As of 2010, Xerox Corporation (NYSE: XRX) is a $22 billion, multinational company founded in 1906 and operating in 160 countries. Xerox is headquartered in Norwalk, Connecticut, and employs 130,000 people. Such companies depend on the productivity and performance of their employees. The journey over the last 100 years has withstood many successes and failures. In 2000, Xerox was facing bankruptcy after years of mismanagement, piles of debt, and mounting questions about its accounting practices. How does a company of such size and magnitude effectively manage and motivate employees from diverse backgrounds and experiences especially during a crisis?

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Founded in 1846, Hood is a Charlestown company with more than $2 billion in annual sales. The company has 15 plants and uses filling machines for its gallon milk containers. There is some variation in the actual amount of milk that goes into the container. The machine can go out of adjustment and put a mean amount either less or more than one-gallon containers. To monitor the filling process, the production manager for the Sacramento plant selects a simple random sample of 16 gallons each day. He can test whether the machine is still in adjustment using the following steps: Set up a hypothesis Set up a suitable significance level Determine a suitable test statistic Determine the critical region Perform computations Make decision to accept or reject hypothesis

Benchmark Assignment - Data Analysis Case Study

The Cicero Italian Restaurant was founded by Anthony Tanaglia in 1947 in Cicero, Illinois, a suburb of Chicago. He built the business with his family from a small pizza and pasta restaurant to 10 locations in the Chicago area. Michael Tanaglia, Anthony’s grandson, moved to Arizona to escape the cold Chicago winters and opened a restaurant in the Chandler area. The Arizona restaurant gained momentum thanks to the Chicago-style pizza and quality Italian dishes. Anthony decided to expand operations in Arizona, adding a second location in Glendale. The Glendale location was managed by Michael’s son Tony.

After a year of operations, Michael had some concerns with the Glendale location. Michael does not want his family’s business to fail, and he wants his grandfather’s legacy to last. Michael also understands how important an operational evaluation can be to identify the strengths and weaknesses of a business. Michael confides his concerns to you and asks if you will do him a favor and use your quantitative analytic expertise to help him evaluate the Glendale location’s operations in three key areas: customer satisfaction, customer forecasting, and staff scheduling. As his friend, you agree – though his offer to treat you to the large pizza of your choice did not hurt.

First Evaluation

The first evaluation required an understanding of the factors that contribute to customer satisfaction and spending. Refer to the data Michael provided in the Excel spreadsheet “Benchmark Assignment - Data Analysis Case Study Data.” Identify which variables are significant to predicting overall satisfaction. Develop and interpret the prediction equation and the coefficient of determination. Based upon the data in this evaluation, what areas should Michael and Tony Tanaglia focus on to improve customer satisfaction?

Second Evaluation

The second evaluation requires a forecast of customers based upon demand. Michael reviewed data for the previous 11 months to better forecast restaurant customer volume.

Which method should, the business owner use to yield the lowest amount of error and what would be the forecast for December? Refer to the Excel spreadsheet “Benchmark Assignment - Data Analysis Case Study Template.”

Third Evaluation

The third evaluation concerns staff scheduling. Some of the customers have complained that service is slow. The restaurant is open from 11:00 a.m. to midnight every day of the week. Tony divided the workday into five shifts. The table below shows the minimum number of workers needed during the five shifts of time into which the workday is divided.

The owners must find the right number of staff to report at each start time to ensure that there is sufficient coverage. The organization is trying to keep costs low and balance the number of staff with the size of the restaurant, so the total number of workers is constrained to 15.

1-Based on these factors, recommend the staff for each shift to accommodate the minimum requirements for customer service.

Ragan, Inc. was founded nineteen years ago by brother and sister Carrington and Genevieve Ragan. The company manufactures and installs commercial heating, ventilation, and cooling (HVAC) units. Ragan, Inc. has experienced rapid growth because of a proprietary technology that increases the energy efficiency of its units. The company is equally split between the two siblings. The original partnership agreement between them gave each 500,000 shares of stock. The company has since gone public. At that time, the siblings retained their shares and 1,000,000 shares of new stock were issued. The firm anticipates needing to raise a large amount of capital ($10 million) in the coming year to facilitate further expansion and are evaluating several financing options. The first option is to issue zero-coupon bonds that mature in 20 years. Similar zero-coupon bonds currently have a YTM of 4.5%. The second option is to issue 4% coupon bonds that mature in 20 years. Similar bonds have a YTM of 4%. The third option is to issue preferred stock with a fixed dividend of $0.85 per share. These preferred stock would have a required return of 7.5%. The firm currently has no preferred stock outstanding. The fourth option is to issue common stock.The stock is currently trading on the market for $20 per share. The firm most recently paid a dividend on common stock of $0.50 and plans to increase that dividend by 25% per year for the next five years. After that, the firm will level off at the industry average of 5% per year, indefinitely. Carrington and Genevieve estimate the required return on the stock to be 15%. 5. What do you think about the estimate of a 15% required return? What does the current stock price suggest about the required return? 6. If they can sell new shares of common stock at the current stock price of $20, how many would they have to issue? 7. Based on your answer above (#6), what would be the increase in the dividend expenses for the firm in future years?

