Question 1
Firms realize that in order to make money, they have to invest money. This can be attributed to the information that the firm relies on. As discussed in the text, there are seven characteristics of useful information. From the first e-Activity and assuming that you are new CFO of Strayer University, identify the top-three characteristics you would rely on the most for improving the profitability of the firm. Provide an example of how each characteristic would directly help the firm in terms of profitability. On the other hand, public and private firms are accountable to a wide range of regulators and stakeholders. Of the seven characteristics, identify the top three that would be applicable to meeting the needs of regulators and stakeholders. Provide an example of how each characteristic would directly help the firm in terms of meeting the needs of these key regulators and stakeholders. Some of the world?s most successful companies (Fortune 500) operate multiple lines of business. Despite this fact, many of these firms rely on a single AIS. From the second e-Activity, for the business you researched, examine how its lines of business would affect the design of a new AIS. If the business was selecting a new AIS, examine how the business model would affect the design of a new AIS.
Question 2
Organizational Development Final Project: Part I?Due Week Two Prepare a 1,050- to 1,400-word paper for Part I of the final project. Which of the following diagnostic models would you use to explain how ABC?s organization functions? ? Analytical Model ? Emergent-Group Behavior Model ? Management Practitioner Model ? Sociotechnical Systems Model ? Cause Maps and Social Network Analysis Model ? Force-Field Analysis Model Choose the model that would illustrate a better understanding of the culture and behavior in the organization and describe how you, as the vice president of operations, would use the model. Once you have analyzed ABC?s organization using a diagnostic model, Kirk Tiberius asks you to devise a new change or strategic vision that will increase productivity and innovation. Part of your task with implementing this new change is to identify and overcome resistance to organizational change presented by these innovations in the manufacturing department. Imagine the types of methods necessary to implement needed changes. What probable resistances to organizational change might develop? What are some factors in this scenario that might facilitate acceptance of these new changes?,This is a team assignment so I only really need one part not all I need a part of the power point and part of the assignment. I don't know how to use this site this is the first time. thanks for any help you can give.
Question 3
Gapenski, L.C. (2008). Cases in healthcare finance (4nd ed.). Chicago: Health Administration Press. Introduction: HCA545, Health Care Finance, addresses financial management concepts and practices and the basic economic models in health care organizations through principles of accounting and finance that have particular relevance to the health care manager. Assessing the financial and managerial situation presented in the two linked case studies, Case 1: Riverview Community Hospital (A) Assessing Hospital Performance, and Case 29: Riverview Community Hospital (B) Financial Forecasting, provides you with an opportunity to apply the knowledge and skills acquired through the readings, assignments and discussion topics. The cases give you the opportunity to analyze the impact of managed care on financial performance, better understand the financial pressures that health care organizations face, and the importance of updating financial statements and projections as circumstances change. As in the real world of management, assumptions must be made based on incomplete information. This research project requires you to make educated assumptions upon which to base recommendations. Targeted Challenge: As a major assignment in Healthcare Finance, you are asked to assess the financial and operational performance of Riverview Community Hospital, make assumptions based on the best available information, and prepare and then update a preliminary five-year financial plan. The two cases are comprehensive as they apply to health care finance, including assessing: the hospitals annual economic value added performance impact of cost of capital, managed care reimbursement and the need to revise and update financial projections and plans as situations change. Understanding the components and use of spreadsheets, which are important and frequently used tools in health care management, provides you with important skills required for advancement in this dynamic field. Project Objectives: Describe and articulate the steps to follow in analyzing the financial and operational performance of a complex health care organization. Assess the American Hospital Association?s Critical Financial Indicators, and their use in understanding the financial and operational status of a health care facility. Analyze financial and other indicators, and demonstrate an understanding of how these indicators are used to make assumptions, based on incomplete information, about future performance. Develop and refine a five-year financial plan, with recommendations, for presentation to executive management. Examine the components of various types of spreadsheets, and interpret what they mean in terms of the overall operations and financial stability of a health care organization. Project Criteria You will be completing components of your preliminary five-year financial plan and recommendations for Riverview Community hospital as you move through the course. Each project component will build upon the next, taking into account the literature and application of knowledge presented each week. First, you will review the relevant financial and operational facts contained in each of the cases, how the information is linked, and develop three assumptions regarding Riverview Community Hospital for review and comment. You will then develop an outline of your approach. At this time, you will also develop three initial assumptions for review and comment. You will then complete your outline and assumptions and prepare an annotated bibliography. The following components are the required learning activities that lead to the final five-year financial plan and recommendations for Riverview Community Hospital due