INSTRUCTIONS: Using Financial and Managerial Accounting methods: IM I’m Identify at least one key concept or financial tool from each unit: -Summary of Transactions -Summarizing…

INSTRUCTIONS: Using Financial and Managerial Accounting methods: IM I’m

Identify at least one key concept or financial tool from each unit:

-Summary of Transactions

-Summarizing a Transaction ledger

-Post-closing Trial Balances

-Summary of T-accounts

-Summary of Ratios

-Fixed Costs

-Relevant costs and benefits

present value concepts to a single amount and an annuity.Describe the benefits of budgetingAnalyze the logic underneath capital budgeting decision technique

-Cost of Capital

A. Describe how you anticipate putting the tool into action as a manager.

Describe with thoughtful examples of how the concepts learned in this course have added to your collective financial intelligence with regard to each of the following skill sets:

Understanding the foundation of financial measurement

Understanding the art of finance(i.e. assumptions, estimates, etc.)

Understanding financial analysis.

Understanding the big picture of a company’s financial performance.

Case Study:::

In May 2013, Rebecca Young completed her MBA and moved to Toronto for a new job in investment banking. There, she rented a spacious, two-bedroom condominium for $3,000 per month, which included parking but not utilities or cable television. In July 2014, the virtually identical unit next door became available for sale with an asking price of $620,000, and Young believed she could purchase it for $600,000. She realized she was facing the classic buy-versus-rent decision. It was time for her to apply some of the analytical tools she had acquired in business school — including “time value of money” concepts — to her personal life.

While Young really liked the condominium unit she was renting, as well as the condominium building itself, she felt that it would be inadequate for her long-term needs, as she planned to move to a house or even to a larger penthouse condominium within five to 10 years — even sooner if her job continued to work out well.

Friends and family had given Young a variety of mixed opinions concerning the buy-versus-rent debate, ranging from “you’re throwing your money away on rent” to “it’s better to keep things as cheap and flexible as possible until you are ready to settle in for good.” She realized that both sides presented good arguments, but she wanted to analyze the buy-versus-rent decision from a quantitative point of view in order to provide some context for the qualitative considerations that would ultimately be a major part of her decision.


If Young purchased the new condominium, she would pay monthly condo fees of $1,055 per month, plus property taxes of $300 per month on the unit. Unlike when renting, she would also be responsible for repairs and general maintenance, which she estimated would average $600 per year.

If she decided to purchase the new unit, Young intended to provide a cash down payment of 20 per cent of the purchase price. There was also a local deed-transfer tax of approximately 1.5 per cent of the purchase price, and a provincial deed-transfer tax of 1.5 per cent, both due on the purchase date. (For simplicity, Young planned to initially ignore any other tax considerations throughout her analysis.) Other closing fees were estimated to be around $2,000.

In order to finance the remaining 80 per cent of the purchase price, Young contacted several lenders and found that she would be able to obtain a mortgage at a 4 per cent “quoted” annual rate1 that would be locked in for a 10-year term and that she would amortize the mortgage over 25 years, with monthly payments. The money that Young was planning to use for her down payment and closing costs was presently invested and was earning the same effective monthly rate of return as she would be paying on her mortgage. Young assumed that if she were to sell the condominium — say, in the next two to 10 years — she would pay 5 per cent of the selling price to realtor fees plus $2,000 in other closing fees.


In order to complete a financial analysis of the buy-versus-rent decision, Young realized that her first task would be to determine the required monthly mortgage payments. Next, she wanted to determine the opportunity cost (on a monthly basis) of using the lump-sum required funds for the condominium purchase rather than leaving those funds invested and earning the effective monthly rate, assumed to be equivalent to the mortgage rate. She would then be able to determine additional monthly payments required to buy the condominium compared to renting, including the opportunity cost.

Young wanted to consider what might happen if she chose to sell the condominium at a future date. She was confident that any re-sell would not happen for at least two years, but it could certainly happen in five or 10 years’ time. She needed to model the amount of the outstanding principal at various points in the future — two, five or 10 years from now. She then wanted to determine the net future gain or loss after two, five and 10 years under the following scenarios, which she had determined were possible after some due diligence regarding future real-estate prices in the Toronto condo market: (a) The condo price remains unchanged; (b) The condo price drops 10 per cent over the next two years, then increases back to its purchase price by the end of five years, then increases by a total of 10 per cent from the original purchase price by the end of 10 years; (c) The condo price increases annually by the annual rate of inflation of 2 per cent per year over the next 10 years; and (d) The condo price increases annually by an annual rate of 5 per cent per year over the next 10 years.


