The following information is an extract from the financial statements of Extreme-Experiences Pty Ltd.

a)    Calculate the following ratios for both 2019 and 2020.

b)    Comment on the Liquidity of Extreme-Experiences using the answers in part a).

c) Which ratio measures Solvency? Provide suggestions on how to improve the Solvency of Extreme-Experiences.

Kevin retired on 1/1/2020 and started to withdraw $2500 at the end of each month from an account (which earns 2.35% interest compounded monthly) containing $439,979.16. If Kevin keeps on making the set withdrawal and the interest rate remains the same, then the account should last for ___ years. The total interest that Kevin earns from the account (from the time that he starts withdrawing the $2500 to the very last withdrawl that he makes) would be $____.

The following information is an extract from the financial statements of Extreme-Experiences Pty Ltd.

Required: Answer the following questions in the spaces provided below:

a)    Calculate the following ratios for both 2019 and 2020.

b)    Comment on the Liquidity of Extreme-Experiences using the answers in part a).

c) Which ratio measures Solvency? Provide suggestions on how to improve the Solvency of Extreme-Experiences.

The population from 1975 to 2015 are given below

1. Use the data given in the table to draw the population – time relation in X-Y graph
2. Use the Graphical extension Method to find the population in 2050
3. According to the plotted graph, use only one method (Geometric Increase method or Arithmetic Increase method) to find the population in 2050 (Explain why you select this method)
4. Use the estimated population in 2050 to design the main sewer pipe running 0.6 times full at maximum discharge. The water supplied from the water works to the town is at a rate of 200 LPCD. The manning’s n = 0.015 for the pipe material and permissible slope is 1 ‰. Variation of n with depth may be neglected. Check for minimum and maximum velocity assuming that the groundwater level is lower than the sewer pipe level.

Italian national debt to GDP is expected to pass 150% in 2020, up from 134% last year. Furthermore, fund managers are getting increasingly more reluctant to buy relatively high-yielding Italian bonds despite European Central Bank’s (ECB’s) backing.

What was the state of the Italian economy in 2019? Use the information given in the question and basic macro indicators to explain.

How has the Covid-19 outbreak affected the Italian economy? Explain how the macro indicators you have chosen at part a got affected as a result of the pandemic.

Key concepts in statistics for business decision making are “Population”, “Census”, “Random Sample” and “Sampling Error”.

The Foodmart CEO (Chief Executive Officer) has very little knowledge about statistics and believes that a sample should not be used for gathering data as a sample cannot provide accurate information about a whole population.

Explain briefly each of the terms given below, drawing on the pleminary comments from the previous page. In your answers below, use the Foodmart supermarkets to provide examples.

(a) Define the term “population”, and explain what the population is for the Foodmart situation outlined in the Preliminary Comment.

(b) Define the term “census”, and explain what this would mean in studying supermarkets in the Foodmart chain.

(c) Define the term “random sample”. In your answer also include an explanation of a “biased sample”. Also explain how you would take a random sample of 150 supermarkets for Foodmart.

(d) Define the term “Sampling Error” and explain in plain language for the CEO how we can manage this if we have a random sample.

I have figured them all out except D

On average, commuters in Phoenix, Arizona, area require m= 40.0 minutes to get to work.  Assume the times to get to work are normallydistributed with a standard deviation of s= 10 minutes, and that Joe is an average Phoenix resident.

1. What is the probability that on any given day Joe will require over 45 minutes to get to work?

2. What is the probability it will take Joe exactly40.0 minutes to get to work on any given day?

3. Joe has just left home from lunch to attend a meeting with the CEO in 30 minutes.  If the CEO routinely fires employees who are tardy for meetings, what is the probability the Joe will still be employed tomorrow?

4. Joe leaves home for work at exactly the same time.  His work starts at 8:00 AM sharp.  Due to traffic jams during the morning rush hour, Joe was tardy for work on 38.2% of the time.  What time does Joe leave home for work every morning?  Briefly explain your train of thought in arriving to the answer.

