Mark worked as route manager for United Trucks Pty Ltd in Queensland from 2003-17. A term of his contract was that if he should leave the company, he could not engage in the trucking industry in Queensland for five years. In 2018 he registered a company called Sunshine Trucks Pty Ltd. Mark owns 99% of the shares in the company. The other 1% is owned by his brother, Greg, whom he elected as sole director and CEO. Sunshine Trucks operates from Townsville and carries goods all over Queensland. Greg also signs a contract on behalf of the company, taking out a loan of $ 2 million from Grasping Bank in 2018 as start-up capital. The company did well during 2018, 2019 and the first half of 2020, but in July 2020 was not able to repay a loan instalment of $ 100 000 owing to Grasping Bank Ltd. Mark comes to you for advice after receiving two letters: One from United Trucks Pty Ltd requiring Sunshine Trucks Ltd to cease operating in Queensland, the other from Grasping Bank Ltd threatening to sue him for $ 100 000. Advise him, citing all relevant legal authority. Please note that you should assume that the restraint of trade clause in the contract that Mark had with United Trucks is valid under the law of contract. You should therefore not discuss that issue.

Advice Mark using ILAC.

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Chapter 5 Discussion No unread replies. No replies. In previous chapters, we have learned about the role of public health, social determinants and behavior and social theories related to health. This week, we are broadening our discussion to include how law, health policy and ethics impact health, quality of life and health outcomes. In this context, you will gain a better perspective of the role of public health and the overall goal of improving health, including the importance of multi-sectoral collaboration. After you view the videos, reflect on the four goals of Healthy People 2020: Improve quantity and quality of life Eliminate health disparities and achieving true health equity Protect health throughout all stages of life Make environments healthier through a better understanding of the true social determinants approach to health Using the above framework for the list of health issues below, first discuss what factors such as social determinants, law, and ethics impact or affect the issue. Describe how public health initiatives, such as Healthy People 2020 and multi-sectoral efforts can improve health outcomes pertaining to the issue. Your post must be at minimum two paragraphs (five sentences per paragraph) in APA format (in text citations and bibliography). Your must respond to at least one other student. Your post is due by

1.a Sheridan Inc. manufactures cycling equipment. Recently, the vice president of operations of the company has requested construction of a new plant to meet the increasing demand for the company’s bikes. After a careful evaluation of the request, the board of directors has decided to raise funds for the new plant by issuing $3,088,700 of 14% term corporate bonds on March 1, 2020, due on March 1, 2035, with interest payable each March 1 and September 1, with the first interest payment on September 1st, 2020. At the time of issuance, the market interest rate for similar financial instruments is 12%.

As the controller of the company, determine the selling price of the bonds. (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.) Selling price of the bonds = ?

1.b

Shamrock Corporation, having recently issued a $20,069,100, 15-year bond issue, is committed to make annual sinking fund deposits of $616,800. The deposits are made on the last day of each year and yield a return of 10%.

Future value of an ordinary annuity = ?

1. c Under the terms of his salary agreement, president Chris Walters has an option of receiving either an immediate bonus of $55,000, or a deferred bonus of $70,000 payable in 10 years.

Ignoring tax considerations and assuming a relevant interest rate of 4%, which form of settlement should Walters accept?

Present value of deferred bonus = ?

1.If a company uses accrual basis accounting, accrued revenues differ from deferred revenues in that accrued revenues are

a) recorded as liabilities before the cash is collected from customers.

b) recorded as liabilities before they are recognized as revenue earned.

c) recognized as revenue earned after cash is collected from customers.

d) recognized as revenue earned before cash is collected from customers.

e) journalized only when cash is collected from customers.

2. A company paid $24,000 for six months of rent beginning June 1.   The company recorded its payment as prepaid rent. If it prepares financial statements dated June 30, the adjusting entry to be made by the company is

a) debit Rent Expense for $24,000 and credit Prepaid Rent for $24,000.

b) debit Rent Expense for $4,000 and credit Prepaid Rent for $4,000.

c) debit Prepaid Rent for $4,000 and credit Cash for $4,000.

d) debit Prepaid Rent for $4,000 and credit Rent Expense for $4,000.

e) debit Rent Expense for $20,000 and credit Prepaid Rent for $20,000.

