Select a publicly held company to use as the basis for this assignment

Question
	
Select a publicly held company to use as the basis for this assignment. Research your selected company and acquire the company's most recentusing the internet. Write a 700 to 1050 work paper analyzing the disclosures contained within the notes to the  statements related to cash and, receivables, and inventories. Include a list identifying the components of the organization's .	

Kaplan GB550 unit 1 assignment

Question
	Assignment: Due in Unit 1
 
Complete the Chapter 1 mini-case homework, p. 48 - 49. Prepare this Assignment as
 a Word document. List each question, followed by your answer.
 
Please submit this Assignment through the Dropbox.


Chapter
1

An Overview of Corporate Finance and

The Financial Environment

 

 MINI CASE













Assume that you recently
graduated with a degree in finance and have just reported to work as an
investment advisor at the brokerage firm of Balik and Kiefer Inc. One of the firm’s clients is Michelle
Dellatorre, a professional tennis player who has just come to the United States
from Chile. Dellatorre is a highly
ranked tennis player who would like to start a company to produce and market
apparel that she designs. She also
expects to invest substantial amounts of money through Balik and Kiefer. 









a. Why is corporate finance important to
all managers?



b. Describe
the organizational forms a company might have as it evolves from a start-up to
a major corporation. List the advantages and disadvantages of each form.



c. How do corporations “go public” and
continue to grow? What are agency problems? What is corporate governance?



d. What
should be the primary objective of managers?



d. 1. Do firms have any responsibilities to society
at large?



d. 2. Is
stock price maximization good or bad for society?



d. 3. Should firms behave ethically?



e. What
three aspects of cash flows affect the value of any investment?



f. What
are free cash flows? What are the three determinants of free cash flows?



g. What
is the weighted average cost of capital? What affects it?



h. How
do free cash flows and the weighted average cost of capital interact to
determine a firm’s value?





i. Who
are the providers (savers) and users (borrowers) of capital? How is capital transferred between savers and
borrowers?



j. What do we call the price that a
borrower must pay for debt capital? What is the price

of equity capital? What are the four most fundamental factors
that affect the cost of

money, or the general level of interest
rates, in the economy?



m. List some financial institutions.



 

 

 
l.
 What are financial securities? Describe some financial instruments.
 

 



 

 

 


 

 

 
l.
 What are financial securities? Describe some financial instruments.
 
 


 


 
 

 

 


 


 



 

 

 
k.
 What are some economic conditions (including international aspects) that
 affect the cost of money?



n. What are some different types of
markets?



o.
How are secondary markets organized?



1. List some physical location markets
and some computer/telephone networks.



2. Explain the differences between open
outcry auctions, dealer markets, and electronic

communications networks (ECNS).




 

 

 
p.
 Briefly explain mortgage securitization and how it contributed to the global
 economic crisis.
 



Answer:









 





































	

The Johnson Corporation’s

Question
	
The Johnson Corporation's lead accountant shows the following info: 
On Jan 1, 2012, Johnson purchased a bottling machine for $800000 
A) Straight-line basis depreciation for 5 years for tax purposes 
B) Half year convention for 8 years for financial reporting (See Appendix 11A.) 
C) Tax- exempt municipal bonds yielded interest of $150000 in 2013. 
D) Pretax financial income is $2300000 in 2012 and $2400000 in 2013. 
E) The company recognized an extraordinary gain of $150000 in 2013 
(which is fully taxable). 
F) Taxable income is expected in future years with an expected tax rate of 35%. 

Required: 
1) Compute taxable income and income taxes payable for 2013. 
2) Prepare the journal entries for income tax expense, income taxes payable, and 
deferred taxes for 2013. 
3) Prepare the deferred income taxes presentation for Dec 31, 2013 balance sheet.
	

BUS308-Wk1 – Assignment – Ashford University

Question
	


1.2 Which of these variables are quantitative and which are qualitative?
a. The dollar amount on accounts receivable invoice. 
b. The net profit for a company in 2009. 
c. The stock exchange on which a company’s stock is traded.
d. The national debt of the United States in 2009. 
e. The advertising medium (radio, television, or print) used to promote a product. 


