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Respond  by providing feedback on each  colleague’s therapeutic approach based on a narrative family  therapeutic perspective. Support your feedback with evidence-based  literature and/or your own experiences with clients.

Main Post 

 

I am addressing the case of a family called X. The family has five members and the man recently lost his job after the organization he worked for closed in Atlanta. The man is also become alcoholic and violent due to the wrangles. The wife also reported episodes of domestic abuse in the local police department severally. On the other hand, the wife works in a store and her wages are hardly enough to pay the family bills. Due to their condition, the family moved to a cheaper house studio since they can no longer afford the rent.

In will uses a systematic therapeutic approach on the family. Systematic approach is ideal since it is a derivative of other models. The model has phase like social step, problem phase, Interaction, goal and task setting (Taylor, 2017). In the social stage, I will interact with each of the family members in regular activities. During the phase, I will inform the family members about the purpose of the therapy and the contributions in the exercise. The stage will also enable me to make observations about the interactions about the phase (Taylor, 2017). The problem stage I will pose a question to each of the members of the family to understand if the problems exist. In the next phase, the interactional stage allows the members to discuss problems like alcoholism and how to pay the bills (Shapiro, 2018).  I will use the interaction phase to understand some of the dynamics like the hierarchies, collaboration and the communication sequence. The goal-setting phase will involve highlighting the problems and what could be done. I will work with the family members to bring forward solutions to the problems. When the family is involved in decision making compliance is high (Shapiro, 2018).  I will also use the phrase to define the parameters of the study. Lastly, is the task setting stage- that will involve wrapping the session by making a decision (Shapiro, 2018). I will offer the solutions and homework to the family. The solutions will involve increasing communications in the family. Another solution is the man looking for a means of living that could sustain the family.

The systematic therapeutic Approach is efficient since it will replace gendered and stereotyped roles and behaviors that are flexible and offer deep breadth. The therapy will also involve a redistribution of power and providing an equitable balance while at the same time enhances communication between the family members.

However, the woman often exhibits social behavior. Antisocial behavior could alter a systematic therapeutic approach. The behavior typically limits their conversations.

 

References

Shapiro, F. (2018). Eye movement desensitization and reprocessing (EMDR) therapy. Basic Principles, Protocols, and Procedures, Ed2.

Taylor, D. (2017). Treating sexual trauma through couple’s therapy.

Page 261

BETHESDA MINING COMPANY

Bethesda Mining is a midsized coal mining company with 20 mines located in Ohio, Pennsylvania, West Virginia, and Kentucky. The company operates deep mines as well as strip mines. Most of the coal mined is sold under contract, with excess production sold on the spot market.

The coal mining industry, especially high-sulfur coal operations such as Bethesda, has been hard-hit by environmental regulations. Recently, however, a combination of increased demand for coal and new pollution reduction technologies has led to an improved market demand for high-sulfur coal. Bethesda has just been approached by Mid-Ohio Electric Company with a request to supply coal for its electric generators for the next four years. Bethesda Mining does not have enough excess capacity at its existing mines to guarantee the contract. The company is considering opening a strip mine in Ohio on 5,000 acres of land purchased 10 years ago for $5.4 million. Based on a recent appraisal, the company feels it could receive $7.3 million on an aftertax basis if it sold the land today.

Strip mining is a process where the layers of topsoil above a coal vein are removed and the exposed coal is removed. Some time ago, the company would simply remove the coal and leave the land in an unusable condition. Changes in mining regulations now force a company to reclaim the land; that is, when the mining is completed, the land must be restored to near its original condition. The land can then be used for other purposes. As they are currently operating at full capacity, Bethesda will need to purchase additional equipment, which will cost $43 million. The equipment will be depreciated on a seven-year MACRS schedule. The contract only runs for four years. At that time the coal from the site will be entirely mined. The company feels that the equipment can be sold for 60 percent of its initial purchase price. However, Bethesda plans to open another strip mine at that time and will use the equipment at the new mine.

The contract calls for the delivery of 500,000 tons of coal per year at a price of $60 per ton. Bethesda Mining feels that coal production will be 750,000 tons, 810,000 tons, 830,000 tons, and 720,000 tons, respectively, over the next four years. The excess production will be sold in the spot market at an average of $48 per ton, Variable costs amount to $21 per ton and fixed costs are $3.7 million per year. The mine will require a net working capital investment of 5 percent of sales. The NWC will be built up in the year prior to the sales.

Bethesda will be responsible for reclaiming the land at termination of the mining. This will occur in Year 5. The company uses an outside company for reclamation of all the company’s strip mines. It is estimated the cost of reclamation will be $3.9 million. After the land is reclaimed, the company plans to donate the land to the state for use as a public park and recreation area as a condition to receive the necessary mining permits. This will occur in Year 5 and result in a charitable expense deduction of $7.3 million. Bethesda faces a 38 percent tax rate and has a 12 percent required return on new strip mine projects. Assume a loss in any year will result in a tax credit.

You have been approached by the president of the company with a request to analyze the project. Calculate the payback period Should Bethesda Mining take the contract and open the mine?

Calculate Payback period with explanation of answer and impact on decision ?