Exercise 4-12 Pharoah Corporation began operations on January 1, 2014. During its first 3 years of operations, Pharoah reported net income and declared dividends as follows: Net income Dividends declared 2014 $43,400 $ –0– 2015 131,800 57,500 2016 164,000 52,400 The following information relates to 2017. Income before income tax $242,600 Prior period adjustment: understatement of 2015 depreciation expense (before taxes) $34,700 Cumulative decrease in income from change in inventory methods (before taxes) $36,100 Dividends declared (of this amount, $34,700 will be paid on January 15, 2018) $109,900 Effective tax rate 40 % Prepare a 2017 retained earnings statement for Pharoah Corporation. (List items that increase adjusted retained earnings first.) PHAROAH CORPORATION Retained Earnings Statement $ : : $ Assume Pharoah Corporation restricted retained earnings in the amount of $75,260 on December 31, 2017. After this action, what would Pharoah report as total retained earnings in its December 31, 2017, balance sheet? Total retained earnings $

On your way for lectures one day, you came across an accident scene where the victim was bleeding profusely. You happened to be the first person at the scene so you assisted the victim to a nearby health centre. When you entered the yard of the health facility you noticed that the compound was very neat with beautiful flowers and modern structures. At the emergency ward was a nurse who was busily having a phone conversation with a supposed friend. It took her about five minutes on your arrival before attending to the accident victim in a pool of blood. After the first aid received from the nurse which could not stop the bleeding entirely, it took you between eighteen to twenty minutes before a medical officer attended to you at the emergency unit. The story was not different at the pharmacy unit where you had to go for the prescribed drugs. It took you a considerable length of time before you were finally served although there was no queue. Using the Parasuraman’s dimensions of quality, discuss the quality of service at the said health centre?

Engineering Ethics

• Consider Mary's preparation before visiting the site. Did Mary fulfill her professional obligation to her employer? Give an argument for your answer with reference to the ASCE code of Ethics.

• Consider Mary's preparation before visiting the site. Did Mary fulfill her professional obligation to her employer? Give an argument for your answer with reference to the ASCE code of Ethics.

• Consider Mary's preparation before visiting the site. Did Mary fulfill her professional obligation to her employer? Give an argument for your answer with reference to the ASCE code of Ethics.

• Suppose that Mary's boss, after hearing of her experiences on the first day, assigns Alex, a more experienced engineer, to accompany her to the site. Rather than simply advising and supporting her, Alex takes over the inspection process, ignoring Mary but also preventing the cold joint problem. Analyze the ethical positions of Mary, Alex and their boss.

• Imagine yourself as an expert witness for Spire Engineering. How would you assess the actions of Mary and her boss with respect to the firm's liability.

1: Let X be the set of all ordered triples of 0’s and 1’s. Show that X consists of 8 elements and that a metric d on X can be defined by ∀x,y ∈ X: d(x,y) := Number of places where x and y have different entries.

2: Show that the non-negativity of a metric can be deduced from only Axioms (M2), (M3), and (M4).

3: Let (X,d) be a metric space. Show that another metric D on X can be defined by ∀x,y ∈ X: D(x,y) := d(x,y)/(1 + d(x,y)).

4: Let (X,d) be a metric space.

1. Show that every open d-ball is a d-open subset of X.
2. Show that every closed d-ball is a d-closed subset of X.

5: Let (X,d) be a metric space. Show that a subset A of X is d-open if and only if it is the union of a (possibly empty) set of open d-balls.

The US Federal Reserve Bank (FED) is considering tightening the money supply now. The United States has an open macro-economy including exports and imports, a market for foreign currency (exchange rates are the price in this market), and international capital mobility. If the FED does restrict the money supply, it will affect investment as it would in a closed economy. But now, adjustments in the foreign currency market occur that induce further changes in aggregate Supply and Demand.

Summarize the majority market adjustments to the new monetary policy. First, explain how a change in the money supply affects aggregate demand(and why). Then explain the second level effects on exchange rates, and the market for goods and services (aggregate supply and demand). Use three supply/demand diagrams, one for the money market, one for the goods and services market, and one for the foreign currency market.

Compared to the closed economy we studied earlier in the semester, are the effects of a change in the money supply larger or smaller when the economy is open (Has trade and floating exchange rates)?

Record the following transactions in the journal of Capital Project Fund and
Governmental Activities. (You must prepare the journal form using Excel)

1. A capital projects fund issued $10,000,000, 5 percent bonds for $10,100,000 to finance the
construction of a little league baseball park. Premiums received are to be used to service the
debt issue.

2. The Parks and Recreation Special Revenue Fund transferred $300,000 for use in construction.

3. A construction contract was awarded in the amount of $10,200,000.

4. A bill was received from the contractor for $5,100,000

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5. The contractor bill is paid, and 6% retain is withheld.

6. The park renovations were completed and the final bill of $5,100,000 was received. The
contractor bill and retained are approved for payment in full. Total construction expenditures
were allocated as follows: $960,000,000 to building, and the remainder to equipment.

7. The capital projects fund temporary accounts were closed, and the capital projects fund was
closed by transferring remaining funds to the debt service fund for use in debt repayment.