At the beginning of the year Unique Ltd, had total assets of $623,000 and total
liabilities of $349.000.
During the year Unique collected new contributions by owners of $21,000, paid
dividends of $14,000 and had total expenses of $362,000.
At the end of the year Unique has total assets of $672,000 and total equity of
$377,000.
Solve for all the unknown numbers and answer the following questions.
1. What was the company's profit for the period?
2.What was the company's beginning total equity?
3.What was the change in liabilities during the year?
If your answer is a decrease in liabilities, enter your answer as a negative number.
For example, if your answer is a decrease of $1,000, enter -1000
4.What was the company's ending total liabilities?
5. What is the total revenues earned during the year?

Answers

Answer 1

At the beginning of the year, Unique Ltd had total assets of $623,000 and total liabilities of $349,000. During the year, Unique collected new contributions by owners of $21,000, paid dividends of $14,000, and had total expenses of $362,000. At the end of the year, Unique had total assets of $672,000 and total equity of $377,000.

The company's profit for the period can be determined by calculating the difference between total revenues and total expenses. Total revenues can be calculated by adding the new contributions by owners to the ending total equity. Total revenues are: $21,000 + $377,000 = $398,000Total expenses are: $362,000Therefore, Profit = Total Revenues - Total Expenses = $398,000 - $362,000 = $36,000.

The change in liabilities during the year can be calculated by taking the difference between the ending total liabilities and the beginning total liabilities. The beginning total liabilities were given as $349,000. Therefore, the change in liabilities is: $377,000 - $349,000 = $28,000. Total revenues are:$21,000 + $377,000 = $398,000Therefore, the total revenues earned during the year are $398,000.

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Related Questions

The following table shows the revenues (in $ millions) for Firm 1 and Firm 2 over the past three years.
Year Firm 1 Firm 2
1 15.73 3.06
2 14.53 2.99
3 14.20 2.99
a. Calculate the average growth rate for each firm.
b. Which firm had the higher growth rate over this period?

Answers

For Firm 1, the average growth rate is approximately -3.47%.For Firm 2, the average growth rate is approximately -1.15%. Firm 1 had the higher growth rate over this period.

To calculate the average growth rate for each firm based on the revenue data provided over the past three years, we can use the formula:

Average Growth Rate = [(Final Value / Initial Value)^(1/n) - 1] * 100

where

"Final Value" is the revenue at the end of the period,

"Initial Value" is the revenue at the beginning of the period, and

"n" is the number of years.

To calculate the average growth rate for each firm, we use the formula mentioned above. Let's calculate it for each firm:

For Firm 1:

Initial Value = $15.73 million (Year 1 revenue)

Final Value = $14.20 million (Year 3 revenue)

n = 3 (number of years)

Average Growth Rate = [(14.20 / 15.73)^(1/3) - 1] * 100

                    ≈ (-0.9037 - 1) * 100

                    ≈ -0.0949 * 100

                    ≈ -3.47%

For Firm 2:

Initial Value = $3.06 million (Year 1 revenue)

Final Value = $2.99 million (Year 3 revenue)

n = 3 (number of years)

Average Growth Rate = [(2.99 / 3.06)^(1/3) - 1] * 100

                    ≈ (0.9771 - 1) * 100

                    ≈ -0.0229 * 100

                    ≈ -1.15%

Comparing the average growth rates, we find that Firm 1 had a higher growth rate of approximately -3.47% compared to Firm 2 with a growth rate of approximately -1.15% over the three-year period. Therefore, Firm 1 had the higher growth rate over this period.

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I Need an answer based on Hospital

Create the current market map of your hospital (i.e., map all the customer segments and geographies(market spaces) your organization serves with each of its existing services).

Answers

Hospitals provide essential healthcare services to the communities in which they operate. They offer a range of services, including diagnostic, therapeutic, and rehabilitative services, to patients of all ages. The current market map of a hospital would involve mapping all the customer segments and geographic locations that the organization serves with each of its existing services.

For instance, hospitals may offer different services to different customer segments. For example, they may offer maternity and pediatric services to families, emergency services to accident victims and patients with life-threatening illnesses, and oncology services to patients with cancer.

Similarly, the geographic locations that a hospital serves will vary depending on the services it offers. For example, a hospital may serve patients in its immediate vicinity for primary care services, while it may serve patients from across the country for specialized services such as organ transplantation or advanced cancer treatment.

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Suppose the MYR per USD was 3.4 on Monday (June 7,2022) and 4.25 on Friday June 11, 2022). Did MYR appreciate or depreciate relative to USD? How much was the appreciation/depreciation (in percentage change terms)?

Answers

The MYR depreciated relative to the USD.The Malaysian Ringgit (MYR) depreciated by approximately 25% relative to the US Dollar (USD) between Monday (June 7, 2022) and Friday (June 11, 2022).

To calculate the percentage change in MYR relative to USD, we use the formula:

Percentage change = ((New value - Old value) / Old value) * 100

Old value (June 7, 2022): 1 USD = 3.4 MYR

New value (June 11, 2022): 1 USD = 4.25 MYR

Percentage change = ((4.25 - 3.4) / 3.4) * 100

Percentage change ≈ 25%

The Malaysian Ringgit (MYR) depreciated by approximately 25% relative to the US Dollar (USD) between Monday (June 7, 2022) and Friday (June 11, 2022). This means that the MYR became weaker compared to the USD during that period.

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An expedition company headquartered in Bekasi wants to expand
its business in Sumatra, Central Java and Kalimantan and will place
3 operational personnel
to manage trucks in each of these areas (Upin,

Answers

The primary objective of the expansion is to tap into the vast, untapped potential of these regions and expand the company's business reach to these areas.In Sumatra, the company can leverage the excellent road network and logistics support, which will make it easy to transport goods from one region to another.

The region is blessed with abundant natural resources such as oil and gas, rubber, timber, palm oil, and coal, which provide an ideal opportunity for the company to expand its business. Similarly, Central Java offers a lot of potential with its excellent infrastructure, including an efficient road network and good rail connections. With these in place, the company can take advantage of the region's rich agricultural resources, tourism potential, and develop a logistics hub for goods moving between Sumatra and Kalimantan.Kalimantan is another excellent opportunity for the company. The region is home to a large number of mining and natural resources companies, and there is an enormous demand for logistics support.

By expanding its business to these regions, the company can increase its customer base, improve its operational efficiencies, and take advantage of the growth opportunities offered by these regions.

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Critique the circular flow model and discuss the model that is
more comprehensive.

Answers

The circular flow model demonstrates the flow of money throughout society. Wages and other financial payments for commodities are exchanged between employers and employees. A nation's financial system ultimately revolves around itself.

More thorough models have been created to overcome these drawbacks, including the aggregate demand-aggregate supply (AD-AS) model and the dynamic stochastic general equilibrium (DSGE) model. These models give a more complex study of macroeconomic phenomena by taking into account the activities of the government, financial sector, and global commerce.

The AD-AS model takes into account both aggregate supply and aggregate demand, which are driven by variables like manufacturing costs and technology. Aggregate demand is influenced by things like consumption, investment, government expenditure, and net exports.

