Strategic Goals and Objectives for HSBC (2023-2028) include Increase market share, Enhance customer satisfaction, Drive digital transformation etc.
Strategic Goals and Objectives for HSBC (2023-2028):
1. Goal: Increase market share and customer base.
- Objective 1: Acquire 1 million new customers by the end of 2025.
- Outcome Measure (KPI): Number of new customer accounts opened.
- Objective 2: Expand presence in emerging markets by opening 50 new branches by 2028.
- Outcome Measure (KPI): Number of new branch openings.
2. Goal: Enhance customer satisfaction and loyalty.
- Objective 1: Improve Net Promoter Score (NPS) by 10% annually.
- Outcome Measure (KPI): NPS score increase year-over-year.
- Objective 2: Achieve a customer retention rate of 90% by the end of 2024.
- Outcome Measure (KPI): Customer retention rate percentage.
3. Goal: Drive digital transformation and innovation.
- Objective 1: Launch a comprehensive mobile banking app with advanced features by Q2 2023.
- Outcome Measure (KPI): Number of app downloads and customer feedback.
- Objective 2: Increase digital adoption rate to 75% of customer transactions by 2026.
- Outcome Measure (KPI): Percentage of customer transactions conducted digitally.
4. Goal: Strengthen risk management and regulatory compliance.
- Objective 1: Reduce the number of compliance violations by 20% annually.
- Outcome Measure (KPI): Number of compliance violations reported.
- Objective 2: Achieve a risk-weighted assets (RWA) ratio of below 60% by the end of 2028.
- Outcome Measure (KPI): RWA ratio calculation.
5. Goal: Improve operational efficiency and cost-effectiveness.
- Objective 1: Implement process automation in 50% of back-office operations by 2025.
- Outcome Measure (KPI): Percentage of back-office operations automated.
- Objective 2: Reduce operational costs by 15% through optimization and streamlining by 2027.
- Outcome Measure (KPI): Cost savings achieved as a percentage of total operational costs.
6. Goal: Promote sustainable and responsible banking practices.
- Objective 1: Allocate 10% of annual lending portfolio to sustainable finance by 2024.
- Outcome Measure (KPI): Percentage of lending portfolio allocated to sustainable finance.
- Objective 2: Achieve carbon neutrality in operational activities by the end of 2026.
- Outcome Measure (KPI): Carbon emissions reduction and offsetting progress.
It is important to note that these goals and objectives are hypothetical examples based on the provided context of HSBC. The actual goals and objectives of HSBC or any other bank may vary based on their specific strategies, priorities, and market conditions.
To know more about HSBC, visit:
https://brainly.com/question/31844960#
#SPJ11
URGENT. can someone help wrote a dicussiom and explain more about each of these topics. "Microeconomics Eco201."
Transfer payments-welfare and social sercuirty. (500 words)
International trade (500 words)
International finance (500 words)
Global proverty (500 words)
Government payments to people or households known as "transfer payments" occur when neither commodities nor services are directly transferred. Welfare and social security are two essential elements of transfer payments.
Cross-border exchanges of products, services, and capital constitute international trade. It is important to the global economy because it makes specialization easier, fosters economic expansion, and gives customers access to a broader variety of goods.
The term "global poverty" describes a situation in which a sizable section of the world's population lacks access to needs including enough food, clean water, healthcare, education, and housing.
Financial activity and transactions that take place across nations and across boundaries are referred to as international finance. It includes domains like foreign exchange markets, global banking, and international investment.
Learn more about International trade, here:
https://brainly.com/question/15823129
#SPJ4
In terms of common M&A strategies, which of the following statements is false?
Select one:
a.
A product roll up is an inorganic strategy
b.
An oil refiner buying an oil field is an example of backward integration
c.
A electronics manufacturer purchasing a property development company is adopting a diversification strategy
d.
A geographic roll-up is a vertical strategy
e.
Smaller competitors merging to more effectively compete with a dominant market leader are adopting a defensive strategy
The false statement is: d. A geographic roll-up is a vertical strategy.
A geographic roll-up is not a vertical strategy but rather a horizontal strategy. In a geographic roll-up, a company acquires other businesses operating in different geographical regions, expanding its market presence and customer base. This strategy aims to achieve economies of scale, synergies, and increased market share by consolidating similar businesses in different locations.
Vertical strategies, on the other hand, involve the integration of different stages of the supply chain. Backward integration, as mentioned in statement b, is an example of a vertical strategy where a company acquires a supplier or a company in an earlier stage of the supply chain. This allows the acquirer to gain more control over its inputs and potentially reduce costs.
A product roll-up is an inorganic strategy. (True)
An oil refiner buying an oil field is an example of backward integration. (True)
An electronics manufacturer purchasing a property development company is adopting a diversification strategy. (True)
A geographic roll-up is a vertical strategy. (False)
Smaller competitors merging to more effectively compete with a dominant market leader are adopting a defensive strategy. (True)
Learn more about geographic ,visit:
https://brainly.com/question/31419989
#SPJ11
Which one of the following statements is TRUE?
a increased market segmentation and technological advances mandate long development cycles.
b Recent trends are for manufacturing firms not to involve operations until the final design stage has been reached.
c The process of concurrent engineering requires design engineers, manufacturing specialists, and marketers to work jointly in designing, a product and selecting a production process.
d Firms such as Ford and Honda found that the concept of concurrent engineering is not cost effective.
Statement C is true as concurrent engineering involves collaboration between design engineers, manufacturing specialists, and marketers in product design and process selection.
Concurrent engineering is an approach that emphasizes cross-functional collaboration and simultaneous development of a product and its manufacturing processes. It involves design engineers, manufacturing specialists, and marketers working together from the early stages of product development. This collaborative approach allows for better coordination, faster decision-making, and improved product quality. It ensures that all aspects, including design, manufacturing, and marketing considerations, are taken into account during the development process.
To know more about concurrent engineering, click here: brainly.com/question/4237375
#SPJ11
The controller for Culver Corporation has reached an agreement with Pronghorn Financing Ltd. to sell a large portion of Culver's past- due accounts receivable. Culver agrees to sell $1,850,000 of accounts receivable to Pronghorn with recourse. Culver's controller estimates that the fair value of Culver's liability to pay Pronghorn for uncollectible accounts is $166,000. Pronghorn will charge Culver 9% of the total receivables balance as a financing fee, and will withhold an initial amount of 10%. Calculate the net proceeds and the gain or loss on the disposal of receivables to Pronghorn Financing Ltd. Net proceeds $ 1683500 Loss on disposal of receivables $ 166500 Prepare the journal entry on the books of Culver Corporation to record the disposal of receivables to Pronghorn Financing Ltd. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Account Titles and Explanation Debit Credit Cash 1665000 Due from Factor 18500 Loss on Disposal of Receivables 166500 Accounts Receivable 1850000 Recourse Liability
The journal entry to record the disposal of receivables to Pronghorn Financing Ltd. on the books of Culver Corporation would be as follows:
Account Titles and Explanation Debit Credit
--------------------------------------------------------------
Cash $1,665,000
Due from Factor $18,500
Loss on Disposal of Receivables $166,500
Accounts Receivable $1,850,000
Recourse Liability $166,000
Note: The "Due from Factor" account represents the initial amount withheld by Pronghorn Financing Ltd. (10% of the total receivables balance).
