Please answer the following questions:
1) Assuming you have just become CEO at Coca-Cola.
Outline the strategic steps you would take to remedy the concerns
emanating from the company’s board of directors, customers,
employees, the business partners, government, and the media. What
elements of social responsibility would you draw from in response
to these stakeholders’ issues?
2) What do you think of Coca-Cola environment initiatives? Are they
just window dressing or does the company seemed to be sincere in
its efforts?
In: Operations Management
Waymo is a division of Alphabet (Google’s parent company) that is developing the technology for driverless
cars. Waymo CEO John Krafcik is under pressure to offer a commercial driverless taxi service in the Phoenix
area as soon as Fall 2018. Analysis at web-site arstechnica.com suggests that Waymo has by far the most
advanced technology available for this type of service.
Is it likely that being first into this market will give them a large advantage? Is Waymo likely to earn
unusually high accounting profit for a long period of time? Discuss using concepts from this class.
In: Economics
4. Sky Metals, Inc. is a metal fabrication firm that manufactures prefabricated metal parts for customers in a variety of industries. The firm’s motto is “If you need it, we can make it.” The CEO of Sky Metals recently held a board meeting during which he extolled the virtues of the corporation. The company, he stated confidently, had the capability to build any product and could do so using a lean manufacturing model. The firm would soon be profitable, claimed the CEO, because the company used state-of-the-art technology to build a variety of products while keeping inventory levels low. As a business press reporter, you have calculated some ratios to analyze the financial health of the firm. Sky Metals' current ratios and quick ratios for the past 6 years are shown in the following table:
|
2010 |
2011 |
2012 |
2013 |
2014 2015 |
2015 |
|
|
Current ratio |
1.2 |
1.4 |
1.3 |
1.6 |
1.8 2.2 |
2.2 |
|
Quick ratio |
1.1 |
1.3 |
1.2 |
0.8 |
0.6 0.4 |
0.4 |
What do you think of the CEO’s claim that the firm is lean and soon to be profitable?
5. If we know that a firm has a net profit margin of 4.5%, total asset turnover of 0.72, and a financial leverage multiplier of 1.43, what is its ROE? What is the advantage to using the DuPont system to calculate ROE over the direct calculation of earnings available for common stockholders divided by common stock equity?
In: Finance
Assignment Specifics:
You have been asked by your boss, the CEO of a CyberSafe, a newly
established computer cyber security company, to create the
personnel handbook. The CEO, Ms. Quail has been so busy that she
hasn't had time to create this very important document. She has
asked you to find information about the kind of content to include,
paying close attention to harassment policies that protect both
employees and clients, vacation, confidentiality, internet and
social media usage, and standards for communication. Using the web,
online databases, and a library book catalog, find at least five
credible sources that relate to creating personnel policies.
Outline your sources with citations and why you have selected these
sources in a one-page report to Ms. Quail. As an attachment,
provide a first draft of the outline of the sections that will be
included in the handbook.
Assignment Parameters:
Create a (1) page email report to Ms. Quail detailing the sources,
with citations, that relate to creating personnel policies. Include
a paragraph describing why you have selected each of the
sources.
Create a (1-2) page attachment with the first draft of the outline of the sections that will be included in the handbook. (I realize that some personnel handbooks are hundreds of pages and the outline could fill a notebook, but since this is a startup company, you are sticking to the basics.)
In: Operations Management
In: Accounting
Scenario You have been hired as a financial consultant by Stark Enterprise Ltd. which is a publicly listed company. Stark Enterprise Ltd. intends to raise additional funds to expand operation overseas, a vision the CEO Mr. Tony Stark is very keen to pursue. The CFO Mr. Phil Coulson suggested that Stark Enterprise issue share options that will convert to a new class of ordinary shares later. Tony Stark is not confident that issuing share options would be the best strategy to raise the additional funds. In Mr. Stark’s request to you- the financial consultant, he would like to know your thoughts on the following matters:
i. If Stark Enterprise Ltd. decides to issue share options, what effect(s) will this have on the basic and diluted EPS of the company?
ii. What are the other alternatives apart from issuing share options available for Stark Enterprise Ltd. to raise additional funds for this expansion plan without borrowing? iii. Based on your discussion in
(ii.) above identify at least TWO funding strategies you think would be better than issuing share options and why?
Required: Write a short memorandum format report to the CEO Mr. Tony Stark to answer his questions. Your report should cover all three questions/issues raised by Mr. Stark. Each question should be answered under a sub-heading within the report with appropriately cited references.
In: Accounting
Part A Star Berhad is a company which is involved in oil and gas production. Permata Biru Berhad (PBB), as the dominant shareholder, controls the selection and appointment of Star Berhad’s executive directors including the Chief Executive Officer (CEO). Star Berhad has gained public attention due to a project cost overrun scandal involving various malpractices. The internal auditor has issued a report on the loss of RM500 million to the company’s audit committee. However, the CEO explained that the losses were insignificant. No further investigations were conducted although ES, the company’s external auditor, has delayed signing off the accounts. Star Berhad’s board members were aware of the losses but they relied on the CEO’s explanation. Furthermore, none of the audit committee members have finance or accounting backgrounds and so they did not fully understand the company’s financial statements
. Required: a) Discuss the issues in Star Berhad.
b) Did the board members execute their roles effectively? Justify your answer.
c) If you were one of the board members of Star Berhad, what should you do when you got to know about the issues in the company?
