Long-term considerations in determining capacity requirements include demand trend, duration of demand cycles and amplitude of demand cycles. Capacity planning is the process of establishing the overall capability levels of an organization's resources.
Capacity planning is an important decision-making process that helps organizations assess their current and future needs and take the necessary steps to meet those needs. The long-term considerations that go into determining capacity requirements include: Demand trend: One of the most important factors to consider in capacity planning is the trend of demand. Demand trends can vary significantly over time, and organizations need to be able to adapt their capacity levels to meet these changes. Duration of demand cycles: The duration of demand cycles is another factor to consider when determining capacity requirements.
Long-term capacity planning should take into account the length of time required to meet the expected demand cycles. Amplitude of demand cycles: Finally, the amplitude of demand cycles should be considered when determining capacity requirements. High-amplitude demand cycles can create significant fluctuations in capacity needs, and organizations need to be able to respond quickly to these changes. In conclusion, all three factors, demand trend, duration of demand cycles, and amplitude of demand cycles should be considered while determining capacity requirements.
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what bussiness level strategies pakistan state oil has
implemented?
"Pakistan State Oil (PSO) has implemented various strategies to maintain its market position and drive business growth. "
Some general information about business-level strategies that PSO may have implemented or could consider implementing based on common practices in the oil and gas industry:
1. Cost Leadership: PSO may focus on achieving cost leadership by implementing efficient operational processes, negotiating favorable supply contracts, and optimizing logistics to reduce costs and offer competitive prices in the market.
2. Differentiation: PSO may differentiate its products and services by offering unique features, such as premium fuel grades, high-quality lubricants, or value-added services like loyalty programs or efficient fleet management solutions.
3. Market Segmentation: PSO may develop tailored marketing strategies and product offerings to target specific customer segments, such as commercial fleet operators, industrial clients, or retail consumers, based on their unique needs and preferences.
4. Geographic Expansion: PSO may explore opportunities to expand its operations and market presence beyond its domestic market, considering investments in neighboring countries or establishing partnerships with international oil and gas companies.
5. Technology Adoption: PSO may invest in advanced technologies, such as digital platforms, data analytics, and automation, to improve operational efficiency, enhance customer experience, and optimize supply chain management.
6. Sustainability and Renewable Energy: PSO may incorporate sustainability initiatives into its business strategy by investing in renewable energy projects, promoting cleaner fuels, and adopting environmentally friendly practices to align with global trends and customer demands.
It's important to note that these strategies are general examples and may or may not reflect the specific strategies implemented by PSO. For accurate and up-to-date information, I recommend referring to PSO's official website, corporate reports, or other reliable sources that provide information on the company's recent business-level strategies.
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Question 4 6 pts You have always wanted to buy a new car and pay cash. You have decided to save enough money to buy a car paying up front with cash. You need to buy a new car in 6 years from today. Yo
You would need to save $3,536.80 per month to have $70,725 in 7 years.
How much should you save per month to have $70,725 in 7 years?To calculate the monthly savings required, we can use the formula for the future value of a series of regular investments: [tex]Future Value = Monthly Savings * [(1 + Annual Yield)^{Number of Years * 12} - 1] / Annual Yield[/tex]
Given:
Future Value = $70,725
Annual Yield = 8.53%
Number of Years = 7
Plugging values:
$70,725 = Monthly Savings × [(1 + 0.0853)^(7 × 12) - 1] / 0.0853
$70,725 × 0.0853 = Monthly Savings × [(1 + 0.0853)^(7 × 12) - 1]
$70,725 × 0.0853 = Monthly Savings × (1.0853^(84) - 1)
$70,725 × 0.0853 = Monthly Savings × (2.705732 - 1)
$70,725 × 0.0853 = Monthly Savings × 1.705732
Monthly Savings = $70,725 × 0.0853 / 1.705732
Monthly Savings = $3 536.80561
Monthly Savings = $3,536.80
Full :
You have always wanted to buy a new car and pay cash. You have decided to save enough money to buy a car paying up front with cash. You need to buy a new car in 7 years from today. You believe you can earn 8.53% annual yield on invested funds over those 7 years. If you think you can buy your dream car for $70,725, how much would you have to save per month to have $70,725 in 7 years?
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The arbitrage pricing model (APT) is a multi-risk factored asset pricing model that allows more than
one risk factor to influence security prices". In term terms of this statement, discuss the assumptions
of the APT, the criticisms levelled against it and its advantage over the CAPM. (In your answer note
some of the common risk-factors used in APT)
The arbitrage pricing model (APT) is an asset pricing model that considers multiple risk factors to determine security prices.
It assumes that security returns are influenced by several systematic risk factors rather than just the market risk. These risk factors can be diverse and include macroeconomic variables such as interest rates, inflation, and GDP growth, as well as industry-specific factors.
The APT has several assumptions. First, it assumes that security returns can be explained by a linear relationship with the identified risk factors. Second, it assumes that investors are rational and risk-averse, seeking to maximize their expected utility. Third, it assumes that no arbitrage opportunities exist, meaning that prices adjust quickly to eliminate any riskless profit opportunities. Lastly, it assumes that there is a factor structure that captures the common risk factors influencing asset prices.
Critics of the APT argue that its main limitation is the difficulty in accurately identifying and quantifying the relevant risk factors. Determining the appropriate factors and their weights requires substantial empirical analysis and may vary across different time periods and markets. Additionally, the APT relies on the assumption of no arbitrage, which may not hold in real-world conditions, leading to potential mispricing.
One advantage of the APT over the Capital Asset Pricing Model (CAPM) is its ability to accommodate multiple risk factors. While the CAPM only considers the market risk factor (beta), the APT recognizes that securities can be influenced by various systematic factors. This allows for a more comprehensive analysis of risk and potential returns, providing a more realistic representation of asset pricing.
Common risk factors used in the APT include interest rate risk, inflation risk, market risk, credit risk, exchange rate risk, and industry-specific risk. By considering these factors, the APT provides a framework for understanding the relationship between risk and return and helps investors make more informed investment decisions.
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Step‐1. Slice the bun. Add cheese and/or meat. (by employee 1)
Step‐2. Add toppings. (by employee 2)
Step‐3. Pack the sandwich. (by employee 3)
Step 4. Take the payment (by employee 3)
Step‐1 is completed in 4 minutes per order. Steps 2, 3, and 4 are completed in 2, 0.5, and 2 minutes per order, respectively. Sub Exuberante would like you to carry out a process analysis and you are hired for the job.
Assume that Sub Exuberante is not happy with the current process capacity. You are allowed to add another resource to a step in the process. What is the capacity of the process after you add another employee?
The above process capacity is 8.5 minutes per order. By adding another employee to assist with Step 2, the process capacity improves to 7.5 minutes per order.
What is the process about?Using Hypothetical scenario: To know the capacity of the process after adding another employee, one need to calculate the total time required to complete each step in the process.
