PERSONAL FINANCIAL LITERACY : A TIME TO SPEND, A TIME TO SAVE : 02.04 : INTEREST RATES AND INFLATION

Put Your Money Where Your Mouth Is

For your assignment, you will compare savings options and make a recommendation as to which option would earn the most interest after taxes and inflation. 

Part OneSelect Two Savings Options

Select one savings option from the Simple Interest column and one from the Compound Interest column to compare: 

Simple InterestCompound InterestOption Aearns 2.5% simple interest per yearOption Dearns 2% compound interest per yearOption Bearns 3% simple interest per yearOption Eearns 2.5% compound interest per yearOption Cearns 3.5% simple interest per yearOption Fearns 3% compound interest per year

Part TwoCrunch the Numbers

Calculate the after-tax real rate of return earned on $5,000 by your selected savings options over a period of three years. This will help your comparison. Remember, the real rate of return includes taxes on the interest earned and inflation. For this assignment, use a tax rate of 10% and an average cumulative rate of 3%.

You will submit your calculations as part of your assignment. Need help? Check out the steps to calculate the after-tax real rate of return:

Step 1: Calculate the interest earned

Step 2: Calculate the taxes on the interest earned

Step 3: Calculate the inflation on the interest earned

Step 4: Find the after-tax real rate of return

Part ThreeMake Your Recommendation 

Compile your calculations and make a recommendation. Of the savings options that you chose, which would you recommend a depositor use? Use complete sentences to explain why one option would be more beneficial than the other based on the after-tax rate of return.

What to Submit

Submit your selected savings options, calculations, and recommendation to 02.04 Interest Rates and Inflation.

ASSESSMENT

1. Complete the reading and activities.
2. Review the rubric before completing and submitting this activity.
3. Complete parts one, two, and three. 
4. Submit your work to 02.04 Interest Rates and Inflation.

Rubric

write a reply to the following post. Must be a minimum of 250 words and include 2 references 

In order for a business to provide the greatest possible service to its consumers, it must adopt new quality initiatives into its daily operations. Every part of a company revolves around quality. Quality initiatives guarantee that a company reaches the highest levels of customer satisfaction (Eileen, 2018). Customers are the foundation of every business, and they want the greatest value possible in order to have the best experience . When regularly implemented, the quality initiative has a beneficial influence on each of the company’s operations and yields a high yield of considerable overall benefits(Fujitsu, 2020).

In 2019, Vitaquest International, a nutraceutical and functional foods firm, announced a new quality program called TotalQ (Mmcdonald, 2019). The firm presented a comprehensive quality program targeted at achieving its objective of being an industry leader in the overall quality for consumer product development and production. In order to have the greatest end-to-end quality products, the quality initiative relies on the company’s operations in a broad variety of roles, including ingredient testing, raw material procurement, product design, and internal final product quality assurance.

The firm had to go through a series of steps, including doing significant research and testing on raw materials, unit, and complete product testing in the companys state of the art laboratory, with one of the industry’s most experienced quality management teams. Vitaquest’s CEO, Brueggman, also unveiled a new corporate design and logo that emphasizes the company’s commitment to giving value to the customers and its investments in a wide variety of value-adding schemes. Vitaquest International’s quality initiative was designed with the customer’s best interests in mind, and the expected impact on the customer and the company’s bottom line is considerable because the initiative is designed to drive demand for their nutraceutical and functional products.

References

Eileen, R. (2018). Quality matters. Superfunds Magazine, (441), 32-33.

Fujitsu. (2020). Quality Initiatives : Fujitsu Global. Fujitsu.com. .

Mmcdonald. (2019). Vitaquest International Unveils New Quality Initiative. Vitaquest International. .

Term 6 Unit 8 Discussions (3)

* (CIS250 Advanced Excel)

Please read the following article: Kirchen, P. (2020). . On Balance, 16(5), 3234.

1. Explain      what Power Query is in Excel?
2. Provide      an example of how this could be used differently from what is described in      the article.

* (FIN201 Principles of Finance)

Discussion Question: Please consider all of the skills gained throughout the course and discuss two financial management concepts/skills that will serve you greatest in your chosen field.  Provide examples of how this will prove beneficial going forward for you in your career specialty. 

* (ENG130 Literature & Composition)

Take a few minutes to watch this video that highlights Angela Duckworth’s novel, GRIT, The Power of Passion and Perseverance.

GRIT by Angela Duckworth | Animated CORE Message

Duration: 6:18
User: n/a – Added: 6/9/16

YouTube URL:

Initial Response:  How will your experiences in this course help you succeed in school, in life, and in your career, AND what is your plan to grow your GRIT? 

Response:  In one response, answer this question: what have you learned about your own GRIT by taking this course? What questions about the course do you have that your classmates or instructor might consider?

300 words

 Pick three important roles you play in your life: 1.parent 2. sister 3. student.  What are your top priorities for each role regarding the impact you want to make? Identify which quadrant in the Time Management Matrix they fit into. 

