What is the maximum cash dividend per share that the firm could pay on common stock before and after the stock split?

inance Assignment

P13–5 Breakeven analysis Paul Scott has a 2008 Cadillac that he wants to update with a GPS system so that he will have access to up-to-date road maps and directions. Aftermarket equipment can be fitted for a flat fee of $500, and the service provider requires monthly charges of $20. In his line of work as a traveling salesperson, he estimates that this device can save him time and money, about $35 per month (as the price of gas keeps increasing). He plans to keep the car for another 3 years.

Calculate the breakeven point for the device in months.
Based on a, should Paul have the GPS system installed in his car?

P13–22 EBIT–EPS and capital structure Data-Check is considering two capital structures. The key information is shown in the following table. Assume a 40% tax rate.

Source of capital Structure A Structure B

Long-term debt $100,000 at 16% coupon rate $200,000 at 17% coupon rate

Common stock 4,000 shares 2,000 shares

Calculate two EBIT–EPS coordinates for each of the structures by selecting any

two EBIT values and finding their associated EPS values.

Plot the two capital structures on a set of EBIT–EPS axes.
Indicate over what EBIT range, if any, each structure is preferred.
Discuss the leverage and risk aspects of each structure.
If the firm is fairly certain that it’s EBIT will exceed $75,000, which structure

would you recommend? Why?

P14–3 Residual dividend policy As president of Young’s of California, a large clothing chain, you have just received a letter from a major stockholder. The stockholder asks about the company’s dividend policy. In fact, the stockholder has asked you to estimate the amount of the dividend that you are likely to pay next year. You have not yet collected all the information about the expected dividend payment, but you do know the following:

(1) The company follows a residual dividend policy.

(2) The total capital budget for next year is likely to be one of three amounts,

depending on the results of capital budgeting studies that are currently under

way. The capital expenditure amounts are $2 million, $3 million, and

$4 million.

(3) The forecasted level of potential retained earnings next year is $2 million.

(4) The target or optimal capital structure is a debt ratio of 40%.

You have decided to respond by sending the stockholder the best information available

to you.

Describe a residual dividend policy.
Compute the amount of the dividend (or the amount of new common stock needed) and the dividend payout ratio for each of the three capital expenditure amounts.
Compare, contrast, and discuss the amount of dividends (calculated in part b) associated with each of the three capital expenditure amounts.

P14–15 Stock split versus stock dividend: Firm Mammoth Corporation is considering a 3-for-2 stock split. It currently has the stockholders’ equity position shown. The current stock price is $120 per share. The most recent period’s earnings available for common stock are included in retained earnings.

Preferred stock $ 1,000,000

Common stock (100,000 shares at $3 par) 300,000

Paid-in capital in excess of par 1,700,000

Retained earnings 10,000,000

Total stockholders’ equity $13,000,000

What effects on Mammoth would result from the stock split?
What change in stock price would you expect to result from the stock split?
What is the maximum cash dividend per share that the firm could pay on common stock before and after the stock split? (Assume that legal capital includes all paid-in capital.)
Contrast your answers to parts a through c with the circumstances surrounding a

50% stock dividend.

Explain the differences between stock splits and stock dividends.

P15–4 Aggressive versus conservative seasonal funding strategy Dynabase Tool has forecast its total funds requirements for the coming year as shown in the following table.

Month Amount Month Amount

January $2,000,000 July $12,000,000

February 2,000,000 August 14,000,000

March 2,000,000 September 9,000,000

April 4,000,000 October 5,000,000

May 6,000,000 November 4,000,000

June 9,000,000 December 3,000,000

Divide the firm’s monthly funds requirement into (1) a permanent component and (2) a seasonal component, and find the monthly average for each of these components.
Describe the amount of long-term and short-term financing used to meet the total funds requirement under (1) an aggressive funding strategy and (2) a conservative funding strategy. Assume that, under the aggressive strategy, long-term funds finance permanent needs and short-term funds are used to finance seasonal needs.
Assuming that short-term funds cost 5% annually and that the cost of long-term funds is 10% annually, use the averages found in part a to calculate the total cost of each of the strategies described in part b. Assume that the firm can earn 3% on any excess cash balances.
Discuss the profitability–risk trade-offs associated with the aggressive strategy and those associated with the conservative strategy.

