Questions
Howard Gardner (1999) proposed the concept of multiple intelligences (see Table 9.1) which presents eight different...

Howard Gardner (1999) proposed the concept of multiple intelligences (see Table 9.1) which presents eight different forms of intelligence each independent from the others. Pick one of the 8 that most strongly appeals to you and share your reasons why. Briefly identify one difficulty associated with measuring your choice. Remember to substantiate your DQ with a ‘peer reviewed’ academic journal and to ensure you read, and understand, the criterion of the evaluation rubric.

In: Psychology

Western State University (WSU) is preparing its master budget for the upcoming academic year. Currently, 14,000...

Western State University (WSU) is preparing its master budget for the upcoming academic year. Currently, 14,000 students are enrolled on campus; however, the admissions office is forecasting a 8 percent growth in the student body despite a tuition hike to $80 per credit hour. The following additional information has been gathered from an examination of university records and conversations with university officials:

•WSU is planning to award 150 tuition-free scholarships.

•The average class has 35 students, and the typical student takes 20 credit hours each semester. Each class is four credit hours.

•WSU’s faculty members are evaluated on the basis of teaching, research, and university and community service. Each faculty member teaches five classes during the academic year.

Required:

1.Prepare a tuition revenue budget for the upcoming academic year.

2.Determine the number of faculty members needed to cover classes.

3.Assume there is a shortage of full-time faculty members. Select at least five actions that WSU might take to accommodate the growing student body by selecting an "X" next to the action.

4.You have been requested by the university’s administrative vice president (AVP) to construct budgets for other areas of operation (e.g., the library, grounds, dormitories, and maintenance). The AVP noted: “The most important resource of the university is its faculty. Now that you know the number of faculty needed, you can prepare the other budgets. Faculty members are indeed the key driver—without them we don’t operate.” Are faculty members a key driver in preparing budgets?

Prepare a tuition revenue budget for the upcoming academic year.

Tuition revenue budget:

Total student body

0

Tuition-paying students

0

Total credit hours

0

Determine the number of faculty members needed to cover classes.

Faculty needed     

Assume there is a shortage of full-time faculty members. Select at least five actions that WSU might take to accommodate the growing student body by selecting an "X" next to the action.

Hire part-time instructors

Use graduate teaching assistants

Increase the teaching load for each professor

Reduce the number of courses offered.

Increase class size and reduce the number of sections to be offered

Have students take an Internet-based course offered by another university

Shift courses to a summer session

You have been requested by the university’s administrative vice president (AVP) to construct budgets for other areas of operation (e.g., the library, grounds, dormitories, and maintenance). The AVP noted: “The most important resource of the university is its faculty. Now that you know the number of faculty needed, you can prepare the other budgets. Faculty members are indeed the key driver—without them we don’t operate.” Are faculty members a key driver in preparing budgets?

Yes

No

In: Accounting

Western State University (WSU) is preparing its master budget for the upcoming academic year. Currently, 12,000...

Western State University (WSU) is preparing its master budget for the upcoming academic year. Currently, 12,000 students are enrolled on campus; however, the admissions office is forecasting a 5 percent growth in the student body despite a tuition hike to $70 per credit hour. The following additional information has been gathered from an examination of university records and conversations with university officials:

WSU is planning to award 140 tuition-free scholarships.

The average class has 20 students, and the typical student takes 10 credit hours each semester. Each class is two credit hours.

WSU’s faculty members are evaluated on the basis of teaching, research, and university and community service. Each faculty member teaches five classes during the academic year.

Required:

Prepare a tuition revenue budget for the upcoming academic year.

Determine the number of faculty members needed to cover classes.

Assume there is a shortage of full-time faculty members. Select at least five actions that WSU might take to accommodate the growing student body by selecting an "X" next to the action.

You have been requested by the university’s administrative vice president (AVP) to construct budgets for other areas of operation (e.g., the library, grounds, dormitories, and maintenance). The AVP noted: “The most important resource of the university is its faculty. Now that you know the number of faculty needed, you can prepare the other budgets. Faculty members are indeed the key driver—without them we don’t operate.” Are faculty members a key driver in preparing budgets?

repare a tuition revenue budget for the upcoming academic year.

Tuition revenue budget:
Total student body
Tuition-paying students
Total credit hours

Forecasted tuition revenue

Assume there is a shortage of full-time faculty members. Select at least five actions that WSU might take to accommodate the growing student body by selecting an "X" next to the action.

Hire part-time instructors
Use graduate teaching assistants
Increase the teaching load for each professor
Reduce the number of courses offered.
Increase class size and reduce the number of sections to be offered
Have students take an Internet-based course offered by another university
Shift courses to a summer session

Determine the number of faculty members needed to cover classes.

