Briefly summarize a meaning of WACC for Truman’s CEO: what WACC measures, how it can be used for the purposes of capital budgeting and what are the possible issues that CEO needs to be aware of prior to implementing WACC into capital budgeting processes at Truman?

The Human Resources Department has been up and operating for 18 months now. The CEO has asked for a report on the efficiency and effectiveness of the department. Prepare an outline of the steps that you would take to measure the effectiveness and efficiency of the department for the CEO.  

Do you know someone in a happy marriage? This could be a family member, friend, colleague, classmate, teacher, etc. If you can, interview them about what they think makes for a long-lasting and happy marriage. They must have been married for at least two years. If you are married yourself (and believe yourself to be happy!), you can interview your own spouse.

Ask them what they believe is the "secret" to happy marriages. Why is their own successful? Was it always this way or what did they have to do or change along the way? What is the biggest challenge they face (or have faced) in their marriage? What advice would they give to newlyweds?

Sunland Company began operations on January 2, 2019. It employs 11 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.

Sunland Company has chosen not to accrue paid sick leave until used, and has chosen to accrue vacation time at expected future rates of pay without discounting. The company used the following projected rates to accrue vacation time.

New attempt is in progress. Some of the new entries may impact the last attempt grading.Your answer is partially correct.

Prepare journal entries to record transactions related to compensated absences during 2019 and 2020. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to 0 decimal places, e.g. 5,125.)Compute the amounts of any liability for compensated absences that should be reported on the balance sheet at December 31, 2019 and 2020. (Round answers to 0 decimal places, e.g. 5,125.)

Steven Black and Christopher Green are seeking funds to support the programmed growth of their deluxe Hot Dog menu-restricted restaurant. First year (2019) Sales were $705,000. Sales are projected to increase to $1,320,000 in 2020. The business operating financial model indicates that each hot dog “meal” will sell for $3; and the variable cost of producing the “meal” (CGS) will be $1.50. The company needed $400,000 in assets to support its 2019 operations and expects to need $100,000 MORE (a total of $ 500,000) to support projected 2020 Sales.

      2019                      2020 (projected)

            Sales                                                   $ 705,000 _________

            COGS (Meals x CGS)                              352,500                    __________    

            Gross Profit                                             352,500 ________

            Fixed Operating Costs (ignore taxes)        200,000                    __________

            Net Profit                                           $152,500                     $ ______

Prepare (fill in) the 2020 projected Income Statement above.

Calculate the company’s Return on Assets (ROA), its asset intensity (asset turnover ratio), and its Gross Profit and Net Profit Ratios for each year

                                                                        2019                                           2020

Return on Assets __________ ____________

Asset Turnover ____________ ________________

Gross Profit Margin _______________ _________________________   

Net Profit Margin ______________ _____________________

Given the 2019 calculations above, and the 2020 projections, use the VOS screening model standards below for profitability and pricing to evaluate the attractiveness of an investment in Steven and Christopher’s business.

                                    High                            Average                                    Low

Gross Margin                >50%                           10%--50%                                 <20%

AT margin                     >20%                           10%--20%                                 <10%

Asset Intensity         3.0+ Turnover                    1.0—3.0 Turnover                    <1.0 Turnover

Return on Assets           >25%                           10%--25%                                 <10%

COMMENTS/EVALUATION (You should include comments about what the company could do to make the investment more attractive to investors)

Margins:

Use of Assets:

How would your EVALUATION change if the 2019 Asset level will support Annual Sales growth of 50% per year in 2020? (That means the company had excess capacity in 2019 and more assets would not be required to support shortterm projected growth.)

PLEASE HELP ME. THANK YOU.

Metlock Company has not yet prepared a statement of cash flows for the 2020 fiscal year. Comparative balance sheets as of December 31, 2019 and 2020, and a statement of income and retained earnings for the year ended December 31, 2020, are presented as follows.

BP (British Petroleum) faced in 2010 a deep crisis as result of an accident -the worst environmental disaster in the United Stated up to date- in one of the prospection owned by the company. 11 people died, the equivalent to 4.9 million barrels were discharged in the Gulf of Mexico with devastating consequence to the marine life and $42.2 billion were claimed up to 2013 as civil liabilities.

Read the article “BP oil spill: Five years after 'worst environmental disaster' in US history, how bad was it really?”(http://www.telegraph.co.uk/news/worldnews/northamerica/usa/11546654/BP-oil-spill-Five-years-after-worst-environmental-disaster-in-US-history-how-bad-was-it-really.html) and answer the following questions:

Do you think that BP could have managed the crisis more effectively? Why or why not?

Could the reputational damage suffered by the company been avoided by a better/more adequate response?

Do you recall when the crisis was happening? What do you recall hearing about it from the media? Was the company doing enough to respond to the public at the time the crisis was happening?

Knowing that the company's former CFO and CEO not only got in trouble for fiduciary responsibility violations but IRS issues as well, you plan to write a report with your senior accountants to go over the main differences between the roles of financial accounting, cost accounting, and tax accounting as some of the prior accounting department misdeeds seemed to come from not keeping these separate.

1. In chart form, distinguish between these 3 segments of the accounting function, each of them along these 4 criteria:
   • The legal or regulatory bodies and guidelines that must be abided by.
   • Typical kinds of reports created and the stakeholders interested in each report.
   • Issues that, if not addressed properly, could land the company in trouble again.
   • The particular kinds of training/education that employees in each of these departments should have.

You are recently employed as a graduate consultant in a management consultancy firm. One of your firm’s clients is currently evaluating its
budgeting system. The CEO of your client had recently attended a seminar on Time-Driven Activity-Based Costing (TDABC) in private organizations and would like to know whether the TDABC is suitable for the company. Your manager has asked you to prepare a report for the client.

Questions:

1) A description of your firm’s client and what functions or activity are there in business?

2) A description of the TDABC and its features 4-5 features

3) In what ways TDABC is different from Activity-Based Costing 3-4 difference.

4) Difference between traditional costing systems and TDABC 3-4 difference

A vision is not the responsibility of the CIO...it is the responsibility of the CEO or the top management team...do you agree or disagree...why?

this question is from chapter 2. Discussion question #1 page 96 of the book Information Systems Management in Practice 8th edition Mcnurlin,Sprague JR,tung bui