Questions
ABC Apartments is a 300-unit complex near Fairway University that attracts mostly university students. The manager...

ABC Apartments is a 300-unit complex near Fairway University that attracts mostly university students. The manager has collected the following data and wants to project the number of units leased in Semester 9 using simple linear regression. Here is the information that has been collected:

Semester

University Enrollment

(in thousands)

Average Lease Price ($)

Number of Units Leased

1

7.2

450

291

2

6.3

460

228

3

6.7

450

252

4

7.0

470

265

5

6.9

440

270

6

6.4

430

240

7

7.1

460

288

8

6.7

440

246

In answering these questions, you must identify and use the correct independent and dependent variables.

a) The apartment manager wants to forecast the Number of Units Leased as a function of time. What is the linear regression relationship the manager should use and what is the forecast for the Number of Units Leased for Semester 9?

b) Suppose the manager believes that the Number of Units Leased is a function only of University Enrollment. It is believed that there will be a one semester lag between the enrollment and the units leased. In other words, the number of units leased in a semester is a function of the university enrollment in the prior semester. What is the linear regression relationship the manager should use and what is the forecast for the Number of Units Leased for Semester 9?

c) Suppose the manager believes that the Number of Units Leased is a function only of the Average Lease Price for that semester. What is the linear regression relationship the manager should use and what is the forecast for the Number of Units Leased for Semester 9 if the average lease price for that semester is $450?

d) Considering the strength of each of the relationships that you found in parts a) through c), would you use any of these to forecast the Number of Units Leased for Semester 9? Explain your answer.

In: Statistics and Probability

Robert is 34 years old and is engaged to be married. He is looking to start...

Robert is 34 years old and is engaged to be married. He is looking to start saving towards buying a house. He and his fiancée Alisha however have not made any plans towards any of their life goals.

Robert

Robert graduated high school in Romania, and got into engineering school at University of Toronto right after. Having graduated among the top students in his country, he was able to obtain a full scholarship and graduated university with no student debt. He started working for a firm DigitalDesign LLC where he worked as a software engineer for 3 years where he started out with a salary of 60,000 CAD annually. Even though he was set up for success, he did take time away from his job, sponsored his brother education at Carleton University, worked for a non-profit in Africa, and travelled for a year. These left him with a bit lower savings than estimated. He currently has around 200,000 CAD saved in financial assets and earns around 130,000 CAD annually. The company he works for has no pension plan.


Alisha

Alisha finished her undergraduate degree in architecture and worked in Romania for a few years. She moved to University of Toronto for her master’s degree and currently works for an architecture firm that designs factories. She has around 85000 CAD in financial assets and earns 80,000 CAD a year. She also has no pension plan. Like Robert, she likes to travel but also takes a trip once a year back to Romania to visit her family.

The Wedding

They are planning to have two ceremonies, a very small one with close friends in Toronto, which would cost (8,000 CAD). A big wedding in Romania with around 400 guests, which would cost 40,000 CAD. Their parents would foot half the wedding bill in Romania.

Lifestyle and Life Goals

Both Robert and Alisha live in a spacious 2-bedroom condominium in midtown-Toronto and they do not plan to move out of it anytime soon. None of them drives a car and they take public transit or Taxi/Uber. They plan to have only 1 kid 2 years from now and plan to remain in the apartment and put a down payment (50%) on the condo. They do like eating out once a week and Robert likes to go out for drinks with his pals on the weekend. They plan to take two trips a year. One trip to Romania during Christmas and once during the summer. When the child enters university (20 years from now), they want to be able to fund all the tuition and living expenses (totaling 100,000$). When Robert turns 50, they plan to buy a cottage in Romania near the coast for 300,000 CAD.

For Retirement, Robert and Alisha want to have 5,000,000 dollars together. All prices are based on today’s CAD. Robert and Alisha expect their real income to grow by 1% a year. Assume retirement age = 65.

Income Statement

Income

Robert

Alisha

Combined

Salary

130,000

80,000

Less Tax

35,000

21,000

Less CPP

2,500

1,700

Less: EI

950

775

Income after Tax

91,550

56,525

Food

9000

Student Debt

0

Utilities + Phone/internet

2500

Leisure/ Eating Out/ Entertainment

12000

Rent

30000

Car

0

Travel

10000

Misc

8000

Total Expenses

71500


Assume an average tax rate of 40%.

A) Create an detailed Investment policy statement for Robert and Alisha

B) Are their goals reasonable? How much money do they need to save in their first year for each of their goals and the total amount? ( Assume expenses to go up by 10,000$ a year once the kid is born)

C) If they plan to spend 50,000 each year in retirement and plan to leave 500, 000 CAD as inheritance, (to be withdrawn at the beginning of each year) are their retirement goals sufficient?

In: Accounting

Michael, 23, is brought to the emergency room by ambulance. He is alert, confused and uncooperative....

Michael, 23, is brought to the emergency room by ambulance. He is alert, confused and uncooperative. He is also unable to follow simple commands or answer simple questions. His girlfriend reports, “We were at his house, studying. He just made this really strange sound. Suddenly he is on the floor shaking and his eyes are rolled back in his head. I turned him on his side. I don’t know what is going on with him, but I did call his father and he said he would meet us here at the hospital.” Vital signs are temperature 99.5° F, pulse 92/min, respirations 25/min, and BP 142/84.


