Entries by Student

write my assignment 30034

(a) Compute Lockheed Martin’s current ratio and quick ratio for 2005 and 2004. (Round your answers to two decimal places.)2005 current ratio = Answer

2004 current ratio = 

Answer

2005 quick ratio = 

Answer

2004 quick ratio = 

Answer

Which of the following best describes the company’s current ratio and quick ratio for 2005 and 2004?

The current ratio has increased while the quick ratio has decreased in the period from 2004 to 2005, which suggests the company has a shortage of liquid assets.Both the current and quick ratios have decreased from 2004 to 2005. The company is fairly illiquid.The current ratio has decreased while the quick ratio has increased in the period from 2004 to 2005, which suggests the company has a shortage of current assets.Both the current and quick ratios have increased from 2004 to 2005. The company is fairly liquid.

(b) Compute total liabilities-to-equity ratios and long-term debt-to-equity ratios for 2005 and 2004. (Round your answers to two decimal places. For long-term debt-to-equity calculations, use the debt-to-equity ratio.)

2005 total liabilities-to-stockholders’ equity = 

Answer

2004 total liabilities-to-stockholders’ equity = 

Answer

2005 long-term debt-to-equity = 

Answer

2004 long-term debt-to-equity = 

Answer

Which of the following best describes the company’s total liabilities-to-equity ratios and long-term debt-to-equity ratios for 2005 and 2004?

The total liabilities-to-equity ratio has increased while the long-term debt-to-equity ratio has decreased in the period from 2004 to 2005, which suggests the company has increased the use of short-term debt financing.The total liabilities-to-equity ratio has decreased while the long-term debt-to-equity ratio has increased in the period from 2004 to 2005, which suggests the company has decreased the use of short-term debt financing.Both the total liabilities-to-equity and long-term debt-to-equity ratios have decreased from 2004 to 2005. The difference between these two measures reveals that any solvency concerns would be for the short run.Both the total liabilities-to-equity and long-term debt-to-equity ratios have increased from 2004 to 2005. These increases suggest that the company is less solvent.

(c) Compute times interest earned ratio, cash from operations to total debt ratio, and free operating cash flow to total debt ratios. (Round your answers to two decimal places.)

2005 times interest earned = 

Answer

2004 times interest earned = 

Answer

2005 cash from operations to total debt = 

Answer

2004 cash from operations to total debt = 

Answer

2005 free operating cash flow to total debt = 

Answer

2004 free operating cash flow to total debt = 

Answer

Which of the following describes the company’s times interest earned, cash from operations to total debt, and free operating cash flow to total debt ratios for 2005 and 2004? (Select all that apply)

Answeryesno

 Lockheed Martin’s times interest earned decreased significantly during 2005, due to both a decrease in profitability and an increase in interest expense.

Answernoyes

 Lockheed Martin’s free operating cash flow to total debt ratio increased slightly over the year 2005 due to increased cash flow from operations and decreased levels of debt.

Answernoyes

 Lockheed Martin’s cash from operations to total debt ratio increased slightly over the year 2005 due to increased cash flow from operations and decreased levels of debt.

Answeryesno

 Lockheed Martin’s times interest earned increased significantly during 2005, due to both an increase in profitability and a decrease in interest expense.

(d) Summarize your findings in a conclusion about the company’s credit risk. Do you have any concerns about the company’s ability to meet its debt obligations?

Lockheed Martin’s quick ratio is very low, thus increasing immediate solvency concerns. The company’s ability to meet its debt requirements will depend on liquidating inventories for emergency cash.Lockheed Martin’s long-term debt-to-equity is very low, thus increasing any immediate solvency concerns. The company’s ability to meet its debt requirements will depend on increasing short-term debt.Lockheed Martin’s times interest earned ratio is high, thus lessening any immediate solvency concerns. The company’s ability to meet its debt requirements will depend on its continued profitability.Lockheed Martin’s total liabilities-to-equity is high, thus lessening any immediate solvency concerns. The company’s ability to meet its debt requirements will depend on its use of equity financing.

