The insurance company where you work is planning to raise all premiums for health-care coverage. Your boss has asked you to read a draft of her letter to customers annousing the new, higher rates. The first two paragraphs discuss some exciting medical advances and the expanded coverage offered by your company. Only in the final paragraph do customers learn that they will have to pay more for coverage starting next year. What are the ethical implications of this draft? What changes would you suggest (in detail), and why?

ABC Inc. expects to generate cash flows of $1 million per year in perpetuity. The firm is 100% equity financed and its cost of equity is 10%.

suppose the corporate tax rate is 40%

*

*What is the value of the unlevered firm?

*Suppose the firm changes its capital structure to 50% debt at an interest rate of 5%.

*According to M&M, what is the value of the levered firm?

*What will be the new cost of equity?

*What is the new WACC?

*Use the WACC to estimate firm value.  Do you get the same answer?

True or false for each statement :

1)Without friction or work by an external force, the sum of the potential and kinetic energies of a body is constant.

2)Work is done when the form of energy changes.

3)Work can be done in the absence of motion.

4)Less power is required while slowly lifting a box than while lifting it up quickly.

5)Energy conservation law for a projectile (no friction): Potential energy decrease equals the kinetic energy increase.

6)A source of energy is required to do work.

47. List the four types of audit opinions that can be issued in an audit of financial statements. ________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

48. Give an example of a situation where an auditor issues an unmodified opinion and adds an emphasis of matter paragraph. __________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

49. When a client changes its accounting policy, the auditor is required to issue what in relation to the change in policy under GAAP and SEC rules?   ________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

50. Under the PCAOB’s new auditor report standard, an auditor is required to issue a Critical Audit Matters (CAM). What are the 4 requirements necessitating the issues of a CAM? ______________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

1. A fiscal policy to expand aggregate supply: Group of answer choices results in increased output and a lower price level. works faster than fiscal policy to increase aggregate demand. requires tough trade restrictions to be effective. focuses on short-run economic growth. 2. Automatic stabilizers include all of the following EXCEPT: Group of answer choices tax revenues. transfer payments. increased research and development. All of the answers are correct. 3.All of these would help the U.S. achieve fiscal sustainability in the near future EXCEPT: Group of answer choices cuts in Social Security and Medicare. the abolishment of automatic stabilizers. reforms in government accounting procedures. massive tax increases to fund future Medicare liabilities. 4.Which statement is TRUE? Group of answer choices Changes in tax rates affect aggregate demand but not aggregate supply. Changes in tax rates affect both aggregate demand and aggregate supply. An increase in tax rates increases individuals' incentive to invest. An increase in tax rates encourages individuals to work more. 5.If the marginal propensity to consume in an economy is 0.75, what will be the effect of a reduction in government spending by $100 on the equilibrium output? Group of answer choices The equilibrium output will reduce by $400. The equilibrium output will reduce by $250. The equilibrium output will increase by $400. The equilibrium output will increase by $250.

A rapidly-growing fast-casual restaurant serving a regional market in the Ohio and Indiana markets was concerned about meeting demand for its burritos and burrito bowls during peak lunch hours. Therefore, the firm added a series of workers in a pilot test in their busiest shop in western Ohio. The shop added more and more workers trying to find their most efficient production point given additional workers. The following table depicts their production capabilities between their critical hours of 11:00 a.m. and 2:00 p.m. Note there have been no changes to the equipment or to the physical plant of the shop; only the number workers has changed.

1. Graph the performance of the workers using Excel; connect the points on the graph with a line or curve.
2. What principle of economics has the firm encountered in its pilot test of adding workers attempting to meet peak lunch demand?
3. Will this principle have any effect on the costs of the firm at some point? Please explain the relationship between costs and production changes displayed in the graph.

Explanation must be one paragraph long. The explain must be clear and persistent, and list number for answer.

