Complete the financial statements using the proposed parallel classification scheme of the financial statements.

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Project for accounting
Paper, Order, or Assignment Requirements

For month ending January 31, 2014

ONE MONTH OF TRANSACTIONS– A Manual Accounting System
YourName Boating Distributors, a wholesale-retail boating distributor is incorporated in the State of New Jersey, with an authorized capitalization of 400,000 shares of $5.00 par value common stock (1,000 shares outstanding as of January 1). The company’s accounting system includes a General journal, General ledger, Accounts receivable subsidiary ledger, and Accounts payable subsidiary ledger

The transactions and accounting records in this set have been selected to give the student an understanding of the interrelationships in an accounting system. While almost all companies employ computerized accounting systems, this set is initially structured around a manual system with only one journal to permit maximum student learning.

The company recognizes one month’s depreciation in the month that an asset is purchased or sold. Also, it is assumed that the company closes its books monthly.

The post-closing trial balance of YourName Boating Distributors as of December 31 (which was the year- end) was as follows:
Debits Credits

Cash ………………………………………………………………….. $25,100
Accounts Receivable ………………………………………………… 35,000
Allowance for Doubtful Accounts …………………………………… $ 400
Merchandise Inventory ………………………………………………. 76,000
Investments (available-for-sale)……………………………………….. 11,500
Office and Store Supplies ……………………….…………………. 1,800
Prepaid Insurance ……………………………………………………. 600
Prepaid Rent …………………………………………………………. 3,000
Office Equipment ……………………………………………………. 20,000
Accumulated Depreciation—Office Equipment …………………….. 4,000
Warehouse Storage Equipment ………………….…………………… 35,000
Accumulated Depreciation—Warehouse Equipment ………………… 8,000
Accounts Payable ……………………………………………………. 19,000
Interest Payable ……………………………………………………… 100
Employees’ Federal Income Taxes (withhold) Payable …………………………. 700
FICA Taxes Payable …………………………………………………. 400
Short-term Notes Payable (Galindo City Bank, 60-day, 12 percent,
Dated (December 1) ………………………………………… 10,000
Common Stock (par $5.00) …………………………………………… 5,000
Additional Paid in Capital……………………………………………… 40,000
Accumulated Other Comprehensive Income ………………………….. 1,500
Retained Earnings ……………………………………………………… 118,900

Totals ………………………………………………………….. $208,000 $208,000

CHART OF ACCOUNTS YOURNAME BOATING
2014

Account Number Account Name
101 Cash
102 Accounts Receivable
103 Allowance for Doubtful Accounts
109 Investments–Available for Sale Securities Short-term Assets
110 Merchandise Inventory
119 Office and Store Supplies
120 Prepaid Insurance
121 Prepaid Rent
122 Office Equipment
123 Accumulated Depreciation—Office Equipment
124 Warehouse Equipment Long-term Assets
125 Accumulated Depreciation—Warehouse Equipment
170 Building
171 Accumulated Depreciation–Building
201 Accounts Payable
203 Interest Payable
209 Salaries Payable
219 Employees’ Federal Income Taxes (withheld) Payable
225 FICA Taxes Payable Short-term Liabilities
240 Short-term Notes Payable
250 Dividends Payable
251 Income Taxes Payable (Corporation)
280 Bonds Payable
281 Discount or Premium on Bonds Payable Long-term Liabilities
301 Common Stock
302 Additional Paid-In Capital
340 Accumulated Other Comprehensive Income
350 Retained Earnings Equity Accounts
390 Treasury Stock
413 Sales
414 Sales Returns and Allowances
415 Sales Discounts
510 Cost of Goods Sold
612 Depreciation Expense—Office Equipment
613 Depreciation Expense—Warehouse Equipment
614 Depreciation Expense–Building
615 Office Salaries Expense
616 Sales Salaries Expense
617 Payroll Tax Expense
618 Interest Expense Income Statement
619 Insurance Expense
620 Rent Expense
651 Office and Store Supplies Expense
655 Advertising Expense
656 Bad Debts Expense
657 Repairs Expense, Office
658 Utilities Expense
659 Income Tax Expense
701 Realized Gains or Losses on Sale of Assets
703 Investment Income Nonoperational
801 Unrealized Gains/Losses–Available-For-Sale Securities Other comprehensive
Income

1You may not need all these accounts, or you may have to add an account.

