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    Why Is 401k Important

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    Importance in investing in a 401k Plan The most important things high school students have to focus on are good grades, SAT/ACT tests, extracurriculars, and also retirement plans. I am here to tell you today that timeliness is extremely important and to start investing money as early as possible. Many fail to realize the utmost importance of investing in a 401k retirement plan right when you start working. A 401 k plan lets you set aside money into a retirement account for it to be saved…

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    The Crime Lab recently reclassified and posted an opening for a Senior Executive Assistant, a grade 14. After an application process and interviewing three candidates, Director Ross Capps selected Kristi Hill to fill the position. Kristi Hill is currently a Senior Secretary II in the Warrants Division, a grade 14 position. Kristi’s current position in the Warrants Division was reclassified to a grade 14, from a grade 13, on August 17, 2014. Therefore, she has currently been in a grade 14…

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    scenarios on which path Steve can take. When creating scenario options for Steve I created 4 different what if analysis such as, do nothing, get a loan with a low ROI and high ROI, and lastly a buyout option. As Steve wanted to know the annual cash flow, whether he will…

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    In the reading, it mentions the Old and New World. This is seen on page 216, where it states “… you can bring the Old World’s knowledge and technology to the new…”. This reminded me of The Columbian Exchange, a term referring to the widespread transfer of animals, plants, culture and disease between the New World and the Old World. Latin America is of the New World because it is an “America” and not part of Europe or Africa. Another term that came to me in this reading was Infrastructure.…

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    Assignment 2: TAPE

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    In your email dated 10/23/2017, you mentioned that TAPE worked well on Longitudinal Lines. Uneasy is not an engineering term. It needs to be supported by facts. You have used TAPE in D7 and no failure on Longitudinal Stripes. You have used it on Transverse Stripes and you are not supposed to and it failed. Please reference #4 for more details. We have four Tape supplier in California and the TAPE Dispenser is never an issue. The Dispenser is provided by the manufactures. Doubling the…

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    Assessment 3 The modified cash basis of accounting uses elements of both the cash basis and accrual basis of accounting. The cash basis you recognize a transaction when there is either incoming cash or outgoing cash. The receipt of cash from a customer triggers the recordation of revenue, while the payment of a supplier triggers the recordation of an asset or expense. The accrual basis you record revenue when it is earned and expenses when they are incurred, irrespective of any…

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    Rite Aid Corporation’s debt also includes 9.375% senior notes. The face value of these notes is $410,000. The current carrying value is $405,951. Carrying value or book value is the face value plus any premiums or minus any discounts. Thus, the difference between the face value and carrying value for these notes is due to an unamortized discount of $4,049. The cash interest payment on these notes during fiscal 2009 equals $38,438, and this number can be calculated by taking the face value of…

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    Retirement Debt Analysis

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    This was a great exercise for me as I have been thinking about my debt and know that I need to get a handle on things. While I do not have a house payment, the HELOC and the high credit card debt I carry are a concern, particulary as I begin to think more about retirement. I do put as much as allowable into my retirement and I own stock in several major corporations, but this exercise was effective in showing me how much money I waste each year on interest. After calculating the debt…

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    Financial management is an essential part of a non-profit organization. In the chapter, Worth states that financial management involves analyzing different financial ratios that can help explain trends and the financial health of an organization. (Worth, 2017) Something that stood out to me in the beginning of the chapter was this line from the chapter; “a well-managed organization will strive to achieve diverse revenue sources, both to minimize risk and to maximize autonomy…” I agree with this…

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    Home Depot Case

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    million. Additionally, the investment decision would depend on the company’s cash flows. For instance, the NPV “assumes cash flows are reinvested at the cost of capital,” while the IRR “assumes cash flows are reinvested at the internal rate of return” (Peterson & Fabozzi, 2002, p. 89). Implications of the NPV and IRR Calculations…

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