Solutions Income Statement and Pearson Education Essay Example

Solutions: Income Statement and Pearson Education Paper As the manager of an phone applications developer, you will make three types of financial decisions. i. You Will make investment decisions such as determining which type of phone application projects will offer your company a positive NAP and therefore your company should develop. Ii. YOLK Will make the decision on how to fund your phone application investments and what mix of debt and equity your company will have. Iii. You will be responsible for the cash management of your company, ensuring that your company has the necessary funds to make investments, pay interest on loans, and pay your employees. Corporate managers favor for the owners of the corporation, Consequently, they should make decisions that are in the interests of the owners, rather than their own. What strategies are available to shareholders to help ensure that managers are motivated to act this way? Shareholders can do the tooling. i. Ensure that employees are paid with coronary stock and/or stock options. Ii, Ensure that underperforming managers are fired. Iii. Write contracts that ensure that the interests of the managers and shareholders are closely aligned, iv. Mount hostile takeovers. 1-10. Suppose you are considering renting an apartment. You, the renter, can be viewed as an agent while the company that owns the apartment can be viewed as the principal. What principalities conflicts do you anticipate? Suppose, instead, that you favor for the apartment company. What features would you put into the lease agreement that would give the renter incentives to take good care of the apartment? The agent (renter) will not take the same care of the apartment as the principal (owner), because the renter does not share in the costs of fixing damage to the apartment. We will write a custom essay sample on Solutions: Income Statement and Pearson Education specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Solutions: Income Statement and Pearson Education specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Solutions: Income Statement and Pearson Education specifically for you FOR ONLY $16.38 $13.9/page Hire Writer To mitigate this problem, having the renter pay a deposit should motivate the renter to keep damages to a minimum. The deposit forces the renter to share in the costs of fixing any problems that are caused by the renter. You are the CEO of a company and you are considering entering into an agreement to have your company buy another company, You think the price might be too high, but you will be the CEO of the combined, much larger company, You know that when the company gets bigger, your pay and prestige will increase. What is the nature tooth agency conflict here and how is it related to ethical considerations? There is an ethical dilemma when the CEO of a firm has opposite incentives to those of the shareholders. In this case, o (as the CEO) have an incentive to potentially overpay for another company (which would be damaging to your shareholders) because your pay and prestige will improve. Are hostile takeovers necessarily bad for firms or their investors? Explain. No. They are a way to discipline managers who are not working in the interests of shareholders. What is the difference between a public and private corporation? The shares of a public corporation are traded on an exchange (or over the counter in an electronic trading system) while the shares Of a private corporation are not traded on a public exchange. Explain why the bid-ask spread s a transaction cost. Investors always buy at the ask and sell at the bid. Since ask prices always exceed bid prices, investors lose this difference. It is one of the costs Of transacting. Since the market makers take the Other side Of the trade, they make this difference. -12. 1-13. -14. 02011 Pearson Education, Inc. Publishing as Prentice Hall Beer/Demeanor ; Corporate Finance, Second Edition I-IS. The following quote on Yahoo! Stock appeared on February 11, 2009, on Yahoo! Finance: If you wanted to buy Yahoo, what price would you pay? How much would you receive if you wanted to sell Yahoo!? You would buy at $12. 54 and sell for $12. 53. 02011 Pearson Education, Inc. Publishing as Prentice Hall Ch apter 2 Introduction to Financial Statement Analysis 2-1. What four financial statements can be found in a firms 10-K filing? What checks are there on the accuracy of these statements? In a firms 10-K filing, four financial statements can be found: the balance sheet, the income statement, the statement of cash flows, and the statement of stockholders equity. Financial statements in form ASK are required to be audited by a neutral third party, who checks and ensures that the financial statements are prepared according to GAP and that the information contained is reliable. 2-2. Who reads financial statements? List at least three different categories of people, For each category, provide an example tooth type to information they might be interested in and discuss why. Users of financial statements include present and potential investors, financial analysts, and other interested outside parties (such as lenders, suppliers and other trade creditors, and customers). V-uncial managers within the firm also use the financial statements when making financial decisions, Investors, Investors are concerned with the risk inherent in ND return provided by their investments. Bondholders use the firms financial statements to assess the ability of the company to make its debt Stockholders use the statements to assess the firms profitability and ability to make future dividend payments. Financial analysts. Financial analysts gather financial information, analyze it, and make recommendations. They read financial statements to determine a firms value and project future earnings, so that they can provide guidance to businesses and individuals to help them With their investment decisions. Managers. Managers use financial statement o look at trends in their own business, and to compare their own results with that of competitors. 23. Find the most recent financial statements for Cutbacks corporation (SUBS) using the following sources: a. From the companys Web site www. V. Trucks. Com (Hint : Search for investor relations. ) b. From the SEC Web site femmes. Gob. (Hint : Search for company filings in the EDGAR database. ) c. From the Yahoo! Finance Web site http://financially. Com. D. From at least one other source. (Hint : Enter SUBS ASK at mow. Google. Com. ) Each method will help find the same SEC filings. Yahoo! Finance also provides some analysis such as harts and key statistics. Beer/Demeanor ; Corporate Finance, Second Edition 24 Consider the following potential events that might have occurred to Global Conglomerate on December 30, 2009. For each one, indicate which line items in Globally balance sheet would be affected and by how much. Also indicate the change to Globally book value of equity. A. C. Global used $20 million of its available cash to repay $20 million Of its long-term debt Global used AS million in cash and $5 million in new long-term debt to purchase a $10 million building. B. A warehouse fire destroyed $5 million worth Of uninsured inventory. . A large customer owing 53 million for products it already received declared bankruptcy, leaving no possibility that Global would ever receive payment. E. . A. B. C. Globally engineers discover a new manufacturing process that will cut the cost of its flagship product by over 50%, A key competitor announces a radical new pricing policy that will drastically undercut Globally prices. Long- term liabilities would decrease by $20 million, and cash would decrease by the same amount. The book value of equity would be unchanged. Inventory would decrease by million, a s would the book value of equity. Long-term assets old increase by $10 million, cash would decrease by $5 million, and longer liabilities would increase by AS million.

