Manage Your Health, 11lC. (MYH) is a Fortune 500 company that provides a variety of health care services across the globe. MYH has more than 20,000 full-time
employees and more than 5,000 part-time employees. MYH recently updated strategic plan, and key goals include reducing internal costs, increasing cross-selling of
products, and exploiting new Web-based technologies to help employees, customers, and suppliers work together to improve the development and delivery of its health
care products and services.Below are some ideas the Information Technology department has developed for supporting these strategicgoals: Recreation and WeIlness
Intranet Project Provide an application on the current intranet to help employees improve their health. A recent study found that MYH,Inc. pays 20 percent more
than the industry average for employee health care premiums, primarily due to the poor health of its employees. You believe that this application will help improve
employee health within one year of its rollout so that you can negotiate lower heath insurance premiums, providing net savings of at least $30 employee/year for
full-time employees over the next four years.This application would include the following capabilities: Allow employees to register for company-sponsored
recreational programs, such as soccer, softball, bowling, jogging, walking, and other sports “c Allow employees to register for company-sponsored classes and
programs to help them manage their weight,reduce stress, stop smoking, and manage other health-related issues. “c Track data on employee involvement in these
recreational and health-management programs “c Offer incentives for people to join the programs and do well in them (e.g., incentives for achieving weight goals,
winning sports team competitions, etc. ). 2. Health Coverage Costs Business Model. Develop an application to track employee healthcare expenses and company health
care costs. Health care premiums continue to increase,and the company has changed insurance carriers several times in the past ten years. This application should
allow business modeling of various scenarios as well as tracking and analyzing current and past employee health care expenses and company health care costs. This
application must be secure and run on the current intranet so several managers and analysts could access it and download selective data for further analysis. The
new application must also import data from the current systems that track employee expenses submitted to the company and the company’s costs to the insurance
provider.You believe that having this data will help you revise policies concerning employee contributions to health care premiums and help you negotiate for lower
premiums with insurance companies. You estimate that this application would save your company about 2O/employee/year for full-time employees over the next four
years and cost about $100,000 develop. 3. Cross-Selling System: Develop an application to ill1lrove cross-selling to current customers. The current sales
management system has separate sections for major product/service categories and different sales reps based on those products and services. You see great
opportunities to increase sales to current customers by providing them discounts when they purchase multiple products/services. You estimate that this system would
increase profits by $1 million each year for the next three years and cost about $800,000 each year for development and maintenance. 4. Web-Enhanced Communications
System: Develop a Web-based application to improve development and delivery of products and services. There are currently several incompatible systems related to
the development and delivery of products and services to customers. This application would allow customers and suppliers to provide suggestions, enter orders, view
the status and history of orders, and use electronic commerce capabilities to purchase and sell their products. You estimate that this system would save your
company about $2 million each year for three years after implementation. You estimate it will take one year and $3 million to develop and require 20 percent of
development costs each year to maintain. Manage Your Health, 11lC. (MYH) is a Fortune 500 company that provides a variety of health care services across the globe.
MYH has more than 20,000 full-time employees and more than 5,000 part-time employees. MYH recently updated strategic plan, and key goals include reducing internal
costs, increasing cross-selling of products, and exploiting new Web-based technologies to help employees, customers, and suppliers work together to improve the
development and delivery of its health care products and services.Below are some ideas the Information Technology department has developed for supporting these
strategicgoals: Recreation and WeIlness Intranet Project Provide an application on the current intranet to help employees improve their health. A recent study
found that MYH,Inc. pays 20 percent more than the industry average for employee health care premiums, primarily due to the poor health of its employees. You
believe that this application will help improve employee health within one year of its rollout so that you can negotiate lower heath insurance premiums, providing
net savings of at least $30 employee/year for full-time employees over the next four years.This application would include the following capabilities: Allow
employees to register for company-sponsored recreational programs, such as soccer, softball, bowling, jogging, walking, and other sports “c Allow employees to
register for company-sponsored classes and programs to help them manage their weight,reduce stress, stop smoking, and manage other health-related issues. “c Track
data on employee involvement in these recreational and health-management programs “c Offer incentives for people to join the programs and do well in them (e.g.,
incentives for achieving weight goals, winning sports team competitions, etc. ). 2. Health Coverage Costs Business Model. Develop an application to track employee
healthcare expenses and company health care costs. Health care premiums continue to increase,and the company has changed insurance carriers several times in the
past ten years. This application should allow business modeling of various scenarios as well as tracking and analyzing current and past employee health care
expenses and company health care costs. This application must be secure and run on the current intranet so several managers and analysts could access it and
download selective data for further analysis. The new application must also import data from the current systems that track employee expenses submitted to the
company and the company’s costs to the insurance provider.You believe that having this data will help you revise policies concerning employee contributions to
health care premiums and help you negotiate for lower premiums with insurance companies. You estimate that this application would save your company about
2O/employee/year for full-time employees over the next four years and cost about $100,000 develop. 3. Cross-Selling System: Develop an application to ill1lrove
cross-selling to current customers. The current sales management system has separate sections for major product/service categories and different sales reps based
on those products and services. You see great opportunities to increase sales to current customers by providing them discounts when they purchase multiple
products/services. You estimate that this system would increase profits by $1 million each year for the next three years and cost about $800,000 each year for
development and maintenance. 4. Web-Enhanced Communications System: Develop a Web-based application to improve development and delivery of products and services.
There are currently several incompatible systems related to the development and delivery of products and services to customers. This application would allow
customers and suppliers to provide suggestions, enter orders, view the status and history of orders, and use electronic commerce capabilities to purchase and sell
their products. You estimate that this system would save your company about $2 million each year for three years after implementation. You estimate it will take
one year and $3 million to develop and require 20 percent of development costs each year to maintain Answer the below question based on the above scenario; 1.
Summarize each of the above-proposed projects in a simple table format suitable for presentation to top management. Include the name for each project, identify how
each one supports business strategies, assess the potential financial benefits and other benefits of each project, and provide your initial assessment of the value
of each project. Write your results in a one to two-page memo to top management, including appropriate back-up information and calculations. 2. Prepare a weighted
scoring model using the template provided on the companion Web site for this text to evaluate these four projects. Develop at least four criteria, assign weights
to each criterion, assign scores, and then calculate the weighted scores. Print the spreadsheet and bar chart with the results. Also write a one-page paper
describing this weighted scoring model and what the results show. 3. Prepare a business case for the Recreation and Wellness Intranet Project. Assume the project
will take six months to complete and cost about $200,000. Use the business case template provided on the companion Web site for this text 4. Prepare a project
charter for the Recreation and Wellness Intranet Project. Assume the project will take six months to complete and cost about $200,000. Use the project charter
template provided in this text and the sall1lle project charter provided in Table4-1 as a guide 5. Prepare a change request for this project, using the template
provided on the companion Web site for this text. Be creative in making up information. Visit the companion Web site for this text at www,cengage.com/mis/schwalbe
to access:

