Let the number of tropical cyclones per year in the Atlantic Basin (?) have a discrete uniform between 5 to 15; i.e. ? ∈ {5, 6, … , 15} with ?_X(?) = 1 /11. If each cyclone can turn into a major hurricane with probability 0.3; find the expected number of major hurricanes per year (?). Hint: Use the Law of Interated Expectation; ?[?] = ?[?[?|?]].

The firm is planning to invest up to £65 million next year. The information about the available investment projects is given in the table below.

Assuming the projects are not divisible, use the profitability index(PI) as a criterion to determine the value-maximizing combination of projects. Show the calculations of the profitability indexes in the final column of the table.

Brighton investment is a Singapore resident company which had the following incomes for the year.

$

Trading profits in Singapore 1,500,000

Fixed deposit interest [UOB Singapore] 44,000

Gross royalty income for foreign countries:

- China 112,000

- Hong Kong 155,000

- Malaysia 35,000

- India 23,000

All the above foreign sourced income was remitted into Singapore on December 2019. Singapore has tax treaties with China, Malaysia and India but no treaty with Hong Kong. The withholding tax rates in foreign countries are: Malaysia - 8%

Hong Kong - 5.5%

China - 10%

India - 10%

Determine the final tax liability for Brighton Pte Ltd for the year of assessment 2020 after allowing the partial exemptions.

Markus Company’s common stock sold for $5.25 per share at the end of this year. The company paid a common stock dividend of $0.63 per share this year. It also provided the following data excerpts from this year’s financial statements:     

1. What is the company’s operating cycle?

a.What is the total asset turnover?

b. What is the times interest earned ratio?

c. What is the debt-to-equity ratio at the end of this year?

d. What is the equity multiplier?

Prepare a comprehensive operational budget for Under Armour’s annual report for the year 2017 and for the coming year assuming a 20% increase in sales. Prepare a comprehensive financial budget for Under Armour’s annual report for the year 2017 and for the coming year assuming a 20% increase in sales. Budget should include income statement for the current year, showing the percentage of sales method. Budget should reflect profit/loss for the coming year, using the Income Statement usder the percentatge of sales method.

Annual report link http://files.shareholder.com/downloads/UARM/6363326125x0x975316/629B335B-1D9C-4AB2-918C-999D4C9A5555/2017_UA_Annual_Report.pdf

What is the return to the general partner assuming a one-year investment with the following parameters? Investment amount: $100,000. Exit price: $115,000. Interest only debt at 50% LTV and 6% interest. NOI of $8,000. Preferred equity of $25,000 and a preferred rate of 10% with 25% of profits above a 10% IRR going to the preferred equity.

Justin Company is in the process of preparing its budget for next year. Cost of goods sold has been estimated at 60 percent of sales. Merchandise purchases are to be made during the month preceding the month of the sales. Button pays 60 percent in the month of purchase and 40 percent in the month following. Wages are estimated at 20 percent of sales and are paid during the month of sale. Other operating costs amounting to 10 percent of sales are to be paid in the month following the sale.

Month                          Sales Revenue

December                     $170,000

January                         250,000

February                       120,000

March                          200,000

April                            160,000

Prepare a schedule of cash disbursements for January, February, and March

TM is a 38 year old male with ulcerative colitis admitted to the medical unit at the hospital for acute exacerbation of the disease. This is his second admission in the last six months. TM says he is frustrated with this disease. In the last week TM has had 15-20 diarrhea episodes a day. He needs to hurry to the bathroom often throughout the day and night. He reports sleeping only an hour at a time at night and trouble staying awake at work. He also reports nausea and vomiting in the last three days along with increasing abdominal pain. His bowel movement at time of admission appears loose, bloody and has a large amount of mucous. His vital signs include: BP 98/64, HR 96, RR 22, T 100.8˚F (38.2˚C), O2Sat 98% on RA. He is 5’8” and weighs 125 lbs.

1. Which assessment values are indicative of ulcerative colitis?

The physician orders the following labs: CBC w/differential, Chem panel, stool analysis.

2. What abnormalities do you expect and why?

The nurse assigns the nursing diagnosis of Deficient Fluid Volume related to diarrhea as evidenced by reported diarrhea, hypotension and elevated pulse. 3. What assessments will the nurse perform to monitor TM’s fluid status?

Following are several transactions involving a university. In the current fiscal year, the university was notified by the federal government that next fiscal year it would receive a $500,000 grant for wetlands research. The university received a $500,000 endowment. For the fiscal year, the university recorded $2,500,000 in tuition and fees revenue. Cash refunds of $325,000 were given. The university provided $12,600 in tuition waivers for students with outstanding academic performance. During the year, the university constructed a new street, to allow for the expansion of its student housing efforts. The cost of the street was $1,980,000. The biology department spent $25,000 on wetlands research. At year-end, $1,670 of estimated uncollectible tuition and fees was recorded. Required Prepare journal entries to record the foregoing transactions, assuming the university is a private institution. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)Following are several transactions involving a university. In the current fiscal year, the university was notified by the federal government that next fiscal year it would receive a $500,000 grant for wetlands research. The university received a $500,000 endowment. For the fiscal year, the university recorded $2,500,000 in tuition and fees revenue. Cash refunds of $325,000 were given. The university provided $12,600 in tuition waivers for students with outstanding academic performance. During the year, the university constructed a new street, to allow for the expansion of its student housing efforts. The cost of the street was $1,980,000. The biology department spent $25,000 on wetlands research. At year-end, $1,670 of estimated uncollectible tuition and fees was recorded. Required Prepare journal entries to record the foregoing transactions, assuming the university is a private institution. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)

a. In the current fiscal year, the university was notified by the federal government that next fiscal year it would receive a $500,000 grant for wetlands research.

Note: Enter debits before credits.

b.The university received a $500,000 endowment.

Note: Enter debits before credits.

c. Record the receipt of tuition and fees revenue.

Note: Enter debits before credits.