Questions
Problem 4. A high-voltage power supply should have a nominal output voltage of 350 V. A...

Problem 4. A high-voltage power supply should have a nominal output voltage of 350 V. A sample of four units is selected each day and tested for process-control purposes. The data (see sheet Problem4 in Homework 4.xlsx) give the difference between the observed reading on each unit and the nominal voltage times ten; that is, ?? = (observed voltage on unit ? - 350)*10 (a) Set up ?̅ and ? charts on this process. Is the process in statistical control? (2 points) (b) If specifications are at 350 V ±5 V, estimate ? and ? , ? and ? ? (2 points) ? ??? ?? (c) What can you say about process capability ??? (2 points)

Sample x1 x2 x3 x4 Xbar R
1 6 9 10 15 10 9
2 10 4 6 11 7.75 5
3 7 8 10 5 7.5 5
4 8 9 6 13 9 7
5 9 10 7 13 9.75 6
6 12 11 10 10 10.75 2
7 16 10 8 9 10.75 7
8 7 5 10 4 6.5 6
9 9 7 8 12 9 4
10 15 16 10 13 13.5 6
11 8 12 14 16 12.5 8
12 6 13 9 11 9.75 7
13 16 9 13 15 13.25 7
14 7 13 10 12 10.5 6
15 11 7 10 16 11 9
16 15 10 11 14 12.5 5
17 9 8 12 10 9.75 3
18 15 7 10 11 10.75 8
19 8 6 9 12 8.75 6
20 13 14 11 15 13.25 4

In: Statistics and Probability

Company ABC divides its inventory into three different groups. Group 1 has 350 units and the...

Company ABC divides its inventory into three different groups. Group 1 has 350 units and the price per unit is $12. Group 2 has 200 units and the price per unit is $20. Group 3 has 900 units and the price per unit is $2.5. The purchase price for all units was $9,000. Determine the cost per unit for each group. Use the relative sales value method.

In: Accounting

arvard Prep Shops, a national clothing chain, had sales of $350 million last year. The business...

arvard Prep Shops, a national clothing chain, had sales of $350 million last year. The business has a steady net profit margin of 20 percent and a dividend payout ratio of 30 percent. The balance sheet for the end of last year is shown below:

Balance Sheet
December 31, 20XX ($ millions)
Assets Liabilities and Shareholders' Equity
  Cash $4   Accounts payable $45
  Account receivable 12   Accrued expenses 11
  Inventory 60   Other payables 28
  Common stock 70
  Plant and equipment 190 Retained earnings 112
  Total assets $266   Total liabilities and equity $266

Harvard’s anticipates a large increase in the demand for tweed sport coats and deck shoes. A sales increase of 30 percent is forecast.

All balance sheet items are expected to maintain the same percent-of-sales relationships as last year, except for common stock and retained earnings. No change in the number of common shares outstanding is scheduled, and retained earnings will change as dictated by the profits and dividend policy of the firm.

a. Will external financing be required for the Prep Shop during the coming year?

  • Yes

  • No

b. What would the need for external financing be if the net profit margin went up to 25 percent and the dividend payout ratio was increased to 65 percent? (Enter the answer in millions. Round the final answer to 2 decimal places.)

Required new funds           $  million

In: Finance

NSG 350 XTRA Assignment: Anger, Aggression & Violence Case Study Olivia is a nursing student completing...

