You have just been hired as a financial analyst for Barrington Industries. Unfortunately, company headquarters (where all of the firm's records are kept) has been destroyed by fire. So, your first job will be to recreate the firm's cash flow statement for the year just ended. The firm had $100,000 in the bank at the end of the prior year, and its working capital accounts except cash remained constant during the year. It earned $5 million in net income during the year but paid $800,000 in dividends to common shareholders. Throughout the year, the firm purchased $5.4 million of property, plant, and equipment — the majority having a useful life of more than 20 years and falling under the alternative depreciation system. You have just spoken to the firm's accountants and learned that annual depreciation expense for the year is $440,000. The purchase price for the represents additions property, plant, and equipment before depreciation. Finally, you have determined that the only financing done by the firm was to issue long-term debt of $1 million at a 6% interest rate. What was the firm's end-of-year cash balance? Recreate the firm's cash flow statement to arrive at your answer. Write out your answer completely. For example, 5 million should be entered as 5,000,000. Round your answer to the nearest dollar, if necessary.

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You have just been hired as a financial analyst for Barrington Industries. Unfortunately, company headquarters (where all of the firm's records are kept) has been destroyed by fire. So, your first job will be to recreate the firm's cash flow statement for the year just ended. The firm had $100,000 in the bank at the end of the prior year, and its working capital accounts except cash remained constant during the year. It earned $5 million in net income during the year but paid $900,000 in dividends to common shareholders. Throughout the year, the firm purchased $5.5 million of property, plant, and equipment — the majority having a useful life of more than 20 years and falling under the alternative depreciation system. You have just spoken to the firm's accountants and learned that annual depreciation expense for the year is $460,000. The purchase price for the represents additions property, plant, and equipment before depreciation. Finally, you have determined that the only financing done by the firm was to issue long-term debt of $1 million at a 7% interest rate. What was the firm's end-of-year cash balance? Recreate the firm's cash flow statement to arrive at your answer. Write out your answer completely. For example, 5 million should be entered as 5,000,000. Round your answer to the nearest dollar, if necessary.

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Pick any set of data from the textbook or your own data. Conduct a two sample T-test. Explain in the discussion question: Your source of data Your null hypothesis Whether or not you rejected the null hypothesis (and include the P value) How this information might be relevant to a decision maker. Attach the Excel file containing the data source (but be sure everything we need to know about your executive summary is in the body of the discussion forum, not the attachment).

The data from the textbook is as follows:

Professor Andy Neill measured the time (in seconds) required to catch a falling meter stick for 12 randomly selected students' dominant hand and nondominant hand. Professor Neill wants to know if the reaction time in an individual's dominant hand is less than the reaction time in his or her nondomniant hand. A coin flip is used to determine whether reaction time is measured using the dominant or nondominant hand first. The data is obtained below:

Student: Dominant Hand, Xi Non-dominant hand, Yi

1 0.177 0.179   

2 0.210 0.202

3 0.186 0.208

4 0.189 0.184

5 0.198 0.215   

6 0.194 0.193

7 0.160 0.194

8 0.163 0.160

9 0.166 0.209

10 0.152 0.164

11 0.190 0.210

12 0.172 0.197

You have just been hired as a financial analyst for Barrington Industries. Unfortunately, company headquarters (where all of the firm's records are kept) has been destroyed by fire. So, your first job will be to recreate the firm's cash flow statement for the year just ended. The firm had $100,000 in the bank at the end of the prior year, and its working capital accounts except cash remained constant during the year. It earned $5 million in net income during the year but paid $800,000 in dividends to common shareholders. Throughout the year, the firm purchased $5.6 million of property, plant, and equipment — the majority having a useful life of more than 20 years and falling under the alternative depreciation system. You have just spoken to the firm's accountants and learned that annual depreciation expense for the year is $450,000. The purchase price for the represents additions property, plant, and equipment before depreciation. Finally, you have determined that the only financing done by the firm was to issue long-term debt of $1 million at a 7% interest rate. What was the firm's end-of-year cash balance? Recreate the firm's cash flow statement to arrive at your answer. Write out your answer completely. For example, 5 million should be entered as 5,000,000. Round your answer to the nearest dollar, if necessary.

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Consider the following time series data.

1. Construct a time series plot. What type of pattern exists in the data?

   
   

   The time series plot indicates a linear trend and a seasonal pattern

2. Show the four-quarter and centered moving average values for this time series.

    

3. Compute seasonal indexes and adjusted seasonal indexes for the four quarters.

4,400 items in inventory, 400 A items, 1,500 B items, 2,500 C items. Policy is to count A items every month (30 working days), B items every quarter (90 days), and C items every six months (180 days).

Total Items to count per day___________

Whirlybird, Inc. offers helicopter tours and transportation in major cities around the world. The company is considering a stock repurchase in the upcoming quarter. As the Chief Financial Officer (CFO), you understand there are several methods to reduce quarterly earnings, which could reduce stock price prior to the announcement of the proposed stock repurchase.

• What course of action do you recommend to the Chief Executive Officer (CEO) of Whirlybird?
• If the CEO approached you recommending a reduction in current quarter earnings, how would you respond?