Questions
Silver Cloud Computing is a company that provides cloud computing services. The company commenced operations on...

Silver Cloud Computing is a company that provides cloud computing services. The company commenced operations on March 1, 2016. It acquired financing from the issuance of common stock for $40,000,000 and issuance of 4% bonds that mature in 2026 for $30,000,000. The income statements and balance sheets for the first two years are provided in a separate Excel spreadsheet. All amounts are in thousands.

           

Required:

The Chief Executive Officer (CEO) is interested in increasing sales and decreasing expenses. You have been requested to prepare a report that provides analysis of the financial statements and recommendations to improve the financial performance of the company. Your report should include the following items:

Calculate the following ratios and provide an analysis of the company based on the ratios: (Show Work)

Return on Equity=

PPE Turnover=

Total Liabilities to Equity=

Times Interest Earned=

SILVER CLOUD COMPUTING

Income Statements
For the Years Ended February 28, 2018 and 2017
fye 2/28/2018 fye 2/28/2017
(in thousands) (in thousands)
Sales $225,000 $200,000
Sales Discounts 3,375 2,500
Net Sales 221,625 197,500
Wages and Salaries 73,500 70,000
Bad Debt Expense 2,100 2,000
Depreciation 20,000 20,000
Marketing Expense 33,750 30,000
Occupancy Expense 54,000 54,000
Research & Development 22,500 20,000
Total Expenses 205,850 196,000
Income from Operations 15,775 1,500
Interest Expense 1,200 1,200
Income Before Taxes 14,575 300
Income Taxes (40%) 5,830 120
Net Income $8,745

$180

SILVER CLOUD COMPUTING

Balance Sheets
February 28, 2018 and 2017 and February 29, 2016
At Inception
Feb 28 2018 Feb 28 2017 Feb 29 2016
(in thousands) (in thousands) (in thousands)
Cash $55,755 $22,300.00 $10,000
Accounts Receivable 18,000 16,000 -
Net Computer Equipment 20,000 40,000 60,000
Total Assets $93,755 $78,300 $70,000
Accounts Payable $9,000 $8,000 $-   
Taxes Payable 5,830 120 -
Long-term Debt 30,000 30,000 30,000
Common Stock 40,000 40,000 40,000
Retained Earnings 8,925 180 -
Total Liabilities & Stockholders Equity $93,755 $78,300

$70,000

In: Accounting

Silver Cloud Computing is a company that provides cloud computing services. The company commenced operations on...

Silver Cloud Computing is a company that provides cloud computing services. The company commenced operations on March 1, 2016. It acquired financing from the issuance of common stock for $40,000,000 and issuance of 4% bonds that mature in 2026 for $30,000,000. The income statements and balance sheets for the first two years are provided in a separate Excel spreadsheet. All amounts are in thousands.

           

Required:

The Chief Executive Officer (CEO) is interested in increasing sales and decreasing expenses. You have been requested to prepare a report that provides analysis of the financial statements and recommendations to improve the financial performance of the company. Your report should include the following items:

Calculate the following ratios and provide an analysis of the company based on the ratios: (SHOW ALL WORK)

Financial Leverage

Return on Equity

PPE (property Plant& Equipment) Turnover

Total Liabilities to Equity

Times Interest Earned

SILVER CLOUD COMPUTING
Income Statements
For the Years Ended February 28, 2018 and 2017
fye 2/28/2018 fye 2/28/2017
(in thousands) (in thousands)
Sales $225,000 $200,000
Sales Discounts 3,375 2,500
Net Sales 221,625 197,500
Wages and Salaries 73,500 70,000
Bad Debt Expense 2,100 2,000
Depreciation 20,000 20,000
Marketing Expense 33,750 30,000
Occupancy Expense 54,000 54,000
Research & Development 22,500 20,000
Total Expenses 205,850 196,000
Income from Operations 15,775 1,500
Interest Expense 1,200 1,200
Income Before Taxes 14,575 300
Income Taxes (40%) 5,830 120
Net Income $8,745 $180
SILVER CLOUD COMPUTING
Balance Sheets
February 28, 2018 and 2017 and February 29, 2016
At Inception
Feb 28 2018 Feb 28 2017 Feb 29 2016
(in thousands) (in thousands) (in thousands)
Cash $55,755 $22,300.00 $10,000
Accounts Receivable 18,000 16,000 -
Net Computer Equipment 20,000 40,000 60,000
Total Assets $93,755 $78,300 $70,000
Accounts Payable $9,000 $8,000 $-   
Taxes Payable 5,830 120 -
Long-term Debt 30,000 30,000 30,000
Common Stock 40,000 40,000 40,000
Retained Earnings 8,925 180 -
Total Liabilities & Stockholders Equity $93,755 $78,300 $70,000

In: Accounting

Silver Cloud Computing is a company that provides cloud computing services. The company commenced operations on...

