Question 1
Town of Jupiter 2009 Comprehensive Annual Financial Report (CAFR) Note: for some of these questions, you will find helpful information in the Notes to the Financial Statements. Specific Requirements 1. Review the information in the Statement of Net Assets (page 11) and answer the following questions: a. What assets are included in Governmental Activities Depreciable Capital Assets? What is the capitalization threshold (policy)? Provide a breakdown of the 2009 change in accumulated depreciation by type of asset and amount. b. What are the restrictions placed on the Business-Type Activities Restricted Assets? Identify the purposes (restrictions) and amounts. - c. What is the breakdown of Governmental Activities Non-current Liabilities (including amounts due within one year & due in more than one year) by type of obligation and amount? Provide a list of obligations and amounts totaling $32,252,113. d. What percentage of Governmental Activities Net Assets are unrestricted? What percentage of Business Activities Net Assets are unrestricted? What can you learn from these percentages? 2. Review the information in the Statement of Activities (page 12) and answer the following questions: a. Based on Net Expense, which three Governmental Activities had the highest net expenses? Identify the activities and the amounts. b. Which Business-type Activities had Net Revenues (i.e., Program Revenues higher than Expenses)? Identify the activities and the amounts. c. What were the four largest General Revenues for Governmental Activities? Identify the revenue items and the amounts. d. What was the amount of the Change in Net Assets for Business-Type Activities? 3. Review the information reported in the Governmental Funds Balance Sheet (page 14) and answer the following questions: a. What are the names of the major government funds? b. Describe the transactions that are accounted for in each of the major governmental funds. c. A significant portion of Total Fund Balance for the General Fund is reserved. Identify the purposes for which the General Fund fund balance is reserved and the amounts that are reserved for each purpose. d. The total fund balance for Other Governmental Funds is $1,892,231. Identify the names of the funds that are combined into the Other Governmental Funds column and list the total fund balance for each of these funds. Make sure you tie back to the total fund balance of $1,892,231. Hint: You will need information that is reported combining schedules. See the Table of Contents to locate those schedules. There are many nonmajor funds, and you will have to look carefully to find all of them. 4. Review the information reported in the Reconciliation schedule on page 15, and answer the following questions: a. What is being reconciled in this schedule and why is this reconciliation needed? Hint: to answer this question adequately, you need to discuss how the Governmental Funds Balance Sheet differs from the Statement of Net Assets. b. In your own words, explain the three largest amounts being. 5. Review the information reported in the Governmental Funds Statement of Revenue, Expenditures, and Changes in Fund Balances (page 16), and answer the following questions: a. What are the three largest sources of revenues in the General Fund, and how much was reported for each source? b. How much did the Town expend during the year ended September 30, 2009 for Debt Service in total for ALL governmental funds? What was the breakdown of these expenditures (e.g., how much for principal)? 6. If the Town has any Component Units, list the amount of Total Net Assets for EACH identified component unit and indicate where you found the information. 7. Review the comparison of budgeted and actual revenue, expenditures, and changes in fund balance for the General Fund (pages 56-59), and answer the following questions: a. In total, was actual revenue higher or lower than budgeted? What were the two largest variances (positive or negative), and what was the amount of each variance? b. In total, were actual expenditures higher or lower than budgeted? What two governmental activities (e.g., general government, public safety, etc.) had the largest variances (positive or negative), and what were the amounts of the variances?,none
Question 2
Read the Harvard Business Case Study for Infosys (A): Heidrick & Struggles International, Inc., by Robert G. Eccles and David D. Lane (May, 2008). Prepare a case analysis on the topic of Interviewing , Selection and Hiring. The case analysis should be two to three pages long, double spaced. Check for correct spelling, grammar, punctuation, mechanics, and usage. Citations should use APA style. Case Analysis Question: Why is Strategic Recruitment critical to the success of an organization in meeting its goals and mission? Your analysis of this case and your written submission should reflect an understanding of the critical issues of the case, integrate the material covered in the text and present concise and well reasoned justifications for the stance that you take.,I sent you a message did you receive it.,you wanted me to ellaborate and I sent you a message explaining the cause.,The first answer you submitted was on Infosys instead of Apple which was wrong and the second one you submitted was on Infosys which is right but it is a duplicate of the first submittion.,please go back on the first one and read the note. then you will see what I'm talking about.,6301623 should have been for apple and 6301617 should have been for Infosys which is right. My argument is if you go back on 6301623 you will see where I mention that it suppose to be for Apple not Infosys.,I sent you some notes already I'm not sure if you receive them that is why I'm using this section. 