Need a Research paper on how healthcare is evolving in Saudi Arabia. Present a discussion of the common barriers to healthcare innovation and the leadership challenges you see in building an effective healthcare team as well as the communication challenges they face.

 

The Leadership Imperative

Need a Research paper on how healthcare is evolving in Saudi Arabia. Present a discussion of the common barriers to healthcare innovation and the leadership challenges you see in building an effective healthcare team as well as the communication challenges they face.

Need An American Accounting Expert Business Finance – Accounting

 

Financial Management Project- Balance Sheet,

Need An American Accounting Expert
Business Finance – Accounting

Financial management project- balance sheet, I need an American accounting expert
Graded Project

Financial Management

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OBJECTIVE 1

PURPOSE 1

SCORING GUIDELINES 11

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Financial Management

OBJECTIVE Demonstrate the ability to perform financial calculations and analysis related to the concepts covered in this course.

PURPOSE The purpose of this project is to give you practical experi- ence with financial computations and decision making in the Financial Management field. In this project, you’ll calculate and analyze company balance sheets in the role of a financial manager. Your assignment is to analyze the financial position of the companies mentioned and make recommendations as to the most productive use of their assets and the ideal finan- cial structures for their balance sheets. Show all calculations or calculator inputs for credit. Do all work using equations and a calculator. Do not submit or use an Excel spreadsheet to calculate.

Part 1: Financial Statements and Ratios 1A. You’re the chief financial officer (CFO) of Worldwide Widget Manufacturing, Inc. The company manufactures and sells widgets at factories in the United States and internationally. Listed below are partial financial statements for Worldwide Widget Manufacturing, Inc. Fill in the missing information in each of the following financial statements. Answer spaces are given below.

Graded Project2

Worldwide Widget Manufacturing, Inc. Balance Sheet as of December 31, 2015 and 2014

(in millions of dollars)

2015 2014 2015 2014

Assets Liabilities and Equity Current assets: Current liabilities:

Cash and marketable securities

$ 427 $ 322 Accrued wages and taxes

$ 309 $ 257

Accounts receivable a. ? 259 Accounts payable 381 b. ?

Inventory 815 797 Notes payable $ 492 $ 421

Total $1,542 $1,378 Total $1,182 $997

Fixed assets: Long-term debt: 1,934 c. ?

Gross plant and equipment

d. ? $2,817 Total 3,116 2,956

Less: Depreciation 368 254 Stockholders’ equity:

Net plant and equipment

$2,872 $2,563 Preferred stock (30 million shares)

$ 30 $30

Other long-term assets 521 487 Common stock and paid-in surplus (250 million shares)

300 e. ?

Retained earnings 1,489 1,142

Total FA f. ? $3,050 Total Equity $1,819 $1,472

Total assets $4,935 $4,428 Total liabilities and equity

$4,935 $4,428

a. Accounts receivable for 2015_______

b. Accounts payable for 2014_______

c. Gross plant and equipment for 2015_______

d. Long-term debt for 2014_______

e. Common stock and paid-in surplus (250 million shares) for 2014_______

f. Total FA for 2015_______

3Graded Project 3

Worldwide Widget Manufacturing, Inc. Income Statement for Years Ending December 31, 2015 and 2014

(in millions of dollars)

2015 2014

Net sales g. ? $2,018

Less: Cost of goods sold 753 h. ?

Gross profits $1,623 $1,189

Less: Other operating expenses 423 167

Earnings before interest, taxes, depreciation, and amortization (EBITDA) $1,200 $1,022

Less: Depreciation 114 114

Earnings before interest and taxes (EBIT) $1,086 $ 908

Less: Interest i. ? 128

Earnings before taxes (EBT) $ 949 $ 780

Less: Taxes j. ? 234

Net income $ 664 $ 546

Less: Preferred stock dividends 98 98

Net income available to common stock holders $ 566 $ 448

Less: Common stock dividends 219 199

Addition to retained earnings $ 347 $ 249

Per (common) share data:

Earnings per share (EPS) k. ? $1.79

Dividends per share (DPS) $ 0.88 l. ?

Book value per share (BVPS) m. ? $ 5.77

Market value per share (MVPS) $23.97 $22.47

g. Net sales for 2015_______

h. Less: Cost of goods sold for 2014_______

i. Less: Interest for 2015_______

j. Less: Taxes for 2015_______

k. Earnings per share (EPS) for 2015_______

l. Dividends per share (DPS) for 2014_______

m. Book value per share (BVPS) for 2015_______

Graded Project4

Worldwide Widget Manufacturing, Inc. Statement of Cash Flows for Year Ending December 31, 2015

(in millions of dollars)

Section A. Cash flows from operating activities Net income n. ?

Additions (sources of cash):

Depreciation 114

Increase in accrued wages and taxes o. ?

Increase in accounts payable 62

Subtractions (uses of cash):

Increase in accounts receivable –41

Increase in inventory p. ?

Net cash flow from operating activities q. ?

Section B. Cash flows from investing activities Subtractions:

Increase in fixed assets –$343

Increase in other long-term assets r. ?

Net cash flow from investing activities: s. ?

Section C. Cash flows from financing activities Additions:

Increase in notes payable t. ?

Increase in common and preferred stock 0

Subtractions:

Decrease in long-term debt –25

Pay dividends u. ?

Net cash flow from financing activities: v. ?

Section D. Net change in cash and marketable securities $105

n. Net income_______

o. Increase in accrued wages and taxes_______

p. Increase in inventory_______

q. Net cash flow from operating activities_______

r. Increase in other long-term assets_______

s. Net cash flow from investing activities_______

t. Increase in notes payable_______

u. Pay dividends_______

v. Net cash flow from financing activities_______

5Graded Project 5

Worldwide Widget Manufacturing, Inc. Statement of Retained Earnings as of December 31, 2015

(in millions of dollars)

Balance of retained earnings, December 31, 2014 $1,142

Plus: Net income for 2015 w. ?

Preferred stock x. ?

