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.
In: Economics
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 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 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.
|
Nitai’s nail SUPPLIES Comparative Income Statements for the year ended 30 June |
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|
2019 |
2020 |
|||||||||
|
Sales Cost of sales |
$400 000 350 000 |
$ 500 000 458 000 |
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|
Gross profit Interest income Loss on sale of fixtures |
50 000 1 000
|
42 000 2 000 800 |
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|
51 000 |
43 200 |
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|
Office supplies used Other expenses |
10 000 29 000 |
11 000 29 000 |
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|
39 000 |
42 000 |
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|
Profit |
$ 12 000 |
$ 3 200 |
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|
Nitai’s nail SUPPLIES Comparative Statements of Financial Position as at 30 June |
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|
2019 |
2020 |
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|
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 |
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|
$218 400 |
$226 800 |
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|
LIABILITIES AND EQUITY Bank overdraft Accounts payable Nitai, Capital |
— $ 26 000 192 400 |
$ 4 000 40 000 182 800 |
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|
$218 400 |
$226 800 |
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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
In: Accounting
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 closed economy influence their global strategy?
In: Economics
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 with a normal status that will make the instruction true.
In: Electrical Engineering
In: Math