Mass flow rate

A few years ago, GM accepted a bailout and a restructuring plan from the federal government (Kinicki & Williams, 2013). Their plan consist of a goal to reach annual profits of over $10 billion, 10% profit margin increase, becoming debt-free, cutting costs and incentives, and corporate tax exemption for several years (Kinicki & Williams, 2013). At the end of 2011, GM was expected to reach a profit of almost $8 billion (Kinicki & Williams, 2013). This was made possible after a sharp reduction of…

On 08/30/16 we received a payment request in the amount of $633,451.60 ($617,158.33 LOSS & $16,293.27 LAE) from the broker, AON on behalf of Zurich (ZIC). The Pay Time form is completed & tasked to K.Haniff. Our current outstanding reserve is $1,044,591.03 ($837,699.66 Loss & $206,891.37 LAE) with a total incurred of $2,813,385.09. An increase of $62.91 in LAE is required. After payment of the $633,451.60 our outstanding reserve will be $411,202.34 (Loss $220,541.33 & LAE $190,661.01) for a…

he Income Summary account is used to Close the revenue and expense accounts. The income summary account is a transitional account into which all income statement revenue and expense accounts are transferred at the end of an accounting period. The net amount transferred into the income summary account equals the net profit or loss that the business incurred during the period. Thus, shifting revenue out of the income statement means debiting the revenue account for the total amount of revenue…

Canada Goose exporting to China Himanshu Puri (000361959) Paramjeet Saini (000360787) Ritika Sharma (000360793) Qiayizha Gulimina(000361473) Financial Plan Analysis • Breakeven – how many units of your product must be sold to cover fixed costs This is a reality check. If the number of units is very high, then may need to review costs. Breakeven = Total fixed costs/(selling price – cost of goods sold) = number of units Answer : As…

viatical settlement are the discount rate, the face value of the policy, and the health of the individual selling the policy. Solutions to Questions and Problems NOTE: All end of chapter problems were solved using a spreadsheet.…

The resource-based view and sustainable competitive advantage: the case of a financial services firm Val Clulow School of Business, Swinburne University of Technology, Hawthorn, Australia Julie Gerstman School of Business, Swinburne University of Technology, Hawthorn, Australia Carol Barry School of Business, Swinburne University of Technology, Hawthorn, Australia Keywords Resources, Competitive advantage, Financial services, Intangible assets Introduction The study of sustainable…

what cash flow, when divided $100,000, gives 6%. A. $4,800 B. $6,000 C. $6,600 D. $8,000 6. Beverly Enterprises owns a nursing home that is currently earning $2.0 million in cash flow on an annual basis, but this amount is expected to drop in the future. The nursing home has a book value of $20 million, a replacement cost of $40 million, and a current sale value of $10 million. If Beverly Enterprises has a cost of capital equal to 15 percent, at what value of annual cash flow would…

This week’s readings on family decision-making and financial literacy offered insight into the struggles low-income households face each month to survive, much less invest or save. In particular, the volatile and unpredictable nature of working hours, predicted income, and unforeseen expenditures affect low-income individuals’ ability to draw on resources and grow assets over the course of a lifetime. By necessity, low-income and asset poor individuals are unable to accumulate wealth to build…

According to the Hoyle, Schaefer, and Doupnik (2013), “budgeting is an essential element of the financial planning, control, and performance evaluation processes of many” businesses and government entities (p. 706). Even though historical information is used to forecast activities, a budget is a tool to plan future transactions (Boyd, 2013). As a result, firms must use various budgets, such as operating and financial budgets to outline an organization’s financial plan. The primary purpose of…

Overview: Iterative statement is the programming language design feature that is going to be discussed. And the programming languages for which the feature is discussed are C, Perl, Prolog and Common Lisp. In C the three pre-defined iterative statements are for, while and do while. In Perl the pre-defined iterative statements include for, foreach, while, do while and until. In Common Lisp the pre-defined iterative statements include do, dotimes, dolist and loop (includes for and while) In…