Table 3 provides the most recent financial values for Firm Z. The CFO wants to implement strategic and operational changes that will lower the firm’s DSO to 40 days, DIH to 35 days, and increase DPO to 50 days. Assuming that these changes can be met without reducing revenues or CGS, calculate the resulting increase in operating cash flow due to reducing the CCC. Lastly, discuss any weaknesses in the model assumptions that might result in the projected increase in operating cash flow not materializing.
Table 3
|
Most Recent Values for Firm Z |
|
|
Accounts Receivable |
$51 |
|
Inventory |
$17 |
|
Accounts Payable |
$13 |
|
Revenues |
$150 |
|
CGS |
$122 |
In: Finance
Write a paper (1,000-1,250 words) that addresses the impact diversity has on health care, and the changes that occur to support diverse populations. Include the following:
Define diversity. Explain how diverse demographics influence the health care industry. Consider culture, gender, religion and spirituality, and social and economic status.
Define the meaning of cultural competence and the role it plays in organizational behavior.
What is meant by the term "diversity management"? How have changes in U.S. demographics impacted the health care industry, diversity of customers, and diversity within the organization itself?
How does understanding diversity support awareness, empathy, and understanding with a community? How does it support a national and global community?
In: Operations Management
|
We are evaluating a project that costs $1,140,000, has a life of 10 years, and has no salvage value. Assume that depreciation is straight-line to zero over the life of the project. Sales are projected at 36,000 units per year. Price per unit is $50, variable cost per unit is $20, and fixed costs are $720,000 per year. The tax rate is 23 percent and we require a return of 12 percent on this project.
|
In: Finance
In: Biology
a)Discuss how a voltmeter should be connected in a circuit so that the circuit, within experimental uncertainties, remains unchanged. Explain why it does not affect the circuit when properly connected?
b)Discuss how an ammeter should be connected in a circuit so that the circuit, within experimental uncertainties, remains unchanged. Explain why it does not affect the circuit when properly connected?
c)Discuss how the voltage changes when resistors are connected in series?
d)Discuss how the current changes when resistors are connected in series?
Answer each question and do not just copy paste information from websites, person who does this the best will receive 1050 points !
In: Physics
Learning Objective: 1. Define economics, macro and micro, and how economic questions are posed. Develop the baseline for the economic way of thinking.
Assessment Objectives:
Identify factors that affect demand.
Graph demand curves and demand shifts.
Identify factors that affect supply.
Graph supply curves and supply shifts.
Analyze market outcomes such as changes in equilibrium price and quantity.
Question 1: Many changes are affecting the market for oil. Predict how each of the following events will affect the equilibrium price and quantity in the market for oil. In each case, state which curve would shift: the supply curve or the demand curve. Then state whether the curve would shift to the right (an increase in supply or demand), or shift to the left (a decrease in supply or demand). Explain, which determinant of demand or supply is affected.
Cars are becoming more fuel efficient, and therefore get more miles to the gallon.
The winter is exceptionally cold.
The economies of some major oil-using nations, like Japan, slow down.
A war in the Middle East disrupts oil-pumping schedules.
Landlords install additional insulation in buildings.
The price of solar energy falls dramatically.
Chemical companies invent a new, popular kind of plastic made from oil.
Price of oil increases.
Your Answers:
Question # | Would the demand curve or supply curve shift? | What determinant of demand or supply is affected? | Would the curve shift to the right or left? | Changes in the equilibrium price | Changes in the equilibrium quantity |
Example | Demand | Tastes and Preferences | Right | increases | increases |
1 | |||||
2 | |||||
3 | |||||
4 | |||||
5 | |||||
6 | |||||
7 | |||||
8 |
In: Economics
|
RAK, Inc., has no debt outstanding and a total market value of $240,000. Earnings before interest and taxes, EBIT, are projected to be $28,000 if economic conditions are normal. If there is strong expansion in the economy, then EBIT will be 12 percent higher. If there is a recession, then EBIT will be 25 percent lower. RAK is considering a $140,000 debt issue with an interest rate of 6 percent. The proceeds will be used to repurchase shares of stock. There are currently 12,000 shares outstanding. RAK has a tax rate of 35 percent. |
| a-1 |
Calculate earnings per share (EPS) under each of the three economic scenarios before any debt is issued. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) |
| EPS | ||
| Recession | $ | |
| Normal | $ | |
| Expansion | $ | |
| a-2 |
Calculate the percentage changes in EPS when the economy expands or enters a recession. (Negative amounts should be indicated by a minus sign. Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) |
| Percentage changes in EPS | ||
| Recession | % | |
| Expansion | % | |
| b-1 |
Calculate earnings per share (EPS) under each of the three economic scenarios assuming the company goes through with recapitalization. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) |
| EPS | ||
| Recession | $ | |
| Normal | $ | |
| Expansion | $ | |
| b-2 |
Given the recapitalization, calculate the percentage changes in EPS when the economy expands or enters a recession. (Negative amounts should be indicated by a minus sign. Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) |
| Percentage changes in EPS | ||
| Recession | % | |
| Expansion | % | |
In: Finance
|
RAK, Inc., has no debt outstanding and a total market value of $250,000. Earnings before interest and taxes, EBIT, are projected to be $42,000 if economic conditions are normal. If there is strong expansion in the economy, then EBIT will be 18 percent higher. If there is a recession, then EBIT will be 30 percent lower. RAK is considering a $100,000 debt issue with an interest rate of 8 percent. The proceeds will be used to repurchase shares of stock. There are currently 10,000 shares outstanding. Ignore taxes for this problem. |
| a-1 |
Calculate earnings per share (EPS) under each of the three economic scenarios before any debt is issued. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) |
| EPS | |||||||||||||||||||||||||||||||||||||
| Recession | $ | ||||||||||||||||||||||||||||||||||||
| Normal | $ | ||||||||||||||||||||||||||||||||||||
| Expansion | $ | ||||||||||||||||||||||||||||||||||||
|
|||||||||||||||||||||||||||||||||||||
In: Finance
Beckett, Inc., has no debt outstanding and a total market value of $250,000. Earnings before interest and taxes, EBIT, are projected to be $42,000 if economic conditions are normal. If there is strong expansion in the economy, then EBIT will be 18 percent higher. If there is a recession, then EBIT will be 30 percent lower. Beckett is considering a debt issue of $100,000 with an interest rate of 8 percent. The proceeds will be used to repurchase shares of stock. There are currently 10,000 shares outstanding. The company has a tax rate 35 percent. Assume the stock price remains constant.
a-1. Calculate earnings per share (EPS) under each of the three economic scenarios before any debt is issued. (Do not round intermediate calculations and round your final answers to 2 decimal places (e.g., 32.16).)
EPS Recession $
Normal $
Expansion $
a-2. Calculate the percentage changes in EPS when the economy expands or enters a recession. (Do not round intermediate calculations. Negative amounts should be indicated by a minus sign. Enter your answers as a percent.)
Percentage changes in EPS
Recession %
Expansion %
b-1. Calculate earnings per share (EPS) under each of the three economic scenarios assuming the company goes through with recapitalization. (Do not round intermediate calculations and round your final answers to 2 decimal places (e.g., 32.16).)
EPS Recession $
Normal $
Expansion $
b-2. Given the recapitalization, calculate the percentage changes in EPS when the economy expands or enters a recession. (Negative amounts should be indicated by a minus sign. Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places (e.g., 32.16).)
Percentage changes in EPS
Recession %
Expansion %
In: Finance
In: Finance