Chemistry Lab Report- Exo and Endothermic Reactions Essays

Chemistry Lab Report- Exo and Endothermic Reactions Essays Chemistry Lab Report- Exo and Endothermic Reactions Paper Chemistry Lab Report- Exo and Endothermic Reactions Paper In endothermic reactions heat Vass absorbed. This avgas discerned by the temperature drop and the test tube became cool to touchy Reactions such as Potassium Chloride crystals [s] Water were. Some vigorous reactions {reactions that occurred at a fast pace} were Sodium Hydroxide [I] * Dilute hydrochloric acid [as], Sodium Carbonate [s] + Ethanol Acid [l] and Magnesium ribbon [s] Dilute Sulfuric Acid [I] (mostly reactions involving strong acids + throng bases}. There was no sound or light given off in any of the reactions. Safety: Safety was ensured. We used safety goggles and we didnt touch the chemicals with bare hands. Modifications: For measuring liquids/aqueous solutions a burette or a pipette could have been used for more accurate measurements (instead of using a measuring cylinder}. For non-vigorous reactions, we could have waited for ample time before measuring the temperature again-this would have ensured that both the substances reacted entirely. We could have also noted down the concentration of he solutions, just for reference. Conclusion: Hence I can conclude that there were some reactions that evolved heat and some that absorbed heat. The reactions that released heat are exothermic and the reactions that absorbed heat are endothermic. Out of these, the most vigorous reactions oeuvre acid-base reactions. There was no sound or light given off The most exothermic reaction was Magnesium ribbon [s] + Dilute Sulfuric Acid and the most endothermic reaction was Potassium Chloride crystals [s] + Water [II. All the reactions dealt with heat.

Managers and Work Relationships - Incident Analysis, Diagnosis and Essay

Managers and Work Relationships - Incident Analysis, Diagnosis and Action Plan - Essay Example Several problems of people management can be mitigated easily; some are entirely outside our control and can only be restrained; however, you still have power over several aspects which influence your ‘people’ and hence it is your duty to make sure that your leadership and management are constructive. You can merely undervalue the effect which you personally have upon the efficiency and practices of your team. As the manager of a group, you have the power to punish, motivate or limit most factors of their working day, and this puts you in authority, and accountability. This essay will present an analysis of two incidences between managers and employees: (1) managing diversity and (2) workplace discrimination; a self-diagnosis and assessment of my own competency as a manager and as an employee; and an action plan based on the competencies identified in the first two sections. My approach to diversity started with an aggressive, insistent, and proactive action plan. I viewed diversity as an organization’s asset, a main concern of the management, and an actual business goal. Before one can successfully deal with diversity you should first have a highly diversified work force. Fundamental to the success of my approach was the organization’s accepting the requirements of the law. The organization aims to make sure that their employees are representative of the demographics of the community and that its personnel and management seem like the transforming nature of the enterprises they serve (Dubois 1993). The objective is to ‘motivate’ and not diversity management. To that objective, my approach deals with general changes to encourage each individual to provide their inputs to his/her best potential. Diversity management is a transformative practice and the focus has shifted from the superiority of affirmative action to the breadth of optimizing all organizational members (Armstrong 2000). My program for workforce