Your management team has been retained by a senior manager who is concerned about the effectiveness of his managers and their leadership abilities. He would like
you to develop a training guide that shows how personality traits affect management and leadership. The training guide should be designed to improve the interest
in and leadership skills of his managers. Assignment Guidelines: Your training guide should, at a minimum, include the following: The differences in leadership and
management How factors like personalities, values, attitudes, cognitive differences, emotions, and charisma affect leadership How do courage and morals affect
leadership and leadership decisions? What are the 5 sources of power a leader might possess Your submitted assignment (150 points) must include the following: An
8″?o11 slide PowerPoint presentation that covers all the aspects of the assignment guidelines Include speaking notes If a reference is required, use APA format

The local hospital’s emergency department has 5 trauma bays. On average, patients requiring a trauma bay arrive every 50 minutes (with a coefficient of variation
of 1, no seasonality exists). If the hospital has an available trauma bay, it is immediately allocated to a needy patient. If there are no trauma bays available,
the patient is sent to another hospital. On average, a patient’s length of stay in a trauma bay is 2.0 hours (with a standard deviation of 1.5 hours). The
hospital’s emergency department operates 24 hours a day. a What fraction of the patients requiring trauma bays end up being sent to another hospital? b How many
patients are treated in the trauma bays on an average 24 hour day? c The hospital updated operating procedures for staff, reducing the standard deviation of the
length of stay in a trauma bay from 1.5 to 1.2 hours, but the mean remained at 2 hours. How will this training program affect the number of patients who have
immediate access to a trauma bay? d New state regulations require that every emergency department be able to accommodate at least 99.5% of all patients needing a
trauma bay with no waiting. What is the minimum number of trauma bays necessary to meet this requirement? (Assume that the time spent in the trauma bay cannot be
changed from the original mean of 2.0 hours.)