ACCOUNTS RECEIVABLE SUBSIDIARY LEDGER
Balances as of December 31

Glassboro SeaWorld $ 1,000
Paige Connery Best Buys 0
Buena by the Shore 13,500
Evan Hughes Price Boats 10,000
Parth Patel’s Boats 10,500
$ 35,000

ACCOUNTS PAYABLE SUBSIDIARY LEDGER
Balances as of December 31

Jonathan Horvat Boat Suppliers 10,500
Szumowski’s’s Boats 5,000
Emily Falk’s Boats 0
Mathew Hamilton’sDistributors 3,500
Brena Wayland’s Boats 0
$19,000

INVENTORY as of December 31 ($76,000)

Kawasaki Ultra 250X Yamaha Waverunner FX Cruisers Snyder Craft 21
Nov. 1 $3,000 Oct. 1 $3,950 Oct.14 $16,000
Nov 18 $3,200 Nov 20 3,950
$6,200 Nov. 30 4,100
$12,000

Nanticoke Flyer Seahawk Miscellaneous Boat Supplies1
Aug 1 $1,950 No 15 $24,000 Various $13,800
Nov 3 $2,050
$4,000

1Cost will be given for each transaction associated with miscellaneous boat supplies.

TRANSACTIONS FOR THE MONTH OF JANUARY—Note that we will ignore Sales Tax for this project. Normally, one would have to provide an explanation for each general journal entry. However, since we are recording all entries in the general journal, explanations will not be necessary.

Jan 2 Issued a bond, face value $100,000, to Daniel Scheri’s Investment Company for $91,000 cash. Terms of the bond is 5 years and the stated interest rate is 9.6%. Interest and amortization will be recorded as an adjusting entry the end of the month.(See page 789 of text).

2 Issued 6,000 shares of common stock for $50,000. Remember that common stock is always recorded at par value.)

3 Sold a Yamaha Waverunner for $8,000 on account to Buena by the Shore,). Issued Invoice No. 719. (Note that we are using FIFO for inventory)

(Note that when making a sale using a perpetual inventory system, you always need two entries, one recognizing the sale, and one reducing inventory.)
Cash or/and Accounts Receivable XX
Sales XX
Cost of Goods Sold XX
Merchandise Inventory XX
3 Purchased a Snyder Craft for $16,800 on account from Szumowski’s’s Boats, Invoice No. 630, terms 3/10, n/60. Note that since we are using a perpetual inventory system, all purchases and sales need an entry in the account Merchandise Inventory.

4 Purchased various boat merchandise of $3,000 from Szumowski’s’s Boats on Account, Invoice No. 631, terms 3/10, n/60.

4 Issued Check No. 292 to Szumowski’s’s Boats in full settlement of our December account balance –Invoice No. 580, terms n/30.

4 Issued credit memorandum No. 75 to Parth Patel’s Boats for $1,000 for miscellaneous merchandise previously purchased. Our cost and value is 500. (Reverse the entry listed above on the 2nd but use Sales Returns and Allowance instead of the account Sales and the numbers given in this entry.)

4 Issued Check No. 293 to Copier Repair Co. for copier repairs, $500.

5 Received payment in full from Parth Patel’s Boats on sale made in December. (Do not forget the credit memorandum on the 4th.)

5 Sold a Seahawk to Evan Hughes Boats, for $36,000. We received $10,000 as a down payment. Issued Invoice No. 720.

5 Returned defective merchandise from the December 3rd purchase to Szumowski’s’s Boats and received a $500 credit memorandum. (Credit Merchandise Inventory—Boat Supplies)

6 Sold all the old warehouse storage equipment for $22,000. The warehouse equipment has a five-year life and a salvage value of $4,000. Assume the company uses the straight-line method to depreciate Warehouse Equipment. (Step 1—Bring the depreciation up to date by depreciating the warehouse for one month. Step 2—Remove the asset and accumulated depreciation and debit cash. Step 3—Plug to a realized gain or loss account– 701.)

7 Sold boat merchandise on account to Paige Connery Best Buys for $900, our cost $450. Invoice no. 720.

8 Issued Check No. 294 to Amanda Muetter’s Contractors to purchase a Building for $150,000. Straight-line method will be used over 20 years without any salvage value. At this time, you only will need to make the entry for the purchase of the building. (Note, that a month’s depreciation will have to be recorded as an adjusting entry at the end of the period.)

10 Issued Check No. 295 to the Internal Revenue Service in payment of FICA taxes accrued as of December 30 (FICA Taxes Payable— look at beginning trial balance for amount.)

10 Issued Check No. 296 to the Internal Revenue Service in payment of federal income taxes withheld as of December 30. (Employees’ Federal Income Taxes Payable—look at beginning trial balance for amount.)
.
10 Issued Check No. 297 to Kyj and Cheatem Investment Company for $3,000 of
equity marketable securities to hold excess cash. (This should be debited
to Investments–Available for Sale Securities –Account number 109.)

11 Issued Check No. 298 to Mathew Hamilton’s Distributors in full settlement of the December 30 purchase, Invoice No. 1002, terms n/20.

