Scenario – Ahi Corporation is one of your clients in Hawaii. The company had a good year last year and owes the IRS $100,000,000, due on March 15. There are no penalties or interest due to the IRS. One of Ahi’s employees approaches you with the following plan to benefit from the so- called “ float” on the large payment due to the government. First, Ahi Corp. will courier its tax return and payment to the U.S. Virgin Islands. There, the tax return will be mailed to the IRS Service Center in Fresno by certified mail on the return’s due date, March 15. By doing this, the employee thinks it will take at least six days for the tax return to reach the IRS and for them to cash the $100,000,000 check. Ahi can earn 7 percent after tax on its money, so the interest earned during these six days because of the float is $19,178 per day [($100,000,000 × .07/ 365 days]. Thus, the total interest earned on the float for six days would be $115,068 ($19,178 × 6 days).

1. Would you recommend Ahi complete this transaction? 
2. What potential ethics issues do you see in this situation? 
3. Which AICPA Code(s) of Professional Conduct rules apply in this situation (explain how and why they apply)? 
4. Which Statement(s) on Standards for Tax Services apply in this situation (explain how and why they apply)?
5. Cite the specific verse(s) for at least one Biblical principle that you feel is relevant to the situation (explain how and why it applies). 

Gastrointestinal (GI) and hepatobiliary disorders affect the structure and function of the GI tract. Many of these disorders often have similar symptoms, such as abdominal pain, cramping, constipation, nausea, bloating, and fatigue. Since multiple disorders can be tied to the same symptoms, https://hybridessays.com/python/im-working-on-a-python-project-and-need-a-sample-draft-to-help-me-learn-in-this/ it is important for advanced practice nurses to carefully evaluate patients and prescribe a treatment that targets the cause rather than the symptom.  

Once the underlying cause is identified, an appropriate drug therapy plan can be recommended based on medical history and individual patient factors. Examine a case study of a patient who presents with symptoms of a possible GI/hepatobiliary disorder, and you design an appropriate drug therapy plan.

Patient HL comes into the clinic with the following symptoms: nausea, vomiting, and diarrhea. The patient has a history of drug abuse and possible Hepatitis C. HL is currently taking the following prescription drugs: 

• Synthroid 100 mcg daily
• Nifedipine 30 mg daily
• Prednisone 10 mg daily

To Prepare

• Review the case study
• Reflect on the patient’s symptoms, medical history, and      drugs currently prescribed.
• Think about a possible diagnosis for the patient.      Consider whether the patient has a disorder related to the      gastrointestinal and hepatobiliary system or whether the symptoms are the      result of a disorder from another system or other factors, such as      pregnancy, drugs, or a psychological disorder.
• Consider an appropriate drug therapy plan based on the      patient’s history, diagnosis, and drugs currently prescribed.

In a 2-page  address the following

• Explain your diagnosis for the patient, including your      rationale for the diagnosis.
• Describe an appropriate drug therapy plan based on the      patient’s history, diagnosis, and drugs currently prescribed.
• Justify why you would recommend this drug therapy plan      for this patient. Be specific and provide examples.

Rosenthal, L. D., & Burchum, J. R. (2021). https://hybridessays.com/humanities/im-working-on-a-humanities-question-and-need-an-explanation-to-help-me-understa/ Lehne’s pharmacotherapeutics for advanced practice nurses and physician assistants (2nd ed.) St. Louis, MO: Elsevier.

· Chapter 64, “Drugs for Peptic Ulcer Disease” (pp. 589–597)

· Chapter 65, “Laxatives” (pp. 598–604)

· Chapter 66, “Other Gastrointestinal Drugs” (pp. 605–616)

· Chapter 80, “Antiviral Agents I: Drugs for Non-HIV Viral Infections” (pp. 723–743)

Chalasani, N., Younossi, Z., Lavine, J. E., Charlton, M., Cusi, K., Rinella, M., . . . Sanya, A. J. (2018). The diagnosis and management of nonalcoholic fatty liver disease: Practice guidance from the American Association for the Study of Liver Diseases. Hepatology, 67(1), 328–357. Retrieved from https://aasldpubs.onlinelibrary.wiley.com/doi/pdf/10.1002/hep.29367

This article details the diagnosis and management of nonalcoholic fatty liver disease. Review this article to gain an understanding of the underlying pathophysiology as well as the suggested pharmacotherapeutics that might be recommended to treat this disorder.

On January 10 Donna Stark uses her Baver Co. credit card to purchase merchandise from Baver Co. for $2,600. On February 10, she is billed for the amount due of $2,600. On February 12 Stark pays $1,600 on the balance due. On March 10 Stark is billed for the amount due, including interest at 1% per month on the unpaid balance as of February 12.

Instructions

Prepare the entries on Baver Co.’s books related to the transactions that occurred on January 10, February 12, and March 10.

Problem 2

At the beginning of the current period, Emler Corp. had balances in Accounts Receivable of $200,000 and in Allowance for Doubtful Accounts of $9,000 (credit). During the period, it had net credit sales of $650,000 and collections of $590,000. It wrote off as uncollectible accounts receivable of $5,000. However, a $3,000 account previously written off as uncollectible was recovered before the end of the current period. Uncollectible accounts are estimated to total $20,000 at the end of the period.

Instructions

(a) Prepare the entries to record sales and collections during the period.

(b) Prepare the entry to record the write-off of uncollectible accounts during the period.

(c) Prepare the entries to record the recovery of the uncollectible account during the period.

(d) Prepare the entry to record bad debts expense for the period.

