What signs might alert you to a potential professional boundary violation or crossing?
250 words please and no plagiarism. Thanks!
In: Nursing
Write the simplified conservation of momentum equation for boundary layer on a flat plate and explain the physical meaning of each term in the equation.
In: Mechanical Engineering
Toolkit Exercise 10.3
Application of Simon’s Control Systems Model
Consider a change you are familiar with (higher education change).
1. Describe the control processes and measures that were used with the change (i.e., the belief, interactive, boundary, and diagnostic controls). When and how were they used and what was their impact?
a. During the earlier stages of the change initiative
b. During the middle stages of the change initiative
c. During the latter stages of the change initiative
2. Were there forbidden topics in the organization, such as questions related to strategy or core values? Were those limits appropriate and did anyone test those limits by raising controversial questions or concerns? Were small successes celebrated along the way?
3. What changes could have been made with the control processes and measures that would have assisted in advancing the interests of the change?
In: Operations Management
You are Given the Following Information for an OECS country for the years 2005 and 2004:
|
GDP Component (EC$MN) |
2005 |
2004 |
|
Personal consumption |
2949.9 |
2920.4 |
|
Government expenditure |
1098.3 |
933.6 |
|
Investment |
629.7 |
623.4 |
|
Exports of goods and services |
2590.7 |
2538.8 |
|
Imports of goods and services |
2305.2 |
2259.1 |
2.You are told that inflation in 2005 was approximately 2%,what would be your initial estimate of real GDP growth in 2025?Briefly outline the difference between nominal and real GDP.
In: Economics
Compute and Interpret Liquidity, Solvency and Coverage
Ratios
Balance sheets and income statements for Lockheed Martin
Corporation follow. Refer to these financial statements to answer
the requirements.
| Income Statement | |||
|---|---|---|---|
| Year Ended December 31 (In millions) | 2005 | 2004 | 2003 |
| Net sales | |||
| Products | $ 31,518 | $ 30,202 | $ 27,290 |
| Service | 5,695 | 5,324 | 4,534 |
| 37,213 | 35,526 | 31,824 | |
| Cost of sales | |||
| Products | 27,882 | 27,637 | 25,306 |
| Service | 5,073 | 4,765 | 4,099 |
| Unallocated coporate costs | 803 | 914 | 443 |
| 33,758 | 33,316 | 29,848 | |
| 3,455 | 2,210 | 1,976 | |
| Other income (expenses), net | (449) | (121) | 43 |
| Operating profit | 3,006 | 2,089 | 2,019 |
| Interest expense | 370 | 425 | 487 |
| Earnings before taxes | 2,636 | 1,664 | 1,532 |
| Income tax expense | 811 | 398 | 479 |
| Net earnings | $ 1,825 | $ 1,266 | $ 1,053 |
| Balance Sheet | ||
|---|---|---|
| December 31 (In millions) | 2005 | 2004 |
| Assets | ||
| Cash and cash equivalents | $ 2,164 | $ 780 |
| Short-term investments | 429 | 396 |
| Receivables | 4,579 | 4,094 |
| Inventories | 1,921 | 1,864 |
| Deferred income taxes | 861 | 982 |
| Other current assets | 495 | 557 |
| Total current assets | 10,449 | 8,673 |
| Property, plant and equipment, net | 3,924 | 3,599 |
| Investments in equity securities | 196 | 812 |
| Goodwill | 8,447 | 7,892 |
| Purchased intangibles, net | 560 | 672 |
| Prepaid pension asset | 1,360 | 1,030 |
| Other assets | 2,728 | 2,596 |
| Total assets | $ 27,664 | $ 25,274 |
| Liabilities and stockholders' equity | ||
| Accounts payable | $ 1,998 | $ 1,726 |
| Customer advances and amounts in excess of costs incurred | 4,331 | 4,028 |
| Salaries, benefits and payroll taxes | 1,475 | 1,346 |
| Current maturities of long-term debt | 202 | 15 |
| Other current liabilities | 1,422 | 1,451 |
| Total current liabilities | 9,428 | 8,566 |
| Long-term debt | 4,664 | 5,264 |
| Accrued pension liabilities | 2,097 | 1,300 |
| Other postretirement benefit liabilities | 1,277 | 1,236 |
| Other liabilities | 2,331 | 1,887 |
| Stockholders' equity | ||
| Common stock, $1 par value per share | 432 | 438 |
| Additional paid-in capital | 1,724 | 2,223 |
| Retained earnings | 7,278 | 5,915 |
| Accumulated other comprehensive loss | (1,553) | (1,532) |
| Other | (14) | (23) |
| Total stockholders' equity | 7,867 | 7,021 |
