Use the References to access important values if needed for this question.

h. Consider the reaction when aqueous solutions of calcium chloride and sodium hydroxide are combined. The net ionic equation for this reaction is:

j. Consider the reaction when aqueous solutions of potassium carbonate and nickel(II) acetate are combined. The net ionic equation for this reaction is:

k. Consider the reaction when aqueous solutions of potassium sulfide and sodium phosphate are combined. The net ionic equation for this reaction is:

l. Consider the reaction when aqueous solutions of silver(I) acetate and sodium phosphate are combined. The net ionic equation for this reaction is:

m. Consider the reaction when aqueous solutions of barium sulfide and cobalt(II) acetate are combined. The net ionic equation for this reaction is:

n. Consider the reaction when aqueous solutions of potassium nitrate and barium sulfide are combined. The net ionic equation for this reaction is:

o. Consider the reaction when aqueous solutions of calcium chloride and potassium sulfide are combined. The net ionic equation for this reaction is:

p. Consider the reaction when aqueous solutions of calcium chloride and potassium sulfide are combined. The net ionic equation for this reaction is:

q. Consider the reaction when aqueous solutions of silver(I) nitrate and potassium sulfide are combined. The net ionic equation for this reaction is:

r. Consider the reaction when aqueous solutions of calcium acetate and nickel(II) iodide are combined. The net ionic equation for this reaction is:

The clinical instructor has assigned a group of students to work with patients on a special nursing unit that treats women with postpartum depression. The instructor assigns the following questions as part of the preclinical preparation.

a) What is depression, and what is the current biogenic theory for the causes of depression?

b) Describe the actions of these classes of antidepressants:

TCA

MAO inhibitors

SSRI’s

In the tale of Genji,do the women portrayed in the novel have any agency? in other words, do we see them act independently or only in relation to Genji?

What type of behavioral investing might impact your stocks.

Distribution, Metabolism, Drug Interactions, and the Effects of Aging, Obesity, and Disease

Problem #4

Please describe 3 different processes through which a drug can exert pharmacokinetic non-linearity and give an example of a drug (different drug for each type) that exerts this type of non-linearity for each example (e.g., saturablemetabolism and phenytoin)

Absorption-related non-linearity – mechanism and example of a drug

Distribution-related non-linearity – mechanism and example of a drug

Metabolism-related non-linearity – mechanism and example of a drug

Problem #5

Please describe the influence of extremes of age, obesity, and a disease state of your choice on the following processes and give an example of a drug that may be affected by each. If none – state “no effect.”

5a. Influence of extremes of age (neonate vs. elderly)

Absorption –

Example of drug:

Distribution –

Example of drug:

Metabolism –

Example of drug:

Excretion –

Example of drug:

5b. Influence of obesity

Absorption –

Example of drug:

Distribution –

Example of drug:

Metabolism –

Example of drug:

Excretion –

Example of drug:

5c. Disease state of your choice (write in disease state) _________________________

Absorption –

Example of drug:

Distribution –

Example of drug:

Metabolism –

Example of drug:

Excretion –

Example of drug:

Problem #6

Explain the influence of aging on each of the following:

Drug metabolism through CYP3A4 (consider both gut and liver)

Glucuronidation

Sulfation

Acetylation

State the expectations theory and explain its significance. Using the generalized equation of the expectations theory of the term structure of interest rates, calculate today's four-year rate, assuming that the current one-year, 6% rate is expected to rise by one percentage point in each of the next three years.

2. (a) Show that 341 is a composite number.
(b) Show that 341 is a pseudoprime to base 15.
(c) Show that 341 is not a strong pseudoprime to base 15.

On Monday morning, Andy and Brian enter an oral, unwritten contract for the sale of five acres of land in Delray Beach, Florida, at “$10,000 per acre.” On Tuesday morning, Andy demands that Brian pay him “$11,000 per acre” for the land. Brian refuses. Andy sues. Who should win, and why? In your answer, explain written/oral and implied/express contracts.

You hold a 25 year bond from Telus with a par value of $1,000 and a coupon rate of $70 (7%) a year. This bond is currently selling for $1,023. (No calculations are needed in this question).

(a). What do you know about the yield of this bond? Explain.

(b). If Telus incurred a large amount of debt what would likely happen to the:

i. coupon rate on your Telus bond - explain

ii. Yield to maturity on your Telus bond - explain

iii. Your Telus bond price - explain

(c). If the Government of Canada suddenly increased interest rates on their bonds what would happen to the:

i. coupon rate on your Telus bond - explain

ii. Yield to maturity on your Telus bond - explain

iii. Your Telus bond price - explain

Barry Potter and Winnie Weasley are considering making an S election on March 1, 2019, for their C corporation, Omniocular. However, first they want to consider the implications of the following information:

• Winnie is a U.S. citizen and resident.
• Barry is a citizen of the United Kingdom, but a resident of the United States.
• Barry and Winnie each own 50 percent of the voting power in Omniocular. However, Barry’s stock provides him with a claim on 60 percent of the Omniocular assets in liquidation.
• Omniocular was formed under Arizona state law, but it plans on eventually conducting some business in Mexico.

a. Is Omniocular eligible to elect S corporation status?

