GENEROUS TIP SINCE IT IS DUE TOMORROW!!!You are the head of the Huffman Trucking accounting department. The chief executive officer (CEO) has asked you to prepare a financial report addressing long-term financial needs.Examine financial information for Huffman Trucking, a Virtual Organization. Read the New Strategic Directions Memo. Calculate external funds needed (EFN) to create the pro forma balance sheet. Calculate the following year-end ratios for the pro forma statements:o Profit as a percentage of saleso Current ratioo Asset ratioPrepare a financial report of at least 1000-words for the CEO containing the EFN calculation, the ratio calculations, and an explanation of how you reached the calculations. Explain which income statement and balance sheet items you assumed were variable instead of fixed.Format your paper according to APA standards.MemoTo: All Senior StaffFrom: Kristen Huffman, CEO & PresidentRe: New Strategic DirectionThank you for attending our annual strategic planning session. Given recent changes in the economy and customer needs, a new direction for our company is necessary. After reviewing how other companies restructured themselves in recent years, we will mirror how UPS® conducts business as a partner/consultant with large customers. For our company, however, we will go a step further and become a warehousing/local just-in-time (JIT) delivery source, instead of providing logistics advice to clients, as UPS® does.To accomplish this, we must integrate this new direction into our upcoming strategic plan and financial planning. First, I need all department managers to prepare their budgets.I would also like our accounting department to move ahead on a preliminary set of pro forma statements, even without final budgets, using the following assumptions. They must determine if external funding is needed.I have attached a summary of assumptions about this new direction.New Strategic Direction Page 21. Assume inflation of 4% on expenses, not including depreciation and taxes. This is in addition to the new initiative’s costs.New Strategic Initiative Assumptions Huffman may overcome increased competition and economic slowdown by initiating a new strategy; this will turn our company into a one-stop shop and key logistics company. We will provide consulting services, generate revenues, and become a JIT warehouse/delivery source. A local retailer selling products from a distant manufacturing plant, for example, may accept JIT deliveries, instead of 40-foot trailer loads. This would be fulfilled by the local operation.2. Assume the following regarding variables versus fixed-nature-of-income-statement operating expenses for the existing business:a. 80% of wage benefits is variable and 20% is fixed.b. 100% of fuel expenses, purchased transportation, and operating supplies is variable.c. 100% of operating taxes is fixed.d. 20% of insurance and claims is fixed; the balance is variable.e. Assume depreciation, even with new expenditures, is fixed as the retirement of written-off assets, equaling new equipment.3. There will be new spending areas reflected on future budgets to reflect added satellite warehouse costs and space rental and costs of running the locations.a. In the first year, add $10 million of inflation, space rental, and operating costs at 25% of revenues from the new initiative.b. In the second year, add $10 million space rental, with inflation at the same variable percentage of sales.c. In the third year, add $7.5 million of the variable percentage of sales.4. In marketing, budget accounts have been added for new incurred costs. We will continue our present promotion and launch a new program, with the assistance of our marketing partner, the ABC Marketing Agency. They will advise us on the type, frequency, and content of new messages. Assume 100% of the existing budget is fixed with respect to volume along with new expenses. We expect incremental expenses, with $5 million of inflation in the first three years.5. Our existing sales force, comprised of four national account managers, will call on clients such as Wal-Mart®, Sears®, and Best Buy®. Existing expenses are assumed to be 100% fixed in relation to revenue. To tap into specialized markets, our strategy is aimed at adding four industry-specific managers, each with a salary base of $50,000 and 2% commission of generated revenues.6. The human resources budget will not change substantially aside from added hiring, recruiting, training, and drug testing fees. Assume 10% of expenses is fixed; the balance is variable with volume.New Strategic Direction Page 37. Assume current assets and liabilities are variable. Expect an addition of $10 million to operating property, spent in the first year. Our payment to vendors, suppliers, and taxes will be in thirty-day terms. We expect all payments to be in sixty-day terms.8. Assume revenue growth from our existing business will grow at 8% versus 10% in past years. Our new strategy, however, adds incremental consulting revenues of $3.5, $4.5, and $6.5 million in the first, second, and third years. New warehousing will add revenue of $10, $30, and $40 million in the first, second, and third years. All new revenue will be subject to commissions for industry-specific managers” “

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generating ValueA.Evaluate how the company in the case study uses operations managementfunctionsto provide products and generate value for its customers. Support your claims with examples from the case study or outside sources. B.Assess how this company achieves a competitive advantageusing operations management. Provide examples found in the case study or outside sources to support your reasoning. C.Compare and contrastservice operations and manufacturing operations at the company in the case study. How are they the same? How do they differ? How does each of these operations provide value for their customers? II.Theories andTechniquesA.Compare and contrastthe critical path method (CPM) and the program evaluation and review technique (PERT). What types of projects at this company would favor PERT over CPM? Why? What types of projects at this company would favor CPM over PERT?Why? B.Explain the steps used to develop a forecasting system. How would these steps be specifically utilized by this company? What do you predict would be the result of implementing a forecasting system for the top-selling product line at this company? C.List the major categories of supply chain riskand associated risk reduction tactics. How could the company mitigate exposure to supply chain disruptions caused by natural disasters? For example, consider the 2011 earthquake and tsunami that devastated parts of Japan

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Generates hydroxide when it reacts with water. See options below.

Generates hydroxide when it reacts with water .O Lewis BaseO Bronsted BaseO Arrhenius BaseO Lewis AcidO Arrhenius AcidO Bronsted Acid

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Over the past five weeks, you have use the Stellarium planetarium software to plan an observation, examine a number of celestial objects, and test astronomical hypotheses for yourself. In a 1-2 page length paper in APA format, please reflect on the past work you have done and answer the following questions:

• How did the previous laboratory exercises help you to understand the scientific method and how astronomy uses observations to test hypotheses and theories?
• Which of the five activities did you find to be the most interesting or educational?
• Did you find the Stellarium program easy or difficult to use? What would you recommend to the programmer of Stellarium to make any changes or add any additional features?
• If you had to use Stellarium to devise your own new laboratory exercise, what aspect of the program would you use? What astronomical objects would you focus on?

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