| The following information is available about the company: |
| a. | All sales during the year were on account. |
| b. | There was no change in the number of shares of common stock outstanding during the year. |
| c. | The interest expense on the income statement relates to the
bonds payable; the amount of bonds outstanding did not change during the year. |
| d. | Selected balances at the beginning of the current year were: |
| Accounts receivable | $ | 350,000 |
| Inventory | $ | 460,000 |
| Total assets | $ | 2,560,000 |
| e. | Selected financial ratios computed from the statements below for the current year are: |
| Earnings per share | $ | 5.76 | |
| Debt-to-equity ratio | 0.920 | ||
| Accounts receivable turnover | 16.0 | ||
| Current ratio | 2.20 | ||
| Return on total assets | 12 | % | |
| Times interest earned ratio | 7.0 | ||
| Acid-test ratio | 1.20 | ||
| Inventory turnover | 9.0 | ||
| Required: |
|
Compute the missing amounts on the company's financial statements. (Hint: What’s the difference between the acid-test ratio and the current ratio?) (Do not round intermediate calculations.) |
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In: Accounting
| The following information is available about the company: |
| a. | All sales during the year were on account. |
| b. | There was no change in the number of shares of common stock outstanding during the year. |
| c. | The interest expense on the income statement relates to the
bonds payable; the amount of bonds outstanding did not change during the year. |
| d. | Selected balances at the beginning of the current year were: |
| Accounts receivable | $ | 140,000 |
| Inventory | $ | 260,000 |
| Total assets | $ | 1,160,000 |
| e. | Selected financial ratios computed from the statements below for the current year are: |
| Earnings per share | $ | 2.64 | |
| Debt-to-equity ratio | 0.850 | ||
| Accounts receivable turnover | 16.0 | ||
| Current ratio | 2.40 | ||
| Return on total assets | 10 | % | |
| Times interest earned ratio | 5.0 | ||
| Acid-test ratio | 1.17 | ||
| Inventory turnover | 8.0 | ||
| Required: |
|
Compute the missing amounts on the company's financial statements. (Hint: What’s the difference between the acid-test ratio and the current ratio?) (Do not round intermediate calculations.) |
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In: Accounting
Ms. Barkley is a thin & frail 64 year-old that is presenting to the ED from a nursing home for acute abdominal pain, nausea & vomiting x2 days. She receives a CT scan to further evaluate the pain. The findings show no acute bleeding, but with a small bowel obstruction. She is being admitted for bowel rest. You receive the following orders from the provider:
She is admitted to the unit & the CNA reports the following vitals to you:
HR 103, RR 16, BP 118/68, SpO2 96%, pain 6/10. At the end of the shift, you note that the patient has not voided all shift. You help her up to the bathroom & she voids 200ml of very dark, concentrated, foul-smelling urine.
The provider orders a 1L bolus of saline and labs to be drawn. 6 hours after the bolus, the nurse performs a bladder scan on the patient, which reveals 60ml of urine. Further assessment shows that Ms. Barkley has crackles in her lungs & her SpO2 is 89%. The renal function panel drawn earlier has the following pertinent results: creatinine 3.6, BUN 56, KCl 5.5, Mg 1.4.
Over the past few days, Ms. Barkley begins to show renal improvement. Her urine output improves, in addition to her renal function labs. Her small bowel obstruction resolves without surgical intervention & she is able to begin taking in PO food & fluids.