Step 1: Time per order: 4 minutes
Step 2: 2 minutes
Step 3: Time per order: 0.5 minutes
Step 4: Time per order: 2 minutes
So to calculate the total time per order with the additional employee:
Total time per order = 4 minutes + 1 minute + 0.5 minutes + 2 minutes
= 7.5 minutes
This implies that the system has the capability to manage a greater number of orders within a given time frame, leading to enhanced productivity and output.
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A bond issue with a face amount of $1,000,000 bears interest at the rate of 6%. The current market rate of interest is 8%. These bonds will sell at a price that is: Multiple Choice Equal to $1,000,000
The bonds that bear interest at the rate of 6% will be sold at a price that is less than $1,000,000.
Bonds are debt instruments issued by a borrower and are purchased by the lender. The bond issue has a face amount or a par value, which is the amount that is paid at the maturity of the bond.The market rate of interest is the rate that borrowers have to pay for obtaining a loan in the current market. When the bond's interest rate is less than the current market rate of interest, then the bond is sold at a discount.When the bond's interest rate is more than the current market rate of interest, then the bond is sold at a premium.
The given bond issue has a face amount of $1,000,000, and the bond's interest rate is 6%. The current market rate of interest is 8%. Therefore, the bond's interest rate is less than the current market rate of interest. Thus, the bonds will sell at a price that is less than $1,000,000, which means less than the face amount of the bonds.
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Which of the following characteristics most likely applies to private equity investing? a) Liquid secondary market;
b) High degree of reliance on manager skill; c) Relatively short-term investment horizon.
Of the following characteristics, high degree of reliance on manager skill most likely applies to private equity investing
What is private equity investing?Private equity investing is the method of purchasing an ownership stake in a company that is not publicly traded. A private equity fund is an investment vehicle that is formed to pool funds from institutional investors or wealthy individuals for the purpose of investing in private companies or restructuring public companies.
Investments in private equity are illiquid, which means they are not readily tradable in a secondary market and are generally held for long periods of time.
High degree of reliance on manager skill is a characteristic of private equity investing. Private equity fund managers must be well-versed in industry-specific knowledge, financial analysis, business operations, and strategy to succeed.The investment horizon in private equity is long-term.
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If firms in a perfectly competitive market have positive economic profit then O the market quantity must be greater than optimal O the market must be in the long run equilibrium the market marginal revenue must be less than marginal cost O the market cannot be in the long-run equilibrium
If firms in a perfectly competitive market have positive economic profit, then the market must not be in the long-run equilibrium.
A market where there are many small firms, homogeneous products, and no barriers to entry or exit is known as a perfectly competitive market. The companies are price takers rather than price makers in this scenario, and they must accept the market price determined by the forces of supply and demand. There are no firms with market power, and the entry and exit of firms ensures that the market price is always equal to the average cost of production at the minimum point. As a result, in the long run, each firm in the perfectly competitive market makes zero economic profits.So, if firms in a perfectly competitive market have positive economic profit, then the market must not be in the long-run equilibrium, which is the only option that fits the given terms.
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Apex, Inc. is evaluating three investment opportunities: Option A requires a capital investment of $24.3 million. Revenue will start at $3.4 million in Year 1 and will rise by 18% per year through Year 10, when the project ends. Option B requires a capital investment of $14.5 million. Revenue will start at $2.4 million in Year 1 and will rise by $1.2 million per year through Year 8, when the project ends. Option C requires a capital investment of $18.9 million. Revenue will be at $4.6 million per year through Year 12, when the project ends. Which option(s) should Apex pursue if they have $40 million in capital available and their MARR is 18% per year?
Apex, Inc. has three investment options: Option A, Option B, and Option C. With a capital budget of $40 million and a minimum attractive rate of return (MARR) of 18%, we need to determine which options to pursue.
To evaluate the options, we consider their net present value (NPV). Option A has a total revenue stream of $32.1 million over 10 years, Option B has a total revenue stream of $11.2 million over 8 years, and Option C has a total revenue stream of $55.2 million over 12 years. Calculating the NPVs using an 18% discount rate, Option A has an NPV of -$2.1 million, Option B has an NPV of -$0.6 million, and Option C has an NPV of $1.8 million. Since the MARR is 18%, the options with positive NPVs are considered acceptable investments. In this case, Option C is the only option with a positive NPV, making it the recommended choice for Apex, Inc.
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Discuss thoroughly all the questions ask below:
3. Discuss the methods of analyzing financial statements. Present the formula and its possible interpretations.
4. In making an investment, risk comes with returns. The more risk you entered the more returns is expected. There are 3 types of investment that you can make and 3 types of risk that you can willingly take. Describe yourself as what type of risk taker you are.
These ratios can provide insight into a company's liquidity, profitability, solvency, and efficiency. Some common ratios used in financial analysis include the current ratio, debt-to-equity ratio, return on equity (ROE), and gross profit margin. A financial advisor can help investors identify their risk tolerance and construct a portfolio that aligns with their goals and comfort level.
Methods of analyzing financial statements and their interpretation
Financial statement analysis is the process of reviewing and analyzing a company's financial statements to make better economic decisions. The three most commonly used methods for analyzing financial statements are horizontal analysis, vertical analysis, and ratio analysis.
Horizontal analysis involves comparing financial data from multiple periods to identify changes in revenue, expenses, assets, or liabilities. This analysis helps to highlight trends and growth rates over time, which can help identify potential areas of concern.
Vertical analysis involves expressing each line item of the financial statement as a percentage of a base figure. For example, in a balance sheet, total assets would be the base figure, and each asset account would be expressed as a percentage of total assets. This analysis helps to identify the proportion of each line item relative to the whole, which can be useful in making comparisons between companies or industries.
Ratio analysis involves calculating various financial ratios using data from financial statements. These ratios can provide insight into a company's liquidity, profitability, solvency, and efficiency. Some common ratios used in financial analysis include the current ratio, debt-to-equity ratio, return on equity (ROE), and gross profit margin.
Types of investment risks and identifying personal risk tolerance
There are three types of investment risks: market risk, inflation risk, and interest rate risk. Market risk refers to the possibility that an investment will decrease in value due to factors affecting the overall market. Inflation risk occurs when the rate of inflation outpaces the rate of return on an investment, reducing its purchasing power over time. Interest rate risk arises when changes in interest rates affect the value of fixed-income investments.
Identifying personal risk tolerance is an important part of investing. Risk tolerance is the level of risk an investor is comfortable taking on in pursuit of potential returns. Conservative investors tend to prefer low-risk investments that offer steady but modest returns, while aggressive investors are willing to take on higher levels of risk in pursuit of greater returns.
I do not have a risk tolerance as I'm not capable of investing in financial markets. It is important for investors to understand their personal level of risk tolerance and to make investment decisions accordingly. A financial advisor can help investors identify their risk tolerance and construct a portfolio that aligns with their goals and comfort level.
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Categorize the five common characteristics of high-quality data
and rank them in order of importance for Hotels.com
Five common characteristics of high-quality data are: Accuracy, completeness, uniqueness, consistency and timeliness.
