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Molteni Motors Inc. recently reported $2.25 million of net income. Its EBIT was $6.75 million, and its tax rate was 40%. What was its interest expense? (Hint: Write out the headings for an income statement and then fill in the known values. Then divide $2.25 million net income by 1 − T = 0.6 to find the pre-tax income. The difference between EBIT and taxable income must be the interest expense.) Round your answer to the nearest dollar. Enter your answer in dollars. For example, an answer of $1.2 million should be entered as 1,200,000. Kendall Corners Inc. recently reported net income of $2.2 million and depreciation of $286,000. What was its net cash flow? Assume it had no amortization expense. Enter your answer in dollars. For example, an answer of $1.2 million should be entered as 1,200,000. In its most recent financial statements, Del-Castillo Inc. reported $60 million of net income and $950 million of retained earnings. The previous retained earnings were $932 million. How much in dividends did the firm pay to shareholders during the year? Enter your answer in dollars. For example, an answer of $1.2 million should be entered as 1,200,000. Vigo Vacations has $196 million in total assets, $4.6 million in notes payable, and $23.5 million in long-term debt. What is the debt ratio? Round your answer to two decimal places. Reno Revolvers has an EPS of $1.90, a cash flow per share of $3.80, and a price/cash flow ratio of 10.0. What is its P/E ratio? Round your answer to two decimal places. Needham Pharmaceuticals has a profit margin of 3% and an equity multiplier of 2.5. Its sales are $110 million and it has total assets of $60 million. What is its Return on Equity (ROE)? Round your answer to two decimal places. Assume you are given the following relationships for the Haslam Corporation:
Sales/total assets 1.3

Return on assets (ROA) 4%

Return on equity (ROE) 9%

A. Calculate Haslam’s profit margin. Do not round intermediate calculations. Round your answer to two decimal places.

%

B. Calculate Haslam’s liabilities-to-assets ratio. Do not round intermediate calculations. Round your answer to two decimal places.

%

C. Suppose half of Haslam’s liabilities are in the form of debt. Calculate the debt-to-assets ratio. Do not round intermediate calculations. Round your answer to two decimal places.

%

8. The Nelson Company has $1,625,000 in current assets and $625,000 in current liabilities. Its initial inventory level is $437,500, and it will raise funds as additional notes payable and use them to increase inventory.

a. How much can Nelson’s short-term debt (notes payable) increase without pushing its current ratio below 1.2? Round your answer to the nearest cent.

$

b. What will be the firm’s quick ratio after Nelson has raised the maximum amount of short-term funds? Round your answer to two decimal places.

9. The Morris Corporation has $850,000 of debt outstanding, and it pays an interest rate of 9% annually. Morris’s annual sales are $4.25 million, its average tax rate is 40%, and its net profit margin on sales is 6%. If the company does not maintain a TIE ratio of at least 4 to 1, its bank will refuse to renew the loan and bankruptcy will result. What is Morris’s TIE ratio? Do not round intermediate calculations. Round your answer to two decimal places.

10.

a. What is the future value of a 5%, 5-year ordinary annuity that pays $200 each year? Round your answer to the nearest cent.

b. If this were an annuity due, what would its future value be? Round your answer to the nearest cent.

11. Use both the TVM equations and a financial calculator to find the following values. Round your answers to the nearest cent. (Hint: Using a financial calculator, you can enter the known values and then press the appropriate key to find the unknown variable. Then, without clearing the TVM register, you can “override” the variable that changes by simply entering a new value for it and then pressing the key for the unknown variable to obtain the second answer. This procedure can be used in parts b and d, and in many other situations, to see how changes in input variables affect the output variable.)

A. An initial $200 compounded for 10 years at 9.4 percent.

B. An initial $200 compounded for 10 years at 18.8 percent.

C. The present value of $200 due in 10 years at a 9.4 percent discount rate.

D. The present value of $200 due in 10 years at a 18.8 percent discount rate.

12.

a Find the present values of the following cash flow streams. The appropriate interest rate is 6%. Round your answers to the nearest cent. (Hint: It is fairly easy to work this problem dealing with the individual cash flows. However, if you have a financial calculator, read the section of the manual that describes how to enter cash flows such as the ones in this problem. This will take a little time, but the investment will pay huge dividends throughout the course. Note that, when working with the calculator’s cash flow register, you must enter CF0 = 0. Note also that it is quite easy to work the problem with Excel, using procedures described in the Chapter 4 Tool Kit.)