| Total liabilities and stockholders' equity | $ 27,664 | $ 25,274 |
| Consolidated Statement of Cash Flows | |||
|---|---|---|---|
| Year Ended December 31 (In millions) | 2005 | 2004 | 2003 |
| Operating Activities | |||
| Net earnings | $ 1,825 | $ 1,266 | $ 1,053 |
| Adjustments to reconcile net earnings to net cash provided by operating activities | |||
| Depreciation and amortization | 555 | 511 | 480 |
| Amortization of purchased intangibles | 150 | 145 | 129 |
| Deferred federal income taxes | 24 | (58) | 467 |
| Changes in operating assets and liabilities: | |||
| Receivables | (390) | (87) | (258) |
| Inventories | (39) | 519 | (94) |
| Accounts payable | 239 | 288 | 330 |
| Customer advances and amounts in excess of costs incurred | 296 | (228) | (285) |
| Other | 534 | 568 | (13) |
| Net cash provided by operating activities | 3,194 | 2,924 | 1,809 |
| Investing Activities | |||
| Expenditures for property, plant and equipment | (865) | (769) | (687) |
| Acquisition of business/investments in affiliated companies | (84) | (91) | (821) |
| Proceeds from divestiture of businesses/Investments in affiliated companies | 935 | 279 | 234 |
| Purchase of short-term investments, net | (33) | (156) | (240) |
| Other | 28 | 29 | 53 |
| Net cash used for investing activities | (19) | (708) | (1,461) |
| Financing Activities | |||
| repayment of long-term debt | (413) | (1,369) | (2,202) |
| Issuances of long-term debt | -- | -- | 1,000 |
| Long-term debt repayment and issuance costs | (12) | (163) | (175) |
| Issuances of common stock | 406 | 164 | 44 |
| Repurchases of common stock | (1,310) | (673) | (482) |
| Common stock dividends | (462) | (405) | (261) |
| Net cash used for financing activities | (1,791) | (2,446) | (2,076) |
| Net increase (decrease) in cash and cash equivalents | 1,384 | (230) | (1,728) |
| Cash and cash equivalents at beginning of year | 780 | 1,010 | 2,738 |
| Cash and cash equivalents at end of year | $ 2,164 | $ 780 | $ 1,010 |
(a) Compute Lockheed Martin's current ratio and quick ratio for
2005 and 2004. (Round your answers to two decimal places.)
2005 current ratio = Answer
2004 current ratio = Answer
2005 quick ratio = Answer
2004 quick ratio = Answer
Which of the following best describes the company's current ratio
and quick ratio for 2005 and 2004?
The current ratio has increased while the quick ratio has decreased in the period from 2004 to 2005, which suggests the company has a shortage of liquid assets.
Both the current and quick ratios have decreased from 2004 to 2005. The company is fairly illiquid.
Both the current and quick ratios have increased from 2004 to 2005. The company is fairly liquid.
The current ratio has decreased while the quick ratio has increased in the period from 2004 to 2005, which suggests the company has a shortage of current assets.
(b) Compute total liabilities-to-equity ratios and total
debt-to-equity ratios for 2005 and 2004. (Round your answers to two
decimal places.)
2005 total liabilities-to-stockholders' equity = Answer
2004 total liabilities-to-stockholders' equity = Answer
2005 total debt-to-equity = Answer
2004 total debt-to-equity = Answer
Which of the following best describes the company's total
liabilities-to-equity ratios and total debt-to-equity ratios for
2005 and 2004?
The total liabilities-to-equity ratio has decreased while the total debt-to-equity ratio has increased in the period from 2004 to 2005, which suggests the company has decreased the use of short-term debt financing.
The total liabilities-to-equity ratio has increased while the total debt-to-equity ratio has decreased in the period from 2004 to 2005, which suggests the company has increased the use of short-term debt financing.
Both the total liabilities-to-equity and total debt-to-equity ratios have increased from 2004 to 2005. These increases suggest that the company is less solvent.
Both the total liabilities-to-equity and total debt-to-equity ratios have decreased from 2004 to 2005. The difference between these two measures reveals that any solvency concerns would be for the short run.
(c) Compute times interest earned ratio, cash from operations to
total debt ratio, and free operating cash flow to total debt
ratios. (Round your answers to two decimal places.)
