QUESTION 1
1. If current market interest rates rise, what will happen to the value of outstanding bonds?
1.
They will rise.
2.
They will remain unchanged.
3.
There is no connection between current market interest rates and the value of outstanding bonds.
4.
They will fall.
5 points
QUESTION 2
1. A firm obtain cash from which of the following:
1.
Operation
2.
Sales of assets
3.
Borrowing
4.
All of the above.
10 points
QUESTION 3
1. XYZ has total current assets of $800,000; total current liabilities of $400,000; and long-term assets of $300,000. What is the firm Current Ratio?
1.
2.2
2.
1.8
3.
3.2
4.
2
5 points
QUESTION 4
1. J & B, Inc. has $5 million of debt outstanding with a coupon rate of 12 percent. Currently the yield to maturity on these bonds is 14 percent. If the firm's tax rate is 40 percent, what is cost of debt to J & B?
1.
14.0 percent
2.
8.4 percent
3.
12.0 percent
4.
7.2 percent
10 points
QUESTION 5
1. If you invest $750 every six months at 8 percent compounded semi-annually, how much would you accumulate at the end of 10 years?
1.
$10,065
2.
$21,731
3.
$10,193
4.
$22,334
10 points
QUESTION 6
1. Colby & Company bonds pay semi-annual interest of $50. They mature in 15 years and have a par value of $1,000. The market rate of interest is 8%. The market value of Colby Bonds is: (round to nearest dollar)
1.
$1,173
2.
$1,000
3.
$743
4.
$827
5 points
QUESTION 7
1. If cost of debt is 5% and preferred stock is 10% and common stock is 12% with the following capital structure:
Long-term debt = $1000,000
Preferred Stock = $400,000
and Common stocks = 2,600,000
What is the WACC?
1.
11.2%
2.
8.9%
3.
8.9%
4.
9.55%
5 points
QUESTION 8
1. A firm had $130,000 and $90,000 in current assets in 2002 and 2003 respectively. It also had $120,000 and $85,000 in current liability in 2002 and 2003 respectively. What is the net change in working capital from 2002 to 2003?
1.
$5000
2.
$5,500
3.
-$4500
4.
-$5,000
15 points
QUESTION 9
1. Dawn Swift discovered that twenty years ago, the average tuition for one year at an Ivy League school was $4,500. Today, the average cost is $29,000. What is the growth rate in tuition cost over this 20-year period? Round off to the nearest 0.1%.
1.
15.5%
2.
10.6%
3.
9.8%
4.
4.2%
10 points
QUESTION 10
1. The expected dividend is $2.50 for a share of stock priced at $25. What is the cost of retained earnings if the long-term growth in dividends is projected to be 8 percent?
1.
25.0 percent
2.
8.0 percent
3.
18.0 percent
4.
10.0 percent
5 points
QUESTION 11
1.
1. Keith Stone has 10-year old daughter, Kate, who will be entering college in 8 years. Keith estimate college costs to be $16,000 $17,000, $18,000 and $19,000 payable at the beginning of each of Kate’s four years in college. He has $2,000 in his account and intends to leave it there for the next 8 years. How much more must Keith save each year (assume end of the year payments) for each of the next 8 ...
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Using a payback period investment criterion tends to bias us toward what kind of investments?
Select one:
a. riskier investment
b. less risky investments
c. longer-term investments
d. shorter-term investments
e. lower return investments
Question 2
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If the cutoff point were forever, then the discounted payback rule would be the same as which of the following investment criteria?
Select one:
a. Net Present Value
b. Profitability Index
c. Average Accounting Return
d. Internal Rate of Return
e. both a and b
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Which of the following is NOT a disadvantage of the average accounting return criterion?
Select one:
a. it is not a true rate of return
b. it uses an arbitrary benchmark cutoff rate
c. it is based on book values and not market values
d. it may lead to incorrect decisions when comparing mutually exclusive investments
e. none of the aboveQuestion 4
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Ultimately, a good capital budgeting criterion must tell us two things. What are they?
1. It should tell us if a particular project is a good investment.
2. If there is more than one good mutually exclusive project, it should tell us which one to take.
3. If there is more than one investment criteria used, it should tell us which one is best.
Select one:
a. I and II
b. I and III
c. II and III
d. I, II, and III
e. None of the choices are valid.Question 5
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To break-even in an accounting sense, a firm would use the _________ investment criterion.
Select one:
a. net present value
b. profitability index
c. payback period
d. discounted payback period
e. none of the aboveQuestion 6
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A project has an initial cash outlay of $750,000 and an annual cash inflow of $220,000 for the next 5 years. The assets involved in the project can be sold for $50,000 when the project is completed. The required rate of return on the project is 15%. Should the project be accepted based on the NPV rule?
Select one:
a. No, the project should not be accepted as the NPV is -$37,385.
b. No, the project should not be accepted as the NPV is -$12,526.
c. Yes, the project should be accepted as the NPV is $0.
d. Yes, the project should be accepted as the NPV is $12,333.
e. Yes, the project should be accepted as the NPV is $37,474.
uestion 7
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ABC Company has a project that will yield cash inflows of $50,000, $60,000, $70,000, $60,000, and $50,000 in the next 5 years. The project requires an initial cash outlay of $205,000 and a required return of 11%. The company uses the payback period investment criterion. Should ABC invest in this project if its payback cutoff is 4 years? ...
Description Instructions Complete final exam.Ques.docxtheodorelove43763
Description / Instructions: Complete final exam.
Question 1
Which of the following is considered a hybrid organizational form?
sole proprietorship
partnership
corporation
limited liability partnership
Question 2
Which of the following is a principal within the agency relationship?
a company engineer
the CEO of the firm
a shareholder
the board of directors
Question 3
Teakap, Inc., has current assets of $ 1,456,312 and total assets of $4,812,369 for the year ending September 30, 2006. It also has current liabilities of $1,041,012, common equity of $1,500,000, and retained earnings of $1,468,347. How much long-term debt does the firm have?
$803,010
$2,303,010
$2,123,612
$1,844,022
Question 4
Which of the following presents a summary of the changes in a firm’s balance sheet from the beginning of an accounting period to the end of that accounting period?
The statement of cash flows.
The statement of net worth.
The statement of retained earnings.
The statement of working capital.
Question 5
Efficiency ratio: Gateway Corp. has an inventory turnover ratio of 5.6. What is the firm's days's sales in inventory?
61.7 days
57.9 days
65.2 days
64.3 days
Question 6
Leverage ratio: Your firm has an equity multiplier of 2.47. What is its debt-to-equity ratio?
0
0.60
1.47
1.74
Question 7
Which of the following is not a method of “benchmarking”?
Utilize the DuPont system to analyze a firm’s performance.
Conduct an industry group analysis.
Evaluating a single firm’s performance over time.
Identify a group of firms that compete with the company being analyzed.
Question 8
Present value: Jack Robbins is saving for a new car. He needs to have $ 21,000 for the car in three years. How much will he have to invest today in an account paying 8 percent annually to achieve his target? (Round to nearest dollar.)
$26,454
$19,444
$22,680
$16,670
Question 9
PV of multiple cash flows: Ferris, Inc., has borrowed from their bank at a rate of 8 percent and will repay the loan with interest over the next five years. Their scheduled payments, starting at the end of the year are as follows—$450,000, $560,000, $750,000, $875,000, and $1,000,000. What is the present value of these payments? (Round to the nearest dollar.)
$2,815,885
$2,615,432
$2,735,200
$2,431,224
Question 10
PV of multiple cash flows: Ajax Corp. is expecting the following cash flows—$79,000, $112,000, $164,000, $84,000, and $242,000—over the next five years. If the company's opportunity cost is 15 percent, what is the present value of these cash flows? (Round to the nearest dollar.)
$429,560
$414,322
$480,906
$477,235
Question 11
Future value of an annuity: Jayadev At.
Student ID 21458913 Exam 500304RR - Cost of Capital and .docxflorriezhamphrey3065
Student ID: 21458913
Exam: 500304RR - Cost of Capital and Financial Policy
When you have completed your exam and reviewed your answers, click Submit Exam. Answers will not be recorded until you
hit Submit Exam. If you need to exit before completing the exam, click Cancel Exam.
Questions 1 to 20: Select the best answer to each question. Note that a question and its answers may be split across a page
break, so be sure that you have seen the entire question and all the answers before choosing an answer.
1. The Shoe Outlet has paid annual dividends of $.65, $.70, $.72, and $.75 per share throughout the last
four years, respectively. The stock is currently selling for $9 a share. What's this firm's cost of equity?
A. 11.79 percent
B. 13.65 percent
C. 8.74 percent
D. 9.53 percent
2. Key Motors has a cost of equity of 11.29 percent and an unlevered cost of capital of 10.4 percent. The
company has $22,000 in debt that's selling at par value. The levered value of the firm is $64,000, and the
tax rate is 34 percent. What's the pretax cost of debt?
A. 7.82 percent
B. 6.59 percent
C. 6.18 percent
D. 5.73 percent
3. Mulberry, Inc. has a weighted average cost of capital (ignoring taxes) of 20 percent. It can borrow at 10
percent. Mulberry has a target ½ debt/equity ratio. Using the M&M Proposition II, what's the cost of
equity?
A. 15 percent
B. 29 percent
C. 25 percent
D. 31 percent
4. Under the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005, how long after a firm
files for bankruptcy protection do creditors have to wait before submitting their own reorganization plan to
the court?
A. 45 days
B. 12 months
C. 180 days
D. 18 months
5. A friend approaches you with an investment opportunity—a property in an area of rapidly appreciating
property values. You can get a loan for $1 million with a $60,000 down payment. Your friend estimates
that you'll be able to sell the property in one year for $1.1 million, which means you could make $100,000
in a year, a very large annual return. Why should you be skeptical?
A. The rate of return is too high.
B. The rate of return is too low.
C. Banks can't be trusted.
D. A highly leveraged investment, such as this one, is risky.
6. What's the relationship between the WACC and the structure of the firm?
A. The lower the WACC, the higher the value of the firm to a certain point; then the relationship reverses.
B. The lower the WACC, the higher the value of the firm.
C. The lower the WACC, the lower the value of the firm.
D. There's no relationship between WACC and the value of the firm.
7. Deep Mines has 14 million shares of common stock outstanding with a beta of 1.15 and a market price
of $42 a share. There are 900,000 shares of 9 percent preferred stock outstanding, valued at $80 a share.
The 10 percent semiannual bonds have a face value of $1,000 and are selling at 91 percent of par. There
are 220,000 bonds outstanding that mature in 17 years. The marke.
!#$&$()#+,(!1. Question Which of the following isar.docxkatherncarlyle
!"#$%&$'()*#+,(
!
1. Question : Which of the following is/are true?
I. Asset management ratio indicates how effectively a firm
generates profits on sales, assets and stockholder’s equity.
II. Liquidity ratios indicate the firm’s capacity to meet its
short-term financial obligations, but not its long-term
financial obligations.
III. Profitability ratios indicate how efficiently a firm is using
its assets to generate sales.
IV. Financial leverage ratios indicate the firm’s capacity to
meet its financial obligations, both short-term and long-term.
Student Answer:
II and IV
I and II
I, II, and IV
I and III
Question 2. Question : Which of the following is/are true?
I. When a loan is amortized over a five year term, the amount
of interest paid is decreased each year.
II. The effective annual rate of interest will always be equal
to or less than the nominal annual rate of interest.
III. An annuity due is the annuity in which the payments or
receipts occur at the beginning of each period.
IV. If the present value of a given sum is equal to its future
value, then the discount rate must be zero.
Student Answer:
IV only
III & IV
II, III & IV
I, III & IV
Question 3. Question : If a firm’s current ratio is 3.0,
Student Answer:
it is possible for its quick ratio to be larger than 3.0.
its current liabilities exceed its current assets.
it is possible for its quick ratio to be smaller than 3.0.
its current liabilities equal its current assets.
Ch 3
Ch 5
Ch 3
Question 4. Question : Which of the following is/are true?
I. The shareholder wealth maximization goal states that
management should seek to maximize the present value of
the expected future returns to the owners of the firm.
II. The primary reason for the agency problem between the
stockholders and managers is because of the separation of
ownership and management.
III. Protective covenants in a company's bond indentures are
used in agency relationships involving stockholders and
creditors.
IV. The fact that no investor can expect to earn excess
returns based on an investment strategy using only historical
stock price or return information is an example of
semistrong-form market efficiency.
Student Answer:
I and IV
I, II and IV
I, II and III
All of the above
Question 5. Question : If you’re a financial manager of a MNC (U.S. based) and you
anticipate that your company will need to pay C$2 million 6
months later. If you would like to make use of either forward
or futures or options contracts to fix your exchange rate
today, what is your strategy?
Student Answer:
BUY forward/futures contracts for C$2 million or BUY
call options for C$2 million.
SELL forward/futures contracts for C$2 million or BUY
call options for C$2 million.
BUY forward/futures contracts for C$2 million or ...
Part 1 of 2 - Lesson 4 Questions20.0 50.0 PointsQuestion 1 .docxherbertwilson5999
Part 1 of 2 - Lesson 4 Questions
20.0/ 50.0 Points
Question 1 of 40
0.0/ 2.5 Points
When you pay off the principal and all of the interest at one time at the maturity date of the loan, we call this type of loan a(n):
A. amortized loan.
B. interest-only loan.
C. discount loan.
D. compound loan.
Question 2 of 40
0.0/ 2.5 Points
The furniture store offers you no-money-down on a new set of living room furniture. Further, you may pay for the furniture in three equal annual end-of-the-year payments of $1,000 each with the first payment to be made one year from today. If the discount rate is 6%, what is the present value of the furniture payments?
A. $3,183.60
B. $3,000
C. $2,833.39
D. $2,673.01
Question 3 of 40
2.5/ 2.5 Points
Your parents have an investment portfolio of $400,000, and they wish to take out cash flows of $50,000 per year as an ordinary annuity. How long will their portfolio last if the portfolio is invested at an annual rate of 4.50%? Use a calculator to determine your answer.
A. 8 years
B. 9.10 years
C. 9.60 years
D. 10.14 years
Question 4 of 40
2.5/ 2.5 Points
What is the present value of a lottery paid as an annuity due for 20 years if the cash flows are $250,000 per year and the appropriate discount rate is 7.50%?
A. $5,000,000.00
B. $3,186,045.39
C. $2,739,769.55
D. $2,548,622.84
Question 5 of 40
0.0/ 2.5 Points
What is the present value of a stream of annual end-of-the-year annuity cash flows if the discount rate is 0%, and the cash flows of $50 last for 20 years?
A. Less than $1,000
B. Exactly $1,000
C. More than $1,000
D. This question cannot be answered because we have an interest rate of 0%.
Question 6 of 40
2.5/ 2.5 Points
If you borrow $100,000 at an annual rate of 8% for a 10-year period and repay with 10 equal annual end-of-the-year payments of $14,902.95, then you have just repaid what type of loan?
