Assignment 2: lasa 1: theories of development and application
Description
In this assignment, you will explore and apply theories of development to your personal experiences.
Background
Understanding theories of development is key in psychology. All people proceed through specific areas of change and growth in key areas as they go through life. Whatever path we take in life, understanding theories of development will assist us in motivating and guiding others, as well as understanding ourselves.
Instructions
Apply the theories of development to your personal life experience by answering each of the following questions.
Jean Piagets Stage Theory of Cognitive Development: At what age do you feel you entered the stage of Formal Operational Thought? Explain the stage briefly and then focus on providing examples of ways your thinking has shifted to indicate you have developed into this stage of reasoning. (For instance, provide an example of how your views of justice or morality have shifted as youve matured.)
Developmental Stage Theory of Erik Erikson: Choose one stage from Eriksons Developmental Stage Theory and apply it to your own life. Explain the stage, age that it occurs, and how the central challenge of that stage played out in your life. What was the outcome of this stage for you? Did anything happen in your life prior to that stage that affected the outcome? How does the outcome from that stage affect how you are today? Provide specific details that demonstrate your understanding of the stage you choose.
Lawrence Kohlbergs Theory of Moral Development: Considering the moral or ethical decisions that you have made in your life, describe one decision you made based on one of the three levels of moral development. Be sure to clearly explain the level of moral development and clearly identify the underlying ethical reasoning behind your decision. (For instance, you may explain a decision you made based on Preconventional morality when you were a child, or you may focus on a decision you made from a higher level of development as an adult.)
Developmental Milestones: Motor Development. The unfolding of biological potential is known as maturation. Motor skill development in babies is mostly controlled by the process of maturation. Think about a child that you have known (yourself, your own child, a friend or family member). Describe how the child progressed from rolling over, to sitting, standing, and walking. At what age did each milestone occur? Did the development occur in a typical sequence based on what youve learned in your text? Is there anything that occurred in the childs environment that either delayed motor development or facilitated it? What is the difference between maturation and learning, based on your readings and observation?
Your response should be a 34-page Microsoft Word document written in a clear, concise, and organized manner. Be sure to demonstrate ethical scholarship in accurate representation and attribution of sources (i.e., APA); and display accurate spelling, grammar, and punctuation.
Poetry analysis comparison contrast
Paper #1: Poetry Analysis Comparison Contrast
Due Week 6
Minimum page requirement: 4-5 pages/1000-1250 words
Double-spaced
MLA documented
Steps for Writing a Poetry Analysis
1.Read each poem twice. Try to analyze your first impression of it and write down a few comments.
2.Research the author of the poems if you are not familiar with him or her yet, and the history of the poems creation. Try to find out what inspired the poet and what gave rise to the idea for this particular poem, whether it was a reflection on what the poet personally experienced or witnessed, etc.
3.Read the poems once again, this time slower. Try to pay attention to the particular word selection, organization of the poem and poetic figures used, etc.
4.Start your poetry analysis with a description of the story, or situation, depicted in the poem. Make sure to answer these questions: Where? When? What happened? What is described? Who is involved? Pay attention to how the author develops the story and what instruments are used to indicate the culmination of the poem.
5.Now move on to the technical side of your poetry analysis. Analyze the poems rhyme and meter, and the structure of each stanza. Define each poetic figure used and give specific examples of allegories, metaphors, hyperboles, personifications, similes, litotes, and other literary devices. Try to identify the mood of each stanza, whether it is ironic, sad, cheerful, bitter, romantic, philosophical, etc.
6.Give your personal reflection of the poems what you think it is about (normally, there is a figurative sense behind every poem). Here you can go back to your primary research about the author and the poems history.
7.Give a conclusion. Mention, whether you enjoyed the poems and whether the poet, in your opinion, succeeded in bringing particular feelings and ideas to the reader (the one the author supposedly intended to bring up, in your understanding of the poems).
Poem I
By Pablo Neruda
If You Forget Me
I want you to know
one thing.
You know how this is:
if I look
at the crystal moon, at the red branch
of the slow autumn at my window,
if I touch
near the fire
the impalpable ash
or the wrinkled body of the log,
everything carries me to you,
as if everything that exists,
aromas, light, metals,
were little boats
that sail
toward those isles of yours that wait for me.
