1. Mars is considered favorable for human habitation because
A. the length of day and year are similar to Earth
B. Mars has seasons like Earth
C. Mars tilts on an axis of rotation like Earth
D. all of the above
2. The mind is altered by each new event it encounters.
true
false
3. The neocortex overrides the primitive actions of the reptilian brain and limbic system, giving rise to rational thinking.
true
false
4. Warming Mars could be accomplished by
A. using PFCs
B. positioning mirrors to reflect sunlight onto the planet
C. transferring nitrogen from Venus or Titan
D. all of the above
In: Biology
In: Finance
Shelly is a healthy 12 year-old that is heavily involved in competitive gymnastics. At a recent meet she fell and broke her right arm. Upon X-ray it revealed a compound radial-ulnar fracture which was treated with an open reduction procedure. However, she had to remain in the hospital for 10 days due to an infection in the area of the skin breakage. Currently she is undergoing physical therapy to help regain full movement and muscle tone.
Please respond to each of the following in your reply:
In: Nursing
Sandy Corp. projects that it will have taxable income of $208,000 for the year before paying any fringe benefits. Assume Karen, Sandy’s sole shareholder, has a marginal tax rate of 35 percent on ordinary income and 15 percent on dividend income. Assume Sandy’s tax rate is 35 percent.
a. What is the amount of the overall tax (corporate level + shareholder level) on Sandy’s $208,000 of pre-benefit income if Sandy Corp. does not pay out any fringe benefits and distributes all of its after-tax earnings to Karen (ignore the net investment income tax)?
b. What is the amount of the overall tax on Sandy’s $208,000 of pre-benefit income if Sandy Corp. pays Karen’s adoption expenses of $10,000 and the payment is considered to be a nontaxable fringe benefit (ignore the net investment income tax)? Sandy Corp. distributes all of its after-tax earnings to Karen.
c. What is the amount of the overall tax on Sandy’s $208,000 of pre-benefit income if Sandy Corp. pays Karen’s adoption expenses of $10,000 and the payment is considered to be a taxable fringe benefit (ignore the net investment income tax and the additional Medicare tax)? Sandy Corp. distributes all of its after-tax earnings to Karen.
In: Accounting
At the beginning of the year, Lopez Company had the following standard cost sheet for one of it's chemical products:
Direct Materials (4 lbs @ $2.80) - $11.20
Direct Labor (2 hrs @ $18.00) - 36.00
FOH (2 hrs @ $5.20) - 10.40
VOH (2 hrs @ $0.70) - 1.40
Standard Cost Per Unit - $59.00
Lopez computes its overhead rates using practical volume, which is 90,000 units.
The actual results for the year are as follows:
(a) units produced: 88,000
(b) direct labor: 170,000 hours
(c) FOH: $930,000 and
(d) VOH: $125,000
1. Compute the variable overhead spending variance.
2. Compute the variable overhead efficiency variance.
3. Compute the fixed overhead spending variance.
4. Compute the fixed overhead volume variance.
In: Accounting
Bob the Builder purchased a land and building in Year 6 for $4,000,000. $1.6 million of the purchase price was allocated to the land, and the balance to the building. At the time of the purchase it was estimated that the building would have a useful life of 40 years but no residual value.
In Year 18, Bob exchanged the land and building for a piece of undeveloped land. The fair market value of the assets given up was estimated to be $6.2 million and the fair value of the land to be received was $6.1 million. To make up the difference in the fair values of the assets exchanged, Bob also received $100,000 cash
Bob depreciates his buildings using the straight-line method. Bob adopts half-year convention for depreciation.
(1) Prepare the journal entry to record the exchange of the asset in Year 18, for Bob the Builder, assuming that the transaction has commercial substance (general case).
(2) Prepare the journal entry to record the exchange of the asset in Year 18, for Bob the Builder, assuming that the transaction lacks commercial substance (exception case).
In: Accounting
Mr. A., a 67 year old African American male is here at the
clinic for medication refill and annual physical exam. He doesn't
remember all of his meds since he didn't write them down, but he
remebers taking St. John's Wort over the counter, ASA 81mg daily,
Digoxin 0.125mg daily. He has a history of Rheumatic Heart Disease,
Mitral valve replacement with mechanical device, and heart failure.
He reported today that he has been feeling easily tired today. He
has 2+ pitting edema in both legs. He also c/o pain when he walks
but the pain subsides when he stopped working. The doctor just gave
him an order for outpatient Chest xray. In the meantime, the doctor
examined the patient and found the following:
VS--96.8, 24, 66, 136/88, sats on RA--90%; crackles bilateral lower
lobes, 2+ edema of the legs,
abd tenderness, and dyspnea with exertion. Lower 1/3 of lower legs
are shiny, cool to touch, and hairless w/ dark discoloration
make a care plan with 4 subjective and objective data and also 6 interventions
In: Nursing
Phillip is planning on opening an electronics store. He will run it for only 1 year. The initial cost for opening a store is 500K and it will generate an EBIT of 800k at the end of year for sure. Risk-free rate is 5%, tax rate is 35%. Suppose John’s current wealth is 50k. He can borrow money from a bank. Bank knows that his electronic store will generate EBIT of 800k at the end of year for sure.
In this situation, would he want to open the electronic store?
What is the value of his equity of the electronic (at t=0) if he opens it?
If he opens the restaurant at t=0 and sells the entire ownership of the electronic store to Zach at t=0, with what price can Phillip sell the ownership? How much return did Phillip make relative to his investment at t=0?
In: Accounting
Phillip is planning on opening an electronics store. He will run it for only 1 year. The initial cost for opening a store is 500K and it will generate an EBIT of 800k at the end of year for sure. Risk-free rate is 5%, tax rate is 35%. Suppose Phillip has enough wealth to cover the initial cost of 500k. Assume that he can’t borrow money.
In this situation, would he want to open the electronic store? What is the value of his equity of the electronic store (at t=0) if he opens it?
If he opens the restaurant at t=0 and sell entire ownership of the electronic store to Zach at t=0, with what price can Phillip sell the ownership? How much return did Phillip make relative to his initial investment at t=0?
In: Accounting
In: Accounting