Part B Justify the rationale of having two different individuals for the positions of chairman and the chief executive officer, respectively. Discuss.
please answer me before 5.30 . thank you
In: Economics
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Make a note of the absorption costing net operating income (loss) in Year 2. |
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At the end of Year 1, the company’s board of directors set a target for Year 2 of net operating income of $150,000 under absorption costing. If this target is met, a hefty bonus would be paid to the CEO of the company. Keeping everything else the same from part (2) above, change the units produced in Year 2 to 5,200 units. |
| (a) |
Would this change result in a bonus being paid to the CEO? |
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|
| (b) |
What is the net operating income (loss) in Year 2 under absorption costing? |
| (c) |
Would this doubling of production in Year 2 be in the best interests of the company if sales are expected to continue to be 2,800 units per year? |
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|
In: Accounting
Due to the global pandemic, as you are no doubt aware,
students of all ages around the world are learning online through
various platforms and technology.
In the business world those employees who can work at home are as
we continue to contain the spread of the virus.
Working at home or remotely is also called telecommuting or as your
reading refers to it, flexible working arrangement (FWA).
In the first part of the module, we are looking at organizational
structures. Traditional hierarchical structures would not be
comfortable with such an arrangement; however, the trend today is
to empower employees encouraging them to participate in decision
making.
As advantages in technology progressed, telecommuting became
popular several years ago. However, when the CEO of Yahoo brought
all telecommuting employees back to the office, telecommuting
seemed to lose its popularity with other companies. The Yahoo CEO
felt that more brainstorming and collaboration would occur when
employees were together in an actual physical location.
For Discussion: Here are some bullet points to be discussed.
answer all questions.
Once the pandemic is over, do you think that working
remotely will be popular again? Will employees want to
continue?
Have you worked remotely? If so, share your
thoughts?
What are advantages of telecommuting to the
employee?
What are advantages of telecommuting to a
company?
What are disadvantages to the employee?
What are disadvantages to the company?
What kind of manager would be comfortable with a
telecommuting arrangement?
Any additional thoughts on the topic
In: Operations Management
Exercise 13-11 - TOPIC - Non-Financial and Current Liabilities
Martinez Limited began operations on January 2, 2019. The company employs 6 individuals who work 8-hour days and are paid hourly. Each employee earns 12 paid vacation days and 7 paid sick days annually. Vacation days may be taken after January 15 of the year following the year in which they are earned. Sick days may be taken as soon as they are earned; unused sick days accumulate. Additional information is as follows:
| Actual Hourly Wage Rate |
Vacation Days Used by Each Employee |
Sick Days Used by Each Employee |
||||||||
| 2019 | 2020 | 2019 | 2020 | 2019 | 2020 | |||||
| $20 | $21 | 0 | 11 | 4 | 5 | |||||
Martinez Limited has chosen to accrue the cost of compensated
absences at rates of pay in effect during the period when they are
earned and to accrue sick pay when it is earned. For the purpose of
this question, ignore any tax, CPP, and EI deductions when making
payments to the employees.
A.) Prepare the journal entries to record the transactions related to vacation entitlement during 2019 and 2020.
| Date | Account Name and Explanation | Debit | Credit |
| 2019 | |||
| To accrue the vacation pay entitlement earned by the employees | |||
| 2020 | |||
| To accrue the vacation pay entitlement earned by the employees | |||
| 2020 | |||
| To record payment for vacation time |
B.) Prepare the journal entries to record the transactions related to sick days during 2019 and 2020.
| Date | Account Name and Explanation | Debit | Credit |
| 2019 | |||
| To accrue the expense and liability for sick days | |||
| 2019 | |||
| To record payment for compensated time | |||
| 2020 | |||
| To accrue the expense and liability for sick days | |||
| 2020 | |||
| To record payment for compensated time when used by employees |
C.) Calculate the amounts of any liability for vacation pay and sick days that should be reported on the SFP at December 31, 2019, and 2020.
| 2019 | 2020 | |||
| Liability for vacation pay | $ | $ | ||
| Liability for sick pay | $ | $ |
D.)Prepare the journal entries to record the transactions related to sick days during 2019 and 2020 assuming the entitlement to sick days did not accumulate.
| Date | Account Title and Explanation | Debit | Credit |
| 2019 | |||
| To record payment for compensated time when used by employees | |||
| 2020 | |||
| To record payment for compensated time when used by employees |
E.) Calculate the amounts of any liability for vacation pay and sick days that should be reported on the statement of financial position at December 31, 2019, and 2020 assuming the entitlement to sick days did not accumulate.
| 2019 | 2020 | |||
| Liability for vacation pay | $ | $ | ||
| Liability for sick pay | $ | $ |
In: Accounting