Capital Budgeting Conch Republic Electronics is a midsized electronics manufacturer

Capital BudgetingConch Republic Electronics is a midsized electronics manufacturer located in Key West, Florida. The company president is Shelley Couts, who inherited the company. When it was founded over 70 years ago, the company originally repaired radios and other household appliances. Over the years, the company expanded into manufacturing and is now a reputable manufacturer of various electronic items. Jay McCanless, a recent MBA graduate, has been hired by the company’s finance department.One of the major revenue-producing items manufactured by Conch Republic is a smart phone. Conch Republic currently has one smart phone model on the market, and sales have been excellent. The smart phone is a unique item in that it comes in a variety of tropical colors and is preprogrammed to play Jimmy Buffett music. However, as with any electronic item, technology changes rapidly, and the current smart phone has limited features in comparison with newer models. Conch Republic spent $750,000 to develop a prototype for a new smart phone that has all the features of the existing smart phone but adds new features such as WiFi tethering. The company has spent a further $200,000 for a marketing study to determine the expected sales figures for the new smart phone.Conch Republic can manufacture the new smart phones for $185 each in variable costs. Fixed costs for the operation are estimated to run $5.3 million per year. The estimated sales volume is 74,000, 95,000, 125,000, 105,000, and 80,000 per year for the next five years, respectively. The unit price of the new smart phone will be $480. The necessary equipment can be purchased for $38.5 million and will be depreciated on a seven-year MCARS schedule. It is believed the value of the equipment in five years will be $5.4 million.As previously stated, Conch Republic currently manufactures a smart phone. Production of the existing model is expected to be terminated in two years. If Conch Republic does not introduce the new smart phone, sales will be 80,000 units and 60,000 units for the next two years, respectively. The price of the existing smart phone is $310 per unit, with variable costs of $125 each and fixed cost of $1,800,000 per year. If Conch Republic does introduce the new smart phone, sales of the existing smart phone will fall by 15,000 units per year and the price of the existing units will have to be lowered to $275 each. Net working capital for the smart phones will be 20 percent of sales and will occur with the timing of the cash flows for the year; for example, there is no initial outlay for NWC but changes in NWC will first occur in Year 1 with the first year’s sales. Conch Republic has a 35 percent corporate tax rate and a 12 percent required return.Shelley has asked Jay to prepare a report that answers the following questions:• In order to proceed with this project, what are issues to be considered and metrics to be generated? (use no more than 250 words)• Using the data presented in the case, specifically show how a decision maker analyzes the information so that an appropriate decision can be made concerning the project? (organize analysis in 1 page)• Having made the calculation, please reflect on limitations and issues that need further thought and analysis. (no more than 150 words)• What is the overall recommendation? (no more than 100 words)

 

Looking for a Similar Assignment? Let us take care of your classwork while you enjoy your free time! All papers are written from scratch and are 100% Original. Try us today! Use Code FREE15

