Performance Management at OG Construction case:
Robert and his wife Sania own OG Construction, a company that provides industrial and road construction services. Most frequently, their contracts involve building and maintaining roads to mine sites and forest service roads. Robert works in the business full-time; Sania has a full-time job at another company, but does all the book-keeping for OG Construction and knows all the employees very well. The staff at the company are good friends, have known each other for a long time, and they often spend evenings together socializing. 3 or four times a year, Robert brings them all to his cabin by a lake for a weekend; on these trips they fish, or, in the winter, ice fish and go sledding. The goal of the weekends is to have fun, develop friendships, and reward the employees for their hard work. Recently, OG Construction has had some recruitment challenges due to a shortage of skilled trades in the north. Robert has realized he needs to change his recruitment strategy, recruiting overseas, but Sania pointed out that he could also recruite locally if he was willing to hire and apprentice women and indiginous peoples. This would be a less expensive strategy than international recruitment, although it might take longer to train apprentices up to journeyman status. An added advantage of this strategy is that if he meets the federal government’s diversity standards for federal contractors, he could bid on federally funded projects. And if he increased the number of indigenous recruites, OG Construction might be more successful with their bids for work in and around First Nations territories. The one challenge to this plan is that his current workforce has almost no diversity. They are all caucasion men, born and raised in the Prince George area. They got along so well because they had so much in common – language, hobbies, favourite foods, and pop culture references. They could laugh at a joke without having to it to each other. Robert only recently learned that one of his employees is Metis, and that was because his wife had been concerned about one of his crewmembers using a racist term about an aboriginal woman. Sam hadn’t told anyone else at the company that he was Metis. Sania had also pointed out that Robert and his staff often used sexist language and had conversations with each other that might make a female employee uncomfortable. Increasing the cultural diversity of the workforce through international recruiting would also pose some challenges. Would someone from another country want to go to the cabin for a fishing weekend? Would he (or she!) even want to eat fish? Robert and Sania knew there would need to be some changes in order to make the new recruits feel safe, comfortable, and supported. He also knew that the friendships and camaraderie at work were really important to his team, and they’d be afraid of losing that feeling if they had to adjust the way they talked to each other or socialized. But he also believed that none of them was intentionally racist; they just said things without considering their impact on others. Robert and Sania wonder if they should implement a Diversity, Equity and Inclusion program. They don’t know whether they are effective at creating change, or what activites such a program should include. Based on the research you have completed on the effectiveness of these kinds of programs, Robert and Sania want your advice. Your paper should explain whether or not these programs work (support with evidence) and what elements, if any, you recommend that they adopt for OG Construction
requirement:
Write recommendations based on following points after reading the case above.
1) Survey employees
2) Diversity training
3) Identify employees to be role models or sponsors of the DEI program by sitting on a transformation committee 4) mention your DEI program in your job ads to attach new diverse recruits.
Link to your recommendations
- use simple language & active voice - Discuss your recommendations in the introduction & Conclusion. - Ensure your recommendations are supported by research. - Ensure your citations & signaling phrases meet APA standards and recruits.

In product terms, the large venue needed for the family reunion can be classified as a specialty good.

A specialty good refers to a product or service that is unique or specific to a particular customer segment and is not commonly available in the market. In this case, the venue is required for a specific event and caters to the specific needs of the Bautista family's reunion, making it a specialty good as it serves a specialized purpose for a particular customer group.

Learn more about specialty good here:

brainly.com/question/31000972

#SPJ11

Bank reconciliation at November 30:Cullumber Company Bank ReconciliationNovember 30, 2017 Cash balance per bank as of October 31$11,381Add: Deposits in transit$1,580Total$12,961.

Less: Outstanding cheques:$1,400#2470$850#2471$779#2472$527#2474$1,020 Total$4,576Adjusted cash balance per bank as of October 31$8,385 The adjusted cash balance per bank agreed with the cash balance per books at October 31. Hence, the cash balance per book for October 31 is $11,887.Additional information from the bank statement: EFT $2,440 - $10 interest = $2,430NSF $280 - $265 cheque from a customer, Pendray Holdings, in payment of its account, plus $15 processing feeLN $2,000 principal + $270 interest = $2,270 Cash records per book for November: Three errors were made by Cullumber Company, as follows: Cash payments: November 3, No. 2475, $1,641November 18, No. 2482, $595November 21, No. 2484, $800November 24, No. 2485, $980 Total $4,016 Cash receipts: November 3, $1,206November 7, $990November 12, $2,575November 17, $1,355November 20, $3,488November 24, $2,567November 27, $1,650November 28, $1,186November 30, $1,348

Total $16,365The adjusted bank balance per the bank statement on November 30 will be the total of the outstanding deposits and outstanding checks as of October 31, less any errors plus deposits made and less checks paid during November.Bank Statement as of November 30: Add: Deposits not recorded by the bank:$1,206November 27$1,650November 28$1,186November 30$1,348Total$5,390

To know more about Bank visit

https://brainly.com/question/33694758

#SPJ11

The project's internal rate of return (IRR) is approximately 16.91%. To calculate the project's internal rate of return (IRR), we need to find the discount rate that equates the present value of the project's cash flows to its initial cost.

Using the formula for present value of an annuity, we can calculate the present value of the cash flows:

PV = Cash Flow ×[tex][1 - (1 + Discount rate)^(-Number of periods)] / Discount rate[/tex]

Substituting the values into the formula:

PV = $180,000 ×[tex][1 - (1 + 0.14)^(-8)] / 0.14[/tex]

PV ≈ $693,679.79

Now, we need to find the discount rate that makes the present value equal to the initial cost of $800,000. We can use the trial-and-error method or financial software to find the approximate IRR.