Accuracy: It is critical that the data is accurate and relevant. As a result, a quality management strategy should be implemented to avoid mistakes. Any mistake, regardless of how insignificant, can cause a problem later on.
Completeness: The data should be thorough, up-to-date, and complete. When collecting data, data completeness entails making sure that all relevant data fields are covered. All missing data points should be verified to guarantee that data is comprehensive.
Consistency: The data should be consistent over time and throughout the entire organization. It's crucial that all data is in agreement and adheres to the organization's business policies and standards.
Uniqueness: When data is unique, it is less prone to duplication and errors. The data should be free of ambiguity, and data must be stored only once. Hotels.com should avoid using the same data in various formats, databases, or systems.
Timeliness: The data should be updated frequently. Outdated data may lead to bad decisions or actions by the company, so updating data frequently is essential.
Ranking of importance for Hotels.com: Accuracy, Consistency, Completeness, Timeliness, Uniqueness
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____________________ is the theft of cash from a victim entity prior to its entry in an accounting system.
Skimming is the theft of cash from a victim entity prior to its entry in an accounting system.
What is Skimming? Skimming is a type of fraud that involves the theft of cash before it enters the accounting system. A person who steals money in this way typically takes it from a business's sales or receipts. They may work in a position that gives them access to cash, such as a cashier or a salesperson. Skimming can be difficult to detect because the money is taken before it enters the accounting system. The money taken in skimming is typically spent on personal expenses or used to fund criminal activities. Skimming can have a significant impact on a business's finances, and it is often difficult to recover the stolen funds.
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Q.11 From the following information, find net profit. Gross Profit----- Salary Commission Paid- 1,00,000 20,000 ---25,000
Answer:
Operating profit
=Net profit-non operating Income+Non-operating Expenses=Rs. 1,000,000-Rs.25,000+22,000=Rs. 97,000
Explanation:
Please mark brainliest
The following is an excerpt from Baton Corporation's financial statements:
Statement of Financial Position
December 31, 2021
Non-current liabilities:
5% bonds payable, due December 31, 2030 $7 926 303
The bonds have a face value of $8,000,000 and were issued on December 31, 2020 at 99 to yield D 5.1291%. Interest is payable on June 30 and December 31 of each year. Baton uses the effective interest method to amortize bond premium or discount.
a) Prepare an amortization table for 2022 and 2023 (up to June 30, 2023):
Prepare an amortization table for 2022 and 2023 (up to June 30, 2023):
On July 1, 2023, Baton retired $4,800,000 of these bonds at 102.
'Prepare the journal entries to record the retirement:
Amortization of Premium/Discount is:
Debit: Bond Premium/Discount Amortization $32,970
Credit: Premium on Bonds Payable $32,970
a) Amortization Table for 2022 and 2023 (up to June 30, 2023):
(Refer to the image attached below)
b) June 30, 2023 Journal Entries:
To record the interest expense and amortization of premium/discount on June 30, 2023:
1. Interest Expense:
Debit: Interest Expense $215,854
Credit: Bond Interest Payable $215,854
2. Amortization of Premium/Discount:
Debit: Bond Premium/Discount Amortization $32,970
Credit: Premium on Bonds Payable $32,970
c) July 1, 2023 Journal Entries:
To record the retirement of $4,800,000 of bonds at 102 on July 1, 2023:
1. Retirement of Bonds:
Debit: Bonds Payable $4,800,000
Credit: Premium on Bonds Payable $32,970
Credit: Gain on Bond Retirement $67,030 ([$4,800,000 x 102%] - $4,800,000)
Debit: Cash $4,896,000 ([$4,800,000 x 102%])
Please note that the gain on bond retirement is calculated as the difference between the cash received ($4,915,200) and the carrying value of the bonds being retired ($4,800,000).
The correct question is:
The following is an excerpt from Baton Corporation's financial statements:
Statement of Financial Position
December 31, 2021
Non-current liabilities:
5% bonds payable, due December 31, 2030 $7926303
The bonds have a face value of $8,000,000 and were issued on December 31, 2020 at 99 to yield D 5.1291%. Interest is payable on June 30 and December 31 of each year. Baton uses the effective interest method to amortize bond premium or discount.
a) Prepare an amortization table for 2022 and 2023 (up to June 30, 2023):
b) Prepare the June 30, 2023 journal entries related to the bond.
c) On July 1, 2023, Baton retired $4,800,000 of these bonds at 102. 'Prepare the journal entries to record the retirement.
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Graduated Payment Mortgage The loan is for $350,000 with terms 6.6%, 30 years. The graduation rate is 8% and occurs 3 times. Show the tables and labels when answering this question: 1. Calculate the Initial Monthly Payment (show Table): 2. Calculate the Monthly Payments and Loan Balances for years 1-4 by using a complete an Amortization Table for this period of time 3. Calculate the effective-interest cost of the loan given $1,800 in upfront lender fees and points (show all work).
1. The initial monthly payment for the Graduated Payment Mortgage is calculated using the formula: P = ($350,000 * 0.066) / (1 - (1 + 0.066) ^ (-360)).
2. By creating an amortization table for the first four years, we can calculate the monthly payments and loan balances for that period.
3. To calculate the effective-interest cost of the loan, we add the upfront lender fees and points ($1,800) to the total interest paid over the loan term.
1. **Initial Monthly Payment Calculation:**
To calculate the initial monthly payment, we can use the formula for a fixed-rate mortgage payment. The loan amount is $350,000, the term is 30 years (360 months), and the interest rate is 6.6%. Using this information, we can calculate the monthly payment as follows:
P = Loan amount = $350,000
r = Monthly interest rate = 6.6% / 100 / 12 = 0.0055
n = Total number of payments = 30 years * 12 months/year = 360
Using the formula for a fixed-rate mortgage payment:
Monthly Payment = P * (r * (1 + r)^n) / ((1 + r)^n - 1)
Substituting the values into the formula:
Monthly Payment = $350,000 * (0.0055 * (1 + 0.0055)^360) / ((1 + 0.0055)^360 - 1)
The calculated initial monthly payment is $2,199.45.
2. **Monthly Payments and Loan Balances for Years 1-4 (Amortization Table):**
To calculate the monthly payments and loan balances for years 1-4, we need to construct an amortization table. The table should include columns for the payment number, monthly payment, interest payment, principal payment, and remaining loan balance.
Here's an example of an amortization table for the first four years:
| Payment Number | Monthly Payment | Interest Payment | Principal Payment | Remaining Loan Balance |
|----------------|-----------------|-----------------|-------------------|-----------------------|
| 1 | $2,199.45 | $1,925.00 | $274.45 | $349,725.55 |
| 2 | $2,199.45 | $1,925.00 | $274.45 | $349,451.10 |
| 3 | $2,199.45 | $1,924.05 | $275.40 | $349,175.70 |
| 4 | $2,199.45 | $1,923.10 | $276.35 | $348,899.35 |
The table continues for the remaining months of the first four years, with the interest payment and principal payment changing as the loan balance decreases.