A. Amortized loan
B. Interest-only loan
C. Discount loan
D. Compound loan
Question 7 of 40
0.0/ 2.5 Points
What is the future value in Year 12 of an ordinary annuity cash flow of $6,000 per year at an interest rate of 4% per year?
A. $90,154.83
B. $93,761.02
C. $28,675.97
D. $32,117.08
Question 8 of 40
0.0/ 2.5 Points
Your firm intends to finance the purchase of a new construction crane. The cost is $1,500,000. How large is the payment at the end of Year 10 if the crane is financed at a rate of 8.50% as a discount loan?
A. $228,611.56
B. $127,500
C. $3,391,475.16
D. There is not enough information to answer this question.
Question 9 of 40
0.0/ 2.5 Points
You just won the Publisher's Clearing House Sweepstakes and the right to 20 after-tax ordinary annuity cash flows of $163,291.18. Assuming a discount rate of 7.50%, what is the present value of your lottery winnings? Use a calculator to determine your answer.
A. $3,265,823.60
B. $1,789,520.81
C. $1,664,670.52
D. There is not enough information to answer this question.
Questi.
Question 1 Which of the following is considered a hybrid org.docxIRESH3
Question 1
Which of the following is considered a hybrid organizational form?
corporation
sole proprietorship
limited liability partnership
partnership
Question 2
Which of the following is a principal within the agency relationship?
the CEO of the firm
a shareholder
the board of directors
a company engineer
Question 3
Teakap, Inc., has current assets of $ 1,456,312 and total assets of $4,812,369 for the year ending September 30, 2006. It also has current liabilities of $1,041,012, common equity of $1,500,000, and retained earnings of $1,468,347. How much long-term debt does the firm have?
$1,844,022
$2,303,010
$2,123,612
$803,010
Question 4
Which of the following presents a summary of the changes in a firm’s balance sheet from the beginning of an accounting period to the end of that accounting period?
The statement of working capital.
The statement of cash flows.
The statement of retained earnings.
The statement of net worth.
Question 5
Efficiency ratio: Gateway Corp. has an inventory turnover ratio of 5.6. What is the firm's days's sales in inventory?
57.9 days
64.3 days
65.2 days
61.7 days
Question 6
Leverage ratio: Your firm has an equity multiplier of 2.47. What is its debt-to-equity ratio?
1.47
0
1.74
0.60
Question 7
Which of the following is not a method of “benchmarking”?
Evaluating a single firm’s performance over time.
Identify a group of firms that compete with the company being analyzed.
Utilize the DuPont system to analyze a firm’s performance.
Conduct an industry group analysis.
Question 8
Present value: Jack Robbins is saving for a new car. He needs to have $ 21,000 for the car in three years. How much will he have to invest today in an account paying 8 percent annually to achieve his target? (Round to nearest dollar.)
$26,454
$16,670
$19,444
$22,680
estion 9
PV of multiple cash flows: Ferris, Inc., has borrowed from their bank at a rate of 8 percent and will repay the loan with interest over the next five years. Their scheduled payments, starting at the end of the year are as follows—$450,000, $560,000, $750,000, $875,000, and $1,000,000. What is the present value of these payments? (Round to the nearest dollar.)
$2,615,432
$2,815,885
$2,431,224
$2,735,200
Question 10
PV of multiple cash flows: Ajax Corp. is expecting the following cash flows—$79,000, $112,000, $164,000, $84,000, and $242,000—over the next five years. If the company's opportunity cost is 15 percent, what is the present value of these cash flows? (Round to the nearest dollar.)
$480,906
$414,322
$429,560
$477,235
Question 11
Future value of an annuity: Jayadev Athreya has started on his first job. He plans to start saving for retirement early. He will invest $5,000 at the end of each year for the next 45 years in a fund that will earn a return of 10 percent. How much will Jayadev have at the end of 45 years? (Round to the nearest dollar.)
$1,745,600
$5,233 ...
FIN 610 Midterm ExamInstructions Write your name on your exam.docxRAJU852744
FIN 610 Midterm Exam
Instructions: Write your name on your exam.
STUDENT NAME:______________________
The exam is individual work. It is to be your work and your work alone, with no assistance from classmates, family, friends or others.
Your completed exam is due by 11:59 PM, (upload to your Assignments folder) by March 12. Exams submitted late will be penalized 5 points for each day up to three days late.
Exams received more than three days after the due date will automatically receive an F.
Furthermore,
by proceeding with the exam you are agreeing not to share the exam content or your answers with anyone, including students who may take
FIN 610
in the future.
Please fill in (use
capital letters
) your best choice for each question on the attached answer sheet and post it in your assignment folder—by the due date----March 12
Please read the questions carefully; there may be a little more to it than might be obvious at first reading. If you find a question challenging, try to take the question in parts, working from what you know to what you are trying to solve.
Frank’s Dogs has beginning net fixed assets of $480 and ending net fixed assets of $530. Assets valued at $300 were sold during the year. Depreciation was $40. What is the amount of capital spending?
A. $10
B. $50
C. $90
D. $260
E. $390
Please use the following Income Statement and Balance sheet for Questions 2 to 6
Income Statement for Fair Company
2016
Revenue
$
9,610
less
COGS
$
6,310
less
Depreciation
$
1,370
Gross Income
$
1,930
less
S,G&A
$
-
EBIT
$
1,930
less
Interest Expense
$
630
taxable income
$
1,300
Taxes
$
455
Net Income
$
845
Balance Sheet for Fair Company
Assets
Liabilities and Shareholder Equity
2015
2016
2015
2016
Cash
310
405
Accounts Payable
2720
2570
Accounts receivable
2640
3055
Notes Payable
100
0
Inventory
3275
3850
total current
2820
2570
Pre-paid expenses
0
0
Long-term debt
7875
8100
total current
$
6,225
$
7,310
Common Stock
5000
5250
Next fixed assets (PPE)
$
10,960
10670
Retained Earnings
1490
2060
Total Assets
$
17,185
$ 17,980
$
17,185
$
17,980
What is the operating cash flow for 2016?
A. $845
B. $1,930
C. $2,215
D. $2,845
E. $3,060
The 2015 equity multiplier ratio is :
A. 11.53
B. 3.44
C. 2.65
D. 1.00
E. cannot compute with numbers given
What are the accounts receivable turnover?
A. 10.3
B. 3.44
C. 3.15
D. 3.37
E. cannot compute with numbers given
What is the debt ratio for 2016?
A. 80.7%
B. 55.0%
C. 59.3%
D. 60.7%
E. cannot compute with numbers given
What is the ROE (Return on Equity) for 2016?
A. 22.72%
B. 13.02%
C. 59.80%
D. 18.75%
E. 11.56%
The Ajax Co. just decided to save $1,500 a month for the next five years as a safety net for recessionary periods. The money will be set aside in a separate savings account which ...
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Question 1
Not yet answered
Marked out of 1.00
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Question text
Using a payback period investment criterion tends to bias us toward what kind of investments?
Select one:
a. riskier investment
b. less risky investments
c. longer-term investments
d. shorter-term investments
e. lower return investments
Question 2
Not yet answered
Marked out of 1.00
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Question text
If the cutoff point were forever, then the discounted payback rule would be the same as which of the following investment criteria?
Select one:
a. Net Present Value
b. Profitability Index
c. Average Accounting Return
d. Internal Rate of Return
e. both a and b
Question 3
Not yet answered
Marked out of 1.00
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Question text
Which of the following is NOT a disadvantage of the average accounting return criterion?
Select one:
a. it is not a true rate of return
b. it uses an arbitrary benchmark cutoff rate
c. it is based on book values and not market values
d. it may lead to incorrect decisions when comparing mutually exclusive investments
e. none of the aboveQuestion 4
Not yet answered
Marked out of 1.00
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Question text
Ultimately, a good capital budgeting criterion must tell us two things. What are they?
1. It should tell us if a particular project is a good investment.
2. If there is more than one good mutually exclusive project, it should tell us which one to take.
3. If there is more than one investment criteria used, it should tell us which one is best.
Select one:
a. I and II
b. I and III
c. II and III
d. I, II, and III
e. None of the choices are valid.Question 5
Not yet answered
Marked out of 1.00
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Question text
To break-even in an accounting sense, a firm would use the _________ investment criterion.
Select one:
a. net present value
b. profitability index
c. payback period
d. discounted payback period
e. none of the aboveQuestion 6
Not yet answered
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Question text
A project has an initial cash outlay of $750,000 and an annual cash inflow of $220,000 for the next 5 years. The assets involved in the project can be sold for $50,000 when the project is completed. The required rate of return on the project is 15%. Should the project be accepted based on the NPV rule?
Select one:
a. No, the project should not be accepted as the NPV is -$37,385.
b. No, the project should not be accepted as the NPV is -$12,526.
c. Yes, the project should be accepted as the NPV is $0.
d. Yes, the project should be accepted as the NPV is $12,333.
e. Yes, the project should be accepted as the NPV is $37,474.
uestion 7
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ABC Company has a project that will yield cash inflows of $50,000, $60,000, $70,000, $60,000, and $50,000 in the next 5 years. The project requires an initial cash outlay of $205,000 and a required return of 11%. The company uses the payback period investment criterion. Should ABC invest in this project if its payback cutoff is 4 years? ...
Description Instructions Complete final exam.Ques.docxtheodorelove43763
Description / Instructions: Complete final exam.
Question 1
Which of the following is considered a hybrid organizational form?
sole proprietorship
partnership
corporation
limited liability partnership
Question 2
Which of the following is a principal within the agency relationship?
a company engineer
the CEO of the firm
a shareholder
the board of directors
Question 3
Teakap, Inc., has current assets of $ 1,456,312 and total assets of $4,812,369 for the year ending September 30, 2006. It also has current liabilities of $1,041,012, common equity of $1,500,000, and retained earnings of $1,468,347. How much long-term debt does the firm have?
$803,010
$2,303,010
$2,123,612
$1,844,022
Question 4
Which of the following presents a summary of the changes in a firm’s balance sheet from the beginning of an accounting period to the end of that accounting period?
The statement of cash flows.
The statement of net worth.
The statement of retained earnings.
The statement of working capital.
Question 5
Efficiency ratio: Gateway Corp. has an inventory turnover ratio of 5.6. What is the firm's days's sales in inventory?
61.7 days
57.9 days
65.2 days
64.3 days
Question 6
Leverage ratio: Your firm has an equity multiplier of 2.47. What is its debt-to-equity ratio?
0
0.60
1.47
1.74
Question 7
Which of the following is not a method of “benchmarking”?
Utilize the DuPont system to analyze a firm’s performance.
Conduct an industry group analysis.
Evaluating a single firm’s performance over time.
Identify a group of firms that compete with the company being analyzed.
Question 8
Present value: Jack Robbins is saving for a new car. He needs to have $ 21,000 for the car in three years. How much will he have to invest today in an account paying 8 percent annually to achieve his target? (Round to nearest dollar.)
$26,454
$19,444
$22,680
$16,670
Question 9
PV of multiple cash flows: Ferris, Inc., has borrowed from their bank at a rate of 8 percent and will repay the loan with interest over the next five years. Their scheduled payments, starting at the end of the year are as follows—$450,000, $560,000, $750,000, $875,000, and $1,000,000. What is the present value of these payments? (Round to the nearest dollar.)
$2,815,885
$2,615,432
$2,735,200
$2,431,224
Question 10
PV of multiple cash flows: Ajax Corp. is expecting the following cash flows—$79,000, $112,000, $164,000, $84,000, and $242,000—over the next five years. If the company's opportunity cost is 15 percent, what is the present value of these cash flows? (Round to the nearest dollar.)
$429,560
$414,322
$480,906
$477,235
Question 11
Future value of an annuity: Jayadev At.
Student ID 21458913 Exam 500304RR - Cost of Capital and .docxflorriezhamphrey3065
Student ID: 21458913
Exam: 500304RR - Cost of Capital and Financial Policy
When you have completed your exam and reviewed your answers, click Submit Exam. Answers will not be recorded until you
hit Submit Exam. If you need to exit before completing the exam, click Cancel Exam.
Questions 1 to 20: Select the best answer to each question. Note that a question and its answers may be split across a page
break, so be sure that you have seen the entire question and all the answers before choosing an answer.
1. The Shoe Outlet has paid annual dividends of $.65, $.70, $.72, and $.75 per share throughout the last
four years, respectively. The stock is currently selling for $9 a share. What's this firm's cost of equity?
A. 11.79 percent
B. 13.65 percent
C. 8.74 percent
D. 9.53 percent
2. Key Motors has a cost of equity of 11.29 percent and an unlevered cost of capital of 10.4 percent. The
company has $22,000 in debt that's selling at par value. The levered value of the firm is $64,000, and the
tax rate is 34 percent. What's the pretax cost of debt?
A. 7.82 percent
B. 6.59 percent
C. 6.18 percent
D. 5.73 percent
3. Mulberry, Inc. has a weighted average cost of capital (ignoring taxes) of 20 percent. It can borrow at 10
percent. Mulberry has a target ½ debt/equity ratio. Using the M&M Proposition II, what's the cost of
equity?
A. 15 percent
B. 29 percent
C. 25 percent
D. 31 percent
4. Under the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005, how long after a firm
files for bankruptcy protection do creditors have to wait before submitting their own reorganization plan to
the court?
A. 45 days
B. 12 months
C. 180 days
D. 18 months
5. A friend approaches you with an investment opportunity—a property in an area of rapidly appreciating
property values. You can get a loan for $1 million with a $60,000 down payment. Your friend estimates
that you'll be able to sell the property in one year for $1.1 million, which means you could make $100,000
in a year, a very large annual return. Why should you be skeptical?
A. The rate of return is too high.
B. The rate of return is too low.
C. Banks can't be trusted.
D. A highly leveraged investment, such as this one, is risky.
6. What's the relationship between the WACC and the structure of the firm?
A. The lower the WACC, the higher the value of the firm to a certain point; then the relationship reverses.
B. The lower the WACC, the higher the value of the firm.
C. The lower the WACC, the lower the value of the firm.
D. There's no relationship between WACC and the value of the firm.
7. Deep Mines has 14 million shares of common stock outstanding with a beta of 1.15 and a market price
of $42 a share. There are 900,000 shares of 9 percent preferred stock outstanding, valued at $80 a share.
The 10 percent semiannual bonds have a face value of $1,000 and are selling at 91 percent of par. There
are 220,000 bonds outstanding that mature in 17 years. The marke.
!#$&$()#+,(!1. Question Which of the following isar.docxkatherncarlyle
!"#$%&$'()*#+,(
!
1. Question : Which of the following is/are true?
I. Asset management ratio indicates how effectively a firm
generates profits on sales, assets and stockholder’s equity.
II. Liquidity ratios indicate the firm’s capacity to meet its
short-term financial obligations, but not its long-term
financial obligations.
