Questions
propose a solution to fix a current problem and a longer-term course of action to prevent...

propose a solution to fix a current problem and a longer-term course of action to prevent a long term problem in Nucor, innovation, And change the case. If there are no recognized issues, focus on the positives that make the organization work well.

In: Operations Management

Which of the following might be strong drivers of TFP? research/development in innovation capital accumulation government...

Which of the following might be strong drivers of TFP?

research/development in innovation

capital accumulation

government regulations and institutions high saving rates

both answer 1 & 3

Both answer 2 & 4

In: Economics

Is there more innovation in the PR field now than there was in the past? How...

Is there more innovation in the PR field now than there was in the past? How do todays trends compared to key events that shaped the PR profession in the past? Gove specific examples to support your claims and Rlrationale.

In: Psychology

Motivation is one of the major areas of interest in organizational behavior (OB). Properly motivating a...

Motivation is one of the major areas of interest in organizational behavior (OB). Properly motivating a workforce can lead to gains in productivity, innovation, and employee retention. There are three key elements of motivation. Please describe them.

In: Operations Management

Williams-Santana Inc. is a manufacturer of high-tech industrial parts that was started in 2009 by two...

Williams-Santana Inc. is a manufacturer of high-tech industrial parts that was started in 2009 by two talented engineers with little business training. In 2021, the company was acquired by one of its major customers. As part of an internal audit, the following facts were discovered. The audit occurred during 2021 before any adjusting entries or closing entries were prepared.

  1. A five-year casualty insurance policy was purchased at the beginning of 2019 for $33,000. The full amount was debited to insurance expense at the time.
  2. Effective January 1, 2021, the company changed the salvage value used in calculating depreciation for its office building. The building cost $604,000 on December 29, 2010, and has been depreciated on a straight-line basis assuming a useful life of 40 years and a salvage value of $120,000. Declining real estate values in the area indicate that the salvage value will be no more than $30,000.
  3. On December 31, 2020, merchandise inventory was overstated by $23,000 due to a mistake in the physical inventory count using the periodic inventory system.
  4. The company changed inventory cost methods to FIFO from LIFO at the end of 2021 for both financial statement and income tax purposes. The change will cause a $940,000 increase in the beginning inventory at January 1, 2022.
  5. At the end of 2020, the company failed to accrue $15,100 of sales commissions earned by employees during 2020. The expense was recorded when the commissions were paid in early 2021.
  6. At the beginning of 2019, the company purchased a machine at a cost of $680,000. Its useful life was estimated to be 10 years with no salvage value. The machine has been depreciated by the double-declining balance method. Its book value on December 31, 2020, was $435,200. On January 1, 2021, the company changed to the straight-line method.
  7. Warranty expense is determined each year as 1% of sales. Actual payment experience of recent years indicates that 0.70% is a better indication of the actual cost. Management effects the change in 2021. Credit sales for 2021 are $3,600,000; in 2020 they were $3,300,000.


Required:
For each situation:
1. Identify whether it represents an accounting change or an error. If an accounting change, identify the type of change. For accounting errors, choose "Not applicable".
2. Prepare any journal entry necessary as a direct result of the change or error correction, as well as any adjusting entry for 2021 related to the situation described. (Ignore tax effects.)

In: Accounting

Williams-Santana Inc. is a manufacturer of high-tech industrial parts that was started in 2009 by two...

Williams-Santana Inc. is a manufacturer of high-tech industrial parts that was started in 2009 by two talented engineers with little business training. In 2021, the company was acquired by one of its major customers. As part of an internal audit, the following facts were discovered. The audit occurred during 2021 before any adjusting entries or closing entries were prepared.

  1. A five-year casualty insurance policy was purchased at the beginning of 2019 for $31,000. The full amount was debited to insurance expense at the time.
  2. Effective January 1, 2021, the company changed the salvage value used in calculating depreciation for its office building. The building cost $568,000 on December 29, 2010, and has been depreciated on a straight-line basis assuming a useful life of 40 years and a salvage value of $100,000. Declining real estate values in the area indicate that the salvage value will be no more than $25,000.
  3. On December 31, 2020, merchandise inventory was overstated by $21,000 due to a mistake in the physical inventory count using the periodic inventory system.
  4. The company changed inventory cost methods to FIFO from LIFO at the end of 2021 for both financial statement and income tax purposes. The change will cause a $920,000 increase in the beginning inventory at January 1, 2022.
  5. At the end of 2020, the company failed to accrue $14,700 of sales commissions earned by employees during 2020. The expense was recorded when the commissions were paid in early 2021.
  6. At the beginning of 2019, the company purchased a machine at a cost of $640,000. Its useful life was estimated to be 10 years with no salvage value. The machine has been depreciated by the double-declining balance method. Its book value on December 31, 2020, was $409,600. On January 1, 2021, the company changed to the straight-line method.
  7. Warranty expense is determined each year as 1% of sales. Actual payment experience of recent years indicates that 0.75% is a better indication of the actual cost. Management effects the change in 2021. Credit sales for 2021 are $3,200,000; in 2020 they were $2,900,000.


