Extra Credit Assignment, Econ 140 (3)Choose any topic discussed.docxnealwaters20034
Extra Credit Assignment, Econ 140 (3%)
Choose any topic discussed in the managerial economics class and write a 3 – 5 page essay with the following specifications.
1. Typed – Double spaced
2. Font Size - 12
3. Margins – 1 inch (top, bottom, right and left)
The paper should consist of the following:
(a) A discussion on your selected topic covering the main points.
(b) At least one news article related to the chosen topic, showing the application of the concept in the real world. You can easily find such news articles on google.
(c) Write in your own words what you’ve understood from the article(s) and how this relates to what you have learned in the Econ 140 class.
(d) Download (or scan) the articles and upload them along with your paper. The articles will not be included in the page count.
Other Requirements:
· Title of the paper and Your Name (Top corner of the first page)
· References (These should be on the last page of the assignment)
You can earn a maximum of 3% on this assignment. The grading TA’s decision regarding your assignment grade will be final; the assignment is not subject to grade-disputes. The assignments will be randomly distributed among the TAs for grading purpose.
(Keep in mind that late submissions or submissions via email will not be graded.)
1
Front Page
2
Memo
TO:
FROM:
DATE:
SUBJECT:
<text follows>
3
Table of contents
Appendix 1: Pro Forma FCF Page 4
Appendix 2 : Weighted Average Cost of Capital Page 5
Appendix 3 : Balance Sheets Page 6
Appendix 4 : Income Statements Page 8
Appendix 5 : Statements of Cash Flows Page 10
Appendix 6 : 10K Data Collection Page 11
Appendix 7: Market Return and Beta Page 12
4
Pro Format FCF
Value Drivers
Sales Growth 4.07%
Directly related to sales
Operating Expens es (excluding depreciation) 89.86%
Operating Current Assets 17.16%
Operating Current Liabilities 14.31%
Capital Expenditures 4.22%
Not directly related to sales
Depreciation Rate 6.09%
Interest Rate on Debt 5.53%
Interest Rate on ST Inves tments 1.73% <-- 1-year treasury yield (https://www.federalreserve.gov/releases/h15/)
Tax Rate 36.34%
Long term growth rate 0.00%
Unlevered Free Cash Flows Jan-20 Jan-21 Jan-22 Jan-23 Jan-24 Jan-25 Jan-26 Jan-27 Jan-28 Jan-29
Sales $17,255,546 $17,958,617 $18,690,334 $19,451,865 $20,244,425 $21,069,276 $21,927,736 $22,821,174 $23,751,014 $24,718,741
Operating Expenses $15,506,519 $16,138,326 $16,795,877 $17,480,219 $18,192,444 $18,933,688 $19,705,135 $20,508,013 $21,343,605 $22,213,242
Depreciation $620,940 $665,274 $711,414 $759,435 $809,412 $861,425 $915,557 $971,895 $1,030,529 $1,091,552
Earnings Before Interest And Taxes $1,128,087 $1,155,017 $1,183,043 $1,212,212 $1,242,569 $1,274,163 $1,307,044 $1,341,265 $1,376,881 $1,413,947
Taxes $409,958 $419,745 $429,930 $440,530 $451,562 $463,044 $474,993 $487,429 $500,372 $513,842
Net Income $718,129 $735,272 $753,114 $771,682 $791,.
Financial Modelling Videos (Fimovi) enables its customers to develop flexible and robust financial plans and cashflow models based on Microsoft Excel. Fimovi provides a broad range of financial modelling related services for clients across many industry sectors. http://www.excel-financial-model.com/
The Fiancial model of Nestle India Ltd Include:
- Income Statement, Balance sheet, Cash Flow Statement
- Ratio Analysis
- Scenerio Analysis
- WACC calculation
- Discounted Cash Flow Model
- Financial Dashboard etc,
**Disclaimer: This financial model only for education purpose not for any investment/trade recommendation.
please due your own due diligence before investment/trade in financial market.
Extra Credit Assignment, Econ 140 (3)Choose any topic discussed.docxnealwaters20034
Extra Credit Assignment, Econ 140 (3%)
Choose any topic discussed in the managerial economics class and write a 3 – 5 page essay with the following specifications.
1. Typed – Double spaced
2. Font Size - 12
3. Margins – 1 inch (top, bottom, right and left)
The paper should consist of the following:
(a) A discussion on your selected topic covering the main points.
(b) At least one news article related to the chosen topic, showing the application of the concept in the real world. You can easily find such news articles on google.
(c) Write in your own words what you’ve understood from the article(s) and how this relates to what you have learned in the Econ 140 class.
(d) Download (or scan) the articles and upload them along with your paper. The articles will not be included in the page count.
Other Requirements:
· Title of the paper and Your Name (Top corner of the first page)
· References (These should be on the last page of the assignment)
You can earn a maximum of 3% on this assignment. The grading TA’s decision regarding your assignment grade will be final; the assignment is not subject to grade-disputes. The assignments will be randomly distributed among the TAs for grading purpose.
(Keep in mind that late submissions or submissions via email will not be graded.)
1
Front Page
2
Memo
TO:
FROM:
DATE:
SUBJECT:
<text follows>
3
Table of contents
Appendix 1: Pro Forma FCF Page 4
Appendix 2 : Weighted Average Cost of Capital Page 5
Appendix 3 : Balance Sheets Page 6
Appendix 4 : Income Statements Page 8
Appendix 5 : Statements of Cash Flows Page 10
Appendix 6 : 10K Data Collection Page 11
Appendix 7: Market Return and Beta Page 12
4
Pro Format FCF
Value Drivers
Sales Growth 4.07%
Directly related to sales
Operating Expens es (excluding depreciation) 89.86%
Operating Current Assets 17.16%
Operating Current Liabilities 14.31%
Capital Expenditures 4.22%
Not directly related to sales
Depreciation Rate 6.09%
Interest Rate on Debt 5.53%
Interest Rate on ST Inves tments 1.73% <-- 1-year treasury yield (https://www.federalreserve.gov/releases/h15/)
Tax Rate 36.34%
Long term growth rate 0.00%
Unlevered Free Cash Flows Jan-20 Jan-21 Jan-22 Jan-23 Jan-24 Jan-25 Jan-26 Jan-27 Jan-28 Jan-29
Sales $17,255,546 $17,958,617 $18,690,334 $19,451,865 $20,244,425 $21,069,276 $21,927,736 $22,821,174 $23,751,014 $24,718,741
Operating Expenses $15,506,519 $16,138,326 $16,795,877 $17,480,219 $18,192,444 $18,933,688 $19,705,135 $20,508,013 $21,343,605 $22,213,242
Depreciation $620,940 $665,274 $711,414 $759,435 $809,412 $861,425 $915,557 $971,895 $1,030,529 $1,091,552
Earnings Before Interest And Taxes $1,128,087 $1,155,017 $1,183,043 $1,212,212 $1,242,569 $1,274,163 $1,307,044 $1,341,265 $1,376,881 $1,413,947
Taxes $409,958 $419,745 $429,930 $440,530 $451,562 $463,044 $474,993 $487,429 $500,372 $513,842
Net Income $718,129 $735,272 $753,114 $771,682 $791,.
Financial Modelling Videos (Fimovi) enables its customers to develop flexible and robust financial plans and cashflow models based on Microsoft Excel. Fimovi provides a broad range of financial modelling related services for clients across many industry sectors. http://www.excel-financial-model.com/
The Fiancial model of Nestle India Ltd Include:
- Income Statement, Balance sheet, Cash Flow Statement
- Ratio Analysis
- Scenerio Analysis
- WACC calculation
- Discounted Cash Flow Model
- Financial Dashboard etc,
**Disclaimer: This financial model only for education purpose not for any investment/trade recommendation.
please due your own due diligence before investment/trade in financial market.
Twitter Q1 2014 Selected Company Metrics and Financials - First Ever TWTR Pub...lonelybrand
Accompanying financial information presented to investors of Twitter (TWTR) during it's Q1 2014 earnings release. This is the first selected metrics and financials document ever released by Twitter as part of a quarterly earnings call post-IPO.
Investment In Business Assets PowerPoint Presentation SlidesSlideTeam
Presenting this set of slides with name - Investment In Business Assets Powerpoint Presentation Slides. This deck consists of total of thirtynine slides. It has PPT slides highlighting important topics of Investment In Business Assets Powerpoint Presentation Slides. This deck comprises of amazing visuals with thoroughly researched content. Each template is well crafted and designed by our PowerPoint experts. Our designers have included all the necessary PowerPoint layouts in this deck. From icons to graphs, this PPT deck has it all. The best part is that these templates are easily customizable. Just click the DOWNLOAD button shown below. Edit the colour, text, font size, add or delete the content as per the requirement. Download this deck now and engage your audience with this ready made presentation.
Presenting this set of slides with name - Fixed Investment Analysis Powerpoint Presentation Slides. We bring to you to the point topic specific slides with apt research and understanding. Putting forth our PPT deck comprises of thirtynine slides. Our tailor made Fixed Investment Analysis Powerpoint Presentation Slides editable presentation deck assists planners to segment and expound the topic with brevity. The advantageous slides on Fixed Investment Analysis Powerpoint Presentation Slides is braced with multiple charts and graphs, overviews, analysis templates agenda slides etc. to help boost important aspects of your presentation. Highlight all sorts of related usable templates for important considerations. Our deck finds applicability amongst all kinds of professionals, managers, individuals, temporary permanent teams involved in any company organization from any field.
1. 1250 Words (min) - 1450 Words (max), Bibliography and Titles no.docxkarisariddell
1. 1250 Words (min) - 1450 Words (max), Bibliography and Titles not counted.
2. It is a comparison essay.
3. 3+ outside academic sources (blogs, wikis, pop websites are permitted, but do not count for these 3 scholarly sources). Sources should be good journal articles or academic books.
4. Avoid Google. For academic articles, search https://onesearch.library.utoronto.ca/research/articles-databases Links to an external site.
Writing Tips:
—MLA or APA format required: quotes and paraphrasing need page numbers APA: (Smith, 2000, p. 235). MLA (Smith 235). Quotes are best. Avoid footnotes in any form, or the Chicago style of citation.
—State your thesis at the end of Paragraph 1 -- what will you claim?--Include a copy of small image as an Appendix after your Works Cited, if you analyze an ad or other visual item you want me to see (if I haven't likely seen it).
"Quote" if you can. Paraphrase secondarily. Introduce/integrate quotes. As Smith suggests, “Ads are a system...” that can “educate us...” (Smith, 2005, p. 5)
Quotes cannot stand alone.
Begin each paragraph with a topic sentence and address that topic. The topic sentence tells readers what the topic is. For example: “Historically, ads were outdoors...” OR you can use a question “How did we move from a needs society to a wants society?...”
Use transitions between paragraphs. “But Farnsworth was not only the creator of TV, he also…”
Block quotes (more than 3 full lines) should NOT be used, or only in rare cases when you cannot summarize the gist, and almost never in short papers.
Topic:
DIGITAL MEDIA. Select 1 Historical or Current Example of Social Media being blamed for a social problem (ex: the cyber bullying of Amanda Todd), and 1 Example of Social Media being credited with improving life (ex: social movements). (See Chapter 2). Many people who examine ‘social media’ (such as Facebook and Twitter) say that these tools distract us from the important things in life. Similar things were said about television, and telephones, and the radio, and even of writing. Any communication technology can be used in a variety of ways, depending on who has access to them, and how creative they are. In your Compare and Contrast Essay, discuss one case or way in which social media get blamed for negative events or outcomes (loneliness, competitiveness, bullying, boasting, narcissism). Compare this side with the positive things people accomplish with social media (MeToo, BLM, organizing events, socializing, reading the day’s news). Give specific examples, and support your claims with research. You may also mention your own experiences, if relevant. For the negative side, a case study may be wise: the Grossman cyber bullying case, for example, or the BC politician who lost an election due to an old Facebook photo. Or you could identify a common criticism of social media, and explore it. For example: Are social media affecting news and political views based on this news today negatively? Examples.
1-Why is it the case that single men are prominently represented in .docxkarisariddell
1-Why is it the case that single men are prominently represented in the homeless? Is there a primary prevention program that could be a part of a public health initiative that would address this cohort specifically?
2- APA Style
3- 3 paragraphs 3 sentences each
4- 2 references
.
Twitter Q1 2014 Selected Company Metrics and Financials - First Ever TWTR Pub...lonelybrand
Accompanying financial information presented to investors of Twitter (TWTR) during it's Q1 2014 earnings release. This is the first selected metrics and financials document ever released by Twitter as part of a quarterly earnings call post-IPO.
Investment In Business Assets PowerPoint Presentation SlidesSlideTeam
Presenting this set of slides with name - Investment In Business Assets Powerpoint Presentation Slides. This deck consists of total of thirtynine slides. It has PPT slides highlighting important topics of Investment In Business Assets Powerpoint Presentation Slides. This deck comprises of amazing visuals with thoroughly researched content. Each template is well crafted and designed by our PowerPoint experts. Our designers have included all the necessary PowerPoint layouts in this deck. From icons to graphs, this PPT deck has it all. The best part is that these templates are easily customizable. Just click the DOWNLOAD button shown below. Edit the colour, text, font size, add or delete the content as per the requirement. Download this deck now and engage your audience with this ready made presentation.
Presenting this set of slides with name - Fixed Investment Analysis Powerpoint Presentation Slides. We bring to you to the point topic specific slides with apt research and understanding. Putting forth our PPT deck comprises of thirtynine slides. Our tailor made Fixed Investment Analysis Powerpoint Presentation Slides editable presentation deck assists planners to segment and expound the topic with brevity. The advantageous slides on Fixed Investment Analysis Powerpoint Presentation Slides is braced with multiple charts and graphs, overviews, analysis templates agenda slides etc. to help boost important aspects of your presentation. Highlight all sorts of related usable templates for important considerations. Our deck finds applicability amongst all kinds of professionals, managers, individuals, temporary permanent teams involved in any company organization from any field.
1. 1250 Words (min) - 1450 Words (max), Bibliography and Titles no.docxkarisariddell
1. 1250 Words (min) - 1450 Words (max), Bibliography and Titles not counted.
2. It is a comparison essay.
3. 3+ outside academic sources (blogs, wikis, pop websites are permitted, but do not count for these 3 scholarly sources). Sources should be good journal articles or academic books.
4. Avoid Google. For academic articles, search https://onesearch.library.utoronto.ca/research/articles-databases Links to an external site.
Writing Tips:
—MLA or APA format required: quotes and paraphrasing need page numbers APA: (Smith, 2000, p. 235). MLA (Smith 235). Quotes are best. Avoid footnotes in any form, or the Chicago style of citation.
—State your thesis at the end of Paragraph 1 -- what will you claim?--Include a copy of small image as an Appendix after your Works Cited, if you analyze an ad or other visual item you want me to see (if I haven't likely seen it).
"Quote" if you can. Paraphrase secondarily. Introduce/integrate quotes. As Smith suggests, “Ads are a system...” that can “educate us...” (Smith, 2005, p. 5)
Quotes cannot stand alone.
Begin each paragraph with a topic sentence and address that topic. The topic sentence tells readers what the topic is. For example: “Historically, ads were outdoors...” OR you can use a question “How did we move from a needs society to a wants society?...”
Use transitions between paragraphs. “But Farnsworth was not only the creator of TV, he also…”
Block quotes (more than 3 full lines) should NOT be used, or only in rare cases when you cannot summarize the gist, and almost never in short papers.
Topic:
DIGITAL MEDIA. Select 1 Historical or Current Example of Social Media being blamed for a social problem (ex: the cyber bullying of Amanda Todd), and 1 Example of Social Media being credited with improving life (ex: social movements). (See Chapter 2). Many people who examine ‘social media’ (such as Facebook and Twitter) say that these tools distract us from the important things in life. Similar things were said about television, and telephones, and the radio, and even of writing. Any communication technology can be used in a variety of ways, depending on who has access to them, and how creative they are. In your Compare and Contrast Essay, discuss one case or way in which social media get blamed for negative events or outcomes (loneliness, competitiveness, bullying, boasting, narcissism). Compare this side with the positive things people accomplish with social media (MeToo, BLM, organizing events, socializing, reading the day’s news). Give specific examples, and support your claims with research. You may also mention your own experiences, if relevant. For the negative side, a case study may be wise: the Grossman cyber bullying case, for example, or the BC politician who lost an election due to an old Facebook photo. Or you could identify a common criticism of social media, and explore it. For example: Are social media affecting news and political views based on this news today negatively? Examples.
1-Why is it the case that single men are prominently represented in .docxkarisariddell
1-Why is it the case that single men are prominently represented in the homeless? Is there a primary prevention program that could be a part of a public health initiative that would address this cohort specifically?
2- APA Style
3- 3 paragraphs 3 sentences each
4- 2 references
.
1-Think for a while about cultural practices and how they affect hea.docxkarisariddell
1-Think for a while about cultural practices and how they affect health or illness in your own family. They may be difficult to identify as such at first, but they do exist. What ideas about illness prevention does your family adhere to? What do you do when someone gets sick? What rituals does your family practice when someone dies?
2- APA style
3- 3 paragraphs 3 sentences each
4- 2 references
.
1-Holding everything else constant, an increase in the growth rate.docxkarisariddell
1-Holding everything else constant, an increase in the growth rate of the money supply will cause the AD curve to
not shift at all.
shift outward.
shift randomly.
shift inward.
2-In the AD-AS model, which curve would be irrelevant if prices and wages were perfectly flexible?
A. Long-Run Aggregate Supply
B. Long-Run Aggregate Demand
C. Short-Run Aggregate Supply
D. Aggregate Demand
3-An increase in the expected inflation rate will cause the LRAS curve to:
A. do nothing.
B. shift right.
C. flatten out.
D. shift left.
4-When consumers suddenly become more pessimistic about the economy, the stock shifts the:
A. LRAS curve outward, reducing the real growth rate in the short run.
B. AD curve inward, reducing the real growth rate in the short run.
C. AD curve outward, reducing the real growth rate in the short run.
D. LRAS curve inward, reducing the real growth rate in the short run.
5-Which of the following would cause the AD curve to shift to the left?
A. lower growth rate of output
B. decreased government purchases
C. higher government budget deficits
D. lower taxes
6-A temporary decrease in consumer spending causes:
A. a decrease in the economy's long-run potential growth rate
B. a decrease in velocity growth
C. an upward shift of the SRAS curve.
D. a decrease in money growth
7-Which of the following best describes the conditions of the Great Depression?
A. Real GDP growth was negative while inflation was very high.
B. Both real GDP growth and inflation were historically high.
C. Real GDP was high while inflation was negative.
D. Both real GDP growth and inflation were negative.
8- Menu costs are the costs associated with changing:
A. jobs.
B. wages.
C. prices.
D. expected inflation.
9-A temporary positive shock to spending growth will lead to an increase in:
A. output and inflation in the short run, but no change in either in the long run.
B. output in both the short and long run.
C. both inflation and output in the short run, but only output in the long run.
D. both inflation and output in the short run, but only inflation in the long run.
10- Which of the following describes the process through which a major decline in the stock market leads to a change in Aggregate Demand?
A. Banking panics lead to a removal of deposit insurance and a negative AD shock.
B. A stock market bubble bursts, and this leads to a negative supply shock.
C. Reductions in consumer wealth produce a negative AD shock.
D. Increase in net exports produce a negative AD shock.
11-
A. 10%
B. 4%
C. 7%
D. 3%
12-
A. 3%
B. 7%
C. 4%
D. 10%
13-
A. -0.5%
B. 6.5%
C. 7%
D. 3%
14-
A. 6.5%
B. -0.5%
C. 0.5%
D. 2%
15-
A. Workers increase their inflationary expectations so that the economy moves to point A.
B. Workers decrease their inflationary expectations so that the economy moves to point C.
C. Workers increase their inflationary expectations so that the economy moves to point C.
D. Workers decrease their inflationary expectations so that the economy moves to point .
1-Please write the difference and examples between coccus, bacillus,.docxkarisariddell
1-Please write the difference and examples between coccus, bacillus, and vibrio. 2-What is a Nosocomial or a Healthcare-Associated Infections (HAI)? Please write three examples. 3-Why viruses are not considered living structures? 4-Who was Carolus Linnaeus? What was his best contribution to Microbiology? 5-What is a Microbiota? Why are they important in our body? 6-What is a Primary Infectious Disease? What is a Secondary Infectious Disease? Please write examples of both types of Primary and Secondary infectious diseases? 7-Why is still important the knowledge of Gram stain? Which dyes are used in this type of coloration? 8-Who was Dr. Edward Jenner? What was his best contribution to Medicine? 9-Acute Infection, Chronic Infection, and Latent Infection. Please define each of them, and please write examples of them. 10-What is Herd Immunity? How is it possible to increase it in our current Pandemic of coronavirus (SARS-CoV-2 infection)
.
1-2 paragraphs for each person. There are 6 people.Everett.docxkarisariddell
1-2 paragraphs for each person. There are 6 people.
Everett
Overall what occurred in 2015 following the information of Volkswagen cheating the consumers, the market, and the EPA was fairly little in the grand scheme of things. The background surrounding Volkswagen essentially getting away with mass pollution and hoodwinking the industry for years is that a defeat device was installed within the vehicle’s engine that programmed it to run in a cleaner mode when hooked up to a test (Poeir, 2020). This obviously did not restrict the vehicle when performing on an open road. The device was eventually discovered and Volkswagen was billed for 25 billion dollars (Poier, 2020). However, the market share gained from this deception may have been worth it, as the vehicles outperformed all other competition in power and fuel economy that it resulted in the vehicles being ranked top in their respective classes that year (Poier, 2020).
However, what might Volkswagen do now to build back some of the trust within the corporate world? How can they redeem themselves economically? The first step arguably is to regain the trust of their shareholders and instill a set of ethics the likes of which cannot be questioned. Obviously, a drop in stock price is bad news, however, the company is by no means insolvent, and they quickly recovered following the incident. However ethics the company needs to advertise and explain to investors and to staff some sort of new ethical guidance that can convince people to purchase their products once again.
In regards to recovering legally, there’s been a fairly limited number of lawsuits, there were several major ones, however between the payouts of that and the fines levied against them from the EPA and other countries they seem to have paid the piper, the best way to address the issue legally and ethically would be to launch a voluntary recall in which people with the defeat devices may receive an upgrade at no cost to themselves. This would also address the philanthropic needs of the company. Additionally, many companies devote a sum of their profits to things that seem counter to their product, Coke for example sponsors huge numbers of athletic programs for children. Volkswagen may consider doing the same but planting some sort of forest to help deal with the carbon footprint. While I’m not the most creative individual in the world, it seems that there is any number of philanthropic things the company could do to earn them a “Subaru-Esque” reputation in the industry.
Andrea
The Volkswagen diesel emissions scandal has been widely covered. The corporation used a "defeat device" to fool an emissions government test (Jacobs & Kalbers, 2019). There have been major ethical concerns and significant environmental & financial consequences due to the device's release. The scandal has managed to ruin the reputation of Volkswagon. The image of the environmental friendly business has been destroyed. The vehicles had to be .
1-2 paragraphsapa formatreferencesneed in 8 hours!.docxkarisariddell
1-2 paragraphs
apa format
references
need in 8 hours!
Select one moral philosophy (teleology, deontology, relativist perspective, virtue ethics, or justice) that has influenced the outcome of an ethical dilemma that you have witnessed.
Provide one example of the way in which this moral philosophy influenced the outcome of an ethical dilemma in a past or present organization.
Note
: Please do not identify workplaces or leaders by name.
.
1. A In your viewpoint, what are the Humanities Formulate a de.docxkarisariddell
1. A:
In your viewpoint, what are the Humanities
? Formulate a definition of the Humanities.
B:
What is the relationship between Humanities and be nurse
?
This can be answer in one paragraph with 6 sentence.
2- What is the contribution of Philosophy to Humanities and humanity? Please explain by writing a well-developed paragraph of at least five sentences.
.
1-2 PAGESIdentify an ethical consideration besides establishin.docxkarisariddell
1-2 PAGES
Identify an ethical consideration besides establishing culturally relevant efforts that are consistent with recognizing that primary prevention is an act of premeditated intrusion into the lives and setting of individuals and groups and ask a question about this ethical consideration.
Suggest an additional mechanism or strategy to increase culturally relevant prevention programming and planning with African American teenagers, ages 13 through 21, spreading sexually transmitted infections.
Provide your colleague with feedback about how prevention as an act of premeditated intrusion into the lives and setting of individuals and groups on Diversity and Ethical Considerations could help bring about positive social change.
Learning Resources
Required Readings
Hage, S., & Romano, J. L. (2013). Best practices in prevention. In R. K. Conyne & A. M. Horne (Eds.). Prevention practice kit: Action guides for mental health professionals (pp. 32-46). Thousand Oaks, CA: SAGE.
Vera, E. M., & Kenny, M. E. (2013). Social justice and culturally relevant prevention. In R. K. Conyne & A. M. Horne (Eds.). Prevention practice kit: Action guides for mental health professionals (pp. 1-59). Thousand Oaks, CA: SAGE.
American Counseling Association (2014). 2014 ACA Code of Ethics. Retrieved from https://www.counseling.org/Resources/aca-code-of-ethics.pdf
County Health Rankings & Roadmaps (2018). How healthy is your community? Robert Wood Johnson Foundation. Retrieved from http://www.countyhealthrankings.org/.
Required Media
Walden Scholars of Change (2016). Giving incarcerated women a second chance. https://www.waldenu.edu/connect/video-and-multimedia/social-change/scholars-of-change/2016-winners/giving-incarcerated-women-a-second-chance
Be sure to support your postings and responses with specific references to the Learning Resources.
.
1-2 page single spaced pages in 12-point font. Reference Listed.docxkarisariddell
1-2 page single spaced pages in 12-point font.
Reference: Listed at the top of the paper in APA style.
INTRODUCTION should contain:
* A thorough literature review that establishes the nature of the problem to be addressed in the present study(the literature review is specific to the problem)
*The literature review is current (within 5 years)
A logical sequence from what we know (the literature review) to what we don't know (the unanswered questions raised by the review and what this study intended to answer)
* the purpose of the present study
*the hypothesis/research questions
*State the overall purpose of the paper
*What new ideas or info were communicated in the paper
*Why was it important to publish these ideas?
METHODS. The methods section has three subsections. It should contain:
* The participants and population they intended to represent
* The number of participants and how they were selected
*A description of the tools/measures used and research design employed
RESULTS: The results should contain a thorough summary of results of all analyses
DISCUSSION: The discussion is where the author "wraps up the research."
* A simple and easy to understand summary of what was found.
.
1-2 page typed (double space) research and reflection essay on a mus.docxkarisariddell
1-2 page typed (double space) research and reflection essay on a musical group or artist that reflects some of our class themes, such as Race, Ethnicity, Counter-narrative, Social Justice, and Power. Include your personal opinion and reflection on your chosen musical group or artist. What is one of your favorite songs or a song that resonates with you in connection with some of our class themes? Include the lyrics of the song! (lyrics are not counted for the 1-2 pages)
.
1. The law of demand implies that sellers will offer .docxkarisariddell
1. The law of demand implies that:
sellers will offer less on the market at lower prices.
consumers will buy more at lower prices.
sellers will offer more on the market at higher prices.
consumers are not responsive to price changes.
2. An increase in the demand for gasoline today caused by concerns that gasoline prices will be
higher tomorrow is most likely attributable to a change in:
consumer preferences.
consumer expectations.
income.
prices of other goods.
3. If the price of hamburger decreased, it would probably result in _____ in the demand for
hamburger buns.
random fluctuations
no change
an increase
a decrease
4. A decrease in supply is caused by:
an advancement in the technology for producing the good.
an increase in the price of goods that are used in production.
an increase in the number of producers.
suppliers' expectations of lower prices in the future.
5. Figure: The Demand and Supply of Wheat
Reference: Ref 3-6
(Figure: The Demand and Supply of Wheat) Look at the figure The Demand and Supply of
Wheat. If a price of $8 temporarily exists in this market, a _____ of _____ bushels will
result.
surplus; 6,000
surplus; 4,000
shortage; 2,000
shortage; 4,000
6. If the market for buffalo meat is in equilibrium, the price of buffalo meat will probably
_____ in the near future.
decrease
increase considerably
increase
not change
7. Figure: Four Markets for DVDs
Reference: Ref 3-9
(Figure: Four Markets for DVDs) Look at the figure Four Markets for DVDs. Which of the
graphs illustrates what may happen in the market for DVDs if D1 or S1 is the original curve
and D2 or S2 is the new curve and if the cost of producing DVDs falls?
C
D
A
B
8. Figure: Shifts in Demand and Supply II
Reference: Ref 3-11
(Figure: Shifts in Demand and Supply II) Look at the figure Shifts in Demand and Supply II.
The graph shows how supply and demand might shift in response to specific events. Suppose
scientists discover that eating pomegranates causes aging. Which panel BEST describes how
this will affect the market for pomegranates?
panel C
panel B
panel D
panel A
9. Figure: Shifts in Demand and Supply III
Reference: Ref 3-12
(Figure: Shifts in Demand and Supply III) Look at the figure Shifts in Demand and Supply
III. The figure shows how supply and demand might shift in response to specific events.
Suppose consumer incomes increase. Which panel BEST describes how this will affect the
market for designer boots, a normal good?
panel B
panel C
panel A
panel D
10. For consumers, pizza and hamburgers are substitutes. A rise in the price of a pizza causes
_____ in the equilibrium price of a hamburger and _____ in the equilibrium quantity of
hamburgers.
a rise; a decrease
a fall; an increase
a rise; an increase
a fall; a decrease .
1-2 page critique of the film after selecting a character in the mov.docxkarisariddell
1-2 page critique of the film after selecting a character in the movie (main character most of the time) and completing a diagnostic impression as it best reflects the character’s clinical syndrome and how the character(s) meets the diagnostic criteria for the particular disorder(s).
Main Character: Ben Sanderson
**** Use the DSM-5 to develop the character impression. Provide your opinion with supporting details from the movie and the DMS-V. Share your overall critique of the movie. Share your overall critique o the movie
.
1. Which of the following changes will result in a shift of the agg.docxkarisariddell
1. Which of the following changes will result in a shift of the aggregate demand curve, and which will result in a movement along the curve? If there is a shift, or a movement, be sure to explain in which direction, and why (either up or down, or, right or left). 1 pt each
a. The Fed lowers interest rates.
b. The price level in the economy falls.
c. Wealth decreases.
d. A foreign trading partner’s national income increases.
2. With a two panel diagram –one panel showing the aggregate expenditure diagram, and the other showing the AD curve – show how a decrease consumption shifts the AD curve.
2 pts
3. What will happen to the aggregate supply curve if the price of foreign oil decreases? Will it cause a movement along the curve or a shift of the curve? Explain clearly. 2 pts
4. Is there any difference between the aggregate demand curve and the demand curve for good x? Explain .
.
1-2 page critique of the film after analyzing the main character (Jo.docxkarisariddell
1-2 page critique of the film after analyzing the main character (Jones) and completing a diagnostic impression as it best reflects the character’s clinical syndrome and how the character meets the diagnostic criteria for the particular disorder(s).
**** Use the DSM-5 to develop the character impression. Provide your opinion with supporting details from the movie and the DMS-V. Share your overall critique of the movie. Share your overall critique o the movie.
.
1. John, a 15 year old who loves skateboarding, wants to buy th.docxkarisariddell
1. John, a 15 year old who loves skateboarding, wants to buy the new hyped magenta 3000 skateboard. He finds the last one on-line at his local sports store. He uses his debit card to purchase the board and the $500 is taken directly from his bank account. In order to avoid a delivery fee, he selects “pick up” as his shipping option.
When he arrives at the store to pick up the skateboard, the manager tells him he has canceled the transaction because another customer has promised to pay $600 for the board. John offers to pay an additional $150 for the skateboard and the manager agrees. John pays the $150 by credit card and takes the board. As soon as John gets home, he calls the credit card company and cancels the transaction.
The store sues John for the $150 or the return of the skateboard. What result?
A. The store will win. John has to return the skateboard because he is a minor without the capacity to contract.
B. John will win. There was no consideration given in exchange for John’s payment of the $150.
C. The store will win under the doctrine of promissory estoppel.
D. The store will win because the store’s website did not create a valid offer.
B. John will win. There was no consideration given in exchange for John’s payment of the $150.
2. Rob, an elderly man, is dependent on his housekeeper, Larry, to care for him. Larry persuades Rob to withdraw $100,000 from the bank and make an interest free loan to him. Rob’s daughter, Erica, sues Larry on behalf of her father to avoid the transaction. Erica’s best claim is:
A. Unilateral mistake.
B. Undue Influence
C. Economic duress
D. Misrepresentation
B. Undue influence
3. Elise took out an ad in the newspaper to sell her car, fully described, for $17,000. Franklin saw the ad and called Elise, saying that he would like to see the car. Franklin met Elise, drove the car and said, “Okay, I’ll buy it.” Which of the following is true?
A. Elise made an offer, which Franklin accepted.
B. Franklin made an offer, which Elise may accept or reject.
C. Elise made an offer which Franklin may accept or reject.
D. Franklin made an offer, which Elise accepted.
B. Franklin made an offer, which Elise may accept or reject.
4. Colleen sold a house to Ben for $300,000. Before selling the house, Colleen forgot to tell Ben about a leaky faucet in a little-used sink in the basement, which would cost about $30 to fix. Ben inspected the house, but didn’t notice the faucet. Later, Ben tries to rescind the deal on the grounds of fraud or misrepresentation because of the leaky faucet. Which of the following is the best reason why Ben cannot rescind?
A. Because Colleen made no statement about the faucet.
B. Because Ben did not rely on any false statement
C. Because the condition of the faucet is not material to the contract.
D. Because Colleen did not conceal the condition of the faucet.
C. Because the condition of the faucet is not material to the contract
5. Ana, a 19-year-old immig.
1-Read and print the data from the brain.csv file2-Extraxt t.docxkarisariddell
1-Read and print the data from the brain.csv file
2-Extraxt the HeadSzie and the BrainWeight into separate arrays (print as column vectors)
3- Find the average, max, and min values for the 2 data columns.
4- Plot the head size verses the brain weight
Please find the attachment for brain.csv file
.
1. Duncan Fisher (2019, march). Children of Divorce The Key Rol.docxkarisariddell
1. Duncan Fisher (2019, march). Children of Divorce: The Key Role of Self-Esteem in Recovering from The Trauma.
https://www.childandfamilyblog.com/child-development/children-of-divorce-self-esteem/
2. Hal Arkowitz, Scott O. Lilienfeld (2013, March 1). Is Divorce Bad for Children?
https://www.scientificamerican.com/article/is-divorce-bad-for-children/
3. Judith S. Wallerstein (1989, Jan 22). CHILDREN AFTER DIVORCE.
https://www.nytimes.com/1989/01/22/magazine/children-after-divorce.html
4. Patrick F. Fagan and Aaron Churchill (2012, January 11). The Effects of Divorce on Children.
https://downloads.frc.org/EF/EF12A22.pdf
5. Wendy Paris (2015, March 17). Yes, You Can Raise Happy Children After Divorce.
https://www.psychologytoday.com/us/blog/splitopia/201503/yes-you-can-raise-happy-children-after-divorce
Rashmitha Anugu
Discussion 7
7 hours ago
Q1. What should Mark have done if Jack still was not able to resolve the problem?
