|
As a dialysis patient, Michelle has a 4-h dialysis treatment three times a week. When she arrives at the dialysis clinic, her weight, temperature, and blood pressure are taken and blood tests are done to determine the level of electrolytes and urea in her blood. In the dialysis center, tubes to the dialyzer are connected to the catheter she has had implanted. Blood is then pumped out of her body, through the dialyzer where it is filtered, and returned to her body. As Michelle's blood flows through the dialyzer, electrolytes from the dialysate move into her blood, and waste products in her blood move into the dialysate, which is continually renewed. To achieve normal serum electrolyte levels, dialysate fluid contains sodium, chloride, and magnesium levels that are equal to serum concentrations. These electrolytes are removed from the blood only if their concentrations are higher than normal. Typically, in dialysis patients, the potassium ion level is higher than normal. Therefore, initial dialysis may start with a low concentration of potassium ion in the dialysate. During dialysis, excess fluid is removed by osmosis. A 4-h dialysis session requires at least 120 L of dialysis fluid. During dialysis, the electrolytes in the dialysate are adjusted until the electrolytes have the same levels as normal serum. Initially the dialysate solution prepared for Michelle's pre-dialysis blood tests shows that the electrolyte levels in her blood are as follows: HCO3? 24 mEq/L, K+ 6.0 mEq/L, Na+ 148 mEq/L, Ca2+ 3.0 mEq/L, Mg2+ 1.0 mEq/L, Cl? 111.0 mEq/L. A dialysis solution is prepared for Michelle that contains the following: HCO3? 35.0 mEq/L , K+ 3.0 mEq/L , Na+ 130.0 mEq/L , Ca2+ 5.5 mEq/L , Mg2+ 3.0 mEq/L , Cl? 106.5, glucose 5.0% (m/v). |
Part A What is the total positive charge, in milliequivalents per liter, of the electrolytes in the dialysate fluid? Express the charge in milliequivalents per liter as an integer.
SubmitPrevious AnswersRequest Answer Incorrect; Try Again; 5 attempts remaining Part B What is the total negative charge, in milliequivalents per liter, of the electrolytes in the dialysate fluid? Express the charge in milliequivalents per liter to one decimal place.
SubmitPrevious AnswersRequest Answer Incorrect; Try Again; 5 attempts remaining Part C What is the net total charge, in milliequivalents per liter, of the electrolytes in the dialysate fluid? Express your answer as an integer.
SubmitRequest Answer Part D What is the osmolarity of the dialysate fluid? Express your answer using two decimal places.
|
In: Nursing
She developed an ABC system very similar to the one used by
Kane's
chief rival. Part of the reason Johnson developed the ABC system
was because Kane's
profits had been declining even though the company had shifted its
product mix toward the product that had appeared most profitable
under the old system. Before adopting the new ABC system, the
company had used a plantwide overhead rate based on direct labor
hours that was developed years ago.
|
Standard |
Deluxe |
|
|
Parts per wheel. . . . . . . . . . . . . . . . . . . . |
4.0 |
6.0 |
|
Setups per 1,000 wheels. . . . . . . . . . . . . . . |
20.0 |
20.0 |
|
Finishing direct labor hours per wheel. . . . . |
1.0 |
3.0 |
|
Total direct labor hours per wheel. . . . . . . . |
2.7 |
3.8 |
The company's managers expect to produce 1,000 units of each model during the year.
Activity Cost:
Activity.... Allocation Base........ Allocation Rate
Materials handling. . . .Number of parts.... $4.50 per part
Machine setup. . . . . . .Number of setups.... $325.00 per setup
Insertion of parts. . . . .Number of parts.......$31.00 per part
Finishing. . . . . . . . . . . .Finishing direct labor hours....$51.00 per hour
Requirement 1. Compute the total budgeted manufacturing overhead cost for the upcoming year. (Enter the rates to two decimal places.)
|
Kane Corporation |
|||
|
Total Budgeted Indirect Manufacturing Costs |
|||
|
Budgeted Quantity of |
Activity Cost |
Total Budgeted |
|
|
Activity |
Cost Allocation Base |
Allocation Rate |
Indirect Cost |
|
Materials handling |
|||
|
Machine setups |
|||
|
Insertion of parts |
|||
|
Finishing |
|||
|
Total budgeted indirect cost |
|||
Requirement 2. Compute the manufacturing overhead cost per wheel of each model using ABC. (Round the cost allocation base to three decimals and cost per wheel to the nearest cent.)