Using trial-and-error, we can test different discount rates until the present value is close to the initial cost. By testing various discount rates, we find that a discount rate of approximately 16.91% makes the present value equal to $800,000.

Therefore, the project's internal rate of return (IRR) is approximately 16.91%.

Learn more about internal rate of return  here:

brainly.com/question/31870995

#SPJ11

BCR (profitability index) for the set of cash flows if rocc is 10% is 1.10. To compute the BCR (profitability index), we must first compute the present value of future cash flows using the following formula: Present value = Cash Flow / (1 + rocc) t

where, Cash Flow = cash inflow or outflow during the time period t = time period in which cash flow occurs rocc = cost of capital or required rate of return The present value of cash inflows can be calculated using the above formula and then these values can be used to calculate the BCR (profitability index). Here is the calculation :Time (years) Cash Flow Present Value (at 10%)0 -16,700 -16,700.001 9,700 8,818.1818 (9,700/(1+10%)^1)2 7,988 6,447.93 (7,988/(1+10%)^2)3 4,300 3,168.56 (4,300/(1+10%)^3)Total Present Value: $1,737.68BCR (Profitability Index) = PV of future cash flows / Initial investment= $1,737.68 / $16,700= 1.10 (rounded to two decimal places)Therefore, BCR (profitability index) for the set of cash flows if rocc is 10% is 1.10.

Learn more about profitability index here:

https://brainly.com/question/30641835

#SPJ11

As data becomes increasingly abundant and complex, machine learning and artificial intelligence will play an increasingly important role in helping investment managers make more informed investment decisions.

Investment management firms, such as hedge funds, mutual funds, and pension funds, are among the organizations that have invested heavily in machine learning (ML) and artificial intelligence (AI). In the investment management sector, machine learning and artificial intelligence are used in a variety of ways, including risk management, research, and trading. Machine learning algorithms can be used to analyze data, identify trends, and generate predictions in real time. This information can be used by investment managers to make more informed investment decisions. Machine learning and artificial intelligence are becoming increasingly popular in the investment management industry because they are capable of analyzing vast amounts of data more quickly and accurately than humans. As a result, machine learning and artificial intelligence can help investment managers identify market trends and investment opportunities that they may have missed otherwise. Investment managers can use machine learning algorithms to analyze and predict the performance of stocks, bonds, and other assets. This can help them optimize their portfolios and minimize their risk. Machine learning and artificial intelligence can also be used to predict market trends and anticipate changes in the economy, which can be used to make more informed investment decisions.

Overall, machine learning and artificial intelligence are becoming increasingly important in the investment management industry, and they are likely to become even more so in the future. As data becomes increasingly abundant and complex, machine learning and artificial intelligence will play an increasingly important role in helping investment managers make more informed investment decisions.

To know more about machine learning and artificial intelligence: https://brainly.com/question/30073417

#SPJ11

1. Buy call. A buy call option is a contract that gives the holder the right, but not the obligation, to buy a specific stock at a predetermined price (strike price) within a specified period. The premium is the cost of the option. To provide the strike price and premium, you would need to refer to the last price column in the options market.

2. Sell put. A sell put option is a contract that gives the holder the right, but not the obligation, to sell a specific stock at a predetermined price (strike price) within a specified period. The premium is the amount received for selling the option. Again, you would need to refer to the last price column for the strike price and premium.

3. Covered call. A covered call strategy involves selling a call option on a stock that the investor already owns. By doing so, the investor receives the premium for selling the call option. The current price of the stock is used as the purchase price. You would also need a strike price and premium for the call, which can be obtained from the options market.

4. Protective put. A protective put strategy involves buying a put option on a stock that the investor already owns. This put option acts as insurance against a decline in the stock price. The current price of the stock is used as the purchase price. You would also need a strike price and premium for the put, which can be obtained from the options market. Remember to consult the options market or a reliable financial platform for accurate strike prices and premiums.

Price is an exchange rate that can be equated with money or other goods for the benefits derived from an item or service for a person or group at a certain time and a certain place. The term price is used to give a financial value to a product or service. Types of Prices 1. Subjective price, namely the price set by someone's opinion or estimate. 2. The objective price (market price) is the price agreed between the buyer and the seller who sometimes makes an offer. 3. Cost of goods, namely the real value for the product.

Learn More About Price at https://brainly.com/question/29023044

#SPJ11

Calculation of units started and completed. Formula to compute the number of units completed = Units completed and transferred out of process – Units in ending WIP inventory During March, the following units were started and completed as follows.

Units started = Beginning WIP inventory + Units started during the month= 24,000 + 216,000= 240,000Units completed and transferred out of process= Units started – Ending WIP inventory= 240,000 – 19,500= 220,500Therefore, Alpa Ltd started and completed 240,000 and 220,500 units, respectively.

Calculation of equivalent units of production.Equivalent units of production can be calculated by using two methods: FIFO and Weighted average (WA).

To know more about inventory visit:-

https://brainly.com/question/15353169

#SPJ11

To calculate the amount of phantom profit that would result if the company used FIFO (First-In, First-Out) rather than LIFO (Last-In, First-Out), we need to compare the ending inventory value under the two methods.

Let's calculate the ending inventory value using the LIFO method first:

LIFO Ending Inventory Value = (Number of units remaining) * (Cost per unit)

LIFO Ending Inventory Value = 152 units * $8

LIFO Ending Inventory Value = $1,216

Now, let's calculate the ending inventory value using the FIFO method:

Under the FIFO method, we assume that the units purchased first are sold first. Therefore, the cost of the remaining units will be based on the cost of the last purchases.

