1. In terms of the public health workforce, a major consideration in promoting the use of information technology is ________.

federal funding for technology

patient acceptance of technology

worker skills in informatics

health literacy of the consumer

2. A disabled woman, recently diagnosed with breast cancer, is unable to attend a local support group. What technological alternative can the nurse suggest to the patient?

use the Internet to request a visit from a nurse

order books on breast cancer from a website

search for information on the diagnosis

join an online consumer group on breast cancer

3. One of the roles for which the Center for Disease Control relies upon informatics is to ________.

predict the next important health-related breakthrough

sanction poorly performing health care providers

upgrade computer technology in public and private settings

provide instant access to public health data

4. A nurse in a free clinic suggests using the clinic's website as the exclusive method of providing patient teaching and scheduling appointments, freeing up staff time for patient care. How should the clinic manager respond to this suggestion?

ask the nurse to begin to develop online modules for patient use

have the nurse work with a group of volunteers to seek funding for this project

tell the nurse that the ability of patients to come without appointments is important to the clinic's image

explain that many clinic patients do not have the technology and this may limit access to care

5. The ability to personalize health information and health care may have the positive result of ________ for the consumer.

Group of answer choices

less need for physician intervention

more primary care service availability

a focus on prevention of illness

less use of medications to treat problems

What does the “write-down” mean?

What journal entry would Abercrombie & Fitch have made to write down its merchandise inventory during the year ended January 30, 2016?

What impact would the write-down of inventory have had on Abercrombie’s assets? Liabilities? Equity?

What impact would the write-down of inventory have had on Abercrombie’s expenses? Gross margin? Net income?

What impact, if any, would the write-down of inventory have had on Abercrombie’s current ratio?

From an investor standpoint, do you think that the effect of the inventory write-down should be considered when evaluating Abercrombie & Fitch? Explain.

$6,000

$7,000

$0

None of the other answers is correct

$4,500

a. The Australian dollar against the US dollar (and against other major currencies) has appreciated in recent months (mid-March 2020 to early June 2020). Identify the underlying drivers and the implications of this rising exchange rate in Australia.

WACC

Assume it is January 1, 2020.  Zelus Sport Shoe Company has three debt issues outstanding.

6.5% Notes December 31, 2028 ($200 million face value) Market price $980.05.

7.0% Bonds, maturing December 31, 2030 ($100 million face value) Market price $984.98.

7.5% Bonds, maturing December 31, 2036 ($200 million face value) Market price $1,029.15.

All bonds have a $1,000 face value and pay interest semi-annually.

Use a 5.0% risk-free rate and a 7.0% market risk premium to compute Zelus’s cost of equity.  The table shows the weekly closing prices for Zelus and the S&P 500 Index.  Last week Zelus’s stock closed at $99.75 per share.  There are 16 million shares of common stock outstanding.

The company also has 8 million shares of preferred stock outstanding.  The preferred stock pays an annual $5.00 dividend and current sells for $50 per share.  The tax rate is 30%.

Assume you are doing the WACC calculation on January 1, 2020, and that the semi-annual interest payments of the notes and bonds were paid on December 31, 2019.  Show your beta and the costs and weights of all of the WACC components in the table provided.  Show costs to 3 decimal places.

Beta (3 decimal places) = __________

Waterways Corporation is preparing its budget for the coming year, 2020. The first step is to plan for the first quarter of that coming year. The company has gathered information from its managers in preparation of the budgeting process. Sales Unit sales for November 2019 111,000 Unit sales for December 2019 103,000 Expected unit sales for January 2020 114,000 Expected unit sales for February 2020 114,000 Expected unit sales for March 2020 116,000 Expected unit sales for April 2020 127,000 Expected unit sales for May 2020 139,000 Unit selling price $12 Waterways likes to keep 10% of the next month’s unit sales in ending inventory. All sales are on account. 85% of the Accounts Receivable are collected in the month of sale, and 15% of the Accounts Receivable are collected in the month after sale. Accounts receivable on December 31, 2019, totaled $185,400. Direct Materials Direct materials cost 80 cents per pound. Two pounds of direct materials are required to produce each unit. Waterways likes to keep 5% of the materials needed for the next month in its ending inventory. Raw Materials on December 31, 2019, totaled 11,400 pounds. Payment for materials is made within 15 days. 50% is paid in the month of purchase, and 50% is paid in the month after purchase. Accounts Payable on December 31, 2019, totaled $104,595. Direct Labor Labor requires 12 minutes per unit for completion and is paid at a rate of $9 per hour. Manufacturing Overhead Indirect materials 30¢ per labor hour Indirect labor 50¢ per labor hour Utilities 50¢ per labor hour Maintenance 30¢ per labor hour Salaries $41,000 per month Depreciation $18,100 per month Property taxes $2,500 per month Insurance $1,200 per month Maintenance $1,200 per month Selling and Administrative Variable selling and administrative cost per unit is $1.50. Advertising $15,000 a month Insurance $1,500 a month Salaries $71,000 a month Depreciation $2,500 a month Other fixed costs $2,900 a month Other Information The Cash balance on December 31, 2019, totaled $98,000, but management has decided it would like to maintain a cash balance of at least $700,000 beginning on January 31, 2020. Dividends are paid each month at the rate of $2.70 per share for 4,740 shares outstanding. The company has an open line of credit with Romney’s Bank. The terms of the agreement requires borrowing to be in $1,000 increments at 9% interest. Waterways borrows on the first day of the month and repays on the last day of the month. A $530,000 equipment purchase is planned for February.

For the first quarter of 2020, prepare a sales budget.

For the first quarter of 2020, prepare a production budget.

For the first quarter of 2020, prepare a direct materials budget. (Round cost per pound to 2 decimal places, e.g. 0.25 and all other answers to 0 decimal places, e.g. 2,520.)

For the first quarter of 2020, prepare a direct labor budget. (Round time per unit to nearest hour, e.g. 30 minutes will be rounded to 0.5 hours)

For the first quarter of 2020, prepare a manufacturing overhead budget. (Round overhead rate to 2 decimal places, e.g. 5.25 and all other answers to 0 decimal places, e.g. 2,520. List Variable Costs first.)

For the first quarter of 2020, prepare a selling and administrative budget. (Enter per unit expenses rounded to 2 decimal places. E.g. 1.25)

For the first quarter of 2020, prepare a schedule for expected cash collections from customers.

For the first quarter of 2020, prepare a schedule for expected payments for materials purchases. (Round answers to 0 decimal places, e.g. 2,520.)

For the first quarter of 2020, prepare a cash budget. (Round answers to 0 decimal places, e.g. 2,520.)

The switch in the figure below is open for t < 0 and is then thrown closed at time t = 0.

(a) Find the current in the inductor. (Use the following as necessary: L, R, t, and for .)
I_L =

(b) Find the current in the switch as functions of time thereafter. (Use the following as necessary: L, R, t, and for .)
I_switch =