Organization: Freestanding ER Services

Title: ER Operations Manager

Outline:

1. Multiple Regression: Effect of Age and General Health Status Score on Total ER Cost.
   1. Purpose
   2. Importance
   3. Variables
   4. Sample Size
   5. Hypothesis
   6. Methodology
   7. Findings
   8. Interpretations/Implications

Description of each Section

Purpose: Identify the purpose of the analysis in this section. What questions do you hope to answer?

Importance: State and explain the importance of this analysis to the department/organization. How will the findings be used?

Variables: List all variables, explain how they will be measured, and how they will be collected.

Sample Size: State your sample size and when data is collected.

Hypothesis: What are your null and alternate hypothesis?

Methodology: State the statistical method used in this section.

Findings: Copy and Paste all relevant output from Excel into this section. State your major findings from the included tables/charts.

Interpretaions/Implications: Discuss what the department/organization needs to do based on the findings.

Consider the following information. Which of the following is correct? Check all that apply.

Date: October 8, 2020.   Name: Apple Computer.   Symbol: AAPL.   Close: 116, up $1. Day high: 117. Day low: 115. Volume: 133 million shares. 10-day average volume: 139.5 million shares. Market capitalization: $2 trillion. Dividend: 2.5%. PE: 35. Beta 1.3. YTD % change: 55%.

Check All That Apply

• Annual dividends total $2.50.

  Annual dividends total $2.50.

• Earnings per share in the last four quarters was $3.31.

  Earnings per share in the last four quarters was $3.31.

• The dollar volume of shares traded October 8 was $15,428,000.

  The dollar volume of shares traded October 8 was $15,428,000.

• The stock price at the beginning of the year was $74.84. The stock price at the beginning of the year was $74.84.

• The stock is more volatile than the general market.

MULTIPLE CHOICE Question 7

All of the following are typically characteristics of an exchange-traded fund EXCEPT:

Question 8

What is the name of the type of mutual fund that invests in certificates of deposit, government securities, and other very safe and liquid assets? This type of mutual fund is low risk and low return.

Question 9

Shares of mutual funds come in different classes, depending on how and when sales charges are incurred. Which of the following share classes tends to impose the highest front-load, that is, commission charged when the shares are purchase?

​​​​​​

For the following questions the price of an S&P 500 Index Futures contract equals 250 ∙ Current S&P 500 Index Value. The margin requirement on each contract is $20,000.

Please answer the following questions:

1. At Yahoo! Finance identify the last traded value for the S&P 500 Index and the date it was last retrieved:

2. At the CME Group site obtain the next four quarterly S&P 500 Index Futures quotes:

1. Answer the following questions:
   1. Over the next four quarters are the S&P 500 Index Futures contract prices rising, falling, or flat? What does that suggest about the market expectations for the S&P 500 over the next year?
   2. Focusing on the longest dated S&P 500 Index Futures contract, i.e., the contract that expires last, what is the value of this contract?

Data are drawn from a relatively symmetric and bell shaped distribution with a mean of 30 and a standard deviation of 3.

a.) what percentage of the observations fall between 27 and 33?

b.) what percentage of the observations fall between 24 and 36?

c.) what percentage of the observations are less than 24?

Henry Baer, below, with his mother, Violet Cunningham. Baer, 39, died from an antibiotic-resistant staph infection after his bloodline had become disconnected during a dialysis treatment. (Photo courtesy of Karen Gable) Henry Baer went in for his third dialysis treatment on New Year's Eve day in 2005. It turned out to be his last. He was only 39, but years of diabetes and high blood pressure had caused Baer's kidneys to shut down. Built-up waste and fluid were causing his limbs to swell and making him short of breath. He was sent for what's called in-center hemodialysis, the most common type of dialysis, at a beige-toned clinic near his home in Prescott Valley, Ariz. His first two sessions were pretty normal. A patient-care technician hooked Baer to a machine the size of a filing cabinet, connecting it with plastic tubing to the catheter in his chest. He sat in a lounge chair, still as stone, for about four hours as the machine, whirring gently, moved his blood through a specialized filter, then returned it, cleansed of toxins. It was uncomfortable and boring. "Sis, this isn't for me," he told his older sister, Karen Gable, vowing to make himself a viable candidate for a kidney transplant. Just over two hours into his next session, Baer's incoming bloodline "became disconnected," a federal inspection report says. The attending technician panicked, "yelling and screaming hysterically." Blood sprayed onto Baer's shirt, pants, arms and hands. Then, "contrary to emergency standing orders," the report continued, she reconnected the line to Baer's catheter, infusing him with "potentially contaminated blood." By the time Mike Wright, Baer's boss at a local car dealership, picked Baer up after the treatment, he was complaining of nausea. Over the next two days, Baer spiked a fever. His wife found him in bed, having a convulsion. He was taken to the hospital, where tests later showed that his catheter had become infected with antibiotic-resistant staph. The infection moved swiftly to his heart and brain. He died a few days later, on Jan. 7, 2006, leaving behind a 2-month-old daughter.

