Questions
McEwan Industries sells on terms of 3/10, net 30. Total sales for the year are $794,000;...

McEwan Industries sells on terms of 3/10, net 30. Total sales for the year are $794,000; 40% of the customers pay on the 10th day and take discounts, while the other 60% pay, on average, 90 days after their purchases. Assume 365 days in year for your calculations. The data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the questions below.

  1. What is the days sales outstanding? Round your answer to two decimal places.

    days

  2. What is the average amount of receivables? Round your answer to the nearest cent. Do not round intermediate calculations.

    $  

  3. What is the percentage cost of trade credit to customers who take the discount? Round your answers to two decimal places.

    %

  4. What is the percentage cost of trade credit to customers who do not take the discount and pay in 90 days? Round your answers to two decimal places. Do not round intermediate calculations.

    Nominal cost:  %

    Effective cost:  %

  5. What would happen to McEwan’s accounts receivable if it toughened up on its collection policy with the result that all nondiscount customers paid on the 30th day? Round your answers to two decimal places. Do not round intermediate calculations.

    DSO =  days

    Average receivables = $  

In: Finance

McEwan Industries sells on terms of 3/10, net 30. Total sales for the year are $1,353,000;...

McEwan Industries sells on terms of 3/10, net 30. Total sales for the year are $1,353,000; 40% of the customers pay on the 10th day and take discounts, while the other 60% pay, on average, 62 days after their purchases. Assume 365 days in year for your calculations. The data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the questions below.

  1. What is the days sales outstanding? Round your answer to two decimal places.

    days

  2. What is the average amount of receivables? Round your answer to the nearest cent. Do not round intermediate calculations.

    $  

  3. What is the percentage cost of trade credit to customers who take the discount? Round your answers to two decimal places.

    %

  4. What is the percentage cost of trade credit to customers who do not take the discount and pay in 62 days? Round your answers to two decimal places. Do not round intermediate calculations.

    Nominal cost:  %

    Effective cost:  %

  5. What would happen to McEwan’s accounts receivable if it toughened up on its collection policy with the result that all nondiscount customers paid on the 30th day? Round your answers to two decimal places. Do not round intermediate calculations.

    DSO =  days

    Average receivables = $  

In: Finance

McEwan Industries sells on terms of 3/10, net 25. Total salesfor the year are $511,000;...

McEwan Industries sells on terms of 3/10, net 25. Total sales for the year are $511,000; 40% of the customers pay on the 10th day and take discounts, while the other 60% pay, on average, 76 days after their purchases. Assume 365 days in year for your calculations. The data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the questions below.

  1. What is the days sales outstanding? Round your answer to two decimal places.

    days

  2. What is the average amount of receivables? Round your answer to the nearest cent. Do not round intermediate calculations.

    $  

  3. What is the percentage cost of trade credit to customers who take the discount? Round your answers to two decimal places.

    %

  4. What is the percentage cost of trade credit to customers who do not take the discount and pay in 76 days? Round your answers to two decimal places. Do not round intermediate calculations.

    Nominal cost:  %

    Effective cost:  %

  5. What would happen to McEwan’s accounts receivable if it toughened up on its collection policy with the result that all nondiscount customers paid on the 25th day? Round your answers to two decimal places. Do not round intermediate calculations.

    DSO =  days

    Average receivables = $  


In: Finance

6) Company is considering the purchase of a piece of equipment in '12. The projected cost...

6) Company is considering the purchase of a piece of equipment in '12.
The projected cost of the equipment is 50,000
The equipment will be depreciated via the MACRS - 5 year life
This equipment is expected to generate the following economics:
Revenue for first year will be          45,700
Revenue will increase by 1.0% per year thereafter
Expenses for first year will be          29,700
Expenses will decrease by 1.0% per year thereafter
Company's Capital Structure is as follows:
Bonds 50,000
Preferred Stock 75,000
Common Stock 0
Company will finance projects based on their historic approach.
Relevant financing information is as follows:
Bond Market rate in year - (2012) 5%
Company Tax Rate 35%
Preferred Stock Information
Sales Price 40.00
Dividend 2.35
Flotation Cost (Percentage) 4.0%
Common Stock Information
Sales Price 50.00
Flotation Cost (Percentage) 2%
Dividend History
Year Dividend
2009 0.98
2010 1.04
2011 1.12
Company will evaluate the first four years of cash flows only
1) Based on Payback criteria of 3 years - should the asset be purchased
2) Based on NPV - Hurdle rate of Cost of Capital plus 2% - should the asset be purchased
3) At what rate is the company indifferent
4) If the company financed solely with P/S, should the asset be purchased

In: Accounting

Sandy Bank, Inc., makes one model of wooden canoe. And, the information for it follows: Number...

