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PROJ 592 Proj Cost and Schedule Control Week 6 Quiz Set 1 and set 2 Complete A+ Answer

PROJ 592 Proj Cost and Schedule Control Week 6 Quiz Set 1 and set 2 A+ Answer

PROJ 592 Week 6 Quiz
Set 1

1. Question : (TCO B) Crashing Problem

Using the network below and the additional information provided, find:
(a) The crash cost per day per activity?
(b) Which activities should be crashed to meet a project deadline of 12 days at minimum cost?
(c) What is the extra cost to crash the project?
Activity | Normal Time | Crash Time | Normal Cost | Crash Cost |
A | 5 | 3 | $300 | $600 |
B | 3 | 2 | $250 | $450 |
C | 6 | 4 | $400 | $500 |
D | 5 | 3 | $150 | $400 |

2. Question : (TCO F) We have discussed at length the Earned Value Management process. I am sure all of you have used the traditional process of assessing projects where we compare actual dollars spent to the amount we had planned to spend. This was quick and easy, but it has its shortcomings, and the Earned Value Management process is said to be better.

(a) Why is this traditional approach different from using earned value when assessing project performance?
(b) Describe the EVM process used to determine how far our project is ahead of or behind schedule.

3. Question : (TCO E) The following information is extracted from a project to develop a state of the art alternative power energy storage device:
Activity Duration Predecessors Resources
A 4 days — 1 Research Engineer
B 3 days A 1 Marketing Specialist
C 5 days A 1 Design Engineer
D 3 days A 1 Design Engineer
E 3 days B 1 Prototype Builder
F 2 days D 1 Test Engineer
The Owner has stipulated that in order to provide continuity throughout the project, the same individual must handle all activities under his or her discipline. Activities on this project cannot be split.

(a) Identify any resource conflicts in the above project. State the activities involved, the time frame of the conflict(s), which resources(s) are involved, and the quantity required.
(b) Given the owner’s stipulation regarding project continuity, and the need to minimize project duration, how can this conflict be resolved? What will be the effect on the project duration?

4. Question : (TCO F) The following data were obtained from an Information Systems project to upgrade and expand a Local Area Network:
Activity Duration Predecessors Task Budget
A 3 Days — $4,920
B 6 Days — $7,680
C 3 Days A $15,140
D 2 Days B $4,980
E 3 Days B $5,630
F 2 Days C, D $2,270

At the end of Day 7, the status of the project is as follows:
Activity % Complete Actual Cost
A 100% $4,200
B 100% $8,740
C 100% $18,250
D 55% $2,600
E 10% $560
F 0% $0

(a) Calculate the Cost and Schedule Variances and Indexes for tasks A, B, C, D, and E.
(b) As project manager, write a brief summary of the status of the project at this time

5. Question : (TCO E) We have all been associated with projects with resource problems. As a project manager, you will be responsible for resolving these problems. Remember, resources are human and otherwise. If you can name it, it may be a resource.

(a) When there are not enough resources available to fill all the needs in the project plan, what are some specific remedies a project manager can take to complete the project. How does each of these affect the project plan and performance?
(b) Describe 5 of the many benefits to resource leveling.

Set 2

Week 6 : Time and Cost Monitoring and Control Part 2 – Quiz

Question 1. 1. (TCO B) Using the network below and the additional information provided, find
(a) the crash cost per day per activity;
(b) which activities should be crashed to meet a project deadline of 12 days at minimum cost; and
(c) what the extra cost is to crash the project.
Activity Normal Time Crash Time Normal Cost Crash Cost
A 5 3 $300 $350
B 3 2 $250 $325
C 6 4 $400 $700
D 5 3 $150 $200

(Points : 20)

Question 2. 2. (TCO E) The following information is extracted from a project to develop a state-of-the-art alternative power energy storage device.
Activity Duration Predecessors Resources
A 4 days — 1 research engineer
B 3 days A 1 marketing specialist
C 5 days A 1 design engineer
D 3 days A 1 marketing specialist
E 3 days B 1 prototype builder
F 2 days D 1 test engineer

The owner has stipulated that in order to provide continuity throughout the project, the same individual must handle all activities under his or her discipline. Activities on this project cannot be split.

(a) Identify any resource conflicts in the above project. State the activities involved, the days that have conflict(s), which resources are involved, and the quantity required.
(b) Given the owner’s stipulation regarding project continuity and the need to minimize project duration, how can this conflict be resolved? What will be the effect on the project duration? (Points : 20)

Question 3. 3. (TCO F) The following data were obtained from an information systems project to upgrade and expand a local area network.
Activity Duration Predecessors Task Budget
A 3 days — $4,920
B 6 days — $7,680
C 3 days A $15,140
D 2 days B $3,980
E 3 days B $5,630
F 2 days C and D $2,270

At the end of Day 7, the status of the project is as follows.
Activity % Complete Actual Cost
A 100% $4,200
B 100% $8,740
C 100% $18,250
D 75% $2,600
E 10% $560
F 0% $0

(a) Calculate the cost and schedule variances and indexes for Tasks A, B, C, D, and E.
(b) As project manager, write a brief summary of the status of the project at this time. (Points : 20)

Question 4. 4. (TCO B) You are project manager for three different projects.

