...Case Study 8 Based on the January through June 2010 cash budget, what is the maximum monthly loss during the six-month planning period? What is the maximum cumulative borrowing balance? (For purposes of this question, disregard any interest payments on short-term bank loans or interest received from investing surplus funds.) Maximum monthly loss is in June: -$60,750. The maximum cumulative borrowing balance is $99,000 in February. What does the monthly cash budget reveal that indicates it should probably be extended beyond the original six months’ horizon? The major cash shortfall in June and the seasonality inherent in the firm’s business indicate that a full year’s cash budget should be developed. The monthly cash budget assumes that cash flows occur simultaneously. This is not realistic, of course. Assume, more realistically, that cash outflows occur early in the month and cash inflows occur later in the month. What do you think would happen to the current cash budget’s predictive powers? (NOTE: This question should be answered without preparing a spreadsheet; it is a ‘thought’ question.) The monthly cash budget would understate the need for funds, since outflows would occur before inflows. If you identified any issues in #3 above, what do you think would resolve them? HINT: There is a specific answer I am expecting, short and sweet, and it is in the case study narrative. Use a daily cash budget to predict cash flows. The need for cash could...
Words: 972 - Pages: 4
...The Big Book of Huddle Energizers Ideas to enliven your huddle Contributed by employees of Citibank Singapore Table of Contents Service Value # 1 – Make Each Interaction Personal ................................................. 6 Energizer: Hebrew Numerology ................................................................................... 6 Energizer: Brain Teaser ............................................................................................... 9 Energizer: Human Treasure Hunt............................................................................... 10 Energizer: Secret Hat Trick ........................................................................................ 11 Energizer: Accentuate the Positive............................................................................. 11 Energizer: Name Game.............................................................................................. 11 Energizer: Heart to Heart ........................................................................................... 11 Energizer: Guess my Body Language ........................................................................ 11 Energizer: How to Say Hello in Different Languages ................................................. 12 Energizer: Good Morning Game ................................................................................ 12 Service Value # 2 – Maintain A Professional Image ...................................................
Words: 24325 - Pages: 98
...oldwitchcraft.com 3 INTRODUCTION The science of numerology can be traced back thousands of years. The Chinese, Japanese, Greek, Hebrews, Egyptians, Phoenicians, early Christians, Mayans, and Incas all used some form of numerology to gain a deeper understanding of themselves and the universe. Numerology is perhaps the easiest of the occult arts to understand and use. All you need is the birth date and the complete name of an individual to unlock all of the secrets that the numbers hold. (Most authorities agree that the full birth name as recorded on your birth certificate is the name that must be used for all calculations involving name.) There are eleven numbers used in constructing Numerology charts. These numbers are 1, 2, 3, 4, 5, 6, 7, 8, 9, 11, and 22. Larger numbers that occur from adding the numbers in the complete birth date or from the values assigned to each name are reduced by adding the digits together until the sum achieved is one of the core numbers. Merely add the components of the larger number together (repeatedly, if necessary) until a single digit (or the "master" numbers 11 or 22) results. Each of these numbers represents different characteristics and expressions. Master numbers are the only exception to rule of reducing to the single digit. The master numbers 11 and 22 are intensified versions of the single digit number they replace (2 and 4). These numbers suggest a potential for a high degree of learning and/or achievement very often in a more stressful environment...
Words: 10684 - Pages: 43
...Loan Amortization Solution for Case 8 Total amount borrow = $200,000 x 0.80 = $160,000 1) What is Evelyn and Paul’s monthly mortgage payment prior to the refinancing? PVA = W x 1 - 1 where PVA is the present value (1 + R)N W is the amount received each quarter R R is the interest rate N is the period 160,000 = W x 1 - 1 (1 + (0.0875/12)30x12 (0.0875/12) W = $1,258.720649 The monthly mortgage payment is $1,2580.72 2) During the first 5 years of owing their dream home, how much money has the couple paid towards the mortgage? What proportion of this has been applied toward interest? Payment towards the mortgage = $75,523.20 Interest payment = $68,625.53 3) Had the couple opted for the original 15-year mortgage proposal (15 year, 8%), how much higher would their monthly payment have been? $160,000 = W x 1 - 1 (1 + (0.08/12)15x12 (0.08/12) W = $1,529.04 4) Under the original 15-year, 8% mortgage option, how much total interest would have been paid over the life of the loan? How does this compare with the total interest that would be paid on the 30-year, 8.75% mortgage? Original 15-year 8% mortgage option, total interest = $115,228.35 The 30-year, 8.75%...