Common stock 219

Total cash dividends paid 317

Balance of retained earnings, December 31, 2015 $1,489

w. Plus: Net income for 2015 _______

x. Preferred stock _______

1B. For each of the items listed below, indicate on which of the major statements they would be found (1, 2, 3 or 4) and the amount shown on the statements above:

1. Balance sheet 3. Statement of cash flows

2. Income statement 4. Statement of retained earnings

1. Earnings before taxes for 2015_______; $_______

2. Gross plant and equipment for 2015 _______; $_______

3. Increase in fixed assets, December 31, 2015 _______; $_______

4. Net sales for 2015 _______; $_______

5. Balance of retained earnings, December 31, 2015 _______; $_______

6. Common stock and paid-in surplus for 2014 _______; $_______

7. Net cash flow from investing activities, December 31, 2015 _______; $_______

8. Increase in inventory, December 31, 2015 _______; $_______

9. Accrued wages and taxes for 2014 _______; $_______

10. Book value per share (BVPS) for 2015 _______; $_______

2. You’ll need to compare your company’s ratios with the industry’s standards.

Graded Project6

Worldwide Widget Manufacturing, Inc.

Company Industry Comparison

Current ratio 2.2 times

Quick ratio 1.1 times

Cash ratio 0.35 times

Inventory turnover 2 times or 1 time

Days’ sales in inventory 135 days or 335 days

Average payment period 110 days

Sales to working capital 3 times

Total asset turnover 0.6 times

Debt-to-equity 1.1 times

Profit margin 16.5%

Gross profit margin 48.13%

ROA 8.78%

ROE 19.45%

Dividend payout 32%

A. Use the information found in Worldwide Widget Manufacturing’s financial state- ments to calculate all of the listed financial ratios in the above table for your company. Then, for each ratio, provide a comparison of the company’s result with the industry standards, indicating if your company’s results are lower than, higher than, slower than, or faster than the industry standards.

B. Calculate your company’s internal and sustainable growth rates.

Part 2: The Value of Money, Bonds and Stocks 3. The company you work for is looking to expand. As the CFO, you’re tasked with

comparing the cost of buying manufacturing equipment now, at a $250,000 dis- count from its original price of $1,650,000 and storing it for a year, or waiting one year to buy it. The cost of buying the equipment includes the supplier’s bill and the cost to store the item, for a total of $1,464,000. What interest rate is implied by a $1,464,000 cash flow today, versus $1,650,000 in a year? When it comes to obtaining the cash for the purchase of the equipment, what is your rec- ommendation on whether the company should purchase the equipment now or wait a year?

7Graded Project 7

4. Worldwide Widget Manufacturing, Inc., decided to go ahead with its plan to expand. It issued $30 million in debt due in 30 years to finance the expansion at an 8 percent coupon rate. The company makes interest-only, semiannual pay- ments of $1,200,000 on this debt. Debt issued today would cost only 7 percent interest. You have been asked to determine whether the company should issue new debt (for 25 years) to pay off the old debt. If the company does so, it will have to pay $1.7 million as a “call premium” to the existing debt holders, and also $1.4 million to its investment bankers to float the issue. If the new debt was issued, what would be the semiannual interest payment savings or cost? What is the cost to refinance the debt? What would be the present value of the semiannual savings in interest payments over the life of the debt? Should you advise the company to replace the old debt with new debt? Why?

5. Worldwide Widget Manufacturing, Inc., is doing so well it decides it’s time to become an international company. As the chief financial officer (CFO), you’re tasked with raising $340 million of new capital to open offices around the world. In researching the matter, you learn that if bonds due in 20 years are used for raising the capital, they’ll be rated AA and will need to offer a yield of 6.5 percent. How many bonds will it be necessary to issue to raise the needed capital? What will Worldwide Widget Manufacturing have to make as a semiannual interest rate payment?

Part 3: Stock Returns 6. Worldwide Widget Manufacturing, Inc., has decided to invest in some stock. As

CFO, you’ve been asked to review the portfolio. First, you’ll need to measure the past performance of the investments. Then, measure the past return’s risk of the investment. Lastly, calculate the average return and risk of the portfolio.

The following table shows the annual returns for Company A and Company B, which are part of the investment portfolio you’re interested in.

Company A Company B

Year 1 5.23% 13.51%

Year 2 8.91 -9.35

Year 3 7.32 2.44

Year 4 -15.81 3.12

Year 5 -8.32 14.81

Year 6 25.98 18.36

Graded Project8

What’s the average return and standard deviation of returns for these two companies? What’s the average return and standard deviation of returns for the portfolio? What’s the average return of a portfolio consisting of 60 percent of Company A and 40 percent of Company B?

7. After coming to a final decision, Worldwide Widget Manufacturing, Inc., has a stock portfolio that consists of the following positions, with betas shown for each stock. You’ve been asked to calculate and evaluate the risk of the portfolio beta and the required return for your portfolio. The market return is expected to be 11 percent, and the risk-free rate is 6 percent.

Shares Price Position Weight Beta W x Beta Merck & Co., Inc. 150 61 ? ? 1.62 ?

Domino’s Pizza 200 152 ? ? 1.8 ?

Macy’s, Inc. 300 36 ? ? 1.42 ?

Tesla 150 202 ? ? 2.51 ?

Totals ? 1 ? ?

What’s the beta of the portfolio? Is this a high- or low-risk portfolio? What’s the required return of the portfolio? Fill in the position, weight, and portfolio beta columns for each company in the table above. Show calculation.

A. Merck & Co., Inc.

1. Position:

2. Weight:

3. W × Beta:

B. Domino’s Pizza

1. Position:

2. Weight:

3. W × Beta:

C. Macy’s, Inc.

1. Position:

2. Weight:

3. W × Beta:

D. Tesla

1. Position:

2. Weight:

3. W × Beta:

Total Position:

Total W × Beta:

Expected Return:

The risk of the portfolio:

9Graded Project 9

Part 4: Capital Budgeting 8. Worldwide Widget Manufacturing, Inc., is preparing to launch a new manufactur-

ing facility in a new location. The company has a capital structure that consists of debt and common and preferred stock. The company is considering changing this capital structure in conjunction with the launch of the new manufacturing facility. The manufacturing facility project is slated to be funded with 30 per- cent debt, 30 percent preferred stock, and 40 percent common stock. Worldwide Widget Manufacturing has 15 million shares of common stock outstanding. The shares sell at $24.63 per share. The company expects to pay an annual dividend of $1.50 one year from now, after which future dividends are expected to grow at a constant 7 percent rate. Worldwide Widget Manufacturing’s debt consists of 30-year, 9-percent annual coupon bonds with a face value of $180 million and a market value of $185 million. The company’s capital mix also includes 200,000 shares of 12-percent preferred stock trading at par. If Worldwide Widget Manufacturing has a marginal tax rate of 32 percent, what weighted average cost of capital (WACC) should it use as it evaluates this project?