In: Nursing
Last year, the mean dollar spent for online purchases on the AMAZING WEBSITE for the week (7 days) before Labor Day among customers who use their Vista Charge Card was $350. The population standard deviation is not known. Because of increased use of on-line purchasing, Vista’s Vice President of Electronic Marketing believes that purchasing on the AMAZING WEBSITE has changed. He randomly selects 100 customer accounts. The results of the sample found that customers that used Vista charge card spent a mean dollar amount of $295 on purchases with s = $55. (use alpha 1%)
a) State the null and alternative hypothesis in symbols and in words. (3pts)
b) Calculate the expected results for the hypothesis test sampling distribution, assuming the null hypothesis is true. (i.e., name and graph of sampling distribution, mean and standard error) (3pts)
c) Identify the standard distribution that best approximates the sampling distribution. (1pts)
d) Formulate the decision rule(use can use either critical test scores or p-values) (3pts)
e) Determine the statistical results: test statistic, critical test statistic and p-value ( 6pts)
f) Determine the conclusion in terms of the null and alternative hypotheses. Do the sample results indicate that the vice president’s claim is supported at alpha = 1%? (4pts)
In: Statistics and Probability
A manufacturing company is producing $4,000,000 worth of goods this year and expects to sell $4,100,000. The firm actually sells $3,900,000 worth of goods. It is also planning on purchasing $2,000,000 in new equipment during the year. At the beginning of the year, the company has $400,000 in inventory in its warehouse. Answer the following based on the information above and show all your work:
f) Calculate Y
g) Calculate E
h) Based on your answers above, should the government follow
expansionary or contractionary policies and what kinds? Why?
In: Economics
Garden Depot is a retailer that is preparing its budget for the upcoming fiscal year. Management has prepared the following summary of its budgeted cash flows: 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Total cash receipts $188,000 $349,000 $217,000 $242,000 Total cash disbursements $244,000 $226,000 $205,000 $224,000 The company's beginning cash balance for the upcoming fiscal year will be $26,400. The company requires a minimum cash balance of $10,200 and may borrow any amount needed from a local bank at a quarterly interest rate of 1.6%. The company may borrow any amount at the beginning of any quarter and may repay its loans, or any part of its loans, at the end of any quarter. Interest payments are due on any principal at the time it is repaid. For simplicity, assume that interest is not compounded.
In: Accounting
Jeannie is a 16-year-old female that has gone in for an evaluation of her episodes of wheezing and shortness of breath. These episodes resolve spontaneously, but her incidence of them seems to be increasing. While playing sports she is having shortness of breath and wheezing. She uses her friend’s bronchodilating inhaler on occasions when her symptoms seem especially bad, and interfere with her playing of lacrosse. Of late, Jeannie has been dealing with itchy, watery eyes and sneezing with the onset of spring.
The family lives in the suburbs but only moved there a year ago from an urban setting. The family does own a pet dog, Rusty. Her Dad smokes 2 packs of cigarettes a day. Her mother has seasonal allergy problems and because of this her mother is a fanatic about cleanliness. Neither of her siblings is having any respiratory issues.
When questioned about her use of tobacco, or marijuana, Jeannie denies using either. She is a good student that works hard and often stays up late at night. Her vital signs are “normal” but upon pulmonary auscultation, wheezing is heard on both sides of her chest during inspiration and expiration. Her coloring is normal
Please respond to each of the following
In: Nursing
In: Nursing
For the past year, you have been working as a secretary/ processor for a local construction company, XYZ Homes, which specializes in the building of low-cost, limited-option homes. You left a comfortable, good- paying job to work for XYZ because it was family- owned and operated by longtime friends.
Soon after you began working for XYZ, you noticed questionable behavior on the part of Mr. and Mrs. XYZ’s two sons, who are company salesmen. In fact, you are positive that they are falsifying documents to increase their commissions and to trick local banks into approving mortgages to customers who don’t meet credit standards.
You are trying to decide how to handle the situation when one of the sons approaches you and asks you to produce and sign a memo to a bank, falsely stating that a certain potential home buyer is credit worthy. You refuse to do so and, after much consideration, approach Mr. XYZ about the situation. To your surprise, he simply brushes off your comments as unimportant and laughingly states that “boys will be boys.”
What would you do in this situation? Is the fact that you correctly refused to produce and sign a false memo enough, or are you obligated to report these crimes to the banks and proper authorities? Discuss the options, responsibilities, and implications you are facing. ANSWER IN THREE PARAGRAPHS OR SO.
In: Accounting
The total world population in the year 1800 was 1 billion people. Today there are 7.8 billion people in the world. Year Global Population (in billions)
2017 7.511
2018 7.594
2019 7.700
2020 7.800
(a) Using the table above
calculate the average population growth rate over the past 3 years. (b) Using the growth rate from part (a), calculate in what year the world population will reach 9 billion people (round down to the nearest year). (c) List 3 stresses this rapid growth in population may put on the environment.
In: Economics