III. Profitability ratios indicate how efficiently a firm is using
its assets to generate sales.
IV. Financial leverage ratios indicate the firm’s capacity to
meet its financial obligations, both short-term and long-term.
Student Answer:
II and IV
I and II
I, II, and IV
I and III
Question 2. Question : Which of the following is/are true?
I. When a loan is amortized over a five year term, the amount
of interest paid is decreased each year.
II. The effective annual rate of interest will always be equal
to or less than the nominal annual rate of interest.
III. An annuity due is the annuity in which the payments or
receipts occur at the beginning of each period.
IV. If the present value of a given sum is equal to its future
value, then the discount rate must be zero.
Student Answer:
IV only
III & IV
II, III & IV
I, III & IV
Question 3. Question : If a firm’s current ratio is 3.0,
Student Answer:
it is possible for its quick ratio to be larger than 3.0.
its current liabilities exceed its current assets.
it is possible for its quick ratio to be smaller than 3.0.
its current liabilities equal its current assets.
Ch 3
Ch 5
Ch 3
Question 4. Question : Which of the following is/are true?
I. The shareholder wealth maximization goal states that
management should seek to maximize the present value of
the expected future returns to the owners of the firm.
II. The primary reason for the agency problem between the
stockholders and managers is because of the separation of
ownership and management.
III. Protective covenants in a company's bond indentures are
used in agency relationships involving stockholders and
creditors.
IV. The fact that no investor can expect to earn excess
returns based on an investment strategy using only historical
stock price or return information is an example of
semistrong-form market efficiency.
Student Answer:
I and IV
I, II and IV
I, II and III
All of the above
Question 5. Question : If you’re a financial manager of a MNC (U.S. based) and you
anticipate that your company will need to pay C$2 million 6
months later. If you would like to make use of either forward
or futures or options contracts to fix your exchange rate
today, what is your strategy?
Student Answer:
BUY forward/futures contracts for C$2 million or BUY
call options for C$2 million.
SELL forward/futures contracts for C$2 million or BUY
call options for C$2 million.
BUY forward/futures contracts for C$2 million or ...
Part 1 of 2 - Lesson 4 Questions20.0 50.0 PointsQuestion 1 .docxherbertwilson5999
Part 1 of 2 - Lesson 4 Questions
20.0/ 50.0 Points
Question 1 of 40
0.0/ 2.5 Points
When you pay off the principal and all of the interest at one time at the maturity date of the loan, we call this type of loan a(n):
A. amortized loan.
B. interest-only loan.
C. discount loan.
D. compound loan.
Question 2 of 40
0.0/ 2.5 Points
The furniture store offers you no-money-down on a new set of living room furniture. Further, you may pay for the furniture in three equal annual end-of-the-year payments of $1,000 each with the first payment to be made one year from today. If the discount rate is 6%, what is the present value of the furniture payments?
A. $3,183.60
B. $3,000
C. $2,833.39
D. $2,673.01
Question 3 of 40
2.5/ 2.5 Points
Your parents have an investment portfolio of $400,000, and they wish to take out cash flows of $50,000 per year as an ordinary annuity. How long will their portfolio last if the portfolio is invested at an annual rate of 4.50%? Use a calculator to determine your answer.
A. 8 years
B. 9.10 years
C. 9.60 years
D. 10.14 years
Question 4 of 40
2.5/ 2.5 Points
What is the present value of a lottery paid as an annuity due for 20 years if the cash flows are $250,000 per year and the appropriate discount rate is 7.50%?
A. $5,000,000.00
B. $3,186,045.39
C. $2,739,769.55
D. $2,548,622.84
Question 5 of 40
0.0/ 2.5 Points
What is the present value of a stream of annual end-of-the-year annuity cash flows if the discount rate is 0%, and the cash flows of $50 last for 20 years?
A. Less than $1,000
B. Exactly $1,000
C. More than $1,000
D. This question cannot be answered because we have an interest rate of 0%.
Question 6 of 40
2.5/ 2.5 Points
If you borrow $100,000 at an annual rate of 8% for a 10-year period and repay with 10 equal annual end-of-the-year payments of $14,902.95, then you have just repaid what type of loan?
A. Amortized loan
B. Interest-only loan
C. Discount loan
D. Compound loan
Question 7 of 40
0.0/ 2.5 Points
What is the future value in Year 12 of an ordinary annuity cash flow of $6,000 per year at an interest rate of 4% per year?
A. $90,154.83
B. $93,761.02
C. $28,675.97
D. $32,117.08
Question 8 of 40
0.0/ 2.5 Points
Your firm intends to finance the purchase of a new construction crane. The cost is $1,500,000. How large is the payment at the end of Year 10 if the crane is financed at a rate of 8.50% as a discount loan?
A. $228,611.56
B. $127,500
C. $3,391,475.16
D. There is not enough information to answer this question.
Question 9 of 40
0.0/ 2.5 Points
You just won the Publisher's Clearing House Sweepstakes and the right to 20 after-tax ordinary annuity cash flows of $163,291.18. Assuming a discount rate of 7.50%, what is the present value of your lottery winnings? Use a calculator to determine your answer.
A. $3,265,823.60
B. $1,789,520.81
C. $1,664,670.52
D. There is not enough information to answer this question.
Questi.
Question 1 Which of the following is considered a hybrid org.docxIRESH3
Question 1
Which of the following is considered a hybrid organizational form?
corporation
sole proprietorship
limited liability partnership
partnership
Question 2
Which of the following is a principal within the agency relationship?
the CEO of the firm
a shareholder
the board of directors
a company engineer
Question 3
Teakap, Inc., has current assets of $ 1,456,312 and total assets of $4,812,369 for the year ending September 30, 2006. It also has current liabilities of $1,041,012, common equity of $1,500,000, and retained earnings of $1,468,347. How much long-term debt does the firm have?
$1,844,022
$2,303,010
$2,123,612
$803,010
Question 4
Which of the following presents a summary of the changes in a firm’s balance sheet from the beginning of an accounting period to the end of that accounting period?
The statement of working capital.
The statement of cash flows.
The statement of retained earnings.
The statement of net worth.
Question 5
Efficiency ratio: Gateway Corp. has an inventory turnover ratio of 5.6. What is the firm's days's sales in inventory?
57.9 days
64.3 days
65.2 days
61.7 days
Question 6
Leverage ratio: Your firm has an equity multiplier of 2.47. What is its debt-to-equity ratio?
1.47
0
1.74
0.60
Question 7
Which of the following is not a method of “benchmarking”?
Evaluating a single firm’s performance over time.
Identify a group of firms that compete with the company being analyzed.
Utilize the DuPont system to analyze a firm’s performance.
Conduct an industry group analysis.
Question 8
Present value: Jack Robbins is saving for a new car. He needs to have $ 21,000 for the car in three years. How much will he have to invest today in an account paying 8 percent annually to achieve his target? (Round to nearest dollar.)
$26,454
$16,670
$19,444
$22,680
estion 9
PV of multiple cash flows: Ferris, Inc., has borrowed from their bank at a rate of 8 percent and will repay the loan with interest over the next five years. Their scheduled payments, starting at the end of the year are as follows—$450,000, $560,000, $750,000, $875,000, and $1,000,000. What is the present value of these payments? (Round to the nearest dollar.)
$2,615,432
$2,815,885
$2,431,224
$2,735,200
Question 10
PV of multiple cash flows: Ajax Corp. is expecting the following cash flows—$79,000, $112,000, $164,000, $84,000, and $242,000—over the next five years. If the company's opportunity cost is 15 percent, what is the present value of these cash flows? (Round to the nearest dollar.)
$480,906
$414,322
$429,560
$477,235
Question 11
Future value of an annuity: Jayadev Athreya has started on his first job. He plans to start saving for retirement early. He will invest $5,000 at the end of each year for the next 45 years in a fund that will earn a return of 10 percent. How much will Jayadev have at the end of 45 years? (Round to the nearest dollar.)
$1,745,600
$5,233 ...
FIN 610 Midterm ExamInstructions Write your name on your exam.docxRAJU852744
FIN 610 Midterm Exam
Instructions: Write your name on your exam.
STUDENT NAME:______________________
The exam is individual work. It is to be your work and your work alone, with no assistance from classmates, family, friends or others.
Your completed exam is due by 11:59 PM, (upload to your Assignments folder) by March 12. Exams submitted late will be penalized 5 points for each day up to three days late.
Exams received more than three days after the due date will automatically receive an F.
Furthermore,
by proceeding with the exam you are agreeing not to share the exam content or your answers with anyone, including students who may take
FIN 610
in the future.
Please fill in (use
capital letters
) your best choice for each question on the attached answer sheet and post it in your assignment folder—by the due date----March 12
Please read the questions carefully; there may be a little more to it than might be obvious at first reading. If you find a question challenging, try to take the question in parts, working from what you know to what you are trying to solve.
Frank’s Dogs has beginning net fixed assets of $480 and ending net fixed assets of $530. Assets valued at $300 were sold during the year. Depreciation was $40. What is the amount of capital spending?
A. $10
B. $50
C. $90
D. $260
E. $390
Please use the following Income Statement and Balance sheet for Questions 2 to 6
Income Statement for Fair Company
2016
Revenue
$
9,610
less
COGS
$
6,310
less
Depreciation
$
1,370
Gross Income
$
1,930
less
S,G&A
$
-
EBIT
$
1,930
less
Interest Expense
$
630
taxable income
$
1,300
Taxes
$
455
Net Income
$
845
Balance Sheet for Fair Company
Assets
Liabilities and Shareholder Equity
2015
2016
2015
2016
Cash
310
405
Accounts Payable
2720
2570
Accounts receivable
2640
3055
Notes Payable
100
0
Inventory
3275
3850
total current
2820
2570
Pre-paid expenses
0
0
Long-term debt
7875
8100
total current
$
6,225
$
7,310
Common Stock
5000
5250
Next fixed assets (PPE)
$
10,960
10670
Retained Earnings
1490
2060
Total Assets
$
17,185
$ 17,980
$
17,185
$
17,980
What is the operating cash flow for 2016?
A. $845
B. $1,930
C. $2,215
D. $2,845
E. $3,060
The 2015 equity multiplier ratio is :
A. 11.53
B. 3.44
C. 2.65
D. 1.00
E. cannot compute with numbers given
What are the accounts receivable turnover?
A. 10.3
B. 3.44
C. 3.15
D. 3.37
E. cannot compute with numbers given
What is the debt ratio for 2016?
A. 80.7%
B. 55.0%
C. 59.3%
D. 60.7%
E. cannot compute with numbers given
What is the ROE (Return on Equity) for 2016?
A. 22.72%
B. 13.02%
C. 59.80%
D. 18.75%
E. 11.56%
The Ajax Co. just decided to save $1,500 a month for the next five years as a safety net for recessionary periods. The money will be set aside in a separate savings account which ...
Fin 401 Inspiring Innovation--tutorialrank.comPrescottLunt400
For more course tutorials visit
www.tutorialrank.com
By monday, February 23, 2015 solve the problem below, calculate the ratios, interpret the results against the industry average, and fill in the table on the worksheet. Then, provide an analysis of how those results can be used by the business to improve its performance.
Balance Sheet as of December 31, 2010
Gary and Company
This document contains solutions to homework questions for BUSI 530 classes. It includes 27 multiple choice and calculation questions related to accounting, finance, and business topics. The questions cover concepts like balance sheets, income statements, taxation, present and future value of cash flows, stocks, bonds, capital budgeting, and net present value.
This document contains 14 multiple choice questions from a homework assignment for BUSI 530. The questions cover topics such as calculating present and future values using different interest rates, compound interest, effective annual interest rates, doubling time, rates of return, annuity payments, net present value, and treasury bonds.
Busi 530 Enthusiastic Study / snaptutorial.comGeorgeDixon82
This document contains solutions to homework questions for BUSI 530 classes. It includes 27 multiple choice and calculation questions related to topics like accounting, finance, ratios, time value of money, bonds, and stock valuation. The questions provide data and ask students to perform calculations and select answers. The document aims to help students by providing step-by-step solutions to the homework problems.
This document contains 14 multiple choice questions from a homework assignment for BUSI 530. The questions cover topics such as calculating present and future values using different interest rates, compound interest, effective annual interest rates, doubling time, rates of return, annuity payments, net present value, and treasury bonds.
This document provides answers to questions from a FIN 200 CheckPoint Week Eight Quiz. It includes 8 multiple choice questions related to finance topics like hedging interest rate risk, LIBOR rates, corporate bonds, commercial paper, present and future value of money, and asset-backed securities. A link is provided to download the full tutorial.
Fin 401 Enthusiastic Study / snaptutorial.comStephenson093
By monday, February 23, 2015 solve the problem below, calculate the ratios, interpret the results against the industry average, and fill in the table on the worksheet. Then, provide an analysis of how those results can be used by the business to improve its performance.
Balance Sheet as of December 31, 2010
This document contains information for several assignments related to corporate finance. It includes financial statements, calculations, and analysis for ratio analysis, cash management, time value of money, weighted average cost of capital, capital budgeting, and risk adjustment. The assistant is asked to evaluate projects, calculate and interpret various financial ratios and metrics, and provide recommendations for improving business performance and investment decisions.
Fin 401 Massive Success / snaptutorial.comNorrisMistryzg
This document contains information and questions for several finance assignments related to ratio analysis, cash management, time value of money, weighted average cost of capital, and capital budgeting. It provides company financial statements, background information, and specific calculation and analysis questions regarding profitability ratios, cash flows, present and future values, cost of capital components, and project evaluation techniques. The student is asked to calculate various ratios, values, and costs, interpret the results, and recommend acceptance or rejection of potential investment projects based on net present value and internal rate of return.
BUS 401 Week 1 DQ 2 Cash Flow and Ratio Analysis.docx
BUS 401 Week 1 Quiz.docx
BUS 401 Week 2 DQ 1 Annuity and Capital Asset Pricing.docx
BUS 401 Week 2 DQ 2 Bonds and Common Stock.docx
BUS 401 Week 2 Quiz.docx
BUS 401 Week 3 DQ 1 NPV, PI, and IRR.docx
BUS 401 Week 3 DQ 2 Cost of Debt.docx
BUS 401 Week 3 Quiz.docx
BUS 401 Week 4 DQ 1 Leverage.docx
BUS 401 Week 4 DQ 2 Dividend Policies.docx
BUS 401 Week 4 Quiz.docx
DQ 2
Cash Flow and Ratio Analysis
From Chapters 3 and 4 complete Study Problems 3-2 (page 85) and 4-2 (page 122) and post the answers to the discussion board. Remember to complete all parts of the problems and report the results of your analysis. Do not forget to show the necessary steps and explain how your attained that outcome. Respond to at least two of your classmates’ postings.
Bonds and Common Stock
From Chapters 7 and 8 complete Study Problems 7-8 (pages 224-225) and 8-16 (page 253) and post the answers to the discussion board. Remember to complete all parts of the problems and report the results of your analysis. Do not forget to show the necessary steps and explain how your attained that outcome. Respond to at least two of your classmates’ postings.
7-8. (Bond valuation) ExxonMobil 20-year bonds pay 9 percent interest annually on a $1,000 par value. If bonds sell at $945, what is the bonds’ expected rate of return?
Annual interest: $90
Annual amortization of purchase discount: $55/20yrs. = $2.75
Total annual return: $92.75
Annual Yield: 92.75/945 = 9.788%
8-16. (Common stock valuation) The common stock of NCP paid $1.32 in dividends last year. Dividends are expected to grow at an 8 percent annual rate for an indefinite number of years.
How To Stay Calm During Exam And Term Paper WritiDustin Pytko
The document provides instructions for students on how to request writing assistance from HelpWriting.net, including creating an account, completing an order form with instructions and deadline, and reviewing bids from writers to select one and authorize payment after receiving a draft of the paper. The process aims to ensure students receive original, high-quality content and can request revisions until satisfied.
ACCT 3220
Fall 2013
Group Exercise #4
Sapienti Co. sells $400,000 of 12% bonds on June 1, 2014, the contract date. The bonds pay interest on December 1 and June 1. The due date of the bonds is June 1, 2018. The bonds yield 10%. After the second interest payment, Sapienti buys back the bonds when the market interest rate is 8%.
Required:
1. Record the journal entry for the issuance of the bond.
2. Record the journal entry for the first interest payment.
3. Record the journal entry on December 31, 2014.
4. Record the journal entry for the second interest payment.
5. Record the journal entry for the buy back of the bonds.
1
Question: If inflation is anticipated to be 5 percent during the next year, while the real rate of interest for a one-year loan is 5 percent, then what should the nominal rate of interest be for a risk-free one-year loan?
A
5 percent
B
10 percent
C
25 percent
D
None of the above
2
Question: Which one of the following statements is not true?
A
The value of a dollar invested at a positive interest rate grows over time
B
The further in the future you receive a dollar, the less it is worth today
C
A dollar in hand today is worth more than a dollar to be received in the future
D
The further in the future you receive a dollar, the more it is worth today
3
Question: Efficiency ratio: Jet, Inc., has net sales of $712,478 and accounts receivables of $167,435. What are the firm's accounts receivables turnover and days' sales outstanding?
A
0.24 times; 78.5 days
B
4.26 times; 85.7 days
C
5.2 times; 61.3 days
D
None of the above
4
Question: If you have loaned capital to a firm, then you could be
A
A shareholder
B
A stakeholder
C
A partner
D
All of the above
5
Question: Which one of the following is not an advantage of using ROE as a goal?
A
ROE is highly correlated with shareholder wealth maximization
B
ROE and the DuPont analysis allow management to break down the performance and identify areas of strengths and weaknesses
C
ROE does not consider risk
D
All of the above are advantages of using ROE as a goal
6
Question: The future value of multiple cash flows is
A
Greater than the sum of the cash flows
B
Equal to the sum of all the cash flows
C
Less than the sum of the cash flows
D
None of the above
7
Question: The major players in the direct financial markets are
A
Investment banks
B
Money center banks
C
Regional banks
D
Both A and B
8
Question: One of the main services offered by investment banks to companies is
A
Helping companies sell new debt or equity issues in the security markets
B
Making loans to companies
C
Taking deposits from companies
D
All of the above
9
Question: Shane Matthews has invested in an investment that will pay him $6,200, $6,450, $7,225, and $7,500 over the next four years. If his opportunity cost is 10 percent, what is the future value of the cash flows he will receive? (Round to the nearest dollar.)
A
$27,150
B
$29,900
C
$30,455
D
$3.
This document contains 16 questions from BUSI 530 Week 1 Homework 1 (solutions). The questions cover topics like constructing a balance sheet, calculating tax rates, analyzing changes in retained earnings and dividends, and calculating financial ratios. The document also provides information about homework solutions for weeks 2 through 4 being available online and advertises a website for additional business classes.
Fin 401 Teaching Effectively--tutorialrank.comSoaps108
For more course tutorials visit
www.tutorialrank.com
By monday, February 23, 2015 solve the problem below, calculate the ratios, interpret the results against the industry average, and fill in the table on the worksheet. Then, provide an analysis of how those results can be used by the business to improve its performance.
Balance Sheet as of December 31, 2010
Gary and Company
The document discusses six schools of management theory: 1) The Management Process School views management as a process of getting things done through organized groups. 2) The Empirical School views theory as a study of experience. 3) The Quantitative School applies mathematics and research. 4) The Behavioral School focuses on individual and group behavior. 5) The Systems School views the organization as a system. 6) The Contingency School says there is no one best way to manage and the approach depends on circumstances. The management theory field can be disentangled by focusing on management content alone and integrating insights from other disciplines.
This document contains a 10 question quiz on topics related to corporate finance and capital budgeting. It includes questions about calculating cash flows, investment project evaluation methods like net present value and internal rate of return, and the cost of capital. The quiz also contains questions about capital structure, the time value of money, and depreciation.
This document contains an engineering economics homework assignment from Zarqa University. It includes 14 questions about time value of money concepts like simple vs. compound interest, calculating rates of return, and using the rule of 72. The questions cover cash flows, loans, certificates of deposit, and investment growth over various time periods at given interest rates. Students are asked to define terms, calculate amounts, draw cash flow diagrams, and estimate doubling/quadrupling times using the rule of 72.
Mr. Bush, a 45-year-old middle school teacher arrives at the emergen.docxaudeleypearl
Mr. Bush, a 45-year-old middle school teacher arrives at the emergency department by EMS ground transport after he experienced severe mid-sternal chest pain at work. On arrival to the ED:
a. What priority interventions would you initiate?
b. What information would you require to definitively determine what was causing Mr. Bush’s chest pain?
.
Movie Project Presentation Movie TroyInclude Architecture i.docxaudeleypearl
Movie Project Presentation: Movie: Troy
Include: Architecture in the movie. Historical research to figure out if the movie did a good job of representing the art historical past of not. Anything in the movie that are related to art or art history. And provide its outline and bibliography (any website source is acceptable as well)
.
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For more course tutorials visit
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By monday, February 23, 2015 solve the problem below, calculate the ratios, interpret the results against the industry average, and fill in the table on the worksheet. Then, provide an analysis of how those results can be used by the business to improve its performance.
Balance Sheet as of December 31, 2010
Gary and Company
This document contains solutions to homework questions for BUSI 530 classes. It includes 27 multiple choice and calculation questions related to accounting, finance, and business topics. The questions cover concepts like balance sheets, income statements, taxation, present and future value of cash flows, stocks, bonds, capital budgeting, and net present value.
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Busi 530 Enthusiastic Study / snaptutorial.comGeorgeDixon82
This document contains solutions to homework questions for BUSI 530 classes. It includes 27 multiple choice and calculation questions related to topics like accounting, finance, ratios, time value of money, bonds, and stock valuation. The questions provide data and ask students to perform calculations and select answers. The document aims to help students by providing step-by-step solutions to the homework problems.
This document contains 14 multiple choice questions from a homework assignment for BUSI 530. The questions cover topics such as calculating present and future values using different interest rates, compound interest, effective annual interest rates, doubling time, rates of return, annuity payments, net present value, and treasury bonds.
This document provides answers to questions from a FIN 200 CheckPoint Week Eight Quiz. It includes 8 multiple choice questions related to finance topics like hedging interest rate risk, LIBOR rates, corporate bonds, commercial paper, present and future value of money, and asset-backed securities. A link is provided to download the full tutorial.
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By monday, February 23, 2015 solve the problem below, calculate the ratios, interpret the results against the industry average, and fill in the table on the worksheet. Then, provide an analysis of how those results can be used by the business to improve its performance.
Balance Sheet as of December 31, 2010
This document contains information for several assignments related to corporate finance. It includes financial statements, calculations, and analysis for ratio analysis, cash management, time value of money, weighted average cost of capital, capital budgeting, and risk adjustment. The assistant is asked to evaluate projects, calculate and interpret various financial ratios and metrics, and provide recommendations for improving business performance and investment decisions.
Fin 401 Massive Success / snaptutorial.comNorrisMistryzg
This document contains information and questions for several finance assignments related to ratio analysis, cash management, time value of money, weighted average cost of capital, and capital budgeting. It provides company financial statements, background information, and specific calculation and analysis questions regarding profitability ratios, cash flows, present and future values, cost of capital components, and project evaluation techniques. The student is asked to calculate various ratios, values, and costs, interpret the results, and recommend acceptance or rejection of potential investment projects based on net present value and internal rate of return.
BUS 401 Week 1 DQ 2 Cash Flow and Ratio Analysis.docx
BUS 401 Week 1 Quiz.docx
BUS 401 Week 2 DQ 1 Annuity and Capital Asset Pricing.docx
BUS 401 Week 2 DQ 2 Bonds and Common Stock.docx
BUS 401 Week 2 Quiz.docx
BUS 401 Week 3 DQ 1 NPV, PI, and IRR.docx
BUS 401 Week 3 DQ 2 Cost of Debt.docx
BUS 401 Week 3 Quiz.docx
BUS 401 Week 4 DQ 1 Leverage.docx
BUS 401 Week 4 DQ 2 Dividend Policies.docx
BUS 401 Week 4 Quiz.docx
DQ 2
Cash Flow and Ratio Analysis
From Chapters 3 and 4 complete Study Problems 3-2 (page 85) and 4-2 (page 122) and post the answers to the discussion board. Remember to complete all parts of the problems and report the results of your analysis. Do not forget to show the necessary steps and explain how your attained that outcome. Respond to at least two of your classmates’ postings.
Bonds and Common Stock
From Chapters 7 and 8 complete Study Problems 7-8 (pages 224-225) and 8-16 (page 253) and post the answers to the discussion board. Remember to complete all parts of the problems and report the results of your analysis. Do not forget to show the necessary steps and explain how your attained that outcome. Respond to at least two of your classmates’ postings.
7-8. (Bond valuation) ExxonMobil 20-year bonds pay 9 percent interest annually on a $1,000 par value. If bonds sell at $945, what is the bonds’ expected rate of return?
Annual interest: $90
Annual amortization of purchase discount: $55/20yrs. = $2.75
Total annual return: $92.75
Annual Yield: 92.75/945 = 9.788%
8-16. (Common stock valuation) The common stock of NCP paid $1.32 in dividends last year. Dividends are expected to grow at an 8 percent annual rate for an indefinite number of years.
How To Stay Calm During Exam And Term Paper WritiDustin Pytko
The document provides instructions for students on how to request writing assistance from HelpWriting.net, including creating an account, completing an order form with instructions and deadline, and reviewing bids from writers to select one and authorize payment after receiving a draft of the paper. The process aims to ensure students receive original, high-quality content and can request revisions until satisfied.
ACCT 3220
Fall 2013
Group Exercise #4
Sapienti Co. sells $400,000 of 12% bonds on June 1, 2014, the contract date. The bonds pay interest on December 1 and June 1. The due date of the bonds is June 1, 2018. The bonds yield 10%. After the second interest payment, Sapienti buys back the bonds when the market interest rate is 8%.
Required:
1. Record the journal entry for the issuance of the bond.
2. Record the journal entry for the first interest payment.
3. Record the journal entry on December 31, 2014.
4. Record the journal entry for the second interest payment.
5. Record the journal entry for the buy back of the bonds.
1
Question: If inflation is anticipated to be 5 percent during the next year, while the real rate of interest for a one-year loan is 5 percent, then what should the nominal rate of interest be for a risk-free one-year loan?
A
5 percent
B
10 percent
C
25 percent
D
None of the above
2
Question: Which one of the following statements is not true?
A
The value of a dollar invested at a positive interest rate grows over time
B
The further in the future you receive a dollar, the less it is worth today
C
A dollar in hand today is worth more than a dollar to be received in the future
D
The further in the future you receive a dollar, the more it is worth today
3
Question: Efficiency ratio: Jet, Inc., has net sales of $712,478 and accounts receivables of $167,435. What are the firm's accounts receivables turnover and days' sales outstanding?
A
0.24 times; 78.5 days
B
4.26 times; 85.7 days
C
5.2 times; 61.3 days
D
None of the above
4
Question: If you have loaned capital to a firm, then you could be
A
A shareholder
B
A stakeholder
C
A partner
D
All of the above
5
Question: Which one of the following is not an advantage of using ROE as a goal?
A
ROE is highly correlated with shareholder wealth maximization
B
ROE and the DuPont analysis allow management to break down the performance and identify areas of strengths and weaknesses
C
ROE does not consider risk
D
All of the above are advantages of using ROE as a goal
6
Question: The future value of multiple cash flows is
A
Greater than the sum of the cash flows
B
Equal to the sum of all the cash flows
C
Less than the sum of the cash flows
D
None of the above
7
Question: The major players in the direct financial markets are
A
Investment banks
B
Money center banks
C
Regional banks
D
Both A and B
8
Question: One of the main services offered by investment banks to companies is
A
Helping companies sell new debt or equity issues in the security markets
B
Making loans to companies
C
Taking deposits from companies
D
All of the above
9
Question: Shane Matthews has invested in an investment that will pay him $6,200, $6,450, $7,225, and $7,500 over the next four years. If his opportunity cost is 10 percent, what is the future value of the cash flows he will receive? (Round to the nearest dollar.)
A
$27,150
B
$29,900
C
$30,455
D
$3.
This document contains 16 questions from BUSI 530 Week 1 Homework 1 (solutions). The questions cover topics like constructing a balance sheet, calculating tax rates, analyzing changes in retained earnings and dividends, and calculating financial ratios. The document also provides information about homework solutions for weeks 2 through 4 being available online and advertises a website for additional business classes.
Fin 401 Teaching Effectively--tutorialrank.comSoaps108
For more course tutorials visit
www.tutorialrank.com
By monday, February 23, 2015 solve the problem below, calculate the ratios, interpret the results against the industry average, and fill in the table on the worksheet. Then, provide an analysis of how those results can be used by the business to improve its performance.
Balance Sheet as of December 31, 2010
Gary and Company
The document discusses six schools of management theory: 1) The Management Process School views management as a process of getting things done through organized groups. 2) The Empirical School views theory as a study of experience. 3) The Quantitative School applies mathematics and research. 4) The Behavioral School focuses on individual and group behavior. 5) The Systems School views the organization as a system. 6) The Contingency School says there is no one best way to manage and the approach depends on circumstances. The management theory field can be disentangled by focusing on management content alone and integrating insights from other disciplines.
This document contains a 10 question quiz on topics related to corporate finance and capital budgeting. It includes questions about calculating cash flows, investment project evaluation methods like net present value and internal rate of return, and the cost of capital. The quiz also contains questions about capital structure, the time value of money, and depreciation.
This document contains an engineering economics homework assignment from Zarqa University. It includes 14 questions about time value of money concepts like simple vs. compound interest, calculating rates of return, and using the rule of 72. The questions cover cash flows, loans, certificates of deposit, and investment growth over various time periods at given interest rates. Students are asked to define terms, calculate amounts, draw cash flow diagrams, and estimate doubling/quadrupling times using the rule of 72.
Similar to QUESTION 11. If current market interest rates rise, what will ha.docx (20)
Mr. Bush, a 45-year-old middle school teacher arrives at the emergen.docxaudeleypearl
Mr. Bush, a 45-year-old middle school teacher arrives at the emergency department by EMS ground transport after he experienced severe mid-sternal chest pain at work. On arrival to the ED:
a. What priority interventions would you initiate?
b. What information would you require to definitively determine what was causing Mr. Bush’s chest pain?
.
Movie Project Presentation Movie TroyInclude Architecture i.docxaudeleypearl
Movie Project Presentation: Movie: Troy
Include: Architecture in the movie. Historical research to figure out if the movie did a good job of representing the art historical past of not. Anything in the movie that are related to art or art history. And provide its outline and bibliography (any website source is acceptable as well)
.
Motivation and Retention Discuss the specific strategies you pl.docxaudeleypearl
Motivation and Retention
Discuss the specific strategies you plan to use to motivate individuals from your priority
population to participate in your program and continue working on their behavior change.
You can refer to information you obtained from the Potential Participant Interviews. You
also can search the literature for strategies that have been successfully used in similar
situations; be sure to cite references in APA format.
.
Mother of the Year In recognition of superlative paren.docxaudeleypearl
The document discusses Facebook's decision in 2015 to change the "like" button on the platform. It describes how Chris Cox, Facebook's chief product officer, led discussions about overhauling the button. The like button had become a blunt tool, and Cox wanted to expand the range of emotions that users could express beyond just "liking" something. This would become the "Reactions" feature, allowing responses like love, haha, wow, sad, and angry. The change took over a year to develop and test before being publicly launched.
Mrs. G, a 55 year old Hispanic female, presents to the office for he.docxaudeleypearl
Mrs. G, a 55 year old Hispanic female, presents to the office for her annual exam. She reports that lately she has been very fatigued and just does not seem to have any energy. This has been occurring for 3 months. She is also gaining weight since menopause last year. She joined a gym and forces herself to go twice a week, where she walks on the treadmill at least 30 minutes but she has not lost any weight, in fact she has gained 3 pounds. She doesn’t understand what she is doing wrong. She states that exercise seems to make her even more hungry and thirsty, which is not helping her weight loss. She wants get a complete physical and to discuss why she is so tired and get some weight loss advice. She also states she thinks her bladder has fallen because she has to go to the bathroom more often, recently she is waking up twice a night to urinate and seems to be urinating more frequently during the day. This has been occurring for about 3 months too. This is irritating to her, but she is able to fall immediately back to sleep.
Current medications:
Tylenol 500 mg 2 tabs daily for knee pain. Daily multivitamin
PMH:
Has left knee arthritis. Had chick pox and mumps as a child. Vaccinations up to
date.
GYN hx:
G2 P1. 1 SAB, 1 living child, full term, wt 9lbs 2 oz. LMP 15months ago. No history of abnormal Pap smear.
FH:
parents alive, well, child alive, well. No siblings. Mother has HTN and father has high cholesterol.
SH:
works from home part time as a planning coordinator. Married. No tobacco history, 1-2 glasses wine on weekends. No illicit drug use
Allergies
: NKDA, allergic to cats and pollen. No latex allergy
Vital signs
: BP 129/80; pulse 76, regular; respiration 16, regular
Height 5’2.5”, weight 185 pounds
General:
obese female in no acute distress. Alert, oriented and cooperative.
Skin
: warm dry and intact. No lesions noted
HEENT:
head normocephalic. Hair thick and distribution throughout scalp. Eyes without exudate, sclera white. Wears contacts. Tympanic membranes gray and intact with light reflex noted. Pinna and tragus nontender. Nares patent without exudate. Oropharynx moist without erythema. Teeth in good repair, no cavities noted. Neck supple. Anterior cervical lymph nontender to palpation. No lymphadenopathy. Thyroid midline, small and firm without palpable masses.
CV
: S1 and S2 RRR without murmurs or rubs
Lungs
: Clear to auscultation bilaterally, respirations unlabored.
Abdomen
- soft, round, nontender with positive bowel sounds present; no organomegaly; no abdominal bruits. No CVAT.
Labwork:
CBC
:
WBC 6,000/mm3 Hgb 12.5 gm/dl Hct 41% RBC 4.6 million MCV 88 fl MCHC
34 g/dl RDW 13.8%
UA:
pH 5, SpGr 1.013, Leukocyte esterase negative, nitrites negative, 1+ glucose; small protein; negative for ketones
CMP:
Sodium 139
Potassium 4.3
Chloride 100
CO2 29
Glucose 95
BUN 12
Creatinine 0.7
GFR est non-AA 92 mL/min/1.73 GFR est AA 101 mL/min/1.73 Calcium 9.5
Total protein 7.6 Bilirubin, total 0.6 Alkaline.
Mr. Rivera is a 72-year-old patient with end stage COPD who is in th.docxaudeleypearl
Mr. Rivera is a 72-year-old patient with end stage COPD who is in the care of Hospice. He has a history of smoking, hypertension, obesity, and type 2 Diabetes. He is on Oxygen 2L per nasal cannula around the clock. His wife and 2 adult children help with his care. Develop a concept map for Mr. Rivera. Consider the patients Ethnic background (he and his family are from Mexico) and family dynamics. Please use the
concept map
form provided.
.
Mr. B, a 40-year-old avid long-distance runner previously in goo.docxaudeleypearl
Mr. B, a 40-year-old avid long-distance runner previously in good health, presented to his primary provider for a yearly physical examination, during which a suspicious-looking mole was noticed on the back of his left arm, just proximal to the elbow. He reported that he has had that mole for several years, but thinks that it may have gotten larger over the past two years. Mr. B reported that he has noticed itchiness in the area of this mole over the past few weeks. He had multiple other moles on his back, arms, and legs, none of which looked suspicious. Upon further questioning, Mr. B reported that his aunt died in her late forties of skin cancer, but he knew no other details about her illness. The patient is a computer programmer who spends most of the work week indoors. On weekends, however, he typically goes for a 5-mile run and spends much of his afternoons gardening. He has a light complexion, blonde hair, and reports that he sunburns easily but uses protective sunscreen only sporadically.
Physical exam revealed: Head, neck, thorax, and abdominal exams were normal, with the exception of a hard, enlarged, non-tender mass felt in the left axillary region. In addition, a 1.6 x 2.8 cm mole was noted on the dorsal upper left arm. The lesion had an appearance suggestive of a melanoma. It was surgically excised with 3 mm margins using a local anesthetic and sent to the pathology laboratory for histologic analysis. The biopsy came back Stage II melanoma.
1. How is Stage II melanoma treated and according to the research how effective is this treatment?
250 words.
.
Moving members of the organization through the change process ca.docxaudeleypearl
Moving members of the organization through the change process can be quite difficult. As leaders take on this challenge of shifting practice from the current state to the future, they face the obstacles of confidence and competence experienced by staff. Change leaders understand the importance of recognizing their moral purpose and helping others to do the same. Effective leaders foster moral purpose by building relationships, considering other’s perspectives, demonstrating respect, connecting others, and examining progress (Fullan & Quinn, 2016). For this Discussion, you will clarify your own moral perspective and how it will impact the elements of focusing direction.
To prepare:
· Review the Adams and Miskell article. Reflect on the measures taken in building capacity throughout the organization.
· Review Fullan and Quinn’s elements of Focusing Direction in Chapter 2. Reflect on aspects needed to build capacity as a leader.
· Analyze the two case examples used to illustrate focused direction in Chapter 2.
· Clarify your own moral purpose, combining your personal values, persistence, emotional intelligence, and resilience.
A brief summary clarifying your own moral imperative.
· Using the guiding questions in Chapter 2 on page 19, explain your moral imperative and how you can use your strengths to foster moral imperative in others.
· Based on Fullan’s information on change leadership, in which areas do you feel you have strong leadership skills? Which areas do you feel you need to continue to develop?
Learning Resources
Required Readings
Fullan, M., & Quinn, J. (2016).
Coherence: The right drivers in action for schools, districts, and systems
. Thousand Oaks, CA: Corwin.
Chapter 2, “Focusing Direction” (pp. 17–46)
Florian, L. (Ed.). (2014).
The SAGE handbook of special education
(2nd ed.). London, England: Sage Publications Ltd.
Chapter 23, “Researching Inclusive Classroom Practices: The Framework for Participation” (389–404)
Chapter 31, “Assessment for Learning and the Journey Towards Inclusion” (pp. 523–536)
Adams, C.M., & Miskell, R.C. (2016). Teacher trust in district administration: A promising line of inquiry. Journal of Leadership for Effective and Equitable Organizations, 1-32. DOI: 10.1177/0013161X1665220
Choi, J. H., Meisenheimer, J. M., McCart, A. B., & Sailor, W. (2016). Improving learning for all students through equity-based inclusive reform practices effectiveness of a fully integrated school-wide model on student reading and math achievement. Remedial and Special Education, doi:10.1177/0741932516644054
Sailor, W. S., & McCart, A. B. (2014). Stars in alignment. Research and Practice for Persons with Severe Disabilities, 39(1), 55-64. doi: 10.1177/1540796914534622
Required Media
Grand City Community
Laureate Education (Producer) (2016c).
Tracking data
[Video file]. Baltimore, MD: Author.
Go to the Grand City Community and click into
Grand City School District Administration Offices
. Revie.
Mr. Friend is acrime analystwith the SantaCruz, Califo.docxaudeleypearl
Mr. Friend is a
crime analyst
with the Santa
Cruz, California,
Police
Department.
Predictive Policing: Using Technology to Reduce Crime
By Zach Friend, M.P.P.
4/9/2013
Nationwide law enforcement agencies face the problem
of doing more with less. Departments slash budgets
and implement furloughs, while management struggles
to meet the public safety needs of the community. The
Santa Cruz, California, Police Department handles the
same issues with increasing property crimes and
service calls and diminishing staff. Unable to hire more
officers, the department searched for a nontraditional
solution.
In late 2010 researchers published a paper that the
department believed might hold the answer. They
proposed that it was possible to predict certain crimes,
much like scientists forecast earthquake aftershocks.
An “aftercrime” often follows an initial crime. The time and location of previous criminal activity helps to
determine future offenses. These researchers developed an algorithm (mathematical procedure) that
calculates future crime locations.1
Equalizing Resources
The Santa Cruz Police Department has 94 sworn officers and serves a population of 60,000. A
university, amusement park, and beach push the seasonal population to 150,000. Department personnel
contacted a Santa Clara University professor to apply the algorithm, hoping that leveraging technology
would improve their efforts. The police chief indicated that the department could not hire more officers.
He felt that the program could allocate dwindling resources more efficiently.
Santa Cruz police envisioned deploying officers by shift to the most targeted locations in the city. The
predictive policing model helped to alert officers to targeted locations in real time, a significant
improvement over traditional tactics.
Making it Work
The algorithm is a culmination of anthropological and criminological behavior research. It uses complex
mathematics to estimate crime and predict future hot spots. Researchers based these studies on
In Depth
Featured Articles
- IAFIS Identifies Suspect from 1978 Murder Case
- Predictive Policing: Using Technology to Reduce
Crime
- Legal Digest Part 1 - Part 2
Search Warrant Execution: When Does Detention Rise to
Custody?
- Perspective
Public Safety Consolidation: Does it Make Sense?
- Leadership Spotlight
Leadership Lessons from Home
Archive
- Web and Print
Departments
- Bulletin Notes - Bulletin Honors
- ViCAP Alerts - Unusual Weapons
- Bulletin Reports
Topics in the News
See previous LEB content on:
- Hostage Situations - Crisis Management
- School Violence - Psychopathy
About LEB
- History - Author Guidelines (pdf)
- Editorial Staff - Editorial Release Form (pdf)
Patch Call
Known locally as the
“Gateway to the Summit,”
which references the city’s
proximity to the Bechtel Family
National Scout Reserve. More
The patch of the Miamisburg,
Ohio, Police Department
prominently displays the city
seal surroun.
Mr. E is a pleasant, 70-year-old, black, maleSource Self, rel.docxaudeleypearl
Mr. E is a pleasant, 70-year-old, black, male
Source: Self, reliable source
Subjective:
Chief complaint:
“I urinate frequently.”
HPI:
Patient states that he has had an increase in urination for the past several years, which seems to be worsening over the past year. He estimates that he urinates clear/light yellow urine approximately every 1.5-2 hours while awake and is up 2-4 times at night to urinate. He states some urgency and hesitancy with urination and feeling of incomplete voiding. He denies any pain or blood. Denies any head trauma. Denies any increase in thirst or hunger. He denies any unintentional weight loss.
Allergies
: NKA
Current Mediations
:
Multivitamin, daily
Aspirin, 81 mg, daily
Olmesartan, 20 mg daily
Atorvastatin, 10 mg daily
Diphenhydramine, 50 mg, at night
Pertinent History:
Hypertension, hyperlipidemia, insomnia
Health Maintenance. Immunizations:
Immunizations up to date
Family History:
No cancer, cardiac, pulmonary or autoimmune disease in immediate family members
Social History:
Patient lives alone. He drinks one cup of caffeinated coffee each morning at the local diner. He denies any nicotine, alcohol or drug use.
ROS:
Incorporated into HPI
Objective:
VS
– BP: 118/68, HR: 86, RR: 16, Temp 97.6, oxygenation 100%, weight: 195 lbs, height: 70 inches.
Mr. E is alert, awake, oriented x 3. Patient is clean and dressed appropriate for age.
