Questions
ANSWER ALL PARTS Kaelea, Inc., has no debt outstanding and a total market value of $98,000....

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...

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...

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 μ1μ2. (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...

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...

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

  1. The clinical scenario is most consistent with which diagnosis? You may simply list your answer below using a bullet point format. This does not have to be in a complete sentence.
  1. What data in the clinical scenario supports your diagnosis? Make sure to interpret the lab values that you list. You may simply list your answers below using a bullet point format. This does not have to be in a complete sentence. Interpret the labs that you list as part of your answer by indicating normal, high, or low.
  1. What are the two most common causes of the diagnosis in question 1? Which etiology is most likely causing the diagnosis in question 1? You may simply list your answer below using a bullet point format. This does not have to be in a complete sentence.
  1. Describe the key pathophysiologic concepts of the diagnosis in question 1. To answer this question completely, you must answer all of the sub-questions below using complete sentences. Each sub-question may be answered in 1-6 sentences.

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...

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 μ1μ2. (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...

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

  1. The clinical scenario is most consistent with which diagnosis? You may simply list your answer below using a bullet point format. This does not have to be in a complete sentence.
  1. What data in the clinical scenario supports your diagnosis? Make sure to interpret the lab values that you list. You may simply list your answers below using a bullet point format. This does not have to be in a complete sentence. Interpret the labs that you list as part of your answer by indicating normal, high or low.
  1. What are the two most common causes of the diagnoses in question 1? Which etiology is most likely causing the diagnosis in question 1? You may simply list your answer below using a bullet point format. This does not have to be in a complete sentence.
  1. Describe the key pathophysiologic concepts of the diagnosis in question 1. To answer this question completely, you must answer all of the sub-questions below using complete sentences. Each sub-question may be answered in 1-6 sentences.

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 comparative balance sheets for 2021 and 2020 and the statement of income for 2021 are...

The comparative balance sheets for 2021 and 2020 and the statement of income for 2021 are given below for Dux Company. Additional information from Dux’s accounting records is provided also.

DUX COMPANY
Comparative Balance Sheets
December 31, 2021 and 2020
($ in thousands)
2021 2020
Assets
Cash $ 129.0 $ 36.0
Accounts receivable 64.0 66.0
Less: Allowance for uncollectible accounts (5.0 ) (4.0 )
Dividends receivable 19.0 18.0
Inventory 71.0 66.0
Long-term investment 31.0 26.0
Land 86.0 40.0
Buildings and equipment 161.0 266.0
Less: Accumulated depreciation (6.0 ) (130.0 )
$ 550.0 $ 384.0
Liabilities
Accounts payable $ 29.0 $ 36.0
Salaries payable 18.0 21.0
Interest payable 20.0 18.0
Income tax payable 23.0 24.0
Notes payable 46.0 0
Bonds payable 91.0 50.0
Less: Discount on bonds (2.0 ) (3.0 )
Shareholders' Equity
Common stock 210.0 200.0
Paid-in capital—excess of par 24.0 20.0
Retained earnings 99.0 18.0
Less: Treasury stock (8.0 ) 0
$ 550.0 $ 384.0
DUX COMPANY
Income Statement
For the Year Ended December 31, 2021
($ in thousands)
Revenues
Sales revenue $ 440.0
Dividend revenue 19.0 $ 459.0
Expenses
Cost of goods sold 152.0
Salaries expense 57.0
Depreciation expense 2.0
Bad debt expense 1.0
Interest expense 40.0
Loss on sale of building 35.0
Income tax expense 48.0 335.0
Net income $ 124.0


Additional information from the accounting records:

  1. A building that originally cost $168,000, and which was three-fourths depreciated, was sold for $7,000.
  2. The common stock of Byrd Corporation was purchased for $5,000 as a long-term investment.
  3. Property was acquired by issuing a 13%, seven-year, $46,000 note payable to the seller.
  4. New equipment was purchased for $63,000 cash.
  5. On January 1, 2021, bonds were sold at their $41,000 face value.
  6. On January 19, Dux issued a 5% stock dividend (1,000 shares). The market price of the $10 par value common stock was $14 per share at that time.
  7. Cash dividends of $29,000 were paid to shareholders.
  8. On November 12, 12,500 shares of common stock were repurchased as treasury stock at a cost of $8,000.


Required:
Prepare the statement of cash flows for Dux Company using the indirect method. (Amounts to be deducted should be indicated with a minus sign. Enter your answers in thousands (i.e., 10,000 should be entered as 10).)

In: Accounting

1)A cylindrical water-tank has a small hole 60cm above the floor on which the tank stands....

