Questions
Describe the difference between individual and group incentive plans. Do you feel group incentive plans are...

Describe the difference between individual and group incentive plans.
Do you feel group incentive plans are beneficial to the company and/or the employees involved?

In: Operations Management

Company insiders who can earn excess profits on company stock based on their private knowledge suggest...

Company insiders who can earn excess profits on company stock based on their private knowledge suggest that financial markets are:

a. weak from efficient

b. strong form efficient

c. semistrong form efficient

d. not efficient in any form

In: Finance

Times-Interest-Earned Ration Calculated the times-interest-earned ratio for Smith & Sons Inc for 2015 and 2016 and...

Times-Interest-Earned Ration
Calculated the times-interest-earned ratio for Smith & Sons Inc for 2015 and 2016 and comment on the company’s ability to pay its current interest payments. Did the company’s ability to pay its current interest changes improve?
Time interest earned ration = Income before interest expense and income taxes/Interest expense
Smith & Sons, Inc
Balance Sheet
Decemober 31, 2016 and 2015
(In millions) 2016 2015
Net sales          10,000            9,500
Cost of goods sold          (5,500)          (5,200)
Gross profit            4,500            4,300
Selling and administrative expenses          (2,800)          (2,700)
Income from operations            1,700            1,600
Interest expense              (300)             (250)
Income before income taxes            1,400            1,350
Income tax expenses              (420)             (400)
Net Income                980                950

In: Accounting

Please using your OWN words give a response to the segment below. Can be anything like...

Please using your OWN words give a response to the segment below. Can be anything like do you agree or disagree? Why or why not? Add anything to this statement.

To me, privacy is the right to keep information confidential and out of public knowledge. Privacy is a fundamental right, essential to autonomy and the protection of human dignity, serving as the foundation upon which many other human rights are built (PI, 2017). I do believe privacy is a moral right. Privacy gives us, as human beings, a space to be ourselves without judgment, allows us to think freely without discrimination, and is an important element of giving us control over who knows what about us (PI, 2017). I do not believe there are any cases which public health policy justifies the violation of the right to privacy. The healthcare team should reach out to the patient and notify them before they release any information, and the patient should consent to the information being released.

In: Nursing

Tom owns 22 hotdog stands. Tom earned $10,000 last year from the hotdog stands business. For...

Tom owns 22 hotdog stands.

Tom earned $10,000 last year from the hotdog stands business.

For $4000, Tom can build two more stands, each stand costs $2000. Assume it costed Tom $2000 to build each of 22 stands.

If Tom has 24 stands instead of 22, its yearly income will rise from $10,000 to $11,000. Let’s assume Tom indeed added two more stands using the money he earned last year.

David

Everything is the same except for David borrows $4000 at 6% interest rate to finance two more stands. What would be ROE for David's plan?   

24.4%

14.8%

18.3%

12.2%

In: Finance

Purple Company has $200,000 in net income for 2020 before deducting any compensation or other payment...

Purple Company has $200,000 in net income for 2020 before deducting any compensation or other payment to its sole owner, Kirsten. Kirsten is single and she claims the $12,400 standard deduction for 2020. Purple Company is Kirsten's only source of income.

Ignoring any employment tax considerations, compute Kirsten's after-tax income for each of the following situations.

Click here to access the 2020 individual tax rate schedule to use for this problem. Assume the corporate tax rate is 21%.

When required, carryout intermediate tax computations to the nearest cent and then round your final tax liability to the nearest dollar.

a. Purple Company is a proprietorship and Kirsten withdraws $50,000 from the business during the year; Kirsten claims a $37,520 deduction for qualified business income.

Kirsten's taxable income is $_150,080__, and her after-tax income is $______________

b. Purple Company is a C corporation and the corporation pays out all of its after-tax income as a dividend to Kirsten.

Note: Individual taxpayers received preferential treatment regarding the taxation of qualified dividends (0%,15%,20%). For single taxpayers, the 0 percent rate applies to the first $40,000 of taxable income.

Purple Corporation's after-tax income is $ 158,000 and Kirsten's after tax income is $_________________?

c. Purple Company is a C corporation and the corporation pays Kirsten a salary of $158,000.

Purple Corporation's after-tax income is $________________ and Kirsten's after-tax income is $________________?

In: Accounting

Purple Company has $200,000 in net income for 2018 before deducting any compensation or other payment...

Purple Company has $200,000 in net income for 2018 before deducting any compensation or other payment to its sole owner, Kirsten. Kirsten is single and she claims the $12,000 standard deduction for 2018. Purple Company is Kirsten's only source of income. Ignoring any employment tax considerations, compute Kirsten's after-tax income for each of the following situations. Click here to access the 2018 individual tax rate schedule to use for this problem. Assume the corporate tax rate is 21%. When required, carryout intermediate tax computations to the nearest cent and then round your final tax liability to the nearest dollar. a.

If Purple Company is a proprietorship and Kirsten withdraws $50,000 from the business during the year; Kirsten claims a $40,000 deduction for qualified business income ($200,000 × 20%). Kirsten's taxable income and after tax income are?

Purple Company is a C corporation and the corporation pays out all of its after-tax income as a dividend to Kirsten. Note: Individual taxpayers received preferential treatment regarding the taxation of qualified dividends (0%,15%,20%). For single taxpayers, the 0 percent rate applies to the first $38,600 of taxable income. Purple Corporation's after-tax income and Kristen's after tax income are?

