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 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. 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, 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 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 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:
In: Accounting
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:
In: Finance
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 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
In: Economics