3. **Effective-Interest Cost Calculation:**
To calculate the effective-interest cost of the loan, we need to consider the upfront lender fees and points. Given that the upfront lender fees and points are $1,800, we can add this amount to the loan balance.
Effective-Interest Cost = Total Payments - Loan Amount + Upfront Lender Fees
The total payments can be obtained by multiplying the monthly payment by the total number of payments, which is 360 in this case.
Total Payments = Monthly Payment * Total Number of Payments
Total Payments = $2,199.45 * 360
Next, we calculate the effective-interest cost:
Effective-Interest Cost = ($2,199.45 * 360) - $350,000 + $1,800
The calculated effective-interest cost of the loan is $308,202.
Please note that the amortization table provided in answer 2 is just an example for the first four years, and you would need to continue the table for the full 30-year term to get a complete picture of the loan payments and balances over time.
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a) Explain why you would agree or disagree with this statement: "Buying a put is just like short selling the underlying asset. You gain the same thing from either position if the underlying asset's price falls. If the price goes up, you have the same loss". b) Consider the following options, traded on a stock. The standard deviation of the stock price over the past six years has been 20%. 1. A European six-month put option on a stock whose market price is £90 where the strike price is £100. 2. A European six-month put option on a stock whose market price is £110 where the strike price is £100. 3. A European three-month put option on a stock whose market price is £90 where the strike price is £100. Which one of the above options has the highest price? Explain your answer.
a) Disagree. While buying a put option and short selling the underlying asset can both provide protection against a price decline, they are fundamentally different strategies. Buying a put option involves limited risk and a fixed cost, while short selling has unlimited risk and potentially higher costs.
b) Option 2 has the highest price. The price of an option is influenced by factors such as the stock price, strike price, time to expiration, and volatility. Given that the stock price of option 2 is farther away from the strike price compared to the other options, it has a higher probability of being in-the-money, resulting in a higher price for the put option.
a) Disagreeing with the statement is important because buying a put option and short selling the underlying asset are distinct strategies with different risks and potential outcomes. When buying a put option, the investor pays a premium to obtain the right to sell the underlying asset at a specified strike price within a specified time frame. This limits their potential loss to the premium paid. In contrast, short selling involves borrowing and selling an asset that the investor does not own, with the aim of buying it back at a lower price to profit from the price decline. Short selling has unlimited risk, as the asset's price can theoretically increase without limit.
b) Option prices are influenced by various factors, including the difference between the stock price and the strike price, time to expiration, volatility, and interest rates. In this case, option 2 has the highest price because its stock price of £110 is farther away from the strike price of £100 compared to the other options. This greater difference between the stock price and the strike price increases the probability that the option will be in-the-money at expiration. Therefore, option 2 is more valuable and commands a higher price. The standard deviation of the stock price over the past six years, mentioned in the question, is not directly relevant to determining the option prices in this scenario.
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Disneyland Shanghai There were signs aplenty that the April 8, 2011, groundbreaking for the US$4.4 billion Shanghai Disney Resort was not aimed at the typical Orlando vacationer. Shanghai school children sang When You Wish Upon a Star - in Mandarin. Mickey Mouse showed up clad not in his signature duds but in traditional red Chinese garb to symbolize good fortune. Everything was customized to suit the tastes of the world's most populous nation. Walt Disney has good reason to sweat the details at its first theme park on the mainland. When it opened Hong Kong Disneyland in 2005, it underestimated how many visitors would show up and how long they would linger. The result: too few rides, inadequate seating and food supplies at restaurants, and angry crowds that had to be turned away. Although the 47% Disney-owned Hong Kong park is expanding, it still lost US$92.3 million in the year ended October 2010, while attendance rose 13%. "We learned a lot from Hong Kong," says Disney Chief Executive Officer Robert A. Iger. "In Shanghai, we're within a three hours' drive of 300 million people. That's a huge opportunity, and we have to be careful about how many will come and their visitation patterns." For Disney, which will own a 43% stake in the 963-acre resort (three state- owned companies own the rest), Shanghai is a US$1.9 billion wager on a growing Chinese middle class who the company projects will spend US$200 billion annually on leisure travel by 2015. It is also a bet that Disney's characters and 55-year history of running theme parks can be adapted to a culture it may not fully understand. "Disney has too much riding on China to let either Hong Kong or Shanghai fail," says John Gerner, managing director of Leisure Business Advisors, which assessed the potential for theme parks in China for Village Roadshow, an Australian theater and park operator. "Hong Kong was an experiment to see if a smaller park would work, and it didn't. Now they're fixing it." Shanghai's Disneyland will be almost 85 acres, about 50% larger than the Hong Kong park at its opening, says one executive. There will be traditional Disney rides and others based on Chinese culture, says Iger. The company is adding Chinese nationals to its "Imagineering" team to help develop the park. One staple that will change: Main Street USA, the turn-of-the-century collection of storefronts and horse- drawn street cars that welcome visitors to most Disney parks. Explains Iger: "We simply believe Main Street USA might not be that interesting to people here." Disney is not likely to repeat the cultural faux pas it made when it opened Disneyland Resort Paris in 1992, where food sales suffered because the park initially did not serve wine with meals. In Hong Kong, Disney has cut the number of hot dogs in restaurants in order to serve more dim sum and noodle dishes, says a Disney executive, and there is likely to be plenty of local fare in Shanghai. "Disney is paying a lot of attention now to cultural differences," says Evercore Partners analyst Alan Gould. One motivation: The Shanghai park will generate $70 million in management fees for Disney in its first year and $200 million within a decade, Gould estimates. In the above article, Disney is entering the China market. (a) What is the mode of entry used by Disney? Justify your answer based on the context. What are the pros and cons of this mode of entry? (b) Describe the Balance of Payment for US and China qualitatively. (hint: what is being imported and exported? Quantitative statistics is not required.). Which country is benefiting more should Disneyland Shanghai is successful? Justify your answer. (hint: impact on GDP for both countries)
(a) The mode of entry used by Disney into the China market is a joint venture with Chinese partners. The article states that Disney will own a 43% stake in the Shanghai Disney Resort, while three state-owned companies will own the remaining 57%. This indicates a partnership between Disney and Chinese entities to establish and operate the theme park.
Justification for joint venture mode of entry:
Access to local knowledge and expertise: By partnering with Chinese companies, Disney can leverage their understanding of the local market, culture, and consumer preferences. This can help Disney tailor its offerings to suit the tastes of Chinese consumers, as mentioned in the article.
Shared investment and risk: The financial burden of establishing and operating the theme park is shared between Disney and its Chinese partners. This reduces the financial risk for Disney and allows them to tap into the resources and capital of their Chinese partners.
Government regulations and market access: China has specific regulations and restrictions on foreign companies operating in the country. By forming a joint venture with Chinese partners, Disney can navigate these regulations more effectively and gain better market access.
Pros of joint venture mode of entry:
Local market knowledge and expertise.
Shared investment and risk.
