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Individual Project: 8/24

You are the chief financial officer (CFO) at a community hospital. One of the comments that have come back from patient surveys is the need for a commercial 24-hour pharmacy within the hospital. In this way, patients or their families will be able to fill prescriptions and begin taking ordered medication right away instead of waiting until the following day. The chief executive officer (CEO) wants you to create a proposal for the first 3 months of operation utilizing the time value of money tools for the development of this new revenue-generating department.

The following points must be covered in your proposal:

? Include and discuss the need for working capital to include 2 months of startup drug inventory, vendor financing arrangements, personnel costs including salaries and benefits, renovations, disposable supplies, and cost of equipment

? Provide 2 viable options to measure the rate of return to optimize the financial performance of the department based on time value principles with rationale and justification. ? Include a profitability analysis for 3 years.

? Include a schedule of assumptions for your proposal. What questions might the board ask regarding the feasibility of this proposal?

? How might current changes in federal, state, and local policies influence decisions to be made? For a resource guide on using the online library to search for references, click here.

The body of the resultant paper should be 4 – 5 pages and should include at least 5 relevant academic or professional references published in the past 5 years.

 

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Ethics Review Questions

Test 1

1. What are the main branches of Philosophy? Distinguish them from each other.

2. Give 3 examples each of metaphysical, epistemological and ethical questions.

3. What is a morally permissible act? How is this different from an obligatory act? An impermissible act? A supererogatory act? Might a supererogatory act be morally impermissible?

4. What is moral objectivism? How is it different from moral subjectivism? Who is a moral relativist? How is she different from a moral conventionalist? Is a genuine moral disagreement possible with moral relativism? Explain.

5. Who is an amoralist? How is he different from the moralist and the immoralist? Might a nihilist be a moralist? Explain.

6. Who are the Sophists? Name three Sophists. What are their individual claims? What are the similarities between their views? What are the differences?

7. Is Socrates a Sophist? What about Plato? Explain fully.

8. Would Socrates agree that ‘man is the measure of all things?’ If not, what would be the measure of all things for him? Explain.

9. Describe Plato’s notion of the Self (human soul). Explain its structural similarities and differences to his notion of the ideal state. Who is an ideal person for Plato?

10. In Plato’s ideal state, explain the different roles performed by its various groups and or classes. Do you agree with Plato’s view of the philosopher-king?

 

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The proposal should address a counseling need typical (or atypical if justified) of a school counseling setting. This will be informed by a culmination of course and EG activities, course and outside readings, personal and professional experiences and 10 scholarly references. You should describe an issue of importance to you and your professional school counseling career goals. Students are encouraged to explore educational or therapeutic groups

a. Present a rationale for the group. Conceptualize the problem or issue by describing some possible contributing factors, and paradigm shifts that may be needed. （make up a more specific case scenario about a group of ESL students, who struggle with English language that affect academic performance）

b. Describe the specific population (e.g. high school students, ESL student who just immigrant, first language is not English )

c. Present your group screening processes

d. Include a review of the relevant professional literature related to your group and/or group counseling.

e. Describe a hypothetical yet possible group counseling solution that applies your knowledge and the best practices from the available research and theoretical literatures.

f. Present how you will organize the group counseling sessions. A group format that allows for about 8 to 10, 40-minute sessions should be adequate. For each session, describe the activities in relation to group developmental stages, and goals that will be employed. Please include potential problems that may arise (i.e. scheduling conflicts, resistance from teachers, health care providers, parents even members) and ways you might address these issues.

g. Present evaluation criteria.

Please cover each of the require outlines from a through g.

For the format of the paper, please write the case scenario first. write each of the requirement under the letter. For example:

c. Present your group screening processes

answer: the processes is XYZ

d. Include a review of the relevant professional literature related to your group and/or group counseling

answer: according to the article XYZ

 

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BA 620 Managerial Finance

Group Problem Set 1: This problem Set is based on materials covered in module 1/week 1. It is designed for you to demonstrate your understanding of basic financial statements, financial statement analysis, break-even concepts, financial and operating leverages. Before you start this assignment, please review weeks 1 and 2 materials thoroughly.

