Target is the publicly traded company I chose. Review its most recent Annual Report.

Use the Income Statement and Balance Sheet to determine the changes in:

assets, liabilities, and equity

total revenue and net income

Briefly describe the change from the current and prior years in each of these key areas and determine if the changes would be positive or negative from an investor / stockholder’s view.

Assumptions: An analysis of how the assumptions made in designing the approach to the calculations impacted your results.  Some possible things to consider that may or may not have had an impact on your results (identify which ones you think are more and less important and explain your reasoning)

1. The process for the cost of debt assumes the times interest earned is a good proxy for measuring credit risk, what other financial variable if any should be considered? Does this assumption limit the results? (each time the level of debt changes. Will this actually occur and does this limit the applicability of your results.

2. The base level of interest rates, the risk free rate, changes over time. Is this important in calculating the optimal level. Since the estimate is based on the current environment does it matter if this changes.

3. The beta may change over time, does keeping it constant limit your results or is that an acceptable assumption.

4. The credit spreads can change as the broad economy changes. The spread used represent estimates of the current spreads, is this the best approach or would an average spread for each credit risk level be more appropriate.

ZZZ Company produces and sells three products. Information
about these products for the month of May is given below:

                             Product A       Product B
selling price per unit          $16             $14      
variable costs per unit         $ 7             $ 6         
number of units sold           20,000          25,000

                             Product C
selling price per unit          $20 
variable costs per unit         $15
number of units sold           24,000

ZZZ Company reported total fixed costs of $166,000 in May.

In order to improve profitability, ZZZ Company made the
following changes in June:

1.  adjusted the selling price of Product B
2.  increased the advertising for Product B by $30,000

These changes resulted in the number of units of Product B
that were sold doubling. However, these changes also 
resulted in the sales of Product A decreasing by 30% as
some customers started buying Product B instead of Product
A. Assume the sales of Product C were not impacted by these
changes.

Calculate the selling price per unit for Product B needed in
June in order for the June net income to be the same as the
May net income.

1. The multiplier model assumes that the price level is:

a. fixed.

b. neither rigidly fixed nor perfectly flexible.

c. flexible in the short run but fixed in the long run.

d. perfectly flexible.

2. The multiplier model is designed to answer which one of the following questions?

a. What causes changes in aggregate expenditures?

b. How will output be affected by changes in aggregate expenditures?

c. How did the economy arrive at its current price and output level?

d. How will prices respond to changes in aggregate expenditures?

3. Expansionary monetary policy is always expected to increase:

a. nominal income but never real income.

b. real income but never nominal income.

c. nominal income.

d. real income.

4. Inflation occurs when the price level:

a. rises and then falls.

b. changes.

c. increases one year only.

d. increases continuously.

5. Inflation hurts:

a. everyone.

b. those whose incomes don't change.

c. those whose incomes can change.

d. no one.

hat does the code below do?

clear
vec = randi(20,1,100)-10;
iter=0;
k=1;
while k<= length(vec)
    if vec(k)<0
      vec(k)= vec(k) * -1;
    end
   k = k+1;
end

a.

This code generates a vector with 100 random integer elements between 20 and 100, and changes the sign of the elements coverting all poivitive ones to negative and all negative ones to positive.

b.

This code generates a vector with 20 random integer elements between 1 and 100, and changes the sign of all the elements.

c.

This code generates a vector with 20 random integer elements between -100 and 100, and replaces all the negative integers with a positive integer of the same absolute value.

d.

This code generates a vector with 100 random integer elements between -10 and 10, and changes the sign of all negative elements.

e.

This code generates a vector with 20 random integer elements between 1 and 100, and changes the sign of all negative elements.

Topic 2:

Book: Operations and Supply Chain Management Jacobs & Chase 14e

2. The Levy Box plant produces wooden packing boxes to be used in the local seafood industry. Current operations allow the company to make 600 boxes per day, in two 8-hour shifts (300 boxes per shift). The company has introduced some moderate changes in equipment, and conducted appropriate job training, so that production levels have risen to 400 boxes per shift. Labor costs average $13 per hour for each of the 5 full-time workers on each shift. Capital costs were previously $4,000 per day, and rose to $4,200 per day with the equipment modifications. Energy costs were unchanged by the modifications, at $400 per day.

a) What is the firm's multifactor productivity ( exhibit 2.5) before and after the changes?

b) What is the firm's labor hours productivity before and after the changes?

c) What is the percent change in the multifactor productivity before and after the changes?

