Improving Decision Making: Making the Rent vs. Buy Decision for Hardware and Software

This project provides an opportunity for you to help a real-world make a decision about whether to rent or buy new technology. You’ll use spreadsheet software to compare the total three-year cost of licensing and maintaining new manufacturing software or renting the software from an application service provider.

Dirt Bikes would like to implement new production planning, quality control, and scheduling software for use by 25 members of its manufacturing staff. Management is trying to determine whether to purchase the software from a commercial vendor along with any hardware required to run the software, or to use a hosted software solution from an application service provider. (The hosted software runs on the ASP’s computer.) You have been asked to help management with the rent-versus-buy decision by calculating the total cost of each option over a three-year period.

The costs of purchasing the software (actually for purchasing a license from the vendor to use its software package) include the initial purchase price of the software (licensing fee of $100,000 paid in the first year), the cost of implementing and customizing the software in the first year ($20,000), one new server to run the software (a first-year purchase of $4,000), one information systems specialist devoting half or his or her time to supporting the software ($55,000 in full-time annual salary and benefits with a 3% annual salary increase each year after the first year), user training in the first year ($10,000), and the cost of annual software upgrades ($5,000).

The cost of renting hosted software are the rental fees ($2,500 annually per user), implementation and customization costs ($12,000 in the first year), and training ($10,000 in the first year).

Use your spreadsheet software to calculate the total cost of renting or purchasing this software over a three-year period. Identify the lowest price alternative that meets Dirt Bike’s requirements.

What other factors should Dirt Bikes consider besides costs in determining whether to rent or buy the software?

Please Use Excel to solve this problem.. Please list the steps used in your solution.

Ronaldo Company has not yet prepared the statement of cash flows. The Balance sheet as of December 31, 2018 and January 1, 2018 and the additional information regarding the statement of income and retained earnings for the year are presented below.

Ronaldo Company

Comparative Balance Sheet

(Dollars in Millions)

Assets                                                                  12/31/2018                                   1/1/2018    

Current Assets:

            Cash                                                                $   98                                     $ 158

            Account Receivables                                      1,290                                      1,160

            Inventory                                                        1,320                                     1,230

Total Current Assets                                                   2,708                                       2,548

Property, Plant, and Equipment                     3,030                           2,932

Less Accumulated Depreciation                     1,530                          1,282

Net Property, Plant, and Equipment                             1,500                                      1,650

Total Assets                                                              $4,208                                 $4,198

Liability and Equity

Current Liability:

            Account payable                                             $500                                           $310

            Accrued Liability                                              380                                             330

            Income tax payable                                            152                                             140

Total current Liability                                                $1,032                                         $780

Bonds payable                                                                  900                                         1,240

Total Liability                                                               1,932                                         2,020

Stockholders’ Equity:

            Common Stock                                                     322                                            322

            Retained earnings                                              1,954                                          1,856

Total Stockholders’ Equity                                             2,276                                         2,178

Total Liability and Stockholders’ Equity                      $4,208                                      $4,208

Ronaldo Income statement ((Dollars in Millions)

Net Income                                                     $7,200

Cost of goods sold                                          5,100

Gross Margin                                                  2,100

Selling and administrative Expenses              1,750

Net Operating Income                                        350

Nonoperation items:

            Gain on sale of Equipment                        6

Income before Taxes                                            356

Income tax                                                            126

Net Income                                                        $ 230

Ronaldo also provided the following information:

1. The company sold equipment that had an original cost of $26 million and accumulated depreciation of $16 million. The cash proceeds from the sale were $16 million. The gain on the sale was $6 million
2. The company did not issue any bonds during the year.
3. The company paid a cash dividend during the year
4. The company did not complete any common stock transactions during the year

Required:

1. Prepare a statement of cash flows for the year using the indirect method
2. Compute Ronaldo’s free cash flow
3. Assume that Ronaldo has sales of $7,600, Net income of $230, and net cash provided by operating activities of $300 in the prior year. Prepare a memo that summarizes your interpretations of Ronaldo’s financial performance
4. Use the analysis of Ronaldo Company to illustrate how information in the balance sheet and the statement of cash flows helps the users of the financial statements.

