The purpose of this Case Study assignment is to walk through the logical framework (LogFrame) and to create the project management documents needed to successfully lead a project.

General Requirements

• Reread the Kitchen Heaven Project Case Study in Heldman et al. pages 84-87 and 139-141 and read pages 283-285. 
• Complete the Assumptions (the yellow portion) of the Logical Framework template

Part 1: Logical Framework Template

• Complete the Assumptions (the yellow portion) of the Logical Framework template.
• Include at least two additional assumptions for the Goal.
• Include at least two additional assumptions for the Purpose
• Include at least five additional assumptions for the Inputs section. Remember the Inputs section is related to action steps, resources, and responsibilities. These assumptions will be fairly generic and high level at this stage.

Part 2: Risk Register Template

• List a minimum of 10 risk directly associated with the goal, purpose, or outcomes of the project. Risks, positive or negative, must be specific to the project and defendable as a viable risk. At a minimum, 30% of the listed risks should be positive (i.e., if you have 10 risks, at least three should be positive).
• Risks should be listed in order of importance or criticality. R1 should be more impactful to the project than R5.
• Risk categories should correspond to those listed in Heldman et al. Chapter 6. Technical, Quality, and Performance, Project management, Organizational, and External.
• Risk Response Strategies should correspond to those listed in Heldman et al. Chapter 6 and be appropriate for the type of risk (Threat or Opportunity).

Your initial post should be at least 450+ words and in APA format (including Times New Roman with font size 12 and double spaced). Post the actual body of your paper in the discussion thread then attach a Word version of the paper for APA review 

2 Replies each with minimum 100 words.

Zoeckler Mowing & Landscaping’s year-end 2012 balance sheet lists current assets of $436,500, fixed assets of $551,500, current liabilities of $417,900, and long-term debt of $317,100.

Calculate Zoeckler’s total stockholders’ equity.

The Fitness Studio, Inc.’s, 2012 income statement lists the following income and expenses: EBIT = $782,000, interest expense = $270,000, and taxes = $179,200. The firm has no preferred stock outstanding and 100,000 shares of common stock outstanding.

Calculate the 2012 earnings per share. (Round your answer to 2 decimal places.)

Please read “The Stratton Township Park” (ATTACHED). Complete questions 1-5 listed below. Compile your answers in a Word document.

 

Question 1: Prepare an annual program budget for the Stratton Township Park including golf operations; the pool; concerts; other park activities including tours, nature visitors, and general concessions; and administrative costs. Show the line-item details for each function by natural account and summarize the budget for the park as a whole. 

Because of the current fiscal situation, the Stratton Township needs to reduce its operating costs. As usual, the park is on the list of targeted operations. As the finance director for the township, you have been asked to work with the park’s manager to explore possible options. 

Question 2: Based on the information in the budget, find the break-even green fees for the golf course and the break-even admissions charges for the pool. You may assume that the volume of users will not change with increases in pricing. You may also assume that the course will operate for a full 130 days. 

a. Do both break even analyses based on the cost of delivering services with and without the allocated management salaries. 

b. Do you think the park can realistically charge these fees to park users? What might the consequences of raising fees be economically, politically, and in a public relations sense? 

Question 3: The park manager wants to know whether it makes sense to shut down one or more of the operations at the Stratton Township Park. Determine the impact of shutting down the golf course, the pool, the concert series, and the tours, and show the overall marginal impact of making each of these changes. Be sure to include all marginal revenues and all marginal expenses in your calculations. 

Question 4: After completing these analyses, the manager has decided to recommend three changes to the Park’s budget. 

First, he plans to increase green fees for golf to $5 above the break-even price excluding allocated management costs and rounded to the next highest multiple of $.50. Since competitive private clubs in the region cost $100 or more for a round of golf, he does not believe that an increase in price will result in a decline in the number of golfers using the course. 

Second, he wants to raise pool admission charges to $4.50. Given the demographics of those who use the pool, he believes that raising prices by $1.00 will result in a 5% drop in attendance. 

Third, he wants to eliminate three of the concerts the township had planned for the next year. 

Prepare a revised budget for the Stratton Township Park reflecting these changes. Will these budget modifications meet the township’s goal of reducing the subsidy it would have given to the park in the next fiscal year by 20%? 

