ASSIGNMENT INSTRUCTIONS:
• Your assignment should be presented as a structured report with an introduction, a main body and a conclusion, but without inclusion of any calculations in the main body.
• The main body of the report may include headings addressing the specific questions asked by TMR’s management.
• The final part of your assignment (Point 8 above) should include a general recommendation to management regarding the best course of action in the intended project. If you believe that further information is required before making a firm recommendation, you need to specify what information would be required.
• Any assumption that you may rely upon for your analysis and recommendation should be clearly stated in the main body of your report.
• All calculations should be presented in appendices to the report. Calculations may be prepared in an excel document, however your submission must be in the form of a single word document including the report itself and the appendices.
• All external sources used to support your argument should be appropriately acknowledged in the main body of your report using the Harvard style (Author-date) of referencing. This includes textbook sources but not the case study itself. A list of the full citation should be included at the end of the main body of your report.
Description: Your assignment involves preparing a written report where you will present an analysis of financial information relating to a capital investment project described in the attached case study and provide recommendations that will assist the firm in its decision making.
Length: 1,500 words maximum – this requirement is a “maximum”. Students will not be penalised for using fewer words and making their report more succinct. If you submit over-length work, there will be an automatic 10% penalty of the total possible marks for this assessment. Title pages, calculations section, reference lists and appendices are included in the word count.
CASE STUDY
Tasmanian Motor Rental (TMR) is set up as a proprietary company in car rental industry and is considering whether to enter the discount rental car market in Tasmania. This project would involve the purchase of 100 used late model, mid-sized cars at the average price of $15,000. In order to reduce their insurance costs, TMR will have a LoJack Stolen Vehicle Recovery System installed in each car at a cost of $1,500 per vehicle. The rental car operation projected by TMR will have two locations: one near Hobart airport and the other near Launceston airport. At each location, TMR owns an abandoned lot and building where it could sotre its vehicles. If TMR does not undertake the project, the lots can be leased to an auto-repair company for $90,000 per year (Total amount for both lots). The $25,000 annual maintenance cost (total for both lots) will be paid by TMR whether the lots are leased or used for this project. This discount rental car business is expected to result in a fall in its regular car rental business by $20,000 per year.
For taxation purposes, the useful life of the cars is determined to be five years and they will be depreciated using the straight-line depreciation method over 5 years with no residual values at the end. It is assumed that the cars will first be used at the beginning of the next financial year: 1 July 2019.
Before starting this new operation, TMR will need to redevelop and renovate the buildings at each airport locations. This is expected to cost $215,000 for both locations. Assume that TMR is not able to claim any annual tax deduction for the capital expenditure to the renovation of the building until the business is sold. TMR has also budgeted marketing costs which will be spent at the initiation of the project and also during the first two years of operation. The estimated costs are $30,000 per year. These costs are fully tax deductible in the year they are incurred. In addition, if the project is undertaken, a total new injection of $150,000 in net working capital will be required. There will be no additional working capital required from the commencement of the operation until the end of the project. The initial networking capital will be recovered in full by the end of year 5.
Revenue projections from the car rental for the next five years are as follows:
Operating variable costs associated with the new business represent 10% of revenue. Annual operating fixed costs (excluding depreciation) are $1,800 per vehicle. Existing administrative costs are $550,000 per annum. As a result of the new operation, these administrative costs will increase by 20%. The company is subject to a tax rate of 27.5% on its profits.
Catherine, the company CFO would like you to help her examine the viability of the project for the next five years, taking into account the projections of sales and operations costs prepared by company’s accountants. Given the risk associated with the project, she believes it is reasonable to use a cost of capital of 12% for the evaluation of this project.
Your tasks:
Based on the information in the case study, Catherine has asked you to write a report to TMR’s management advising them as to the best course of action regarding this project. Your report should address the following specific questions asked by TMR’s management:
1. Discuss which costs are relevant for the evaluation of this project and which costs are not. Your discussion should be justified by a valid argument and supported by references to appropriate sources
2. How are possible cannibalization and opportunity costs considered in this analysis?
3. Determine the initial investment cash flow.
4. Estimate all cash flows associated with the project over 5 years. It is assumed that where relevant, capital expenditures and marketing costs are expended throughout the year, while cash flows relating to revenue and operating costs occur at the end of the year. You will need to broadly describe the method used for determining those cash flows.
