In this assignment assume you are a CFO of a small manufacturing company and the CEO wants your input the value of budgeting. Write a three page memo to the CEO explaining the purpose, basic components of the budget, and the benefits of a budget. As an appendix to your memo, discuss the capital budget process (purpose and value) and the various methods used to evaluate capital investment projects, including the pros and cons of each method. Include in your memo your recommendation to the CEO whether or not to prepare a budget, how long it should take and when it should begin.

Publicly-traded companies need to file their annual financial statements in the SEC’s repository called “EDGAR System”. The annual report file is called the 10-K. Find and open the latest annual financial statements 10-K (usually it’s a pdf file). Then, search for the pay-ratio disclosure (use a keyword search). Financial statements from 2018 have to disclose the following information that you will enter below for PSB HOLDINGS INC/WI (Ticker Symbol: 3PSBQ):

1. CEO Salary (Cash) compensation (in dollars), CEO Bonus (in dollars), CEO Stock awards (in dollars), CEO Options awards (in dollars), CEO Non-equity incentive plan compensation (in dollars), CEO Change in pension value and nonqualified deferred compensation earnings (in dollars), All other CEO compensation (in dollars).
2. Median Employee compensation
3. Pay Ratio

Salinas Corporation acquired 20% of the outstanding common stock of Pebble Beach Corporation on December 31, 2020. The purchase price was $4,200,000 for 100,000 shares. Pebble Beach Corporation declared and paid a $.95 (cents) per share cash dividend on June 30 and on December 31, 2021. Pebble Beach reported net income of $1,720,000 for 2021. The fair market value of Pebble Beach Corporation’s stock was $30 per share at December 31, 2021.

1. Journal entries need be prepared for Salinas Corporation for 2020 and 2021, assuming Phelps is not able to exercise significant influence over Pebble Beach Corporation.
2. Journal entries need be prepared for Salinas Corporation for Salinas Corporation for 2020 and 2021, assuming that Salinas Corporation is able to exercise influence over Pebble Beach Corporation.

The data in the above table give the annual salary (Salary), number of years of employment (Years), employee's age (Age), and whether or not the employee has an MBA degree (1 = yes, 0 = no) for 15 workers in a particular industry and location.

In this location and industry, what is the predicted salary of a 40 year old employee who has 10 years of employment and holds an MBA degree? Use the MLR equation.

Question 7 options:

The data in the above table give the annual salary (Salary), number of years of employment (Years), employee's age (Age), and whether or not the employee has an MBA degree (1 = yes, 0 = no) for 15 workers in a particular industry and location.

At the 0.10 level of significance, are any of the predictor variables making a statistically significant contribution to predicting Salary?

Question 8 options:

I. Contemporary Psychodynamic

Founder(s):

Philosophical Assumptions- What’s the Big Idea?:

Model of Personality What Makes People Tick?:

Model of Abnormality- What Makes People Sick?:

Model of Health- What’s the Goal?:

Model of Psychotherapy- What Makes People Well?:

II. Behavior

Founder(s):

Philosophical Assumptions- What’s the Big Idea?:

Model of Personality- What Makes People Tick?:

Model of Abnormality- What Makes People Sick?:

Model of Health- What’s the Goal?:

Model of Psychotherapy- What Makes People Well?:

III. Rational- Emotive

Founder(s):

Philosophical Assumptions- What’s the Big Idea?:

Model of Personality- What Makes People Tick?:

Model of Abnormality- What Makes People Sick?:

Model of Health- What’s the Goal?:

Model of Psychotherapy- What Makes People Well?:

IV. Person-Centered

Founder(s): Carl Rogers

Philosophical Assumptions- What’s the Big Idea?:

Model of Personality- What Makes People Tick?:

Model of Abnormality- What Makes People Sick?:

Model of Health- What’s the Goal?:

Model of Psychotherapy- What Makes People Well?:

Draft a list of Structured interview questions based on a clinical trail as a topic.