 

"Not answered?"


Get the Answer

write my assignment 31210

Write 3 page essay on the topic The Intensification and Proliferation of Christianity.

The Intensification and Proliferation of Christianity Christianity arose out of Judaism and rapidly developed as a faith with a separate identity, based on the teachings of Jesus of Nazareth, referred to as the Christ (Pollock 9). Devotees of the Christian faith are identified as Christians. There are many different denominations within Christianity. These have evolved over the years often because of disagreements about teachings or through different ways of worshiping. Most, however agree on the basic tenets of faith (Pollock 9). The narrative account about Jesus Christ’s ministry and an early history of Christianity are contained in the New Testament of the Holy Bible. This paper endeavors to tackle what transpired before and after the existence of Christianity into the world. Iliad and Odyssey This is one of the ancient poems that preserved the beautiful legends during the Aegean age (around 1100 B.C.) that highlighted remarkable excavations that disclosed the remains of a widespread and flourishing civilization during those times (Webster 75). Sparta Sparta was the undisputed leader of Continental Greece and of the Aegean during the period of 404-362 B.C., it ended the struggles for supremacy between rival cities. however, the Greek cities soon found that they exchanged the mild sway of Athens for the brutal tyranny of Sparta (Webster 110). The Punic Wars During the period of 264-218 B.C., the West is ruled by the kingdoms of Rome and Carthage, who at the beginning were in friendly alliance and eventually became the bitterest of foes. the three wars between them are known as the Punic Wars, which are the famous contests that ancient history records and in the end, they lead to the complete destruction of Carthage (Webster 156). The Polis In 175 B.C. a portion of Jerusalem was constituted a city-state or “polis”, which is defined not by its physical formation but by its Greek/Hellenized citizenship and way of life. during the Hellenistic period, the Temple State and the subsequent Jerusalem State was a theocracy in which the High Priest ruled (Thomas & Jayyusi 80). Spartacus Spartacus spent some years as a paid auxiliary for the Romans who then became a gladiator and turned against the Roman Empire and was the sole military leader of the Slave War at around 73-71 B.C. possibly to end the Roman’s invasion of his homeland, Thrace (Fields 28). Jesus of Nazareth (Source: http://gambar-kristen.blogspot.com/2011/04/jesus-of-nazareth.html) Jesus was born Jewish in the Roman province of Palestine during the time of Herod the Great. The term Christ came from the Greek word Xristos, which can be translated as the “anointed one” or “messiah” in Hebrew (Pollock 11). His life and teachings were the groundwork of Christian faith. Central Beliefs of Christianity and the Creed The belief that Jesus rose from the dead is central to Christians. As the son of God, Jesus represents the person that all Christians must strive to be like. Christians believe that he was perfect and that he came to earth to teach God’s plan. Christians believe in one all-powerful creator, God. Thus, the most important belief for Christians is that the world and everything in it is an expression of God’s power and love (Pollock 16). From the beginning of Christianity, devotees have tried to concur on statements of beliefs, called creeds. A creed is a set of principles or opinions especially as it refers to a religious philosophy of life (Pollock 16). Creeds attempt to verbalize what cannot really be expressed in words. For instance, most Christians agree that God is three persons in one: God the Father, God the Son (Jesus), and God the Holy Spirit, creating the Holy Trinity. The Canon of the Holy Scriptures The religious and moral norms of the Christians are largely determined by three different forms of authority: the legal authority, the traditional authority and the charismatic authority. The legal authority includes the canon of Holy Scripture, the writings of the church fathers and the canons of the church. These sources were and still are most important criteria for the religious and moral life of the Church (Meinardus 40). The Organization of Early Christianity While Christianity was conquering the world, the believers in its doctrines were grouping themselves into communities or churches. Every city had a congregation of Christian worshipers. They met in private houses, where they sang hymns, listened to readings from the Holy Scriptures and partook in a sacrificial meal in memory of the last supper of Jesus with his disciples. Certain officers called presbyters or elders were chosen to conduct the services and instruct the converts. The chief presbyter received the name of overseer or bishop. Each church had also one or more deacons, who visited the sick and relieved the wants of the poor. Every Christian community thus formed a little brotherhood of earnest men and women, united by common beliefs and common hopes (Webster 218). Peter (Source: http:// Peter’s original name was Simon. he was a fisherman called to be a disciple of Jesus at the beginning of his ministry. From all accounts in the New Testament, Peter was a