Required:
For each situation:
1. Identify whether it represents an accounting change or an error. If an accounting change, identify the type of change. For accounting errors, choose "Not applicable".
2. Prepare any journal entry necessary as a direct result of the change or error correction, as well as any adjusting entry for 2021 related to the situation described. (Ignore tax effects.)

In: Accounting

Williams-Santana, Inc., is a manufacturer of high-tech industrial parts that was started in 2009 by two...

Williams-Santana, Inc., is a manufacturer of high-tech industrial parts that was started in 2009 by two talented engineers with little business training. In 2021, the company was acquired by one of its major customers. As part of an internal audit, the following facts were discovered. The audit occurred during 2021 before any adjusting entries or closing entries were prepared. The income tax rate is 25% for all years.

  1. A five-year casualty insurance policy was purchased at the beginning of 2019 for $34,000. The full amount was debited to insurance expense at the time.
  2. Effective January 1, 2021, the company changed the salvage value used in calculating depreciation for its office building. The building cost $592,000 on December 29, 2010, and has been depreciated on a straight-line basis assuming a useful life of 40 years and a salvage value of $100,000. Declining real estate values in the area indicate that the salvage value will be no more than $25,000.
  3. On December 31, 2020, merchandise inventory was overstated by $24,000 due to a mistake in the physical inventory count using the periodic inventory system.
  4. The company changed inventory cost methods to FIFO from LIFO at the end of 2021 for both financial statement and income tax purposes. The change will cause a $950,000 increase in the beginning inventory at January 1, 2022.
  5. At the end of 2020, the company failed to accrue $16,200 of sales commissions earned by employees during 2020. The expense was recorded when the commissions were paid in early 2021.
  6. At the beginning of 2019, the company purchased a machine at a cost of $700,000. Its useful life was estimated to be ten years with no salvage value. The machine has been depreciated by the double-declining balance method. Its book value on December 31, 2020, was $448,000. On January 1, 2021, the company changed to the straight-line method.
  7. Warranty expense is determined each year as 1% of sales. Actual payment experience of recent years indicates that 0.75% is a better indication of the actual cost. Management effects the change in 2021. Credit sales for 2021 are $3,800,000; in 2020 they were $3,500,000.

ange, identify the type of change. For accounting errors, choose "Not applicable".
2. Prepare any journal entry necessary as a direct result of the change or error correction, as well as any adjusting entry for 2021 related to the situation described. Any tax effects should be adjusted for through Income tax payable or Refund—income tax. (should be 14 entries)

In: Accounting

The mean area of homes in a certain city built in 2009 was 2438 square feet....

The mean area of homes in a certain city built in 2009 was 2438 square feet. Assume that a simple random sample of 11 homes in the same city in 2010 had a mean area of 2,295 squarefeet, with a deviation of 225 square feet. An insurance company wants to know if the mean area of homes built in 2010 is less than that of homes built in 2009.

In: Statistics and Probability

A company issues $5,000,000, 7.8%, 20-year bonds to yield 8% on January 1, 2010. Interest is...

A company issues $5,000,000, 7.8%, 20-year bonds to yield 8% on January 1, 2010. Interest is paid on June 30 and December 31. The proceeds from the bonds are $4,901,036. Using effective-interest amortization, what will the carrying value of the bonds be on the December 31, 2010 balance sheet?

A. $5,000,000

B. $4,902,077

C. $4,906,281

D. $4,903,160

In: Accounting

please I need to correct this essay in both grammar , structur and vocab. it is...

please I need to correct this essay in both grammar , structur and vocab. it is about the connecting between CTE and STEAM.

Most countries and societies tend to focus on science, technology, engineering and math education, or STEM or STEAM. Where those thought to believe that it will help improve the results of the outputs of the four disciplines: science, technology, engineering and mathematics. STEAM / STEM is interested in international organizations seeking to develop their human resources in the areas of specialization that support innovation and competitiveness, unaware that vocational and technical education is an important part of the Education, Science, Technology, Engineering and Mathematics (STEM) goals set by the Ministry of Education.


. We know that technical learning is the most important catalyst for the success of STEM. The gap between the two programs reduces access to future plans. The integration between STEM and CTE is the result of a reciprocal relationship between them. Science plays the role of scientific knowledge, Professionalism is the basic practical application of knowledge, so the link between them is close and mutual. The role of science can not be overlooked in influencing mankind and the progress of societies, and the role of technology in driving the movement of science and activating and integrating knowledge can not be overlooked. Despite the efforts made in the preparation of the steam programs, the classrooms continued to practice the traditional method of conservation and memorization, conducting traditional experiments to prove facts, while neglecting the applied side of science and knowledge. To connect theoretical learning with cte- cation, students are taught to experiment, analyze and attempt to solve the problem. To help enrich knowledge, to develop knowledge and understanding of the natural world, to apply appropriate science processes, decision-making ability, and to cultivate a scientifically educated person. To enable learners to understand engineering and scientific practices , Interlocking concepts and basic ideas. This requires the processing of learning environments in the context of the real world, so that students enjoy workshops and educational projects, and have access to comprehensive and in-depth knowledge of scientific topics and issues. Which reflect the nature of science, away from isolated theoretical concepts.


