Enterprise Risk Management (ERM) is an activity undertaken by many organizations. Jiffy Sportswear, Inc., is a fast growing privately owned company that will soon issue its shares to the public and be subject to SEC jurisdiction. Its CEO wants to implement a corporate wide ERM program and asks you, the CAE, to counsel him on the following:

1. Explain the purpose of ERM and how it may add value to the organization.
2. What is the role of internal auditing with respect to ERM? Moreover, what should internal auditing refrain from doing with respect to ERM?
3. Explain the concept of risk-based auditing and how it relates to ERM.

Suppose you are the CEO of Rich Products headquartered here in Buffalo, New York. Your main product is non-dairy creamer, but you also make other food products for sale to retail shops and grocery stores. In addition, you are a jobber (making goods under someone else’s private label, for example making product for Top’s Supermarket). In the last four assignments you covered various aspects of business ethics. This assignment requires you to come up with a five-rule code of conduct for your company. After each rule briefly describe what you achieve.

1. You are the CEO of “I am the top 1%” Corporation, which has a capital structure of 60% equity and 40% debt. The estimated net income of your company is $600K. Your capital budget is $800K for the coming year. If you follow the residual dividend models, how much dividend you can pay and what is your pay-out ratio? What happens to dividend when estimated net income is $400K or $800K?
2. Discuss the advantages and disadvantages of Residual dividend policy.
3. What are the steps you consider in setting your dividend policy?
4. Explain the concept of DRIP with an example.

A company needs to budget for fuel, they have to consider the weight of the shipment.

Average weight= 20,160 pounds

The CEO wonders if preferences have changed and you have to adjust the budget for fuel. Based on 14 shipments, the average weight has been 20,901 pounds with a sample standard deviation of 800 pounds. What should you conclude at the 99% confidence level?

Show your work on the calculated score (Commands from Excel)

Indicate what your calculated score is

Indicate and justify what your critical score is and determine if this sample average is statistically significant from the mean

Pasti Berhad values advertise and sell residential property on behalf of its customers. The company has been in business for only a short time and is preparing a cash budget for the first four months of the year 2020. The expected sales of residential properties are as follows.

The average price of each property is RM180,000 and Pasti Berhad charges a fee of 3% of the value of each property sold. Pasti Berhad receives 1% in the month of sale and the remaining 2% in the month after sale. The company has ten employees who are paid monthly. The average salary per employee is RM36,000 per year. If more than 20 properties are sold each month, each employee will be paid in that month a bonus of RM1,500 for each additional property sold.

Variable expenses are incurred at the rate of 50% of the value of each property sold and these expenses are paid in the month of sale. Fixed overheads of RM44,300 per month are paid in the month in which they arise. Pasti Berhad pays interest every three months on a loan of RM200,000 at a rate of 6% per year. The last interest payment in each year is paid in December.

Outstanding tax liability of RM95,800 is due to be paid in April. In the same month, Pasti Berhad intends to dispose of surplus vehicles, with a net book value of RM15,000, for RM20,000. The cash balance at the start of January 2020 is expected to be a deficit of RM40,000.

Required:
a) Prepare a monthly cash budget for the period from January to April. Your budget must clearly indicate each item of income and expenditure, and the opening and closing monthly cash balances.
b) Discuss the factors to be considered by Pasti Berhad in planning ways to invest any cash surplus forecast by its cash budgets.
c) Discuss the TWO (2) advantages and TWO (2) disadvantages to Pasti Berhad of using overdraft finance to fund any cash shortages forecast by its cash budgets.

Harper, Inc., acquires 40 percent of the outstanding voting stock of Kinman Company on January 1, 2020, for $345,900 in cash. The book value of Kinman's net assets on that date was $675,000, although one of the company's buildings, with a $63,600 carrying amount, was actually worth $125,850. This building had a 10-year remaining life. Kinman owned a royalty agreement with a 20-year remaining life that was undervalued by $127,500.

Kinman sold inventory with an original cost of $69,300 to Harper during 2020 at a price of $99,000. Harper still held $19,800 (transfer price) of this amount in inventory as of December 31, 2020. These goods are to be sold to outside parties during 2021.

Kinman reported a $55,000 net loss and a $21,000 other comprehensive loss for 2020. The company still manages to declare and pay a $7,000 cash dividend during the year.

During 2021, Kinman reported a $45,800 net income and declared and paid a cash dividend of $9,000. It made additional inventory sales of $84,000 to Harper during the period. The original cost of the merchandise was $52,500. All but 30 percent of this inventory had been resold to outside parties by the end of the 2021 fiscal year.

Prepare all journal entries for Harper for 2020 and 2021 in connection with this investment. Assume that the equity method is applied. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Do not round intermediate calculations.)

• 1

  Record the initial investment.

• 2

  Record the dividend declaration.

• 3

  Record the receipt of dividend.

• 4

  Record the accrual of income and OCI from equity investee.