Project A: This project is behind schedule by 12 weeks. It was to have been completed in 3 months. The sponsor has additional funds to help complete the project on time if needed but does not want to increase risk to the project.
Project B: This project is scheduled to take 28 weeks to complete. You are in the planning stage of the project. You need to reduce the schedule for this project by 9 weeks. This project has a number of predecessors that were created by the project team’s preference. The sponsor insists on having all the work done on time without unduly increasing risk or costs to the project.
Project C: This project is in the execution stage of the project. It is behind schedule by 8 weeks; it was scheduled to be completed in 10 weeks. The sponsor is desperate to accomplish something on this project. The budget is limited to the original amount, and all soft predecessors have already been removed.

For each of the project above, choose an appropriate schedule compression technique. Explain your choice. (Points : 20)

Question 5. 5. (TCO F) Given the following information, calculate the CV, SV, CPI, and SPI for this project. Also provide recommendations to improve the project’s performance if needed.
Activity A: This activity is complete. It was completed in 6 weeks; it was supposed to be completed in 5 weeks. The original budget for this activity was $400,000; in the end, it cost $450,000.

Activity B: This activity is 50% complete. Its original budget was $100,000. The costs to date are $55,000. The original project plan had this activity scheduled for 5 weeks; currently it is entering its third week.

Activity C: This activity is 75% complete. Its costs so far are $100,000. It is entering Week 4 of 5. It was planned to cost $100,000 when completed.

Activity D: This activity is not started yet; it will start in 2 weeks. It is planned to cost $400,000. Its costs to date are $0. (Points : 20)

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PROJ 592 week 6 Quiz

FIN 515 Managerial Finance Week 5 Risk, Return, and the Capital Asset Pricing Model Quiz A+ Complete Answer

FIN 515 Managerial Finance Week 5 Risk, Return, and the Capital Asset Pricing Model Quiz Answer

FIN 515 Managerial Finance Week 5 Risk, Return, and the Capital Asset Pricing Model Quiz Answer

Week 5 Risk, Return, and the Capital Asset Pricing Model Quiz

Question 1. Which of the following statements is correct?
If a project with normal cash flows has an IRR greater than the WACC, the project must also have a positive NPV.
If Project A’s IRR exceeds Project B’s, then A must have the higher NPV.
A project’s MIRR can never exceed its IRR.
If a project with normal cash flows has an IRR less than the WACC, the project must have a positive NPV.
If the NPV is negative, the IRR must also be negative

Question 2. (TCO C) Company A has a beta of 2.77. Company B has a beta of .73. Company C has a beta of .90. The risk free rate is 6% and the market risk premium is 4%. What is the expected return of investing in Company B?

Question 3. Your stock portfolio consists of only two stocks. You have $30,000 in Company A and $35,000 in Company B. Company A has an actual return of -8% and Company B has a return of 12%. What is the return on your portfolio?

Question 4.
Division Asset Beta Next Period’s Expected Free Cash
Flow ($mm) Expected Growth Rate
Oil Exploration 1.4 450 4.0%
Oil Refining 1.1 525 2.5%
Gas and Convenience Stores 0.8 600 3.0%
The risk-free rate of interest is 3% and the market risk premium is 5%.

Which is the cost of capital for the oil exploration division closest to?
A) 6.0%
B) 7.0%
C) 8.5%
D) 10.0%

Question 5. (TCO E) A company has a capital structure of 40% debt and 60% equity. The YTM on the company’s bonds is 9%, and the company’s effective tax rate is 40%. The CFO has estimated the company’s WACC to be 9.96%. What is the company’s cost of equity?

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FIN 515 Managerial Finance Week 5 Risk, Return, and the Capital Asset Pricing Model Quiz  Answer

PROJ 592 Proj Cost and Schedule Control Week 5 Earned_Value_Assignment_A+ Complete Answers

PROJ 592 Proj Cost and Schedule Control Week 5 Earned_Value_Assignment_Answers

Problems 5-1 through 5-2
5-1 Earned Value Calculation
Your project has four activities. Below is the current status of each activity.
Activity A was to have cost $150,000 when complete. Its costs so far are $45,000. It is 35% complete. The activity has completed 5 weeks of a planned 15-week schedule.

Activity B is at the end of week 2 of a planned 4-week effort. It is 45% complete. It was to cost $100,000 when finished. Its costs to date are $50,000.

Activity C is finished. It finished 2 weeks late. It cost $100,000. And it was planned to have cost $110,000.

Activity D is beginning its fourth of a planned 6-week schedule. It has cost $200,000 so far. It was estimated to cost $450,000 when finished. It is approximately 55% complete.

Using this data, calculate the following.

1. What are the PV, EV, and AC for each of the activities and the complete project?
2. What are the SV, CV, SPI, and CPI for each of the activities and the complete project?
3. Assess the project performance to date? Do you get to have the celebration?

5-2 Earned Value Calculation

Your project has four activities. Below is the current status of each activity.
Activity A was to have cost $250,000 when complete. Its costs so far are $165,000. It is 50% complete. The activity has completed 7 weeks of a planned 15-week schedule.

