Questions
Give examples of current collective bargaining trends (e.g., what’s the state of the economy and how...

Give examples of current collective bargaining trends (e.g., what’s the state of the economy and how does that affect bargaining).

In: Economics

What is collective bargaining, and why is it valuable to employees? What is the difference between...

What is collective bargaining, and why is it valuable to employees? What is the difference between a monopoly and a monopsony? Give an example of each.  

In: Economics

Collective bargaining not in the good faith What is surface bargaining? How is it impact to...

Collective bargaining not in the good faith

What is surface bargaining? How is it impact to employee behavior? Provide solution to improve.

In: Operations Management

What is collective bargaining, and why is it valuable to employees? What is the difference between...

What is collective bargaining, and why is it valuable to employees? What is the difference between a monopoly and a monopsony? Give an example of each.

In: Economics

What is meant by labor relations and what does it entail? What does collective bargaining entail?...

What is meant by labor relations and what does it entail?

What does collective bargaining entail?

Is it advantageous in an organization or not?

In: Economics

Define the advantages of Protection and Diffusion in Protecting Innovation inStrategies of Innovation.

Define the advantages of Protection and Diffusion in Protecting Innovation inStrategies of Innovation.

In: Operations Management

1) Innovation Discuss what is meant by innovation Describe and explain the steps you believe are...

1) Innovation Discuss what is meant by innovation Describe and explain the steps you believe are important when a SBE decides to introduce an innovation. Discuss a current, real life example of a SBE that had introduced an innovation and include the types of issues that they may have experienced. 2) Environmental & Sustainability Explain what is meant by Environmental & Sustainability issues. What is the difference? Discuss some of the current hot topics for each.

In: Accounting

Although innovation is vital to giving companies a competitive advantage, it will only be successful if...

Although innovation is vital to giving companies a competitive advantage, it will only be successful if it is measured effectively. I agree that one of the biggest benefits to innovation measurement is that it allows the company to maintain a certain pace with their innovation initiatives. Often times, companies find themselves only innovating when they remember to, resulting in innovation projects being started years apart, or they do the opposite and start too many innovations at once. By measuring innovation initiatives, companies can better understand how many innovative projects they can handle at a time. This helps them better reach their strategic goals by providing a framework for which quantitative milestones need to be achieved and when they need to be accomplished. Do you think there are any advantages for employees when a company utilizes an innovation measurement system?

In: Operations Management

4.   Policymakers have long debated whether employees should be required to join a union. Federal law...

4.   Policymakers have long debated whether employees should be required to join a union. Federal law allows unions to negotiate security clauses in collective bargaining. However, the Taft-Hartley Act of 1947 allows states to pass right-to-work laws to make security clauses illegal. The year is 1946 and you are the leader of a small craft union in Missouri. You are in the midst of bargaining for a new contract and you must select a form of security clause to include in the bargaining agreement.

  1. Do union leaders typically want security clauses? Explain why.
  2. Define each of the following kinds of security clauses in terms of their membership and financial requirements: Closed Shop, Preferential Shop, Union Shop, Agency Shop, and Maintenance of Membership.
  3. Which security clause do you prefer? Why?
  4. Management has agreed to the security clause you selected in part c. The year is now 1948. Is your security clause legal? Explain.
  5. Now suppose your craft union opens a local in Arkansas. How will this change the membership and financial requirements of your workers?

In: Economics

Manila Corp reported net incomes for a three-year period as follows: 2012 2011 2010 $240,000 $225,000...

Manila Corp reported net incomes for a three-year period as follows:

2012

2011

2010

$240,000

$225,000

$180,000

During the 2012 year-end audit, the following items come to your attention:

1.   Manila bought a truck on January 1, 2009 for $98,000 cash, with an $8,000 estimated residual value and a six-year life. The company debited an expense account for the entire cost of the asset. Manila uses straight-line depreciation for all vehicles.

2.   During 2012, Manila changed from straight-line depreciation for its cement plant to double declining balance. The following calculations present depreciation on both bases:

2012

2011

2010

Straight-line

$18,000

$18,000

$18,000

Double declining balance

23,100

30,000

36,000

The net income for 2012 was calculated using the double declining balance method.

3.   In reviewing its provision for uncollectible accounts during 2012, the corporation has determined that 1% is the appropriate amount of bad debt expense to be charged to operations. The company had used 1/2 of 1% as its rate in 2011 and 2010 when the expense had been $9,000 and $6,000, respectively. Manila recorded bad debt expense using the new rate for 2012. If they had used the old rate, they would have recorded $3,000 less bad debt expense on December 31, 2012.

Required

(a) Prepare the general journal entry required to correct the books for the item 1 situation (only) of this problem, assuming that the books have not been closed for 2012.

     

(b) Present comparative income statement data for the years 2010 to 2012 in accordance with generally accepted accounting principles starting with income before cumulative effect of any accounting changes. Ignore all income tax effects.

     

(c) Assume that the beginning retained earnings balance (unadjusted) for 2010 was $630,000. At what adjusted amount should the beginning retained earnings balance for 2010 be shown, assuming that comparative financial statements were prepared?

     

(d) Assume that the beginning retained earnings balance (unadjusted) for 2012 is $900,000 and that comparative financial statements are not prepared. At what adjusted amount should this beginning retained earnings balance be shown?

     

In: Accounting