The December 31, 2018, balance sheet of Trelan, Inc., showed long-term debt of $1,405,000, $141,000 in the common stock account, and $2,660,000 in the additional paid-in surplus account. The December 31, 2019, balance sheet showed long-term debt of $1,590,000, $151,000 in the common stock account and $2,960,000 in the additional paid-in surplus account. The 2019 income statement showed an interest expense of $94,500 and the company paid out $146,000 in cash dividends during 2019. The firm’s net capital spending for 2019 was $970,000, and the firm reduced its net working capital investment by $126,000. What was the firm's 2019 operating cash flow, or OCF?

Use the following table that shows the options available on DEF stock (which currently trades at $112) to answer the next seven questions.

1. Discuss the pros and cons of the following:
   1. Stock market investing
   2. Savings
   3. Bonds

Why is working capital a particularly important area of concern for financial managers?

At least 200 words.

Financial risk is an important concept for any healthcare manager. The manager must understand how the various aspects of risk impact the organization’s potential access to capital for much needed investments. For this discussion, explain what financial risk is. Also, discuss how businesses and investors view risk. Provide an example that an organization might face. Lastly, discuss the terms stand alone and portfolio risk. In your opinion, is one more impactful to the organization than another?

Pick a federal agency of your choice. Find that agency’s appropriation for a recent fiscal year. That may be located in an annual appropriation act or in a consolidated appropriation bill that lumps a number of normal appropriation acts together. Are there provisions of a somewhat substantive nature that are included in the appropriation act?

1. Name and explain three tricks that management can play to manage earnings. Explain how using financial ratios can help spot these tricks.

2. Why is it important to analyze profitability, specifically focusing on return on investment? Invoke the breakdown of ROI in thinking about your response.

The value of HILEV firm at the end of one year can be $50 m or $100 m with equal probability of 0.5. The firm has debt with a face value of $50 m that matures in one year. Assume that investors are risk-neutral and the risk free rate is zero. The CEO of the firm decides to substitute assets of the firm with more risky assets immediately, so that the value of the firm at the end of one year is either $30 m or $120 m with equal probability of 0.5. This asset substitution will lead to

A gain of $10 million for stockholders and a loss of $10 million for bondholders

b. A loss of $10 million for stockholders and a gain of $10 million for bondholders

c. No gain or loss to debtholders or equity holders

d. Both debtholders and equity holders will lose $10 million from the increased risk of the business

* I answered C and it was incorrect

Looking back on 4 March 2008 when the interest rate was set at 7.25% by RBA (Reserve Bank Australia), however since then RBA gradually reduced the interest rate to its lowest 1% on 3 July 2019. Present an overview on the expectations or motivations behind such interest rate cut by RBA? (summary) [Note: In the early 1990s the interest rate was 17.5%, you don’t need to go back such distant past, your analysis should focus between 2008 to 2019] Talk about the impact on the economy after the interest rate changed. Summary of 400 words

Can you please help me with this overview? It is for my work

3-4 There are four countries (Japan, Sweden, Denmark and Switzerland) have negative interest rates. What could be the expectations/ motivations to drop interest rate below zero? Mention how it will affect the country’s growth and how it affects each country individually.

Could you please give me a summary of the solution to each question so that I may expand on this. It is for my current job

An Apple annual coupon bond has a coupon rate of 6.9%, face value of $1,000, and 4 years to maturity. If its yield to maturity is 6.9%, what is its Modified Duration? Answer in years, rounded to three decimal places.