...Disney Movies are more than entertainment; they are a piece of pop culture that generations of children will remember forever. It all started in 1937 when Disney released its first feature length film, Snow White. To date, Disney has released more than 300 films. Each generation will have its own memory of their favorite Disney movies. For instance, any child born in the last 15 years will remember Toy Story. It was released in 1995 and followed by Toy Story 2 and Toy Story 3. Disney really made an impact on kids with Toy Story. It was a wonderful story about a boy and the friendship between his two toys, a lovable, stuffed cowboy named Woody (voice by Tom Hanks), and an astronaut toy named Buzz Light-year (voice by Tim Allen). Today, Toy Story and the characters are a big part of Disneyland Amusement Parks. There are Toy Story rides that excite kids of all ages. It seems with every Disney movie launch there are mass toy sales and fast food restaurants selling “Happy Meals’ with Disney movie character toys. It is almost impossible to avoid the media and advertising explosion after a Disney movie release. What is nice about Disney movies is that parents can feel good about their kids watching them because Disney represents “wholesome.” A parent can be assured that the content of the movie will be age appropriate for their child. Disney movies are an icon in American pop culture. What Disney movie do you remember the...
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...understanding and adhering to all policies contained within the following two documents: • University policies: You must be logged into the student website to view this document. • Instructor policies: This document is posted in the Course Materials forum. University policies are subject to change. Be sure to read the policies at the beginning of each class. Policies may be slightly different depending on the modality in which you attend class. If you have recently changed modalities, read the policies governing your current class modality. Course Materials Gitman, L. J. (2009). Principles of managerial finance (12th ed.). Boston, MA: Pearson Addison Wesley. All electronic materials are available on the student website. |Week One: Financial Risk Management...
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...FIN 612 Managerial Finance Week Three Assignment Your assignment for this week is to complete the following questions and problems from Chapter 3. Please submit your complete assignment in the course room by the due date. Chapter 3 Questions (3-3) Over the past year, M. D. Ryngaert & Co. has realized an increase in its current ratio and a drop in its total assets turnover ratio. However, the company’s sales, quick ratio, and fixed assets turnover ratio have remained constant. What explains these changes? (3-5) How might (a) seasonal factors and (b) different growth rates distort a comparative ratio analysis? Give some examples. How might these problems be alleviated? (3-6) Why is it sometimes misleading to compare a company’s financial ratios with those of other firms that operate in the same industry? Chapter 3 Problems (3-1) Greene Sisters has a DSO of 20 days. The company’s average daily sales are $20,000. What is the level of its accounts receivable? Assume there are 365 days in a year. Accounts Receivable = 20 days * $20,000 sales = $400,000 (3-2) Vigo Vacations has $200 million in total assets, $5 million in notes payable, and $25 million in long-term debt. What is the debt ratio? Equity Ratio = (1/2.5) = 0.4 Debt Ratio = 1 - .4 = 60% (3-3) Winston Washers’s stock price is $75 per share. Winston has $10 billion in total assets. Its balance sheet shows $1 billion in current liabilities, $3 billion in long-term debt, and $6 billion in...
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...Phyllis Jones Week 3 ECO320 10/28/12 Chapter 5 question 16 In table 5.5, show the derivation of each of the following entries: a. the interest rate of 5.1 percent on a bond sold in 2011 that matures in 7 years. 2011: 5.0 2012: 5.5 2013: 6.0 2014: 6.0 2015: 5.8 2016: 5.5 2017: 5.1 b. The interest rate of 4.4 percent on a bond sold in 2014 that matures in 5 years 2014: 6.0 2015: 5.5 2016: 5.0 2017: 4.5 2018: 4.4 c. The interest rate of 4.5 percent on a bond sold in 2018 that matures in 2 years. 2018: 4.0 2019: 4.5 Chapter 6 question 13 Suppose that the Fisher hypothesis holds for an economy that has an expected real interest rate of 2%. For each of the expected inflation rates of 0, 2,4,6,8 percent, calculate the nominal interest rate and the after tax expected real interest rate if the tax rate is 30% a.(0) 1000 principal x 0.00 nominal interest rate =0 interest earned b.(2) 1000 principal x0.02=$20 nominal interest rate. $20 x0.30= $6 taxes. $20-$6 taxes =$14 after –tax nominal interest income c(4). 1000 principal x0.04=$40 nominal interest. $40 x 0.30=$12. $40-$12=$28 after tax nominal interest income. D(6) $60 is nominal interest. $60 x0.30=$18. $60-$18=$42 after tax nominal interest income. E(8) $80 is nominal interest. $80 x0.30=$24. $80-$24=$56 after-tax nominal interest...