P15–5 EOQ analysis Tiger Corporation purchases 1,200,000 units per year of one component. The fixed cost per order is $25. The annual carrying cost of the item is 27% of its $2 cost.

Determine the EOQ if (1) the conditions stated above hold, (2) the order cost is zero rather than $25, and (3) the order cost is $25 but the carrying cost is $0.01.
What do your answers illustrate about the EOQ model? Explain.

P15–10 Relaxation of credit standards Lewis Enterprises is considering relaxing its credit standards to increase its currently sagging sales. As a result of the proposed relaxation, sales are expected to increase by 10% from 10,000 to 11,000 units during the coming year, the average collection period is expected to increase from 45 to 60 days, and bad debts are expected to increase from 1% to 3% of sales. The sale price per unit is $40, and the variable cost per unit is $31. The firm’s required return on

equal-risk investments is 25%. Evaluate the proposed relaxation, and make a recommendation to the firm. (Note: Assume a 365-day year.)

P16–18 Accounts receivable as collateral, cost of borrowing Maximum Bank has analyzed the accounts receivable of Scientific Software, Inc. The bank has chosen eight accounts totaling $134,000 that it will accept as collateral. The bank’s terms include a lending rate set at prime plus 3% and a 2% commission charge. The prime rate currently is 8.5%.

The bank will adjust the accounts by 10% for returns and allowances. It then will lend up to 85% of the adjusted acceptable collateral. What is the maximum amount that the bank will lend to Scientific Software?
What is Scientific Software’s effective annual rate of interest if it borrows

$100,000 for 12 months? For 6 months? For 3 months? (Note: Assume a

365-day year and a prime rate that remains at 8.5% during the life of the loan.)

P16–20 Inventory financing Raymond Manufacturing faces a liquidity crisis: It needs a loan of $100,000 for 1 month. Having no source of additional unsecured borrowing, the firm must find a secured short-term lender. The firm’s accounts receivable are quite low, but its inventory is considered liquid and reasonably good collateral. The book value of the inventory is $300,000, of which $120,000 is finished goods. (Note: Assume

a 365-day year.)

(1) City-Wide Bank will make a $100,000 trust receipt loan against the finished goods inventory. The annual interest rate on the loan is 12% on the outstanding loan balance plus a 0.25% administration fee levied against the $100,000 initial loan amount. Because it will be liquidated as inventory is sold, the average amount owed over the month is expected to be $75,000.

(2) Sun State Bank will lend $100,000 against a floating lien on the book value of inventory for the 1-month period at an annual interest rate of 13%.

(3) Citizens’ Bank and Trust will lend $100,000 against a warehouse receipt on the finished goods inventory and charge 15% annual interest on the outstanding loan balance. A 0.5% warehousing fee will be levied against the average amount borrowed. Because the loan will be liquidated as inventory is sold, the average loan balance is expected to be $60,000.

Calculate the dollar cost of each of the proposed plans for obtaining an initial loan amount of $100,000.
Which plan do you recommend? Why? c. If the firm had made a purchase of $100,000 for which it had been given terms of 2/10 net 30, would it increase the firm’s profitability to give up the discount and not borrow as recommended in part b? Why or why not?

Select the three factors of an organization’s culture that you feel are important to successfully implement a new strategy.

Support Strategies

Select a specific type of healthcare organization (hospital, clinic, nursing home, etc.), and provide one example of a value-added service applicable to the type of organization that you have selected. Recommend two value-added support strategies necessary to implement this service for the type of organization you selected.
Determine three reasons why you should evaluate the facilities and equipment aspects of a healthcare organization in order to implement value-added support strategies. Provide a rationale for your response.

Strategy and Culture” Please respond to the following:

Assess the importance of the link between a healthcare organization’s culture and its structure, relative to the successful implementation of its chosen strategy. Provide one example of such importance–or lack thereof–to support your position.
Select the three factors of an organization’s culture that you feel are important to successfully implement a new strategy. Provide a rationale for your response.