umuc bio 301 patient scenario

Use knowledge of biological principles and the Scientific Method to ask and answer relevant questions about human health and disease Analyze information to distinguish between diseased and healthy structure and functioning. Analyze how internal and external factors cause disruption of healthy body function, leading to disease and disorders.Mr. Smith is 60 years old. He was diagnosed with a prostate cancer five years ago. Over the past few days, Mr. Smith has been feeling weak and increasingly tired and has also been suffering from a headache that did not respond to over-the-counter medications. He scheduled an appointment with his physician.His physician performed a physical examination and recommended a battery of laboratory tests and imaging procedures.The table below shows Reference values in the right-hand column. These values reflect the normal range of values for patients without disease or illness. The center column reflects the resulting values for medical test results obtained for Mr. Smith. Take note whether Mr. Smith’s values are within normal limits. Mr. Smith Reference ValuesK+ 2.6 mmol/L 3.8-4.9mmol/LHb (Hemoglobin) 7.5 g/dL 13.8 to 18.2 g/dLHct (Hematocrit) 20.4% 45-52%Platelet Count 49×109/L 150-400×109/LAfter receiving Mr. Smith’s test results, his physician admits him to the hospital. Hospital staff treated him and discharged him.The following week, Mr. Smith returns to his physician with the same complaint of weakness and a new complaint of shortness of breath. His blood pressure is 160/100 mmHg. MRI reveals metastasis of prostate cancer to osseous tissue. Abdominal CT shows obstruction of intestine due to nodular enlargement of adrenal glands.Laboratory results from Mr. Smith’s second hospital admission and medical tests show following findings: Mr. Smith Reference ValuesK+ 2.6 mmol/L 3.8-4.9mmol/LHb 7.3 g/dl 13.8 to 18.2 g/dLHct 20.4% 45-52%Platelet Count 20×109/L 150-400×109/LHCO3 38 mmol/l 22-26 mmol/LUrinary K+ 70 mmol/L/24 hr 25-120 mmol/L/24 hrBlood Glucose 460 mg/dl 64.8-104.4 mg/dLSerum Aldosterone 1 ng/dl 24 hour Urinary Aldosterone 8.4 mcg/24 hr 2.3-21.0 mcg/24 hrRenin 2.1 ng/ml/hr 0.65-5.0 ng/ml/hrACTH (Adrenocorticotropic Hormone) 1082 pg/ml 9-46 pg/mlCortisol 155.5 microg/dL 0-25 microg/dLCONCLUSION AND DIAGNOSISLaboratory findings, MRI and CT confirmed metastatic prostate adenocarcinoma, hypertension and refractory hypokalemia due to ectopic ACTH production. High levels of circulating cortisol caused continuous activation of mineralocorticoid receptors resulting in hypokalemia, metabolic alkalosis and hypertension.After reading provided scenario, answer the following questions:1. What are the components of physical examination? Describe each component. (See Module 1, Commentary, Topic 8. Disease Categories, Part B. Steps in Diagnosis)2. Mr. Smith’s blood pressure was 160/100 mmHg. How does a medical provider take or measure blood pressure? What do the top (numerator) and bottom (denominator) numbers mean in the biological sense? What is the significance the size of these two numbers? Is Mr. Smith’s blood pressure within normal range? Explain how you concluded whether Mr. Smith’s blood pressure is/is not within normal range.3. Based on the data provided, what laboratory tests were performed and what samples were taken from the patient? Select one of the laboratory tests ordered for Mr. Smith and discuss why Mr. Smith’s physician might have ordered the test and the information she might have expected to obtain from that particular test.4. Compare Mr. Smith’s values with reference values and indicate whether MR. Smith’s values are below, above, or within normal range (compare Mr. Smith’s values with the Reference values) for each laboratory tests in the table above from the second set of tests.5. What imaging procedures did Mr. Smith undergo? Discuss the distinctions and similarities between the two different imaging approaches. What were the results of imaging procedures in Mr. Smith’s case?6. Select one of the medical terms from the CONCLUSION and DIAGNOSIS section above and define what it means. Also, discuss, in your own words and based on what you can gather about Mr. Smith’s condition, how the laboratory or imaging tests helped with drawing a conclusion or making the diagnosis. In your own words, discuss how medical providers use the scientific method to come to work through the examination and diagnosis of a patient.You should write a short paper addressing all six questions and submit it into the assignment folder. Your grade will depend upon the content, clarity and originality of responses written in your own words. Good writing practices, including the use of correct grammar, sentence and paragraph structure, and punctuation, and presence of logical reasoning, will account for a portion of your grade.Cite all sources in APA format within your answer text as well as full citations in APA format at the end of the assignment.

 

Looking for a Similar Assignment? Let us take care of your classwork while you enjoy your free time! All papers are written from scratch and are 100% Original. Try us today! Use Code FREE15

Cash Budget The controller of Mercury Shoes Inc. instructs you to prepare a monthly cash budget… 1 answer below »

Cash Budget

The controller of Mercury Shoes Inc. instructs you to prepare a monthly cash budget for the next three months. You are presented with the following budget information:JuneJulyAugustSales$160,000$185,000$200,000Manufacturing costs66,00082,000105,000Selling and administrative expenses40,00046,00051,000Capital expenditures__120,000

The company expects to sell about 10% of its merchandise for cash. Of sales on account, 60% are expected to be collected in the month following the sale and the remainder the following month (second month after sale). Depreciation, insurance, and property tax expense represent $12,000 of the estimated monthly manufacturing costs. The annual insurance premium is paid in February, and the annual property taxes are paid in November. Of the remainder of the manufacturing costs, 80% are expected to be paid in the month in which they are incurred and the balance in the following month.