Solve this following question:

Afia Agency was founded in January 2017. Presented below is the trial balance as of March 31, 2020, the end of the company’s fiscal year.

Instructions

a) Prepare the adjusting entries for these accounts:

- Art supplies (Supplies expense)

- Accumulated Depreciation – Printing Equipment

- Accumulated Depreciation – Building

- Allowance for doubtful Accounts (Bad debt expense)

- Notes receivable (Interest revenue)

- Notes payable (Interest expense)

- Salaries expense

- Rent Expense

- Unearned Advertising Revenue

You need to set your own assumptions in order to adjust the accounts. Those assumptions should be in consistency with your trial balance.

You need to do same for the other adjustments. You can follow the textbook pp 106-117.

b) Post the adjusting entries to the ledger

c) Prepare an adjusted trial balance

d) Prepare the worksheet

e) Prepare financial statements: Income statement, retained earnings statement, and statement of financial position

f) Journalize and post the closing entries

g) Prepare a post-closing trial balance

Air voice Oman is a recently established telecommunication company which was founded by Ms. Aadila. The company is managed by the board of directors elected by the shareholders. Corporate   Governance is essential to mitigate the conflicting interests amongst stakeholders of the company.
Corporate governance includes the processes through which corporations' objectives are set and pursued in the context of the social, regulatory and market environment. These include monitoring the actions, policies, practices, and decisions of corporations, their agents, and affected stakeholders. It relates to the internal means by which corporations are operated and controlled. All the companies are required to adhere to the principles of corporate governance codes.
Suggest and explain the principles of corporate governance issued by OECD that should be followed by Air voice Oman with appropriate examples.

H&M is a clothing retailer founded in 1947. In the last decade, the company has exploded to $20.3 billion in annual sales. The company has 3,500 stores spread across 55 countries, and a huge warehousing and logistics to manage. While the success of H&M is mainly due to following the latest fashion trends, the secret to its success is low production cost and reduced lead times or how fast they get their products to market. H&M stores are refreshed daily with new fashion items. In addition, in-house designers ask for the opinion of buyers when creating collections. H&M manufactures 80% of its inventory in advance and waits until the last minute to prepare the remaining 20% to take advantage of current trends. It uses an “Inventory Management System” that allows it to manufacture its products in this way. This system is used by the operational managers to follow up the production process details. In addition, this system produces periodical reports (monthly and quarterly) to help middle managers control the production operations. In addition, the “Supply Chain Management System” allows H&M to collaborate with its suppliers to achieve efficiency and reduce manufacturing lead times by 15-20%. Reduced lead times reduce the risk of buying the wrong products. However, a little less than a year ago, H&M was struggling with a number of problems that decreased its revenues. Not only was it suffering from a sales decline, but the company also had unsold inventory worth $4 billion. So, what did H&M do to improve things? H&M introduced a new website and mobile application equipped with capabilities that promise to improve the customer’s experience such as live chat. In addition, they used “Scan & Find” technology at their stores. It is a feature that enables customers to find additional product information (such as available sizes) by scanning an item’s tag using their phone. These e-commerce and mobile enhancements and the new in-store technology seem to be paying off. In February 2019, H&M reported a 22% increase in online sales.

1* What are the 6 strategic objectives for using information systems, and which one applies to the new introduced Website and mobile application? Support your answer. (20 points)

2* Name and explain one main business process used by H&M. (20 points)

3* To which category of systems the “Supply Chain Management System” used by H&M belongs? What are the characteristics of this category of systems? (15 points)

4* What is the type of the “Inventory Management System”, described in this case, according to the different management groups (it could be 1 or more)? Support your answer. (15 points) 5* The last paragraph of the case introducing the new solution adopted by H&M, includes a collaboration tool. Specify this tool and specify to which category of collaboration tools it belongs? (15 points)

6* What is the role of the different information systems used by “H&M”? would the company survive without using these systems? (15 points)

XYZ was founded 10 years ago. It has been profitable for the last 5 years, but it has needed all of its earnings to support growth and thus has never paid a dividend. Management has indicated that it plans to pay a $1 dividend 3 years from today, then to increase it at a relatively rapid rate of 20% for 3 years, and then to increase it at a constant rate of 8% thereafter. Assuming a required return of 12%, what is your estimate of the stock's intrinsic value today?

a) Calculate the firm's non-constant dividends.

b) Calculate the firm's horizon value.

c) What is the firm's intrinsic value today, P̂ 0?

Founded in 1850. the American Express Company is a global travel financial and network services provider . Part A Find the most recent Annual Report for American Express at wwwamericanexpresscom and use the information found there to answer the following questions . 1. Read the Notes to the Financial Statements to determine the criteria for cash equivalents . 2. The internal control policy of American Express is described in the Report of Management . Summarize this policy 3. Which CPA firm conducts the external audit of American Express ? 4. Describe what internal audit is and some of the weaknesses American Express can face