1)A cylindrical water-tank has a small hole 60cm above the floor on which the tank stands. The depth of water in the tank is 1.8m.Assume the diameter of the tank to be greater than that of the hole. 1a) Find the horizontal distance from the side of the tank to the point on the floor where the stream of water lands. 1b) At what other height from the base of the tank would a second hole be drilled for water from this hole to strike the base at the same point as the first hole?

2) Water flows along the horizontal pipe cross section area 48cm2   which has a constriction of cross section area 12cm2 at one place. If the speed of water at the constriction is 4m/s, calculate the speed in the wider section and hence the pressure at the constriction if the pressure in the wider section is 1.0 x 105 pa. Density of water is 1000kg/m3

3)What volume of water will escape per minute from a tank through an opening 2cm in diameter and 5m below the level of water?

4)A venturi meter is equipped with a deferential mercury meter. The inlet diameter is 30cm and the throat diameter is 15cm. Find the ideal flow of water through the meter if the difference in height between the mercury columns is 23cm. Relative density of mercury is 13.6

5) Mercury at 20 degrees Celsius is flowing in a pipe of 50mm diameter at a certain point A with velocity 1.83m/s2 the pipe travels to point B, 3.78m above A, where the diameter has been reduced to 35mm. The pipe continues to a point C, 1.27m above B at which the diameter has changed to 75mm. The gauge pressure at A is 596 kpa. The relative density of mercury is 13.6 the atmospheric pressure is 101.325kpa and the gravitational acceleration is 9.81m/s2 . What would be the readings of the pressure gauges at points B and C?

6) A tank of large area is filled with water to a depth of 0.3m . A hole of 5cm2 cross section in the bottom allows water to drain out in a continuous stream. 6a)What is the rate at which water flows out the tank in m3/s? 6b) At what distance below the bottom of the tank is the cross-sectional area of the stream equal to one half of the area of the hole?

7)Water enclosed in a tank is subjected to a gauge pressure of 6x105 pa, applied by compressed air introduced into the top of the tank. A small hole of 5cm2 cross sectional area is in the side of the tank 5m below the level of the water. Estimate the rate at which water escapes from this hole in m3/hr.

In: Physics

Instructions Read the case study details below then answer the questions. Dave is a five-year-old sedentary...

Instructions

Read the case study details below then answer the questions.

Dave is a five-year-old sedentary male who was referred to a pediatric dietitian due to his pediatrician’s concerns with his weight gain over the past year. His parents recently divorced and both parents have equal custody. Prior to the divorce Dave was physically active and on a regular schedule of meals and snacks. Now Dave has unlimited access to snacks at both parents’ homes and his favorite pastimes include watching cartoons and playing video games with his brothers. Dave often snacks while dinner is being made and frequently drinks juice and soda. He often eats meals and sacks while watching TV with or without his mom or dad. He usually refuses to sit down and eat at the dinner table.

  1. At 3 years old Dave weighed 32 pounds and was 37 inches tall. At 4 years old Dave weighed 40 pounds and was 40 inches tall. At 5 years old Dave weighed 45 pounds and was 41 inches tall. What is Dave's weight for age %, height for age %, BMI, and BMI for age % at ages 3, 4, and 5? (see http://www.cdc.gov/growthcharts/ (Links to an external site.) for growth charts; 5 Points).
  2. Use one word to correctly interpret the current status of Dave’s weight according to his BMI for age percentile (1 point)?
  3. Do you have any other concerns about Dave’s growth based on the data in the above table (2 points)?
  4. What suggestions do you have for helping Dave’s parents decrease his risk of illness related to his weight (2 points)?
  5. Calculate the energy and protein requirements for a Dave at five years old (4 points). The EER for Boys 3 through 8 years is:
  • EER = 88.5 − (61.9 × age [y]) + PA × (26.7 × weight [kg] + 903 × height [m]) + 20 kcal
  • PA = 1.00 if PAL is estimated to be ≥ 1.0 < 1.4 (sedentary)
  • PA = 1.13 if PAL is estimated to be ≥ 1.4 < 1.6 (low active)
  • PA = 1.26 if PAL is estimated to be ≥ 1.6 < 1.9 (active)
  • PA = 1.42 if PAL is estimated to be ≥ 1.9 < 2.5 (very active)
  1. Describe the issues surrounding Dave’s mealtime behaviors (3 points).
  2. What concerns do you have about giving Dave unlimited access to snacks, juice, and soda (4 points)?
  3. How can healthy eating behaviors be developed in Dave?

In: Nursing