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Genesis Energy Cash Position Analysis 

Assignment 2: Genesis Energy Cash Position Analysis

The Genesis Energy operations management team is now preparing to implement the operating expansion plan. Previously, the firm’s cash position did not pose a challenge. However, the planned foreign expansion requires Genesis Energy to have a reliable source of funds for both short-term and long-term needs.
One of Genesis Energy’s potential lenders tells the team that in order to be considered as a viable customer, Genesis Energy must prepare and submit a monthly cash budget for the current year and a monthly cash budget for the subsequent year. The lender will review the cash budget and determine whether or not Genesis Energy can meet the loan repayment terms. Genesis Energy’s ability to repay the loan depends not only on sales and expenses but also on how quickly the company can collect payment from customers and how well it manages its supplier terms and other operating expenses. The Genesis Energy team members agreed that being fully prepared with factual data would allow them to maximize their position as well as negotiate favorable financing terms.
The Genesis Energy management team held a brainstorming session to chart a plan of action, which is detailed here.

  • Evaluate historical data and prepare assumptions that will drive the planning process.
  • Produce a detailed 2 year cash budget that summarizes cash inflow, outflow, and financing needs.
  • Identify and compare interest rates, both short-term and long-term, using debt and equity.
  • Analyze the financing mix (short/long) and the cost associated with the recommendation.

Since this expansion is critical to Genesis Energy expanding into new overseas markets, the operations management team has been asked to prepare an executive summary with supporting details for Genesis Energy’s senior executives.
Working over a weekend, the management team developed realistic assumptions to construct a working capital budget.

  1. Sales: The marketing expert and the newly created customer service personnel developed sales projections based on historical data and forecast research. Please use the sales projections provided in the template. See “Download” in item 1 below.
  2. Other cash receipt: Rental income $15,000 per month for Y1 and 20,000 for Y2.
  3. Production material: The production manager forecasted material cost based on cost quotes from reliable vendors, the average of which is 45 percent of sales
  4. Other production cost: Based on historical cost data, this cost on an average is 30 percent of the material cost and occurs in the month after material purchase
  5. Selling and marketing expense: Six percent of sales
  6. General and administrative expense: 18 percent of sales
  7. Interest payments: $10,000—Payable in December Y1 and $0 payable in December Y2.
  8. Tax payments: $15,000—Quarterly due on 1st of April, July, October, and January
  9. Minimum cash balance desired: $25,000 per month
  10. Cash balance start of month (December): $10,000
  11. Available short-term annual interest rate is 8 percent, long-term debt rate is 9 percent, and long-term equity is 10 percent. All funds would be available the first month when the firm encounters a deficit
  12. Dividend payment: None

Based on this information, do the following:

  1. Using the Cash Budget spreadsheet, calculate detailed company cash budgets for the forthcoming and subsequent year. Summarize the sources and uses of cash, and identify the external financing needs for both the forthcoming and subsequent years.
    Download this Excel spreadsheet to view the company’s cash budget. You will calculate the company’s monthly cash budget for the forthcoming year and quarterly budget for the subsequent year using this information.
  2. In an executive-level report, summarize the company’s financing needs for the forecast period and provide your recommendations for financing the planned activities. Be sure to comment on the following:
    1. Your recommended financing solution and cost to the firm: If Genesis Energy needs operating cash, how should it fund this need? Are there internal policy changes with regard to collections or payables management you would recommend? What types of external financing are available?
    2. Your concerns associated with the firm’s cash budget. Is this a sign of weak sales performance or poor cost control? Why or why not?

Write a 7-page paper in Word format. Apply APA standards to citation of sources. Use the following file naming convention: LastnameFirstInitial_M3_A2.doc.
By the due date assigned, deliver your assignment to the Submissions Area.
Assignment 2 Grading Criteria Maximum PointsCalculation of a detailed company cash budget for the upcoming year is complete and correct.
All inflow and outflow calculations are correct.
Summary of the sources and uses of cash, and identification of the external financing needs for the upcoming year is complete and correct.48Explanation how the assumed budget of this project will effect dividends for shareholders is clear, specific, and complete. The explanation includes all factors that the firm considers in dividend-decision making.32Recommended financing solution and cost to the firm are clear, complete, and correct. Financing solution includes short-term debt, long-term debt, or even equity.44Explanation of concerns associated with the firm’s cash budget and if it is a sign of weak sales performance or poor cost control is clear, complete, and correct.48Wrote in a clear, concise, and organized manner; demonstrated ethical scholarship in accurate representation and attribution of sources; and displayed accurate spelling, grammar, and punctuation.28Total:200