1. What could the nurse say to the girlfriend who is most likely to be very stressed by the experience of seeing her boyfriend have a seizure and Why would it be important to calm her down and elicit information from her

2. What emergency interventions does the nurse use

3. What medications will the health care provider most likely order for status epilepticus... Describe the nursing implications (administration, side effects, drug-level monitoring) for these medications

4. What are some of the social implications for this young college student who has new-onset seizures

5. What should the nurse teach the patient and family about epilepsy?

In: Nursing

1-In the area of Corporate Negligence, hospitals have moved from a duty to use reasonable care,...

1-In the area of Corporate Negligence, hospitals have moved from a duty to use reasonable care, to charitable tort immunity.

True/False

2- CEO/Administrator's have a responsibility to correct deficiencies found by regulatory agencies.

True/False

3-Who is responsible for Medical Staff Privileges?

Nursing

CEO

Governing body

None of the above

4- Physicians challenge a Denial of Privileges by using state and federal antitrust laws based on a conspiracy theory. This approach is:

growing more successful

not vaild due to the US Constitution

generally an unsuccessful claim

not an option for individuals

5-Negligent granting of privileges can lead to:

Iiability for injuries suffered by patients treated by physician whose credentials were improperly screened.

liability for breech birth by doctor with improper privileges.

liability for wrongful death caused by fugitive doctor.

all of the above.

6-During a lawsuit over suspension or termination of privileges, you may hear testimony about:

whether a physician exhausted all remedies available before going to court.

whether the health care organization denied due process.

all of the above.

none of the above.

7- The evaluation of professional services by a person licensed to practice is:

Clinical Review

Book Review

Peer Review

none of the above.

8- Who has the primary responsibility for taking corrective action when physicians provide inadequate care?

Patients

Nurses

Medical Director

none of the above.

In: Nursing

Yaw Mathew, Kofi John and eighteen (18) others are employees of SameXYZ Limited, a giant coffee...

Yaw Mathew, Kofi John and eighteen (18) others are employees of SameXYZ Limited, a giant coffee production company located in the Industrial Area of Ghana. They work in the coffee factory of the company. In December 2017, a trade union representing the employees in the coffee factory made certain demands on the company, including demand for pay rise. There were negotiation proceedings following which a settlement was reached between the company and the trade union. Under the settlement, the monthly salary of each coffee factory employee is to be increased from the current amount of GH₵1,500.00 to GH₵ 2,250.00, an increase of 50% over and above the previous salary. It was agreed that the increment was to take effect from January 2018. In January 2018, the employees were put on the new salaries but it was observed that the company was making certain unexplained deductions of GH₵100.00 from the monthly salary of each employee, apart from the lawful deductions. When the employees complained to the company regarding the deductions, they were told that the said amount was a pecuniary penalty imposed on them by the company and that the company owed them no explanation whatsoever. They were further told that any employee who was not ready to suffer the deductions was free to resign. The employees are of the view that such deductions are not permitted under the Labour Act but do not know what to do to halt the deductions and recover the deductions made so far. They have come to you for your legal opinion on such deductions and the steps they can take to halt future deductions and also recover previous deductions as prescribed by law

In: Operations Management

The Elite Mutual Fund associate director intends to invest in the stock of ABC Company. ABC...

The Elite Mutual Fund associate director intends to invest in the stock of ABC Company. ABC Company is a merchandiser buying and selling mobile phones. ABC Company also provides mobile phones repairing services. Around 50% of the company’s revenues come from the sale of mobile phones. The remaining company’s revenues come from mobile phones repairing services.

The following are financial ratios for ABC Company and comparative ratios for ABC Company’s industry. Computations of the financial ratios for ABC Company are based on the information from ABC Company’s financial statements.

Aspect of financial ratios

Industry average

ABC Company

(i) Market measures

Price-to-book

9.1

8.9

Dividend payout rate

2.1%

0%

Dividend yield

0.6%

0%

Earnings yield

8%

8.2%

Price-to-earnings ratio

29.1

27.9

(ii) Asset utilization

Total assets turnover

4

3.95

Fixed asset turnover

15.65

15.4

Working capital turnover

9.81

8.6

Sales to inventory

28.8

30

Accounts receivable turnover

8.25

7

Cash turnover

39

40.9

(iii) Operating performance

Net profit margin

8.1%

8.3%

Pre-tax profit margin

14.55%

15%

Operating profit margin

16%

16.8%

Gross profit margin

34.4%

36.1%

(iv) Return on investment

Return on common equity

50.1%

52.7%

Return on assets

30.1%

31.5%

(v) Capital structure and solvency

Times interest earned

9.99

9.3

Long-term debt to equity

0.401

0.369

Total debt to equity

0.691

0.675

(vi) Liquidity ratios

Days to sell inventory

18.39

18.48

Collection period

36.7

42.29

Acid-test ratio

1.95

2.68

Current ratio

3.2

3.55

Required:

  1. You are required to interpret the ratios of ABC Company. From your interpretation, draw relevant inferences regarding ABC Company’s financial condition and financial performance. (Note: Ignore the industry average ratios.)
  1. You are required to repeat the analysis in (a) with full knowledge and understanding of the industry average ratios.
  1. Show which financial ratios you may consider to deviate from the industry average norms. For each of the ABC Company’s financial ratio that deviates from the industry average norms, give suggestions for two possible explanations.