For the remainder of the problem, assume Omniocular made a valid S election effective January 1, 2019. Barry and Winnie each own 50 percent of the voting power and have equal claim on Omniocular’s assets in liquidation. In addition, consider the following information:

• Omniocular reports on a calendar tax year.
• Omniocular’s earnings and profits as of December 31, 2018, were $55,000.
• Omniocular’s 2018 taxable income was $15,000.
• Omniocular’s assets at the end of 2018 are as follows:

*$110,000 under FIFO accounting.

• On March 31, 2019, Omniocular sold the land for $42,000.
• In 2019, Omniocular sold all the inventory it had on hand at the beginning of the year. This was the only inventory it sold during the year.

• Assume that if Omniocular were a C corporation for 2019, its taxable income would have been $88,500.

2. How much LIFO recapture tax (in total) is Omniocular required to pay and when is the first installment due?
3. How much built-in gains tax, if any, is Omniocular required to pay?
4. How much excess net passive income tax, if any, is Omniocular required to pay?
5. Assume Barry's basis in his Omniocular stock was $40,000 on January 1, 2019. What is his stock basis on December 31, 2019?

For the following questions, assume that after electing S corporation status Barry and Winnie had a change of heart and filed an election to terminate Omniocular’s S election, effective August 1, 2020.

• In 2020, Omniocular reported the following income/expense items:

6. For tax purposes, how would you recommend Barry and Winnie allocate income between the short S corporation year and the short C corporation year if they would like to minimize double taxation of Omniocular’s income?
7. Assume in part (f) that Omniocular allocates income between the short S and C corporation years in a way that minimizes the double taxation of its income. If Barry’s stock basis in his Omniocular stock on January 1, 2020, is $50,000, what is his stock basis on December 31, 2020?
8. When is the earliest tax year in which Omniocular can be taxed as an S corporation again?

Question:

How much LIFO recapture tax (in total) is Omniocular required to pay and when is the first installment due? As per new tax rule, the corporate tax rate is 21% .

Due Date

Total LIFO recapture tax -----------------?             April 15,2019

--------------------------------------------------------------------------------------------------------------------------------------

e. Assume Barry's basis in his Omniocular stock was $40,000 on January 1, 2019. What is his stock basis on December 31, 2019? (Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount.)
g. Assume in part (f) that Omniocular allocates income between the short S and C corporation years in a way that minimizes the double taxation of its income. If Barry’s stock basis in his Omniocular stock on January 1, 2020, is $50,000, what is his stock basis on December 31, 2020? (Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount.)

e.Stock basis   -------------------------?

g. Stock basis ------------------------?

QUESTION 1.

The Interiors Company located in Dominica manufactures executive desks. Selected costs associated with the manufacture of the executive desks and the general operations of the company are given below:

a)    Wood used in the manufacture of the executive desks, at a cost of $500 per desk.

b)    The executive desks are assembled by workers, at a cost of $100 per desk.

c)    Workers assembling the executive desks are supervised by a factory supervisor who is paid $75,000 per year.

d)    Electrical cost of $50 per machine-hour are incurred in the factory in the manufacture of the executive desks (five machine hours are required to produce a desk).

e)    The depreciation cost of the machines used in the manufacture of the executive desks totals $5,000 per year.

f)     The salary of the president of the Company is $250,000 per year.

g)    The Company spends $100,000 per year to advertise its products.

h)    Salespersons are paid a commission of $80 for each desk sold.

Questions:

1. Identify the variable costs in the case above.

2. Identify the Fixed costs in the case above.

3. In your own words, explain the difference between product and period cost.

4. Identify the Period costs in the case above.

5. Identify the Product cost in the case above.

6. In your own words, explain the difference between direct and indirect cost.

7. Identify the direct cost in the case above.

8. Identify the indirect cost in the case above

You have been asked to prepare a December cash budget for Ashton Company, a distributor of exercise equipment. The following information is available about the company’s operations:

The cash balance on December 1 is $56,600.

Actual sales for October and November and expected sales for December are as follows:

Sales on account are collected over a three-month period as follows: 20% collected in the month of sale, 60% collected in the month following sale, and 18% collected in the second month following sale. The remaining 2% is uncollectible.

Purchases of inventory will total $315,000 for December. Thirty percent of a month’s inventory purchases are paid during the month of purchase. The accounts payable remaining from November’s inventory purchases total $181,500, all of which will be paid in December.

Selling and administrative expenses are budgeted at $522,000 for December. Of this amount, $74,100 is for depreciation.

A new web server for the Marketing Department costing $103,500 will be purchased for cash during December, and dividends totaling $10,000 will be paid during the month.

The company maintains a minimum cash balance of $20,000. An open line of credit is available from the company’s bank to increase its cash balance as needed.

Required:

1. Calculate the expected cash collections for December.

2. Calculate the expected cash disbursements for merchandise purchases for December.

3. Prepare a cash budget for December. Indicate in the financing section any borrowing that will be needed during the month. Assume that any interest will not be paid until the following month.