acquiring the technology that is best suited for a business is not an easy decision to make and it requires, financial, technical and institutional resources. should the business develop its technology itself or develop it from a source outside? discuss the strategies that a business must consider when choosing technology. for each strategy indicate its advantages and disadvantages.

Do you think you could be completely disconnected from any type of modern technology? Would there be benefits to disconnecting? Is there a specific technology or gadget that you use in your personal life that you could not live without? Could you do your current job without technology? Why or why not?

Paper Two

Find four (4) current event articles related to the following topics:

• Recently introduced Technology(ies) with impact upon society / people

• Workplace specific technologies,

• Technology with potential Intellectual Property, Patent or Cybersecurity concerns

• Technology with Privacy and / or Free Speech concerns

Write-up a summary of the current event article and include the following information as part of your discussion write-up. 1 point is awarded for satisfactory completion of each of the following (max score = 5)

1. What technology-based standards are presently used by governments, institutions or organizations to govern the technology?

2. What historical basis exist for such standards?

3. Discuss both the benefits and disadvantages of the technology upon society

4. Identify segments, groups or populations within society that are negatively impacted by the introduction of the technology, and discuss what gaps or measures should be taken

5. Identify segments, groups or populations within society that are most benefited by the technology

___________

The paper should 1-1.5 pages per article but do not race to fill the page. Answer the questions on each article! In terms of using articles to use: tech magazines are fine, academic journals, and mainstream media outlets.

Do not use tabloids or fringe sites such as the NY Post, Breitbart, National Enquirer, the Socialist Daily. NY Daily News and Huff Post are acceptable if the article is substantive. Beware of Blogs!!

Forecasting and Estimating Share Value Using the DCF Model
Following are the income statement and balance sheet for Intel Corporation.

*This should be considered as operating income.

** These investments are operating assets as they relate to associated companies.

(a) Compute Intel's net operating assets (NOA) for year-end 2010.
2010 NOA = $Answer

(b) Compute net operating profit after tax (NOPAT) for 2010, assuming a federal and state statutory tax rate of 37%.

HINT: Gains/losses on equity method investments are considered operating income. Round your answer to the nearest whole number.
2010 NOPAT = $Answer

(c) Forecast Intel's sales, NOPAT, and NOA for years 2011 through 2014 using the following assumptions:

Forecast the terminal period value using the assumptions above and assuming a terminal period growth of: 1%.

* Use sales rounded to nearest whole number for this calculation.

(d) Estimate the value of a share of Intel common stock using the discounted cash flow (DCF) model as of December 25, 2010; assume a discount rate (WACC) of 11%, common shares outstanding of 5,511 million, and net nonoperating obligations (NNO) of $(21,178) million (NNO is negative which means that Intel has net nonoperating investments).

Use your rounded answers for subsequent calculations.

Do not use negative signs with any of your answers below.

(e) Intel (INTC) stock closed at $22.14 on February 18, 2011. How does your valuation estimate compare with this closing price?
What do you believe are some reasons for the difference? What investment decision is suggested from your results?
(Select all that apply)

Answeryesno

Our lower stock price estimate may be due to more pessimistic forecasts or a higher discount rate compared to other investors' and analysts model assumptions.
Answeryesno

Our stock price estimate is higher than the INTC market price as of February 18, 2011, indicating that we believe the stock is undervalued.
Answeryesno

Stock prices are a function of expected NOPAT and NOA, as well as the WACC discount rate.
Answeryesno

Our higher stock price estimate may be due to more optimistic forecasts or a lower discount rate compared to other investors' and analysts model assumptions.

Accounting for Governmental & Nonprofit Entities 18e (Reck)

City of Smithville 2019-2020 (Short Version)

Chapter 4 Recording Operating Transactions Affecting the General Fund and Governmental Activities at the Government-wide Level

Presented below are a number of transactions for the City of Smithville that occurred during fiscal year 2020, the year for which the budget given in Chapter 3 was recorded.   Read allinstructions carefully.

