Author: Anonymous

If you would like to use the Time Value Tables, they are provided below for reference. TVOM_Tables.pdf

On January 1, 2020, Thor Co. issued a 4-year, $750,000, 6% fixed interest note at par, with interest payable semiannually on June 30 and December 31. Thor now wants to change the note to a variable rate note. As a result, on January 1, 2021, Thor enters into an interest rate swap where it agrees to receive 6% fixed and pay the LIBOR rate on a notional amount of $750,000. At each 6-month period, the variable rate will be reset and will be used to determine the variable rate to be paid for the following six-month period. The LIBOR rate is 6.6% on January 1, 2021 and 5.6% on June 30, 2021. The fair value of the swap was $0 on January 1, 2021 and $30,000 on June 30, 2021. The fair value of the note was $750,000 on January 1, 2021 and $780,000 on June 30, 2021. Required:  Answer the following questions based on the information above. In your response, be sure to specify which question you are answering by numbering your responses (1, 2, or 3). Assuming that all requirements for hedge accounting are met, what is the correct hedging classification (type) for this internet rate swap? Use the field below to prepare all the necessary journal entries made by Thor with regard to the information above on January 1, 2021. If no entry is necessary, write “No entry necessary”.  Use the field below to prepare all the necessary journal entries made by Thor with regard to the information above on June 30, 2021. If no entry is necessary, write “No entry necessary”.  Failure to correctly date (or reference which question number you are answering) will result in a loss of points.

Medicare generally pays for hearing aids when they are needed.  

Comprehensive eye exams for those age 65 years and older should occur every:

Which of the following is required when making a diagnosis of COPD in an older adult?

Unless contraindicated, a beta blocker should be part of medication management in older adults post MI:

An 85 year old male reports to the nurse practitioner that he is “having trouble with his eyes”.  He reports his color perception has changed as well as he just doesn’t seem to be able to see as well as before.  He has a 30 pack year tobacco history, asthma with at least one episode each year requiring a prednisone burst  and type 2 diabetes with last A1C 7.2.  The nurse practitioner considers the most probable diagnosis based on his past medical history and symptoms as:

A 72 year old male complains to the nurse practitioner that the nail on his left great toe is painful.  On exam, the nurse practitioner finds the following:      The nurse practitioner understands the following:   SELECT ALL THAT APPLY

Which of the following statements concerning macular degeneration is true?  

A 3/6 mid to late systolic murmur that radiates to the neck in an elderly woman is most likely the result of: