What is the payout policy of a company who is paying no dividends for the last 5 years and the companies diluted earnings per share for last 5 years is also zero or negative. We need to determine payout policy only on the basis of the payout ratio, so how can we describe the payout policy when there is no dividend, no diluted earning per share?
In: Finance
In: Accounting
Suppose a computer company sells service plans for their laptop computers. Each service plan costs $250 and lasts for three years. The service plan covers any genuine hardware malfunctions during the warranty period but will only allow for up to one claim. Suppose that the average cost of repair is $850. Suppose also that the likelihood of a warranty claim is 22%. Let x denote the discrete random variable that represents the amounts the company (i) makes from a service plan for a person that makes no claims and (ii) loses for a service plan for a person that makes one claim. Please complete the following tasks.
Construct a probability distribution for x.
Use the probability distribution to calculate the expected value μ.
Write an explanation for what the expected value tells us as it relates to the company’s profits on service plans. Make sure you are very specific and include units.
By how much does the company need to raise the price of a service plan to increase their expected value by $50? Show your work.
In: Statistics and Probability
Record companies prioritise their new releases of music each by the senior management deciding on which new releases should receive priority in marketing to radio stations and music stores. Here the musician might be considered a ‘principal’ who uses the services of the record company, the ‘agent’, to produce and market their sound recording. Does the description of the prioritising of new releases suggest that an incentive problem may arise between the principal and agent? Evaluate and comment upon the following types of contracts from the musician’s perspective. The record company receives a fixed amount of total revenue. The record company receives a fixed amount of total revenue plus payment for the costs of advertising. The record company receives a proportion of the total profits.
In: Economics
Identify the main users of accounting information for a university.
In: Accounting
financial risks in university and students against ncovid
In: Finance
How to evaluate the performance university?? In term of management.
In: Operations Management
What are the benefits of using cloud computing in a university?
In: Computer Science
You return to your office from a productive but lengthy status meeting with Marco Padula and Frank Gosselin to find several priority messages in your voicemail, including one from Samantha Reagan, the State Commerce Department Major Projects Oversight officer.
"Hi, it's Samantha Reagan from the state Commerce Department. Listen, I called because I've been talking with Frank Gosselin, who was telling me about your so-called risk ranking. Please help me understand how issues with the exterior face materials—a near certainty—could be ranked so low, when the entrance bridge design, which your own team says is less than half the likelihood, is ranked as one of the highest. How does this type of a mistake happen?
I doubt the hospital can afford a cost overrun and I know they have other contracts riding on the successful completion of this project. Risk is important to this project, and we cannot afford to handle risks in such a haphazard manner. Call me and explain as soon as possible, thanks."
You think about the message and ponder the alternative ways to respond. After looking again at the risk management plan, the risk register and the two particular risks she has raised, you jot down some notes.
After considering Samantha’s inquiry about your risk rankings you decide to start out the call with one of these statements:
"Thanks for catching our error—we're really fortunate that you reviewed the risk register. I've made the proper adjustments. Would you like to become part of the risk response planning team?"
"It's a good question. Here's the reasoning: risk is not based only on likelihood—it's also a matter of impact. By paying attention to only one aspect of a threat, we rob ourselves of a more thorough and well-accepted way to measure the true 'score' of an individual threat."
"I appreciate your call, but this is really not your area of expertise. The team did what it is supposed to do, and we have our ways of ranking risks. You need to trust our project team's expertise, and I would further appreciate it if you left us to do our work and you do yours. I don't mean to sound harsh, but I respect my team's judgment."
Starting with one of the three statements above, write a transcript of about 250 to 300 words for your phone call with Samantha. Your transcript should be the opening statement chosen from above and then expand on it by addressing some of the key considerations in developing the Risk Register.
In: Operations Management
The basic materials stock sector, comprised of companies specializing in industrial commodities, had a very poor showing during the first six months of 2000. The average stock price in this sector was down an average of 27% for this period. Assume that the returns were distributed as a normal random variable with a mean of -27% and a standard deviation of 15%.
In: Statistics and Probability