1.17 Classify each of the following qualitative variables as ordinal or nominative.
Qualitative Variable Categories
Statistics course letter grade A B C D F
Door choice on Let’s Make A Deal Door #1 Door #2
Television show classifications TV-G TV-PG TV-14 TV-MA
Personal computer ownership Yes No
Restaurant rating ***** **** *** ** *
Income tax filing status Married filing jointly Married filing separately
Single Head of household Qualifying widow(er)
3.3 Calculate the mean, median, and mode of each of the following populations of numbers:
a. 9, 8, 10, 10, 12, 6, 11, 10, 12, 8
b. 110, 120, 70, 90, 90, 100, 80, 130, 140

3.22 In order to control costs, a company wishes to study the amount of money its sales force spends entertaining clients. The following is a random sample of six entertainment expenses (dinner cost for four people) from expense report submitted by members of the sales force.
$157 $132 $109 $145 $125 $139
a. Calculatex, s2, and s for the expense data. In addition, show that the two different formulas for calculating s2 give the same result.
b. Assuming that the distribution of entertainment expenses is approximately normally distributed calculate estimates of tolerance intervals containing 68.26 percent, 95.44 percent, and 99.73 percent of all entertainment expenses by the sales force.
c. If a member of the sales force submits an entertainment expense (dinner cost for four) of $190, should this expense be considered unusually high (and possibly worthy of investigation by the company)? Explain your answer.
d. Compute and interpret the z-score for each of the six entertainment expenses.
	

accounts data bank

Question

1. Many firms choose to achieve target cost
through redesign of the product or service because they recognize that design
decisions:



A.
Are life cycle costs with high
downstream costs and benefits. 

B.
Account for much of the
total product life cycle costs. 

C.
Impact costs at the
manufacturing stage of the life cycle. 

D.
Are critical success
factors in most firms. 



2. Many
firms are finding it is difficult to compete successfully on cost leadership or
differentiation alone, and they must, in fact, compete on both: 



A.
Cost and design. 

B.
Price and functionality.


C.
Cost and price. 

D.
Design and
functionality. 

E.
Cost and functionality. 



3.
_________________________
is an important first step in value engineering because it identifies critical
consumer preferences that will define the product's desired functionality. 



A.
Consumer analysis 

B.
Sales force analysis 

C.
Design analysis 

D.
R&D analysis 

E.
Market place analysis 



4. Which of the following are computer-based
databases that include comprehensive information about the firm's cost drivers?



A.
Cost tables. 

B.
Cost databases. 

C.
Cost driver tables. 

D.
Excel tables. 



5. Which of the following is a method of
reducing cost by identifying parts in different products that are common and
interchangeable?



A.
Target costing. 

B.
Value chain analysis. 

C.
Concurrent engineering. 

D.
Group technology. 

E.
Theory of constraints. 



6. Throughput margin is defined as sales less:



A.
Direct labor costs. 

B.
Direct material costs. 

C.
Direct labor and
material costs. 

D.
Processing costs. 

E.
Manufacturing costs. 



7. The theory of constraints (TOC) emphasizes
which of the following?



A.
Developing competitive constraints. 

B.
Finding and eliminating
design constraints. 

C.
Removing bottlenecks
from the production process. 

D.
Improving overall
production efficiency. 



8. The theory of constraints (TOC) approach is
strategically important in dynamic markets because it leads to:



A.
A more responsive and flexible
manufacturing environment. 

B.
Better customer
relationships. 

C.
Quicker data
accessibility. 

D.
Faster setup times. 



9. Activity-based costing (ABC) and the theory
of constraints (TOC) are viewed as methods that are:



A.
Substitutions for one another. 

B.
Complementary. 

C.
Auxiliary. 

D.
Responsive. 

E.
Parallel. 



10.
Reduced time-to-market,
reduced expected service cost, and ease-of-manufacture are critical success
factors at which stage of the cost life cycle? 



A.
R & D. 

B.
Product planning and
scheduling. 

C.
Product design. 

D.
Manufacturing. 









11. Concurrent
engineering relies on an integrated approach, in which the engineering/design
process takes place throughout the cost life cycle using cross-functional
teams. Strategically, this concurrent approach should give a firm all of the
following except: 



A.
Flexibility in refining its design. 

B.
Ability to quickly
incorporate customer suggestions. 

C.
Cost savings because of
time saved. 

D.
More detailed analysis
of product functionality. 



12.
Generally, firms will price a product more competitively at which stages of the
product's sales life cycle?



A.
Product introduction and Growth. 

B.
Maturity and decline. 

C.
Throughout the cycle. 

D.
At the end of the life
cycle. 



13. The
sequence of activities within the firm which begins with research and
development, followed by design, and manufacturing, marketing/distribution, and
customer service is the: 



