Questions
1. Monetary policy tools :(Don't write on paper I need to cope in to word doc)...

1. Monetary policy tools :(Don't write on paper I need to cope in to word doc)

a. What are the conventional monetary policy tools of a central bank.

b. How can these conventional tools be used to stimulate the economy?

c. When can a central bank be forced to turn to unconventional monetary policy tools?

d. Please describe two unconventional monetary policy tools used by the central banks globally in the aftermath of the recent financial crisis?

In: Economics

Instructions – PLEASE READ THEM CAREFULLY The Assignment must be submitted on Blackboard (WORD format only)...

Instructions – PLEASE READ THEM CAREFULLY

  • The Assignment must be submitted on Blackboard (WORD format only) via allocated folder.
  • Assignments submitted through email will not be accepted.
  • Students are advised to make their work clear and well presented, marks may be reduced for poor presentation. This includes filling your information on the cover page.
  • Students must mention question number clearly in their answer.
  • Late submission will NOT be accepted.
  • Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions.
  • All answered must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism).
  • Submissions without this cover page will NOT be accepted.

Assignment Question(s):                                                     

Q1-

A company wants to implement good internal control. What are the policies and procedures you can suggest to minimize human frauds and errors? (1Mark)

Q2-

Assume that you have a company. And the management team estimates that 3% of sales will be uncollectible.

Give any amount of sales and prepare the journal entry using the percent of sales method. (1Mark)

Q3-

A company that uses a perpetual inventory system made the following cash purchases and sales. There was no beginning inventory.

January 1:

Purchased 30 units at SAR11 per unit

February 5:

Purchased 30 units at SAR 13 per unit

March 16:

Sold 50 Units for SAR 15 per unit

A.Prepare general journal entries to record the March 16 sale using the

  1. FIFO inventory valuation method.
  2. LIFO inventory valuation method.
  3. Weighted average valuation method.

B. What is the cost of goods sold and the gross margin for each method? (2Marks)

Q4. What is the bank reconciliation? why is it important for companies to prepare bank reconciliation periodically? (1Mark)

In: Accounting

Write a 1,050- to 1,400-word paper that addresses the following scenario and questions: Your aunt recently...

Write a 1,050- to 1,400-word paper that addresses the following scenario and questions:

Your aunt recently received the annual report for a company in which she has invested. The report notes that the statements have been prepared in accordance with "generally accepted accounting principles." She has also heard that certain terms have special meanings in accounting relative to everyday use. She would like you to explain the meaning of terms she has come across related to accounting.

  • Go to the FASB website and access the FASB Concepts Statements and use the IASB website to respond to the following items. (Provide paragraph citations.) When you have accessed the documents, you can use the search tool in your Internet browser.
  • Explain how "materiality" is defined by both FASB and IASB.
  • The concepts statements provide several examples in which specific quantitative materiality guidelines are provided to firms. Identity at least two of these examples. Do you think the materiality guidelines should be quantified? Why or why not?
  • The concepts statements discuss the concept of "articulation" between financial statement elements. Briefly summarize the meaning of this term and how it relates to an entity's financial statements.

In: Finance

Answer must be typed in word or in excel Original Budget Actual Units produced 1,000 units...

Answer must be typed in word or in excel

Original Budget

Actual

Units produced

1,000 units

970 units

Materials (kg)

400 kg

409 kg

Material Costs

$8,000

See other info

Direct Labour (Hours)             

36,000 hours

34,010 hours

Direct Labour Costs

$385,000

$365,750

Variable Overhead Costs

$255,000

$245,000

Fixed Overhead Costs   

$160,000

$165,000

Other Information

Overhead is Allocated on Direct Labour Hours

During the year, 500 kg of materials were purchased for $9,000

Beginning Inventory: none

Ending Inventory:     91kg

Required:

Calculate the following variances:

  1. Material Rate
  2. Material Efficiency
  3. Labour Price
  4. Labour Efficiency
  5. Variable Overhaed Rate
  6. Variable Overhead Efficiency
  7. Fixed Overhead Rate
  8. Fixed Overhead Production Volume

In: Accounting

Assignment Requirements Please complete all parts in a Microsoft Word document. The body of your document...

Assignment Requirements

Please complete all parts in a Microsoft Word document.

The body of your document should be at least 900 words in length.

Quoting should be less than 10% of the entire paper. Paraphrasing is necessary.

Students must cite and reference at least 4 credible sources from the Library.