Step 1: Calculate the cost of units sold:

Units sold = (Total units purchased) - (Units remaining)

Units sold = (84 units + 168 units + 116 units) - 152 units

Units sold = 316 units

Cost of units sold = (84 units * $6) + (168 units * $7) + (64 units * $8)

Cost of units sold = $504 + $1,176 + $512

Cost of units sold = $2,192

Step 2: Calculate the cost of the remaining units (ending inventory):

Ending Inventory Value = (Units remaining) * (Cost per unit)

Ending Inventory Value = 152 units * $8

Ending Inventory Value = $1,216

Now we can calculate the phantom profit:

Phantom Profit = LIFO Ending Inventory Value - FIFO Ending Inventory Value

Phantom Profit = $1,216 - $1,216

Phantom Profit = $0

Therefore, if the company used FIFO instead of LIFO, there would be no phantom profit as the ending inventory value would be the same under both methods.

To know more about inventory visit

https://brainly.com/question/33689138

#SPJ11

Understanding why unions may be resistive to efforts of measuring and tracking individual employee performance is crucial for operations management. Key Performance Indicators (KPIs) and performance measurement are essential for managing processes, productivity, and continuous improvement. However, in facilities where unions are present, there can be resistance towards individual performance tracking.

Unions, representing organized labor, may be resistive to efforts of measuring and tracking individual employee performance due to several reasons. Firstly, unions prioritize collective bargaining and collective welfare over individual performance. They advocate for fair treatment, job security, and equitable compensation for all employees rather than emphasizing individual productivity. The focus on individual performance measurement may create a perception of favoritism or unfair treatment, leading to friction between management and unions.

Secondly, unions often advocate for standardized job evaluation and pay systems. They believe in equal pay for equal work and resist measures that differentiate individual employees based on performance metrics. Individual performance measurement can be seen as a threat to job security and can lead to concerns about potential layoffs or downsizing based on performance rankings.

Additionally, unions may argue that individual performance measurement fails to consider external factors that can impact employee productivity. They advocate for a holistic view of performance, taking into account systemic issues, training opportunities, and resource allocation, rather than solely focusing on individual output. Unions may argue that the work environment and managerial practices play a significant role in shaping employee performance, and therefore, a narrow focus on individual metrics may overlook these factors.

Learn more about manager here : brainly.com/question/32150882

#SPJ11

1.) Dave from Office Barn offered a 6% discount, while Gina from Banks Hadley offered a 10% discount with payment terms.

2.) The outcome is uncertain. Paul may stick with Dave due to loyalty or switch to Gina for potential cost savings.

3.) A win/win could be achieved through negotiation, but there is also a potential win/lose outcome for the suppliers.

1.) Dave from Office Barn offered a 6% discount on the usual order for office supplies and consumables.

Gina from Banks Hadley offered a 10% discount if they signed a contract and paid for 50% of the products in advance. She also mentioned the possibility of setting up an account and using the company credit card.

2.) Based on the information provided, it is difficult to predict the exact outcome. However, several possibilities can be considered:

Paul may stick with his usual supplier, Dave from Office Barn, due to their established relationship and personal connection outside of work. Despite Gina's better offer, Paul's familiarity and loyalty to Dave might sway his decision.

Paul may consider the potential cost savings and benefits of Gina's offer. If the law firm is under financial constraints and Gina's offer provides a more significant discount and advantageous payment terms, Paul might be inclined to switch to Banks Hadley as the new supplier.

The partners of the law firm will need to review the options and make a decision. They may prioritize cost savings and efficiency over personal relationships, or they may value the established rapport with Dave and choose to continue working with Office Barn.

3.) In this scenario, a potential win/win situation could arise if Paul negotiates with both suppliers to find a compromise that benefits both his law firm and the suppliers. For example, he could try to negotiate a higher discount with Gina or explore whether Dave can match or improve upon Gina's offer. This way, the law firm saves money while still maintaining a positive business relationship.

However, there is also a potential win/lose situation, where one supplier emerges as the winner and the other as the loser. If Paul chooses Gina's offer, Dave loses the business from Janis, Barry, & Thompson. Conversely, if Paul sticks with Dave, Banks Hadley loses the opportunity to become the law firm's supplier. In this case, one supplier gains the business while the other loses out.

For more question on outcome visit:

https://brainly.com/question/32887588

#SPJ8

Emotional loyalty involves a deep, emotional connection between the customer and the brand, leading to long-term commitment and advocacy.

Barnes' Five Es of Customer Relationships framework emphasizes the importance of emotional loyalty in building strong customer relationships. The five Es include Emotion, Engagement, Empathy, Experience, and Equity. Emotional loyalty refers to the customer's emotional attachment to a brand or company, which goes beyond mere satisfaction with the product or service.

Functional loyalty, on the other hand, is based solely on the customer's repeat purchase behavior. It focuses on the customer's rational assessment of the product's functional benefits and convenience. While functional loyalty is important for short-term transactions, it does not create a strong foundation for a long-lasting customer relationship.

Emotional loyalty, driven by positive emotions such as trust, affection, and a sense of belonging, leads to a deeper level of customer engagement. Customers who are emotionally loyal are more likely to actively engage with the brand, seek out interactions, provide feedback, and promote the brand through word-of-mouth recommendations.