Activity B is at the end of week 2 of a planned 4-week effort. It is 65% complete. It was to cost $190,000 when finished. Its costs to date are $150,000.

Activity C is finished. It finished 2 weeks late. It cost $200,000. And it was planned to have cost $250,000.

Activity D is at the end of its fourth of a planned 6-week schedule. It has cost $350,000 so far. It was estimated to cost $500,000 when finished. It is approximately 55% complete.

Using this data, calculate the following.

1. What are the PV, EV, and AC for each of the activities and the complete project?
2. Calculate the CV, SV, CPI, and SPI for each activity and the total project.
3. What is your assessment of the project at this time?

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PROJ 592 Earned Value

Assignment 1 Trends in the Workplace Complete A+ Answer

Assignment 1 Trends in the Workplace Complete A+ Answer

Assignment 1 Trends in the Workplace Complete A+ Answer

Assignment 1: Trends in the Workplace: According to the text, there are a number of key trends in the workplace that have significant influences on organizations. HR professionals play a key role in helping organizations respond to evolving trends, comply with federal and state regulations, and manage workplace flexibility. As an HR professional it is important for you to demonstrate your understanding of the ever changing global environment. Write a four 4 pages paper in which you:
1.Specify the key functional areas of Human Resources Management. Explore the manner in which each function contributes to the overall performance of an organization. Support your response with specific examples of the activities for which HRM is typically responsible.
2.Examine three (3) federal equal employment opportunity laws. Suggest the primary manner in which each law influences fair employment practices within the organization where you currently work or an organization for which you have worked in the past. Support your response with specific examples of the chosen organization’s employment practices.
3.According to the text, there are three (3) significant trends affecting organizations today: the aging workforce, diversity, and skills deficiencies in the workplace. Analyze the primary manner in which each of these three (3) trends has impacted the organization where you currently work or one (1) where you have worked in the past. Support your response with specific examples of said impact.
4.According to the text, workplace flexibility is essential for organizational success in the rapidly changing world. Explore two (2) ways that the organization where you currently work, or one (1) where you have worked in the past, might respond to the need to be flexible. Provide a rationale for your response.
5.Use at least three (3) quality academic resources in this assignment. Note: Wikipedia and other Websites do not qualify as academic resources.

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Assignment 1 Trends in the Workplace

HRM 533 Week 6 Assignment 3 Total Rewards System Answer

HRM 533 Week 6 Assignment 3 Total Rewards System Answer

HRM 533 Week 6 Assignment 3 Total Rewards System Answer

This research-based assignment focuses on the latest available information about creating, organizing, and managing a total rewards program. Envision a service-based (insurance, telemarketing, or other) profit organization that employs 20,000 employees in 17 different countries. There are 2,000 management-level individuals who speak a variety of languages. The company employs diverse individuals who are governed by multiple regulatory environments.
Write an eight to ten (4-5) page paper in which you:
1.Create a brief overview of the company requirements for a total rewards system.
2.Formulate a total rewards strategy to encompass the fundamentals of compensation and the regulatry environments.
3.Explain the advantages of the total rewards strategy you are proposing and how it might satisfy the employees� needs.
4.Determine the key communication components of the total rewards system.
5.Indicate your strategy for devising a competitive pay structure.
6.Use at least five (5) quality academic resources in this assignment. Note: Wikipedia and other Websites do not quality as academic resources.
Your assignment must follow these formatting requirements:
1. Be typed, single spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.

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HRM 533 Week 6 Assignment 3 Total Rewards System Answer

LAS 432_Week_5_Tech Society and Culture_Mid Term_A+_ALL 3 Sets_Exams Answer

LAS 432_Week_5_Tech Society and Culture_Mid Term_A+_ALL 3 Sets_Exams Answer

LAS 432_Week_5_Tech Society and Culture_Mid Term_A+_ALL 3 Sets_Exams Answer

1. Question : (TCO 1) The Neolithic Revolution was a result of

Student Answer: controlled planting of crops.

domestication of animals.

development of irrigation systems.

All of the above.

Instructor Explanation: See the Week 1 Lecture.

Points Received: 0 of 5
Comments:

2. Question : (TCO 1) Francis Bacon argued that scientific method differed from logic and mathematics in that

Student Answer: science begins with general theory then moves to phenomena.

logic begins with phenomena then moves to general conclusions.
mathematics moves from the specific to the theory.

scientific inquiry starts with the phenomena and ends in theory.

Instructor Explanation: See the Week 1 Lecture.

Points Received: 5 of 5
Comments:

3. Question : (TCOs 2 & 8) Rapid urbanization in Britain during the 19th century was the result of

Student Answer: new enclosure laws in rural areas.

a shift from household production to factory production.

a growing dependence upon steam power.

All of the above.

Instructor Explanation: See the Week 2 Lecture.

Points Received: 5 of 5
Comments:

4. Question : (TCOs 2 & 8) The introduction of four uniform time zones in the United States was a direct result of

Student Answer: the widespread introduction of mechanical clocks from China.

the loss of influence of the Catholic church.

the impact of a fully integrated railroad system.

the growth of commercialized farming in the 20th century.

