Q2. Explain from a marketing perspective why you would expect gross margin percentage, expense to sales ratio, net profit margin, inventory turnover, and asset turnover to be different for a grocery store chain versus a department store chain.

Calculations based on data from given case for Winn Dixie and Dillard: | Gross Profit Margin| Expense to sales ratio| Net Profit Margin| Inventory Turnover| Asset Turnover| Winn Dixie| 27.50%| 25.42%| 2.08%| 7.2525| 4.5267|

Gross profit margin:
[Gross Margin / Net Sales]
For a departmental store that sells, high margin products such as household item generate more margins compared to a grocery store where SKU’s are of low margin. This would explain why Dillard has a high Gross Profit margin. Expenses to sales ratio:

[Total Expenses/Net Sales]
It is natural for expenses to be higher for departmental stores. Owing to the additional sales force, dedicated personal for some products, the fixed costs are higher compared to a relatively self-serving grocery store.

Asset Turn Over:
[Net Sales/ Total Assets]
Department stores are usually larger than grocery stores. The facilities need to include larger retail space and expensive infrastructure to sell certain household items. Also handling the stock and inventory is much more difficult than assorting groceries. This might explain why Dillard huge assets compared to Winn Dixie. Hence the low asset turn over.

Inventory Turn Over:
[COGS/Inventory]
The same logic applies to department stores. Groceries operate on fresh food items which are usually sold without maintaining large inventory. However departmental stores need to maintain inventory to save on transaction costs and logistics.

Net Profit Margin:
This is an extension of the Gross profit margin explanation. Some SKU’s in departmental stores generate more margins than groceries. However the...

...Many nurses are weak with drug calculations of all sorts. This article will help to review the major concepts related to drug calculations, help walk you through a few exercises, and provide a few exercises you can perform on your own to check your skills. There are many reference books available to review basic math skills, if you find that you have difficulty with even the basic conversion exercises.
Common Conversions:
1 Liter = 1000 Milliliters
1 Gram = 1000 Milligrams
1 Milligram = 1000 Micrograms
1 Kilogram = 2.2 pounds
Methods of Calculation
Any of the following three methods can be used to perform drug calculations. Please review all three methods and select the one that works for you. It is important to practice the method that you prefer to become proficient in calculating drug dosages.
Remember: Before doing the calculation, convert units of measurement to one system.
I. Basic Formula: Frequently used to calculate drug dosages.
D (Desired dose)
H (Dose on hand)
V (Vehicle-tablet or liquid)
D
H
x V = Amount to Give
D = dose ordered or desired dose
H = dose on container label or dose on hand
V = form and amount in which drug comes (tablet, capsule, liquid)
Example:
Order-Dilantin 50 mg p.o. TID
Drug available-Dilantin 125 mg/5ml
D=50 mg
H=125 mg
V=5 ml
50
125
x 5 =
250
125
= 2 ml
II. Ratio & Proportion: Oldest method used in calculating dosage.
Known
...

...Grade Average Calculation
There are 3 grade averages: TGA, CGA and GGA.
TGA (Term Grade Average) is the combined grade average covering all courses taken in the term and
the session immediately following.
CGA (Cumulative Grade Average) is computed based on all the courses taken by the student which
are expected at the time of calculation to be applied towards the degree requirements in the current
program.
TGA & CGA =
Sum of (Course Credits x Course grade points)
Sum of Course Credits
GGA (Graduation Grade Average) is calculated at graduation from the courses that are presented for
the award of a degree. Courses taken in the first year of study are given a half-weight. Students who
enter the University with credit transfer of 10 credits or more are not eligible for this half-weight
concession.
Note:
a) Credits/grades that are omitted from grade average calculations
Transfer credits and courses graded AU, I, P, PP or W are omitted from the calculation of all three grade averages.
b) Calculation of ‘F’ grades
For failed courses which are repeated, the new grade obtained after repeating the course will replace the previous
F grade and course credits are only counted once in the calculation of CGA and GGA.
c) Uncleared ‘F’ Grades
For failed courses which are not repeated, the uncleared ‘F’ grades will be included in the CGA and GGA
calculations (the grade averages will be pulled...

...5-1 Earned Value Calculation
1.
PV-BCWS=$3607.14
EV-BCWP=$3593.34 (.98 x 3666.67) CPI x AC
AC-ACWP=$3666.67 (3593.34/.98) EV/CPI
2.
SV= -13.8 (3593.34 – 3607.14) EV – PV
CV=73.33 (3593.34 – 3666.67) EV – AC
SPI=1.0 (3593.34/3607.14) EV/PV
CPI=.98 (3593.34/3666.67) EV/AC
3.
According to these calculations, the schedule variance is running late and the cost variance did not run over. The SPI is 1.0 which means that it is running on schedule. The CPI is .98 which is over budget by .02%. I don’t feel that the project is too far off schedule which they should be able to celebrate.
Calculations:
6/7=86% complete
Budget
101000/4mth=25250
25250/7 tasks=3607.14 each task
Actual
88000/4mth=22000
22000/6 tasks=3666.67 each task
If 7th task was done
91666.67/4=22916.67
22916.67/3273.81 each task if complete 10% under budget
5-2 Earned Value Calculation
Activity Budget % Complete BCWP BCWS ACWP Cost Variance Schedule Variance CPI SPI
A $1,600.00 100% $1,600.00 $1,600.00 $1,800.00 -$200.00 $0.00 0.8888889 1
B $4,000.00 100% $4,000.00 $4,000.00 $4,500.00 -$500.00 $0.00 0.8888889 1
C $14,050.00 90% $12,645.00 $14,050.00 $13,500.00 -$1,035.00 -$1,405.00 0.9366667 0.9
D $5,800.00 10% $580.00 $2,900.00 $500.00 $80.00 -$2,320.00 1.16 0.2
E $12,000.00 0% $0.00 $2,400.00 $0.00 $0.00 -$2,400.00 0 0
F $5,200.00 0% $0.00 $0.00 $0.00 $0.00 $0.00 0 0
G $3,900.00 0% $0.00 $0.00 $0.00...

