Questions
On December 8, 1986, because of a severe business downturn, Ingram Manufacturing Company laid off 61...

On December 8, 1986, because of a severe business downturn, Ingram Manufacturing Company laid off 61 bargaining unit employees at plant no. 28. Then on June 12, 1987, the company subcontracted with Monroe Manufacturing Company for 49 wheels. Monroe Manufacturing Company was to fit, weld and machine the core of the wheel according to Ingram Manufacturing Company’s design. The local union representing workers at plant no. 28 has decided to file a grievance, alleging that the Company has violated the collective bargaining agreement by subcontracting work while employees are on layoff.

  1. To settle this matter, the union and Ingram Manufacturing Company are deciding whether to hire a permanent arbitrator to handle this grievance and future grievances, or an ad hoc arbitrator. Evaluate the merits of each kind of arbitrator.

In: Economics

Pick any two leaders who have served as the public face of information/leadership during this pandemic....

Pick any two leaders who have served as the public face of information/leadership during this pandemic. If you select politicians, try to select one each from the Republican and Democratic parties, or it can be anyone in a non-political capacity. Then use these people as EXAMPLES of type for the next section. While I realize this may be very subjected and perhaps controversial, please use these public figures as a conglomerate of examples and discuss why symbolic leadership needs to be balanced by other leadership perspectives in order to meet organizational (using this term to mean any collective body) needs.

Do you believe that long-lasting meaningful change will occur in our healthcare system because of this dramatic (catastrophic) catalyst? What type of leadership will it take?

In: Operations Management

EXCEL: In cell I4 insert formula(s) that will calculate the sum of Sales where COGS is...

EXCEL: In cell I4 insert formula(s) that will calculate the sum of Sales where COGS is greater than or equal to its average.

Date Product Region SalesRep Customer Sales COGS Sum of Sales:
4/19/2020 Product3 Region3 SalesRep2 Customer16 $           14,046 $             5,337
4/19/2020 Product7 Region4 SalesRep15 Customer72 $             2,504 $             1,703
4/19/2020 Product2 Region4 SalesRep18 Customer71 $             1,505 $                 843
4/19/2020 Product6 Region4 SalesRep14 Customer88 $             4,232 $             2,793
4/19/2020 Product3 Region4 SalesRep3 Customer65 $             5,947 $             3,390
4/19/2020 Product1 Region8 SalesRep6 Customer100 $             5,721 $             3,204
4/19/2020 Product10 Region8 SalesRep16 Customer68 $           14,744 $             5,308
4/19/2020 Product7 Region2 SalesRep1 Customer85 $             4,018 $             2,371
4/19/2020 Product10 Region5 SalesRep6 Customer6 $             6,442 $             4,445
4/19/2020 Product6 Region4 SalesRep7 Customer1 $             8,160 $             3,509
4/19/2020 Product7 Region2 SalesRep17 Customer28 $             7,520 $             4,738

In: Accounting

Walt, age 62, worked as an assembler for a private manufacturer and is a member of...

Walt, age 62, worked as an assembler for a private manufacturer and is a member of a bargaining unit represented by the International Brotherhood of Teamsters (IBT). He has served as a shop steward for many years. Due to an increasing number of missing parts in its assembly area, the company installed hidden security cameras in that area, as well as the employee locker rooms, to identify the source of the loss. Employees are permitted to place their own locks on their lockers to safeguard their personal belongings during work. In order to avoid tipping off employees, the company did not notify employees or the IBT of the installation of the cameras. After it appeared from video recorded by a camera in the men’s locker room camera that Walt may have placed some parts in his locker, the company cut his personal lock off the locker and found parts like those that had been missing. Although Walt had maintained a clean disciplinary record for over twenty years, he was immediately terminated for theft. The collective bargaining agreement (CBA) between the company and the IBT makes no reference to the installation of security cameras in the workplace nor to the company’s ability to search employee lockers. The CBA does require that all terminations be based upon just cause, which is not defined. However, progressive discipline is specifically required before any termination may be imposed.

If the IBT filed an unfair labor practice charge with the National Labor Relations Board challenging only the company’s installation of the cameras and its search of Walt’s locker (not challenging Walt’s termination), what would be the likely basis for the charge? What issues should the IBT raise and WHY?

If the IBT filed a grievance on Walt’s behalf pursuant to the terms of the collective bargaining agreement challenging his termination, what would be the likely basis for the grievance? What issues should the IBT raise and WHY?

Please be very very detailed.

In: Operations Management

The financial statements for the Nitai’s Nail Supplies for the past two years are presented below....

The financial statements for the Nitai’s Nail Supplies for the past two years are presented below.