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...- Left Column Of Account | Accounts Payable | Owner's Equity | Credit | Credit - Right Column Of Account | Debit - Left Column Of Account | Owner's Capital | Revenue | Credit | Credit - Right Column Of Account | Debit - Left Column Of Account | Sales | Costs and Expenses | Debit | Debit - Left Column Of Account | Credit - Right Column Of Account | Rent, Utilities, Advertising | Owner Withdraws | Debit | Debit - Left Column Of Account | Credit - Right Column Of Account | Owner Withdraws Cash | E3-6 Selected transactions for Home Place, an interior decorator corporation, in its first month of business, are as follows. 1. Issued stock to investors for $15,000 in cash. 2. Purchased used car for $10,000 cash for use in business. 3. Purchased supplies on account for $300. 4. Billed customers $3,700 for services performed. 5. Paid $200 cash for advertising start of the business. 6. Received $1,100 cash from customers billed in transaction (4). 7. Paid creditor $300 cash on account. 8. Paid dividends of $400 cash to stockholders. Instructions (a) For each transaction indicate (a) the basic type of account debited and credited (asset, liability, stockholders’ equity); (b) the specific account debited and credited (Cash, Rent Expense, Service Revenue, etc.); (c) whether the specific account is increased or decreased; and (d) the normal balance of the specific account. Use the format shown on page 142, in which transaction 1 is given as an example. E3-7 This...
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...Week 3 Individual Assignment Phoenix University RES/351 22 March 2016 The choice of a research design is often dictated with the nature of the problem being explored. In addition, the amount of knowledge already available in a certain field also dictates the research design. This is because qualitative research can be used to gather primary knowledge before carrying on quantitative research which is used to explore more specific and complex problems. It is safe to say that qualitative information can help to formulate a hypothesis to be tested in quantitative research. In any business, qualitative research is mostly used to study human behavior and consumer trends. In this particular case, the researchers were attempting to determine the differences in buying behavior between customers of vehicles in China, Japan, and Western countries. The methods used to gather information were interviews and questionnaires that featured many open-ended questions. The information gathered through these means was such that it was almost impossible to express it in numerical form. The hypothesis formulated by the researchers was whether culture plays a role in the buying decision when looking for a car. The analysis of the information gathered entailed looking at a response and recording a yes or no response. The conclusion was drawn after aggregating the responses from each country. The researchers found that culture plays an important...
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...overall experience during this course. What were the highlights? Was there anything you did not feel was useful? My overall experience was a great one. I have learned a lot of things during this course. The highlight for me was the team assignment. It taught me how important communication is going to be in order to be successful. I feel that everything that I learned in this course is going to be useful. 2. What do you see as your obstacles to succeeding at Ellis? What can you do to overcome those obstacles? I feel that my biggest obstacle to succeeding in this course is going to be allowing myself enough time to complete assignments in a timely manner. I plan to schedule time daily just for schoolwork to overcome these struggle. 3. Do you have any questions about the Ellis University course environment, course structure, or policies? What was your reaction to these features of the online learning experience? I don’t have any questions about Ellis University course environment, course structure, or policies. My reaction to the features were positive because I have taken an online course before and the experience is pretty much the same. Part 2: Learning Style 5. What is your learning style? I am an aural, read/write, and kinesthetic learner. 6. Do you...
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...AMANDA BALL WEEK 3 Islam vs Hinduism While religious denominations tend to share many things in common, the difference between Islam and Hinduism starts with their respective origins, and goes all the way through to beliefs and practices. In the desert of Arabia, there were kinds of people who were ready to revolt against the traditional religious beliefs of the time. Once the prophet Muhammad received his divine revelations, Islam was formed, developed, and taught. Hinduism began as more of what could be called a ‘coming together’ of various belief systems. At the time, the subcontinent of India was a destination of many wanderers, the exiled, the seekers, and of course, the prophetic. There are much greater ties to Jewish and Christian beliefs in Hinduism, than can be found in Islam. One can find many vast differences in the founding principles of each denomination. Islam is formed from a sense of activism, a need to rush out and find the world, teach those in the world of Islamic faith and tradition, and embrace the humanity in which it resides. Hinduism is based on principles of patient listening, tolerance for those who are different in faith, and the strong belief that, in given time, there will be an awakening of the people. This awakening will bring the people to Hinduism. Religious denominations have been historically named to define either their location of origin, or the...
