Fin350 Week 3 Module 3 Practice Problems

In: Business and Management

Submitted By Laynebaril
Words 724
Pages 3
Fin350 Week 3 Module 3 Practice Problems
Click Link Below To Buy: http://hwcampus.com/shop/fin350-week-3-module-3-practice-problems/ P4–5 Classifying inflows and outflows of cash Classify each of the following items as an inflow (I) or an outflow (O) of cash, or as neither (N).

P4–6 Finding operating and free cash flows Consider the following balance sheets and selected data from the income statement of Keith Corporation.
a. Calculate the firm’s net operating profit after taxes (NOPAT) for the year ended December 31, 2015, using Equation 4.1.
b. Calculate the firm’s operating cash flow (OCF) for the year ended December 31, 2015, using Equation 4.3.
c. Calculate the firm’s free cash flow (FCF) for the year ended December 31, 2015, using Equation 4.4.
d. Interpret, compare, and contrast your cash flow estimates in parts b and c.

P4–9 Cash budget: Basic Grenoble Enterprises had sales of $50,000 in March and $60,000 in April. Forecast sales for May, June, and July are $70,000, $80,000, and $100,000, respectively. The firm has a cash balance of $5,000 on May 1 and wishes to maintain a minimum cash balance of $5,000. Given the following data, prepare and interpret a cash budget for the months of May, June, and July.
(1) The firm makes 20% of sales for cash, 60% are collected in the next month, and the remaining 20% are collected in the second month following sale.
(2) The firm receives other income of $2,000 per month.
(3) The firm’s actual or expected purchases, all made for cash, are $50,000, $70,000, and $80,000 for the months of May through July, respectively.
(4) Rent is $3,000 per month.
(5) Wages and salaries are 10% of the previous month’s sales.
(6) Cash dividends of $3,000 will be paid in June.
(7) Payment of principal and interest of $4,000 is due in June.
(8) A cash purchase of equipment costing $6,000 is scheduled in July.
(9) Taxes of…...

Similar Documents

Week 3 Aib Problems

...Problem 1 The following data were obtained from a project to create a new portable electronic. Activity Duration Predecessors A 5 Days --- B 6 Days --- C 8 Days --- D 4 Days A, B E 3 Days C F 5 Days D G 5 Days E, F H 9 Days D I 12 Days G Step 1: Construct a network diagram for the project. Step 2: Answer the following questions: (15 points total) a) What is the Scheduled Completion of the Project? (5 points) 32 days b) What is the Critical Path of the Project? (5 points) B, D, F, G, I c) What is the ES for Activity D? (1 points) 6 d) What is the LS for Activity G? (1 points) 15 e) What is the EF for Activity B? (1 points) 6 f) What is the LF for Activity H? (1 points) 32 g) What is the float for Activity I? (1 points) 0 Problem 2 The following data were obtained from a project to build a pressure vessel: Activity Duration Predecessors A 6 weeks --- B 6 weeks --- C 5 weeks B D 4 weeks A, C E 5 weeks B F 7 weeks D, E, G G 4 weeks B H 8 weeks F I 5 weeks G J 3 week I Step 1: Construct a network diagram for the project. Step 2: Answer the following questions: (15 points total) a) Calculate the scheduled completion time. (5 points) 30 weeks b) Identify the critical path (6 points) B, C, D, F, H c) What is the slack time (float) for activity A? (1 points) 11-6=5 d) What is......

Words: 622 - Pages: 3

Week 3 Problems and Exercises

...1. One of the potential problems mentioned in this chapter with gathering information requirements by observing potential system users is that people may change their behavior when observed. What could you do to overcome this potentially confounding factor in accurately determining information requirements? A great way to overcome this problem is to get an anonymous person to conduct the observation. Without the people having this knowledge, this will allow the system users to act normal. This would allow for accurate gathering of information. 2. Suppose you were asked to lead a JAD session. List ten guidelines you would follow in playing the proper role of a JAD session leader. I would make sure all the proper personal are going to be present. These being the users, managers, sponsor, system analyst, scribe and IS staff. By doing this I have to make sure I have the expenses organized, from flying people in to the meeting room. Time management is very important to this because the longer it takes the more expensive it will be. In order for the meetings to proceed smoothly, the proper tools have to be present. These tools are flip-chart paper, whiteboards, and audiovisuals. Communication is going to be very important in these meetings since everyone will have something to say about the systems, this being good or bad. I have to make sure everything stays on track and at the end of these meetings a solution is found for the problem. 3. What unique rules apply to......