Instructions

Imagine that you are an administrator for a large hospital. As part of your role within healthcare leadership, you are involved in several committees for the organization. For this Assignment you are requesting funding from the Board of Directors for an investment of a new electronic health record (EHR) system. Create one summary, on a Word document, which delivers each of the 4 parts of this assignment. When combined this summary should fully support your funding request, by analyzing the impact a new EHR would have on the hospitals revenue and reimbursement, on data collection, operations, and relationships both internal and external.

Part

Competency Assessed

Instructions

1

Apply principles of healthcare finance for revenue management.

Task: In preparation for your funding request, you have scheduled a meeting with the department managers to present your proposal. In this meeting, demonstrate the principles of healthcare finance for revenue management through the intended application of cost reporting and variances. Create a summary for department managers which covers the pros of investing in a new EHR. Include in your summary how the EHR will address topics of cost reporting and the variances seen currently. In addition, include a budget speculation in your summary.

2

Implement processes for revenue cycle management and reporting.

Task: Knowing that the Board of Directors will need to consider the implications of adopting a new EHR system on the information systems related to RCM and reporting, you will analyze and present three (3) major considerations found in the following areas:
• Corrective Coding Initiative (CCI)-Electronic Billing X12N
• Compliance strategies and reporting
• Audit process (compliance and reimbursement)
• Revenue cycle process
• Utilization and resource management

3

Identify severity of illness and its impact on healthcare payment systems.

Task: As part of your analysis on the implications of a new EHR system on other information systems, analyze the relationship between data quality within a new EHR and severity of illness. Identify the purpose and use of severity of illness based on information within the health record. Conclude this section of your summary by associating severity of illness and healthcare payment systems, integrating case-mix and CAC systems.

4

Identify the different types of organizations, services, and personnel and their interrelationships across the health care delivery system.

Task: Funding request summaries often become available to the general public--either on its own or when combined into another report. Identify and discuss the connections among the different types of organizations, services, and personnel--including their interrelationships across the health care delivery system. To do this, analyze the implications of a new EHR system with the hospital systems' operations with ACOs and MCOs. Additionally, include the implications related to medical devices / biotechnology.

In: Nursing

Given the following input-output table, answer questions a-h. Note that a one word answer is not...

Given the following input-output table, answer questions a-h. Note that a one word answer is not acceptable. Provide explanation for your answers and show how you arrive at them.

                            Man Hour Required to Produce Unit of Output

                              Country A           Country B

                   Good X        3 12

                   Good Y        2                   14

           a. Which country has absolute advantage in which good? Why?

           b. Which country has comparative advantage in which good? Why?

           c. What is the pre-trade price ratio in each country? Why?

           d. What will be the post-trade price ratio or international terms of trade?

           e. Which country would prefer an international terms of trade of 9? 6? Why?

           f. Let      WA = wage rate in A in terms of A's currency

                        WB = wage rate in B in terms of B's currency

                            R = exchange rate defined as number of units of B's currency per unit of                                    

              A's currency.

Then, in order to have balance of payments equilibrium, (WA.R)/WB must lie in some range, i.e., m < (WA.R)/WB < n.

             Determine the value of m and n.

g. If WA = 5, WB = 2 and R = 3, which country will export which good?

h. Given that wages are fixed in each country at WA = 5 and WB = 2, what is the limit within which exchange rate can fluctuate in order for comparative advantage to

assert itself.

In: Economics

A short 500-600 word synopsis that: discusses whether Amazon is an appropriate aspirational peer for Etsy...

A short 500-600 word synopsis that: discusses whether Amazon is an appropriate aspirational peer for Etsy in that it provides a positive financial role model, evaluate trends in both Etsy and Amazon’s financial performance, using peer group analysis and ratio analysis to evaluate these firms’ relative performance in the following three areas: asset management profitability, and use of leverage

Instructions

For purposes of this assignment, assume that you have been hired as an operational risk manager by Etsy, an online retailer of craft goods. You are meeting with a management team to discuss operational strategy, and you are invited to present an analysis of the recent management and operations at both Etsy, and Amazon (Motley Fool, n.d.) as a competitor, comparing the two firms’ relative financial strategies. (Bensinger, 2015). For purposes of this comparison, you will refer back to the financial statements of Etsy, which were included in the previous (Module One) discussion. Amazon’s financial statements are supplied here. Assume that the group that you are speaking to includes design specialists that are not trained in financial principles.