Well, now,
if little by little you stop loving me
I shall stop loving you little by little.
If suddenly
you forget me
do not look for me,
for I shall already have forgotten you.
If you think it long and mad,
the wind of banners
that passes through my life,
and you decide
to leave me at the shore
of the heart where I have roots,
remember
that on that day,
at that hour,
I shall lift my arms
and my roots will set off
to seek another land.
But
if each day,
each hour,
you feel that you are destined for me
with implacable sweetness,
if each day a flower
climbs up to your lips to seek me,
ah my love, ah my own,
in me all that fire is repeated,
in me nothing is extinguished or forgotten,
my love feeds on your love, beloved,
and as long as you live it will be in your arms
without leaving mine.
Poem II
By Sara Teasdale
I Am Not Yours
I am not yours, not lost in you,
Not lost, although I long to be
Lost as a candle lit at noon,
Lost as a snowflake in the sea.
You love me, and I find you still
A spirit beautiful and bright,
Yet I am I, who long to be
Lost as a light is lost in light.
Oh plunge me deep in love put out
My senses, leave me deaf and blind,
Swept by the tempest of your love,
A taper in a rushing wind.
Fin571 fin/571 week 4 quiz wileyplus
1. Present value: Tommie Harris is considering an investment that pays 6.5 percent annually. How much must he invest today such that he will have $25,000 in seven years? (Round to the nearest dollar.)
$26,625
$16,088
$23,474
$38,850
2. PV of multiple cash flows: Jack Stuart has loaned money to his brother at an interest rate of 5.75 percent. He expects to receive $625, $650, $700, and $800 at the end of the next four years as complete repayment of the loan with interest. How much did he loan out to his brother? (Round to the nearest dollar.)
$2,250
$2,404
$2,713
$2,545
3. PV of multiple cash flows: Hassan Ali has made an investment that will pay him $11,455, $16,376, and $19,812 at the end of the next three years. His investment was to fetch him a return of 14 percent. What is the present value of these cash flows? (Round to the nearest dollar.)
$41,675
$39,208
4. PV of multiple cash flows: Pam Gregg is expecting cash flows of $50,000, $75,000, $125,000, and $250,000 from an inheritance over the next four years. If she can earn 11 percent on any investment that she makes, what is the present value of her inheritance? (Round to the nearest dollar.)
$309,432
$412,372
$434,599
$361,998
5. Present value of an annuity: Transit Insurance Company has made an investment in another company that will guarantee it a cash flow of $37,250 each year for the next five years. If the company uses a discount rate of 15 percent on its investments, what is the present value of this investment? (Round to the nearest dollar.)
$124,868
$101,766
$251,154
$186,250
6. Future value of an annuity: Carlos Menendez is planning to invest $3,500 every year for the next six years in an investment paying 12 percent annually. What will be the amount he will have at the end of the six years? (Round to the nearest dollar.)
$28,403
$24,670
$21,000
$26,124
7. Bond price: Briar Corp is issuing a 10-year bond with a coupon rate of 7 percent. The interest rate for similar bonds is currently 9 percent. Assuming annual payments, what is the present value of the bond? (Round to the nearest dollar.)
$872
8. PV of dividends: Cortez, Inc., is expecting to pay out a dividend of $2.50 next year. After that it expects its dividend to grow at 7 percent for the next four years. What is the present value of dividends over the next five-year period if the required rate of return is 10 percent?
$11.50
$11.88
9. PV of dividends: Givens, Inc., is a fast growing technology company that paid a $1.25 dividend last week. The companys expected growth rates over the next four years are as follows: 25 percent, 30 percent, 35 percent, and 30 percent. The company then expects to settle down to a constant-growth rate of 8 percent annually. If the required rate of return is 12 percent, what is the present value of the dividends over the fast growth phase?
$7.25
$8.37
$6.46
$1.25
Answer to this essay -200 words minimum(o)
I need to make an answer based on this essay on Purnell Model as a cultural competence. Must be a minimum of 200 words. References supporting the answer should be included.