Faculty needed     

You have been requested by the university’s administrative vice president (AVP) to construct budgets for other areas of operation (e.g., the library, grounds, dormitories, and maintenance). The AVP noted: “The most important resource of the university is its faculty. Now that you know the number of faculty needed, you can prepare the other budgets. Faculty members are indeed the key driver—without them we don’t operate.” Are faculty members a key driver in preparing budgets?

Show less

Yesradio button unchecked1 of 2
Noradio button unchecked2 of 2

In: Accounting

Kevin is 25 years old. He is intelligent; however, he has very limited oral language skills...

  1. Kevin is 25 years old. He is intelligent; however, he has very limited oral language skills and displays many characteristics expected of an adult with severe autism. When Kevin was 3 years old he was diagnosed with autism. He was immediately enrolled in a pre-school program for children with disabilities under Part H (now Part C) of the Individuals with Disabilities Education Act. At the age of 6, Kevin transitioned to kindergarten. He was in a self-contained special education classroom for children with severe disabilities for the first three years. Beginning in the third grade, Kevin was included in a regular classroom for a small portion of each day. Surprisingly to his parents and many teachers, he did better in his new placement than the special education placement. His behavior improved; his oral language improved; and his general academic performance improved. As a result of his success, Kevin's time in the inclusive setting was increased over the next several years until he was included for approximately 80% of the school day by the sixth grade. Kevin continued to progress. When he went to junior high school, Kevin's time in a special education setting was again increased; he was placed in some regular classes, mostly those with a lower academic expectations. In high school Kevin's placement in special education settings increased again, primarily because of his difficulty with higher academic tasks. His IEP focused more on functional classes and pre-vocational activities.

    Since Kevin completed his high school program at the age of 22, he has been attending an adult day service program. He recently moved to a group home for individuals with moderate to severe disabilities. Kevin's educational program provided him with many benefits. Had he been born 20 years earlier, he would have been school age before the passage of Public Law 94-142. This likely would have meant that Kevin would not have had access to public education; his parents could have easily placed him in an institutional setting because there would have been no other programming options. While Kevin would have likely benefited from more inclusion in middle and secondary schools, his earlier inclusion improved his social skills and enabled him to learn some basic academic skills that he still uses and enables him to live semi-independently.

    1. How would Kevin’s life be different had he been born in 1950 rather than in the 1980s? How?

    2. Would more inclusion in secondary schools have had a positive or negative impact on Kevin’s future success?. How so?

    3 Has IDEA been a success or failure for Kevin and many other individuals with disabilities? Explain your response.

In: Economics

List three specific things that would cause the demand for ride-share services (i.e., Uber or Lyft)...

List three specific things that would cause the demand for ride-share services (i.e., Uber or Lyft) to shift. Use three different categories (all 5 listed below) of demand-shifters in your answer.

  • Changes in Income
    • Normal good – a good for which a positive relationship exists between changes in consumer income and changes in demand
    • Inferior good – a good for which an inverse relationship exists between changes in consumer income and changes in demand
  • Prices of related goods
    • Substitutes – goods for which a positive relationship exists between changes in the price of one and changes in demand for the other
    • Complements – goods for which an inverse relationship exists between changes in the price of one and changes in demand for the other
  • Changes in Consumer Tastes
    • Fads
    • Changes in quality
  • Changes in Consumer Expectations
    • Changes in Price Expectations
    • Changes in Income Expectations
  • The size of the market

In: Economics

Bayside Inc. 2005 Income Statement ($ in thousands) Net sales $5,680 Less: Cost of goods sold...

Bayside Inc. 2005 Income Statement ($ in thousands)

Net sales $5,680

Less: Cost of goods sold 4,060

Less: Depreciation 420

Earnings before interest and taxes 1,200

Less: Interest paid 30

Taxable Income $1,170

Less: Taxes 410

Net income $ 760

Bayside, Inc. 2004 and 2005 Balance Sheets ($ in thousands)

2004 2005 2004 2005

Cash $ 70 $ 180 Accounts payable $1,350 $1,170

Accounts rec. 980 840 Long-term debt 720 500

Inventory 1,560 1,990 Common stock 3,200 3,500

Total $2,610 $3,010 Retained earnings 940 1,200

Net fixed assets 3,600 3,360

Total assets $6,210 $6,370 Total liabilities & equity $6,210 $6,370

Calculate the following: for 2005 only (You will show your work ). Additional Information at the end of 2005:

Fair Market Value of the Stock $190 per share

Number of Common Shares Outstanding 100,000

Dividends paid during 2005 - $4 per share

Calculate the Current Ratio for 2005.

A current ratio of 2.2 would appear to show that the company has a healthy current ratio.Is this statement true or false.

What is the Quick Ratio for this company for 2005?