Words: 647 - Pages: 3
...Demo Speech November 2, 2010 Topic: Magic square personal yantra Specific Purpose Statement: By the end of my speech, my audience will know how to make their own personal yantra by way of a magic square. Thesis Statement: Knowing your personal yantra is an interesting way to gain insights of your character and life’s path. I. Introduction A. Attention- Getter: Who hasn’t wondered, what is the purpose of life? 1. Who hasn’t thought to themselves, what will my life be like in the future? 2. Will I be happy? 3. What about my family and friends? 4. Have you ever wondered if you will be rich. B. Reason to Listen: Well what if I told you, there was an easy way to answer some of life’s most interesting questions. 1. That simple mathematically equations can decipher your fate. 2. That there is a reason why you are who you are. 3. A way to obtain your ideals about love, money and career. C. Credibility Statement: The ancient tradition of creating numerical yantras has been around for 5 thousand years. 1. I found numerous resources concerning numerology. a. Including Richard Webster’s Numerology Magic , that I got from the library. b. There are also plenty of websites dedicated to numerology. 2. I personally have created many yantras for my friends and family. D. Personal yantras are not only fun to construct, but perhaps can give a person some insight on the purpose of their lives. E. Today, I am going...
Words: 1905 - Pages: 8
...Ashmar K. Austrie Organizational Behavior Case Study #8 – Did Toyota’s Culture Cause its Problems 1. Organization culture is “A system of shared meaning held by members that distinguishes the organization from other organizations” (Judge, 2011). Toyota’s ‘insular arrogant culture’, and the fact they were they makers of the faulty vehicles that had to be recalled was what caused them to be blamed for the unintended acceleration issue. According to the case: “Fortune argued: ‘Like GM before it Toyota has gotten smug. It believes the Toyota Way is the only Way.’ ” Additionally it states that, “Times reported, ‘A Toyota management team that had fallen in love with itself and become too insular to properly handle something like the current crisis.’ ” (Judge S. P., 2013) Insular arrogant culture means that management rarely took into consideration the feedback from the customers or employees and they were in denial of peril and risk and cling to its arrogance (calling it confidence) for as long as possible. 2. Reports indicate that investigations have shown that after stories of unintended acceleration are published reports of incidents increased for all automakers. This was so because automobile owners resorted to blaming the faults of vehicles on the automakers. Because it was publicized that Toyota was the cause of incidents, anytime something similar happened to drivers of even a different make of vehicle they blamed the maker. 3. It is possible to have a strong...
Words: 546 - Pages: 3
...8½ Produced by Angelo Rizzoli. Directed by Federico Fellini. Screenplay by Federico Fellini, Tullio Pinelli, Ennio Flaiano, Brunello Rondi. Viewers expecting to sit back, relax and switch off for a couple of hours - this film is not for you. A barrage of dream sequences interrupted by brief encounters with endless characters; this is a piece of shamelessly self indulgent psychoanalysis on Fellini's part. Of course, this is exactly what he intended. The main character is that of Guido (played by Fellini himself) a director unable to complete his latest film and loosely based on the identity of his own creator (Fellini). Fellini has been able to achieve the effect of mise en abyme not only through the dream sequences but also with this being an autobiographical piece. Viewers are intentionally lulled into the false belief that they are watching a film about Fellini, not the character Guido. Throughout, obvious references to the films chaos and irregularities are made by characters through their criticism of the unfinished, fictional film. When giving Guido notes on his film, one character calls it 'a chain of gratuitous episodes' which pretty much describes Fellini's 8½ to perfection. In another scene Guido is criticised for his obsession with depicting 'Italy's Catholic conscience' which is also a reoccurring motif of Fellini's. He plays this game with the viewer by highlighting the inadequacies of his own film through the criticism of the fictional one. An endless array...
Words: 1012 - Pages: 5
... TM Now wait for 45 seconds. 30 15 Let’s do it! 1. 6. - Click once when ready. seconds left 20 35 42 41 43 44 45 2 1 3 4 5 2. 3. 4. 5. - 7. That was 8. easy! 9. 10. © Tim Pettry, 2008 Take 45 seconds to memorize these new symbols for the numbers 1 – 10. X TM Write down as many of the new symbols as you can remember? Click when ready To check answers © Tim Pettry, 2008 TM Check your answers 1. 6. - 2. 3. 4. 5. © Tim Pettry, 2008 7. 8. 9. 10. - X Click to discuss when ready TM Click Discussion How many people got all 10 symbols correct? 9? 8? 7? 6? 5 and below? Were you distracted by the countdown on the left? Are there ever distractions when we are trying to learn? © Tim Pettry, 2008 TM Click Discussion continued Which symbols do most people get right? 1 – due to repetition 10 – Its different and it represents the Roman numeral “10” 5 – Its different 7 – Its similar to the number 7 Most people look for a pattern and have difficulty finding it in a short amount of time. We are looking at the pieces rather than the whole. This is sometimes referred to as “Silo Thinking” © Tim Pettry, 2008 TM Now, for you linear thinkers… Click 1 2 3 4 5 6 7 8 9 10 X...