Sandy Bank, Inc., makes one model of wooden canoe. And, the information for it follows:

Number of canoes produced and sold 450 650 800
Total costs
Variable costs $ 63,000 $ 91,000 $ 112,000
Fixed costs $ 187,200 $ 187,200 $ 187,200
Total costs $ 250,200 $ 278,200 $ 299,200
Cost per unit
Variable cost per unit $ 140.00 $ 140.00 $ 140.00   
Fixed cost per unit 416.00 288.00 234.00   
Total cost per unit $ 556.00 $ 428.00 $ 374.00   


Required:
1.
Suppose that Sandy Bank raises its selling price to $500 per canoe. Calculate its new break-even point in units and in sales dollars. (Do not round intermediate calculations. Round your final answers to nearest whole number.)

New Break Even Units: ______ Canoes

Break Even Sales Revenue: _______



2. If Sandy Bank sells 700 canoes, compute its margin of safety in dollars and as a percentage of sales. (Use the new sales price of $500.) (Round your answers to the nearest whole number.)

Margin of Safety: ______

Percentage of Sales : ________%



3. Calculate the number of canoes that Sandy Bank must sell at $500 each to generate $110,000 profit. (Round your answer to the nearest whole number.)

Target Sales Unit: _____ Canoes

In: Accounting

Brick Ltd is a building construction company. On 1July 2017, Brick Ltd signed a contract with...

Brick Ltd is a building construction company. On 1July 2017, Brick Ltd signed a contract with Pear Ltd to build a factory. The contract price was $ 12,000,000. The relevant information is as follows:

Financial year ending 30 June:

Construction costs for year

Billings and payments for year

2018

$ 3,500,000

$ 3,000,000

2019

$ 5,000,000

$ 5,000,000

2020

$ 1,500,000

$ 4,000,000

Pear Ltd will be in control of the asset throughout the construction process. The contract is completed on 30 June 2020. Brick Ltd has a financial year ending 30 June. Assume that the actual costs and cash collections are in line with expectations and the stage of completion can be reliably estimated.

Required:

  1. Calculate the total profit that will be recognised in the books of Brick Ltd for the year ended 30 June 2018, 2019 and 2020.                                                                                                                   

The profit that you have calculated in Part (a) above, is it based on input method or output method? Justify your answer based on AASB 15 “Revenue from Contracts with Customer

In: Finance

Context Construction plant and equipment used to erect steel and concrete frames:- Now a days generally...

Context

Construction plant and equipment used to erect steel and concrete frames:- Now a days generally Crane system are used to erect steel and concrete frames, because crane is very suitable to take the steel and concrete frame at higher height easily without any harm in the precast frame, the choice of crane is based on the available space, type of construction, and availability.

Other method for this purpose is MEWP-"Mobile Elevating Work Platforms"this is also a very good technology for assembling, moving and to erect steel.

Questions

a )Explain the use of steel and concrete frames in superstructures construction. You should include the use of steel and concrete in the context of merits and de-merits including the levels of skilled labour required, lifting and placement requirements and safe working access

b) With superstructures comes the height associated with building above ground level. Explain the hazards and risks associated with superstructure activities. This should build on the evidence for information and a for this project.

In: Civil Engineering

CASE STUDY Miss Yinnary is one of the many women who own their own businesses and...

CASE STUDY

Miss Yinnary is one of the many women who own their own businesses and her experience is not very different from others, who must contend with being a mother, a spouse and a family cheerleader in addition to owning and operating a business. She is the owner of the famous Y-Hotel. It was her first business, though she had some family background in this business. Her two sisters were also in the same line of business. But she borrowed some money, put in some of her savings and started her own venture. She was the first woman ever to enter into this business, most of her clients could not understand that a woman could be interested in the hospitality industry. To Step up her game in the hospitality Industry , Miss Yinari is seeking someone who understands innovative entrepreneurship to assist her.

During her rise to success and in management of her hotel business, she also needs to manage a family, stay teaching in university and dealing with community affairs.

In her mind, there is nothing more exhilarating than owning her own business, and for her, the fun is in facing the challenges of turning the hotel into a first ever hotel that provide customers an unforgettable experience with innovation

In the present time, more women are making this choice, pursuing entrepreneurship rather than staying as housewives or traditional careers. For the past few years, the number of women starting new ventures is three times as large as the number of men. There are several good reasons for this trend. Some women find that owning a business is the only way to combine a decent income with time for their children by having the flexibility to control their schedules. Others see themselves as unlikely corporate managers and recognizing the gender problem that exists for achieving success, they choose the entrepreneurial route. Still others see entrepreneurship as a way of controlling their lives, pursuing interests that would be impossible in a corporate job.

The dual roles of mother and entrepreneur often conflict, and husbands and wives

tend to develop separate career tracks that often cannot be reconciled. Women can

also find it lonely in a business world, especially if clients are predominantly men,

this was a problem for Yinari too.

Many women, however, have businesses that fit well with their interest and with

women customers. These include services in beauty care, nutrition, education,

entertainment etc. Nevertheless, being in business often exacts a double price for

women, yet for those with determination like Yinari, the rewards are always waiting.