Calculate the Inventory Turnover in days for 2005.

If a seller of fresh fruit had an Inventory Turnover Ratio of 125 days, would this be a good ratio?

Calculate the Average Days Sales for Collecting Receivables.

If this companies terms are Net 15 on items it sells and its Average Days Sales for collecting those receivables is 39 days, should the company be concerned?

Calculate the Debt to Equity Ratio.

The ratio reflects that the company has used more debt than equity to finance the growth of the company.

Calculate the Profit Margin for the company.

Explain this Profit Margin Percentage. What does it mean?

Calculate the Earnings Per Share for the company.  (Net Income/Oustanding Shares)

Calculate the Price to Earnings Ratio.

If the industry Price to Earnings ratio is at 15, what could account for the difference from the industry average?

CAlculate

Beginning Retained Earnings $100,000

Dividends Paid for the Year $20,000

Net Loss for the Year $30,000

Based on the information above, the Ending Retained Earnings Balance will be?

In: Finance

Business Ethics, book Velasquez 7th edition, pg.113 People in West African countries, among the poorest in...

Business Ethics, book Velasquez 7th edition, pg.113

People in West African countries, among the poorest in the world, survive on $ 1 a day and have a life expectancy of 46 years. But in 2004, Equatorial Guinea had a GDP ( Gross Domestic Product) of $ 4,472 per person, the highest in West Africa. In 1995, Equatorial Guinea found oil off its coast, and by 2004 ExxonMobil, Amerada Hess, and Marathon Oil all U. S. oil companies were helping that West African country produce $ 4 billion of oil revenues a year. Equatorial Guineas inexperienced government agreed to give 80 percent of these revenues to the oil companies that drilled the oil for them, although oil companies in developing nations usually take about 50 percent of revenues from oil projects. The oil companies channel through Riggs Bank, a 2004 Senate report revealed hundreds of millions of dollars to Equatorial Guineas president, T. Nguema, and his family for land purchases, security services, and office leases. A Department of Energy report says that because Nguema and his family run the government, the 20 percent of oil revenues that go to the government are spent on lavish personal expenditures, and so most oil money is concentrated in the hands of top government officials while the majority of the population remains poor. If Nguema had not been paid, of course, the Equatorial Guinea government would never have approved the oil project. ExxonMobil says it has spent $ 4 million and Marathon Oil and Amerado Hess claim to have invested millions of dollars on schools, libraries, programs for malaria, polio, and AIDS, health clinics, bridges, waterways, and electricity. A U. S. human rights report says Equatorial Guineas government violates citizens rights of free speech, of the press, of assembly, of due process, of association, of religion, and of movement and uses torture, beatings, and other physical abuse against political opponents.

1. What would utilitarianism, rights theory, and justice say about ExxonMobil, Amerada Hess, and Marathon Oil activities in Equatorial Guinea?

What would utilitarianism, rights theory, and justice say about these activities of Exxon Mobile, Amerada Hess, and Marathon Oil in Equatorial Guinea?

In: Economics

READ THE ETHICAL DILEMMA BELOW “Shell Is First Energy Company to Link Executive Pay and Carbon...

READ THE ETHICAL DILEMMA BELOW

“Shell Is First Energy Company to Link Executive Pay and Carbon Emissions” (Source: Business Law Newsletter, January 2, 2019)

According to the article, Royal Dutch Shell is giving its executives a powerful new reason to care about the environment.

The Anglo-Dutch energy firm said recently that it will establish short-term carbon emissions targets starting in 2020 after coming under pressure from investors. In an industry first, it plans to link executive pay to hitting the targets.

Major shareholders including the Church of England and Robeco have demanded that Shell do more to tackle emissions. They say its earlier goal of cutting carbon emissions by half by 2050 did not go far enough.

Shell said in a statement that it would set carbon reduction goals that cover periods of three to five years. The targets will be set on an annual basis and run to 2050.

The oil company did not set out specific carbon benchmarks. And it said that shareholders would not vote on changes to executive remuneration until 2020.

Climate Action 100+, a group of 310 investors with over $32 trillion in assets under management, said in a joint statement with Shell that it strongly supported the company in taking “these important steps.”

Shell made the announcement as the United Nations’ annual talks on climate change got underway in Poland.

Shell said it would be the first major energy company to link executive compensation and carbon goals. Crucially, it’s committing to cut emissions generated by both its activities and the products it sells.

“That Shell has now embedded its ambition in its remuneration policy offers confidence that Shell is really committed to it,” said Corien Wortmann, chair of the pension fund ABP.

Moves by major corporations to reduce carbon emissions should help governments meet targets established under the Paris Climate Agreement, which seeks to keep rises in global temperatures below 2 degrees Celsius.

