FI515 Week 7 Homework Managerial Finance Jalil Musah Problems (pgs. 681-682) 16-1 to 16-5 16-1 Cash Management Current Inventory = Sales/Current Inventory Turnover Ratio X = $10‚000‚000 / 2 = $5‚000‚000 in Current Inventory New Inventory = Sales/New Inventory Ratio X = $10‚000‚000 / 5 = $2‚000‚000 in New Inventory $5‚000‚000 – 2‚000‚000 = $3‚000‚000 The company will free up $3 million in free cash flow. 16-2 Receivables Investment Receivables = (DSO) * (Average Daily Sales)
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Planning is one of the most important things that people tend to neglect when it comes to their career. Having a sound plan for the desired career path is very essential for one to enjoy his or work and have a successful career. Whether you like your current job or not‚ if you are looking for a career change‚ or if you are looking out for your first ever job as a fresherman‚ you must have a plan for your career. Well‚ it is easier said than done. But with little time and efforts it is possible for
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When reading “The Crucible” one may ask themselves‚ why are all of the highest authority characters so adamant to believe that Abigail Williams and the other girls are lying? The author Arthur Miller depicts what it was like to live in 1600 Salem during the witch trials. Abigail Williams is desperately in love with John Proctor; who committed the sin of lechery with her. Abigail then uses her uncle‚ Reverend Parris’ servant‚ Tituba to perform the crime of witchcraft so she can fulfil her lustful
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Guidelines for Progress Reports Purpose Progress reports serve a variety of important functions. First‚ the practice of research often requires attention to detail‚ occasionally to the extent that details begin to obscure the broader goal of a research program. A progress report provides an opportunity to step back from the details of day-to-day research activity‚ and to describe the conceptual framework into which that research fits. This exercise often helps to clarify the motivation for
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“The Piano Teacher” “The Piano Teacher” is a novel written by Elfriede Jelinek and first published in 1983. It was made into a motion picture directed by Michael Haneke and won three major prizes at the Cannes 2001 festival including best actress for Isabelle Huppert and best actor for Benoit Magimel. Erika Kohut is a piano teacher at the Conservatory of Vienna. She is a very up tight‚ rigid and cold person. As I kept reading the book I understood that it was not her fault she came up to
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The Truth Be Told: Socrates Examinations of Life In this essay I am evaluating if Socrates death harmed the citizens of Athens more then it did Socrates himself. Socrates has two reasons why Athens will be more harmed then him by his death. When Socrates died he did just that‚ he left the earth and was no longer there‚ after this moment Socrates was no longer harmed by his own death‚ the people of Athens however went on to suffer the repercussions for years to come. It was Athens in the end that
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Do you agree or disagree that a teacher who is serious and strict is more efficient than a teacher who use humors and is easygoing 2009-09-15 10:25:47| When it comes to the argument which kind of teacher is more efficient‚ the view varies from person to person. Some people will choose a strict teacher because disciplining badly behaved students will lead to more effective studying. Others may think an easy going teacher is more efficient. In my opinion‚ I agree with the latter view for the
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Ethics for Teachers Educators are held to a higher standard of behavior than other professionals. The behavior of teachers is judged more harshly. While some wrong behavior is excusable for others‚ unethical behavior is inexcusable for teachers. Teachers are authority figures‚ role models‚ behavioral examples and surrogate parents (Weldon 2003). In some instances the teacher is the only authority figure in a child’s life‚ so if that trust is broken where is a child to turn? There are many instances
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sense to me. Mr. Pirzada and my parents spoke the same language‚ laughed at the same jokes‚ looked more or less the same. They ate pickled mangoes with their meals‚ ate rice every night for supper with their hands. Like my parents‚ Mr. Pirzada took off his shoes before entering a room‚ chewed fennel seeds after meals as a digestive‚ drank no alcohol‚ for dessert dipped austere biscuits into suggestive cups of tea. Nevertheless my father insisted that I understand the difference‚ and led me to a map
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Lies‚ Lies‚ Lies‚ Lies that’s all we hear. Is like if people now a day’s only know how to lie‚ and it looks like if they just don’t know how to tell the truth. For good or for bad‚ lies are still lies and at the end someone always ends up getting hurt. I really don’t know what is wrong with the world. People are lying to other people right to their face. How hard can it be just to say the truth!? To be honest at least for one time. I mean it’s not that hard and the feeling you get at the end could
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