How do you describe Organizational Culture? Explain how we will manage organizational culture and innovation in the future. Please provide academic references and scholarly insight to support your suggestions.
In: Operations Management
In a certain town where all cars are either green or blue., there are 3 times more green cars than
the blue ones. Studies indicate that at a particularly dimly lighted pedestrian crossing at night the probability that a person correctly identifies the color of a green car is 0.68. The probability that they correctly identify the color of a blue car is 0.45. You were just hit by a car at that crossing and believe that the car was green.
i.
Draw a probability
tree representing these breakdowns.
ii. What is the probability that
you were actually hit by a green car?
In: Advanced Math
Caspian Sea Drinks is considering the purchase of a new water filtration system produced by Rube Goldberg Machines. This new equipment, the RGM-7000, will allow Caspian Sea Drinks to expand production. It will cost $14.00 million fully installed and will be fully depreciated over a 15 year life, then removed for no cost. The RGM-7000 will result in additional revenues of $2.95 million per year and increased operating costs of $655,972.00 per year. Caspian Sea Drinks' marginal tax rate is 35.00%. The internal rate of return for the RGM-7000 is _____
In: Finance
Lewis Securities Inc. has decided to acquire a new market data and quotation system for its Richmond home office. The system receives current market prices and other information from several online data services and then either displays the information on a screen or stores it for later retrieval by the firm’s brokers. The system also permits customers to call up current quotes on terminals in the lobby.
The equipment costs $1,000,000 and, if it were purchased, Lewis could obtain a term loan for the full purchase price at a 10% interest rate. Although the equipment has a 6-year useful life, it is classified as a special-purpose computer and therefore falls into the MACRS 3-year class. If the system were purchased, a 4-year maintenance contract could be obtained at a cost of $20,000 per year, payable at the beginning of each year. The equipment would be sold after 4 years, and the best estimate of its residual value is $200,000. However, because real-time display system technology is changing rapidly, the actual residual value is uncertain.
As an alternative to the borrow-and-buy plan, the equipment manufacturer informed Lewis that Consolidated Leasing would be willing to write a 4-year guideline lease on the equipment, including maintenance, for payments of $260,000 at the beginning of each year. Lewis’s marginal federal-plus-state tax rate is 40%. You have been asked to analyze the lease-versus-purchase decision and, in the process, to answer the following questions:
What is the net advantage to leasing (NAL)? Does your analysis indicate that Lewis should buy or lease the equipment? Explain.
Now assume that the equipment’s residual value could be as low as $0 or as high as $400,000, but $200,000 is the expected value. Because the residual value is riskier than the other relevant cash flows, this differential risk should be incorporated into the analysis. Describe how this could be accomplished. (No calculations are necessary, but explain how you would modify the analysis if calculations were required.) What effect would the residual value’s increased uncertainty have on Lewis’ lease-versus-purchase decision?
The lessee compares the present value of owning the equipment with the present value of leasing it. Now put yourself in the lessor’s shoes. In a few sentences, how should you analyze the decision to write or not to write the lease?
In: Accounting
Summarize and provide examples of corporate crimes that kill many people based on what you learned from the Ralph Nader video, "Why Aren't Corporate Crimes Prosecuted"?
In: Psychology
% Financed With Debt rd
0% ---
25 8.0%
33 8.5
45 10.0
55 12.0
If the company were to recapitalize, debt would be issued, and the funds received would be used to repurchase stock. Bernie’s Burgers is in the 28 percent state-plus-federal corporate tax bracket, its beta is 1.27, the risk-free rate is 6 percent, and the expected return on the market is 11 percent.
b.Calculate the cost of capital for each capital structure.
In: Finance
Consider the following mutually exclusive investments
T=0 |
1 |
2 |
|
Investment A: |
-200 |
40 |
210 |
Investment B: |
-200 |
170 |
70 |
In: Finance
Your swimming pool containing 84,000 gal of water has been contaminated by 6 kg of a nontoxic dye that leaves a swimmer's skin an unattractive green. The pool's filtering system can take water from the pool, remove the dye, and return the water to the pool at a flow rate of 250 gal/min.
(a) What is the initial value problem for the filtering process? Let q be the amount of dye in grams in the pool at any time t. dq dt = − 250q/84000 Correct: Your answer is correct. g/min, q(0) = Correct: Your answer is correct. grams
(b) Solve the problem in part (a).
(d) Find the time T at which the concentration of the dye first reaches the value of 0.03 g/gal. (Round your answer to two decimal places.) T = hr
(e) Find the flow rate r that is sufficient to achieve the concentration 0.03 g/gal within 4 h. (Round your answer to the nearest integer.) r = gal/min
In: Advanced Math
How does a value-returning function differ from the void functions? in pyhton
In: Computer Science
Periodic Inventory by Three Methods
The units of an item available for sale during the year were as follows:
Jan. 1 | Inventory | 1,080 units @ $124 |
Feb. 17 | Purchase | 1,440 units @ $125 |
July 21 | Purchase | 1,655 units @ $126 |
Nov. 23 | Purchase | 1,145 units @ $126 |
There are 1,220 units of the item in the physical inventory at December 31. The periodic inventory system is used.
a. Determine the inventory cost by the
first-in, first-out method.
