M&B Tooling Ltd. is assessing two available options for the purchase of new equipment with a negotiated cash price of $100,000. The manufacturer is willing to accept a down payment of 20% of the purchase price and an instalment note for the balance. The note would require quarterly fixed principal payments (plus interest) starting October 1, 2020, for a period of two years. M&B has a proposal from its bank for an instalment loan for two years that requires a fixed blended monthly payment (including both principal and interest) starting August 1, 2020. The loan would be for 80% of the equipment’s purchase price. The current market rate of interest is 8%. Both contracts have an interest rate of 8%.
Calculate the amount of the payments required of M&B under
each alternative. (Round answers to 2 decimal places,
e.g. 5,275.25.)
Quarterly fixed principal + interest payments option with
manufacturer:
| Total amount of payments | $ |
Fixed blended monthly instalment note with the bank including
principal and interest:
| Total amount of payments | $ |
In: Accounting
The COVID-19 pandemic, which hit Sri Lanka on 27 January 2020
with the first
case, and as at 21 st May 2020 reached 1,045 confirmed cases and
have reported 9
deaths. The country has been undergoing a long lock-down period of
more than 50
days, bringing most of the business to a standstill over a period
of 2 months. The
pandemic has brought in many changes, and along with that
challenges to the
organization, both economical as well as managerial.
Identify a public quoted company or a private organization, which
employs more than
100 staff in Sri Lanka and is undergoing difficulties due to the
COVID-19 pandemic.
Critically analyze the challenges the organization has at hand in
handling its
workforce.
As an organization development professional, what would be the
recommendation
and solution you would suggest to improve or resolve the current
challenges related
to the workforce.
Critically evaluate,
1. The challenges and issues the organization faces
2. The applicability of theories in analyzing the situation and
challenges
3. The recommendations and how it would help to overcome the
challenges and
issues.
In: Operations Management
How does technology effect businesses? With technology constantly changing, how should business leaders respond to the acquisition of technology.
In: Operations Management
A retail dealer in Auto Parts is currently selling 15,000 Auto Parts annually. He supplies the following details for the year ended December 31, 2009
| DETAILS | AMOUNT (Rs.) |
| Seling Price Per Unit | 200 |
| Variable Cost Per unit | 120 |
| Fixed Costs : | |
| Staff Salaries | 3,00,000 |
| General Office Cost | 1,00,000 |
| Advertising Cost | 80,000 |
(a) Calculate the break even point and margin of Safety.
(b) Assume that 12,000 Auto Parts were sold during the year. Find out the net profit of the firm
Assuming that in 2010 the rate of factory over heads went up by 20%, dist. expenses went down 1 by 10%, and selling expenses went up by 12 —2 %; at what price should the work be quoted so as to earn the same rate of profit on the selling price as in 2009. Show full working. It may be noted that factory overheads are based on direct wages while administration, selling and distribution expenses are based on factory cost.
In: Accounting
Affordable Care Act brought certain health insurance mandates with some exceptions. Since Affordable Health Care Act became law, between years 2010 and 2016, the number of uninsured people in the United States went down from 48 million to about 29 million. Assume that most of these 19 million people who gained health insurance access were young and healthy. Given this information and assumption, holding everything else that may affect the demand for health insurance constant, which one of the following statements regarding "adverse selection" is the most accurate?
a. Adverse selection is less likely to be an issue.
b. Adverse selection is more likely to be an issue.
c. Adverse selection is equally likely to be an issue: so there is no effect of information and assumption provided in the statement on severity of adverse selection.
d. The information and assumption presented in the statement will have an effect on adverse selection, but whether adverse selection is more likely or less likely to be an issue as a result is indeterminate.
In: Economics
You are an advisor to a future fictional president. We know that the Affordable Care Act (or more affectionately known as Obama Care) was passed in 2010 and went into effect January 1, 2011. Over the next several years, a number of provisions took hold to include penalties for not having health care, “Cadillac Health Plans” were eliminated, and other provisions occurred as well. At no time was there a limitation on the use of private funds to pay for health care (unlike an earlier plan that was proposed [Hillary Care] which would have imposed fines and even possible imprisonment for anyone paying for non-approved treatments). It was promised that once Obama Care was implemented, everyone’s cost would come down. We know this did not happen.
Using the concepts of supply and demand (Chapter 2 of your textbook), please explain why costs did not drop and offer suggestions for a more successful model. Use demand and supply curves as well as develop demand functions as part of your explanation.
In: Economics
Nash Company uses special strapping equipment in its packaging business. The equipment was purchased in January 2019 for $10,200,000 and had an estimated useful life of 8 years with no salvage value. At December 31, 2020, new technology was introduced that would accelerate the obsolescence of Nash’s equipment. Nash’s controller estimates that expected future net cash flows on the equipment will be $6,426,000 and that the fair value of the equipment is $5,712,000. Nash intends to continue using the equipment, but it is estimated that the remaining useful life is 4 years. Nash uses straight-line depreciation.
