Explain the four measurement scales in research, and the scale you have selected for the survey/interview respondents.

A HR director will not hire anyone whose shoes are not well polished when they come to the interview. Is this legal?

Ravi and Kishor starts a business of Fruit and Vegetable processing and registered a company with the name Fruity Flavours Pvt Ltd having registered office in Kashipur in January 2020. Both the promoters contributed Rs 5.00 lakh each in the equity capital (divided in one lakh shares the face value of Rs 10 each). They also arranged a loan of Rs 10 lakhs from a bank under Stand-Up India Scheme. Kishor provided a building owned by him for processing facility for which the company agreed to pay him a rent of Rs 20,000 per month. Kishor will look after the production and operations; while Ravi is responsible for marketing. They will be entitled for a monthly salary of Rs 15,000 each. They also hired five employees. During first nine months the following transactions took place:

1. Legal and other expenses for incorporation of the company Rs 80,000.

2. Equipment purchased in January, 2020 for Rs 15 lakhs. Rs 10 lakh have been paid while Rs 5 lakhs still to be paid.

3. Raw material purchased Rs 25 lakhs directly from farmers. Rs 2 lakhs still to be paid to farmers. There was no raw material inventory on 30th September.

4. Chemicals and stores purchased Rs 2.50 lakhs, Chemicals and stores costing Rs 2.15 lakhs were consumed till 30th September.

5. Salary and wages paid (including salary to Ravi and Kishor) Rs 5,20,000. Salary to be paid for the month of September Rs 72,000 (this will be paid in the first week of October).

6. Power fuel and other expenses Rs 15 lakh.

7. Rent paid to Kishor Rs 1,80,000.

8. Sales revenue till 30th September was Rs 58.30 Lakh; of which Rs 15.00 lakhs still to be received.

9. Interest on loan Rs 50,000 charged by the bank. Instalment (including interest) paid to bank 2.50 lakhs.

The Company decides to change depreciation on equipment @ 20% per annum and write-off all the legal expenses.

Prepare the Income Statement for nine months and the Balance Sheet of Fruity Flavours Pvt Ltd as on 30th September, 2020, and answer the following questions:

(Question 1 carries 3 marks; remaining questions carry 2 marks each)

1. What is the Cash and Bank Balance as on 30th September, 2020?

2. What is the Cost of Raw Material and Stores consumed?

3. What is EBITDA for the nine months? [treat write-off also as depreciation].

4. What is the Net Profit for the period?

5. What is EPS for the period?

6. What is the value of Total Assets as on 30th September, 2020?

7. What is Total Equity as on 30th September, 2020?

Carmichael Co. adopted a stock option plan for its top executives. Under the plan, each option

granted would allow an executive to purchase one share of Carmichael’s $10 par value

common stock for $40 per share.   

On January 1, 2020, Carmichael granted the executives 60,000 options. The options were non-transferable and the executive had to remain an employee of the company to exercise the options. The options were exercisable within a 2-year period beginning on January 1, 2022. It is assumed that the options were for services performed equally in 2020 and 2021. The Black-Scholes option pricing model determines total compensation expense to be $1,200,000.

On July 1, 2022, 45,000 options were exercised.

Required: Based on the information above, prepare the entries required from January 1, 2020, through July 1, 2022.

Carmichael Co. adopted a stock option plan for its top executives. Under the plan, each option

granted would allow an executive to purchase one share of Carmichael’s $10 par value

common stock for $40 per share.   

On January 1, 2020, Carmichael granted the executives 60,000 options. The options were non-transferable and the executive had to remain an employee of the company to exercise the options. The options were exercisable within a 2-year period beginning on January 1, 2022. It is assumed that the options were for services performed equally in 2020 and 2021. The Black-Scholes option pricing model determines total compensation expense to be $1,200,000.

On July 1, 2022, 45,000 options were exercised.

Required: Based on the information above, prepare the entries required from January 1, 2020, through July 1, 2022.

Interview 1:

Utilizing the internet, friend, relative or personal connection; find a Financial Advisor; Certified Financial Planner or someone in the Financial Services Industry. Ask for his or her assistance for the next month or week. Your assignment is to interview this person and get their opinion on the following topics.

Question #5 & #6

5. What are some of the impacts of low interest rates?

6. Please pose this hypothetical question to the interviewee: " I want to buy a car. What should be my concerns?"

1 (a).In general, what types of questions should you not ask in an interview? Provide at least two reasons why should you not ask them.

    (b)Select and describe three Common Assessment Problems (forms of interview bias) that you feel are the most common.

    (c) What is your opinion of using personality tests as a hiring tool?

    (d) Do you feel that a Work Sample or Trial Shift are feasible testing tools that can be used for all or most hospitality positions?

Dell had its management buyout in 2013. Dell, as a private company, acquired EMC, a publicly listed company, for $67 billion; the deal closed in September 2017. What are the synergy benefits and challenges for Dell and EMC since this acquisition? (List all 5 benefits and challenges)

What specific resources and capabilities does your company possess that would make it attractive to diversify into related businesses? Indicate what kinds of strategic fit benefits could be captured by transferring these resources and competitive capabilities to newly acquired related businesses. The company is a NURSING HOME.