Questions
Match the following terms with their definitions: a. Pay to play                        ______       &nbs

Match the following terms with their definitions:

a. Pay to play                        ______          1) Penalty for not keeping pro rata

b. Drag-along rights            ______          2) Right to first payment at exit

c. Redemption rights           ______          3) Veto of certain management actions

d. Anti-dilution protection   ______          4) Adjust price to protect against a down round

e. Liquidation Preference ______          5) Investors demand money back

f. Protective provisions      ______          6) Force consent to a sale of stock

In: Finance

q1. What is the price of a 14-year bond paying 9.1% annual coupons with a face...

q1.

What is the price of a 14-year bond paying 9.1% annual coupons with a face (par) value of $1,000 if the market rates for these bonds are 5.5%? Answer to the nearest cent, xxx.xx, and enter without the dollar sign.

q2.

You are borrowing $200,000 for an amortized loan with terms that include annual payments,6 year loan, and interest rate of 7.2 per year. How much of the first year's payment would be applied toward reducing the principal?

In: Finance

1. You think CCLC will pay dividend next year and the first dividend will be $20...

1. You think CCLC will pay dividend next year and the first dividend will be $20 a share. You expect GOOG to grow dividend at 9% a year. If your required return for GOOD is 11.3%, what would be the price in 7 years?

2. CCLC will pay an annual dividend of $2 next year. The company just announced that future dividends will be increasing by 8% annually. Would you buy this stock at $42 a share if your required return is 12%?

In: Finance

Below is a list of prices for zero-coupon bonds of various maturities. Maturity (Years) Price of...

Below is a list of prices for zero-coupon bonds of various maturities.

Maturity (Years) Price of $1,000 Par Bond (Zero-Coupon)
1 $ 978.14
2 893.66
3 807.34

a. A 9.7% coupon $1,000 par bond pays an annual coupon and will mature in 3 years. What should the yield to maturity on the bond be?

b. If at the end of the first year the yield curve flattens out at 8.0%, what will be the 1-year holding-period return on the coupon bond?

In: Finance

Christmas Anytime issues $800,000 of 7% bonds, due in 15 years, with interest payable semiannually on...

Christmas Anytime issues $800,000 of 7% bonds, due in 15 years, with interest payable semiannually on June 30 and December 31 each year. Calculate the issue price of a bond and complete the first three rows of an amortization schedule when:

1. The market interest rate is 7% and the bonds issue at face amount

2. The market interest rate is 8% and the bonds issue at a discount.

3.. The market interest rate is 6% and the bonds issue at a premium

In: Accounting

On January 20X2, Lucky Company purchased $5,000,000 of Fire Corp. 3% bonds, classified as a FVTPL....

On January 20X2, Lucky Company purchased $5,000,000 of Fire Corp. 3% bonds, classified as a FVTPL. The bonds pay semi-annual interest each 30 June and 31 December. The market interest rate was 4% o the date of purchase. The bonds mature on 30 December 20X11. At the end of 20X2, the bonds had a fair value of $4,800,000.

1. Calculate the price paid by Lucky.

2. Give entries for the first year assuming that the investment is classified as FVTPL.

In: Accounting

Julie is 45 year old mother and lives on a cropping farm, run as a family...

Julie is 45 year old mother and lives on a cropping farm, run as a family business, with her husband and his brother. Julie has three children same, aged 14; Katie, aged 12 and James aged 8.The two older children attend boarding school and return home for holidays. James is at home and attends the local primary school 50 km away.
Both Julie's boys have type 1 diabetes that she manages.
Julie has lived with her diabetes for 37 years and has many comorbidities due her both her diabetes and celiac disease. which she developed as a teenager. Julie has stage 3 chronic kidney disease, poor eyesight and osteoporosis. She is currently tryinģ to give up smoking after having smoked since of 16.
Julie currently sees her endocrinologist in large metropolitan hospital every three-month at outpatient clinic. It take her five hours to drive by car to the appointment in the city a journey that she takes with her husband. Her nephrologist is based at the regional hospital about 2 hours drive from home.Julie engages with a diabetes educator via phone and face to face monthly . The local hospital is 50 km away and is small, rural hospital. with a locum doctor and regular nursing staff, who cover the acute inpatient ward, and community registered nurse. She attends a community chronic diseases self management program at the local church hall run by the community registered nurse once a week in town and does her weekly groceries. Julie has expressed to the diabetes educator that she need more assistance with managing her own condition. She is concerned that her son who have type 1 diabetes, may end up with the same comorbidities as her because she has an autoimmune chronic condition

1. consider the health care teams and services involved in Julie`s care, how would you as nurse caring for Julie engage the health care team to provide collaborative support to Julie to self manage her multiple chronic conditions.

2. Justify your chosen health care professional, relate the discussion direct to the patient.

3. Demonstrate your understanding of why collaborative care is important

In: Nursing

Case Study in Endocrine in preparation for Discussion A 51-year old unemployed salesman is brought to...

Case Study in Endocrine in preparation for Discussion

A 51-year old unemployed salesman is brought to the emergency department by EMS at 0800, accompanied by his wife. His wife tells the emergency department nurse that her husband has not been feeling well for the last week, but that when he got up this morning, he was so weak he couldn’t dress himself and didn’t know where he was. She also tells the nurse her husband has been taking a cortisone drug for treatment of his rheumatoid arthritis for the past 2 years, but notes, “We didn’t have the money to buy it this month.”