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The enormous variety of goods and services that we consume each day can be attributed mainly to: O government regulations. O home production. O specialization and trade. O early craftsmen handing down their knowledge.

Answers

The enormous variety of goods and services that we consume each day can be attributed mainly to specialization and trade. Specialization allows individuals, businesses, and countries to focus on producing those goods and services in which they have a comparative advantage, while trading enables them to exchange their specialized products for other goods and services that they need or want.

Specialization and trade are the primary drivers of the enormous variety of goods and services that we enjoy today. Specialization refers to the process of individuals, businesses, and countries focusing on producing a narrow range of goods or services that they can produce more efficiently and effectively than others. This specialization allows them to become experts in their field, leading to higher productivity, lower costs, and ultimately better quality products.

Trade, on the other hand, enables individuals, businesses, and countries to exchange their specialized products for other goods and services they need or want. By trading, these entities can obtain a greater range of goods and services than they could if they produced everything themselves. This leads to an incredible diversity of goods and services available to consumers, as each entity focuses on producing what it does best and then trades with others for the goods and services they need.

While government regulations, home production, and the legacy of early craftsmen may contribute to some extent, they are not the primary drivers of the incredible diversity of goods and services we enjoy today. Government regulations can affect the types of goods and services produced and traded, but they do not create the specialization and trade that lead to a vast array of options for consumers. Home production and the legacy of early craftsmen may also contribute to the variety of goods and services available, but they are limited by the skills and resources of the individuals producing them and cannot compare to the efficiency and productivity gains of specialization and trade.

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Question 34 1.5 pts Which of the following is the correct measure for central tendency of a categorical question? O Mean (average) O Median O Mode O Frequency 27 Question 35 1.5 pts Which of the following is the correct measure for central tendency of a categorical question? O Mean (average) O Median O Mode O Frequency 4 Question 36 1.5 pts Complicated questions should be placed at the beginning of the survey in case the respondent gets tired toward the end of the survey. O True O False 27

Answers

Understanding the appropriate measures of central tendency for categorical questions and the optimal placement of complex questions within a survey are important considerations for researchers looking to collect high-quality data.

By using the right measures and structuring surveys in an effective way, researchers can improve data accuracy and yield more meaningful results.

Question 34: The correct measure for central tendency of a categorical question is the mode. Since categorical questions have non-numeric responses, it's not possible to calculate the mean or median. Instead, the mode represents the most frequent response to the question and is the best measure of central tendency for categorical data.

Question 35: The correct measure for central tendency of a categorical question is the mode. This is because, in categorical questions, responses are grouped into categories that do not have inherent numeric values, so traditional measures like mean and median cannot be used. Therefore, the mode, which represents the most common response, is the only appropriate measure of central tendency for categorical data.

Question 36: False. Complicated questions should be placed towards the end of the survey when respondents have already become familiar with the survey and its structure. If complicated questions are placed at the beginning, respondents may become discouraged, leading to lower response rates or less accurate responses. By placing complicated questions at the end, researchers can ensure that respondents are fully engaged and able to provide thoughtful answers, leading to higher quality data and more accurate results.

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You cannot expect to work well with other people unless you are fully aware of your own individual differences and characteristic features. Successful understanding and management of interpersonal relationships can only start with an honest individual self-analysis."
Evaluate the above statement.
In your answer provide definitions on personality, personality tests and teams.
Refer to the practical value of two personality tests of your choosing.
1500 WORD

Answers

The statement emphasizes the importance of self-awareness and understanding one's own individual differences and characteristics in order to effectively work with others. This evaluation will explore the significance of self-analysis in interpersonal relationships, define key terms such as personality, personality tests, and teams, and discuss the practical value of two personality tests: the Myers-Briggs Type Indicator (MBTI) and the Big Five Personality Traits model.

Personality refers to the unique set of patterns, traits, behaviors, and characteristics that define an individual's distinctive identity. It encompasses a person's thoughts, emotions, and actions, and influences how they perceive and interact with the world. Understanding one's own personality is crucial for personal growth and development, as well as for building and maintaining successful relationships.

Personality tests are assessment tools used to measure and evaluate an individual's personality traits, preferences, and tendencies. They provide insights into various aspects of an individual's personality, such as their communication style, decision-making approach, and interpersonal dynamics. These tests can help individuals gain self-awareness, identify their strengths and weaknesses, and understand how they may interact with others.

Teams are groups of individuals who come together to achieve a common goal or objective. Effective teamwork requires open communication, cooperation, and understanding among team members. Each team member's unique personality contributes to the overall dynamics of the team. By being aware of their own personality traits and understanding how they may impact the team, individuals can better collaborate and navigate conflicts within the team setting.

One popular personality test is the Myers-Briggs Type Indicator (MBTI), which is based on Carl Jung's theory of psychological types. The MBTI assesses individuals across four dimensions: extraversion (E) vs. introversion (I), sensing (S) vs. intuition (N), thinking (T) vs. feeling (F), and judging (J) vs. perceiving (P). This test provides individuals with a four-letter type, such as ISTJ or ENFP, offering insights into their preferences in communication, decision-making, and problem-solving. Understanding one's MBTI type can enhance self-awareness and promote better understanding and collaboration within teams.

Another widely recognized personality framework is the Big Five Personality Traits model, which assesses individuals across five dimensions: openness to experience, conscientiousness, extraversion, agreeableness, and neuroticism. Each dimension represents a spectrum, and individuals are rated on a scale for each trait. The Big Five model provides a comprehensive understanding of an individual's personality, highlighting their tendencies in areas such as emotional stability, conscientiousness, and social interactions. This knowledge can aid in team formation, as teams can be composed of individuals with diverse personality profiles, allowing for complementary strengths and balanced dynamics.

Both the MBTI and the Big Five Personality Traits model have practical value in various contexts. In the workplace, understanding one's personality type or trait profile can improve self-management, communication, and teamwork. It can also aid in career development and help individuals align their strengths and preferences with suitable roles and work environments.

In conclusion, the statement accurately highlights the significance of self-analysis and self-awareness in fostering successful interpersonal relationships. Understanding one's own individual differences and characteristics is crucial for effective collaboration and teamwork.

Personality tests, such as the MBTI and the Big Five Personality Traits model, provide valuable insights that can enhance self-awareness and facilitate better understanding and communication within teams. By recognizing and appreciating the diverse personality profiles of team members, individuals can build stronger relationships, resolve conflicts more effectively, and contribute to a more harmonious and productive team dynamic.

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What are the Market risks LTD encounters?
What business risks does LTD encounter in its day-to day operations?
What compliance and human capital risks might LTD face?
How do risk mangement activities correlate with overall productivity?

Answers

Compliance risks are the risks associated with noncompliance with laws and regulations, while human capital risks are the risks associated with employees.

LTD is likely to encounter market risks, business risks, and compliance and human capital risks in its day-to-day operations. Market risks are the risks associated with changes in market prices, while business risks are the risks associated with business operations. There are various market risks LTD is likely to encounter, including interest rate risk, foreign exchange risk, and commodity price risk. Interest rate risk arises when there is a fluctuation in interest rates, which can affect the company's profitability.

