Structural The Purpose Of This Exercise Is To Portray In A G
Structuralthe Purpose Of This Exercise Is To Portray In A Graphic Form
The purpose of this exercise is to portray in a graphic form the structure of the text and designate the rhetorical function of the various phrases in the text. Diagram Text: · Place the first independent clause at the left margin. · Place supporting words above or below the modified term. · Designate the function of each phrase in the left column. · Connect separated terms with lines as needed. · Highlight significant theological terms. · Underline verbs; place connectives in [brackets].
Functions vs Diagram 12 Essential Skills for Great Preaching / Wayne McDill / 2006 / B&H Used by Permission Week 2 HW Assignment WEEK 2 HOMEWORK ASSIGNMENT- 240 Problem 3-5 Part a. Earnings per share Net profit before taxes Less: Taxes at 40% Net profit after taxes Less: Preferred dividends Earnings available to common stockholders Earnings per share = Part b. Amount to retained earnings: Earnings available to common stockholders Less: Common stock dividend Amount to retained earnings Problem 3-13 Item Total current assets 16,,,,000 Total current liabilities 9,,,,400 Inventory 6,,,,200 Part a. Ratio Current Ratio Quick Ratio Part b. Part c. Problem P4-3: Part a. Cost of grinder Depreciation % Depreciation Part b. Pre-tax income Less: Depreciation Net taxable income Original tax liability on $430,000 = Net tax liability on $414,000 = Tax savings = Problem P4-5: Item Change I/O Item Change I/O Cash 100 Accts. Rec. -700 Accounts payable -1000 Net profits 600 Notes payable 500 Depreciation 100 Long-term debt -2000 Repurchase stk 600 Inventory 200 Cash dividends 800 Fixed assets 400 Sale of stock 1000 Problem 4-7: April May June July August Sales $65,000 $60,000 $70,000 $100,000 $100,000 Cash sales (50%) Collections: 1 month ago (25%) 2 months ago (25%) Total Cash Receipts Problem P4-12 Pro Forma Pro Forma Cash Income Balance Transaction Budget Statement Sheet Cash sale Credit sale Accounts receivable collected Asset, 5-year life, purchased Depreciation is taken Amortization of goodwill taken Sale of Common Stock Retirement of outstanding bonds Fire insurance paid for 3 years P3–5 Calculation of EPS and retained earnings Everdeen Mining, Inc., ended 2015 with a net profit before taxes of $436,000. The company is subject to a 40% tax rate and must pay $64,000 in preferred stock dividends before distributing any earnings on the 170,000 shares of common stock currently outstanding. a. Calculate Everdeen’s 2015 earnings per share (EPS). b. If the firm paid common stock dividends of $0.80 per share, how many dollars would go to retained earnings? P3–13 Liquidity management Bauman Company’s total current assets, total current liabilities, and inventory for each of the past 4 years follow: Item Total current assets $16,950 $21,900 $22,500 $27,000 Total current liabilities 9,,,,400 Inventory 6,,,,200 a. Calculate the firm’s current and quick ratios for each year. Compare the resulting time series for these measures of liquidity. b. Comment on the firm’s liquidity over the 2012–2013 period. c. If you were told that Bauman Company’s inventory turnover for each year in the 2012–2015 period and the industry averages were as follows, would this information support or conflict with your evaluation in part b ? Why? Inventory turnover Bauman Company 6....4 Industry average 10....0 P4–3 MACRS depreciation expense and accounting cash flow  Pavlovich Instruments, Inc., a maker of precision telescopes, expects to report pretax income of $430,000 this year. The company’s financial manager is considering the timing of a purchase of new computerized lens grinders. The grinders will have an installed cost of $80,000 and a cost recovery period of 5 years. They will be depreciated using the MACRS schedule. a. If the firm purchases the grinders before year-end, what depreciation expense will it be able to claim this year? (Use Table 4.2 on page 120 .) b. If the firm reduces its reported income by the amount of the depreciation expense calculated in part a, what tax savings will result? Table 4.2 Rounded Depreciation Percentages by Recovery Year Using MACRS for First Four Property Classes Percentage by recovery year a Recovery year 3 years 5 years 7 years 10 years % 20% 14% 10%                4 Totals 100% 100% 100% 100% a These percentages have been rounded to the nearest whole percent to simplify calculations while retaining realism. To calculate the actual depreciation for tax purposes, be sure to apply the actual unrounded percentages or directly apply double-declining balance depreciation using the half-year convention. Year Cost (1) Percentages (from Table 4.) Depreciation [(1) à— (2)] ( $40,% $ 8,,,,,,,,,,000   5  2,000 Totals 100% $40,000 P4–5 Classifying inflows and outflows of cash  Classify each of the following items as an inflow (I) or an outflow (O) of cash, or as neither (N). Item Change ($) Item Change ($) Cash +100 Accounts receivable −700 Accounts payable −1,000 Net profits +600 Notes payable +500 Depreciation +100 Long-term debt −2,000 Repurchase of stock +600 Inventory +200 Cash dividends +800 Fixed assets +400 Sale of stock +1,000 P4–7 Cash receipts  A firm has actual sales of $65,000 in April and $60,000 in May. It expects sales of $70,000 in June and $100,000 in July and in August. Assuming that sales are the only source of cash inflows and that half of them are for cash and the remainder are collected evenly over the following 2 months, what are the firm’s expected cash receipts for June, July, and August? P4–12 Cash flow concepts  The following represent financial transactions that Johnsfield & Co. will be undertaking in the next planning period. For each transaction, check the statement or statements that will be affected immediately. Statement Pro forma income Pro forma balance Transaction Cash budget statement sheet Cash sale Credit sale Accounts receivable are collected Asset with 5-year life is purchased Depreciation is taken Amortization of goodwill is taken Sale of common stock Retirement of outstanding bonds Fire insurance premium is paid for the next 3 years Structural Diagram Worksheet Rubric Criteria Levels of Achievement Content 70% Advanced 92-100% (A) Proficient 84-91% (B) Developing 1-83% (
Paper For Above instruction
The given exercise aims to develop a comprehensive understanding of text structure, rhetorical functions, and financial analysis through a graphical and analytical approach. This involves diagramming complex texts to identify independent and dependent clauses, emphasizing exact rhetorical functions, highlighting theological and key terms, and accurately classifying financial transactions. Such an exercise enhances both syntactic comprehension and financial literacy, vital in academic and professional contexts.
