Company a & b require $50 million for a 3 year period. To reduce their financing needs, Company A would like to borrow at a fixed rate, whereas Company B would prefer to borrow at a floating rate. The cost to each party of accessing either the fixed or floating rates for a 3 year debt issue is as follows:
|
Borrower |
Fixed rate available |
Floating Rate available |
|
A |
8.5% |
Prime+ 1.0% |
|
B |
7.5% |
Prime+ 0.5% |
Set up an interest rate swap. Both companies share equally from the interest rate differential with the investment bank keeping 0.10%.
In: Finance
An 80 year old lady named Mary presented admitted to a
unit came in with a fractured leg. She is 5 foot 7 and 165 pounds.
Vital signs on arrival are is:
Blood pressure: 162/84
Heart rate: 92
Respiratory rate: 24
Temperature taken orally: 99.2
SpO2: 96% on room air (RA)
1. Document sings of physical examination
2. What information is missing from the situation? And
ask patient.
3. What concerns would you have with the
patient?
4. What nursing interventions would you
start?
5. What discharge concerns?
In: Nursing
Consider a project to supply 100 million postage stamps per year to the USPS for the next five years. To pursue the project, you will need to install $4.1 million in new manufacturing plant and equipment. This will be depreciated straight-line to zero over the project’s five years. The equipment can be sold for $540,000 at the end of the project. You will also need $600,000 in initial net working capital for the project and an additional investment of $50,000 in every year thereafter. All net working capital will be recouped at the end of the project. Your production costs are $.005 per stamp and you have fixed costs of $950,000 per year. If your tax rate is 34% and your required return is 12%, what bid price should you submit on the contract?
In: Finance
Markus Company’s common stock sold for $1.50 per share at the end of this year. The company paid a common stock dividend of $0.39 per share this year. It also provided the following data excerpts from this year’s financial statements:
| Ending Balance |
Beginning Balance |
|||
| Cash | $ | 24,500 | $ | 40,800 |
| Accounts receivable | $ | 42,000 | $ | 38,800 |
| Inventory | $ | 42,400 | $ | 42,000 |
| Current assets | $ | 108,900 | $ | 121,600 |
| Total assets | $ | 302,000 | $ | 242,800 |
| Current liabilities | $ | 46,500 | $ | 31,500 |
| Total liabilities | $ | 92,000 | $ | 82,800 |
| Common stock, $1 par value | $ | 107,000 | $ | 107,000 |
| Total stockholders’ equity | $ | 210,000 | $ | 160,000 |
| Total liabilities and stockholders’ equity | $ | 302,000 | $ | 242,800 |
| This Year | ||
| Sales (all on account) | $ | 480,000 |
| Cost of goods sold | $ | 278,400 |
| Gross margin | $ | 201,600 |
| Net operating income | $ | 32,500 |
| Interest expense | $ | 2,000 |
| Net income | $ | 21,350 |
A. What is the earnings per share? (Round your answer to 2 decimal places.)
B. What is the dividend payout ratio and the dividend yield ratio? (Do not round intermediate calculations. Round your answer to the nearest whole percentage place. i.e., 0.1234 should be considered as 12%.)
C. 10. What is the inventory turnover and the average sale period? (Use 365 days in a year. Round your intermediate and final answers to 2 decimal places.)
D. What is the company’s operating cycle?
In: Accounting
The following are the cash flows of two projects: Year Project A Project B 0 −$ 290 −$ 290 1 170 190 2 170 190 3 170 190 4 170 If the opportunity cost of capital is 11%, what is the profitability index for each project? (Do not round intermediate calculations. Round your answers to 4 decimal places.)
In: Finance
3. Irving Electronics is considering the issuance of a 20-year convertible bond that will be priced at par value of $1,000 per bond. The bonds carry a 12% annual coupon interest rate and can be converted into 40 common shares. The shares are currently priced at $20 per share, with an expected annual dividend of $3 and is growing at a constant 5% annual rate. The bonds are callable after 10 years at $1,050, with the price declining by $5 per year. If, after 10 years, the conversion exceeds the call price by at least 20%, management is likely to call the bonds. What is the conversion price?