Questions: 1. What is venous needle dislodgement (VND)?

2. What causes VND?

3. What are the consequences of VND?

4. What are the risk factors for VND?

5. How do you prevent VND?

2. Caterpillar Inc. reported its annual financial statements for the 2018 fiscal year (See the Excel sheet attached for Cat’s financials in the last 4 years). The day before the report, the firm’s market price per share closed at $127.07. For those who are not familiar with Caterpillar, here is a brief description of their business: Caterpillar Inc. is an American Fortune 100 corporation which designs, develops, engineers, manufactures, markets and sells machinery, and engines to customers via a worldwide dealer network. It is the world's largest construction equipment manufacturer. Caterpillar products and components are manufactured and sold in 110 facilities worldwide. 51 plants are located in the United States and 59 overseas plants are located in Australia, Belgium, Brazil, Canada, China, Czech Republic, England, France, Germany, Hungary, India (Chennai), Indonesia, Italy, Japan, Mexico, the Netherlands, Northern Ireland, Poland, Russia, Singapore, South Africa and Sweden. The market capitalization rate on the day before the report (Investors’ annual required rate of return given the firm’s debt/equity structure) is 32.85%, i.e. k=0.3285. Use the information provided here as well as the financial statements to answer the following questions: a) (4) What is Caterpillar’s 2018 Return on Equity (ROE)? Please use the Dupont system (Show its components) and the market-to-book method. b) (6) Find the intrinsic value per share using the Constant Dividend Discount Model. (Hint: Retained earnings for 2018 is the change in the balance of retained earnings since last year, i.e. 2018 retained earnings – 2017 retained earnings). Compare it with yesterday’s market price, is it time to add Caterpillar Inc. to our portfolio? c) (3) What is the major issue in using the constant dividend discount model when measuring the fundamental value of a firm? Use this firm as an example to illustrate your point. d) (3) In your opinion, how can Caterpillar provide growth to shareholders? And what type of macroeconomic factors/risks they are exposed to? (Think about its business line and where the growth in revenue can come from) e) (4) Find the inventory turnover ratio and average collection period for years (2018, 2017, and 2016). Comparing the ratios over the 3 years, is the company being more or less efficient in its use of assets?

KPNG Consulting has five projects to consider. Each will require time in the next four quarters according to the table below

Revenue from each project is also shown. Develop a model whose solution would maximize revenue, meet the time budget of: 28 in the 1st quarter, 20 in the 2nd quarter, 18 in the 3rd quarter and 16 in the 4th quarter; at least three projects; and not do both projects C and D. If project B is chosen, project D must be chosen.

Question 1 (1 point)

Equity-method investments (20%-50% ownership) are generally shown at their fair market value on the Balance Sheet.

A: True

B: False

Question 2 (1 point)

For Equity-Method investments (20-50% ownership), dividends received from the investee company will result in the following journal entry:

A: Dr. Cash and Cr. Investment

B: Dr. Investment and Cr. Cash

C: Dr. Investment and Cr. Dividend Revenue

D: Dr. Cash and Cr. Dividend Revenue

Question 3 (1 point)

On 1/1/20, Hershey Corporation purchases 20,000 of the 60,000 outstanding shares of CC Confectioneer for $40 per share. During 2020, CC Confectioneer reports net income of $600,000 and pays total dividends to common shareholders of $300,000. Hershey's 2020 pre-tax Net Income will be ________ because of this investment.

A: $600,000 higher

B: $200,000 higher

C: $100,000 higher

D: $300,000 higher

Question 4 (1 point)

There is usually more uncertainty about the accuracy of Level 3 investment valuations than Level 1 investment valuations.

A: True

B: False

PA10-3 Recording and Reporting Current Liabilities [LO 10-2] Lakeview Company completed the following two transactions. The annual accounting period ends December 31. On December 31, calculated the payroll, which indicates gross earnings for wages ($44,000), payroll deductions for income tax ($4,400), payroll deductions for FICA ($3,300), payroll deductions for American Cancer Society ($1,650), employer contributions for FICA (matching), and state and federal unemployment taxes ($385). Employees were paid in cash, but payments for the corresponding payroll deductions have not yet been made and employer taxes have not yet been recorded. Collected rent revenue of $5,325 on December 10 for office space that Lakeview rented to another business. The rent collected was for 30 days from December 12 to January 10 and was credited in full to Deferred Revenue. Required: 1. & 2. Prepare the journal entries to record payroll on December 31, the collection of rent on December 10 and adjusting journal entry on December 31. 3. Show how any of the liabilities related to these items should be reported on the company’s balance sheet at December 31