After opening the data file containing your data from Chapters 2 and 3 of this project, record the following transactions in the general journal for the General Fund and, if applicable, in the general journal for governmental activities at the government-wide level.  For all entries, the date selected should be year 2020.  For each of the paragraphs that requires entries in both the General Fund and governmental activities journals, you can either record them in both journals on a paragraph-by-paragraph basis or, alternatively, record all the General Fund journal entries first for all paragraphs, then complete the governmental activities journal entries for all paragraphs.  If you choose the latter method, it might be useful to print the General Fund general journal entries to assist in making the entries in the governmental activities journal.  Regardless of the method you choose, we highly recommend that you refer to the illustrative journal entries in Chapter 4 of the Reck, Lowensohn, and Neely textbook (18^thedition) for guidance in making all entries.

For each entry affecting budgetary accounts or operating statement accounts, you will be directed to the Detail Journal to record the appropriate amounts in the detail budgetary or actual accounts as was the case in Chapter 3.

1.   [Para. 4-a-1] On January 2, 2020, real property taxes were levied for the year in the amount of $1,878,700.  It was estimated that 2 percent of the levy would be uncollectible.

Required: Record this transaction in both the General Fund and governmental activities journal. (Note: Type 4-a-1 as the paragraph number in the [Add description]field for this entry; 4-a-2 for the next transaction, etc. Careful referencing by paragraph number is very helpful should you need to determine where you may have omitted a required journal entry or may have made an error.) For the General Fund only you will be directed to the Detail Journal where you will select “Accrued Revenue” in the drop down[Description] menu when recording property tax revenue.

2.   [Para. 4-a-2] Encumbrances were recorded in the following amounts for purchase orders issued against the appropriations indicated:

                        General Government                           $135,673

                        Public Safety                                         386,652

                        Public Works                                        180,804

                        Culture and Recreation                         126,599

                             Total                                              $829,728

Required:  Record the encumbrances in the General Fund general journal and Detail Journal as appropriate.  In the Detail Journal, select “Purchase orders” from the drop down [Description]menu.

[Para. 4-a-3]Cash was received during the year in the total amount of $4,028,058 for collections from the following receivables and cash revenues, as indicated:

                        Current Property Taxes                                         $1,488,206

                        Delinquent Property Taxes                                         387,201

                        Interest and Penalties Receivable on Taxes                  34,270

                        Due from State Government                                      165,000

                        Revenues: (total: $1,953,381)

                              Licenses and Permits                                            477,960

                              Fines and Forfeits                                                211,106

                              Intergovernmental                                                639,000

                              Charges for Services                                           625,315

                                   Total                                                          $4,028,058

Required:  Record the receipt of cash and the related credits to receivables and revenues accounts, as applicable, in both the General Fund and governmental activities journals.  (Select “Received in cash” in the drop down [Description]menu in the Detail Journal related to the General Fund revenue entries.)

For purposes of the governmental activities entries at the government-wide level assume the following revenue classifications:

          General Fund                                  Governmental Activities                      

        Licenses and Permits         Program Revenues—General Government—

                                                           Charges for Services

        Fines and Forfeits             Program Revenues—General Government—

                                                           Charges for Services

        Intergovernmental             Program Revenues—Public Safety—Operating

                                                           Grants and Contributions

      Charges for Services       Program Revenues—General Government—

                                                          Charges for Services, $343,924

                                                  Program Revenues—Culture and Recreation—

                                                           Charges for Services, $281,391

[Para. 4-a-4]Of the $387,201 in delinquent property taxes collected in transaction 4-a-3 $76,994 had been recorded in the Deferred Inflows of Resources account. Additionally, $7,840 of the interest and penalties collected in 4-a-3 had also been recorded as deferred inflows of resources.

Required:  In the General Fund recognize the property tax revenues and the interest and penalties revenues related to the deferred inflows of resources. To do this debit the Deferred Inflows of Resources account and credit related property tax revenues and interest and penalties revenues. Select “Previous Deferral” in the [Description]menu in the Detail Journal. Under accrual accounting the deferral was not recognized in the governmental activities journal; therefore, there is no need to record a journal entry in the governmental activities journal.

[Para. 4-a-5] General Fund payrolls for the year totaled $3,179,547. Of that amount, $667,705 was withheld for employees' federal income taxes; $453,291 for federal payroll taxes; $238,466 for retirement funds administered by the state government; and the remaining $1,820,085 was paid to employees in cash. The City of Smithville does not record encumbrances for payrolls. The payrolls were chargeable against the following functions:

                  General Government                                 $   663,678   

                  Public Safety                                              1,539,302

                  Public Works                                                 542,765

                  Culture and Recreation                                  433,802

                        Total                                                    $3,179,547

Required:  Make summary journal entries for payroll in both the General Fund and governmental activities general journals for the year.