Silver Cloud Computing is a company that provides cloud computing services. The company commenced operations on March 1, 2016. It acquired financing from the issuance of common stock for $40,000,000 and issuance of 4% bonds that mature in 2026 for $30,000,000. The income statements and balance sheets for the first two years are provided in a separate Excel spreadsheet. All amounts are in thousands.

           

Required:

The Chief Executive Officer (CEO) is interested in increasing sales and decreasing expenses. You have been requested to prepare a report that provides analysis of the financial statements and recommendations to improve the financial performance of the company. Your report should include the following items:

Prepare common sized financial statements for both years and provide comments on the differences between the years.Are there any areas of concern?

Calculate the following ratios and provide an analysis of the company based on the ratios:

Days Sales Outstanding

Profit Margin

Asset Turnover

Return on Assets

Financial Leverage

Return on Equity

PPE Turnover

Total Liabilities to Equity

Times Interest Earned

fye 2/28/2018 fye 2/28/2017
(in thousands) (in thousands)
Sales $            225,000 $            200,000
Sales Discounts                     3,375                     2,500
Net Sales                221,625                197,500
Wages and Salaries                  73,500                  70,000
Bad Debt Expense                     2,100                     2,000
Depreciation                  20,000                  20,000
Marketing Expense                  33,750                  30,000
Occupancy Expense                  54,000                  54,000
Research & Development                  22,500                  20,000
Total Expenses                205,850                196,000
Income from Operations                  15,775                     1,500
Interest Expense                     1,200                     1,200
Income Before Taxes                  14,575                        300
Income Taxes (40%)                     5,830                        120
Net Income $                8,745 $                    180
SILVER CLOUD COMPUTING
Balance Sheets
February 28, 2018 and 2017 and February 29, 2016
At Inception
Feb 28 2018 Feb 28 2017 Feb 29 2016
(in thousands) (in thousands) (in thousands)
Cash $              55,755 $       22,300.00 $        10,000
Accounts Receivable                  18,000                 16,000                        -
Net Computer Equipment                  20,000                 40,000             60,000
Total Assets $              93,755 $             78,300 $        70,000
Accounts Payable $                9,000 $               8,000 $                  -  
Taxes Payable                     5,830                       120                        -
Long-term Debt                  30,000                 30,000             30,000
Common Stock                  40,000                 40,000             40,000
Retained Earnings                     8,925                       180                        -
Total Liabilities & Stockholders Equity $              93,755 $             78,300 $        70,000

In: Accounting

Problems 14 pertain to the data set of 85 measurements represented by the following ordered stem...

Problems 14 pertain to the data set of 85 measurements represented by the following ordered stem and leaf diagram, in which the stems are the digits in the tens place and leaves are the digits in the ones place. For these data Px = 3, 957 and Px 2 = 203, 589.

6 0 0 0 1 1 1 1 2 2 2 3 3 3 4 4 5 5 6 7 7 7 8 8

5 0 0 1 1 1 2 2 3 4 4 5 5 5 6 6 7 8 8 9 9

4 0 1 1 2 2 3 3 4 4 6 6 6 7 7 8 9

3 0 0 1 2 3 4 4 5 6 7 7

2 0 2 3 5 5 5 6 6 7 8

1 6 6 7 8 9

1. The sample mean of this data set is about: (a) 32.2 (b) 41.8 (c) 50.8 (d) 46.6 (e) 39.7

2. The sample standard deviation of this data set is about: (a) 12.4 (b) 228.0 (c) 15.2 (d) 18.3 (e) 230.7

3. The sample median is about: (a) 47.0 (b) 42.5 (c) 50.0 (d) 46.3 (e) 37.5

4. The percentile rank of the measurement 25 is about: (a) 25 (b) 42 (c) 13 (d) 9 (e) 18

In: Statistics and Probability

In C++, create a function exchangesl that takes an argument of an array of integers (...

In C++, create a function exchangesl that takes an argument of an array of integers ( for C++ use implement void exchangesl(vector<int>& a) . Those integers need to be changed so that the smallest and largest values in the array are exchanged. Assume that there is at least one element, if the largest value occurs more than once then exchange the first instance, if the smallest value happens more than once then exchange the last instance.