Current assets as of June 1 include cash of $42,000, marketable securities of $25,000, and accounts receivable of $198,000 ($150,000 from May sales and $48,000 from April sales). Sales on account in April and May were $120,000 and $150,000, respectively. Current liabilities as of June 1 include $13,000 of accounts payable incurred in May for manufacturing costs. All selling and administrative expenses are paid in cash in the period they are incurred. An estimated income tax payment of $24,000 will be made in July. Mercury Shoes' regular quarterly dividend of $15,000 is expected to be declared in July and paid in August. Management wants to maintain a minimum cash balance of $40,000.

Required:

1. Prepare a monthly cash budget and supporting schedules for June, July, and August. Enter all amounts as positive numbers except for Cash (decrease) and (deficiency). Use the minus sign to indicate an overall cash decrease and deficiency.

 

Looking for a Similar Assignment? Let us take care of your classwork while you enjoy your free time! All papers are written from scratch and are 100% Original. Try us today! Use Code FREE15

Valuation of a firm’s financial assets is said to

Valuation of a firm’s financial assets is said to be based on what is expected in the future, in terms of the future performance of the firm, the industry, and the economy. What types of value would you consider when assigning “value” to a firm’s stock or bond? What is the significance of each of the different types of value in the valuation process? Use examples to support your response.

 

Looking for a Similar Assignment? Let us take care of your classwork while you enjoy your free time! All papers are written from scratch and are 100% Original. Try us today! Use Code FREE15

You are considering investing in a 150 unit apartment but you have the opportunity

You are considering investing in a 150 unit apartment but you have the opportunity to convert it to a condominium. The following are the financialconsiderations: Apartment Number of Units 150 Average Monthly Rent $1,650 Vacancy & Credit Loss 8.00% Monthly Expenses $600 Income Growth 3.00% Expense Growth 2.00% Cap Rate 8.50% Condo Conversion Average Sales Price Per Unit $250,000 Renovation/Conversation Cost $50,000 Annual Holding Cost Per Unit of Remaining Units $5,000 Sales Commission/Closing Cost Per Unit 8.00% Annual Absorption 50 Renovation Cost Increase 5.00% Annual Price Increase 10.00% Preliminary Engineering/Design/Legal, etc $250,000 Discount Rate 20.0% Which should you choose to do? Why?

 

Looking for a Similar Assignment? Let us take care of your classwork while you enjoy your free time! All papers are written from scratch and are 100% Original. Try us today! Use Code FREE15

Santa Ana Services was formed on May 1, 2014. The following transactions took place during the…

Santa Ana Services was formed on May 1, 2014. The following transactions took place during the first month.

Transactions on May 1:

1. Don Humes invested $40,000 cash in the company, as its sole owner.

2. Hired two employees to work in the warehouse. They will each be paid a salary of $3,050 per month.

3. Signed a 2-year rental agreement on a warehouse; paid $24,000 cash in advance for the first year.

4. Purchased furniture and equipment costing $30,000. A cash payment of $10,000 was made immediately; the remainder will be paid in 6 months.

5. Paid $1,800 cash for a one-year insurance policy on the furniture and equipment.

Transactions during the remainder of the month:

6. Purchased basic office supplies for $500 cash.

7. Purchased more office supplies for $1,500 on account.

8. Total revenues earned were $20,000—$8,000 cash and $12,000 on account.

9. Paid $400 to suppliers for accounts payable due.

10. Received $3,000 from customers in payment of accounts receivable.

11. Received utility bills in the amount of $350, to be paid next month.

12. Paid the monthly salaries of the two employees, totalling $6,100.

Instructions

 

Looking for a Similar Assignment? Let us take care of your classwork while you enjoy your free time! All papers are written from scratch and are 100% Original. Try us today! Use Code FREE15