Human capital risks are the risks associated with employees. For instance, LTD may face risks associated with employee retention, recruitment, or training. Risk management activities can help to mitigate these risks. Risk management activities include identifying risks, assessing risks, developing risk management strategies, and monitoring risks. By managing risks effectively, LTD can help to improve its overall productivity. Effective risk management can help to improve efficiency, reduce costs, and enhance the company's reputation.

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QUESTION 1
Syntex, Inc., is considering an in-vestment in one of two common stocks. Given the information that follows, which investment is better, based on risk (as measured by the standard deviation) and return?
Common Stock A Common Stock B
Probability Returns Probability Returns
0.3 11% 0.2 -5%
0.4 15% 0.3 6%
0.3 19% 0.3 14%
0.2 22%
QUESTION 2
Syntex, Inc., is considering investing in both stocks and build an equally weighted portfolio.
If the correlation between the stocks is 0.5, what is the expected portfolio return and standard deviation?
`Due to the increased profits, Syntex, Inc., has additional funds of $1,000,000, and is considering investing $340,000 in Stock A and the rest of the funds in Stock B to build a value weighted portfolio.
If the correlation between the stocks is -0.5, what is the expected portfolio return and standard deviation?
Was it a good choice? Elaborate you answer.

Answers

1  :Based on risk and return, Common Stock A is the better investment as it has a higher expected return and lower standard deviation.

2:  The expected return of the value-weighted portfolio is lower than the equally weighted portfolio, but the standard deviation is also lower. This means that the value-weighted portfolio has a lower risk and higher reward compared to the equally weighted portfolio.

1:

To determine which investment is better, we need to calculate the expected return and standard deviation for each stock.

For Common Stock A:

Expected return = (0.3 x 11%) + (0.4 x 15%) + (0.3 x 19%) + (0.2 x 22%) = 16.6%

Standard deviation = sqrt[(0.3 x (11% - 16.6%)^2) + (0.4 x (15% - 16.6%)^2) + (0.3 x (19% - 16.6%)^2) + (0.2 x (22% - 16.6%)^2)] = 4.34%

For Common Stock B:

Expected return = (0.2 x -5%) + (0.3 x 6%) + (0.3 x 14%) + (0.2 x 22%) = 9.6%

Standard deviation = sqrt[(0.2 x (-5% - 9.6%)^2) + (0.3 x (6% - 9.6%)^2) + (0.3 x (14% - 9.6%)^2) + (0.2 x (22% - 9.6%)^2)] = 7.81%

Based on risk and return, Common Stock A is the better investment as it has a higher expected return and lower standard deviation.

2:

If Syntex, Inc., builds an equally weighted portfolio with a correlation of 0.5, the expected portfolio return and standard deviation can be calculated using the following formulas:

Expected portfolio return = wA x Expected return of Stock A + wB x Expected return of Stock B

Expected portfolio return = (0.5 x 16.6%) + (0.5 x 9.6%) = 13.1%

Standard deviation of the portfolio = sqrt[wA^2 x Standard deviation of Stock A^2 + wB^2 x Standard deviation of Stock B^2 + 2wA x wB x Correlation x Standard deviation of Stock A x Standard deviation of Stock B]

Standard deviation of the portfolio = sqrt[(0.5^2 x 4.34%^2) + (0.5^2 x 7.81%^2) + (2 x 0.5 x 0.5 x 0.5 x 4.34% x 7.81%)] = 5.67%

If Syntex, Inc., builds a value-weighted portfolio with $340,000 in Stock A and the rest of the funds in Stock B, assuming a correlation of -0.5, the expected portfolio return and standard deviation can be calculated as follows:

Expected portfolio return = (wA x Expected return of Stock A) + (wB x Expected return of Stock B)

Expected portfolio return = ((340,000 / 1,000,000) x 16.6%) + ((660,000 / 1,000,000) x 9.6%) = 11.28%

Standard deviation of the portfolio = sqrt[wA^2 x Standard deviation of Stock A^2 + wB^2 x Standard deviation of Stock B^2 + 2wA x wB x Correlation x Standard deviation of Stock A x Standard deviation of Stock B]

Standard deviation of the portfolio = sqrt[((340,000 / 1,000,000)^2 x 4.34%^2) + ((660,000 / 1,000,000)^2 x 7.81%^2) + (2 x (340,000 / 1,000,000) x (660,000 / 1,000,000) x -0.5 x 4.34% x 7.81%)] = 4.45%

The expected return of the value-weighted portfolio is lower than the equally weighted portfolio, but the standard deviation is also lower. This means that the value-weighted portfolio has a lower risk and higher reward compared to the equally weighted portfolio.

In conclusion, building a value-weighted portfolio with $340,000 in Stock A and the rest of the funds in Stock B is a good choice as it provides a better risk-reward tradeoff compared to an equally weighted portfolio.

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Countries in the European Union apply the country of origin principle in international jurisdiction over Internet transactions. Which of the following is likely to be true of EU countries in terms of their jurisdiction standards?

Multiple Choice

O It involves a greater risk of noncompliance for a business.

O It is difficult for courts to apply a rule of thumb to determine choice of law.

O They apply the law of the country in which the defendant’s servers are located.

O Managers must have fundamental knowledge of the laws of each country.

Answers

the likely true statement regarding EU countries and their jurisdiction standards is: O They apply the law of the country in which the defendant’s servers are located.

The country of origin principle in international jurisdiction over Internet transactions means that EU countries typically apply the laws of the country where the defendant's servers are located when determining jurisdiction in such cases. This approach allows for a clearer determination of jurisdiction based on the physical location of the servers, providing a more straightforward application of the law in these situations.

judicial authority. 1. Introduction: The term "jurisdiction" refers to any legal authority granted to a court, tribunal, or judge to resolve a dispute between parties, provide a decision, or issue an order.

Contrary to subject-matter jurisdiction, which is jurisdiction over the law at issue in the litigation, personal jurisdiction refers to a court's jurisdiction over the parties, as established by the facts in evidence, which bind the parties to a lawsuit.

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Successful businesses typically progress through a series of life-cycle stages—from the idea stage to exiting the business; these five stages include the:
a. development stage, startup stage, survival stage, rapid growth stage, and maturity stage.
b. idea stage, design stage, operating stage, rebuilding stage, and decline stage
c. development stage, operating stage, rebuilding stage, rapid growth stage, and maturity stage
d. idea stage, startup stage, rapid growth stage, survival stage, and decline stage

Answers

Successful businesses typically progress through a series of life-cycle stages—from the idea stage to exiting the business; these five stages include the development stage, startup stage, survival stage, rapid growth stage, and maturity stage. Option (a) is correct.

No matter how big or little, every firm passes through these 4 stages of development: Startup, Maturity, Growth, and Renewal or Decline

Every step of the business life cycle, sometimes referred to as maturity phases, development phases, or growth stages, has its own problems that your company will need to conquer.

You can determine what stage of growth your small business is currently in by studying about each stage. This might assist you in making future plans and a suitable strategy for business expansion.

Therefore, Option (a) is correct.

