The DeVille Company reported pretax accounting income on its income statement as follows:
   

   
Included in the income of 2018 was an installment sale of property in the amount of $34,000. However, for tax purposes, DeVille reported the income in the year cash was collected. Cash collected on the installment sale was $13,600 in 2019, $17,000 in 2020, and $3,400 in 2021.

Included in the 2020 income was $12,000 interest from investments in municipal bonds.

The enacted tax rate for 2018 and 2019 was 30%, but during 2019 new tax legislation was passed reducing the tax rate to 25% for the years 2020 and beyond.

Required:
Prepare the year-end journal entries to record income taxes for the years 2018–2021. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

The DeVille Company reported pretax accounting income on its income statement as follows:
   

   
Included in the income of 2018 was an installment sale of property in the amount of $54,000. However, for tax purposes, DeVille reported the income in the year cash was collected. Cash collected on the installment sale was $21,600 in 2019, $27,000 in 2020, and $5,400 in 2021.

Included in the 2020 income was $22,000 interest from investments in municipal bonds.

The enacted tax rate for 2018 and 2019 was 30%, but during 2019 new tax legislation was passed reducing the tax rate to 25% for the years 2020 and beyond.

Required:
Prepare the year-end journal entries to record income taxes for the years 2018–2021. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.

Q.2 ABC Ltd., has been facing cash shortage problem for many years. You have just joined the company and made the proposal to prepare cash budget for controlling of cash shortage problem. Management has given you the green signal to prepare the cash budget and made the projection for requirement of cash through commercial bank channel in the coming period. The following information were gathered for preparing the cash budget. 1. Sales budgets November, 2019…………………………. Rs.200,000 December, 2019…………………………… 300,000 January, 2020…………………………….. 400,000 February, 2020…………………………… 500,000 March, 2020……………………………….. 600,000 All sales are made on credit basis and customers follow the following patter to pay; A) 40 % pay in the month of sales. B) 50 % in the following month of sales. C) 10 % pay in the second month of sales. 2. Purchase budgets 3. Purchases are made equal to 60 % of the respective month sales at beginning of the month. 50% of purchase amount is paid in the month of purchases and 50% in the following month of purchases 4. Cash operating expenses per month is estimated Rs.80,000. 5. Dividend is expected to be paid Rs.100,000 in the month of January, 2020. 6. Tax is to be paid Rs.50,000 in the month of march, 2020. 7. A new plant costing Rs. 250,000 to be purchased in the month of Feb.,2020. 8. Cash on hand on 1st January, 2020 is Rs.100,000. 9. A minimum cash balance of Rs.150,000 to be maintained from 31st January,2020 on ward, company has made arrangement with the local bank a line of credit to meet its cash requirement and if excess cash available it would be paid to bank to pay the loan. Required: Prepare a cash budget for the month of January, February, March, 2020. (Marks-10)

Each year, ratings are compiled concerning the performance of new cars during the firs 90 days of use. Suppose that the cars have been categorized according to whether the card needs warranty- related repair( yes or no) and the country in which the company manufacturing the car is based ( united states or not united states)Based on the data collected, the probability that the new car needs a warranty repair is 0.04, the probability that the car is manufactured by a US – based company is 0.60, and the probability that the new car needs a warranty repair and was manufactured by a US- based company is 0.025. Construct a contingency table or a Venn diagram to evaluate the probabilities of a warranty- related repair. What is the probability that a new car selected at random

a. Needs a warranty- related repair?

b. Needs a warranty repair and is manufactured by a company based in the united states?

c. Needs a warranty repair or was manufactured by a US- based company?

d. Needs a warranty repair or was no manufactured by US- based company?

Read the CNN article in the link below regarding Starbucks and Nestle engaging in a partnership to sell and distribute the Starbucks brand around the world. What do you feel is the greatest challenge facing Starbucks when entering global markets? Why? Also, how can partnering with Nestle help Starbucks in ways that they cannot help themselves?