This is towards understanding for structured vs. unstructured interview types.

Draft about 10 questions for a structure interview please. The questions should be things that an interviewer to ask a participant (who will be a patient that want to be a participant in a clinical trail).

Draft a list of Unstructured interview questions based on a clinical trail as a topic.

This is towards understanding for structured vs. unstructured interview types.

Draft about 10 questions for a Unstructured interview please. The questions should be things that an interviewer to ask a participant (who will be a patient that want to be a participant in a clinical trail).

Cash is a monetary and financial asset. It is the most liquid finance asset; it is also the standard medium of exchange for most business transactions. Cash is usually classified as a current account, however there are circumstances in which cash is classified as a non-current asset. Required: With the aid of a suitable example, explain when can be classified as a non-current asset.

B. Study the following items related to transactions during the year to September 30, 2020 for Thompson’s Tours’ Inc. All transactions are reported on the financial statements in $XCD.

I. A bank overdraft of $200,000 in a chequing account at St Kitts National Bank.

II. A saving account with a balance of $400,000 at Open Campus Bank and chequing account with an overdraft of $100,000 at the same bank repayable on demand.

III. The Operation Manager was given a salary advance of $2,000 on August 24, 2020 and this amount was deducted from his October salary.

IV. CAD$3,045 on hand from tips up to March 31, 2020, its pre-COVID operations when the exchange rate was CAD$1 = $2.01 XCD. On September 30, 2020, the exchange rate was CAD$1 = $1.95 XCD

V. Special Edition Independence postage stamps on hand valued at $200.

VI. Cash holdings of US$100,000, the exchange rate on September 30, 2020 is $2.70.

VII. Petty cash on hand valued at $1,500.

VIII. A cheque in the amount of $5,000 and dated October 23, 2020 was received from a customer on September 27, 2020.

IX. Short term 60 days treasury bill valued at $35,000.

X. Thompson’s Tours’ Inc. invested $1,000,000 in a money market fund with Mona Campus Bank on July 10, 2020 which will mature on October 9, 2020.

Required:

a. List all items from above that would NOT be classified as cash or cash equivalents in the current asset section of Thompson’s Tours’ Inc. Statement of Financial Position as at September 30, 2020? State how each of these items would then be classified in the financials.

b) . Using the information in B above, calculate the cash and cash equivalent value that would appear in Thompson’s Tours’ Inc. Statement of Financial Position on September 30,2020

1a.An eight-year corporate bond with a face value of $1000 has a 7 percent coupon rate. What should be the bond's price if the required return is 5 percent and the bond pays interest semiannually?

A. $1,062.81 B. $1,062.10 C. $1,053.45 D. $1,052.99 E. $1,130.55

1b. Upon graduating from college this year, you expect to earn $50,000 per year. If you get your MBA, in one year you can expect to start at $70,000 per year. Over the year, inflation is expected to be 5 percent. In today's dollars, how much additional (less) money will you make from getting your MBA (to the nearest dollar) in your first year?

A. -$2,462 B. $8,333 C. $8,750. D. $16,667 E. $20,000

1c. The duration of a 270-day T-Bill is (in years)

A. 0.493.

B. 0.246.

C. 1.

D. 0.7397

E. indeterminate.

Anna has just completed her undergraduate degree and is already planning to enter an MBA program one year from today. The MBA tuition will be $7,000 per year for 2 years, paid at the beginning of each year. In addition, Anna would like to retire 20 years from today and spend $50,000 every year for 10 years (years 20-29, withdrawn at the beginning of each year). To fund her expenditures, Anna will save money at the end of year 0 and at the end of years 3-19. At the end of year 29, she wants to have nothing in her bank account. Do not enter a comma or dollar sign.

Assuming that the interest rate is 5%, calculate the constant annual dollar amount that she must save at the end of each of these years to cover all of her expenditures (tuition and retirement).

If the retirement spending increases to $60,000, what is the constant annual dollar amount that she must save?