Question 5: After receiving your analysis of the impact of eliminating the concerts and raising green fees and pool admission charges, the park manager has asked you to come up with some additional proposals for meeting the township’s subsidy reduction goal. What would you recommend?

References:

Financial Management for Public Health and Not-for-Profit Organizations (4th edition)

Assignment reading attached!

FINANCIAL ACCOUNTING Quiz 4

 
PROBLEM 1—FINANCIAL STATEMENTS

 INSTRUCTIONS: Indicate the placement on financial statements of the items listed below by inserting the
appropriate letter or letters in the Answers column. Assume the use of the multiple-step income statement and the
perpetual inventory system.

STATEMENTS
  Income Statement G. Retained Earnings Statement  Balance Sheet
 A. Administrative expenses   H. Current assets
 B. Cost of merchandise sold   I. Current liabilities
 C. Other expense   J. Long-term liabilities
 D. Other income   K. Stockholders’ equity
 E. Revenue from sales   L. Property, plant, and equipment
 F. Selling expenses

  For
Scoring
ITEMS APPEARING ON STATEMENTS Answers 
 0. Cash     0. ____
 1. Merchandise inventory at end of period     1. ____
 2. Cost of merchandise sold    2. ____
 3. Sales discounts     3. ____
 4. Interest expense     4. ____
 5. Loss on sale of fixed assets     5. ____
 6. Dividends     6. ____
 7. Interest receivable     7. ____
 8. Accumulated depreciation—store equipment     8. ____
 9. Interest revenue     9. ____
 10. Retained earnings at end of period     10. ____
 11. Sales     11. ____
 12. Store supplies expense     12. ____
 13. Mortgage note payable (payable in 2015)     13. ____
  

 
 PROBLEM 2—ANALYSIS OF TRANSACTIONS

 INSTRUCTIONS: For O’Neill’s, indicate the accounts to be debited and credited in recording the selected transactions described below by inserting the letter designation for the accounts in the appropriate columns. The perpetual inventory system is used.

ACCOUNTS
 A. Accounts Payable E. Merchandise Inventory I. Dividends
 B. Accounts Receivable F. Office Supplies J. Sales
 C. Cash G. Office Supplies Expense K. Sales Discounts
 D. Cost of Merchandise Sold H. Capital Stock L. Sales Returns and Allowances

  For
Scoring  For
Scoring
TRANSACTIONS Debit  Credit 
 0. Purchased office supplies for cash      
 1–2. Sold merchandise on account      
 3–4. Received a return of part of the merchandise sold in Question 1–2      
 5–6. Received cash for merchandise sold in Questions 1–2 and 3–4 within the discount period      
 7–8. Purchased merchandise on account      
 9–10. Returned part of the merchandise purchased in Question 7–8      
    

FILL-IN-THE-BLANK 1—PRINCIPLES AND TERMINOLOGY

 INSTRUCTIONS:  Complete the following statements by writing the appropriate words or amounts in the Answers column.

  For
Scoring
STATEMENTS Answers 
 0. The form of balance sheet with assets, liabilities, and stockholders’ equity listed in a downward sequence is referred to as the    
 0. ____
 1. The document that the seller sends to the buyer listing the terms of the sale is called the    
 1. ____
 2. The inventory accounting system in which the amount of inventory on hand can always be determined is called the    
 2. ____
 3. The inventory accounting system in which the cost of the merchandise sold is determined at the end of the accounting period is called the    
 3. ____
 4. If the purchaser is to assume the cost of delivering the goods, the terms of the sale are stated as FOB    
 4. ____
 5. If the seller is to assume the cost of delivering the goods, the terms of sale are stated as FOB    
 5. ____
 6–8. A sales invoice for $25,000, terms 2/10, n/30, FOB shipping point, is paid within the discount period. The seller has prepaid transportation costs of $125. Purchases of $450 are returned to the seller   
 6. The amount of the sales discount is     6. ____
 7. The title of the account in which the discount is recorded by the seller is     7. ____
 8. The amount of cash received from the customer assuming payment is not made in the discount period is     8. ____
 9. Gross profit is the difference between sales and     9. ____
 10. If ownership (title) to merchandise passes to the buyer when merchandise is delivered to the freight carrier, the shipping terms are    
 10. ____
  

 
FILL-IN-THE-BLANK 2—PRINCIPLES AND TERMINOLOGY

 INSTRUCTIONS: Complete each of the following statements by writing the appropriate words in the Answers column.