learn more about journal entry here:
brainly.com/question/32199791
#SPJ11
Dunn, Inc: is a privately held fumiture manufacturer. For August 2017, Dunn had the following standards for one of its products, a wicker chair EX: (Click the icon to view the standards per chair) The following data were compiled regarding actual performance; actual output units (chairs) produced, 2, 100; square yards of input purchased and used, 6,000 , price per square yard, $5,70, direct manufacturing labor costs, $10,584; actual hours of input, 980, labor price per hour, $10.80 Read the requirements
Requirements 1. Show computations of price and efficiency variances for direct materials and direct manufacturing labor. Give a plausible explanation of why each variance occurred. 2. Suppose 8,500 square yards of materials were purchased (at $5.70 per square yard), even though only 6,000 square yards were used. Suppose further that variances are identified at their most timely control point, accordingly, direct materials price variances are isolated and traced at the time of purchase to the purchasing department rather than to the production department. Compute the price and efficiency variances under this approach.
1. The price variance is -$850 and efficiency variance is $0 for direct material. On the other hand, for direct manufacturing labor the price and efficiency variance will be $294 and $367.50, respectively.
2. As per new approach, price and efficiency variances for direct materials are -$850 and $0, respectively.
1. Computation of price and efficiency variances for direct materials and direct manufacturing labor
The direct materials and direct manufacturing labor variances can be calculated using the following formulas:
Price variance = AQ (AP - SP)
Efficiency variance = SP (AQ - SQ)
Where:
AQ = actual quantity purchased or used
AP = actual price paid
SP = standard price
SQ = standard quantity allowed for actual output
Direct Materials Variances
Price Variance = AQ (AP - SP)
= 8,500 ($5.70 - $5.80)
= -$850
The negative variance indicates that the actual price paid for the materials was higher than the standard price, which could be due to a number of factors such as inflation, supplier quality, or negotiation.
Efficiency Variance = SP (AQ - SQ)
= $5.80 (6,000 - 6,000)
= $0
The zero variance indicates that the actual quantity of materials used was equal to the standard quantity allowed for the actual output.
Direct Manufacturing Labor Variances
Price Variance = AH (AR - SR)
= 980 ($10.80 - $10.50)
= $294
The positive variance indicates that the actual rate paid for labor was higher than the standard rate, which could be due to a number of factors such as overtime, premium pay, or contract renegotiation.
Efficiency Variance = SR (AH - SH)
= $10.50 (980 - 945)
= $367.50
The positive variance indicates that the actual hours of labor used were less than the standard hours allowed for the actual output, which could be due to factors such as worker efficiency, training, or quality control.
2. Computation of price and efficiency variances for direct materials under the new approach
Under the new approach, the direct materials price variances are isolated and traced at the time of purchase to the purchasing department rather than to the production department.
Price Variance = AQ (AP - SP)
= 8,500 ($5.70 - $5.80)
= -$850
The negative variance indicates that the actual price paid for the materials was higher than the standard price, which could be due to a number of factors such as inflation, supplier quality, or negotiation.
Efficiency Variance = 0
Since the variances are identified at their most timely control point, the actual quantity of materials used is not taken into account in the efficiency variance calculation. Therefore, the efficiency variance is zero in this case.
To know more about price and efficiency variance, visit https://brainly.com/question/18124949
#SPJ11
Attached is an abstract for an article that helps understand the role of the change agent. /content/enforced/12158-PG- 080- W21AL/lunenburg_fred_c._managing_ch ange_the_role_of_change_agent_ijmba_v 13_n1_2010.pdf Read the abstract and the reflect on a change experience you have been part of. Who was the change agent and what did they do. Use course material to help explain your perspective.
The abstract provided for the article, "Managing Change: The Role of the Change Agent," discusses the role of a change agent in implementing successful organizational change.
According to the article, a change agent is someone who has an understanding of the company's goals and vision, knowledge of the company's systems and culture, and the skills to implement change.The change agent's role is to provide direction, communicate the need for change, involve employees in the change process, and facilitate change in a way that is acceptable to all parties involved.
In my personal change experience, I have been part of a team that implemented a new customer relationship management (CRM) system in the company. The change agent in this situation was the project manager who helped us understand the need for the new system, provided us with training, and facilitated the implementation process.
The project manager also involved us in the decision-making process and ensured that the implementation was carried out smoothly. Through this experience, I learned that a change agent should be someone who has the ability to bring people together and facilitate change in a way that is effective and acceptable to all parties involved.
To know more about agent , refer to the link:
https://brainly.com/question/28325983#
#SPJ11
Your grandmother gives you $10,000 to be invested in one
of
three opportunities: real estate, regular bonds, or zero cou
pon bonds. If you invest the entire $10,000 in one of these
opportunities with
If you invest the entire $10,000 in one of the three opportunities (real estate, regular bonds, or zero coupon bonds), the choice will depend on various factors such as risk tolerance, investment goals, and market conditions. Here's a general overview of each option:
1. Real Estate: Investing in real estate involves purchasing properties with the intention of generating income or appreciation. It can be residential, commercial, or industrial properties. Real estate investments can provide rental income and potential capital appreciation. However, they also come with risks such as property market fluctuations, maintenance costs, and liquidity constraints.
2. Regular Bonds: Regular bonds are debt securities issued by governments, municipalities, or corporations. When you invest in regular bonds, you essentially lend money to the issuer in exchange for periodic interest payments and the return of the principal amount at maturity. Bonds generally offer fixed interest rates and have varying levels of risk depending on the issuer's creditworthiness. They are considered less risky than stocks but still carry certain risks such as interest rate changes and credit risk.
3. Zero Coupon Bonds: Zero coupon bonds are a type of bond that doesn't pay periodic interest. Instead, they are sold at a discount to their face value and provide a return through the appreciation of the bond's price over time. The return is realized when the bond reaches maturity and is redeemed at its face value. Zero coupon bonds are considered relatively safer than regular bonds as they have a fixed maturity date and known return. However, they still carry risks related to interest rate changes and credit risk of the issuer.
Ultimately, the best investment option for you depends on your individual circumstances and preferences. It's important to consider factors such as your investment horizon, risk tolerance, income requirements, and market conditions. You may also want to diversify your investments across different asset classes to spread the risk. Consulting with a financial advisor can help you make an informed decision based on your specific goals and risk profile.