Developing an Action Plan” Please respond to the following:

Imagine that you are the Director of the Admitting Department of a hospital, and your strategy to increase patient satisfaction is to hire additional staff to register patients. Outline the action plan (who, what, and when) that you would use in order to effectively implement your strategy. (Consider a time where you or someone you know visited the admitting department of a hospital.)
From the scenario in part 1 of this discussion, determine two specific unit objectives that would help to ensure the success of your strategy. Provide a rationale for your response

Evaluating an Action Plan” Please respond to the following:

Determine three barriers that could disrupt an action plan geared towards implementing a new strategy. Propose solutions to these foreseen barriers.
Suggest three factors that are necessary to the successful implementation of an action plan strategy. Provide a rationale for your belief in the importance of the three factors that you have

Determine the specific segment of the market that your organization’s strategy or strategies will target.

Capstone Project: Implementing a Strategic Plan

Capstone Project: Implementing a Strategic Plan

Building on Assignments 1 and 2, continue to develop a strategic plan for the same organization (Note: Refer to the environmental analysis that you completed as part of Assignment 1 and the strategies identified in Assignment 2.)

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

Select one (1) specific analytical tool that you can use to determine whether or not the adaptive strategy or strategies selected for your organization will be the most effective in helping the organization achieve its goals. Propose the manner in which you would use this analytical tool, and support your proposal with an example of its proposed use.
Determine one (1) internal and one (1) external factor that you discovered during the environmental analysis that could be a barrier to the success of your proposed strategy or strategies. Recommend one (1) solution to each of the barriers in question.
Determine the specific segment of the market that your organization’s strategy or strategies will target.
Recommend whether pre-service, point-of-service, or after-service activities would be the most effective in approach in marketing your strategy or strategies to the organization’s target customers. Support your recommendation with examples of such effectiveness.
Propose the most effective manner in which the organization can support its strategic direction within its culture and structure.
Determine the most effective manner in which each of the following strategic resources can be instrumental in helping the organization to achieve its strategic goals: finance, human resources, facilities, and IT. Provide a specific example relevant to each resource to support your response.
Evaluate how well the strategic plan you have developed aligns with the organization’s mission and vision. Recommend three (3) specific strategies to track the effectiveness of your strategic plan.
Use at least three (3) quality academic resources in this assignment. Note: Wikipedia and other Websites to not qualify as academic resources.

What’s Constraining Your Innovation?”

Resource Management

Discussion 1: Resource Management

While working as a machinist at the Midvale Steel Company in the 1880s, Frederick Winslow Taylor observed the operation and began thinking about how to organize it for better efficiency. Soon after earning his engineering degree in 1883, he left Midvale to become a consultant to prominent companies about scientific management. Taylor’s ideas about efficient production were widely influential (Mee, 2013).

Like Taylor, today’s managers also have to find effective strategies for managing resources. As you review the articles “Bottleneck Management: Theory and Practice,” “What’s Constraining Your Innovation?” and “The Bottleneck Conundrum: Breaking Up Logjams Can Be Key for Process Plant Production,” consider how companies manage their constraints, along with their physical and human resources. Additionally, as you complete the Coins and Dice Game: Theory of Constraints media simulation, consider the performance of the entire system and the complexity of balancing constraints.

Think of a company with which you are familiar that faces one or more serious constraints in its operations. If you are not familiar with such a company or are not able to discuss its operations due to confidentiality requirements, identify a different example through research in the business press.

Post by Day 3 the following:

A brief description of the company you selected
A description of one or more constraints that might impact the company’s performance (Make sure you identify each constraint’s location within the organization.)
An explanation of why each constraint could be difficult to identify and difficult to correct (Justify your response.)

Create a plan for ongoing improvement and increased capability based on an evaluation of an organization’s systemic constraints.

Shared Practice: The Goal, Part 2

Shared Practice: The Goal, Part 2

Through the lens of the business novel The Goal , you have been following many characters, complex business issues, and various management methodologies proposed for correcting problems. In choosing to write a novel, the authors are able to explore abstract concepts in an informative and accessible format. In effect, they are comparing and contrasting strategies in a realistic setting, rather than presenting their argument in an article.

This week, the Shared Practice is a continuation from Week 5, in which you used critical thinking skills to analyze and evaluate the concepts and decisions concepts presented in The Goal . This Shared Practice will focus on Part 2 of the readings in The Goal.

To prepare for this Shared Practice, select one of the following options, based on the two course level outcomes below, which you will use to frame and analyze this week’s reading assignment in The Goal:

Create a plan for ongoing improvement and increased capability based on an evaluation of an organization’s systemic constraints.