The emotional bond between the customer and the brand also enables empathy, as the company can better understand and address the customer's needs and concerns. This empathy fosters a personalized and tailored customer experience, further strengthening the emotional connection. Moreover, emotional loyalty contributes to the perception of equity, where customers feel valued and appreciated by the brand.

In conclusion, while functional loyalty focuses on transactional behavior, emotional loyalty delves deeper into the emotional connection between the customer and the brand. By nurturing emotional loyalty through the Five Es of Customer Relationships, companies can foster long-term commitment, advocacy, and mutual satisfaction, leading to a stronger customer relationship.

Learn more about customer experience here:

https://brainly.com/question/30283854

#SPJ11

After analyzing the given information, the firm's current liabilities amount to $450,000. If the only current assets shown on the balance sheet are Cash, Accounts Receivable, and Merchandise Inventory, then the firm has $600,000 in Merchandise Inventory. Collecting an accounts receivable of $300,000 would result in a new current ratio of 2.7 and a working capital of $1,200,000. Paying an accounts payable of $300,000 would lead to a new current ratio of 1.7 and a working capital of $600,000. Finally, selling inventory purchased for $150,000 at a cash price of $180,000 would result in a new acid-test ratio of 2.2.

To determine the firm's current liabilities, we can use the current ratio formula: Current Ratio = Current Assets / Current Liabilities. Given that the current ratio is 2.0 and the working capital is $900,000, we can solve for current liabilities. Rearranging the formula, Current Assets = Current Ratio * Current Liabilities, and substituting the known values, we have $900,000 = 2.0 * Current Liabilities. Solving for Current Liabilities, we find that the firm has $450,000 in current liabilities.

The acid-test ratio, also known as the quick ratio, excludes inventory from current assets. Since the acid-test ratio is 1.5, and the current ratio is 2.0, we can deduce that inventory is equal to the difference between the two ratios. Therefore, Merchandise Inventory = Current Ratio - Acid-Test Ratio. Substituting the values, we find that Merchandise Inventory is $600,000.

To calculate the new current ratio and working capital after collecting an accounts receivable of $300,000, we need to adjust the current assets and working capital. The new current assets would be the original current assets minus the collected accounts receivable, resulting in $600,000. The new current liabilities would remain the same at $450,000. Thus, the new current ratio is Current Assets / Current Liabilities = $600,000 / $450,000 = 1.33 (rounded to 1 decimal place). The new working capital would be the difference between the new current assets and current liabilities, amounting to $150,000. Therefore, the new current ratio is 1.3, and the working capital is $150,000.

Learn more about liabilities here;

https://brainly.com/question/14921529

#SPJ11

In this question, A2, D4, and D3 values are provided. We are required to determine whether it is possible to find the necessary values using the given sampling frequency and quantity of tablets or not.

The number of tablets in each sample will be halved, and the sampling frequency will be increased by 1.5x in this scenario. As a result, there are 5 / 2 = 2.5 tablets in each sample. In other words, the sample size is halved. Let us suppose that the sample standard deviation is S and that the sample size is n=30.

By definition, S = standard deviation of the population / sqrt (n), and we can rewrite it as follows: standard deviation of the population = S x sqrt(n).

If we plug in the given values for S and n, we get 0.00456 = S x sqrt(30). S = 0.00456 / sqrt(30) = 0.000832.

Learn more about standard deviation from the given link:

https://brainly.com/question/29115611

#SPJ11

(a) The invention of the miracle coating, which reduces machinery wear and tear, will have several effects on the steady-state levels of capital per worker, output per worker, and consumption per worker.

In the Solow model, steady state occurs when investment equals depreciation.

invention of the coating reduces depreciation, as machinery wears out at a slower rate. This means that for the same level of investment, the capital stock per worker will increase in the new steady state.

Graphically, this can be represented by a rightward shift of the capital per worker curve, indicating a higher level of capital per worker at the new steady state. As a result, output per worker will also increase, as more capital is available for each worker to use in production. Similarly, consumption per worker will also increase since higher output allows for more resources to be allocated for consumption.

(b) Before the innovation, the economy was at a steady state characterized by a certain level of capital per worker, output per worker, and consumption per worker. With the invention of the miracle coating, the economy will transition to a new steady state.

Initially, investment will be higher than depreciation as the economy adjusts to the increased capital stock. This will lead to a rise in output per worker. However, consumption per worker may not increase immediately, as some of the additional output will be used for investment to reach the new steady state.

Over time, investment and consumption will converge to their new steady-state levels. The path of investment per worker will decrease until it matches the new steady-state investment level, while consumption per worker will gradually increase until it reaches the new steady-state consumption level. Output per worker will continue to rise during this adjustment period until it stabilizes at the new steady state.

(c) The effect of the miracle coating on the Golden Rule level of capital per worker can be illustrated using a graph similar to Figure 7-8 in the Solow model. Initially, the Golden Rule level of capital per worker is determined by the intersection of the saving/investment curve and the depreciation curve.

After the introduction of the miracle coating, the depreciation curve will shift downward since the rate of machinery wear and tear has decreased. This will result in a new intersection between the saving/investment curve and the adjusted depreciation curve. The new steady-state level of capital per worker at the Golden Rule will be higher than before, reflecting the higher level of capital accumulation made possible by the innovation.

The graph will show a new Golden Rule level of capital per worker to the right of the original intersection point, indicating a higher optimal level of capital per worker due to the lower depreciation rate resulting from the miracle coating.

