Section 5: Ch 1 – Equity Investment (14%): Jason, Inc. purchases 40% of Travis, Inc. for $500,000 on 1/1/2018.  At the time of the purchase Travis, Inc. had a book value of $1,100,000.  The discrepancy in the fair value relative to the book value is primarily due to a building that has a fair value that is $80,000 greater than its book value (10-year remaining useful life) and a machine that has a fair value that is $70,000 greater than its book value (5-year remaining useful life).  Given the following information for 2018 and 2019:   Travis, Inc.: 2018: Ending FV = $1,400,000; NI = $600,000; Div. Paid = $90,000 2019: Ending FV = $800,000; NI (loss) = – $150,000; Div. Paid = $25,000   Jason, Inc.: 2018: Ending FV = $15,000,000; NI = $850,000; Div. Paid = $250,000 2019: Ending FV = $16,000,000; NI = $1,000,000; Div. Paid = $400,000 Question 9)What is the value of the “Equity Investment in Travis, Inc.” on Jason’s 2018 and 2019 balance sheet?     Question 10)How much total “Investee Income” did Jason, Inc. record from this investment in 2018 and 2019?     Question 11)If Travis has a fair value at the end of 2026 of $1,200,000, reports net income in 2026 of $280,000, and pays a dividend of $60,000, how much “Investee Income” would Jason, Inc. record from this investment in 2026?

What laboratory testing should NOT be performed on someone with suspected Polycystic Ovary Syndrome?

Which of the following electrolytes is the chief plasma cation whose main function is maintaining osmotic pressure?

One component of the troponin complex binds this cation needed for muscle contraction.

A drug has the half-life of 6 hours. If a dose is given every 6 hours, a steady-state drug level would be achieved in:

Section 1: Chapter 7 – (required, 20%) MMG Global features 4 departments: Travel Trade Media (TTM), Tourism Marketing Services (TMS), Human Resources (HR), and Accounting.  HR & Accounting are support departments, while TTM and TMS are operating departments.  Number of personnel per department provides a reasonable allocation basis for HR, while accounting is allocated based on accountant hours used by each department.  Budgeted costs and basis-usage is reported below:   Accounting HR TMS TTM budgeted costs        2,000,000        1,500,000   20,000,000   12,000,000 # of personnel                    20                    40               140               100 accounting hours used               5,000               5,000          18,000          12,000     Please allocate MMG’s total costs to the 4 departments, using: Question 1) The direct method Question 2) The step down method, removing Accounting first   Question 3) What 2 formulas would be used in the reciprocal method?  

When selecting a test system for pediatric patients, which of the following would be the most important consideration?

Which of the following expected laboratory results correlates with Addison’s disease?

Enzymes in the mouth begin to break down this nutrient 

Vasopressin is what type of hormone?