5. Calculate the project’s payback period. Assuming the business could be sold at the end of the five years for $1 million. This figure includes the value of the car fleet, premises and capital gain from the business. Ignore any possible tax consequences of selling the business and also ignore the time value of money for this particular calculation. Briefly comment on your results
6. Estimate the Net present value (NPV) of the project, assuming that the initial investment could be sold at the end of the five years for $1 million. This figure includes the value of the car fleet, premises and capital gain from the business. Ignore any possible tax consequences of selling the business. Briefly comment on your results and make appropriate remarks on the assumptions made for these calculations if necessary.
7. Using sensitivity analysis, recalculate NPV using the scenario of a decrease in project sales by 10% annually. Briefly comment on your results.
8. In view of your answer to Point 5 to point 7 above, advise TMR’s management as to whether they should go ahead with the investment project. In your recommendations, you may wish to suggest possible refinements in the method used for evaluating this project.
Attachments:
3082042_1_ASSIGNMENT-INSTRUCTIONS.docx
Category: Writing
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Tasmanian Motor Rental (TMR) is set up as a proprietary company in car rental industry and is…
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Write an Op-Ed (opinion-editorial) that allows you to demonstrate an understanding of how issues…
Write an Op-Ed (opinion-editorial) that allows you to demonstrate an understanding of how issues relating to the dignity of the human person and the realization of the common good may be addressed by you in your professional practice now and in the future.
Write a concise but persuasive opinion piece on this issue relating to the dignity of the human person and the realisation of the common good that relates to your professional practice now and in the future
ISSUE: TEACHER SHORTAGES (include in essay the financial costs, the impacts on business communities or the role of business in pursuing sustainable and ethical practices.
• The Op-Ed should clearly explain to readers what the issue or problem is and how your understanding of the knowledge you have acquired in the unit addresses the issue or problem and relates to the discipline area you are studying in. Please note that you do not have to come up with the ‘definitive solution’ but provide a well-argued view in order to move forward on the issue.
• The Op-Ed is to be no more than 700 words long (penalties will apply for Op-Eds that exceed the word limit)
• The idea is to express your thoughts clearly and concisely and make your argument as directly as you can – just like a journalist or writer. Do not assume that this assignment is easy given the word length. The challenge is to present a persuasive argument in a clear and concise manner.
• Although Op-Eds do not usually require referencing, for this academic work correct and full referencing is required.
• References do not count in the word limit. PLEASE USE HARVARD REFERENCES (http://www.citethisforme.com/)
Attachments:
3082002_1_Write-an-Op.docx
3082002_2_M1-TheGoldenRule.pdf
3082002_3_M2-IndividualAndSociety.pdf
3082002_4_M3-HistoryAndPrinciplesCST.pdf
3082002_5_M4-HumanFlourishingCG.pdf -
Identify a clinical question related to your work environment, write the question in PICOT format…
Identifying A Clinical Question
Write a 1000-1500 word essay addressing each of the following points/questions. Be sure to completely answer all the questions for each bullet point. There should be three main sections, one for each bullet below. Separate each section in your paper with a clear heading that allows your professor to know which bullet you are addressing in that section of your paper. Support your ideas with at least five (5) sources using citations in your essay. Make sure to cite using the APA writing style for the essay. The cover page and reference page in correct APA do not count towards the minimum word amount. Review the rubric criteria for this assignment.
Identify a clinical question related to your work environment, write the question in PICOT format and perform a literature search on the identified topic.
Purpose
To enable the student to identify a clinical question related to a specified area of practice and use medical and nursing databases to find research articles that will provide evidence to validate nursing interventions regarding a specific area of nursing practice.
Review the Application Case Study for Chapter 3: Finding Relevant Evidence to Answer Clinical Questions as a guide for your literature search.
Guidelines
Identify a clinical question related to your area of clinical practice and write the clinical foreground question in PICOT format utilizing the worksheet tool provided as a guide.
Describe
why
this is a clinical problem or an opportunity for improving health outcomes in your area of clinical practice. Perform a literature search and select five research articles on your topic utilizing the databases highlighted in Chapter 3 of the textbook (Melnyk and Finout-Overholt, 2015).
Identify the article that best supports nursing interventions for your topic. Explain why this article best supports your topic as you compare the article to the other four found in the literature search.
Assignment Expectations:
Length: 1000 – 1500 words
Structure: Include a title page and reference page in APA format. These do not count towards the minimum word count for this assignment. Your essay must include an introduction and a conclusion.
References: Use appropriate APA style in-text citations and references for all resources utilized to answer the questions. A minimum of five (5) scholarly sources are required for this assignment to support the topic.