Instructor Explanation: See the textbook, page 43.

Points Received: 5 of 5
Comments:

5. Question : (TCO 4) Which of the following is NOT a characteristic of Wiki art?

Student Answer: It is dynamic and ever-changing.

It is collaborative.

It can involve music, poetry, video, and stories.

It relies on the talents of trained professional artists.

Instructor Explanation: See the Week 4 Lecture.

Points Received: 5 of 5
Comments:

6. Question : (TCO 4) According to Winner, the use of computer technologies to supervise workers is

Student Answer: an inevitable consequence of technical changes.

a reflection of a political relationship.

necessary in a modern world.

preferred by workers over a human supervisor.

Instructor Explanation: See the textbook, page 86.

Points Received: 0 of 5
Comments:

7. Question : (TCO 8): The most culturally influential class in Industrial Britain was

Student Answer: the urban proletariat.

the land-owning aristocracy.

the growing number of factory workers.

the wealthy middle classes.

Instructor Explanation: See the Week 2 Lecture.

Points Received: 5 of 5
Comments:

8. Question : (TCO 11) Which of the following is NOT a scholarly resource?

Student Answer: Journal of the American Medical Association

http://journalofaccountancy.com

Chicago Tribune

www.econlib.org

Instructor Explanation: See the Week 1 Tutorial.

Points Received: 5 of 5
Comments:

9. Question : (TCO 12) Bill Joy argues that the most dangerous aspect of GNR technologies is

Student Answer: that they require rare and expensive materials.

that developers need access to highly protected information.

they are only in the hands of a few.

their ability to self-replicate.

Instructor Explanation: See the textbook, page 293.

Points Received: 5 of 5
Comments:

10. Question : (TCO 12) The unintended effects of e-mail are

Student Answer: social isolation.

blurring of our public and private lives.

increased threats to privacy.

All of the above

Instructor Explanation: See the Week 3 Lecture.

Points Received: 5 of 5
Comments:

Page: 1 2

1. Question : You must complete all three essays. These essays are worth 50 points each, so please take the time to think through your answers and review them before submitting.

These essays should be a minimum of five paragraphs in length each. They should contain a clear thesis statement in the first paragraph (an answer to the question!). Make sure your explanation is clear and that you provide specific examples. Any quotes from the readings or external materials must include quotation marks and an in-text citation. Failure to identify quoted material could result in a 0 for the exam and a formal academic dishonesty charge.

(TCOs 1 & 2) Why does Cowan believe it is important to examine technologies in the context of technological systems? What advantage does this broader perspective give to planners? Give a specific current technological example (not it the reading) in support of your answer.

(TCOs 4 & 8) Identify two authors from your readings and compare their views on the impact of technology on a culture. To what degree does each author see the technology affecting social change? Were there special interests involved in the decision making concerning the development and use of the technology? Provide specific examples

(TCOs 3 & 4) How have changes in technology affected the recording industry and our understanding of what it means to be a professional musician? How have changes in technology affected our access to recorded music and the control exercised by traditional distributors? How will all these changes affect cultural trends and our expectations of music as an art form? Provide specific examples.

Set 2:

1. (TCO 1) The Neolithic Revolution was a result of (Points : 5)
controlled planting of crops.
domestication of animals.
development of irrigation systems.
All of the above.

2. (TCO 1) Francis Bacon argued that scientific method differed from logic and mathematics in that
(Points : 5)
science begins with general theory then moves to phenomena.
logic begins with phenomena then moves to general conclusions.
mathematics moves from the specific to the theory.
scientific inquiry starts with the phenomena and ends in theory.

3. (TCOs 2 & 8) Edgerton counters the theory of distinct successive technological revolutions by explaining that
(Points : 5)
the expansion of agricultural production has coincided with the growth of modern services.
the revolutionary nature of each leap forward was rooted in political instability.
the information highway has replaced shipping in importance in the Chinese economy.
the decrease in agricultural production has coincided with a decrease in industry.

4. (TCOs 2 & 8) The introduction of four uniform time zones in the United States was a direct result of
(Points : 5)
the widespread introduction of mechanical clocks from China.
the loss of influence of the Catholic church.
the impact of a fully integrated railroad system.
the growth of commercialized farming in the 20th century.

5. (TCO 4) In Wiki art, the artist is (Points : 5)
a trained professional with computer skills.
acknowledged for each individual contribution.
anyone who collaborates on creating and recreating a piece.
usually a CGI expert.

6. (TCO 4) According to Winner, the design of a hoe (el cortito), reflects a political relationship because
(Points : 5)
it was specifically designed for use by women.
its design was patented by commercial farming interests.
it was used only by laborers on cotton plantations.
the handle was intentionally made short to let supervisors know who wasn’t working.

7. (TCO 8): The most culturally influential class in Industrial Britain was (Points : 5)
the urban proletariat.
the land-owning aristocracy.
the growing number of factory workers.
the wealthy middle classes.

8. (TCO 11) Which of the following is NOT a scholarly resource? (Points : 5)
Journal of the American Medical Association

http://journalofaccountancy.com

Chicago Tribune
www.econlib.org

9. (TCO 12) Bill Joy compares the threat of self-replicating nanotechnology with
(Points : 5)
the use of living cells in genetic engineering.
the use of uranium in nuclear weapons.
the threat of neo-Luddites.
the proliferation of chemical weapons.