11 Issued Check No. 299 to Szumowski’s’s Boats in full settlement of our account for the two purchases early this month. (Recall the credit memorandum on the 5th.) (Note that when paying suppliers within a discount period, one must credit Merchandise Inventory.)

15 Check No. 300 voided. (No entry needed.)

15 Sold boat supplies on account to Parth Patel’s Boats , for $1,800 (Cost $900). Issued Invoice No. 721.

18 Received a check from Parth Patel’s Boats for balance of account.

19 Received full payment from Buena by the Shore on all the sales. To encourage prompt payment, we offered Buena a 2% cash discount.

20 Purchased on account from Brena Wayland’s Boats, two Yamaha Waverunners at $4,600 each (Total equals $9,200), Invoice No. 5900, terms n/30.

22 Sold a Yamaha Waverunner to Glassboro SeaWorld for $9,000) we received $5,000 as a down payment. Issued Invoice No. 722.

22 We are in a dispute with Paige Connery Best Buys about invoice number 720 on the 7th of this month. Since she has left the country for South America, it has been decided to write this account off using the allowance method. (Do not debit Bad Debt Expense.)

23 Issued Check No. 303 to Angelo Minniti’s Supply Co. for store and office supplies, $1,200.

23 One of the owners, Jenna-Rose Fraser , is unhappy with the direction the Corporation is going. YourName Corporation purchased her 200 shares of commons stock for $50 a share. Debit Treasury Stock.

24 Declared a $3.00 per share cash dividend. (Debit Retained Earnings and remember, one does not pay dividends on treasury stock.)

27 Sold a Yamaha Waverunner on account for $8,000 to Buena By Shore on account.

28 Purchased boat supplies on account from Mathew Hamilton’sDistributors , $1,500, Invoice No. 670, terms 2/10, n/60.

28 Purchased a Naticoke Flyer for $3,500 from Jonathan Horvat’ Boat Suppliers on account.

29 Sold boat merchandise on account to, Glassboro SeaWorld for $3,500 (Cost $1,800).

30 Issued Check No. 304 to the Galindo’s City Bank for the maturity value of the note payable. See beginning trial balance for terms of the note. (Interest was accrued on the note through December 31 in the account Interest Payable.)

30 Issued Check No. 305 to Pitman Electric Co. for December service, $550.

30 Issued Check No. 306 to the Rowan Whit for the month’s advertising, $400.

30 Issued Check No. 307 to Wenonah Telephone Co., $450.

30 Received partial payment of $10,000 from Evan Hughes Boats.

30 The payroll record for January is as follows:
debit credit
Sales Salaries Expense ………………………….. $4,500
Office Salaries Expense …………………………. 2,500
Total 7,000
Federal income taxes withheld ………………….. $1,400
FICA taxes withheld ……………………………. 500
Net Pay (Salaries payable) ……………… 5,100
Total 7,000

31 Record the employer’s FICA tax of $500 on the January payroll. (Debit Payroll Tax Expense and credit FICA Taxes Payable.)

31 Issued Checks Nos. 309-311 for the January Payroll. (Assume this is
one check.)

31 Issued Check No. 312 to pay the shareholders for the cash dividends declared on the 24th.

31 Total cash boat-supply sales for the month ended January 31 were $15,000 (Cost $6,500). To save time, we are recording this entry only one time. Normally this entry would be made every day the business is open.

31 Received cash dividends of $450 from investments (Credit Investment Income Account 703)

After completion of the journal entries, you may work in a team of two or three students. (I
highly recommend this for Finance majors.) Please submit only one copy for each team with each
team member as part of the name of the company . You may also use QuickBooks or any other
accounting program you are familiar with once you complete the journal entries manually.

There will be questions on the midterm, first quiz, and final that relate
directly to this practice set.

Assignment I—U.S. GAAP

2) Post to the general ledger. Take a trial balance of the general ledger and enter it on the worksheet. Prepare a schedule of accounts receivable and a schedule of accounts payable as of January 31. You must use Excel when doing the spreadsheet.