4. Refer to problem 3 above. If the yield-to-maturity on the non-convertible bonds of similar risk is 16%, what is the straight debt value of this convertible bond?
5. Refer to problem 3 above. If an investor expects the bond issue to be called in year 10 and he or she plans on converting it at that time, what is the investor’s expected rate of return upon conversion?
In: Finance
Eric Smith is a 17 year old male who was involved in a fight with another teenager. During the fight, the alleged teenager picked up Eric and threw him to the ground. Eric landed on his neck, attempted to get up, but was unable to move. Eric stated that he was unable to move and witnesses called 911. The paramedics responded immediately, applied a cervical collar, placed him on a transfer board, and transported him to the Harper Medical Center emergency department.
Subjective Data:
· “I can’t move my legs”.
· “I landed on my neck”.
Objective data:
Physical Examination
· Cardiovascular: B/P - 80/60 AP – 42/regular RR – 24/min O2 sat – 95% Carotid pulse felt but weak radial and femoral pulse palpated - 1+/1+
· Temperature: 94.2
· No anal sphincter tone present.
· Ecchymosis noted on right upper arm and scapular area
· Abrasions noted on face, right arm and back
· No movement, sensation or pain noted in right or left leg
· No movement, sensation or response to painful stimuli bilaterally in upper extremities.
Diagnostic Studies:
CT scan reveals fracture in C5
Laboratory values:
All labs within normal limits
Type and crossmatch: B negative Antibody screen – negative
1. Upon arrival to the emergency room, the triage nurse assesses the situation and deems that this is ______________________________________________. What should the triage nurse do next?
2. What is the data obtained from the primary assessment?
3. What is the data that is obtained from the secondary assessment?
4. What is the diagnosis that the nurse suspects and why does it occur? Interpret and explain all the data presented and its significance.
5. What are some other causes of this diagnosis and what is your role in preventing it in other patients?
6. What are the initial nursing responsibilities?
7. What nursing assessments are essential and at what frequency should they be performed?
8. List and prioritize three nursing diagnoses for this patient.
9. What are some other collaborative problems that may occur?
10. Document your findings on the flow sheet and also document your findings using narrative format.
In: Nursing
1) In a given year the nominal growth rate is 7% with inflation and population growth rates of 2% and 1.2% respectively, then real growth rate of GDP per capita is:
A. 3.8%.
B. 5.0 %.
C. 5.8%.
D. 7.0 %.
2) You purchase a bag of chocolate chips for $3, a bag of flour for $1, a bag of sugar for $.50, a half dozen eggs for $.50, and a half pound of butter for $2. You use all these ingredients to make three dozen cookies. Your roommate offers you $15 for them, and you happily accept. How much does this process contribute to GDP?
A. $7
B. $15
C. $22
D. $8
Please show how to calculate.
In: Economics
D. Fred presents with a 3-year history of pain and itching of the toes of both feet and of his left palm and fingers. Small red lesions are visible on the left fingers. He is in good health and training for college athletic teams in baseball, volleyball and swimming. During the 3 years, Fred has been using his medication sporadically and has now returned to the clinic since the condition is no longer responding to the current medication. Direct examination of palm skin scrapings with calcofluor reveals septate, nonpigmented hyphae, some coiled. A PDA culture of scrapings from Fred's feet grew a white fungus with thin-walled macroconidia and numerous microconidia.
9. What is wrong with Fred and how did he likely get it?
10. Describe the usual treatment for this condition? Why was it not working for Fred?
In: Nursing
What are the advantages and disadvantages of a firm using the same external auditors year after year? What are the advantages and disadvantages of firms changing external auditors every few years?
In: Accounting