Purple Company is a C corporation and the corporation pays Kirsten a salary of $158,000. Kirsten's after-tax income is

In: Accounting

Discussion: Imagine you are the CEO of Very Big US Auto. In anticipation of the upcoming...

Discussion:

Imagine you are the CEO of Very Big US Auto. In anticipation of the upcoming quarterly disclosure of profits, you prepare your Board of Directors for the challenge that US Tariffs on Chinese Imports is having on profits.

Very Big US Auto - Very Big US Auto is one of the oldest and one of the largest auto manufacturers of autos in the US. Very Big US Auto's supply chain is highly dependent components manufactured in China and assembled in the US. Like the US economy the Chinese continue to have major stoppage in production due to Covid-19. Additionally manufacturing facilities like ours must take extra precaution to keep workers safe. Costs are rising we are experiencing rising costs. Very Big US Auto know that demand is relatively elastic with a price elasticity of demand of 1.2. We also know that the supply of auto is relatively inelastic and all our competitors are facing the same cost increase.

Is the demand curve for your product relatively elastic, inelastic or unitary elastic? Demonstrate for your company's product, by how much the quantity demanded will change if you pass on a 10% increase in cost. In other words, show your calculation of the percentage change in the quantity demanded given a 10% change in your price. You must provide a calculations showing the percentage change in quantity demanded.

Given your company's and price elasticity of demand and the industry supply/competitive environment you face prepare a statement for your board as to the potential impact on profits. Who will pay the larger share of the cost increases, your firm or your customers?

In: Economics

Think of the snack foods you eat most often. What type of snacks does that include?...

Think of the snack foods you eat most often. What type of snacks does that include? For many of us, those we frequently eat are salty snacks, which include chips of various ingredients and flavours, pretzels, cheese curls, crackers, and nuts( hint: nuts are the most healthy of this bunch). Another option might be sweet snack such as cookies, candy bars, other chocolate-based snacks, and cereal bars. Behind these various snack options are some of the largest companies in the food industry including behemoths such as Frito Lay, Kellogg, Hershey, Mars, General Mills, and Nabisco among others. All of these companies utilize immense resources to implement their marketing strategies in an effort to not only gain market share from competitor but also prevent others from entering the market.

So, if the competitive environment for the market is as described above, what in the world would make a firm think it could start a totally new snack food company and be successful? Apparently Daniel Lubetzky, founder of KIND Healthy Snacks, had a different idea of what it took to be competitive in the snack food market when he decided to enter it way back in 2003. Lubetzky looked at the playing field and decided that the competition was, in fact, not impenetrable. He found an opportunity to develop a product with all natural, healthy ingredients. In fact, a mantra of his organization is to put “ nothing in the product that the typical consumer cannot pronounce.” As a result, the ingredient list is an exercise in simplicity with easy-to-understand components that promote healthfulness in everyone who eats them.

Lubetzky also found opportunity in the packaging of his products. Instead of the typical opaque packaging for snack or candy bars that prevents one from viewing the actual physical product, KIND Healthy Snack uses proprietary technology to produce clear wrappers for its snack items. Using this type of package distinguishes KIND from its competitors because it allows consumers to see what they will eat and not just assume the bar inside will look like the picture on the wrapper.

Another opportunity area for lubetzky was the trend toward consumer supporting products that have the betterment of society as part of their mission. Visit the KIND website and you will find a quote by Henry James that reads, “ Three things in human life are important: the first is to be kind; the second is to be kind; and the third is to be kind.” Lubetzky’s company operationalizes this quote by allowing users to post on their website their individual acts of kindness and the number of people impacted by those acts. In addition to giving exposure to individual acts of kindness(get it – KIND-ness), KIND itself supports one project each month with $10,000.   Whether it’s rebuilding a New Jersey firefighter’s house after Hurricane Sandy, supporting Big Brothers and Big Sisters, or working with a nonprofit agency to fly soldiers home from overseas for the holidays, KIND is working to have a social impact on the communities it serves.

Clearly, KIND has embraced the concept of “Marketing” with all of its activities, institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large. Evidence of this buy – in is the result the company has achieved. From the end of 2008 to the end of 2012, KIND’S sales went from $15 million to $120 million, an 800 percent increase in just four years. This growth occurred despite losing Starbucks as a distributor of its snack items in all of its U.S. based cafes.

By continuing to connect with its customers through its high-quality, all-natural-ingredient products; its innovative packaging; and its commitment to the betterment of society, KIND hopes to continue to dynamically grows its business well into the future.

  • 1 (a) What other aspects of the American Marketing Association(AMA) definition of marketing might KIND exploit in the future to continue to grow its business and do consumers supporting brands and companies that strive to benefit society are a trend that will continue?
  • (b) What other industries might be especially prone to entry by a smaller, more nimble, and more socially conscious competition and what are the prospects for a competitor being successful in those industries.

In: Operations Management

1 An individual is holding an ancient coin and claims that he got money. Discuss whether...

1 An individual is holding an ancient coin and claims that he got money. Discuss whether his claim is true or false?  State your justification.?

2 What do you mean by money has “intrinsic value”?

3 An individual has Centurion® Card from American Express (credit cards).  The credit card is most valuable credit card in the world.  Can this individual claim that he/she is a wealthy individual?

4 Why do we need a Central Bank for an economy?

In: Economics