3) ADJUSTING ENTRIES
Complete the excel spreadsheet by using the following supplementary data. All of the account titles you will need in preparing the adjusting entries have already been included in the work-sheet in their proper numerical sequence.

a) Store and office supplies on hand as of January 31 are $1,600.

b) Insurance expense expired during the month was $200.

c) The balance in the Prepaid Rent account is for a 2-month period ending February 28. The company will be moving to new facilities by the end of February.

d) The Building will be depreciated over 20 years, using straight-line depreciation with no salvage value. The Office Equipment has an estimated life of five years with no salvage value.

e) Interest and amortization should be accrued on the bonds payable.
Note: the discount on bonds payable is amortized on the straight-
line method for the month of January.

f) YourName estimates that in the future approximately 3.0 percent of total accounts receivable will be uncollectible.Use the balance sheet method and adjust to this number.

g) The marketable securities have a market value of $15,400 as of Dec.
31 (Use accounts 801 and 109 for the unrealized gain/loss). Unrealized Gains/Losses is part of Owners’ Equity and is included as a part of Other Comprehensive Income and Accumulated Other Comprehensive Income in the Equity section of the balance sheet.

h) The corporate tax rate is 30%. Note that when computing income
tax for the corporation Unrealized Gains are not taxable.

4) Financial Statements due March 8th.
Prepare the following statements listed below and submit them in this order. Since you only have information about the post-closing trial balance, you can only do one month’s worth of financial statements.

1. Statement of Net Income—See below for EPS information.

2. Statement of Comprehensive Income (This can be completed in one of two ways. Thus, it may not be the third item.)

3. Statement of Financial Position (Balance Sheet) (FOR THIS SHOW CALCULATIONS)

4. Statement of Changes of Owners’ Equity—Note that the Statement of Retained Earnings is part of the Statement of Changes of owners’ Equity. (FOR THIS SHOW CALCULATIONS)

5. Minimum of one page of Footnotes and Disclosures.

Footnotes (Minimum of one page single spaced except between individual footnotes.) See appendix 5B to book’s companion website for examples. Also search the net, and USE YOUR IMAGINATION!

6. One page devoted for ratios. (Show work.) For ratios e and f please use the beginning and ending month balances. Normally, one would use the beginning and ending of the year balances.

a. Working Capital (See page 209 for formulas)
b. Current Ratio
c. Acid-test Ratio
d. Profit Margin on Sales (FOR THESE SHOW CALCULATIONS)
e. Receivables Turnover Ratio1
f. Inventory Turnover Ratio1

If you are completing these statements as part of a group, please list your name as one of the CPAs on the title page.

You do not have to divide operating expenses into selling expenses and administrative expenses on the income statement and may use schedules to keep the statements simple. Please use a multiple-step income statement format for the income statement (See notes) and a classified balance sheet.

When computing earnings per share, take into consideration the entries on 1st and the 29th; however, you do not have to do a weighted average. To keep the computation simple, just use the number of shares outstanding the last day of the month.

All financial statements must be completed using a spreadsheet word processor.

5) Journalize and post all adjusting and closing entries. (USE EXCEL)

Assignment II—IFRS Requiremen: (NO NEED FOR THIS TO BE DONE)

Describe how IFRS financial statements would be different for YourName boating if she used IFRS. Please make a list of these differences.

Assume the following information for preparing the financial statements using Proposed International Financial Reporting Standards.

1. The fair value of the building has increased to $175,000
2. The fair value of the office equipment is $17,000.
3. Because of the economy, the fair value of the inventory is $3,000 less than the cost.

Complete the financial statements using the proposed parallel classification scheme of the financial statements. You do not have to include footnotes since you already completed them for the U.S. GAAP statements. (Note that comprehensive income can only be displayed in two forms.)

 

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complete a document on the system requirements and design of the Property Management Service System

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complete a document on the system requirements and design of the Property Management Service System
Paper, Order, or Assignment Requirements

This course work will require you to complete a document on the system

requirements and design of the Property Management Service System(see the details below), which must follow the guidelines below:

Well structured document style

Front page with proper title, name, date,
Content page with chapters and their starting page numbers,
Introduction which describes objectives of the document,
You should not include any non-relevant statements, pictures and should not use any fancy fonts.

Contents of the document

Introduction which briefly describes objectives of the document,
Use-Case Diagram [30 marks]
Class Diagram [20 marks]
Sequence (at least 3) Diagrams [30 marks]
State Diagram (one) [20 marks]
System Design

Below are some essential functions of the systems, for which you required to do the Object-Oriented Analysis and Design, include

Draw the USE CASES AND ACTORS for the problem.
Draw the class diagram.
Draw at least THREE sequence diagrams.
Draw State diagrams for ANY object within the system.
By using tools are available such as MSVisio

Scenario

The Property Management Company wanted to develop a Property Information Service System that provides information to local estate agents to be used to help them sell properties to their customers.

Each month, estate agents list their properties for sale by contracting with properties owners. The estate agent sends information on the listing properties to the Property Management Company Manager. Therefore, any estate agent in the city can get information on the listing properties.

Information on listing properties includes the address, year built, Commercial or houses, square feet, number of bedrooms, number of bathrooms, owner name, owner phone number, asking price, and status code. At any time during the month, an agent might directly request information on property listings that match customer requirements, so the estate agent contacts the Property Management Company Manager with the request.