Purnell model contains rings that explain the development of cultural awareness and how it expands. It outlines the elements that impact an individuals culture. This model is utilized as a model for teaching intercultural competence in different professions. Even though this model was initially developed to be applied to nursing students, it can be used by other professions such as teaching and management among others (Mardis Oberg, 2019). It uses various ideas and concepts on individuals, cultures, healthcare professionals, and healthcare. With this model, it makes it possible to create and evaluate cultural competence. The cultural characteristics may be based on factors such as religion, race, sexual orientation, physical characteristics, and gender, among others.
The Purnell model contains twelve cultural domains. The first domain is the overview/heritage. It describes concepts that are related to a country of origin, politics, economics, and occupation, among others. Second domain is communication. This involves the concepts that are linked to languages and dialects. Third domain is family roles and organization. Its concepts are interconnected with the head of a household and roles based on gender. The fourth domain is the workforce. Its concepts are linked to autonomy and communication styles based on ethnicity, among others. The fifth domain is bicultural ecology. Its concepts are based on an individual ethnic and racial origin. Sixth domain is high-risk behavior. This may involve issues such as the use of drugs, among others. Seventh domain is nutrition. Its concepts are involved with an individuals nutrition such as food choices (Mardis Oberg, 2019). The eighth domain is pregnancy and childbearing which is involved with concepts that are related to fertility practices. The ninth domain is death rituals which are involved with the cultural view of death. The tenth domain is spirituality which is involved with religious practices. Eleventh domain is healthcare practices which focus mainly on healthcare. The last domain is healthcare practitioner which focuses on concepts such as status and perceptions of tradition.
Assumptions
The first assumption of the Purnell model is that all healthcare professionals should be impacted by the same information on cultural diversity. All healthcare professions should also have the same metaparadigm concepts of health, person, community, and family. The second assumption is that no culture is superior to the other. Cultures are different but have similarities. The third assumption is for a caregiver to increase or improve their self-awareness, they need to know about cultural awareness. The fourth assumption is that for a provision of culturally sensitive and culturally competent care, healthcare professionals need to have information on cultural-general and cultural-specific. The fifth assumption is that there are various factors that healthcare should consider for it to be effective. Some include attitudes, beliefs, and values among others (Mardis Oberg, 2019). The sixth assumption of this model is that understanding culture will help in reducing cases of bias and prejudice. Lastly, everyone should be respected regardless of their cultural heritage or uniqueness.
How this model helps us to provide cultural competence healthcare
Purnell model may be used by healthcare providers in any healthcare setting and hence may help in the provision of a team-oriented healthcare environment. The model provides a framework that can be used by healthcare providers in different settings and disciplines. This model will hence lead to improved opportunities, provision of individualized care, and prevention of illnesses and diseases (Douglas, Pacquiao Purnell, 2018). With the general knowledge and skills in culture, healthcare professionals will be culturally competent.
(long-term english language learners) 200 word (this not an essay,
Chapter 1 of our text defines long-term English learners (LTELs) as learners who have been enrolled for more than six years and are not making substantial academic progress (Piper, 2015). Using information introduced in Chapter 1 and the Menken and Kleyn (2009) article, The Difficult Road for Long-Term English Learners, address the following:
Describe the characteristics of an LTEL.
Provide suggestions on how teachers can address the challenges of LTELs to move them to a proficient level of English learning.
Share your opinion on how much accountability should be placed on administrators, teachers, students, and parents respectively.
Refer to and properly cite the sources from which you are basing your position.
As you learn more about English language learners, youll discover one particular sub-group which provides its own unique challenges: long termers. Many were actually born in the United States, but are still in program. Why is this so? What can teachers do about these students? What affect does this status have on these ELLs? One dismal statistic that has emerged from examining the characteristics of LTELs in New York City schools found that the average grade for this group of students was 69.20 percent. This type of feedback begins to slowly wear away at a students motivation and desire to learn (Syrja, 2011, p.17). Have you heard of effort optimism? Feel free to discuss in a reply to these tips!
Here is the scoring rubric for this discussion posting:
Week 1: DQ2: Long-Term English Learners
______/4
Describe the characteristics of an (LTEL).