9. Worldwide Widget Manufacturing, Inc., wants to add two new production lines of widgets. You’re asked to analyze whether to go forward with two mutually exclu- sive projects. The cash flows of both projects are displayed below. Your company uses a cost of capital of 9 percent to evaluate projects such as the two you’re now analyzing. Show all calculations.

Year: 0 1 2 3 4 5

Project A Cash Flow –$1,000 $150 $300 $500 $300 $250

Project B Cash Flow –$1,400 $300 $470 $200 $600 $350

Calculate the payback of Project A:

Calculate the payback of Project B:

Calculate the IRR of Project A:

Calculate the IRR of Project B:

Using the NPV method and assuming a cost of capital of 6 percent, calculate the NPV of these two projects. Which of these mutually exclusive projects should the company accept?

Graded Project10

Part 5: Forecasting and Capital Structure 10. You’ve been asked to use the following historical sales information to forecast

next year’s sales for Worldwide Widget Manufacturing, Inc. The actual sales for 2016 were $1,950,000.

Year: 2011 2012 2013 2014 2015

Sales $1,750,000 $2,000,000 $1,350,000 $2,250,000 $1,800,000

What would be next year’s forecast using the naïve approach and the average sales approach? What would be the MAPE using the naïve approach and the average sales approach?

11. After adding a new line of widgets, Worldwide Widget Manufacturing, Inc., expects all assets and current liabilities to shrink with sales. The company has sales for the year just ended of $20 million. The company also has a profit margin of 20 percent, a return ratio of 25 percent, and expected sales of $18 million next year. Worldwide Widget Manufacturing, Inc., shows the following on its balance sheet.

Assets Liabilities and Equity

Current assets $2,500,000 Current liabilities $1,250,000

Fixed assets $3,500,000 Long-term debt $1,500,000

Equity $3,250,000

Total assets $6,000,000 Total liabilities and equity $6,000,000

What amount of additional funds (AFN) will Worldwide Widget Manufacturing, Inc., need from external sources to fund the expected growth? What does the AFN show?

11Graded Project 11

SCORING GUIDELINES Your project will be graded according to the criteria found in the rubric below. Your point total will be divided by the total number of points available for the project (200).

Rubric:

Skill/ Grading Criteria

All calcu- lations,

equations, and expla- nations are

correct.

Most cal- culations, equations, and expla- nations are

correct.

Some cal- culations, equations, and expla- nations are

correct.

Few or no calcu- lations,

equations, and expla- nations are

correct.

Grader’s Comments

Part 1:

Question 1 Worth a Total of

30 Points

30–22 21–15 14–7 6–0

Question 2 Worth a

Total of 30 Points

30–22 21–15 14–7 6–0

Part 2:

Question 3 Worth a

Total of 10 Points

10–7 6–4 3–1 1–0

Question 4 Worth a

Total of 10 Points

10–7 6–4 3–1 1–0

Question 5 Worth a

Total of 10 Points

10–7 6–4 3–1 1–0

(Continued)

Graded Project12

Part 3:

Question 6 Worth a

Total of 30 Points

30–22 21–15 14–7 6–0

Question 7 Worth a

Total of 20 Points

20–15 14–10 9–5 4–0

Part 4:

Question 8 Worth a

Total of 20 Points

20–15 14–10 9–5 4–0

Question 9 Worth a

Total of 20 Points

20–15 14–10 9–5 4–0

Part 5:

Question 10 Worth a

Total of 10 Points

10–7 6–4 3–1 1–0

Question 11 Worth a

Total of 10 Points

10–7 6–4 3–1 1–0

Total Points

Total Score

_____/200

13Graded Project 13

Submitting Your Project Each project is individually graded and therefore could take approximately 5–7 business days to grade.

Follow this procedure to submit your assignment online:

Make sure the following information is in the heading of each document:

n Your name

n Your email address

n Your student number

n Course name and number

n Project number (081776)

1. Go to http://www.pennfoster.edu and log in to your stu- dent portal.

2. On your student portal, click on Take an Exam.

3. In the box provided, enter the examination number. The number for this exam is 081776.

4. Click on Submit.

5. On the next screen, enter your email address. (Note: This information is required for online submission.)

6. If you wish to tell your instructor anything specific regarding this assignment, enter it in the Comments.

7. Attach your file or files as follows:

a. Click on the first Browse box.

b. Locate the file you wish to attach.

c. Double-click on the file.

d. To attach the additional files, click on the next Browse box and repeat steps b and c. Repeat until all files are uploaded.

8. Click on Submit.

Need help with a 4 page report

 

Accounting

Field: Business Finance – Accounting
Need help with a 4 page report
Accounting
At this point you have examined three years of financial statements for your firm. You have also determined their sustainable growth rate as well. You have also learned about various financial ratios. Use this spreadsheet for the information needed to complete this assignment. In a comprehensive summary of your firm, provide the following financial information for your firm for the last two years.

· Revenue

· Net Income

· Profitability Ratios

· Gross Profit Margin

· Net Profit Margin

· Return on Assets

· Liquidity Ratios

· Current Ratio

· Market Ratios

· Earnings per Share

· Price to Earnings Ratio

· Debt measures

· Debt to Asset Ratio

· Explain what each ratio and piece of financial data means and explain the trends in each; are they increasing or decreasing and is this trend positive or negative for the firm and why?

· Using the information from IP4, summarize an explanation of the Sustainable Growth Rate for your firm and what it means for your company (do NOT copy and paste the information from IP4! This is not what the assignment requires)

· Using the financial data, summarize and reflect on the future financial health of your firm.

