Questions
Pyramid Printing Company’s Controller, Sally Sound, and the Production Manager, Darrell Dailey, once again discuss potential...

Pyramid Printing Company’s Controller, Sally Sound, and the Production Manager, Darrell Dailey, once again discuss potential operational improvements. After successfully implementing JIT and subletting the warehouse space, Pyramid was flush with cash. As a result, Darrell inquired whether it was time to purchase another press. Henry Hines, Pyramid Printing’s Sales Manager, suggested that the market be tested to ensure the press would be full in terms of capacity prior to use.

Sally and Darrell then discuss their choice of decision model; Sally prefers net present value, and Darrell prefers internal rate of return. Consider the use of these models. Which model is better for use? Are there circumstances one must consider regarding the outcomes of these two decision models? Do these models both deliver the same level of accuracy for decision making?

Please provide detail information..

In: Accounting

Pyramid Printing Company’s Controller, Sally Sound, and the Production Manager, Darrell Dailey, once again discuss potential...

Pyramid Printing Company’s Controller, Sally Sound, and the Production Manager, Darrell Dailey, once again discuss potential operational improvements. After successfully implementing JIT and subletting the warehouse space, Pyramid was flush with cash. As a result, Darrell inquired whether it was time to purchase another press. Henry Hines, Pyramid Printing’s Sales Manager, suggested that the market be tested to ensure the press would be full in terms of capacity prior to use.

Sally and Darrell then discuss their choice of decision model; Sally prefers net present value, and Darrell prefers internal rate of return. Consider the use of these models. Which model is better for use? Are there circumstances one must consider regarding the outcomes of these two decision models? Do these models both deliver the same level of accuracy for decision making? Please provide detailed information with refference

In: Accounting

Mr April has been left 30,000 € which he plans to invest on the Stock Exchange...

Mr April has been left 30,000 € which he plans to invest on the Stock Exchange in order to have a source of capital should he decide to start his own business in a few years’ time. A friend of his who works in the City of London has told him that the London Stock Exchange shows strong form market efficiency.

If this is the case, which of the following investment strategies should Mr April follow?

Select one:

a. Study the company reports in the press and try to spot under-valued shares in which to invest.

b. Invest in two or three blue chip companies and hold the shares for as long as possible

c. Build up a good spread of shares in different industry sectors

d. Study the company reports in press and try to spot strongly growing companies in which to invest

In: Accounting

4). Commemorative coins are being struck at the local foundry. A gold blank (a solid gold...

4). Commemorative coins are being struck at the local foundry. A gold blank (a solid gold disc with no markings on it) is inserted into a hydraulic press and the obverse design is pressed onto one side of the disc (this step fails with probability 0.15). The work is examined and if the obverse pressing is good, the coin is put into a second hydraulic press and the reverse design is imprinted (this step fails with probability 0.08). The completed coin is now examined and if of sufficient quality is passed on for finishing (cleaning, buffing, and so on). Twenty gold blanks are going to undergo pressing for this commemorative coin. Assume that all pressings are independent of each other.

4a: What are the mean and variance of the number of good coins manufactured?

4b: If the blanks cost $300 each and the labor to produce the finished coins costs $3,000, what is the probability that the production cost to make the 20 coins (labor and materials) can be recovered by selling the coins for $500 each?

In: Statistics and Probability

Resource: the Equal Employment Opportunity Commission (EEOC) website Explore the EEOC website to learn about the...

Resource: the Equal Employment Opportunity Commission (EEOC) website

Explore the EEOC website to learn about the organization.

Click the About the EEOC link and select Newsroom. Select a press release about an employee lawsuit published within the last six months.

Search the Internet to find at least one news item about this lawsuit, preferably from a news source in the state in which the incident occurred.

Write a 1,050- to 1,400-word paper that includes the following:

  • A description of the compliance issue that led to the lawsuit and its ramifications for the organization
  • A brief summary of the functions of the EEOC in one paragraph
  • The EEOC's role in this lawsuit
  • Whether or not this lawsuit promotes social change; justify your reasoning
  • A comparison of the EEOC press release to the news item. What accounts for the differences?
  • Strategies you would implement, if you were a senior manager of this company, to ensure future compliance and inclusion in the multicultural workplace

In: Economics

Purple Haze Machine Shop is considering a four-year project to improve its production efficiency. Buying a...