_____/1
Provide 3 suggestions on how teachers can address the challenges of (LTELs) to move them to a proficient level of English learning. Be sure to discuss specific challenges.
______/1
How much accountability should be placed on administrators, teachers, students, and parents? Be sure to discuss each and one strategy or idea for each to use.
_____/.8
Cite the course text at least once in your writing. Check for accurate APA citing, grammar/spelling
_____/.4
Respond to 2 peers postings with quality responses: 1____ 2_____
____/.8
Check out the Discussion Forum rubric tab to help guide your writing style
To cite at the end of your post:
Syrja, R.C. (2011). How to reach and teach English language learners: Practical strategies to ensure success. San Francisco, CA: Jossey-Bass.
To cite in your post: (example)
Syrja states, At a time when the number of English language learners (ELLs) in classrooms is increasing dramatically, we are in desperate need of research into what works specifically with these students
(2011, p.5).
Be sure to respond to 2 peers. Think about Blooms Taxonomy. How can you help your classmates operate at a higher level of understanding?
Syrja, R.C. (2011). How to reach and teach English language learners: Practical strategies to ensure success. San Francisco, CA: Jossey-Bass.
Menken, K., Kleyn, T. (2009, April). The difficult road for long-term English learners.Supporting English Language Learners. Retrieved from http://www.ascd.org/publications/educational_leadership/apr09/vol66/num07/The_Difficult_Road_for_Long-Term_English_Learners.aspx
Piper, T. (2015). Language, learning, and culture: English language learning in todays schools. San Diego, CA: Bridgepoint Education, Inc.
Consumer behaviour | Human Resource Management homework help
Consumer Behaviour Analysis ReportAssessment type: Individual assessment containing 2 tasksValue: 30% of total marks made up of:Task 1 Interview notes 10%Task 2 Analysis Report 20%Due Date: Task 1 Interview records add as an attachment to your report (Task 2)Task 2 Analysis Report September 25th, 5.00 pmReport Submission: Step 1 upload to Turnitin for similarity checkingUpload your submission to Turnitin for similarity checking you will receivean email from Turnitin regarding access. This will be sent to the email givento KOI when enrolling. If you have not received this email by the end of week4, please contact your tutor immediately.Step 2 upload to Moodle for markingOnce you are happy with the level of similarity, the assessment needs to beuploaded to Moodle for marking. The link for this will be in the top sectionof the subject home page in MoodleAssessment TopicYou are to interview 3 (three) different people regarding a recent purchase they have made youcan use family or household members, or friends or class mates.The three purchases must be of different levels of purchase involvement Person 1 = high involvement, Person 2 = medium involvement, Person 3 = low involvement.Items of a very personal or confidential nature should be excluded.Task 1You need to develop a series of questions (a questionnaire) which you can use to ask all three peopleabout their purchases all three people need to be asked the same questions. You will need toattach a typed record of each interview to your report as Attachments 1, 2 and 3. It might beeasier to electronically record the interviews so you can transcribe the answers later.Your questions need to include:? Item Purchased and level of involvement why is it this level?? Brand Name? Price? Place of Purchase? Other Descriptive Information as appropriate? Reason For Purchase: Product, brand and place this will require several questions and shouldrelate to various consumer behaviour theory you have learnt in class and from your readingse.g. bought because of situational factors, learning, personality etc.? Feelings Associated with Purchase? Sufficient demographic, geographic, psychographic and behavioural questions to create a targetmarket description the person you are interviewing is considered typical of a particularmarket segment.Task 2You now need to use this research as a marketer might do so.Task 2 is to prepare a report containing 3 parts, one covering the purchase made by each person.Part 1 should be the high involvement productPart 2 should be the medium involvement productPart 3 should be the low involvement product.For each Part (i.e. each person/product), describe the target market that the purchaser belongs tofor this type of purchase use as many of the segmentation description variables as needed to givea detailed description of the typical purchaser. Provide a summary of the relevant information fromyour interviews and analyse the consumer behaviour involved in the purchase using appropriateconsumer behaviour to support your analysis.As the marketer of each of these products, explain how you can use the information gathered inyour research to improve the marketing of this product to the target market. You should considerwhat promotional messages you could use, and any other strategies that could be used to increasesales to the target market these strategies could include packaging, pricing, sales promotions,distribution etc.Report Presentation Length 1000 1500 words for each part.- Title page containing report title and authorship make it attractive.- Suitable heading and subheadings, including an introduction conclusion.- High Involvement Purchase,- Medium Involvement Purchase and- Low Involvement Purchasecan be used for the main headings but suitable sub-headings need to be used also to identify thedifferent sections of the discussion.- Each main section should be concluded with Marketing Recommendation.- Harvard style body of report referencing and a bibliography.- Attachments containing the interview transcripts
Ethics, transition to practice, children and adolescents health and
APA format
1) Minimum 6 pages (No word count per page)- Follow the 3 x 3 rule: minimum three paragraphs per page
You must strictly comply with the number of paragraphs requested per page.