Nestle and Starbucks are teaming up to create a "global coffee alliance."

Under the deal, Nestle (NSRGF) will pay $7.2 billion to market, sell and distribute Starbucks' (SBUX) packaged coffees and teas around the world, the companies said Monday.

Nestle already has a significant presence in the coffee business with well-known brands like Nescafe and Nespresso. It's now adding Starbucks coffee and tea products to the list.

The agreement only covers Starbucks' packaged goods sold outside the US company's stores. It doesn't include Starbucks' ready-to-drink coffee, tea or juices.

Related: Nestle needs an overhaul

Starbucks CEO Kevin Johnson said the deal "will bring the Starbucks experience to the homes of millions more around the world."

The deal still needs approval from regulators and is expected to be finalized in summer or early fall this year, the companies said.

About 500 Starbucks employees will join Nestle under the agreement, the Switzerland-based company said.

It said the Starbucks packaged goods business generates annual revenue of about $2 billion a year.

How would you respond to this post?

A firm should always have more than one supplier. I work in the aerospace industry. As such, there are many certifications and standards that each supplier must be and be held to. It is very difficult to attain these and therefore exiting a supplier is rigorous work. Making a good decision in the first place is the key. However, having too many suppliers can cause complications with delivery frequency, pricing, or quality (Vonderembse, & White, 2013). Variations in any of these can cause complications for a firm. If I were CEO of a company, I'd rather mitigate the risk of quality, pricing, natural disasters, or otherwise by having multiple suppliers than relying solely on only one or two and risking everything on their performance.

There are several parts that we are always waiting for from suppliers. Some of those have less than a 50% acceptance rate meaning that less than half of the ones the supplier sends us to meet our quality specs. We end up doing rework in house to try and salvage as many parts as we can due to the processing time and cost to qualify new suppliers. There are also situations where parts are designed for certain operations to be done in house and others, outsourced. As a general rule of thumb, though, I think every firm should have multiple suppliers.

Problem Set 1: Pearson Correlation Coefficient Analysis

Research Scenario: A clinical psychologist would like to determine whether there is a relationship between observer ratings of children’s externalizing behaviors and scores on an established diagnostic interview assessing externalizing disorders (like ADHD, CD, etc.). He administers the diagnostic interview to 25 children and records these scores. He then trains an observer to independently rate carefully-defined externalizing behaviors for each of the 25 children. These scores are totaled for an overall “externalizing behavior index.” On both the interview and the behavioral ratings, a higher score indicates higher levels of externalizing behavior. These scores are listed in the table below.

Using this table, enter the data into a new SPSS data file and run a Pearson correlation coefficient analysis to test whether there is a relationship between the interview scores and the behavior ratings in this sample. Create a scatterplot to show the relationship between the variables.

TS Inc. is a small, growing aviation company; the CEO makes the hiring decisions based on his years of experience as well as his gut feeling. He started the business 10 years ago with 10 employees and the company has grown to over 30 employees. Since you have been hired, you have guided management through several stages of the recruitment and selection process to hire an aircraft maintenance engineer. TS Inc. has used proper selection methods, such as screening, testing, and structured interviews, but is not sure about how to integrate the data from these various sources. In the past, the president relied on his gut feeling about applicants and made poor hiring decisions. At TS Inc. recruitment rests on the shoulders of the president. Like most small companies, TS Inc. frequently uses employee referrals as a method of recruitment. The company wants to use Internet recruitment technologies but is not well versed in information technology. The CEO is very concerned about poor hiring decisions and turnover costs.

1. The CEO has asked you, the HRM, to explain some of the differences between the use of his practice-based selection approach and an empirical-based process. Also explain what challenges you anticipate he would face in using validation techniques.

2. Define and describe one potential decision making model TS Inc. could use. Explain the decision-making model and discuss its advantages and disadvantages.

3. Explain TS Inc.’s president’s decision-making style, and discuss the advantages and disadvantages of this method of decision making.