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Part 1: Project Integration Management You work for We Are Big, Inc., an international firm with more than 100,000 employees in several countries. A strategic goal is to help improve the environment while increasing revenues and reducing costs. The Environmental Technologies Program just started, and the VP of Operations, Natalie, is the program sponsor. Ito is the program manager, and there is a steering committee made up of 10 senior executives, including Natalie, who oversees the program. Several projects operate within this program, including the Green Computing Research Project. The CIO and project sponsor, Ben, has given this project high priority and plans to hold special interviews to hand-pick the project manager and team. Ben is also a member of the program steering committee. Before coming to We Are Big, Ben sponsored a project at a large computer firm to improve data center efficiency. This project, however, is much broader. The main purpose of the Green Computing Research Project is to research possible applications of green computing, including the following:

 Data center and overall energy efficiency

 Disposal of electronic waste and recycling

 Telecommuting

 Virtualization of server resources

 Thin client solutions

 Use of open source software

 Development of new software to address green computing for internal use and potential sale to other organizations

The budget for the project is $500,000, and the goal is to provide an extensive report, including detailed financial analysis and recommendations for which green computing technologies to implement. Official project request forms for the recommended solutions will also be created as part of the project. Ben decided to have five people working full-time on this six-month project and to call on people in other areas as needed. He wanted to be personally involved in selecting the project manager and to have that person help him select the rest of the project team. Ben wanted to find people already working inside the company, but he was also open to reviewing applications for potential new employees to work specifically on his project as long as they could start quickly. Because many good people were located in different parts of the world, Ben thought it made sense to select the best people he could find and allow them to work virtually on the project. Ben also wanted the project manager to do more than just manage the project. The project manager would also do some of the research, writing, and editing required to produce the desired results. Ben was also open to paying expert consultants for their advice and to purchasing books and related articles as needed.

The rest of the project is in the pdf down below. Task 1-5 need to be completed. Final submission should include an APA formatted cover page and references page. Thank you for your help in advanced.

  • attachment

    20180206001834green_computing_case_study.pdf

Q1) Master Budget with Supporting Schedules

Knockoffs Unlimited, a nationwide distributor of low-cost imitation designer necklaces, has an exclusive franchise on the distribution of the necklaces, and sales have grown so rapidly over the past few years that it has become necessary to add new members to the management team. To date, the company’s budgeting practices have been inferior, and, at times, the company has experienced a cash shortage. You have been given responsibility for all planning and budgeting. Your first assignment is to prepare a master budget for the next three months, starting April 1.

You are anxious to make a favourable impression on the president and have assembled the information below.

 

The necklaces are sold to retailers for $10 each. Recent and forecasted sales in units are as follows:

 

 

January

(actual)

22,000   June  54,000

February

(actual)

30,000   July  34,000

March (actual)  43,000   August  32,000

April  69,000   September  29,000

May  103,000

 

 

The large buildup in sales before and during May is due to Mother’s Day. Ending

inventories should be equal to 40% of the next month’s sales in units.

The necklaces cost the company $4 each. Purchases are paid for as follows: 50% in the month of purchase and the remaining 50% in the following month. All sales are on credit, with no discount, and payable within 15 days. The company has found, however, that only 20% of a month’s sales are collected by month-end. An additional 70% is collected in the following month, and the remaining 10% is collected in the second month following sale. Bad debts have been negligible.

The company’s monthly selling and administrative expenses are given below:

 

 

Variable:

Sales commissions    4 % of sales

Fixed:

Advertising  $ 212,000

Rent    20,000

Wages and salaries    110,800

Utilities    8,600

Insurance    3,800

Depreciation    18,000

 

 

All selling and administrative expenses are paid during the month, in cash, with the exception of depreciation and insurance. Insurance is paid on an annual basis, in November of each year. The company plans to purchase $17,600 in new equipment during May and $44,000 in new equipment during June; both purchases will be paid in cash. The company declares dividends of $15,800 each quarter, payable in the first month of the following quarter. The company’s balance sheet at March 31 is given below:

 

 

 

 

Assets

Cash  $  78,000

Accounts receivable ($30,000 February sales;

$344,000 March sales)

 

374,000

 

Inventory     110,400

Prepaid insurance     26,600

Fixed assets, net of depreciation     970,000

 

 

 

 

 

 

 

Total assets  $ 1,559,000

 

 

 

 

 

 

 

 

 

 

Liabilities and Shareholders’ Equity

Accounts payable  $  106,800

Dividends payable     15,800

Common shares     840,000

Retained earnings     596,400

 

 

 

 

 

 

 

Total liabilities and shareholders’ equity  $ 1,559,000

 

 

 

 

 

 

 

 

 

 

 

 

 

The company wants a minimum ending cash balance each month of $50,000. All borrowing is done at the

beginning of the month, with any repayments made at the end of the month. The interest rate on these loans is 1%

per month and must be paid at the end of each month based on the outstanding loan balance for that month.

 

Required:

Prepare a master budget for the three-month period ending June 30. Include the following detailed budgets:

1.

a.  A sales budget by month and in total.

b.  A schedule of expected cash collections from sales, by month and in total.

c.

A merchandise purchases budget in units and in dollars. Show the budget by month and in total.

d.

A schedule of expected cash disbursements for merchandise purchases, by month and in total.

2. A budgeted income statement for the three-month period ending June 30. Use the variable costing approach.

 

 

Q2) FLEXIBLE BUDGET

 

 

 

(Indicate each variance as “F” for favourable or “U” for unfavourable).