Access to local resources and capital.
Easier navigation of government regulations and market access.
Cons of joint venture mode of entry:
Loss of full control: Disney has a minority stake in the joint venture, which means it has less control over decision-making and operations compared to wholly-owned subsidiaries.
Potential conflicts and cultural differences: Managing a joint venture with Chinese partners may involve challenges related to differences in management styles, cultural norms, and business practices.
Profit sharing: Disney will have to share profits with its Chinese partners, which may impact its overall financial gains.
(b) The qualitative description of the balance of payment for the US and China regarding Disneyland Shanghai can be understood as follows:
For the US:
Export: Disney, as an American company, will export its expertise, intellectual property, and management know-how to China through the joint venture. This includes the Disney brand, characters, and theme park operational knowledge.
Import: The US will import revenue generated by the Shanghai Disney Resort in the form of management fees and potential royalties. This will contribute to the US balance of payment, boosting its service exports.
For China:
Export: China will export land, infrastructure, and local resources required for the construction and operation of the Shanghai Disney Resort. Additionally, Chinese nationals will be added to Disney's "Imagineering" team, contributing their expertise and knowledge.
Import: China will import Disney's investment and technology, including the financial capital, entertainment concepts, and operational expertise required to establish and run the theme park.
In terms of which country would benefit more if Disneyland Shanghai is successful, it is likely that China would experience greater benefits. The success of Disneyland Shanghai would contribute significantly to China's GDP through various channels:
Employment and economic activity: The theme park would create jobs and stimulate economic activity in the local region, leading to increased consumer spending and business opportunities.
Tourism and service exports: Disneyland Shanghai would attract both domestic and international tourists, generating revenue from ticket sales, merchandise, accommodations, and other related services. This would contribute positively to China's balance of payments.
Infrastructure development: The construction and ongoing maintenance of the theme park would require investments in infrastructure, transportation, and utilities, benefiting the local economy and contributing to China's overall development.
While the US would receive management fees and potential royalties, the direct economic impact on its GDP would be comparatively smaller. However, it's worth noting that the success of Disneyland Shanghai could indirectly benefit the US through increased cultural exchange, tourism between the two countries, and the positive reputation and image associated with a successful.
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for the year end 30 June 2011 Account code Account Description 1030 30-6-2010 Fixed assets 10,000 1040 Stock-finished goods 500 1050 Trade debtors 60,000 50,000 1070 Cash balances 28,500 18,500 1080 Trade creditors (80,000) (57,000) 1150 Share capital, reserves (24,000) (19,000) 1160 Sales (532,000) (466,000) 1170 Cost of sales 400,000 346,000 1180 Payroll expenses 65,000 58,000 1190 Other expenses 69,000 59,000 The following adjustment entries needs to be passed in the above trial balance Year 2011 500 1 Depreciation on fixed assets 300 2 Provision for doubtful debts 3000 Prepayments included in other expenses Please prepare the following statements with comparative figures after passing adjustment entries mentioned above the above given trial balance Statement of financial position a Statement of comprehensive income Statement of cash flows b C 30-6-2011 11,500 2,000 30-6-2009 12,000 600 $5,000 17,400 (60,000) (20,000) (480,000) 360,000 55,000 60,000 Year 2010 600 2500
Statement of Cash Flows is a financial statement that reports the company's cash inflows and outflows for a specific period. It categorizes the cash inflows and outflows into operating, investing, and financing activities
The formula for calculating the Statement of Financial Position is as follows:
Assets = Liabilities + Equity.
Statement of Financial Position is a financial statement that gives an estimate of the company's assets, liabilities, and equity at a specific period. It is usually prepared at the end of the fiscal year.
Here is the Statement of Financial Position using the adjusted trial balance figures of 30 June 2011 compared to 30 June 2010:
Statement of Comprehensive Income
The formula for calculating the Statement of Comprehensive Income is as follows:
Revenue - Expenses = Net Income
Statement of Comprehensive Income is a financial statement that reports the revenues and expenses of the company for a specific period and provides the net income or loss.
Here is the Statement of Comprehensive Income using the adjusted trial balance figures of 30 June 2011 compared to 30 June 2010:
Statement of Cash Flows
The formula for calculating the Statement of Cash Flows is as follows:Net Income + Non-Cash Expenses - Non-Cash Revenues = Cash Flows.
Statement of Cash Flows is a financial statement that reports the company's cash inflows and outflows for a specific period. It categorizes the cash inflows and outflows into operating, investing, and financing activities.Here is the Statement of Cash Flows using the adjusted trial balance figures of 30 June 2011 compared to 30 June 2010
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. describe the four phases of the traditional project life cycle. which phase do you think would be the most difficult one to complete?
The traditional project life cycle is a sequence of stages followed by organizations to manage a project.
The four phases of the traditional project life cycle are initiation, planning, execution, and closure.
Here is the description of four phases,
1.
Initiation phase starts with the idea of the project and goes through the analysis to determine whether the project should be pursued. In this phase, the requirements, goals, objectives, feasibility, and potential risks of the project are identified.
2.
In planning phase, the project plan is developed. This includes the project scope, project charter, project objectives, project management plan, project budget, project schedule, project resources, project risk management plan, project procurement plan, and project communication plan.
3.
In execution phase, the actual project work is done, and the project is monitored and controlled to make sure it is progressing as per the plan.
4.
In closure phase, the project is completed, and the final project deliverables are handed over to the client. Also, post-project reviews are conducted to determine if the project met its goals and objectives.
The most challenging phase of the traditional project life cycle is the execution phase.
This is because this is where the actual work is done, and the project team faces any challenges and issues that arise. The project team must work to stay within the budget, timeline, and scope of the project while delivering the final product that meets the project's goals and objectives. If the execution phase does not go well, it can lead to project failure, cost overruns, delays, and other issues.Learn more about the project life cycle:
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In 2021, the ongoing Covid-19 pandemic continued to be a challenging and difficult time
for societies across the globe. It demanded that companies worldwide continue to
commit to meeting the changing needs of their employees and the wider world around
them, said chief executive of Top Employers Institute David Plink.
"Reflecting on the demanding year that has, like the year before it, impacted
organisations across the world. We are happy to see those certified organisations in
Africa have continued to prioritise maintaining excellent people practices in the
workplace.
"This statement implies that companies and organizations need to ensure that they are keeping up with the changing needs of their employees and the world around them."
In 2021, the Covid-19 pandemic continued to create challenging and difficult situations for societies all over the world. The chief executive of Top Employers Institute, David Plink, has said that the situation demanded that companies across the globe continue to meet the changing needs of their employees and the wider world around them. He added that "Reflecting on the demanding year that has, like the year before it, impacted organizations across the world. We are happy to see those certified organizations in Africa have continued to prioritize maintaining excellent people practices in the workplace.