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A detective arriving to a crime scene

directions:  Be sure to make an electronic copy of your answer before submitting it to Ashworth College for grading.  Unless otherwise stated, answer in complete sentences, and be sure to use correct English spelling and grammar.  Sources must be cited in APA format.  Your response should be four (4) pages in length; refer to the “Assignment Format” page for specific format requirements.
This assignment is comprised of four different parts that will show your learning of various course objectives from Lessons 1, 2, 3, and 4.
You are a detective called to the scene of a homicide in an apartment building. The deceased is a young male who has been stabbed numerous times. The roommate of the deceased man is present in the room, his shirt is covered with blood, and there is a knife on the floor. Uniformed officers are guarding the doors and the roommate. There are four (4) important actions you must take; discuss each of these fully including how the actions should be taken, their importance, and consequences of not taking the actions.

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Key Performance Indicators

“Key Performance Indicators.” Please respond to the following:
Continue to consider the scenario in discussion Question 11 at the end of Chapter 4.
Select three (3) of the deliverables to included in your WBS and for each, produce and discuss with the class three (3) key performance indicators that would be useful.
11. Your family (you, your spouse, and five-year-old child) are planning a trip to Walt Disney World in Orlando, Florida. Representatives from upper management (your spouse and child) have specified that the trip will entail travel to Orlando, a four- night stay, and three days spent in Disney World itself. You and your spouse have allocated about $5,000 from your annual budget for this project. a. Develop a WBS for this project and submit your work in mind map and outline form. You should have at least 30 work packages as the lowest level. b. Select three of the deliverables included in your WBS and, for each, list three key performance indicators.
Within the WBS there are three deliverables that I would like to create key performance indicators for.
1. Create daily meal budget: A simple KPI for this task is to measure whether or not the meal budget was met or exceeded on daily and total vacation package. Early attention to this metric will allow the team to make modifications as needed to ensure that the team does not go over budget for the project.
2. Purchase park tickets: A good KPI here would be cost per use. How much did you pay for access to each park, compared to how many times you visited that park? If you spent $99 per day for access to Epcot Center, but you only entered the part once over three days, that would be a higher cost per use. This would allow the team to determine whether or not the costs was worth the experience for the project team.
3. Hotel Accommodations: One KPI that could be used for hotel would be a survey of overall satisfaction of the hotel for team members. This could consider whether the price point met the expected needs, if breakfast was included, closeness to the park, even comfort of the bed. This would allow the team to have a clear understanding of what needs should be met when selecting the hotel, as well as the effectiveness of the research done by the project team.

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The struggle for equal rights for women has been similar in many ways to the struggle for equal rights for racial and ethnic minorities–but it gained traction about 50 years later. As you imagine what life will be like 50 years from now, what additional gains in equal rights can you envision?

1.
The struggle for equal rights for women has been similar in many ways to the struggle for equal
rights for racial and ethnic minorities–but it gained traction about 50 years later. As you imagine
what life will be like 50 years from now, what additional gains in equal rights can you envision?
2. 
How will the growth of racial and ethnic minority populations affect their place in American society? 
3.  Are traditional views of morality an appropriate consideration for the courts? 
4.
Are traditional views of morality an appropriate consideration for the courts? This is a question that drives much of the law presented in the chapter/s.
How has this played out in relation to Lesbian, Gay, Bisexual, and Transgender (LGBT) rights? 
5.  Is it ethical for human service workers to assist immigrants who they know are in the country without proper authorization? 

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HP Product Variety Management” case study assignment

Read the “HP Product Variety Management” case study. Consider the scenario below and respond to the prompts presented.
Scenario:
Kathy Chou, vice president of sales at HP, has asked Deborah-Anna Reznek (business consultant) and Julie Ward (business optimization) to analyze the post-launch products. Kathy’s priorities are to maximize total revenue and revenue per unit. She provided the data in Exhibit 1 in the case study. Kathy has asked that each product be assigned to one of the following categories: global core product, extended product offering, or candidate for elimination. Also, Kathy has asked for recommendations on how to prioritize products in the portfolio.