man of strong emotions. he is portrayed as rash, hasty, capable of anger, and often gentle, yet firm (Pollock 18). He professed love for Jesus and was capable of great loyalty. Peter is invariably mentioned first in the lists of the disciples and recognized as the spokesperson of the group (Pollock 18). Given the information from the Gospels, it is not surprising that Peter should emerge immediately after the death of Jesus as the leader of the earliest Church. Peter dominated the community for nearly fifteen years following the Resurrection. it was he who raised his voice and preached at Pentecost, the day when the Church came into being, he served as an advocate for the apostles before the Jewish religious court in Jerusalem and he led the others in extending the Church, going first to the Samaritans, then to the Mediterranean coast where he introduced Gentiles into the Church (Pollock 18). Paul of Tarsus (Source: http://harpers.org/archive/2008/02/hbc-90002305) During the persecution of Christians, Christianity gained a convert who would transform it into a world faith. Saul of Tarsus (who will later be called Paul after his conversion), who had been present when Stephen was stoned in Jerusalem, volunteered to take writs to Damascus to find members of the Way, arrest them and return them in chains to Jerusalem where they would be tried. He was totally devoted to eliminating the Christian influence within Judaism. However, as he approached Damascus, he was struck blind. Seeing a great light and falling to the ground, Saul heard a voice speaking to him (Matthews 288). It was said to be the voice of Jesus asking him why he is persecuting him and the Christians, Saul was then trembling and astonished asking what he should do, the voice then instructed him to go to the city where he would be told what he should do. thus did the conversion of Saul the prosecutor of Christians to Saint Paul the Apostle took place (Pollock 20). Three years after his conversion, Paul went to Jerusalem to meet Peter and James, Jesus’ brother. At the meeting they recognized Paul as an apostle together with the founders of the Church. His letters, which were collected for general circulation, have become a standard reference for Christian teaching (Pollock 20). Augustus Caesar (Source: http:// Augustus meaning “Majestic” was the more familiar name of Octavian, he was no military genius to dazzle the world with his achievements. he was a cool and passionless statesman who took advantage of a memorable opportunity to remake the Roman state and later on, he became a wise and impartial ruler of the Roman Empire (Webster 187). Emperor Constantine (Source: http:// The conversion of Constantine is one of the most significant events in ancient history. A Roman emperor, himself a god to the subjects of Rome, became the worshiper of a crucified provincial of his empire. Constantine favored the Christians throughout his reign. He surrounded himself with Christian bishops, freed the clergy from taxation and spent large sums in building churches. One of his laws abolished the use of the cross as an instrument of punishment. Another enactment required that magistrates, city people and artisans were to rest on Sunday. this was the first Sunday law (Webster 220-221). The Appeal of Christianity Christianity was able to attract many followers due to a variety of reasons. First of all, the Christian message had much to offer the Roman world. The promise of salvation, made possible by Jesus’ death and resurrection, had immense appeal in a world full of suffering and injustice. Christianity seemed to imbue life with a meaning and purpose beyond the simple material things of everyday reality (Spielvogel 125). Second, Christianity was not entirely unfamiliar. It could be viewed as simply another eastern mystery religion, offering immortality as the result of the sacrificial death of a savior-God. At the same time, it offered advantages that the other mystery religions lacked. Jesus had been a human figure and not a mythological one (Spielvogel 125). Moreover, Christianity had universal appeal. Finally, Christianity fulfilled the human need to belong. Christians formed communities bound to one another in which people could express their love by helping each other and offering assistance to the poor, the sick, widows and orphans. Christianity satisfied the need to belong in a way that the huge, impersonal and remote Roman Empire could never do (Spielvogel 127). Works Cited Fields, Nic. Spartacus and the Slave War 73-71 B.C.: A Gladiator rebels against Rome. New York: Osprey Publishing, 2009. Matthews, Warren. World Religions. California, U.S.A.: Wadsworth, Cengage Learning, 2010. Meinardus, Otto F.A. Two thousand years of Coptic Christianity. Egypt: The American University in Cairo Press, 2002. Pollock, Robert. The Everything World’s Religions Book: Discover the Beliefs, Traditions and Cultures of Ancient and Modern Religions. U.S.A: F+W Publications, Inc., 2002. Spielvogel, Jackson J. Western Civilization: A Brief History. Massachusetts, U.S.A.: Wadsworth, Cengage Learning, 2011. Thompson, Thomas L., and Salma Khadra Jayyusi. Jerusalem in Ancient History and Tradition. New York: T & T Clark International, 2003. Webster, Henry Kitchell. Early European History. [n.p]: Forgotten Books, 2008.

