A 15-year-old white female with a history of asthma since early childhood.

He diagnosis with asthma and Contraception initiation

Question

1. Diagnosis asthma

a. Explain the Pathophysiology of asthma

b. What is the therapeutic regimen of asthma?

c. What labs can you order for this patient?give the definition and Description of the Test. At least 2 labs

d. Significance of the Test Being Ordered for this Patient

E. What medication would give to this patient et why?

The records of Alaska Company provide the following information for the year ended December 31

at coast at Retail

January 1 beginning inventory $ 472,950 $ 928,750

Cost of goods purchased 2,843,512 6,280,950
Sales 5,511,700
Sales returns 46,200

  Required:
1. Use the retail inventory method to estimate the company’s year-end inventory at cost.  
2. A year-end physical inventory at retail prices yields a total inventory of $1,691,800. Prepare a calculation showing the company’s loss from shrinkage at cost and at retail.

Complete this questions by entering your answers in the tabs below.

Required 1
Required 2

Use the retail inventory method to estimate the company’s year-end inventory at cost. (Round your ratio calculations to 2 decimal places. (i.e. 10.15%))

At Cost Cost-to-Retail Ratio At Retail
Beginning inventory $472,950 $928,750
Cost of goods purchased 2,843,512 6,280,950
Cost of goods available for sale $3,316,462 $7,209,700
Net sales at retail

Complete this questions by entering your answers in the tabs below

Use the retail inventory method to estimate the company’s year-end inventory at cost. (Round your ratio calculations to 2 decimal places. (i.e. 10.15%))

A year-end physical inventory at retail prices yields a total inventory of $1,691,800. Prepare a calculation showing the company’s loss from shrinkage at cost and at retail. (Round your ratio calculations to 2 decimal places. (i.e. 10.15%))

You are an audit consultant at a top tier accounting firm that is celebrating another year of fee income growth from one of its most important audit clients, a huge telecommunications business (think Telstra / Vodaphone). The last audit you did for this client had run smoothly from your company’s point of view, despite some hiccups on delivery times and quality control, but overall, your accounting firm were happy with the depth of this client relationship and its position to keep their business (future tax and consulting projects to the accounting firm of around $1.6 million).

However, yesterday, the telecommunications client asked for an internal review of your account service to negotiate a revised audit fee for the following three years. This leaves you and your accounting colleagues mystified as to why they want to do this.

The client spoke to you yesterday, requesting a meeting to discuss and have stated that they were generally happy with the relationship but asked that the lead audit partner from your firm be removed from the team and they also want to lower the total audit fee by 15%. This will have a negative impact of $185,000 on the accountants.

Instructions (in pairs):

1. Meet with the client (your trainer) who will act out the above scenario.
2. Try to understand your client’s requirements / needs using some of the techniques covered in this unit e.g. listening skills, note-taking, confirming client requirements, responding effectively to client feedback.
3. Try and resolve any conflict or ill-will (if there is any) so that you don’t lose this client and the future work amounting to $1.6 million.

In October of the current year, Jasmine received a $15,520 payment from a client for 32 months of rent. The rental period begins on September 1 of this year. This amounts to $485 per month. Jasmine is a calendar-year taxpayer.

What amount of the $15,520 payment, if any, must Jasmine recognize this year if she uses the accrual method of accounting?

Numeric Response ?

Northern Illinois Manufacturing is preparing its budget for the coming year. The first step is to plan for the first quarter of that coming year. Northern Illinois gathered the following information from its managers.

Sales:

Northern Illinois wants to keep 10% of the next month’s unit sales in ending inventory. All sales are on account. 85% of the Accounts Receivable are collected in the month of sale and 15% of the Accounts Receivable are collected in the month after sale. Accounts receivable on December 31 totaled 183,780.

Direct Materials:

The product uses metal, plastic, and rubber. In total, each unit requires 2 pounds of material at an average cost of 0.75 per pound.

Northern Illinois likes to keep 5% of the materials needed for the next month in its ending inventory. Payment for materials is made within 15 days. 50% is paid in the month of purchase and 50% is paid in the month after purchase. Accounts Payable on December 31 totaled $120,595. Raw materials on December 31 totaled 11,295 pounds.

Direct Labor:

Labor requires 12 minutes per unit for completion and is paid at a rate of $18 per hour.

Manufacturing Overhead:

Selling and Administrative Expenses:

Variable selling and administrative cost per unit is $2.40.

