Identify a company that you think its marketing activity involves an ethical issue. The company can be local or foreign. The marketing ethical issue should be recent (2016-present) and the information should be publicly available. You are required to use relevant information to perform a critical analysis of the ethical issue from a marketing perspective.
In: Operations Management
On November 1, 2019, the account balances of Swifty Corporation
were as follows.
|
No. |
Debits |
No. |
Credits |
|||||||
| 101 | Cash | $ 2,390 | 154 | Accumulated Depreciation—Equipment | $ 2,170 | |||||
| 112 | Accounts Receivable | 4,230 | 201 | Accounts Payable | 2,610 | |||||
| 126 | Supplies | 1,830 | 209 | Unearned Service Revenue | 1,200 | |||||
| 153 | Equipment | 13,020 | 212 | Salaries and Wages Payable | 734 | |||||
| 311 | Common Stock | 10,806 | ||||||||
| 320 | Retained Earnings | 3,950 | ||||||||
| $ 21,470 | $ 21,470 | |||||||||
During November, the following summary transactions were
completed.
| Nov. 8 | Paid $ 1,650 for salaries due employees, of which $ 734 is for October salaries. | |
| 10 | Received $ 3,460 cash from customers on account. | |
| 12 | Received $ 3,150 cash for services performed in November. | |
| 15 | Purchased equipment on account $ 1,950. | |
| 17 | Purchased supplies on account $ 730. | |
| 20 | Paid creditors on account $ 2,670. | |
| 22 | Paid November rent $ 350. | |
| 25 | Paid salaries $ 1,650. | |
| 27 | Performed services on account and billed customers $ 1,950 for these services. | |
| 29 | Received $ 590 from customers for future service. |
Enter the November 1 balances in the ledger
accounts.
CASH
date explanation ref debit credit balance
ACCOUNT RECIVABLE
date explanation ref debit credit balance
SUPPLIES
date explanation ref debit credit balance
EQUIPMENT
date explanation ref debit credit balance
ACCUMULATED DEPRECIATION
date explanation ref debit credit balance
ACCOUNT PAYLABLE
date explanation ref debit credit balance
UNEARN REVENUE
date explanation ref debit credit balance
SALARY WAGE PAYLABLE
date explanation ref debit credit balance
COMMON STOCK
date explanation ref debit credit balance
RETAIN EARNING
date explanation ref debit credit balance
2.-) Journalize the November transactions
date /accout tittle / debit / credit
3.- ) Post to the ledger accounts.
cash: date / ref / debit / credit/ balance
account recivable: date / ref / debit / credit/ balance
supplies : date / ref / debit / credit/ balance
equipment: date / ref / debit / credit/ balance
accumulated depreciation equipment: date / ref / debit / credit/ balance
account paylable: date / ref / debit / credit/ balance
unearn service revenue: date / ref / debit / credit/ balance
salary wage paylable: date / ref / debit / credit/ balance
common stock: date / ref / debit / credit/ balance
services revenue: date / ref / debit / credit/ balance
salary wage expenses: date / ref / debit / credit/ balance
rent expenses: date / ref / debit / credit/ balance
4.- )Prepare a trial balance at November 30.
5.-) Adjustment data consist of:
| 1. | Supplies on hand $ 1,410. |
| 2. | Accrued salaries payable $ 367. |
| 3. | Depreciation for the month is $ 217. |
| 4. | Services related to unearned service revenue of $ 1,290 were performed. |
Journalize the adjusting entries:
date/ account tittle / debit / credit
In: Accounting
A university proposed a parking fee increase. The university
administration recommended gradually increasing the daily parking
fee on this campus from $6.00 in the year 2004, by an increase of
8% every year after that. Call this plan A. Several other plans
were also proposed; one of them, plan B, recommended that every
year after 2004 the rate be increased by 60 cents.
a. Let t=0 for year 2004 and fill in the chart for
parking fees under plans A and B.
Round your answers for the values under Plan A to two decimal
places, and enter the exact answers for the values under Plan
B.
| Years after 2004 | Parking Plan under Plan A | Parking Plan under Plan B |
| 0 | $6.00 | $6.00 |
| 1 | $ | $ |
| 2 | $ | $ |
| 3 | $ | $ |
| 4 | $ | $ |
b. Write an equation for parking fees FA as a
function of t (years since 2004) for plan A and an
equation FB for plan B.
Enter the exact answers.
FA=
Edit
FB=
Edit
c. What will the daily parking fee be by the year
2025 under each plan?
Round your answer for the value under Plan A to two decimal places,
and enter the exact answer for the value under Plan B.
Under plan A, the daily parking fee in the year 2025 with be
$.
Under plan B, the daily parking fee in the year 2025 with be
$.
d. Imagine that you are the student representative
to the Board of Trustees. Which plan would you recommend for
adoption?
For students,
Plan APlan B
is less expensive over the next years, so it should be recommended.