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and supervisory expense, are allocated to three activity cost pools based on resource consumption. Data used in the first stage allocations follow:
Overhead costs:
Equipment expense $80,400
Supervisory expense $ 4,100
Distribution of Resource Consumption Across Activity Cost Pools:
Activity Cost Pools
Machining Order Filling Other Equipment expense 0.60 0.20 0.20
Supervisory expense 0.60 0.10 0.30
Machining costs are assigned to products using machine-hours (MHS) and Order Filling costs are assigned to products using the number of orders. The costs in the Other activity cost pool are not assigned to products. Activity data for the company's two products follow.
Activity:
Orders
MHS (Order
(Machining) Filling)
Product MO 1,300 790
Product H2 9,540 1,480
Total 10,840 2,270
What is the overhead cost assigned to Product H2 under activity-based costing? (Round your intermediate calculations to 2 decimal places.)

Answers

The overhead cost assigned to Product H2 under activity-based costing is $1,584.38 (rounded to two decimal places).

According to the problem, overhead costs are allocated to three activity cost pools based on resource consumption.

The distribution of resource consumption across activity cost pools is provided. Let's compute the overhead cost assigned to Product H2 under activity-based costing below.

Activity data for the company's two products:

Activity: Orders MHS (Order(Machining) Filling)

Product MO 1,300 790

Product H2 9,540 1,480

Total 10,840 2,270

Let's calculate the activity costs as follows:

Activity Cost Pools

Machining Order Filling Other

Total Activity Cost Rate

Machine-hours per activity cost pool 1300 / 60% = 2166.67

Order filling per activity cost pool 790 / 20% = 3950 1480 / 20% = 7400

Total activity cost pool usage 2166.67 + 3950 + 7400 = 13516.67

Activity cost rate $84,500 / 13516.67 = $6.25

Activity Cost Assigned to Each Product

Machining Order Filling Other

Total Product MO 156.25 (1,300 machine-hours × $6.25) 0 (no order filling) 0 156.25

Product H2 1,346.88 (9,540 machine-hours × $6.25) 237.50 (1,480 order fillings × $6.25) 0 1,584.38

Total 1,503.13 $237.50 0 $1,740.63

Therefore, the overhead cost assigned to Product H2 under activity-based costing is $1,584.38 (rounded to two decimal places).

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Assignment 7 Summary: Welcome to Assignment 7. To successfully complete this assignment, you will need to do substantial research, reading, and studying of the topics. In addition to the assigned readings found in the lesson area, you must conduct your own research using the university databases and other appropriate sources. Sources used should be peer-reviewed and published no more than six years ago. The Assignment 1) Watch this LinkedIn Learning section: Section 5 - Quality Control Basics from the course: Operations Management Fundamentals with Eddie Davila 2) Read Chapters 9, 10 3) Research solutions 4) Complete the Task: Solutions - Important Documents for template. 5) Complete Forecasting Diagram Assignment (See template in the Important Documents folder.) Assignment Deliverable References will appear on their own page at the end. The page count does not include the cover page or reference page.

Answers

Assignment 7 Summary: In Assignment 7, students are required to engage in extensive research, reading, and studying of the topics.

Alongside the assigned readings provided in the lesson area, students must conduct their own research using university databases and other credible sources. It is important to use peer-reviewed sources that have been published within the last six years. The assignment consists of the following tasks:

Watch the LinkedIn Learning section titled "Section 5 - Quality Control Basics" from the course "Operations Management Fundamentals with Eddie Davila."

Read Chapters 9 and 10.

Conduct research to explore potential solutions related to the assignment's topic.

Complete the task involving the creation of important documents using the provided template.

Complete the Forecasting Diagram Assignment using the template found in the Important Documents folder.

It is essential to adhere to the given requirements and instructions for each task.

The deliverables for this assignment should include references on a separate page at the end. The page count should not include the cover page or reference page.

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In your own words use two paragraphs to share your thoughts in support of (FOR) or AGAINST Corporate Social Responsibility being a critical area of focus for a firm in Canada.
Your answer should be provided in 2 paragraphs. Refer to chapter 7 for the Pros and Cons of CSR.

Answers

FOR: Corporate Social Responsibility (CSR) should be a critical area of focus for firms in Canada. In today's society, stakeholders expect businesses to operate with a sense of social and environmental responsibility.

By embracing CSR, firms can demonstrate their commitment to ethical practices, sustainable operations, and positive contributions to society. CSR initiatives can enhance a company's reputation, build trust with customers, attract and retain talented employees, and strengthen relationships with communities and regulators. Moreover, CSR can lead to long-term profitability by fostering innovation, reducing risks, and improving operational efficiency. In a country like Canada, where social and environmental issues are highly valued, prioritizing CSR allows firms to align with the expectations of their stakeholders and contribute to the overall well-being of the society.

AGAINST: While Corporate Social Responsibility (CSR) is often seen as a noble pursuit, it can sometimes impose additional costs and burdens on businesses, especially small and medium-sized enterprises (SMEs). For firms in Canada, where regulatory compliance is already stringent, focusing extensively on CSR initiatives may divert resources and attention away from core business operations. Moreover, the impact and effectiveness of CSR activities can be difficult to measure and may not always align with shareholder interests. Instead, firms should prioritize maximizing shareholder value and profitability, which can be better achieved by focusing on core competencies, innovation, and market competitiveness. Although some CSR practices may be beneficial, it should be left to the discretion of individual firms rather than being mandated as a critical area of focus for all businesses in Canada.

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BOX 2. Katherine consumes only apples. In year 1, red apples cost $1
each, green apples cost $2 each, and Katherine buys 10 red apples. In
year 2, red apples cost $2 each, green apples cost $1 each, and Katherine
buys 10 green apples.
Using the information in Box 2, and taking Katherine’s consumption as the
typical consumption basket, the CPI index in year 2 (taking year 1 as the base
year) is:
a) 100
b) 50
c) 66.6
d) 200
e) 150
f) There is not enough information to tell
Problem 5
Using the information in Box 2, and taking Katherine’s consumption as the
typical consumption basket, the GDP Deflator is:
a) 100
b) 50
c) 66.6
d) 200
e) 150
f) There is not enough information to tell

Answers

To calculate the CPI index in year 2 (taking year 1 as the base year) using Katherine's consumption as the typical consumption basket, we need to calculate the cost of the typical consumption basket in year 1 and year 2.

In year 1, Katherine buys 10 red apples at a cost of $1 each, for a total cost of $10.

In year 2, Katherine buys 10 green apples at a cost of $1 each, for a total cost of $10.

Therefore, the cost of the typical consumption basket in year 1 and year 2 is the same, which means that the CPI index in year 2 (taking year 1 as the base year) is 100.

a) 100

To calculate the GDP deflator, we need to use the formula:

GDP deflator = (nominal GDP / real GDP) x 100

Since Katherine only consumes apples, we can use the price of apples as a proxy for nominal GDP.

In year 1, the nominal GDP (total value of goods and services produced) is: Nominal GDP year 1 = 10 red apples x $1/apple = $10

In year 2, the nominal GDP is:

Nominal GDP year 2 = 10 green apples x $1/apple = $10

To calculate real GDP, we need to use a base year price. Since we are using year 1 as the base year, the real GDP will be the same as the nominal GDP in year 1.