Q3) Material and Labour Variances

The direct materials and direct labour standards for one bottle of Clean-All spray cleaner are given below:

 

 

Standard

Quantity

or Hours

Standard Price

or Rate

Standard

Cost

Direct materials  5.0  millilitres $ 0.30

per

millilitre

$1.50

Direct labour  0.4  hours  $12.00   per hour  $4.80

 

 

 

During the most recent month, the following activity was recorded:

a.  28,000 millilitres of material was purchased at a cost of $0.25 per millilitre.

b.  All of the material was used to produce 3,000 bottles of Clean-All.

c.  675 hours of direct labour time was recorded at a total labour cost of $8,100.

 

Required:

1. Compute the direct materials price and quantity variances for the month.

2. Compute the direct labour rate and efficiency variances for the month.

 

(Indicate each variance as “F” for favourable or “U” for unfavourable).

 

 

1. The ability to meet humanity’s needs without harming future generations is now a top priority in most corporate agenda

ethics

rules

sustainability

righteousness

2. This is a historically popular technique through which managers create a quick overview of a company’s strategic situation—it is based on achieving a sound fit between internal resources and the external situation.

External analysis

Value chain analysis

Internal analysis

SWOT analysis

3. New-to-the-world products are ________.

new products that create an entirely new market

existing products that are targeted to new geographical markets

low-cost products designed to obtain an edge in highly competitive markets

new product enhancements that supplement established products

4. Prestige LLC, a small company that manufactures specialty cereals and energy bars, wants to launch a “green marketing” program in response to heightened consumer awareness about environmental issues. What should the company do to maximize the program’s chances of being successful?

Demonstrate that the products will benefit both customers and the society in the long-term.

Focus on the efforts and costs incurred by the company to bring these “green” products to consumers.

Emphasize benefits to the consumer rather than environmental benefits.

Explain the rules and regulations laid out by governmental agencies to protect the environment.

5. BMW’s “The ultimate driving machine,” American Express’ “Don’t leave home without it,” New York Times’ “All the news that’s fit to print,” and AT&T’s “Reach out and touch someone” are all examples of ________.

brand personality

brand slogan

brand vision

brand mission

6. A company that attempts to lead its industry in price and convenience by pursuing a focus on lean and efficient operations is pursuing what strategy?

Product leadership

Operational excellence

Customer intimacy

Low-cost leadership

7. This is an important structural decision and resultant separate activities need to be coordinated and integrated back together as a whole so the business functions effectively.

Preferencing

Differentiation

Diversification

Broadening

8. Marketers need to identify the hierarchy of attributes that guide consumer decision making in order to understand different competitive forces and how these various sets get formed. This process of identifying the hierarchy is called ________.

market valuation

market partitioning

brand association

market estimation

9. When performing this analysis, it is good for strategic planners to consider similarities between the benefits the customers derive from the products and services that other firms offer.

Company analysis

Customer analysis

Competitive analysis

Business analysis

10. Leaders galvanize commitment to embrace change through clarifying strategic intent, building an organization, and

shaping organizational culture

developing a mission

developing a vision

planning strategy

11. Large-scale, future-oriented plans for interacting with the competitive environment to achieve the company objective refers to its

goals

strategy

competitive analysis

dynamic policies

12. Under which of the following conditions is the frequency the most important factor in media selection?

When there is high consumer resistance to the product

When going into undefined target markets

When introducing flanker brands

When launching infrequently purchased brands

13. Which component of a marketing audit includes major developments in income, prices, savings, and credit that affect the company?

Economic

Cultural

Political

Technological

14. This is designed to check systematically and continuously whether the premises on which the strategy is based are still valid

Strategic surveillance

Premise control

Implementation control

Special alert control

15. With ________ as a target market strategy, the firm concentrates on serving many needs of a particular customer group.

product specialization

selective specialization

single-segment concentration

market specialization

16. What is the perceived monetary value of the bundle of economic, functional, and psychological benefits customers expect from a given market offering because of the product, service, people, and image?

Complete marketing benefit

Ultimate service benefit

Total customer benefit

Total management benefit

17. These social responsibilities are those that are voluntarily assumed by a business or organization. They include public relations activities, good citizenship, and full corporate social responsibility.

Economic responsibility

Employee responsibility

Legal responsibility

Discretionary responsibility

18. When diversification involves additions of a business related to the firm in terms of technology, markets or products, it involves

concentrated growth

vertical diversification

concentric diversification

horizontal integration

19. One of the ways to change the course of a brand is to modify the product. Under product modification, ________ adds size, weight, materials, supplements, and accessories that expand the product’s performance, versatility, safety, or convenience.

feature improvement

style improvement

technological improvement

quality improvement

20. Firms using this generic strategy attempt to build customer loyalty by stressing a specific product attribute above other product qualities.

Differentiation

Focus

Cost leadership

Concentrated growth

21. A set of ideas on organizational control based on the belief that the separation of the ownership from management creates the potential for the wishes of owners to be ignored refers to

Adam’s theory

the moral hazard problem

agency theory

ethical responsibilities

22. A firm must know where to position its product based on price and

Quality

region

communication

promotional efforts

23. A valuable result of task environment analysis with respect to geographic, demographic, psychographic and buyer-behavior factors is called

vendor profile

financial position

competitor profile

customer profile

24. Which control should periodically reassess its approach to the marketplace with a good marketing audit?

Ethical control

Performance control

Marketing control

Strategic control

25. The strategic factor that involves the beliefs, values, attitudes, opinions, and lifestyles of persons in the firm’s external environment, as developed from cultural, ecological, demographic, religious, educational, and ethnic conditioning.