10. (TCO 12) The term nanotechnology was first used to refer to (Points : 5)
genetically engineered crops.
production technology.
communication between multiple cells.
early personal computers.

TCOs 1 & 2) Do you agree with the assertion that we are now living in a third-great technological transformation-the Knowledge Revolution? Have computers truly changed our lives so much that we can call this a revolution like the Industrial Revolution of the 18th century? Support your answer providing specific comparisons from the two periods. (Points : 50)

2. (TCOs 4 & 8) Identify two authors from your readings and compare their views on the impact of technology on a culture. To what degree does each author see the technology affecting social change? Were there special interests involved in the decision making concerning the development and use of the technology? Provide specific examples. (Points : 50)

3. (TCOs 3 & 4) Has the development of digital technologies democratized the art of photography? How has this affected our appreciation of the photographer as artist and photography as an art form? Explain using specific examples. (Points : 50)

Set 3:

Grade Details – All Questions
Page: 1 2

1. Question : (TCO 1) The Neolithic Revolution was a result of

Student Answer: controlled planting of crops.

domestication of animals.

development of irrigation systems.

All of the above.

Instructor Explanation: See the Week 1 Lecture.

Comments:

2. Question : (TCO 1) Landes argues that the invention of spectacles in Europe not only made it possible for craftsmen to work longer, it also

Student Answer: pushed Arabic cultures to develop fine instruments.

encouraged the move to replication in Europe.

led to the invention of the telescope in 1300.

led to the development of the printing press in China.

Instructor Explanation: See the textbook, page 30.

Comments:

3. Question : (TCOs 2 & 8) Edgerton counters the theory of distinct successive technological revolutions by explaining that

Student Answer: the expansion of agricultural production has coincided with the growth of modern services.
the revolutionary nature of each leap forward was rooted in political instability.
the information highway has replaced shipping in importance in the Chinese economy.
the decrease in agricultural production has coincided with a decrease in industry.
Instructor Explanation: See the textbook, page 66.

Comments:

4. Question : (TCOs 2 & 8) Although telephone systems had much in common with telegraph systems, telephone technology was a more social technology because

Student Answer: the telephone was a user-to-user technology.

the telegraph required trained interpreters as intermediaries.

the telegraph networked businesses and agencies.

All of the above.

Instructor Explanation: See the textbook, page 47.

Points Received: 5 of 5
Comments:

5. Question : (TCO 4) Which of the following is NOT a characteristic of Wiki art?

Student Answer: It is dynamic and ever-changing.

It is collaborative.

It can involve music, poetry, video, and stories.

It relies on the talents of trained professional artists.

Instructor Explanation: See the Week 4 Lecture.

Points Received: 5 of 5
Comments:

6. Question : (TCO 4) Winner argues that some technologies have become so fully integrated in our society that they have actually taken on social roles. An example of this would be

Student Answer: a telephone answering machine.

a computerized surveillance system.

‘el cortito’.

All of the above.

Instructor Explanation: See the textbook, pages 85-88.

Points Received: 5 of 5
Comments:

7. Question : (TCO 8): The most culturally influential class in Industrial Britain was

Student Answer: the urban proletariat.

the land-owning aristocracy.

the growing number of factory workers.

the wealthy middle classes.

Instructor Explanation: See the Week 2 Lecture.

Points Received: 5 of 5
Comments:

8. Question : (TCO 11) Which of the following is considered a scholarly resource?

Student Answer: Chicago Tribune

Journal of the American Medical Association

Dr. Phil

www.nbc.com

Instructor Explanation: See the Week 1 Tutorial.

Points Received: 5 of 5
Comments:

9. Question : (TCO 12) Bill Joy compares the threat of self-replicating nanotechnology with

Student Answer: the use of living cells in genetic engineering.

the proliferation of the microwave oven.

the threat of neo-Luddites.

el cortito.

Instructor Explanation: See the textbook, page 293.

Comments:

10. Question : (TCO 12) The term nanotechnology was first used to refer to

Student Answer: genetically engineered crops.

production technology.

communication between multiple cells.

early personal computers.

Instructor Explanation: See the Week 3 Lecture.

Page: 1 2

– All Questions
Page: 1 2

1. Question : You must complete all three essays. These essays are worth 50 points each, so please take the time to think through your answers and review them before submitting.

These essays should be a minimum of five paragraphs in length each. They should contain a clear thesis statement in the first paragraph (an answer to the question!). Make sure your explanation is clear and that you provide specific examples. Any quotes from the readings or external materials must include quotation marks and an in-text citation. Failure to identify quoted material could result in a 0 for the exam and a formal academic dishonesty charge.

(TCOs 1 & 2) Do you agree with the assertion that we are now living in a third-great technological transformation-the Knowledge Revolution? Have computers truly changed our lives so much that we can call this a revolution like the Industrial Revolution of the 18th century? Support your answer providing specific comparisons from the two periods.