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...University of Phoenix Faculty Material Week 3 Quiz Multiple Choice 1. Angelica wants to win the beauty contest because she wants the trophy and the recognition. She is ______C________ motivated. a. intrinsically b. avoidance c. extrinsically d. situationally 2. Maslow believed that all human beings strive to become __________B__________ a. great people b. self-actualized c. goal oriented d. achievement oriented 3. __________C___________ theory postulates that bodily reactions occur before the emotions and _____________________ theory postulates that both the bodily reactions and emotions occur at the same time. a. Cannon–Bard theory; James–Lange theory b. James–Lange theory; Two factor theory c. James–Lange theory; Cannon–Bard theory d. Emotional intelligence; Dual Pathway Model of Fear 4. ____________A__________ is the ability to manage emotions effectively in a variety of situations. a. Emotional intelligence b. Emotional resilience c. Emotional stability d. Mental toughness 5. ________B___________ believed that the process in which we handle specific psychosocial crises shapes our personality development throughout the lifespan. a. Sigmund Freud b. Erik Erickson c. Jean Piaget d. Albert Bandura 6. Children tend to view the world based on their personal perspectives. The term for this is ____B___ a. centration ...
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...Darmesha Miller Professor Roberts, Employment Law November 18, 2012 Week 3 Assignment, Sexual Harassment Sexual harassment is unwelcome sexual advances, request for sexual favors, and other verbal or physical conduct of a sexual nature that tends to create a hostile or offensive work environment. It is a form of Sex Discrimination and employees who are victims of being sexually harassed can sue under Title VII of the Civil Rights Act of 1964. Brittany Murphy was working as a receptionist for a company called Personal Connections where she was sexually harassed multiple times. Brittany had a co-worker by the name of Robert Singer who would sexually harass her by talking about how big her chest was or staring at her pictures that she placed on her desk of her in a bikini suit. Brittany felt uncomfortable with his comments, but things got worse when she found the picture of her in the bikini missing and replaced back on her desk the next day. When she went inside Robert’s office she noticed that her picture was posted on his computer as the screen saver. This disgusted Brittany and she told other co-workers on the job, but she didn’t tell her supervisor know right away. The harasses kept coming which made her eventually go to her supervisor, Dwayne Miller, and let him know all that she has been going through. He does nothing and the harassing continued. After a while, Dewayne approached Brittany and began to harass her as well, by stating that they were going out of town...
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...When it comes to matters of thermodynamics, which is the study of energy and it’s transformations, there are two laws that apply to everything in the universe. These laws, known as the 1st and 2nd laws of thermodynamics, describe the flow of energy throughout an ecosystem, and also how the process of transferring energy provides the means to sustain life within it. The rainforest is a very complex ecosystem that contains many different species of animals, insects, plants, and trees. The 1st law states that an organism can not create the energy it needs to survive on it’s own and therefore must capture it from it’s surrounding environment, i.e., photosynthesis. During this process, solar energy from the sun absorbs into the plant and vegetation population, converting the chemical energy into sugar. Insects and animals in turn eat the plants, and then use that very same sugar as an energy source to power their movement. This is called biological work. The energy remaining is given off as heat and released back into the environment from which it originated. This ensures that the amount of energy present in the environment is always the same, as it is borrowed and returned, but never lost. The 2nd law simply states that the amount of energy that can be used to do biological work within the universe may decrease over time, however because it is both borrowed and returned, the total amount of energy present will not decrease, and therefore will always be the same. The rainforest...