NSG 350 XTRA Assignment: Anger, Aggression & Violence Case Study
Olivia is a nursing student completing a practicum at the local hospital. She is shadowing Nina, a long-time RN on the medical-surgical unit. As the two nurses begin their shift, Nina gives Olivia a brief history of the first patients they will be assessing. Mr. Musick, aged 44, who is being treated for pancreatitis, has been on the unit for 3 days. He has a history of cigarette smoking (20 years) and a history of gallstones. He denies being a “heavy drinker,” but admits to having one or two drinks after work most days and more on weekends.
​During his stay, Mr. Musick has repeatedly raised his voice, cursed, and even screamed loudly at various nurses and other staff. At times, he is angry about an invasive procedure, such as when the night nurse needs to restart his IV in another vein. At other times, Mr. Musick’s anger seems random. As Nina explains to Olivia, “He just blames everyone else for how miserable he is. And since it is everyone else’s fault, then he figures everyone else ought to fix it—now.”
​During the change-of-shift report, Olivia learned that earlier this morning, Mr. Musick became extremely irritable for not being allowed to smoke anywhere in this “damned place.” The nurse explained that the patient got up from his bed as though “he thought he was heading to a smoking lounge,” pulling out his IV in the process. When the nurse told him, he could not be up and walking, Mr. Musick screamed, “Doesn’t anybody realize that I just need a drink to calm my nerves?” When the nurse called for help, Mr. Musick threatened to “take out” anyone who touched him. The nurse was able to calm him down and convince him to get back into his bed, but she said that he continued to be verbally abusive throughout the shift.
​As Nina leads Olivia down the hall to Mr. Musick’s room, he is heard yelling at a nurse, “You people are incompetent. That is why I’m still here after 3 days! I’m getting worse, not better!”
1. How would you characterize Mr. Musick’s coping skills? Does he seem to be a patient with healthy coping skills who is simply overwhelmed by current circumstances? Or do you think he had marginal coping skills before coming to the hospital? Explain.
2. If Mr. Musick continues to verbally abuse the nurses, do you think it would be more effective for the nurses to try to ignore his outbursts to avoid further escalation or to challenge his behavior? Explain.
3. Are anger and aggressive behavior becoming more common? Or do we simply see it more often because more of our words, actions, and demeanor are recorded in this age of smart phones and social media?

In: Nursing

Write a 350- to 700-word analysis assessing how 1 of the following major economic events influenced...

Write a 350- to 700-word analysis assessing how 1 of the following major economic events influenced supply, demand, and economic equilibrium in the US economic activity:

  • Rapid price increases, such as caused by the 1973 oil embargo or the aftermath of a major hurricane
  • Dramatic employment drops, such as the combined impact of the 2006 housing bubble burst and the subsequent Great Recession
  • Crippling interest rates by the Federal Reserve, such as those of the 1975 – 1985 time period
  • Collapse of the Soviet Union in 1991 and the end of the Cold War, and the “peace dividend”
  • The dot-com bubble from 1994 to 2000, and the subsequent dot-com crash

In: Economics

Make 350 mL of 43 mM sodium phosphate buffer, pH 7.0 without titrating with NaOH or...

Make 350 mL of 43 mM sodium phosphate buffer, pH 7.0 without titrating with NaOH or HCI. Show your calculations, which 2 species of sodium phosphate you choose (species are H3PO4, NaH2PO4, Na2HPO4, and Na3PO4; dissociation pKa’s are 2.16, 7.21, and 12.32), and how much of each you weighed out. Check and read your final pH.

In: Chemistry

Emerald Ltd, a manufacturing company, commenced operations on 1 July 2016 by issuing 350 000 $5.00...

Emerald Ltd, a manufacturing company, commenced operations on 1 July 2016 by issuing 350 000 $5.00 shares, payable in full on application on a first-come, first-served basis. By 31 July 2016 the shares were fully subscribed and duly allotted. There were share issue costs of $10 000. No additional shares were issued during the year ending 30 June 2017.

For the year ending 30 June 2018, the company recorded the following aggregate transactions:

$

Sales

5 120 000

Interest income

34 000

Sundry income

25 000

Cost of Sales

2 465 000

Employee benefit expenses

856 000

Depreciation expense

244 000

Amortisation - franchise

25 000

Rental expense

120 000

Advertising expense

147 000

Insurance expense

48 000

Freight out expense

110 000

Doubtful debts expense

16 000

Interest expense

36 000

Borrowing Costs

9 000

Other expenses

8 000

Income tax expense

320 000

The following additional information was noted during the preparation of financial statements for the year ended 30 June 2018:

75 000 fully paid ordinary shares have been issued on 1 October 2017 at the price of $4.00.

