how PetMed will increase its competitive advantage by increasing the acquisition of new customers and increasing sales to loyal customers. What can they do?
In: Operations Management
You are considering a merger of two companies:
Company A Company B
Value of Assets (MV) $ 10 Billion $ 100 Billion
Debt (MV) $ 5 Billion $ 10 Billion
Maturity of Debt 5 years 5 years
Volatility 35% 40%
Rf 2% 2%
If company B wants to buy Company A’s equity and pay off its debt as part of the merger,
(a) use the Black-Scholes model to analyze the market value of the equity and the debt of A and B before the merger
(b) If the two firms are merged and there is no synergy, and the combined firm has volatility of 32%, use the Black-Scholes model to analyze the market value of the equity and the debt of B of the combined firm
(c) does this merger makes sense for the stockholders of A and B? Explain
In: Finance
acme bank is making a commercial real estate loan to jackson apartments with the following data purchase price 20 million, loan to value ratio of 75%, minimum debt service coverage 1.1 times, interest rate of 5%, cap rate of 7% and 30 year amortization. which of the following statements are false? a) cash on cash return in year one is 6.67% b) loan yield is 9.33% c) debt coverage ratio is 1.45 times
In: Finance
Would the following function work correctly if statically allocated activation records are used for implementation? Explain why it would work or not.
fun fact x = if x <= 0 then 1 else x * fact(x - 1);
In: Computer Science
Select two Fortune 500 companies. Compare their entrepreneurial orientation (autonomy, innovativeness, proactiveness, competitive aggressiveness, and risk taking). Based on your analysis, which one of the two companies you selected has a stronger entrepreneurial orientation?
In: Operations Management
|
II. TMA Topic and requirements |
The global trade environment and the dynamics of competition among organizations are the most important topics for understanding and practicing management in today’s markets. The focus of this TMA is to select an example of a successful global organization/brand and discuss the factors that had led to its success along with the challenges that it faces in operating globally.
|
1. Essay Paper (50 marks out of 100) (1500 words) |
Your answer should be in the form of an essay. The essay should be well organized, that is, it has an introduction (2.5 marks), body and conclusion (2.5 marks). The introduction should introduce the topic.
In the body paragraphs, the following points should be discussed:
In: Operations Management
Exercise 22-20
The before-tax income for Tamarisk Co. for 2017 was $98,000 and
$80,300 for 2018. However, the accountant noted that the following
errors had been made:
| 1. | Sales for 2017 included amounts of $41,300 which had been received in cash during 2017, but for which the related products were delivered in 2018. Title did not pass to the purchaser until 2018. | |
| 2. | The inventory on December 31, 2017, was understated by $7,800. | |
| 3. | The bookkeeper in recording interest expense for both 2017 and 2018 on bonds payable made the following entry on an annual basis. |
|
Interest Expense |
18,200 |
|
|
Cash |
18,200 |
| The bonds have a face value of $260,000 and pay a stated interest rate of 7%. They were issued at a discount of $14,000 on January 1, 2017, to yield an effective-interest rate of 8%. (Assume that the effective-yield method should be used.) |
| 4. | Ordinary repairs to equipment had been erroneously charged to the Equipment account during 2017 and 2018. Repairs in the amount of $8,200 in 2017 and $9,300 in 2018 were so charged. The company applies a rate of 10% to the balance in the Equipment account at the end of the year in its determination of depreciation charges. |
Prepare a schedule showing the determination of corrected income
before taxes for 2017 and 2018.
In: Accounting
As part of a quality improvement initiative, Consolidated Electronics employees complete a three-day training program on teaming and a two-day training program on problem solving. The manager of quality improvement requested that at least 8 training programs on teaming and at least 10 training programs on problem solving be offered during the next six months. In addition, senior-level management specified that at least a total of 25 training programs must be offered during this period. Consolidated Electronics uses a consultant to teach the training programs. During the next six months, the consultant has 84 days of training time available. Each training program on teaming costs $10,000 and each training program on problem solving costs $8,000
1) Build a spreadsheet representation of the model, and then solve it using Solver. Keep the solution as part of your spreadsheet. How many training programs of each kind would be offered, and what would be the total cost at the optimal point?
