Write about Collective Bargaining with examples in companies and its benefits.
In: Operations Management
On December 31, 2010, Harris Co. leased a machine from Catt, Inc. for a five-year period. Equal annual payments under the lease are 630,000 (including 30,000 annual executory costs) and are due on December 31 of each year. The first payment was made on December 31, 2010, and the second payment was made on December 31, 2011. The five lease payments are discounted at 10% over the lease term. The, present value of minimum lease payments at the inception of the lease and before the first annual payment was $2,502,000. The lease is appropriately accounted for as a finance lease by Harris. In its December 31, 2010. balance sheet, Harris should report a current lease liability of:
A. 600,000.
B. 630,000.
C. 409,800.
D. 1,902,000
In: Accounting
|
2010 |
2009 |
||
|
Sales |
$ 4,400 |
$ 3,760 |
|
|
Cost of goods sold |
2,500 |
2,750 |
|
|
Gross margin |
1,900 |
1,010 |
|
|
Operating expenses |
750 |
380 |
|
|
Operating income |
1,150 |
630 |
|
|
Interest expense |
250 |
130 |
|
|
Income before taxes |
900 |
500 |
|
|
Income taxes (25%) |
225 |
125 |
|
|
Net income |
$ 675 |
$ 375 |
|
a. In a common-size analysis, what percentage would you show for Income taxes for 2010?
| 5.50% |
| -5.60% |
| 18.50% |
|
5.11% |
b. In a vertical, common sized analysis, what percentage would you show for Operating expenses for 2009?
| 10.11% |
| 17.05% |
| 8.80% |
| 10.30% |
c.
What percentage of sales was the gross profit margin in 2010?
| 56.82% |
| 43.18% |
| 26.86% |
| 73.14% |
In: Accounting
Right after the poll stations are closed at 17:00, a political
candidate receives the
information that out of the 50 people interviewed her approval
“count” is 24. As a statistics
lover, she immediately tests the null hypothesis that her
population approval rate is less than
or equal 0.50 against its respective alternative, at the 5% level
of statistical significance. What
is the conclusion of this test? Suppose in every consecutive 15
minutes, number of people
interviewed increases by 5 and approval count increases by 4. Find
the earliest time, HH:MM,
that she can declare her victory based on her tests of hypotheses.
Note that a formal
statistical/algebraic solution is expected with proper terminology
and notation.
In: Statistics and Probability
Gear Company records $2,000 of depr
eciation under the sum-of-ye
ars’-digits method in
2019, the company’s first year
of operations. In 2020, the comp
any decides to change to the
straight-line method f
or accounting purposes. If the straight-l
ine method were used in 2019,
depreciation would have b
een $1,500. Depreciation in 2020 under
the straight-line method is
$1,800 (depreciated based on the
book value on January 1, 2020)
. The tax rate is 25%.
Income from continuing operati
ons before tax and before deducti
ng depreciation in 2020 is
$12,000.
REQUIRED:
Provide the 2020 entry to record t
his change and calculate 2020
net income.
In: Accounting
1. From 2010-2020 the median home value in the city of Fort William grew exponentially. The median home value during this time period changed by 12% per year.
If the 1-year percent change is 12%, what is the 1-year growth factor?
Use your answer to part (a) to complete the following table of values showing the median home value in Fort William at various times.
| years since the beginning of 2010, tt | median home value in Fort William (in dollars) |
| 0 | 182,400 |
| 1 | 204,288 |
| 2 | |
| 3.25 | 263,623 |
| 4.25 | |
| 5.25 |
Define a function ff that models the median home value in Fort William tt years since the beginning of 2010 (assuming 0≤t≤10). Be sure to use function notation.
2. A city's population grows exponentially by 5% per year.
What is the 1-year growth factor for the population?
Fill in the missing information in the table below.
| years since the beginning of 2015, n | the city's population, p=g(n) |
| 0 | 160,000 |
| 1 | 168,000 |
| 2 | 176400 |
| 4.25 | 196,800 |
| 5.25 | 206711 |
c. Define a function g to model the citys population n years since the beginning of 2015.