Accounting
AAPL Income Statement
APPLE INC (AAPL) CashFlowFlag INCOME STATEMENT APPLE INC (AAPL) CashFlowFlag INCOME STATEMENT
Fiscal year ends in September. USD in millions except per share data. 9/24/16 9/26/15 9/27/14 9/28/13
Revenue $ 215,639 $ 233,715 $ 182,795 $ 170,910
Cost of revenue $ 131,376 $ 140,089 $ 112,258 $ 106,606
Gross profit $ 84,263 $ 93,626 $ 70,537 $ 64,304
Operating expenses
Research and development $ 10,045 $ 8,067 $ 6,041 $ 4,475
Sales, General and administrative $ 14,194 $ 14,329 $ 11,993 $ 10,830
Total operating expenses $ 24,239 $ 22,396 $ 18,034 $ 15,305
Operating income $ 60,024 $ 71,230 $ 52,503 $ 48,999
Interest Expense $ 1,456 $ 733 $ 384 $ 136
Other income (expense) $ 2,804 $ 2,018 $ 1,364 $ 1,292
Income before taxes $ 61,372 $ 72,515 $ 53,483 $ 50,155
Provision for income taxes $ 15,685 $ 19,121 $ 13,973 $ 13,118
Net income from continuing operations $ 45,687 $ 53,394 $ 39,510 $ 37,037
Net income $ 45,687 $ 53,394 $ 39,510 $ 37,037
Net income available to common shareholders $ 45,687 $ 53,394 $ 39,510 $ 37,037
AAPL Balance Sheet
APPLE INC (AAPL) CashFlowFlag BALANCE SHEET
Fiscal year ends in September. USD in millions except per share data. 9/24/16 9/26/15 9/27/14 9/28/13
Assets
Current assets
Cash
Cash and cash equivalents $ 20,484 $ 21,120 $ 13,844 $ 14,259
Short-term investments $ 46,671 $ 20,481 $ 11,233 $ 26,287
Total cash $ 67,155 $ 41,601 $ 25,077 $ 40,546
Receivables $ 15,754 $ 16,849 $ 17,460 $ 13,102
Inventories $ 2,132 $ 2,349 $ 2,111 $ 1,764
Deferred income taxes $ – 0 $ 5,546 $ 4,318 $ 3,453
Other current assets $ 21,828 $ 23,033 $ 19,565 $ 14,421
Total current assets $ 106,869 $ 89,378 $ 68,531 $ 73,286
Non-current assets
Property, plant and equipment
Gross property, plant and equipment $ 61,245 $ 49,257 $ 39,015 $ 28,519
Accumulated Depreciation $ (34,235) $ (26,786) $ (18,391) $ (11,922)
Net property, plant and equipment $ 27,010 $ 22,471 $ 20,624 $ 16,597
Equity and other investments $ 170,430 $ 164,065 $ 130,162 $ 106,215
Goodwill $ 5,414 $ 5,116 $ 4,616 $ 1,577
Intangible assets $ 3,206 $ 3,893 $ 4,142 $ 4,179
Other long-term assets $ 8,757 $ 5,556 $ 3,764 $ 5,146
Total non-current assets $ 214,817 $ 201,101 $ 163,308 $ 133,714
Total assets $ 321,686 $ 290,479 $ 231,839 $ 207,000
Liabilities and stockholders’ equity
Liabilities
Current liabilities
Short-term debt $ 11,605 $ 10,999 $ 6,308 $ – 0
Accounts payable $ 37,294 $ 35,490 $ 30,196 $ 22,367
Taxes payable $ – 0 $ – 0 $ 1,209 $ 1,200
Accrued liabilities $ 22,027 $ 25,181 $ 7,689 $ 5,217
Deferred revenues $ 8,080 $ 8,940 $ 9,548 $ 7,435
Other current liabilities $ – 0 $ – 0 $ 8,498 $ 7,439
Total current liabilities $ 79,006 $ 80,610 $ 63,448 $ 43,658
Non-current liabilities
Long-term debt $ 75,427 $ 53,463 $ 28,987 $ 16,960
Deferred taxes liabilities $ 26,019 $ 24,062 $ 20,259 $ 16,489
Deferred revenues $ 2,930 $ 3,624 $ 3,031 $ 2,625
Other long-term liabilities $ 10,055 $ 9,365 $ 4,567 $ 3,719
Total non-current liabilities $ 114,431 $ 90,514 $ 56,844 $ 39,793
Total liabilities $ 193,437 $ 171,124 $ 120,292 $ 83,451
Stockholders’ equity
Common stock $ 31,251 $ 27,416 $ 23,313 $ – 0
Additional paid-in capital $ – 0 $ – 0 $ – 0 $ 19,764
Retained earnings $ 96,364 $ 92,284 $ 87,152 $ 104,256
Accumulated other comprehensive income $ 634 $ (345) $ 1,082 $ (471)
Total stockholders’ equity $ 128,249 $ 119,355 $ 111,547 $ 123,549
Total liabilities and stockholders’ equity $ 321,686 $ 290,479 $ 231,839 $ 207,000
APPL Cash Flow
APPLE INC (AAPL) Statement of CASH FLOW
Fiscal year ends in September. USD in millions except per share data. 9/24/16 9/26/15 9/27/14 9/28/13
Cash Flows From Operating Activities
Net income $ 45,687 $ 53,394 $ 39,510 $ 37,037
Depreciation & amortization $ 10,505 $ 11,257 $ 7,946 $ 6,757
Deferred income taxes $ 4,938 $ 1,382 $ 2,347 $ 1,141
Stock based compensation $ 4,210 $ 3,586 $ 2,863 $ 2,253
Accounts receivable $ 1,095 $ 611 $ (4,232) $ (2,172)
Inventory $ 217 $ (238) $ (76) $ (973)
Accounts payable $ 1,791 $ 5,400 $ 5,938 $ 2,340
Other working capital $ (2,619) $ 5,874 $ 5,417 $ 7,283
Other non-cash items
Net cash provided by operating activities $ 65,824 $ 81,266 $ 59,713 $ 53,666
Cash Flows From Investing Activities
Investments in property, plant, and equipment $ (12,734) $ (11,247) $ (9,571) $ (8,165)
Acquisitions, net $ (297) $ (343) $ (3,765) $ (496)
Purchases of investments $ (143,816) $ (166,402) $ (217,128) $ (148,489)
Sales/Maturities of investments $ 111,794 $ 121,985 $ 208,111 $ 124,447
Purchases of intangibles $ (814) $ (241) $ (242) $ (911)
Other investing activities $ (110) $ (26) $ 16 $ (160)
Net cash used for investing activities $ (45,977) $ (56,274) $ (22,579) $ (33,774)
Cash Flows From Financing Activities
Debt issued $ 18,266 $ 16,896
Debt repayment $ (2,500)
Common stock issued $ 495 $ 543 $ 730 $ 530
Common stock repurchased $ (29,722) $ (35,253) $ (45,000) $ (22,860)
Dividend paid $ (12,150) $ (11,561) $ (11,126) $ (10,564)
Other financing activities $ 23,394 $ 28,555 $ (419) $ (381)
Net cash provided by (used for) financing activities $ (20,483) $ (17,716) $ (37,549) $ (16,379)
Net change in cash $ (636) $ 7,276 $ (415) $ 3,513
Cash at beginning of period $ 21,120 $ 13,844 $ 14,259 $ 10,746
Cash at end of period $ 20,484 $ 21,120 $ 13,844 $ 14,259
Free Cash Flow
Operating cash flow $ 65,824 $ 81,266 $ 59,713 $ 53,666
Capital expenditure $ (13,548) $ (11,488) $ (9,813) $ (9,076)
Free cash flow $ 52,276 $ 69,778 $ 49,900 $ 44,590

