Drs. Glenn Feltham and David Ambrose began operations of their physical therapy clinic, called Northland Physical Therapy, on January 1, 2017. The annual reporting period ends December 31. The trial balance on January 1, 2018, was as follows (the amounts are rounded to thousands of dollars to simplify):

Transactions during 2018 (summarized in thousands of dollars) follow:

1. Borrowed $27 cash on July 1, 2018, signing a six-month note payable.
2. Purchased equipment for $30 cash on July 2, 2018.
3. Issued additional shares of common stock for $4 on July 3.
4. Purchased software on July 4, $4 cash.
5. Purchased supplies on July 5 on account for future use, $6.
6. Recorded revenues on December 6 of $62, including $10 on credit and $52 received in cash.
7. Recognized salaries and wages expense on December 7 of $35; paid in cash.
8. Collected accounts receivable on December 8, $7.
9. Paid accounts payable on December 9, $8.
10. Received a $4 cash deposit on December 10 from a hospital for a contract to start January 5, 2019.

Data for adjusting journal entries on December 31:

11. Amortization for 2018, $1.
12. Supplies of $4 were counted on December 31, 2018.
13. Depreciation for 2018, $2.
14. Accrued interest of $1 on notes payable.
15. Salaries and wages incurred but not yet paid or recorded, $2.
16. Income tax expense for 2018 was $5 and will be paid in 2019.

8. Post the closing entry from requirement 7 and prepare a post-closing trial balance.

a)The yields of four zero-coupon bonds of varying maturities are as follows: Maturity YTM 1 6.1% 2 6.2% 3 6.3% 4 6.4% If you expect the implied term structure to be the same next year as it is this year, what is the expected return on the 2-year zero coupon bond over the coming year? Please express your answer in percent, rounded to the nearest basis point.

b)The maturities and yields of three zero-coupon bonds are as follows:

Next year, you expect the yields on zero-coupon bonds to be as follows:

c)What is your expectation of the rate of return on a 3-year zero-coupon bond over the coming year? Please express your answer in percent rounded to the nearest basis point.

d)The 1-year rate is currently 2%, and the expected 1-year rate a year from now is 1%. If the liquidity preference theory holds and the liquidity premium for the 2-year rate is 1.0%, what should the 2-year rate be? (Assume that the liquidity premium for the 1-year rate is 0.0%) Please express your answer in percent rounded to the nearest basis point.

If the 1-year rate is currently 3%, and the 2-year rate is 4.5%, what is the expected 1-year rate a year from now if the expectations hypothesis holds? Please express your answer in percent rounded to the nearest basis point.

Consider the Titanic data stored in a structure variable named T.
Passenger ID Survived
1=Yes, 2=No

Gender
1=Male, 2=Female

Age Fare ($)

T =

121 2 1 22 7.25
243 1 2 38 71.28
432 1 2 26 7.93
564 1 2 35 53.1
856 2 1 35 8.05

As a table of 6 students, complete the following – you may want to have a couple of students checking the syntax and
output on MATLAB.
1. Draw the table (Titanic data) on the whiteboard.
2. Annotate and provide the syntax to exact the:
a. 1
st column and assign it to the variable named id
b. 3
rd column and assign it to the variable named gender
c. 4
th column and assign it to a variable named age

3. Annotate and provide the output of:
a. index = age>30
b. old_age = age(index)
c. old_age_id = id(index)
4. Write syntax that will return a vector containing all female passenger IDs
5. Write syntax that will find the row number of the passenger aged 38
6. Write syntax to extract the 2nd and 3rd columns of information for the passenger aged 38, using the variable created
in step 5
7. Take a photo of your work for future reference. The entire table is to present the work to a demonstrator and
answer questions to get it marked off before moving onto the next task.

On May 1 of the current year, Cassandra Corp. issued $600,000 of 4% bonds payable at par with interest payment dates of April 1 and October 1. In its income statement for the current year ended December 31, what amount of interest expense should Cassandra report?

• $10,000

• $4,000

• $14,000

• $16,000

Discuss each of the three (3) Rules of Risk Management. Select one (1) of the 4 boxes of the frequency/severity matrix (p. 59 of fundamentals of risk and insurance, 11th edition) and identify a peril that fits into that box and how a risk manager might handle that risk.

Device a system of equations that would have this solution (3k-4, k, 5k+1)

Consider the function ?(?)=(?^(4/5))*(?−3). This function has two critical numbers ?<?

1) Then ?= ? and ? = ?.

2) For each of the following intervals, tell whether ?(?) is increasing or decreasing.
(−∞,?]:   ?
[?,?]: ?
[?,∞): ?

3) The critical number A is ? and the critical number B is ? (a relative maximum / a relative minimum / neither max nor min )
There are two numbers ?<? where either ?″(?)=0 or f″(x) is undefined.

4) Then C = ? and D = ?

5)Finally for each of the following intervals, tell whether ?(?) is concave up or concave down.
(−∞,?): ?
(?,?): ?
(?,∞): ?

a) Compute the indicated quantity.

P(A | B) = .1, P(B) = .4. Find P(A ∩ B).

P(A ∩ B) =

b)Compute the indicated quantity.

P(A) = .1, P(B) = .2. A and B are independent. Find P(A ∩ B).

P(A ∩ B) =

c)Find the conditional probability of the indicated event when two fair dice (one red and one green) are rolled. HINT [See Example 1.]

The red one is 1, given that the sum is 7.

1.) A jogger runs directly east for 4 km, then turns and goes northwest for 9 km. He then travels directly south for 3 km. How far is he from the starting point? (km)

2.) In what direction is he from the starting point(measured as an angle counterwise from the east axis, units are deg)? (Northwest is the direction lying exactly half way between north and west.)