$fill in the blank 1
b. Determine the inventory cost by the last-in,
first-out method.
$fill in the blank 2
c. Determine the inventory cost by the weighted
average cost method. Do not round intermediate calculation
and round final answer to the nearest whole dollar.
$fill in the blank 3
In: Accounting
Betty Vinson was the director of management reporting at WorldCom. She had worked there for five years when the fraud was uncovered and received two promotions during that time. Vinson’s salary increased from $50,000 when she started to $80,000 in 2002. Vinson reported to Buford Yates, director of general accounting, who reported to David Myers, senior vice president, and controller, who then reported to CFO Scott Sullivan. (See Figure 1 for an organizational chart.) A hard worker who often stayed late or brought work home, Vinson considered herself lucky to land the job at WorldCom, as it was located in her hometown of Clinton, Miss. Vinson graduated from Mississippi College in 1978 and married her college sweetheart, Tom Vinson, a printing-equipment salesman who earned $40,000 a year. The couple had one daughter and lived a typical suburban lifestyle. Prior to working at WorldCom, Vinson worked as an accountant for various banking enterprises in Louisiana and Kansas City from 1978 to 1996. She also earned the Certified Public Accountant (CPA) credential during that time.
Problems began to emerge in the telecommunications industry in the late 1990s. The industry had over expanded, and every company was beginning to feel the effects, including WorldCom. By 2000, WorldCom’s expenses were increasing faster than revenues. In September 2000, WorldCom had to find $828 million to meet earnings targets expected by Wall Street. Vinson and her accounting colleagues found $50 million, but it wasn’t nearly enough. Senior management instructed her and her accounting coworkers to reduce reserve accounts for line costs to cover this shortfall. Reserves had been set aside based on estimates of potential losses, but they needed to have enough reason to reduce the reserve. Meeting earnings targets wasn’t a valid reason. Sullivan pressed Myers and Vinson’s boss, Yates, to make this adjustment. Yates told his accounting team that he had reservations, too, but that Sullivan promised this was a one-time adjustment. They all agreed to go along with the accounting adjustment. Vinson felt uncomfortable with this and considered resigning. The corporate accounting department’s discomfort with the entries prompted Sullivan to call the accountants into his office. He used an analogy that WorldCom was an aircraft carrier, and they needed to land the planes that were in the air. He urged them to wait until the planes had landed, and then they could leave the company if they still wanted to. Sullivan assured them that nothing they would do was illegal and that it wouldn’t be repeated. After talking to her husband, Vinson decided against resigning because of her family’s dependence on her salary and health insurance. In April 2001, the gap in meeting earnings targets was $771 million. The reserve pools weren’t large enough to cover this gap. Sullivan’s new strategy was to shift line costs, recorded as expenses, to capital expenditure accounts. Yates objected. Sullivan insisted it was the only way to cover this gap. Vinson and her coworker both felt cornered; this was clearly fraudulent accounting. The only choices now were to resign or make the entries. The three-person accounting team identified the capital accounts to use, and Vinson made the entries to transfer the $771 million. She backdated entries to February in the computer system and then indicated to colleagues at WorldCom that she was going to look for another job. These entries continued quarterly through April 2002. The Securities & Exchange Commission (SEC) was informed of the problem in June 2002 as a result of the efforts of the WorldCom internal audit team. The SEC would ultimately charge CFO Scott Sullivan, Controller David Myers, and accountants Buford Yates, Troy Normand, and Betty Vinson. According to the SEC complaint: “At the direction of WorldCom senior management, Vinson and other WorldCom employees caused WorldCom to overstate materially its earnings in contravention of generally accepted accounting principles (GAAP) for at least seven successive fiscal quarters, from as early as October 2000 through April 2002. Vinson knew or was reckless in not knowing, that these entries were made without supporting documentation, were not in conformity with GAAP, were not disclosed to the investing public, and were designed to allow WorldCom to appear to meet Wall Street analysts’ quarterly earnings estimates
Mr. Sullivan said:
Paraphrase one of Sullivan’s
arguments?
This argument best describes the
____________________________________ “reason and rationalization”
of GVV because
In response to Mr. Sullivan’s argument, Betty or Troy could have
countered with something like:
Paraphrase another (a second) of Sullivan’s arguments, and follow
the format above, etc. . . .
In: Operations Management
How do job designs influence motivation and performance? Describe a job design that will be different in the future. What are the motivational opportunities of alternative work arrangements for the new working environment? Please provide academic references and scholarly insight to support your suggestions.
In: Operations Management
What are the major benefits of being able to share information in individual case safety reports (ICSRs) and view reports submitted in other countries?
In: Nursing
In: Computer Science
You own a lot in Key West, Florida, that is currently unused. Similar lots have recently sold for $1,390,000 million. Over the past five years, the price of land in the area has increased 5 percent per year, with an annual standard deviation of 26 percent. You would like an option to sell the land in the next 12 months for $1,540,000. The risk-free rate of interest is 3 percent per year, compounded continuously.
What is the price of the put option?
In: Finance