$135 000 dividends (31.76 cents per share) were declared and paid during the 2018 financial year. A final dividend for 2018 of $51 850 was proposed but not recognised in the financial statements.

There was a gain of $20 000 from the cash flow hedge arrangement during the 2018 financial year. Any gain or loss associated with the cash flow hedge is directly recognised in equity. There was no previously recognised cash flow hedge reserve before the 2018 financial year.

$25 000 of bank loans is repayable within 1 year.

$90 000 of other loans is repayable within 1 year.

The employee benefits of $32 000 are expected to be settled wholly within 12 months.

Emerald Ltd measures inventory at the lower of cost and net realizable value and property, plant and equipment using a cost model.

The summarised balances are provided below:

Year-end balances, 30 June 2018

$

Cash on hand

960 000

Cash on deposit, at call

82 000

Accounts Receivables

665 000

Allowance for doubtful debts/ Impairments

24 000

Other debtors

27 000

Finished goods inventories, 30 June 2018

600 000

Work in Progress inventories 30 June 2018

105 000

Land

94 000

Buildings

230 000

Accumulated depreciation – buildings

60 000

Plant and equipment

1 385 000

Accumulated depreciation – plant and equipment

330 000

Franchises

140 000

Accumulated amortisation of franchise

50 000

Goodwill

620 000

Bank loans

92 000

Other loans

440 000

Accounts payable

696 000

Provision for employee benefits

116 000

Income tax payable

35 000

Deferred tax liability

140 000

Retained earnings, 30 June 2017

225 000

Dividends paid

135 000

Cash flow hedge reserve (equity)

20 000

Required:

For the year ending 30 June, 2018,

Using the pro forma table supplied in appendix B, prepare a preliminary trial balance for Emerald Ltd;   (5 Marks)

APPENDIX B

Emerald Ltd - Trial Balance as at 30 June 2018

DR

CR

Sales

$’000

$’000

Interest income

Sundry income

Cost of sales

Employee benefit expenses

Depreciation expense

Amortisation - franchise

Rental expense

Advertising expense (selling)

Insurance expense

Freight out expense

Doubtful debts expense

Interest expense

Borrowing costs

Other expenses

Income tax expense

Cash on hand

Cash on deposit, at call

Accounts Receivables

Allowance for doubtful debts/ Impairments

Other debtors

Finished goods inventories, 30 June 2018

Work in Progress inventories 30 June 2018

Land

Buildings

Accumulated depreciation – buildings

Plant and equipment

Accumulated depreciation – plant and equipment

Franchise

Accumulated amortisation of franchise

Goodwill

Bank loans

Other loans

Accounts payable

Provision for employee benefits

Income tax payable

Deferred tax liability

Retained earnings, 30 June 2017

Dividends paid

Cash flow hedge reserve

Share capital

Totals

In: Accounting

Emerald Ltd, a manufacturing company, commenced operations on 1 July 2016 by issuing 350 000 $5.00...

Emerald Ltd, a manufacturing company, commenced operations on 1 July 2016 by issuing 350 000 $5.00 shares, payable in full on application on a first-come, first-served basis. By 31 July 2016 the shares were fully subscribed and duly allotted. There were share issue costs of $10 000. No additional shares were issued during the year ending 30 June 2017.

For the year ending 30 June 2018, the company recorded the following aggregate transactions:

$

Sales

5 120 000

Interest income

34 000

Sundry income

25 000

Cost of Sales

2 465 000

Employee benefit expenses

856 000

Depreciation expense

244 000

Amortisation - franchise

25 000

Rental expense

120 000

Advertising expense

147 000

Insurance expense

48 000

Freight out expense

110 000

Doubtful debts expense

16 000

Interest expense

36 000

Borrowing Costs

9 000

Other expenses

8 000

Income tax expense

320 000

The following additional information was noted during the preparation of financial statements for the year ended 30 June 2018:

75 000 fully paid ordinary shares have been issued on 1 October 2017 at the price of $4.00.