6301617 and 6301623 already close that is why I have to talk to you on this section about them.,It doesn't make sense for paying twice for the same solution.,6301617 should have been for apple but you did it for Infosys and 6301623 is for Infosys,6301623 and 6301617 are the same answers,both of the solutions belong to infosys,6301623 should be for apple and 6301617 should be for infosys,but you gave me the same answers for both,I gave you apple attachment,if one of them suppose to be on apple and the other suppose to be on Infosys how come you submitted the same answers for both.,yes, I have infosys not apple.,Thank you for your understanding,Good morning, I just want to chech to see where we are with the assignment. Regards, Student,Hello, I'm just checking to see where we are in the process. Please let me know. thanks students,Hello, Thank you for the work but I still haven't receive the refund from last week yet for the confusion that we had. Thanks student
Question 3
Hi, sarahmrkhan, Im facing problem in this question. Can you help me with it? Question 1.17 and 1.19. 1.17Discuss three forms of financial market efficiency. Why is it important that financial markets be efficient? 1.19. In recent years, the level of personal debt held by the average Australian has risen dramatically. This is largely the result of extremely low interest rates, low inflation and relatively easy access to debt. In addition, the rapid increase in house prices in recent years has led to larger average mortgages and has also provided those already in the market with access to a relatively cheap source of finance in mortgage equity loans. These have been used for a variety of purposes, including to invest, to purchase consumer assets such as boats and cars and even to fund holidays. A further issue is the continued love affair with credit cards and personal debt, such as those well-marketed ?interest-free? deals, which have attracted many consumers. This has been causing a deal of concern within government and other organisations. The RBA has suggested that this may even be influencing monetary policy. (a) Review recent publications to determine the extent of this problem. (b) Assess what the government is doing to curb this ?spending spree?? Is there anything else that could be done? (c) Do you think this is a critical issue for the continued stability and growth of the Australian financial sector and general economic growth? (d) Does the GFC help or hinder this?
Question 4
1. Problem 12-4A: Galley Corp., a merchandiser, recently completed its 2011 operations. For the year, (1) all sales are credit sales, (2) all credits to Accounts Receivable reflect cash receipts from customers, (3) all purchases of inventory are on credit, (4) all debits to Accounts Payable reflect cash payments for inventory, (5) Other Expenses are all cash expenses, and (6) any change in Income Taxes Payable reflects the accrual and cash payment of taxes. The company's balance sheets and income statement follow. (attached file) Additional Information on Year 2011 Transactions: A. Purchased equipment for $36,000 cash B. Issued 12,000 shares of common stock for $5 cash per share C. Declared and paid $111,000 in cash dividends Prepare a complete statement of cash flows; report its cash inflows and cash outflows from operating activities according to the indirect method. 2. Problem 13-4A: Selected year-end financial statements of McCord Corporation follow. (All sales were on credit; selected balance sheet amounts at December 31, 2010, were inventory, $32,400; total assets, $182,400; common stock, $90,000; and retained earnings, $31,300.) (Attached file) Compute the following: (1) current ratio, (2) acid-test ratio, (3) days' sales uncollected, (4) inventory turnover, (5) days' sales in inventory, (6) debt-to-equity ratio, (7) times interest earned, (8) profit margin ratio, (9) total asset turnover, (10) return on total assets, and (11) return on common stockholders' equity.
Question 5
Assignment Name: Unit 4 Individual Project Deliverable Length: 5-10 PowerPoint slides / can include an Excel file for financial analysis Details: Choose a public company in the food industry. Analyze the financial statements and assess whether the financial performance has improved or declined year-over-year. Analysis techniques include the following: ?comparative financial statements ?trend analysis ?ratio analysis ?percentage analysis Presentation of 5?10 PowerPoint slides that includes the following: ?At least 3 slides relevant to the analysis prepared ?An analysis of the performance of the firm based on the analysis tools used ?A summary of the company's financial performance and assessment of whether it has improved or declined year-over-year in terms of profitability, asset utilization, and liquidity Background on Course Research Requirements: In the business world, it is important to use research to strengthen points made in presentations and projects. Learning to use the search functions in databases for research is a crucial critical thinking skill that complements other research techniques. There are two main types of databases. You must stay away from inferior Web sites with anonymous writers; articles found on consultant Web sites, and materials on Web sites that are not reputable. Dictionaries and encyclopedias most often repeat the information from textbooks. Acceptable Internet resources include, among others, government sites (especially for statistics). Wikipedia or any open source Web sites are not permitted.