(e) Determine the ending balances in Accounts Receivable and Allowance for Doubtful Accounts.

(f) Calculate the net realizable value of the receivables at the end of the period.

Problem 3

The December 31, 2013, balance sheet of the Kramer Company had Accounts Receivable of $650,000 and a credit balance in Allowance for Doubtful Accounts of $33,000. During 2014, the following transactions occurred: sales on account $1,550,000; sales returns and allowances, $100,000; collections from customers, $1,250,000; accounts written off, $35,000; previously written off accounts of $8,000 were collected.

Instructions

(a) Journalize the 2014 transactions.

(b) If the company uses the percentage of receivables basis to estimate bad debt expense and determines that uncollectible accounts are expected to be 6% of accounts receivable, what is the adjusting entry at December 31, 2014?

Problem 4

For each entry below make a correcting entry if necessary. If the entry given is correct, then state “No entry required.”

(a) The $70 cost of repairing a printer was charged to Equipment.

(b) The $5,500 cost of a major engine overhaul was debited to Maintenance and Repairs Expense. The overhaul is expected to increase the operating efficiency of the truck.

(c) The $6,000 closing costs associated with the acquisition of land were debited to Operating Expenses.

(d) A $300 charge for transportation expenses on new equipment purchased was debited to Freight-In.

Problem 5

Kendrick Company was organized on January 1. During the first year of operations, the following expenditures and receipts were recorded in random order.

Debits

1. Cost of real estate purchased as a plant site (land and building) $   130,000

2. Accrued real estate taxes paid at the time of the purchase of the real estate 4,000

3. Cost of demolishing building to make land suitable for construction of a new

building 10,000

4. Architect’s fees on building plans 14,000

5. Excavation costs for new building 30,000

6. Cost of filling and grading the land 5,000

7. Insurance and taxes during construction of building 6,000

8. Cost of repairs caused by a small fire shortly after completion of building 7,000

9. Interest paid during the year, of which $45,000 pertains to the construction 

period 74,000

10. Full payment to building contractor 955,000

11. Cost of parking lots and driveways 36,000

12. Real estate taxes paid for the current year on the land         4,000

Total Debits $1,275,000

Credits

13. Insurance proceeds for fire damage $3,000

14. Proceeds from salvage of demolished building   3,500

Total Credits $6,500

Instructions

Analyze the foregoing transactions using the following tabular arrangement. Insert the number of each transaction in the Item space and insert the amounts in the appropriate columns.

Item Land Buildings Other Account Title

Problem 6

On March 1, 2014, Geoffrey Company acquired real estate, on which it planned to construct a small office building, by paying $85,000 in cash. An old warehouse on the property was demolished at a cost of $8,200; the salvaged materials were sold for $2,200. Additional expenditures before construction began included $1,500 attorney’s fee for work concerning the land purchase, $5,500 real estate broker’s fee, $9,100 architect’s fee, and $16,000 to put in driveways and a parking lot.

Instructions

(a) Determine the amount to be reported as the cost of the land.

(b) For each cost not used in part (a), indicate the account to be debited.

Problem 7

Brewer Company has the following selected accounts after posting adjusting entries:

Accounts Payable $  55,000

Notes Payable, 3-month 90,000

Accumulated Depreciation—Equipment 14,000

Notes Payable, 5-year, 8% 75,000

Payroll Taxes Expense 6,000

Interest Payable 5,000

Mortgage Payable 180,000

Sales Taxes Payable 23,000

Instructions

(a) Prepare the current liability section of Brewer Company’s balance sheet, assuming $12,000 of the mortgage is payable next year.

(b) Comment on Brewer’s liquidity, assuming total current assets are $450,000.

Problem 8

On March 1, Cooper Company borrows $80,000 from New National Bank by signing a 6-month, 6%, interest-bearing note.

Instructions

Prepare the necessary entries below associated with the note payable on the books of Cooper Company.

(a) Prepare the entry on March 1 when the note was issued.

(b) Prepare any adjusting entries necessary on June 30 in order to prepare the semiannual financial statements. Assume no other interest accrual entries have been made.

(c) Prepare the entry to record payment of the note at maturity.

Problem 9

On June 1, Huntley Company borrows $50,000 from the bank by signing a 60-day, 6%, interest-bearing note.

Instructions

Prepare the necessary entries below associated with the note payable on the books of Huntley Company.

(a) Prepare the entry on June 1 when the note was issued.

(b) Prepare any adjusting entries necessary on June 30 in order to prepare the monthly financial statements. Assume no other interest accrual entries have been made.

Prepare the entry to record payment of the note at maturity.

Problem 10

On May 15, Holt’s Clothiers borrowed some money on a 4-month note to provide cash during the slow season of the year. The interest rate on the note was 8%. At the time the note was due, the amount of interest owed was $1,200.

Instructions

(a) Determine the amount borrowed by Holt’s.

(b) Assume the amount borrowed was $54,000. What was the interest rate if the amount of interest owed was $900?

(c) Prepare the entry for the initial borrowing and the repayment for the facts in part (a).

Consider a Masters in Project Management as a project and complete the following tasks.

1. List the project stakeholders and explain what is important to each of them and why.

2. Prepare your ranking of success goals using the format of Table 13A-3 on page 178 of AMA Handbook of Project Management.

3. Prepare a Stakeholder Success Grid and graph the results of your rankings using the format of Table 13A-4 on page 179 of AMA Handbook of Project Management.

4. Summarize your interpretations of the Stakeholder Success Grid and the implications for the success of your project.