On Jan 1 of the current year (CY) Gates is given a nonqualified option to purchase

3,000 shares of stock in his employer at $10/ share for the next 10 years. The

current value of the stock is $10/share. If Gates resigns before the end of the

following year (12/31 CY+1) he forfeits the options. The value of the options is

determined to be $23/share. On May 1 of the 3

rd

year (CY+2) when the stock is

trading at $50/share Gates gives the company $30,000 to purchase the shares.

A.) What are the book/tax differences in each of the years? Are they favorable or

unfavorable, and are they permanent or temporary?

B.) If Gates exercised the options when the fair market value of the stock was $19 per

share how would the answer part A change?

For the coming year, Paulson Computers Inc. expects to produce 144,000 computers. Of these, 64,000 will be consumer (personal) computers and 80,000 will be small business computers. Common fixed overhead is $1,700,700. Additional information for the coming year is as follows:

Fixed selling and administrative expense for Paulson Computers is $2,959,700 per year.

1(a) Calculate the unit variable cost under variable costing.

2. Prepare a segmented variable-costing income statement for next year. The segments correspond to product lines: consumer computers and small business computers. Refer to the list of Labels and Amount Descriptions for the exact wording of text items within your income statement. If an amount is negative, first enter a minus sign (-).

A stock is expected to pay a dividend of $10 in one year. Its future annual dividends are expected to grow by 20% pa. The next dividend of $10 will be in one year, and the year after that the dividend will be $12 (=10*(1+0.2)^1), and a year later $14.4 (=10*(1+0.2)^2) and so on forever. Its required total return is 50% pa. The total required return and growth rate of dividends are given as effective annual rates. Calculate the payback period of buying the stock and holding onto it forever, assuming that the dividends are received as at each time, not smoothly over each year. Note that you will have to find the price of the stock first.

The Michener Company purchased a special machine 1 year ago at a cost of $12,000. At that time, the machine was estimated to have a useful life of 6 years and no disposal value. The annual cash operating cost is approximately $20,000. A new machine that has just come on the market will do the same job but with an annual cash operating cost of only $17,000. This new machine costs $15,000 and has an estimated life of 5 years with no disposal value. The old machine could be used as a trade-in at an allowance of $5,000. Straight-line depreciation is used and the company’s income tax rate is 40 percent.
Compute the internal rate of return on the new investment.

- What is the effective rate of a 4.25%, $250,000 30 year fixed rate mortgage with 1.5 discount points, if the mortgage is held for 10 years?

- What is the effective rate of a 4.25%, $250,000 30 year fixed rate mortgage with 1.5 discount points, if the mortgage is held for 1 year?

- You have two options for a 30 year fixed rate mortgage:

$500,000 mortgage, 5% rate

$500,000 mortgage, 4.50% rate, 2 discount points

For how long must the mortgage remain in effect for you to choose the lower rate and pay the discount points?

Dewey Corp. is expected to have an EBIT of $3,350,000 next year. Depreciation, the increase in net working capital, and capital spending are expected to be $270,000, $175,000, and $275,000, respectively. All are expected to grow at 20 percent per year for four years. The company currently has $22,000,000 in debt and 885,000 shares outstanding. After Year 5, the adjusted cash flow from assets is expected to grow at 2.7 percent indefinitely. The company’s WACC is 9.1 percent and the tax rate is 23 percent. What is the price per share of the company's stock? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Part 1.

You are a nurse caring for a 26 year old male involved in a burn incident that involves the left upper limb and the left lower limb. What do you think will be the problems of the patient during the acute and rehabilitative phase? What can be implemented? How will you be able to help him recover from the incident and to fully regain his optimum health and functioning?

Formulate a plan of care for the patient (ADPIRE fomat).

As a nurse what will be your contributions to help prevent or minimize accidents that can cause burn injuries?

Part 2.
Nursing Care Plan (ADPIRE format) to address the following possible nursing diagnoses associated with AKI and ESRD.
1. Fluid volume excess
2. Decreased cardiac output
3. Risk for infection

Angela is a 52 year old female with a family history of hypertension. She works as an office manager, where she sits down at a desk most of the day. Angela reports that she usually stops at the coffee shop for breakfast and drinks a latte and eats a pastry. She skips lunch due to lack of time. She has a long commute (45 minutes each way,) and reports that by the time she gets home she is often too tired and hungry to cook. She relies on take-out and frozen meals. She takes a hula dance class 1x a week, but does not do any other exercise. Her current blood pressure reading is 141/91 mmHG. Angela's doctor has referred her to you for diet counseling.

1. What major diseases does Angela's blood pressure put her at risk for?

2. What does the DASH diet stand for? What does the DASH diet emphasize?

3. Develop a one day meal plan for Angela that follows the guidelines of the DASH diet.

Humana Hospital Corporation installed a new MRI machine at a cost of $750,000 this year in its medical professional clinic in Cedar Park. This state-of-the-art system is expected to be used for 5 years and then sold for $125,000. Humana uses a return requirement of 25% per year for all of its medical diagnostic equipment. As a bioengineering student currently serving a coop semester on the management staff of Humana Hospital Corporation in Louisville, Kentucky, you are asked to determine the minimum revenue required each year to realize the expected recovery and return. In short, you need to estimate first the capitol recovery and then the annual worth.

You are trying to estimate the average amount a family spends on food during a year. In the past the standard deviation of the amount a family has spent on food during a year has been approximately $1000. If you want to be 99% sure that you have estimated average family food expenditures within (error) $50, how many families do you need to survey? Round your answer to a whole number