Therefore, the GDP deflator in year 2 (taking year 1 as the base year) can be calculated as:

GDP deflator = (nominal GDP / real GDP) x 100

GDP deflator = ($10 / $10) x 100

GDP deflator = 100

a) 100

The CPI index in year 2 (taking year 1 as the base year) using Katherine's consumption as the typical consumption basket is 100. The GDP deflator in year 2 (taking year 1 as the base year) is also 100. This indicates that there was no inflation or deflation between year 1 and year 2. However, it is important to note that the data provided only pertains to Katherine's consumption of apples and may not be representative of the overall economy.

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2. For State budget planning, Louisiana Secretary of Health claimed that the Mean cost of a (non-ICU) COVID hospital treatment per patient is less than $25,000. To confirm Governor Edwards took a simple random sample of 25 (non-ICU) COVID patient costs. It showed a Sample Mean = $26,000 and Sample Standard deviation = $2000. Test the Secretary' claim using 5% level of significance. State your conclusion. It is important to the Governor for Budgetary Planning.

Answers

Based on the given information and conducting a one-sample t-test, we fail to reject the null hypothesis that the mean cost of a (non-ICU) COVID hospital treatment per patient is less than $25,000 at a 5% level of significance. Therefore, there is not enough evidence to support the Secretary of Health's claim.

To test the Secretary of Health's claim, we can use a one-sample t-test. The null hypothesis (H0) is that the mean cost of a (non-ICU) COVID hospital treatment per patient is $25,000, and the alternative hypothesis (H1) is that the mean cost is less than $25,000.

With a sample mean of $26,000 and a sample standard deviation of $2000, we can calculate the t-value using the formula (Sample Mean - Population Mean) / (Sample Standard Deviation / √Sample Size).

After calculating the t-value, we can compare it to the critical t-value at a 5% level of significance with 24 degrees of freedom. If the calculated t-value is less than the critical t-value, we reject the null hypothesis and conclude that the mean cost is less than $25,000.

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Consider a situation whereby your firm (B) is mulling a merger with the other firm (C) to form a monopoly with the cost function of TC = 8Q2 + 5, and a demand function of
P = 100 - 2Q.
1. Determine the quantity of output that the monopolist should produce and the price it should charge to maximize profit.
2. What is the profit?

Answers

To maximize profit, a monopolist can follow the following steps:

Step 1: Calculate Total Revenue (TR) using the demand function, which relates price (P) and quantity (Q) using the equation P = 100 - 2Q. TR is obtained by multiplying P by Q, resulting in TR = (100 - 2Q)Q = 100Q - 2Q².

Step 2: Calculate Total Cost (TC) using the cost function.

The monopolist determines TC by using the equation TC = 8Q² + 5, where ATC represents the average total cost per unit of output.

Step 3: Calculate Marginal Revenue (MR) by taking the derivative of TR with respect to Q. MR is obtained as MR = 100 - 4Q.

Step 4: Calculate Marginal Cost (MC) by taking the derivative of TC with respect to Q. MC is obtained as MC = 16Q.

Step 5: Determine the profit-maximizing output level where MR equals MC. Setting MR = MC, we have 100 - 4Q = 16Q, which leads to Q = 4.2 units.

Step 6: Calculate the price to maximize profit by substituting Q = 4.2 into the demand function. P = 100 - 2(4.2) results in P = $91.6 per unit.

Finally, to calculate the profit, substitute Q = 4.2 and P = 91.6 into the total revenue equation (TR) to get TR = $384.72. By substituting Q = 4.2 into the total cost equation (TC), TC = $146.68.

The profit is then calculated as Profit = TR - TC, which gives a profit of $238.04.

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Charni Chemical Company is considering purchasing an equipment which has an initial investment of Rs. 500000 which has a useful life of 4 years. The annual net cash flows (after tax) are Rs. 248000. The discount rate is 09 per cent. What is the NPV of the equipment? a. Rs. 803520 b. Rs. 500000 c. Rs. 535680 d. Rs. 303520

Answers

After discounting the annual net cash flows The net present value NPV of the equipment is Rs. 803,520. Option (a) is the correct answer.

To calculate the net present value (NPV) of the equipment, we need to discount the annual net cash flows over the useful life of the equipment and subtract the initial investment.

Initial investment: Rs. 500,000

Useful life: 4 years

Annual net cash flows: Rs. 248,000

Discount rate: 9%

To calculate the NPV, we discount each annual net cash flow to its present value and sum them up. The formula for calculating the present value (PV) of each cash flow is:

PV = Cash Flow / (1 + r)^n

Where:

PV = Present value

Cash Flow = Annual net cash flow

r = Discount rate

n = Number of years

Calculating the present value of each annual cash flow:

Year 1:

PV1 = Rs. 248,000 / (1 + 0.09)^1

PV1 = Rs. 248,000 / 1.09

Year 2:

PV2 = Rs. 248,000 / (1 + 0.09)^2

PV2 = Rs. 248,000 / 1.1881

Year 3:

PV3 = Rs. 248,000 / (1 + 0.09)^3

PV3 = Rs. 248,000 / 1.29503

Year 4:

PV4 = Rs. 248,000 / (1 + 0.09)^4

PV4 = Rs. 248,000 / 1.41158

Now, we sum up the present values of the cash flows:

NPV = PV1 + PV2 + PV3 + PV4

NPV = Rs. 248,000 / 1.09 + Rs. 248,000 / 1.1881 + Rs. 248,000 / 1.29503 + Rs. 248,000 / 1.41158

Calculating the NPV:

NPV ≈ Rs. 803,520.32

Therefore, the NPV of the equipment is approximately Rs. 803,520. Option (a) Rs. 803,520 is the correct answer.

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If the one-year spot rate is 4% and the forward rates for years 2, 3, 4, 5 are 5%, 7%, 8%, and 6%, respectively, then today’s interest rate on a five-year bond should be
a. 4%
b. 5%
c. 6%
d. 7%

Answers

Today's interest rate on a five-year bond should be approximately 6%.

To determine today's interest rate on a five-year bond, we can use the expectations theory of the term structure of interest rates. According to this theory, the long-term interest rates can be estimated based on the market's expectations of future short-term interest rates.

In this case, the one-year spot rate is given as 4%. To estimate the five-year interest rate, we need to consider the average of the expected future short-term interest rates.

Average expected short-term rate = (4% + 5% + 7% + 8% + 6%) / 5

Average expected short-term rate = 6%

Therefore, today's interest rate on a five-year bond should be approximately 6%.

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A bond offers a coupon rate of 3%, paid annually, and has a maturity of 8 years. The current market yield is 13%. Face value is $1,000. If market conditions remain unchanged, what should the price of the bond be in 1 year? Assume the market yield remains unchanged. Enter your answer in terms of dollars and cents, rounded to 2 decimals, and without the dollar sign. That means, for example, that if your answer is $127.5678, you must enter 127.57

Answers

To calculate the price of the bond in one year, we first need to find the current price of the bond., The price of the bond should be $269.11 in one year.