Analyze a complex value creation system using management concepts.

Then, using Part 2 of your The Goal readings, research and select three short passages that contain one or two essential concepts pertaining to management that you found to be compelling. Analyze each using the Course Outcome you selected as a framework. Note: A theme this week you can focus on is to explain why the techniques that the team are implementing working, and how “breaking the rules” in this case makes sense from a systems performance perspective).

For this Shared Practice, write a 3- to 4-paragraph essay. Identify the Course Outcome you selected and the passages from Part 2 of The Goal. Explain why each passage you chose is relevant and important in effective business management. Justify your response, and include citations for each passage. As you move on to next week, reflect on this statement, “If I had only known this, back when…”

How does this information help you when negotiating with the dealer?

Scenario

A good friend, Maria, has just asked your advice now that you are taking business math. She has never owned a car before and doesn’t know if she should lease or buy one. She doesn’t really understand the financial or other advantages and disadvantages of owning versus leasing. She has visited a dealership and gotten some basic information on the car of her choice. Maria summarized the information from the dealer into a table and outlined some of her questions. She would like your help analyzing the information and deciding what to do.

1.Look under the Project icon and download the file name Car Worksheet. Save the worksheet to your computer with the filename your lastnamefirstinitial_worksheet_P3. For example, if Jenny Wu is doing this project she would save the worksheet as wuj_worksheet_P3. When you open the worksheet be sure to put a heading at the top with your name and the project title.

2.Complete the remaining entries under Solution Plan in the worksheet. Be sure to use complete sentences in items 1 through 5.

3.Scroll back up the worksheet and look at the questions under What we are looking for and include your answers under each question. Be sure to write in complete sentences.

4.Now its your turn. Pick a car that you like and that you may be able to afford. Complete the following. Use full sentences in all responses.

1.Call or visit a dealership and find out how much it would cost to lease and to purchase the car of your choice. Don’t forget to record the name of the person you speak to, their title, the date, and the dealership name. Be sure to specify what optional equipment you want. Be specific. Tell me the exact model you want.

2.Visit the two websites http://www.kbb.com/ and http://www.edmunds.com/ and get the car sticker price, dealer costs, and the average purchase price for the car you selected. How does the dealer cost compare to the sticker price? Be sure you include all the options you specified when you priced the car with the dealer. How does this information help you when negotiating with the dealer?

3.New cars depreciate, that is lose value, as soon as you drive them out of the showroom. Some cars hold their value better than others. Search on the web and find out about depreciation rates on new cars. See if you can find the rate for the car you are interested in. Use the websites listed above and look up the resale value of a three year old model of the car you are interested in. Compare it to some other cars. What does that tell you about the rate of depreciation on the car you are interested in?

4.After reviewing your answers to question 6 on the worksheet what would you do – buy or lease? Why?

5.You should be able to add the information to your worksheet file but if you created a new file to answer the questions be sure to name the file with with the filename your lastnamefirstinitial__car. For example, if Jenny Wu is doing this project she would save the file as wuj_P3. Remember the file must be a WORD or Rich Text file. Be sure you put a heading at the top with your name and the project title.

6.Include a Reference List giving all sources you consulted for this project. If you are not sure how to properly cite your references see http://www.bergen.edu/pages/2306.asp. (Note: The BCC English Department uses MLA format. You may use MLA, APA, or Chicago style but you must be consistent in your usage.)

7.Attach your file(s) to the drop box for Project 3 by the deadline, midnight May 3, by clicking on the Assignment icon in the Action Menu or under Course tools.

How might compensation allow Joseph to regain some of his lost movement?