|
Kane Corporation |
|||||
|
ABC Indirect Manufacturing Cost per Unit |
|||||
|
Cost |
Quantity of Cost Allocation |
Allocated Activity |
|||
|
Activity |
Allocation Rate |
Base Used By: |
Cost Per Wheel |
||
|
Standard |
Deluxe |
Standard |
Deluxe |
||
|
Materials handling |
|||||
|
Machine setup |
|||||
|
Insertion of parts |
|||||
|
Finishing |
|||||
|
Total ABC allocated indirect cost |
|||||
Requirement 3. Compute the company's traditional plantwide overhead rate. Use this rate to determine the manufacturing overhead cost per wheel under the traditional system.
Begin by identifying the formula to compute the current plantwide manufacturing overhead rate, then compute the rate. (Round your answer to the nearest cent.)
|
/ |
= |
Plantwide overhead rate |
|
/ |
= |
per DL hour |
Now use the plantwide overhead rate to determine the manufacturing overhead cost per wheel. (Round your answers to the nearest cent.)
|
x |
= |
Manufacturing overhead |
|||
|
Standard |
x |
= |
|||
|
Deluxe |
x |
= |
In: Accounting
Module Four Homework Assignment
Exhibit A
James Trading Corporation
Balance Sheet
December 31, 20XX
|
Assets |
$ |
Liabilities and Equity |
$ |
|---|---|---|---|
|
Cash |
23,015 |
||
|
Accounts receivable |
141,258 |
Accounts payable |
184,372 |
|
Inventory |
212,444 |
Long term debt |
168,022 |
|
Total current assets |
376,717 |
Total liabilities |
352,394 |
|
Net Plant and equipment |
711,256 |
Common Stock |
313,299 |
|
Other assets |
89,879 |
Retained earnings |
512,159 |
|
Total equity |
825,458 |
||
|
Total Assets |
$1,177,852 |
Total Liabilities and Equity |
$1,177,852 |
James Trading Corporation
Income Statement
December 31, 20XX
|
Income Statement |
$ |
|---|---|
|
Sales |
$2,130,000 |
|
Cost of goods sold |
(1,015,000) |
|
Gross margin |
1,115,000 |
|
Operating expenses |
(878,000) |
|
Depreciation |
(16,030) |
|
Operating income |
220,970 |
|
Interest expense |
(10,011) |
|
Earnings before taxes |
210,959 |
|
Income taxes |
(54,000) |
|
Net income |
$156,959 |
Industry Average Ratios
|
Item |
Ration |
|---|---|
|
Current ratio |
2.1 |
|
Quick ratio |
0.8 |
|
Days in inventory |
92 |
|
Days in accounts receivable |
63 |
|
Gross margin |
23.9% |
|
Net margin |
12.3% |
|
Long term debt to equity ratio |
1.0 |
|
Interest coverage |
5.6 |
|
ROA |
5.3% |
|
ROE |
18.8% |
1. Using the Exhibit A document, compute the following ratio, compare it to the industry average, and comment. Compute the current ratio.
2. Using the Exhibit A document, compute the following ratio, compare it to the industry average, and comment. Compute the quick ratio.
3. Using the Exhibit A document, compute the following ratio, compare it to the industry average, and comment. Compute days outstanding in accounts receivable.
4. Using the Exhibit A document, compute the following ratio, compare it to the industry average, and comment. Compute the gross margin.
5. Using the Exhibit A document, compute the following ratio, compare it to the industry average, and comment. Compute the net income percentage.
6. Using the Exhibit A document, compute the following ratio, compare it to the industry average, and comment. Compute the long term debt to equity ratio.
7. Using the Exhibit A document, compute the following ratio, compare it to the industry average, and comment. Compute the interest coverage.
8. Using the Exhibit A document, compute the following ratio, compare it to the industry average, and comment. Compute the ROA.
9. Using the Exhibit A document, compute the following ratio, compare it to the industry average, and comment. Compute the ROE.
10. Using the Exhibit A document, compute the following ratio, compare it to the industry average, and comment. Compute the ROE using the DuPont Model.