The UN Intergovernmental Panel on Climate Change warned in October that the planet will reach the crucial threshold of 1.5 degrees Celsius by as early as 2030, precipitating the risk of extreme drought, wildfires, floods and food shortages for hundreds of millions of people. It said companies and governments must act faster.

Emma Howard Boyd, chair of the UK Environment Agency, praised Shell on Monday for moving to set short-term targets.

“We hope that this unique joint statement between institutional investors and an oil and gas major, will inspire other leaders to take bold action,” she said in a statement. “We would encourage the rest of the sector to follow Shell’s lead.”

Shell announced in 2016 that it would link greenhouse gas emissions to executive compensation.
It isn’t the only Big Oil company to come under pressure from investors over the environment. Last year, US-based ExxonMobil agreed to reveal the risks it faces from climate change and the global crackdown on carbon emissions.

Respond to the following questions:

2. Comment on Royal Dutch Shell’s plan to link executive pay to the achievement of carbon emissions targets.

3. In your reasoned opinion, which is the most preferable option in terms of carbon emissions:

a) the government mandating that energy companies like Royal Dutch Shell comply with heightened carbon emissions targets established by the government;
b) energy companies like Royal Dutch Shell establishing their own heightened carbon emissions targets and methods to ensure reaching such targets; or
c) doing nothing other than complying with existing regulatory standards established by individual countries ?
Explain your responses.

In: Finance

Some Accounting for Inventories questions I have: 1. CAISCO Sales Inc. had a beginning inventory of...

Some Accounting for Inventories questions I have:

1.

CAISCO Sales Inc. had a beginning inventory of May comprising of 700 units that had a cost of $80/unit. A summary of purchases and sales during the month of May are as follows:

Date Unit Cost Units Purchased Units sold
May 2 400
May 6 $83 1,200
May 10 900
May 19 $85 800
May 23 500
May 30 $88 300




If CAISCO Sales Inc. uses a periodic inventory system, which of the following statements is true?

CAISCO Sales Inc. must use the weighted average cost flow assumption since a perpetual inventory system is used.

CAISCO Sales Inc. must use the FIFO cost flow assumption since a periodic inventory system is used.

None of the other alternatives are correct

CAISCO Sales Inc.'s ending inventory will be higher if FIFO is used than if LIFO is used.

CAISCO Sales Inc.'s ending inventory consists of 1,200 units only if FIFO cost flow method IS assumed.

2.

Chime Inc. counted and valued its inventory using the first-in, first-out (FIFO) cost flow assumption at both December 31, 2004 and 2005 and reported these amounts on its financial statements. While there was no consignment inventory on hand at December 31, 2005, there was at December 31, 2004. If consignment inventory (inventory not belonging to Chime, but stored on its premises), had been inadvertently counted and included in the 2004 inventory valuation, the

inventory would have been understated at December 31, 2005

inventory would have been overstated at December 31, 2005

net income would have been understated in 2004

None of the other alternatives are correct

net income would have been understated in 2005

3.

The following information relates to the inventory of ABC Inc. who uses a perpetual inventory system:

Date Transaction # Units Unit cost/sales price
December 4 Opening inventory 300 $15
December 10 Purchase inventory 100 $18
December 15 Sell inventory 320 $27
December 20 Purchase inventory 150 $20
December 29 Sell inventory 100 $30



What is the value of inventory on hand after the December 29 sale if LIFO is used?
$3,900
$2,600
$1,950
$2,200
$2,400
4.
Meanmocha Hardware has a periodic inventory system and uses the weighted average method. The company began the month of November with 150 large brass switch plates on hand at a cost of $4.00 each. These switch plates sell for $7.00 each. The following schedule sets forth the purchases of switch plates during November:

Date of Transaction Quantity Received Unit Cost
November 7 200 $4.20
November 11 200 $4.40
November 22 250 $4.80



If Meanmocha sells 570 switch plates for $7.00 each during November. What is the company's gross profit for November (rounded to the nearest dollar)?
$1,482
$1,516
$1,528
$1,046
Some other amount

In: Accounting

You are a PM consultant who has been brought in by several small churches who wish to donate items for Hurricane victims in Houston.

You are a PM consultant who has been brought in by several small churches who wish to donate items for Hurricane victims in Houston. The group wants you to provide them a listing of the work they need to complete (the scope).

Directions

Work Breakdown Structure.

Your Work Breakdown Structure has to meet the following criteria:

  • It has to tell the person doing the work what a good job is before they start, create a clear performance expectation.

  • It has to be unambiguously measurable. You don’t want to require a meeting to decide whether the task is done. You and the church executives need hard-edged measures of project progress that are not open to interpretation or word games.

  • Break the project down into large to smallest task to be completed

In: Economics