Tasks

When preparing for this assignment, consider your assigned role in the situation, and let that guide your perspective. Look deeper at the details: facts, problems, organizational goals, objectives, policies, strategies. Next, consider the concepts, theories, tools and research you need to use to address the issues presented. Then, complete any research, analysis, calculations, or graphing to support your decisions and make recommendations.

Background Information

In this discussion, you are asked to analyze basic financial statements and other key financial metrics of Etsy (ETSY), and Amazon, a massive online retailer. You may wish to begin by reviewing the Management Discussion and Analysis (MD&A) which is found in Amazon’s recent SEC filing (Amazon, 2016). Differences in managerial decisions that are evidenced within these firms’ financial statements, including the use of leverage, will be the subject of this discussion. To summarize some difference between the firms, Etsy maintains an online platform which allows artisans from around the globe to distribute their goods. Etsy’s revenue consists of the 3.5% fee that an Etsy seller pays for each completed transaction on its platform. Etsy’s cost of revenue consists primarily of expenses associated with the operation and maintenance of our platform and data centers. Operating expenses additionally consist of marketing, product development and general and administrative expenses. Toward the end of 2014, Etsy began increasing its brand and digital marketing efforts, which involved business changes and reorganizations that moved certain teams previously focused on product-related projects into marketing. Gross merchandise sales, or GMS, is the dollar value of items sold in Etsy’s marketplace within the applicable period. Etsy’s GMS were $2.4 billion in 2015, up 23.6% over 2014, and $1.9 billion in 2014, up 43.3% over 2013. Etsy is not as diversified as Amazon, however, nor does it hold physical inventories, as Amazon does. Etsy operates a marketplace which connects sellers and buyers of unique goods. As of December 31, 2015, it connected a community of 1.6 million active Etsy sellers and 24.0 million active Etsy buyers, in nearly every country in the world. Nevertheless, Etsy incurred net losses of $54.1 million, $15.2 million, and $0.8 million for the years ended December 31, 2015, 2014 and 2013, respectively. While it has incurred losses, these decreased over time. Etsy has never declared or paid cash dividends on its capital stock. It states that it intends to retain all available funds and any future earnings and does not anticipate paying any cash dividends in the foreseeable future. In 2015, Etsy generated revenue of $273.5 million, up 39.8% over 2014, and in 2014, it generated revenue of $195.6 million, up 56.4% over 2013 (Etsy, 2016). In contrast, the products offered on Amazon’s consumer-facing websites primarily include merchandise and content it purchased for resale from vendors and those offered by third-party sellers; it also manufactures and sells electronic devices. It also offers other services such as computing, storage, and database offerings, fulfillment, publishing, digital content subscriptions, advertising, and co-branded credit cards. Amazon's sales increased 20%, 20%, and 22% in 2015, 2014, and 2013, compared to the comparable prior year periods (Amazon, 2016). Amazon has recently announced intentions to expand into the area of handmade-goods, such as those sold by Etsy.

Use Tables 1 through 3.

Amazon Balance Sheet

All numbers are quoted in thousands

Period Ending 12/31/2015 12/31/2014 12/31/2013
Current Assets
Cash And Cash Equivalents 15,890,000 14,557,000 8,658,000
Short Term Investments 3,918,000 2,859,000 3,789,000
Net Receivables 6,423,000 5,612,000 4,767,000
Inventory 10,243,000 8,299,000 7,411,000
Total Current Assets 36,474,000 31,327,000 24,625,000
Long Term Investments - - -
Property Plant and Equipment 21,838,000 16,967,000 10,949,000
Goodwill 3,759,000 3,319,000 2,655,000
Other Assets 3,373,000 2,892,000 1,930,000
Total Assets 65,444,000 54,505,000 40,159,000
Current Liabilities
Accounts Payable 30,781,000 26,266,000 21,821,000
Other Current Liabilities 3,118,000 1,823,000 1,159,000
Total Current Liabilities 33,899,000 28,089,000 22,980,000
Long Term Debt 8,235,000 8,265,000 3,191,000
Other Liabilities 9,926,000 7,410,000 4,242,000
Total Liabilities 52,060,000 43,764,000 30,413,000
Stockholders' Equity
Common Stock 5,000 5,000 5,000
Retained Earnings 2,545,000 1,949,000 2,190,000
Treasury Stock -1,837,000 -1,837,000 -1,837,000
Capital Surplus 13,394,000 11,135,000 9,573,000
Other Stockholder Equity -723,000 -511,000 -185,000
Total Stockholder Equity 13,384,000 10,741,000 9,746,000
Net Tangible Assets 9,625,000 7,422,000 7,091,000