...Connection Development & Evaluation Centre
Prepared by: Alief Taufiqurrahman
Test Engineer
Dogleg Calculation Using strain DAQ
1 Purpose
To compare dogleg value between strain DAQ and theoretical results, during combine loading axial and bending. 2 Problem Statement Dogleg values between strain DAQ reading and theoretical results is not showing a good agreement during combine loading (i.e. Tension and Bending). The strain DAQ could not show the actual dogleg values, it shows the artificial and actual dogleg. Artificial dogleg occurred due to variation of material properties throughout the cross-section. 3 Method of Calculations 3.1 Strain DAQ V3 Uni-axial Strain method was used to calculate the dogleg, thus 4 uni-axial strain gauges were installed on each section of the specimen (total 2 sections). The setup will give 8 strain signals which eventually the strain DAQ software will calculate the dogleg values. However, the values indicate by the software is not the actual value due to variation of strain signal during tension (caused by variation of material properties on cross section). The dogleg values are shown on Figure 1. 3.2 Theoretical Values Theoretical results were obtained from the raw data generated by strain DAQ. The following formulae (see Annex E of strain DAQ manual for further detail) were used to calculate the dogleg values :
a) Determine the Bending Strain in the 0° plane for each section :
b) Determine the...

...CALCULATION
Before starting on any hydro power generation project it is important to survey the proposed site to calculate the amount of available hydro power.
The two important factors to consider are the flow and the head of the stream or river. The flow is the volume of water which can be captured and re-directed to turn the turbine generator, and the head is the distance the water will fall on its way to the generator. The larger the flow - i.e. the more water there is, and the higher the head - i.e. the higher the distance the water falls - the more energy is available for conversion to electricity. Double the flow and double the power, double the head and double the power again.
A low head site has a head of below 10 metres. In this case you need to have a good volume of water flow if you are to generate much electricity. A high head site has a head of above 20 metres. In this case you can get away with not having a large flow of water; because gravity will give what you have an energy boost.
The key equation to remember is the following:
Power = Head x Flow x Gravity
where; Power is measured in Watts
Head in metres
Flow in litres per second
Acceleration due to gravity in metres per second square
The acceleration due to gravity is approximately 9.81 metres per second per second - i.e. each second an object is falling, its speed increases by 9.81 metres per second (until it hits its terminal velocity).
Example:
Head = 36 m ; Flow = 40 l/s ;...

...Question 1
There is a time table about John:
DATE | ACTIVE | $ | PROPERTY |
01/03/1996 | Purchase | $100,000.00 | Burwood |
01/07/2011 | Purchase | $300,000.00 | Camberwell |
01/09/2011 | Declared this house to be his main residence | | Camberwell |
30/12/2011 | Post to New York, rent property | | Camberwell |
01/03/2012 | Sell | $175,000.00 | Burwood |
30/12/2016 | Back to Melbourne | | |
01/02/2017 | Sell | $500,000.00 | Camberwell |
The CGT consequences of these events must process as follow:
Property at Burwood
Step 1 - has he made a capital gain or loss?
Step 1. has he made a capital gain or loss? | BURWOOD | CAMBERWELL |
| | |
Question 1. | Has a CGT event happened to the taxpayer? | Disposals | [s104-A] | Disposals | [s104-A] |
Question 2. | Is the asset a CGT asset? | land and buildings | [s108-5] | land and buildings | [s108-5] |
Question 3. | Does an exception or exemption apply? | No* | [s 118-100] [s118-100] | Yes** | [s 118-100] [s118-100] |
Question 4. | Can there be a roll-over? | No | [s112-115] | No | [s112-115] |
* In this question, this property is not the main residence during the whole of the ownership period
**
Step 2 – work out amount of capital gain or loss
Step 1 - has he made a capital gain or loss?
Because the Burwood residence was John’s main residence and it had not been used for income- producing purposes, ITAA97 s118-140 allows John to treat both the Burwood...

...Review Questions
5.1 What is asset-liability management?
Asset/liability management is the coordinated management of the entire portfolio of a financial institution. It considers both the acquisition of funds from various sources and the allocation of funds to profitable investments. The traditional focus of ALM has been on net interest income. However, it also considers market values, via duration. Finally, simulations allow other aspects of risk management to be brought into the ALM process.
5.1 Given the following information:
Assets $ Rate Liabs & Equity $ Rate
RSA $3,000 10.0% RSL $2,000 8.0%
NonRSA 1,500 9.0 NonRSL 2,000 7.0
Nonearning500 Equity 1,000
$5,000 $5,000
a. Calculate the expected net interest income at current interest rates and assuming no change in the composition of the portfolio. What is the net interest margin?
b. Assuming that all interest rates rise by 1 percentage point, calculate the new expected net interest income and net interest margin.
a. Net interest income = $3,000 (.10) + $1,500 (.09) - $2,000 (.08) - $2,000 (.07)
= $435 - $300
= $135
Net interest margin = $135/$4,500 = 0.03 or 3.0%
c. Net interest income = $3,000(0.11) +$1,500(0.09) - $2,000(0.09) - $2,000 (.07)
= $145
Net interest margin = $145/$4,500 = 0.0322 = 3.22%
(Note only rate sensitive items are impacted by the change in interest rates)
5.2 Given the...