 

"Not answered?"


Get the Answer

write my assignment 14781

Five years ago, an automobile manufacturer started offering an extended warranty to buyers of its sport-utility vehicle.  The extended warranty covered defects occurring after the initial three-year warranty expired.  Of the 10,000 people who bought the sport-utility vehicle in the first year of the program, 15% purchased the extended warranty.  In the Warranty Department, you have recently received data on a random sample of 200 of the cars sold in the first year that the extended warranty was available. For this sample, the average extended-warranty expenditure per car for the one-year period after the initial warranty elapsed was $350., with a standard deviation of $100.a.  What is a 95 percent confidence interval for the mean one-year extended-warranty expenditure per automobile?b.  At its introduction, the extended warranty was priced at $224 per year per automobile.  Compute a 95 percent confidence interval for the one-year profitability of the extended warranty.c.  How large a sample would the Warranty Department require if it wanted its 95 percent confidence interval for the mean warranty expenditure to be no more than+_$5*Please show all work, use excel and identify the value and units measured.

sample mean (m)=sample size (n) =standard deviation (s)=a) $350200100 For 95% confidence interval, alpha =t critical for 95% interval=So, standard error for 95% confidence = 0.051.972=…

 

"Not answered?"


Get the Answer

write my assignment 18382

Assignment 1. Linear Programming Case Study

Your instructor will assign a linear programming project for this assignment according to the following specifications.

It will be a problem with at least three (3) constraints and at least two (2) decision variables. The problem will be bounded and feasible. It will also have a single optimum solution (in other words, it won’t have alternate optimal solutions). The problem will also include a component that involves sensitivity analysis and the use of the shadow price.

You will be turning in two (2) deliverables, a short writeup of the project and the spreadsheet showing your work.

Writeup.

Your writeup should introduce your solution to the project by describing the problem. Correctly identify what type of problem this is. For example, you should note if the problem is a maximization or minimization problem, as well as identify the resources that constrain the solution. Identify each variable and explain the criteria involved in setting up the model. This should be encapsulated in one (1) or two (2) succinct paragraphs.

After the introductory paragraph, write out the L.P. model for the problem. Include the objective function and all constraints, including any non-negativity constraints. Then, you should present the optimal solution, based on your work in Excel. Explain what the results mean.

Finally, write a paragraph addressing the part of the problem pertaining to sensitivity analysis and shadow price.

Excel.

As previously noted, please set up your problem in Excel and find the solution using Solver. Clearly label the cells in your spreadsheet. You will turn in the entire spreadsheet, showing the setup of the model, and the results.

 

"Not answered?"


Get the Answer