Decide which formula to use and than solve

A. Sara borrows $1200 at 8 % simple interest. If the loan is for 5 months, what is the total amount he pays back (This is sometimes called the maturity value)?

B.Sara later decides to deposit $9000 at 7.5% per year compounded annually, and would like to know how much she will have after 10 years.

C. Sara's husband wants to invest $1000 at the end of each quarter at 9% compounded quarterly, and would like to know (1) how much will he have after 10 years? (2) How much interest will he earn after 10 years?

D. Sara is considering depositing $600 at the end of each semi-annual period, for 5 years earning interest of 8%. She would like to know how large a one-time lump sum deposit she could make, at the same rate, to have the same amount of money after 5 years.

Case 5: Tim bought a house for $500,000 in 2005 in California. When his daughter Mary got married in August 2010, he gave the house to Mary as a wedding gift. The fair market value of the house was $400,000. Mary and her husband Jerry have lived in the house since then.

1. How much is the taxable gift?

2. If later Mary wants to divorce Jerry, they will split the house value 50/50. (True or False)If Mary and Jerry sell the house for $550,000 in April 2011:

3. What is the amount of capital gain (or capital loss)? Is the capital gain/loss long term or short term?If Mary and Jerry sell the house for $450,000 in April 2011:

4. What is the amount of capital gain (or capital loss)? Is the capital gain/loss long term or short term?If Mary and Jerry sell the house for $350,000 in April 2011:

5. What is the amount of capital gain (or capital loss)? Is the capital gain/loss long term or short term?

You are performing an initial health history of a 58-year-old Hispanic male who is a new patient at the clinic. His wife is with him in the examination room. He has a persistent cough and this morning noticed that he had specks of blood when he coughed. He says he has always had a bit of a cough, but it seemed to get worse about a year ago, but he never really worried about it, because he thought it was just bronchitis-like he had a couple of years ago. He is a long-time smoker since he was 16 years of age and smokes a little less than two packs of cigarettes per day. His wife states that he seems to be getting thinner and he is definitely more short of breath while playing baseball with the grandchildren. His wife is very concerned that her husband has developed lung cancer.

How might this patient have developed lung cancer?

Sam Forbes and Jenny Hewes are senior vice-presidents of the First Creek Investment Council . They are co-directors of the company's pension fund management division, with Sam having responsibility for fixed income securities (primarily bonds) and Jneey being responsible for equity investments. A major new client has requested that council present an investment seminar to Executive Committee, and Forbes and Hewes, who will make the actual presentation, have asked you, a recent UCW graduate to help them.                                                                                                       

to illustrate the common stock valuation process, Sam and Jenny have asked you to analyze the Temp Force Company, an employment agency that supplies word processor operators and computer programmers to businesses with temporarily heavy workloads. You are to answer the following questions.                                                                                                          

a. Describe briefly the legal rights and privileges of common stockholders.                                                                                                                                                                           

b. Assume that Temp Force is a constant growth company whose last dividend (Do, which was paid yesterday) was $2.00, and whose dividend is expected to grow indefinitely at a 5 percent rate.                                                                                   

   (1.) What is the firm’s expected dividend stream over the next 3 years?                                                                                                                  

   (2.) What is the firm’s current stock price?                                                                                                            

   (3.) What is the stock's expected value 1 year from now?                                                                                                              

   (4.) What are the expected dividend yield, the capital gains yield, and the total return during the first year?                                                                                                                

c. Now assume that the stock is currently selling at $43.75. What is the expected rate of return on the stock? (                                                                                        

f. What would the stock price be if its dividends were expected to have zero growth?                                                                                                        

g. Now assume that Temp Force is expected to experience supernormal growth of 30 percent for the next 3 years, then to return to its long-run constant growth rate of 5 percent. What is the stock's value under these conditions? What is its expected dividend yield and capital gains yield in Year 1? In Year 4? (                                                                                                           

h. Is the stock price based more on long-term or short-term expectations? Answer this by finding the percentage of Temp Force current stock price based on dividends expected more than 3 years in the future.                                                                                          

i. Suppose Temp Force is expected to experience zero growth during the first 3 years and then to resume its steady-state growth of 5% in the fourth year. What is the stock's value now? What is its expected dividend yield and its capital gains yield in Year 1? In Year 4?                                              

j. Finally, assume that Temp Force’s earnings and dividends are expected to decline by a constant 6 percent per year, that is, g = -5%. Why would anyone be willing to buy such a stock and at what price should it sell? What would be the dividend yield and capital gains yield in each year?                                

l. Temp Force recently issued preferred stock. It pays an annual dividend of $1.60, and the issue price was $25 per share. What is the expected return to an investor on this preferred stock?                                                                                           

The method of tree ring dating gave the following years A.D. for an archaeological excavation site. Assume that the population of x values has an approximately normal distribution.