2005 times interest earned = Answer
2004 times interest earned = Answer
2005 cash from operations to total debt = Answer
2004 cash from operations to total debt = Answer
2005 free operating cash flow to total debt = Answer
2004 free operating cash flow to total debt = Answer
Which of the following describes the company's times interest
earned, cash from operations to total debt, and free operating cash
flow to total debt ratios for 2005 and 2004? (Select all that
apply)
Answeryesno Lockheed Martin's free operating cash flow to total
debt ratio increased slightly over the year 2005 due to increased
cash flow from operations and decreased levels of debt.
Answeryesno Lockheed Martin's cash from operations to total debt
ratio increased slightly over the year 2005 due to increased cash
flow from operations and decreased levels of debt.
Answeryesno Lockheed Martin's times interest earned increased
significantly during 2005, due to both an increase in profitability
and a decrease in interest expense.
Answeryesno Lockheed Martin's times interest earned decreased
significantly during 2005, due to both a decrease in profitability
and an increase in interest expense.
(d) Summarize your findings in a conclusion about the company's
credit risk. Do you have any concerns about the company's ability
to meet its debt obligations?
Lockheed Martin's total debt-to-equity is very low, thus increasing any immediate solvency concerns. The company's ability to meet its debt requirements will depend on increasing short-term debt.
Lockheed Martin's quick ratio is very low, thus increasing immediate solvency concerns. The company's ability to meet its debt requirements will depend on liquidating inventories for emergency cash.
Lockheed Martin's times interest earned ratio is high, thus lessening any immediate solvency concerns. The company's ability to meet its debt requirements will depend on its continued profitability.
Lockheed Martin's total liabilities-to-equity is high, thus lessening any immediate solvency concerns. The company's ability to meet its debt requirements will depend on its use of equity financing.
In: Accounting
Compute and Interpret Liquidity, Solvency and Coverage
Ratios
Balance sheets and income statements for Lockheed Martin
Corporation follow. Refer to these financial statements to answer
the requirements.
| Income Statement | |||
|---|---|---|---|
| Year Ended December 31 (In millions) | 2005 | 2004 | 2003 |
| Net sales | |||
| Products | $ 31,518 | $ 30,202 | $ 27,290 |
| Service | 5,695 | 5,324 | 4,534 |
| 37,213 | 35,526 | 31,824 | |
| Cost of sales | |||
| Products | 28,800 | 27,879 | 25,306 |
| Service | 5,073 | 4,765 | 4,099 |
| Unallocated coporate costs | 803 | 914 | 443 |
| 34,676 | 33,558 | 29,848 | |
| 2,537 | 1,968 | 1,976 | |
| Other income (expenses), net | 449 | 121 | 43 |
| Operating profit | 2,986 | 2,089 | 2,019 |
| Interest expense | 370 | 425 | 487 |
| Earnings before taxes | 2,616 | 1,664 | 1,532 |
| Income tax expense | 791 | 398 | 479 |
| Net earnings | $ 1,825 | $ 1,266 | $ 1,053 |
| Balance Sheet | ||
|---|---|---|
| December 31 (In millions) | 2005 | 2004 |
| Assets | ||
| Cash and cash equivalents | $ 2,244 | $ 1,060 |
| Short-term investments | 429 | 396 |
| Receivables | 4,579 | 4,094 |
| Inventories | 1,921 | 1,864 |
| Deferred income taxes | 861 | 982 |
| Other current assets | 495 | 557 |
| Total current assets | 10,529 | 8,953 |
| Property, plant and equipment, net | 3,924 | 3,599 |
| Investments in equity securities | 196 | 812 |
| Goodwill | 8,447 | 7,892 |
| Purchased intangibles, net | 560 | 672 |
| Prepaid pension asset | 1,360 | 1,030 |
| Other assets | 2,728 | 2,596 |
| Total assets | $ 27,744 | $ 25,554 |
| Liabilities and stockholders' equity | ||
| Accounts payable | $ 1,998 | $ 1,726 |
| Customer advances and amounts in excess of costs incurred | 4,331 | 4,028 |
| Salaries, benefits and payroll taxes | 1,475 | 1,346 |
| Current maturities of long-term debt | 202 | 15 |
| Other current liabilities | 1,422 | 1,451 |
| Total current liabilities | 9,428 | 8,566 |
| Long-term debt | 4,784 | 5,104 |
| Accrued pension liabilities | 2,097 | 1,660 |
| Other postretirement benefit liabilities | 1,277 | 1,236 |
| Other liabilities | 2,291 | 1,967 |
| Stockholders' equity | ||
| Common stock, $1 par value per share | 432 | 438 |
