Questions
what are the four main enablers of good purchasing what are the main inhibitors

what are the four main enablers of good purchasing what are the main inhibitors

In: Operations Management

Upton Computers makes bulk purchases of small computers, stocks them in conveniently located warehouses, ships them...

Upton Computers makes bulk purchases of small computers, stocks them in conveniently located warehouses, ships them to its chain of retail stores, and has a staff to advise customers and help them set up their new computers. Upton's balance sheet as of December 31, 2016, is shown here (millions of dollars):

Cash $   3.5 Accounts payable $   9.0
Receivables 26.0 Notes payable 18.0
Inventories 58.0 Line of credit 0
Total current assets $ 87.5 Accruals 8.5
Net fixed assets 35.0 Total current liabilities $ 35.5
Mortgage loan 6.0
Common stock 15.0
Retained earnings 66.0

Total assets

$122.5 Total liabilities and equity $122.5

Sales for 2016 were $500 million and net income for the year was $15 million, so the firm's profit margin was 3.0%. Upton paid dividends of $6 million to common stockholders, so its payout ratio was 40%. Its tax rate was 40%, and it operated at full capacity. Assume that all assets/sales ratios, (spontaneous liabilities)/sales ratios, the profit margin, and the payout ratio remain constant in 2017. Do not round intermediate calculations.

  1. If sales are projected to increase by $80 million, or 16%, during 2017, use the AFN equation to determine Upton's projected external capital requirements. Enter your answer in millions. For example, an answer of $1.2 million should be entered as 1.2, not 1,200,000. Round your answer to two decimal places.

b. Using the AFN equation, determine Upton's self-supporting growth rate. That is, what is the maximum growth rate the firm can achieve without having to employ nonspontaneous external funds? Round your answer to two decimal places.

c. Use the forecasted financial statement method to forecast Upton's balance sheet for December 31, 2017. Assume that all additional external capital is raised as a line of credit at the end of the year and is reflected (because the debt is added at the end of the year, there will be no additional interest expense due to the new debt).
Assume Upton's profit margin and dividend payout ratio will be the same in 2017 as they were in 2016. What is the amount of the line of credit reported on the 2017 forecasted balance sheets? (Hint: You don't need to forecast the income statements because the line of credit is taken out on last day of the year and you are given the projected sales, profit margin, and dividend payout ratio; these figures allow you to calculate the 2017 addition to retained earnings for the balance sheet without actually constructing a full income statement.) Round your answers to the nearest cent.

Upton Computers
Pro Forma Balance Sheet
December 31, 2017
(Millions of Dollars)
Cash $
Receivables $
Inventories $
Total current assets $
Net fixed assets $
Total assets $
Accounts payable $
Notes payable $
Line of credit $  
Accruals $
Total current liabilities $
Mortgage loan $
Common stock $
Retained earnings $
Total liabilities and equity $

In: Finance

1. An esteemed teacher of Rhetoric at The University of Iowa, D.C. Bryant, wrote that rhetoric...

1. An esteemed teacher of Rhetoric at The University of Iowa, D.C. Bryant, wrote that rhetoric was the art of adjusting ideas to people, and also of adjusting people to ideas. Please explain your understanding of these ideas.

2. Please explain what it means to organize your remarks.

3. Please explain what is most important in a speech: content, or delivery? Tell why you think so.

4. What is the best type of supporting material to convince your audience?

5. Please explain your idea of credibility.   

(For speech class) we are currently reading the book The Natural Speaker so if you have read the book please answer based on that.

In: Operations Management

Henry and Bob are both 35 years old but have been investing different amounts of money...

Henry and Bob are both 35 years old but have been investing different amounts of money for different lengths of time.

  • Henry saved $15 each month for 12 years at an average interest rate of 3.6% compounded monthly until he was 25. Then he reinvested the entire amount at 3.8% compounded monthly for 10 years.
  • Bob has been depositing $18 each month for the past 10 years into a savings account that earns an average annual interest rate of 3.8% compounded monthly.

a) Determine the total value of each of the above investments. Complete the tables or show your formula calculations as part of your solution.

In: Finance

Why is it costly if an error was discovered in later phases of software development?

Why is it costly if an error was discovered in later phases of software development?

In: Computer Science

Define the concept of cognitive economy, and provide an example of a situation in which cognitive...

Define the concept of cognitive economy, and provide an example of a situation in which cognitive economy leads to better decisions and another example of a situation in which cognitive economy leads to poorer decisions

In: Psychology

Chastain Corporation is trying to determine the effect of its inventory turnover ratio and days sales...

Chastain Corporation is trying to determine the effect of its inventory turnover ratio and days sales outstanding (DSO) on its cash conversion cycle. Chastain's 2016 sales (all on credit) were $248000; its cost of goods sold is 80% of sales; and it earned a net profit of 3%, or $7440. It turned over its inventory 7 times during the year, and its DSO was 34 days. The firm had fixed assets totaling $25000. Chastain's payables deferral period is 45 days.

Assume 365 days in year for your calculations. Calculate Chastain's cash conversion cycle. Round your answer to two decimal places. Do not round intermediate calculations.

Assuming Chastain holds negligible amounts of cash and marketable securities, calculate its total assets turnover and ROA. Round your answers to two decimal places. Do not round intermediate calculations.

Suppose Chastain's managers believe that the inventory turnover can be raised to 8.4 times. What would Chastain's cash conversion cycle, total assets turnover, and ROA have been if the inventory turnover had been 8.4 for 2016? Round your answers to two decimal places. Do not round intermediate calculations.