Learn more about economy here:

https://brainly.com/question/30131108

#SPJ11

If Susie earns $796,000 in taxable income and flees as head of household for year 2022, what is Susie's average tax rate: 41.27%. The answer is none of the answers are correct

Given information is that Susie earns $796,000 in taxable income and files as head of household for year 2022 and we have to determine Susie's average tax rate.

So, for that we need to use the tax rate schedule. Using the 2022 tax rate schedule for head of household, we can find the marginal tax rate by comparing Susie's taxable income with the ranges given below. Then, we can apply the appropriate rate to the taxable income within each range to find the amount of tax in each range. We add those amounts to get Susie's total tax amount, which we can then use to find her average tax rate.

The tax rate schedule for head of household is shown below:

Marginal Tax Rate             Taxable Income Range

12% $0–$9,950                   22% $9,951–$40,525

24% $40,526–$86,375       32% $86,376–$164,925

35% $164,926–$209,425   37%   $209,426 or more

We can see that Susie's taxable income of $796,000 falls into the last bracket (over $209,426). So we can find her tax as follows:

Tax at 32% = $209,425 × 32% = $67,016.00

Tax at 35% = ($164,926–$209,425) × 35% = $15,373.48

Tax at 37% = ($796,000 – $209,425 – $164,925) × 37% = $246,217.25

Total Tax = $67,016.00 + $15,373.48 + $246,217.25 = $328,606.73

Now, the average tax rate can be calculated as follows:

Average Tax Rate = Total Tax / Taxable Income

= $328,606.73 / $796,000= 0.4127 or 41.27%

Therefore, Susie's average tax rate is 41.27%.Option (None of the choices are correct) is the correct answer.

To know more about taxable income, refer here:

https://brainly.com/question/30617249#

#SPJ11

a. The present value of the free cash flows projected during the next 4 years is $24,809,364.

b. The firm's horizon value is $129,239,250.

c. The market value of the company's operations is $153,048,614.

d. An estimate of Brandtly's price per share is $10.20.

a. To calculate the present value of the free cash flows projected for the next 4 years, we need to discount each cash flow using the weighted average cost of capital (WACC) as the discount rate. The formula for present value is PV = CF1 / (1 + r)^1 + CF2 / (1 + r)^2 + CF3 / (1 + r)^3 + CF4 / (1 + r)^4, where CF represents the cash flow and r is the discount rate. Using the provided cash flows and a discount rate of 15%, the present value is calculated as $3,000,000 / (1 + 0.15)^1 + $5,000,000 / (1 + 0.15)^2 + $9,000,000 / (1 + 0.15)^3 + $13,000,000 / (1 + 0.15)^4 = $24,809,364.

b. The firm's horizon value represents the value of its free cash flows beyond the projected period, assuming a constant growth rate. It is calculated using the formula HV = CFn+1 / (r - g), where CFn+1 is the cash flow in the next period, r is the discount rate (WACC), and g is the growth rate. Here, the cash flow in the next period is $13,000,000, the discount rate is 15%, and the growth rate is 5%. Plugging in these values, the horizon value is $13,000,000 / (0.15 - 0.05) = $129,239,250.

c. The market value of the company's operations is the sum of the present value of the projected cash flows and the horizon value. Therefore, it is calculated as $24,809,364 + $129,239,250 = $153,048,614.

d. To estimate Brandtly's price per share, we divide the market value of the company's operations by the number of common shares outstanding. Given that there are 15 million shares of common stock, the estimated price per share is $153,048,614 / 15,000,000 = $10.20.

Learn more about present value

brainly.com/question/28304447

#SPJ11

The amount of short-term notes payable that should be excluded from current liabilities and classified as long-term liabilities on December 31, 2020, is: C.  $1,000,000

December 31, 2020, Salem Co. had $5,000,000 of short-term notes payable due on March 1, 2021. However, on December 23, 2020, they arranged to borrow up to $4,000,000 from Ahli Bank, of which $1,000,000 was provided in cash and used to liquidate 55,000,000 of the short-term notes payable.

Since the $1,000,000 borrowed from Ahli Bank is intended to repay a portion of the short-term notes payable, it should be excluded from current liabilities on December 31, 2020, and classified as a long-term liability.

Learn more about liabilities here:

https://brainly.com/question/30805836

#SPJ11

The required rate of return for Green Gadgets' stock is 12%.

The company cuts its dividend to $4, the price of its common stock would be expected to increase to $133.33 per share.

Green Gadgets should cut its dividend because cutting the dividend will increase the value of common stock.

$95 = $5.7 / (r - 0.06)

a) Required Rate of Return

Let's calculate this:

First, rearrange the equation to isolate r:

r = D1 / P + g

r = $5.7 / $95 + 0.06

r = 0.06 + 0.06

r = 0.12 or 12% (rounded to two decimal places)

So, the required rate of return for Green Gadgets' stock is 12%.

b. Expected Stock Price After Dividend Cut

P = D1 / (r - g)

P = $4 / (0.12 - 0.09)

P = $4 / 0.03

P = $133.33

Green Gadgets should cut its dividend because cutting the dividend will increase the value of common stock.

Read more on rate of return here https://brainly.com/question/1789817

#SPJ1

Sales Data Type - Sales by Location:

Industry: Retail

Company: Walmart

Example: Walmart collects sales data by location to analyze store performance, customer demographics, and trends. This helps them make strategic decisions on resource allocation, marketing strategies, and inventory management.

Sales Data Type - Sales by Location

Industry: Retail

Company: Walmart

Specific Example: Walmart collects sales data by location, tracking the sales performance of each of its stores across different regions. They analyze data on sales volumes, revenue, customer demographics, and other relevant metrics specific to each store's location.