6.   [Para. 4-a-6] Invoices for someof the goods recorded as encumbrances in transaction 4-a-2 were received and vouchered for payment, as listed below. Related encumbrances were canceled in the amounts listed below (Select “Elimination” in the drop down [Description]menu in the Detail Journal):

                                                                                 Expenditures     Encumbrances

                  General Government                                 $130,606         $  130,572                  

      Public Safety                                              366,088              366,154

                  Public Works                                              141,981              141,972

                  Culture and Recreation                                126,000             125,965

                        Total                                                    $764,675            $764,663

Required:  Record the receipt of these goods and the related vouchers payable in both the General Fund and governmental activities journals.  In the Detail Journal select “Good received” for the expenditures description. At the government-wide level, you should assume the city uses the periodic inventory method.  Thus, the invoiced amounts above should be recorded as expenses of the appropriate functions, except that $32,340 of the amount charged to the Public Works function was for a vehicle (debit Equipment for this item at the government-wide level).

7.   [Para. 4-a-7]During FY 2020, the City of Smithville received notification that the state government would send $150,000 at the beginning of the next fiscal year.  Based on the city’s definition of “available for use,” the city considers the funds available for General Government’s use in the current reporting period.  The budget for the current year included this amount as "Intergovernmental Revenue.”   

Required:  Record this transaction as a receivable and revenue in the General Fund and governmental activities journals.  (Note: Select “Accrued Revenue” in the [Description]menu  in the Detail Journal).  At the government-wide level, assume that this item is an operating grant to the Culture and Recreation function.

8.   [Para. 4-a-8]Checks were written in the total amount of $2,096,571 during 2020.  These checks were in payment of the following items:

Vouchers Payable                                  $   700,000

Due to Federal Government                     1,131,506  

Due to State Government                            265,065

      Total amount paid                             $2,096,571

Required:   Record the payment of these items in both the General Fund and governmental activities general journals.

9.   [Para. 4-a-9]Current taxes receivable uncollected at year-end, and the related Allowance for Uncollectible Current Taxes account, were both reclassified as delinquent. Of the amount classified as delinquent it was determined $87,010 would not be collected within 60 days of the fiscal year end and would therefore be unavailable for use in the current period.  As a result, this amount was reclassified as deferred inflows of resources.

Required:  Record the reclassification of the current taxes receivable and related allowance for uncollectible account in the General Fund and governmental activities journals.

Reclassify $87,010 of property tax revenue to the Deferred Inflows of Resources account in the General Fund journal only. (Note: To accomplish the reclassification of revenue, debit the revenue account and credit deferred inflows of resources. Select “Deferral” in the [Description]menu in the Detail Journal.)

10.[Para. 4-a-10]Interest and penalties receivable on delinquent taxes was increased by $40,500; $3,248 of this was estimated as uncollectible and $8,910 was considered unavailable for use in the current fiscal year.

Required:  Record this transaction in the General Fund and governmental activities journals as a revenue transaction. The $8,910 classified as unavailable for use is recorded as deferred inflows of resources in the General Fund journal and as revenue in the governmental activities journal.

Post all journal entries to the ledgers: After reviewing all entries for accuracy, including year and paragraph numbers, post all entries to the general ledger accounts and to all subsidiary ledger accounts, by clicking on [Post entries].  Also post all entries in the governmental activities journal.

Closing Entry.Following the instructions in the next paragraph, prepare and post the necessary entries to close the General Fund Estimated Revenues and Appropriations accounts to Budgetary Fund Balance, and Revenues and Expenditures to Fund Balance—Unassigned.  Because the City of Smithville honors all outstanding encumbrances at year-end, it is not necessary to close Encumbrances to Encumbrances Outstanding at year-end since encumbrances do not affect the General Fund balance sheet or statement of revenues, expenditures, and changes in fund balances.  If, however, you would like to avoid having these accounts appear in the post-closing trial balance, you can opt to close Encumbrances to Encumbrances Outstanding.  If the accounts are closed, they would need to be reestablished at the beginning of the next year.