Purple Haze Machine Shop is considering a four-year project to improve its production efficiency. Buying a new machine press for $589,114 is estimated to result in $190,416 in annual pretax cost savings. The press falls in the MACRS five-year class, and it will have a salvage value at the end of the project of $109,288. The shop's tax rate is 29 percent. What is the OCF for year 4? (Round your final answer to the nearest dollar amount. Omit the "$" sign and commas in your response. For example, $123,456.78 should be entered as 123457.) Modified ACRS Depreciation Allowances (Table 10.7) Year Three-Year Five-Year Seven-Year 1 33.33% 20.00% 14.29% 2 44.45 32.00 24.49 3 14.81 19.20 17.49 4 7.41 11.52 12.49 5 11.52 8.93 6 5.76 8.92 7 8.93 8 4.46

In: Finance

Question Part a: A manager is evaluating production and inventory. In looking over the data, he...

Question

Part a: A manager is evaluating production and inventory. In looking over the data, he decides that a product should be continued if it sold 23,000 over the previous year. In addition, the product is considered “popular” if it receives 50 mentions by the local press over the past year.

In selecting a product at random from the catalog, let C be the likelihood that this particular product sold 23,000 products the past year. Let P be the likelihood that the product received the 50 or more mentions by the local press.

The analyst determines that P(C) = 0.297, P(P) = 0.162, and the probability that a product has sold 8000 items, and was ‘popular’ is 0.083. What is the probability that a randomly selected product either sold the requisite 23,000 items, or that it is ‘popular’?

Part b: Where would the analyst have come up with the probaility values for P(C) andP(P)?

In: Statistics and Probability

Flexible Overhead Budget Carson Wood Products Company prepared the following factory overhead cost budget for the...

Flexible Overhead Budget Carson Wood Products Company prepared the following factory overhead cost budget for the Press Department for April of the current year, during which it expected to require 9,000 hours of productive capacity in the department: Variable overhead cost: Indirect factory labor $70,200 Power and light 2,610 Indirect materials 25,200 Total variable overhead cost $98,010 Fixed overhead cost: Supervisory salaries $34,300 Depreciation of plant and equipment 21,560 Insurance and property taxes 13,720 Total fixed overhead cost 69,580 Total factory overhead cost $167,590 Assuming that the estimated costs for May are the same as for April, prepare a flexible factory overhead cost budget for the Press Department for May for 7,000, 9,000, and 11,000 hours of production. Round your interim computations to the nearest cent, if required. Enter all amounts as positive numbers.

In: Accounting

PYTHON Exercise 3. Phone Number and Email Address Extractor Say you have the boring task of...

PYTHON Exercise 3. Phone Number and Email Address Extractor

Say you have the boring task of finding every phone number and email address in a long web page or document. If you manually scroll through the page, you might end up searching for a long time. But if you had a program that could search the text in your clipboard for phone numbers and email addresses, you could simply press ctrl-A to select all the text, press ctrl-C to copy it to the clipboard, and then run your program. It could replace the text on the clipboard with just the phone numbers and email addresses it finds.

So, your phone and email address extractor will need to do the following: - Get the text off the clipboard. - Find all phone numbers and email addresses in the text. - Paste them onto the clipboard.

In: Computer Science

Authors Academic Press faces three potential contingency situations, described below

Authors Academic Press faces three potential contingency situations, described below. Authors’ fiscal year ends December 31, 2021.

 

Required:

Determine the appropriate means of reporting each situation for the year ended December 31, 2021, and record any necessary entries. Explain your reasoning.

1. In August 2021, a worker was injured in an accident, partially as a result of his own negligence. The worker has sued the company for $1.2 million. Legal counsel believes it is reasonably possible that the outcome of the suit will be unfavorable, and that the settlement would cost the company from $300,000 to $600,000.

2. A suit for breach of contract seeking damages of $3 million was filed by an author on October 4, 2021. Legal counsel believes an unfavorable outcome is probable. A reasonable estimate of the award to the plaintiff is between $1.5 million and $2.25 million. No amount within this range is a better estimate of potential damages than any other amount.

3. Authors is the plaintiff in a pending court case. Its lawyers believe it is probable that Authors will be awarded damages of $3 million.

In: Accounting