Year

Cash Stream A

Cash Stream B

1

$100

$300

2

400

400

3

400

400

4

400

400

5

300

100

Stream A $

Stream B $

b. What is the value of each cash flow stream at a 0% interest rate? Round your answers to the nearest cent.

Stream A $

Stream B $

13. While Mary Corens was a student at the University of Tennessee, she borrowed $12,000 in student loans at an annual interest rate of 10.70%. If Mary repays $1,500 per year, how long (rounded up to the nearest year) will it take her to repay the loan?

14. You need to accumulate $10,000. To do so, you plan to make deposits of $1,400 per year – with the first payment being made a year from today – into a bank account that pays 10.6% annual interest. Your last deposit will be less than $1,400 if less is needed to round out to $10,000. How many years will it take you to reach your $10,000 goal? Round your answer up to the nearest whole number.

year(s)

How large will the last deposit be? Round your answer to the nearest cent.Your Response Paper Assignment is based on your reading of School Board Battles, by Melissa M. Deckman. You will need to read this text before beginning to write your paper.: my nursing assignment help
Can you help me understand this Political Science question?

Description
Melissa Deckman’s School Board Battles presents a study of the politics of Christian conservatives’ entry into and service on local school boards. This academic study accompanies extensive media coverage of incidents of controversial school board choices including the elimination of the theory of evolution from science curricula and restructuring of sex education courses to include material and emphasis on abstinence. This book is an important complement for our course material—demonstrating how real-world politics works at the local level, and also how academic political science research proceeds.
Assignment
Choose one substantive chapter from the book (not the introduction, chapter 1, or the conclusion) and write a critical review of the author’s arguments and/or the methods used to study the topic of the chapter and/or the conclusions the author reaches. Your review should take the form of an essay, approximately four to five pages in length (typed, double-spaced, using twelve-point font). The maximum allowable length is six pages. Please see the “Critical Analysis Assignment” document in the Resources section for more information and guidance.
Resources and Direction
The appendix to School Board Battles is an excellent resource for this assignment. It contains the actual surveys that Deckman used to collect her data, as well as a description of the methods she used to conduct her research. Those of you who choose to critique her research design will find these very useful.Write a 3-4 page essay in APA format : Read the essay and answer the following questions. Labor Relations on the Brink in Belgium: A Cautionary Tale for Firms Doing Business in Today’s Europe.
I need an explanation for this Business question to help me study.

Write a 3-4 page essay in APA format (not including the cover page and reference page).

Note that you must conduct research and your paper must have 3 scholarly references. This means that you must locate peer-reviewed articles. Please be sure that you write an essay and do not use a question and answer format.

Read the essay and answer the following questions. Labor Relations on the Brink in Belgium: A Cautionary Tale for Firms Doing Business in Today’s Europe.

1. What is your view of how the company handled this problem? What moral stance does the company seem to be operating from? Did it handle things correctly? Why or why not?

2. What did it do wrong? What were the key problems in its approach to this situation?

3. What is your view of how the employees and unions handled the situation? What could they have done to provide a satisfactory solution to the impasse?

4. What are the policy implications for U.S. firms and those of other countries doing business in Europe, and in Belgium in particular? What specific factors should be considered as they enter and operate in Europe?

Labor Relations on the Brink in Belgium: A Cautionary Tale for Firms Doing Business in Today’s Europe

Brink’s, Incorporated, currently based in Richmond, Virginia, was founded in 1859 in Chicago, Illinois, and is famous for its armored car delivery business. Now one of the largest providers of logistics solutions and secure transport services, it employs 60,000 people in over 150 countries. About three quarters of Brink’s total revenue comes from business outside North America. In fact, about 17% of its 2010 revenue came from France and 40% total from Europe. In principle, the EU is one coordinated economic bloc with free movement of goods and services. For businesses on the ground, especially foreign firms such as Brink’s, features such as taxes, labor costs, and business-related laws vary.

