Integrated Case 3-12 a. D’leon’s expansion did increase sales‚ however the companies net income‚ NWC and after-tax operating income suffered greatly at well‚ this is probably due to the huge increase in spending. b. The company’s expansion also restricted free cash flow greatly. c. Since the companies total liabilities almost tripled from 07-08 meaning one can assume they are indeed not paying their creditors/suppliers in a timely manner. d. Unfortunately operating costs are exceeding
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Problem Set I Complete and submit the following problem set: Lind Chapter 3: Exercises 60‚ 62‚ 68‚ 70‚ 72b. Exercise 60: Owens Orchards sells apples in a large bag by weight. A sample of seven bags contained the following numbers of apples: 23‚ 19‚ 26‚ 17‚ 21‚ 24‚ 22. a. Compute the mean number and median number of apples in a bag. 17 26 19 24 21 23 22 22 [pic]median 22 23 21 24 19 26 17 b. Verify that _(X _ ) _ 0 = 26 17 Verify that ∑(X-¯X) = 0 (26-22)
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ANSWER: 8-4 Trigonometry Express each ratio as a fraction and as a decimal to the nearest hundredth. 1. sin A 3. cos A SOLUTION: The cosine of an angle is defined as the ratio of the adjacent side to the hypotenuse. So‚ ANSWER: SOLUTION: The sine of an angle is defined as the ratio of the opposite side to the hypotenuse. So‚ 4. tan A ANSWER: 2. tan C SOLUTION: The tangent of an angle is defined as the ratio of the opposite side to the adjacent side. So‚ ANSWER: 3. cos A SOLUTION:
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Case Study 3 - Cash Budget SCHEDULE OF EXPECTED CASH COLLECTIONS FROM CUSTOMERS: Credit Sales August September July ($30‚000 x 40%) 12‚000 August ($24‚000 x 60%)‚ September ($24‚000 x 40%) 14‚400 9‚600 September ($18‚000 x 60%) 10‚800 Total Cash Collections 26‚400 20‚400 SCHEDULE FOR EXPECTED PAYMENTS FOR PURCHASE OF INVENTORY Inventory purchases August September July ($65‚000 x 50%) 32‚500 August ($45‚000 x 50%)
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The L-8 Blimp Blimps were used in World War Two to patrol enemy submarines. There were many airbases within the United States. The one from this mystery was located in Moffett Field‚ California. The airfield was located on Treasure Island on the San Francisco Bay. This particular airfield was used for patrolling the shore line of the pacific and for delivering supplies. Most people have not heard about the L-8‚ a fascinating real life mystery from World War Two that has gone unsolved for over
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Journal AC Responsibilities 3. ^ Sample Charter 4. ^ "Audit Committee Effectiveness: What Works Best-2nd Edition." Institute of Internal Auditors and Price Waterhouse. Altamonte Springs‚ FLA; 2000. 5. ^ Charan‚ Ram (2005). Boards That Deliver. Jossey Bass. ISBN 978-0787971397. 6. ^ a b KPMG AC Journey 2005-2006 7. ^ "Audit Committee Effectiveness: What Works Best-2nd Edition" Institute of Internal Auditors and Price Waterhouse. Altamonte Springs‚ FLA; 2000. 8. ^ KPMG AC Survey 2007 9. ^ KPMG
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cost-effective‚ reasonably swift option - No focus on infrequent shippers Competitive positioning (incl. price & cost) - 45% market share - Market leader - #3 player low price-wise - 25% market share - #2 player in market - #2 player low price-wise - 16% market share - #3 player in market - #1 player low price-wise (exhibit 8) Financial performance The OM
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1. Lab 8: Input Validation This lab accompanies Chapter 7 of Starting Out with Programming Logic & Design. Name: Devin Hill‚ Matt March‚ and John Meno Lab 8.1 – Input Validation The goal of this lab is to identify potential errors with algorithms and programs. Step 1: Imagine a program that calls for the user to enter a password of at least 8 alphanumeric characters. Identify at least two potential input errors. -Password contains a symbol -Password has less than 8 charecters Step 2:
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Case 6-3 Question 1: Westwood’s Gross Margin Percentage is calculated as (sales less cost of goods sold) as a percentage of net sales revenue. For Westwood it’s calculated as follows based on the financial statements (all in millions of dollars): 2010 Gross Margin: (2000-1100) = 900 2010 Sales Revenue = 2000 2010 Gross Margin Percentage = 45% 2009 Gross Margin: (1500 – 800) = 700 2009 Sales Revenue = 1500 2009 Gross Margin Percentage = 46.7% Westwood’s Pre-Tax Return on Sales
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ON PROPOSITION 8 Yes on Proposition 8 Communications 215 Yes on Proposition 8 Proposition 8 was a huge political issue for voters in California. I voted yes like 52% of California residents to preserve marriage between a woman and a man‚ and limit marriage to heterosexual couples (Farrell ‚ 2010). Proposition 8 campaign raised over 40 million to ensure Californians voted Yes on Proposition 8 (Khan‚ 2009). All citizens in California should vote Yes on Proposition 8 so that marriage
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