Cardiac: No cardiomegaly or thrills; regular rate and rhythm, no murmur or gallop
Respiratory: Clear to auscultation
Abdomen: Bowel sounds positive. Soft, nontender, nondistended, no hepatomegaly
Neuro: CN 2-12 intact
Renal/prostate: Prostate enlarged, non-tender. No asymmetry or nodules palpated
Labs:
Test Name
Result
Units
Reference Range
Color
Yellow
Yellow
Clarity
Clear
Clear
Bilirubin
Negative
Negative
Specific Gravity
1.011
1.003-1.030
Blood
Negative
Negative
pH
7.5
4.5-8.0
Nitrite
Negative
Negative
Leukocyte esterase
Negative
Negative
Glucose
Negative
mg/dL
Negative
Ketones
Negative
mg/dL
Negative
Protein
Negative
mg/dL
Negative
WBC
Negative
/hpf
Negative
RBC
Negative
/hpf
Negative
Lab
Pt’s Result
Range
Units
Sodium
137
136-145
mmol/L
Potassium
4.7
3.5-5.1
mmol/L
Chloride
102
98-107
mmol/L
CO2
30
21-32
mmol/L
Glucose
92
70-99
mg/dL
BUN
7
6-25
mg/dL
Creat
1.6
.8-1.3
mg/dL
GFR
50
>60
Calcium
9.6
8.2-10.2
mg/dL
Total Protein
8.0
6.4-8.2
g/dL
Albumin
4.5
3.2-4.7
g/dL
Bilirubin
1.1
<1.1
mg/dL
Alkaline Phosphatase
94
26-137
U/L
AST
25
0-37
U/L
ALT
55
15-65
U/L
Pt’s results
Normal Range
Units
WBC
9.9
3.4 - 10.8
x10E3/uL
RBC
4.0
3.77 - 5.28
x10E6/uL
Hemoglobin
11.5
11.1 - 15.9
g/dL
H.
Motor Milestones occur in a predictable developmental progression in.docxaudeleypearl
Motor Milestones occur in a predictable developmental progression in young children. They begin with reflexive movements that develop into voluntary movement patterns. For the motor milestone of independent walking, there are many precursor reflexes that must first integrate and beginning movement patterns that must be learned. Explain the motor progression of walking in a child, starting with the integration of primitive reflexes to the basic motor skills needed for a child to walk independently. Discuss at which time frame each milestone occurs from birth to walking (12-18 months of age). What are some reasons why a child could be delayed in walking? At what age is a child considered delayed in walking and in need of intervention? What interventions are available to children who are having difficulty walking? Please be sure to use APA citations for all sources used to formulate your answers.
.
Most women experience their closest friendships with those of th.docxaudeleypearl
Most women experience their closest friendships with those of the same sex. Men have suffered more of a stigma in terms of sharing deep bonds with other men. Open affection and connection is not actively encouraged among men. Recent changes in society might impact this, especially with the advent of the meterosexual male. “The meterosexual male is less interested in blood lines, traditions, family, class, gender, than in choosing who they want to be and who they want to be with” (Vernon, 2010, p. 204).
In this week’s reading material, the following philosophers discuss their views on this topic: Simone de Beauvoir, Thomas Aquinas, MacIntyre, Friedman, Hunt, and Foucault. Make sure to incorporate their views as you answer each discussion question. Think about how their views may be similar or different from your own. In at least 250 words total, please answer each of the following, drawing upon your reading materials and your personal insight:
To what extent do you think women still have a better opportunity to forge deeper friendships than men? What needs to change to level the friendship playing field for men, if anything?
How is the role of the meterosexual man helping to forge a new pathway for male friendships?
.
Most patients with mental health disorders are not aggressive. Howev.docxaudeleypearl
Most patients with mental health disorders are not aggressive. However, it is important for nurses to be able to know the signs and symptoms associated with the five phases of aggression, and to appropriately apply nursing interventions to assist in treating aggressive patients. Please read the case study below and answer the four questions related to it.
Aggression Case Study
Christopher, who is 14 years of age, was recently admitted to the hospital for schizophrenia. He has a history of aggressive behavior and states that the devil is telling him to kill all adults because they want to hurt him. Christopher has a history of recidivism and noncompliance with his medications. One day on the unit, the nurse observes Christopher displaying hypervigilant behaviors, pacing back and forth down the hallway, and speaking to himself under his breath. As the nurse runs over to Christopher to talk, he sees that his bedroom door is open and runs into his room and shuts the door. The nurse responds by attempting to open the door, but Christopher keeps pulling the door shut and tells the nurse that if the nurse comes in the room he will choke the nurse. The nurse responds by calling other staff to assist with the situation.
1. What phase of the aggression cycle is Christopher in at the beginning of this scenario? What phase is he in at the end the scenario? (State the evidence that supports your answers).
2. What interventions could have been implemented to prevent Christopher from escalating at the beginning of the scenario?
3. What interventions should the nurse take to deescalate the situation when Christopher is refusing to open his door?
4. If a restrictive intervention (restraint/seclusion) is used, what are some important steps for the nurse to remember?
SCHOLAR NURSING ARTICLE>>>APA FORMAT>>>
.
Most of our class readings and discussions to date have dealt wi.docxaudeleypearl
Most of our class readings and discussions to date have dealt with the issue of ethics and ethical behavior. Various philosophers have made contributions to jurisprudence including how to apply ethical principles (codes of conduct?) to ethical dilemma.
Your task is to watch the Netflix documentary ‘The Social Dilemma.’ If you cannot currently access Netflix it offers a free trial opportunity, which you can cancel after viewing the documentary. Should this not be an option for whatever reason, then please email me and we will create an alternative ethics question.
DUE DATE: Tuesday, Sept. 29, 2020 by noon
SEND YOUR NO MORE THAN 5 PAGE DOUBLE SPACED RESPONSE TO MY EMAIL ADDRESS. LATE PAPERS SUBJECT TO DOWNGRADING
As critics have written, the documentary showcases ways our minds are twisted and twirled by social media companies like Facebook, Twitter, and Google through their platforms and search engines, and the why of what they are doing, and what must be done to stop it.
After watching the movie, respond to the following questions in the order given. Use full sentences and paragraphs, and start off each section by stating the question you are answering. Be succinct.
What are the critical ethical issues identified?
What concerns are raised over the polarization of society and promulgation of fake news?
What is the “attention-extraction model” of software design and why worry?
What is “surveillance capitalism?”
Do you agree that social media warps your perceptions of reality?
Who has the power and control over these social media platforms – software designers, artificial intelligence (Ai), CEOs of media platforms, users, government?
Are social media platforms capable of self-regulation to address the political and ethical issues raised or not? If not, then should government regulate?
What other actions can be taken to address the basic concern of living in a world “…where no one believes what’s true.”
.
Most people agree we live in stressful times. Does stress and re.docxaudeleypearl
Stress may contribute to illness according to some research cited in textbooks. The question asks whether stress and reactions to stress can lead to health issues, and opinions should be supported by evidence from course materials. References in APA format are required.
Most of the ethical prescriptions of normative moral philosophy .docxaudeleypearl
Most of the ethical prescriptions of normative moral philosophy tend to fall into one of the following three categories: deontology, consequentialism, and virtue ethics. These categories in turn put an emphasis on different normative standards for judging what constitutes right and wrong actions.
Moral psychologists and behavioral economists such as Jonathan Haidt and Dan Ariely take a different approach: focusing not on some normative ethical framework for moral judgment, but rather on the psychological foundations of moral intuition and on the limitations that our human frailty places on real-world honesty, decency, and ethical commitments.
In this context, write a short essay (minimum 400 words) on what you see as the most important differences between the traditional normative philosophical approaches and the more recent empirical approach of moral psychology when it comes to ethics. As part of your answer also make sure that you discuss the implications of these differences.
Deadline reminder:
this assignment is
due on June 14th
. Any assignments submitted after that date will lose 5 points (i.e., 20% of the maximum score of 25 points) for each day that they are submitted late. Accordingly, after June 14th, any submissions would be worth zero points and at that time the assignment inbox will close.
.
Most healthcare organizations in the country are implementing qualit.docxaudeleypearl
Most healthcare organizations in the country are implementing quality improvement programs to save lives, enhance customer satisfaction, and reduce the cost of healthcare services. Limited human and material resources often undermine such efforts. Zenith Hospital in a rural community has 200 beds. Postsurgical patients tend to contract infections at the surgical site, requiring extended hospitalization. Mr. Jones—75 years old—was admitted to Zenith Hospital for inguinal hernia repairs. He was also hypertensive, with a compromised immune system. Two days after surgery, he acquired an infection at the surgical site, with elevated temperature, and then he developed septicemia. His condition worsened, and he was moved to isolation in the intensive care unit (ICU). A day after transfer to the ICU, he went into ventricular arrhythmia and was placed on a respirator and cardiac monitoring machine. Intravenous fluids, antibiotics, and antipyretics could not bring the fever down, and blood analysis continued to deteriorate.
The hospital infection control unit got involved. The team confirmed that postsurgical infections were on the increase, but the hospital was unable to identify the sources of infection. The surgery unit and surgical team held meetings to understand possible sources of infection. The team leader had earlier reported to management that they needed to hire more surgical nurses, arguing that nurses in the unit were overworked, had to go on leave, and often worked long hours without break.
Mr. Jones’ family members were angry and wanted to know the source of his infection, why he was on the respirator in isolation, and why his temperature was not coming down. Unfortunately, his condition continued to deteriorate. His daughter invited the family’s legal representative to find out what was happening to her father and to commence legal proceedings.
Then, the healthcare manager received information that two other patients were showing signs of postsurgical infection. The healthcare manager and care providers acknowledged the serious quality issues at Zenith Hospital, particularly in the surgical unit. The healthcare manager wrote to the Chairman of the Hospital Board, seeking approval to implement a quality improvement program. The Board held an emergency meeting and approved the manager’s request. The healthcare manager has invited you to support the organization in this process.
Please address the following questions in your response:
What are successful approaches for gaining a shared understanding of the problem?
How can effective communication be implemented?
What is a qualitative approach that helps in identifying the quality problem?
What tools can provide insight into understanding the problem?
In quality improvement, what does appreciative inquiry help do?
What is a benefit of testing solutions before implementation?
What is a challenge that is inherent in the application of the plan, do, study, act (PDSA) method?
What .
More work is necessary on how to efficiently model uncertainty in ML.docxaudeleypearl
More work is necessary on how to efficiently model uncertainty in ML and NLP, as well as how to represent uncertainty resulting from big data analytics.
Pages - 4
Excluding the required cover page and reference page.
APA format 7 with an introduction, a body content, and a conclusion.
No Plagiarism
.
Mortgage-Backed Securities and the Financial CrisisKelly Finn.docxaudeleypearl
Mortgage-Backed Securities and the Financial Crisis
Kelly Finn
FNCE 4302
Mortgage-Backed Securities (MBS) are “pass-through” bundles of housing debt sold as investment vehicles
A mortgage-backed security, MBS, is a type of asset-backed security that pays investors regular payments, similar to a bond. It gets the title as a “pass-through” because the security involves several entities in the origination and securitization process (where the asset is identified, and where it is used as a base to create a new investment instrument people can profit off of).
Key Players involved in the MBS Process
[Mortgage] Lenders: banks who sell mortgages to GSE’s
GSE: Government Sponsored Entities created by the US Government to make owning property more accessible to Americans
1938: Fannie Mae (FNMA): Federal National Mortgage Assoc.
1970: Freddie Mac (FHLMC): Federal Home Loan Mortgage Corp.
Increase mortgage borrowing
Introduce competitor to Fannie Mae
1970: Ginnie Mae (GNMA): Government National Mortgage Assoc.
US Government: Treasury: implicit commitment of providing support in case of trouble
The several entities involved in the process make MBS a “pass-through”. Here we have 3 main entities that we’ll call “Key Players” for the purpose of this presentation which aims to provide you with a basic and simple explanation of MBS and their role in the financial crisis.
GSE’s created by the US Government in 1938
Part of FDR’s New Plan during Great Depression
Purpose: make owning property more accessible to more Americans
GSE (ex. Fannie Mae) buys mortgages (debt) from banks, & then pools mortgages into little bundles investors can buy (securitization)
Bank’s mortgage is exchanged with GSE’s cash
Created liquid secondary market for mortgages
Result:
1) Bank has more cash to lend out to people
2) Now all who want to a house (expensive) can get the money needed to buy one!
Where MBS came from & when
Yay for combatting homelessness and increasing quality of life for the common American!
Thanks Uncle Sam!
MBS have been around for a long time. Officially in the US, they have their origins in government. During the Great Depression in the 1930s, President Franklin Delano Roosevelt signed into creation Fannie Mae that was brought about to help ease American citizen’s difficulty in becoming homeowners. The sole purpose of a GSE thus was to not make profit, but to promote citizen welfare in regards to housing. Seeing that it was created by regulatory government powers, it earned the title of Government Sponsored Entity, which we will abbreviate as GSE. 2 other GSE’s in housing were created in later decades like Freddie Mae, to further stimulate the mortgage market alongside Fannie, and Ginnie which did a similar thing but only for certain groups of people (Veterans, etc) and to a much smaller scale.
How MBS works: Kelly is a homeowner looking to borrow a lot of money
*The Lender, who issued Kelly the mor.
Moral Development Lawrence Kohlberg developed six stages to mora.docxaudeleypearl
Moral Development:
Lawrence Kohlberg developed six stages to moral behavior in children and adults. Punishment and obedience orientation, interpersonal concordance, law and order orientation, social contract orientation, and universal ethics orientation. All or even just one of these stages will make a good topic for your research paper or you could just do the research paper on Kohlberg.
.
Chapter wise All Notes of First year Basic Civil Engineering.pptxDenish Jangid
Chapter wise All Notes of First year Basic Civil Engineering
Syllabus
Chapter-1
Introduction to objective, scope and outcome the subject
Chapter 2
Introduction: Scope and Specialization of Civil Engineering, Role of civil Engineer in Society, Impact of infrastructural development on economy of country.
Chapter 3
Surveying: Object Principles & Types of Surveying; Site Plans, Plans & Maps; Scales & Unit of different Measurements.
Linear Measurements: Instruments used. Linear Measurement by Tape, Ranging out Survey Lines and overcoming Obstructions; Measurements on sloping ground; Tape corrections, conventional symbols. Angular Measurements: Instruments used; Introduction to Compass Surveying, Bearings and Longitude & Latitude of a Line, Introduction to total station.
Levelling: Instrument used Object of levelling, Methods of levelling in brief, and Contour maps.
Chapter 4
Buildings: Selection of site for Buildings, Layout of Building Plan, Types of buildings, Plinth area, carpet area, floor space index, Introduction to building byelaws, concept of sun light & ventilation. Components of Buildings & their functions, Basic concept of R.C.C., Introduction to types of foundation
Chapter 5
Transportation: Introduction to Transportation Engineering; Traffic and Road Safety: Types and Characteristics of Various Modes of Transportation; Various Road Traffic Signs, Causes of Accidents and Road Safety Measures.
Chapter 6
Environmental Engineering: Environmental Pollution, Environmental Acts and Regulations, Functional Concepts of Ecology, Basics of Species, Biodiversity, Ecosystem, Hydrological Cycle; Chemical Cycles: Carbon, Nitrogen & Phosphorus; Energy Flow in Ecosystems.