Social factor

Stakeholder factor

Political factor

Economic factor

26. A company can learn a great deal by analyzing the degrees of brand loyalty. For example, ________ can show the firm which brands are most competitive with its own.

switchers

shifting loyals

hard-core loyals

split loyals

27. How do functional tactics compare to business strategies?

Functional tactics are more focused on the general direction of the firm than business strategies.

Functional tactics are more long-term than business strategies.

Functional tactics are more focused on a commitment to corporate strategy than business strategies.

Functional tactics are more specific than business strategies.

28. Company X’s principal strength is its inbound and outbound logistics system; its relative weakness, however, is after-sales service. Its competitor, Company Y, however is often plagued with lagging shipments and an inflexible distribution setup. Company Y remains successful because it maintains a fully staffed service department and, as a result, the company is known for its dependable service. This type of analysis allows them to identify ways to build on relative strengths and avoid dependence on capabilities at which the other firm excels.

Industry comparison

Past performance comparison

Benchmarking

Disaggregating

29. The marketing manager needs to know the cost of the research project before approving it. During which stage of the marketing research process would such a consideration most likely take place?

Step 1 – defining the problem

Step 4 – analyzing the information

Step 5 – drafting the report

Step 2 – developing the research plan

30. What type of strategy consists of geographical pricing, price discounts and allowances, promotional pricing, and differentiated pricing?

Fixed pricing

Altered pricing

Regular prices

Price adaptation

 

Chapter 4: I have 15 question to do for homework, however, I’m a little confuse with these 2 question, can someone help me please? The following information for Decher Automotives covers the year ended 2012: Administrative expense ………………………………. $ 62,000 Dividend income ……………………………………… 10,000 Income taxes ………………………………………….. 100,000 Interest expense ………………………………………. 20,000 Merchandise inventory, 1/1 …………………………… 650,000 Merchandise inventory, 12/31 …………………………. 440,000 Flood loss (net of tax) ………………………………….. 30,000 Purchases ……………………………………………….. 460,000 Sales ……………………………………………………. 1,000,000 Selling expenses ………………………………………… 43,000 Required a. Prepare a multiple-step income statement. b. Assuming that 100,000 shares of common stock are outstanding, calculate the earnings per share before extraordinary items and the net earnings per share. c. Prepare a single-step income statement. Chapter 7: 7-1 Consider the following operating figures Net sales………………………………….$1,079,143 Cost and deductions: Cost of sales…………………………$792,755 Selling and administration…… …$264,566 Interest expense, net….. ……….. 5,059 1,066,691 $12,452 P 7-4 Kaufman Company’s balance sheet follows. Assets Current assets Cash $ 13,445 Short-term investments—at cost (approximate market) 5,239 Trade accounts receivable, less allowance of $1,590 88,337 Inventories—at lower of cost (average method) or market: Finished merchandise 113,879 Work in process, raw materials, and supplies 47,036 160,915 Prepaid expenses 8,221 Total current assets 276,157 Other assets: Receivables, advances, and other assets 4,473 Intangibles 2,324 Total other assets 6,797 Property, plant, and equipment: Land 5,981 Buildings 78,908 Machinery and equipment 162,425 247,314 Less allowances for depreciation 106,067 Net property, plant, and equipment 141,247 Total assets $424,201 Liabilities and Shareholders’ Equity Current liabilities: Notes payable $ 2,817 Trade accounts payable 23,720 Pension, interest, and other accruals 33,219 Taxes, other than income taxes 4,736 Income taxes 3,409 Total current liabilities 67,901 Long-term debt, 12% debentures 86,235 Deferred income taxes 8,768 Minority interest in subsidiaries 12,075 Total liabilities 174,979 Stockholders’ equity: Serial preferred 9,154 Common $5.25 par value 33,540 Additional paid-in capital 3,506 Retained earnings 203,712 249,912 Less cost of common shares in treasury 690 Total shareholders’ equity 249,222 Total liabilities and shareholders’ equity $424,201 Required a. Compute the debt ratio. b. Compute the debt/equity ratio. c. Compute the ratio of total debt to tangible net worth. d. Comment on the amount of debt that Kaufman Company has Chapter 9 P 9-1 McDonald Company shows the following condensed income statement information for the current year: Revenue from sales….. ………………..$ 3,500,000 Cost of products sold …………………..(1,700,000) Gross profit………………………………. 1,800,000 Operating expenses: Selling expenses…… …………………..$ 425,000 General expenses….. ………………..350,000 (775,000) Operating income….. ………………………1,025,000 Other income……. …………………………..20,000 Interest…… ………………………………….(70,000) Operating income before income tax……es 975,000 Taxes related to operations………………… (335,000) Income from operations…………………….. 640,000 Extraordinary loss (less applicable income taxes o…….f …………………………….$40,000) (80,000) Income before noncontrolling interest….. 560,000 Noncontrolling interest (loss)…….. ………(50,000) Net income ……………………………….$ 510,000 Required Calculate the degree of financial leverage. P9-4 The following data relate to Edger Company: 2011 2010 2009 Earnings per share $ 2.30 $ 3.40 2008 $ 4.54 Dividends per share $ 1.90 $ 1.90 $ 1.90 Market price, end of year $ 41.25 $ 35.00 $ 29.00 Net income $ 9,100,000 $ 13,300,000 $ 16,500,000 Total cash dividends $ 6,080,000 $ 5,900,000 $ 6,050,000 Order backlog at year-end $5,490,800,000 $4,150,200,000 $3,700,100,000 Net contracts awarded $2,650,700,000 $1,800,450,000 $3,700,100,000 Note: The stock was selling