In: Accounting

The Elite Mutual Fund associate director intends to invest in the stock of ABC Company. ABC...

The Elite Mutual Fund associate director intends to invest in the stock of ABC Company. ABC Company is a merchandiser buying and selling mobile phones. ABC Company also provides mobile phones repairing services. Around 50% of the company’s revenues come from the sale of mobile phones. The remaining company’s revenues come from mobile phones repairing services.

The following are financial ratios for ABC Company and comparative ratios for ABC Company’s industry. Computations of the financial ratios for ABC Company are based on the information from ABC Company’s financial statements.

Aspect of financial ratios

Industry average

ABC Company

(i) Market measures

Price-to-book

9.1

8.9

Dividend payout rate

2.1%

0%

Dividend yield

0.6%

0%

Earnings yield

8%

8.2%

Price-to-earnings ratio

29.1

27.9

(ii) Asset utilization

Total assets turnover

4

3.95

Fixed asset turnover

15.65

15.4

Working capital turnover

9.81

8.6

Sales to inventory

28.8

30

Accounts receivable turnover

8.25

7

Cash turnover

39

40.9

(iii) Operating performance

Net profit margin

8.1%

8.3%

Pre-tax profit margin

14.55%

15%

Operating profit margin

16%

16.8%

Gross profit margin

34.4%

36.1%

(iv) Return on investment

Return on common equity

50.1%

52.7%

Return on assets

30.1%

31.5%

(v) Capital structure and solvency

Times interest earned

9.99

9.3

Long-term debt to equity

0.401

0.369

Total debt to equity

0.691

0.675

(vi) Liquidity ratios

Days to sell inventory

18.39

18.48

Collection period

36.7

42.29

Acid-test ratio

1.95

2.68

Current ratio

3.2

3.55

Required:

  1. You are required to interpret the ratios of ABC Company. From your interpretation, draw relevant inferences regarding ABC Company’s financial condition and financial performance. (Note: Ignore the industry average ratios.)
  1. You are required to repeat the analysis in (a) with full knowledge and understanding of the industry average ratios.
  1. Show which financial ratios you may consider to deviate from the industry average norms. For each of the ABC Company’s financial ratio that deviates from the industry average norms, give suggestions for two possible explanations.

In: Finance

Kate is a 17 years old patient, unmarried and 8 weeks pregnant. She is a rather...

Kate is a 17 years old patient, unmarried and 8 weeks pregnant. She is a rather remarkable girl in that she lives independently while still a senior in a high school. She tells you that she was an adoptee given back to foster care, and then abused in that system. She is now an emancipated minor who works 30 hours per week at a service industry job while also earning a 4.0 GPA in school, ranking in the top 10% of her class. She is college-bound, with a full-ride scholarship for pre-med undergraduate studies at a prestigious university. ?Kate has absolutely no family support, and the former boyfriend who is the father of her unborn child/fetus simply disappeared upon learning of the pregnancy. Your patient is scared, uninsured, and says she doesn’t want to be pregnant or a mom (“Perhaps someday, but not now!”). She rejects the adoption option, based on her own experience growing up, and requests abortion only, at this hospital where she has always received medical care.”

Questions for discussion ?1. Your faith-based health care system rejects elective abortion option. What ought to be done for Kate? And by whom?

In: Nursing

ABC Company employs a periodic inventory system and sells its inventory to customers for $23 per...

ABC Company employs a periodic inventory system and sells
its inventory to customers for $23 per unit. ABC Company
had the following inventory information available for the
month of May:

May 1    Beginning inventory 1,600 units @ $12 cost per unit
May 8    Sold 1,100 units
May 13   Purchased 1,700 units @ $24 cost per unit
May 18   Sold 1,000 units
May 21   Purchased 1,500 units @ $18 cost per unit
May 28   Sold 800 units
May 30   Purchased 1,200 units @ $20 cost per unit

During May, ABC Company reported operating expenses of
$5,000 and had an income tax rate of 36%.

Calculate the amount of gross profit earned by ABC Company
during May using the weighted average method.

In: Finance

Explain why an economist would focus on real GDP rather than nominal GDP. Suppose you walked...

Explain why an economist would focus on real GDP rather than nominal GDP.
Suppose you walked into an unemployment office and found the following people: a laid-off mall Santa Claus, an unemployed auto-industry worker(who is subject to callback by their company), a woman who lost her job at a manufacter because the company relocated to Mexico, and a Nurse who just moved to town because his wife recently started a new job. Assign the following labels to people above: cyclically unemployed, frictionally unemployed, structurally unemployed, and seasonally unemployed. Then explain the terms of each person.

In: Economics