Words: 385 - Pages: 2

Week 3 Practice

...University of Phoenix Material Week Three Practice Problems Prepare a written response to the following questions. Chapter 4 1. List the five steps of hypothesis testing, and explain the procedure and logic of each. 1. Restate the question as a research hypothesis and a null hypothesis about the populations. a. This is the basic guidline by which the procedure will commence 2. Determine the characteristics of the comparison distribution a. One must choose which one is most applicable in the given situation 3. Determine the cutoff sample score on the comparison distribution at which the null hypothesis should be rejected. a. Here one can reject the null hypothesis if the cutoff score is higher than that of the sample one 4. Determine your sample’s score on the comparison distribution a. Once you compute your test one can observe if it is within the rejection range 5. Decide whether to reject the null hypothesis a. Once you have observed the rusults one can decide the final outcome 14. Based on the information given for the following studies, decide whether to reject the null hypothesis. Assume that all populations are normally distributed. For each, give: A 1.645 Z score cutoff Z = 2 reject B 1.96 Z score cutoff Z = 2 reject C 2.3263 Z score cutoff Z = 2 fail to reject D 2.576 Z score cutoff Z = 2 fail to reject |Study |µ ...

Words: 453 - Pages: 2

Time to Practice Week 3

...University of Phoenix Material Time to Practice – Week Four Complete Parts A, B, and C below. Part A Some questions in Part A require that you access data from Statistics for People Who (Think They) Hate Statistics. This data is available on the student website under the Student Text Resources link. 1. Using the data in the file named Ch. 11 Data Set 2, test the research hypothesis at the .05 level of significance that boys raise their hands in class more often than girls. Do this practice problem by hand using a calculator. What is your conclusion regarding the research hypothesis? Remember to first decide whether this is a one- or two-tailed test. The conclusion reached is that this is a two tailed test showing there is no difference between the levels of significance in boys or girls raising their hands. 2. Practice the following problems by hand just to see if you can get the numbers right. Using the following information, calculate the t test statistic. a. [pic] Find the pooled S2 = 2.45 (9 / 18) + 3.16 (9 / 18) = 2.45 Variance for 1 = 2.45 / 10 = 0.245 Variance for 2 = 0.245 Pop Variance = 0.245 + 0.245 = 0.49 Sqrt 0.49 = 0.7 T = (62 – 60) / 0.7 = 2.86 b. [pic] Find the pooled S2 = 2.06 (21 / 46) + 2.59 (25 / 48) = 2.35 Variance for 1 = 2.35 / 22 = 0.107 Variance for 2 = 2.35 / 26 = 0.0903 Pop Variance = 0.107 +......

Words: 1891 - Pages: 8

Time to Practice Week 3

...University of Phoenix Material Time to Practice – Week Three Complete both Part A and Part B below. Part A 1. For the following research questions, create one null hypothesis, one directional research hypothesis, and one non-directional research hypothesis. a. What are the effects of attention on out-of-seat classroom behavior? Non directional hypothesis: there will be a relationship between the effects of attention on out of seat classroom behavior versus in seat classroom behavior. Null: There are no effects of attention on out of seat classroom behavior. Directional: No attention negatively instigates out of seat classroom behavior. b. What is the relationship between the quality of a marriage and the quality of the spouses’ relationships with their siblings? Null hypothesis: There is no relationship in the relationship between the quality of a marriage and the quality of the spouses’ relationship with their siblings. Non-directional: The quality of a marriage is affected by the quality of the spouses’ relationship with their sibling. Directional: The quality of a marriage is dependent on the quality of the spouses’ relationship with their siblings. 2. Provide one research hypothesis and an equation for each of the following topics: a. The amount of money spent on food among undergraduate students and undergraduate student-athletes. Hypothesis- There is a difference between the amounts of money spent on food among......