ANSWER PART 3 AND 4

C++

Summary

To make telephone numbers easier to remember, some companies use letters to show their telephone number. For example, using letters, the telephone number 438-5626 can be shown as GET LOAN.

In some cases, to make a telephone number meaningful, companies might use more than seven letters. For example, 225-5466 can be displayed as CALL HOME, which uses eight letters.

Instructions

Write a program that prompts the user to enter a telephone number expressed in letters and outputs the corresponding telephone number in digits.

If the user enters more than seven letters, then process only the first seven letters.

Also output the - (hyphen) after the third digit.

Allow the user to use both uppercase and lowercase letters as well as spaces between words.

Moreover, your program should process as many telephone numbers as the user wants.

Use the dialpad below for reference:

The program should accept input and produce output similar to the example program execution below.

Enter Y/y to convert a telephone number from
letters to digits.
Enter any other letter to terminate the program.
Y
Enter a telephone number using letters: Hello world

The corresponding telephone number is:
435-5696
To process another telephone number, enter Y/y
Enter any other letter to terminate the program.
z

There are some basic steps in a criminal trial. I want you to walk me through a trial and then I want you to tell me what you consider to be the most important step and support your thoughts using our library databases.

1. What are the primary functions of computer technology in the dentist’s office? In your answer, refer to clinical, administrative, and special-purpose applications.

2. Discuss the advantages and disadvantages of using virtual reality simulations in health care education. Provide examples.

3. Given the many uses of information technology in health care today, anyone entering a health care field must be computer literate and computer competent. Discuss this statement and provide examples.

c++

Create a one-dimension array, y, of this struct data type with a length 4. Pass y into a function: PrintArrayElement( …). Finish the interface of this function, and loop over each array element inside this function

BUSINESS LAW: Roderick’s of Burbank, Inc., is a corporation selling lingerie. Roderick’s is incorporated in the State of Delaware; it has its headquarters in the State of California; it is registered to do business in Nevada, New Jersey, and Indiana. Roderick’s has repeatedly sent sales representatives into the states of Georgia, Alabama, and Mississippi. It has also, on one occasion, published newspaper advertisements in Rhode Island and Massachusetts. In which states will Roderick’s be subject to in personam jurisdiction? Bonus hint: Look at the International Shoe case.

Suppose you're in charge of establishing economic policy for this small island country.

Which of the following policies would lead to greater productivity in the fishing industry? Check all that apply.

Imposing a tax on fishing poles

Imposing restrictions on foreign ownership of domestic capital

Sharply increasing the interest rate on student loans to people pursuing advanced degrees in fishing

Offering free public education to every worker in the country

Tom was named the department manager of a large new chemical processing unit to be designed and constructed. During the course of his work, Tom suggested to the project designer an alteration to the design that considerably improved safety. After Tom's suggestion has been successfully implemented, Tom was offered a very nice fishing trip to South America by his upper manager for his solution. Should Tom accept the fishing trip? Discuss why or why not tom should accept or decline the gift? Is it bribe or not and why? Write the related NSPE code(s) of ethics.

What is the purpose of the Product Life Cycle? Identify and explain the four stages of the product life cycle. In your response, be sure to include an indication of how sales, profits, product, price, promotion and place change with each stage. Explain what marketers can do to extend the length of the product life cycle? Provide examples to showcase your ideas.

23. What are the three steps in recovering debt?

1.

2.

3.

dentify historical beliefs about the sources of mental illness (along with their proposed

treatments), including: wandering uterus, humorism, supernatural and religious causes

in the middle ages and during the witch hunts



Identify important shifts in mental health care, such as the care provided at from St.

Mary’s of Bethlehem vs. the care provided in the Paris asylum (Pinel) and in the York

Retreat (Tuke)

1. The ability to adapt to a changing environment will often dictate the success or failure of a team. Why it is important to develop team members?