In: Economics
ANSWER ALL PARTS
Kaelea, Inc., has no debt outstanding and a total market value
of $98,000. Earnings before interest and taxes, EBIT, are projected
to be $9,300 if economic conditions are normal. If there is strong
expansion in the economy, then EBIT will be 23 percent higher. If
there is a recession, then EBIT will be 32 percent lower. The
company is considering a $29,800 debt issue with an interest rate
of 7 percent. The proceeds will be used to repurchase shares of
stock. There are currently 4,900 shares outstanding. Assume the
company has a market-to-book ratio of 1.0.
a. Calculate return on equity, ROE, under each of
the three economic scenarios before any debt is issued, assuming no
taxes. (Do not round intermediate calculations and enter
your answers as a percent rounded to 2 decimal places, e.g.,
32.16.)
| ROE | |
| Recession | % |
| Normal | % |
| Expansion | % |
b. Calculate the percentage changes in ROE when
the economy expands or enters a recession, assuming no taxes.
(A negative answer should be indicated by a minus
sign. Do not round intermediate calculations and enter your
answers as a percent rounded to the nearest whole number, e.g.,
32.)
| %ΔROE | |
| Recession | % |
| Expansion | % |
Assume the firm goes through with the proposed recapitalization and
no taxes.
c. Calculate return on equity, ROE, under each of
the three economic scenarios after the recapitalization.
(Do not round intermediate calculations and enter your
answers as a percent rounded to 2 decimal places, e.g.,
32.16.)
| ROE | |
| Recession | % |
| Normal | % |
| Expansion | % |
d. Calculate the percentage changes in ROE for
economic expansion and recession. (A negative answer should
be indicated by a minus sign. Do not round
intermediate calculations and enter your answers as a percent
rounded to 2 decimal places, e.g.,
32.16.)
| %ΔROE | |
| Recession | % |
| Expansion | % |
Assume the firm has a tax rate of 40 percent.
e. Calculate return on equity, ROE, under each of
the three economic scenarios before any debt is issued. Also,
calculate the percentage changes in ROE for economic expansion and
recession. (A negative answer should be indicated by a
minus sign. Do not round intermediate calculations
and enter your answers as a percent rounded to 2 decimal places,
e.g., 32.16.)
| ROE | |
| Recession | % |
| Normal | % |
| Expansion | % |
| %ΔROE | |
| Recession | % |
| Expansion | % |
f. Calculate return on equity, ROE, under each of
the three economic scenarios after the recapitalization. Also,
calculate the percentage changes in ROE for economic expansion and
recession, assuming the firm goes through with the proposed
recapitalization. (A negative answer should be indicated by
a minus sign. Do not round intermediate
calculations and enter your answers as a percent rounded to 2
decimal places, e.g.,
32.16.)
| ROE | |
| Recession | % |
| Normal | % |
| Expansion | % |
| %ΔROE | |
| Recession | % |
| Expansion | % |
In: Finance
Quantitative Problem: Rosnan Industries' 2014 and 2013 balance sheets and income statements are shown below.
| Balance Sheets: | |||
| 2014 | 2013 | ||
| Cash and equivalents | $80 | $65 | |
| Accounts receivable | 275 | 300 | |
| Inventories | 375 | 350 | |
| Total current assets | $730 | $715 | |
| Net plant and equipment | 2,000 | 1,490 | |
| Total assets | $2,730 | $2,205 | |
| Accounts payable | $150 | $85 | |
| Accruals | 75 | 50 | |
| Notes payable | 130 | 155 | |
| Total current liabilities | $355 | $290 | |
| Long-term debt | 450 | 290 | |
| Common stock | 1,225 | 1,225 | |
| Retained earnings | 700 | 400 | |
| Total liabilities and equity | $2,730 | $2,205 | |
| Income Statements: | |||
| 2014 | 2013 | ||
| Sales | $2,000 | $1,500 | |
| Operating costs excluding depreciation | 1,250 | 1,000 | |
| EBITDA | $750 | $500 | |
| Depreciation and amortization | 100 | 75 | |
| EBIT | $650 | $425 | |
| Interest | 62 | 45 | |
| EBT | $588 | $380 | |
| Taxes (40%) | 235 | 152 | |
| Net income | $353 | $228 | |
| Dividends paid | $53 | $48 | |
| Addition to retained earnings | $300 | $180 | |
| Shares outstanding | 100 | 100 | |
| Price | $25.00 | $22.50 | |
| WACC | 10.00% | ||
What is the firm’s 2014 current ratio? Round your answer to two decimal places.
