1. This activity investigates the production of glucose on a small scale. The following analysis demonstrates what it would take to scale up the operation

a. The test stripes measure the concentration of glucose in solution in milligrams per deciliter (mg/dL). There are 100 mL per deciliter. Calculate how many milligrams of glucose are produced in 10 mL of solution if the test strip reads 1000 mg/dL. Hint: Be sure to use conversion factors and keep track of units.

b. Assume that the pretreatment process uses 0.5 g grass and 0.5 mL enzyme to generate 500 mg/dL of glucose in 10 mL of solution. How much grass and enzyme would you need to produce 5 g of glucose?

c. Calculate how much ethanol (in liters) would be produced from 5 g of glucose, assuming that you could distill 51.1 mg of ethanol made by yeast with 1 g of glucose. The density of ethanol is 0.789 g/L.

d. Fuels in the united states are generally expressed in gallon quantities. Calculate how many gallons of ethanol would be produced from 500 g of glucose. (1 L = 0.264 U.S. gallon)

In 2014 Vail Resorts, Inc. (MTN), purchased Park City Mountain Resort for $182.5 million. Vail also announced it would invest another $115 million for resort upgrades, which included $50 million to link the Park City Mountain Resort to Vail's neighboring Canyons Resort. This would create one of the largest ski resorts in the United States, with over 7,000 acres of skiable terrain.

Interestingly, the opportunity to purchase Park City Mountain Resort arose because the previous owners missed the deadline to renew their 20-year lease of the property by two days. The unexpected option to purchase the resort led top management to engage in capital budgeting analysis to see if the massive expenditure necessary for the purchase and upgrade of the Park City Mountain Resort would pay off.

Instructions

1. What estimates would be needed for Vail to perform a net present value analysis of whether to buy the Park City Mountain Resort?

2. What uncertainties would Vail have to consider about these estimates?

3. What metrics are available to external stakeholders for use in assessing Vail's capital budgeting decisions?

Note: use proper citations when necessary.

BUSINESS LAW 1 (3 Questions)

25 . Abby hires Bob to paint her house. Bob negligently leaves a ladder on

the jobsite. A F edEx driver comes to deliver a package after dark and

trips over the ladder, badly injuring himself. The FedEx driver sues

Abby for Bob’s negligent act under the doctrine of respondeat superior .

Which of the following would be a good defense for Ab by to raise?

a) Bob did not intend to injure the FedEx driver

b) Abby did not know that Bob left the ladder there

c) Bob was an independent contractor not an employee of Abby

d) Abby did not order the package the FedEx driver was delivering;

her roommate did ____

26 . Suppose a contract contains a condition precedent. The occurrence

or satisfaction of that condition precedent:

a) renders the contract voidable

b) triggers a party’s duty to perform

c) renders the contract void ab initio

d) negates the existence of a meeting of the minds ____

2 7. The President of the United States can be a source of law by doing

which of the following?

a) a d judicating disputes between the chambers of Congress

b) creating administrative agencies

c) issuing executive orders

d) declaring laws unconstitutional ____

1.A pharmaceutical company is testing their new nicotine patch. They randomly assign 100 volunteers to use the patch and finding that 37 had quit smoking after 8 weeks. Compute the 96% confidence interval. You DO need to check CLT here.

2.For # 32 .In the United States, the population mean height for 3-year-old boys is 38 inches. Suppose a random sample of 30 non-U.S. 3-year-old boys showed a sample mean of 37.2 inches with a standard deviation of 3 inches. The boys were independently sampled. Assume that heights are Normally distributed in the population. Determine whether the population mean for non-U.S. boys is significantly different from the U.S. population mean. Use a significance level of 1%. assume that CLT applies.

The pharmaceutical company in #32 repeats their test, this time randomly assigning 125 volunteers to use the patch and finding that 49 had quit smoking after 8 weeks. Compute the 98% confidence interval, and use it to determine if you can support the company’s claim that over half of people on the patch quit smoking after 8 weeks. You do NOT need to check CLT here.

Golf-Travel, Inc. is a U.S. company that provides ... Bookmark Golf-Travel, Inc. is a U.S. company that provides travel packages for individual golfers and corporate golf outings. The company has mainly focused on U. S. customers but has decided to expand its business globally. Ben Watson, the company’s CEO, has decided that the best location for the company’s European operations is Ireland due to Ireland’s low 12.5% corporate tax rate. In January, 2013, Golf-Travel formally opened its European operations, called Europe-Golf in Portmarnock, Ireland as a wholly owned subsidiary of Golf-Travel. During 2013, the subsidiary’s performance exceeded expectations by hosting almost 400 individual golf trips and 200 corporate outings. At the end of the year, the subsidiary reported pretax income of €324,260 and the subsidiary paid Irish taxes of €40,533, leaving a net income of €283,727. Question: What FASB, GAAP, IFRS references address the tax issues of earnings of foreign subsidiaries, In particular, what are the different financial reporting issues if the company remits the earnings back to the United States versus a strategy of permanently reinvesting the earnings back into the Irish subsidiary. *** Answer must include the FASB, GAAP, IFRS references. ****

The community health nurse is preparing a program about hypertension for a local community center. The focus of the program is on the reduction of risk factors and compliance for those who have been diagnosed with high blood pressure. The target population includes older adults.

a.The nurse focuses on primary hypertension because it accounts for 90% - 95% of hypertension in the United States. What risk factors does the nurse include for this population?