To know more about investment visit:
https://brainly.com/question/29547577
#SPJ11
3. Pam Corporation owns 80 percent of Sun's common stock. During 2016, Pam sold Sun $750 of inventory on the same terms as sales made to third parties. Sun sold 100 percent of the inventory purchased
We can assume that Pam Corporation made an intercompany sale to Sun and that Sun resold the inventory to a third party. To record these transactions, the following journal entries would be made:
Intercompany sale from Pam to Sun:
Debit: Accounts Receivable - Sun $750
Credit: Sales $750
Cost of goods sold for inventory sold by Pam to Sun:
Debit: Cost of Goods Sold $______ (amount depends on the cost of the inventory sold)
Credit: Inventory $______ (same amount as above)
Sale of inventory from Sun to third party:
Debit: Accounts Receivable $_____ (amount of the sale)
Credit: Sales $_____ (same amount as above)
Cost of goods sold for inventory sold by Sun to third party:
Debit: Cost of Goods Sold $______ (amount depends on the cost of the inventory sold)
Credit: Inventory $______ (same amount as above)
Note that since Pam owns 80% of Sun's common stock, any profit or loss on the intercompany sale must be eliminated in consolidation. This is done by adjusting the beginning inventory balance for the portion of the intercompany sale still in Sun's ending inventory.
learn more about journal here
https://brainly.com/question/32420859
#SPJ11
6) A property was purchased at a price of $294268 at the beginning of the year. This property has a gross rental income of $58638 per annum and operating expenses of $12413 per annum. At the end of the year, the market value of this property increased by 8.91%. Calculate the composite return. (Please type your answer in decimals and round your answer to four decimal places. For example, 10.11% should be 0.1011.)
8) Assume that a block of three flats is purchased at a price of $797524 and provides security for a $206139 flat mortgage at an annual interest rate of 9.34%. This property has a gross rental income of $75520 and operating expenses of $15580 per annum. What is the return on equity invested in this property? (Please type your answer in decimals and round your answer to four decimal places. For example, 10.11% should be 0.1011.)
6 - The composite return is approximately 0.2459, or 24.59% when expressed as a percentage. 8- The return on equity invested in the property is approximately 0.1013, or 10.13% when expressed as a percentage.
To calculate the composite return, we need to consider both the rental income and the change in market value of the property. Rental Income:
The rental income for the year is $58,638. Operating Expenses: The operating expenses for the year are $12,413. Net Income: Net Income = Rental Income - Operating Expenses = $58,638 - $12,413 = $46,225
Change in Market Value: The market value of the property increased by 8.91%. To calculate the change in market value, we multiply the original value by the percentage increase: Change in Market Value = Original Value * Percentage Increase = $294,268 * 0.0891 = $26,228.92
Composite Return: Composite Return = (Net Income + Change in Market Value) / Original Value = ($46,225 + $26,228.92) / $294,268 = $72,453.92 / $294,268 = 0.2459
To calculate the return on equity invested in the property, we need to consider the net income and the equity invested. Net Income: Net Income = Gross Rental Income - Operating Expenses = $75,520 - $15,580 = $59,940
Equity Invested: Equity Invested = Purchase Price - Mortgage = $797,524 - $206,139 = $591,385 Return on Equity: Return on Equity = Net Income / Equity Invested = $59,940 / $591,385 = 0.1013
To know more about equity refer:
https://brainly.com/question/31458166
#SPJ11
use your own words and make your answer btween 300 words
1. What are the various properties of linear function? Discuss on linear programming problems?
2.. Discuss how sensitivity analysis is used in linear programs?
1. Properties of Linear Functions:Linear functions have several important properties that make them useful in mathematical modeling (.2.) Sensitivity Analysis:Sensitivity analysis is used in linear programming to determine how the optimal solution changes when the parameters of the problem are changed.
These properties are as follows:Domain and Range: The domain and range of a linear function are both sets of real numbers. The domain of a linear function is the set of all values of x for which the function is defined, while the range is the set of all values of y that the function can take on. Both the domain and range of a linear function are infinite.
Slope: The slope of a linear function is a measure of how steeply the function rises or falls. It is defined as the change in the y-value of the function divided by the change in the x-value of the function. The slope of a linear function is constant for all values of x.
Intercept: The y-intercept of a linear function is the value of y when x = 0. It represents the point at which the function crosses the y-axis. The x-intercept of a linear function is the value of x when y = 0. It represents the point at which the function crosses the x-axis.
Linear Programming Problems:Linear programming is a mathematical method used to optimize a problem where the objective function and the constraints are linear. Linear programming problems are of two types: maximization and minimization. In a maximization problem, the objective is to maximize a linear function, while in a minimization problem, the objective is to minimize a linear function.
In a linear programming problem, there are several variables that are subject to constraints. The constraints are linear equations or inequalities that limit the values that the variables can take on. The goal of linear programming is to find the optimal values of the variables that satisfy all the constraints while maximizing or minimizing the objective function.
2. Sensitivity Analysis:Sensitivity analysis is used in linear programming to determine how the optimal solution changes when the parameters of the problem are changed. The parameters may include the coefficients of the objective function and the constraints, as well as the right-hand side values of the constraints.
Sensitivity analysis can be used to answer several questions, such as:How sensitive is the optimal solution to changes in the parameters?How much can the value of the objective function change before a constraint is violated?What is the effect of adding or removing a constraint?
Sensitivity analysis involves changing the parameters of the problem and recalculating the optimal solution. By analyzing the changes in the objective function and the values of the variables, one can determine how sensitive the optimal solution is to changes in the parameters. This information can be used to make decisions about the problem, such as whether to adjust the parameters or whether to add or remove constraints.
To know more about Linear visit;
brainly.com/question/31510530
#SPJ11
Why is Bell successful in applying concepts of sustainability? 2. How Bell is serving the environment and society. 3. Explain the challenges that Bell has faced since its inception till today. 4. How geographical and cultural factors have changed with time for Bell. 5. Based on your understanding, summarize the case in your own words.
1. Bell is successful in applying concepts of sustainability because they strive to be an environmentally and socially responsible company.
2. Bell is serving the environment and society through various measures such as reducing greenhouse gas emissions, minimizing waste, and promoting sustainable transportation.
3. Bell has faced numerous challenges since its inception, including competition from other telecommunications companies, regulatory issues, and changing consumer demands.
4. Geographical and cultural factors have changed with time for Bell as they have expanded their operations both domestically and internationally.
5. Bell is a company that has demonstrated a commitment to sustainability and social responsibility.
1. This means that they consider the impact of their operations on the environment and society, and take steps to mitigate any negative effects while maximizing positive ones. They do this through a number of initiatives, including reducing energy consumption, minimizing waste, promoting sustainable transportation, and supporting local communities.
2. They have also invested in renewable energy sources, including wind and solar power, and have partnered with organizations like the World Wildlife Fund and the Canadian Mental Health Association to support environmental and social causes.
3. They have also faced criticism for their pricing practices and customer service, which has led to negative publicity and a loss of customer trust.
