b) In John Grisham’s novel, “A Painted House”, the 7-year old Luke has the following thoughts: ..”If I told him about Hank, I knew exactly what would happen. He’d march me down the front yard and we’d have a confrontation… Hank would misjudge his opponent, and before long the stick would come into play….And we’d be left short-handed. I’d be expected to pick even more cotton. So I didn’t say a word.” Luke understands the need to choose the best strategy (in our class context, Game Theory), since he’d like to avoid doing more arduous labor than would otherwise be required of him. As a young child, you probably went through a similar train of thought that led you not to do something that would have been the morally correct thing to do. Give one example.

250 words required

A publisher for a promising new novel figures fixed costs​ (overhead, advances,​ promotion, copy​ editing, typesetting, and so​ on) at $51,000​, and variable costs​ (printing, paper,​ binding, shipping) at ​$1.70 for each book produced. With this​ pricing, 4147 books need to be produced and sold at $ 14.00 each for the publisher to break even. ​ However, rising prices for paper require an increase in variable costs to ​$2.20 for each book produced.

Use this information to complete parts a. through c.

a.  What strategies might the company use to deal with this increase in​ costs? Choose all that are reasonable.

A. Find different suppliers to try and lower the variable costs.

B. Increase the selling price of the book.

C. Decrease the fixed costs.

D. Increase the font size of the print in the book.

b.  If the company continues to sell books at ​$14, how many books must they now sell to make a​ profit?The publisher must produce and sell at least ___ books to make a profit.

​(Round up to the nearest whole​ book.)

Engaging in regular exercise has both psychological and physical benefits. You believe you have a novel way to help obese adults start and maintain a regular exercise program. Your idea is to have them visualizing themselves engaging in exercise (walking) via virtual reality for two weeks before having them actually go out and walk. From data compiled by the National Institutes of Health, you know that obese adults in the United States walk, on average, 0.40 miles per day, with a standard deviation equal to 0.16 miles, and that the distance walked per day by obese adults is normally distributed. You obtain a sample of 49 obese adults for your study, apply the exercise program, and determine that they walked, on average, 0.45 miles per day following the virtual reality intervention. You want to assess whether this intervention has been successful. So to get started on this study…

1. State a set of appropriate hypotheses for this study using statistical language and notation.

2. Are your hypotheses directional or non-directional?

3. Is your statistical test going to be a one-tailed or two-tailed test?

4. State an appropriate alpha level.

Case study: The recent outbreak of novel coronavirus (COVID-19) has introduced new challenges to the business environment. It is also having an impact on the global economy with tourism, aviation, education, and hospitality the initially hardest-hit industries. Almost all global supply-chains are affected at some level. Realistically, many sectors will be affected to different degrees, with many organizations implementing policies to limit employee travel and to prepare employees to work from home if necessary and if possible, to ensure the safety of their employees. The outbreak is moving quickly, and most countries are trying to respond quickly to contain the impact. However, the spread of the virus may continue through 2020 and impact the operations of many industries for months to come.

taking any university as an example

Q. Critically analyze the required types of change to minimize the impact of the COVID 19 virus on the university. Then analyze which images of change management could be adopted by the change agent to manage such a situation. (maximum 800 words )

What Can The Late George Steinbrenner and the New York Yankees Teach Us About Economies and Diseconomies of Scale? From 1972-1976 the Oakland A's and Cincinnati Reds won all five of baseball's World Series Championships. Despite this amazing success, only 5 of those players went on to the baseball Hall of Fame. These teams dominated baseball. That is a total of 660+ possible players with less than 1% of them making it to the Hall of Fame as part of baseball's elite. When George Steinbrenner took over the Yankees in the early 1970's he wanted to have the best players at every position. In 1977-1978 it worked - they won 2 straight World Series titles - only two of players on that team (both former Oakland A's) made it to the baseball Hall of Fame. Most of the other players on the team came through the Yankees minor league farm system or were received in trades. Despite all the NYY successes since George initially purchased the team, they have had only one player elected to the Baseball Hall of Fame in the Steinbrenner Era. In the 1980's George pushed for better players and he got them - stacking his teams with perennial All-Star caliber players, paying them untold millions of dollars in salary. What did He get for that? He got the Yankees to perform as one of the worst teams in baseball from 1982-1991....What happened? What did George S. not understand about Economies of Scale and Dis-economies of Scale?

Based on the Sporty Cars data, is "road test" a good predictor of Price at the 95% confidence level?