Information on the property, is provided by the estate agent who listed the property.

For example, Estate agent might want to call the listing estate agent to ask additional questions or call the property owner directly to make an appointment to show the property.

Twice each month, the Property Management Company Manager produces a listing booklet that contains information on all listings properties. These booklets are sent to all of the estate agents in the city.

Many estate agents want the booklets, so they are provided despite the information is often out of date.

Sometimes estate agents and property owners decide to change information about a listing property such as reducing the price correct previous information on the property, or indicating that the property is sold.

The Estate Agent sends in these change requests to Property Management Company manager when the estate agent asks him/her to do so.

 

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Write a 1,400- to 2,100-word paper that analyzes the work-related project specified in Week Two.

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Work-Related Project Analysis
Paper, Order, or Assignment Requirements

Resource: Work-Related Project Analysis, Part 1

Write a 1,400- to 2,100-word paper that analyzes the work-related project specified in Week Two. Your paper should describe a workplace application architecture and process design.

Analyze the tools of systems analysis to describe the work-related information system’s architecture.
Analyze the data
Analyze the processes
Analyze the interfaces
Analyze the networks.
Draw the physical and data flow and any other necessary diagrams.
Explain each diagram. You may need to talk to your systems department for some help.
Prepare your diagrams using Microsoft® Visio® or other software that will allow you to create SDLC diagrams.

Note: Consider this assignment as an addition to Part 1. This assignment incorporates the transition from analysis to design for the selected system.

Format your assignment according to APA guidelines.

Cite at least 3 peer-reviewed, scholarly, or similar references in addition to your textbook.

 

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Who is the competition? What strategies might be planned to overcome this named competition? How might the food, pricing, ambiance, and services compare?

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Business Studies
Paper, Order, or Assignment Requirements

Though the marketing strategy is thorough enough and the target market should be defined, the competitive challenges likely to be faced by the business still need to be addressed within a comprehensive business plan. Who is the competition? What strategies might be planned to overcome this named competition? How might the food, pricing, ambiance, and services compare? This quantitative information will be needed to secure outside investors as well as predictably forecast future success for a concept. It might also be understood that providing the comparative qualities of the competition into a single table format that also included Eco-mental Organic Restaurant might make it easier to absorb the consolidated information.

Restaurant is located in Sydney, Australia
Marketing Strategy
Overview
The success of Eco-Mental Organic Restaurant will be attained by offering quality food, providing excellent services and using an aggressive marketing plan to establish a broad customer base. Admittedly, the contemporary market requires going beyond service and food to make the restaurant successful (Bolten, Kennerknecht, & Spiller, 2009). The restaurant will continually strive to unreservedly attract more customers by being proactive in its marketing efforts. The management will attempt to establish and maintain a positive, attractive image for the restaurant. Realistically, this image will steadily be depicted throughout all sales promotions and marketing channels. The following demonstrates some of the strategies the restaurant will employ to drive extra sales.
Customer Database
Eco-Mental Organic Restaurant will aggressively seek to establish a database for its visitors. Visitors will have a chance to be included in the database to have the perfect opportunity to take part in the restaurant’s promotions such as anniversary or birthday cards and regular diner program. The database will be collected and maintained using a system yet to be adopted. Assuredly, the restaurant will respect its guest privacy by secretly safeguarding personal information it collects.
Frequent Dinner
The marketing plan for the restaurant will encompass an active regular dinner program that will enable it to reward its visitors for their constant patronage. Primarily, the restaurant anticipates adopting a regular dinner program as a component of its Point on Sale (POS) system. Most of the primary POS systems contain this feature. As such, the management team will critically evaluate each program to come up with a comprehensive decision on the most efficient system that fulfills the requirements to make the restaurant successful.
Email Campaign
The restaurant anticipates capitalizing on its customer database through implementing an efficient email marketing strategy. It will give its clients the option to get email communication from the organization. Undoubtedly, the privacy of the customers will be safeguarded, and the restaurant will not email the clients without their permission. The restaurant’s email marketing approach will entail awareness not to flood the organization’s visitors with email. As matters of fact, the promotional content will be established with the prime goal of quantity versus enticement.
Promotion
In most cases, the restaurant will use advertisement as a way of promoting its services and products. Eco-Mental Organic Restaurant will make ads in newspapers, table tents, and brochures. It will also have in place in-house tour for clients. Purposefully, the restaurant will occasionally use local media to reach out a broad base of customers. Mostly, the use of brochures and table tents are viewed as the least expensive but are unlikely to reach out to a large audience (Gad Mohsen, & Dacko, 2013). Primarily, these promotions will aim at allowing the customers understand the type of services the restaurant offers and distinguish the restaurants with other food outlets within the city. Besides advertisements, the management will exhibit the restaurant’s logo on business cards and letterhead.