Comments:

2. Question : (TCOs 4 & 8) Identify two authors from your readings and compare their views on the impact of technology on a culture. To what degree does each author see the technology affecting social change? Were there special interests involved in the decision making concerning the development and use of the technology? Provide specific examples.

Instructor Explanation:

Comments:

3. Question : (TCOs 3 & 4) How have changes in communications technologies affected how we write and what we write? How do wikis and blogs compare to traditional forms such as textbooks and newspaper editorials? Please be specific.

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FIN 370 Week 4 Team Assignment Caledonia A+ Complete Answer

FIN 370 Week 4 Team Assignment Caledonia is considering two additional mutually exclusive projects_Answer


Q: Caledonia Products Integrative Problem
12.Caledonia is considering two additional mutually exclusive projects. The cash flowsassociated with these projects are as follows:
YEAR PROJECT A PROJECT B0 -$100,000 -$100,0001 32,000 02 32,000 03 32,000 04 32,000 05 32,000 $200,000
The required rate of return on these projects is 11 percent.
a.
What is each project’s payback period?
b.
What is each project’s net present value?
c.
What is each project’s internal rate of return (IRR)?
d.
What has caused the ranking conflict?
e.
Which project should be accepted? Why?

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FIN 516 Advanced Managerial Finance Week 4 Quiz A+ Answer

FIN 516 Advanced Managerial Finance Week 4 Quiz Answer

FIN 516 Advanced Managerial Finance Week 4 Quiz Answer
1. Question : (TCO C) Blease Inc. has a capital budget of $625,000, and it wants to maintain a target capital structure of 60 percent debt and 40 percent equity. The company forecasts a net income of $475,000. If it follows the residual dividend policy, what is its forecasted dividend payout ratio?
(a) 40.61%
(b) 42.75%
(c) 45.00%
(d) 47.37%
(e) 49.74%

2. Question : (TCO F) Chocolate Factory’s convertible debentures were issued at their $1,000 par value in 2009. At any time prior to maturity on February 1, 2029, a debenture holder can exchange a bond for 25 shares of common stock. What is the conversion price, Pc?
(a) $40.00
(b) $42.00
(c) $44.10
(d) $46.31
(e) $48.62

3. Question : (TCO B) Ang Enterprises has a levered beta of 1.10, its capital structure consists of 40 percent debt and 60 percent equity, and its tax rate is 40 percent. What would Ang’s beta be if it used no debt, i.e., what is its unlevered beta?
(a) 0.64
(b) 0.67
(c) 0.71
(d) 0.75
(e) 0.79

4. Question : (TCO B) Firm L has debt with a market value of $200,000 and a yield of nine percent. The firm’s equity has a market value of $300,000, its earnings are growing at a rate of five percent, and its tax rate is 40 percent. A similar firm with no debt has a cost of equity of 12 percent. Under the MM extension with growth, what is Firm L’s cost of equity?
(a) 11.4%
(b) 12.0%
(c) 12.6%
(d) 13.3%
(e) 14.0%

5. Question : (TCO A) Which of the following statements is CORRECT?
(a) An option’s value is determined by its exercise value, which is the market price of the stock less its striking price. Thus, an option can’t sell for more than its exercise value.
(b) As the stock’s price rises, the time value portion of an option on a stock increases because the difference between the price of the stock and the fixed strike price increases.
(c) Issuing options provides companies with a low cost method of raising capital.
(d) The market value of an option depends in part on the option’s time to maturity and also on the variability of the underlying stock’s price.
(e) The potential loss on an option decreases as the option sells at higher and higher prices because the profit margin gets bigger.

6. Question : (TCO F) Suppose the September CBOT Treasury bond futures contract has a quoted price of 89-09. What is the implied annual interest rate inherent in this futures contract? Assume this contract is based on a 20 year Treasury bond with semi-annual interest payments. The face value of the bond is $1000, and the semi-annual coupon payments are $30. The annual coupon rate on the bonds is $60 per bond (or 6%). The futures contract has 100 bonds.
(a) 6.32%
(b) 6.65%
(c) 7.00%
(d) 7.35%
(e) 7.72%

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FIN 516 Week 4

MGMT 592 Leadership in the 21st Century week 4 Mid Term Answer

MGMT 592 Leadership in the 21st Century week 4 Mid Term Answer

1. (TCO A) Read the case “Steve Jobs – Apple,” pages 24-25. Which of the leadership theory classifications do you see apply to this case? Which one do you consider as most relevant? Explain your choice.

2. (TCO A) Compare and contrast the trait and behavioral leadership theories.

3. (TCO B) Explain the types of reinforcement, and how each is applied.

4. TCO C) Compare and contrast the position and personal power.

5. TCO H) How would you provide feedback, and why?

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Week 4

ACCT 505 Managerial Accounting Week 4 Mid Term Exam A+ Answer

ACCT 505 Managerial Accounting Week 4 Mid Term Exam A+ Answer

ACCT 505 Managerial Accounting Week 4 Mid Term Exam A+ Answer

Set 1

1. Question : (TCO A) Wages paid to an assembly line worker in a factory are a

: Prime Cost YES…..Conversion Cost NO.

Prime Cost YES…..Conversion Cost YES.

