Questions
Please answer the following questions: 1) Assuming you have just become CEO at Coca-Cola. Outline the...

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...

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...

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...

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

Explain what capital structure theory (or theories) best describes the following situations. Make sure to cite...

Explain what capital structure theory (or theories) best describes the following situations. Make sure to cite at least one of the required textbook chapters for each answer, and to cite at least two references for this section:
A CEO decides to borrow $50,000 in new debt, and the share prices rise dramatically. He then decides to sell half of his own personal shares, and when this is reported in the Wall Street Journal, the share prices drop dramatically in value.
The corporate tax rate rises from 35% to 45%, and the XYZ Corporation decides to issue more debt. A year later, bankruptcy laws are changed to become much stricter and costlier. XYZ then decides to pay back half of its debt.
A CEO named Joe Bigwig is known for living large with very expensive cars and a huge mansion. Joe is seeking a large loan from a bank to finance some new projects for his corporation. However, the bank becomes concerned when they find out that he recently used company funds to buy a brand-new company jet and also schedules numerous business trips to Hawaii and stays in five-star hotels. The bank tells Joe he will receive the loan only if he agrees to scale back on his personal expenses and not give himself or any other executives a raise until the loan is paid back.

In: Accounting

Scenario You have been hired as a financial consultant by Stark Enterprise Ltd. which is a...

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...

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

Data 4 Selling price per unit $374 5 Manufacturing costs: 6   Variable per unit produced: 7...

Data
4 Selling price per unit $374
5 Manufacturing costs:
6   Variable per unit produced:
7     Direct materials $152
8     Direct labor $58
9     Variable manufacturing overhead $38
10   Fixed manufacturing overhead per year $166,400
11 Selling and administrative expenses:
12   Variable per unit sold $4
13   Fixed per year $98,000
14
15 Year 1 Year 2
16 Units in beginning inventory 0
17 Units produced during the year 3,200 2,600
18 Units sold during the year 2,800 2,800
19

.

Make a note of the absorption costing net operating income (loss) in Year 2.

  

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?

Yes
No

  

(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?

Yes
No

In: Accounting

Due to the global pandemic, as you are no doubt aware, students of all ages around...

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,...

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