| Additional paid-in capital | 1,724 | 2,223 |
| Retained earnings | 7,278 | 5,915 |
| Accumulated other comprehensive loss | (1,553) | (1,532) |
| Other | (14) | (23) |
| Total stockholders' equity | 7,867 | 7,021 |
| Total liabilities and stockholders' equity | $ 27,744 | $ 25,554 |
| Consolidated Statement of Cash Flows | |||
|---|---|---|---|
| Year Ended December 31 (In millions) | 2005 | 2004 | 2003 |
| Operating Activities | |||
| Net earnings | $ 1,825 | $ 1,266 | $ 1,053 |
| Adjustments to reconcile net earnings to net cash provided by operating activities | |||
| Depreciation and amortization | 555 | 511 | 480 |
| Amortization of purchased intangibles | 150 | 145 | 129 |
| Deferred federal income taxes | 24 | (58) | 467 |
| Changes in operating assets and liabilities: | |||
| Receivables | (390) | (87) | (258) |
| Inventories | (39) | 519 | (94) |
| Accounts payable | 239 | 288 | 330 |
| Customer advances and amounts in excess of costs incurred | 296 | (228) | (285) |
| Other | 534 | 568 | (13) |
| Net cash provided by operating activities | 3,194 | 2,924 | 1,809 |
| Investing Activities | |||
| Expenditures for property, plant and equipment | (865) | (769) | (687) |
| Acquisition of business/investments in affiliated companies | (564) | (91) | (821) |
| Proceeds from divestiture of businesses/Investments in affiliated companies | 935 | 279 | 234 |
| Purchase of short-term investments, net | (33) | (156) | (240) |
| Other | 28 | 29 | 53 |
| Net cash used for investing activities | (499) | (708) | (1,461) |
| Financing Activities | |||
| repayment of long-term debt | (133) | (1,089) | (2,202) |
| Issuances of long-term debt | -- | -- | 1,000 |
| Long-term debt repayment and issuance costs | (12) | (163) | (175) |
| Issuances of common stock | 406 | 164 | 44 |
| Repurchases of common stock | (1,310) | (673) | (482) |
| Common stock dividends | (462) | (405) | (261) |
| Net cash used for financing activities | (1,511) | (2,166) | (2,076) |
| Net increase (decrease) in cash and cash equivalents | 1,184 | 50 | (1,728) |
| Cash and cash equivalents at beginning of year | 1,060 | 1,010 | 2,738 |
| Cash and cash equivalents at end of year | $ 2,244 | $ 1,060 | $ 1,010 |
(a) Compute Lockheed Martin's current ratio and quick ratio for
2005 and 2004. (Round your answers to two decimal places.)
2005 current ratio = Answer
2004 current ratio = Answer
2005 quick ratio = Answer
2004 quick ratio = Answer
Which of the following best describes the company's current ratio
and quick ratio for 2005 and 2004?
The current ratio has increased while the quick ratio has decreased in the period from 2004 to 2005, which suggests the company has a shortage of liquid assets.
Both the current and quick ratios have decreased from 2004 to 2005. The company is fairly illiquid.
Both the current and quick ratios have increased from 2004 to 2005. The company is fairly liquid.
The current ratio has decreased while the quick ratio has increased in the period from 2004 to 2005, which suggests the company has a shortage of current assets.
(b) Compute total liabilities-to-equity ratios and total
debt-to-equity ratios for 2005 and 2004. (Round your answers to two
decimal places.)
2005 total liabilities-to-stockholders' equity = Answer
2004 total liabilities-to-stockholders' equity = Answer
2005 total debt-to-equity = Answer
2004 total debt-to-equity = Answer
Which of the following best describes the company's total
liabilities-to-equity ratios and total debt-to-equity ratios for
2005 and 2004?
The total liabilities-to-equity ratio has decreased while the total debt-to-equity ratio has increased in the period from 2004 to 2005, which suggests the company has decreased the use of short-term debt financing.
The total liabilities-to-equity ratio has increased while the total debt-to-equity ratio has decreased in the period from 2004 to 2005, which suggests the company has increased the use of short-term debt financing.
Both the total liabilities-to-equity and total debt-to-equity ratios have increased from 2004 to 2005. These increases suggest that the company is less solvent.
Both the total liabilities-to-equity and total debt-to-equity ratios have decreased from 2004 to 2005. The difference between these two measures reveals that any solvency concerns would be for the short run.