Prime Cost NO….Conversion Cost NO.

Prime Cost NO…..Conversion Cost YES.

2. Question : (TCO A) A cost incurred in the past that is not relevant to any current decision is classified as a(n)

: period cost.

incremental cost.

opportunity cost.

None of the above

3. Question : (TCO A) Depreciation of office buildings and office equipment is also known as

: variable costs.

conversion costs.

product costs.

period costs.

4. Question : (TCO A) When the activity level is expected to increase within the relevant range, what effects would be anticipated with respect to each of the following?

: Fixed costs per unit increase and variable costs per unit increase.
Fixed costs per unit decrease and variable costs per unit do not change.
Fixed costs per unit do not change and variable costs per unit do not change.
Fixed costs per unit do not change and variable costs per unit increase.

5. Question : (TCO F) Which of the following statements is true?
I. Overhead application may be made slowly as a job is worked on.
II. Overhead application may be made in a single application at the time of completion of the job.
III. Overhead application should be made to any job not completed at year end in order to properly value the work in process inventory.

: Only statement I is true.

Only statement II is true.

Both statements I and II are true.

Statements I, II, and III are all true.

6. Question : (TCO F) A job-order cost system is employed in those situations where

: many different products, jobs, or batches of production are being produced each period.
manufacturing involves a single, homogeneous product that flows evenly through the production process on a continuous basis.
the product moves from department to department before being completed.
the unit cost of production is computed by dividing the total production costs by the number of units produced.

7. Question : (TCO F) The FIFO method only provides a major advantage over the weighted-average method in that

: the calculation of equivalent units is less complex under the FIFO method.
the FIFO method treats units in the beginning inventory as if they were started and completed during the current period.
the FIFO method provides measurements of work done during the current period.
the weighted-average method ignores units in the beginning and ending work-in-process inventories.

8. Question : (TCO B) The contribution margin ratio always decreases when the

: break-even point increases.

break-even point decreases.

variable expenses as a percentage of net sales increase.

variable expenses as a percentage of net sales decrease.

9. Question : (TCO B) Which of the following would not affect the break-even point?

: Number of units sold

Variable expense per unit

Total fixed expenses

Selling price per unit

10. Question : (TCO E) In an income statement prepared using the variable costing method, variable selling and administrative expenses would

: be used in the computation of the contribution margin.

be used in the computation of net operating income but not in the computation of the contribution margin.
be treated differently from variable manufacturing expenses.

not be used.

1. Question : (TCO A) The following data (in thousands of dollars) have been taken from the accounting records of Larop Corporation for the just-completed year:
Sales……………………………………………………………………… $910
Purchases of raw materials………………………………………… $225
Direct labor…………………………………………………………….. $245
Manufacturing overhead……………………………………………. $265
Administrative expenses……………………………………………. $150
Selling expenses………………………………………………………. $140
Raw materials inventory, beginning………………………………. $15
Raw materials inventory, ending………………………………….. $45
Work-in-process inventory, beginning…………………………… $20
Work-in-process inventory, ending………………………………. $55
Finished goods inventory, beginning…………………………….. $100
Finished goods inventory, ending………………………………… $135
Required: Prepare a Schedule of Cost of Goods Manufactured in the text box below.

2. Question : (TCO F) The Illinois Company manufactures a product that goes through three processing departments. Information relating to activity in the first department during June is given below.
Percentage Completed
Units Materials Conversion
Work in process, June 1 150,000 75% 55%
Work in process, Jun 30 145,000 85% 75%
The department started 475,000 units into production during the month and transferred 480,000 completed units to the next department.
Required: Compute the equivalent units of production for the first department for June, assuming that the company uses the weighted-average method of accounting for units and costs.

3. Question : (TCO B) A tile manufacturer has supplied the following data:
Boxes of tile produced and sold 625,000
Sales revenue $2,975,000
Variable manufacturing expense $1,720,000
Fixed manufacturing expense $790,000
Variable selling and admin expense $152,000
Fixed selling and admin expense $133,000
Net operating income $180,000
Required:
a. Calculate the company’s unit contribution margin.
b. Calculate the company’s unit contribution ratio.
c. If the company increases its unit sales volume by 5% without increasing its fixed expenses, what would the company’s net operating income be?

4. Question : (TCO E) Lehne Company, which has only one product, has provided the following data concerning its most recent month of operations:
Selling price $ 125

Units in beginning inventory 600
Units oroduced 3000
Units sold 3500
Units in ending inventory 100

Variable costs per unit:
Direct materials $ 15
Direct labor $ 50
Variable manufacturing overhead $ 8
Variable selling and admin $ 12

Fixed costs:
Fixed manufacturing overhead $ 75,000
Fixed selling and admin $ 20,000
The company produces the same number of units every month, although the sales in units vary from month to month. The company’s variable costs per unit and total fixed costs have been constant from month to month.
Required:

a. What is the unit product cost for the month under variable costing?
b. What is the unit product cost for the month under absorption costing?
c. Prepare an income statement for the month using the variable costing method.
d. Prepare an income statement for the month using the absorption costing method.

