On December 31, 2019, of the current year Company A physically counted $1,500,000 of inventory. The following additional information is also available:
Company A sold goods for $250,000 to Dog Enterprise. Company A had originally purchased the goods for $175,000. The order was shipped to Dog Enterprise FOB shipping point on December 28, 2019 and arrived at Dog Enterprise facility on January 2, 2020.
Question 1: Does Company A adjust or not adjust the physical count for the in-transit goods? Explain.
COMPANY A purchased goods costing $40,000 from vendor Joe's Hardware. Joe's Hardware shipped the goods to Company A FOB shipping point on December 29, 2019 and the order was delivered on January 1, 2020 The shipment was a rush order that was supposed to arrive by December 31.
Question 2: Does Company A adjust or not adjust the physical count for the in-transit goods? Explain.
Company A sold goods for $250,000 to Door Company. Company A had originally purchased the goods for $175,000. The order was shipped to Door Company, FOB Destination on December 28, 2019 and arrived at Door Company facility on January 4, 2020.
Question 3: Does Company A adjust or not adjust the physical count for the in-transit goods? Explain.
Company A purchased goods costing $30,000 from vendor Kitchen Company. Kitchen shipped the goods to Company A FOB destination on December 30, 2019 and the order was delivered on January 3, 2020.
Question 4, does Smith adjust or not adjust the physical count for the in-transit goods? Explain.
In: Accounting
1) IBM expects to pay a dividend of $5 next year and expects these dividends to grow at 77% a year. The price of IBM is $85 per share. What is IBM's cost of equity capital?
2) Since your first birthday, your grandparents have been depositing $1,200into a savings account on every one of your birthdays. The account pays 9%
interest annually. Immediately after your grandparents make the deposit on your 18th birthday, the amount of money in your savings account will be closest to:
A.$69,386.25
B.$59,473.93
C.$29,736.97
D.$49,561.61
In: Finance
In a particular year, registered nurses earned an average annual
salary of $52,330. A survey was conducted with 45 nurses from a
particular state to determine if the annual salary is higher than
$52,330 for that state's nurses. The sample average was $62,979
with a sample standard deviation of $7,489. Conduct a hypothesis
test at the 5% level.
Note: If you are using a Student's t-distribution for the
problem, you may assume that the underlying population is normally
distributed. (In general, you must first prove that assumption,
though.)
What is the test statistic? t= ?
Sketch a picture of this situation. Label and scale the horizontal axis and shade the region(s) corresponding to the p-value.
In: Statistics and Probability
Y=C+I+G
C=120+0.5(Y-T)
I=100-10r
T=40
= Y-20r
M=600
P= 2
In: Economics
You have been given the following information about a motel for the coming year:
(A) Occupancy Forecast 75%
(B) Rooms department variable cost per occupied room is estimated to be $7.75
(C) Owners' investment $800,000
(D) Desired after tax yield on owners' investment 15%
(E) Current income tax rate 30%
(F) The motels fixed costs for the coming year were anticipated to be 825,000
(G) The motel has this many rooms available to rent 100
(H) Days opened each year 365
REQUIRED:
In: Accounting
A homeowner borrows $300,000 over a 15-year mortgage term, fully amortising and payable monthly, at an interest rate of 4.5% per year fixed for 6 years, and is charged a closing fee of 2% on the principal sum.
a) What is the monthly repayment amount for the initial 6-year period?
b) What is the APR (annual percentage rate) over the full loan term?
At the expiry of the 6-year interest period, the interest rate changes to 5.5% for the remainder of the loan.
c) What is the principal balance at the end of the 6-year period?
d) What is the monthly repayment amount for the remainder of the loan?
e) How much interest would be saved over the remainder of the loan if the homeowner chooses to repay an extra $100 a month on top of the above repayment amount?
In: Accounting
Clara is a clerk at a retail outlet. She earns $35,000 a year. She is allowed to work her schedule around her daughter's school athletic events, and because she has seniority over the other clerks, rarely has to work holidays.
Jeff is a new designer for an engineering firm. He earns $75,000 a year. He must be at the office Monday through Friday from 8:00 to 5:00. His wife attends all their children's school events. His job is stressful, and if a project is due, he often works weekends and sometimes holidays, although from home.
How would you compare Clara and Jeff's levels of job satisfaction? Describe how you would measure their satisfaction and name at least three major job attitudes that play a part in each of their satisfaction levels
In: Operations Management
Case 1:
A 45-year-old man with a history of depression presented to the ED
with the complaint of feeling suicidal. The patient had cut himself
after an argument with his wife. His family called 911; the police
and EMS responded and transported him to the ED. The initial
suicide screening revealed that the patient did not want to live
and intended to kill himself. Because of this initial screening,
the ED nurse initiated “high risk behavioral health precautions.”
The physician ordered labs, suicide precautions with one-on-one
observation, and evaluation by the on-call mental health counselor.
Everyone agreed that the patient was at high risk of suicide and
would require inpatient psychiatric admission.
The medical record showed that the patient was “placed in a gown and a safe ED room” and that suicide precautions were initiated. The ED nurse charting — performed at 15-minute intervals — indicated that security was at the patient’s bedside. While awaiting psychiatric admission and after several hours of observation, security briefly left the patient’s room; they returned to find the patient unresponsive, cyanotic, and hanging from the cardiac monitor with the monitor wires wrapped around his neck. The patient did not survive despite a code blue resuscitation.
Question 1. What went wrong?
Question 2: What should have happened?
Case 2:
Before a thorough evaluation could take place, a suicidal patient
in the ED started screaming at the nurses that she wanted to leave.
The patient was restrained supine by all four limbs. The 2 beds in
the ED designated for behavioral health patients were full, so they
put the patient in a procedure room, away from the nurse’s station.
Since the patient was screaming and yelling, the ED staff was happy
to isolate the patient in a room. The staff allowed her to keep her
clothes on so as not to agitate her any further. They did not find
weapons on her, but they also did not perform a diligent search for
other objects that could be used to inflict harm.
Question 3. What went wrong?
Question 4: Review TJC National Patient Safety Goal
A. Identify the specific goals that addresses
suicide
B. Research and review the elements of performance for
the standard
In: Nursing
Consider a $100K, 15 year mortgage with 6.5% interest.
What is the Present Value of the stream of principal payments? What discount rate should be used to value this stream of cash flows?
What is the Present Value of the stream of interest payments? What discount rate should be used to value this stream of cash flows (remember that interest payments are tax deductible)?
(anything can help! just really want to know discount rate I should be using for each of them
In: Finance
Blue Company's activity for the first six months of the current year is as follows: (20 points) Machine Hours Electrical Cost January 2,000 $3,000 February 3,500 5,500 March 2,400 4,000 April 1,600 2,400 May 1,500 2,500 June 2,100 3,500
INSTRUCTIONS:
a) Using the high-low method, what is the variable cost per machine hour?
b) Using the high-low method, what is the fixed portion of the electrical cost each month?
c) What would be the expected total electrical costs if the month of July was anticipated to use 3,000 machine hours?
d) What would be the expected total electrical costs if the month of August was anticipated to use 6,000 machine hours? Briefly explain your answer.
In: Accounting