We can use the following formula:

Price = (Coupon Payment / Market Yield) x (1 - 1 / (1 + Market Yield)^n) + Face Value / (1 + Market Yield)^n

Where:

Coupon Payment = 0.03 x Face Value = $30

Market Yield = 13% = 0.13

n = number of years to maturity = 8

Face Value = $1,000

Plugging in these values, we get:

Price = ($30 / 0.13) x (1 - 1 / (1 + 0.13)^8) + $1,000 / (1 + 0.13)^8

= $245.12

So the current price of the bond is $245.12.

In one year, the bond will have 7 years to maturity and will offer 7 coupon payments of $30 each. Since market conditions are assumed to remain unchanged, the market yield will still be 13%. Using the same formula as before, we can calculate the price of the bond in one year:

Price in 1 year = ($30 / 0.13) x (1 - 1 / (1 + 0.13)^7) + $1,000 / (1 + 0.13)^7

= $269.11

Therefore, the price of the bond should be $269.11 in one year.

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Concord Company reports the following for the month of June. Unit Units Cost Total Cost June 1 Inventory 250 $7 $1,750 12 Purchase 430 8 3,440 23 Purchase 320 2,880 30 Inventory 100 9 (a2) Compute the cost of the ending inventory and the cost of goods sold using the average-cost method. The ending inventory The cost of goods sold eTextbook and Media Save for Later Attempts: 0 of 5 used (b) The parts of this question must be completed in order. This part will be available when you complete the part above. Current Attempt in Progress For Wildhorse Co., beginning capital balances on January 1, 2022, are Nancy Payne $15,000 and Ann Dody $21,200. During the year, drawings were Payne $9,000 and Dody $4,400. Net income was $26,100, and the partners share income equally. Prepare the owners' equity section of the balance sheet at December 31, 2022. WILDHORSE CO. Partial Balance Sheet 0 eTextbook and Media Save for Later $ Attempts: 0 of 5 used Submit Answer Pronghorn Co. had the following transactions during the current period. Mar. 2 Issued 4,900 shares of $5 par value common stock to attorneys in payment of a bill for $29,200 for services performed in helping the company to incorporate. June 12 Issued 63,800 shares of $5 par value common stock for cash of $403,500. July 11 Issued 2,425 shares of $100 par value preferred stock for cash at $140 per share. Nov. 28 Purchased 3,130 shares of treasury stock for $79,500. Journalize the transactions. (List all debit entries before credit entries. Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Tities and Explanation Debit -14 credit II

Answers

For Concord Company, the cost of the ending inventory using the average-cost method is $734, and the cost of goods sold is $7,336. For Wildhorse Co., the owners' equity section of the balance sheet at December 31, 2022, includes Nancy Payne's capital of $32,100 and Ann Dody's capital of $42,900.

Concord Company: Average-Cost Method

Cost of Ending Inventory:

To calculate the cost of the ending inventory using the average-cost method, we need to determine the weighted average cost per unit.

1: Calculate the total cost of the goods available for sale.

Total Cost = Total Cost of June 1 Inventory + Total Cost of Purchases

Total Cost = ($1,750 + $3,440 + $2,880) = $8,070

2: Calculate the total number of units available for sale.

Total Units = Units in June 1 Inventory + Units in Purchases

Total Units = (250 + 430 + 320 + 100) = 1,100

3: Calculate the weighted average cost per unit.

Weighted Average Cost per Unit = Total Cost / Total Units

Weighted Average Cost per Unit = $8,070 / 1,100 = $7.34 (rounded to two decimal places)

4: Calculate the cost of the ending inventory.

Cost of Ending Inventory = Units in Ending Inventory × Weighted Average Cost per Unit

Cost of Ending Inventory = 100 × $7.34 = $734

Cost of Goods Sold:

To calculate the cost of goods sold, we need to subtract the cost of the ending inventory from the total cost of goods available for sale.

1: Calculate the cost of goods sold.

Cost of Goods Sold = Total Cost of Goods Available for Sale - Cost of Ending Inventory

Cost of Goods Sold = $8,070 - $734 = $7,336

Therefore, the cost of the ending inventory using the average-cost method is $734, and the cost of goods sold is $7,336.

Wildhorse Co.: Owners' Equity Section

1: Calculate Nancy Payne's ending capital balance.

Ending Capital Balance (Nancy Payne) = Beginning Capital Balance (Nancy Payne) + Net Income - Drawings (Nancy Payne)

Ending Capital Balance (Nancy Payne) = $15,000 + $26,100 - $9,000 = $32,100

2: Calculate Ann Dody's ending capital balance.

Ending Capital Balance (Ann Dody) = Beginning Capital Balance (Ann Dody) + Net Income - Drawings (Ann Dody)

Ending Capital Balance (Ann Dody) = $21,200 + $26,100 - $4,400 = $42,900

3: Prepare the owners' equity section of the balance sheet.

WILDHORSE CO. Partial Balance Sheet

Owners' Equity:

Nancy Payne's Capital: $32,100

Ann Dody's Capital: $42,900

Total Owners' Equity: $75,000 (equal to the sum of Nancy Payne's and Ann Dody's capital balances)

Pronghorn Co.: Journal Entries

Date        Account Titles and Explanation      Debit      Credit

----------------------------------------------------------------------------

Mar. 2       Legal Expenses (or Professional Fees)       $29,200

                      Common Stock ($5 par value)                     $24,500

                      Paid-in Capital in Excess of Par Value         $4,700

June 12     Cash                                                            $403,500

                      Common Stock ($5 par value)                     $319,000

                      Paid-in Capital in Excess of Par Value       $84,500

July 11      Cash                                                             $339,500

                      Preferred Stock ($100 par value)                  $242,500

                      Paid-in Capital in Excess of Par Value         $97,000

Nov. 28    Treasury Stock                                                       $79,500

                      Cash                                                              $79,500

Note: The above journal entries reflect the transactions in chronological order as provided in the

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Over the past year, total factor productivity (TFP) grew 0.025, capital grew 1.5%, and labor grew 0.015. If the elasticities of output with respect to capital and labor add to 1, how much did output grow? (The growth rate of output is the sum of i) the growth rate of TFP, ii) the product of capital's share of output and capital growth, and iii) the product of labor's share of output times labor growth.)

Answers

5The output has grown by 4.375%.

Total factor productivity (TFP) growth = 0.025Capital growth = 1.5%Labor growth = 0.015The elasticity of output with respect to capital and labor add to 1.

The formula to find the growth rate of output is given as: Growth rate of output = Growth rate of TFP + (Capital share of output x Capital growth rate) + (Labor share of output x Labor growth rate)We are given that the elasticity of output with respect to capital and labor add to 1. That means the share of capital plus the share of labor equals 1. Using this information, we can determine the share of output that each factor contributes to the total output.

Capital share of output = 1 - Labor share of output Capital share of output = 1 - 0.5 (given)Labor share of output = 0.5

Now we can substitute these values in the formula and find the growth rate of output: Growth rate of output = 0.025 + (0.5 x 0.015 x 1.5) + (0.5 x 0.015 x 1)Growth rate of output = 0.025 + 0.01125 + 0.0075Growth rate of output = 0.04375 = 4.375%.

