You’ve suspected abuse of your 73yo patient for 2 months now…

You’ve suspected abuse of your 73yo patient for 2 months now; today your patient reports that their spouse has been sexually assaulting them but does not specifically ask you to report this nor gives you direct permission to report. What would you do and why?

Lilly Inc. reported the following limited financial informat…

Lilly Inc. reported the following limited financial information for 2024: Revenues $69,452 Expenses $75,111 Dividends $0 Ending cash balance $200 Total current liabilities $55,000 Ending retained earnings $80,000 Using ONLY the information provided above, what is your analysis of the financial results of 2024 for the company?

Lilly Inc. had the following balances at 12/31/2024. Cash $2…

Lilly Inc. had the following balances at 12/31/2024. Cash $2,200, Accounts receivable $500, Land $6,300, Buildings $6,000, Accounts payable $600, Notes payable $12,000, Common stock $1,500, Retained earnings $900. What is the maximum amount of dividends that Lilly Inc. can declare and pay at 12/31/2024?

Lilly Inc. is a new company that started operations in 2024….

Lilly Inc. is a new company that started operations in 2024. The 2024 transactions were as follows:    – Issued common stock for $8,000.- Paid $4,000 for 2024 wages.- Customers paid $9,500 for services provided by the company during 2024.- Purchased equipment costing $3,000, financed with a note payable. – Declared and paid dividends, $700. What was total assets 12/31/2024?