Prepare the journal entry (if any) to record the impairment at December 31, 2020. (If no entry is required, select "No entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.)
| Date |
Account Titles and Explanation |
Debit |
Credit |
| Dec. 31 | |||
Prepare the journal entry for the equipment at December 31, 2021. The fair value of the equipment at December 31, 2021, is estimated to be $6,018,000. (If no entry is required, select "No entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.)
| Date |
Account Titles and Explanation |
Debit |
Credit |
| Dec. 31 | |||
Prepare the journal entry (if any) to record the impairment at December 31, 2020 and for the equipment at December 31, 2021, assuming that Nash intends to dispose of the equipment and that it has not been disposed of as of December 31, 2021. (If no entry is required, select "No entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.)
|
Date |
Account Titles and Explanation |
Debit |
Credit |
|
12/31/20 |
|||
|
12/31/21 |
In: Accounting
**** i need the answer with unique words.. thank you
Q3:Explain how Internet technologies are involved in developing a
process in one of the functions of the business?
Technology in business is a growing necessity. As the years go by, the business world is leaning more and more toward it, making it almost impossible to separate the two from each other. Innovation breeds business, and since technology paves the way for it, it can be gathered here that business needs technology to be sustained.
The role of technology in business caused a tremendous growth in trade and commerce. Business concepts and models were revolutionized as a result of the introduction of technology. This is because technology gave a new and better approach on how to go about with business. It provided a faster, more convenient, and more efficient way of performing business transactions.
Some of actions of technology in business include accounting systems, management information systems, point of sales systems, and other simpler or more complicated tools. Even the calculator is a product of technology.
With the automated processes that technology can provide, productivity reaches a higher level. This is due to the minimal resources consumed in processing business activities, allowing room for better products produced and faster services delivered to more clients and customers.
Information is also stored with ease and integrity. With this, confidential and sensitive information are less prone to vulnerabilities. The said information can also be instantly retrieved and analyzed to monitor trends and make forecasts, which can be crucial in decision-making processes.
Technology in business made it possible to have a wider reach in the global market. The basic example is the Internet, which is now a common marketing tool to attract more consumers in availing products and services offered by various businesses.
Q4:What are the basic differences between HRM, Intranet and
Internet in terms of Domain and Network Communication Scope?
What is Internet?
Internet is a global network of millions of private, public, academic, business, and government networks worldwide connect with each other over the network to share massive amounts of information, resources and services.
Internet carries a massive range of informational resources and data in form of HTTP (Hypertext Markup language) documents and applications through World Wide Web (WWW). Every computer in Internet is identified by a unique IP address. IP Address is a unique set of numbers (such as 50.63.197.203) which identifies a computer's location. A special computer DNS (Domain Name Server) is used to provide a name to the IP Address so that the user can locate a computer by a name like..http://net-informations.com.
Internet itself contains a large number of intranets and the number of users who use internet is Unlimited. It contains different source of information and is available for all. Anyone can access it for downloading and uploading using internet protocol. It has numerous information resources and services, such as the web pages of the World Wide Web (WWW), games, videos, images, e-mail, social networking, etc. The Internet is currently being used by billions of people worldwide.
What is Intranet?
The term "Intranet" is basically stands for the network of a specific organization or the private network of an organization. It may be used for organizations or networks that do not want their information to be able to be accessed by outside sources, and is especially important for organizations that require a high amount of secrecy - such as a server that holds military secrets or a database for the CIA. It has a firewallsurrounding the system to avoid the unauthorized user from accessing the network. Only authorized users have permission to access the network.
An intranet design should be much more task-oriented and less promotional than an internet design. An intranet's Web sites look and act just like any other Web sites . Employees of the organization or members of the group can makes interactive communication in shape of chatting, audio and video conferencing, groupware and teleconferencing using the intranet.
What is HRM?
Human Resource Management is the process of recruiting, selecting, inducting employees, providing orientation, imparting training and development, appraising the performance of employees, deciding compensation and providing benefits, motivating employees, maintaining proper relations with employees and their trade unions, ensuring employees safety, welfare and healthy measures in compliance with labour laws of the land and finally following the Orders / Judgements of the concern High Court and Supreme Court, if any.
Human resources is used to describe both the people who work for a company or organization and the department responsible for managing resources related to employees. The term human resources was first coined in the 1960s when the value of labor relations began to garner attention and when notions such as motivation, organizational behavior, and selection assessments began to take shape.
Human resource management is therefore focused on a number of major areas, including:
Recruiting and staffing
Compensation and benefits
Training and learning
Labor and employee relations
Organization development
In: Computer Science
if our company can purchase new technology for 650,000 and that technology will save us 330,000 for three years at which time the new technology will be outdated and our tax rate is 35% should we buy the technology when our cost of capital is 9%
In: Finance
Who develops the technology?
Who controls the technology (or does it control us)?
Should there be “human intervention” in the technology development and use (e.g. are “robots” building “robots”)?
How does “surveillance” and “oversight” of the technology blur the lines of the impact of invasion of privacy versus security?
In: Computer Science