McRoy Aerospace was into building freight planes and refueling tankers. Be that as it may, they needed to contend in a market of building business airplane. McRoy could be an effective rival in the matter of assembling business airplane on the off chance that they could discover an answer for the issue of having a instrument for every one of the four sets of entryways in the airplane.
Jack has been an accomplished specialist and most important asset for McRoy Aerospace, and Mark was persuaded that Jack was the one in particular who could discover an answer for the issue. Mark depended excessively on one representative, which is constantly dangerous and is never suggested while rivaling organizations like Boeing and Airbus. In the event that Jack couldn't think of an answer, Mark could direct or an open test where workers and ongoing alumni can take an interest and take care of the issue independently.
Q2. Would it make sense for Mark to assign this problem to someone else now after Jack could not solve the problem the second time around?
In the wake of giving Jack adequate time, depending on him, and pushing him to concoct an answer, it looks bad to drive Jack further, and it would be a smart thought to relegate this issue to another person. While rivaling solid contenders like Boeing, it's better not to depend on one worker. Mark should locate some other official with exceptional and hands-on understanding, who is happy to respond to the call and is certain to think of an answer.
References
Kerzner, Harold. (2013) Project management: a systems approach to planning, scheduling, and controlling, John Wiley & Sons. 14-600. Newyork, NY.
Thomaz, J. (2014). Knowledge Management on PMO’s Perspective: A Systematic Review. European Conference on Knowledge Management, 1, 233.
Jeevan Manda
Discussion 7
5 days ago
1 reply
Last 3 days ago
What should Mark have done if Jack still was not able to resolve the problem?
Mark has an extensive measure of want on Jack. He figured Jack would think about a blueprint for using all.
1. When Thomas Paine writes about reconciliation, he is referring .docxkarisariddell
1. When Thomas Paine writes about reconciliation, he is referring to (1 point)
the southern Colonies staying peacefully connected to the northern Colonies.
the Colonies staying peacefully connected with Great Britain.
the Colonists staying peacefully connected to Native Americans.
Great Britain staying peacefully connected with Europe.
2. Which of the following statements about Common Sense is NOT true? (1 point)
Common Sense was written the same year as the Declaration of Independence.
Thomas Paine wrote Common Sense to persuade colonists to fight for independence.
The printing press enabled the wide circulation of Common Sense.
Thomas Paine was hanged for treason after writing Common Sense.
3. Thomas Paine believed America should be (1 point)
an asylum, a safe place, for all people.
a British colony.
a continent of many nations.
a city on a hill.
Asylum is a word with multiple meanings. Read the following sentence from Common Sense.
“This new world hath been the asylum for the persecuted lovers of civil and religious livery from every part of Europe.”
4. In this context, does asylum have a positive or negative connotation? (1 point)
positive
negative
5. Thomas Paine wrote Common Sense to (1 point)
Revolutionary War soldiers.
colonists in 1776, prior to the signing of the Declaration of Independence.
the British monarchy.
women seeking the right to vote.
.
1-This discussion question is based on pp. 135-158 ofThe E.docxkarisariddell
1-
This discussion question is based on pp. 135-158 of
The Essential Theater, 10th ed.
, by Oscar G. Brockett and Robert J. Ball.
Topics you should know before answering this question:
1. Neoclassical rules of theater in France (pp. 123-124)
2. The rebellion against neoclassicism and the appreciation of Shakespeare (pp. 136-138)
3. Sturm and Drang movement in Germany (pg. 136)
4. The connection between Romanticism and melodrama (pp. 139-146)
5. Realism and Heinrick Ibsen (pp. 146-158)
6. Realism in acting (Stanislavsky) (pp. 158-160)
Describe the differences between the Romantic movement and the Realism movement in theater. Give specific details and use plays discussed in your book and class as examples. Finally, describe which kind of play you would be more likely to go see and why.
2-
This discussion question is based on pp. 161-250 of
The Essential Theater, 10th ed.
, by Oscar G. Brockett and Robert J. Ball.
Topics you should know before answering this question:
1. Psychological Realism in American theater (pp. 183-188)
2. Stanislavsky method of acting (pp. 175-178)
3. African American theater (pp. 224-228)
4. Latino theater (pp.229-233)
5.
A Raisin in the Sun, Ma Rainey's Black Bottom,
and
Lydia
Compare African American Theater, Latin Theater and Asian-American theater. How are these traditions similar? How are they different? Be specific. Use the names of playwrights and/or their work.
3-
This discussion question is based on pp. 135-158 of
The Essential Theater, 10th ed.
, by Oscar G. Brockett and Robert J. Ball.
Heinrich Ibsen's
A Doll's House
ends with Nora Helmer leaving her husband and children for the purpose of finding out who she is outside the tight confines of her marriage. This ending shocked 19th century audiences, and the play was often changed to have Nora remain with her family. In some places, like Britain,
A Doll's House
was simply banned outright.
In your opinion, what purpose was served by having
A Doll's House
censored, either by being rewritten or banned? Is censorship of a theatrical or cinematic work ever permissible? If so, under what conditions? If not, why not? Explain your position as clearly and thoroughly as you can and defend it against people who might disagree with you.
.
We all have good and bad thoughts from time to time and situation to situation. We are bombarded daily with spiraling thoughts(both negative and positive) creating all-consuming feel , making us difficult to manage with associated suffering. Good thoughts are like our Mob Signal (Positive thought) amidst noise(negative thought) in the atmosphere. Negative thoughts like noise outweigh positive thoughts. These thoughts often create unwanted confusion, trouble, stress and frustration in our mind as well as chaos in our physical world. Negative thoughts are also known as “distorted thinking”.
Instructions for Submissions thorugh G- Classroom.pptxJheel Barad
This presentation provides a briefing on how to upload submissions and documents in Google Classroom. It was prepared as part of an orientation for new Sainik School in-service teacher trainees. As a training officer, my goal is to ensure that you are comfortable and proficient with this essential tool for managing assignments and fostering student engagement.
Read| The latest issue of The Challenger is here! We are thrilled to announce that our school paper has qualified for the NATIONAL SCHOOLS PRESS CONFERENCE (NSPC) 2024. Thank you for your unwavering support and trust. Dive into the stories that made us stand out!
The French Revolution, which began in 1789, was a period of radical social and political upheaval in France. It marked the decline of absolute monarchies, the rise of secular and democratic republics, and the eventual rise of Napoleon Bonaparte. This revolutionary period is crucial in understanding the transition from feudalism to modernity in Europe.