The 2014 current ratio indicates that Rosnan has
-Select-insufficientsufficientCorrect 1 of Item 3 current assets to
meet its current obligations as they come due.
What is the firm’s 2014 total assets turnover ratio? Round your
answer to four decimal places.
Given the 2014 current and total assets turnover ratios
calculated above, if Rosnan’s 2014 quick ratio is 1.0 then an
analyst might conclude that Rosnan’s fixed assets are managed
-Select-efficientlyinefficientlyCorrect 1 of Item 4.
What is the firm’s 2014 debt-to-capital ratio? Round your answer to
two decimal places.
%
If the industry average debt-to-capital ratio is 30%, then
Rosnan’s creditors have a -Select-smallerbiggerCorrect 1 of Item 5
cushion than indicated by the industry average.
What is the firm’s 2014 profit margin? Round your answer to two
decimal places.
%
If the industry average profit margin is 12%, then Rosnan’s
lower than average debt-to-capital ratio might be one reason for
its high profit margin.
-Select-TrueFalseCorrect 1 of Item 6
What is the firm’s 2014 price/earnings ratio? Round your answer to two decimal places.
Using the DuPont equation, what is the firm’s 2014 ROE? Round
your answer to two decimal places.
%
In: Finance
The following data represent petal lengths (in cm) for independent random samples of two species of Iris.
Petal length (in cm) of Iris virginica: x1; n1 = 35
| 5.1 | 5.9 | 6.1 | 6.1 | 5.1 | 5.5 | 5.3 | 5.5 | 6.9 | 5.0 | 4.9 | 6.0 | 4.8 | 6.1 | 5.6 | 5.1 |
| 5.6 | 4.8 | 5.4 | 5.1 | 5.1 | 5.9 | 5.2 | 5.7 | 5.4 | 4.5 | 6.4 | 5.3 | 5.5 | 6.7 | 5.7 | 4.9 |
| 4.8 | 5.9 | 5.1 |
Petal length (in cm) of Iris setosa: x2; n2 = 38
| 1.5 | 1.9 | 1.4 | 1.5 | 1.5 | 1.6 | 1.4 | 1.1 | 1.2 | 1.4 | 1.7 | 1.0 | 1.7 | 1.9 | 1.6 | 1.4 |
| 1.5 | 1.4 | 1.2 | 1.3 | 1.5 | 1.3 | 1.6 | 1.9 | 1.4 | 1.6 | 1.5 | 1.4 | 1.6 | 1.2 | 1.9 | 1.5 |
| 1.6 | 1.4 | 1.3 | 1.7 | 1.5 | 1.7 |
(a) Use a calculator with mean and standard deviation keys to calculate x1, s1, x2, and s2. (Round your answers to two decimal places.)
| x1 = | |
| s1 = | |
| x2 = | |
| s2 = |
(b) Let μ1 be the population mean for
x1 and let μ2 be the
population mean for x2. Find a 99% confidence
interval for μ1 − μ2.
(Round your answers to two decimal places.)
| lower limit | |
| upper limit |
(c) Explain what the confidence interval means in the context of
this problem. Does the interval consist of numbers that are all
positive? all negative? of different signs? At the 99% level of
confidence, is the population mean petal length of Iris
virginica longer than that of Iris setosa?
Because the interval contains only positive numbers, we can say that the mean petal length of Iris virginica is longer.Because the interval contains only negative numbers, we can say that the mean petal length of Iris virginica is shorter. Because the interval contains both positive and negative numbers, we cannot say that the mean petal length of Iris virginica is longer.
(d) Which distribution did you use? Why?
The standard normal distribution was used because σ1 and σ2 are unknown.The Student's t-distribution was used because σ1 and σ2 are known. The standard normal distribution was used because σ1 and σ2 are known.The Student's t-distribution was used because σ1 and σ2 are unknown.
Do you need information about the petal length distributions?
Explain.