Part 1: minimum 1 page
Part 2: minimum 1 page
Part 3: minimum 2 pages
Part 4: minimum 1 page
Part 5: minimum 1 page
Submit 1 document per part
2)¨******APA norms
All paragraphs must be narrative and cited in the text- each paragraph
Bulleted responses are not accepted
Dont write in the first person
Dont copy and paste the questions.
Answer the question objectively, do not make introductions to your answers, answer it when you start the paragraph
Submit 1 document per part
3)****************************** It will be verified by Turnitin (Identify the percentage of exact match of writing with any other resource on the internet and academic sources, including universities and data banks)
********************************It will be verified by SafeAssign (Identify the percentage of similarity of writing with any other resource on the internet and academic sources, including universities and data banks)
4) Minimum 3 references (APA format) per part not older than 5 years (Journals, books) (No websites)
Part 3: Minimum 4 references (APA format) per part not older than 5 years (Journals, books) (No websites)
All references must be consistent with the topic-purpose-focus of the parts. Different references are not allowed.
5) Identify your answer with the numbers, according to the question. Start your answer on the same line, not the next
Example:
Q 1. Nursing is XXXXX
Q 2. Health is XXXX
6) You must name the files according to the part you are answering:
Example:
Part 1.doc
Part 2.doc
__________________________________________________________________________________
Part 1: Ethics
Watch the Pinto case and the cost-benefit analysis discussed in the first part of this video.
Justice: Whats The Right Thing To Do? Episode 02: PUTTING A PRICE TAG ON LIFE YouTube
1. Is it moral to put a price tag on human lives?
a. Explain, why?
2. How can Utilitarianism help in this Pinto case?
Part 2: Transition to practice
Topic: Strategies for Transitioning to the NP Role
1. Identify and describe 3 strategies that can be used to assist you (Nurse) in your role transition from where you are (Pediatric primary care) to where you want to be as an NP (Pediatric psychiatry).
Part 3: Children and adolescents health
Topic: Acute Otitis Media (AOM),
Complete the template. minimum 600 words
Part 4: Children and adolescents health
Topic: Pharmacological Management for the Primary Care Pediatric Patient
1. Sharing experiences that you have encountered so far in your pediatric clinical with prescribing medication for children who present AOM.
Part 5: Health care policy
1. Describe the key concepts underlying community activism
a. Social justice
b. Community
c. Consciousness-raising
d. Critical reflection
e. Praxis
f. Empowerment
2. Give a brief example of how each of these concepts applies to a specific context.
3. Describe 2 strategies for how Advanced Practice Nurses can engage in community activism to limit further negative health impacts from Big Tobacco in their respective health communities.
Attached below is an additional resource, an article, that details various ways by which nursing professionals can engage in community activism.