4. They have had to adapt to different legal and regulatory frameworks, as well as cultural norms and customer preferences in different regions.
5. They have taken concrete steps to minimize their impact on the environment and to support local communities, while also addressing various challenges along the way. Their success in these areas has made them a model for other companies to follow.
Learn more about the Environment:
https://brainly.com/question/24182291
#SPJ11
Example 5.3. An experiment on rabbits is designed by taking N = 20 identical rabbits. But rabbits start dying out before the experiment is completed. Let n be the effective final number. This sample size n has become a random quantity. n could be zero (all rabbits died out), n could be 1,2,... and could be N = 20 (no rabbit died). Let 0.1 be the probability of a rabbit dying and suppose that this probability is the same for all rabbits. Construct the probability law for n.
The probability law will be a discrete probability distribution of the binomial distribution with the above-calculated probabilities.
The given example is related to the binomial distribution since the probability of a rabbit dying is the same for all rabbits and the final number of rabbits alive can take on any value between 0 and 20 (assuming N=20 rabbits were selected).
Constructing the probability law for the given example:
Binomial distribution can be represented as,Bin (n,p)
Where,n = sample sizep = probability of success in one trialq = probability of failure in one trialq = 1 - pIn the given example,Probability of success (rabbit dying) = p = 0.1
Probability of failure (rabbit not dying) = q = 1 - 0.1 = 0.9
Sample size = n (can be any value between 0 to 20)
Therefore,The probability that all rabbits die = P (n = 0)P (n = 0) = C (n,0) pn q N- n = C (0,0) 0.1^0 0.9^20= 1*1*0.1216 = 0.1216
The probability that 1 rabbit is alive = P (n = 1)P (n = 1) = C (n,1) pn q N- n = C (20,1) 0.1^1 0.9^19= 20*0.1*0.1414 = 0.2828
Similarly, we can calculate the probabilities for n = 2,3,4.....,19,20 (all rabbits are alive).
Note: The sum of all the probabilities will be equal to 1 since there are no other possibilities, other than the ones mentioned. The probability of any other number of rabbits being alive other than the ones mentioned in the probability law is 0.
Therefore, the probability law will be a discrete probability distribution of the binomial distribution with the above-calculated probabilities.
Know more about probability here,
https://brainly.com/question/31828911
#SPJ11
1 2.5 points eBook References Champion Contractors completed the following transactions involving equipment. Year 1 January 1 Paid $250,000 cash plus $10,000 in sales tax and $1,900 in transportation (FOB shipping point) for a new loader. The loader is estimated to have a four-year life and a $25,000 salvage value. Loader costs are recorded in the Equipment account. January 3 Paid $6,000 to install air conditioning in the loader to enable operations under harsher conditions. This increased the estimated salvage value of the loader by another $1,800. December 31 Recorded annual straight-line depreciation on the loader. Year 2 Check my work January 1 Paid $4,100 to overhaul the loader's engine, which increased the loader's estimated useful life by two years. February 17 Paid $1,025 for minor repairs to the loader after the operator backed it into a tree. December 31 Recorded annual straight-line depreciation on the loader. Required: Prepare journal entries to record these transactions and events.
The journal entries follow the basic principle of double-entry bookkeeping, where each transaction is recorded with at least one debit and one credit entry to maintain the accounting equation (Assets = Liabilities + Equity).
Here are the journal entries to record the transactions and events related to the equipment:
Year 1:
January 1:
Equipment (Loader) $250,000
Sales Tax Payable $10,000
Transportation Expense $1,900
Cash $261,900
To record the purchase of the loader equipment, including sales tax and transportation costs.
January 3:
Equipment (Loader) $1,800
Accumulated Depreciation $1,800
To record the increase in the estimated salvage value of the loader due to installing air conditioning.
December 31:
Depreciation Expense $56,250
Accumulated Depreciation $56,250
To record annual straight-line depreciation on the loader for Year 1.
Year 2:
January 1:
Equipment (Loader) $4,100
Cash $4,100
To record the cost of overhauling the loader's engine, increasing its estimated useful life.
February 17:
Repairs and Maintenance Expense $1,025
Cash $1,025
To record the payment for minor repairs to the loader.
December 31:
Depreciation Expense $56,250
Accumulated Depreciation $56,250
To record annual straight-line depreciation on the loader for Year 2.
The journal entries follow the basic principle of double-entry bookkeeping, where each transaction is recorded with at least one debit and one credit entry to maintain the accounting equation (Assets = Liabilities + Equity). The entries reflect the specific events and their impact on the accounts involved.
By recording these journal entries, the company accurately reflects the acquisition, installation, repairs, and depreciation of the loader equipment, providing a comprehensive and organized record of these transactions and events.
To know more about Journal Entry, visit
brainly.com/question/20714023
#SPJ11
Which of the following would be considered a breach of the qualitative characteristic of faithful representation? Incorporating estimations in the measurement of assets. Disclosing information that could influence a decision. None of these would be considered a breach of the qualitative characteristic of faithful representation. Omitting the recognifion of transactions of insignificant dollar amounts.
Faithful representation refers to financial information that accurately represents the underlying transactions and events in a manner that is neutral, complete, and free from error.
A breach of the qualitative characteristic of faithful representation may occur if a company fails to incorporate the required information about the transactions and events. Thus, omitting the recognition of transactions of insignificant dollar amounts would be considered a breach of the qualitative characteristic of faithful representation.
The qualitative characteristics of accounting information are as follows:Relevance Faithful Disclosure of relevant information can be considered a breach of confidentiality, but it would not be considered a breach of the qualitative characteristic of faithful representation. However, if the information were not disclosed, this would result in a failure of completeness and be a breach of the qualitative characteristic of faithful representation.
Incorporating estimations in the measurement of assets may be appropriate since it may be necessary in some situations to estimate values that cannot be directly measured. Therefore, it would not be considered a breach of the qualitative characteristic of faithful representation. Answer: Omitting the recognition of transactions of insignificant dollar amounts.
To learn more about faithful representation, visit here
https://brainly.com/question/32249395
#SPJ11
Explain the interplay between The Ontario Consumer Protection
Act, 2002, the Sale of Goods Act and the common law of
contract.
The Ontario Consumer Protection Act, 2002, the Sale of Goods Act, and the common law of contract all play a role in protecting consumers' rights. In Canada, the Sale of Goods Act regulates contracts for the sale of goods, and the common law of contract provides a general framework for the enforcement of contracts.
The Ontario Consumer Protection Act, 2002, on the other hand, is designed to protect consumers from unfair business practices, such as deceptive advertising and unfair contract terms. The interplay between these three laws ensures that consumers are protected when buying goods or services in Ontario. The Sale of Goods Act specifies that all goods sold must be of acceptable quality, fit for their intended purpose, and as described. Consumers have the right to a refund or replacement if goods do not meet these requirements. Additionally, the Sale of Goods Act implies that a contract of sale contains terms that are necessary to protect the interests of the buyer and seller. The common law of contract, on the other hand, establishes the basic principles of contract law, such as offer, acceptance, consideration, and intention to create legal relations.