Select one: a. No, the R^2 statistic indicates that only 30% of the variability in price is explained by road test. b. No, the F-statistic indicates that the regression does not explain price significantly at the ninety five percent level. c. No, the t-statistic indicates that the coefficient on road test is not significantly different than zero at the 95% confidence level. d. All of the above are true.

How might the regression model be improved?

Select one:

a. Adding other explanatory variables such as years of age, miles and condition.

b. Adding data, including more observations for both price and road test score.

c. Both A and B could help improve model predictive accuracy.

d. Nothing can be done to improve regression accuracy; the results are final.

Background Information:

Please show work in Excel

In 2010, the Top-slice Golf Company decided to augment their very successful line of golf clubs with a new line of professional caliber golf balls. The executives at Top-Slice were aware of the difficulty of penetrating the golf ball market but feel, with their name recognition and the possibility of receiving endorsements from tour professionals that were playing Top-Slice clubs, chances for success were substantial. The company purchased $175 million of equipment and buildings in 2011 to begin production. The Top-Slice golf ball has not performed up to expectations. The tour professionals did not care for the ball and did not endorse it. Significant improvements in golf balls by Callaway and Nike and the continued dominance of the Titleist ProV1 series made entering the market very difficult.

On July 1, 2017, the Board of Directors voted to sell off the golf ball manufacturing division. The company continued to operate the facility at current levels of production until the sale of the division was completed on June 1, 2018. Top-Slice has a April 30 year end and the controller and CEO are concerned about the proper reporting for the disposal of the golf ball manufacturing division in the year-end April 30, 2018 financials. The company wants to issue the financial statements to the public by the end of June 2018.   You are to draft a report to the controller and CEO identifying the issues and accounting choices associated with reporting the disposal and the authoritative guidance that exists to determine the proper manner of reporting the assets, liabilities, and results of operation for the division.

Assignment 2

USE GAAP

INCLUDE US GAAP CODIFICATION (CITATIONS)

In 2010, the No-slice Golf Company decided to augment their very successful line of golf clubs with a new line of professional caliber golf balls. The executives at No-Slice were aware of the difficulty of penetrating the golf ball market but feel, with their name recognition and the possibility of receiving endorsements from tour professionals that were playing No-Slice clubs, chances for success were substantial. The company purchased $175 million of equipment and buildings in 2011 to begin production. The No-Slice golf ball has not performed up to expectations. The tour professionals did not care for the ball and did not endorse it. Significant improvements in golf balls by Callaway and Nike and the continued dominance of the Titleist ProV1 series made entering the market very difficult.

On July 1, 2017, the Board of Directors voted to sell off the golf ball manufacturing division. The company continued to operate the facility at current levels of production until the sale of the division was completed on June 1, 2018. No-Slice has a April 30 year end and the controller and CEO are concerned about the proper reporting for the disposal of the golf ball manufacturing division in the year-end April 30, 2018 financials. The company wants to issue the financial statements to the public by the end of June 2018.   You are to draft a report to the controller and CEO identifying the issues and accounting choices associated with reporting the disposal and the authoritative guidance that exists to determine the proper manner of reporting the assets, liabilities, and results of operation for the division.

In 2010, the Top-slice Golf Company decided to augment their very successful line of golf clubs with a new line of professional caliber golf balls. The executives at Top-Slice were aware of the difficulty of penetrating the golf ball market but feel, with their name recognition and the possibility of receiving endorsements from tour professionals that were playing Top-Slice clubs, chances for success were substantial. The company purchased $175 million of equipment and buildings in 2011 to begin production. The Top-Slice golf ball has not performed up to expectations. The tour professionals did not care for the ball and did not endorse it. Significant improvements in golf balls by Callaway and Nike and the continued dominance of the Titleist ProV1 series made entering the market very difficult.

On July 1, 2017, the Board of Directors voted to sell off the golf ball manufacturing division. The company continued to operate the facility at current levels of production until the sale of the division was completed on June 1, 2018. Top-Slice has a April 30 year end and the controller and CEO are concerned about the proper reporting for the disposal of the golf ball manufacturing division in the year-end April 30, 2018 financials. The company wants to issue the financial statements to the public by the end of June 2018.   You are to draft a report to the controller and CEO identifying the issues and accounting choices associated with reporting the disposal and the authoritative guidance that exists to determine the proper manner of reporting the assets, liabilities, and results of operation for the division.

Please search online business press and find a recent article related to “Accrual versus Cash Accounting,” “Revenue Recognition,” or “Accounting Fraud.” Then please provide the webpage link of the article together with the answers to the following questions.

Question 1: How is your article of choice related to topics above and why you think it is interesting?

Question 2: What are the practical implications of this article?