A.
Sales life cycle. 

B.
Target life cycle. 

C.
Market life cycle. 

D.
Critical life cycle. 

E.
Cost life cycle. 



14.
The sequence of phases
in the product or service's life in the market - from the introduction of the
product or service to the growth in sales and finally maturity, decline, and
withdrawal from the market is the: 



A.
Sales life cycle. 

B.
Target life cycle. 

C.
Market life cycle. 

D.
Critical life cycle. 

E.
Cost life cycle. 



15. When
a firm determines the desired cost for a product or service, given a
competitive market price, in order to earn a desired profit, the firm is
exercising: 



A.
Target costing. 

B.
Life cycle costing. 

C.
Variable costing. 

D.
Absorption costing. 

E.
Competitive costing. 



16.
Which one of the following is not one of the five steps in TOC analysis?



A.
Identify the binding constraint(s). 

B.
Determine the most
efficient utilization for each binding constraint. 

C.
Manage the flow through
the binding constraint. 

D.
Identify those
responsible for bottlenecks and make adjustments as needed. 

E.
Redesign the
manufacturing process for flexibility and fast throughput. 



17. The
goals of coordinating manufacturing processes, thereby reducing the amount of
inventory and improving overall productivity, is particularly important in a: 



A.
Standard cost system. 

B.
Just-in-time system. 

C.
Normal costing system. 

D.
Activity based costing
system. 

E.
Total quality management
system. 



18.
Which one of the following is true concerning TOC?









































A.
A 

B.
B 

C.
C 

D.
D 

E.
E 



19.
Henry Ford was an early pioneer in the use of:



A.
the theory of constraints. 

B.
target costing. 

C.
life cycle costing. 

D.
just-in-time
manufacturing. 



20.

During
which stage of the sales life cycle of a product do sales continue to increase
but at a decreasing rate, and competition tends to







focus
on cost?



A.
Maturity. 

B.
Decline. 

C.
Inflation. 

D.
Growth. 

E.
Introduction. 

	

Raceway.com, Inc., you conclude that there is a possibility

Question
	1. During your audit of Raceway.com, Inc., you conclude that there is a possibility that inventory is materially overstated. The client refuses to allow you to expand the
scope of your audit sufficiently to verify whether the balance is actually misstated.
2. You complete the audit of Munich Department Store, and in your opinion, the financial statements are fairly presented. On the last day of the audit, you discover that
one of your supervisors assigned to the audit has a material investment in Munich.

3. Auto Delivery Company has a fleet of several delivery trucks. In the past, Auto Delivery had followed the policy of purchasing all equipment. In the current year,
they decided to lease the trucks. The method of accounting for the trucks is therefore changed to lease capitalization. This change in policy is fully disclosed in footnotes.

4. You are auditing Deep Clean Services for the first time. Deep Clean has been in business for several years but over the last two years has struggled to stay afloat given
the economic conditions. Based on your audit work, you have substantial doubt that Deep Clean will be in business by the end of its next fiscal year.

5. One of your audit clients has a material investment in a privately-held biosciences company. Your audit firm engaged a business valuation specialist to assist in
evaluating the client’s estimation of the investment’s fair value. You conclude that the valuation specialist’s work provides sufficient appropriate audit evidence.

6. Four weeks after the year-end date, a major customer of Prince Construction Co. declared bankruptcy. Because the customer had confirmed the balance due to Prince
at the balance sheet date, management refuses to charge off the account or otherwise disclose the information. The receivable represents approximately 10% of accounts
receivable and 20% of net earnings before taxes.

For each situation, do the following:

a. Identify which of the conditions requiring a modification of or a deviation from an unqualified standard report is applicable.

b. State the level of materiality as immaterial, material, or highly material. If you cannot decide the level of materiality, state the additional information needed to make a
decision.

c. Given your answers in parts a and b, state the type of audit report that should be issued. If you have not decided on one level of materiality in part b, state the
appropriate report for each alternative materiality level. 
	

