DEF Manufacturing Company has considered investing in two independent projects, which both will result in a cost of $1,500,000. Each project is expected to last 6 years. Project A ‘s annual cash flows are listed as follows: Year 1: $265,000; Year 2: $265,000; Year 3: $265,000 Year 4: $525,000; Year 5: $449,000; Year 6: $820,000. Project B annual cash flows are listed as follows: Year 1: $220,000; Year 2: $449,000; Year 3: $525,000; Year 4: $765,000; Year 5: $765,000; Year 6: $765,000. DEF’s cost of capital is 12%.

A) Calculate each project’s NPV.

B) Compute each project’s IRR.

C) Calculate Payback Period for both projects

D) As the financial analyst evaluating this project, would you accept/reject one or accept or reject

both? Would your answer change if the projects were mutually exclusive?

In this problem you will calculate the CPI for the average urban consumer and for Jane using the prices for year 1 and year 2. The basket numbers represent the percentage of each dollar that is devoted to each good (written in decimal form). Assume year 1 is the base year. Round to two decimal places.

For the average person, the cost of the basket in year 1 is $ __ and the cost of the basket in year 2 is $ __ .

For the average person, the CPI in year 1 is __ and the CPI in year 2 is __ .

For the Jane, the cost of the basket in year 1 is $ __ and the cost of the basket in year 2 is $ __ .

For the Jane, the CPI in year 1 is __ and the CPI in year 2 is __ .

The following transactions pertain to Accounting Solutions Inc. Assume the transactions for the purchase of the computer and any capital improvements occur on January 1 each year. Year 1 Acquired $70,000 cash from the issue of common stock. Purchased a computer system for $22,800. It has an estimated useful life of five years and a $2,520 salvage value. Paid $1,900 sales tax on the computer system. Collected $34,590 in fees from clients. Paid $1,050 in fees for routine maintenance to service the computers. Recorded double-declining-balance depreciation on the computer system for Year 1. Year 2 Paid $960 for repairs to the computer system. Bought off-site backup services to maintain the computer system, $1,160. Collected $37,590 in fees from clients. Paid $910 in fees to service the computers. Recorded double-declining-balance depreciation for Year 2. Year 3 Paid $2,700 to upgrade the computer system, which extended the total life of the system to six years. The salvage value did not change. Paid $830 in fees to service the computers. Collected $37,890 in fees from clients. Recorded double-declining-balance depreciation for Year 3. Required a. Record the above transactions in a horizontal statements model. b-1. Prepare income statements for Year 1, Year 2, and Year 3. b-2. Prepare statements of changes in stockholders' equity for Year 1, Year 2, and Year 3. b-3. Prepare balance sheets for Year 1, Year 2, and Year 3. b-4. Prepare statements of cash flows for Year 1, Year 2, and Year 3.

Cash Receipts Budget and Accounts Receivable Aging Schedule

Shalimar Company manufactures and sells industrial products. For next year, Shalimar has budgeted the following sales:

In Shalimar’s experience, 10 percent of sales are paid in cash. Of the sales on account, 65 percent are collected in the quarter of sale, 25 percent are collected in the quarter following the sale, and 7 percent are collected in the second quarter after the sale. The remaining 3 percent are never collected. Total sales for the third quarter of the current year are $5,740,000 and for the fourth quarter of the current year are $7,680,000.

Required:

1. Calculate cash sales and credit sales expected in the last two quarters of the current year, and in each quarter of next year.

2. Construct a cash receipts budget for Shalimar Company for each quarter of the next year, showing the cash sales and the cash collections from credit sales. If an amount is zero, enter "0".

3. What if the recession led Shalimar’s top management to assume that in the next year 10 percent of credit sales would never be collected? The expected payment percentages in the quarter of sale and the quarter after sale are assumed to be the same. How would that affect cash received in each quarter? Construct a revised cash budget using the new assumption.

