Last year, Thea and Rory Brown bought a home with a dwelling replacement value of $200,000 and insured it (via an HO-5 policy) for $166,000. The policy reimburses for actual cash value and has a $250 deductible, standard limits for coverage C items, and no scheduled property. Recently, burglars broke into the house and stole a 2-year-old television set with a current replacement value of $900 and an estimated useful life of 8 years. They also took jewelry valued at $2,100 and silver flatware valued at $4,200.

a. If the Browns’ policy has an 80% co-insurance clause, do they have enough insurance?

b. Assuming a 50% coverage C limit, calculate how much the Brown family would receive if they filed a claim for the stolen items. Do not round intermediate calculations. Round the answer to two decimal places.

c. What advice would you give the Brown family about their homeowner's coverage?

Consider a market with a demand curve given (in inverse form) by P(Q)=50−0.25QP(Q)=50−0.25Q, where QQ is total market output and PP is the price of the good. Two firms compete in this market by sequentially choosing quantities q1q1 and q2q2 (where q1+q2=Qq1+q2=Q).

This is an example of:

Choose one:

A. Cournot competition.

B. Bertrand competition.

C. perfect competition.

D. Stackelberg competition.

Part 2(4 pts)

Now suppose the cost of production is constant at $20.00 per unit (and is the same for both firms). If the two firms are maximizing profit, the leader will produce_________ units and the follower will produce ______ units. The total amount of production will be _______ units and the price of the good will be ________ $ . (Give all numerical answers to two decimal places.)

Palencia Paints Corporation has a target capital structure of 30% debt and 70% common equity, with no preferred stock. Its before-tax cost of debt is 13%, and its marginal tax rate is 40%. The current stock price is P₀ = $31.50. The last dividend was D₀ = $2.25, and it is expected to grow at a 5% constant rate. What is its cost of common equity and its WACC? Round your answers to two decimal places. Do not round your intermediate calculations.

1. r_s =  %
2. 
   
3. WACC =  %

Palencia Paints Corporation has a target capital structure of 35% debt and 65% common equity, with no preferred stock. Its before-tax cost of debt is 9%, and its marginal tax rate is 40%. The current stock price is P₀ = $21.50. The last dividend was D₀ = $2.00, and it is expected to grow at a 6% constant rate. What is its cost of common equity and its WACC? Round your answers to two decimal places. Do not round your intermediate calculations.

1. r_s = _______ %
2. WACC = ________ %

Vaviano Ltd expects to sell 34,000 units of finished goods over the next 6-month period. The company has 10,000 units on hand and its managers want to have 14,000 units on hand at the end of the period. To produce one unit of finished product, two units of direct materials are needed. Vaviano has 100,000 units of direct material on hand and has budgeted for an ending inventory of 110,000 units.

What is the amount of direct material to be purchased (in units)?

Select one:

a. 38,000

b. none of these

c. 66,000

d. 86,000

e. 76,000

Super Solar Systems has forecast the following unit sales and production for the next year, by quarter.

Super Solar has the following beginning inventories.

A finished unit requires one kilogram of material A and two square metres of material B. There should be enough material on hand at the end of each quarter to meet 20% of the next quarter’s production needs. There are no work-in-process inventories.

What is the ending inventory for material A for quarter 2?

Select one:

a. 14 kilograms

b. none of these

c. 80 kilograms

d. 78 kilograms

e. 70 kilograms

Limelite Ltd, a retail store, projects sales for its first three months of operation as follows.

Inventory on 1 January is $40,000. Subsequent beginning inventories should be 40% of that month’s cost of goods sold. Goods are priced at 140% of their cost.

50% of purchases are paid for in the month of purchase; the balance is paid in the following month.

It is expected that 50% of credit sales will be collected in the month following sale, 30% in the second month following the sale and the balance the third month. A 5% discount is given if payment is received in the month following sale.

What are the anticipated cash receipts for February?