Patient Advocacy in the Community and Legislative
Arena: http://nursingworld.org/MainMenuCategories/ANAMarketplace/ANAPeriodicals/OJIN/TableofContents/Vol-17-2012/No1-Jan-2012/Advocacy-in-Community-and-Legislative-Arena.html?css=print
Assurance for Teamwork Essay Response
I want a reply post to the below essay in 200 words using apa format and journal articles:The guarantee for the team members to accomplish the target task is to complement each other and give full play to each person’s specialty to make it synergistic. This is the spirit of collaboration, which is the essence of teamwork. Set up different positions, select different talents, give different treatments, cultivate and affirm, let each member be able to express their strengths, and then gather all the specialties together. The goal of the team is based on clear project objectives, so the team manager must clearly outline the overall project objectives, project scope, work breakdown structure, schedule, etc. in the work plan. And because team members have their own personal goals when joining the team or project, the team manager should fully consider the factors of personal goals when formulating the project’s sub-goals. If team members’ personal goals are organically combined with the project goal, in the future the team members can get great support during work. In the process of designing the team, factors such as corporate and personnel need to be considered. The Personnel factor, for example, respects the individual’s hobbies and specialties.It is important to form and train team members. The success of a task is closely related to the quality of the team members. Put the right people in the right place, give full play to the strengths of the project team members, and then bring their results together to achieve the team’s work goals. But sometimes, it is not necessary to choose people with the same style to be paired into groups. Working with different styles of staff often helps to complement each other, inspire and create better collaboration benefits.A smooth communication channel is needed. Without the establishment of a good communication channel, it will hinder the communication between team members, and it is impossible to create a good collaborative team. Therefore, team managers must ensure that a complete communication network is established as early as possible, and effective two-way communication in the communication channel enhances understanding and friendship among members and fosters the spirit of teamwork.The establishment of Team-based reward and recognition structure adopted by corporation has greatly promoted the enthusiasm of team members and the strengthening of teamwork. In addition, team managers must distinguish between individual incentives and team incentives. Personal incentives must be fair, otherwise it will affect collaboration among project members. Team motivation can boost morale and promote team building.Part 2?When we feel attached to certain group, it is because in this group, we have a sense of belonging, we can feel the atmosphere of the home in the team, even if this home is not perfect. The deeper sense of identity always comes from the fact that everyone in the group can contribute to the same goal. Everyone participates in the team building and development, and everyone adds their strength to the team’s achievements.
ED 535 CU Debunking Myths Discussion
Complete the following assignment using the information in this weeks readings in the text, one of the article choices in the required studies, and two articles from Debunking Brain Myths (Carey, n.d.).Support your statements with evidence from the required studies and your research. Cite and reference your sources in APA style.Click here for information on course rubrics.Carey, G. (n.d.). Debunking brain myths. Retrieved from Microsoft. (n.d.). Compress your media files. Retrieved from Problem solving and critical thinking, these buzz words, regularly used in educational circles, refer to particular learning skills and outcomes educators would like to see in their students. A Google search of the phrase critical thinking draws 28 million results in less than one second. In the same amount of time, problem solving generates nearly 72 million results. While neither of these would be considered effective web searches for research purposes, the number of mentions of these terms helps to see the prevalence of these ideas in society.In the course text, Carey (2014) looks closely at these two phrases to help determine how they influence learning experiences. The challenge for you this week is to begin to consider how the two concepts problem solving and critical thinking are or are not effectively translated to the current context of education and the work going on in schools daily.Carey (2014) also discusses the importantand often unnoticedwork done through perceptual discrimination. Ones senses are alive with information and are constantly processing the world around him or her to help make conscious (and subconscious) decisions about ones next move or action. Research shows that ones skills at perceptual discrimination are refined from an early age, and individuals are constantly becoming more skilled at effectively identifying and responding to the most relevant environmental inputs (Scott, Pascalis, Nelson, 2007). How this work affects learning is one of the areas you will consider this week.However, one of the realities of the research being done in the areas of cognitive and neuroscience is that ideas are often taken out of context or purpose. Great ideas are generated from research, but understanding why these ideas work in these ways is not always clear or accurate. One challenge as a teacher is to be continually aware of the impact of current research on the brain and its effect on classroom practice.This week, you will have the opportunity to explore some of these challenges and consider what is known about classroom practices. Are they research based?Carey, B. (2014). How we learn: The surprising truth about when, where, and why it happens. New York: Random House.Scott, L. S., Pascalis, O., Nelson, C. A. (2007). A domain-general theory of the development of perceptual discrimination. Current Directions in Psychological Science, 16(4), 197-201. doi:10.1111/j.1467-8721.2007.00503.xThrough participation in the following activities, the candidate will:The following materials are required studies for this week. Complete these studies at the beginning of the week, and save these materials for future use. Full references for these materials are listed in the Required Course Materials section of the syllabus.
