According to FASB standards, how are not-for-profit organizations distinguished from a business? Discuss at least three aspects for full credit.

St. Mary’s Hospital, a private not-for-profit, began the year 2025 with the following trial balance:  Beginning Balances Account Debits Credits Cash 715,000   Patient Accounts Receivable 575,000   Allowance for Contractual Adjustments   140,000 Property, Plant, and Equipment – Net of Depreciation 800,000   Accounts Payable   450,000 Net Assets without Donor Restrictions   1,000,000 Net Assets with Donor Restrictions   500,000 Total 2,090,000 2,090,000  Transactions for 2020 are as follows: Collected $360,000 of the Patient Accounts Receivable that was outstanding at 12-31-2019. Actual contractual adjustments on these receivables totaled $149,000. The Hospital billed patients $2,230,000 for services rendered. Of this amount, 6% is expected to be uncollectible due to implicit price concessions. Contractual adjustments with insurance companies are expected to total $789,000. (Hint: use an allowance account to reduce accounts receivable for estimated contractual adjustments). The Hospital collected $1,235,000 of the amount billed to patients Charity care in the amount of $90,000 (at standard charges) was performed for patients who were unable to pay. The Hospital received $800,000 in debt securities to establish a permanent endowment. Interest income from the endowment is unrestricted. Other revenues collected in cash were: gift shop $18,000 and cafeteria $35,000. Record the journal entries. If no entry is required, clearly state that fact or no credit will be awarded.

After the House and Senate pass the same bill, it is sent to the President, where the President has three options.  List two (and only two) of these three options and describe what happens (or can happen) in each case.  

There have been 4 amendments to the Constitution that protect the right of people to vote.  Provide the specific categories from these 4 amendments, based on which you cannot be denied the right to vote.  

List two Constitutional powers of the Executive branch and then provide a way in which the Legislative branch (or just the Senate) can check that power.  

(Weighted Average Cost of Capital). (65 points).  Solve the following weighted average cost of capital problem: You just started as a Financial Analyst at Gridiron Helmet Company (GHC), a small-cap publicly-traded company that manufactures football helmets.  Your manager has just informed you that your first task will be to calculate the weighted average cost of capital (WACC) for GHC.  The following general and company specific information has been provided to you: GHC’s $50 par preferred stock pays a fixed annual dividend rate of 6.75%. GHC believes that it could issue more preferred stock at its current price of $54.35. GHC’s common stock is currently selling for $45.00 per share and has not paid a dividend since its inception (5 years ago), and GHC does not expect to pay any dividend in the foreseeable future. Bloomberg.com currently indicates that 10-year Treasury-Notes are yielding 3.50%. Also, the market return for small-cap stocks is 10.75%, the market return for mid-cap stocks is 9.65%, and the market return for large-cap stocks is 9.15%.  Finally, according to Value Line, GHC’s beta is 1.22. GHC sold 15-year bonds with a par value of $1,000 that were issued exactly 3 years ago. The bonds pay a 5.75% coupon rate with interest paid on a semiannual basis.  Investors will currently pay 3% over face value for each bond. The market values of the capital structure of GHC is $5,000,000 preferred stock, $22,500,000 common stock and $16,000,000 long-term debt. GHC’s total combined state and federal tax rate is 27%. Given the above information, determine the following for Gridiron Helmet Company: Cost of preferred stock Cost of common stock Cost of debt capital Weighted average cost of capital (WACC)

According to the nondisjunction animation you watched, which of the following statements is FALSE?

Match each description below with either mitosis or meiosis.

Suppose a chemical company is testing a plant hormone that it believes will increase the growth rate of onions. Suppose you are able to view slides of onion root tips that have been treated with the hormone. If the hormone is successful, how do you think the counts of cells in various stages would differ from the counts you made, if there was still a total of 67 cells visible, like on the photo you used for your counts?

How many cells were in anaphase? (Type just a whole number, such as 10).