Let’s say you own a small construction company. You need to decide whether to buy a bulldozer to add to your equipment fleet. You assume that the construction
industry could be Good, Mediocre, or Bad, and associate a dollar value for your profits with each possible state of the economy. Your profits will also depend on
whether you buy the equipment as follows: *Buy the bulldozer and the economy is good should yield a profit of $120K. *Buy the bulldozer and the economy is mediocre
should yield a profit of $80 K. *Buy the bulldozer and the economy is bad should yield a profit of -$50K. (That’s negative!) *Don’t buy the bulldozer and the
economy is good should yield a profit of $100K using your other equipment. *Don’t buy the bulldozer and the economy is mediocre should yield a profit of $75K using
your other equipment. *Don’t buy the bulldozer and the economy is bad should yield a profit of $60K using your other equipment. *The probability that there is a
“good” economy is 20%. *The probability that there is a “mediocre” economy is 55%. *The probability that there is a “bad” economy is 25%. Q-2a: Draw the decision
tree. Q-2b: What is the EMV associated with the decision to buy the bulldozer? Q-2c: What is the EMV associated with the decision not to buy the bulldozer? Q-2d:
What is the best decision

What I need you to do is read the case: THE HUNT FOR SEASONAL WORKERS CROSSES BORDERS, article and answer the question below it. There should be an Introduction,
follow by the answer to all three question separate you answer for example there should be and only for question and so on end with Summary and Conclusions Every
summer, High Sierra Pools needs lifeguards, and the Broadmoor Hotel in Colorado Springs adds 500 employees to its staff of 1,200 to handle the peak season. As the
tourist season heats up on Cape Cod, Bubala’s by the Bay needs extra restaurant workers. For these and other companies in the resort and hospitality industry, the
seasonal rise in demand for workers creates an annual labor shortage. The peak in the demand for labor is too steep to handle with overtime, and the type of work
can’t be outsourced to dishwashers or lifeguards in another location. The main option for employers is to find workers who want a summer job. In the past, summer
jobs were filled with high school and college students. Today, however, more students are looking for internships or jobs related to their career plans. Many
high-schoolers are trying to improve their college prospects by taking courses or signing up for travel and service projects. Academic years now often start in
August, so students aren’t available through Labor Day. As a result, resort and pool owners have found it nearly impossible to fill seasonal jobs, even after
boosting wages. High Sierra, for example, tried running newspaper ads in regions of then United States where unemployment was high, as well as recruiting students
from swim teams. Such efforts largely failed. The solution for High Sierra, the Broadmoor, Bubala’s, and other seasonal employers has come from other countries.
These companies have begun recruiting seasonal workers to come to the United States under a visa program called H-2B, which admits foreign workers for jobs lasting
up to six months. Employers wishing to hire these workers must obtain approval by filing applications with the Department of Labor, Department of State, and
Department of Homeland Security and must prove they cannot fill their jobs with American workers. To be considered for an H-2B visa, the foreign workers must show
they have binding ties to their own countries so that they will return home when the visa expires. High Sierra’s first H-2B hires came from Germany. As economic
conditions made it more attractive for young Germans to stay in Europe, the company began pushing its recruiting efforts farther east. Recently, High Sierra found
most of its lifeguards in Bulgaria, the Czech Republic, Russia, and Kazakhstan. To recruit employees in these countries, the company’s Web career pages are
available in several languages (with links from the countries’ flags). The career pages explain to young recruits and their parents how the company will help them
with housing, health care, and other needs in America. In a recent year, half of the company’s 500 temporary workers were foreigners. 146 PART 2 Acquiring and
Preparing Human Resources These employees put in far more than half the needed hours, as they preferred to work 60 hours a week to earn overtime pay. The
Broadmoor’s H-2B workers come mostly from Jamaica. Many return year after year, so they are already trained when they arrive. Jamaican workers also staff Bubala’s
by the Bay, working as sous chefs, line cooks, and dishwashers. The restaurant’s general manager says, “We can’t operate our business without these guys at all.”?
One downside of this option for combating a labor shortage is that it is subject to changing government policies. The federal government sets a limit, or cap, on
the number of H-2B visas that may be issued each year. At the time this case was written, the number of H-2B visas that may be issued was 66,000 per year. Congress
temporarily allowed businesses to obtain visas for returning workers who previously had received H-2B visas without counting those workers against the cap.
However, that temporary provision expired. Businesses that relied on workers with H-2B visas have lobbied Congress to extend the provision for returning workers;
but unless they succeed, they must find new solutions for their labor shortage if they cannot fill all their vacant positions before the visa cap is reached.
SOURCES: June Kronholz, “Why Filling Summer Jobs Is Tougher and Tougher,”? Wall Street Journal, July 6, 2007, http://online.wsj.com ; Joan Johnson, “Competition
Heating Up Summer Job Season in Colorado Springs,”? Colorado Springs Business Journal, June 29, 2007, downloaded from General Reference Center Gold,
http://find.galegroup.com ; Sarah Shemkus, “Cape Cod Employers Fear Changes in Visa Rules Could Reduce Seasonal Workforce,”? Cape Cod Times, October 5, 2007,
http://find.galegroup.com ; High Sierra Pools, “Lifeguards and Pool Managers”? and “Sierra for Parents,”? High Sierra Web site, www.highsierrapools.com , accessed
January 15, 2008; and U.S. Citizenship and Immigration Services, “Current Cap Count for Non-immigrant Worker Visas for Fiscal Year 2008,”? USCIS Employer
Information, www.uscis.gov , accessed January 8, 2008. Questions 1. If the companies described in this case cannot fill all vacant seasonal jobs with workers under
H-2B visas, what other options are available for filling the jobs? 2. Which of the additional options, if any, would you recommend? 3. What additional recruiting
strategies, besides the ones described in this case, would you recommend