Strategic Use: By collecting sales data by location, Walmart can identify high-performing stores and allocate resources accordingly. They can identify trends and patterns in customer preferences, adapt marketing strategies to target specific regions, and optimize inventory management based on demand patterns in different locations. This allows Walmart to make informed decisions regarding store expansion, product assortment, pricing, and promotions, resulting in improved operational efficiency and customer satisfaction.

Source: "How Walmart Uses Big Data to Drive Success," Retail Dive, 2018, https://www.retaildive.com/news/how-walmart-uses-big-data-to-drive-success/525072/

Sales Data Type - Sales by Product Line

Industry: Consumer Electronics

Company: Apple Inc.

Specific Example: Apple collects sales data by product line, tracking the sales performance of its various products such as iPhones, MacBooks, iPads, and Apple Watches. They analyze data on unit sales, revenue, market share, customer preferences, and product performance metrics.

Strategic Use: By analyzing sales data by product line, Apple can identify the popularity and demand for different products, allowing them to make strategic decisions regarding product development, marketing, and inventory management. They can allocate resources to high-demand products, identify opportunities for product innovation or improvement, and optimize pricing and promotional strategies for each product line. This data-driven approach helps Apple maintain its competitive edge in the consumer electronics market.

Source: "How Apple Uses Data to Drive Customer Loyalty and Sales," Analytics Insight, 2020, https://www.analyticsinsight.net/how-apple-uses-data-to-drive-customer-loyalty-and-sales/

Sales Data Type - Sales Representatives

Industry: Pharmaceutical

Company: Johnson & Johnson

Specific Example: Johnson & Johnson collects sales data specific to its sales representatives, tracking individual sales performance, customer interactions, territory coverage, and product promotion activities. They capture data on the number of sales visits, customer feedback, product samples distributed, and sales conversion rates.

Strategic Use: By analyzing sales data specific to sales representatives, Johnson & Johnson can evaluate the effectiveness of their salesforce, identify top-performing representatives, and assess the impact of their promotional activities. They can allocate resources, provide targeted training, and incentivize sales representatives based on data-driven insights, leading to improved sales performance, customer relationships, and market penetration.

Source: "Salesforce Effectiveness: Pharma's Secret Weapon," ZS Associates, 2019, https://www.zs.com/insights/sales-and-marketing/2019/salesforce-effectiveness-pharmas-secret-weapon

Learn more about inventory management here:

https://brainly.com/question/31852040

#SPJ11

The correct option is c. The amount will be split; Net income will be included in Retained Earnings and Other Comprehensive Income will be included in Accumulated Other Comprehensive Income.

Financial refers to a broad term that is again not very relevant to the question, but IFRS refers to the International Financial Reporting Standards, which is of utmost importance to understand the solution to the question.

When it comes to IFRS, it's important to note that net income (which is the profit or loss the company makes from its core business operations) is reported on the company's income statement. Whereas, comprehensive income includes all other gains and losses that the company may experience during the year, such as changes in the fair value of investment securities or foreign currency translation gains and losses.

If a company uses IFRS, it has to present comprehensive income in two sections:

Net Income which will be included in Retained Earnings. Other Comprehensive Income, which will be included in Accumulated Other Comprehensive Income.

Learn more about net income from this link:

https://brainly.com/question/28390284

#SPJ11

To calculate the effective annual cost of trade credit, we need to determine the annualized cost of forgoing the discount and taking the full credit period.

The credit terms are 2/10, net 85. This means that the customer can take a 2% discount if they pay within 10 days, or they can pay the full amount within 85 days.

To calculate the effective annual cost, we need to consider the cost of forgoing the discount and taking the full credit period. The formula to calculate the effective annual cost of trade credit is:

Effective Annual Cost = [(1 + (Discount % / (1 - Discount %)))^(365 / Credit Period) - 1] * 100

In this case, the discount percentage is 2% (0.02), and the credit period is 85 days.

Plugging in the values into the formula, we get:

Effective Annual Cost = [(1 + (0.02 / (1 - 0.02)))^(365 / 85) - 1] * 100

Calculating this equation gives us the effective annual cost of trade credit.

Learn more about annual cost  here:

https://brainly.com/question/15087238

#SPJ11

To calculate the yield to maturity (YTM) of a bond, we need to solve for the discount rate that equates the present value of the bond's future cash flows to its current market price. The correct answer is A. 12.88%

Face value (FV) = $1,000

Coupon rate (C) = 5.6% = 0.056

Coupon payment = FV × C = $1,000 × 0.056 = $56

Years to maturity (N) = 5

Current market price (P) = $861

Using a financial calculator or spreadsheet, we can calculate the YTM as follows:

P = (C / (1 + YTM)) + (C / (1 + YTM)^2) + ... + (C + FV) / (1 + YTM)^N

$861 = ($56 / (1 + YTM)) + ($56 / (1 + YTM)^2) + ... + ($56 + $1,000) / (1 + YTM)^5

By solving this equation, we find that the YTM is approximately 12.88%.

Therefore, the closest answer option is A. 12.88%.Hence, the correct answer is A. 12.88%

Learn more about equates here

https://brainly.com/question/24881206

#SPJ11

The total duration of the project, considering the original activities, is 18 days. Using the laddering technique with 3 segments per activity, the project still takes 18 days, with no lag days between activities A and B.

1. The total duration of the project can be calculated by adding the duration of all activities.

Activity A: Dig trench for 1.2 km - Duration: 6 days

Activity B: Lay pipe for 1.2 km - Duration: 6 days

Activity C: Refill earth for 1.2 km - Duration: 6 days

Therefore, Total duration of the project = 6 + 6 + 6 = 18 days.