Therefore, the output has grown by 4.375%. Hence, the answer is 4.375%.

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Do the following event lead to an increase of decreare in she equalbrium price of ahledic ahoes, oher things equal. 1. There are advances in the eechnology involved in the manufacturing of athletic ahoes 2. Household income has been rising in the laut 5 years 3. The cost of platic tias decreased significantly A. Increaved B. Decreased

Answers

Based on the information provided, let's analyze each event and its impact on the equilibrium price of athletic shoes:

1. Advances in technology involved in the manufacturing of athletic shoes: When there are advances in technology, it generally leads to increased efficiency in production. This can result in lower manufacturing costs for athletic shoes. With lower costs, sellers may be able to offer athletic shoes at a lower price without sacrificing their profit margins. Therefore, this event suggests that the equilibrium price of athletic shoes may decrease. So, the answer is B. Decreased.

2. Rising household income in the last 5 years: When household income increases, consumers tend to have more purchasing power. This can lead to increased demand for goods, including athletic shoes. As the demand for athletic shoes increases, sellers may choose to increase the price to maximize their profits. Therefore, this event suggests that the equilibrium price of athletic shoes may increase. So, the answer is A. Increased.

3. Decreased cost of plastic ties: If the cost of plastic ties, which are used in the production of athletic shoes, decreases significantly, it can lead to lower production costs for manufacturers. This reduction in costs may allow sellers to lower the price of athletic shoes without affecting their profit margins. Therefore, this event suggests that the equilibrium price of athletic shoes may decrease. So, the answer is B. Decreased.

In summary, the events of advances in technology and decreased cost of plastic ties both suggest a decrease in the equilibrium price of athletic shoes. However, the event of rising household income indicates an increase in the equilibrium price. Therefore, the answer is inconclusive as the effects of these events may counterbalance each other.

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Barbur, Inc. reported net income of $10.5625 million. During the year the average number of common shares outstanding was 3.25 million. The price of a share of common stock at the end of the year was $5. There were 500,000 shares of preferred stock outstanding on average and no dividends were declared and the preferred stock is noncumulative. The EPS is approximately Multiple Choice $3.11 $0 31 $325 $301

Answers

The EPS is $3.11 (approximately) per share. So, the answer is option A.

The EPS (Earnings per share) is calculated as follows:

EPS = Net Income / Average number of common shares outstanding

The given data are:

Net income = $10.5625 million

Average number of common shares outstanding = 3.25 million

Price of a share of common stock at the end of the year = $5Average number of preferred stock outstanding = 500,000

No dividends were declared, and the preferred stock is noncumulative.

Therefore, the EPS is calculated as follows:

EPS = Net Income / Average number of common shares outstanding= $10.5625 million / 3.25 million= $3.25 per share

Therefore, the EPS is $3.11 (approximately) per share. Option A. $3.11 is the correct answer.

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1. The behavioral concept of Organizational Citizenship is envisioned to apply
employees to leave personal problems outside the workplace.
Using the Interactionist Perspective, illustrate the confusion of the above
statement - that one can leave personal problems out of the workplace by applying Herzberg’s theory.
(10 marks)
2. By using the Two Factor Theory (also known as Herzberg’s motivation-cleanliness
theory) - suggest better ways how business organizations can cope
inevitable and negative effects of personal problems lingering in
workplace. (10 marks)

Answers

The statement that employees can leave personal problems outside the workplace by applying Herzberg's theory creates confusion when viewed through the Interactionist Perspective.

The Interactionist Perspective emphasizes the interplay between individuals and their environment, suggesting that personal problems cannot simply be left behind but can have an impact on the workplace. Herzberg's theory, on the other hand, focuses on job satisfaction and motivation factors.

According to Herzberg's theory, there are two sets of factors that affect employee motivation and job satisfaction: hygiene factors (also known as cleanliness factors) and motivators. Hygiene factors include aspects such as salary, working conditions, company policies, and interpersonal relationships, while motivators include factors like recognition, achievement, responsibility, and growth opportunities.

In the context of personal problems, the Interactionist Perspective suggests that employees' personal lives and experiences can influence their perceptions, attitudes, and behaviors at work. Personal problems, such as health issues, family conflicts, or financial difficulties, can significantly impact an individual's well-being and, consequently, their job performance and satisfaction. Even if an employee tries to compartmentalize their personal problems, the effects can spill over into the workplace, leading to decreased motivation, increased stress, and reduced productivity.

Therefore, the confusion arises when assuming that Herzberg's theory alone can completely separate personal problems from the workplace. While job-related factors play a role in employee motivation and satisfaction, personal problems cannot be entirely disregarded or left outside the workplace, as they can have a significant impact on employees' well-being and overall performance.

To cope with the inevitable and negative effects of personal problems lingering in the workplace, business organizations can utilize the Two Factor Theory (Herzberg's motivation-cleanliness theory) to implement strategies that address both hygiene factors and motivators. Here are some suggestions:

a) Provide support programs: Implement employee assistance programs (EAPs) or counseling services to offer support and resources for employees facing personal problems. These programs can provide guidance, therapy, or financial advice to help employees manage and overcome their challenges.

b) Flexible work arrangements: Offer flexible work schedules, remote work options, or reduced hours for employees dealing with personal problems. This can allow them to better manage their personal responsibilities while still fulfilling their work obligations.

c) Encourage open communication: Foster a supportive and understanding work environment where employees feel comfortable discussing their personal challenges. Encourage managers and supervisors to have regular check-ins with their team members to address any concerns or issues they might be facing.

d) Recognition and rewards: Implement a system that recognizes and rewards employees' efforts and achievements, providing motivation and a sense of accomplishment. This can help counterbalance the negative effects of personal problems by creating a positive and motivating work environment.

e) Professional development opportunities: Provide opportunities for growth, learning, and skill development. Offering training programs or career advancement prospects can boost employees' motivation and provide a sense of purpose and progression, helping them cope with personal challenges.

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Beach Houses Unlimited

Background

Linda Mohr and Tracy Gaines launched Beach Houses Unlimited (BHU) on the Web three years ago. As mothers of small children, they were interested in a home business that would allow time at their favorite summer activity — the Beach! Several years of experience in renting beach houses resulted in the creation of a small business that currently manages rentals for 12 houses along the southern New Jersey beaches. With some guidance from friends, Linda created a basic Web site that details the properties. The Web site includes photos of the properties, rates, and availability as well as the Beach Houses Unlimited telephone number.

Linda keeps the Web site up-to-date on a weekly basis off season and on a daily basis peak season.

Tracy managed the financial and logistical sides of the business. She maintained a simple spreadsheet to keep track of numerous activities associated with business operations. For each property, scheduling cleaning crews, arrivals and departures, and showing the properties needed to be recorded. The spreadsheet also was used to keep track of preparation, delivery and follow-up of rental contracts, and the collection of deposit and balance checks. After checkout, records tracking inspection and cleaning of properties were kept and used to determine the disposition of security deposits.

After last summer ended and school was back in session, Tracy and Linda met over coffee.

Linda: Another summer gone, rentals will be over in October. This was a tough year! I am exhausted! I know there has to be a better way to make this work.