This variance can create challenges and hurdles, as it did for Brink’s in 2010 in its Belgium business. Since the mid-1970s, Brink’s has had two subsidiaries there: a money-making Brink’s diamond delivery business (mostly in the Antwerp diamond district); and Brink’s Belgium, a cash delivery unit that provides services to banks. The latter has been losing money (up to $10 million a year), which the firm has attributed to high labor costs. Belgium does have the highest labor costs in the EU. The percentage of employer-paid social security is 31%, nearly twice that of the United Kingdom (17%). Table 9.4 shows that, as of 2013, some 55% of workers were unionized in Belgium (the fifth highest percentage in Europe). Law also provides for generous and lengthy paid sick leave, severance for a lost job, and full benefits.

Willem Candel, a senior director at Brink’s, characterized the problem: “65% of our costs were labor costs. We were no longer competitive.” In the first half of 2010, the firm had losses of $7 million on $32 million in sales, making it clear to management that something had to be done. Their analysis told them that one thing was driving a good bit of the problems: the nearly 500 staff members who drove the armored cars and serviced the ATMs were classified as white collar (professional) instead of blue collar (hourly/manual labor) This distinction was the result of a late 1800s law that was very favorable to employers and that made Belgium a low-labor-cost country. It was “the China of Europe” at the time. Blue-collar workers were to be paid by the hour, less for overtime, and could be laid off more freely than white-collar employees. Brink’s claimed that its large number of white-collar employees cost the company $4.5 million more per year than if the workers were correctly classified as blue collar. Brink’s claimed that this mistake prevented the company from winning contracts.

While unions continued their efforts to eliminate the job distinctions, Brink’s developed a strategy. In late 2010, it announced a plan to lay off about 60 workers and to reclassify staff from white collar to blue collar. The unions were stunned and announced a strike. Fearing a prolonged union conflict and more losses, Brink’s declared bankruptcy as a way to escape financial problems. Employees of the cash delivery business were laid off, and management moved to the Netherlands. The lucrative diamond delivery business was spun off ahead of bankruptcy proceedings.

The union quickly filed suit, contending that changing employees’ job status and not providing severance pay was illegal. The union’s representative stated that “Brink’s acted as if we wouldn’t be vigilant, but we have lawyers too.” Expert observers say the company probably erred in not providing severance, but Brink’s defended itself, arguing that “we never refused a dialog with the unions … they refused to work.” Those same experts point out that U.S. firms cannot act the same way about a bankruptcy in Europe, with one suggesting that “U.S. law treats employees as unsecured creditors … it’s very different in Europe.”

There is one postscript and a big challenge for Brink’s—a Brussels court recently rejected the firm’s bankruptcy filing. It held that Brink’s had no grounds to turn its more profitable diamond transport business into a new firm ahead of the bankruptcy plea. The court suspended Brink’s license to operate this business. Court-appointed administrators filed a nearly $29 million claim against Brink’s. Brink’s has offered $10 million to employees to drop the suit.DISCUSSION BOARD, International and Humanitarian Disaster Management (SINGLE SPACED)
I’m studying for my Management class and need an explanation.

“Discuss IN DEPTH & DETALS the importance and value of understanding cultural ethics as they are related to international/humanitarian disasters. Similarly, discuss why we as responders must conduct ourselves, and distribute resources ethically.”

* USE reliable resources, Very Important.

* SINGLE spaced.

***Very important professor note “I am interested in reading your thoughts on the various topics. I am not interested in reading what other authors have written.“PHI 205 The concept of tian occurs in both Confucianism and Taoism: nursing coursework help
Help me study for my Philosophy class. I’m stuck and don’t understand.

The concept of tian occurs in both Confucianism and Taoism, but means slightly different things to each. In two solid, well written paragraphs, explain the mean of tian within each tradition. If you use our textbook as souce, no need for a bibliography or works cited page. If you use any additional resources, please cite accordingly.

This assignment contributes to the following learning outcomes, among others.

1. read, write and speak critically and effectively about religious issues.

2. work maturely with diverse and conflicting religious views.

1. identify the basic ideas, practices and institutions of five or more different religions

8. analyze similarities and differences between religions and within the varieties within each religion studied.

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