Which f the following is true regarding clinical symptoms of infection in the older adult?

a) infection in older adults can quicky progress sepsis

b) an older adult retains the immunity they acquired from childhood vaccines

c) older adults have an increase in immune function

d) a classic sign of infection in the older adult is the presence of fever.

Q2. The largest U.S. IPO was the $19.7 billion sale of stock by the credit card company

Visa in 2008. A syndicate of 45 underwriters acquired a total of 446.6 million Visa

shares for $42.768 each and then resold them to the public at an offering price of

$44. The underwriters’ spread was therefore $44 2 $42.768 5 $1.232. The firm also

paid a total of $45.5 million in legal fees and other costs. 5 Therefore, the direct costs

of the Visa issue were as follows:

Salmone Company reported the following purchases and sales of its only product. Salmone uses a periodic inventory system. Determine the cost assigned to ending inventory using LIFO.

A manufacturer of fabricated metal products has acquired a new plasma table for $37,000. It is projected that the acquisition of this equipment will increase revenue by $10,000 per year. Operating costs for the machine will average $2,600 per year. The machine will be depreciated using the MACRS method, with a recovery period of 7 years. The company uses an after-tax MARR rate of 10% and has an effective tax rate of 30%.

What conclusion can be drawn by comparing the results of the before- and after-tax analyses?

Salmone Company reported the following purchases and sales of its only product. Salmone uses a periodic inventory system. Determine the cost assigned to the ending inventory using FIFO.

Five identical vehicles which cost $500,000 (total) are acquired on April 1, 2018. Their estimated residual value is $20,000 and expected life is eight years. These assets are Class 10 with a maximum CCA rate of 30%. The company has a December 31 year end. Required Calculate the depreciation expense/CCA (to the nearest dollar) by each of the following methods:

1. Straight-line for 2018

2. Double declining-balance for 2019

3. Maximum Capital cost allowance for 2019

Assume that TDW Corporation (calendar-year-end) has 2019 taxable income of $680,000 for purposes of computing the §179 expense. The company acquired the following assets during 2019:

What is the maximum total depreciation, including §179 expense, that TDW may deduct in 2019 on the assets it placed in service in 2019, assuming no bonus depreciation?

Effect of Subsidiary Preferred Stock

Snow Corporation issued common stock with a par value of $100,000 and preferred stock with a par value of $80,000 on January 1, 20X5, when the company was created. Klammer Corporation acquired a controlling interest in Snow on January 1, 20X6.

Required:

What does Klammer's controller need to know about the preferred stock to determine the proper allocation of consolidated net income to the controlling and noncontrolling interests? What ethical factors should be considered, if any ?

Salmone Company reported the following purchases and sales for its only product. Salmone uses a perpetual inventory system. Determine the cost assigned to cost of goods sold using LIFO.

On January 1, 20X7 Quick Company acquired 100 percent of Sluggish Company's stock when Sluggish reported book values as follows: assets of $1,200,000; liabilities of $450,000; common stock of $350,000; and retained earnings of $400,000. At the date of acquisition, the book values and the fair values of Sluggish's assets and liabilities were equal. For 20X7, Sluggish reported net income of $500,000, and paid dividends of $25,000.

Give the eliminating entry needed on December 31, 20X7, to prepare consolidated financial statements