Pricing
Typically, the prices of food are determined by many factors (Bolten, Kennerknecht, & Spiller, 2009). Essentially, the price will vary depending on the season, time of the day, as well as, the composition of the food. For instances, the meals offered during lunch hours will be priced low compared to those of the same form during evening hours. Ultimately, this will be carried out to attract more clients during lunch time. On the same note, the prices will be increased during celebratory seasons since there will be many clients visiting the restaurant compared to other non-celebratory seasons. Truly, customers at Eco-Mental Organic Restaurant do not indeed make their buying decisions according to price rather on the quality of the services and products offered (Gad Mohsen, & Dacko, 2013). As such, to efficiently adopt the pricing tactic, the restaurant will be compelled to provide other services to clients including entertainment, as well as, a friendly and clean environment.
Public Relations
The general manager will have the sole responsibility for creating positive public relations for Eco-Mental Restaurant. The possible solutions for improving the restaurant’s public image entail recruiting a public relation consultant. Primarily, possible publicity chances involve press releases, promotion of charitable activities, as well as, the columnist reviews. The restaurant will also give much consideration to its community, as well as, charity involvement with public relations chances.

 

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Should they put an ad in Craigslist, or another sales publication and try to sell their business?

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Business Scenarios
Paper, Order, or Assignment Requirements

Please address each scenario

Scenario 1 :

The Neighborhood Pizza Place is not doing well. The husband and wife of this small business are now $10k in debt and they are not making any profit after expenses. They decided there is too much competition in the local area and strip mall owner told them last Friday that in 3 months their rent is going up 10%, which will put them in the red without a doubt. They rent the cash registrars, own the ovens and have about $7k currently in other inventory. They have 2 full time shift leaders and 5-part time employees. They want to close their operations in 3 months and are undecided about opening in another location. Should they file for a Chapter 7,11 or 13? Should they put an ad in Craigslist, or another sales publication and try to sell their business? Are they obligated in any way to the employees? Please answer their questions and give them advice on what they should do along with your rationale.

Provide at least 1 reference

Learning Activity #2

Small business owners are very susceptible to catastrophes. These include natural disasters such as floods, hurricanes, tornadoes, earthquakes extended snow closures etc. Other disasters and perhaps more frequent and dangerous are man-made threats such as hacking into computer systems, data theft robbery, assailants assaulting employees or causing damage.

Based on the geographical region you live, indicate top two natural disaster threats and list the precautions that a small business owner should take to guard against those threats. Please indicate your geographical location in the response. Be sure to consider the business operations, the employees, the property/equipment and vital information sources. Be specific in describing the precaution.

List two man-made threats and the precautions you would recommend a small business owner should take to protect his/her employees, property and business against these threats.

Provide at least 1 reference

 

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produce a detailed design report

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Detailed design topic.
Paper, Order, or Assignment Requirements

Objectives:

To provide students with the opportunity to pursue a group civil engineering design project under academic supervision
To provide students with an experience of real design work of the type they may be expected to undertake in a civil engineering consultancy
To expose students to matters of health and safety, sustainability and costing as related to a particular design

Task:

Working in teams, you are required to design a new civic building for a City Council. Your team is responsible for developing design solutions on behalf of a contractor bidding for design and build contract for the new civic centre. This new building which is to be located on a side of a hill will consist of five storeys. The lower ground floor will accommodate the library of the City Council and the other four floors above will be office spaces. The additional details of the project and the design brief including loadings, site conditions, plans and sections can be found in document titled ‘Design Brief- Integrated Civil Engineering Design Project-2015/16’ in Moodle unit. The project gives the students opportunity to undertake a design project integrating several other key civil engineering aspects to meet a real life design brief. You are required to refer to the document titled ‘Student Guidance Notes’ in Moodle unit for more detailed description of various aspects and tasks of this project.

As the final phase of the design, you are required to produce a detailed design report that will include following key components in addition to any other appropriate sections;

_Detailed design of key structural elements or system including roof structure, retaining wall and foundations (each student undertaking design of one or two key elements or system)
_Drawings (A3 size) showing general arrangement, sections, elevations of main structural frame; foundation details; details of structural elements designed (each student must complete one drawing showing the details of the elements or systems designed by him/her and contribute to the group drawings showing general details)
_Overall cost analysis
_Method statement for safe construction procedure for the building

The students will be required to submit the final design report covering the above areas. The submission must also include a summary of the details of the recommended conceptual design solution. The design calculations must be in accordance with Eurocodes, presented in standard format and the drawings can be produced using CAD software or by hand. In the detailed design report, the emphasis must be on accuracy, clarity and completeness.