In: Finance

An office building is purchased with the following projected cash flows: NOI is expected to be...

An office building is purchased with the following projected cash flows: NOI is expected to be $180,000 in year 1 with 2 percent annual increa The purchase price of the property is $910,000. 100% equity financing is used to purchase the property The property is sold at the end of year 4 for $970,000 with selling cost 8 %

Calculate the unlevered internal rate of return (IRR).

A. 19.9%

B. 20.7%

C. 21.5%

D. 22.3%

E. 23.1%

In: Finance

What types of news stories lend themselves well to mobile reporting? What format should a liveblog...

What types of news stories lend themselves well to mobile reporting? What format should a liveblog follow? When planning to live tweet an event, how should you prepare? While live tweeting, what kinds of information belongs in the first few tweets? How and why should hashtags be used? What are other tips and best practices for live tweeting?

Provide examples. Cite all sources.

In: Operations Management

Evaluating Walter's Health Care Coverage Walter Burton was a self-employed window washer earning approximately $700 per...

Evaluating Walter's Health Care Coverage

Walter Burton was a self-employed window washer earning approximately $700 per week. One day, while cleaning windows on the eighth floor of the Commercial Bank Building, he tripped and fell from the scaffolding to the pavement below. He sustained severe multiple injuries but miraculously survived the accident. He was immediately rushed to the local hospital for surgery. He remained there for 58 days of treatment, after which he was allowed to go home for further recuperation. During his hospital stay, he incurred the following expenses: surgeon, $2,300; physician, $900; hospital bill for room and board, $250 per day; nursing services, $1,200; anesthetics, $600; wheelchair rental, $100; ambulance, $150; and drugs, $350. Walter has a major medical policy that has a $3,500 deductible clause, an 80 percent co-insurance clause, internal limits of $170 per day on hospital room and board, and $1,600 as a maximum surgical fee. The policy provides no disability income benefits.

  1. Explain the policy provisions as they relate to deductibles, co-insurance, and internal limits.
  2. How much should Walter recover from the insurance company?
    $  
    How much must he pay out of his own pocket?
    $  
  3. Would any other policies have offered Walter additional protection? What about his inability to work while recovering from his injury?
  4. Based on the information presented, how would you assess Walter's health care insurance coverage?


    Explain.

In: Finance

3) Convert 1.25 decimal to 32 bit floating point format. 4) Convert the following truth table...

3) Convert 1.25 decimal to 32 bit floating point format.
4) Convert the following truth table to a digital circuit consisting of
   NOT, AND, and OR gates.

   ABC  Out
   000  1
   001  1
   010  0
   011  0
   100  1
   101  0
   110  1
   111  0

5) Construct a tri-state buffer using transistors
10) What are the advantages of a large page size?

In: Computer Science

Think of an environmental problem (e.g., climate change, acid rain, agricultural chemical run-offs, water pollution, air...

Think of an environmental problem (e.g., climate change, acid rain, agricultural chemical run-offs, water pollution, air pollution, etc.) that seems interesting or urgent to you.

a. Briefly describe this problem. What causes it? What are the potential short-term and long-term impacts?

b. Suppose that you are a policy maker and you are in charge of implementing a policy dealing with this problem.

i. Suppose that you propose a standard. Briefly explain how this policy would work and how it would deal with the environmental issue. What would be the positive attributes of this policy? What would be negative attributes, or drawbacks?

ii. Suppose that you propose an emission tax. Briefly explain how this policy would work and how it would deal with the environmental issue. What would be the positive attributes of this policy? What would be negative attributes, or drawbacks?

iii. Suppose that you propose a Cap-and-Trade system. Briefly explain how this policy would work and how it would deal with the environmental issue. What would be the positive attributes of this policy? What would be negative attributes, or drawbacks?

In: Operations Management

how to make a graphical representation (image) of the basic network for 100 users.

how to make a graphical representation (image) of the basic network for 100 users.

In: Operations Management

3. ARE WOMEN SLAVE TO MEN KNOWING THAT THROUGH MARRIAGE WOMEN TAKE ON THE NAME OF...

3. ARE WOMEN SLAVE TO MEN KNOWING THAT THROUGH MARRIAGE WOMEN TAKE ON THE NAME OF THEIR HUSBANDS AND CHILDREN TAKE ON THE NAMES OF THEIR FATHERS? WHAT DO WOMEN GET OUT OF THE RELATIONSHIP IN TERMS OF OWNERSHIP?

In: Psychology

Often, planned tasks and their duration may change during project execution. It is important to analyze...

Often, planned tasks and their duration may change during project execution. It is important to analyze the effect of these changes on your project to ensure that the project still executes as expected. In this assignment, you will learn how to monitor your project for any effect of changes to planned tasks.

Revisit Chapter 6, "Project Time Management" in your textbook. Assume that there are six tasks to be completed in a project. Their duration and predecessors are specified in the following table:

Task

Duration

Predecessors

1.

2 days

N/A

2.

4 days

1

3.

3 days

1

4.

4 days

2

5.

6 days

3

6.

4 days

4, 5


Perform the following tasks:

  1. Create a network diagram for this project.

  2. Calculate the critical path and slack times for all tasks.

  3. Assume that during project execution, you need to change the duration for Task 3 to 5 days, and Task 2 is finished 1 day early. How would these changes affect your project? What problems would have arisen if you were not monitoring the project?

  4. Submit the network diagram as an embedded image in a 3- to 4-page document that also contains the calculations for the critical path and slack times and responses to the questions.

Submit your answers in the online classroom by Day 6.

Submit your answers by Day 6.

In: Operations Management