Young realized she had a tough decision ahead of her, but she was well trained to make these types of decisions. She also recognized that her decision would not be based on quantitative factors alone; it would need to be based on any qualitative considerations as well. She knew she needed to act soon because condominiums were selling fairly quickly, and she would need to arrange financing and contact a lawyer to assist in any paperwork if she decided to buy.

I. PLEASE answer Question related to above case study in an excel Spreadsheet for the case study Questions below:

read the Time Value Money Case Study below, answer the following questions:

Determine the required monthly payments for the mortgageDetermine the “opportunity costs” on a monthly basis, of using the required funds for closing costs, rather than leaving those funds invested and earning the monthly effective rate determined in Part A.Determine the principal on the mortgage outstanding after a) two years, b) five yearsDetermine the “net” future gain or loss after two and five years under the following scenarios, which Rebecca Young has determined are possible after some “due diligence” regarding future real estate prices in the Toronto condo market:The condo price remains unchangedThe condo price drops 10 percent over the next two years, then increases back to its purchase price by the end of five yearsThe condo price increases annually by an annual rate of 5 percent per year over the next 5 yearsAs Rebecca Young, what decision would you make? Describe the qualitative considerations that could factor into your decision

Sample Solution
This page of the exposition has 1225 words. Download the full form above. The investigation of awareness is dangerous and, so as to battle this, has become an interdisciplinary exertion that addresses a plenty of parts of human comprehension and mind work. Initially, a neurological methodology taking a gander at specific deficiencies in patients was received to find out about typical and unusual mind work. Generally, there has been an expanding enthusiasm for the investigation of positive side effects, similar to those identified with synaesthesia. The marvel of synaesthesia can basically be portrayed as an ‘association of the faculties’ (“UK Synaesthesia Association”, 2018), whereby an inducer (for example the letter An) evokes a random synaesthetic affiliation (for example the shading red). Clarifying the explanation behind and the instruments behind this mix of two distinctive psychological streams (Sobczak-Edmans and Sagiv, 2013) is one of the ‘difficult’ issues in cognizance look into (Chalmers, 1995), for what it’s worth basically an emotional encounter of ‘what things feel like’. While early examination into synaesthesia simply gave documentation, later work tries to clarify the perceptual experience of synaesthetes and consider how synaesthesia can illuminate discernment and awareness overall (for example Cohen Kadosh, Gertner and Terhune, 2012). A few analysts have caused cases for utilizing synaesthesia as a model issue to better to get awareness: for instance Gray (2005), who recommended that rather than functionalism (where there was a distinction in work, there ought to be a weighty contrast in understanding), in synaesthesia, two unique capacities can prompt the equivalent abstract understanding. The upsides of utilizing synaesthesia as a model issue were most successfully advanced by Sagiv and Frith (2013): they expressed that synaesthesia is phenomenologically characterized while its properties can be concentrated in detail. For instance, it is described by atypical perceptual encounters, which would then be able to be contrasted and situations where it is missing (while the abstract records of people’s cognizant experience go about as a reliant variable; Baars, 2003). The perceptual experience of synaesthetes is remarkable however its reality features a similar general issue, including how these encounters emerge and with what neural premise (Sagiv and Frith, 2013). The second component of synaesthesia that makes it a suitable model issue is the gigantic assortment of sub-types, proposed to be more than 80 (“Synesthesia”, 2017). These include assorted mixes of tangible modalities and sorts of encounters, which gives specialists an incredible number of chances to watch and test hypotheses of mind work and related mental states. Moreover, it welcomes a discussion on singular contrasts in emotional experience of our general surroundings. The third, most pragmatic explanation that favors utilizing synaesthesia as a model issue is that synaesthetes seem to be, for the most part, solid and willing examination members in contrast with utilizing neurological/neuropsychiatric patients who have perceptual variations from the norm. Synaesthesia is more typical than initially suspected – assessed to happen in up to 5% of the populace (Sagiv and Ward, 2006) – making a huge pool of potential members. Likewise, a survey by Luke and Terhune (2013) traces the flow remaining of investigation into synthetically incited synaesthesia: their discoveries expressed that serotonin agonists (Nichols, 2004) (for example LSD, mescaline) had the option to incite synaesthesia in non-synaesthetes and improve it in synaesthetes (Luke et al., 2012), with sound-related visual synaesthesia the most usually synthetically initiated. This line of research is deficient, be that as