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
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
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 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.
In: Finance
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:
In: Accounting
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: |
|
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 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 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 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 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 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