Question 1
P4-11 Cash budget-Advanced The actual sales and purchases for Xenocore, Inc., for September and October 2012, along with its forecast sales and purchases for the period November 2012 through April 2013, follow. The firm makes 20% of all sales for cash and collects on 40% of its sales in each of the 2 months following the sale. Other cash inflows are expected to be $12,000 in September and April, $15,000 in January and March, and $27,000 in February. The firm pays cash for 10% of its purchases. It pays for 50% of its purchases in the following month and for 40% of its purchases 2 months later. Year Month Sales Purchases 2012 September $210,000 $120,000 2012 October 250,000 150,000 2012 November 170,000 140,000 2012 December 160,000 100,000 2013 January 140,000 80,000 2013 February 180,000 110,000 2013 March 200,000 100,000 2013 April 250,000 90,000 Wages and salaries amount to 20% of the preceding month?s sales. Rent of $20,000 per month must be paid. Interest payments of $10,000 are due in January and April. A principal payment of $30,000 is also due in April. The firm expects to pay cash dividends of $20,000 in January and April. Taxes of $80,000 are due in April. The firm also intends to make a $25,000 cash purchase of fixed assets in December.
Question 2
Focus of the Final Paper During this course, you have studied the principles of organizational development. You have engaged in discussion and learning about the organizational development process, developing high performance teams and excellence in people, as well as how to develop highly successful organizations. The focus of the Final Paper requires that you synthesize your learning and reflection in the context of the university and program outcomes. In your Final Paper, describe specific ways you will apply three of the following program outcomes in order to achieve your personal and professional goals. Explain how particular theory and insights gained from this course will help you succeed. For your convenience, the program outcomes are listed below: Develop diagnostic skills to identify OD issues, problems, and opportunities; Provide practice in identifying appropriate actions and selection of best alternative OD actions in actual work situations; Develop the ability to apply OD knowledge to organizational situations. Identify organizational situations that require professional assistance. Diagnose the systems issues and select the appropriate intervention. Integrate OD frameworks with broader HR frames and competency models. Describe and explain the steps involved to effectively manage organizational change in a variety of contexts and settings. Writing the Final Paper The Final Paper: Must be eight to ten double-spaced pages in length and formatted according to APA style as outlined in your approved style guide. Must include a cover page that includes: Student?s name Course name and number Name of paper Instructor?s name Date submitted Must include an introductory paragraph with a succinct thesis statement. Must address the topic of the paper with critical thought. Must conclude with a restatement of the thesis and a conclusion paragraph. Must use APA style as outlined in your approved style guide to document all sources. Must include, on the final page, a Reference List of six to eight scholarly sources that is completed according to APA style as outlined in your approved style guide.
Question 3
The following transactions were completed by Hobson INC.,whose fiscal year is the calendar year:2010 July 1. Issued $10,000,000 of 10-year, 15% callable bonds dated july1, 2010,at an effective of 11, receiving cash of $12,390,085. Interest is payable semi annually on December 31 and June 30. Oct. 1. Borrowed $225,000 as a six year, 8% installment note from Titan Bank. The note requires annual payments of $48,671, with the first payment occurring on September 30, 2011. Dec. 31. Accrued $4,500of interest on the installment note. The interest is payable on the date of the next installment note payment. Dec. 31. Paid the semiannual interest of the bond. Dec. 31. Recorded bond premium amortization of $119,504, which was determined using the straight line method. Dec. 31. Closed the interest expense account. 2011 June 30. Paid the semiannual interest of the bond. Sept. 30. Paid the annual payment of the note, which consist of interest of $18,000 and principal of $30, 671. Dec. 31. Accrued $3,887 of interest on the installment note. The interest is payable on the date of the next installment note payment. Dec. 31. Paid the semiannual interest of the bond. Dec. 31. Recorded bond premium amortization of $239,008, which was determined using the straight line method. Dec. 31. Closed the interest expense account. 2012 June 30. Recorded the redemption of the bonds, which were called at101,5. the balance in the bond premium account is $1,912,069 after payment of interest and amortization of premium have been recorded.(Record the redemption only) Sept. 30. Paid the second annual payment on the note, which consist of interest of $15,546 and principal of $33,125 Instructions: 1. Journalize the entries to record the foregoing transactions. 2. Indicate the amount of the interest expense in 2010 and 2011 3. Determine the carrying amount of the bonds as of December 31, 2011.
Question 4
Click here to read the Google case and address the following issues. Students are expected to use the Internet to update the current conditions of Google as it impacts this case. Please refer to the "How to analyze a case" document for guidance on how to analyze a case. Also read "Conducting Case Analysis: An Exercise in Wealth Creation" beginning on page 283 in the Pettus book. The 6th edition presents an example of how to conduct a case analysis using Porter?s Five Forces model and Competitive Dynamics. While the sample is good, please don?t think that this is the only way to analyze a case. 1. Using competitor intelligence from the case material, assess the levels of market commonality and resource similarity that Google has with three key industry competitors. How will they influence competitive behavior and the intensity of rivalry? 2. Conduct a competitor analysis and prepare an anticipated response profile for each major rival. What I am looking for with your competitor analysis is for you to identify the future objectives, strategies, likely assumptions and capabilities of Google's three main competitors based on the information in the case. 3.Considering Google?s external and internal environmental conditions, does a SWOT analysis reveal any insights to enhance the company?s efforts to compete or improve performance? Your paper should be around 8, double spaced pages or so.
Question 5
(TCO F) Preparation of statement of cash flows (format provided) The balance sheets for Tonka Corporation showed the following information. Additional information concerning transactions and events during 2010 are presented below. Tonka Corporation Balance Sheet 31-Dec-10 31-Dec-09 Cash 15,000 10,000 Current assets other than cash 85,000 58,000 Long-term investments 10,000 53,000 Plant assets 335,000 215,000 $445,000 $336,000 Accumulated depreciation 20,000 40,000 Current liabilities 40,000 22,000 Bonds payable 75,000 - Capital stock 254,000 254,000 Retained earnings 56,000 20,000 $445,000 $336,000 Additional information: Additional information: 1. Held-to-maturity securities carried at a cost of $43,000 on December 31, 2009, were sold in 2010 for $34,000. The loss (not extraordinary) was incorrectly charged directly to Retained Earnings. 2. Plant assets that cost $60,000 and were 80% depreciated were sold during 2010 for $8,000. The loss (not extraordinary) was incorrectly charged directly to Retained Earnings. 3. Net income as reported on the income statement for the year was $59,000. 4. Dividends paid amounted to $10,000. 5. Depreciation charged for the year was $28,000. Instructions Prepare a statement of cash flows for the year 2010 using the indirect method.,.,Can you please explain how you got the following numbers? Operating Profit before Working Capital changes 75000 Purchase of Plant Asset (180000) Cash (pur. Bal. fig) 180000
