Chapter 4 Lecture Assignment (part 1)

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Appendix: Completing an End-of-Period Spreadsheet

Alert Security Services Co. offers security services to business clients. Complete the following end-of-period spreadsheet for Alert Security Services Co. If a box does not require an entry, leave it blank.

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Chapter 4 Lecture Assignment (part 1)

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EX.04-25.ALGO

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Appendix: Adjustment Data on an End-of-Period Spreadsheet

Alert Security Services Co. offers security services to business clients. The trial balance for Alert Security Services Co. has been prepared on the following end-of-period spreadsheet for the year ended October 31, 2019. In addition, the data for year-end adjustments are as follows:

Fees earned, but not yet billed, $13.

Supplies on hand, $4.

Insurance premiums expired, $10.

Depreciation expense, $3.

Wages accrued, but not paid, $1.

Enter the adjustment data, and place the balances in the Adjusted Trial Balance columns. If a box does not require an entry, leave it blank.

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The Big Mac and Moscow Machinations

You are about to read a short case about American businesses in Russia and the difficulties they face. You will be asked to answer questions linking your knowledge from the chapter to the situation detailed in the case.

Review the text material on the evolving state of trade in Eastern Europe and the former Soviet states, and strategic implications for marketing in the area. Then read the following short case. When you have finished reading the case, answer the questions that follow.

Many American executives complain about the difficulties of doing business in China. As we report in Chapter 11, their Ease of Doing Business ranking is #99—about in the middle of the 187 nations ranked. Russia comes in worse at #111. And their ranking will be worse in 2014, particularly if you ask McDonald’s about things in Moscow these days.

The New York Times reported, “The scene was strait out of the ‘C.S.I.,’ food safety edition. At a McDonald’s in a provincial town northwest of here, health inspectors in lab coast swooped in for a surprise check.” Based on their investigation, the Russian authorities sued to ban sales of several products including cheeseburgers, fish sandwiches, and some desserts because the calorie counts didn’t with the menus.

The Russian courts closed nine stores immediately, including the very first and still busiest location in Moscow’s Pushkin Square. McDonald’s was seemingly at war with Russia for the better part of 2014. Earlier in that year, political tensions began to rise between America and Russia after the conflict over Ukraine and the annexation of Crimea. While dealing with Western sanctions, Russian officials seem to be using McDonald’s—a highly visible American presence within the country—as an example.

In August, Russia banned all edible imports—including cheese and vegetables—from the United States, Canada, the European Union, and more in response to Western sanctions. Other American companies are suffering similar harassment, such as ExxonMobil, Schumberger, Jack Daniels, Visa, and Condé Nast. In the case of Condé Nast, the magazine company is being forced to sell controlling ownership to a Russian partner because foreign media ownership rules have been changed.

The row between Russia and Ukraine started about a decade ago—the issue was a price dispute over natural gas shipped to the Ukraine and the EU via Ukraine pipelines. Leaders of the two countries reached agreements in 2006, 2011, and again in 2014, the last being mediated by the EU. Crimea, with popular beaches, strategic port facilities, fossil fuel resources, and a 77 percent majority of Russian speakers, was annexed by Russia in 2014. But, it’s hard to imagine Russia being interested in taking more territory from their big CIS (not CSI!) neighbor (note the wide gap in income across the two populous countries). And circa 2015, Russia has substantial economic problems of its own, with oil prices dropping below $80 per barrel for the first time in recent memory.

Source: Khushbu Shah, “Nearly 200 McDonald’s in Russian to Undergo Government Inspections,” Eater.com, October 20, 2014, online; Andrew E. Kramer, “Enduring Russia’s Wrath,” The New York Times, November 7 2014, pp. B1, 8.

1) Although Russia and Ukraine are involved in a bitter dispute over land and natural gas, they are both members of the ______, which establishes free trade in the region.

A) European Union

B) Confederacy of Former Soviet States

C) Commonwealth of Independent States

D) Former Soviet Republic

E) Free Trade Union of Eastern Europe

2) Which of the following characterizes Russia’s current trade relationship with the United States?

A) strict import bans on edibles

B) free trade of all goods

C) minimal tariffs on imports

D) export embargoes on industrial products

E) high quotas on edible imports

3) What seems to be the real reason why Russia closed nine McDonald’s stores?

A) to protect the health of its people

B) to increase the sales of CIS fast food restaurants

C) to cut the CIS off from the Western world in favor of Chinese companies

D) to retaliate for Western sanctions related to the Ukraine annexation

E) to set an example for other members of the CIS who want to do business in Russia

4) Assuming that the dispute with Ukraine and resulting sanctions were not an issue, how might companies like Jack Daniels circumvent Russia’s protectionist policies on edible imports?

A) by selling products through a third party

B) by investing in production facilities in the CIS

C) by paying high tariffs on all exported goods

D) by opening retail stores in Russia

E) by making direct exchanges of American edibles for Russian edibles

In Python, create a program with 2 classes that do the following.

HashCreate class, this class will accept a directory and hash each file in the directory and store the results in a dictionary. The dictionary will contain the hash value and file name.

HashVerify, the second class will accept the dictionary as input and save that in an instance attribute. This class must also contain a method for lookups that require a file path as input. The lookup method will hash the file and lookup in the dictionary to see if the hash exists. If the hash exists, the lookup method will return true and a file name associated with it.

CP12-47 (similar to) Tree Top Company is considering raising additional capital for further expansion. The company wants to finance a new business venture into guided trips down the Amazon River in South America.​ Additionally, the company wants to add another building on their land to offer more services for local customers.

Tree Top Company plans to raise the capital by issuing $800,000 9​%,six​-year

bonds on January​ 2,2020.The bonds pay interest semiannually on June 30 and December 31. The company receive $798,680

when the bonds are issued.

The company also issues a mortgage payable for

$825,000

on January​ 2,

20202020.

The proceeds from the mortgage will be used to construct the new building. The mortgage requires annual payments of $55,000

plus interest for fifteen

​years, payable on December 31. The mortgage interest rate is

10​%

now record the semiannual bond interest payment on December​ 31,

2020

Use quantifiers, predicates, and relations (i.e., predicates with more than one variable) to symbolize the statements. Let the domain of discourse be all students in this class. Let R ( x, y ) = x reads y, P ( x, y ) = x plays y, V ( x, y ) = x visited y, L ( x, y ) = x learned foreign language y, T ( x, y ) = x has taken y, C ( x, y ) = x is a course in department y, and D ( x, y ) = x is a department in school y.

1. There is a student in this class who can read Hindi and Farsi.
2. Every student in this class plays some online game.
3. Some student in this class has visited Europe but has not visited South America.
4. All students in this class have learned at least one foreign language.
5. There is a student in this class who has taken every course offered by one of the departments in this school.