Chapter 4: I have 15 question to do for homework, however, I’m a little confuse with these 2 question, can someone help me please? The following information for Decher Automotives covers the year ended 2012: Administrative expense ………………………………. $ 62,000 Dividend income ……………………………………… 10,000 Income taxes ………………………………………….. 100,000 Interest expense ………………………………………. 20,000 Merchandise inventory, 1/1 …………………………… 650,000 Merchandise inventory, 12/31 …………………………. 440,000 Flood loss (net of tax) ………………………………….. 30,000 Purchases ……………………………………………….. 460,000 Sales ……………………………………………………. 1,000,000 Selling expenses ………………………………………… 43,000 Required a. Prepare a multiple-step income statement. b. Assuming that 100,000 shares of common stock are outstanding, calculate the earnings per share before extraordinary items and the net earnings per share. c. Prepare a single-step income statement. Chapter 7: 7-1 Consider the following operating figures Net sales………………………………….$1,079,143 Cost and deductions: Cost of sales…………………………$792,755 Selling and administration…… …$264,566 Interest expense, net….. ……….. 5,059 1,066,691 $12,452 P 7-4 Kaufman Company’s balance sheet follows. Assets Current assets Cash $ 13,445 Short-term investments—at cost (approximate market) 5,239 Trade accounts receivable, less allowance of $1,590 88,337 Inventories—at lower of cost (average method) or market: Finished merchandise 113,879 Work in process, raw materials, and supplies 47,036 160,915 Prepaid expenses 8,221 Total current assets 276,157 Other assets: Receivables, advances, and other assets 4,473 Intangibles 2,324 Total other assets 6,797 Property, plant, and equipment: Land 5,981 Buildings 78,908 Machinery and equipment 162,425 247,314 Less allowances for depreciation 106,067 Net property, plant, and equipment 141,247 Total assets $424,201 Liabilities and Shareholders’ Equity Current liabilities: Notes payable $ 2,817 Trade accounts payable 23,720 Pension, interest, and other accruals 33,219 Taxes, other than income taxes 4,736 Income taxes 3,409 Total current liabilities 67,901 Long-term debt, 12% debentures 86,235 Deferred income taxes 8,768 Minority interest in subsidiaries 12,075 Total liabilities 174,979 Stockholders’ equity: Serial preferred 9,154 Common $5.25 par value 33,540 Additional paid-in capital 3,506 Retained earnings 203,712 249,912 Less cost of common shares in treasury 690 Total shareholders’ equity 249,222 Total liabilities and shareholders’ equity $424,201 Required a. Compute the debt ratio. b. Compute the debt/equity ratio. c. Compute the ratio of total debt to tangible net worth. d. Comment on the amount of debt that Kaufman Company has Chapter 9 P 9-1 McDonald Company shows the following condensed income statement information for the current year: Revenue from sales….. ………………..$ 3,500,000 Cost of products sold …………………..(1,700,000) Gross profit………………………………. 1,800,000 Operating expenses: Selling expenses…… …………………..$ 425,000 General expenses….. ………………..350,000 (775,000) Operating income….. ………………………1,025,000 Other income……. …………………………..20,000 Interest…… ………………………………….(70,000) Operating income before income tax……es 975,000 Taxes related to operations………………… (335,000) Income from operations…………………….. 640,000 Extraordinary loss (less applicable income taxes o…….f …………………………….$40,000) (80,000) Income before noncontrolling interest….. 560,000 Noncontrolling interest (loss)…….. ………(50,000) Net income ……………………………….$ 510,000 Required Calculate the degree of financial leverage. P9-4 The following data relate to Edger Company: 2011 2010 2009 Earnings per share $ 2.30 $ 3.40 2008 $ 4.54 Dividends per share $ 1.90 $ 1.90 $ 1.90 Market price, end of year $ 41.25 $ 35.00 $ 29.00 Net income $ 9,100,000 $ 13,300,000 $ 16,500,000 Total cash dividends $ 6,080,000 $ 5,900,000 $ 6,050,000 Order backlog at year-end $5,490,800,000 $4,150,200,000 $3,700,100,000 Net contracts awarded $2,650,700,000 $1,800,450,000 $3,700,100,000 Note: The stock was selling