Cornerstone Exercise 8.11 (Algorithmic) Cash Receipts Budget and Accounts Receivable Aging Schedule Shalimar Company manufactures and sells industrial products. For next year, Shalimar has budgeted the following sales: Quarter 1 $4,700,000 Quarter 2 5,230,000 Quarter 3 6,680,000 Quarter 4 8,590,000 In Shalimar’s experience, 10 percent of sales are paid in cash. Of the sales on account, 65 percent are collected in the quarter of sale, 25 percent are collected in the quarter following the sale, and 7 percent are collected in the second quarter after the sale. The remaining 3 percent are never collected. Total sales for the third quarter of the current year are $5,710,000 and for the fourth quarter of the current year are $7,170,000. Required: 1. Calculate cash sales and credit sales expected in the last two quarters of the current year, and in each quarter of next year. Quarter Cash Sales Credit Sales 3, current year $ $ 4, current year 1, next year 2, next year 3, next year 4, next year 2. Construct a cash receipts budget for Shalimar Company for each quarter of the next year, showing the cash sales and the cash collections from credit sales. If an amount is zero, enter "0". Shalimar Company Cash Receipts Budget For the Coming Year Quarter 1 Quarter 2 Quarter 3 Quarter 4 Cash sales $ $ $ $ Received on account from: Quarter 3, current year Quarter 4, current year Quarter 1, next year Quarter 2, next year Quarter 3, next year Quarter 4, next year Total cash receipts $ $ $ $ 3. What if the recession led Shalimar’s top management to assume that in the next year 10 percent of credit sales would never be collected? The expected payment percentages in the quarter of sale and the quarter after sale are assumed to be the same. How would that affect cash received in each quarter? Construct a revised cash budget using the new assumption. Shalimar Company Cash Receipts Budget For the Coming Year Quarter 1 Quarter 2 Quarter 3 Quarter 4 Cash sales $ $ $ $ Received on account from: Quarter 4, current year Quarter 1, next year Quarter 2, next year Quarter 3, next year Quarter 4, next year Total cash receipts $ $ $ $

Cash Receipts Budget and Accounts Receivable Aging Schedule

Shalimar Company manufactures and sells industrial products. For next year, Shalimar has budgeted the following sales:

In Shalimar’s experience, 10 percent of sales are paid in cash. Of the sales on account, 65 percent are collected in the quarter of sale, 25 percent are collected in the quarter following the sale, and 7 percent are collected in the second quarter after the sale. The remaining 3 percent are never collected. Total sales for the third quarter of the current year are $5,240,000 and for the fourth quarter of the current year are $7,670,000.

Required:

1. Calculate cash sales and credit sales expected in the last two quarters of the current year, and in each quarter of next year.

2. Construct a cash receipts budget for Shalimar Company for each quarter of the next year, showing the cash sales and the cash collections from credit sales. If an amount is zero, enter "0".

3. What if the recession led Shalimar’s top management to assume that in the next year 10 percent of credit sales would never be collected? The expected payment percentages in the quarter of sale and the quarter after sale are assumed to be the same. How would that affect cash received in each quarter? Construct a revised cash budget using the new assumption.

Cash Receipts Budget and Accounts Receivable Aging Schedule

Shalimar Company manufactures and sells industrial products. For next year, Shalimar has budgeted the following sales:

In Shalimar’s experience, 10 percent of sales are paid in cash. Of the sales on account, 65 percent are collected in the quarter of sale, 25 percent are collected in the quarter following the sale, and 7 percent are collected in the second quarter after the sale. The remaining 3 percent are never collected. Total sales for the third quarter of the current year are $5,220,000 and for the fourth quarter of the current year are $7,530,000.

Required:

1. Calculate cash sales and credit sales expected in the last two quarters of the current year, and in each quarter of next year.

2. Construct a cash receipts budget for Shalimar Company for each quarter of the next year, showing the cash sales and the cash collections from credit sales. If an amount is zero, enter "0".

3. What if the recession led Shalimar’s top management to assume that in the next year 10 percent of credit sales would never be collected? The expected payment percentages in the quarter of sale and the quarter after sale are assumed to be the same. How would that affect cash received in each quarter? Construct a revised cash budget using the new assumption.