In: Operations Management
A consumer products company has identified a potential product which would require $1,800,000 in start-up costs to launch. If it turns out to be a major success, there will be a $10,000,000 contribution to profit. A minor success would give a profit contribution of $2,000,000, while a failure would have a profit contribution of only $500,000. The company is most worried about this third possibility, since in this case the net profit would be $500,000 minus $1,800,000, i.e. a loss of $1,300,000. In the past, only one new product in twenty became a major success, while three-quarters of them became failures; there is no reason to suspect that this product would be any different from the rest. Some of their competitors use an outside independent market research firm to give them advice about new products. The fee for the research firm is $50,000; in return, the consumer products company would be told that the proposed product either “looks well” or “looks poorly”. The research company had established a track record which gave them confidence about saying the following: 1. If a product would be a major success, they would say “looks well” with probability 0.8; 2. If a product would be a minor success, they would say “looks poorly” with probability 0.7; 3. If a product would be a failure, they would say “looks poorly” with proba- bility 0.9. Develop a decision tree and solve it to obtain a recommendation for the con- sumer products company. Show all workings and calculations
In: Operations Management
In: Psychology
Aviation safety: pilot fatigue
Should the FAA allow for cockpit naps to help with pilot fatigue? Does even taking short naps of 40 minutes even help with fatigue and improve alertness?
In: Operations Management
C Program: (Knapsack Exhaustive): How do I add the 5 random generated values into the val [] arrays and how to add the total maximum weights ?
// returns maximum of two integers
int max(int a, int b) { return (a > b)? a : b;
}
// Returns the maximum value that can be put in a
knapsack of capacity W
int knapSackExhaustive(int W, int wt[], int val[], int
n){
if (n == 0 || W == 0)
return 0;
// If weight of the nth item is more than Knapsack capacity W,
then
// this item cannot be included
if (wt[n-1] > W)
return knapSackExhaustive(W, wt, val, n-1);
else return max( val[n-1] + knapSackExhaustive(W-wt[n-1], wt, val,
n-1),
knapSackExhaustive(W, wt, val, n-1)
);
}
int main() {
int i;
time_t t;
//Intializes random number generator
srand((unsigned) time(&t));
// Print 5 random values from 3 to 15
int q;
printf("Five Random Values:\n");
for( i = 0 ; i < 5 ; i++ ) {
int q=printf(" %d\n",rand() % 15+2);
}
int val[]= {i};
int j;
//Print 5 random weights from 1 and 10000
printf("Five Random Weights:\n");
for( j = 0 ; j < 5 ; j++ ) {
printf(" %d\n", rand() % 10000);
}
int wt[]={j};
int W = 10000;
int n = sizeof(val)/sizeof(val[0]);
n = sizeof(wt)/sizeof(wt[0]);
printf("Total Value: %d\t\n", knapSackExhaustive(W, wt, val,
n));
printf("Total Weight:\t");
return 0;
}
In: Computer Science
Discuss the influence of biological and genetic factors in deviance and crime and what role the health care community should play in controlling and modify anti-social and/or criminal behaviors. Use examples from your personal life and a quote or two from your textbook to support your ideas and cite them using the APA format.
In: Psychology
Suppose a company has proposed a new 4-year project. The project has an initial outlay of $70,000 and has expected cash flows of $20,000 in year 1, $23,000 in year 2, $29,000 in year 3, and $35,000 in year 4. The required rate of return is 12% for projects at this company. What is the discounted payback for this project? (Answer to the nearest tenth of a year, e.g. 3.2)
In: Finance
Optimus Company manufactures a variety of tools and industrial
equipment. The company operates through three divisions. Each
division is an investment center. Operating data for the Home
Division for the year ended December 31, 2020, and relevant budget
data are as follows.