SCI 207 Week 3 Lab 3 Biodiversity

Question
	
Biodiversity. Read Lab 3: Biodiversity. This lab will allow you to investigate how various organisms alter their environments. Additionally, it will allow you to assess the health of the ecosystem in which you live through the germination of various seed types. Then, utilize this information to complete Experiments 1 and 2 on the Lab 3 Reporting Form, completing all tables as you proceed. Make sure that all of the following items are completed before submission:
a. Read through intro material and record your hypothesis for “Experiment 1: Interdependence of Seeds” on the Lab 3 Reporting Form.
b. Perform “Experiment 1: Interdependence of Seeds” using youreSciencelab manual and kit. Answer post lab questions 1 through 5 on the Lab 3 Reporting Form.
c. Record your hypothesis for “Experiment 2: Diversity of Plants” on the Lab 3 Reporting Form.
d. Complete “Experiment 2: Diversity of Plants” using youreSciencelab manual and kit. Answer post lab questions 1 through 5 on the Lab 3 Reporting Form.
All post lab questions for “Lab 3: Biodiversity” should be completed on the Lab 3 Reporting Form. Save your completed Lab 3 Reporting Form as a Word document. The document must be formatted according to APA style, including a title page and references page. For information regarding APA samples and tutorials, visit the Ashford Writing Center, located within the Learning Resources tab on the left navigation toolbar, in your online course. Submit the document via the Assignment Basket in your online course. Carefully review the Grading Rubric (available for download in your online course) before beginning the lab and note the criteria that will be used to evaluate your assignment.
	

CASE STUDY FREE TRADE USA THAILAND

CASE STUDY FREE TRADE USA THAILAND

Order Description For the exclusive use of C. Alexander, 2015. -9- UV2714 Exhibit 1 U.S.–THAILAND FREE TRADE AGREEMENT Garlic in Thailand Garlic Imports by Thailand from China (tons per year) Data source: Thai Customs Department. Garlic Price in Thailand (THB per kilogram per year) Data source: Thai Office of Agricultural Economics. This document is authorized for use only by Cody Alexander in Introduction to International Business taught by MEGHANA AYYAGARI, George Washington University from January 2015 to May 2015. Direction : To read and analyze the case thoroughly included within the attachment. The analysis  must address the issues below A good case write-up makes intelligent use of figures, charts, and tables to make the point. All in-text citations should use parenthetical endnotes; a full references list should be attached at the end of the document. Analyze the strengths and weaknesses of your recommendation while incorporating why alternative strategies are not appropriate. 1. What are the benefits/costs of the FTA agreement from the point of view of the United States? 2. Are these benefits/costs very important for the US? 3. What are the benefits/costs of the FTA agreement from the point of view of Thailand? 4. Are these benefits/costs very important for Thailand? 5. Discuss the pros and cons of bilateral versus multilateral strategies. For students not submitting the case write-up please answer the following question: What are the concerns about the impact of the FTA on competitiveness of US light trucks? Other important ideas: Customs Unions- A customs union is a type of trade bloc which is composed of a free trade area with a common external tariff. The participant countries set up common external trade policy, but in some cases they use different import quotas

Art Essay Paper

Question
	
Art Essay 

Essay about artist (june wayne) at
least 2 pages. I want the essay be like this:-

The introduction: General
information about the artist

Body:

1st
paragraph: Talk about a picture you like from the three pictures and say why.

2nd paragraph:
Talk about a picture you didn't like from the three pictures and say why.

3rd paragraph:
Talk about a picture you pass through and you feel that it's 

Conclusion: Your opinion about the
artist and his arts.
	

Assume Fisher Food Products is thinking about three different size offerings

Question
	
Solution problem 8 
Show all calculations in excel file 
Question: Assume Fisher Food Products is thinking about three different size offerings for the issuance of additional shares. 

Size of Order Public Price Net to Corporation
a. $ 1.6 million………. $40 $36.70 
b. $ 6.0 million……… $40 $37.28 
c. $25.0 million…….. $40 $38.12 

What is the percentage underwriting spread for each size offer? What principle does this demonstrate? 
Solution Problem 14 
Show all calculations in excel file 

Question: Winston Sporting Goods is considering a public offering of common stock. Its investment banker has informed the company that the retail price will be $18per share for 600,000 shares. The company will receive $16.50 per share and will incur $150,000 in regristration 

a. What is the spread on this issue in percentage terms? What are the total expenses of the issue as a percentage of total value (at retail)? b. If the firm wanted to net $18 million from this issue, how many shares must be sold? 

Solution problem 22 Show all calculations in excel file 
Question: The management of Mitchell Labs decided to go private in 2002 by buying in all 3 million of its outstanding shares at $19.50 per share. By 2006, management had restructured the company by selling of the petroleum research division for #13
Because these divisions had been only marginally profitable, Mitchell Labs is a stronger company after the restructuring. Mitchell is now able to concentrate exclusively on contract research and will generate earnings nper 
a. What was the initial cost of Mitchell Labs to go private? 
b. What is the total value of the company from (1) the proceeds of the divisions that were sold, as well as (2) the current value of the 3 million shares(based on current earningsand a 
c. What is the percentage return to the management of Mitchell Labs from the restructuring? Use answers from parts a and b to determine this value.