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Business Finance – Management

You have just been hired by Gracie Faye International   (GFI) as a cost accountant. The company was named for the internationally   popular Toka player, Gracie Faye. The company was started by John Smith who,   in his basement, crafted a toka ball and beautifully strong toka stick for   his daughter, Tresha, who played on a local team.
Tresha’s team saw the benefit of Tresha’s well-crafted   equipment, and soon after, John was asked to equip the whole team. After the   team won the championship, he was taking orders for the whole league and soon   the whole toka world was knocking on John Smith’s door.
From simple beginnings, GFI has branched out to other sports,   taking their brand of solid construction to new heights. Their ping pong   table is known as the elephant’s dancing table, since ping-pong star Kevin   “The Elephant” Pelinsky leapt onto a GFI table to dance across the net after   he won a championship.
Founder Smith was quoted soon after saying, “all of our   products have elephant dancing quality.” Their bleachers sales skyrocketed   after the collapse of a competitor in the early ‘90s, and a Department of   Parks and Recreation remodeled all their baseball fields with GFI electronic   scoreboards and their batting cages with GFI automatic pitching machines.
The CFO (your new department head) has asked you to   prepare a report to submit to the top management of the company. It would   seem that the CFO did not do a very good job justifying your position and   what you can do for the company.
The CFO would like for you to explain cost accounting, as   well as present information to the management team on product costs for the   production of toka balls, specific job order costs for special order products   and provide costing information for two models of pitching machines currently   offered.
You will present all of this information in a management   report divided up into four separate sections as described below.
PART 1: In this section of the report, your job is to explain cost accounting and what skills you can bring to the company. The CFO feels you should include an overview of what cost management is and some of its applications. Be sure to discuss the opportunities available in the cost accounting and how it relates to corporate strategy. This section of your report should be approximately two pages in length.
PART 2: In this section of the report, you are asked to classify the product costs for the production of toka balls. Classify each cost as:

  • fixed      or variable
  • direct      or indirect

Complete the table and include it in your report. The management team will require justification for each cost (i.e. why you classified the costs as you did).
 
Product Cost
Variable
Fixed
Direct
Indirect
 
Electricity
 
Real   Estate Taxes
 
Wood for   toka sticks
 

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Business Torts And Intellectual Property

Scenario: Sam is an employee of ABC Paper Corp. He signed a non-disclosure agreement as a condition of his employment with ABC. Sam is approached by XYZ Paper Co. with an offer of employment, but only if he brings his client list with him. Sam was fully responsible for creating his client list, so he agrees to provide it to XYZ. When Sam downloads his client list onto an external flash drive, he is caught in the act by his boss Natalie. Sam grabs the flash drive and runs out of his office, shoving Natalie aside when she attempts to stop him. Natalie falls and hits her head against the doorknob, suffering a concussion.   Develop a 1,050-word analysis using the information posed in the scenario. •Identify if there is an intellectual property at issue here. If so, what type? •Discuss if Sam’s actions are ethical. Why or why not? •Discuss the types of tort, if any, Sam committed. Did any of the other parties in this scenario commit a tort? •Discuss if any of Sam’s actions subject him to criminal liability.  Cite a minimum of three peer-reviewed references.  Format your paper consistent with APA guidelines.

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Communication Matrix

Locate videos of teachers interacting with students in the classroom that exhibit the following communication examples:

  • Interpersonal Communication is Transactional
  • Communication through Multiple Channels
  • People Create Meaning
  • Environment and Noise in Communication

For each video, provide a description of both the video and communication example. Then, identify and rationalize an applicable collaboration characteristic that you could use in future professional practice. Utilize the “Communication Matrix” template to complete this assignment.
While APA format is not required for the body of this assignment, solid academic writing is expected, and in-text citations and references should be presented using APA documentation guidelines,

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Time Value of Money, Opportunity Cost, and Income Taxes Worksheet

Time Value of Money, Opportunity Cost, and Income Taxes Worksheet
FP/100 Version 1		 4

University of Phoenix Material

Time Value of Money, Opportunity Cost, and Income Taxes Worksheet

Scenario 1: Time Value of Money / Cash Management Products
1. Use this Bankrate’s Simple Savings calculator to complete Scenario 1: http://www.bankrate.com/calculators/savings/simple-savings-calculator.aspx. You will enter the Initial Amount of Savings (Present Value), Annual Interest Rate (Rate of Return), and Number of Periods/Years into the calculator. The calculator will compute the Future Values.
In this scenario you will look at the impact of interest rates on your savings. Suppose that you have $2,000 of savings. You don’t anticipate needing to dip into these funds in the next five years. Based on the information provided in the table, calculate the future value (FV) of $2,000 at the end of years 1 and 5 if it were to be completely invested in each of the different cash management products.  
Enter your answers in the indicated cells of the table below. The Restrictions/Fees on Product Usage column relates to question 2 of Scenario 1.

