This assignemnt is due Saturday Feb 21st 2015 12:00 pacific

please show all work for problems. attached is the doc needed to complete the assignment

Please complete the following 5 exercises below in either Excel or a word document (but must be single document). You must show your work where appropriate (leaving the calculations within Excel cells is acceptable). Save the document, and submit it in the appropriate week using the Assignment Submission button.

Week Five Exercise Assignment 

Please use the following Present and Future Value Tables below as a resource to solving the assigned problems:

Future Value of $1

Present Value of $1

Present Value of Ordinary Annuity

ACC206 Week Five Problems

Please complete the following 5 exercises below in either Excel or a word document (but must be single document). You must show your work where appropriate (leaving the calculations within Excel cells is acceptable). Save the document, and submit it in the appropriate week using the Assignment Submission button.

1. Basic present value calculations

Calculate the present value of the following cash flows, rounding to the nearest dollar:

a.     A single cash inflow of $12,000 in five years, discounted at a 12% rate of return.

b.     An annual receipt of $16,000 over the next 12 years, discounted at a 14% rate of return.

c.     A single receipt of $15,000 at the end of Year 1 followed by a single receipt of $10,000 at the end of Year 3. The company has a 10% rate of return.

d.     An annual receipt of $8,000 for three years followed by a single receipt of $10,000 at the end of Year 4. The company has a 16% rate of return.

2. Cash flow calculationsand net present value

On January 2, 20X1, Bruce Greene invested $10,000 in the stock market and purchased 500 shares of Heartland Development, Inc. Heartland paid cash dividends of $2.60 per share in 20X1 and 20X2; the dividend was raised to $3.10 per share in 20X3. On December 31, 20X3, Greene sold his holdings and generated proceeds of $13,000. Greene uses the net-present- value method and desires a 16% return on investments.

a.     Prepare a chronological list of the investment’s cash flows. Note: Greene is entitled to the 20X3 dividend.

b.     Compute the investment’s net present value, rounding calculations to the nearest dollar.

c.     Given the results of part (b), should Greene have acquired the Heartland stock? Briefly explain.

3. Straightforwardnet present value and internal rate of return

The City of Bedford is studying a 600-acre site on Route 356 for a new landfill. The startup cost has been calculated as follows:

Purchase cost: $450 per acre

Site preparation: $175,000

The site can be used for 20 years before it reaches capacity. Bedford, which shares a facility in Bath Township with other municipalities, estimates that the new location will save $40,000 in annual operating costs.

a.     Should the landfill be acquired if Bedford desires an 8% return on its investment? Use the net-present-value method to determine your answer.

4. Straightforward net-present-value and payback computations

STL Entertainment is considering the acquisition of a sight-seeing boat for summer tours along the Mississippi River. The following information is available:

All operating costs, except depreciation, require cash outlays. On the basis of similar operations in other parts of the country, management anticipates that each trip will be sold out and that 120,000 passengers will be carried each season. Ignore income taxes.

Instructions:

By using the net-present-value method, determine whether STL Entertainment should acquire the boat. Assume a 14% desired return on all investments- round calculations to the nearest dollar.

5. Equipment replacement decision

Columbia Enterprises is studying the replacement of some equipment that originally cost $74,000. The equipment is expected to provide six more years of service if $8,700 of major repairs are performed in two years. Annual cash operating costs total $27,200. Columbia can sell the equipment now for $36,000; the estimated residual value in six years is $5,000.

New equipment is available that will reduce annual cash operating costs to $21,000. The equipment costs $103,000, has a service life of six years, and has an estimated residual value of $13,000. Company sales will total $430,000 per year with either the existing or the new equipment. Columbia has a minimum desired return of 12% and depreciates all equipment by the straight-line method.

Instructions:

a.     By using the net-present-value method, determine whether Columbia should keep its present equipment or acquire the new equipment. Round all calculations to the nearest dollar, and ignore income taxes.

b.     Columbia’s management feels that the time value of money should be considered in all long-term decisions. Briefly discuss the rationale that underlies management’s belief.

All organizations utilize some sort of system that periodically reviews the performance of every staff member. As the director of human resources, you are responsible for developing such a system.

Write a 750- to 1,050-word paper in APA format that details an original performance appraisal system for a human service organization. Address the following:

• Determinethe elements that should be present in an appraisal system.
• What is the purpose of a performance appraisal system and how does it benefit the organization?
• Outlinethe elements of good appraisal systems.
• Determine the criteria for each element that should be present in an appraisal system.

Assignment

• This is an informal assignment. Your story doesn’t need to be more than a page long.
• Use one-inch margins and a 12-point font.

Tips for Success

• Think about setting, mood, atmosphere, and suspense before you start writing. Will the details you give about the setting create a mood that will lead the reader to expect the kind of ending you have in mind? Or will you try to lead the reader in another direction altogether?
• Keep in mind that the setting of many children’s stories can be vague (“Once upon a time in a land far away,” for example). You may have to rewrite to make your setting more specific.
• If your ending is especially nasty, please avoid gory details. As “The Interlopers” proves, gruesome endings are more powerful if they’re left to the imagination!

Self-Assessment Checklist

Quality of Ideas

Form and Presentation