Table1. Amazon Balance Sheet

Amazon Income Statement

All numbers are quoted in thousands

Revenue 12/31/2015 12/31/2014 12/31/2013
Total Revenue 107,006,000 88,988,000 74,452,000
Cost of Revenue 71,651,000 62,752,000 54,181,000
Gross Profit 35,355,000 26,236,000 20,271,000
Operating Expenses
Research Development - - -
Selling General and Administrative 33,122,000 26,058,000 19,526,000
Operating Income or Loss 2,233,000 178,000 745,000
Income from Continuing Operations
Total Other Income/Expenses Net -206,000 -79,000 -98,000
Earnings Before Interest and Taxes 2,027,000 99,000 647,000
Interest Expense 459,000 210,000 141,000
Income Before Tax 1,568,000 -111,000 506,000
Income Tax Expense 950,000 167,000 161,000
Net Income 596,000 -241,000 274,000
Preferred Stock And Other Adjustments - - -
Net Income Applicable To Common Shares 596,000 -241,000 274,000

Table 2. Amazon Income Statement

Cash Flow

All numbers are quoted in thousands

Period Ending 12/31/2015 12/31/2014 12/31/2013
Net Income 596,000 -241,000 274,000
Operating Activities, Cash Flows Provided By or Used In
Depreciation 6,281,000 4,746,000 3,253,000
Adjustments To Net Income 2,486,000 1,363,000 1,181,000
Changes In Accounts Receivables -1,755,000 -1,039,000 -846,000
Changes In Liabilities 12,608,000 6,898,000 5,315,000
Changes In Inventories -2,187,000 -1,193,000 -1,410,000
Changes In Other Operating Activities -6,109,000 -3,692,000 -2,292,000
Total Cash Flow From Operating Activities 11,920,000 6,842,000 5,475,000
Investing Activities, Cash Flows Provided By or Used In
Capital Expenditures -4,589,000 -4,893,000 -3,444,000
Investments -1,066,000 807,000 -520,000
Other Cash flows from Investing Activities -795,000 -979,000 -312,000
Total Cash Flows From Investing Activities -6,450,000 -5,065,000 -4,276,000
Financing Activities, Cash Flows Provided By or Used In
Dividends Paid - - -
Sale Purchase of Stock - - -
Net Borrowings -3,882,000 4,426,000 -617,000