Finance date of Adams Stores, Inc. for the year ending 2016 and 2017.

Items	2016	2017
Sales	$3,432,000	$5,834,400
Cash	9,000	7,282
Other Expenses	340,000	720,000
Retained Earnings	203,768	97,632
Long-term debt	323,432	1,000,000
Cost of goods sold	2,864,000	4,980,000
Depreciation	18,900	116,960
Short-term investments	48,600	20,000
Fixed Assets	491,000	1,202,950
Interest Expenses	62,500	176,000
Shares outstanding (par value
= $4.60)	100,000	100,000
Market Price of stock	8.50	6
Accounts Receivable	351,200	632,160
Accounts payable	145,600	324,000
Inventory	715,200	1,287,360
Notes Payable	200,000	720,000
Accumulated Depreciation	146,200	263,160
Accruals	136,000	284,960
Tax Rate	40%	40%

Instructions:

As a group, complete the following activities using the financial information above:

Part 1: Financial Statements

• Prepare the income statement for 2016 and 2017. Include statement of retained earnings for 2017
• Prepare the balance sheet for 2016 and 2017
• Prepare Common-Size financial statements of income statement and balance sheet.
• Prepare Statement of Cash Flows

Part 2: Financial Statement Analysis

• Based on your financial statements (from Part 1), calculate the following ratios for the two years. Show all your calculations in good form. Show your formulas. If you use excel, each calculation need to show the excel formula

Current ratio

Quick ratio

Inventory turnover (times)

Average collection period (days)

Total asset turnover (times)

Debt ratio

Times interest earned

Gross profit margin

Net profit margin

Return on total assets

Return on equity

P/E ratio

Return on equity using DuPont Analysis

• Comments on the ratios by comparing 2016 to 2017 ratios.
• Assume Adams Stores, Inc. is a retail company similar to WalMart, Myers, or Target. Compare 2017 ratios to the industry average. Please note that Adams Stores, Inc. is not a real company. To find comparable industry ratios, you need to search for industry ratios for retail. See information on Moodle for instructions on how to find industry ratios. Based on the industry average, how is Adams Stores, Inc. doing financially?

Part 3: Break-even, Financial and Operating Leverages

Johnson Products, Inc.

Income Statement

For the Year Ended December 31, 2018

Sales (40,000 bags at $50 each) …………………………….		$2,000,000
Less: Variable costs (40,000 bags at $25) …………….		1,000,000
Fixed costs ……………………………………………………..		600,000
Earnings before interest and taxes …………………………		400,000
Interest expense …………………………………………………..		120,000
Earnings before taxes ………………………………………….		280,000
Income tax expense (20%) ……………………………………		56,000
Net income …………………………………………………………		$ 224,000

Based on the information above, calculate (show all calculations and responses in good form):

• Break-even in units (in dollars and units). Explain what your numbers mean. As a manager, how would you use the numbers in financial planning?
• What is the degree of financial leverage? Explain what your number mean. As a manager, how would you use the numbers in financial planning?
• What is the degree of operating leverage? Explain what your number mean. As a manager, how would you use the numbers in financial planning?

Specific Instructions:

• You may use Excel or Word. Please DO NOT use any other format such PDF, etc.

 

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In 350-500 words in APA format, pick a well-known project that went through turmoil during the project phases.

Denote what happened and if the modifications that were added allowed the project to get back on track or if it caused the project to be unsuccessful.

Denote your thoughts as to what could have occurred to make the project more successful or if the project was successful in the end, even more successful.

Cite three scholarly references, including at least two peer-reviewed references from the university library. Sources must be used to enhance the learning experience. By finding a referenced source, you are enhancing the learning experience by searching for another source of information on the topic. Also, please ensure you are using a source that is peer-reviewed to ensure the accuracy of information

 

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