To close the temporary accounts, you must click the box for [Closing Entry]that appears when you [Add new entry]. “Closing Entry” will appear in the [Add credit] field. Be sure the check mark in the box for [Closing Entry]is showing before closing each individual account.  Also, you will be sent to the Detail Journal where you must close each individual budgetary or operating statement account. To determine the closing amounts for both General Ledger and subsidiary ledger accounts, you will need to print the pre-closing version of these ledgers for year 2020 from the [Reports]menu.

      At year-end, an analysis by the city’s finance department determined the following constraints on fund balances in the General Fund.  Prepare the appropriate closing/reclassification journal entry in the General Fund to reclassify amounts between Fund Balance—Unassigned and the fund balance accounts corresponding to the constraints shown below. (Note: You should consider the beginning of year balances in fund balance accounts in calculating the amounts to be reclassified. Be sure the check mark in the box for [Closing Entry]is showing before closing each individual account.)

                       Account                                                     Ending Balance

Fund Balance—Restricted—General Government           $36,000

            Fund Balance—Committed—Public Works                      12,700

            Fund Balance—Assigned—Culture and Recreation                   0

      Note: DO NOT PREPARE CLOSING ENTRIES FOR GOVERNMENTAL ACTIVITIES AT THIS TIMEsince governmental activities will not be closed until Chapter 9, after the capital projects fund (Chapter 5) and debt service fund (Chapter 6) transactions affecting governmental activities at the government-wide level have been recorded.

b.   Select [Export] from the drop down [File]menu to create an Excel worksheet of the General Fund post-closing trial balance as of December 31, 2020.  Use Excel to prepare in good form a balance sheet for the General Fund as of December 31, 2020.  Follow the format shown in Illustration 4-4 of Reck, Lowensohn, and Neely, Accounting for Governmental & Nonprofit Entities, 18th editiontextbook (hereafter referred to as “the textbook.”)

c.   Select [Export] from the drop down [File]menu to create an Excel worksheet of the General Fund pre-closing subsidiary ledger account balances for the year 2020.  Use Excel to prepare in good form a statement of revenues, expenditures, and changes in fund balance for the General Fund for the year ended December 31, 2020. (See Illustration 4-5 in the textbook for an example format.)

d.   Use the Excel worksheet of the General Fund pre-closing subsidiary ledger account balances created in part cabove to prepare in good form a schedule of revenues, expenditures, and changes in fund balance—budget and actual for the General Fund for the year ended December 31, 2020. (See Illustration 4-6 in the textbook for an example format.)

e.   Prepare a reconciliation of total expenditures reported in your solution to part cof this problem with the total expenditures and encumbrances reported in your solution to part dof this problem. (In Chapter 4 below Illustration 4-5, see discussion and example which compares Illustrations 4-5 and 4-6.)

[Note: File the printouts of all your worksheets and your completed financial statements in your cumulative problem folder until directed by your instructor to submit them, unless your instructor specifies submission of files electronically.]

Before closing the City of Smithvilleit is recommended that you save a backup copy of your work to another location by clicking on [File]and[Save As]

for Windows and Mac.  Click on “Export my Project” if you are using Chromebook.

The before-tax income for Whispering Co. for 2020 was $97,000 and $72,300 for 2021. However, the accountant noted that the following errors had been made:

Prepare a schedule showing the determination of corrected income before taxes for 2020 and 2021. (Enter negative amounts using either a negative sign preceding the number e.g. -15,000 or parentheses e.g. (15,000). Round answers to 0 decimal places, e.g. 125.)

Question 3

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Mark 54.34 out of 98.00

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Developing a Master Budget
for a Merchandising Organization
Peyton Department Store prepares budgets quarterly. The following information is available for use in planning the second quarter budgets for 2010.

Actual and forecasted sales for selected months in 2010 are as follows:

Monthly operating expenses are as follows:

Cash dividends of $17,000 are declared during the third month of each quarter and are paid during the first month of the following quarter. Operating expenses, except insurance, rent, and depreciation are paid as incurred. Rent is paid during the following month. The prepaid insurance is for five more months. Cost of goods sold is equal to 50 percent of sales. Ending inventories are sufficient for 120 percent of the next month's sales. Purchases during any given month are paid in full during the following month. All sales are on account, with 50 percent collected during the month of sale, 40 percent during the next month, and 10 percent during the month thereafter. Money can be borrowed and repaid in multiples of $1,000 at an interest rate of 12 percent per year. The company desires a minimum cash balance of $4,000 on the first of each month. At the time the principal is repaid, interest is paid on the portion of principal that is repaid. All borrowing is at the beginning of the month, and all repayment is at the end of the month. Money is never repaid at the end of the month it is borrowed.