 

 

 

 

 

Business Finance – Economics/MGT 5064 Cost and Economic Analysis

 

Business Finance – Economics/MGT 5064 Cost and Economic Analysis
Refer to Chapter 2 notes, and the recorded class meeting to answer the following questions completely:

1. What is the relationship between NB and Pareto efficiency?

2. Explain what willingness to pay is.

3. What is the relationship between WTP and net benefits?

4. What is the significance of opportunity cost?

5. Why are Pareto efficiency policies impractical?

6. Explain the Potential Pareto efficiency criterion (also called Kaldor-Hicks criterion).

7. What can be done if impacts cannot be monetized?

8. What is qualitative CBA?

9. What is cost-effectiveness analysis?

10. Answer Exercise 2.4 (Chapter 2 Exercise 4). Three mutually exclusive projects are being considered for a remote river valley. Project R, a recreational facility, has estimated benefits of $10 million and costs $8 million; project , a forest preserve with some recreational facilities, has estimated benefits of $13 million and costs $10 million; project W, q wilderness area with restricted public access, has estimated benefits of $5 million and costs $1 million. In addition, a road could be built for a cost of $4million that would increase the benefits of project R by $8 million, increase the benefits of project F by $5 million, and reduce the benefits of project W by $1 million. Even in the absence of any of the other projects, the road has estimated benefits of $2 million.

a. Calculate the benefit-cost ratio and net benefits for each possible alternative to the status quo. Note that there are seven possible alternatives to the status quo.: R, F, and W, both with and without road, and the road alone.

b. If only one of the seven alternatives can be selected, which should be selected according to the CBA decision rule?

All work must be typed using Times New Roman or Calibri, 12 points font and must be submitted in MS Word; work submitted in any other format will not be graded. Submit/ upload your answers as an attachment using the CANVAS setting for Homework 3.

File name: LASTNAME_FIRSTNAME_Homework 3 on Chapter 2

• Evaluate the relative merits of a variety of human resources interventions such as organizational development, succession and workforce planning, strategic staffing, diversity training, cultural change, and rewards and recognition redesign.

 

Management/Human Resources: Peer-Reviewed Journal Article Analysis

Human Resource Management

Learning Outcomes:

• Evaluate the relative merits of a variety of human resources interventions such as organizational development, succession and workforce planning, strategic staffing, diversity training, cultural change, and rewards and recognition redesign.

• Apply acquired human resources knowledge to resolve business and organizational issues.

Research, select, analyze, and submit an analysis of a peer-reviewed journal article, related to Human Resource Management.

 

Using this information, the Assignment Rubric (SEE ATTACHMENT) and the Journal Article Analysis Guidelines (SEE ATTACHMENT), develop a 4-5 page APA formatted paper (NOT including title page). No outside research is necessary for this assignment (you only need to rely on the journal article you selected for analysis).

Management/Human Resources: Peer-reviewed Journal Article Analysis
Journal Article Analysis Guidelines Page 1 of 3

Peer-Reviewed Journal Article Analysis Component Example

Article Title (APA Citation) – Cited in analysis – Reference page with article reference

Brumandl, R., Kemper, A., & Kossman, D. (2003, November

2003). Quality of service in an information economy.

ACM Transactions on Internet Technology, 3, 4.

Retrieved October 13, 2002, ACM Digital library.

Article Summary/Abstract (In your words)

This article examines the response time or quality of service associated with query processing via the Internet. The integration of a distributed query processor is examined as a way to improve Quality of Service during query processing.

Is the purpose of article and research problem clearly identified? What was the main theme of the paper? What new ideas or information were communicated in the paper? Why was it important to publish these ideas?

The purpose of the article is clearly identified in the article and introduction sections of the article. The article delves into extensive technical detail related to database performance along with quality and cost parameters that may be specified by the owner of the query plan.

Did the author clearly define the research process used in their article? What methods did the authors use to reach conclusions? If this is an experiment or survey, how were the data collected and analyzed? Who were the subjects? What were the basic results or findings from the research? If this is an opinion paper, where did the author find his or her opinions? If this is a technical paper, how do you know that the material is accurate? Give your impressions of the usefulness of the paper. Give your reasons for your

The research conducted in the article is primarily secondary in nature as the authors made extensive use of primary articles for their data and analysis.

Journal Article Analysis Guidelines Page 2 of 3

opinions. Write about your opinions of the strengths and weaknesses of the paper in separate paragraphs. Does the author of the study protect the participants in the study and is the scope of the study clearly defined?

Since the authors did not do the primary research for the data in these articles, the participants creating the query requests remained completely anonymous.

Did the author adequately define the limitations of the study and how these limitations could have an impact on the finding of the study?