(c) Compute times interest earned ratio, cash from operations to
total debt ratio, and free operating cash flow to total debt
ratios. (Round your answers to two decimal places.)
2005 times interest earned = Answer
2004 times interest earned = Answer
2005 cash from operations to total debt = Answer
2004 cash from operations to total debt = Answer
2005 free operating cash flow to total debt = Answer
2004 free operating cash flow to total debt = Answer
Which of the following describes the company's times interest
earned, cash from operations to total debt, and free operating cash
flow to total debt ratios for 2005 and 2004? (Select all that
apply)
Answeryesno
Lockheed Martin's free operating cash flow to total debt ratio
increased slightly over the year 2005 due to increased cash flow
from operations and decreased levels of debt.
Answeryesno
Lockheed Martin's times interest earned decreased significantly
during 2005, due to both a decrease in profitability and an
increase in interest expense.
Answeryesno
Lockheed Martin's cash from operations to total debt ratio
increased slightly over the year 2005 due to increased cash flow
from operations and decreased levels of debt.
Answeryesno
Lockheed Martin's times interest earned increased significantly
during 2005, due to both an increase in profitability and a
decrease in interest expense.
(d) Summarize your findings in a conclusion about the company's
credit risk. Do you have any concerns about the company's ability
to meet its debt obligations?
Lockheed Martin's total debt-to-equity is very low, thus increasing any immediate solvency concerns. The company's ability to meet its debt requirements will depend on increasing short-term debt.
Lockheed Martin's quick ratio is very low, thus increasing immediate solvency concerns. The company's ability to meet its debt requirements will depend on liquidating inventories for emergency cash.
Lockheed Martin's times interest earned ratio is high, thus lessening any immediate solvency concerns. The company's ability to meet its debt requirements will depend on its continued profitability.
Lockheed Martin's total liabilities-to-equity is high, thus lessening any immediate solvency concerns. The company's ability to meet its debt requirements will depend on its use of equity financing.
In: Finance
An analyst believes that incoming GPA, the number of hours spent
on Facebook per week, and upperclassman status can predict scores.
Data is collected for 260 students. Students’ incoming GPA and the
average number of hours spent on Facebook each week is recorded.
For Academic Standing, data was included based on the number of
years of college already completed (3 = senior, 2 =
junior, 1 = sophomore , 0 = freshmen). A regression is performed,
and the results of the regression are in Table 1.
TABLE 1
| SUMMARY OUTPUT | ||||||||
| Regression Statistics | ||||||||
| Multiple R | 0.68 | |||||||
| R Square | 0.86 | |||||||
| Observations | 260 | |||||||
| Coefficients | Standard Error | p-Value | ||||||
|
Intercept |
74.569 |
0.029 |
0.00000 | |||||
|
GPA |
4.801 |
1.275 |
0.03956 | |||||
| Facebook (hours per week) | -2.704 |
0.635 |
0.02598 |
|||||
| Academic Standing | 0.75 |
0.40 |
0.11903 |
|||||
1.What is the dependent variable?
Intercept
GPA
academic standing
The Score
2. From Table 1, what is the t-stat for the Academic Standing coefficient ?
Enter your answer with two decimals.
3.According to Table 1, the coefficients are:
Not statistically significant.
All statistically significant
All statistically significant except for Academic Standing.
All statistically significant except for GPA.
All statistically significant except for Facebook.
4.According to the sign on the Academic Standing coefficient from Table 1,
If the Academic Standing coefficient is bigger than the Facebook coefficient, students grades will increase.
If students been at college longer, then the score is lower.
If students been at college longer, then the score is higher.
If students been at college longer, then the Facebook use is higher.
In: Economics
Consider the Church Turing Thesis. 1. Find website that supports
it, with a reason (give it), and 2.
website that does not support it. Again, say why.
In: Computer Science
In: Operations Management
Academic drops have been a concern for university administration due to the negative impact they have on graduation rates and consequently the image of the university.
The Management Department has collected the data for 10 semesters with the following results:
Academic drops from the last 20 to 10 semesters have been:
10, 7, 8, 9, 8, 6, 10, 12, 8, 10.
Has the Management Department seen a significant change in the number of academic drops over the last 5 years?
b. The 10 most recent semesters of sample data are: 5, 6, 8, 4, 2, 4, 3, 4, 3, 2.
c. Based on your evaluation of these data should the Management Department change their program to lower academic drops?
In: Statistics and Probability