The following information was taken from the records of Skysong Inc. for the year 2017: Income tax applicable to income from continuing operations $213,724; income tax applicable to loss on discontinued operations $28,186, and unrealized holding gain on available-for-sale securities (net of tax) $23,100. Gain on sale of equipment $97,400 Cash dividends declared $153,000 Loss on discontinued operations 82,900 Retained earnings January 1, 2017 542,500 Administrative expenses 246,100 Cost of goods sold 894,100 Rent revenue 42,300 Selling expenses 322,400 Loss on write-down of inventory 61,700 Sales Revenue 2,013,200 Shares outstanding during 2017 were 90,400.

1. Prepare a multiple-step income statement.

2. Prepare a comprehensive income statement for 2017, using the two statement format.

3. Prepare a retained earnings statement for 2017.

Compare the risks and returns of a 10-year bond, a preferred stock and a common stock issued by a listed company. Explain the reason(s).

3. In a metropolitan hospital, a researcher in the Maternity Ward reported one-year data on the length of newly born babies. The mean and standard deviation of the Normal curve describing the distribution of length of the babies were 48 cm and 5.2 cm, respectively. Show your calculations.

What is the likelihood (i.e., probability) that a randomly selected baby would have a length of at least 70 cm?

What is the likelihood that a randomly selected baby would have a length between 40 cm and 60 cm?

For the current year, LNS corporation reported the following taxable income at the end of its first, second, and third quarters.

Quarter-End Cumulative Taxable Income

First $1,550,000

Second 2,560,000

Third 3,390,000

What are LNS’s minimum first, second, third, and fourth quarter estimated tax payments determined using the annualized income method? (Enter all amounts as positive values. Leave no answer blank. Enter zero if applicable. Round "Annualization Factor" for Fourth quarter to 7 places. Round other intermediate computations and final answers to the nearest whole dollar amount.)

Please fill the blank columns?

A family of four that is made up from a 2 and 8 year old plus their parents were traveling from Europe to the USA. On the way it was noticed that the 8 year old boy is having fever, headache and his head was tilting to the right in addition there was some form of rash developing on his hands and feet. Their father was feeling very fatigued with flu like symptoms that included a headache and tilting of the head with a pain in their neck. A rash was noticed on the father’s hands and some areas of his feet. The other two members of the family were doing very well. Upon arrival to the USA both the child and his father were admitted to the hospital. A spinal tap reflected the presences of Neisseria meningitidis in their CSF. The rash has spread more in the 8 year old but it is no longer showing on his father. They have all been vaccinated against this bacteria.

I. Explain the pathogenesis of the diseases in both the 8 year old and the father and why their symptoms differ.

II. Explain why the mother and the 2 year old did not have any symptoms of the disease.

III. Explain your method of treatment for both ill members and what precautions if any would take to protect the mother and the 2 year old.

Ironwood Bank is offering a 30?-year mortgage with an APR of 5.90 % based on monthly compounding. If you plan to borrow $ 165,000?, what will be your monthly? payment?

What is the price of a 15-year, $1000 par value bond with a 7% coupon that pays interest seminannually if we assume that its yield to maturity is 8%? What would be the price of the bond if its YTM were 9%? Compute the percentage change in price: (new price - initial price) / initial price. Repeat the exercise for a 10-year, $1000 bond with a 7% coupon paying interest semiannually using the same two yields. What do you notice about the percentage change in price for the 10-year bond versus that for the 15-year bond?

Q1. The price of a stock is $40. The price of a 1-year European put option on the stock with a strike of $30 is quoted as $7 and the price of a 1-year European call option on the stock with a strike of $50 is quoted as $5. Suppose that an investor buys 100 shares, shorts 100 call options, and buys 100 put options. Draw a diagram illustrating how the investor’s P&L varies with the stock price over the next year.

Q2. Stock in CP Inc. is currently priced at $50 per share. A call option with a $50 strike and 90 days to maturity is quoted at $1.95. Compare the percentage gains and losses from a $97,500 investment in stock versus the option in 90 days for stock prices of $40, $50, and $60.

Jake deposits 5000 at the end of each year in an investment fund earning an annual effective interest rate of 11.6%. The interest from this investment fund is paid at the end of each year into a savings account which earns an annual effective interest rate of 2.1%.

Find Jake's combined total accumulated value at the end of 16 years.