2. Using the Laddering technique, each activity is divided into 3 segments of equal duration.

Activity A: Dig trench for 1.2 km - Duration: 6 days

Segment 1: Dig trench for 0.4 km - Duration: 2 days

Segment 2: Dig trench for 0.4 km - Duration: 2 days

Segment 3: Dig trench for 0.4 km - Duration: 2 days

Activity B: Lay pipe for 1.2 km - Duration: 6 days

Segment 1: Lay pipe for 0.4 km - Duration: 2 days

Segment 2: Lay pipe for 0.4 km - Duration: 2 days

Segment 3: Lay pipe for 0.4 km - Duration: 2 days

Activity C: Refill earth for 1.2 km - Duration: 6 days

Segment 1: Refill earth for 0.4 km - Duration: 2 days

Segment 2: Refill earth for 0.4 km - Duration: 2 days

Segment 3: Refill earth for 0.4 km - Duration: 2 days

(i) The total duration of the project will be the sum of durations of all segments.

Thus, Total duration of the project = 2+2+2+2+2+2+2+2+2 = 18 days.

(ii) There are no lag days between activity A and B.

To learn more about activities visit:

https://brainly.com/question/30266204

#SPJ11

Max must invest an additional amount of $415,783.78 today to achieve his retirement goals.

to calculate how much max must invest today to achieve his retirement goals, we can break down the problem into several steps:

step 1: calculate the future value of max's savings during the 30-year saving period.

using the future value of an ordinary annuity formula in excel, we can calculate the total savings amount after 30 years:

=fv(rate, nper, pmt, pv, type)

=fv(8%/12, 30*12, -500, 0, 0)

result: $501,903.62

step 2: calculate the future value of max's withdrawals during the 20-year retirement period.

using the future value of an ordinary annuity formula in excel, we can calculate the total value of the withdrawals after 20 years:

=fv(rate, nper, pmt, pv, type)

=fv(4%/12, 20*12, -5000, 0, 0)

result: $615,783.78

step 3: calculate the additional investment required to reach the $200,000 inheritance goal.

to find out how much additional investment is needed to reach $200,000, we subtract the future value of withdrawals from the desired inheritance amount:

=200000 - $615,783.78

result: -$415,783.78 (negative indicates an additional investment is needed) max's savings plan, which involves saving $500 per month for 30 years with an 8.0% apr compounded monthly, results in a future value of $501,903.62 after the saving period. however, during the 20-year retirement period, with a 4.0% apr compounded monthly and $5,000 monthly withdrawals, the future value of the withdrawals amounts to $615,783.78. to make up for the shortfall and reach the desired $200,000 inheritance, max needs to invest an additional $415,783.78 today.

Learn more about investment here:

https://brainly.com/question/15105766

#SPJ11

The Net Present Value (NPV) of receiving $600 annually for the next four years and $1,500 at the end of the fifth year, with a required return of 10%, is $1,737.07. This value indicates the present worth of the future cash flows when discounted at the given rate.

To calculate the NPV, we need to discount each cash flow to its present value and then sum them up. In Excel, we can use the NPV function. Here's how the calculations would look:

In cell A1, enter "-$600" to represent the cash inflow in each of the first four years.

In cell A6, enter "-$1,500" to represent the cash inflow in the fifth year.

In cell B1, enter "10%" to represent the required return.

In cell B2, enter "1" to represent the initial year.

In cell B3, enter "4" to represent the last year of the annual cash flows.

In cell B4, enter "5" to represent the year of the lump sum cash flow.

In cell C1, enter the formula "=NPV(B1,A1:A4)" to calculate the present value of the annual cash flows.

In cell C2, enter the formula "=C1+NPV(B1,A6)" to calculate the total present value of all cash flows.

The resulting value in cell C2 will be $1,737.07, which represents the NPV of the cash flows.

The NPV of $1,737.07 indicates that the present value of the cash inflows is higher than the initial investment. Therefore, accepting this investment opportunity would generate positive value and potentially be a favorable financial decision.

The NPV measures the profitability of an investment by considering the time value of money, discounting future cash flows to their present values. In this case, the positive NPV suggests that the investment has a higher return than the required rate of 10%, making it potentially attractive.

Learn more about cash flows click here:

brainly.com/question/30066211

#SPJ11

Under the sum-of-the-year method, the depreciation schedule for the equipment is as follows:

Year     Cost        Depreciation     Accumulated   Book Value

                                Expense        Depreciation

1       $100,000      $32,000            $32,000         $68,000

2      $100,000      $24,000            $56,000         $44,000

3      $100,000       $16,000            $72,000         $28,000

4      $100,000        $8,000            $80,000         $20,000

The sum-of-the-years' digit method is one of the depreciation methods.

This method involves using the sum of the years to determine the denominator for dividing the depreciable amount, which is then multiplied by the number of years remaining before the asset is fully depreciated.

Cost of equipment = $100,000

Salvage value = $20,000

Depreciation amount =$80,000 ($100,000 - $20,000)

Recovery period = 4 years

Sum of the years = 10 (4+3+2+1)

Year   Depreciation Expense

1         $32,000 ($80,000 x 4/10)

2       $24,000 ($80,000 x 3/10)

3        $16,000 ($80,000 x 2/10)

4         $8,000 ($80,000 x 1/10)

Learn more about the sum-of-the-years' digit method at https://brainly.com/question/30531944.

#SPJ4

The equal payments due in 4 years will be $2,904.52.