Reference must be made to the documents Student Guidance Notes and Design Brief in Moodle unit for more details. The final design report will be a group submission incorporating and showing clearly individual contributions of the group members. These contributions will be assessed on individual basis. Although a major part of the report will consist of individual contributions, all group members must ensure a coherent design output and report. You must also state any assumptions made and reference all sources of information used in the detailed design process.

 

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Business Development in a Multinational Company and Analysis of Business Risk: India

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Business Development in a Multinational Company and Analysis of Business Risk: India
Paper, Order, or Assignment Requirements

Country to Analyse : INDIA

You have been selected as a ‘Business Development Executive’ of a Multinational Company established in India. Your CEO is strongly interested in expanding its current manufacturing and sales (both domestic and export) activity to new markets. However several directors have raised concerns over the extent to which your firm would be exposed to business risk in certain countries, and requested a broad analysis of risk for those countries.

The analysis is to consider key aspects of the international business environment including but not necessarily limited to issues such as economic prospects, culture, legal systems, ethical practices, investment environment and stability. At the initial stage, you may not be certain about a particular industry which might be considered as important, but may emerge as a result of your study.

You are required to prepare a country report to provide the company with important information for making a decision. Support your evaluations and recommendations with reference to your subject knowledge, real life examples, and other relevant and reliable sources.

 

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Corporate Finance and Financial Accounting Coursework

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Corporate Finance and Financial Accounting Coursework
Paper, Order, or Assignment Requirements

Chosen Company: Ocado

Step 1 of Coursework
Now that you have chosen your target company and completed Lecture 1, as well as the tutorial for the lecture, you can start your coursework.
The first method that we will use in the valuation of our target company is called Valuation Multiples (or method of comparables or “comps”). An example of this method is the price earnings ratio. You may want to refer to the chapter in the recommended textbook on Valuing Stocks.
In line with the above, you will now need to choose benchmark companies in the same industry as your target company. These may be UK or foreign companies. For example, if I was valuing Royal Mails Plc I would probably use Deutsche Post (of Germany) as one of my benchmarks as I do not have a closely similar company listed on the London Stock Exchange. While you may decide to use all firms in the industry, it is acceptable to restrict the number of benchmarks to three. In extreme cases, a single benchmark may also be used. Note that I do not need to approve your choice of benchmarks. I will mark this in your report.
For all the companies (your target company and its benchmarks) you will need to calculate and discuss the following ratios:
• Price-earnings ratio price per share/ earnings per share
• Enterprise Value to Sales ratio
• Enterprise Value go EBITDA ratio
• EBITDA to Sales ratio

Step 2 of Coursework
Now that you have an idea of the value of your target company, by completing Step 1 of your coursework, our objective in Step 2 is to understand the company and its environment better. The purpose of this knowledge is to be able to improve and justify the valuation of the company.
Therefore, in Step 2, you will need to do a SWOT analysis (Strength, weakness, opportunities and threats) of the company. Issues that you may want to cover include:
• The companies market position (relative to its competitors)
• Business Model (how sound is it?)
• An assessment of the company’s sources of inputs and finance
• Risk management systems/corporate governance mechanisms in place (you may want to compare this with the requirements for listed companies on the London Stock Exchange, available on the Exchange’s website)
• Financial Performance (look at the liquidity/working capital position, profitability, gearing etc. What can you improve to generate synergy?
• Expansion potential
• Strong franchise value- this is the best source of growth. Does your target company have one it’s probably not maximising?
• Management team- poor management team is generally a motivation for takeover. There are ratios to calculate management efficiency.
You may want to discuss the above in about 1000-1500 words.
Other issues
Some of you have asked me if you need to show the formulas for your calculations. I need the figures used but not the formulas. You may want to send all formulas to the appendix (in which case I may not read them). Also, if you have used a spread sheet to complete your coursework, you may want to include this when submitting.
In addition, students have raised the question regarding the interpretation of derived figures. You will need to read materials on ratio analysis, a topic I believed you should have taken. You may also consult the relevant chapters of BD textbook.

Step 3 of Coursework
This step of your coursework carries 50% of the total marks (i.e. 50% of the 30% allocated to the coursework).
In this step you are required to come up with a business plan for your target company as well as a valuation of the company. In coming up with a business plan you should look at the operations, investments and capital structure of your target company with the aim of assessing any potential improvements and future growth. This plan must project the post-acquisition synergies – assume that these would be captured by the target company as you are not required to combine the financials of both the acquirer and the target in the coursework.
You will be coming up with a number of reasonable assumptions at this stage. These assumptions should be justified on the bases of past performance and position of the target company (strength and weaknesses of the income statements and the balance sheet).
In line with the BD textbook (Chapter 19- Valuation and Financial Modelling), please provide necessary calculations regarding operational improvements, capital expenditure and capital structure. You will then need to build a financial model of free cash flow. You need not forecast the balance sheet or the cash flow statement. You may also want to skip improvements in working capital management, as we have not treated this topic- the value of “increase in working capital” would be zero in this case.