Your Task as Business Consultant , Prepare a report regarding the following issues below :

F. Refer to Dave McClure’s pirate metrics, explain each and every point of the metrics of your innovation

G. Is there a possibility to make unrelated diversification under the same company for Miss Yinnary? Please Explain your thoughts

In: Economics

CASE STUDY QUESTION Miss Yinnary is one of the many women who own their own businesses...

CASE STUDY QUESTION

Miss Yinnary is one of the many women who own their own businesses and her experience is not very different from others, who must contend with being a mother, a spouse and a family cheerleader in addition to owning and operating a business. She is the owner of the famous Y-Hotel. It was her first business, though she had some family background in this business. Her two sisters were also in the same line of business. But she borrowed some money, put in some of her savings and started her own venture. She was the first woman ever to enter into this business, most of her clients could not understand that a woman could be interested in the hospitality industry. To Step up her game in the hospitality Industry , Miss Yinari is seeking someone who understands innovative entrepreneurship to assist her.

During her rise to success and in management of her hotel business, she also needs to manage a family, stay teaching in university and dealing with community affairs.

In her mind, there is nothing more exhilarating than owning her own business, and for her, the fun is in facing the challenges of turning the hotel into a first ever hotel that provide customers an unforgettable experience with innovation

In the present time, more women are making this choice, pursuing entrepreneurship rather than staying as housewives or traditional careers. For the past few years, the number of women starting new ventures is three times as large as the number of men. There are several good reasons for this trend. Some women find that owning a business is the only way to combine a decent income with time for their children by having the flexibility to control their schedules. Others see themselves as unlikely corporate managers and recognizing the gender problem that exists for achieving success, they choose the entrepreneurial route. Still others see entrepreneurship as a way of controlling their lives, pursuing interests that would be impossible in a corporate job.

The dual roles of mother and entrepreneur often conflict, and husbands and wives

tend to develop separate career tracks that often cannot be reconciled. Women can

also find it lonely in a business world, especially if clients are predominantly men,

this was a problem for Yinari too.

Many women, however, have businesses that fit well with their interest and with

women customers. These include services in beauty care, nutrition, education,

entertainment etc. Nevertheless, being in business often exacts a double price for

women, yet for those with determination like Yinari, the rewards are always waiting.

Your Task as Business Consultant , Prepare a report regarding the following issues below :

e. Provide SCAMPER for your Innovation

f. Draw a Maslow Triangle of Needs and Explain in each stage of those theories the function of your Innovation where possible.

NOTE : PLEASE DO IN THE PIECE OF PAPER / SCREEN SHOT AND TAKE PIC MORE CLEARLY AND PLEASE SEND IT HERE THANK YOU

In: Economics

CASE STUDY QUESTION Miss Yinnary is one of the many women who own their own businesses...

CASE STUDY QUESTION

Miss Yinnary is one of the many women who own their own businesses and her experience is not very different from others, who must contend with being a mother, a spouse and a family cheerleader in addition to owning and operating a business. She is the owner of the famous Y-Hotel. It was her first business, though she had some family background in this business. Her two sisters were also in the same line of business. But she borrowed some money, put in some of her savings and started her own venture. She was the first woman ever to enter into this business, most of her clients could not understand that a woman could be interested in the hospitality industry. To Step up her game in the hospitality Industry , Miss Yinari is seeking someone who understands innovative entrepreneurship to assist her. During her rise to success and in management of her hotel business, she also needs to manage a family, stay teaching in university and dealing with community affairs.

In her mind, there is nothing more exhilarating than owning her own business, and for her, the fun is in facing the challenges of turning the hotel into a first ever hotel that provide customers an unforgettable experience with innovation

In the present time, more women are making this choice, pursuing entrepreneurship rather than staying as housewives or traditional careers. For the past few years, the number of women starting new ventures is three times as large as the number of men. There are several good reasons for this trend. Some women find that owning a business is the only way to combine a decent income with time for their children by having the flexibility to control their schedules. Others see themselves as unlikely corporate managers and recognizing the gender problem that exists for achieving success, they choose the entrepreneurial route. Still others see entrepreneurship as a way of controlling their lives, pursuing interests that would be impossible in a corporate job.

The dual roles of mother and entrepreneur often conflict, and husbands and wives

tend to develop separate career tracks that often cannot be reconciled. Women can

also find it lonely in a business world, especially if clients are predominantly men,

this was a problem for Yinari too.

Many women, however, have businesses that fit well with their interest and with

women customers. These include services in beauty care, nutrition, education,

entertainment etc. Nevertheless, being in business often exacts a double price for

women, yet for those with determination like Yinari, the rewards are always waiting.

Your Task as Business Consultant , Prepare a report regarding the following issues below :

H. If unrelated diversification is not possible, explain your thought in term of related diversification

I.What is the Tao of Innovation? Explain in detail the 9 elements of the Tao of Innovation. Give examples !

number h and i the question were based on study case article from above you need to explain more detail and provide the example

In: Economics