(a) Find a 90% confidence interval for the mean of all tree ring dates from this archaeological site. (Round your answers to the nearest whole number.)

How much does a sleeping bag cost? Let's say you want a sleeping bag that should keep you warm in temperatures from 20°F to 45°F. A random sample of prices ($) for sleeping bags in this temperature range is given below. Assume that the population of x values has an approximately normal distribution.

(b) Using the given data as representative of the population of prices of all summer sleeping bags, find a 90% confidence interval for the mean price μ of all summer sleeping bags. (Round your answers to two decimal places.)

How much do wild mountain lions weigh? Adult wild mountain lions (18 months or older) captured and released for the first time in the San Andres Mountains gave the following weights (pounds):

(c) Find a 75% confidence interval for the population average weight μ of all adult mountain lions in the specified region. (Round your answers to one decimal place.)

Do you want to own your own candy store? Wow! With some interest in running your own business and a decent credit rating, you can probably get a bank loan on startup costs for franchises such as Candy Express, The Fudge Company, Karmel Corn, and Rocky Mountain Chocolate Factory. Startup costs (in thousands of dollars) for a random sample of candy stores are given below. Assume that the population of x values has an approximately normal distribution.

(d) Find a 90% confidence interval for the population average startup costs μ for candy store franchises. (Round your answers to one decimal place.)

The bookkeeper for the Business Students’ Society (BSS) has asked you to prepare a bank reconciliation as of December 31st. The December 31st bank statement and the December T-account for cash (summarized) below.

BSS’s bank reconciliation at the end of November showed a cash balance of $18,800. No deposits were in transit at the end of November, but a deposit was in transit at the end of December.

Business Students’ Society (BSS) had the following transactions during the month of October:

On October 1, BSS placed an order for 100 golf shirts at a unit cost of $20, under terms 2/10, n/30.

The order was received on October 10, but 20 golf shirts had been damaged in shipment.

On October 11, the damaged golf shirts were returned.

On October 12, BSS complained that the remaining golf shirts were slightly defective so the supplier granted a $100 allowance.

BSS paid for the golf shirts on October 13.

During the first week of October, BSS received student and faculty orders for 80 golf shirts, at a unit price of $37.50, on terms 2/10, n/30.

The golf shirts were delivered to these customers on October 18. Unfortunately, customers were unhappy with the golf shirts, so BSS permitted them to be returned or gave an allowance of $12.50 per shirt.

On October 21, one-half of the golf shirts were returned by customers to BSS.

On October 22, the remaining 40 customers were granted the allowance on account.

The customers paid their remaining balances during the week of October 25.

Required:

Prepare journal entries for the transactions described above, using the date of each transaction as its reference. Assume BSS uses perpetual inventory accounts. If you complete this problem in Connect, these journal entries will be summarized for you in T-accounts and a trial balance.

Report the financial effects of the above transactions in a multistep income statement for the month ended October 31 prepared for internal use. Assume operating expenses, other than cost of goods sold, are $100 and income tax expense is $45.

Determine the percentage of net sales that is available to cover operating expenses other than cost of goods sold. By what name is this percentage commonly known?

As of October 31, the check dated October 13 had not cleared the bank. How should BSS report this on its October bank reconciliation? Give the journal entry, if any, needed as a result of including this item in the bank reconciliation.

1. The lower the price in a market, the higher the consumer surplus in that market.

True

False

2. The marginal cost curve always crosses  

3. Suppose that a firm in a perfectly competitive market sells 400 units of output at a price of $4 each. Which of the following statements is correct?

4. For a particular good, a 7 percent increase in price causes a 28 percent decrease in quantity demanded. Which of the following statements is most likely applicable to this good?

5. Which one of the following statements is a normative statement?

6. When quantity demanded responds strongly to changes in price, demand is said to be

7. It is reasonable to expect the cross-price elasticity of demand for coffee and milk to be positive.

True

False

8. Price is equal to marginal revenues in both competitive markets and monopolies.

True

False

9. A binding minimum wage (price floor) above the equilibrium creates a surplus of labor.

True

False

10. Suppose buyers of computers and printers regard those two goods as complements. Then an decrease in the price of computers will cause