"This statement implies that companies and organizations need to ensure that they are keeping up with the changing needs of their employees and the world around them. Companies and organizations should prioritize people practices in the workplace, such as ensuring employee well-being and safety, as well as maintaining their commitments to their broader community. Top Employers Institute encourages companies and organizations to continue to prioritize excellent people practices in their workplaces, especially during challenging times like the Covid-19 pandemic.
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The manager of the Oak Hills Swimming Club is planning the club's swimming team program. The first team practice is scheduled for May 1. The activities, their immediate predecessors, and the activity time estimates (in weeks) are as follows:
the project manager must focus on managing the critical path activities to ensure that the Oak Hills Swimming Club's swimming team program is completed on time. They can use the information from the critical path analysis to develop contingency plans to minimize project delays and ensure project success
The given data of the activities, their immediate predecessors, and the activity time estimates in weeks are used to develop a network diagram and critical path analysis of the Oak Hills Swimming Club's swimming team program. Network diagrams help project managers to keep track of project progress, identify possible project delays, and recognize which activities are critical to the project's completion.The given data has been represented in the form of a network diagram as shown below:The critical path for this project is D, E, F, G, H with a total duration of 10 weeks. This means that if any of the activities in this path are delayed, it will delay the entire project.The project manager can use this critical path information to focus their efforts on managing these critical activities carefully and ensuring they stay on track. For instance, they can reduce the activity time of an activity by assigning more resources to it. In contrast, they can also delay a non-critical activity to ensure that the critical activities are completed on time.In conclusion, the project manager must focus on managing the critical path activities to ensure that the Oak Hills Swimming Club's swimming team program is completed on time. They can use the information from the critical path analysis to develop contingency plans to minimize project delays and ensure project success. This project needs an answer more than 100 words.
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True or False: A credit spread is the difference in yield between a U.S. Treasury bond and another debt security of the same credit quality, but a different maturity.
Analyze if contract manufacturing as an important alternative
can address the production constraints faced by Mamart Foods.
Mamart Foods, a food processing business, is dealing with production constraints. The constraints facing Mamart Foods are resulting from their equipment's age, lower production rates, and a lack of technical staff. The company's production system has become obsolete, necessitating a significant overhaul. Thus, the company is experiencing production shortages, causing them to lose a substantial market share.
Contract manufacturing is one of the alternatives that can aid in the situation. Contract manufacturing involves hiring other businesses to manufacture goods on a contract basis. This form of production is used by businesses that require the manufacturing of customised or specialised products but lack the expertise, time, or equipment to complete the task. The business can then concentrate on the distribution and marketing of the goods.
Contract manufacturing is a viable solution for Mamart Foods, as it provides a way for the company to scale up production while reducing capital expenditure. Additionally, it allows Mamart Foods to focus on distribution and marketing while the contracted company works on production. The process of contract manufacturing is also advantageous to Mamart Foods in terms of lead time.
The contracted company can produce goods in a relatively shorter time frame than in-house manufacturing.However, there are potential challenges that Mamart Foods may face with contract manufacturing. One such obstacle is the difficulty of finding a reputable contracting company.
Additionally, the lack of control over the production process is another potential challenge. The company must also provide an adequate quantity of raw materials, which could result in higher costs. Nevertheless, contract manufacturing remains a viable solution for Mamart Foods to address their production constraints.
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Prepare the journal entry for the following transactions for Famous Company. Famous Company is a merchandising company that trades in electronic devices. Aug 1 Purchased 8,000 BD of merchandise inventory and immediately paid 8,000 BD cash. Paid 300BD cash for shipping the merchandise purchased on Aug 3.
Journal entries for the following transactions of Famous Company: Famous Company is a merchandising company that trades in electronic devices.
Aug 1: Purchased 8,000 BD of merchandise inventory and immediately paid 8,000 BD cash.
Accounts Involved: Inventory account and Cash account.
Accounts to be Debited or Credited.
Inventory 8,000
To Cash 8,000
(Note: When the merchandise inventory is purchased, we increase the inventory account, and decrease the cash account because the purchase is made in cash.)
Aug 3: Paid 300BD cash for shipping the merchandise purchased on Aug 1.
Accounts Involved: Freight-Out account and Cash account.
Accounts to be Debited or Credited.
Freight-Out 300
To Cash 300
(Note: Freight-out is a type of expense. When we pay the amount to the transporter for shipping the goods, we increase the freight-out expense account and decrease the cash account because the payment is made in cash.)
The above transactions are recorded in the accounting records of Famous Company using the journal entries as shown above.
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Promote a healthy snack bar that you have recently launched or a healthy food restaurant that you've just opened to a targeted segment in Palestine. You should apply the different concepts, theories and tools you learned throughout this course. The snack bar or restaurant you would like to launch is supposed to satisfy the needs, desires, or preferences of a certain segment or provide your targeted segment with benefits or solutions. The following prompts should guide you in writing up your term paper: (5 points each) Start by specifying whether you're promoting a healthy snack bar or a healthy food restaurant then define your targeted market: Explain how you can motivate the target consumers to buy your snack bar or frequent your restaurant. You should also reflect certain terminal values underlying your snack bar or your restaurant by constructing a means-end chain model
If you were promoting a healthy snack bar or a healthy food restaurant in Palestine, your target market could be health-conscious individuals, fitness enthusiasts, or people seeking nutritious and delicious food options.
To motivate the target consumers and encourage them to buy your snack bar or frequent your restaurant, you can employ the following strategies:
1. **Promote Health Benefits**: Emphasize the health benefits of your offerings, such as using organic ingredients, offering low-calorie options, or highlighting specific nutrients that support well-being. Communicate the positive impact on physical health, energy levels, and overall wellness that customers can experience by choosing your snack bar or restaurant.
2. **Create an Appealing Menu**: Design a diverse and enticing menu featuring a variety of healthy options, including vegan, gluten-free, and allergen-friendly choices. Highlight the use of fresh, locally sourced ingredients and creative recipes that deliver both nutrition and flavor. Provide detailed nutritional information to instill confidence in customers about the quality and value of your offerings.
3. **Deliver Convenience**: Focus on convenience factors that make it easy for customers to choose your snack bar or restaurant. Offer grab-and-go options, provide online ordering for pickup or delivery, and ensure efficient service. Highlight the time-saving aspect of healthy meals and snacks, catering to busy individuals who prioritize health but have limited time.
4. **Cultivate a Welcoming Environment**: Create a warm and inviting ambiance in your snack bar or restaurant to make customers feel comfortable and relaxed. Incorporate elements of nature, use sustainable materials, and foster a friendly and inclusive atmosphere. This will appeal to customers seeking not just healthy food but also a positive dining experience.
When constructing a means-end chain model, you would need to identify the terminal values associated with your snack bar or restaurant. For example, if one of your terminal values is "well-being," the means-end chain might include elements like nutritious ingredients (means) leading to a healthier lifestyle (end), ultimately resulting in increased well-being (terminal value). By establishing a clear connection between means (features, attributes) and ends (values, benefits), you can communicate the underlying values of your snack bar or restaurant effectively.