The Ontario Consumer Protection Act, 2002, prohibits businesses from using unfair business practices to take advantage of consumers. For example, the Act requires businesses to provide consumers with clear and concise information about their goods or services, including the price, any additional charges, and any restrictions or conditions. The Act also prohibits businesses from using deceptive or misleading advertising and from using unfair contract terms that are one-sided and unenforceable.Overall, the interplay between The Ontario Consumer Protection Act, 2002, the Sale of Goods Act, and the common law of contract ensures that consumers are protected from unfair business practices and that contracts are enforceable. This creates a fair and balanced marketplace that benefits both consumers and businesses.
to know more about buyer and seller visit:
brainly.com/question/28504861
#SPJ11
In cell J2, insert an IF function that calculates the value for Net Income as follows: a. If the Possible Discount (H2) is equal to " Y ", i) (true) The gross income is the (Profit per Unit-Discount) multiplied by the Quantity (G2−$J$9)∗I2 ii) (false) Or else, the gross income is the Profit per Unit multiplied by the Quantity. b. Use the fill handle to copy this formula down to row 7. c. Format the cells in J2: J7 to Currency Number Format with 2 decimal places NOTE: Verify function result with the image in step 48 below
The IF function calculates Net Income based on the presence or absence of a discount is : =IF(H2="Y", (G2-$J$9)I2, G2I2).
In cell J2, we use the IF function to calculate the value for Net Income based on the Possible Discount (H2) : =IF(H2="Y", (G2-$J$9)I2, G2I2),
This formula checks if the Possible-Discount is equal to "Y".
If it is true, then the Net Income is calculated as the product of (Profit per Unit - Discount) and the Quantity. The Profit per Unit is represented by G2, the Discount is represented by $J$9, and the Quantity is represented by I2.
If the Possible Discount is not equal to "Y", the formula calculates the Net Income as the product of Profit per Unit and the Quantity. This IF function provides flexibility in calculating Net Income based on the presence or absence of a discount.
Learn more about Function here
https://brainly.com/question/28003610
#SPJ4
The given question is incomplete, the complete question is
In cell J2, insert an IF function that calculates the value for Net Income as follows:
If the Possible Discount (H2) is equal to " Y ",
(true) The gross income is the (Profit per Unit-Discount) multiplied by the Quantity (G2 - $J$9) × I2
(false) Or else, the gross income is the Profit per Unit multiplied by the Quantity.
please do it in 20 minutes please urgently... I'll
give you up thumb definitely
(a) Burger King has introduced new strategy by reducing the price of its Whopper by 75 percent if customers also purchased french fries and a soft drink. Nevertheless, the sales dropped within two wee
Burger King implemented a new strategy of reducing the price of its Whopper by 75 percent when purchased with fries and a soft drink, but sales declined within two weeks.
Burger King adopted a new pricing strategy by offering a substantial discount of 75 percent on their Whopper burger when customers also purchased a side of french fries and a soft drink. However, the sales of the Whopper declined within a short span of two weeks after implementing this strategy. The detailed explanation would explore potential reasons for this drop in sales, which could include factors such as customer preferences, market competition, price sensitivity, advertising effectiveness, or changes in consumer behavior. Further analysis would be required to determine whether the decline in sales was due to the pricing strategy itself or other external factors. Adjustments to the strategy, such as reevaluating the discount percentage or conducting consumer surveys to gather feedback, might be necessary to address the decline in sales and improve the overall performance of the promotion.
Learn more about Whopper : brainly.com/question/11453346
#SPJ11
Assume that the risk-free rate is 4% in the U.S. and 5& in the U.K.. The current exchange rate is 2 per pound. What is the arbitrage free futures price for a 1-year contract? Set up an arbitrage strategy and calculate the associated profits if the initial futures price were 2.01 per pound.
Arbitrage-free futures price for a 1 year contract = -0.0144 U.S. dollars.
To determine the arbitrage-free futures price for a 1-year contract, we need to consider the interest rate parity between the U.S. and the U.K.
The interest rate parity states that the difference in interest rates between two countries should be equal to the forward premium or discount on their exchange rate. In this case, we can use the following formula:
Forward premium/discount = (1 + foreign interest rate) / (1 + domestic interest rate) - 1
Given that the risk-free rate is 4% in the U.S. and 5% in the U.K., we can calculate the forward premium/discount as follows:
Forward premium/discount = (1 + 0.05) / (1 + 0.04) - 1
= 1.05 / 1.04 - 1
= 0.9615 - 1
= -0.0385
Since the forward premium/discount is negative (-0.0385), it indicates a forward discount.
Now, let's calculate the arbitrage-free futures price using the formula:
Futures price = Spot price * (1 + forward premium/discount)
= 2 * (1 + (-0.0385))
= 2 * 0.9615
= 1.923
Therefore, the arbitrage-free futures price for a 1-year contract would be 1.923 per pound.
To set up an arbitrage strategy, we can consider the scenario where the initial futures price is 2.01 per pound. Here's how we can calculate the associated profits:
Borrow in the U.S.: Borrow an amount in U.S. dollars equal to the spot price (2) for 1 year at the risk-free rate of 4%. This would result in a future value of 2 * (1 + 0.04) = 2.08 U.S. dollars.Convert to pounds: Convert the borrowed U.S. dollars to pounds at the spot rate of 2 per pound. This would give us 2.08 / 2 = 1.04 pounds.Enter into the futures contract: Sell the 1.04 pounds in the futures market at the initial futures price of 2.01 per pound. This would result in 1.04 * 2.01 = 2.0944 U.S. dollars.Repay the loan: Repay the initial loan in U.S. dollars with the proceeds from the futures contract. The profit would be the difference between the loan amount and the repayment amount, which is 2.08 - 2.0944 = -0.0144 U.S. dollars.Therefore, if the initial futures price were 2.01 per pound, the associated profits from the arbitrage strategy would be -0.0144 U.S. dollars.
To learn more about Arbitrage strategy, visit:
https://brainly.com/question/30480233
#SPJ11
benefits of having a long term relationship with employees?
elaborate 10 benfits
Long-term relationships are beneficial both in our personal and professional lives. When it comes to employment, long-term employee relationships have many benefits.
Here are 10 benefits of having a long-term relationship with employees:
1. Retention of Knowledge and Expertise: Long-term employees are more experienced and knowledgeable. They have more insight into the company and are often skilled at solving problems.
2. Lower Costs: Constantly recruiting and training new employees is expensive. Long-term employees require less supervision and have a lower cost of training.
3. Improved Quality of Work: Long-term employees are more dedicated to their work. They take pride in their work and are less likely to make mistakes.
4. Greater Loyalty: Long-term employees are more loyal to their employers. They are less likely to leave for a better opportunity.
