List two specific audit procedures of ANZ, and explain in detail.
In: Accounting
Please explain the main provisions of the Taft- Hartley Act in detail.
In: Operations Management
How does an electron microscope work? Please explain in detail.
In: Physics
Advantage and disadvantage of variable interest entity. please explain it in detail
In: Accounting
Why do companies do robotics upgrade ? Explain in detail.
In: Operations Management
The legislature of Washingboard State adopted this statute:
There is hereby created a Power Line Routing Commission (PLRC) which shall have the authority, following public hearing and the development of an environmental and health-impact assessment, to recommend the best the location of new electrical transmission corridors in this state. The Commission's action may be appealed to the PLRC Hearings Board in the state capital, and then to the Superior Court. Otherwise, the decision will be referred to the Governor’s office for consideration.
The PLRC was formed, studied power line routes, did an environmental and health assessment and held two public hearings. It determined that a new line should run through Hapless Valley, and that the rear access and freight-loading road leading to the back of Dubious' Used (and New!) Cars (his property) would unacceptably close to the proposed power-line corridor. It notified Dubious that this road would be closed.
He complained to the agency; a spokeswoman came to his business to chat about it. She said, “Well, just build a new access road around the side of your building--it won't cost you much.”
Meanwhile, the residents of Hapless Valley organized Residents Against Transmission Systems (RATS). Concerned about the health effects of living near high-voltage power lines, they threaten suit in Superior Court. They presented no evidence that power lines pose any threat to health.
At the public hearings, residents also complained about the through-transmission of foreign electricity (that is, transmission of electricity not generated or used within the state). They said it was bad enough to have to live near power lines, worse that the electrically coursing overhead was on its way to California. The PLRC issued a regulation banning the through transmission of electricity and mandating that only electricity for use in-state be transmitted through populated areas.
Dubious (a citizen of Washingboard) said to one of his friends in RATS: “Oh, there’s no problem with high-powered electrical transmission lines! Shoot, I was in San Francisco, California, last week and at a little local Health-Supplement Company there I bought these pills for $20: guaranteed to protect against electrical radiation by recalibrating the body’s reducto-electrical pathways. I’m taking one right now!” And he did. Ten minutes later he was sick: throwing up and watering at the eyes, and cramps. The pills were just pepper and caffeine.
1. Dubious doesn't want the back-access road closed. What arguments, if any, can he make to oppose the agency's action here?
2. RATS sued in Superior Court to overturn the routing decision, claiming it was “ill-advised”; the better place would along Sullen Valley, two miles south, where there are many fewer houses.
(a) Do they have standing to sue? Explain.
(b) Assuming so, would the court agree with them that the agency's decision is "ill-advised" and overturn it? Explain.
In: Operations Management
my gross salary is 294,000 .Using the salary, set the default contribution to 3%, company match to 3% and Years Invested to the time difference of your current age and age 67 . (If you are 22 or younger, use 45 as years invested.) Select Rate of Return as 6%. What happens to your retirement funding if you increase your contribution level to 6% and then to 12% ? Please detail the amounts in dollars at contribution rates of 3%.6% and 12%, respectively.
What is the difference in value (dollar wise) of your retirement funds from a contribution of 3% to 12% ?
Do you think it would be a major sacrifice in your standard of living to go from a 3% to 12% contribution ?
In: Finance
3.
A. Explain what is meant by the capital structure of an industrial firm (such as a manufacturing company). Be precise.
B. List components of the capital structure that you have defined above.
C. Are the items you have listed in part B above long term in nature (more than one year?)
D. Explain (in as much detail that you wish, including numerical analysis and graphs) the net income view or the traditional approach in regards to the relationship between the WACC and the value of the firm.
E. Explain (in 5 lines) why you would agree with the net income approach as listed in part D above.
F. Explain (in as much detail that you wish including numerical analysis and graphs) the operating income view or the neo-classical approach in regards to the relationship between the WACC and the value of the firm.
G. Explain (in 5 lines) why you would agree with the operating income or the neo-classical approach as listed in part D above.
In: Finance
Shanghai Enterprises has asked for your assistance in preparing a cash budget for the month
of December 2020 and has provided projected sales revenue data
below
Projected sales:
October 2020
$144,000
November 2020
$205,000
December 2020
$220,000
All sales are on credit with 65% collected during the month of sale, 18% collected during the
month following the sale, 15% during the second month after the sale and 2% uncollectable.
Required:
a) Prepare the cash receipts section of a cash budget for Shanghai Enterprises for the
month of December 2020.
b) Explain how Shanghai Enterprises would go about constructing a cash budget for the first
three months of 2021. Note that Shanghai plans to purchase a major piece of equipment
costing $500,000 in February 2021.
In: Accounting
ABC Enterprises has asked for your assistance in preparing a cash budget for the month of December 2020 and has provided projected sales revenue data below:
Projected sales:
October 2020
$144,000
November 2020
$205,000
December 2020
$220,000
All sales are on credit with 65% collected during the month of sale, 18% collected during the month following the sale, 15% during the second month after the sale and 2% uncollectable. Required:
a) Prepare the cash receipts section of a cash budget for ABC Enterprises for the month of December 2020.
b) Explain how ABC Enterprises would go about constructing a cash budget for the first three months of 2021. Note that ABC plans to purchase a major piece of equipment costing $500,000 in February 2021.
In: Accounting