Remember to tailor your marketing messages, channels, and promotional activities to resonate with your target market in Palestine, taking into account cultural sensitivities, local preferences, and specific health concerns.
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A financial analyst recorded the quarterly returns on investment for three shares and stored the data in file 2RETURN.xlsx. Using the data and performing the calculations in EXCEL, answer the following questions.
A. a Calculate the mean and variance of each of the three shares.
b If you wish to construct a portfolio that maximises the expected return, what should you do?
c If you wish to construct a portfolio that minimises the risk, what should you do?
B. a Find the expected value and variance of the following portfolio:
Share 1 30%
Share 2 40%
Share 3 30%
To answer these questions, we need access to the data in file 2RETURN.xlsx. Since I don't have access to external files, I won't be able to perform the calculations directly. However, I can explain the steps you need to take to calculate the required values in Excel.
A. Mean and Variance Calculation:
Open the file 2RETURN.xlsx in Excel. Identify the columns or cells that contain the quarterly returns for each of the three shares. Calculate the mean of each share by using the AVERAGE function in Excel. Select the range of data for each share and apply the AVERAGE function. Calculate the variance of each share using the VAR function in Excel. Again, select the range of data for each share and apply the VAR function.
b. Maximizing Expected Return:
To construct a portfolio that maximizes the expected return, you should allocate a larger percentage of your investment to shares that have higher expected returns. Identify the share with the highest expected return and allocate a higher proportion of your investment to that share.
c. Minimizing Risk:
To construct a portfolio that minimizes risk, you should allocate your investment across shares in a way that diversifies your risk. Identify the share with the lowest variance or standard deviation, as it represents the least risky option. Allocate a larger proportion of your investment to that share, while reducing the allocation to shares with higher risk.
B. Expected Value and Variance of the Portfolio:
Determine the expected returns of each share in the portfolio, based on the given percentages. Multiply each share's expected return by its corresponding weight (percentage) in the portfolio. Sum up the weighted expected returns to calculate the expected value of the portfolio. Calculate the variance of the portfolio using the weighted variances of each share and the covariance between the shares.
Please note that without access to the actual data in file 2RETURN.xlsx, I cannot provide specific calculations or values. However, following the steps outlined above using the actual data from the file will allow you to obtain the mean, variance, expected value, and variance of the portfolio as required.
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From an organisational point of view, which fundamental function out of the 2 (Controlling / Organising) do you believe is more important & why do you believe so?From an organisational point of view, which fundamental function out of the 2 (Controlling / Organising) do you believe is more important & why do you believe so? What are the basic ground rules for effective delegation in organisations?
From an organizational point of view, I believe that both controlling and organizing are important fundamental functions.
The basic ground rules for effective delegation in organizations are as follows:1. Clear communication: Communicate the purpose of delegation, the specific task, and the expectations of the employee.2. Assign tasks according to abilities: Ensure that the employees have the necessary skills and training to complete the task assigned to them.
While organizing is required to achieve goals, controlling is necessary to ensure that they are achieved correctly and with the right results. Ground rules for effective delegation in organizations include clear communication, assigning tasks according to abilities, defining responsibility and authority, establishing checkpoints, avoiding micromanagement, and rewarding and recognizing employees for a job well done.
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a. jackson manages his father's fruit stand. he takes an accounting of all of the company's assets, including equipment, tools, financial assets, and inventory. these items are examples of
Jackson manages his father's fruit stand. He takes an accounting of all of the company's assets, including equipment, tools, financial assets, and inventory. These items are examples of company assets.What are assets?Assets refer to economic resources, property or rights that an individual, company, or country possesses.
Accounting measures and tracks the activities of these assets over time. They can either be tangible, such as buildings, machinery, and inventory, or intangible, such as patents, trademarks, copyrights, and goodwill.Equipment and tools are examples of tangible assets, while financial assets are intangible assets. They differ in that tangible assets can be seen, touched, and felt, while intangible assets cannot be seen, touched, or felt. In the case of Jackson's father's fruit stand, inventory would be a current asset.
When U.S. firms substitute labor outside of the U.S. for labor inside the U.S., Panel A represents what happens in the U.S. job market in the short run.What does Panel A represent in the U.S. job market?In Panel A, the SRAS curve shifts to the right in response to a decline in the cost of labor-intensive production inputs. This causes output to rise in the short term while pushing prices down or keeping them stable. The unemployment rate is expected to increase in the short term since there is a rise in the supply of labor.However, in the long run, the SRAS curve shifts back to the original position. In the long term, the economy will return to its potential output level and the unemployment rate will return to the natural rate. Additionally, while wages and employment levels for labor-intensive industries fall, wages and employment levels for capital-intensive industries increase since the demand for capital-intensive products will rise.
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The Foundational 15 (Algo) [LO2-1, LO2-2, LO2-3, LO2-4) (The following information applies to the questions displayed below) Sweeten Company had no jobs in progress at the beginning of the year and no beginning inventories. It started, completed, and sold only two jobs during the year-Job P and Job Q. The company uses a plantwide predetermined overhead rate based on machine-hours. At the beginning of the year, it estimated that 4,000 machine-hours would be required for the period's estimated level of production, Sweeten also estimated $32,200 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $3.50 per machine-hour. Because Sweeten has two manufacturing departments --Molding and Fabrication-It is considering replacing its plantwide overhead rate with departmental rates that would also be based on machine-hours. The company gathered the following additional information to enable calculating departmental overhead rates: Molding Tabrication Total Estimated total machine-hours used 2,500 1,500 4,000 Estimated total fixed manufacturing overhead $ 14,500 $ 17,700 $ 12.200 Estimated variable manufacturing overhead per machine-hour $ 3.20 $ 4.00 The direct materials cost, direct labor cost, and machine-hours used for Jobs P and Q are as follows: Job P Job o Direct materials $ 31,000 Direct labor cost $ 35,400 $ 14,700 Actual machine-hours used Molding 3,500 2,600 Pabrication 2,400 2.700 Total 5.900 5,300 Sweeten Company had no overapplied or underapplied manufacturing overhead costs during the year. Required: For questions 1-8, assume that Sweeten Company uses a plantwide predetermined overhead rate with machine-hours as the allocation base. For questions, 9-15, assume that the company uses predetermined departmental overhead rates with machine-hours as the allocation base in both departments. $ 17,000 Winwide predetermined overhead rate with machine-hours as the allocation base. For questions, 9-15, assume that the company uses predetermined departmental overhead rates with machine-hours as the allocation base in both departments, Foundational 2-15 (Algo) 15. What is Sweeten Company's cost of goods sold for the year? (Do not round intermediate calculations.) Cost of goods sold
The cost of goods sold for Sweeten Company can be calculated as follows;
Under plant-wide overhead rate;
To compute the plant-wide predetermined overhead rate, first, add up the total estimated overhead cost and divide it by the total estimated machine-hours:
(Fixed overhead costs + Variable overhead costs)/Total estimated machine-hours = ($32,200 + ($3.50 x 4,000))/4,000 = $45,700/4,000 machine-hours = $11.43 per machine-hour Job P Job Q Total
Direct materials cost $31,000 $17,000 $48,000
Direct labor cost $35,400 $22,800 $58,200
Manufacturing overhead applied ($11.43 per MH) $44,116 $28,814 $72,930
Total cost $110,516 $67,614 $178,130 Under predetermined departmental overhead rates;First, determine the overhead rates for each department:
(Fixed overhead costs + Variable overhead costs)/Total estimated machine-hours = $14,500/2,500 machine-hours = $5.80 per machine-hour for Molding
(Fixed overhead costs + Variable overhead costs)/Total estimated machine-hours = $17,700/1,500 machine-hours = $11.80 per machine-hour for Fabrication
Then, use the overhead rates to allocate overhead costs to each job. Job P Job Q Total
Direct materials cost $31,000 $17,000 $48,000
Direct labor cost $35,400 $22,800 $58,200
Manufacturing overhead applied:
Molding ($5.80 per MH x 3,500) $20,300 ($5.80 per MH x 2,600) $15,080 $35,380
Fabrication ($11.80 per MH x 2,400) $28,320 ($11.80 per MH x 2,700) $31,860 $60,180
Total cost $124,700 $86,740 $211,440
The cost of goods sold for Sweeten Company is $211,440.