Rubric: This assignment uses a rubric for scoring. Please review it as part of your assignment preparation and again prior to submission to ensure you have addressed its criteria at the highest level.
Format: Save your assignment as a Microsoft Word document (.doc or .docx) or a PDF document (.pdf)
File name: Name your saved file according to your first initial, last name, and the assignment number (for example RHall Assignment 1.docx) -
Jean Watson’s Theory of Human Caring/Caring Science is one theoretical framework used throughout…
Week 1: Discussion Question 2 – Applying Jean Watson’s Theory on Human Caring/Caring Science Core Principles to APN PracticeDiscussion Topic
Points: 20 | Due Date: Week 1, Day 5 & 7 | CLO: 5 | Grade Category: Discussions
Discussion Prompt
Jean Watson’s Theory of Human Caring/Caring Science is one theoretical framework used throughout the USU College of Nursing courses. The practice implication of Watson’s Human Caring Theory evolves our thinking and approaches to patient care from a mindset of carative (cure) to one of caritas (care). The core principles/practice are founded on a:
Practice of loving-kindness and equanimity
Authentic presence: enabling deep belief of other (patient, colleague, family, etc.)
Cultivation of one’s own spiritual practice toward wholeness of mind/body/spirit—beyond ego
“Being” the caring-healing environment
Allowing miracles (openness to the unexpected and inexplicable life events)
Some individuals are comfortable framing their practice with Watson while other prefer different theories or collection of theories. However, Watson is based on caring which a foundation of nursing. Anyone could use the core principles to guide decision making. Select one of the core principles and discuss ways you might be able to use in guiding your advanced practice nursing practices.
Resource:
Watson’s Caring Science Institute. (2018). Core concepts of Jean Watson’s Theory of Human Caring/Caring Science. Retrieved August 20, 2018 from https://www.watsoncaringscience.org/files/PDF/watsons-theory-of-human-caring-core-concepts-and-evolution-to-caritas-processes-handout.pdf
Jean Watson’s Philosphy of Nursing – http://currentnursing.com/nursing_theory/Watson.html
Watson, J. (2008). Nursing: The philosophy and science of caring (rev. ed.), Boulder: University Press of Colorado.
Expectations
Initial Post:
Due: Saturday, 11:59 pm PT
Length: A minimum of 250 words, not including references
Citations: At least one high-level scholarly reference in APA from within the last 5 years
Peer Responses:
Due: Monday, 11:59 pm PT
Number: A Minimum of 2 to Peer Posts, at least one on a different day than the main post
Length: A minimum of 150 words per post, not including references
Citations: At least one high-level scholarly reference in APA per post from within the last 5 years
Discussion: Respond to Posts in Your Own Thread -
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Raw facts that have little meaning unless organized and context provided. Information – Data that…
Enterprise Database Design
Key Terms
Week 1 Key Terms:
Data – Raw facts that have little meaning unless organized and context provided.
Information – Data that have been processed to provide context to increase the
knowledge of the person who uses it.
Database – An organized collection of logically related data.
Database management system – A software system that is used to create, maintain,
and provide controlled access to user databases.
Data governance – The management of the availability, usability, integrity, and security
of the data created and used in an enterprise. A robust data governance program
includes a governing, a defined set of procedures, and a plan to execute those
procedures.
IT governance – The management of IT projects, IT systems and IT strategy with the
organization’s business strategy, ensuring that companies stay on track to achieve their
strategies and goals.
Week 2 Key Terms:
Conceptual data model – A detailed, technology-independent specification of the
overall structure of organizational data. The conceptual data model is typically an Entity
Relationship Diagram showing all entities and relationships between entities.
Logical data model – The representation of data for a data management system. In
the case of a relational data model, elements include tables, columns, rows, primary
and foreign keys, as well as constraints.
Physical data model – A set of specifications that detail how data from a logical data
models are stored in a computer’s secondary memory for a specific database
management system. There is one physical data model for each logical data model.
Entity – A person, place, object, event, or concept in the user environment about which
the organization wishes to maintain data.
Associative entity – An entity that associates the instances of one or more entity and
contains attributes that are peculiar to the relationship between those entity instances.
Weak entity – An entity whose existence depends on some other entity.
1 of 4
Enterprise Database Design
Key Terms
Week 2 Key Terms Continued:
Entity-relationship model – A logical representation of the data for an organization or
for the business requirements.
Relationship type – A meaningful association between entities.