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...Case Study Questions Why is Elemica described as an example of an industry consortia net marketplace? How does it differ from other types of net marketplaces like ChemConnect? Now the reason why Elemica is described as an example of an industry consortia net marketplace is because of the type of ownership. The reason is because Elemica is not a third party but it is owned by certain members of the industry. The reason why it differ from other types of net marketplaces like ChemConnect is because it’s goals are to provided long-term market place relationships to all their supply direct inputs when it comes to the manufacturing process. Now a difference with ChemConnect is that it’s privately owned by one person unlike Elemica. ChemConnect also has a third party firm. If you were the owner of a small chemical company, what concerns would you have about joining Elemica? If I was a owner of a small chemical company the concerns I would have about joining Elemica is mainly request. Since I would be a small company there are going to be buyers that are going to place large quantity orders which we don’t know how we are going to respond to it. Another thing is when joining a company one has to know how to use it and all of its system. Those would be some of my concerns for joining. Elemica claims to provide a community for participants in which they can transact, coordinate, and cooperate to produce products for less. Yet these firms also compete with one another when they sell...
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...Growth Realization Alternatives Distinguishing one's firm from the alternatives is a major concern for any business. Strategic analysis provides the starting point in the strategic management process organizations use to evaluate and choose the competitive advantages that distinguish them from other organizations within the market. Dominating businesses should also "choose among alternative grand strategies to guide the firm's activities, particularly when they are trying to decide about broadening the scope of the firm's activities beyond its core business (Robinson & Pearce, 2009)." What Companies Must Consider to Realize Growth Firms must consider many strategies when attempting to realize growth. Depending upon the stage of evolution the business is experiencing these strategies can change. Robinson and Pearce (2009) discuss in detail these stages and strategy changes in Chapter 8 of Strategic Management: Formulation, Implementation, & Control. Here, Kudler seems to be in the growth stage. The growth strategies "emphasize the strengths of brand recognition, product differentiation, and financial resources to support heavy marketing expenses and the effect on price competition (Robinson & Pearce, 2009)." Team C offers three of the strategies in this stage to create a competitive advantage for Kudler. Functional Area Introduction Growth Maturity Decline Marketing Resource/skills to create widespread awareness and find acceptance from customers; advantageous...
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...Organizational Behavior Forces Melissa Blanco University of Phoenix Mgt/307 Organizational Behavior and Group Dynamics Steve Rosales July 19, 2010 Every organization has a different mission and goals they need to accomplish. However, there are internal and external factors that can setback an organization from achieving those goals. “Internal factors are as under: a. habit b. motivation and interest c. learning d. organizational and specialization e. economic and social background and f. personality” (Universal Teacher, 2003). External factors are: “a. intensity b. size c. contrast d. repetition e. motion f. novelty and familiarity and g. situations” (Universal Teacher, 2003). Some examples of internal and external factors are: restructuring organizational mission, fiscal policies, competition, economy, customer demands, and globalization. In this paper I will describe our team’s organizations that range from hotels to education. One organization’s mission can be different of that of another organization. In Sylvia’s case, she works for the New Jersey transit. Her company’s mission is to provide a cost-efficient transit service for those who are traveling. Rose works for a hotel and their mission is to know guests and build great memories for their guests. I work for the same industry...
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...EXERCISE 14-3 (15–20 minutes) 1. | Divac Company: | | | | | | | | (a) | 1/1/10 | Cash | 300,000 | | | | | Bonds Payable | | 300,000 | | | | | | | | (b) | 7/1/10 | Interest Expense | | | | | | ($300,000 X 9% X 3/12) | 6,750 | | | | | Cash | | 6,750 | | | | | | | | (c) | 12/31/10 | Interest Expense | 6,750 | | | | | Interest Payable | | 6,750 | 2. | Verbitsky Company: | | | | | | | | (a) | 6/1/10 | Cash | 210,000 | | | | | Bonds Payable | | 200,000 | | | | Interest Expense | | | | | | ($200,000 X 12% X 5/12) | | 10,000 | | | | | | | | (b) | 7/1/10 | Interest Expense | 12,000 | | | | | Cash | | | | | | ($200,000 X 12% X 6/12) | | 12,000 | | (c) | 12/31/10 | Interest Expense | 12,000 | | | | | Interest Payable | | 12,000 | | | | | | | Note to instructor: Some students may credit Interest Payable on 6/1/10. If they do so, the entry on 7/1/10 will have a debit to Interest Payable for $10,000 and a debit to Interest Expense for $2,000. EXERCISE 14-6 (15–20 minutes) Schedule of Discount Amortization | Straight-Line Method | Year | | Cash Paid | | Interest Expense | | Discount Amortized | | Carrying Amount of Bonds | Jan. 1, 2010 | | | | | | | | $2,783,724.00 | Dec. 31, 2010 | | $300,000 | |...
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