Water Pollution: Water Quality standards, Introduction to Treatment & Disposal of Waste Water. Reuse and Saving of Water, Rain Water Harvesting. Solid Waste Management: Classification of Solid Waste, Collection, Transportation and Disposal of Solid. Recycling of Solid Waste: Energy Recovery, Sanitary Landfill, On-Site Sanitation. Air & Noise Pollution: Primary and Secondary air pollutants, Harmful effects of Air Pollution, Control of Air Pollution. . Noise Pollution Harmful Effects of noise pollution, control of noise pollution, Global warming & Climate Change, Ozone depletion, Greenhouse effect
Text Books:
1. Palancharmy, Basic Civil Engineering, McGraw Hill publishers.
2. Satheesh Gopi, Basic Civil Engineering, Pearson Publishers.
3. Ketki Rangwala Dalal, Essentials of Civil Engineering, Charotar Publishing House.
4. BCP, Surveying volume 1
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Strategies for Effective Upskilling is a presentation by Chinwendu Peace in a Your Skill Boost Masterclass organisation by the Excellence Foundation for South Sudan on 08th and 09th June 2024 from 1 PM to 3 PM on each day.
How to Setup Warehouse & Location in Odoo 17 InventoryCeline George
In this slide, we'll explore how to set up warehouses and locations in Odoo 17 Inventory. This will help us manage our stock effectively, track inventory levels, and streamline warehouse operations.
ISO/IEC 27001, ISO/IEC 42001, and GDPR: Best Practices for Implementation and...PECB
Denis is a dynamic and results-driven Chief Information Officer (CIO) with a distinguished career spanning information systems analysis and technical project management. With a proven track record of spearheading the design and delivery of cutting-edge Information Management solutions, he has consistently elevated business operations, streamlined reporting functions, and maximized process efficiency.
Certified as an ISO/IEC 27001: Information Security Management Systems (ISMS) Lead Implementer, Data Protection Officer, and Cyber Risks Analyst, Denis brings a heightened focus on data security, privacy, and cyber resilience to every endeavor.
His expertise extends across a diverse spectrum of reporting, database, and web development applications, underpinned by an exceptional grasp of data storage and virtualization technologies. His proficiency in application testing, database administration, and data cleansing ensures seamless execution of complex projects.
What sets Denis apart is his comprehensive understanding of Business and Systems Analysis technologies, honed through involvement in all phases of the Software Development Lifecycle (SDLC). From meticulous requirements gathering to precise analysis, innovative design, rigorous development, thorough testing, and successful implementation, he has consistently delivered exceptional results.
Throughout his career, he has taken on multifaceted roles, from leading technical project management teams to owning solutions that drive operational excellence. His conscientious and proactive approach is unwavering, whether he is working independently or collaboratively within a team. His ability to connect with colleagues on a personal level underscores his commitment to fostering a harmonious and productive workplace environment.
Date: May 29, 2024
Tags: Information Security, ISO/IEC 27001, ISO/IEC 42001, Artificial Intelligence, GDPR
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Find out more about ISO training and certification services
Training: ISO/IEC 27001 Information Security Management System - EN | PECB
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it describes the bony anatomy including the femoral head , acetabulum, labrum . also discusses the capsule , ligaments . muscle that act on the hip joint and the range of motion are outlined. factors affecting hip joint stability and weight transmission through the joint are summarized.
Temple of Asclepius in Thrace. Excavation resultsKrassimira Luka
The temple and the sanctuary around were dedicated to Asklepios Zmidrenus. This name has been known since 1875 when an inscription dedicated to him was discovered in Rome. The inscription is dated in 227 AD and was left by soldiers originating from the city of Philippopolis (modern Plovdiv).
QUESTION 11. If current market interest rates rise, what will ha.docx
1. QUESTION 1
1. If current market interest rates rise, what will happen to the
value of outstanding bonds?
1.
They will rise.
2.
They will remain unchanged.
3.
There is no connection between current market interest rates
and the value of outstanding bonds.
4.
They will fall.
5 points
QUESTION 2
1. A firm obtain cash from which of the following:
1.
Operation
2.
Sales of assets
3.
Borrowing
4.
All of the above.
10 points
QUESTION 3
1. XYZ has total current assets of $800,000; total current
2. liabilities of $400,000; and long-term assets of $300,000. What
is the firm Current Ratio?
1.
2.2
2.
1.8
3.
3.2
4.
2
5 points
QUESTION 4
1. J & B, Inc. has $5 million of debt outstanding with a coupon
rate of 12 percent. Currently the yield to maturity on these
bonds is 14 percent. If the firm's tax rate is 40 percent, what is
cost of debt to J & B?
1.
14.0 percent
2.
8.4 percent
3.
12.0 percent
4.
7.2 percent
10 points
QUESTION 5
1. If you invest $750 every six months at 8 percent compounded
semi-annually, how much would you accumulate at the end of
3. 10 years?
1.
$10,065
2.
$21,731
3.
$10,193
4.
$22,334
10 points
QUESTION 6
1. Colby & Company bonds pay semi-annual interest of $50.
They mature in 15 years and have a par value of $1,000. The
market rate of interest is 8%. The market value of Colby Bonds
is: (round to nearest dollar)
1.
$1,173
2.
$1,000
3.
$743
4.
$827
5 points
QUESTION 7
1. If cost of debt is 5% and preferred stock is 10% and common
stock is 12% with the following capital structure:
Long-term debt = $1000,000
4. Preferred Stock = $400,000
and Common stocks = 2,600,000
What is the WACC?
1.
11.2%
2.
8.9%
3.
8.9%
4.
9.55%
5 points
QUESTION 8
1. A firm had $130,000 and $90,000 in current assets in 2002
and 2003 respectively. It also had $120,000 and $85,000 in
current liability in 2002 and 2003 respectively. What is the net
change in working capital from 2002 to 2003?
1.
$5000
2.
$5,500
3.
-$4500
4.
-$5,000
15 points
5. QUESTION 9
1. Dawn Swift discovered that twenty years ago, the average
tuition for one year at an Ivy League school was $4,500. Today,
the average cost is $29,000. What is the growth rate in tuition
cost over this 20-year period? Round off to the nearest 0.1%.
1.
15.5%
2.
10.6%
3.
9.8%
4.
4.2%
10 points
QUESTION 10
1. The expected dividend is $2.50 for a share of stock priced at
$25. What is the cost of retained earnings if the long-term
growth in dividends is projected to be 8 percent?
1.
25.0 percent
2.
8.0 percent
3.
18.0 percent
4.
10.0 percent
5 points
QUESTION 11
6. 1.
1. Keith Stone has 10-year old daughter, Kate, who will be
entering college in 8 years. Keith estimate college costs to be
$16,000 $17,000, $18,000 and $19,000 payable at the beginning
of each of Kate’s four years in college. He has $2,000 in his
account and intends to leave it there for the next 8 years. How
much more must Keith save each year (assume end of the year
payments) for each of the next 8 years to have enough savings
to pay for his daughter? Assume Keith can earn 9% on his
savings.
1.
$5,211
2.
$6,720
3.
$12,400
4.
$5,540
10 points
QUESTION 12
1. The most expensive source of capital is:
1.
new common stock
2.
debt
3.
retained earnings
7. 4.
preferred stock
5 points
QUESTION 13
1. Which of the following provides the greatest annual interest?
1.
9.5% compounded monthly
2.
9% compounded daily
3.
10% compounded annually
5 points
QUESTION 14
1. Depreciation expenses affect tax-related cash flows by
1.
increasing taxable income, thus increasing taxes
2.
decreasing taxable income, thus reducing taxes
3.
decreasing taxable income, with no effect on cash flow since
depreciation is a non-cash expense
4.
none of the above
5 points
QUESTION 15
1. Given the following expected returns and standard deviation
of assets B, M, Q and D, which asset should the prudent
financial manager select?
8. 1.
Asset Q
2.
Asset B
3.
Asset M
4.
Asset D
5 points
QUESTION 16
1. At 8 percent compounded annually, how long will it take
$750 to double?
1.
12 years
2.
48 months
3.
10 years
4.
9 years
10 points
QUESTION 17
1. A $1,000 par value 10-year bond with a 10 percent coupon
rate recently sold for $900. The yield to maturity is:
1.
10 percent
9. 2.
cannot be determined
3.
less than 10 percent
4.
greater than 10 percent
10 points
QUESTION 18
1. Regarding the tax treatment of payments to securities
holders, it is true that _______________, while
____________________.
1.
interest and preferred stock dividends are tax-deductible; while
common stock dividends are not tax-deductible
2.
common stock dividends and preferred stock dividends are tax-
deductible; while interest is not tax-deductible
3.
interest and preferred stock dividends are not tax-deductible;
while common stock dividends are tax-deductible
4.
common stock dividends and preferred stock dividends are not
tax-deductible; while interest is tax-deductible
5 points
QUESTION 19
1. A project has an initial outlay of $4,000. It has a single
payoff at the end of year 4 of $6,996.46. What is the rate of
return for the project (round to the nearest %)?
1.
10. 16%
2.
21%
3.
15%
4.
13%
10 points
QUESTION 20
1. In an efficient securities market the market value of a
security is equal to:
1.
its liquidation value
2.
its book value
3.
its intrinsic value
4.
none of the above
List of Cases by Chapter
Chapter 1
Development Projects in Lagos, Nigeria 2
11. “Throwing Good Money after Bad”: the BBC’s
Digital Media Initiative 10
MegaTech, Inc. 29
The IT Department at Hamelin Hospital 30
Disney’s Expedition Everest 31
Rescue of Chilean Miners 32
Chapter 2
Tesla’s $5 Billion Gamble 37
Electronic Arts and the Power of Strong Culture
in Design Teams 64
Rolls-Royce Corporation 67
Classic Case: Paradise Lost—The Xerox Alto 68
Project Task Estimation and the Culture of “Gotcha!” 69
Widgets ’R Us 70
Chapter 3
Project Selection Procedures: A Cross-Industry
Sampler 77
Project Selection and Screening at GE: The Tollgate
Process 97
Keflavik Paper Company 111
Project Selection at Nova Western, Inc. 112
Chapter 4
Leading by Example for the London Olympics—
Sir John Armitt 116
Dr. Elattuvalapil Sreedharan, India’s Project
Management Guru 126
The Challenge of Managing Internationally 133
12. In Search of Effective Project Managers 137
Finding the Emotional Intelligence to Be a Real Leader 137
Problems with John 138
Chapter 5
“We look like fools.”—Oregon’s Failed Rollout
of Its ObamacareWeb Site 145
Statements of Work: Then and Now 151
Defining a Project Work Package 163
Boeing’s Virtual Fence 172
California’s High-Speed Rail Project 173
Project Management at Dotcom.com 175
The Expeditionary Fighting Vehicle 176
Chapter 6
Engineers Without Borders: Project Teams Impacting
Lives 187
Tele-Immersion Technology Eases the Use of Virtual
Teams 203
Columbus Instruments 215
The Bean Counter and the Cowboy 216
Johnson & Rogers Software Engineering, Inc. 217
Chapter 7
The Building that Melted Cars 224
Bank of America Completely Misjudges Its Customers 230
Collapse of Shanghai Apartment Building 239
Classic Case: de Havilland’s Falling Comet 245
The Spanish Navy Pays Nearly $3 Billion for a Submarine
That Will Sink Like a Stone 248
Classic Case: Tacoma Narrows Suspension Bridge 249
13. Chapter 8
Sochi Olympics—What’s the Cost of National
Prestige? 257
The Hidden Costs of Infrastructure Projects—The Case
of Building Dams 286
Boston’s Central Artery/Tunnel Project 288
Chapter 9
After 20 Years and More Than $50 Billion, Oil is No Closer
to the Surface: The Caspian Kashagan Project 297
Chapter 10
Enlarging the Panama Canal 331
Project Scheduling at Blanque Cheque Construction (A) 360
Project Scheduling at Blanque Cheque Construction (B) 360
Chapter 11
Developing Projects Through Kickstarter—Do Delivery
Dates Mean Anything? 367
Eli Lilly Pharmaceuticals and Its Commitment to Critical
Chain Project Management 385
It’s an Agile World 396
Ramstein Products, Inc. 397
Chapter 12
Hong Kong Connects to the World’s Longest Natural
Gas Pipeline 401
The Problems of Multitasking 427
Chapter 13
14. New York City’s CityTime Project 432
Earned Value at Northrop Grumman 451
The IT Department at Kimble College 463
The Superconducting Supercollider 464
Boeing’s 787 Dreamliner: Failure to Launch 465
Chapter 14
Duke Energy and Its Cancelled Levy County Nuclear
Power Plant 478
Aftermath of a “Feeding Frenzy”: Dubai and Cancelled
Construction Projects 490
New Jersey Kills Hudson River Tunnel Project 497
The Project That Wouldn’t Die 499
The Navy Scraps Development of Its Showpiece
Warship—Until the Next Bad Idea 500
Project ManageMent
achieving coMPetitive advantage
Jeffrey K. Pinto
Pennsylvania State University
Boston Columbus Indianapolis New York San Francisco
Hoboken Amsterdam
Cape Town Dubai London Madrid Milan Munich Paris Montreal
Toronto Delhi
Mexico City São Paulo Sydney Hong Kong Seoul Singapore
Taipei Tokyo
F o u r t h E d i t i o n
15. To Mary Beth, my wife, with the most profound thanks and love
for her unwavering
support. And, to our children, Emily, AJ, and Joseph—three
“projects” that are definitely
over budget but that are performing far better than I could have
hoped!