Both samples are large, so information about the distributions is needed.Both samples are large, so information about the distributions is not needed. Both samples are small, so information about the distributions is needed.Both samples are small, so information about the distributions is not needed.
In: Statistics and Probability
Kaelea, Inc., has no debt outstanding and a total market value
of $69,000. Earnings before interest and taxes, EBIT, are projected
to be $9,000 if economic conditions are normal. If there is strong
expansion in the economy, then EBIT will be 20 percent higher. If
there is a recession, then EBIT will be 25 percent lower. The
company is considering a $21,900 debt issue with an interest rate
of 8 percent. The proceeds will be used to repurchase shares of
stock. There are currently 4,600 shares outstanding. Assume the
company has a market-to-book ratio of 1.0.
a. Calculate return on equity, ROE, under each of
the three economic scenarios before any debt is issued, assuming no
taxes. (Do not round intermediate calculations and enter
your answers as a percent rounded to 2 decimal places, e.g.,
32.16.)
| ROE | |
| Recession | % |
| Normal | % |
| Expansion | % |
b. Calculate the percentage changes in ROE when
the economy expands or enters a recession, assuming no taxes.
(A negative answer should be indicated by a minus
sign. Do not round intermediate calculations and enter your
answers as a percent rounded to the nearest whole number, e.g.,
32.)
| %?ROE | |
| Recession | % |
| Expansion | % |
Assume the firm goes through with the proposed recapitalization and
no taxes.
c. Calculate return on equity, ROE, under each of
the three economic scenarios after the recapitalization.
(Do not round intermediate calculations and enter your
answers as a percent rounded to 2 decimal places, e.g.,
32.16.)
| ROE | |
| Recession | % |
| Normal | % |
| Expansion | % |
d. Calculate the percentage changes in ROE for
economic expansion and recession. (A negative answer should
be indicated by a minus sign. Do not round
intermediate calculations and enter your answers as a percent
rounded to 2 decimal places, e.g.,
32.16.)
| %?ROE | |
| Recession | % |
| Expansion | % |
Assume the firm has a tax rate of 35 percent.
e. Calculate return on equity, ROE, under each of
the three economic scenarios before any debt is issued. Also,
calculate the percentage changes in ROE for economic expansion and
recession. (A negative answer should be indicated by a
minus sign. Do not round intermediate calculations
and enter your answers as a percent rounded to 2 decimal places,
e.g., 32.16.)
| ROE | |
| Recession | % |
| Normal | % |
| Expansion | % |
| %?ROE | |
| Recession | % |
| Expansion | % |
f. Calculate return on equity, ROE, under each of
the three economic scenarios after the recapitalization. Also,
calculate the percentage changes in ROE for economic expansion and
recession, assuming the firm goes through with the proposed
recapitalization. (A negative answer should be indicated by
a minus sign. Do not round intermediate
calculations and enter your answers as a percent rounded to 2
decimal places, e.g.,
32.16.)
| ROE | |
| Recession | % |
| Normal | % |
| Expansion | % |
| %?ROE | |
| Recession | % |
| Expansion | % |
In: Finance
A 36 years old Caucasian obese female presents to the ER with a
complaint of epigastric pain for the last 2 days. The pain radiates
through to her back, is constant, sharp in nature, and reliever
with sitting up. Associated symptoms include nausea and non-bloody
emesis. Eating makes the pain worse and therefore she has not eaten
for the last 24 hours. She is married with 2 children. She denies
any alcohol or drug use. On assessment she is afebrile, HR is 100,
RR 22, and BP is 110/70mmhg. She is restless from the pain,
diaphoretic and has icteric sclera. Heart and lung assessment are
unremarkable. The abdomen is soft with hypoactive bowel sounds and
tender in the epigastric area and RUQ.
labs:
Sodium 140. potassium 3.0. Creatinine 1.0. BUN 20. WBC 12000, HCT
54. Hgb 18. Plt 200000. AST 70. ALT 75. Alkaline phosphatase 294.
Total bilirubin 8.0. GGT 65. Lipase 1050.
Questions
a. Why is the potassium value abnormal?
b. What do the abnormal GGT and Alkaline Phosphate indicate?
c. Why are the lipase and bilirubin elevated?
5. For what actual or potential complications related to the diagnosis in question 1 does she need to be monitored? You may simply list your answer(s) below using a bullet point format. This does not have to be in a complete sentence.
