Edom Company, the lessor, enters into a lease with Davis Company to lease equipment to Davis beginning January 1, 2016. The lease terms, provisions, and related events are as follows:

1. The lease term is 5 years. The lease is noncancelable and requires annual rental receipts of $100,000 to be made in advance at the beginning of each year.

2. The equipment costs $313,000. The equipment has an estimated life of 6 years and, at the end of the lease term, has an unguaranteed residual value of $20,000 accruing to the benefit of Edom.

3. Davis agrees to pay all executory costs.

4. The interest rate implicit in the lease is 14%.

5. The initial direct costs are insignificant and assumed to be zero.

6. The collectibility of the rentals is reasonably assured, and there are no important uncertainties surrounding the amount of unreimbursable costs yet to be incurred by the lessor.

Solve: 1. Determine if the lease is a sales-type or direct financing lease from Edom’s point of view (calculate the selling price and assume that this is also the fair value).

2. Prepare a table summarizing the lease receipts and interest revenue earned by the lessor.

3. Prepare journal entries for Edom, the lessor, for the years 2016 and 2017.

I have part 1, the Selling price at fair value is 520,000 and is a sales type contract, its the rest I am having trouble with

How do I do a nursing care plan with this case scenario?

Mrs. Rose is a 51- year- old female who is admitted to the medical surgical unit following a resection of the sigmoid colon and rectum due to a cancerous growth. She has a colostomy.

Mrs. Rose is married, has three children - two daughters, age 29 and 26, who are living on their own approx. 2 hours away and a son, age 20, who is in university and living at home.

Mrs. Rose had been in good health until January of this year when she noticed a decrease in appetite, abnormal bowel movements, varying from small hard stools to loose watery stools, and a sudden drop in weight of 9 lbs over 4 weeks. Mrs. Rose stated she had not been on a diet, had always struggled with her weight and was secretly elated when she began to lose weight with no effort.

Mrs. Rose is on a blood pressure medication and takes vitamin D and Calcium po daily. She has no known allergies.

Doctor’s Orders post operatively include:

Vital signs q4h

AAT – ambulate daily

Diet – clear fluids for 12 hours then soft foods with low sodium

IV Normal Saline at 100 cc/hr

Medications:

Norvasc 5mg po OD

Calcium / Vitamin D supplements as per routine

Clean area around stoma 2x daily

Consult to Enterostomal therapy

Morphine 2.5 mg IV every 2 hours prn

Gravol 50 mg po q 4 hr prn

You are assigned total patient care for Mrs. Rose. She is now 19 hours post- operative. When you approach Mrs. Rose and introduce yourself, she nods but does not respond.

The patient has an IV #20 intercath infusing in the left forearm of Normal Saline at100 cc/hr.

She has a stoma protruding from the left side of the abdomen.

A stoma bag is covering the stoma and attached to the skin surrounding it.

During your initial assessment, Mrs. Rose begins to cry and says: “I can’t believe this is happening to me.” While you are providing personal care Mrs. Rose covers her head with the sheet.   

You examine the stoma, note that it is pink and oozing liquid stool into the stoma bag. You inform Mrs. Rose that the incision site is very clean and looks healthy. Mrs. Rose refuses to look at the stoma and tells you “I do not want to hear anything about this.”

A liquid diet was initially ordered but now soft foods have been ordered for Mrs. Rose. Mrs. Rose refuses the tray stating, “I’m not hungry.”

Mrs. Rose’s husband and son arrive after breakfast and are very concerned and attentive over her. She smiles and asks them several questions about their work and university. Her daughters will be arriving later in the day.

You explain to Mr. Rose that it is important to ambulate daily (as per Dr Orders) and that he and their son can certainly be there and assist. Mrs. Rose tells you she is in too much pain to get out of bed and perhaps it is better that her husband and son go home and come back later. You ask Mrs. Rose about the intensity of the pain. She says it is 7/10.

Later that day, Mrs. Rose appears flushed and you note the following assessment findings:

Temp 37.9,

HR 87,

BP 153/87,

R 20,

O2 saturation per pulse oximetry-100% on room air.

The skin around the stoma is red and appears irritated, the stoma is still pink, and draining a very soft slightly formed stool.

the chart of accounts of pete's delivery services includes the following: cash 111 accounts receivable 112 office equipment 121 delivery trucks 122 accounts payable 211 pete jean capital 311 pete jean withdrawals 312 delivery fees earned 411 advertising expense 511 gas expense 512 salaries expense 513 telephone expense 514 the following tranactions resulted for pete's delivery service during the month of march? a. pete invested $40,000 in the business for his personal savings account b. bought delivery trucks on account $25,000 c. advertising bill received but unpaid $800 d. bought office eqipment for cash $2,500 e. received cash for delivery services rendered $13,000 f. paid salaries expense $1,850 g. paid gas expense for company trucks $750 h. billed customers for delivery services rendered $5,500 i. paid telephone bill $400 j. received $1,600 as partial payment of transaction h k. pete paid home telephone bill from company checkbook $88 As pete's newly employed account your task is to 1. set up T accounts in a ledger 2. record transactions in the T accounts (place the letter of the transaction next tot the entry) 3. foot the T accounts where appropriate 4. Prepare a trial balance at the end of March 5. Prepare from the trial balance, in proper form (a) an income statement for the month of March (b) a statement of owner's equity and (c) a balance sheet as of March 31

the chart of accounts of pete's delivery services includes the following: cash 111 accounts receivable 112 office equipment 121 delivery trucks 122 accounts payable 211 pete jean capital 311 pete jean withdrawals 312 delivery fees earned 411 advertising expense 511 gas expense 512 salaries expense 513 telephone expense 514 the following tranactions resulted for pete's delivery service during the month of march?