it may, if synthetically prompted synaesthesia is found to reliably impersonate innate synaesthesia, could additionally enlarge open door for investigation into the neural instruments supporting synaesthesia and consequently cognizance overall. One of the zones synaesthesia has been believed to be of most an incentive as a model issue is in the investigation of the neural relates of awareness, which can be educated by the neural corresponds of synaesthesia, and all the more explicitly in recognizing the negligible arrangements of neural instruments which, when enacted, trigger a synaesthetic encounter. It is important to separate between the neural associates of synaesthetic experience and those of consciousness of the actuating boost. Between-subjects structures give generally clear intends to a steady boost while looking at synaesthetes and non-synaesthetes. In any case, synaesthetes can’t be treated as one, as despite the fact that the names may be the equivalent the appearance regularly isn’t. Besides, the comorbidity of synaesthesia with different kinds may restrain any examination. It has for quite some time been speculated that V4 is basic for shading vision (for example Zeki, 1990) yet so as to infer that it is fundamental to shading cognizance, it would need to be appeared there is no shading experience without V4. Investigations of synaesthetic shading experience show examples of V4 actuation (for example Van Leeuwen et al., 2010), which would loan believability to this hypothesis. In spite of progress in the mapping of various cortical regions’ capacities, the examples of cortical network on perception, cerebrum capacity and cognizance, and their belongings, are not surely known. Synaesthesia offers chances to look at these examples from another point of view, particularly thinking about the expanding enthusiasm for network in formative conditions (for example Rippon et al., 2007), also its boundless limit in advising the connection between mind capacity, versatility and cognizant experience. Investigations of synaesthetes under ‘rest’ conditions (for example Tomson et al., 2013) bolster the hypothesis that changed system work is straightforwardly identified with adjusted cognizant experience. The neural relates of changes in these encounters can’t yet, be that as it may, clarify how physiological instruments can make the encounters. The individual contrasts in the manner individuals see the world is another zone which synaesthesia research might have the option to advise. At its center, synaesthesia is about atypical experience; in Sagiv and Robinson’s (2005) examination, for synaesthete AD the letter C is yellow, while for synaesthete CP it is blue. The distinction in the appearance of synaesthesia can resound an old inquiry in cognizance: do people concur on shading names yet experience them in an unexpected way? While conduct measures have assisted with barring some potential changes of people’s shading space (Palmer, 1999a), by and large it is difficult to observationally look at encounters. An exemption is visual impairment (Palmer, 1999b), where taking a gander at the neurophysiology of tangible frameworks has given some clarification to the distinction in experience: people who have one of three sorts of cone photoreceptors missing can’t separate between hues that the commonplace populace experience as particular. The preparing of data that originates from different tactile modalities isn’t just joined, however can likewise impact one another: a model would be the means by which visual info (for example viewing a scene on a screen) can impact sound localisation (for example the sound is originating from entertainers’ mouths, not speakers somewhere else in the room) (Macaluso and Driver, 2005). Tactile cooperations are likewise conceivable when only one tangible methodology is invigorated, as in synaesthesia. Synaesthesia epitomizes the ends that we develop our apparent world, which isn’t a precise of the outside world. Frith (2007) expressed that recognition is a dream that happens to harmonize with the real world, which means discernment is an inferential procedure. Surmisings about the world are made dependent on best accessible information and related knowledge, yet these can not be right, bringing about perceptual hallucinations (Gregory, 1980). Like the remainder of the world, synaesthetes can just investigate the world inside their faculties, in spite of their perceptual encounters being apparently more extravagant. Close by these regions where synaesthesia and cognizance research may commonly educate the other, the development of social reality, office and manners of thinking harmonize and may likewise profit by utilizing synaesthesia as a model issue. About Essay Sauce Exposition Sauce is the free understudy paper site for school and college understudies. We have a large number of genuine article models for you to use as motivation for your own work, all allowed to get to and download. …(download the remainder of the article above) About this article: This article was submitted to us by an understudy so as to assist you with your examinations. In the event that you use some portion of this page in your own work, you have to give a reference, as follows: Exposition Sauce, The investigation of cognizance. Accessible from: [Accessed 23-05-20].>GET ANSWER Let’s block ads! (Why?)

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