4. TS Inc. has made costly selection errors in the past when the company underestimated the potential of an aircraft maintenance engineer, which resulted in a no-hire decision. Explain this type of selection error and discuss the potential impact of such an error and why TS Inc. should be concerned.

5. What would be some effective e-recruitment method for recruiting aircraft maintenance engineers?

Based on the following, Please answer the following, Thanks!

Imagine you are a human resources professional working at a prominent global company. There have been recent concerns regarding how the organization has been conducting business in the global market, and it has tasked you with identifying problems and recommending solutions. You will analyze information from the case study Nimble Storage: Scaling Talent Strategy Amidst Hyper-Growth for how the organization’s business practices have aligned with more geocentric perspectives, identifying potential gaps in its current practices. You will then make a series of recommendations directed to leadership for addressing identified gaps and ensuring a successful transition regarding your proposed changes.

Introduction:

The Nimble Storage is a hybrid growing data storage System Company situated in Silicon Valley. The CEO of the company is Suresh Vasudevan, and the Vice President of the HR department is Paul Whitney. The company's purpose of developing the hybrid system, which is used in flash memory (It is a storage memory that leads to rapid access to random data) and hard disk to increase the performance of the company at the competitive prices offered to the customers in order to give the efficient and the flash storage platform.

The case analyzes the past performance of the company and the talented hiring of the personnel by Whitney, where the founder and CEO of the company plan to transfer the storage world into the hybrid storage system and wanted to achieve the goal to make a billion dollar company within three years. For this purpose, Suresh Vasudevan aimed to focus on both short term and long term key people initiative to measure the results. The company decided to launch the new leadership program named "LEAD" for the sustainable future growth of the company and also effects on the people initiatives to go forward in future.

The objective of the case is to make quantitative and qualitative analysis by identifying the issues, providing solutions to the problems, and providing an alternative for the growth and evaluating and choosing the best alternative and provide an implementation plan.

Define the issues/Problem statement:

The company has finished its second full fiscal year of storage on January 31, 2013, which provided the great opportunity for reproducing its core values, reviewed the success over the last years and also the strong personnel who made it possible. The company always aims to deliver the world’s most efficient way of data storage by target the broad range of enterprise applications with the goal of optimizing in many factors such as performance efficiency, capacity efficiency, data protection and dramatic simplicity.

Problems/Issues and its solutions:

In order to stabilize the performance, the company faced many potential problems and issues in producing the product and also HR-related issues faced by Whitney.

The first problem was related to the health of the customers' network that led to the unusual high temperature in the data center. The company is now organizing the data center in order to convince the customers to the belief that will help to solve the range of problems in one single platform.

The second problem was the business team was not effective due to lack of motivation and employee turnover, it as one of the biggest challenge that company was facing in last nine months. So, the business wanted to improve its values by making the business by conducting two ways process with the two-sided as the same coin. It would result in the powerful feedback and result oriented of employees, which will result in employee retention and run the business with the order of framework and program perspective.

The company was facing the hiring issue as they wanted to maintain its culture and status quo, the company needed to change the paid time off/personal time off PTO policy in fifteen days, the company wanted to increase the length of services, and they tested the idea but not preferred by the company. Therefore, the employees wanted a favor, and the company made the PTO flexible and unlimited sick leaves and holidays for employee retention.

Suresh Vasudevan had talked about the cultural openness and transparency in sharing the information to the tons of people via any social website, such as Facebook and Google. The company estimates that the openness will be challenging to measure as the hidden information would be exposed publicly.

Questions;

1. Determine gaps in the organization’s current practices within the global market that are relevant to the human resources team of the organization.

2. Determine gaps in the organization’s current practices within the organization that are relevant to the human resources team of the organization from a geocentric perspective. What issues or problems are present regarding the organization’s accommodations for global employees?

3. Determine gaps in the technological tools and structure of the organization that should be considered when working within a global structure.