Scenario

You are the nurse working triage in the emergency department (ED). This afternoon a woman brings in her father, ALI, a 72-year-old who is a retired doctor. The daughter reports that over the past several months she has noticed her father has progressively had problems with his mental capacity. These changes have developed gradually but seem to be getting worse. At times he is alert, and at other times he seems disoriented, depressed, and tearful. He is forgetting things and doing things out of the ordinary, such as placing the milk in the cupboard and sugar in the refrigerator. He had difficulty finding objects in the kitchen and at times forgets where his room is.

This morning he thought it was nighttime and wondered what his daughter was doing at his house. He could not pour his coffee, and he seems to be getting more agitated. ALI reports that he has been having memory problems for the past year and at times has difficulty remembering the names of family members and friends.

A review of his past medical history (PMH) is significant for hypercholesterolemia and coronary artery disease (CAD). He had a myocardial infarction (MI) 5 years ago. ALI’s vital signs (VS) today are all within normal limits (WNL).

Q:Discuss three cognitive changes seen in several elderly patients?                

Scenario

You are the nurse working triage in the emergency department (ED). This afternoon a woman brings in her father, ALI, a 72-year-old who is a retired doctor. The daughter reports that over the past several months she has noticed her father has progressively had problems with his mental capacity. These changes have developed gradually but seem to be getting worse. At times he is alert, and at other times he seems disoriented, depressed, and tearful. He is forgetting things and doing things out of the ordinary, such as placing the milk in the cupboard and sugar in the refrigerator. He had difficulty finding objects in the kitchen and at times forgets where his room is.

This morning he thought it was nighttime and wondered what his daughter was doing at his house. He could not pour his coffee, and he seems to be getting more agitated. ALI reports that he has been having memory problems for the past year and at times has difficulty remembering the names of family members and friends.

A review of his past medical history (PMH) is significant for hypercholesterolemia and coronary artery disease (CAD). He had a myocardial infarction (MI) 5 years ago. ALI’s vital signs (VS) today are all within normal limits (WNL).

Q:You know that age-related changes in the elderly may influence cognitive functioning. Name and discuss two.                                          

Scenario

You are the nurse working triage in the emergency department (ED). This afternoon a woman brings in her father, ALI, a 72-year-old who is a retired doctor. The daughter reports that over the past several months she has noticed her father has progressively had problems with his mental capacity. These changes have developed gradually but seem to be getting worse. At times he is alert, and at other times he seems disoriented, depressed, and tearful. He is forgetting things and doing things out of the ordinary, such as placing the milk in the cupboard and sugar in the refrigerator. He had difficulty finding objects in the kitchen and at times forgets where his room is.

This morning he thought it was nighttime and wondered what his daughter was doing at his house. He could not pour his coffee, and he seems to be getting more agitated. ALI reports that he has been having memory problems for the past year and at times has difficulty remembering the names of family members and friends.

A review of his past medical history (PMH) is significant for hypercholesterolemia and coronary artery disease (CAD). He had a myocardial infarction (MI) 5 years ago. ALI’s vital signs (VS) today are all within normal limits (WNL).

Q:You know that there are four main types of dementia that result in cognitive changes. List two types.

Scenario

You are the nurse working triage in the emergency department (ED). This afternoon a woman brings in her father, ALI, a 72-year-old who is a retired doctor. The daughter reports that over the past several months she has noticed her father has progressively had problems with his mental capacity. These changes have developed gradually but seem to be getting worse. At times he is alert, and at other times he seems disoriented, depressed, and tearful. He is forgetting things and doing things out of the ordinary, such as placing the milk in the cupboard and sugar in the refrigerator. He had difficulty finding objects in the kitchen and at times forgets where his room is.

This morning he thought it was nighttime and wondered what his daughter was doing at his house. He could not pour his coffee, and he seems to be getting more agitated. ALI reports that he has been having memory problems for the past year and at times has difficulty remembering the names of family members and friends.

A review of his past medical history (PMH) is significant for hypercholesterolemia and coronary artery disease (CAD). He had a myocardial infarction (MI) 5 years ago. ALI’s vital signs (VS) today are all within normal limits (WNL).

Q:You know that there are four main types of dementia that result in cognitive changes. List two types.