Assessment data includes:

The patient is dehydrated with dry oral mucous membranes and tongue, poor skin turgor, and sunken eyeballs. His blood pressure is 94/44, and his pulse is rapid and thread. He is weak, dizzy, and disoriented about time and place. Diagnostic tests done at 0830 reveal the following abnormal findings:

o EKG: widening QRS complex and increased PR interval (had peaked T-waves in the ambulance)

o Sodium: 129 mEg/L (normal range: 135-145 mEq/L)

o Glucose: 54 mg/ dL (normal range: 70-110 mg/dL)

o Potassium: 6.2 mEq/L (normal range: 3.5-5 mEq/L)

o Cortisol: 2 mg/dL (normal for morning draw: 5-23 mg/dL) The physician determines that the patient is probably suffering from adrenal insufficiency.

The physician orders 5% Dextrose in 0.9 % sodium chloride in water (D5NS) to run at 250 mL/hr intravenously and Hydrocortisone 200 mg IV. After initiation of the IV fluids and medication, the patient is admitted to an inpatient bed with continuous heart monitoring.

  1. Identify at least 2 methods that could be used to lower the potassium level if the patient has symptomatichyperkalemia. (2 points)
  2. Name 1 priority nursing diagnosis and 1 educational nursing diagnosis.  This condition is potentially deadly for the patient, so the priority diagnosis must reflect a serious response to adrenal insufficiency that the nurse can address (4 points)
  3. Name a goal statement for each nursing diagnosis. (2 points)
  4. List 3 nursing interventions for each nursing diagnosis and please be specific about what is essential to teach this patient and his wife (6 points)

In: Nursing

Part A Mr Li, Mr Tong, Miss Chow and Mr Yu are directors and shareholders of...

Part A


Mr Li, Mr Tong, Miss Chow and Mr Yu are directors and shareholders of Quick Profit Limited (‘the Company’), a Hong Kong private limited company. The Company has an issued and paid-up share capital of HK$30,000,000. Each of them holds 4,000,000 shares in the Company.

The Company has adopted the Model Articles as its articles of association, which were subsequently modified to include the following clauses:


1 every director must subscribe at least 3,000,000 shares in the Company within two months after appointment; and


2 the quorum of directors’ and shareholders’ meetings is three.


As the company secretary of the Company, advise Mr Li, the chairman of the board, on the course of actions to be taken by the Company (giving reasons for your answers) in the following circumstances:


a Mr Tong informed the Company that he intended to sell 1,100,000 shares to Mrs Wong who will then hold those shares in trust for her husband, Mr Wong.
b Miss Chow informed the Company that she would sell all her shares in the Company to her friend, Mr Lo and resign as director of the Company with effect from 1 April 2018.


c The Company received a photocopy of the power of attorney from Mr Chan, who is the attorney for Mr Lam, who holds 500,000 shares in the Company.


d Ms Tang, who holds 10,000 shares in the Company, informed the Company that she had married and requested the Company to amend her name on the register of members from Tang Mei Mei to Au Tang Mei Mei.


e The Company received a letter from MCC Limited, which holds 200,000 shares in the Company, informing the Company that MCC Limited has commenced liquidation on 1 March 2018 and Mr Black has been appointed as liquidator of MCC Limited.


f Mrs Yu informed the Company that her husband, Mr Yu, had passed away on 30 March 2018.

Part B


a A pre-emption clause governing transfer of shares may be found in the articles of association of some private companies. Explain what a pre-emption clause is and whether it is beneficial to the shareholders of a private company. Give reasons to support your answer.


b If Quick Profit Limited is a listed company, a share registrar will deal with the matters stated in Part A. Explain the duties of/services provided by a share registrar to a listed company.

In: Accounting

On January 2, 2018, Athol Company bought a machine for use in operations. The machine has...

On January 2, 2018, Athol Company bought a machine for use in operations. The machine has an estimated useful life of eight years and an estimated residual value of $1,750. The company provided the following information:

  1. Invoice price of the machine, $73,000.
  2. Freight paid by the vendor per sales agreement, $870.
  3. Installation costs, $2,000 cash.
  4. Cost of cleaning up the supplies, boxes, and other garbage that remained after the installation of the machine, $125 cash.
  5. Payment of the machine's price was made as follows:

January 2:

  • Issued 950 common shares of Athol Company at $4 per share.
  • Signed a $39,000 note payable due April 16, 2018, plus 12 percent interest.
  • Balance of the invoice price to be paid in cash. The invoice allows for a 2 percent cash discount if the cash payment is made by January 11.

January 15: Paid the balance of the invoice price in cash.

April 16: Paid the note payable and interest in cash.

  1. On June 30, 2020, the company completed the replacement of a major part of the machine that cost $12,550. This expenditure is expected to reduce the machine’s operating costs, increase its estimated useful life by two years, and decrease its estimated residual value to $1,250.
  2. Assume that on October 1, 2025, the company decided to replace the machine with a newer, more efficient model. It then sold the machine to Sako Ltd. on that date for $23,000 cash.

Required:

1. Compute the acquisition cost of the machine.

2. Prepare the journal entries to record the purchase of the machine and subsequent cash payments on January 15 and April 16, 2018. (Do not round intermediate calculations and round your final answers to the nearest dollar amount. If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

3. Compute the depreciation expense for each of the years 2018, 2019, and 2020, assuming the company’s fiscal year ends on December 31. Use the straight-line depreciation method. (Do not round intermediate calculations and round your final answers to the nearest dollar amount.)

4. Prepare the journal entry to record the sale of the machine on October 1, 2025. (Hint: First determine the balance of the accumulated depreciation account on that date.) (Do not round intermediate calculations and round your final answers to the nearest dollar amount. If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

In: Accounting