Firstly, the exercise requires the visualization of a text’s structure by placing the initial independent clause at the left margin, with supporting phrases positioned either above or below the modified term. This diagrammatic method clarifies the hierarchical relationships between clauses and phrases, assisting in understanding how each component supports or elaborates the core statement. For example, when analyzing a financial statement such as net profit calculations, the independent clause would be 'Net profit after taxes,' with supporting phrases like 'Less: Taxes at 40%' above the relevant term, connected through lines to illustrate relationships effectively.
Secondly, an essential part of this task involves identifying the rhetorical function of each phrase within a text. This includes distinguishing between statements that carry primary meaning and those that serve supporting roles, commands, explanations, or clarifications. Recognizing these functions enables a clearer interpretation of the content, especially when dealing with complex financial or theological texts. For example, understanding that 'Earnings per share = ' is a statement presenting a calculation outcome, whereas 'Less: Taxes at 40%' supports understanding the derivation of net earnings.
Furthermore, the exercise emphasizes highlighting significant theological or technical terms, underlining verbs to clarify action and connecting logical relationships with brackets. Such meticulous annotation aids in parsing dense academic texts, enabling students to master the intricacies of language and content. This is particularly beneficial when analyzing legal, theological, or financial language that relies on precise terminology and clause relationships.
In addition to diagramming and annotation, the assignment includes analyzing several financial problems, each requiring critical calculation and interpretation. For example, calculating earnings per share involves subtracting preferred dividends from net income after taxes and dividing by the number of outstanding shares. Similarly, liquidity ratios like current and quick ratios are computed from the company's assets and liabilities, revealing insights into financial health over time.
The financial analysis extends to depreciation schedules using MACRS, tax savings calculations, and cash inflow/outflow classifications. These tasks demand accurate application of depreciation percentages, understanding of tax implications, and precise categorization of cash movements—whether inflows or outflows. For instance, purchasing assets impacts cash outflows and depreciation affects tax liabilities, which in turn influence the firm's net income and cash position.
The assignment further emphasizes evaluating liquidity over multiple years, comparing ratios across periods, and consulting industry benchmarks to validate or challenge findings. The ability to analyze financial ratios contextually fosters a nuanced understanding of a firm's financial stability and operational efficiency.
Finally, the rubric underscores the importance of clear identification of rhetorical functions, correct structural diagramming, thorough comprehension, and accurate classification of financial transactions. These skills are crucial for developing a precise, analytical approach to both linguistic comprehension and financial assessment, laying a solid foundation for advanced academic analysis or professional financial management.
References
- McDill, W. (2006). 12 Essential Skills for Great Preaching. B&H Publishing.
- Brigham, E. F., & Houston, J. F. (2019). Fundamentals of Financial Management (15th ed.). Cengage Learning.
- Ross, S. A., Westerfield, R. W., & Jordan, B. D. (2019). Corporate Finance (13th ed.). McGraw-Hill Education.
- Garman, M., & Garman, A. (2015). Fundamentals of Financial Management. Cengage Learning.
- Higgins, R. C. (2012). Analysis for Financial Management. McGraw-Hill Education.
- Ross, S. A., & Westerfield, R. W. (2014). Essentials of Corporate Finance. McGraw-Hill Education.
- Stickney, C. P., Brown, P., & Wahlen, J. M. (2019). Financial Reporting, Financial Statement Analysis, and Valuation. Cengage Learning.
- Damodaran, A. (2012). Investment Valuation: Tools and Techniques for Determining the Value of Any Asset. Wiley.
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