, 2 ounces of Kilgore’s special sauce, and 5 ounces of hot sauce. Today, Kilgore has 16 pounds of beef, 11 cups of onions, 85 ounces of Kilgore’s special sauce, and 56 ounces of hot sauce on hand.

1. Develop a linear programming model that will tell Kilgore how many servings of Wimpy and Dial 911 to make in order to maximize his profit today. If required, round your answers to two decimal places. For subtractive or negative numbers use a minus sign even if there is a + sign before the blank. (Example: -300)
   

   Let	W = number of servings of Wimpy to make
   	D = number of servings of Dial 911 to make

   Max	W	+	D
   s.t.
   	W	+	D			(Beef)
   	W	+	D			(Onions)
   	W	+	D			(Special Sauce)
   	W	+	D			(Hot Sauce)
   			W, D	≥	0

2. Find an optimal solution. If required, round your answers to two decimal places.
   
   W = , D = , Profit = $  
   
3. What is the shadow price for special sauce? If required, round your answers to two decimal places.
   
   $  
   
   Interpret the shadow price.
   
   The input in the box below will not be graded, but may be reviewed and considered by your instructor.
   
   
   
4. Increase the amount of special sauce available by 1 ounce and re-solve. If required, round your answers to two decimal places.
   
   W = , D = , Profit = $  
   
   Does the solution confirm the answer to part (c)?