3. The given table of values represents an exponential function (that is, a relationship where the growth factor is constant for the same size changes in x).
| x | y=f(x) |
| -1 | 384 |
| 0 | 576 |
| 1 | 864 |
| 2 | 1,296 |
Use the entries in the table to determine the 1-unit growth factor for y in this relationship.
The 1-unit growth factor is .
The 1-unit percent change for values of y is %
Define a formula for function f. Be sure to use function notation.
Fill in the missing entries in the table. Note: Pay close attention to how the values of x change. Not all changes are 1 unit. You can also use the formula you defined.
| x | y=f(x) |
| -1 | 384 |
| 0 | 576 |
| 1 | 864 |
| 2 | 1,296 |
| 3 | |
| 5 | |
| 14,762.25 |
In: Math
The population from 1975 to 2015 are given below
|
Year |
1980 |
1995 |
2010 |
2020 |
|
Population In 1000s |
10 |
20 |
32 |
44 |
In: Civil Engineering
|
ND |
||
|
4-Jan-2010 |
|
||
|
3-Jan-2011 |
81.5600 |
||
|
2-Jan-2012 |
ND |
||
|
3-jan-2012 |
76.6700 |
||
|
1-Jan-2013 |
ND |
||
|
2-Jan-2013 |
87.1000 |
||
|
1-Jan-2014 |
ND |
||
|
2-Jan-2014 |
104.8400 |
||
|
1-Jan-2015 |
ND |
||
|
2-Jan-2015 |
120.2000 |
||
|
1-Jan-2016 |
ND |
||
|
4-Jan-2016 |
119.3000 |
||
|
2-Jan-2017 |
ND |
||
|
3-Jan-2017 |
117.6800 |
||
|
1-Jan-2018 |
ND |
||
|
2-Jan-2018 |
112.1800 |
||
|
1-Jan-2019 |
ND |
||
|
2-Jan-2019 |
109.2200 |
||
|
1-Jan-2020 |
ND |
||
|
2-Jan-2020 |
108.4300 |
Look at the data for the Japanese yen from 2000 to the present. Assume that you were in Tokyo for New Year’s Eve from January 1, 2010 to January 1 this year and bought a bento (box lunch) for 1000 yen each year. Convert this amount to dollars for the first day in January that data is available for each of the years you were in Tokyo.
In: Economics
Donohue Professional Services has three employees-a consultant, a computer programmer, and an administrator. The following payroll information is available for each employee: Consultant Computer Programmer Administrator Regular earnings rate $2,910 per week $30 per hour $40 per hour Overtime earnings rate Not applicable 1.5 times hourly rate 2 times hourly rate Number of withholding allowances 3 2 1 For the current pay period, the computer programmer worked 60 hours and the administrator worked 50 hours. The federal income tax withheld for all three employees, who are single, can be determined by adding $340.44 to 28% of the difference between the employee's amount subject to withholding and $1,687.00. Assume further that the social security tax rate was 6%, the Medicare tax rate was 1.5%, and one withholding allowance is $70
In: Accounting
On-the-Go, Inc., produces two models of traveling cases for laptop computers: the Programmer and the Executive. The bags have the following characteristics:
| Programmer | Executive | |||||
| Selling price per bag | $ | 70 | $ | 100 | ||
| Variable cost per bag | $ | 40 | $ | 50 | ||
| Expected sales (bags) per year | 8,000 | 12,000 | ||||
The total fixed costs per year for the company are $679,000.
Required:
a. What is the anticipated level of profits for the expected sales volumes?
b. Assuming that the product mix is the same at the break-even point, compute the break-even point. (Round your final answer up to the nearest whole unit.)
c. If the product sales mix were to change to nine Programmer-style bags for each Executive-style bag, what would be the new break-even volume for On-the-Go? (Round your final answer up to the nearest whole unit.)
In: Accounting