QUESTION 1

(a) ‘If there has been a breach of a material term, the innocent party may cancel the contract and claim damages’:

Advise the innocent party about the principles to sue another person to claim damages. (5 × 2 = 10)

(b) Advise members of a close corporation about the set of rules as set out in section 46 of the Close Corporation Act 69 of 1984 that governs internal relations. (5 × 2 = 10) [20]

1. Given the following information the correct rate of Return on Common Stockholders Equity would be,   Net Income $74,800, Beginning and Ending Total Stockholders’ Equity $297,000 and $323,000, Common stock dividends $10,000, Preferred stock Dividends $2,000, Total Preferred Stock, beginning $27,000 and ending 33,000

A. .32 or 32%

B. $2.60 per share

C. .26 or 26%

D. Can’t be determined from the information given

2)      Using the correct information calculate the net cash activity for the Operating Activities Section of the Cash flow statement. Increase in Cash $7,000, Net Income 48,700, purchase of equipment with the issuance of Common Stock $10,000, Loss on sale of Furniture $1,900, Reduction of Accounts Payable $11,000, Depreciation Expense $7,700 and increase in Salaries Payable $4,900, Increase in Inventory $6,200 and decrease in Accounts Receivable $2,200

A. Net cash flow of $48,200

B. Net cash flow of $46,300

C. Net cash flow of $68,400

D. Net cash flow of $44,400

3. Increase in Long Term Notes Payable would be a

A. Source of cash included in the Investing Activities section

B. Use of cash included in the investing Activities section

C. Source of cash included in the Financing Activities section

D. Use of cash included in the Financing Activities Section

1.   The CEO of the firm you work for is reading some research about the market you firm is in. He keeps coming across this concept of p-value and is perplexed by what it means. He asks you to explain it to him in a way he can understand it. (He took stats 40 years ago at an inferior university). Write up an explanation of p-value and use an example that will clearly explain this concept to him.    Remember, he basically has no background in statistics.

2. Compute the allowable MACRS, section 179 and special first year write-off for Good Corp. (GC). GC elected all write-offs unless indicated otherwise. Use exhibit 10-3 on page 10-9 for MACRS period if it is not stated in given facts.

a. In September 2019 GC purchased five fork-lifts (five-year items). Cost 200,000 each (total 1 million). GC declined section 179 and special first year write off on these items. In 2021 GC sold one of the fork lifts for 85,000. What is MACRS amounts for GC for all fork lifts until they are completely written off. What is gain or loss, if any on sale of fork lift in 2021? Is it capital or ordinary, long term or short term?

Publicly traded corporations are required to file an annual report each year. Please locate an annual report for a publicly traded corporation. In your post, attach a copy of the latest annual report you found. Summarize what the company you chose does, and state what type of business this company is in. Would the company fall under the category of a service, merchandising, or manufacturing operation? Explain how this is evident in the financial statements. Summarize what you found in this annual financial filing.

300 words

Publicly traded corporations are required to file an annual report each year. Please locate an annual report for a publicly traded corporation. In your post, attach a copy of the latest annual report you found. Summarize what the company you chose does, and state what type of business this company is in. Would the company fall under the category of a service, merchandising, or manufacturing operation? Explain how this is evident in the financial statements. Summarize what you found in this annual financial filing.

300 words

Publicly traded corporations are required to file an annual report each year. Please locate an annual report for a publicly traded corporation. In your post, attach a copy of the latest annual report you found. Summarize what the company you chose does, and state what type of business this company is in. Would the company fall under the category of a service, merchandising, or manufacturing operation? Explain how this is evident in the financial statements. Summarize what you found in this annual financial filing.

300 words

1.   Discuss ‘shared governance’ in nursing practice.

2.   Describe ‘role conflict’ and reality shock’ and explain how new nurse graduates cope with these issues.

3.   Explain ‘burnout’; Its symptoms and how it can be avoided.

4.   Discuss the interview preparedness in detail.

5.   Differentiate between primary, secondary and tertiary healthcare.