The authors of this study did not identify any limitation but it would seem that the limitation would be in the form of the data for this study was not directly completed by the authors as they relied primarily on the research of others. It is believed that the authors of the article did not adequately take into account the hardware capabilities and the network connections of the end users performing the queries.

Can the findings of this article be applied to the needs of the research in progress? Were the findings important to a reader? Were the conclusions valid? Do you agree with the conclusions? If the material was technical, was the technical material innovative?

To a certain extent, the findings and recommendations can be applied to query processing if the end user has the proper tools to set the query limits and to abort the query if any of the quality of service parameters is out of limits. However, in the experience of this learner, most end users performing Internet query do not have the software necessary to set the query limits.

Is the data and finding of this article sufficiently current to be applicable to the research in progress?

Although the article is being published in the November 2003 issue of an ACM publication, most of the references predate 2000. Only one reference is dated in 2000 and there are several from 1992. In general, this reviewer believes the age of the references for this article must be considered in the relevance to today’s computing and information systems environment. The technical details of this particular article would not be appropriate for the research being conducted by this learner.

Does the author present their findings and recommendation in an unbiased manner?

Yes – these authors analyzed the data presented in an unbiased and quantitative manner. For example….

Are the findings consistent with the purpose of the research and the title of the article?

In general, the article drills down into some technical areas that would not be of interest to most readers attracted by the title of the article. To some extent, this article concentrated on database and query language details that go beyond the broader

Journal Article Analysis Guidelines Page 3 of 3

title of the article. The performance and response calculations presented are not usually of interest to information systems professional as much as they would be to computer engineers and scientists.

Are the conclusions presented from the data presented in the study and the analysis performed justified to support the recommendations?

The conclusions presented by the authors would appear to be supported by the analysis of the data presented. The authors only presented conclusions not recommendations as to course of actions to be taken.

Are the researcher’s background, experience and credentials presented with the report?

This article did not provide information on the background, experience and credentials on the authors of the article.
Management/Human Resources: Peer-reviewed Journal Article Analysis
Journal Article Grading Rubric

Each writing assignment is worth a total of 100 points. Please see the grading rubric below for additional detail and feedback on performance.

Criteria

Poor

Fair

Good

Excellent

Citations

0 to 1 points

No attempt is made to cite sources

2 to 3 points

Some pieces are unreferenced or inaccurately referenced, and there are problems with completeness and format of citations

4 to 4 points

All evidence is cited using proper APA format, but there are some minor problems with completeness

5 to 5 points

All evidence is properly cited in proper APA format

Mechanics (free of grammatical, spelling and/or typographical errors, verb tense remained consistent throughout the entire paper, thoughts well-articulated and clearly presented)

0 to 2 points

Writing is unfocused, rambling, or contains serious errors; lacks detail and relevant data and information; poorly organized

3 to 5 points

Writing lacks clarity or conciseness and contains numerous errors; gives insufficient detail and relevant data and information; lacks organization

6 to 8 points

Writing is accomplished in terms of clarity and conciseness and contains only a few errors; includes sufficient details and relevant data and information; well-organized

9 to 10 points

Writing demonstrates a sophisticated clarity, conciseness, and correctness; includes thorough details and relevant data and information; extremely well-organized

Each question was addressed completely and accurately, including proper citation and reference to web resources or textbook

0 to 15 points

Presents an incomplete analysis of the issues identified

16 to 30 points

Presents a superficial analysis of some of the issues identified; omits necessary supporting resources

31 to 45 points

Presents a thorough analysis of most issues identified; includes connection to supporting resources

46 to 50 points

Presents an insightful and thorough analysis of all issues identified; includes connection to supporting resources

Depth of analysis, critical thinking and originality of Critical Analysis

0 to 10 points

Supports diagnosis and opinions with few reasons and little evidence; argument is one-sided and not objective

11 to 20 points

Supports diagnosis and opinions with limited reasons and evidence; presents a somewhat one-sided argument

21 to 30 points

Supports diagnosis and opinions with reasons and evidence; presents a fairly balanced view; interpretation is both reasonable and objective

31 to 35 points

Supports diagnosis and opinions with strong arguments and evidence; presents a balanced and critical view; interpretation is both reasonable and objective

MGT/426- Change Examination / Human Resource Management

 

MGT/426- Change Examination / Human Resource Management

Students start to think about how change may impact an organization, how leadership is effective or ineffective in communicating, and to hear from other students about types of changes experienced or researched. Organizations are impacted by change both internally and externally.

Assignment Steps

Choose an organization at which you have worked or with which you are familiar. Examine the type of change experienced (current or past employer or a company that your facilitator approves). This is an organization you will be using throughout the entire class. Reflect on how the leadership introduced/announced the change and the reason for the change.

Prepare a graphic that illustrates your analysis of the change and in 1,050 words, cover the following:

•Identify the type of change

•Explain how the change was communicated

•Identify which leaders were involved in the communication

•Identify the change model, or recommend one if none apparently used

Selecting the right person for an open position requires an analysis of all of the aspects of an applicant, including his or her past experience (knowledge, skills, and education), his or her application and resume, and the interview responses. As a human resources (HR) recruiter, discuss with the hiring managers the importance of selecting the best candidates in your industry for the positions listed below. Be sure to consider matching the needs and culture of the organization. You may use the Career Services interviewing section to assist you with your project. Complete the following: Discuss the process for developing interview questions for an hourly position (e.g., a receptionist, data entry operator, customer service representative, etc.) and a specialist position (e.g., a technician, chef, nurse, foreman, accountant, engineer, librarian, etc.), and be sure to include the steps for determining appropriate questions. Discuss the 3 types of interviews, and give examples of each type. Develop a total of 8 interview questions (4 questions per position), develop the question responses, and explain what you would be looking for with each answer. Provide a mixture of behavioral and technical questions that you believe are the most important. Part 2: Week 5 Review the comments on your Key Assignment Draft from your instructor and peers, and complete the following: Make any necessary revisions to your final presentation based on their suggestions. Additional content should be at least 3 PowerPoint slides in length with at least 200 words of speaker notes per slide, and it should include the following details: How does the HR department support the organization’s competitiveness by maintaining a highly skilled and motivated workforce through training and development? Discuss the tactics that companies can use to ensure that they retain highly qualified employees through no-cost and low-cost compensation, training, and development. From your prior knowledge, experiences, and learning, discuss at least 2 strategic changes that you would recommend to your current company or industry to improve its training and development to retain its best employees.