Tracy: I don’t know. The spreadsheet is working alright. I guess, sometimes, that I wish I didn’t have to re-enter information over and over again. Maybe I should look into transferring the data over to an accounting program or a database program. I guess they are a better way to go.

Linda: I think that we have enough experience now that we should be able to tap into our existing customer base and get rentals set up now for next year. If we rent to existing customers, then we can eliminate the step of showing the properties, or at least reduce the amount of time and effort that we have been putting into the showings.

Tracy: If we change over to a database, I should be able to run a report that would show you which customers have rented which property and when, and which properties are the easier ones to rent.

Linda: Really? That would be great. Is there any chance we could use the database to generate the contracts? That is another hassle that we deal with.

Tracy: I am sure there is.

Linda: I wonder if there are other software programs that will help us be more efficient. I will do some research on the Web. Perhaps we can make better use of the Web site, too. Maybe start using email as a way to communicate with the customers and owners.

Tracy: The owners. Don’t remind me! I still have my recap reports to do. I have already convinced myself to look into a database or accounting program. I am swamped with this work. You know, we really need to speak to the owners about maintenance issues too. No one seems to use the same carpenters, AC repair techs, or any other maintenance workers, and the renters just call us instead of referring to the maintenance call instructions for the beach house they are staying in. It really would make sense for us to handle maintenance calls for all the houses. It would be great to be able to track some of the maintenance issues we deal with, so we can start thinking about how to make maintenance calls a less cumbersome, time-consuming process.

Assignment

Create 10 user stories for the above scenario.

Then Create a hypothetical Product backlog ordering the functionality expressed in the user stories prioritizing ‘core functionality’ and then moving to ‘nice-to-have’ functionality. Due via DropBox in iLearn.


As a , I want , so that

Answers

Beach Houses Unlimited (BHU) has identified several user stories that capture the needs and requirements of different stakeholders involved in the rental property industry.

For rental property owners, the ability to list their properties with BHU is crucial as it enables them to make their properties available to potential renters. This increases their chances of attracting customers and generating rental income.

Additionally, rental property owners want to receive notifications when their properties are booked, as it allows them to track availability and manage their properties effectively.

On the other hand, renters have specific needs when searching for properties. They want to be able to view photos of BHU properties to assess their suitability and determine if they meet their requirements.

Availability is another important aspect for renters, as they need to know which properties are available for their preferred dates. Furthermore, having access to the rates of BHU properties enables renters to compare options and select properties that fit within their budgets.

Finally, the ability to book properties securely and conveniently is essential for renters to secure their preferred dates and make their reservations.

BHU staff members also have their own set of requirements.

They want to be able to generate contracts for renters efficiently, reducing the time and effort involved in managing contracts. The ability to track maintenance issues for each property is also important for staff members, as it allows them to improve maintenance processes and handle maintenance requests more efficiently.

Effective communication with renters and owners via email is another important aspect that can enhance the overall experience. Lastly, generating reports on renters and properties enables BHU staff members to gain insights into rental processes, identify trends, and make data-driven improvements.

In prioritizing the product backlog, the core functionality of BHU should focus on enabling property owners to list their properties, allowing renters to view photos, check availability, view rates, and book properties.

These features form the foundation of the rental process. Once these core functionalities are implemented successfully, the remaining items in the backlog, such as contract generation, email communication, maintenance issue tracking, and reporting functionality, can be prioritized and developed as additional features to further enhance BHU's services.

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help with this please!
Following are the transactions of JonesSpa Corporation, for the month of January a. Borrowed $28,500 from a local bank; the loan is due in 9 months. b. Lent $7,500 to an affiliate; accepted a note due

Answers

Here are the journal entries for the transactions of JonesSpa Corporation:

a. Borrowed $28,500 from a local bank; the loan is due in 9 months.

Debit Cash: $28,500

Credit Notes Payable: $28,500

b. Lent $7,500 to an affiliate; accepted a note due.

Debit Notes Receivable: $7,500

Credit Cash: $7,500

In transaction (a), JonesSpa Corporation borrowed money from a local bank and increased its cash balance by $28,500. At the same time, it created a liability account called "Notes Payable" in the same amount, which represents the amount that the company owes to the bank.

In transaction (b), JonesSpa Corporation lent money to an affiliate and received a promissory note worth $7,500. The company recorded this as an increase in its notes receivable account, which represents the amount that the affiliate owes to JonesSpa Corporation. At the same time, the company also increased its cash balance by $7,500, representing the funds received from the affiliate.

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Between Publix and Walmart, which one would want to get more value from the Value chain process of Human Resources? Walmart would want to get more value from the human resources function because they want reduce cost. Publix would want to get more value from the Human resources function because they want their employees to provide strong service to their customers. Walmart would want to get more value from the Human resources function because they want their employees to provide strong service to their customers. Publix would want to get more value from the human resources function because they want to emphasize flexibility in their people to perform all different: kinds of functions in order to reduce cost

Answers

Publix would want to get more value from the Human resources function because they want their employees to provide strong service to their customers.

Publix, as a grocery company, focuses on providing excellent customer service. They prioritize customer satisfaction and aim to create a positive shopping experience. To achieve this, they would emphasize the value of their Human resources function. By investing in training, development, and employee engagement, Publix aims to have well-trained and motivated staff who can deliver exceptional service to customers. They recognize that the human element plays a crucial role in customer satisfaction and loyalty. Therefore, Publix would prioritize getting more value from their Human resources function to support their customer-centric approach.

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Your boss has tasked you with developing an executive memo on ethics and professional conduct. She asks you to compare the company's code with PMI's Code of Ethics and Professional Conduct. 2-page, double spaced. [If you work for a company, you are NOT required to use your company's code. Instead, search online and find one, then use it as a substitute for this assignment.]

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When writing an executive memo on ethics and professional conduct, to compare the company's code with PMI's Code of Ethics and Professional Conduct. What is an executive memo? An executive memo is a formal document used in business to communicate policies, company's status, or decisions.

It is usually written in a formal tone and addressed to the executives of a company, such as the CEO or other members of the board. An executive memo provides information that can be used to make business decisions, as well as making announcements of new policies or changes in the organization. to compare the company's code with PMI's Code of Ethics and Professional Conduct. Here are the steps to take in writing the executive memo: Introduction Begin by introducing the memo with a brief background on the importance of ethics and professional conduct in business. Provide a brief overview of the purpose of the memo and what you intend to cover.
Comparison of the company's code with PMI's Code of Ethics and Professional ConductThis is the main answer to the question, and the focus of the memo. Provide a detailed comparison of the two codes, highlighting the similarities and differences. Identify areas where the company's code aligns with PMI's code, and areas where they differ. You may also discuss areas where the company's code could be improved or updated to be more in line with PMI's code.
summarize the key points of the memo and reiterate the importance of ethics and professional conduct in business.
You may also provide recommendations for how the company can improve its code of ethics based on your comparison with PMI's code. References Include a list of references used in your research for the memo. This may include the company's code of ethics, PMI's Code of Ethics and Professional Conduct, and any other sources that you used in your comparison.

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