In: Accounting
In: Finance
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Johnson Oil & Gas sold 12,500 BBLs of oil for the year 2018 at a price per BBL of $48. Revenues and costs |
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for Johnson Oil & Gas are presented below: |
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Revenue |
$ 825,000 |
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G&G Costs |
$ 650,000 |
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Acquisition Costs |
$ 1,500,000 |
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Exploratory dry holes |
$ 3,000,000 |
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Successful exploratory wells |
$ 5,000,000 |
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Development wells, dry |
$ 900,000 |
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Development wells, successful |
$ 735,000 |
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Production facilities |
$ 610,000 |
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Production costs |
$ 200,000 |
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Successful Efforts |
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Amortization for 2018 |
$ 200,000 |
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Accumulated DD&A |
$ 500,000 |
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Required: |
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Prepare income statements and unclassified balance sheet for both an SE and FC company, explain the |
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difference in net income. |
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In: Accounting
There was a 2-year old admitted to the hospital for methanol poisoning. Why is methanol poisoning a life threatening scenario? What did the doctors do to the 2-year old to treat the poisoning? Please explain how and why this treatment works.
In: Nursing
Mike is a young executive with a pharmaceutical firm. He earns $ 100,000 per year and expects his income to increase at a rate of 4% over his career. Mike estimates that he consumes 20% of his salary personally, that his combined federal and state income tax bracket is, 28% and that inflation will average 3% over his career. The riskless rate of return is 6%. Using the Capitalized Earnings Approach to calculating life insurance needs, how much life insurance should Mike purchase?
A. 2.083,333
b. $2,231,667
c. $1,977,342
d. $4,166,667
In: Accounting
During a year of operation, a firm collects $5,100,000 in revenue and spends $3,600,000 on labor expenses, raw materials, rent, and utilities. The firm's owner has provided $1,000,000 of her own money instead of investing the money and earning a 12% annual rate of return. a. The explicit costs of the firm are $______. The implicit costs are $______. The total economic cost is $_____.
b. The firm earns accounting profit of $____.
c. The firm's economic profit is $_____.
d. If the owner could earn 15% annually on the money she has invested in the firm, the economic profit of the firm would be _____ (when revenue is $5,000,000.)
In: Economics
Mr. H is a 64 year old male with a history of COPD, HTN, and Type 2 DM. he just arrived this morning from the ED with a diagnosis of uncontrolled HTN (admitting BP 220/110), and chest pain. The symptoms that brought him into the ED were severe morning H/A with occasional vomiting x3 days, SOB, and chest pain. When you examine him you notice a large bruise on his right elbow and hip. He relays history of a fall recently. He complains of dysphasia which he attributes to a sore throat from vomiting. He is slightly disoriented and drowsy, but received a dose of Zofran for vomiting before he was brought up to your unit. His HA has returned but he feels he cannot take anything PO because of his earlier vomiting.
Labs: Na: 145, K: 3.7, Cl: 100, CO2: 28, BUN: 22,
Creatinine: 1.5, Blood Glucose: 210, HgB: 12.7, WBC: 10.3, PLTS:
110.
CK enzymes negative
Chest X-ray: no effusions, pneumonia but emysematous changes
noted.
Current BP: 156/98 HR: 78 reg. RR: 24 on 4L O2
1) What could be happening to Mr. H? (hint: Is all his
symptoms related to HTN?)
2) What symptoms are related to the severe HTN?
3) What symptoms are related to the COPD?
4) what symptoms are related to the Type 2 DM?
5) Based on his history and labs what is probably responsible for
the bruising?
6) List all abnormal lab values, possible causes, in a significance
of the abnormal lab values in Mr. H plan of care?
7) What does emysematous changes on the CXR mean? What disease
process is this related to?
8) What are your top 3 nursing priority concepts (in order of
priority) would you use for Mr. H? What nursing interventions would
you include for Mr. H?
In: Nursing
[The following information applies to the questions
displayed below.]
At the beginning of Year 2, Oak Consulting had the following normal
balances in its accounts:
| Account | Balance | |
| Cash | $ | 28,200 |
| Accounts receivable | 18,400 | |
| Accounts payable | 12,400 | |
| Common stock | 21,900 | |
| Retained earnings | 12,300 | |
The following events apply to Oak Consulting for Year 2:
c. Show the beginning balances and the events in a horizontal statements model such as the following one: (In the Cash Flow column, use the initials "OA" for operating activities, "FA" for financing activities and "NC" for net change in cash. Select "NA" wherever required. Enter any decreases to account balance and cash outflows with a minus sign.)
In: Accounting
DataSpan, Inc., automated its plant at the start of the current year and installed a flexible manufacturing system. The company is also evaluating its suppliers and moving toward Lean Production. Many adjustment problems have been encountered, including problems relating to performance measurement. After much study, the company has decided to use the performance measures below, and it has gathered data relating to these measures for the first four months of operations.
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Month |
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| 1 | 2 | 3 | 4 | ||
| Throughput time (days) | ? | ? | ? | ? | |
| Delivery cycle time (days) | ? | ? | ? | ? | |
| Manufacturing cycle efficiency (MCE) | ? | ? | ? | ? | |
| Percentage of on-time deliveries | 74% | 75% | 80% | 87% | |
| Total sales (units) | 10,430 | 10,550 | 10,550 | 10,500 | |
Management has asked for your help in computing throughput time, delivery cycle time, and MCE. The following average times have been logged over the last four months:
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Average per Month (in days) |
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| 1 | 2 | 3 | 4 | ||||||
| Move time per unit | 0.7 | 0.6 | 0.5 | 0.8 | |||||
| Process time per unit | 0.5 | 0.7 | 0.4 | 0.8 | |||||
| Wait time per order before start of production | 9.3 | 8.0 | 5.0 | 4.0 | |||||
| Queue time per unit | 3.5 | 3.3 | 2.8 | 1.5 | |||||
| Inspection time per unit | 0.3 | 0.7 | 0.6 | 0.7 | |||||
Required:
1-a. Compute the throughput time for each month. (Round your answers to 1 decimal place.)
1-b. Compute the manufacturing cycle efficiency (MCE) for each month. (Round your answers to 1 decimal place.)
1-c. Compute the delivery cycle time for each month. (Round your answers to 1 decimal place.)
3-a. Refer to the move time, process time, and so forth, given for month 4. Assume that in month 5 the move time, process time, and so forth, are the same as in month 4, except that through the use of Lean Production the company is able to completely eliminate the queue time during production. Compute the new throughput time and MCE. (Round your answers to 1 decimal place.)
3-b. Refer to the move time, process time, and so forth, given for month 4. Assume in month 6 that the move time, process time, and so forth, are again the same as in month 4, except that the company is able to completely eliminate both the queue time during production and the inspection time. Compute the new throughput time and MCE. (Round your answers to 1 decimal place.)
In: Accounting
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?
In: Accounting