Words: 696 - Pages: 3
...Alpine Village Clinic Cash Budgeting Gian Carlo Soller, Michael Chau, and Johnny Dao Background ● Located next to the primary ski area of Alpine Village ● Specializes in treating injuries from skiing, therefore, it is highly seasonal ● Owned by James Peterson & Amanda Cook ● Clinic has an outside accountant ● Dr. Cook does all the other financing ● Hired a part-time MBA student, Doug Washington ● Wants to purchase a new X-ray Machine Case Study ● Primary lender is First Bank ● Forecasted reduction in bank deposits ● Hence, funds available to make commercial loans ● Asked the clinic for an estimate of borrowing requirements for the first half of 2010. ● Dr. Cook is on vacation and asked Doug to prepare a cash budget ● Doug goes to Tony Sinay's Consulting Firm for help ● And we are more than happy to help! ● After all, we've learned from the best Alpine Village Clinic Billings Forecast Additional Info. on Budget Doug sent info. on volume and collections ● ● The clinic operates 7 days/week ● ● Daily billings: 20%, 20%, 60% collection based on monthly ● Lease payment is made on the 1st of the month Patient volume is more or less constant throughout the month, so the daily billings forecast will be 1/(Number of days in the month) multiplied by the billings forecast for that month Patient payments: early payers pay 30 days after billing, and late payers pay 60 days after billing. Additional Info. Cont. ● 50%...
Words: 1404 - Pages: 6
...Case 13-8 Accounting for a Loss Contingency for a Verdict Overturned on Appeal M International (“M”) and W Inc. (“W,” a competitor of M) have been engaged in longstanding litigation over a specific patent infringement matter. Below is a summary timeline of specific events that have taken place related to this matter: • • In May 2007, W filed a claim against M for patent infringement. For the year ended December 31, 2007, management of M determined that a loss for this matter was probable and represented that the estimate of loss was in the range of $15 million to $20 million, with $17 million being the most likely amount of loss within the range. A jury trial took place in September 2009. The jury reached a verdict on September 24, 2009, and a judgment was ordered in favor of W. The judgment required M to pay W $18.5 million. In November 2009, M filed a Notice of Appeal with the Court of Appeals. In December 2010, the Court of Appeals issued a ruling in favor of M’s appeal and reversed the lower court’s ruling on the matter. This meant that the Court of Appeals overturned the jury verdict and the $18.5 million judgment against M. On January 6, 2011, W filed a petition for a re-hearing before the same panel of appellate judges against the reversal of ruling by Court of Appeals. On February 10, 2011, the appellate judges declined the petition for a re-hearing. On February 28, 2011, management of M determined this matter was closed upon discussions with in-house legal counsel. ...
Words: 373 - Pages: 2
...CH 8 Case Assignment Saint Leo University Courtney Wrinkles-Hall 18 November 2012 You are an intelligent businessman with knowledgeable colleagues. I believe that the analysis is correct due to the simple fact that the investment in farmland will create profit in itself. There are a few factors beyond the surface that you must analyze as well. You must create value and capture value as your first sep to profit. Additionally, since you are aware that rivalries will come, you must find a way to diversify your production with superior assets. If your rivals can see your processes and copy them, profits will decrease. You may capture value if you discover a particular asset that allows for greater productivity that your rivals cannot copy. Since there is a limited amount of good farmland for producing corn, there is potential for a small group of large supplies. This will allow for the group (even if they are competitors) to increase profits. Typically these firms realize their mutual dependence and refrain from cutthroat competition. On the contrary there is potential for the buyers to be few and dictate prices and decrease profits. Last, since you are not a knowledgeable farmer, it will be imperative that you surround yourself with the most knowledgeable personnel. As you develop a unique teambuilding concept that increases productivity, this will set you apart and propel you into success. You should conduct your own analysis based off this information. If you believe...
