Financing Deficit
Stevens Textile Corporation's 2016 financial statements are shown below:
Balance Sheet as of December 31, 2016 (Thousands of Dollars)
| Cash | $ 1,080 | Accounts payable | $ 4,320 | |
| Receivables | 6,480 | Accruals | 2,880 | |
| Inventories | 9,000 | Line of credit | 0 | |
| Total current assets | $16,560 | Notes payable | 2,100 | |
| Net fixed assets | 12,600 | Total current liabilities | $ 9,300 | |
| Mortgage bonds | 3,500 | |||
| Common stock | 3,500 | |||
| Retained earnings | 12,860 | |||
| Total assets | $29,160 | Total liabilities and equity | $29,160 |
Income Statement for January 1 - December 31, 2016 (Thousands of Dollars)
| Sales | $36,000 |
| Operating costs | 32,440 |
| Earnings before interest and taxes | $ 3,560 |
| Interest | 460 |
| Pre-tax earnings | $ 3,100 |
| Taxes (40%) | 1,240 |
| Net income | $ 1,860 |
| Dividends (45%) | $ 837 |
| Addition to retained earnings | $ 1,023 |
| AFN | $ |
In: Finance
MERMED Inc. is a medical device manufacturer. The company’s headquarters is located in Houston, Texas. It is a global leader in developing, manufacturing, selling and servicing diagnostic imaging and therapeutic medical devices used to diagnose and treat cardiovascular and other diseases. MERMED earned $300 million of revenue in 2015, while employing more than 10,000 people worldwide. One of it’s manufacturing plants is located in Dingle, Co. Kerry, Ireland. Tom Jones is the plant manager at the Dingle facility. The Dingle site runs 12 hour shifts, 7 days a week. It has 1000 employees. It manufactures a variety of of medical devices (including Class III devices). A number of it's products are sold in the US and European markets. The facility has a Quality Management System in place. Their Quality Management System is in compliance with ISO 13485:2016 and 21 CFR 820. Their facility is frequently audited by Notified Bodies and the FDA. The site was recently audited by corporate. The corporate auditing team were checking the site's compliance with ISO 13485:2016 and 21 CFR 820. The auditors found a number of potential non-conformances to ISO 13485:2016 and 21 CFR 820. You must complete 4 tasks (for each of the 5 incidents/questions): 1. Review each of these potential non-conformances (5 incidents in total) 2. Determine if they are non-conformances against the requirements of the ISO13485:2016 AND 21 CFR 820. 3. If they are non-compliances, write down the specific clause numbers in ISO 13485:2016 AND specific section number of 21 CFR 820 which is applicable (write down the main clause/section in each regulation that the non-compliance is against). 4. Briefly EXPLAIN your decision.
On visiting the Calibration Department during the inspection, a request to review the training records of the calibration technician's was made. The calibration manager says that none existed, as on-the-job training is done in the department and therefore there are no training records completed.
In: Operations Management
MERMED Inc. is a medical device manufacturer.
The company’s headquarters is located in Houston, Texas. It is a global leader in developing, manufacturing, selling and servicing diagnostic imaging and therapeutic medical devices used to diagnose and treat cardiovascular and other diseases. MERMED earned $300 million of revenue in 2015, while employing more than 10,000 people worldwide. One of it’s manufacturing plants is located in Dingle, Co. Kerry, Ireland. Tom Jones is the plant manager at the Dingle facility.
The Dingle site runs 12 hour shifts, 7 days a week. It has 1000
employees. It manufactures a variety of of medical devices
(including Class III devices). A number of it's products are sold
in the US and European markets. The facility has a Quality
Management System in place. Their Quality Management System is in
compliance with ISO 13485:2016 and 21 CFR 820. Their facility is
frequently audited by Notified Bodies and the FDA.
The site was recently audited by corporate. The corporate auditing
team were checking the site's compliance with ISO 13485:2016 and 21
CFR 820. The auditors found a number of potential non-conformances
to ISO 13485:2016 and 21 CFR 820.
You must complete 4 tasks (for each of the 5 incidents/questions):
1. Review each of these potential non-conformances (5 incidents in total)
2. Determine if they are non-conformances against the requirements of the ISO13485:2016 AND 21 CFR 820.
3. If they are non-compliances, write down the specific clause numbers in ISO 13485:2016 AND specific section number of 21 CFR 820 which is applicable (write down the main clause/section in each regulation that the non-compliance is against).
4. Briefly EXPLAIN your decision.
The design file for the medical Device Alpha 04 was reviewed. The company has not analyzed the service log, problem reports, or other quality sources to verify the effectiveness of each design change and documented the results of the company's analysis.
In: Operations Management
1. What is fiat money?
2. What is the job of the Federal Deposit Insurance Corporation (FDIC)?
3. What are the Fed Goals?
4. What is a subprime mortgage?
5. Name all the elements of M1.
6. Name all the elements of M2
In: Economics
Name the 3 factors that influence margin of error for the mean of a continuous random variable and how each factor needs to change to lower it. One of the 3 factors actually does 2 things in reducing the margin of error, name both of those things.
In: Statistics and Probability
Name the 3 factors that influence margin of error for the mean of a continuous random variable and how each factor needs to change to lower it. One of the 3 factors actually does 2 things in reducing the margin of error, name both of those things.
In: Statistics and Probability
3) for one resonance structure of a nitrate(NO3-)
provide the:
a) Lewis structure
b) formal charge on each atom
c)name of the electro pair(electron domain) geometry
d) hybridization of the central atom
e)name of the molecular geometry (shape)
In: Chemistry
In: Finance
Using linux; how would you construct a void function using strfttime() to display time. Also a function using user_from_uid and group_from_gid to show the users name or group name. Trying to recreate the ls -l command.
Thank you in advance!
In: Computer Science
1)Name two differences between the parasympathetic and sympathetic nervous systems.
2)Describe six steps of transmission at a neuron to neuron synapse using the illustration below.
3)Name two functions of cerebrospinal fluid.
4)Describe a somatic reflex
In: Anatomy and Physiology