Words: 979 - Pages: 4

Fin350 Week 1 Module 1 Dq1 & Dq 2

...Fin350 Week 1 Module 1 DQ1 & DQ 2 Click Link Below To Buy: http://hwcampus.com/shop/fin350-full-courses/ GCU Module 1 DQ1 Identify a party (other than stockholders) that can be classified as a stakeholder for a corporation. What obligation does the corporation have to this party? Describe a situation where stockholder claims on the organization might conflict with the claims of this stakeholder group. If you were CEO, how would you resolve these conflicts Module 1 DQ2 During the summer and fall of 2008, the U.S. financial system and financial systems around the world appeared to be on the verge of collapse. How did we get into this condition? What did we do to get out of it? How can we prevent another such scenario in the future? Grand canyon Fin350 Week 2 Module 2 DQ1 & DQ 2 Latest 2015 modul 2 DQ1 Individuals performing ratio analysis include (1) banks evaluating potential loan applications from small businesses, (2) investment analysts evaluating the investment quality of a firm’s stock, and (3) internal management, assessing the firm’s current strengths and weaknesses. Select one of the three parties above, and for that party, identify which of the five ratio groups (liquidity, activity, debt, profitability, or market) would be of most value and which would probably be of least value. Explain the reasons behind your choices. modul 2 DQ2 Who are the major policy makers for the Federal Reserve System and how do they rise to such an influential......

Words: 2175 - Pages: 9

Fin350 Week 3 Module 3 Practice Problems

...Fin350 Week 3 Module 3 Practice Problems Click Link Below To Buy: http://hwcampus.com/shop/fin350-week-3-module-3-practice-problems/ P4–5 Classifying inflows and outflows of cash Classify each of the following items as an inflow (I) or an outflow (O) of cash, or as neither (N). P4–6 Finding operating and free cash flows Consider the following balance sheets and selected data from the income statement of Keith Corporation. a. Calculate the firm’s net operating profit after taxes (NOPAT) for the year ended December 31, 2015, using Equation 4.1. b. Calculate the firm’s operating cash flow (OCF) for the year ended December 31, 2015, using Equation 4.3. c. Calculate the firm’s free cash flow (FCF) for the year ended December 31, 2015, using Equation 4.4. d. Interpret, compare, and contrast your cash flow estimates in parts b and c. P4–9 Cash budget: Basic Grenoble Enterprises had sales of $50,000 in March and $60,000 in April. Forecast sales for May, June, and July are $70,000, $80,000, and $100,000, respectively. The firm has a cash balance of $5,000 on May 1 and wishes to maintain a minimum cash balance of $5,000. Given the following data, prepare and interpret a cash budget for the months of May, June, and July. (1) The firm makes 20% of sales for cash, 60% are collected in the next month, and the remaining 20% are collected in the second month following sale. (2) The firm receives other income of $2,000 per month. (3) The firm’s actual or expected purchases,......

Words: 724 - Pages: 3

Fin350 Week 7 Module 7 Practice Problems

...Fin350 Week 7 Module 7 Practice Problems Click Link Below To Buy: http://hwcampus.com/shop/fin350-week-7-module-7-practice-problems/ Follow these instructions for completing and submitting your assignment: 1. Do all work in Excel. Do not submit Word files or *.pdf files. 2. Submit a single spreadsheet file for this assignment. Do not submit multiple files. 3. Place each problem on a separate spreadsheet tab. 4. Label all inputs and outputs and highlight your final answer. 5. Follow the directions in the “Guidelines for Developing Spreadsheets.” P8–9 Rate of return, standard deviation, and coefficient of variation Mike is searching for a stock to include in his current stock portfolio. He is interested in Hi-Tech, Inc.; he has been impressed with the company’s computer products and believes that Hi-Tech is an innovative market player. However, Mike realizes that any time you consider a technology stock, risk is a major concern. The rule he follows is to include only securities with a coefficient of variation of returns below 0.90. Mike has obtained the following price information for the period 2012 through 2015. Hi-Tech stock, being growth-oriented, did not pay any dividends during these 4 years. Stock price Year Beginning End 2012 $14.36 $21.55 2013 21.55 64.78 2014 64.78 72.38 2015 72.38 91.80 a. Calculate the rate of return for each year, 2012 through 2015, for Hi-Tech stock. b. Assume that each year’s return is equally probable, and......

Words: 1400 - Pages: 6

Finc600 Week 3 Practice Quiz

...FINC600 Week 3 Practice Quiz Click Link Below To Buy: http://hwcampus.com/shop/finc600-week-3-practice-quiz/ Corporate Finance Week 3 Practice Quiz Part 1 of 1 - 15.0/ 15.0 Points Question 1 of 15 1.0/ 1.0 Points Which of the following portfolios have the least risk? A.A portfolio of Treasury bills B.A portfolio of long-term United States Government bonds C.Portfolio of U.S. common stocks of small firms D.None of the above Question 2 of 15 1.0/ 1.0 Points If the average annual rate of return for common stocks is 11.7%, and for treasury bills it is 4.0%, what is the market risk premium? A.15.8% B.4.1% C.7.7% D.None of the above Question 3 of 15 1.0/ 1.0 Points Spill Oil Company's stocks had -8%, 11% and 24% rates of return during the last three years respectively; calculate the average rate of return for the stock. A.8% per year B.9% per year C.11% per year D.None of the above Question 4 of 15 1.0/ 1.0 Points Given the following data: risk-free rate = 4%, average risk premium = 7.7%. Calculate the required rate of return: A.5.6% B.7.6% C.11.7% D.None of the given answers Question 5 of 15 1.0/ 1.0 Points The unique risk is also called the: A.Unsystematic risk B.Diversifiable risk C.Firm specific risk D.All of the above Question 6 of 15 1.0/ 1.0 Points ......