 Please use this website to help you build your mission statement: . Use this space to share the rough draft of your mission statement. You can either upload the results from the Covey website or write out your draft mission statement (no APA format required) 

You are to find and choose a research article to review on gender and/or sexuality and social services, social work, human services, mental health, etc.  Then you are to read and critique the article, in a least 750 words and in APA, format on the following:

1. Identify the theories of gender development that are either employed in the article or referred to in the article. Identify what research method was used. Describe how the article applies the theory or how the theory could be applied.
2. Identify the rhetorical shaping of gender present in the articlethe idea or image projected of women, men, trans persons, etc. in the article.  Support your response with evidence from the article.
3. Critique what the article communicatesverbally and non-verballyabout gender and/or sexuality and social services, social work, human services, mental health, etc. from the perspective of the content, relationship, and symbolic level of meaning to you.  Is it problematic, monolithic, culturally competent, limited by population sample, etc. Use at least 3 different and specific examples to illustrate your points.

  Monetary and fiscal policy play important roles in economic stimulation and or stabilization. In this regard: 

• Start with a brief introduction that explains use of Government policy to control the economy.
• When is it appropriate to use monetary and fiscal policy to stimulate or stabilize the economy? Look at both.
• When is it inappropriate to use monetary and fiscal policy to stimulate or stabilize the economy? Look at both.
• What specific fiscal policy tools would you use to stimulate aggregate demand and how?
• What specific monetary policy tools would you use to stimulate aggregate demand and how?
• What is your conclusion, should policymakers use the monetary and or fiscal policy, or a combination of both, to stimulate aggregate demand? Explain your reasoning.

Peer 1 KS

Not only would I fire the man who dropped the socket, but I would also pursue negligent homicide charges based on him and his partner attempting to coverup the initial mistake in order to avoid any type of discipline and their mistake resulting in a casualty and numerous life-threatening injuries. I would also conduct a full review of the entire process from staff training to equipment and tool check processes for entry into and removal from the station. In the Florida prison system, there is a procedure requiring maintenance staff to provide a list of all tools down to a drill bit or socket, which is reviewed and signed off on by a security staff member, laying eyes on every listed item on the way in and out. I cant fathom a nuclear arsenal silo not having a similar process in place during which, the missing torque wrench would have been discovered before the staff made it all the way up the silo, not wanting to make the trip back down and up again for a tool which they thought could be replaced with another.

If following modern ICS and emergency management requirements, a lot more lives would have been lost which can be concerning. Lieutenant Allan Childers believed the base to be safe and wished to remain inside, while Colonel John Moser (stationed at Little Rock Air Force base, approximately 50 miles from the silo) ordered an evacuation of the site. Todays ICS requirements assign the highest-ranking individual present on scene as the incident commander which I believe would have been Lieutenant Childers based on the way he speaks of the incident and his thought process and actions, meaning Lt. Childers would have kept his staff inside the base, killing far more than the single casualty which occurred the following morning.

The incident could have been far more devastating had different decisions been made or if more safeguards had failed causing the nuclear warhead to detonate, but it could have also resolved without any injuries and casualties had there been more thought put into the actions taken. For instance, with such volatile fumes inside the silo, anybody with basic understanding of electricity and electrical motors would have known that starting up an electric motor (fan) would have created sparks, static electricity and ultimately an explosion. The base was already evacuated, there was no reason why the officials couldnt wait for the fumes to naturally dissipate, only a slightly slower process than turning on exhaust fans.

Peer 2 Kj

I would fire both individuals who were working on the socket in Damascus, AR. Plumb and Powell were both careless in regards to the safety concerns of the job. The two people were so eager to engage with other activities, to where they were careless to provide the expected routine in their work. As the two individuals continued to act confused towards the warnings and sirens as if they were not aware of the situation at hand. There were specified protocols at hand that could have prevented the situations. Everyone is aware that human error does happen, things do go wrong. If it was possible for Plumb or Powell to own up to what had happened, there could have been no fatalities at all during the situation. Plumb should have been discharged from the Air Force for his negligence and being an accomplice to Powell’s cover-up situation. Powell should have gone to jail for involuntary manslaughter. He killed his close friend due to his own error and lie. Powell and Plumb would have also killed many more individuals if the warhead would have exploded. Sending the individuals to jail would be justifiable in regards to the life being taken and the damage done because of their negligence and false statements. 

My thoughts on the outcome of the disaster is seeing how the situation could have been prevented possibly. I am not familiar with nuclear warheads but I feel that there could have been a preventive measure taken if there was advanced notice. Taking the preventive measures to ensure that nothing goes wrong would have helped everyone such as using the correct tools, it was all human error. There could have been a better plan for an escape route. One person could have utilized the control room while the others did the work and prevented the minimal damage possible. One mistake that I think was made was having the individuals going back into the area when it should have been evacuated. 