PSYC-4002 -1 Brain and Behavior, 2pages APA FORMAT

The assignment (1–2 pages):

Read the following case study:
- Joseph is a 59-year-old construction worker who recently suffered a stroke. A small blood clot became lodged in one of the vessels serving the right side of his brain and restricted blood flow to a portion of his right precentral gyrus. Many neurons in that area were damaged or destroyed and, as a result, Joseph is partially paralyzed on the left side of his body. He is able to move his left leg and walk, and can also move his left arm, but his left hand and the left side of his face are paralyzed.
Answer the following questions about the case study:
- Why were Joseph’s left face and hand paralyzed, but not the rest of his arm or his leg?
- What is preventing Joseph from moving his left hand? In your answer, include the following:
  - First, describe normal function of a motor neuron that forms a synapse with a muscle cell. How is the signal that initiates movement transmitted from the neuron to the muscle? Describe this process in detail.
  - Next, keeping in mind that the motor neuron itself is not damaged, explain how damage or destruction of a neuron that communicates with the motor neuron prevents Joseph from moving his hand.
- With time, and perhaps some physical therapy, Joseph may recover some of the movement in his left hand and face. What factors might contribute to this recovery? In your answer, include the following:
  - Why can’t Joseph’s brain simply replace those neurons that were damaged and destroyed by the stroke?
  - How might compensation allow Joseph to regain some of his lost movement?
  - Describe at least one experimental treatment that might improve movement in Joseph’s case, and explain how this treatment would impact Joseph’s nervous system.

How will you engage Marie and Peter even though Dan is not ready to participate?

his is your second session with the Robertsons. Dan appears to be resistant to family counseling; he refuses to accept responsibility for his choices that have caused so many family problems. Dan states, “If I have a drug or alcohol problem, it’s because

Type: Individual Project

Unit: Family Intervention

Due Date: Mon, 11/30/15

Deliverable Length: 4–6 pages

This is your second session with the Robertsons. Dan appears to be resistant to family counseling; he refuses to accept responsibility for his choices that have caused so many family problems. Dan states, “If I have a drug or alcohol problem, it’s because of them. She won’t clean the house and he’s failing school. I don’t have the problem. They do.” Dan leaves the session. Marie states, “He expects the house to be clean, but most days I don’t even feel like getting out of bed. I just want to sleep.” Peter states, “He’s always nagging me about the Fs on my report card, but no one helps me with my homework so I don’t even try anymore.”

In your report of the session, you will describe the following:

How will you engage Marie and Peter even though Dan is not ready to participate?
Explain the nonconstructive behaviors of Dan, Marie, and Peter that contribute to the family’s dysfunction.
Identify the appropriate interventions for family recovery.

Analyze all parts and sections of the uniform contract format that could present a problem in this scenario.

annonymous paper

Assignment 4: Win the Contract

Imagine your small business produces very small remote control aircraft capable of long sustained flights. You are ready to expand your business by competing for Department of Defense (DoD) contracts. You wish to bid on a contract that will be worth over $600,000 to your expanding company.

Write a two to three (2-3) page paper in which you:

Select the simplified acquisition method that fits your company the most, and then provide a rationale for your selection. Note: Remember you are a small business that will have a massive expansion if you win this contract.
Analyze all parts and sections of the uniform contract format that could present a problem in this scenario. Suggest how you will adjust your approach to turn the problems you have identified into strengths for your small company.
Use at least three (3) quality resources in this assignment. Note: Wikipedia and similar Websites do not qualify as quality resources.

The specific course learning outcomes associated with this assignment are:

Assess the simplified acquisition methods.
Differentiate between the parts and sections of the Uniform Contract Format.
Use technology and information resources to research issues in contract administration and management.
Write clearly and concisely about contract administration and management using proper writing

What are the factors you may face expanding into a foreign market?

Unit I Essay (For hifsa shaukat Only) International Business

Using at least your textbook and a minimum of two additional sources, answer the following questions. Your paper should be at least two pages in length, excluding title and reference pages. Follow APA style guidelines.

You are the CEO of XYZ manufacturing company. You have decided that you would like to market your product to Turkey. Consider the following points in your paper; you can make assumptions, but support your work with facts and scholarly references:

o Discuss the reasons why your company would want to expand overseas.

o Discuss what your mode of international business would be and how moving abroad will expand sales.

o How will you minimize risks and acquire resources?

o What are the factors you may face expanding into a foreign market? How might you mitigate those barriers?

Note: Please include a title page, Times New Roman 12 fonts, running heading head, in-text citation, all references to inlcude the book

book reference: Daniels, J. D., Radebaugh, L. H., & Sullivan, D. P. (2015). International business: Environments and operations (15th ed.). Upper Saddle River, NJ: Pearson Education.

Also there are no reading required from this book for this essay but however I will send you a few pages because i need to have some in-text citation from this book as well as other references.