If you were the CEO of a company, what would you do to your compensation and benefits plan to make it effective in aligning employee behavior and performance with the needs of the enterprise? Additionally, please read the article in the “Readings and Resources” section above on performance evaluation and share your views – pro and con – on eliminating such reviews.

a) The manager of Ghana Boxes company has a lot of challenges managing its stock item in inventory, the company has decided to employ a stores manager, you have been shortlisted as an applicant suitable for the job, you have been asked by a panel member in the interview, to explain the likely challenges affecting the stores of the box production company and suggest ways through which as a potential store manager, mechanisms you would adopt to ensure inventory are managed within the standard practice.

b) In your view to protect the investment of the company, what measures would you suggest that the company adopts to protect the capital invested in the stock items and why?

c) Finally, in the bid to keep accurate records explain the various stock-taking methods available to the stock manager and how these would differ between your choice of the company above and a grocery store?

Computing and Assessing Plant Asset Impairment

Zeibart Company purchases equipment for $225,000 on July 1, 2016, with an estimated useful life of 10 years and expected salvage value of $25,000. Straight-line depreciation is used. On July 1, 2020, economic factors cause the fair value of the equipment to decline to $90,000. On this date, Zeibart examines the equipment for impairment and estimates $125,000 in future cash inflows related to use of this equipment.

a. Is the equipment impaired at July 1, 2020? Explain.

b. If the equipment is impaired on July 1, 2020, compute the impairment loss and prepare a journal entry to record the loss.

c. What amount of depreciation expense would Zeibart record for the 12 months from July 1, 2020 through June 30, 2021? Prepare a journal entry to record this depreciation expense.

(Hint: Assume no change in salvage value.)

d. Using the financial statement effects template, show how the entries in parts b and c affect Zeibart Company's balance sheet and income statement.

Problem 16-5 Change in tax rate; record taxes for four years [LO16-1, 16-4, 16-5]

The DeVille Company reported pretax accounting income on its income statement as follows:
   

   
Included in the income of 2018 was an installment sale of property in the amount of $52,000. However, for tax purposes, DeVille reported the income in the year cash was collected. Cash collected on the installment sale was $20,800 in 2019, $26,000 in 2020, and $5,200 in 2021.

Included in the 2020 income was $21,000 interest from investments in municipal bonds.

The enacted tax rate for 2018 and 2019 was 30%, but during 2019 new tax legislation was passed reducing the tax rate to 25% for the years 2020 and beyond.

Required:
Prepare the year-end journal entries to record income taxes for the years 2018–2021. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

(I have posted this question three times without any answer! please answer it. I really need the answer)

Using openERP open-source (Odoo 10) systems, you will have to build HR & Finance business processes into the system.

You will have to build ( a University or any company of your choosing) HR business processes using one of the tool you found interesting.

You will have to find out improvements of the process

Add the business rules to the processes

You will have to build (the same University or the company that you have chosen above) Finance business processes using one of the tool you found interesting.

You will have to find out improvements of the process

Add the business rules to the processes

You have recently been employed by a company that wants to “go global” and you have been selected to help research this possibility. The CEO has instructed you to research the country of France and report back. You must prepare a report on your country’s religion, government, and technology structures.

Presented below are three independent situations.

1. Ivanhoe Stamp Company records stamp service revenue and provides for the cost of redemptions in the year stamps are sold to licensees. Ivanhoe’s past experience indicates that only 80% of the stamps sold to licensees will be redeemed. Ivanhoe’s liability for stamp redemptions was $13,180,300 at December 31, 2019. Additional information for 2020 is as follows.

If all the stamps sold in 2020 were presented for redemption in 2021, the redemption cost would be $5,191,300. What amount should Ivanhoe report as a liability for stamp redemptions at December 31, 2020?

2. In packages of its products, Shamrock Inc. includes coupons that may be presented at retail stores to obtain discounts on other Shamrock products. Retailers are reimbursed for the face amount of coupons redeemed plus 10% of that amount for handling costs. Shamrock honors requests for coupon redemption by retailers up to 3 months after the consumer expiration date. Shamrock estimates that 60% of all coupons issued will ultimately be redeemed. Information relating to coupons issued by Shamrock during 2020 is as follows.

What amount should Shamrock report as a liability for unredeemed coupons at December 31, 2020?

3. Bridgeport Company sold 692,300 boxes of pie mix under a new sales promotional program. Each box contains one coupon, which submitted with $4.50, entitles the customer to a baking pan. Bridgeport pays $6.50 per pan and $1.00 for handling and shipping. Bridgeport estimates that 70% of the coupons will be redeemed, even though only 244,200 coupons had been processed during 2020. What amount should Bridgeport report as a liability for unredeemed coupons at December 31, 2020?