$135 000 dividends (31.76 cents per share) were declared and paid during the 2018 financial year. A final dividend for 2018 of $51 850 was proposed but not recognised in the financial statements.

There was a gain of $20 000 from the cash flow hedge arrangement during the 2018 financial year. Any gain or loss associated with the cash flow hedge is directly recognised in equity. There was no previously recognised cash flow hedge reserve before the 2018 financial year.

$25 000 of bank loans is repayable within 1 year.

$90 000 of other loans is repayable within 1 year.

The employee benefits of $32 000 are expected to be settled wholly within 12 months.

Emerald Ltd measures inventory at the lower of cost and net realizable value and property, plant and equipment using a cost model.

The summarised balances are provided below:

Year-end balances, 30 June 2018

$

Cash on hand

960 000

Cash on deposit, at call

82 000

Accounts Receivables

665 000

Allowance for doubtful debts/ Impairments

24 000

Other debtors

27 000

Finished goods inventories, 30 June 2018

600 000

Work in Progress inventories 30 June 2018

105 000

Land

94 000

Buildings

230 000

Accumulated depreciation – buildings

60 000

Plant and equipment

1 385 000

Accumulated depreciation – plant and equipment

330 000

Franchises

140 000

Accumulated amortisation of franchise

50 000

Goodwill

620 000

Bank loans

92 000

Other loans

440 000

Accounts payable

696 000

Provision for employee benefits

116 000

Income tax payable

35 000

Deferred tax liability

140 000

Retained earnings, 30 June 2017

225 000

Dividends paid

135 000

Cash flow hedge reserve (equity)

20 000

Prepare a statement of profit or loss and comprehensive income for Emerald Ltd in accordance with the requirements of AASB 101. Emerald Ltd uses the single statement format for the statement of comprehensive income and classifies expenses by function within the statement;  

In: Accounting

Emerald Ltd, a manufacturing company, commenced operations on 1 July 2016 by issuing 350 000 $5.00...

Emerald Ltd, a manufacturing company, commenced operations on 1 July 2016 by issuing 350 000 $5.00 shares, payable in full on application on a first-come, first-served basis. By 31 July 2016 the shares were fully subscribed and duly allotted. There were share issue costs of $10 000. No additional shares were issued during the year ending 30 June 2017.

For the year ending 30 June 2018, the company recorded the following aggregate transactions:

$

Sales

5 120 000

Interest income

34 000

Sundry income

25 000

Cost of Sales

2 465 000

Employee benefit expenses

856 000

Depreciation expense

244 000

Amortisation - franchise

25 000

Rental expense

120 000

Advertising expense

147 000

Insurance expense

48 000

Freight out expense

110 000

Doubtful debts expense

16 000

Interest expense

36 000

Borrowing Costs

9 000

Other expenses

8 000

Income tax expense

320 000

The following additional information was noted during the preparation of financial statements for the year ended 30 June 2018:

75 000 fully paid ordinary shares have been issued on 1 October 2017 at the price of $4.00.

$135 000 dividends (31.76 cents per share) were declared and paid during the 2018 financial year. A final dividend for 2018 of $51 850 was proposed but not recognised in the financial statements.

There was a gain of $20 000 from the cash flow hedge arrangement during the 2018 financial year. Any gain or loss associated with the cash flow hedge is directly recognised in equity. There was no previously recognised cash flow hedge reserve before the 2018 financial year.

$25 000 of bank loans is repayable within 1 year.

$90 000 of other loans is repayable within 1 year.

The employee benefits of $32 000 are expected to be settled wholly within 12 months.

Emerald Ltd measures inventory at the lower of cost and net realizable value and property, plant and equipment using a cost model.