Attribute – A property or characteristic of an entity type that is of interest to the
organization.
Identifier – An attribute (or combination of attributes) that uniquely identifies individual
instances of an entity type.
Constraint – A rule that cannot be violated by database users.
Cardinality constraint – Specifies the number of instances of one entity that can (or
must) be associated with each instance of another entity.
Candidate key – A “candidate to be the primary identifier” of an entity.
Primary key – A primary key is a candidate key that has been selected as the identifier
for an entity type. The primary key uniquely identifies a row; cannot contain null values.
A primary key can be composed of multiple columns.
Foreign key – Column(s) whose values match the values in a candidate key of another
table.
Week 3 Key Terms:
Normalization – The process of decomposing relations with anomalies to produce
smaller, well-structured relations.
Determinant – The attribute on the left-hand side of the arrow in a functional
dependency.
Functional dependency – A constraint between two attributes or two sets of attributes.
Transitive dependency – A functional dependency between two (or more) non-key
attributes.
Normal form – A state of a relation that results from applying simple rules regarding
functional dependencies (or relationships between attributes) to that relation.
Partial functional dependency – A functional dependency in which one or more nonkey
attributes (such as Name) are functionally dependent on part (but not all) of the
primary key.
2 of 4
Enterprise Database Design
Key Terms
Week 3 Key Terms Continued:
1NF – No multi-valued attributes; no repeating groups that have assumed values rather
than real values; every attribute value is atomic; all relations are in 1NF.
2NF – Every non-key column depends on a entire primary key, not part of a key; no
partial functional dependencies; every relationship/table is in both 2NF and 1NF.
3NF – Every non-key column depends only on a key not on non-key columns; no
transitive dependencies; every relationship/table is in 3NF, 2NF and 1NF.
Week 4 Key Terms:
Conceptual data model – A detailed, technology-independent specification of the
overall structure of organizational data.
Logical data model – The representation of data for a particular data management
technology. In the case of a relational data model, elements include tables, columns,
rows, primary and foreign keys, as well as constraints.
Physical data model – A set of specifications that detail how data from a logical data
models is stored in a computer’s secondary memory for a specific database
management system. There is one physical data model for each logical data model.
Database – An organized collection of logically related data.
Database management system – A software system that is used to create, maintain,
and provide controlled access to user databases.
Structured Query Language (SQL) – This is the language used to retrieve and
manage data within relational database management systems. The language includes
groupings of the language such as DDL, DCL, and DML.
Data Definition Language (DDL) – These commands are used to create, alter, and
drop tables and other database structures. The commands include the CREATE,
ALTER, DROP, and TRUNCATE commands.
Data Manipulation Language (DML) – These commands are used to manipulate the
data within the tables. The commands include INSERT, UPDATE, DELETE, and
MERGE.
Data Control Language (DCL) – These commands are used to authorize users to
access various data and data structures. These commands use keywords GRANT,
DENY, and REVOKE.
3 of 4
Enterprise Database Design
Key Terms
Week 5 Key Terms:
Database management system – A software system that is used to create, maintain,
and provide controlled access to user databases.
Structured Query Language (SQL) – This is the language used to retrieve and
manage data within relational database management systems. The language includes
groupings of the language such as DDL, DCL, and DML.
Data Definition Language (DDL) – These commands are used to create, alter, and
drop tables and other database structures. The commands include the CREATE,
ALTER, DROP, and TRUNCATE commands.
Data Manipulation Language (DML) – These commands are used to manipulate the
data within the tables. The commands include INSERT, UPDATE, DELETE, and
MERGE.
Data Control Language (DCL) – These commands are used to authorize users to
access various data and data structures. These commands use keywords GRANT,
DENY, and REVOKE.
Join – Return rows when there is at least one match in both tables
Left Outer Join – Returns all rows from the left table, even if there are no matches in
the right table
Right Outer Join – Returns all rows from the right table, even if there are no matches in
the left table
Full Outer Join – Returns rows from both tables, even when the row is not matched.
In – Operates on any records in the containing command where the specified
expression appears in the subquery results.
Exists – Operates on any records in the containing command where the subquery result
has at least one row.
4 of 4
Attachments:
3081894_1_USW1-ITEC-6145-keyTerms.pdf
3081894_2_ITEC6140DatabaseTable-DT03.pdf
3081894_3_ITEC6140DatabaseTable-DT02.pdf
3081894_4_ITEC6140DatabaseTable-DT01.pdf