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crisis communication question
2- Write a total of 600 words... explaining the benitfits and drawbacks of using social media in crisis communications (make sure what you write is clear and understandable).
Title: Benefits and Drawbacks of Using Social Media in Crisis Communications
Introduction:
In today's digital age, social media has become an essential communication tool, particularly during times of crisis. It offers organizations the ability to disseminate information quickly, engage with stakeholders, and manage their reputation. However, while social media provides numerous benefits for crisis communications, it also comes with certain drawbacks that organizations need to consider. This article will explore the benefits and drawbacks of using social media in crisis communications.
Benefits of Using Social Media in Crisis Communications:
1. Real-Time Information Dissemination:
Social media platforms enable organizations to rapidly share important updates, news, and safety information with their stakeholders during a crisis. This real-time communication helps in ensuring that accurate and timely information reaches a large audience, enabling them to stay informed and take appropriate actions. Social media platforms also allow for immediate two-way communication, facilitating dialogue between the organization and its stakeholders.
2. Widening Reach and Engagement:
Social media offers a vast audience reach, allowing organizations to connect with a larger and more diverse group of stakeholders, including customers, employees, media outlets, and the general public. This broader reach increases the chances of disseminating critical information to a wider audience, ensuring that key messages are seen and shared by various individuals and communities. Social media platforms also enable stakeholders to engage directly with the organization, fostering a sense of transparency and building trust.
3. Rapid Crisis Response and Monitoring:
During a crisis, social media provides organizations with a platform for swift response and proactive crisis management. By monitoring social media conversations and sentiments, organizations can identify emerging issues, address concerns, and correct misinformation promptly. This allows organizations to maintain control over the narrative and counteract negative sentiment effectively.
Drawbacks of Using Social Media in Crisis Communications:
1. Spread of Misinformation and Rumors:
While social media offers the ability to disseminate information rapidly, it also increases the risk of misinformation and rumors spreading quickly. In a crisis situation, false information can cause panic, confusion, and damage to an organization's reputation. Organizations must be vigilant in monitoring social media platforms, verifying information before sharing it, and actively debunking rumors to ensure accurate information prevails.
2. Lack of Control and Security:
Social media platforms operate in an open and public space, which means that organizations have limited control over the narrative and the content shared by others. This lack of control poses challenges for managing the organization's reputation and preventing the spread of harmful or false information. Moreover, social media platforms can be vulnerable to hacking, data breaches, and unauthorized account access, which can further complicate crisis communications.
3. Overwhelm and Information Overload:
During a crisis, the influx of information on social media can be overwhelming for organizations and their stakeholders. Sorting through a high volume of posts, comments, and messages can be time-consuming, making it challenging to prioritize and respond to all inquiries and concerns promptly. Additionally, the fast-paced nature of social media can result in information overload for stakeholders, making it harder for them to discern accurate information from noise.
Conclusion:
Social media has revolutionized crisis communications by providing organizations with powerful tools to disseminate information, engage with stakeholders, and manage their reputations during times of crisis. The benefits of real-time information dissemination, wider reach and engagement, and rapid crisis response make social media an invaluable asset. However, organizations must be mindful of the drawbacks, including the spread of misinformation, lack of control, and information overload. By leveraging the benefits and mitigating the drawbacks, organizations can effectively utilize social media as a strategic tool for crisis communications.
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Question 14 Decide whether the error may or may not be revealed by drafting a trial balance: Depreciation expense for P24,250 (half-year accrual was posted as debit to Depreciation expeme P48,500, credit to Accumulated Depreciation, P24,250.
a)Can be revealed, partial omission
b)May not be revealed; mathematical error
c)Can be revealed; different amounts posted
d)May not be revealed; incorrect account
Question 15 Decide whether the error may or may not be revealed by drafting a trial balance: An interest expense computed for P48,500 was posted as debit to interest expense P18,500, credit to interest payable P48.500
a-Can be revealed; partial omission
b-May not be revealed; mathematical error
c-Can be revealed, multiple entry
d-May not be revealed, incorrect account
Question 16 Failure to recognize the accrual of income earned but not yet collected will
a-understate assets and overstate net income
b-understate assets and understate net income
c-overstate liability and overstate net income
d-understate liability but overstate net income
Question 17 Which of the following best describes accrued revenue?
a-An adjusting entry in which revenue is recognized after the related cash receipt occurs
b-An adjusting entry in which expense is recognized after the related cash payment occurs
c-An adjusting entry in which revenue is recognized before the related cash receipt occurs An d-adjusting entry in which expense is recognized before the related cash payment occurs
Question 18 Which of the following is an example of accrued expense?
1 Point
a-A interest prepaid during the year but will be utilized next year
b-Rental revenue earned during the year but to be received next year
c-Depreciation expense for equipment purchased last year
d-Property tax incurred during the year to be paid next year
Depreciation expense for P24,250 (half-year accrual was posted as debit to Depreciation expense P48,500, credit to Accumulated Depreciation, P24,250 may be revealed by drafting a trial balance. The correct option is (a) Can be revealed, partial omission.
An interest expense computed for P48,500 was posted as debit to interest expense P18,500, credit to interest payable P48,500 may not be revealed by drafting a trial balance. The correct option is (b) May not be revealed; mathematical error.Question 16 - Failure to recognize the accrual of income earned but not yet collected will understate assets and overstate net income.
The correct option is (a) understate assets and overstate net income.Question 17 - The adjusting entry in which revenue is recognized before the related cash receipt occurs best describes accrued revenue. The correct option is (c) An adjusting entry in which revenue is recognized before the related cash receipt occurs.Question 18 - Property tax incurred during the year to be paid next year is an example of accrued expense. The correct option is (d) Property tax incurred during the year to be paid next year.
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