 

Human Resource Management

Selecting the right person for an open position requires an analysis of all of the aspects of an applicant, including his or her past experience (knowledge, skills, and education), his or her application and resume, and the interview responses.

 

As a human resources (HR) recruiter, discuss with the hiring managers the importance of selecting the best candidates in your industry for the positions listed below. Be sure to consider matching the needs and culture of the organization. You may use the Career Services interviewing section to assist you with your project. Complete the following:

 

Discuss the process for developing interview questions for an hourly position (e.g., a receptionist, data entry operator, customer service representative, etc.) and a specialist position (e.g., a technician, chef, nurse, foreman, accountant, engineer, librarian, etc.), and be sure to include the steps for determining appropriate questions.

Discuss the 3 types of interviews, and give examples of each type.

Develop a total of 8 interview questions (4 questions per position), develop the question responses, and explain what you would be looking for with each answer.

Provide a mixture of behavioral and technical questions that you believe are the most important.

 

 

Part 2: Week 5

 

Review the comments on your Key Assignment Draft from your instructor and peers, and complete the following:

 

Make any necessary revisions to your final presentation based on their suggestions.

Additional content should be at least 3 PowerPoint slides in length with at least 200 words of speaker notes per slide, and it should include the following details:

How does the HR department support the organization’s competitiveness by maintaining a highly skilled and motivated workforce through training and development?

Discuss the tactics that companies can use to ensure that they retain highly qualified employees through no-cost and low-cost compensation, training, and development.

From your prior knowledge, experiences, and learning, discuss at least 2 strategic changes that you would recommend to your current company or industry to improve its training and development to retain its best employees.

Information Interviews are KEY to developing your professional network, increasing your knowledge of your chosen field and are a great way to build interviewing skills.

 

Interview

English – Article writing

Information Interviews are KEY to developing your professional network, increasing your knowledge of your chosen field and are a great way to build interviewing skills. For this assignment, you will be interviewing TWO professionals currently employed in your target job title.——->(Agri-business or Food and Resources Economics)

Please review this PowerPoint for full assignment details and sample questions as discussed in class: Information_Interviews.pptxPreview the documentView in a new window

To write your report, include:

Part 1-
Compare and contrast your interviewees. This includes:
– What you learned about your field.
– What you think about the job as they described it.
– What you found helpful/concerning.
– How their answers were similar or dissimilar.

Part 2-
Critically analyze the information you gathered during your interviews.
– How the information has shaped your career decision?
– What changes (if any) you will make to your career path?
– What steps you will take to be the most prepared for this job?
– How the job, as described by your interviewees, compare to your career values, skills, interests, and personality as discussed in the beginning of the course?

Format-
Minimum 3 pages typed, double spaced. Edit and proofread your document closely. Remember to cite all references.

interview
Exploring The World Of Work

Exploring Self

Interests

Careers

Information Interviews

Action Plan

Education

Skills

Values

Internships

Career/Graduate School

Resume

Cover Letter

Interviewing

Personality

What Is An Information Interview?

An appointment that you schedule with someone doing your target job.

To gain current, regional, and/or specialized information from an “insider” point of view.

Help you explore your possibilities.

Do not require that you sell yourself to an employer and do not depend on existing job vacancies.

Why Bother With Information Interviews?

To get valuable information for your job hunting and career planning (e.g. choosing an academic major or career).

It’s a good way to “reality check” what you’ve read, heard, and thought.

To learn about a particular organization or field, how you might fit in, and what problems (or opportunities) are present in the industry.

Knowing these things will help you slant your qualifications towards the needs of the organization if you choose to apply for a job at some point.

Why Bother With Information Interviews?

To increase your interviewing skills by discussing yourself and your career interests with professionals.

To enlarge your circle of “expert” contacts in a field.

Remember, it is who you know (or get to know) that gets you a job.

Never too early to establish contacts.

Never to early to ask for other referrals (e.g., “Can you suggest some other people that I might talk to about jobs in this field?”)

Who To Contact For The Information Interview?

Look for those who:

Share a common academic major, interest, enthusiasm, or involvement in some activity or lifestyle that appeals to you.

Work in a setting that appeals to you (e.g., hospitals, textile company, colleges, airlines).

Work in career areas in which you’re interested (e.g. counseling psychologist, market researcher, public relations).

Work in specific jobs in specific organizations (e.g., counseling psychologist at a university counseling center, consumer education representative at a utility company, market researcher at IBM).

How To Find Potential Contacts

Ask friends, family, neighbors, colleagues, former employers… anyone you know for an information interview or for a referral.

Contact SF Faculty and Staff.

Career Resource Center

Call community service agencies, trade, and professional organizations (e.g., women’s organizations, Chamber of Commerce, Information Management Association)

Review organizaiton Web sites.

Scan the Yellow Pages, articles in newspapers, magazines, and journals.

Attend meetings (local, state, regional) for professional associations in your career interest field(s).

How To Prepare

People generally like to talk about what they do, but don’t waste their time. Be prepared!

Know your interests, skills, and values and how they relate to the career field represented by the person(s) you’re interviewing.

Read about the career area and organization of the person you’ll be interviewing.

Know exactly what kinds of information you want and have a list of questions in mind.

Be aware of your given time limit and stick to it.

Potential Questions To Ask

Background:

Tell me how you got started in this field.

What was your education?

What educational background or related experience might be helpful in entering this field?

Work Environment:

What are the daily duties of your job?

What are the working conditions?

What skills/abilities are utilized in your field?

Potential Questions To Ask

Problems:

What are the toughest problems you deal with at work?

What problems does the industry as a whole have?

What is being done to solve these problems?

Lifestyle:

What obligation does your work put on you outside the work week?

How much flexibility do you have in terms of dress, work hours, vacations?

Potential Questions To Ask

Rewards:

What do you find most rewarding about this work, besides the money?