The summarised balances are provided below:

Year-end balances, 30 June 2018

$

Cash on hand

960 000

Cash on deposit, at call

82 000

Accounts Receivables

665 000

Allowance for doubtful debts/ Impairments

24 000

Other debtors

27 000

Finished goods inventories, 30 June 2018

600 000

Work in Progress inventories 30 June 2018

105 000

Land

94 000

Buildings

230 000

Accumulated depreciation – buildings

60 000

Plant and equipment

1 385 000

Accumulated depreciation – plant and equipment

330 000

Franchises

140 000

Accumulated amortisation of franchise

50 000

Goodwill

620 000

Bank loans

92 000

Other loans

440 000

Accounts payable

696 000

Provision for employee benefits

116 000

Income tax payable

35 000

Deferred tax liability

140 000

Retained earnings, 30 June 2017

225 000

Dividends paid

135 000

Cash flow hedge reserve (equity)

20 000

Prepare appropriate notes to the accounts. (You do not need to prepare notes related to income taxes. Include the following note as note 1. You may optionally add accounting policies to this note): .

In: Accounting

Emerald Ltd, a manufacturing company, commenced operations on 1 July 2016 by issuing 350 000 $5.00...

Emerald Ltd, a manufacturing company, commenced operations on 1 July 2016 by issuing 350 000 $5.00 shares, payable in full on application on a first-come, first-served basis. By 31 July 2016 the shares were fully subscribed and duly allotted. There were share issue costs of $10 000. No additional shares were issued during the year ending 30 June 2017.

For the year ending 30 June 2018, the company recorded the following aggregate transactions:

$

Sales

5 120 000

Interest income

34 000

Sundry income

25 000

Cost of Sales

2 465 000

Employee benefit expenses

856 000

Depreciation expense

244 000

Amortisation - franchise

25 000

Rental expense

120 000

Advertising expense

147 000

Insurance expense

48 000

Freight out expense

110 000

Doubtful debts expense

16 000

Interest expense

36 000

Borrowing Costs

9 000

Other expenses

8 000

Income tax expense

320 000

The following additional information was noted during the preparation of financial statements for the year ended 30 June 2018:

75 000 fully paid ordinary shares have been issued on 1 October 2017 at the price of $4.00.

$135 000 dividends (31.76 cents per share) were declared and paid during the 2018 financial year. A final dividend for 2018 of $51 850 was proposed but not recognised in the financial statements.

There was a gain of $20 000 from the cash flow hedge arrangement during the 2018 financial year. Any gain or loss associated with the cash flow hedge is directly recognised in equity. There was no previously recognised cash flow hedge reserve before the 2018 financial year.

$25 000 of bank loans is repayable within 1 year.

$90 000 of other loans is repayable within 1 year.

The employee benefits of $32 000 are expected to be settled wholly within 12 months.

Emerald Ltd measures inventory at the lower of cost and net realizable value and property, plant and equipment using a cost model.

The summarised balances are provided below:

Year-end balances, 30 June 2018

$

Cash on hand

960 000

Cash on deposit, at call

82 000

Accounts Receivables

665 000

Allowance for doubtful debts/ Impairments

24 000

Other debtors

27 000

Finished goods inventories, 30 June 2018

600 000

Work in Progress inventories 30 June 2018

105 000

Land

94 000

Buildings

230 000

Accumulated depreciation – buildings

60 000

Plant and equipment

1 385 000

Accumulated depreciation – plant and equipment

330 000

Franchises

140 000

Accumulated amortisation of franchise

50 000

Goodwill

620 000

Bank loans

92 000

Other loans

440 000

Accounts payable

696 000

Provision for employee benefits

116 000

Income tax payable

35 000

Deferred tax liability

140 000

Retained earnings, 30 June 2017

225 000

Dividends paid

135 000

Cash flow hedge reserve (equity)

20 000

Prepare a statement of changes in equity for Emerald Ltd in accordance with the requirements of AASB 101;

In: Accounting