5. Better Morale: Long-term employees are more invested in their company. They have a sense of pride in their work and in the success of the company.
6. Increased Productivity: Long-term employees are more productive. They have a better understanding of their role in the company and the impact of their work.
7. Higher Quality of Customer Service: Long-term employees have a deeper understanding of their customers. They are more skilled at resolving customer issues.
8. Improved Employee Relations: Long-term employees often have strong relationships with their colleagues. They work better as a team and are more willing to collaborate.
9. Reduced Turnover: Long-term employees are less likely to leave their jobs. This reduces the costs and disruptions associated with employee turnover.
10. Positive Brand Image: Long-term employees are a positive reflection of the company. Customers and stakeholders see long-term employees as a sign of stability and quality, which can improve the brand image.
To know more about long-term employee relationships visit:
https://brainly.com/question/14398510
#SPJ11
For this week, think about your ideal industry and place to work as a marketer and consider the products and services that this company may own. Describe two marketing strategies you would use in your prospective consumers’ alternative evaluation stage of their customer journey.
Artificial intelligence (AI) can add value to the customer journey. Explain how you could implement AI into your selected stage and why it would be beneficial in persuading your consumer.
By increasing sales, by improving customer satisfaction and by increasing brand awareness, are the strategies that can be used to improve marketing.
Here are two marketing strategies I would use in the alternative evaluation stage of the customer journey for a company that sells online furniture:
**Strategy 1: Use AI to personalize product recommendations.** AI can be used to track a customer's browsing history and purchase preferences, and then use this data to generate personalized product recommendations. This is a great way to help customers find the products they are most interested in, and it can also help to increase the chances of a sale.
**Strategy 2: Use AI to provide customer support.** AI can be used to create chatbots that can answer customer questions and provide support. This is a great way to provide 24/7 customer support, and it can also help to free up human customer service representatives to focus on more complex issues.
Here is how I would implement AI into these strategies:
**Strategy 1: Personalize product recommendations.** I would use a customer relationship management (CRM) system to track a customer's browsing history and purchase preferences. I would then use an AI-powered recommendation engine to generate personalized product recommendations. The recommendation engine would take into account the customer's past purchases, their browsing history, and their demographic information.
**Strategy 2: Provide customer support.** I would create a chatbot that is powered by AI. The chatbot would be able to answer customer questions about products, shipping, and returns. The chatbot would also be able to provide support for common issues, such as setting up a new account or troubleshooting a technical problem.
These two strategies would help to improve the customer experience during the alternative evaluation stage of the customer journey. By using AI to personalize product recommendations and provide customer support, I would be able to help customers find the products they are looking for and get the help they need. This would increase the chances of a sale and improve customer satisfaction.
* Increased sales: By using AI to personalize product recommendations, I would be able to help customers find the products they are most interested in. This would increase the chances of a sale.
* Improved customer satisfaction: By using AI to provide customer support, I would be able to provide 24/7 support and answer customer questions quickly and accurately. This would improve customer satisfaction.
* Increased brand awareness: By using AI to personalize product recommendations and provide customer support, I would be able to create a positive customer experience. This would increase brand awareness and encourage customers to do business with my company again in the future.
Learn more about customer satisfaction here:
brainly.com/question/32406737
#SPJ11
16)_____is any word, name, symbol or device used in business to identify and promote a product. Its counterpart is used in service industries. a) Trademark. b) Trade Secret. c) Patent. d) Copyright.
The correct option is a) Trademark, as it best represents a word, name, symbol, or device used to identify and promote a product in business.
A trademark is any word, name, symbol, or device used in business to identify and promote a product. It serves as a distinctive mark that distinguishes one company's products from those of others. Trademarks are typically associated with tangible goods and are used to build brand recognition and protect the company's intellectual property rights.
In contrast, in service industries, a similar concept known as a service mark is used. A service mark also serves to identify and promote services offered by a particular business, rather than tangible products. The main distinction between a trademark and a service mark lies in the nature of the goods or services they represent.
Trade secrets refer to confidential and proprietary information, such as formulas, processes, or customer lists, that provide a competitive advantage to a business. Patents protect inventions and grant exclusive rights to the inventor for a specified period. Copyrights safeguard original creative works, such as literary, artistic, or musical creations.
Therefore, in the given question, the correct option is a) Trademark, as it best represents a word, name, symbol, or device used to identify and promote a product in business.
Learn more about Trademark here
https://brainly.com/question/29993962
#SPJ11
What is the maturity value of a 5-year term deposit of $3693.31 at 2.3% compounded quarterly? How much interest did the deposit earn? D The maturity value of the term deposit is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) The amount of interest earned is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
The maturity value of a 5-year term deposit of $3693.31 at 2.3% compounded quarterly is approximately $4114.10. The deposit earns approximately $420.79 in interest.
To calculate the maturity value, we can use the formula for compound interest:
Maturity Value = Principal Amount × (1 + (Interest Rate / Number of Compounding Periods))^(Number of Compounding Periods × Number of Years)
Given:
Principal Amount (P) = $3693.31
Interest Rate (r) = 2.3% or 0.023
Number of Compounding Periods per year (n) = 4 (compounded quarterly)
Number of Years (t) = 5
Substituting these values into the formula, we get:
Maturity Value = $3693.31 × (1 + (0.023 / 4))^(4 × 5)
≈ $4114.10 (rounded to two decimal places)
To calculate the amount of interest earned, we subtract the principal amount from the maturity value:
Interest Earned = Maturity Value - Principal Amount
= $4114.10 - $3693.31
≈ $420.79 (rounded to two decimal places)
Therefore, the term deposit earns approximately $420.79 in interest.
Learn more about earns here: brainly.com/question/21219294
#SPJ11
In a period of rising prices, the inventory method which tends to give the highest reported inventory is A. FIFO. B. specific identification. C. weighted-average. D. moving average.
A. FIFO (First-In, First-Out) is the inventory system that has a tendency to provide the greatest reported inventory during a period of rising prices.
The inventory that is still available is based on the most recent, more expensive purchases since FIFO believes that the first products bought or created are also the first ones sold or utilised.
In a period of rising prices, the inventory method that tends to give the highest reported inventory is A. FIFO (First-In, First-Out).
FIFO assumes that the first items purchased or produced are the first ones sold or used, meaning that the inventory remaining is based on the most recent, higher-priced purchases. In a rising price environment, this method results in a higher reported inventory because the older, lower-priced items are assumed to have been sold or used first, leaving the higher-priced items in inventory.
To know more about inventory visit:
https://brainly.com/question/26533444
#SPJ11
In a period of rising prices, the inventory method that tends to give the highest reported inventory is the FIFO (First-In, First-Out) method (option a).
FIFO assumes that the first inventory items purchased are the first ones sold, while the ending inventory consists of the most recently purchased items.
Under rising prices, the earliest purchased inventory items are usually priced lower than the most recent ones. By assuming that the lower-cost items are sold first, FIFO results in a higher reported inventory value. This is because the cost of goods sold is based on the cost of the most recently purchased items, which are typically higher.