• 5

  Record the amortization relating to acquisition of Kinman.

• 6

  Record the deferred unrealized gross profit on intra-entity sale.

• 7

  Record the dividend declaration.

• 8

  Record the receipt of dividend.

• 9

  Record the 40% accrual of income as earned by equity investee.

• 10

  Record the amortization relating to acquisition of Kinman.

• 11

  Record the recognized income deferred from 2020.

• 12

  Record the deferred unrealized gross profit on intra-entity sale.

Maryland Home and Community-Based Services (MHCBS) is considering a major expansion that will enable it to attract a different clientele to its organization. Currently, they serve only 34% of the frail elderly seniors and persons with disabilities in the local area. The new chief CEO would like the organization to expand its revenue stream by investing in a senior multipurpose center serving healthy seniors by offering them arts and crafts and health and wellness programs. The center will also contain an Internet café offering nutritious breakfast and lunch options.

The CEO has commissioned a needs assessment, and the study’s results reveal that there are approximately 120 seniors in the local community who are interested in this center and the CEO expects growth of the aging population to be at least 10% each year. Cost growth across all areas of expense is expected to rise by 5% each year. The CEO has presented her proposal and financial information to the Board of Directors, and they have advised her that they are in full support of her strategy only if the program is a benefit to the community and if the organization can recoup its investment in five years. The CEO has asked you if this can be achieved. Based on the information presented in the scenario, calculate the two analyses and explain, in a brief memorandum to the CEO, their implications.

Baseline Information

Monthly Revenue: $125 per senior

Fixed Costs Monthly

Utilities: $590

Health/Wellness Staff: $2,500

Arts/Crafts Staff: $2,000

Supplies: $800

Fitness Equipment Maintenance Contract: $200

Variable Costs

Monthly Breakfast Cost: $25

Monthly Lunch Cost: $15

QUESTIONS

Based on the information above, once the minimum threshold of participants is reached, the initial investment to establish the center is $317,880. The organization anticipates that it will generate $46,920 of net revenues in the first year, $68,166 in the second year, $93,404 in the third year, $123,287in the fourth year, and $158,573 in the fifth year.

1. Perform the break-even analysis to determine how many seniors would need to have full monthly membership and pay for breakfast and lunch for UMUC Home and Community-Based Services to cover its monthly expenses.
2. Calculate the payback period to determine how long it will take for the organization to recover its initial investment of establishing the senior multipurpose center.
3. Based on the information presented in the scenario, calculate the two analyses and explain, in a brief memorandum to the CEO, their implications.
   1. Provide an excel spreadsheet for the specified budget periods.
   2. Provide calculations demonstrating your computations of how you arrived to the answers of the questions
   3. Provide a narrative explaining your calculations, so that if you do not have the correct answer I can at least review how you arrived at your conclusions and potentially render partial credit.

home / study / science / nursing / nursing questions and answers / m1d1: post-traumatic stress disorder no unread replies.no replies. scenario: a 35-year-old ... Your question has been answered Let us know if you got a helpful answer. Rate this answer Question: M1D1: Post-Traumatic Stress Disorder No unread replies.No replies. Scenario: A 35-year-old man, f... M1D1: Post-Traumatic Stress Disorder No unread replies.No replies. Scenario: A 35-year-old man, former Army sergeant, was involved in a multi-vehicle accident on a major highway. He was relatively unhurt, but witnessed several bodies strewn across the road immediately after the accident. This caused him to experience “flashbacks” from an active Army combat zone several years earlier. He begins to have nightmares of the accident and becomes unable to function at home. His wife accompanies him to a Crisis Unit where he is subsequently admitted to the Mental Health Unit of a local hospital with a diagnosis of Post-Traumatic Stress Disorder. Initial Discussion Post: Address the following: What are the most important factors for the RN to assess when dealing with a client who is exhibiting flashbacks? How might the RN foster therapeutic communication with this client? List three common flashback triggers for former military personnel and describe how the RN can assist to decrease the effects. Provide two 3-part nursing diagnosis statements that might apply to former military personnel experiencing flashbacks. Each statement must include an actual NANDA-I nursing diagnosis, a related factor, and “as evidenced by.” (No risk-for diagnoses permitted.)

Please help me and answer carefuly

Facts taken from problem 5.64 in your textbook. Your long-time client, Central Office Supply, has been rapidly expanding, and the board of directors is considering taking the company public. CEO Terry Puckett has heard that costs of operating a public company have increased significantly as a result of the Sarbanes–Oxley Act. Puckett is particularly concerned with reports that audit fees have doubled because of internal control provisions of the act and PCAOB Auditing Standard No. 2201. Puckett has asked you to explain the possible effects on the audit of complying with the requirements of Sarbanes–Oxley.

Required: Outline for yourself your thoughts on the changes in the company's responsibilities for internal control and changes in the audit due to Sarbanes–Oxley and PCAOB Auditing Standard No. 2201.