For more information, visit-www.vavaclasses.com
The Art Pastor's Guide to Sabbath | Steve ThomasonSteve Thomason
What is the purpose of the Sabbath Law in the Torah. It is interesting to compare how the context of the law shifts from Exodus to Deuteronomy. Who gets to rest, and why?
Welcome to TechSoup New Member Orientation and Q&A (May 2024).pdfTechSoup
In this webinar you will learn how your organization can access TechSoup's wide variety of product discount and donation programs. From hardware to software, we'll give you a tour of the tools available to help your nonprofit with productivity, collaboration, financial management, donor tracking, security, and more.
Model Attribute Check Company Auto PropertyCeline George
In Odoo, the multi-company feature allows you to manage multiple companies within a single Odoo database instance. Each company can have its own configurations while still sharing common resources such as products, customers, and suppliers.
How to Split Bills in the Odoo 17 POS ModuleCeline George
Bills have a main role in point of sale procedure. It will help to track sales, handling payments and giving receipts to customers. Bill splitting also has an important role in POS. For example, If some friends come together for dinner and if they want to divide the bill then it is possible by POS bill splitting. This slide will show how to split bills in odoo 17 POS.
2. Table of contents
Appendix 1: Pro Forma FCF Page 4
Appendix 2 : Weighted Average Cost of Capital Page 5
Appendix 3 : Balance Sheets Page 6
Appendix 4 : Income Statements Page 8
Appendix 5 : Statements of Cash Flows Page 10
Appendix 6 : 10K Data Collection Page 11
Appendix 7: Market Return and Beta Page 12
4
Pro Format FCF
Value Drivers
Sales Growth 4.07%
Directly related to sales
Operating Expenses (excluding depreciation) 89.86%
3. Operating Current Assets 17.16%
Operating Current Liabilities 14.31%
Capital Expenditures 4.22%
Not directly related to sales
Depreciation Rate 6.09%
Interest Rate on Debt 5.53%
Interest Rate on ST Investments 1.73% <-- 1-year treasury
yield (https://www.federalreserve.gov/releases/h15/)
Tax Rate 36.34%
Long term growth rate 0.00%
Unlevered Free Cash Flows Jan-20 Jan-21 Jan-22 Jan-23 Jan-24
Jan-25 Jan-26 Jan-27 Jan-28 Jan-29
Sales $17,255,546 $17,958,617 $18,690,334 $19,451,865
$20,244,425 $21,069,276 $21,927,736 $22,821,174 $23,751,014
$24,718,741
Operating Expenses $15,506,519 $16,138,326 $16,795,877
$17,480,219 $18,192,444 $18,933,688 $19,705,135 $20,508,013
$21,343,605 $22,213,242
Depreciation $620,940 $665,274 $711,414 $759,435 $809,412
$861,425 $915,557 $971,895 $1,030,529 $1,091,552
Earnings Before Interest And Taxes $1,128,087 $1,155,017
$1,183,043 $1,212,212 $1,242,569 $1,274,163 $1,307,044
$1,341,265 $1,376,881 $1,413,947
Taxes $409,958 $419,745 $429,930 $440,530 $451,562
$463,044 $474,993 $487,429 $500,372 $513,842
4. Net Income $718,129 $735,272 $753,114 $771,682 $791,007
$811,120 $832,051 $853,836 $876,509 $900,105
Depreciation $620,940 $665,274 $711,414 $759,435 $809,412
$861,425 $915,557 $971,895 $1,030,529 $1,091,552
Capital Expenditures $727,890 $757,548 $788,414 $820,538
$853,970 $888,765 $924,977 $962,665 $1,001,888 $1,042,710
ONWC $491,595 $511,625 $532,471 $554,166 $576,745
$600,245 $624,701 $650,155 $676,645 $704,215
Change in ONWC -$216,405 $20,030 $20,846 $21,695 $22,579
$23,499 $24,457 $25,453 $26,490 $27,570
Free Cash Flows $827,584 $622,968 $655,268 $688,884
$723,869 $760,280 $798,175 $837,613 $878,659 $921,377
Terminal Value $16,207,764
PV of FCFs $15,011,177
Equity Value $15,131,177
Fair price per share $39.00
5
Weighted Average Cost of Capital
Gap WACC calculation
Debt Average value $1,292,833
5. Cost of debt 5.53%
Proportion of debt in capital structure 16.44%
Equity # Shares outstanding 388,000 <----- Diluted
weighted-average number of shares from 10-K
Current price per share $16.94 <----- As of 11/3/2019
Market capitalization $6,572,720
Cost of equity 6.11%
Beta 0.68 <----- Beta calculated using 3 years data (se Returns
tab)
Rf 1.73%
Rm 8.21% <----- Annualized market return from Returns tab
Proportion of debt in capital structure 83.56%
WACC 5.68%
6
Balance Sheets
Gap Balance Sheets (in $1,000) (in $1,000)
PERIOD ENDING Jan-19 Jan-18 Jan-17 Jan-16 Jan-15 Jan-14
Assets
6. Current Assets
Cash And Cash Equivalents 1,081,000 1,783,000 1,783,000
1,370,000 1,515,000 1,510,000
Short Term Investments 288,000 - - -
- -
Net Receivables 359,000 282,000 335,000 -
- -
Inventory 2,131,000 1,997,000 1,830,000 1,873,000
1,889,000 1,928,000
Other Current Assets 392,000 506,000 367,000
742,000 913,000 992,000
Total Current Assets 4,251,000 4,568,000 4,315,000
3,985,000 4,317,000 4,430,000
Long Term Investments - - -
Property Plant and Equipment 2,912,000 2,805,000
2,616,000 2,850,000 2,773,000 2,758,000
Goodwill 109,000 109,000 109,000
- - -
Intangible Assets 92,000 95,000 95,000
- - -
Other Assets 685,000 412,000 475,000
638,000 600,000 661,000
Total Assets 8,049,000 7,989,000 7,610,000
7,473,000 7,690,000 7,849,000
Liabilities
Current Liab ilities
Accounts Payable 1,126,000 1,181,000 1,243,000
2,114,000 2,213,000 2,420,000
Short/Current Long Term Debt - - 65,000
7. 421,000 21,000 25,000
Other Current Liabilities 1,048,000 1,280,000
1,145,000 - - -
Total Current Liabilities 2,174,000 2,461,000
2,453,000 2,535,000 2,234,000 2,445,000
Long Term Debt 1,249,000 1,249,000 1,248,000
1,310,000 1,332,000 1,369,000
Other Liabilities 1,073,000 1,135,000 1,005,000
1,083,000 1,141,000 973,000
Total Liabilities 4,496,000 4,845,000 4,706,000
4,928,000 4,707,000 4,787,000
Stockholders' Equity
Common Stock 19,000 19,000 20,000
20,000 21,000 55,000
Retained Earnings 3,481,000 3,089,000 2,830,000