In contrast, specific identification and weighted-average methods distribute the cost of inventory items across all purchases, resulting in a more balanced approach. The moving average method recalculates the average cost of inventory after each purchase, but it does not specifically prioritize the earliest purchased items like FIFO does.
Therefore, in a period of rising prices, FIFO tends to yield the highest reported inventory value among the given inventory methods. The correct option is a.
To know more about inventory:
https://brainly.com/question/31146932
#SPJ11
Explain what you understand by the term "price discrimination" as a monopoly behavior; outline 3 types of price discrimination
b. Clearly distinguish between a monopoly and a monopolistic market structure
Price discrimination is when a monopoly charges different prices to different customers based on their willingness to pay. The three types are: first-degree (individualized pricing), second-degree (quantity discounts), and third-degree (segmented pricing). A monopoly has exclusive control over the market, while monopolistic competition has differentiated products and multiple sellers.
Price discrimination refers to the practice of a monopoly or dominant firm charging different prices to different customers for the same product or service, based on their willingness to pay. This strategy allows the firm to maximize its profits by capturing consumer surplus.
Three types of price discrimination are:
First-degree price discrimination (or perfect price discrimination): In this type, the monopolist charges each customer the maximum price they are willing to pay. This requires the firm to have perfect information about each customer's willingness to pay.Second-degree price discrimination: Here, the monopolist offers different pricing tiers or quantity discounts to encourage customers to purchase more. For example, a software company offers different versions of its product with varying features and prices.Third-degree price discrimination: In this type, the monopolist segments customers into different groups based on certain characteristics such as age, location, or income. Different prices are then set for each segment. An example is movie theaters charging lower prices for students or senior citizens.Distinguishing between a monopoly and a monopolistic market structure:
A monopoly is a market structure where there is a single seller with significant control over the supply of a product or service, giving them the ability to set prices and restrict competition. They have no close substitutes and can earn economic profits in the long run.A monopolistic market structure, on the other hand, refers to a market with many sellers but differentiated products. Each seller has a degree of market power due to product differentiation, but the competition is not as intense as in a perfectly competitive market. Sellers in a monopolistic market structure can earn positive economic profits in the short run but face some competition from similar products in the long runLearn more about Price discrimination: https://brainly.com/question/25565797
#SPJ11
One year ago Scully bought 200 shares of Hitchcock,Inc.at $34.50 per share.Today Scully decides to sell all of his shares at $35.07 per share.If Hitchcock,Inc.distributed $3:6l per-share-in-dividendsover the last year,what is-Scullys HPR-onHitchcock,Inc a.8.01% b.10.94% c.12.12% d.14.43%
The Scullys Holding Period Return on Hitchcock, Inc is 12.12%, hence option C is correct.
The return on an asset or portfolio throughout its whole holding term is known in finance as the holding period return.
The HPR measures the value change of a portfolio, asset, or investment over a specific time period.
Holding Period Return = (Selling Price + Dividend - Purchase Price) ÷ (Purchase Price)
Holding Period Return = ($35.07 + $3.61 - $34.50) ÷ $34.50
Holding Period Return = $4.18 ÷ $34.50
Holding Period Return = 12.12%
Thus, the Scullys Holding Period Return on Hitchcock, Inc is 12.12%.
Learn more about Holding Period Return, here:
https://brainly.com/question/32041051
#SPJ4
The 1999 Disinflation and Stabilization Program would operate on three main pillars: Which of the following is not one of them?
a) A tight fiscal policy that consists of increasing the primary surplus, realizing the structural reforms and speeding up the privatization.
b) An income policy in line with the targeted inflation.
c)Monetary and exchange rate policy actions which aim to provide a long-term perspective to the economic agents.
d. A tight financial policy to derail moteary policy choices made by private entrepreneurs.
d) A tight financial policy to derail monetary policy choices made by private entrepreneurs. The 1999 Disinflation and Stabilization Program did not include a pillar focused on derailing monetary policy choices made by private entrepreneurs.
Instead, it primarily focused on fiscal discipline, income policy, and monetary and exchange rate policy actions to address inflation and stabilize the economy.
The 1999 Disinflation and Stabilization Program did not include a pillar focused on implementing a tight financial policy to derail monetary policy choices made by private entrepreneurs. The program primarily emphasized three pillars: a tight fiscal policy, an income policy aligned with targeted inflation, and monetary and exchange rate policy actions aimed at providing a long-term perspective to economic agents. The program aimed to tackle high inflation and stabilize the economy through measures such as increasing the primary surplus, implementing structural reforms, accelerating privatization, and adopting appropriate monetary and exchange rate policies. However, actively derailing monetary policy choices made by private entrepreneurs was not part of the program's objectives.
The 1999 Disinflation and Stabilization Program did not include a pillar focused on derailing monetary policy choices made by private entrepreneurs. Instead, it primarily focused on fiscal discipline, income policy, and monetary and exchange rate policy actions to address inflation and stabilize the economy.
To know more about Disinflation, visit:- brainly.com/question/32568303
#SPJ11
The One Store is being acquired by Power Incorporated for $62,000 worth of Power Incorporated stock. The synergy of the acquisition is $4,300. The One Store has 2,700 shares of stock outstanding at a price of $22 a share. Power Incorporated has 10,400 shares of stock outstanding at a price of $31 a share. What is the post-merger value per share? [Note: Please provide your answers in two decimal places]
Given:-
The One Store is being acquired by Power Incorporated for $62,000 worth of Power Incorporated stock. The synergy of then acquisition is $4,300.
The One Store has 2,700 shares of stock outstanding at a price of $22 a share. Power Incorporated has 10,400 shares of stock outstanding at a price of $31 a share.
Formula used:- Post merger value per share = (Total value of Power Incorporated shares before merger + Total value of The One Store shares before merger + Synergy)/Total shares after merger Calculation:- Value of The One Store shares before merger = 2,700 × 22 = $59,400Value of Power Incorporated shares before merger = 10,400 × 31 = $3,22,400. Total value of Power Incorporated shares before merger = $3,22,400Total value of the One Store shares before merger = $59,400Synergy = $4,300 Total shares after merger = 10,400 + 2,700 = 13,100 Post merger value per share = (3,22,400 + 59,400 + 4,300)/13,100= 3,86,100/13,100= $29.47 (Approx).
