Corporate Finance Adm3350 Assignment 1 Fall 2012

Inventories of stores, spare parts, fuel and loose tools are valued at lower of cost (on weighted average basis) and net realizable value after providing for obsolescence and other losses. Work-in-progress and property under development are valued at lower of cost and net realisable value. Cost includes cost of land, material, labour and other appropriate

This four-credit course is for students who major in finance. By the end of this course,

1.What are conversion factors? Why were conversion factors developed? How do they impact on which bond is cheapest to deliver? Under what conditions would there be no cheapest to deliver? Explain in detail.

330-10-30330-10-30-1 The primary basis of accounting for inventories is cost, which has been defined generally as the price paid or consideration given to acquire an asset. As applied to inventories, cost means in principle the sum of the applicable expenditures and charges directly or indirectly incurred in bringing an article to its existing condition and location. It is understood to mean acquisition and production cost, and its determination involves many considerations. 330-10-30330-10-30-2 Although principles for the determination of inventory costs may be easily stated, their application, particularly to such inventory items as work in process and finished goods, is difficult because of the variety of considerations in the allocation of costs and charges.

My parents receive an earned income, meaning they work for it, unlike unearned income like child support and disability. My mom works as a Human Resources Director; she over sees all investigations in her facility and hires and fires people. My dad works as an Operations Sales Manager, so he over sees all of the different sales. They both have salary wages, so their income isn’t based on hours.

3. What are each of the financial statements commonly called in for-profit health care organizations and in not for-profit care organizations?

1. How does the cost of carrying inventory impact the traditional earning statement of the enterprise?

The cost of carrying inventories has been calculated using the current cost of bank loans (see Table 2). Do you think this is the appropriate rate? Explain, and in your answer consider both WACC and tax effects.

I have a quick question that I hope you can answer: Is it customary to have a Board President act as "purchasing agent" for a condo association, using a personal credit card to buy building, maintenance, and landscaping equipment and supplies?

Engs Commercial Finance is a large commercial finance company who needed support for their Pardot org and desired best practices for optimal use. They were already using Salesforce.com so improving their Pardot engagement was priority. We recommended and implemented our Pardot Quickstart package which encompassed all the ins and outs of the system for the Marketing and Sales team. They needed best practices in particular with regards to landing pages and email reporting. We also did some custom integrations with their existing Salesforce Campaigns which needed to be segmented to Pardot lists. They’ve recommended Pardot & CRMCulture to other Finance clients for future integrations. Let us know if you would like additional feedback about this

Bruce Palmer was a good guy looking to make a difference. He was lead to believe that Zeke Olds was going to be available to him throughout the project and that was not the case. He was led astray and betrayed by Ken Crosby, a new guy to M&M. Crosby knew if he made the case to Sands early, that he would get his way. The client was one that M&M was competing to get with two other big 5 accounting firms and since Crosby came from a Big 5 accounting firm, M&M was going to give him whatever he needed to complete the project. Crosby was recruited specifically to manage special projects and this qualified as such.

Explain how you would respond if you were Peter at the end of the case.

(Compound value solving for I) at what annual rate would the following have to be investe

Under a "just-in-case" or JIC practice where all components for a month's Flow Controller production will be purchased together, the total receiving and material handling costs will be only $14,000 (1/10 the cost). Some assumptions will be necessary for calculating an inventory storage and carrying cost charge. The total cost of flow controller components purchased each month is $88,000. Assume uniform production during the month so that the average inventory cost is $44,000 (50% x

Berman et al (2006) identified inventory and transportation as two key contributors of supply chain total cost. They require keen attention for supply chain efficiency to be realized. Inventory costs include; Capital cost that forms the largest factor of inventory carrying cost. Companies must balance money held inform of inventory and money required for daily operations. Inventory is treated as an asset in the balance sheet hence attracts taxation from most governments. To cover against loss and damages, insurance premiums are paid. When inventory utilization is slower than expected there is a likely hood of obsolesce. This reduces the actual value of that inventory. There is also storage costs incurred in form of rent or lease of the space stocks are held. Inventory also attracts fixed costs that do not change with the volume of inventory kept. These are calculated as warehousing costs such as utilities and wage (Goldsby et al. 2005)