Use the following file:

Tester.cpp

#include <vector>
#include <iostream>
using namespace std;

void exchangesl(vector<int>&);

void print(vector<int> v)
{
   for (int i = 0; i < v.size(); i++)
   {
      if (i == 0) cout << "["; else cout << ", ";
      cout << v[i];
   }
   cout << "]" << endl;
}

main()
{
   vector<int> a = { 1, 9, -1, 4, -1, 6, 11, 8 };
   exchangesl(a);
   print(a);
   cout << "Expected: [1, 9, -1, 4, 11, 6, -1, 8]" << endl;

   vector<int> b = { 1, 9, -1, 4, -1, 6, 11, 8, 9, -1 };
   exchangesl(b);
   print(b);
   cout << "Expected: [1, 9, -1, 4, -1, 6, -1, 8, 9, 11]" << endl;
   
   vector<int> c = { 1, 2, 3, 4, 5, 4, 3, 2, 1, 2, 3, 4, 5, 4, 3, 2, 1 };
   exchangesl(c);
   print(c);
   cout << "Expected: [1, 2, 3, 4, 1, 4, 3, 2, 1, 2, 3, 4, 5, 4, 3, 2, 5]" << endl;     
}

In: Computer Science

a. Use an appropriate test to evaluate whether the number of prey eaten differs among three...

a. Use an appropriate test to evaluate whether the number of prey eaten differs among three habitat types. Assume the data are normally distributed.

b. If habitat type affects the number of prey eaten, determine which habitats differ from which others.

c. Evaluate the same hypothesis, but now assume that the data are not distributed normally (You don’t need to determine which habitats differ from which others for this question)

1) State all relevant hypotheses (nulls and alternatives).

2) State which test was used and why you used it.

3) State conclusions after completing your analyses.

habitat n eaten
1 1
1 2
1 2
1 3
1 3
1 4
1 4
1 4
1 4
1 6
1 2
1 5
1 9
1 7
1 0
2 2
2 0
2 1
2 3
2 3
2 0
2 4
2 0
2 0
2 4
2 0
2 6
2 5
2 1
2 7
3 0
3 0
3 2
3 0
3 0
3 0
3 1
3 0
3 0
3 1
3 0
3 0
3 1
3 0
3 0

In: Statistics and Probability

Pacific Healthcare is an investor-owned hospital chain that owns and operates nine hospitals in Washington, Oregon,...

Pacific Healthcare is an investor-owned hospital chain that owns and operates nine hospitals in Washington, Oregon, and Northern California. You are a recent graduate of a prominent healthcare administration program and have just been hired by Washington Medical Center, Pacific’s largest hospital. Like all new management personnel, you must undergo three months of intensive training at the system level before joining the hospital. You begin by examining Pacific’s annual report to get some basic financial data. You search Yahoo! Finance, CNNMoney, Bloomberg, and MSN Money for current market data as well as analysts’ forecasts for Pacific Healthcare and the market. You discover that Pacific’s stock is currently selling for $8 per share, current dividend is $0.48 per share (paid on December 31, 2019), and the beta coefficient is 1.2. In addition, you learn that the yield on long-term Treasury bonds is 5.0 percent and that a market return of 11 percent is expected. Most analysts forecast that Pacific will grow about 10 percent per year for the next five years (2020-2024) and 4 percent per year thereafter (2025 and beyond). Based on these growth forecasts, you assembled the forecast dividends per share, as shown in the below exhibit. -

Historical Year/Dividends per share 2014/$0.215; 2015/$0.324; 2016/$0.353; 2017/$0.362; 2018/$0.391; 2019/$0.480

Forecast Year/Dividend per Share 2020/$0.528; 2021/$0.581; 2022/$0.639; 2023/$0.703; 2024/$0.773; 2025/$0.804; 2026/$0.836

Excel Problem (Answers to highlighted cells): If investors estimate that Pacific Healthcare will grow about 10 percent per year for the next five years (2020-2024), what constant growth rate (2025+) are they using to price the stock? (Hint: what constant growth rate (2025+) produces an actual December 31, 2019 stock price of $8?)

Year D(0) Growth E(D1)
2019 0 $0.48
2020 1 $0.48 10% $0.53
2021 2 $0.53 10% $0.58
2022 3 $0.58 10% $0.64
2023 4 $0.64 10% $0.70
2024 5 $0.70 10% $0.77
2025 6 $0.77 $0.77
2020 2021 2022 2023 2024 PV
Year 1-5 dividends $0.53 $0.58 $0.64 $0.70 $0.77
Year 6+ dividends
Actual stock price on December 31, 2019
Hint: Actual stock price on December 31, 2019 should equal $8

In: Finance

1 1.100 0.9091 1.0000 0.9091 . . . . . . . . . . ....

1

1.100

0.9091

1.0000

0.9091

. . .