1. Cepheid variables are significant because a) their luminosity can be determined from knowledge of their period b) their luminosity can be determined from a single measurement of their flux c) their luminosity can be determined from knowledge of their surface temperature d) they are all the same distance away from 2. Equilibrium in a star is produced by a balance between ___ and ____. a) gravitational forces and radiation outward, gas pressure inwards b) gravitational forces and gas pressure inwards, radiation outward c) gravitational forces inwards, radiation and gas pressure outward 3. Galactic rotation curves in the vicinity of spiral arms are typically a) decreasing b) flat c) increasing 4. In the determination of the Hubble constant how are the most accurate distances to nearly galaxies determined a) using the average brightness of HII regions b) using the maximum brightness of novae and supernovae c) using the period- luminosity relation of cepheid variable stars d) using spectroscopic parallaxes 5. Suppose our universe has positive curvature. Which of the following statements would be FALSE? a) the universe has a center b) the universe will eventually begin to contract c) the universe has a finite volume d) the universe has no boundary

In your opinion, should the Sorbane-Oxley Act remain in force or should it be abolished? Explain your position.

The Sarbanes-Oxley Act (SOX) was signed into law on July 30, 2002 in response to corporate scandals such as WorldCom and Enron.

Now all companies are required to file periodic reports with the Securities and Exchange Commission (SEC) with new requirements for reporting of corporate obligations. Non-compliance to these regulatory requirements comes with significant penalties.

Debates have continued since 2007 over the perceived benefits and costs of SOX. Opponents of the bill have claimed that it has reduced America's international competitive edge against foreign financial service providers because it has introduced an overly complex regulatory environment into U.S.financial markets.

Proponents of the measure said that SOX has been a "godsend" for improving the confidence of fund managers and other investors with regard to the veracity of corporate financial statements.

SOX and ENRON article:

https://www.thebalancesmb.com/sarbanes-oxley-act-and-the-enron-scandal-393497

Highlands Health Care System, Inc. (HHCS) is a private, non-profit health care network serving a multi-county area of Northeast Mississippi where there is a growing aging population. HHCS has been in operation since 1952.

It provides a large acute-care hospital; a Heart and Vascular Center, an acute inpatient Rehabilitative Center; Neurosciences and Stroke Center; Cardiac Catheterization and Electrophysiology Lab; a specialty pediatric clinic; Highland Hills Village Retirement Community; Home Health Care/Hospice Services and Hospice House; Outpatient Services and Wellness Center and, numerous community outreach programs. HHCS is on the cutting edge of medicine and utilizes advanced technologies.

Recently, Brownstone Oncology (established 2002) received a grant (6.4 million) to extend their services to their cancer patients at all stages of care. Brownstone is within half a mile of HHCS. The management of both organizations are separately revisiting their strategic plans.

What might be a good statement to describe HHCS mission? In other words, create a mission statement for HHCS.

A study of smoking status and the risk for recurrent coronary events after myocardial infarction (Rea et al, 2002) had the following results: a) 433 out of 2619 patients who survived to discharge had a recurrent coronary event within 3 years; b) With nonsmokers as the reference group, the relative risk for recurrent coronary events of persons who stopped smoking before their heart attack was 1.17 (95% CI, 0.93 to 1.43); for those who continued to smoke after their heart attack their relative risk of recurrent coronary events was 1.51 (95% CI, 1.10 to 2.07) c) For those who quit after their heart attack, their risk declined gradually over the three year follow up to that of nonsmokers. 11. In your own words, what do these findings mean for the population of patients who stopped smoking before their heart attack? confidence interval). 12. In your own words, what do these findings mean for the population of patients who continue to smoke after a heart attack?