GBA 335 Case Brief 2 Guidelines and Rubric How and Why to Brief a Law Case Prof. Joseph Little, Jr., Saint Leo University Purpose The purpose of reading in the practice of law is different from the purpose of reading in many other disciplines. In law, you read not just to familiarize yourself with someone else’s ideas but to be able to use the information […]
Using the following website: https://www.nasen.org find a program for your state: The table from Unit 7 highlighted in table form the key points from the research literature and should be using in thinking about the issues, both ethically and methodologically, concerning developing a NEP/SEP program evaluation. Drawing on the previous Program Evaluation assignments (1-4), and using where you live as the hypothetical case, submit a […]
Overview In this case study assignment, you will select a company or organization of your choice that has been dealing with risk and uncertainty within the last six months. Then you will determine solutions to organizational problems that take into account principles of risk management to improve operations and profitability. Instructions Write a 6–8 page paper in which you: Evaluate a selected company’s or organization’s […]
Week 1 Instructions Upon completing your readings for this week, reflect upon the variety of communities to which you belong. As you perform your daily activities, keep notes on all the places you visit and how they are located in your surroundings and involve your daily activities. Consider your virtual communities as well (Facebook friends, Twitter feeds, Group membership in listserves, etc.). Think how such […]
In this discussion, you will look at the organizational structure of the not-for-profit organization that you have chosen for the course project. You will have an opportunity to consider whether its organizational structure would be appropriate for other organizations, and why or why not. In this discussion, address the following: Provide the name of the not-for-profit organization that you have chosen for your course project. […]
LEGISLATION GRID AND TESTIMONY/ADVOCACY STATEMENT As a nurse, how often have you thought to yourself, If I had anything to do about it, things would work a little differently? Increasingly, nurses are beginning to realize that they do, in fact, have a role and a voice. Many nurses encounter daily experiences that motivate them to take on an advocacy role in hopes of impacting policies, laws, […]
Overview In previous activity (attached), I summarized health information technology (HIT) areas of concern from the Villa Health Informatics Infrastructure scenario. This assignment, I need to select and examine a HIT device or system designed to both improve the quality of patient care and confer cost efficiencies or savings within a clinical setting. Preparation Choose and research a widely adopted HIT device or system […]
Q3. The city council of E. Staatsboro approved the following budget for the General Fund for fiscal year 2013: Estimated Revenues Property taxes.. $335,000 License fees… 40,000 Fines and penalties .15,000 Total revenues .$390,000 Appropriations Salaries. $350,000 Supplies and utilities. 30,000 Debt service. 3,000 Total appropriations.. 383,000 Budgeted Increase in Fund Balance $ 7,000 The post-closing trial balance for the fund, as of December 31, […]
Learning and Ethics Policy Your entire support team is impressed with how you laid out the new company’s value control and dynamic analysis. At this point, the stakeholders would like to know if your new company values the importance of creating a learning organization and if your new company will create an ethical workplace. Create your new company’s learning and ethics policy document, and answer […]
Exercise Ch1-6: Level 3- CKG Sales. Level 3 – Analyzing Regional Sales Information for CKG Auto As a regional sales manager for CKG Auto, you have just finished summarizing sales data for the first half of this year (January through June), aggregated by car model. You have started to enter data in an Excel worksheet, which lists by model the following information: • Sales Volume, […]
ASSIGNMENT 03
BU340 Managerial Finance I
Directions: Be sure to make an electronic copy of your answer before submitting it to Ashworth College for grading. Unless otherwise stated, answer in complete sentences, and be sure to use correct English spelling and grammar. Sources must be cited in APA format. Your response should be a minimum of one (1) single-spaced page to a maximum of two (2) pages in length; refer to the "Assignment Format" page for specific format requirements.
NOTE: Show all of your work in your response.
Complete the following Problems located at the end of Chapter 4 in your textbook. NOTE: The problems have been scanned into this document for your convenience.
1. Cyber Security Systems has sales of 3,000 units at $50 per unit last year. The marketing manager projects a 20 percent increase in unit volume sales this year with a 10 percent proce increase. Returned merchandise will represent 6 percent of total sales. What is your net dollar sales projection for this year?
2. Delsing Plumbing Company has beginning inventory of 14,000 units, will sell 50,000 units for the month, and desires to reduce ending inventory to 40 percwnt of beginning inventory. How many units should Delsing produce?
3. At the end of January, Higgins Data Systems had an inventory of 600 units, which cost $16 per unit to produce. During February the company produced 850 units at a cost of $19 per unit. It the firm sold 1,100 units in February, what was its cost of goods sold (assume LIFO inventory accounting)?
4. Victoria’s Apparel has forecast credit sales for the fourth quarter of the year as:
¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬
September (actual)……..$50,000
Fourth Quarter
October…………………$40,000
November……..………..$35,000
December……………….$60,000
Experience has shown that 20 percent of sales receipts are collected in the month of sales, 70 percent in the following month, and 10 percent are never collected.
Prepare a schedule of cash receipts for Victoria’s Apparel covering the fourth quarter (October through December)
5. The Manning Company has financial statements as shown below which are representative of the company’s historical average.
The firm is expecting a 20 percent increase in sales next year, and management is concerned about the company’s need for external funds. The increase in sales is expected to be carried out without any expansion of fixed assets, but rather through more efficient asset utilization in the existing store. Among Liabilities, only current liabilities vary directly with sales.
Using the percent-of-sales method, determine whether the company has external financing needs, or a surplus of funds. (Hint: A profit margin and payout ratio must be found from the income statement)
Income Statement
Sales……………………………...$200,000
Expenses………………………….158,000
Earnings before interest and taxes…$42,000
Interest………………………………7,000
Earnings before taxes……………....$35,000
Taxes………………………………..15,000
Earnings after taxes………………....$20,000
Dividends…………………………….6,000
Balance Sheet
Assets
Cash…………………$5,000
Accouts receivable.….40,000
Inventory…………....75,000
Current assets….$120,000
Fixed Assets………....80,000
Total assets………..$200,000
Liabilities and Stockholders’ Equity
Accounts payable……..$25,000
Accrued wages…………..1,000
Accrued taxes……………2,000
Current liabilities…...$28,000
Notes papyable…………...7,000
Long-term debt………….15,000
Common stock…………120,000
Retained earnings………..30,000
Total Liabilities and stockholders’ equity….$200,000
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