Let us consider the case of John, an entrepreneur and the CEO of a startup, named “Home Service”. The company started a small scale service where a couple of signed-up workers of the company were giving various services to the dweller of Ballarat, a city in Victoria. The services include plumbing, electric works, gas appliances’ works, and car wash. The people are Ballarat dwellers (roughly 20k in total) needed to download the software from App Store/Google Store and try to find someone in Ballarat who can provide the required service. They post a job in the app with estimated pricing, and then the interested workers pick the task. Then they go after a couple of rounds of message exchange through the app to understand the weight of the work and they finalize the total costing for that. The app then takes a service charge for the task, while the workers receive the remaining money. The business got tremendous popularity among the inhabitant of the city while people from other cities were also looking for services. Currently, John’s system is receiving around 10 requests per hour for various services.

As mentioned above, due to selecting only one city and a fixed number of services, John’s current system is like a simple computer where he deployed all his codes. To be more specific, the webserver, backend API codes, and a database server are installed in one virtual machine (VM) in the cloud, while the mobile apps are deployed in the Apple store and Google store.

John has decided to extend his business by outspreading the service area to all over Australians and to incorporate more services like catering, food delivery, carpet cleaning, gardening, and many more. To incorporate the above requirements, John’s current platform (i.e., one VM with everything installed in that VM) is not capable of meeting the future requirements.

You are hired by John to extend his current platform to a distributed system so that your proposed system will be capable to deal with millions of users, thousands of workers, hundreds of services, and thousands of requests per hour to the system.

You have to propose a new distributed system so that it can cope with future demand. You are not required to draw any diagram, rather you should mention how many (roughly) new VM, Database servers/Web servers are required to deploy. Most importantly, you have to discuss thoroughly how your PROPOSED system takes the advantages of a distributed system (i.e., Resource sharing, sharing of hardware and software, Openness, Concurrency, Scalability, Fault tolerance, Transparency).

Referring to the Article Below only write a short essay (around 500 to 600 words) discussing in detail some of the issue related to managing social responsibility. The issue and discussion must be relevant to the textbook theory.

please mention the references

CSR SHOULD BEGIN AT THE BUSINESS PREMISES!

Charity, it is said, “begins at home”. Basically, philanthropy, personal or corporate, should look at the concerns of near and dear before embarking on a wider social or global purpose. There was a time when the notion “business of business is business”, was strictly adhered to, and the firm was established “to maximise profit”. Shareholder interest superseded all other objectives, which were either ignored or side lined. The situation is drastically different under the concept of corporate social responsibility (CSR), which has become an important business consideration now. A business is not a stand-alone, isolated unit, independent of the ecosystems that provide direct and indirect sustenance and nourishment for its sustainability. Businesses can thrive only when they address and meet their varied and diverse obligations to stakeholders, in addition to profit to shareholders. These other obligations are now equally important if not more, to the profit motive. Under a regime of increased statutory and ethical governance, general consumer activism and stakeholder engagement, businesses are often forced to comply with standards and norms that have become part and parcel of normal business conduct. Many business organisations have gone beyond statutory compliance and have self-instituted measures to align with the broader issues of society and the nation. Thus, elements of corporate consciousness have crept into business strategies and policies. Corporations attempt to make CSR an integral part of their corporate personality and philosophy. They embrace responsibility for corporate actions and encourage positive impact on every area of direct involvement such as customers, employees and investors. In addition, the corporation’s sense of responsibility towards the community and environment are given equal importance. By this caring and sharing approach, exploitative tendencies that once ruled businesses, were eradicated by the introduction of safeguards, both legal and ethical. This concept, which is now universally adopted provides a balance between the vested interests of the business and those of society. From another perspective, the CSR in practice has helped to ensure safe and reliable products and services, secure employment and benefits to the work force and social needs. CSR, at times portray donations to high profile and glamorous activities. However, serving customers with services, and fair wages and salaries for the work force should be considered a priority. Like the saying, “charity begins at home”, CSR should first look at its own internal welfare mechanisms. An exercise in CSR rich in public relations, to the neglect of its own employees and other stakeholders in business, will be a façade