Could someone please explain how the objective function value would change when the right hand side value changes. For maximization questions: For a positive
shadow price, an increase in the R.H. side would increase the objective function value which is good; a decrease in the R.H. side would decrease the objective
function value which is bad For a negative shadow price, an increase in the R.H. side would decrease the objective function value which is bad; a decrease in the
R.H side value would increase the objective function value which is good? Is this the same for minimization problems? Positive shadow price – increase R.H. side
would increase the objective function value -> bad; decreasing the R.H. side would decrease the objective function value -> good. Negative shadow price –
increasing the R.H. side would decrease the objective function value -> good; decreasing the R.H side would increase the objective function value -> good.
Thank you!!

Timo Corporation, an amusement park, is considering a capital investment in a new exhibit. The exhibit would cost $144,980 and have an estimated useful
life of 9 years. It believes it can sell the exhibit for $72,400 at that time. (Amusement parks need to rotate exhibits to keep people interested.) If the
project sells the company will recoup all gains from the sale of the exhibit. It is expected to increase net annual cash flows by $27,900. The company’s
borrowing rate is 8%. Its cost of capital is 10%. Its tax rate is 20%. The exhibit will be depreciated using 5 year straight line depreciation with the
half year convention. Calculate the net present value of this project to the company.

Select one:

a. Negative
$12,190

b. Negative
$15,323

c. Positive
$12,190

d. Positive
$15,323

Textbook: NEW Corporate Finance Online — Instant Access

Stanley Eakins

William McNally

ISBN-10: 0132830647 “c ISBN-13: 9780132830645

Must show all work for credit- except for Excel IRR problems or multiple choice, then no work necessary

1) The Seattle Corporation has been presented with an investment opportunity which will yield end of year cash flows of $30,000 per year in Years 1 through 4,
$35,000 per year in Years 5 through 9, and $40,000 in Year 10. This investment will cost the firm $150,000 today, and the firm’s cost of capital is 10%.
What is the NPV for this investment and should the company accept the project? A sentence or 2 explaining Why/Why Not?

2) Two projects each require a current cash expenditure of $10,000. Project A will generate cash inflows of $2,000 per year for the next twelve years. Project
B is expected to return $6,000 in 1 year, $4,000 at the end of year 2, and $3,000 in 3 years. Which project should be selected if funds are
unavailable to finance both and capital costs are 6%?

3) What is the payback period for the Airbus A380 project? Initial project investments were $13B. Assume that the initial investment was paid on Dec 31, 2008.
Assume that Airbus will produce 60 aircraft per year for five years. Each aircraft will be sold for $230M and total operating costs are
75% of revenues. (Hint: Not all the $230M per plane gets recorded as operating cash flows, what percent is?). Assume that revenues and costs occur at
year-end with the first revenues (and costs) occurring on Dec 31, 2009. Ignore taxes and assume that there are no terminal year cash flows. What is the payback period?

4) An insurance firm agrees to pay you $3,310 at the end of 20 years if you pay a premium of $100 per year at the end of each year of the 20 years. Find the internal rate of return to the nearest whole percentage point.

5) A project costs $12,000 and has a discount rate of 15%. Calculate the profitability index of the project that has cash flows of
$2,500 in years 1 and 2, and $4000 in years 3 and 4. Also, should you accept the project? A sentence or two Why/why not?