Product Annual Interest Rate Restrictions/Fees on Product Usage FV at end of Year 1 FV at end of Year 5
Checking Account 0.00% · No minimum
· No limit on withdrawals		 Answer:2000
Inputs:
Interest Rate per Time Period: 0
Number of Time Periods:
Present Value:		 Answer:
Inputs:
Interest Rate per Time Period:
Number of Time Periods:
Present Value:
Savings Account 1.50% · No minimum
· Limited to 3 withdrawals per month		 Answer:
Inputs:
Interest Rate per Time Period:
Number of Time Periods:
Present Value:		 Answer:
Inputs:
Interest Rate per Time Period:
Number of Time Periods:
Present Value:
Certificate of Deposit (CD) 5% · $500 minimum balance
· Early withdrawal penalty: 180 days of interest plus $25		 Answer:
Inputs:
Interest Rate per Time Period:
Number of Time Periods:
Present Value:		 Answer:
Inputs:
Interest Rate per Time Period:
Number of Time Periods:
Present Value:

2. Based on your calculations and on all you have learned this week, how would you choose to save your $2,000? Consider things such as rate of return, inflation, taxes, liquidity, safety, restrictions, and fees, and explain the rationale for your decision. Respond in at least 50 words.
<Write response here.>
Scenario 2: Time Value of Money / Compounding Interest
3. Use this Bankrate’s Simple Savings calculator to complete Scenario 2: http://www.bankrate.com/calculators/savings/simple-savings-calculator.aspx. You will enter the Initial Amount of Savings (Present Value), Annual Interest Rate (Rate of Return), Interest Compounded, and Number of Periods/Years into the calculator. The calculator will compute the Future Values.
In this scenario you will start with a big deposit and see how interest, compounding, and time will change the balance over time. Suppose that you inherit $10,000 from your late uncle. You save this money and do not deposit any more money to the account. Determine how much money you would have at the end of each of the periods for each of the scenarios in the table below, assuming that you don’t make any withdrawals from the account over the period.
Enter your answers in the indicated cells of the table below:

 Annual Interest Rate Interest Compounded FV at the end of Year 5 FV at the end of Year 10 FV at the end of Year 30
2.00% Annually Answer: Answer: Answer:
2.00% Quarterly Answer: Answer: Answer:
8.00% Annually Answer: Answer: Answer:
8.00% Quarterly Answer: Answer: Answer:

4. Based on your calculations above, explain in your own words the impact of compounding interest.
<Write response here.>
Scenario 3: Cost of Credit / Opportunity Cost / Trade-Offs
 
5. In this scenario you will calculate the monthly payment and total interest paid on a car loan. Suppose that you need $15,000 to buy a used vehicle to get back and forth to work and school. You have $7,500 in a money market fund earning 1.00% per year, but you are not sure you want to use any or all of that money.
Using the tables in Exhibit 1-D, located on pp. 42-43 in the Ch. 1 Appendix of Focus on Personal Finance, determine the total amount of payment due at the end of each year, and divide by 12 to estimate the monthly payment for each of the following loan scenarios. Also, calculate the total amount of interest you would pay over the life of each loan. Be sure to show your work for opportunities to earn partial credit, where applicable.
For example, if you have the correct formula but put a decimal in the wrong spot you could earn partial credit. The first row in the table has been completed to demonstrate you how work can be shown.

Loan Amount Interest Rate Term Monthly Loan Payment = Amount Borrowed divided by “Table Factor in Exhibit 1-D” divided by 12 Total Amount of Interest = (Monthly Loan Payment * Term * 12) – Loan Amount
$7,500 6% 3 years Example:
7500/2.673=2,805.84
2,805.84/12= 233.82		 Example:
(233.82*3*12) – 7,500= 917.52
$7,500 6% 5 years
$10,000 6% 5 years
$15,000 6% 5 years

 
6. Based on the above calculations, the price of the car, and the money available in a money market fund, which loan option would you suggest to someone purchasing a vehicle? Please explain the rationale and considerations for your decision.
<Write response here.>
7. In your own words, how would you summarize “opportunity cost”? How does the concept of opportunity cost apply to this decision? Explain in a brief paragraph.
<Write response here.>
Income Taxes
 
Each year you will need to file a federal income tax return by April 15th. While you may use software or a tax preparation professional to help you complete your return, there are still some terms of which you should have a basic understanding. Respond to the following to demonstrate your understanding. Each response should be at least 50 words.
8. Explain the differences between taxable income and adjusted gross income.
<Write response here.>
9. In your own words, define tax deduction, exemption, and tax credit.
<Write response here.>

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the role of capitalism in corporate decision making

In the land of free trade, the public does not view all industries as equal. Do you believe that is ethical? Do you believe that some industries are unfairly targeted? Should it be consumers’ choice to partake in products that are not healthy for them, or do those companies have an ethical obligation to protect people? In this assignment, you will choose one (1)industry to write about. Possible industries to research could be tobacco, soda, alcohol, casinos, or candy companies, just to name a few.
Write a one and a half to two (1½ – 2) page paper in which you:

  1. Become an advocate for either the consumer or the industry. Prepare an argument explaining the major reasons why you support either the consumer or the industry.
  2. Explain the role capitalism plays in corporate decision making.
  3. Discuss if you believe it is possible for a company to cater to both its best interest and that of the consumer conjointly or if one always has to prevail. Justify your response.
  4. Use at least two (2)quality references. Note: Wikipedia and similar Websites do not qualify as academic resources.
  5. Format your assignment according to the following formatting requirements:
    1. Typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
    2. Include a cover page containing the title of the assignment, your name, your professor’s name, the course title, and the date. The cover page is not included in the required page length.
    3. Include a reference page. Citations and references must follow APA format. The reference page is not included in the required page length.

The specific course learning outcomes associated with this assignment are:

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Fiscal Policy

Fiscal Policy
The U.S. Congress debates a new budget every fiscal year. Most Republicans want to reduce federal spending; most Democrats do not want to reduce spending and may, in some cases, seek to increase it. Choose a perspective, and in your post identify three reasons that the United States should currently seek to decrease or increase federal spending. In your rationale, be sure to reflect on the impact of government spending on GDP and national income. Draw on the course readings and your own research to support your assertions. Be sure to use APA format to cite sources.
Use the course readings and your own research to support your arguments and use APA guidelines for citations and references. Please remember to be respectful at all times. Support your post with the theories presented in the unit readings and resources, using proper APA formatted citations and references.
Resources
Discussion Participation Scoring Guide.