It is important to note that your forecast of free cash flow should include two parts:
• Forecast over the short-term horizon (Year 1-5, where Year 0 is assumed to be 2014, the year for which the latest financial data is available) (5 Marks).
• The terminal value – assume that free cash flow at the end of Year 5 (2019) will grow at a constant from Year 6 (2020) to infinity (5 Marks).
• You will need to justify forecast of cash flows for the short horizon and the growth rate for the long horizon that you chose (5 Marks). Therefore, even though your Year 0 is 2014 you will need the accounting data for year -1 to say -5 (that is 2009-2013, 2009). You need not present the data for Years -1 to -5 in your report.
To be able to get the value of the target company, discount the free cash flows at the company’s cost of capital. You should derive the cost of debt (4 Marks) and the cost of equity (2 Marks). Please derive the cost of equity using CAPM. You can then use your results to calculate the weighted average cost of capital (4 Marks). To apply the CAPM you can take the easy path and simply use the beta value you have sourced (e.g. from Bloomberg or Financial Times). However, if you are able to run a regression to derive this value yourself and signal to me that you did this, I will credit you accordingly (4 Marks). You will need to source the risk free rate (use the yield UK Treasury Bond and justify). In line with empirical evidence and practice, please assume that the market risk premium is 5%. Calculate the cost of debt as interest payment divided by long-term debt (i.e. do not include short-term capital in your calculation). You can get the corporate tax rates in the UK by following this link: http://www.hmrc.gov.uk/rates/corp.htm.

It is important that you pay attention to the terminal value as it accounts for a significant proportion of the value of the company. To recount what I said in class, to get the terminal value at the end of Year 5 (which is the beginning of Year 6) use the formula for the present value of growing perpetuity. However, because we need the present value in Year 0, you will then need to discount back to Year 0, where “n” in your discounting formula equals 5 (5 Marks).
Therefore, the value of the target at Year 0 is the addition of the present value of cash flows (Year 1-5) and the present value of the terminal value. Assuming the firm has existing debt (before any new that you will introduce) you then need to subtract this from the value of the firm that you calculated to arrive at the value of equity. If you divide this by the number of shares in issue, you will get the intrinsic value per share based on the discounted cash flow method (5 Marks). Remember that we are evaluating the value of a company (its equity) and not a project. So you are not calculating the NPV. If you are, what is your initial investment? Many good students have made this mistake in the past.
Remember the value of equity you established in the Step 1? We need it in Step 3. To arrive at a value of the equity, we will need to find the weighted average of the value from Step 1 and the value from Step 3. In practice, we normally attach a greater weight to the value derived using the discounted cash flow method (Step 3). There are no hard rules about what weights you should allocate to the values. Just demonstrate to me that you know that the DCF method is significantly more important than the method of comparables. (4 Marks)
You can now compare your final value of the equity with what the market says (i.e. market price per share). Is your company undervalued? That is market price per share is lower than your calculated value of the company- a good justification to recommend a takeover (3 Marks).
Please allocate between 1000 words to the discussion of this part of your coursework (4 Marks). You may want to transfer all tables and calculations to the appendix section of your work.
Our final step will be the structure that I will require when presenting your report.

Please follow the guideline below in presenting your coursework report. (10marks)

1.1. Executive Summary
2.1. Review of UK and Global Economy (Re: Step 2 of Coursework)
2.2. Review of Target Company Sector (Re: Step 2 of Coursework)
2.3. Company Information (Re: Step 2 of Coursework)
3.1 Preliminary Valuation: Assumptions, Results, and Discussion (Re: Step 1 of Coursework)
3.2 Valuation: Assumptions, Results, and Discussion (Re: Step 3 of Coursework)
3.3 Sensitivity Analysis (Optional)
4.1 Recommendations and Conclusion
• Buy?
• At what price?
o e.g. average of results using the various valuation methods
o remember this is not an NPV coursework
• Any other issues
o e.g. limitations of your method

 

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How complex is the information technology underlying the Canadian Firearms Registration Systems

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CANADIAN FIREARMS PROGRAM
Paper, Order, or Assignment Requirements

a) How complex is the information technology underlying the Canadian Firearms Registration Systems

b) Develop ERD diagram that illustrates the major data elements and relationship that to be managed

c)Implement the ERD using Oracle

 

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