Case study

Rachael Tomkins is 55 years old and is a certified practising accountant. She works part time and lives with her husband Paul, aged 64 and daughter Marie, aged 17. Her grandmother Jean aged 90, lives in a small flat at the back of their house and her mother Mary, aged 72 lives in an Over 55s housing unit nearby. In her early 20s Rachael’s father, a Vietnam Veteran, committed suicide. Rachael is described by her family as reliable and caring. She has a small group of friends from her local parish church. Rachael has regular contact with her GP to manage her Diabetes Type 2. She is prescribed metformin and has been trying to lose weight. She also sees a psychiatrist Dr Lianne Yu for management of her symptoms of schizophrenia. She is prescribed Olanzapine and Lithium. She was diagnosed with schizophrenia in her early 20’s when she was studying at university. She was hospitalised with acute psychosis several times before her symptoms were stabilised. She was able to complete her university degree and has worked part time. The last time she experienced acute psychosis was 17 years ago, just after the birth of her daughter. Her symptoms stabilised, and she has been maintained in recovery for almost 15 years. This year has been a particularly challenging year for Rachael. Both her husband’s parents passed away within months of each other, her daughter commenced Year 12 and her grandmother had an infection in her middle toe, which resulted in a series of trips to the doctor, hospitalization and finally amputation of the affected toe. Rachael has become irritable with her family, and has developed erratic sleeping patterns, a lack of interest in grooming, and avoided social interactions with her friends or family. She complained to them that her neighbors were spying on her. In the 48 hours before she was admitted to hospital two incidents escalated Rachael’s need for professional help. In the first episode, she yelled and threatened the neighbor across the fence. She accused him of spying on her with a ‘trackamanometer’. Her husband intervened and took her back into the house. In the second incident later that day, Rachael started screaming at her family to evacuate the house because they would be bombed. Rachael insisted the newsreader on the TV was giving her this important information and they must all get out of the house. Rachael ran onto the road. A concerned neighbor called the police, who were able to convince her to accompany them to the hospital. She was met by her psychiatrist Dr. Yu who reports the following -Rachael is disheveled, dressed in a pajama top and track pants, no shoes, she has an exacerbation of auditory hallucinations, with persecutory delusions and disorganized thinking. Rachael agrees to be admitted because she says ‘I’m frightened’. Rachael is admitted for inpatient psychiatric care. Faculty of Health | School of Nursing, Midwifery & Paramedicine In the hospital, Rachael is argumentative and resistive to staff interactions and interventions, and her family are frightened and bewildered by her dramatic deterioration.

Q. Rachael will be admitted to the mental health inpatient unit. Write a nursing care plan based on the nursing diagnosis.

Q. What are the risk factors?  Does Racheal have any protective factors? If so, what are they?

can you please provide answer to these questions from the above case study.

thank you.....

Gallatin Carpet Cleaning is a small, family-owned business operating out of Bozeman, Montana. For its services, the company has always charged a flat fee per hundred square feet of carpet cleaned. The current fee is $22.55 per hundred square feet. However, there is some question about whether the company is actually making any money on jobs for some customers—particularly those located on remote ranches that require considerable travel time. The owner’s daughter, home for the summer from college, has suggested investigating this question using activity-based costing. After some discussion, she designed a simple system consisting of four activity cost pools. The activity cost pools and their activity measures appear below:

The total cost of operating the company for the year is $351,000 which includes the following costs:

Resource consumption is distributed across the activities as follows:

Job suport consists of receiving calls from potential customers at the home office, scheduling jobs, billing, resolving issues, and so on.

Required:

1. Prepare the first-stage allocation of costs to the activity cost pools.

2. Compute the activity rates for the activity cost pools.

3. The company recently completed a 400 square foot carpet-cleaning job at the Flying N Ranch—a 60-mile round-trip journey from the company’s offices in Bozeman. Compute the cost of this job using the activity-based costing system.

4. The revenue from the Flying N Ranch was $90.20 (400 square feet @ $22.55 per hundred square feet). Calculate the customer margin earned on this job.

Gallatin Carpet Cleaning is a small, family-owned business operating out of Bozeman, Montana. For its services, the company has always charged a flat fee per hundred square feet of carpet cleaned. The current fee is $22.85 per hundred square feet. However, there is some question about whether the company is actually making any money on jobs for some customers—particularly those located on remote ranches that require considerable travel time. The owner’s daughter, home for the summer from college, has suggested investigating this question using activity-based costing. After some discussion, she designed a simple system consisting of four activity cost pools. The activity cost pools and their activity measures appear below:

The total cost of operating the company for the year is $353,000 which includes the following costs:

Resource consumption is distributed across the activities as follows:

Job support consists of receiving calls from potential customers at the home office, scheduling jobs, billing, resolving issues, and so on.

Required:

1. Prepare the first-stage allocation of costs to the activity cost pools.

2. Compute the activity rates for the activity cost pools.

3. The company recently completed a 200 square foot carpet-cleaning job at the Flying N Ranch—a 53-mile round-trip journey from the company’s offices in Bozeman. Compute the cost of this job using the activity-based costing system.

4. The revenue from the Flying N Ranch was $45.70 (200 square feet @ $22.85 per hundred square feet). Calculate the customer margin earned on this job.