In: Advanced Math
There are 27 tickets in the lottery, of which 5 tickets win and 3 give the right to draw the next ticket. Calculate the probability of winning by purchasing one lottery ticket.
In: Statistics and Probability
Read Anderson, Narus, & van Rossum, (2006). In a 2-3 page assignment response, please include a high-level and general review of the concepts and content in the article.
In: Economics
Problem LIFO TO FIFO:
Most inventories owned by Deere & Company and its United States equipment subsidiaries are valued at cost, on the “last-in, first-out” (LIFO) basis. Remaining inventories are generally valued at the lower of cost, on the “first-in, first-out” (FIFO) basis, or market. The value of gross inventories on the LIFO basis represented 58 percent and 60 percent of worldwide gross inventories at FIFO value on October 31, 2007 and 2006, respectively. If all inventories had been valued on a FIFO basis, estimated inventories by major classification at October 31 in millions of dollars would have been as follows:
2007 2006
Raw materials and supplies ........................................... $ 882 $ 712
Work-in-process ........................................................... 425 372
Finished machines and parts ......................................... 2,263 2,013
Total FIFO value ........................................................ 3,570 3,097
Less adjustment to LIFO value ....................................... 1,233 1,140
Inventories ................................................................. $2,337 $1,957
Other Key information from Deere & Company
2007 2006
Sales $ 21,489.1 $ 19,884.0
COGS 16,252.8 15,362.0
Current Assets 25,503.0 23,387.0
Current Liabilities 15,738.1 12,787.5
What adjustments to the financial statements (balance sheet and income statement) are necessary to convert from LIFO to FIFO for 2007: Assume 31% tax rate.
In: Accounting
Problem 1 LIFO TO FIFO:
Most inventories owned by Deere & Company and its United States equipment subsidiaries are valued at cost, on the “last-in, first-out” (LIFO) basis. Remaining inventories are generally valued at the lower of cost, on the “first-in, first-out” (FIFO) basis, or market. The value of gross inventories on the LIFO basis represented 58 percent and 60 percent of worldwide gross inventories at FIFO value on October 31, 2007 and 2006, respectively. If all inventories had been valued on a FIFO basis, estimated inventories by major classification at October 31 in millions of dollars would have been as follows:
2007 2006
Raw materials and supplies ........................................... $ 882 $ 712
Work-in-process ........................................................... 425 372
Finished machines and parts ......................................... 2,263 2,013
Total FIFO value ........................................................ 3,570 3,097
Less adjustment to LIFO value ....................................... 1,233 1,140
Inventories ................................................................. $2,337 $1,957
Other Key information from Deere & Company
2007 2006
Sales $ 21,489.1 $ 19,884.0
COGS 16,252.8 15,362.0
Current Assets 25,503.0 23,387.0
Current Liabilities 15,738.1 12,787.5
What adjustments to the financial statements (balance sheet and income statement) are necessary to convert from LIFO to FIFO for 2007: Assume 31% tax rate.
In: Accounting
You the auditor have been asked to audit a public traded company and you are looking for materiality. What would you gather ? what areas should you focus on ??
In: Accounting
Research Johnson & Johnson (JN) traded on the New York Stock Exchange. Detail the history, products, stories, facts, and Company profile in a four-page paper APA style.
In: Economics
Suppose that you won an exclusive bid to sell
Christmas trees from National Park Service (NPS). However, NPS
requires that you plant one and a half multiple of any number of
trees you cut. For example, if you cut 4 trees, you have to plant 8
trees. If you cut 9, you have to plant 27 trees. The NPS may argue
that the number of trees that survive is proportional to the number
of tree that you grow. Or, they might just do so to prevent you
from cutting all trees. Assume further that the cost of cutting and
transporting a tree is $2. The cost of growing a tree is $1.
Questions:
A.) Write an equation that describes total cost of cutting any
number of trees.
B.) Graph total cost function
C.) Derive and graph the average cost equation
D.) Derive and graph the marginal cost equation
Now, assume that as a monopolist, you can sell Christmas trees directly to customers and charge them a higher retail price. Or, on the other hand, you can sell Christmas tree to retail stores and charge them lower wholesale price. It is logical to assume that ordinary customer demand tends to be less elastic than the demand of retail stores. Assume that you estimate the demand of retail stores and customers and find:
P= 3000 – 0.5Q (Wholesale demand)
P= 2000-2Q (Retail Demand)
Questions
E) Write the equations that describe total revenue for each
market
F.) Graph your total revenue equations
G.) Derive the marginal revenue equations for each market
H.) Graph your answer
E
I.) Find the profit maximizing price and quantity for each
market
J.) Write the equation that describe total revenue for the two
market combined
K.) Derive the marginal revenue equations for the two markets
combined
L.) Graph your answer
M.) Find the profit maximizing price and quantity for both markets
combined.
N.) What is better, to combine both market and charge a single
price or segregate the two markets and charge different prices?
Explain your answer
In: Economics