. We know that technical learning is the most important catalyst for the success of STEM. The gap between the two programs reduces access to future plans. The integration between STEM and CTE is the result of a reciprocal relationship between them. Science plays the role of scientific knowledge, Professionalism is the basic practical application of knowledge, so the link between them is close and mutual. The role of science can not be overlooked in influencing mankind and the progress of societies, and the role of technology in driving the movement of science and activating and integrating knowledge can not be overlooked. Despite the efforts made in the preparation of the steam programs, the classrooms continued to practice the traditional method of conservation and memorization, conducting traditional experiments to prove facts, while neglecting the applied side of science and knowledge. To connect theoretical learning with cte- cation, students are taught to experiment, analyze and attempt to solve the problem. To help enrich knowledge, to develop knowledge and understanding of the natural world, to apply appropriate science processes, decision-making ability, and to cultivate a scientifically educated person. To enable learners to understand engineering and scientific practices , Interlocking concepts and basic ideas. This requires the processing of learning environments in the context of the real world, so that students enjoy workshops and educational projects, and have access to comprehensive and in-depth knowledge of scientific topics and issues. Which reflect the nature of science, away from isolated theoretical concepts..


The gap between both programs reduces access to future plans. The integration of (STEM) and (CTE) is the product of a mutual nature relationship between them, science represents the scientific knowledge that has a human and technical knowledge is the practical application of knowledge, so the link between them is a document and is a mutual. The role of science can not be deducted in the influence of humanity and the communities. The role of technology in pushing the movement of science, activation and integration of knowledge can not be deducted. Despite efforts in preparation of the (STEAM ), the study rooms still practicing the traditional method of depending on the conservation, inventory and conducting traditional trials to prove fact, neglecting the applied side of the science and knowledge. The link between STEAM snd CTE help students to test and the observe the knowledge of the experience of the world of real world, the application of the learning of the learning worlds, the entire learning and educational projects. The students of the learning of the world of the real world, which can be acquired to know the knowledge of the world of real world, so that students see work in the work of the real world,






CTE requires providing and creating a learning environment in a way that helps learners to enjoy and engage in internal and external workshops that enable them to develop their knowledge and skills in a way that enables them to understand and absorb science in a convenient, easy and enjoyable way, through classroom and extracurricular learning classes.


CTE education is based on several pillars:

* Learning is a constructive and open process.

* Motives and beliefs are an integral part of perception.

* Social interaction is essential to cognitive development.

• Learning is based on knowledge, strategies and contextual experiences.

The curriculum, activities and teaching strategies of CTE should be designed in an innovative scientific way to help students understand the different science keys in a convenient, easy and interactive way that is integrated and open to the environment and in the context of the learner's current knowledge and skills. To change from the traditional approach to the integrated approach, there are three main axes:

First: change the method of teaching to match what is taught in the classroom with what actually happens in the outside world.

Scientific education faces the danger of school education that does not provide science in the form of expertise, does not promote inquiry and discovery, can not understand scientific material, and does not enhance the in-depth understanding of human experience. And that it is still characterized by stagnation, boredom, and difficulty, and avoids the study of most students, especially in the secondary stage, for the following reasons:

* The vast amount of information and educational status in which the teacher acts as the carrier of information without providing opportunities for questions, dialogue and discovery of the student.

* Focus on memorizing, memorizing information and responding in advance.

* Loss of pleasure and suspense and desire to research, and adventurous in experimentation and scientific verification.

* Distance from linking education to the social content of students, and their daily lives.

Given the needs of education in the 21st century, the actual needs of learning must be met by:

Focus on investigative and discovery skills.

* Dependence on analysis and reflection.

* Composition of hypotheses and scientific experimentation.

* Issuing a judgment based on the Guide.

* Indulge in question and wonder.

* Indulge in meaning rather than knowledge.

* Indulge in search and discovery.

* Indulgence in cooperation, not competition.

* Achieve joint collective action, not independence.

* Achieving trust, not fear.

Second: change the way of teaching in the school so that students become immersed in scientific knowledge, skills, and mental habits, to carry out the practice of science and research, and investigation, and solve creative problems, and scientific thinking.

Designing the CTE curriculum requires the following expertise to be included:

* An integrated curriculum based on concepts

* Survey based on problem solving, technology utilization.

* Practical application, exploration and self-directed scientific inquiry and the exercise of research activities.

* Calendar based on performance, realistic, continuous, and multidimensional.

Third: change the vision, the goals of education so that seek to achieve the understanding of technical learning by all people, not only for a particular class.

CTE education involves not only teaching these disciplines and subjects to a group of students but also changing the concept of a multidisciplinary approach. It also recognizes the strong link between CTE education and areas requiring creativity and innovation. This requires a learning environment in a way that helps learners to enjoy and engage in workshops that integrate science and enable them to develop their knowledge and skills so that they can understand science in a convenient, easy and enjoyable way. Its educational stages, and through classroom classes and extracurricular learning.

In: Economics