  For
Scoring
STATEMENTS Answers 
 0. In which section of the balance sheet is merchandise inventory reported?    0. ____
 1–3. Would a perpetual inventory system normally be practical for the following types of businesses without a computerized system? (answer yes or no)  
 1. Retail jewelry store     1. ____
 2. Wholesale clothing store     2. ____
 3. Retail candy store     3. ____
 4. If the cost of an item of inventory is $75, the current replacement cost is $64, and the selling price is $95, the amount included in inventory
according to the lower of cost or market concept is    

 4. ____
 5. Merchandise in transit should not be included in the seller’s inventory if the terms are FOB    
 5. ____
 6. The inventory method where the last units purchased are assumed to be sold and the ending inventory is made up of the first units purchased.    
 6. ____
 7. A method that is useful for estimating the cost of inventory that has been destroyed that uses the relationship between cost and retail value is    
 7. ____
 8. During a period of consistently falling prices, the method (FIFO or LIFO) that will result in reporting the greater cost of merchandise sold is     
 8. ____
 9–11. Inventory at the end of the current fiscal year was understated. State
whether each of the following will be overstated, understated, or not affected:  
 9. Cost of merchandise sold reported on the income statement for the
current year    
 9. ____
 10. Net income reported on the income statement for the current year     10. ____
 11. Retained earnings reported on the balance sheet at the end of the current year    
 11. ____
 12. Damaged merchandise that can only be sold at below cost should be
valued at    
 12. ____
  

PROBLEM 3—PROBLEMS

INSTRUCTIONS: Solve the following problems and record the answers in the Answers column.

  For
Scoring
 Answers 
 0. The amount credited to sales for the sale of merchandise costing $500,
with 40% added to the cost price to determine selling price, is    
 0. ____
 1. Summarized data on sales and merchandise available for sale are as follows:

  April 1 Merchandise inventory   $   415,000
  April 1–30 Purchases (net)   675,000
  April 1–30 Sales (net)   1,400,000

  If the estimated rate of gross profit is 40%, the estimated cost of the
merchandise inventory on April 30 is    

 

 

 1. ____
 2. The following lots of a particular commodity were available for sale during the year:

  Beginning inventory   10 units at $61
  First purchase   40 units at $62
  Second purchase   35 units at $65
  Third purchase   15 units at $63

  Based on the periodic system, the total cost of the 23 units in inventory at the end of the year, according to the first-in, first-out method, is    

 2. ____
 3. Based on the data in Question 2, the total cost of the 23 units in inventory by the last-in, first-out method is    
 3. ____
 4. Based on the data in Question 2, the total cost of the 23 units in inventory by the average cost method is    
 4. ____
 5. A purchase order for $15,000 of merchandise was mailed to a supplier on December 22, 2011. The merchandise was shipped by the supplier
on December 29, 2011, under terms of FOB shipping point, and the
merchandise was received on January 3, 2012. If 50% is added to its
cost by the purchaser to determine selling price, the amount to be
included in the inventory of the purchaser on December 31, 2011, is    

 5. ____
 6. Beginning inventory, purchases, and sales of a commodity are presented below:

  Inventory: July 1    15 units at $55
  Sales: July 6   10 units at $57
    12   30 units at $58
    22   40 units at $59
  Purchases: July 9   30 units at $60
    18   50 units at $65

  Assuming that the perpetual inventory system is used, the cost of the inventory balance on July 31 by the FIFO method is

 6. ____
 7. Based on the data in Question 6, the cost of the inventory balance on July 31 by the LIFO method is    
 7. ____
 8. Summarized data on sales and merchandise available for sale are as follows:
    Cost Retail
  June 1 Merchandise inventory  $137,000 $210,000
  June 1–30 Purchases (net)  252,000 300,000
  June 1–30 Sales (net)   350,000
 8. ____