a. pete invested $40,000 in the business for his personal savings account

b. bought delivery trucks on account $25,000

c. advertising bill received but unpaid $800

d. bought office eqipment for cash $2,500

e. received cash for delivery services rendered $13,000

f. paid salaries expense $1,850

g. paid gas expense for company trucks $750

h. billed customers for delivery services rendered $5,500

i. paid telephone bill $400

j. received $1,600 as partial payment of transaction h

k. pete paid home telephone bill from company checkbook $88

As pete's newly employed account your task is to

1. set up T accounts in a ledger

2. record transactions in the T accounts (place the letter of the transaction next tot the entry)

3. foot the T accounts where appropriate

4. Prepare a trial balance at the end of March

5. Prepare from the trial balance, in proper form (a) an income statement for the month of March (b) a statement of owner's equity and (c) a balance sheet as of March 31

Company             Cash from Operations    Cash from Investing        Cash from Financing

Microsoft             $7,951                                 $ (6,176)                           $ 5,541

Ebay                         9,969                                      3,579                                  (9,694)

TJ MAX                 (2,498)                                        438                                     396

Each of these companies shows a different cash flow pattern. Explain what these patterns might indicate about each company.

National polls are often conducted by asking the opinions of a few thousand adults nationwide and using them to infer the opinions of all adults in the nation. Explain who is in the sample and who is in the population for such polls. Please use a poll from a newspaper, TV, a magazine, or from the Internet. cite a source.

This question is worth 10 marks in total. This is a written calculation question, and you should perform the necessary calculations/working on paper to later be scanned and uploaded. Start a new page for this question. For dollar amounts, give your answer to the nearest cent. For interest rates, give our answer as a percentage rounded to 2 decimal places.

If any parts of the question use values from earlier parts, use the EXACT values from earlier parts.

QUESTION START

You want to buy a car which will cost you $10,000. You do not have sufficient funds to purchase the car. You do not expect the price of the car to change in the foreseeable future. You can either save money or borrow money to buy the car.

• Plan 1: You decide to open a bank account and start saving money. You will purchase the car when you have sufficient savings. The nominal interest rate for the bank account is 6% per annum compounded monthly.

a) You will make regular deposits in your bank account at the start of each month for the next 2.5 years. Calculate the minimum required monthly savings to be deposited into the bank such that you would have sufficient funds to purchase the car in 2.5 years. (1 mark)

b) You will make regular deposits in your bank account at the start of each week for the next 2.5 years. Calculate the minimum required weekly savings to be deposited into the bank such that you would have sufficient funds to purchase the car in 2.5 years.

c) You will make regular deposits of $2,000 at the end of each year. Calculate how long will it take for you to have sufficient funds to purchase the car. (1 mark)

• Plan 2: You decide to borrow $13,000 from the bank and purchase the car now, as well as cover some other expenses. The bank offers two options for the structure of the repayments.

- Option 1: The first repayment will not start until you graduate from university. Therefore, no month-end-instalments will be made for the first 36 months. Then, commencing at the end of the 37^th month, a total of 30 month-end-instalments of $X will be made over the life of the loan. The nominal interest rate is 6% per annum compounded monthly.

d) Calculate X. (2 mark)

e) Your parents agree to help you repay the loan by contributing a lump sum of $1,800 when you successfully graduate from university. Calculate the new value of X. (1 mark)

- Option 2: For the first 36 months (while you are still studying), you will be making month-end-instalments of $Y. Then, commencing at the end of the 37^th month (when you graduate from university), you will double the amount of monthly repayment for the remaining 30 month-end-instalments. The nominal interest rate is 6% per annum compounded monthly.

f) Calculate the value of Y.

Rank the welfare of the entire country with the following policies and explain your reasoning.

(a) Export subsidy of US$5 per pound of sugar in a small country

(b) Export subsidy of US$5 per pound of sugar in a large country

(c) Production subsidy of US$5 per pound of sugar in a small country

US Economic growth has been criticized as being too slow. Why do we care? Compare the US growth with foreign countries. You pick the countries that you think the US should care about and explain how and why the economies in these countries have diverged in economic growth. Explain in detail.

Suppose that the spot price of oil is US$19,

The quoted 1-year futures price of oil is us$16

The 1-year US$ interest rate is 5% per annum

The storage cost of oil are %2 per annum

is there an arbitrage opportunity? is yes, please explain how you can observe this opportunity.