You are to draw up THE Income Statement for the year ending 31 December 2012 and the Statement of Financial Position as at that date for the following trail balance of Partido Limited

Additional information at 31 December 2012

1. Stock 317,426/=
2. Business rates outstanding 1,700/= and office expenses outstanding 245/=
3. Dividend proposed is 15%.
4. Transfers to reserves; General 70,000/=, Fixed asset replacement 30,000/=
5. Depreciation on cost; Buildings 5%; Equipment 15%
6. Debenture interest for the year has not been paid.

In 2005, 5.9% of people used marijuana.

This year, a company wishes to use their employment drug screening to test a claim. They take a simple random sample of 2488 job applicants and find that 120 individuals fail the drug test for marijuana. They want to test the claim that the proportion of the population failing the test is lower than 5.9%. Use .05 for the significance level. Round to three decimal places where appropriate.

Hypotheses:

Ho:p=5.9%Ho:p=5.9%

H1:p<5.9%H1:p<5.9%

Test Statistic: z =

Critical Value: z =

p-value:

Conclusion About the Null:

• Reject the null hypothesis
• Fail to reject the null hypothesis

Conclusion About the Claim:

• There is sufficient evidence to support the claim that the proportion of the population failing the test is lower than 5.9%
• There is NOT sufficient evidence to support the claim that the proportion of the population failing the test is lower than 5.9%
• There is sufficient evidence to warrant rejection of the claim that the proportion of the population failing the test is lower than 5.9%
• There is NOT sufficient evidence to warrant rejection of the claim that the proportion of the population failing the test is lower than 5.9%

Do the results of this hypothesis test suggest that fewer people use marijuana? Why or why not?

: An Islamic family is tending to a gravely ill 85-year old family member in the intensive care unit. They have asked that the bed be oriented toward the east, toward Mecca, so the Imam may hear the confession of sin and request for forgiveness. To orient the bed toward the east would require disconnecting it from the wall unit, including the oxygen valve and monitors for the arterial line.

1. How should the nurse try to solve this problem?
2. Identify the various cultures each patient might belong to, in addition to race/ethnicity.
3. How does this patient's age and developmental stage affect your care of this patient?
4. How does this person's culture or ethnicity affect your care of this patient?
5. Does this person's culture, ethnicity or age have an affect or relationship to the diagnosis.

Monty Company acquired a plant asset at the beginning of Year 1. The asset has an estimated service life of 5 years. An employee has prepared depreciation schedules for this asset using three different methods to compare the results of using one method with the results of using other methods. You are to assume that the following schedules have been correctly prepared for this asset using (1) the straight-line method, (2) the sum-of-the-years'-digits method, and (3) the double-declining-balance method.

What is the cost of the asset being depreciated?

What amount, if any, was used in the depreciation calculations for the salvage value for this asset?

Which method will produce the highest charge to income in Year 1?

Which method will produce the highest charge to income in Year 4?

Which method will produce the highest book value for the asset at the end of Year 3?

If the asset is sold at the end of Year 3, which method would yield the highest gain (or lowest loss) on disposal of the asset?

1. Karsted Air Services is now in the final year of a project. The equipment originally cost $20 million, of which 75% has been depreciated. Karsted can sell the used equipment today for $5 million, and its tax rate is 40%. What is the equipment's after-tax salvage value? Round your answer to the nearest dollar. Write out your answer completely. For example, 13 million should be entered as 13,000,000.

2. Project L costs $48,152.88, its expected cash inflows are $10,000 per year for 10 years, and its WACC is 10%. What is the project's IRR? Round your answer to two decimal places.

3. Project L costs $40,000, its expected cash inflows are $10,000 per year for 9 years, and its WACC is 9%. What is the project's NPV? Round your answer to the nearest cent. Do not round your intermediate calculations.

Can you please show work or give steps on how the answer was found?

Calculate 3-year property MACRS percentages. Show all your work.c

  For the 2014 sample data, what is the value of the sample statistic? (Round to 3 decimal places.)

For the 2014 sample data,what is the value of the pooled proportion? (Round to 3 decimal places.)

For the 2014 sample data, what is the value of the standard error for the hypothesis test? (Round to 3 decimal places.)

For the 2014 sample data, what is the value of the test statistic? (Round to 3 decimal places.)

For the 2014 sample data, what is the p-value? (Round to 3 decimal places.)

Marshall is an obese 50 year old man that has a family history of hyperlipidemia, and lab work from a recent physical demonstrated elevated lipid levels. The health care team has decided to prescribe lovastatin.

a.    What are the concerns for teenagers who are taking lovastatin?

b.    What classification of lipid-lowering medication is lovastatin, and how does it work?

c. What impact does weight, specifically obesity, have on lipid levels?

On January 8, the end of the first weekly pay period of the year, Regis Company's employees earned $25,760 of office salaries and $70,840 of sales salaries. Withholdings from the employees' salaries include FICA Social Security taxes at the rate of 6.2%, FICA Medicare taxes at the rate of 1.45%, $13,160 of federal income taxes, $1,390 of medical insurance deductions, and $880 of union dues. No employee earned more than $7,000 in this first period.

Required:
1.1 Calculate below the amounts for each of these four taxes of Regis Company. Regis’s state unemployment tax rate is 5.4% of the first $7,000 paid to each employee. The federal unemployment tax rate is 0.6%.
1.2 Prepare the journal entry to record Regis Company's January 8 employee payroll expenses and liabilities.
2. Prepare the journal entry to record Regis’s employer payroll taxes resulting from the January 8 payroll. Regis’s state unemployment tax rate is 5.4% of the first $7,000 paid to each employee. The federal unemployment tax rate is 0.6%.

In a particular year, 68% of online courses taught at a system of community colleges were taught by full-time faculty. To test if 68% also represents a particular state's percent for full-time faculty teaching the online classes, a particular community college from that state was randomly selected for comparison. In that same year, 31 of the 44 online courses at this particular community college were taught by full-time faculty. Conduct a hypothesis test at the 5% level to determine if 68% represents the state in question.

d) State the distribution to use for the test. (Round your standard deviation to four decimal places.)

f) What is the p-value? (Round your answer to four decimal places.)

g) Sketch a picture of this situation. Label and scale the horizontal axis and shade the region(s) corresponding to the p-value.

i) Construct a 95% confidence interval for the true proportion. Sketch the graph of the situation. Label the point estimate and the lower and upper bounds of the confidence interval. (Round your answers to four decimal places.)