Set 2

1.(TCO A) Wages paid to an assembly line worker in a factory are a (Points : 6)

( ) Prime Cost YES…..Conversion Cost NO.
( ) Prime Cost YES…..Conversion Cost YES.
( ) Prime Cost NO….Conversion Cost NO.
( ) Prime Cost NO…..Conversion Cost YES.
Question 2. The costs of staffing and operating the accounting department at Central Hospital would be considered by the Department of Surgery to be (Points : 6)
( ) direct costs.
( ) sunk costs.
( ) incremental costs.
( ) None of the above

3. Question : (TCO A) Property taxes on a company’s factory building would be classified as a(n):

sunk cost
opportunity cost
period cost
variable cost
manufacturing cost

Question 4. 4. (TCO A) When the activity level is expected to increase within the relevant range, what effects would be anticipated with respect to each of the following? (Points : 6)
( ) Fixed costs per unit increase and variable costs per unit increase.
( ) Fixed costs per unit decrease and variable costs per unit do not change.
( ) Fixed costs per unit do not change and variable costs per unit do not change.
( ) Fixed costs per unit do not change and variable costs per unit increase.

5. Question : (TCO F) Which of the following statements is true?
I. Overhead application may be made slowly as a job is worked on.
II. Overhead application may be made in a single application at the time of completion of the job.
III. Overhead application should be made to any job not completed at year-end in order to properly value the work in process inventory.

Only statement I is true
Only statement II is true
Both statements I and II are true
Statements I, II, and III are all true

Question 6. 6. (TCO F) A job-order cost system is employed in those situations where (Points : 6)
( ) many different products, jobs, or batches of production are being produced each period.
( ) manufacturing involves a single, homogeneous product that flows evenly through the production process on a continuous basis.
( ) the product moves from department to department before being completed.
( ) the unit cost of production is computed by dividing the total production costs by the number of units produced.

Question 7. 7. (TCO F) Equivalent units for a process costing system using the FIFO method would be equal to (Points : 6)
( ) units completed during the period, plus equivalent units in the ending work-in-process inventory.
( ) units started and completed during the period, plus equivalent units in the ending work-in-process inventory.
( ) units completed during the period and transferred out.
( ) units started and completed during the period, plus equivalent units in the ending work-in-process inventory, plus work needed to complete units in the beginning work-in-process inventory.

Question 8. 8. (TCO B) The contribution margin ratio always increases when the (Points : 6)
( ) break-even point increases.
( ) break-even point decreases.
( ) variable expenses as a percentage of net sales decrease.
( ) variable expenses as a percentage of net sales increase.

9. Question : (TCO B) Which of the following would not affect the break-even point?

( ) number of units sold
variable expense per unit
total fixed expenses
selling price per unit

Question 10. 10. (TCO E) Under variable costing (Points : 6)
( ) net operating income will tend to move up and down in response to changes in levels of production.
( ) inventory costs will be lower than under absorption costing.
( ) net operating income will tend to vary inversely with production changes.
( ) net operating income will always be higher than under absorption costing.

Page 2

Question 1. 1. (TCO A) The following data (in thousands of dollars) have been taken from the accounting records of Larden Corporation for the just-completed year.
Sales $950
Purchases of raw materials $170
Direct labor $210
Manufacturing overhead $220
Administrative expenses $180
Selling expenses $140
Raw materials inventory, beginning $70
Raw materials inventory, ending $80
Work-in-process inventory, beginning $30
Work-in-process inventory, ending $20
Finished goods inventory, beginning $100
Finished goods inventory, ending $70
Required: Prepare a Schedule of Cost of Goods Manufactured statement in the text box below.
(Points : 15)

Question 2. 2. (TCO F) The Illinois Company manufactures a product that goes through three processing departments. Information relating to activity in the first department during June is given below.
Percentage Completed
Units Materials Conversion
Work in process, June 1 150,000 75% 55%
Work in process, Jun 30 145,000 85% 75%
The department started 475,000 units into production during the month and transferred 480,000 completed units to the next department.
Required: Compute the equivalent units of production for the first department for June, assuming that the company uses the weighted-average method of accounting for units and costs.

3. Question : (TCO B) Drake Company’s income statement for the most recent year appears below:
Sales (45,000 units) $1,350,000
Less: Variable expenses 750,000
Contribution margin 600,000

Less: Fixed expenses 375,000
Net operating income $225,000
Required:
a. calculate the unit contribution margin
b. calculate the break-even point in dollars

Question 4. 4. (TCO E) The Dean Company produces and sells a single product. The following data refer to the year just completed:
Selling price $450

Units in beginning Inventory 0
Units produced 25,000
Units sold 22,000

Variable costs per unit:
Direct materials $ 200
Direct labor $ 50
Variable manufacturing overhead $ 30
Variable selling and admin $ 15

Fixed Costs:
Fixed manufacturing overhead $ 275,000
Fixed selling and admin $ 230,000
Assume that direct labor is a variable cost.
Required:
a. Compute the cost of a single unit of product under both the absorption costing and variable costing approaches.
b. Prepare an income statement for the year using absorption costing.
c. Prepare an income statement for the year using variable costing.
(Points : 30)

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ACCT 505 Mid terms both sets