Words: 288 - Pages: 2
...Case Study 8 specialist Victoria University ‘Butcher’ doesn’t cut it! Try the fresh food By Helen Madden-Hallett, Elg & Robinson are about as far away from the traditional butchers’ shop image as could be. Their produce includes not only the standard meat fare, but also a diversified offering of specialty meats, poultry, wine (as part of a loyalty program), spices, smallgoods (prepared on-site) and seafood. Their bouquet specialty meats, fish and poultry selections are prepared on the premises and are purchased by a burgeoning number of professional families with dual incomes living in the area. The marketing effort underpinning this innovative approach to retailing encompasses new product lines, modern promotions, competitive pricing and a close eye on location. The creative team behind the image is a partnership between Phillip Elg and Peter Robinson. Mr Robinson explains: ‘Phillip is the director for the company, Elg Developments; and although we are both employees, we have a partnership agreement.’ The company has focused on their store in Williamstown, which has 12 employees in total. Phillip was born and bred in Williamstown, and has had a long association with businesses in particular in the area. He built The Strand, a well-known local seafood eatery, 18 years ago. Phillip was offered the current site in the concourse directly opposite a Coles supermarket (and the conduit to one of the main carparks) because of his professional training as a butcher and his expertise...
Words: 2578 - Pages: 11
...Creating a Social Program HSM/240 Amanda Nelson Marilyn Gardner July 1, 2013 The social issue that “Striving for the Future”, plans to help correct is homelessness in America specifically East Tennessee. The individuals who are homeless are more often than others unable to acquire and maintain regular, safe, secure, and adequate housing. The legal definition of "homeless" varies from country to country, or among different entities or institutions in the same country or region. The term homeless may also include people whose primary night-time residence is in a homeless shelter, a warming center, a domestic violence shelter, cardboard boxes or other ad hoc housing situations. “An estimated 100 million people worldwide were homeless in 2005. In western countries, the large majority of homeless are men (75-80%), with single males particularly overrepresented. In the USA, LGBT people are over-represented among homeless youth, at 40%. Modern homelessness started as a result of economic stresses in society and reductions in the availability of affordable housing. In the United States, in the 1970s, the deinstitutionalization of patients from state psychiatric hospitals was a precipitating factor in urban areas. By the mid-1980s, there was also a dramatic increase in family homelessness. Tied into this were an increasing number of impoverished and runaway children, teenagers, and young adults, which created more street children or street youth. Most countries provide...
Words: 1967 - Pages: 8
...2014-2015 People’s Guide to HEALTH, WELFARE AND OTHER SERVICES SACRAMENTO COUNTY $ ? Introduction The People’s Guide is a practical self-advocacy information guide and directory on how to get food, income, jobs and training, housing, health and dental care, legal advice, and other important help from local, state and federal programs and community services in Sacramento County. We don’t need to tell you these are hard times! Foreclosures, high unemployment, homelessness on the rise and the city, county, state and federal budgets either eliminating or making deep cuts to most of the programs talked about in this guide. These cuts mean less help for lowincome individuals, families, seniors and homeless people to access the these life-saving programs. It means reduced benefits, fewer workers, tighter eligibility rules, long lines and longer waits. not only is a self-advocacy guide to these programs, but also gives you advice on what you can do if your are treated unfairly or do not receive what you are entitled to by law. The guide is dedicated to helping all people overcome barriers when they are trying to get help. Politicians often use the money for other things than education, health, welfare and social services. But, when the rich get richer and the poor get poorer, the gap has very bad effects on our entire society. You can help close that gap. You do not need to read the entire book; just find the topic in the table of contents. But, remember, that if you are eligible...
Words: 46387 - Pages: 186
...Case Study, 8 – 2 Easy to spread Introduction Using information provided in The Marketing Pathfinder textbook, research carried out via an internet search and a formal interview with Hatuma Lime marketing manager (see Appendix 1 and 2) this assignment will analysis Case 8 – 2 Easy to spread, including answering the questions below. The Purchasing Decision 1. What are factors that a farmer in Taranaki will take into account before purchasing Hatuma Dicalcic Phosphate? Marton Site Logistics 2. Outline the logistic decisions that Hatuma Lime needs to make to set up the Marton site? Building Brand Equity 3. What does management need to do to build the Hatuma Dicalcic Phosphate brand equity? 1 The Purchasing Decision Price Point The farm paddock can be likened to the engine room of the farm, opting not to fertilise for more than one or two years can cause significant damage to a paddock. In 2009 rising cost of fertiliser and decreasing farm income forced farmers to compare the benefit of fertilising paddocks or reducing stock numbers to maintain (Smith, 2009). Phosphate consumption has been steady in recent years at around 140,000 tonnes, indicating good sales for fertiliser companies (Fertiliser Matters, 2015). Hatuma Dicalcic Phosphate marketing manager Aaron Topp feels that high analysis fertilisers have out priced themselves. Dicalcic phosphate (DP) uses 50% less phosphate and is therefor cheaper to produce and purchase (personal communication, October...
Words: 1343 - Pages: 6