Words: 790 - Pages: 4

Finc600 Week 3 Practice Quiz

...FINC600 Week 3 Practice Quiz Click Link Below To Buy: http://hwcampus.com/shop/finc600-week-3-practice-quiz/ Corporate Finance Week 3 Practice Quiz Part 1 of 1 - 15.0/ 15.0 Points Question 1 of 15 1.0/ 1.0 Points Which of the following portfolios have the least risk? A.A portfolio of Treasury bills B.A portfolio of long-term United States Government bonds C.Portfolio of U.S. common stocks of small firms D.None of the above Question 2 of 15 1.0/ 1.0 Points If the average annual rate of return for common stocks is 11.7%, and for treasury bills it is 4.0%, what is the market risk premium? A.15.8% B.4.1% C.7.7% D.None of the above Question 3 of 15 1.0/ 1.0 Points Spill Oil Company's stocks had -8%, 11% and 24% rates of return during the last three years respectively; calculate the average rate of return for the stock. A.8% per year B.9% per year C.11% per year D.None of the above Question 4 of 15 1.0/ 1.0 Points Given the following data: risk-free rate = 4%, average risk premium = 7.7%. Calculate the required rate of return: A.5.6% B.7.6% C.11.7% D.None of the given answers Question 5 of 15 1.0/ 1.0 Points The unique risk is also called the: A.Unsystematic risk B.Diversifiable risk C.Firm specific risk D.All of the above Question 6 of 15 1.0/ 1.0 Points ......

Words: 790 - Pages: 4

Fin350 Week 7 Module 7 Practice Problems

...Fin350 Week 7 Module 7 Practice Problems Click Link Below To Buy: http://hwcampus.com/shop/fin350-week-7-module-7-practice-problems/ Follow these instructions for completing and submitting your assignment: 1. Do all work in Excel. Do not submit Word files or *.pdf files. 2. Submit a single spreadsheet file for this assignment. Do not submit multiple files. 3. Place each problem on a separate spreadsheet tab. 4. Label all inputs and outputs and highlight your final answer. 5. Follow the directions in the “Guidelines for Developing Spreadsheets.” P8–9 Rate of return, standard deviation, and coefficient of variation Mike is searching for a stock to include in his current stock portfolio. He is interested in Hi-Tech, Inc.; he has been impressed with the company’s computer products and believes that Hi-Tech is an innovative market player. However, Mike realizes that any time you consider a technology stock, risk is a major concern. The rule he follows is to include only securities with a coefficient of variation of returns below 0.90. Mike has obtained the following price information for the period 2012 through 2015. Hi-Tech stock, being growth-oriented, did not pay any dividends during these 4 years. Stock price Year Beginning End 2012 $14.36 $21.55 2013 21.55 64.78 2014 64.78 72.38 2015 72.38 91.80 a. Calculate the rate of return for each year, 2012 through 2015, for Hi-Tech stock. b. Assume that each year’s return is equally probable, and......

Words: 1400 - Pages: 6

Fin350 Week 1 Module 1 Dq1 & Dq 2

...Fin350 Week 1 Module 1 DQ1 & DQ 2 Click Link Below To Buy: http://hwcampus.com/shop/fin350-full-courses/ GCU Module 1 DQ1 Identify a party (other than stockholders) that can be classified as a stakeholder for a corporation. What obligation does the corporation have to this party? Describe a situation where stockholder claims on the organization might conflict with the claims of this stakeholder group. If you were CEO, how would you resolve these conflicts Module 1 DQ2 During the summer and fall of 2008, the U.S. financial system and financial systems around the world appeared to be on the verge of collapse. How did we get into this condition? What did we do to get out of it? How can we prevent another such scenario in the future? Grand canyon Fin350 Week 2 Module 2 DQ1 & DQ 2 Latest 2015 modul 2 DQ1 Individuals performing ratio analysis include (1) banks evaluating potential loan applications from small businesses, (2) investment analysts evaluating the investment quality of a firm’s stock, and (3) internal management, assessing the firm’s current strengths and weaknesses. Select one of the three parties above, and for that party, identify which of the five ratio groups (liquidity, activity, debt, profitability, or market) would be of most value and which would probably be of least value. Explain the reasons behind your choices. modul 2 DQ2 Who are the major policy makers for the Federal Reserve System and how do they rise to such an influential......