Answer: The post-merger value per share is $29.47.
related to this answer :-
stock https://brainly.com/question/32082810
#SPJ11
The International Monetary System Multiple Choices 3.1 History of the International Monetary System 1) Under the gold standard of currency exchange that existed from 1879 to 1914, an ounce of gold cost $20.67 in U.S. dollars and £4.2474 in British pounds. Therefore, the exchange rate of pounds per dollar under this fixed exchange regime was A) £4.8665/$. B) £0.2055/$. C) always changing because the price of gold was always changing. D) unknown because there is not enough information to answer this question. 2) World War I caused the suspension of the gold standard for fixed international exchange rates because the war A) cost too much money. B) interrupted the free movement of gold. C) lasted too long. D) used gold as the main ingredient in armament plating. 3) The post WWII international monetary agreement that was developed in 1944 is known as the A) United Nations. B) League of Nations. C) Yalta Agreement. D) Bretton Woods Agreement. 4) Another name for the International Bank for Reconstruction and Development is A) the Recon Bank B) the European Monetary System C) the Marshall Plan D) the World Bank 5) The International Monetary Fund (IMF) A) in recent years has provided large loans to Russia, South Korea, and Brazil. B) was created as a result of the Bretton Woods Agreement. C) aids countries with balance of payment and exchange rate problems. D) is all of the above. 6) Which of the following led to the eventual demise of the fixed currency exchange rate regime worked out at Bretton Woods?
The exchange rate of pounds per dollar under the gold standard of currency exchange from 1879 to 1914 was 4.8665/ (Option A). This is calculated by dividing the pound price of gold (4.2474) by the dollar price of gold (20.67).
2) World War I caused the suspension of the gold standard for fixed international exchange rates because the war interrupted the free movement of gold (Option B). During the war, countries needed to use their gold reserves to finance the war efforts, leading to the suspension of the gold standard.
3) The post-WWII international monetary agreement developed in 1944 is known as the Bretton Woods Agreement (Option D). This agreement established the framework for the international monetary system and the establishment of institutions like the International Monetary Fund (IMF) and the World Bank.
4) Another name for the International Bank for Reconstruction and Development is the World Bank (Option D). The World Bank provides financial and technical assistance to developing countries for development projects.
5) The International Monetary Fund (IMF) was created as a result of the Bretton Woods Agreement (Option B). The IMF aids countries with balance of payment and exchange rate problems and has provided large loans to countries like Russia, South Korea, and Brazil in recent years (Option A).
6) The eventual demise of the fixed currency exchange rate regime worked out at Bretton Woods was caused by a combination of factors, including economic imbalances among countries, speculation against the U.S. dollar, and the inability of the U.S. to maintain the convertibility of the dollar to gold. These factors led to the collapse of the Bretton Woods system in the early 1970s and the transition to flexible exchange rates.
To know more about Development visit:
https://brainly.com/question/29659448
#SPJ11
Employee Wanda Trews was working in the manufacturing facility at Coves Industrial. The employees of Coves Industrial manufacture diesel engines for the airline industry. Wanda works on Line 3 in the facility and from time-to-time works on Line 7 as a relief worker to cover employee breaks.
Wanda was asked to leave Line 3 and provide break coverage on Line 7 for 2 hours on September 19, 2021. Earlier that day, there had been a mechanical difficulty with the stamping machine on Line 7. The maintenance team was able to get the machine working again but they call the manufacturer of the stamping machine as the machine doesn’t sound right and it clearly needs further maintenance.
When Wanda arrived at Line 7 to provide break coverage, she checks in with Line 7 supervisor Raoul Steves. Raoul advises that Wanda needs to manufacture 200 components during her 2 hours on Line 7 and to let him know if she needs any help. Raoul does not mention the earlier mechanical issue with the stamping machine on Line 7.
Wanda starts working on Line 7 and within the first 30 minutes of her work, she notices the stamping machine is making an odd noise. Suddenly the stamping machine comes down on Wanda’s thumb even though she did not engage the machine to stamp at that moment.
Wanda looks at her thumb which has been seriously injured and loses consciousness. Supervisor Raoul Steves walks past Line 7 and notices Wanda laying on the ground beside the stamping machine. Wanda has lost a substantial amount of blood. Raoul calls 9-1-1 and an ambulance arrives to transport Wanda to the local emergency department for medical treatment.
1. List the human, environmental and situational factors at play in this case study.Given is a decision payoff table and a Sub Decision Payoff Table. Use Minimax Regret as an evaluation criterion to evaluate alternatives.
Future Demand Alternatives Low Moderate High
Small Facility 41 37 36
Medium Facility 32 38 34
Large Facility -8 32 42
Alternatives Worst Regrets
Small Facility ?
Medium Facility ?
Large Facility ?
a) The worst regrets for alternative Small Facility is
b) The worst regrets for alternative Medium Facility is
c) The worst regrets for alternative Large Facility is
d) The best course of action or decision by using Minimax Regret is to select facility
The best course of action is to select the Medium Facility.
The decision payoff table provides the payoffs for each alternative based on different levels of future demand. The Minimax Regret criterion aims to minimize the maximum regret associated with each alternative. To determine the worst regrets for each facility, we need to identify the maximum regret for each future demand level.
For the Small Facility, the worst regrets are 41, 37, and 36. For the Medium Facility, the worst regrets are 32, 38, and 34. For the Large Facility, the worst regrets are -8, 32, and 42. Based on the Minimax Regret criterion, the facility with the lowest worst regrets is the Medium Facility, making it the best choice. This decision minimizes the potential regret associated with different levels of future demand.
Learn more about Minimax Regret analysis
brainly.com/question/31646226
#SPJ11
Current Attempt in Progress On April 7, 2021, Sheridan Company sold a $5500000, twenty-year, 7 percent bond issue for $5830000. Each $1000 bond has two detachable warrants, each of which permits the purchase of one share of the corporation's common stock for $30. The stock has a par value of $25 per share. Immediately after the sale of the bonds, the corporation's securities had the following market values: 7% bond without warrants Warrants Common stock Bonds Payable Premium on Bonds Payable $1007 What accounts should Sheridan credit to record the sale of the bonds? Paid-in Capital-Stock Warrants 20 28 $5500000 36190 222310 Bonds Payable Premium on Bonds Payable Paid-in Capital-Stock Warrants Bonds Payable Premium on Bonds Payable Bonds Payable Premium on Bonds Payable Paid-in Capital-Stock Warrants $5500000 218634 111366 $5500000 330000 $5500000 107268 222732 4
To record the sale of the bonds, Sheridan Company should credit the following accounts:
1. Bonds Payable: $5,500,000
This account represents the principal amount of the bonds issued. It is a liability account that reflects the company's obligation to repay the bondholders.
2. Premium on Bonds Payable: $330,000
This account represents the difference between the sale price of the bonds ($5,830,000) and the face value of the bonds ($5,500,000). It is a liability account that represents the premium or excess amount paid by investors to purchase the bonds.
3. Paid-in Capital-Stock Warrants: $222,732
This account represents the value attributed to the detachable warrants that were sold along with the bonds. It is an equity account that reflects the amount of capital contributed by investors specifically for the warrants.
Therefore, the correct answer is:
Bonds Payable: $5,500,000
Premium on Bonds Payable: $330,000
Paid-in Capital-Stock Warrants: $222,732
To know more about bonds click on below link:
brainly.com/question/30900930
#SPJ11