Chapter 4: I have 15 question to do for homework, however, I’m a little confuse with these 2 question, can someone help me please? The following information for Decher Automotives covers the year ended 2012: Administrative expense ………………………………. $ 62,000 Dividend income ……………………………………… 10,000 Income taxes ………………………………………….. 100,000 Interest expense ………………………………………. 20,000 Merchandise inventory, 1/1 …………………………… 650,000 Merchandise inventory, 12/31 …………………………. 440,000 Flood loss (net of tax) ………………………………….. 30,000 Purchases ……………………………………………….. 460,000 Sales ……………………………………………………. 1,000,000 Selling expenses ………………………………………… 43,000 Required a. Prepare a multiple-step income statement. b. Assuming that 100,000 shares of common stock are outstanding, calculate the earnings per share before extraordinary items and the net earnings per share. c. Prepare a single-step income statement. Chapter 7: 7-1 Consider the following operating figures Net sales………………………………….$1,079,143 Cost and deductions: Cost of sales…………………………$792,755 Selling and administration…… …$264,566 Interest expense, net….. ……….. 5,059 1,066,691 $12,452 P 7-4 Kaufman Company’s balance sheet follows. Assets Current assets Cash $ 13,445 Short-term investments—at cost (approximate market) 5,239 Trade accounts receivable, less allowance of $1,590 88,337 Inventories—at lower of cost (average method) or market: Finished merchandise 113,879 Work in process, raw materials, and supplies 47,036 160,915 Prepaid expenses 8,221 Total current assets 276,157 Other assets: Receivables, advances, and other assets 4,473 Intangibles 2,324 Total other assets 6,797 Property, plant, and equipment: Land 5,981 Buildings 78,908 Machinery and equipment 162,425 247,314 Less allowances for depreciation 106,067 Net property, plant, and equipment 141,247 Total assets $424,201 Liabilities and Shareholders’ Equity Current liabilities: Notes payable $ 2,817 Trade accounts payable 23,720 Pension, interest, and other accruals 33,219 Taxes, other than income taxes 4,736 Income taxes 3,409 Total current liabilities 67,901 Long-term debt, 12% debentures 86,235 Deferred income taxes 8,768 Minority interest in subsidiaries 12,075 Total liabilities 174,979 Stockholders’ equity: Serial preferred 9,154 Common $5.25 par value 33,540 Additional paid-in capital 3,506 Retained earnings 203,712 249,912 Less cost of common shares in treasury 690 Total shareholders’ equity 249,222 Total liabilities and shareholders’ equity $424,201 Required a. Compute the debt ratio. b. Compute the debt/equity ratio. c. Compute the ratio of total debt to tangible net worth. d. Comment on the amount of debt that Kaufman Company has Chapter 9 P 9-1 McDonald Company shows the following condensed income statement information for the current year: Revenue from sales….. ………………..$ 3,500,000 Cost of products sold …………………..(1,700,000) Gross profit………………………………. 1,800,000 Operating expenses: Selling expenses…… …………………..$ 425,000 General expenses….. ………………..350,000 (775,000) Operating income….. ………………………1,025,000 Other income……. …………………………..20,000 Interest…… ………………………………….(70,000) Operating income before income tax……es 975,000 Taxes related to operations………………… (335,000) Income from operations…………………….. 640,000 Extraordinary loss (less applicable income taxes o…….f …………………………….$40,000) (80,000) Income before noncontrolling interest….. 560,000 Noncontrolling interest (loss)…….. ………(50,000) Net income ……………………………….$ 510,000 Required Calculate the degree of financial leverage. P9-4 The following data relate to Edger Company: 2011 2010 2009 Earnings per share $ 2.30 $ 3.40 2008 $ 4.54 Dividends per share $ 1.90 $ 1.90 $ 1.90 Market price, end of year $ 41.25 $ 35.00 $ 29.00 Net income $ 9,100,000 $ 13,300,000 $ 16,500,000 Total cash dividends $ 6,080,000 $ 5,900,000 $ 6,050,000 Order backlog at year-end $5,490,800,000 $4,150,200,000 $3,700,100,000 Net contracts awarded $2,650,700,000 $1,800,450,000 $3,700,100,000 Note: The stock was selling