Nitai’s nail SUPPLIES

Comparative Income Statements

for the year ended 30 June

    2019

   2020

Sales

Cost of sales

$400 000

350 000

$ 500 000

   458 000

Gross profit

Interest income

Loss on sale of fixtures

50 000

1 000

    

42 000

     2 000

     800

51 000

   43 200

Office supplies used

Other expenses

10 000

   29 000

11 000

    29 000

   39 000

    42 000

Profit

$  12 000

$     3 200

Nitai’s nail SUPPLIES

Comparative Statements of Financial Position

as at 30 June

  2019

  2020

ASSETS

Cash at bank

Accounts receivable

Inventory

Office supplies

Freehold property

Fixtures

Accumulated depreciation – fixtures

Investments

$   4 400

42 000

80 000

2 000

60 000

40 000

(16 000)

   6 000

$60 000

40 000

5 000

80 000

46 000

(20 200)

   16 000

$218 400

$226 800

LIABILITIES AND EQUITY

Bank overdraft

Accounts payable

Nitai, Capital

$  26 000

192 400

$   4 000

40 000

182 800

$218 400

$226 800

Additional information

(a) All purchases and sales of inventories are on credit. All purchases of office supplies are for cash.

(b) The bank overdraft is considered to be part of the entity’s cash management function.

(c) During the year ended 30 June 2020, the owner, Nitai, withdrew $12 800 in cash for personal use.

(d) The entity sold some fixtures for $1200 cash during the current year. These fixtures initially cost $4200 and had been written down to a carrying amount at the date of sale of $2000.

(e) Depreciation of fixtures has been included in ‘other expenses’ for the year ended 30 June 2020. All remaining other expenses were paid in cash.

Required

  1. Prepare the statement of cash flows for Nitai’s Nail Supplies for the year ended 30 June 2020, using the direct method. Show relevant ledger accounts (Account receivable, inventory, account payable, office supplies, accumulated depreciation fixtures, fixtures).                 
  2. Comment on the cash flow position of the entity as shown in the statement of cash flows.

                                                                                                           

In: Accounting

Whiskey Industries Ltd., a Nanaimo, British Columbia–based company, has a December 31 year end. The company’s...

Whiskey Industries Ltd., a Nanaimo, British Columbia–based company, has a December 31 year end. The company’s comparative statement of financial position and its statement of income for the most recent fiscal year are presented here, along with some additional information:

1. During the year, Whiskey Industries sold, for $470 cash, equipment that had an original cost of $940 and a net carrying amount of $190.
2. Whiskey Industries borrowed an additional $7,520 by issuing notes payable in 2020.
3. During the year, the company purchased a piece of land for a future manufacturing site for $188,000. The land was purchased with no money down and the company entered into a mortgage payable for the full amount.
WHISKEY INDUSTRIES LTD.
Statement of Financial Position
As at December 31, 2020
2020 2019
Assets
Current assets
    Cash $5,690 $18,330
    Accounts receivable 9,400 18,800
    Prepaid rent 560 470
    Inventory 37,600 28,200
Total current assets 53,250 65,800
Manufacturing equipment 149,460 94,000
Accumulated depreciation, manufacturing equipment (65,050 ) (47,000 )
Land 188,000 0
Total assets $325,660 $112,800
Liabilities and shareholders’ equity
Current liabilities
    Accounts payable $10,340 $5,640
    Wages payable 560 380
    Dividends payable 440 280
Total current liabilities 11,340 6,300
Mortgage payable 188,000 0
Notes payable 43,240 37,600
Common shares 27,260 23,500
Retained earnings 55,820 45,400
Total liabilities and shareholders’ equity $325,660 $112,800
WHISKEY INDUSTRIES LTD.
Statement of Income
For the year ended December 31, 2020
Sales $122,200
Cost of goods sold 75,200
Gross margin 47,000
Expenses
    Rent expense 6,670
    Wages expense 9,020
    Depreciation expense 18,800
    Interest expense 560
    Income tax expense 490
Gain on sale of equipment (280)
Net income $11,740

(a)

Using the information above, prepare the statement of cash flows for Whiskey Industries Ltd. for the year ended December 31, 2020, using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)

Supplementary disclosures:
       Cash paid for interest $
       Cash paid for income tax $


Non-cash investing and financing activities:

During the year, land with a value of $  was acquired by signing a mortgage payable for the full amount.

In: Accounting

What is the global competitiveness of Brazilian multinationals. Does the fact that Brazil has a pretty...

What is the global competitiveness of Brazilian multinationals. Does the fact that Brazil has a pretty closed economy influence their global strategy?

In: Economics

Show that the integral ( over a volume) of the curl of the vector A is...

Show that the integral ( over a volume) of the curl of the vector A is equal to the integral over a closed surface (containing the volume) of A x da

In: Advanced Math

(TCO 2) Describe the “Examine If Closed” instruction and provide an example of a physical component...

(TCO 2) Describe the “Examine If Closed” instruction and provide an example of a physical component with a normal status that will make the instruction true.

In: Electrical Engineering

What does the Extreme Value Theorem say? Explain how to find the absolute extrema of a...

What does the Extreme Value Theorem say? Explain how to find the absolute extrema of a continous function on a closed interval.

In: Math