Smoking, elevated LDL’s and total cholesterol, diabetes mellitus, impaired renal function, obesity, physical inactivity, age over 55, and family history of cardiovascular disease are all risk factors for high blood pressure.

b.The nurse prepares to discuss the changes in how the Seventh Report of the Joint National Committee on Prevention, Detection, Evaluation and Treatment of High Blood Pressure defines hypertension. What ranges and descriptions should the nurse include?

c.Because this is a gerontologic audience, the nurse needs to review why blood pressure increases with age. Explain how the structural and functional changes of aging contribute to higher blood pressure in the older adult.

d. What information does the nurse include about lifestyle modifications that may decrease risk of hypertension or complications associated with diagnosed hypertension?

National Debt:

During the Great Recession of 2008, there was an intentional increase in the federal government budget deficit (that concurrently led to an increase in debt). Now that we have pulled out of the Recession, many individuals feel it is time to bring the federal government's budget back into some sort of balance. Advocates of bringing the budget back into balance believe deficits impose a burden on future generations and critics of balancing the budget feel that the deficit is only one piece of fiscal policy.

From one article: The federal government should continue to run annual deficits to finance long-term investments such as infrastructure while collecting sufficient tax revenue to pay for the government's annual operations each year.

The other one says: How borrowing can be an expensive way to raise money and that the United States must constantly repay its debts.

• What do you think about that? do you feel fiscal policymakers should make balancing the government's budget a high priority? Why or why not?
• How will reducing the government budget deficit make future generations better off? How could reducing the government budget deficit harm future generations?

Explain the probable result of the following events on the currency exchange rates below (assume all other factors stay constant).

A popular movie released in the United States, but set in Spain significantly increases the number of U.S. tourists visiting Spain.

    The euro will   (Click to select)   stay constant   appreciate   depreciate  relative to the U.S. dollar.

The Federal Reserve undertakes expansionary monetary policy by cutting interest rates.

    The U.S. dollar will   (Click to select)   stay constant   depreciate   appreciate  relative to other foreign currencies.

A destructive typhoon in the Philippines increases the demand for U.S. lumber to help rebuild the country.

    The U.S. dollar will   (Click to select)   appreciate   stay constant   depreciate  relative to Philippine peso.

Disputed election results in Thailand increase the threat of political instability.

    The Thai baht will   (Click to select)   appreciate   stay constant   depreciate  relative to U.S. dollar.

There is a new discovery of massive mineral deposits in Russia

    The Russian ruble will    (Click to select)   depreciate   appreciate   stay constant  relative to other currencies.

The Mexican government decides to repay its debts by printing large sums of currency.

    The U.S. dollar will   (Click to select)   appreciate   depreciate   stay constant  relative to the Mexican peso.

High Country, Inc., produces and sells many recreational products. The company has just opened a new plant to produce a folding camp cot that will be marketed throughout the United States. The following cost and revenue data relate to May, the first month of the plant’s operation:

Management is anxious to assess the profitability of the new camp cot during the month of May.

Required:

1. Assume that the company uses absorption costing.

a. Determine the unit product cost.

b. Prepare an income statement for May.

2. Assume that the company uses variable costing.

a. Determine the unit product cost.

b. Prepare a contribution format income statement for May.

Prepare a contribution format income statement for May. Assume that the company uses variable costing.

Stocks

Instructions

Answer the following questions in a separate document. Explain how you reached the answer or show your work if a mathematical calculation is needed, or both. Submit your assignment using the assignment link.

This course requires the use of Strayer Writing Standards. For assistance and information, please refer to the Strayer Writing Standards link in the left-hand menu of your course. Check with your professor for any additional instructions.

Please respond to the following:

1. In your own words, identify two different stock exchanges in the United States. Describe the similarities and differences between the two stock exchanges. Identify one stock from each of the two stock exchanges.
2. Using the two stocks you identified, determine the free cash flow from 2015 and 2016. What inference can you draw from the companies’ free cash flow?
3. Using the 2017 and 2018 financial statements for both stocks, prepare two financial ratios for each of the following categories: liquidity ratios, asset management ratios, and profitability ratios. You should have a total of six ratios for each stock, per year. What challenges, strengths, or weaknesses do you see?