Tuesday, Midnight of Week 11. Week 3 - Initial Assumptions. Week 5 - Outline of Approach. Week 8 - Refine Outline, List Assumptions, and Prepare an Annotated Bibliography. Week 11 - Final Financial Plan and Recommendations. Project Process Your Preliminary Five-Year Financial Plan and Recommendations for Riverview Community Hospital should follow the suggested format outlined below. Your completed paper should be 20 to 25 pages in length, including the relevant spreadsheets. Although a suggested format is provided for you, your creativity should not be confined to this structure. Please do not simply fill in the blanks. However, be sure to follow the APA writing guidelines for proper paper and citation format. If you have questions about citations or references, see the APA Style and Formatting Module in the Writing Support Center. For additional help, consult your APA manual, or visit the APA?s website. Title Page. Abstract ? An abstract is a synopsis or executive summary of your paper that also describes the purpose of the paper and what it accomplishes. Introduction ? This is a restatement of your approach and assumptions, the background the reader needs to understand your approach, and how you intend to address the key issues. Financial Analysis ? This section, supported by relevant financial indicators, analysis, and literature sources, provides the reader with an in-depth understanding of the financial health of the organization. Operational Analysis ? This section, supported by relevant operational indicators, analysis, and literature sources, provides the reader with an in-depth understanding of the operational and process issues of the organization. Assumptions ? This section integrates the information from the financial and operational analysis, and makes assumptions about the current and future status of the organization. The rationale and supporting data for each assumption is provided. The presentation should provide the reader with sufficient information to understand and support the assumptions. Preliminary Five Year Financial Plan ? This section presents your best estimate, based on current knowledge and assumptions, of the financial health of the organization over the next five years. The spreadsheets for Case 1 and Case 29 need to be reviewed and expanded over the next five years based on your assumptions. Recommendations ? This section presents the recommendations you are making to the Executive Committee on a future course of action, based on the information you have collected, analyzed, supported, and developed. The recommendations should be clear, understandable, and serve as a guide to management to best position the hospital for continued financial and operational success. Conclusion ? This section summarizes your major findings and recommendations.
Question 4
The following differences enter into the reconciliation of financial income and taxable income of Abbott Company for the year ended December 31, 2012, its first year of operations. The enacted income tax rate is 30% for all years. Pretax accounting income $700,000 Excess tax depreciation (320,000) Litigation accrual 70,000 Unearned rent revenue deferred on the books but appropriately recognized in taxable income 80,000 Interest income from New York municipal bonds (20,000) Taxable income $510,000 1. Excess tax depreciation will reverse equally over a four-year period, 2013-2016. 2. It is estimated that the litigation liability will be paid in 2016. 3. Rent revenue will be recognized during the last year of the lease, 2016. 4. Interest revenue from the New York bonds is expected to be $20,000 each year until their maturity at the end of 2016. Instructions (a) Prepare a schedule of future taxable and (deductible) amounts. (b) Prepare a schedule of the deferred tax (asset) and liability. (c) Since this is the first year of operations, there is no beginning deferred tax asset or liability. Compute the net deferred tax expense (benefit). (d) Prepare the journal entry to record income tax expense, deferred taxes, and the income taxes payable for 2012. The May 31, 2012, balance per bank statement for Upton Company was $7,200. The cash balance per books was $9,500. Outstanding checks amounted to $800, and deposits in transit were $2,400. The bank statement contained an NSF check for $500, a service charge for $25, and a debit memo for direct payment of the telephone bill of $175. Required: 1) Prepare a bank reconciliation to determine the true cash balance at May 31, 2012.
Question 5
1. Cost of Preferred. Bosio Inc.'s perpetual preferred stock sells for $97.50 per share, and it pays an $8.50 annual dividend. If the company were to sell a new preferred issue, it would incur a flotation cost of 4.00% of the price paid by investors. What is the company's cost of preferred stock for use in calculating the WACC? a. 8.72% b. 9.08% c. 9.44% d. 9.82% e. 10.22% 2. Cost of RE: DCF. Assume that you are a consultant to Broske Inc., and you have been provided with the following data: D1 = $0.67; P0 = $27.50; and g = 8.00% (constant). What is the cost of equity from retained earnings based on the DCF approach? a. 9.42% b. 9.91% c. 10.44% d. 10.96% e. 11.51% 3. Cost of Debt. To help finance a major expansion, Castro Chemical Company sold a noncallable bond several years ago that now has 20 years to maturity. This bond has a 9.25% annual coupon, paid semiannually, sells at a price of $1,075, and has a par value of $1,000. If the firm's tax rate is 40%, what is the component cost of debt for use in the WACC calculation? a. 4.35% b. 4.58% c. 4.83% d. 5.08% e. 5.33% 4. WACC. You were hired as a consultant to Giambono Company, whose target capital structure is 40% debt, 15% preferred, and 45% common equity. The after-tax cost of debt is 6.00%, the cost of preferred is 7.50%, and the cost of retained earnings is 12.75%. The firm will not be issuing any new stock. What is its WACC? a. 8.98% b. 9.26% c. 9.54% d. 9.83% e. 10.12% 5. WACC. Sorensen Systems Inc. is expected to pay a $2.50 dividend at year end (D1 = $2.50), the dividend is expected to grow at a constant rate of 5.50% a year, and the common stock currently sells for $52.50 a share. The before-tax cost of debt is 7.50%, and the tax rate is 40%. The target capital structure consists of 45% debt and 55% common equity. What is the company?s WACC if all the equity used is from retained earnings? a. 7.07% b. 7.36% c. 7.67% d. 7.98% e. 8.29%