Select one:

a. $107,500

b. $238,000

c. $121,250

d. $71,250

e. None of these

Same project as in Q3 from last lecture: Outflows of $100,000 today, $100,000 in one year, and $50,000 in two years. Annual inflows of $50,000 for 10 years starting three years from today (end of year 3). What is this project's IRR? Answer in percent, rounded to two decimal places. ​[Hint: "Draw" the timeline on Excel as shown in the video and the textbook. Then use the IRR function. Make sure you increase decimal places.]

P.W. Is a 40-year old disabled man who recently lost his wife to metastatic breast cancer. His brother has taken him into his home. P.W. has a 22-year history of insulin-dependent diabetes mellitus (Type-1). Until recently, he has taken responsibility for the management of his disease and has been actively involved in the local chapter of the American Diabetic Association. PMH includes 2 amputated toes on his R foot, retinopathy and visual impairment in both eyes, and angina on exertion from coronary artery disease that severely restricts his activity. Since he began treatment with an Ace-inhibitor 2 years ago, his blood pressure has gone from 182/128 to 126/78 mm Hg. Currently, he is 71” tall and weighs 135 lb. P.W.’s sister-in-law, who is an LPN says P.W. has lost about 12 lbs in the past 3 weeks. Over the past few years, P.W. has been administering a multidose (3 injections) regimen of regular Humulin insulin to himself before meals and at night. Recently his BG levels have been increasingly inconsistent and labile, and he has been labeled “noncompliant.” It is Monday. You are the home care nurse assigned to visit P.W. 3 times per week for teaching and evaluation. P.W.’s brother and sister-in-law express concern that P.W. seems to be indifferent about his nutritional and pharmacologic regimens. As you start to review the above measures with P.W., you notice he already seems aware of what he should do to control his blood glucose. You are concerned that he seems too distracted and drifts off in the middle of a discussion; his affect also appears flat. You ask P.W if he has been taking all his medications. He says “yes” but adds that he discovers “extra” blood pressure pills left over at the end of each week. He seems to be confused about the reason for the “leftover” pills. You decide to do a glucose stick. He registers 348 mg/dl. P.W.’s provider says she wants to hospitalize him for evaluation and stabilization; this also would give the opportunity for a psychiatric consult. P.W. says he refuses to go to “that hospital where my wife died.” In discussion with P.W. and the physician, it is decided that you will check his progress daily; someone from the home care agency will call q8h for a progress report on his progress daily. P.W.’s sister-in-law agrees to monitor his BG and vital signs and see that he takes all his medications. If P.W.’s condition does not improve or becomes worse, he must enter the hospital for treatment. The provider is concerned that P.E. may be depressed and starts him on Sertraline 50 mg qd to be taken with his bedtime snack. The next day, during your midafternoon visit to P.W.’s home, he tells you he has a headache and is feeling “fidgety” His pulse is 124, his gait is unsteady, speech is slightly slurred, and blood glucose is 48 mg/dl.

P.W.’s sister-in-law informs you that his blood glucose is too high for the machine to read. You tell her to dial 911 immediately; advise her to tell them P.W. is diabetic and his blood glucose is over 400 mg/dl

PLEASE ANSWER THIS QUESTION:

1) What can the ED nurse do to prepare for P.W.’s arrival?

2) The nurse does a quick assessment upon arrival. Outline essential components of an abbreviated assessment specific for this situation

3) Laboratory tests reveal the following: Na 135 mEq/L, Cl 92 mEq/L, BUN 38 mg/dl, glucose 682, WBC 15.7 mm3, HCT 53%, pH 7.30, PaCO2 36, HCO3 18 mEq/L. Interpret the lab values in relation to the situation.