  • Classify each product into one of the three categories referenced above. Show your classifications in a table or chart.
  • Assign a priority to each product in the portfolio. Show your priorities in a table or chart.
  • Explain the method you used to determine the product priorities.
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Group Therapy for Addiction

Group Therapy for Addiction
Consider the following scenario:
The psychiatric mental health nurse practitioner is working for a community health clinic that offers state mandated “intensive outpatient rehabilitation” services for individuals who face incarceration for driving while under the influence. Mr. Smith, a 24-year-old male patient, shows up for his initial intake appointment and says, “Look, this sounds like it’s going to be an AA meeting. Can’t I just go there? I only had a couple of drinks. I don’t know why the judge was such a jerk.”
Clients with addictive disorders may present for therapy for various reasons. Some, like Mr. Smith, attend because it is court mandated. Some attend because family or friends have pushed them to do so, while others may attend because life has become unmanageable. Regardless of clients’ reasons for presenting for therapy, to reach these clients and effectively treat them, you must be able to break down barriers, establish relationships, and help them see the benefits of this therapeutic approach.
PLEASE REMEMBER TO REVIEW THE ATTACHED 7 VIDEO TRANSCRIPTS BEFORE DOING THE ASSIGNMENT, and to include a title page, introduction, summary, and references
                                                              The Assignment
In a 2- to 3-page paper, address the following:
· Identify the psychotherapeutic approach that the group facilitator is using and
explain why she might be using this approach.
· Determine whether or not you would use the same psychotherapeutic approach
if you were the counselor facilitating this group and justify your decision.
· Identify an alternative approach to group therapy for addiction and explain why
it is an appropriate option.
· Support your position with evidence-based literature.

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Discussion—Auditor Independence

Assignment 1: Discussion—Auditor Independence

An auditor must not only appear to be independent, but must also be independent in fact. Research the concept of “auditor’s independence” using your textbook, the  University online library resources, and the Internet. Respond to the following:

  • Explain the concept of “auditor’s independence” as it applies to third-party reliance on financial statements.
  • Provide a specific example of how an auditor may be independent in fact, but not appear to be independent.
  • There are several rules that dictate independence. Explain what is meant by independence and independent mental attitude.
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The causes and consequences of divorce

Overview
Sociologists study the connection between individuals and society, applying three key theoretical perspectives to understand the social world. Each perspective provides a different focus for explaining social problems, such as divorce, and their impacts within the private and public spheres of society.
Interactionists focus on micro-level action (i.e., individual, small group factors) and the meanings we attach to them, and how we communicate with one another.
Functionalists focus on macro-level functions (i.e., institutions, structures) to see how components of society fit together.
Conflict theorists focus on macro-level inequalities (i.e., dominant group, power) to understand how conflict is created between competing groups.
You will use the three theoretical perspectives to respond to this week’s discussion questions examining divorce rates and the effects of divorce on society.
Instructions
First, examine the research on marriage and divorce rates in the U.S. that are discussed in your assigned readings.
Then, in your post (minimum of 150 words) respond to the following questions:
What are the causes and consequences of divorce? Why are patterns of divorce often cyclical in nature?
Using either the functionalist, interactionist, or conflict perspective, explain the impact of family violence on individuals and communities.
Support your ideas with information from at least two sources found in your readings and exploration materials, plus one outside resource. Cite your sources in APA Style.

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Herman Miller and Its Rain Forest Chairs

1) Read the reading (available in the additional materials)
2) Answer the questions
Questions:
1) Evaluate Foley’s decision on changing the Eames chair woods. Consider the moral standards at issue for various stakeholders.
2 )Is it troublesome that Miller’s profits were off when Foley made the decision?
3) Is Herman Miller bluffing with “green marketing”? Would Albert Carr (Reading 2.3) support Herman Miller’s actions for different reasons?
4) Why would Herman Miller decided to buy equipment that exceeded the 1990 Clean Air Act standards when it would not be needed in three years?
5) In 2010, sales earnings were down for the company, but Herman Miller retained its sustainability focus. Despite advice from shareholders and experts, the company refused to cut costs by eliminating some of its green programs. Did the sustainability focus help the company with its sales and profits?

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Determine if a probation officer can have an impact to bring about change in an offender.If so, what should the probation officer do to be effective? If not, why? In this assignment, discuss the core value of respect in your response.

Determine if a probation officer can have an impact to bring about change in an offender.If so, what should the probation officer do to be effective? If not, why? In this assignment, discuss the core value of respect in your response.
1200 words. APA format. Abstract page included