Strayer fin 534 set 1 assignment
Directions: Answer the following questions on a separate document. Explain how you reached the answer or show your work if a mathematical calculation is needed, or both. Submit your assignment using the assignment link in the course shell. This homework assignment is worth 100 points.
Use the following information for Questions 1 through 8:
Assume that you recently graduated and have just reported to work as an investment advisor at the one of the firms on Wall Street. You have been presented and asked to review the following Income Statement and Balance Sheets of one of the firms clients. Your boss has developed the following set of questions you must answer.
Income Statements and Balance Sheet
Balance Sheet
2012
2013
Cash
$9,000
$7,282
Short-term investments
48,600
20,000
Accounts receivable
351,200
632,160
Inventories
715,200
1,287,360
Total current assets
$1,124,000
$1,946,802
Gross fixed assets
491,000
1,202,950
Less: Accumulated depreciation
146,200
263,160
Net fixed assets
$344,800
$939,790
Total assets
$1,468,800
$2,886,592
Liabilities and Equity
Accounts payable
$145,600
$324,000
Notes payable
200,000
720,000
Accruals
136,000
284,960
Total current liabilities
$481,600
$1,328,960
Long-term debt
323,432
1,000,000
Common stock (100,000 shares)
460,000
460,000
Retained earnings
203,768
97,632
Total equity
$663,768
$557,632
Total liabilities and equity
$1,468,800
$2,886,592
Income Statements
2012
2013
Sales
$3,432,000
$5,834,400
Cost of goods sold except depr.
2,864,000
4,980,000
Depreciation and amortization
18,900
116,960
Other expenses
340,000
720,000
Total operating costs
$3,222,900
$5,816,960
EBIT
$209,100
$17,440
Interest expense
62,500
176,000
EBT
$146,600
($158,560)
Taxes (40%)
58,640
-63,424
Net income
$87,960
($95,136)
Other Data
2012
2013
Stock price
$8.50
$6.00
Shares outstanding
100,000
100,000
EPS
$0.88
($0.95)
DPS
$0.22
0.11
Tax rate
40%
40%
Book value per share
$6.64
$5.58
Lease payments
$40,000
$40,000
Ratio Analysis
2012
2013
Current
2.3
1.5
Quick
0.8
0.5
Inventory turnover
4
4
Days sales outstanding
37.3
39.6
Fixed assets turnover
10
6.2
Total assets turnover
2.3
2
Debt ratio
35.60%
59.60%
Liabilities-to-assets ratio
54.80%
80.70%
TIE
3.3
0.1
EBITDA coverage
2.6
0.8
Profit margin
2.60%
?1.6%
Basic earning power
14.20%
0.60%
ROA
6.00%
?3.3%
ROE
13.30%
?17.1%
Price/Earnings (P/E)
9.7
?6.3
Price/Cash flow
8
27.5
Market/Book
1.3
1.1
1. What is the free cash flow for 2013?
2. Suppose Congress changed the tax laws so that Berndts depreciation expenses doubled. No changes in operations occurred. What would happen to reported profit and to net cash flow?
3. Calculate the 2013 current and quick ratios based on the projected balance sheet and income statement data. What can you say about the companys liquidity position in 2013?
4. Calculate the 2013 inventory turnover, days sales outstanding (DSO), fixed assets turnover, and total assets turnover.
5. Calculate the 2013 debt ratio, liabilities-to-assets ratio, times-interest-earned, and EBITDA coverage ratios. What can you conclude from these ratios?
6. Calculate the 2013 profit margin, basic earning power (BEP), return on assets (ROA), and return on equity (ROE). What can you say about these ratios?
7. Calculate the 2013 price / earnings ratio, price / cash flow ratio, and market / book ratio.
8. Use the extended DuPont equation to provide a summary and overview of companys financial condition as projected for 2013. What are the firms major strengths and weaknesses?