6) 13) As a newly hired financial analyst, your first job at VersaLife Corporation is to calculate the company’s cost of capital. The present capital
structure, which is considered optimal, is as follows:

Market Value

Debt $80 million

Preferred Stock $10 million

Common Equity $110 million

If VersaLife Corporation issues new debt, then the bond market expects a yield of 7.5%. Preferred stock is trading for $96, has a $100 par value and pays an
annual dividend of 8% (the next dividend is due in one year). Common equity has a beta of 1.20, the market risk premium is 5%, and the risk-free rate is 3%. If
the firm’s tax rate is 40%, what is the weighted average cost of capital?

(No explanation/work necessary.)

7) Capital structure may be defined as

A) a collection of securities assembled by an investor.

B) a schedule of projects that have positive NPVs.

C) the use of bank loans by a firm.

D) the mix of debt and equity.

E) another term for the investment opportunities’ schedule.

8) The essence of Modigliani and Miller’s irrelevance theory is that

A) increasing operating leverage will maximize EPS.

B) shareholders prefer to invest in firms with a high degree of financial leverage.

C) altering a firm’s capital structure will increase its value.

D) utilizing more debt will increase a firm’s value.

E) the value of the firm will not be changed by how assets are distributed between bondholders and stockholders.

9) What is the optimal capital structure?

A) The capital structure that frees up the most cash flow

B) The capital structure that makes management the most money

C) The capital structure that produces the highest firm value

D) The capital structure that keeps the most control within the company

10) Which of the following statements is true?

A) When choosing a target capital structure, the goal is to increase the degree of operating leverage.

B) A firm’s degree of operating leverage has no impact on how much debt it uses.

C) A firm’s decision to use more debt can affect its cost of equity.

D) Total leverage can be calculated by adding the degrees of financial and operating leverage together.

E) All firms in an industry often have similar capital structures.

Who is paid last in the event of bankruptcy?

A) Shareholders

B) Secured Bond Holders

C) Banks

D) Debenture Holders

E) Suppliers

QUESTION 1
Evaluate the following limits:
a)

b)

c)
QUESTION 2
a) Determine the points at which the following function is not continuous:

b) Obtain the values of such that the following function is continuous everywhere:

c) Determine whether the following function is continuous at :

QUESTION 3
Let , where .
a) Show that .
b) Show that .
c) Show that .
QUESTION 4
a) Determine the derivative of the function and using the definition of the derivative.
b) Hence, compute .

Texas Rose Company

Assignment “?o completely answer the following questions:

1. Tyler’s total sales forecast for the nursery’s first full year of operations is 228,000
plants at an average sales price of $5 per plant. As a first approximation, assume that 30 percent of the firm’s customers will pay 10 days after the sale, 55
percent will pay on the 30th day, and 15 percent will pay on the 60th day.

a) What is the firm’s projected days sales outstanding (DSO)?

b) What is the projected average daily sales? (Use a 360-day year.)

c) What is Texas Rose’s projected average receivables level?

d) If Tyler is estimating a gross profit margin, or contribution margin, of 40 percent, how
much of the receivables balance must actually be financed? What would Texas Rose’s balance sheet figures for accounts receivable and notes payable be at the
end of the year if notes payable are used to finance the investment in receivables?

e) If short-term bank loans cost 12 percent, what is the projected annual cost of carrying
the receivables?

2. In general, what are the primary factors which influence the level of receivables
outstanding, and thus which might change and cause a change in the firm’s level of receivables? What factors influence the dollar cost of carrying the
receivables?

3. Refer to the monthly sales forecasts given in the first Table. Assume that these amounts
are realized and that the firm’s customers pay exactly as predicted.

a) What would the receivables level be at the end of March and at the end of June?

b) What is the firm’s forecasted average daily sales for the first three months of
operations? For the entire half-year?

c) What is the implied DSO at the end of March? At the end of June? What is the relationship
between the DSO and the average collection period?

d) Does the DSO indicate that the firm’s customers have changed their payment behavior from
the first to second quarter? Is DSO a good management tool in this situation? If not, why not?

4. Construct aging schedules as of the end of March and the end of June. What do these
schedules indicate about the customers’ payment patterns? Explain.

5. Construct the uncollected balances schedule as of the end of March and the end of June. Do
these schedules properly measure customers’ payment patterns? If you wanted to monitor one number from the schedule, what would be the best one? Explain your
answers.

6. Assume that Texas Rose does receive financing and is now an unqualified success, and that
Tyler is developing the firm’s pro forma financial statements for the second year of operations using the sales forecast provided in the 2^nd
table. What is the best forecast of the firm’s receivables at the end of March and the end of June? Explain.