• Part A
• Part B
• Part C
• Part D
• Part E
• Part F

(c) Prepare a cash disbursements schedule for each month of the second quarter ending June 30, 2010. Do not include repayments of borrowings.

(d) Prepare a cash budget for each month of the second quarter ending June 30, 2010. Include budgeted borrowings and repayments.

Only use negative signs, if needed, for: excess receipts over disbursements, balance before borrowings and cash balances (beginning and ending).

(e) Prepare an income statement for each month of the second quarter ending June 30, 2010.

Only use negative signs to show net losses in income.

(f) Prepare a budgeted balance sheet as of June 30, 2010.

The case:

Hai Vu is the new president of Pacific Coast Optics (PCO) a small manufacturing firm in Sacramento, CA which produces fiber lenses for Street Mapping System, Infrared Lens for Anti-Terrorism Detection, and Camera Lenses for the Mars Rove. Hai Vu recently bought this company from his former employer. PCO used brokers to sell to wholesalers who marketed to retailers. Hai Vu occasionally thought about eventually developing his own sales force, but that was still some time away. Hai Vu is currently taking a second look at his plan to improve his firm’s profit performance. In 2019 PCO had a modest profit of $160,000; his 2020 goal is to increase this by 25%.

The 2019 retail selling prices of the three products PCO sold were $100,000 (Camera Lenses for the Mars Rove, $70,000 (Street Mapping Systems), and $25,000 (Infrared Lens for Anti-Terrorism Detection) per product, accounting for 25%, 40%, and 35%, respectively, of retail sales.  In 2019, PCO paid its brokers a 6% commission on all products sold to wholesalers. Wholesalers margin was 28% on retailer purchase price while retailers’ markup was 39% on wholesaler selling price. PCO’s 2019 material and labor costs per product ran about $20,000, while packaging and crating costs were $500 per product.

Hai Vu estimates machinery maintenance expenditures to be about $90,000 per year. PCO uses both “push” and “pull” promotional approaches to marketing through their channels of distribution. PCO products aside a $5 product information brochure for every product . In 2019, PCO attended two national trade shows at $9,000 each and 4 regional trade shows at about $4,000 each. PCO spent nearly $240,000 advertising in national consumer magazines and an additional $30,000 in trade publications to wholesalers and retailers. All of these will repeat for 2020.

Broker commission for 2020 will increase to 12% while packaging crating costs will go up to $505 per product. Hai Vu also plans to increase 2020 manufacturer selling price by about $2000 per product.

Assuming no changes in costs and prices other than those mentioned earlier, how will Hai Vu’srequired level of sales (RLS) to reach the 2020 profit goal, in units and dollars, differ from those for the 2019 profit goal, in units and dollars? That is, will they go up, down or stay the same?

•

Q07.​What is the proposed PCO manufacturer selling price per product and $ profit goal for 2020?

In an effort to promote a new product, a marketing firm asks participants to rate the effectiveness of ads that varied by length (short, long) and by type of technology (static, dynamic, interactive). Higher ratings indicated greater effectiveness.

(a) Complete the F-table and make a decision to retain or reject the null hypothesis for each hypothesis test. (Assume experimentwise alpha equal to 0.05.)

Please help, I'm having trouble answering. Thank you!

Using high-quality electronic sources of healthcare information is an expectation of the Registered Nurse. Technology is used for medication administration, patient identification, and increasing continuity of care. The application of technology and information management helps to support safe, quality care. Another responsibility of the professional nurse is to identify and utilize valid evidence-based practices. To ensure that best practices take place in healthcare, the nurse must understand when a modification to evidence-based practices is necessary.

Provide an example of RN experience(s) with technology, patient confidentiality, and evidence-based practices. This can either be from a healthcare perspective, or in everyday life.

What areas of Technology for RN’s are strong in knowledge and/or experience and what areas of technology for RN’s are the weakest knowledge and/or experience?