Words: 2175 - Pages: 9

Psy 870: Module 3 Problem Set Answers

...PSY 870: Module 3 Problem Set Answers Follow Below Link to Download Tutorial http://homeworklance.com/downloads/psy-870-module-3-problem-set-answers/ For More Information Visit Our Website ( http://homeworklance.com/ ) Email us At: Support@homeworklance.com or lancehomework@gmail.com GAF, Consumer Satisfaction, and Type of Clinical Agency (Public or Private) A researcher wants to know if mental health clients of private versus public service agencies differ on Global Assessment of Functioning (GAF) scores and on Satisfaction with Services (Satisfaction). She has collected data for 34 clients from a private agency and for 47 clients of a public agency. Directions: Use the SPSS data file for Module 3 (located in Topic Materials) to answer the following questions: 1. What is the independent variable in this study? What are the dependent variables? 2. The first step for the researcher will be to clean and screen the data. Please do this for the researcher and report your findings. Be sure to check it for possible coding errors, as well as complete the screening of the data to see if the data meet assumptions for parametric tests. Did you find any errors that the researcher made when setting up the SPSS data file (check the variable view)? If so, what did you find? How did you correct it? HINT: Yes, one of the variables is incorrectly listed as scale. 3. Were there missing values on any of the variables? If so, what might you do for those for the......

Words: 788 - Pages: 4

Psy 870: Module 3 Problem Set Answers

...PSY 870: Module 3 Problem Set Answers Follow Below Link to Download Tutorial http://homeworklance.com/downloads/psy-870-module-3-problem-set-answers/ For More Information Visit Our Website ( http://homeworklance.com/ ) Email us At: Support@homeworklance.com or lancehomework@gmail.com GAF, Consumer Satisfaction, and Type of Clinical Agency (Public or Private) A researcher wants to know if mental health clients of private versus public service agencies differ on Global Assessment of Functioning (GAF) scores and on Satisfaction with Services (Satisfaction). She has collected data for 34 clients from a private agency and for 47 clients of a public agency. Directions: Use the SPSS data file for Module 3 (located in Topic Materials) to answer the following questions: 1. What is the independent variable in this study? What are the dependent variables? 2. The first step for the researcher will be to clean and screen the data. Please do this for the researcher and report your findings. Be sure to check it for possible coding errors, as well as complete the screening of the data to see if the data meet assumptions for parametric tests. Did you find any errors that the researcher made when setting up the SPSS data file (check the variable view)? If so, what did you find? How did you correct it? HINT: Yes, one of the variables is incorrectly listed as scale. 3. Were there missing values on any of the variables? If so, what might you do for those for......

Words: 788 - Pages: 4

Psy 870: Module 3 Problem Set Answers

...PSY 870: Module 3 Problem Set Answers Follow Below Link to Download Tutorial http://homeworklance.com/downloads/psy-870-module-3-problem-set-answers/ For More Information Visit Our Website ( http://homeworklance.com/ ) Email us At: Support@homeworklance.com or lancehomework@gmail.com GAF, Consumer Satisfaction, and Type of Clinical Agency (Public or Private) A researcher wants to know if mental health clients of private versus public service agencies differ on Global Assessment of Functioning (GAF) scores and on Satisfaction with Services (Satisfaction). She has collected data for 34 clients from a private agency and for 47 clients of a public agency. Directions: Use the SPSS data file for Module 3 (located in Topic Materials) to answer the following questions: 1. What is the independent variable in this study? What are the dependent variables? 2. The first step for the researcher will be to clean and screen the data. Please do this for the researcher and report your findings. Be sure to check it for possible coding errors, as well as complete the screening of the data to see if the data meet assumptions for parametric tests. Did you find any errors that the researcher made when setting up the SPSS data file (check the variable view)? If so, what did you find? How did you correct it? HINT: Yes, one of the variables is incorrectly listed as scale. 3. Were there missing values on any of the variables? If so, what might you do for those for the......

Words: 788 - Pages: 4