P.W. Is a 40-year old disabled man who recently lost his wife to metastatic breast cancer. His brother has taken him into his home. P.W. has a 22-year history of insulin-dependent diabetes mellitus (Type-1). Until recently, he has taken responsibility for the management of his disease and has been actively involved in the local chapter of the American Diabetic Association. PMH includes 2 amputated toes on his R foot, retinopathy and visual impairment in both eyes, and angina on exertion from coronary artery disease that severely restricts his activity. Since he began treatment with an Ace-inhibitor 2 years ago, his blood pressure has gone from 182/128 to 126/78 mm Hg. Currently, he is 71” tall and weighs 135 lb. P.W.’s sister-in-law, who is an LPN says P.W. has lost about 12 lbs in the past 3 weeks. Over the past few years, P.W. has been administering a multidose (3 injections) regimen of regular Humulin insulin to himself before meals and at night. Recently his BG levels have been increasingly inconsistent and labile, and he has been labeled “noncompliant.” It is Monday. You are the home care nurse assigned to visit P.W. 3 times per week for teaching and evaluation. P.W.’s brother and sister-in-law express concern that P.W. seems to be indifferent about his nutritional and pharmacologic regimens. As you start to review the above measures with P.W., you notice he already seems aware of what he should do to control his blood glucose. You are concerned that he seems too distracted and drifts off in the middle of a discussion; his affect also appears flat. You ask P.W if he has been taking all his medications. He says “yes” but adds that he discovers “extra” blood pressure pills left over at the end of each week. He seems to be confused about the reason for the “leftover” pills. You decide to do a glucose stick. He registers 348 mg/dl. P.W.’s provider says she wants to hospitalize him for evaluation and stabilization; this also would give the opportunity for a psychiatric consult. P.W. says he refuses to go to “that hospital where my wife died.” In discussion with P.W. and the physician, it is decided that you will check his progress daily; someone from the home care agency will call q8h for a progress report on his progress daily. P.W.’s sister-in-law agrees to monitor his BG and vital signs and see that he takes all his medications. If P.W.’s condition does not improve or becomes worse, he must enter the hospital for treatment. The provider is concerned that P.E. may be depressed and starts him on Sertraline 50 mg qd to be taken with his bedtime snack. The next day, during your midafternoon visit to P.W.’s home, he tells you he has a headache and is feeling “fidgety” His pulse is 124, his gait is unsteady, speech is slightly slurred, and blood glucose is 48 mg/dl.

PLEASE ANSWER THIS QUESTION:

1) If P.W. were to become unconscious during a hypoglycemic episode, how would you revise nursing management of his condition in this setting?

2) P.W.’s sister-in-law phones you on Sunday morning stating that P.W. is “very sick”. What questions would you ask her to help you decide the best course of action?

3) Under what circumstances is P.W. likely to experience diabetic ketoacidosis?

Please type the answer, thanks.

P.W. Is a 40-year old disabled man who recently lost his wife to metastatic breast cancer. His brother has taken him into his home. P.W. has a 22-year history of insulin-dependent diabetes mellitus (Type-1). Until recently, he has taken responsibility for the management of his disease and has been actively involved in the local chapter of the American Diabetic Association. PMH includes 2 amputated toes on his R foot, retinopathy and visual impairment in both eyes, and angina on exertion from coronary artery disease that severely restricts his activity. Since he began treatment with an Ace-inhibitor 2 years ago, his blood pressure has gone from 182/128 to 126/78 mm Hg. Currently, he is 71” tall and weighs 135 lb. P.W.’s sister-in-law, who is an LPN says P.W. has lost about 12 lbs in the past 3 weeks. Over the past few years, P.W. has been administering a multidose (3 injections) regimen of regular Humulin insulin to himself before meals and at night. Recently his BG levels have been increasingly inconsistent and labile, and he has been labeled “noncompliant.” It is Monday. You are the home care nurse assigned to visit P.W. 3 times per week for teaching and evaluation. P.W.’s brother and sister-in-law express concern that P.W. seems to be indifferent about his nutritional and pharmacologic regimens.

1. List the measures you normally would address in teaching for both hypoglycemia and hyperglycemia (6 each).

· Hyperglycemia

· Hypoglycemia