National Broadband Network operator NBN Co has secured $6.1 billion in debt finance on external markets as part of the company’s inaugural long-term borrowing from private debt markets.

The new credit facilities each have a five-year term as the company looks to support its future financing needs after the Federal Government had flagged some time ago that it expected NBN Co to pursue debt financing through external markets, including in order to start the process of re-financing its loan with the Commonwealth.

Finance Minister Mathias Cormann said that the strong interest on private debt markets to support the future financing needs of NBN Co demonstrated that there was strong support in the market for the NBN business plan and outlook.

“NBN Co approached the bank market with a request for an initial $2.0 billion, as foreshadowed in its 2020-23 Corporate Plan. Given the positive response from the market, NBN Co has secured additional lines of credit totalling $4.1 billion at very competitive prices,” Senator Cormann said.

“There is no requirement for NBN Co to draw down on these additional facilities immediately, but the Government agrees with the company that it makes sense to have these facilities in place, to give it flexibility and given current economic conditions.”

Minister for Communications, Cyber Safety and the Arts, Paul Fletcher, said that NBN Co is at a “pivotal point as it nears network build completion and prepares for its next phase of operations as a self-sustaining telecommunications wholesaler”.

“The company has entered into arrangements with a number of Australian and international banks to secure funding through private debt, complementing Commonwealth Government funding capped at $49 billion,” Minister Fletcher said.

“NBN Co is expected to draw down $2.0 billion from the $6.1 billion raised and complete the build within its $51 billion funding envelope, as set out in its 2020-23 Corporate Plan. The additional funding will provide the company opportunities to invest and create even more value for Australians guided by future Corporate Plans.”

Analyse the systematic and unsystematic risk that NBN should consider.

Assess and discuss different capital financing (sales of assets, bonds and equity) to facilitate the acquisition of NBN.

Your friend, Jane Lee, recently won the Lotto Max and is planning to sell her business and move to England. Jane owns the Vancouver Running Centre Inc. (Centre) that offers training and running clinics. She has provided you with the trial balance for the year ended October 31, 2018 (the company’s year-end).

Vancouver Running Centre Inc.

Unadjusted Trial Balance

October 31, 2020

Required:

She has asked you to review the trial balance and the additional information and prepare any adjusting journal entries you believe are necessary to ensure the accounts are complete and accurate in accordance with Generally Accepted Accounting Principles. Place your responses together with supporting calculations in the table provided. Explanations are not required.

1) The computer equipment is in excellent shape. It was purchased on July 1, 2019 and is expected to have a useful life of 4 years at which time it is expected to be sold for $4,000.

2) On February 1, 2020, Centre received and recorded in Revenue Earned a $20,000 cash advance from the Richmond School Board. The payment covers marathon training for the eight-month period starting July 1, 2020.

3) Each of Centre’s employees is paid $1,500 every two weeks – i.e.10 days of work. The six employees did not receive a pay cheque for the last seven working days of October 2020, as the bookkeeper was ill. The amounts were both recorded and paid upon her return on November 4, 2020.

4. Centre’s sales invoices for the last two weeks of October 2020 have not been prepared nor recorded. You estimate that $14,500 of services rendered during that period has not been recorded or billed to customers.

5. An inventory count completed at October 31, 2020 revealed inventory of $44,700.

6) On January 1, 2020 Centre purchased a two-year liability insurance policy for $4,800.

7) A letter from Centre’s landlord dated October 25, 2020 demands a total of $18,000 to be paid to cover the rent for the months of September to November 2020 inclusive. Centre’s monthly rent expense has been constant for the past three years.

8) Supplies on hand at October 31, 2020 are estimated at $3,500.

A explanation of how a person as a hospital chief executive officer (CEO) might create a population health strategy based on As a health care executive for a hospital, you have been responsible for caring for the patient in your hospital bed. In the last couple of years, your role has likely expanded to include determining how to keep patients from being re-hospitalized. With the implementation of the ACA, your role is expanding further to encompass population health.ACA foci. Be specific and provide examples.