In: Nursing
The following data represent petal lengths (in cm) for independent random samples of two species of Iris.
Petal length (in cm) of Iris virginica: x1; n1 = 35
| 5.1 | 5.6 | 6.3 | 6.1 | 5.1 | 5.5 | 5.3 | 5.5 | 6.9 | 5.0 | 4.9 | 6.0 | 4.8 | 6.1 | 5.6 | 5.1 |
| 5.6 | 4.8 | 5.4 | 5.1 | 5.1 | 5.9 | 5.2 | 5.7 | 5.4 | 4.5 | 6.4 | 5.3 | 5.5 | 6.7 | 5.7 | 4.9 |
| 4.8 | 5.9 | 5.2 |
Petal length (in cm) of Iris setosa: x2; n2 = 38
| 1.5 | 1.9 | 1.4 | 1.5 | 1.5 | 1.6 | 1.4 | 1.1 | 1.2 | 1.4 | 1.7 | 1.0 | 1.7 | 1.9 | 1.6 | 1.4 |
| 1.5 | 1.4 | 1.2 | 1.3 | 1.5 | 1.3 | 1.6 | 1.9 | 1.4 | 1.6 | 1.5 | 1.4 | 1.6 | 1.2 | 1.9 | 1.5 |
| 1.6 | 1.4 | 1.3 | 1.7 | 1.5 | 1.5 |
(a) Use a calculator with mean and standard deviation keys to calculate x1, s1, x2, and s2. (Round your answers to two decimal places.)
| x1 = | |
| s1 = | |
| x2 = | |
| s2 = |
(b) Let μ1 be the population mean for
x1 and let μ2 be the
population mean for x2. Find a 99% confidence
interval for μ1 − μ2.
(Round your answers to two decimal places.)
| lower limit | |
| upper limit |
(c) Explain what the confidence interval means in the context of
this problem. Does the interval consist of numbers that are all
positive? all negative? of different signs? At the 99% level of
confidence, is the population mean petal length of Iris
virginica longer than that of Iris setosa?
Because the interval contains only positive numbers, we can say that the mean petal length of Iris virginica is longer.Because the interval contains only negative numbers, we can say that the mean petal length of Iris virginica is shorter. Because the interval contains both positive and negative numbers, we cannot say that the mean petal length of Iris virginica is longer.
(d) Which distribution did you use? Why?
The standard normal distribution was used because σ1 and σ2 are unknown.The Student's t-distribution was used because σ1 and σ2 are known. The standard normal distribution was used because σ1 and σ2 are known.The Student's t-distribution was used because σ1 and σ2 are unknown.
Do you need information about the petal length distributions?
Explain.
Both samples are small, so information about the distributions is not needed.Both samples are large, so information about the distributions is not needed. Both samples are small, so information about the distributions is needed.Both samples are large, so information about the distributions is needed.
In: Statistics and Probability
A 36 year old caucasian, obese, female presents to the ED with a complaint of epigastric pain for the last 2 days. THe pain radiates through to her back, is consistant, sharp in nature and relieved with sitting up. Associated symptoms includes nausea and non-bloody emesis. Eating make the pain worse and therefore she has not eaten for the last 24 hrs. He is married and has two children. She denies any alcohol and drug use. One assessment she is afebrile, heart rate 100, respirations 22, and BP 110/70mmhg. SHe is restless from the pain, diaphorietic and has a icteric sclera. Heart and lung assessment are unremarkable. abdomen is soft with hypoactive bowel sound and tender in the epigastric area and RUQ.
LAB;
Sodium- 140
Potassium- 3.0
Creatnine- 1.0
BUN- 20
WBC 12000
Hct- 54%
Hgb-18
platetes 200,000
AST- 70
ALT 75
Alkaline phosphatase 294
Total bilirubin- 8.0
GGT- 65
Lipase- 1050
Questions
a. Why is the potassium value abnormal?
b. What do the abnormal GGT and Alkaline Phosphate indicate?
c. Why are the lipase and bilirubin elevated?
5. For what actual or potential complications related to the diagnosis in question 1 does she need to be monitored? You may simply list your answer(s) below using a bullet point format. This does not have to be in a complete sentence.
In: Nursing