Fixed selling and administrative costs per month are:

Other Information:

The cash balance on December 31 totaled $220,500, but management has decided that it wants to maintain a cash balance of at least $750,000 beginning January 31. Dividends are paid each month at the rate of $2.50 per share for 5,000 shares outstanding. The company has an open line of credit with the First National Bank. The terms of the agreement requires borrowing to be in $1,000 increments at 8% interest. Northern Illinois borrows on the first day of the month and repays on the last day of the month. Reserve repayment, if required, until Northern Illinois can pay the entire amount. A $250,000 equipment purchase is planned for February.

Instructions (Do all parts):

Note: All budgets and schedules should be prepared by month for the first quarter (January, February, and March). Round all figures to the nearest dollar. For labor hours round to whole hours.

e. Prepare a manufacturing overhead budget.

f. Prepare a selling and administrative budget.

g. Prepare a schedule for expected cash collections from customers.

h. Prepare a schedule for expected payments for materials purchases.

i. Prepare a cash budget.

The net income reported on the income statement for the current year was $318,700. Depreciation recorded on equipment and a building amounted to $93,980 for the year. Balances of the current asset and current liability accounts at the beginning and end of the year are as follows:

Required:

Company Inc owns a DC in Maryland with disruptions the year due to snowstorms. The number of disruptions follows a Poisson distribution with an average of 8.8 disruptions per year.

1. What is the probability that the number of disruptions next year at this DC is equal to or less than 4?

2. What is the probability of facing no disruptions at this DC during next year?

The time to recover from a disruption follows a uniform distribution with a minimum of 4 and a maximum of 13 days.

3. If a disruption happens, what is the average time the DC will be closed for?

4. If a disruption happens, what is the probability that the DC will be closed for more than 7 days?

You deposit $5,000 in the bank each year starting today.

The last deposit will be in exactly 20 years’ time.

How much will there be in the bank when you retire in exactly 45 years?

EAR = 10%

Presented below are a number of balance sheet items for Marin, Inc. for the current year, 2020.

Prepare a classified balance sheet in good form. Common stock authorized was 400,000 shares, and preferred stock authorized was 20,000 shares. Assume that notes receivable and notes payable are short-term, unless stated otherwise. Cost and fair value of debt investments (trading) are the same. (List Current Assets in order of liquidity. List Property, Plant and Equipment in order of Land, Building and Equipment.)

Mary and David are planning for their wedding ceremony one and a half year from now. They were advised by the wedding planner that the wedding cost should be around USD 28,000.This couple has gone through their budget and found that they can invest USD 300 per weekfrom the freelance income starting from this week. This couple has opened accounts at The Tracker Fund of Hong Kong and China Government Bond. The first fund follows an investment strategy designed to match the return of the Blue Chip in Hong Kong. The second fund invests in long-term Bond in China.  The fees for both funds are very low.

The couple has decided to follow a strategy in which they contribute a fixed fraction of the USD 300 to each investment. A financial consultant from an investment bank suggested them to invest 80% of the USD 300 each week in The Tracker Fund of Hong Kong and the remaining 20% in the China Government Bond.The consultant explained that The Tracker Fund of Hong Kong has averaged larger returns than the China Government Bond. Even though stock returns are risky investments in the short run, the risk would be fairly minimal in the historical record. However, another financial consultant recommended just the opposite: invest 20% in The Tracker Fund of Hong Kong and the remaining 80% in the China Government Bond,he said, China Government Bond is backed by the China government. If you follow this allocation, he said, your average return will be lower, but at least you can reach your USD 28,000 target in one and a half year from now.

Not knowing which consultant to believe, the couple has come to you for help.

Questions:

The spreadsheet Marriage.xlsx contains 261 weekly returns of The Tracker Fund of  

Hong Kong and the China Government Bond from the first week of January 2012 to the first week of January 2017. In each of the next one and a half year from now, it is . Set up a spreadsheet to simulate the two suggested investment strategies over the above investment period. Plot the value of each strategy over time for one simulation trial. What was the total value of each strategy one and a half year from now?         

Did either of the strategies reach the target? (non-random number)

Simulate 200 trials of the two suggested investment strategies over the investment period. Create a histogram of the final investment values. Based on your simulation results, which of the two suggested investment strategies would you recommend? Why?   (Random number)

Suppose the couple needs to have USD 35,000 for the expense for their marriage. Based on the same simulation results, which of the two strategies would you recommend now? Why?