VP, Product Management: Donna Battista
Editor-in-Chief: Stephanie Wall
Acquisitions Editor: Dan Tylman
Program Manager Team Lead: Ashley Santora
Program Manager: Claudia Fernandes
Editorial Assistant: Linda Albelli
VP, Marketing: Maggie Moylan
Product Marketing Manager: Anne Fahlgren
Field Marketing Manager: Lenny Raper
Strategic Marketing Manager: Erin Gardner
Project Manager Team Lead: Judy Leale
Project Manager: Nicole Suddeth
Operations Specialist: Carol Melville
Cover Designer: Lumina Datamatics, Inc
Cover Photo: f11photo/Fotolia
VP, Director of Digital Strategy & Assessment:
Paul Gentile
Manager of Learning Applications: Paul Deluca
Digital Editor: Brian Surette
Digital Studio Manager: Diane Lombardo
Digital Studio Project Manager: Robin Lazrus
Digital Studio Project Manager: Alana Coles
Digital Studio Project Manager: Monique Lawrence
Digital Studio Project Manager: Regina DaSilva
16. Full-Service Project Management and Composition:
Integra
Printer/Binder: Edwards Brothers
Cover Printer: Phoenix Color/Hagerstown
Text Font: 10/12 Palatino
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18. 10 9 8 7 6 5 4 3 2 1
ISBN 10: 0-13-379807-0
ISBN 13: 978-0-13-379807-4
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iii
BrIEF COnTEnTS
Preface xiii
Chapter 1 Introduction: Why Project Management? 1
Chapter 2 The Organizational Context: Strategy, Structure, and
Culture 36
Chapter 3 Project Selection and Portfolio Management 76
Chapter 4 Leadership and the Project Manager 115
Chapter 5 Scope Management 144
Chapter 6 Project Team Building, Conflict, and Negotiation
186
Chapter 7 Risk Management 223
Chapter 8 Cost Estimation and Budgeting 256
Chapter 9 Project Scheduling: Networks, Duration Estimation,
and Critical Path 296
Chapter 10 Project Scheduling: Lagging, Crashing, and
19. Activity Networks 330
Chapter 11 Advanced Topics in Planning and Scheduling: Agile
and Critical Chain 366
Chapter 12 Resource Management 400
Chapter 13 Project Evaluation and Control 431
Chapter 14 Project Closeout and Termination 477
Appendix A The Cumulative Standard Normal Distribution 509
Appendix B Tutorial for MS Project 2013 510
Appendix C Project Plan Template 520
Glossary 524
Company Index 534
Name Index 535
Subject Index 538
iv
COnTEnTS
Preface xiii
Chapter 1 IntroduCtIon: Why ProjeCt ManageMent? 1
Project Profile: Development Projects in Lagos, Nigeria 2
20. Introduction 4
1.1 What Is a Project? 5
General Project Characteristics 6
1.2 Why Are Projects Important? 9
Project Profile: “Throwing Good Money after Bad”: the BBC’s
Digital
Media Initiative 10
1.3 Project Life Cycles 13
◾ Box 1.1: Project Managers in Practice 15
1.4 Determinants of Project Success 16
◾ Box 1.2: Project Management Research in Brief 19
1.5 Developing Project Management Maturity 19
1.6 Project Elements and Text Organization 23
Summary 27 • Key Terms 29 • Discussion
Questions 29
• Case Study 1.1 MegaTech, Inc. 29 • Case Study 1.2
The IT
Department at Hamelin Hospital 30 • Case Study
1.3 Disney’s Expedition
Everest 31 • Case Study 1.4 Rescue of Chilean
Miners 32 • Internet
Exercises 33 • PMP Certification Sample Questions
34 • Notes 34
Chapter 2 the organIzatIonal Context: Strategy, StruCture,
and Culture 36
Project Profile: Tesla’s $5 Billion Gamble 37
21. Introduction 38
2.1 Projects and Organizational Strategy 39
2.2 Stakeholder Management 41
Identifying Project Stakeholders 42
Managing Stakeholders 45
2.3 Organizational Structure 47
2.4 Forms of Organizational Structure 48
Functional Organizations 48
Project Organizations 50
Matrix Organizations 53
Moving to Heavyweight Project Organizations 55
◾ Box 2.1: Project Management Research in Brief 56
2.5 Project Management Offices 57
2.6 Organizational Culture 59
How Do Cultures Form? 61
Organizational Culture and Project Management 63
Project Profile: Electronic Arts and the Power of Strong Culture
in Design Teams 64
Summary 65 • Key Terms 67 • Discussion
Questions 67 • Case
Study 2.1 Rolls-Royce Corporation 67 • Case Study 2.2
Classic Case:
Paradise Lost—The Xerox Alto 68 • Case Study 2.3
Project Task Estimation
and the Culture of “Gotcha!” 69 • Case Study 2.4
Widgets ’R Us 70
• Internet Exercises 70 • PMP Certification
Sample Questions 70
22. • Integrated Project—Building Your Project Plan 72
• Notes 74
Contents v
Chapter 3 ProjeCt SeleCtIon and PortfolIo ManageMent 76
Project Profile: Project Selection Procedures: A Cross-Industry
Sampler 77
Introduction 78
3.1 Project Selection 78
3.2 Approaches to Project Screening and Selection 80
Method One: Checklist Model 80
Method Two: Simplified Scoring Models 82
Limitations of Scoring Models 84
Method Three: The Analytical Hierarchy Process 84
Method Four: Profile Models 88
3.3 Financial Models 90
Payback Period 90
Net Present Value 92
Discounted Payback 94
Internal Rate of Return 94
Choosing a Project Selection Approach 96
Project Profile: Project Selection and Screening at GE: The
Tollgate Process 97
3.4 Project Portfolio Management 98
Objectives and Initiatives 99
Developing a Proactive Portfolio 100
Keys to Successful Project Portfolio Management 103
Problems in Implementing Portfolio Management 104
23. Summary 105 • Key Terms 106 • Solved
Problems 107
• Discussion Questions 108 • Problems 108 •
Case Study 3.1
Keflavik Paper Company 111 • Case Study 3.2 Project
Selection at Nova
Western, Inc. 112 • Internet Exercises 113 •
Notes 113
Chapter 4 leaderShIP and the ProjeCt Manager 115
Project Profile: Leading by Example for the London Olympics—
Sir John Armitt 116
Introduction 117
4.1 Leaders Versus Managers 118
4.2 How the Project Manager Leads 119
Acquiring Project Resources 119
Motivating and Building Teams 120
Having a Vision and Fighting Fires 121
Communicating 121
◾ Box 4.1: Project Management Research in Brief 124
4.3 Traits of Effective Project Leaders 125
Conclusions about Project Leaders 126
Project Profile: Dr. Elattuvalapil Sreedharan, India’s Project
Management Guru 126
4.4 Project Champions 127
Champions—Who Are They? 128
What Do Champions Do? 129
How to Make a Champion 130
24. 4.5 The New Project Leadership 131
◾ Box 4.2: Project Managers in Practice 132
Project Profile: The Challenge of Managing Internationally 133
4.6 Project Management Professionalism 134
vi Contents
Summary 135 • Key Terms 136 • Discussion
Questions 136
• Case Study 4.1 In Search of Effective Project Managers 137
• Case Study 4.2 Finding the Emotional Intelligence to Be a
Real Leader 137
• Case Study 4.3 Problems with John 138 • Internet
Exercises 141
• PMP Certification Sample Questions 141 • Notes
142
Chapter 5 SCoPe ManageMent 144
Project Profile: “We look like fools.”—Oregon’s Failed Rollout
of Its Obamacare
Web Site 145
Introduction 146
5.1 Conceptual Development 148
The Statement of Work 150
The Project Charter 151
Project Profile: Statements of Work: Then and Now 151
5.2 The Scope Statement 153
The Work Breakdown Structure 153
25. Purposes of the Work Breakdown Structure 154
The Organization Breakdown Structure 159
The Responsibility Assignment Matrix 160
5.3 Work Authorization 161
Project Profile: Defining a Project Work Package 163
5.4 Scope Reporting 164
◾ Box 5.1: Project Management Research in Brief 165
5.5 Control Systems 167
Configuration Management 167
5.6 Project Closeout 169
Summary 170 • Key Terms 171 • Discussion
Questions 171
• Problems 172 • Case Study 5.1 Boeing’s Virtual
Fence 172
• Case Study 5.2 California’s High-Speed Rail Project
173 • Case
Study 5.3 Project Management at Dotcom.com 175 •
Case Study 5.4
The Expeditionary Fighting Vehicle 176 • Internet
Exercises 178
• PMP Certification Sample Questions 178 • MS
Project Exercises 179
• Appendix 5.1: Sample Project Charter 180 •
Integrated Project—
Developing the Work Breakdown Structure 182 •
Notes 184
Chapter 6 ProjeCt teaM BuIldIng, ConflICt, and negotIatIon
186
Project Profile: Engineers Without Borders: Project Teams
Impacting Lives 187
26. Introduction 188
6.1 Building the Project Team 189
Identify Necessary Skill Sets 189
Identify People Who Match the Skills 189
Talk to Potential Team Members and Negotiate with Functional
Heads 189
Build in Fallback Positions 191
Assemble the Team 191
6.2 Characteristics of Effective Project Teams 192
A Clear Sense of Mission 192
A Productive Interdependency 192
Cohesiveness 193
Trust 193
Enthusiasm 193
Results Orientation 194
Contents vii
6.3 Reasons Why Teams Fail 194
Poorly Developed or Unclear Goals 194
Poorly Defined Project Team Roles and Interdependencies 194
Lack of Project Team Motivation 195
Poor Communication 195
Poor Leadership 195
Turnover Among Project Team Members 196
Dysfunctional Behavior 196
6.4 Stages in Group Development 196
Stage One: Forming 197
Stage Two: Storming 197
Stage Three: Norming 198
Stage Four: Performing 198
27. Stage Five: Adjourning 198
Punctuated Equilibrium 198
6.5 Achieving Cross-Functional Cooperation 199
Superordinate Goals 199
Rules and Procedures 200
Physical Proximity 201
Accessibility 201
Outcomes of Cooperation: Task and Psychosocial Results 201
6.6 Virtual Project Teams 202
Project Profile: Tele-Immersion Technology Eases the Use
of Virtual Teams 203
6.7 Conflict Management 204
What Is Conflict? 205
Sources of Conflict 206
Methods for Resolving Conflict 208
6.8 Negotiation 209
Questions to Ask Prior to the Negotiation 209
Principled Negotiation 210
Invent Options for Mutual Gain 212
Insist on Using Objective Criteria 213
Summary 214 • Key Terms 214 • Discussion
Questions 215 • Case
Study 6.1 Columbus Instruments 215 • Case Study 6.2
The Bean Counter
and the Cowboy 216 • Case Study 6.3 Johnson &
Rogers Software
Engineering, Inc. 217 • Exercise in Negotiation
219 • Internet
Exercises 220 • PMP Certification Sample Questions
220 • Notes 221
28. Chapter 7 rISk ManageMent 223
Project Profile: The Building that Melted Cars 224
Introduction 225
◾ Box 7.1: Project Managers in Practice 227
7.1 Risk Management: A Four-Stage Process 228
Risk Identification 228
Project Profile: Bank of America Completely Misjudges Its
Customers 230
Risk Breakdown Structures 231
Analysis of Probability and Consequences 231
Risk Mitigation Strategies 234
viii Contents
Use of Contingency Reserves 236
Other Mitigation Strategies 237
Control and Documentation 237
Project Profile: Collapse of Shanghai Apartment Building 239
7.2 Project Risk Management: An Integrated Approach 241
Summary 243 • Key Terms 244 • Solved
Problem 244 • Discussion
Questions 244 • Problems 244 • Case Study 7.1
Classic Case: de
Havilland’s Falling Comet 245 • Case Study 7.2 The
Spanish Navy Pays
Nearly $3 Billion for a Submarine That Will Sink
Like a Stone 248 • Case
Study 7.3 Classic Case: Tacoma Narrows Suspension
Bridge 249 • Internet
29. Exercises 251 • PMP Certification Sample Questions
251 • Integrated
Project—Project Risk Assessment 253 • Notes 255
Chapter 8 CoSt eStIMatIon and BudgetIng 256
Project Profile: Sochi Olympics—What’s the Cost of National
Prestige? 257
8.1 Cost Management 259
Direct Versus Indirect Costs 260
Recurring Versus Nonrecurring Costs 261
Fixed Versus Variable Costs 261
Normal Versus Expedited Costs 262
8.2 Cost Estimation 262
Learning Curves in Cost Estimation 266
◾ Box 8.1: Project Management Research in Brief 270
Problems with Cost Estimation 272
◾ Box 8.2: Project Management Research in Brief 274
8.3 Creating a Project Budget 275
Top-Down Budgeting 275
Bottom-Up Budgeting 276
Activity-Based Costing 276
8.4 Developing Budget Contingencies 278
Summary 280 • Key Terms 281 • Solved
Problems 282
• Discussion Questions 283 • Problems 284 •
Case Study 8.1 The
Hidden Costs of Infrastructure Projects—The Case of Building
Dams 286
• Case Study 8.2 Boston’s Central Artery/Tunnel Project
288 • Internet
30. Exercises 290 • PMP Certification Sample Questions
290 • Integrated
Project—Developing the Cost Estimates and Budget
292 • Notes 294
Chapter 9 ProjeCt SChedulIng: netWorkS, duratIon
eStIMatIon,
and CrItICal Path 296
Project Profile: After 20 Years and More Than $50 Billion, Oil
is No Closer to the Surface:
The Caspian Kashagan Project 297
Introduction 298
9.1 Project Scheduling 299
9.2 Key Scheduling Terminology 300
9.3 Developing a Network 302
Labeling Nodes 303
Serial Activities 303
Concurrent Activities 303
Merge Activities 304
Burst Activities 305
9.4 Duration Estimation 307
Contents ix
9.5 Constructing the Critical Path 311
Calculating the Network 311
The Forward Pass 312
The Backward Pass 314
31. Probability of Project Completion 316
Laddering Activities 318
Hammock Activities 319
Options for Reducing the Critical Path 320
◾ Box 9.1: Project Management Research in Brief 321
Summary 322 • Key Terms 323 • Solved
Problems 323 •
Discussion Questions 325 • Problems 325 •
Internet
Exercises 327 • MS Project Exercises 328 •
PMP Certification
Sample Questions 328 • Notes 329
Chapter 10 ProjeCt SChedulIng: laggIng, CraShIng, and
aCtIvIty
netWorkS 330
Project Profile: Enlarging the Panama Canal 331
Introduction 333
10.1 Lags in Precedence Relationships 333
Finish to Start 333
Finish to Finish 334
Start to Start 334
Start to Finish 335
10.2 Gantt Charts 335
Adding Resources to Gantt Charts 337
Incorporating Lags in Gantt Charts 338
◾ Box 10.1: Project Managers in Practice 338
10.3 Crashing Projects 340
Options for Accelerating Projects 340
Crashing the Project: Budget Effects 346
32. 10.4 Activity-on-Arrow Networks 348
How Are They Different? 348
Dummy Activities 351
Forward and Backward Passes with AOA Networks 352
AOA Versus AON 353
10.5 Controversies in the Use of Networks 354
Conclusions 356
Summary 356 • Key Terms 357 • Solved
Problems 357 • Discussion
Questions 358 • Problems 358 • Case Study 10.1
Project Scheduling
at Blanque Cheque Construction (A) 360 • Case
Study 10.2 Project
Scheduling at Blanque Cheque Construction (B) 360
• MS Project
Exercises 361 • PMP Certification Sample Questions
361 • Integrated
Project—Developing the Project Schedule 363 •
Notes 365
Chapter 11 advanCed toPICS In PlannIng and SChedulIng:
agIle
and CrItICal ChaIn 366
Project Profile: Developing Projects Through Kickstarter—Do
Delivery Dates Mean
Anything? 367
Introduction 368
11.1 Agile Project Management 369
What Is Unique About Agile PM? 370
33. x Contents
Tasks Versus Stories 371
Key Terms in Agile PM 372
Steps in Agile 373
Sprint Planning 374
Daily Scrums 374
The Development Work 374
Sprint Reviews 375
Sprint Retrospective 376
Problems with Agile 376
◾ Box 11.1: Project Management Research in Brief 376
11.2 Extreme Programming (XP) 377
11.3 The Theory of Constraints and Critical Chain Project
Scheduling 377
Theory of Constraints 378
11.4 The Critical Chain
Solution
to Project Scheduling 379
Developing the Critical Chain Activity Network 381
Critical Chain