Table 3. Amazon Cash Flow Statement

Historical Etsy Information

Etsy - Balance Sheet

All numbers are quoted in thousands

Period Ending

31-Dec-15

31-Dec-14

31-Dec-13

Assets

Current Assets

Cash And Cash Equivalents

271,244

69,659

36,795

Short Term Investments

21,620

19,184

18,075

Net Receivables

56,669

25,977

18,194

Inventory

-

-

-

Other Current Assets

9,521

12,241

3,721

Total Current Assets

359,054

127,061

76,785

Long Term Investments

-

-

-

Property Plant and Equipment

105,021

75,538

23,107

Goodwill

27,752

30,831

5,346

Intangible Assets

2,871

5,410

493

Other Assets

6,967

7,363

428

Deferred Long Term Asset Charges

51,396

-

-

Total Assets

553,061

246,203

106,159

Current Liabilities

Accounts Payable

45,635

21,083

10,389

Short/Current Long Term Debt

24,872

12,328

6,070

Other Current Liabilities

9,615

8,042

2,760

Total Current Liabilities

80,122

41,453

19,219

Long Term Debt

7,571

3,148

38

Other Liabilities

73,450

54,153

1,428

Deferred Long Term Liability Charges

61,420

149

1,259

Total Liabilities

222,563

98,903

21,944

Stockholders' Equity

Misc Stocks Options Warrants

-

80,212

80,212

Common Stock

113

44

33

Retained Earnings

-86,440

-32,377

-17,134

Treasury Stock

-

-

-

Capital Surplus

406,020

103,355

20,944

Other Stockholder Equity

10,805

-3,934

160

Total Stockholder Equity

330,498

67,088

4,003

Net Tangible Assets

299,875

30,847

-1,836

Table 1. Etsy Balance Sheet

Etsy - Income Statement

All numbers are quoted in thousands

Period Ending

31-Dec-15

31-Dec-14

31-Dec-13

Total Revenue

273,499

195,591

125,022

Cost of Revenue

96,979

73,633

47,779

Gross Profit

176,520

121,958

77,243

Operating Expenses

Research Development

42,694

36,634

27,548

Selling General and Administrative

135,710

91,575

48,962

Total Operating Expenses

178,404

128,209

76,510

Operating Income or Loss

-1,884

-6,251

733

Income from Continuing Operations

Total Other Income/Expenses Net

-24,584

-3,419

-373

Earnings Before Interest And Taxes

-26,468

-9,670

360

Interest Expense

1,526

590

302

Income Before Tax

-27,994

-10,260

58

Income Tax Expense

26,069

4,983

854

Net Income

-54,063

-15,243

-796

Table 2. Etsy Income Statement

Etsy - Cash Flow

All numbers are quoted in thousands

Period Ending

31-Dec-15

31-Dec-14

31-Dec-13

Net Income

-54,063

-15,243

-796

Operating Activities, Cash Flows Provided By or Used In

Depreciation

18,717

17,291

12,388

Adjustments To Net Income

55,236

10,593

5,910

Changes In Accounts Receivables

-15,764

-10,172

-7,739

Changes In Liabilities

25,126

16,884

8,741

Changes In Inventories

-

-

-

Changes In Other Operating Activities

-41

-7,266

-1,962

Total Cash Flow From Operating Activities

29,211

12,087

16,542

Investing Activities, Cash Flows Provided By or Used In

Capital Expenditures

-11,116

-1,304

-7,762

Investments

-2,448

-1,110

2,722

Other Cash flows from Investing Activities

-9,719

-18,309

-9,985

Total Cash Flows From Investing Activities

-23,283

-20,723

-15,025

Financing Activities, Cash Flows Provided By or Used In

Dividends Paid

-

-

-

Sale Purchase of Stock

199,041

41,915

1,140

Net Borrowings

-3,377

-1,480

-1,265

Other Cash Flows from Financing Activities

-

-75

-

Total Cash Flows From Financing Activities

199,608

45,237

-103

Effect Of Exchange Rate Changes

-3,951

-3,737

446

Change In Cash and Cash Equivalents

201,585

32,864

1,860

Table 3. Etsy Cash Flow Statement

In: Accounting

The reason we use the word favorable and unfavorable when evaluating variances is made clear when...

The reason we use the word favorable and unfavorable when evaluating variances is made clear when we look at the closing of accounts. To see this, consider that (1) all variance accounts are closed at the end of each period (temporary accounts), (2) a favorable variance is always a credit balance, and (3) an unfavorable variance is always a debit balance. Write a half page memo to our instructor with three parts that answer the fallowing three requirements. (Assume that variance accounts are closed to Cost of Goods Sold.)


Required -

1. Does COGS increase or decrease when closing a favorable variance? Does gross margin increase or decrease when favorable variance is closed to COGS? Explain.


2. Does COGS increase or decrease when closing an unfavorable variance? Does gross margin increase or decrease when favorable variance is closed to COGS? Explain.


3. Explain the meaning of favorable and unfavorable variance.

In: Accounting

Professionalism in Healthcare In a separate 6- to 7-page Microsoft Word document make sure to address...

Professionalism in Healthcare

In a separate 6- to 7-page Microsoft Word document make sure to address these points and in APA format. Include 7-8 APA citations from scholarly sources;

1.            Discuss why professionalism is important for workers, patients, and healthcare employers?

2.            What does it mean to be a professional? What is the difference between nonprofessional and unprofessional?

3.            Why is developing a professional reputation based more on a person’s attitudes and behaviors than on his or her educational background, job title, or credentials?

4.            Provide some specific examples of professional and unprofessional behavior, and the implications of each.

5.            What are some current trends in the workplace that pose challenges to professional behavior in the workplace?

6.            What happens when a worker exhibits unprofessional behavior?

7.            How long does it take to develop a professional reputation? How long does it take to lose a professional reputation?

After you have written your essay that responds to all these questions, make some recommendations as to how medical offices can manage these challenges.

In: Nursing

Considering the Last Word: Distinguish between a carbon tax and a cap-and-trade strategy for reducing carbon...

Considering the Last Word: Distinguish between a carbon tax and a cap-and-trade strategy for reducing carbon dioxide and other so-called greenhouse gases (that are believed by many scientists to be causing global warming). Which of the two strategies do you think would have the most political support in an election in your home state? Explain your thinking (justify your position).

In: Economics