Chapter 4: I have 15 question to do for homework, however, I’m a little confuse with these 2 question, can someone help me please? The following information for Decher Automotives covers the year ended 2012: Administrative expense ………………………………. $ 62,000 Dividend income ……………………………………… 10,000 Income taxes ………………………………………….. 100,000 Interest expense ………………………………………. 20,000 Merchandise inventory, 1/1 …………………………… 650,000 Merchandise inventory, 12/31 …………………………. 440,000 Flood loss (net of tax) ………………………………….. 30,000 Purchases ……………………………………………….. 460,000 Sales ……………………………………………………. 1,000,000 Selling expenses ………………………………………… 43,000 Required a. Prepare a multiple-step income statement. b. Assuming that 100,000 shares of common stock are outstanding, calculate the earnings per share before extraordinary items and the net earnings per share. c. Prepare a single-step income statement. Chapter 7: 7-1 Consider the following operating figures Net sales………………………………….$1,079,143 Cost and deductions: Cost of sales…………………………$792,755 Selling and administration…… …$264,566 Interest expense, net….. ……….. 5,059 1,066,691 $12,452 P 7-4 Kaufman Company’s balance sheet follows. Assets Current assets Cash $ 13,445 Short-term investments—at cost (approximate market) 5,239 Trade accounts receivable, less allowance of $1,590 88,337 Inventories—at lower of cost (average method) or market: Finished merchandise 113,879 Work in process, raw materials, and supplies 47,036 160,915 Prepaid expenses 8,221 Total current assets 276,157 Other assets: Receivables, advances, and other assets 4,473 Intangibles 2,324 Total other assets 6,797 Property, plant, and equipment: Land 5,981 Buildings 78,908 Machinery and equipment 162,425 247,314 Less allowances for depreciation 106,067 Net property, plant, and equipment 141,247 Total assets $424,201 Liabilities and Shareholders’ Equity Current liabilities: Notes payable $ 2,817 Trade accounts payable 23,720 Pension, interest, and other accruals 33,219 Taxes, other than income taxes 4,736 Income taxes 3,409 Total current liabilities 67,901 Long-term debt, 12% debentures 86,235 Deferred income taxes 8,768 Minority interest in subsidiaries 12,075 Total liabilities 174,979 Stockholders’ equity: Serial preferred 9,154 Common $5.25 par value 33,540 Additional paid-in capital 3,506 Retained earnings 203,712 249,912 Less cost of common shares in treasury 690 Total shareholders’ equity 249,222 Total liabilities and shareholders’ equity $424,201 Required a. Compute the debt ratio. b. Compute the debt/equity ratio. c. Compute the ratio of total debt to tangible net worth. d. Comment on the amount of debt that Kaufman Company has Chapter 9 P 9-1 McDonald Company shows the following condensed income statement information for the current year: Revenue from sales….. ………………..$ 3,500,000 Cost of products sold …………………..(1,700,000) Gross profit………………………………. 1,800,000 Operating expenses: Selling expenses…… …………………..$ 425,000 General expenses….. ………………..350,000 (775,000) Operating income….. ………………………1,025,000 Other income……. …………………………..20,000 Interest…… ………………………………….(70,000) Operating income before income tax……es 975,000 Taxes related to operations………………… (335,000) Income from operations…………………….. 640,000 Extraordinary loss (less applicable income taxes o…….f …………………………….$40,000) (80,000) Income before noncontrolling interest….. 560,000 Noncontrolling interest (loss)…….. ………(50,000) Net income ……………………………….$ 510,000 Required Calculate the degree of financial leverage. P9-4 The following data relate to Edger Company: 2011 2010 2009 Earnings per share $ 2.30 $ 3.40 2008 $ 4.54 Dividends per share $ 1.90 $ 1.90 $ 1.90 Market price, end of year $ 41.25 $ 35.00 $ 29.00 Net income $ 9,100,000 $ 13,300,000 $ 16,500,000 Total cash dividends $ 6,080,000 $ 5,900,000 $ 6,050,000 Order backlog at year-end $5,490,800,000 $4,150,200,000 $3,700,100,000 Net contracts awarded $2,650,700,000 $1,800,450,000 $3,700,100,000 Note: The stock was selling

Chapter 4: I have 15 question to do for homework, however, I’m a little confuse with these 2 question, can someone help me please? The following information for Decher Automotives covers the year ended 2012: Administrative expense ………………………………. $ 62,000 Dividend income ……………………………………… 10,000 Income taxes ………………………………………….. 100,000 Interest expense ………………………………………. 20,000 Merchandise inventory, 1/1 …………………………… 650,000 Merchandise inventory, 12/31 …………………………. 440,000 Flood loss (net of tax) ………………………………….. 30,000 Purchases ……………………………………………….. 460,000 Sales ……………………………………………………. 1,000,000 Selling expenses ………………………………………… 43,000 Required a. Prepare a multiple-step income statement. b. Assuming that 100,000 shares of common stock are outstanding, calculate the earnings per share before extraordinary items and the net earnings per share. c. Prepare a single-step income statement. Chapter 7: 7-1 Consider the following operating figures Net sales………………………………….$1,079,143 Cost and deductions: Cost of sales…………………………$792,755 Selling and administration…… …$264,566 Interest expense, net….. ……….. 5,059 1,066,691 $12,452 P 7-4 Kaufman Company’s balance sheet follows. Assets Current assets Cash $ 13,445 Short-term investments—at cost (approximate market) 5,239 Trade accounts receivable, less allowance of $1,590 88,337 Inventories—at lower of cost (average method) or market: Finished merchandise 113,879 Work in process, raw materials, and supplies 47,036 160,915 Prepaid expenses 8,221 Total current assets 276,157 Other assets: Receivables, advances, and other assets 4,473 Intangibles 2,324 Total other assets 6,797 Property, plant, and equipment: Land 5,981 Buildings 78,908 Machinery and equipment 162,425 247,314 Less allowances for depreciation 106,067 Net property, plant, and equipment 141,247 Total assets $424,201 Liabilities and Shareholders’ Equity Current liabilities: Notes payable $ 2,817 Trade accounts payable 23,720 Pension, interest, and other accruals 33,219 Taxes, other than income taxes 4,736 Income taxes 3,409 Total current liabilities 67,901 Long-term debt, 12% debentures 86,235 Deferred income taxes 8,768 Minority interest in subsidiaries 12,075 Total liabilities 174,979 Stockholders’ equity: Serial preferred 9,154 Common $5.25 par value 33,540 Additional paid-in capital 3,506 Retained earnings 203,712 249,912 Less cost of common shares in treasury 690 Total shareholders’ equity 249,222 Total liabilities and shareholders’ equity $424,201 Required a. Compute the debt ratio. b. Compute the debt/equity ratio. c. Compute the ratio of total debt to tangible net worth. d. Comment on the amount of debt that Kaufman Company has Chapter 9 P 9-1 McDonald Company shows the following condensed income statement information for the current year: Revenue from sales….. ………………..$ 3,500,000 Cost of products sold …………………..(1,700,000) Gross profit………………………………. 1,800,000 Operating expenses: Selling expenses…… …………………..$ 425,000 General expenses….. ………………..350,000 (775,000) Operating income….. ………………………1,025,000 Other income……. …………………………..20,000 Interest…… ………………………………….(70,000) Operating income before income tax……es 975,000 Taxes related to operations………………… (335,000) Income from operations…………………….. 640,000 Extraordinary loss (less applicable income taxes o…….f …………………………….$40,000) (80,000) Income before noncontrolling interest….. 560,000 Noncontrolling interest (loss)…….. ………(50,000) Net income ……………………………….$ 510,000 Required Calculate the degree of financial leverage. P9-4 The following data relate to Edger Company: 2011 2010 2009 Earnings per share $ 2.30 $ 3.40 2008 $ 4.54 Dividends per share $ 1.90 $ 1.90 $ 1.90 Market price, end of year $ 41.25 $ 35.00 $ 29.00 Net income $ 9,100,000 $ 13,300,000 $ 16,500,000 Total cash dividends $ 6,080,000 $ 5,900,000 $ 6,050,000 Order backlog at year-end $5,490,800,000 $4,150,200,000 $3,700,100,000 Net contracts awarded $2,650,700,000 $1,800,450,000 $3,700,100,000 Note: The stock was selling