Actual
Comparison with Budget
Sales$1,400,000$100,000 favorable
Variable cost of goods sold665,00045,000 unfavorable
Variable selling and administrative expenses125,00025,000 unfavorable
Controllable fixed cost of goods sold170,000On target
Controllable fixed selling and administrative expenses80,000On target
Average operating assets for the year for the Home Division were
$2,000,000 which was also the budgeted amount.
Prepare a responsibility report for the Home Division. (List
variable costs before fixed costs. Round ROI to 2 decimal places,
e.g. 1.57%.)
OPTIMUS COMPANY
Home Division
Responsibility Report
For the Year Ended December 31, 2020
Difference
Budget
Actual
Favorable
Unfavorable
Neither Favorable
nor Unfavorable
Gross ProfitControllable Direct Fixed CostsTotal Variable CostsVariable CostsContribution MarginControllable MarginTotal Controllable Direct Fixed CostsSalesCost of Goods SoldSelling and Administrative
$ $ $
FavorableUnfavorableNeither Favorable nor Unfavorable
SalesContribution MarginControllable Direct Fixed CostsSelling and AdministrativeControllable MarginCost of Goods SoldGross ProfitTotal Controllable Direct Fixed CostsTotal Variable CostsVariable Costs
Variable Costs Controllable Margin Contribution Margin Selling and Administrative Controllable Direct Fixed Costs Cost of Goods Sold Gross Profit Sales Total Controllable Direct Fixed Costs Total Variable Costs
FavorableUnfavorableNeither Favorable nor Unfavorable
Contribution Margin Total Controllable Direct Fixed Costs Controllable Direct Fixed Costs Selling and Administrative Total Variable Costs Variable Costs Controllable Margin Cost of Goods Sold Gross Profit Sales
FavorableUnfavorableNeither Favorable nor Unfavorable
Variable Costs Selling and Administrative Cost of Goods Sold Total Controllable Direct Fixed Costs Controllable Direct Fixed Costs Total Variable Costs Sales Contribution Margin Gross Profit Controllable Margin
FavorableUnfavorableNeither Favorable nor Unfavorable
SalesSelling and AdministrativeContribution MarginGross ProfitTotal Controllable Direct Fixed CostsVariable CostsTotal Variable CostsControllable Direct Fixed CostsControllable MarginCost of Goods Sold
FavorableUnfavorableNeither Favorable nor Unfavorable
Total Variable CostsControllable MarginVariable CostsContribution MarginCost of Goods SoldGross ProfitControllable Direct Fixed CostsTotal Controllable Direct Fixed CostsSalesSelling and Administrative
Contribution Margin Sales Selling and Administrative Variable Costs Cost of Goods Sold Total Controllable Direct Fixed Costs Controllable Direct Fixed Costs Controllable Margin Total Variable Costs Gross Profit
FavorableUnfavorableNeither Favorable nor Unfavorable
Controllable Margin Total Variable Costs Sales Total Controllable Direct Fixed Costs Cost of Goods Sold Variable Costs Contribution Margin Controllable Direct Fixed Costs Selling and Administrative Gross Profit
FavorableUnfavorableNeither Favorable nor Unfavorable
Total Controllable Direct Fixed Costs Controllable Margin Cost of Goods Sold Variable Costs Selling and Administrative Gross Profit Total Variable Costs Contribution Margin Controllable Direct Fixed Costs Sales
FavorableUnfavorableNeither Favorable nor Unfavorable
Controllable Direct Fixed CostsControllable MarginCost of Goods SoldGross ProfitSalesSelling and AdministrativeTotal Controllable Direct Fixed CostsTotal Variable CostsVariable CostsContribution Margin
$ $ $
FavorableUnfavorableNeither Favorable nor Unfavorable
ROI % % %
FavorableUnfavorableNeither Favorable nor Unfavorable
Compute the expected ROI in 2020 for the Home Division, assuming
the following independent changes to actual data. (Round ROI to 2
decimal places, e.g. 1.57%.)
The expected ROI
(1)Variable cost of goods sold is decreased by 5%. %
(2)Average operating assets are decreased by 10%. %
(3)Sales are increased by $200,000, and this increase is expected to increase contribution margin by $80,000. %
In: Accounting