In: Economics
The dynamic changes occurring in the world today have profound implications for organizations as they adapt to remain competitive. How have changes in the world such as a globalized economy, increasing workplace diversity, and technological innovation affected the way in which organizations must operate in order to remain competitive? How are these issues related to leadership in an organization?
Post a summary of your thoughts regarding the implications of globalization, diversity, and technological innovation on organizations and their leaders. Based on your resources, include suggestions for strategies leaders should use to ensure that their organizations remain competitive.
In: Operations Management
Sony Corporation – Since its founding in 1960, Sony was always known for innovation and market leadership. But in the last 20 years, troubling issues have emerged to partially counter the many successes along the way. Research Sony and its subsidiaries, and answer the following questions:
Thank you!
In: Operations Management
PROMPT: After reading the poem, "One Today" by Richard Blanco, explain how the poem is a celebration of the "American Experience" and discuss whether you believe this work is still relevant in 2020.
In: Nursing
A Firm purchased an old Machinery for RM37,000 on 1 January, 2017 and spent RM3,000 on its overhauling. On 1 July 2018, another machine was purchased for RM 10,000. On 1 July 2019, the machinery which was purchased on 1 January 2017, was sold for RM28,000 and the same day a new machinery costing RM25,000 was purchased. On 1 July, 2020, the machine which was purchased on 1 July, 2018 was sold for RM2,000. Depreciation is charged at 10% per annum on straight line method. The firm changed the method and adopted diminishing balance method with effect from 1 January, 2018 and the rate was increased to 15% per annum. The books are closed on 31 December every year.
Required:-
Prepare Machinery account for four years from 1 January 2017.
In: Accounting
A Firm purchased an old Machinery for RM37,000 on 1 January, 2017 and spent RM3,000 on its overhauling. On 1 July 2018, another machine was purchased for RM 10,000. On 1 July 2019, the machinery which was purchased on 1 January 2017, was sold for RM28,000 and the same day a new machinery costing RM25,000 was purchased. On 1 July, 2020, the machine which was purchased on 1 July, 2018 was sold for RM2,000. Depreciation is charged at 10% per annum on straight line method. The firm changed the method and adopted diminishing balance method with effect from 1 January, 2018 and the rate was increased to 15% per annum. The books are closed on 31 December every year.
Required:
Prepare Machinery account for four years from 1 January, 2017.
In: Other
Copper Explorations
recently acquired the rights to mine a new site. Equipment and a
truck were purchased to begin mining operations at the site.
Details of the mining assets follow:
| Asset | Date of Purchase | Cost |
Est. Residual |
Est. Life | ||||||
| Mineral rights | Mar. 1/20 | $ | 96,000 | $ | 0 | 4 yrs | ||||
| Equipment | Mar. 1/20 | 283,800 | 0 | 4 yrs | ||||||
| Truck | Mar. 1/20 | 134,400 | 0 | 4 yrs | ||||||
Copper's year-end is December 31 and it uses the straight-line
method for all mining assets including intangibles.
Required:
1. Record amortization and depreciation at December 31,
2020, on the mining assets, including the mineral rights.
2.
Assume the mine was closed on October 31, 2023, and the assets were
scrapped. Record the disposal of the assets.
In: Accounting
In: Economics
Suppose A and B are closed subsets of R. Show that A ∩ B and A ∪ B are closed.
In: Advanced Math
Free Cash Flows
Rhodes Corporation’s financial statements are shown below.
Rhodes Corporation: Income Statements for Year Ending
December 31
(Millions of Dollars)
|
2020 |
2019 |
||||
|
Sales |
$ |
11,000 |
$ |
10,000 |
|
|
Operating costs excluding depreciation |
9,536 |
8,684 |
|||
|
Depreciation and amortization |
340 |
320 |
|||
|
Earnings before interest and taxes |
$ |
1,124 |
$ |
996 |
|
|
Less interest |
260 |
200 |
|||
|
Pre-tax income |
$ |
864 |
$ |
796 |
|
|
Taxes (25%) |
216 |
199 |
|||
|
Net income available to common stockholders |
$ |
648 |
$ |
597 |
|
|
Common dividends |
$ |
205 |
$ |
200 |
|
Rhodes Corporation: Balance Sheets as of December 31 (Millions of Dollars)
|
2020 |
2019 |
||||
|
Assets |
|||||
|
Cash |
$ |
550 |
$ |
500 |
|
|
Short-term investments |
230 |
200 |
|||
|
Accounts receivable |
2,750 |
2,500 |
|||
|
Inventories |
1,450 |
1,200 |
|||
|
Total current assets |
$ |
4,980 |
$ |
4,400 |
|
|
Net plant and equipment |
3,650 |
3,500 |
|||
|
Total assets |
$ |
8,630 |
$ |
7,900 |
|
|
Liabilities and Equity |
|||||
|
Accounts payable |
$ |
1,100 |
$ |
1,000 |
|
|
Accruals |
550 |
500 |
|||
|
Notes payable |
190 |
100 |
|||
|
Total current liabilities |
$ |
1,840 |
$ |
1,600 |
|
|
Long-term debt |
1,100 |
1,000 |
|||
|
Total liabilities |
$ |
2,940 |
2,600 |
||
|
Common stock |
4,347 |
4,400 |
|||
|
Retained earnings |
1,343 |
900 |
|||
|
Total common equity |
$ |
5,690 |
$ |
5,300 |
|
|
Total liabilities and equity |
$ |
8,630 |
$ |
7,900 |
|
Suppose the federal-plus-state tax corporate tax is 25%. Answer the following questions.
2020: $ million
2019: $ million
$ million
|
After-tax interest payment |
$ million |
|
Reduction (increase) in debt |
$ million |
|
Payment of dividends |
$ million |
|
Repurchase (Issue) stock |
$ million |
|
Purchase (Sale) of short-term investments |
$million |
In: Accounting