Watch the video on the link below and answer the following questions

. 

1. How does the video you watched break down the traditional stereotypes and provide the you with a different perspective of the person, community, or location?
2. The video uses many rhetorical styles, such as narration, description, compare/contrast, definition, analysis, and so forth. Describe some of the rhetorical styles operating in the video and provide examples to support your ideas.
3. While the video may not provide in-text citations or a works cited page, how does the video use ethos to establish the credibility of the speaker? Does the speaker use author tags? What other techniques does the speaker use to make claims or points?
4. What is the central message, theme, or thesis of the video? Do you agree or disagree with these ideas? What is your opinion? Provide examples to support your opinion. 
5. Discuss what you learned from the video that will assist you in writing work 2. Focus on techniques such as rhetorical styles and appeals.

    DUE DATE :22/06/2022 @ 3pm

training manual (2-3 pages) to ensure new hires have a solid understanding of income statements, balance sheets, and the elements that go into them.

Introduction

This portfolio work project will help you to not only better understand commonly used accounting tools, but it will also give you the opportunity to use your skills and experience by preparing training materials to train someone else.

Scenario

You work for an organization that is seeking growth and recently has hired new district managers to assist in this growth. In talking to other regional managers, you have heard that some district managers do not have a thorough understanding of commonly used accounting tools including an income statement and balance sheet. You have a new district manager hire, John, and see the need to do some training with him so he has a solid understanding of income statements, balance sheets, and the elements that go into them, including advertising costs, Web development costs, and store opening costs.In preparing to train your new hire, you have determined that the use of examples (a picture is worth a thousand words) can be a great approach to use. So you have decided to gather some examples from the companys summary of significant accounting policies from its latest financial statements.You may apply this scenario to either Option 1 or Option 2, described in Requirements below.

Your Role

You are a regional manager for Urban Outfitters or your selected organization and oversee a number of districts. You have recently brought a new district manager on board and want to ensure he has the knowledge and tools needed to effectively do his job.

Requirements

Option 1:

The organization you work for is Urban Outfitters. Use the website to find the Urban Outfitters 20162017 financial statements summary of significant accounting policies. Look at the data for 2015, 2016, and 2017 for the following examples of essential elements you need to cover with John and ensure his understanding.

• Advertising. Examine the criteria used to expense and capitalize advertising costs and where these costs appear in the financial statement.
• Store opening costs. Examine how store opening and organization costs were handled and where these costs appear in the financial statement.
• Website development costs. Examine the approaches taken during the application and infrastructure development stage and the planning and operating stage.

Option 2:

Use a firm or scenario of your choosing.Before choosing a company, read the assessment thoroughly to ensure:

• The company fits the assessment requirements.
• You have access to the financial statements summary of significant accounting policies and the Note disclosures from which you are drawing your materials. Include this information in the appendix for reference.
• You can distribute the data without disclosing confidential company information.

Training Materials

As you prepare your training materials for John, use the examples you collected from the companys Notes to financial documents to illustrate how you address the following items:

• Explain how one or more of the following costs are captured: 
  • Advertising.
  • Store opening. If store opening costs were capitalized, over what time period would you amortize them? Explain why you selected this time period.
  • Website development.
• Analyze the importance of Notes to financial statements in interpreting financial statements.
• Explain how the accounting method the company uses affects the financial statements.
• Explain how the financial statements would differ if another method were used to capture the costs.
• If you have a preference for capitalizing or expensing these costs, explain why it is your preference.

Deliverable Format

Leadership has asked that you develop either a training deck or a training manual that you will use with John and that can be deployed with other new hires as well. Regardless of the format selected, the information should address the points identified above and with detailed explanations within the notes areas of slides or within the training manual text. It will also be helpful to include information in regard to why each item is important to the organization as well as the success of the new district manager.To use your time and Johns time wisely, be conscientious about providing thorough yet concise information. These materials are expected to be used by others for future training needs, so make sure they are well organized and clear.

Training materials requirements:

• 2-3 pages for a training manual.

Related company standards for either format:

• The training manual is a professional document and should therefore follow the corresponding MBA Academic and Professional Document Guidelines, including single-spaced paragraphs. 
  • To learn more about creating presentations, click “MBA Program Resources” and then “Presentation Skills.”
• In addition to the training deck or manual materials, include: 
  • Title (slide or page).
  • References (slide or page).
  • Appendix with supporting materials. If you are using a firm or scenario of your choosing, ensure faculty has sufficient information to understand how you reached your recommendation.
• At least two APA-formatted references.

Evaluation

By successfully completing this assessment, you will demonstrate your proficiency in the following course competencies through corresponding scoring guide criteria:

• Competency 1: Explain how accounting concepts and practices impact financial reporting. 
  • Explain how the accounting method the company used affects the financial statements.
  • Compare how two accounting methods differ in their effects on the financial statements.
• Competency 4: Communicate financial information with multiple stakeholders. 
  • Communicate accounting information clearly.