. . .

. . .

. . .

. . .

6

1.7716

0.5645

7.7156

4.3553

7

1.9487

0.5132

9.4872

4.8684

8

2.1436

0.4665

11.4359

5.3349

9

2.3579

0.4241

13.5795

5.7590

10

2.5937

0.3855

15.9374

6.1446

11

2.8531

0.3505

18.5312

6.4951

12

3.1384

0.3186

21.3843

6.8137

13

3.4523

0.2897

24.5227

7.1034

14

3.7975

0.2633

27.9750

7.3667

15

4.1772

0.2394

31.7725

7.6061

16

4.5950

0.2176

35.9497

7.8237

  1. Your client will make annual payments of $2,500 into a fund at the close of each year. She has asked you how many $2,500 annual payments will be required to bring the fund to $22,500 assuming that the fund earns interest at 10% compounded annually. Compute the total number of full payments of $2,500 required and the amount of the final payment if it does not require the entire $2,500.

Number of full payments:

Amount of last payment: $ (Round to the nearest dollar.)

  1. Your client wishes to provide for the payment of an obligation of $200,000 due on July 1, 2026. He plans to deposit $20,000 in a special fund each July 1 for 7 years starting July 1, 2020. He wishes to make an initial deposit on July 1, 2019, of an amount that, with its accumulated interest, will bring the fund up to $200,000 at the maturity of the obligation. He expects that the fund will earn interest at the rate of 10% compounded annually. Compute the amount to be deposited July 1, 2019.

(Click here to access the PV and FV tables to use with this problem.)

Round your answer to two decimal places.

Initial deposit required: $

In: Accounting

You are the production manager at a parachute manufacturing company. Parachutes are woven in your factory...

You are the production manager at a parachute manufacturing company. Parachutes are woven in your factory using a synthetic fiber purchased from 1 of 4 different suppliers. The factory uses 2 types of looms, the Athenian and the Spartan. You are concerned about the consistency of parachute strength, so you measure the strength for 5 parachutes made with each of the 4 fiber suppliers, using each of the 2 looms.

Perform an ANOVA with these data for main effects and interaction effects.
Use Minitab software to find the solution.

Strength Supplier Loom
20.6 1 Athenian
18.0 1 Athenian
19.0 1 Athenian
21.3 1 Athenian
13.2 1 Athenian
18.5 1 Spartan
24.0 1 Spartan
17.2 1 Spartan
19.9 1 Spartan
18.0 1 Spartan
22.6 2 Athenian
24.6 2 Athenian
19.6 2 Athenian
23.8 2 Athenian
27.1 2 Athenian
26.3 2 Spartan
25.3 2 Spartan
24.0 2 Spartan
21.2 2 Spartan
24.5 2 Spartan
27.7 3 Athenian
18.6 3 Athenian
20.8 3 Athenian
25.1 3 Athenian
17.7 3 Athenian
20.6 3 Spartan
25.2 3 Spartan
20.8 3 Spartan
24.7 3 Spartan
22.9 3 Spartan
21.5 4 Athenian
20.0 4 Athenian
21.1 4 Athenian
23.9 4 Athenian
16.0 4 Athenian
25.4 4 Spartan
19.9 4 Spartan
22.6 4 Spartan
17.5 4 Spartan
20.4 4 Spartan

In: Statistics and Probability

weight feed 309 1 229 1 181 1 141 1 260 1 203 1 148 1...

weight feed
309 1
229 1
181 1
141 1
260 1
203 1
148 1
169 1
213 1
257 1
244 1
271 1
243 3
230 3
248 3
327 3
329 3
250 3
193 3
271 3
316 3
267 3
199 3
171 3
158 3
248 3
423 4
340 4
392 4
339 4
341 4
226 4
320 4
295 4
334 4
322 4
297 4
318 4
325 2
257 2
303 2
315 2
380 2
153 2
263 2
242 2
206 2
344 2
258 2

A 1948 study in Biometrika investigated the effects of several different diets on the weight of chickens. In this study, chickens were randomly assigned to one of several different groups, and each group of chickens received a different type of feed. The data provided represent a subset of data from this study and show the weights (in grams) of chickens receiving the sunflower, linseed, soybean, and meatmeal feeds.

Use software to conduct an analysis of variance (ANOVA) ?‑test to test the claim that the mean weights of chickens receiving sunflower, linseed, soybean, and meatmeal are equal. What are the ?‑statistic and ?-value for this test? Please round your ?‑statistic to the nearest two decimal places and your ?-value to the nearest five decimal places.

?‑statistic :

?-value:

In: Statistics and Probability