Here are selected data for Sally DayCorporation

Here are selected data for Sally DayCorporation:Beginning raw materials inventory$37,000Beginning work in process inventory 61,500Beginning finished goods inventory 56,300Cost of materials purchased151,000Cost of direct materials requisitioned 91,300Direct labor incurred 125,000Actual manufacturing overhead160,000Cost of goods manufactured287,000Cost of goods sold265,000Manufacturing overhead rate (% of directlabor)125%What is the ending work in process inventorybalance?A.$151,500B.$207,450C.$211,200D.$147,050

 

Looking for a Similar Assignment? Let us take care of your classwork while you enjoy your free time! All papers are written from scratch and are 100% Original. Try us today! Use Code FREE15

With Amazon being the focus

With Amazon being the focusprepare an Organizational Culture and Development Plan according to the following:Describe the basic nature of the organizational culture based on the external adaptation and internal integration functions of the company.Explain how cultural roles; rules, shared values, meanings, organizational myths; and national culture influence the organization’s culture.Discuss the assumptions, values, and principles of organizational development (OD) at the firm to build workforce diversity.Describe what system do you recommend for organization-wide, group and inter-group, and individual OD interventions.In answering these questions, demonstrate a clear relationship to the internal and external environmental factors of the organization and justify the recommendations with applicable management practices and theories of “organizational culture and development” as discussed.Format: APA academic paper style, using bullets, subtitles, and references.

 

Looking for a Similar Assignment? Let us take care of your classwork while you enjoy your free time! All papers are written from scratch and are 100% Original. Try us today! Use Code FREE15

What are some of the key factors to consider when recruiting

What are some of the key factors to consider when recruiting in a global workplace (please do not merely list your answers)? More specifically, explain why you would have selected those key factors. Chapter 5 identifies two types of contingencies to consider when recruiting. Explain each of those contingencies (in your own words) and consider at least two guidelines you would consider when recruiting in a global workforce.

 

Looking for a Similar Assignment? Let us take care of your classwork while you enjoy your free time! All papers are written from scratch and are 100% Original. Try us today! Use Code FREE15

What is internal control? Why is internal control important in organization?2. What…

A. QUESTIONS1. What is internal control? Why is internal control important in organization?2. What are the four basic purposes of internal control? Give an example of each one?B. EXERCISE1. The California State University (CSU) system is the largest four-year higher educationsystem in the United States. In 2004, all twenty-three CSU campuses adopted PeopleSoft,an enterprise resource planning system, for managing finances, personnel records andother important functions. The project was referred to as the Common ManagementSystem (CMS). Considering Brown’s taxonomy of risk, identify five risks the CSU and itsmanagement took by making the PeopleSoft decision.2. The following is a question in which one is expected to evaluate internal controls.The Art Appreciation Society operates a museum for the benefit and enjoyment of the community.During hours when the museum is open to the public, two clerks who are positioned at theentrance collect a $5 admission fee from each nonmember patron. Members of the ArtAppreciation Society are permitted to enter free of charge upon presentation of their membershipcards.At the end of each day one of the clerks delivers the proceeds to the treasurer. The treasurercounts the cash in the presence of the clerk and places it in a safe. Each Friday afternoon thetreasurer and one of the clerks deliver all cash held in the safe to the bank, and receive anauthenticated deposit slip which provides the basis for the weekly entry in the cash receipts journal.The Board of Directors of the Art Appreciation Society has identified a need to improve their systemof internal control over cash admission fees.The Board had determined that the cost of installing turnstiles, sales booths, or otherwise alteringthe physical layout of the museum will greatly exceed any benefits that may be derived. However,the Board has agreed that the sale of admission tickets must be an integral part of its improvementefforts.Smith has been asked by the Board of Directors of the Art Appreciation Society to review theinternal control over cash admission fees and provide suggestions for improvement.RequiredIndicate weaknesses in the existing system of internal control over cash admission fees, which Smithshould identify, and recommend one improvement for each of the weaknesses identified.

 

Looking for a Similar Assignment? Let us take care of your classwork while you enjoy your free time! All papers are written from scratch and are 100% Original. Try us today! Use Code FREE15