Salary:

What salary level would a new person start with?

What are the fringe benefits?

What are other forms of compensation (e. g. bonuses, commissions, securities)?

Potential:

Where do you see yourself going in a few years?

What are your long term goals?

Potential Questions To Ask

Promotional:

Is turnover high?

How does one move from position to position?

Do people normally move to another company/division/ agency?

What is your policy about promotions from within?

What happened to the person(s) who last held this position?

How many have held this job in the last 5 years?

How are employees evaluated?

Potential Questions To Ask

The industry:

What trends do you see for this industry in the next 3 to 5 years?

What kind of future do you see for this organization?

How much of your business is tied to (the economy, government spending, weather, supplies, etc.)?

Advice:

How well-suited is my background for this field?

When the time comes, how would I go about finding a job in this field?

What experience, paid or volunteer, would you recommend?

What suggestions do you have to help make my resume more effective?

Potential Questions To Ask

Demand:

What types of employers hire people in this line of work?

Where are they located?

What other career areas do you feel are related to your work?

Hiring Decision:

What are the most important factors used to hire people in this work (education, past experience, personality, special skills)?

Who makes the hiring decisions for your department?

Who supervises the boss?

When I am ready to apply for a job, who should I contact?

Potential Questions To Ask

Job Market:

How do people find out about your jobs?

Are they advertised in the newspaper (which ones?), on the Web? by word-of-mouth (who spreads the word?) by the personnel office?

Referral to other information opportunities:

Can you name a relevant trade journal or magazine you would recommend I review regularly?

What professional organizations might have information about this career area?

Potential Questions To Ask

Referral to others:

Based on our conversation today, what other types of people do you believe I should talk to?

Can you name a few of these people?

May I have permission to use your name when I contact them?

Do you have any other advice for me?

Other questions you have in mind.

Setting Up Your Information Interview

Phone or e-mail to explain your request and obtain an appointment.

E-mail requests for appointments are most effective if followed up by a telephone inquiry to confirm an appointment time.

Introduce yourself using a personal referral.

Explain your request to schedule an appointment for gathering information about their field of work.

Indicate clearly that you are not applying for a job at this time, but merely conducting career research to help you make better decisions.

If the person you are trying to reach is not in, you can leave a message or ask when to call back.

Try to schedule a 20-30 minute appointment, to be conducted by phone or in person at their convenience.

What If They Are Too Busy?

If the present time is too busy for the person you contact, ask when would be a better time or ask if he/she can suggest another contact in the organization that could provide you with helpful information.

In person is the goal. Sometimes the person might say over the phone: “I have some time now … what did you want to ask me?” Be prepared to conduct the interview over the phone if the person gives you an opportunity to do so.

If you are able to schedule an on-site visit, remember to ask for directions and parking information.

What To Do During The Interview

Do not exceed your requested time, but be prepared to stay longer in case the contact indicates a willingness to talk longer.

Dress as if it were an actual job interview. First impressions are important.

Get to your appointment a few minutes early and be courteous to everyone that you meet— secretary, receptionist, etc.

Take the initiative in conducting the interview— you are the interviewer.

Ask open-ended questions which promote a discussion and cannot be answered with one word responses.

Once inside the organization, look around. What kind of working environment is present—dress style, communication patterns, sense of humor, etc? Is this a place you would want to work?

After The Information Interview

Your interviewee is an active contact for your networking list.

Follow-up with a thank you card.

Thank them for their time.

Tell them something you took away from the experience.

Open the door for future contact.

Periodically re-connect with your interviewee.

Evaluate your experience.

How did you manage in scheduling and conducting the information interview?

How well did you prepare?

Did you get the information you sought? What information do you still lack? Do you need to interview more people in order to get more than one biased viewpoint or additional information? What do you need to do next?

Record the information that you obtained: names, comments, and new referrals for future reference.

Make appointments to interview the referrals.

Write It All Up

Use jobs from your Job Title Report.

Interview TWO contacts (attach business cards to your paper).

Typed, double spaced, spell checked. I am expecting quality work that shows thought and reflection.

Summary of information you learned.

Compare both interviews.

Evaluate settings, responsibilities, etc.

Discuss how the information has impacted your career goals.

Discuss your next steps.

Be sure to scan/upload a picture of each business card.

Follow up with a thank you card. – Upload a copy of your email with complete header information. OR – Upload a copy of the thank you card AND the envelope showing full address information AND stamp.

Extra Credit!

What are some of the elements that will have an effect on a company’s cost of capital? Why might different companies have different costs of capital?

Cost CapitalField

Business & Finance – Financial markets

What are some of the elements that will have an effect on a company’s cost of capital? Why might different companies have different costs of capital?

 

Execution, Control, And Closure

Execution, Control, And Closure

How to create a project plan / network by way of Work Breakdown Structure (WBS). It is now the time to turn your attention to execution and control. The term “control” refers to monitoring the project allowing for assessing the progress and preparing the status report at any desirable interval / time.

Write an eight to ten (8-10) page paper in which you:

Determine the major project milestones and the required delivery dates. Analyze why each milestone is critical to the project.
Document the main assumptions and exclusions (taken from scope statement), dependencies, risks, and any other major issues of the project. Select the top-three (3) important risks of the project, and suggest approaches to address those risks. Hint: mitigation, avoidance, acceptance or transfer.
Explain the techniques of reducing project duration, and determine if any is applicable to your project. If so, expand on the technique to be used. If not, explain as to why no technique is applicable.
Define the control process and describe the control steps. Be sure to expand on the description of Baseline Plan and Measuring the Progress and Performance using an Earned Value (EV) system.
Describe Cost Variance and Schedule Variance. Then, assume that your project is at the half-way point, time-wise. Assuming that you have your baseline budget (PV) in hand, imagine or make up the Actual Cost (AC), and based on the available information, assess the project status with regard to cost and schedule.
Explain the project closure process, and describe the major considerations for closing your project, smoothly.
Use at least three (3) quality resources in this assignment. Note: Wikipedia and similar Websites do not qualify as quality resources.
Format your assignment according to the following formatting requirements:
Typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page is not included in the required page length.
Include a reference page. Citations and references must follow APA format. The reference page is not included in the required page length