We can solve this problem using the time value of money. The time value of money is the concept that a dollar received in the future is worth less than a dollar received today because of its earning capacity. We can find out the present value of the future cash flows using the below formula:

PV = FV / (1 + r/n) ^ nt

Where,

PV = Present Value

FV = Future Value (cash flow)

r = rate of interest

n = number of times interest compounded in a year

t = time (number of years)

First, we find out the present value of the given payments, and then we can use these present values to find out the equal payments at the end of three and four years.

Present value of $13,000 due in 1 year:

PV1 = 13,000 / (1 + 0.035 / 4) ^ (1 × 4)

PV1 = $12,499.67 (approx)

Present value of $11,400 due in 2 years:

PV2 = 11,400 / (1 + 0.035 / 4) ^ (2 × 4)

PV2 = $10,185.85 (approx)

Now, we can find out the equal payments due in 3 years and 4 years from now using the present values calculated above.

Equal payments due in 3 years:

We need to find out the equal payments that replace the two payments at the end of three years. Let's assume that the equal payment is 'x'.

Present Value of this annuity due in 3 years is:

PV3 = x * [1 - (1 / (1 + 0.035 / 4) ^ (4 × 3))] / (0.035 / 4)

PV3 = x * 7.2486... (approx)

Equating the present value of the above annuity to the sum of the present values of the original payments:

PV3 = PV1 + PV2

x * 7.2486... = 12,499.67 + 10,185.85

x = $3,034.76 (approx)

Therefore, the equal payments due in 3 years will be $3,034.76.

Equal payments due in 4 years:

We need to find out the equal payments that replace the two payments at the end of four years. Let's assume that the equal payment is 'y'.

Present Value of this annuity due in 4 years is:

PV4 = y * [1 - (1 / (1 + 0.035 / 4) ^ (4 × 4))] / (0.035 / 4)

PV4 = y * 7.6984... (approx)

Equating the present value of the above annuity to the sum of the present values of the original payments:

PV4 = PV1 + PV2

y * 7.6984... = 12,499.67 + 10,185.85

y = $2,904.52 (approx)

Therefore, the equal payments due in 4 years will be $2,904.52.

To learn more about payments, refer below:

https://brainly.com/question/15136793

#SPJ11

To minimize the total cost, the Dream Store should order the Economic Order Quantity (EOQ) of water beds. With an annual demand of 400 units, ordering cost of $39, and holding cost of $5 per unit per year, the optimal order quantity is determined.

a) To determine the Economic Order Quantity (EOQ) that minimizes the total cost, we can use the EOQ formula: EOQ = √((2 * annual demand * ordering cost) / holding cost). Plugging in the values given:

EOQ = √((2 * 400 * $39) / $5) ≈ 56 units.

Therefore, Matthew Liotine's Dream Store should order approximately 56 units each time an order is placed to minimize the total cost. b) If the holding cost per unit increases to $6, we need to recalculate the new optimal order quantity (EOQ) using the same formula.

New EOQ = √((2 * 400 * $39) / $6) ≈ 53 units.

With a higher holding cost per unit, the new optimal order quantity would be approximately 53 units. By calculating the EOQ, the Dream Store can ensure efficient inventory management and minimize costs associated with ordering and holding inventory.

Learn more about Economic Order Quantity here:

https://brainly.com/question/28136295

#SPJ11

Patrick has a $1,000 overdue debt for accounting books and supplies at Augustana's Bookstore. Patrick has only $200 in his checking account and doesn't want his parents to know about this debt. The Bookstore Manager tells Patrick that he may settle the account in one of two ways since he can't pay it all now

The cost of borrowing money (interest) is the only factor in Patrick's decision and that the cost of borrowing money to him is 6%.He has two alternatives to pay the overdue debt. Let's calculate which alternative he should choose:Alternative 1:Pay $200 now and $1200 after he completes his second year of work in public accounting, two years from today.The total amount payable after two years = $1200Principal = $1000Interest for two years at 6% = (1000 × 6 × 2) / 100 = $120Total amount payable after two years = Principal + Interest = $1000 + $120 + $200 = $1320.Alternative 2:Pay $1,400 three years from today.Principal = $1000Simple interest for 3 years at 6% = (1000 × 6 × 3) / 100 = $180Total amount payable after three years = Principal + Interest = $1000 + $180 = $1180.So, Patrick should choose the first alternative as he has to pay a lower amount, which is $1320 only.

To know more about debt visit

https://brainly.com/question/33688761

#SPJ11

Hyundai Motors is considering three sites—A, B, and C—for the construction of a factory to manufacture its new electric car batteries.

The objective is to choose a site with the lowest cost, where the cost is measured by the sum of the fixed cost and the variable cost. The variable cost at each site is provided below:

Cost at Site A= $5,000

Cost at Site B= $7,000

Cost at Site C= $10,000

The fixed costs at the three sites are the same and amount to $50,000.

We are required to find the minimum-cost site to locate the factory.

Firstly, we need to determine the cost of locating the factory at each site.

This is calculated by adding the fixed cost to the variable cost at each site.

The following are the costs of each site:

A= $50,000+$5,000

= $55,000

B= $50,000+$7,000

= $57,000

C= $50,000+$10,000

= $60,000

From the calculations above, we can see that Site A is the minimum-cost site for the construction of the factory as it has the lowest cost.

Therefore, Hyundai Motors should choose Site A to construct its factory to manufacture the new electric car batteries since it has the lowest cost.

To know more about variable cost visit:

brainly.com/question/31811001

#SPJ11