Chapter 4: I have 15 question to do for homework, however, I’m a little confuse with these 2 question, can someone help me please? The following information for Decher Automotives covers the year ended 2012: Administrative expense ………………………………. $ 62,000 Dividend income ……………………………………… 10,000 Income taxes ………………………………………….. 100,000 Interest expense ………………………………………. 20,000 Merchandise inventory, 1/1 …………………………… 650,000 Merchandise inventory, 12/31 …………………………. 440,000 Flood loss (net of tax) ………………………………….. 30,000 Purchases ……………………………………………….. 460,000 Sales ……………………………………………………. 1,000,000 Selling expenses ………………………………………… 43,000 Required a. Prepare a multiple-step income statement. b. Assuming that 100,000 shares of common stock are outstanding, calculate the earnings per share before extraordinary items and the net earnings per share. c. Prepare a single-step income statement. Chapter 7: 7-1 Consider the following operating figures Net sales………………………………….$1,079,143 Cost and deductions: Cost of sales…………………………$792,755 Selling and administration…… …$264,566 Interest expense, net….. ……….. 5,059 1,066,691 $12,452 P 7-4 Kaufman Company’s balance sheet follows. Assets Current assets Cash $ 13,445 Short-term investments—at cost (approximate market) 5,239 Trade accounts receivable, less allowance of $1,590 88,337 Inventories—at lower of cost (average method) or market: Finished merchandise 113,879 Work in process, raw materials, and supplies 47,036 160,915 Prepaid expenses 8,221 Total current assets 276,157 Other assets: Receivables, advances, and other assets 4,473 Intangibles 2,324 Total other assets 6,797 Property, plant, and equipment: Land 5,981 Buildings 78,908 Machinery and equipment 162,425 247,314 Less allowances for depreciation 106,067 Net property, plant, and equipment 141,247 Total assets $424,201 Liabilities and Shareholders’ Equity Current liabilities: Notes payable $ 2,817 Trade accounts payable 23,720 Pension, interest, and other accruals 33,219 Taxes, other than income taxes 4,736 Income taxes 3,409 Total current liabilities 67,901 Long-term debt, 12% debentures 86,235 Deferred income taxes 8,768 Minority interest in subsidiaries 12,075 Total liabilities 174,979 Stockholders’ equity: Serial preferred 9,154 Common $5.25 par value 33,540 Additional paid-in capital 3,506 Retained earnings 203,712 249,912 Less cost of common shares in treasury 690 Total shareholders’ equity 249,222 Total liabilities and shareholders’ equity $424,201 Required a. Compute the debt ratio. b. Compute the debt/equity ratio. c. Compute the ratio of total debt to tangible net worth. d. Comment on the amount of debt that Kaufman Company has Chapter 9 P 9-1 McDonald Company shows the following condensed income statement information for the current year: Revenue from sales….. ………………..$ 3,500,000 Cost of products sold …………………..(1,700,000) Gross profit………………………………. 1,800,000 Operating expenses: Selling expenses…… …………………..$ 425,000 General expenses….. ………………..350,000 (775,000) Operating income….. ………………………1,025,000 Other income……. …………………………..20,000 Interest…… ………………………………….(70,000) Operating income before income tax……es 975,000 Taxes related to operations………………… (335,000) Income from operations…………………….. 640,000 Extraordinary loss (less applicable income taxes o…….f …………………………….$40,000) (80,000) Income before noncontrolling interest….. 560,000 Noncontrolling interest (loss)…….. ………(50,000) Net income ……………………………….$ 510,000 Required Calculate the degree of financial leverage. P9-4 The following data relate to Edger Company: 2011 2010 2009 Earnings per share $ 2.30 $ 3.40 2008 $ 4.54 Dividends per share $ 1.90 $ 1.90 $ 1.90 Market price, end of year $ 41.25 $ 35.00 $ 29.00 Net income $ 9,100,000 $ 13,300,000 $ 16,500,000 Total cash dividends $ 6,080,000 $ 5,900,000 $ 6,050,000 Order backlog at year-end $5,490,800,000 $4,150,200,000 $3,700,100,000 Net contracts awarded $2,650,700,000 $1,800,450,000 $3,700,100,000 Note: The stock was selling

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