2,440,000 2,797,000 14,218,000
Treasury Stock - -
- (14,245,000)
Capital Surplus - -
- 2,899,000
Other Stockholder Equity 53,000 36,000
54,000 85,000 165,000 135,000
Total Stockholder Equity 3,553,000 3,144,000
2,904,000 2,545,000 2,983,000 3,062,000
Total L&E 8,049,000 7,989,000 7,610,000 7,473,000
7,690,000 7,849,000
Total LT Debt 1,249,000 1,249,000 1,248,000 1,310,000
1,332,000 1,369,000
8. Average 1,292,833
Jan-20 Jan-19 Jan-18 Jan-17 Jan-16 Jan-15 Jan-14
Operating Current Assets 2,882,000 2,785,000 2,532,000
2,615,000 2,802,000 2,920,000 Average
% of Revenues 17.38% 17.57% 16.32% 16.55% 17.05% 18.08%
17.16%
Trend
17.89%
Operating Current Liabilities 2,174,000 2,461,000 2,388,000
2,114,000 2,213,000 2,420,000 Average
% of Revenues 13.11% 15.52% 15.39% 13.38% 13.47% 14.99%
14.31%
7
Balance Sheet Analysis
8
9. Income Statements
Gap Income statements (in $1,000)
PERIOD ENDING Jan-19 Jan-18 Jan-17 Jan-16 Jan-15 Jan-14
Total Revenue $16,580,000 $15,855,000 $15,516,000
$15,797,000 $16,435,000 $16,148,000
Cost of Revenue $10,258,000 $9,789,000 $9,876,000
$10,077,000 $10,146,000 $9,855,000
Gross Profit $6,322,000 $6,066,000 $5,640,000 $5,720,000
$6,289,000 $6,293,000
Selling General and Administrative $4,960,000 $4,587,000
$4,449,000 $4,196,000 $4,206,000 $4,144,000
Operating Income or Loss $1,362,000 $1,479,000 $1,191,000
$1,524,000 $2,083,000 $2,149,000
Other Income/Expenses $33,000 $19,000 $8,000 $6,000 $5,000
$5,000
Earnings Before Interest And Taxes $1,395,000 $1,498,000
$1,199,000 $1,530,000 $2,088,000 $2,154,000
Interest Expense $73,000 $74,000 $75,000 $59,000 $75,000
$61,000
Income Before Tax $1,322,000 $1,424,000 $1,124,000
$1,471,000 $2,013,000 $2,093,000
Income Tax Expense $319,000 $576,000 $448,000 $551,000
$751,000 $813,000
Net Income $1,003,000 $848,000 $676,000 $920,000
$1,262,000 $1,280,000
Interest on Debt 5.84% 5.93% 5.86% 4.47% 5.55%
10. Average 5.53%
Tax Rate 24.13% 40.45% 39.86% 37.46% 37.31% 38.84%
Average 36.34%
Revenue Change YoY 4.57% 2.18% -1.78% -3.88% 1.78%
Trend (on % change) 4.07%
Operating Expenses (excluding depreciation)
Regression Ys $14,607,000 $13,858,000 $13,786,000
$13,740,000 $13,847,000 $13,524,000
Regression Xs $16,580,000 $15,855,000 $15,516,000
$15,797,000 $16,435,000 $16,148,000
Slope 51.73%
Intercept $5,587,662
R2 0.32 Too low value to accept Slope/Intercept as
valid value drivers
Operating Expenses (excluding depreciation) $14,607,000
$13,858,000 $13,786,000 $13,740,000 $13,847,000 $13,524,000
% of revenue 88.10% 87.40% 88.85% 86.98% 84.25% 83.75%
Average 86.56%
Trend 89.86%
9
Income Statement Analysis
11. 10
Statements of Cash Flows
Gap statements of Cash flows (in $1,000)
PERIOD ENDING Jan-19 Jan-18 Jan-17 Jan-16 Jan-15 Jan-14
Net Income 1,003,000 848,000 676,000 920,000
1,262,000 1,280,000
Operating Activities, Cash Flows Provided By or Used In
Depreciation 578,000 499,000 531,000
527,000 500,000 470,000
Adjustments To Net Income 103,000 195,000
191,000 103,000 118,000 119,000
Changes In Accounts Receivables - -
- - - -
Changes In Liabilities (78,000) (53,000) 221,000
(83,000) 18,000 73,000
Changes In Inventories (154,000) (142,000) 46,000
(6,000) (9,000) (193,000)
Changes In Other Operating Activities (184,000) 33,000
54,000 133,000 240,000 (44,000)
Total Cash Flow From Operating Activities 1268000 1,380,000
12. 1,719,000 1,594,000 2,129,000 1,705,000
Investing Activities, Cash Flows Provided By or Used In
Capital Expenditures (705,000) (731,000) (521,000)
(726,000) (714,000) (670,000)
Investments (287,000) - -
- - 50,000
Other Cash flows from Investing Activities (9,000)
63,000 (5,000) (4,000) 118,000
(4,000)
Total Cash Flows From Investing Activities -1001000
(668,000) (526,000) (730,000) (596,000)
(624,000)
Financing Activities, Cash Flows Provided By or Used In
Dividends Paid (373,000) (361,000) (367,000)
(377,000) (383,000) (321,000)
Sale Purchase of Stock - (285,000) 29,000
(950,000) (1,089,000) (882,000)
Net Borrowings - (67,000) (421,000)
379,000 (21,000) 144,000
Other Cash Flows from Financing Activities (1,000)
(18,000) (18,000) (70,000) (52,000)
55,000
Total Cash Flows From Financing Activities (374,000)
(731,000) (777,000) (1,018,000) (1,545,000)
(1,004,000)
Effect Of Exchange Rate Changes (10,000) 19,000
16,000 (19,000) (21,000) (36,000)
Change In Cash and Cash Equivalents (107,000) (19,000)
416,000 (154,000) (12,000) 41,000
Capital Expenditures 4.25% 4.61% 3.36% 4.60% 4.34% 4.15%
13. Average 4.22%
Dividends Paid 37.19% 42.57% 54.29% 40.98% 30.35% 25.08%
Average 38.41%
11
10K Data Collection
Gap 2014 10K - Note 2. Additional Financial Statement
Information (p. 48)
Gap 2015 10K - Note 2. Additional Financial Statement
Information (p. 47)
Gap 2019 10K - Note 2. Additional Financial Statement
Information (p.51)
Gap 2018 10K - Note 2. Additional Financial Statement
Information (p.51)
Property and Equipment
Property and equipment are stated at cost less accumulated
depreciation and consist of the following:
($ in millions) January 30, January 30, January 30, January 30,
January 31, January 31,
2018 2018 2017 2016 2015 2014
14. Leasehold improvements 3,104 3,140 3,099 3,252 3,220 3,211
Furniture and equipment 2,732 2,623 2,508 2,603 2,560 2,793
Software 1,525 1,703 1,600 1,433 1,349 1,173
Land, buildings, and building improvements 1,123 1,037 1,000
1,019 1,009 1,106
Construction-in-progress 183 264 222 187 167 176
Property and equipment, at cost 8,667 8,767 8,429 8,494 8,305
8,305
Depreciation rate 6.67% 5.69% 6.30% 6.20% 6.02% 5.66%
Average useful life (years) 16.4
Page 40Page 40
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Time Series of T-Bills, S&P500, and Gap Inc.
T-Bills S&P500 Gap Inc.
Mean 0.22% 0.68% 1.25%
Median 0.20% 1.07% 0.58%
St. Dev. 0.0019 0.0411 0.1114