Respond to the following in a minimum of 175 words: In the early weeks of this course, you learned some valuable skills for communicating within and improving the performance of teams you might be working with. This week, we will explore two crucial aspects of being on a team. We will learn about leadership and what it takes to be a good leader. We also examine conflict management and learn some ways to navigate through the inevitability of encountering conflict. When have you encountered a conflict situation in a group? What strategies did you use to manage and resolve the conflict? Were these strategies successful? Why or why not? What role did leadership play in the conflict? Based on what you have learned this week; what role should leadership have played in the conflict? What characteristics of good leadership were displayed? Which were not?
In: Psychology
W75A - Please answer in detail using EXCEL Function
T-test of 2 means (Similar to presentation in class; but in a different context)
(Wednesday class)
Researchers in Georgia take a sample of diameters from 30 old-growth pine trees growing on two separate and adjoining tracts of land, labeled north and south, to see if the trees are identical. The data are shown in the Tables below and reproduced in the Excel answer workbook.
(North)
|
27.8 |
14.5 |
39.1 |
3.2 |
58.8 |
55.5 |
25 |
5.4 |
19 |
30.6 |
|
15.1 |
3.6 |
28.4 |
15 |
2.2 |
14.2 |
44.2 |
25.7 |
11.2 |
46.8 |
|
36.9 |
54.1 |
10.2 |
2.5 |
13.8 |
43.5 |
13.8 |
39.7 |
6.4 |
4.8 |
(South)
|
44.4 |
26.1 |
50.4 |
23.3 |
39.5 |
51 |
48.1 |
47.2 |
40.3 |
37.4 |
|
36.8 |
21.7 |
35.7 |
32 |
40.4 |
12.8 |
5.6 |
44.3 |
52.9 |
38 |
|
2.6 |
44.6 |
45.5 |
29.1 |
18.7 |
7 |
43.8 |
28.3 |
36.9 |
51.6 |
In: Math
South Central Airlines operates a commuter flight between Atlanta and Charlotte. The plane holds 30 passengers, and the airline makes a $100 profit on each passenger on the flight. When South Central takes 28 reservations for the flight, experience has shown that, on average, two passengers do not show up. As a result, with 30 reservations, South Central is averaging 28 passengers with a profit of 28(100) = $2,800 per flight. The airline operations office has asked for an evaluation of an overbooking strategy in which the airline would accept 32 reservations even though the airplane holds only 30 passengers. The probability distribution for the number of passengers showing up when 32 reservations are accepted is as follows:
| Passenger Showing Up | Probability |
| 28 | 0.05 |
| 29 | 0.25 |
| 30 | 0.50 |
| 31 | 0.15 |
| 32 | 0.05 |
The airline will receive a profit of $100 for each passenger on the flight, up to the capacity of 30 passengers. The airline will also incur a cost for any passenger denied seating on the flight. This cost covers added expenses of rescheduling the passenger as well as loss of goodwill, estimated to be $150 per passenger. Develop a worksheet model that will simulate the performance of the overbooking system. Simulate the number of passengers showing up for each of 500 flights by using the VLOOKUP function. Use the results to compute the profit for each flight.
A. What is the mean profit per flight if overbooking is
implemented? Round your answer to the nearest dollar.
Over $
In: Finance
The Purchaser is paying an account payable of $5,000 for previously purchased merchandise with cash and taking advantage of a 10% discount (10/10 – n/30) offered by the Seller for early payment.
Under the perpetual method of accounting for inventories, consider the journal entry for the transaction in Fact Pattern B, above, from the Purchaser's perspective, assuming the Purchaser is entitled to the discount for early payment. The Purchaser will:
a. Debit Account Receivable for $5000.
b. Debit Account Payable for $4500.
c. Credit cash for $5000.
d. Credit Inventory $500.
Under the periodic method of accounting for inventories, consider the journal entry for the transaction in Fact Pattern B, above, from the Purchaser's perspective, assuming the Purchaser is entitled to the discount for early payment. The Purchaser will:
a. Debit Account Receivable for $5000.
b. Debit Account Payable for $5000.
c. Credit cash for $5000.
d. Credit Purchase Discount $4500.
Under the periodic method of accounting for inventories, consider the journal entry for the transaction in Fact Pattern B, above, from the Seller's perspective, assuming the Purchaser is entitled to the discount for early payment. The Seller will:
a. Credit Account Receivable for $5000.
b. Debit Account Payable for $4500.
c. Debit cash for $5000.
d. Debit Sales Discount $5000.
Under the perpetual method of accounting for inventories, consider the journal entry for the transaction in Fact Pattern B, above, from the Seller's perspective, assuming the Purchaser is entitled to the discount for early payment. The Seller will:
a. Credit Account Payable for $5000.
b. Credit Account Receivable for $4500.
c. Debit cash for $5000.
d. Debit Sales Discount $500.
In: Accounting
Tiyumba Co is a new client of Anwaar and Co, an audit
firm. Tiyumba Co runs a spa, trading as Tiyumba.
The spa is open to non-members and members. Members pay an annual
membership fee that entitles them
to 50% off spa rates for individual treatments and sessions. The
spa employs lifeguards, masseuses, beauty
therapists and nursery nurses for its crèche facilities. In
addition, there is also administrative staff,
including a finance controller, who reports to the managing
director, Ibrahim Osman (who is also the
major shareholder).
The spa has been in business five years, but this is the first time
it has required an audit. Its major local
competitor is Doobia, a large members-only spa, which started
business two years ago. Anwaar and Co
has just been invited to tender for the audit of the company which
owns Doobia.
The finance controller at Tiyumba is Mma Fatima. She was employed
18 months ago, since then she has:
• Instituted control procedures outlined in a controls
manual;
• Formalised a budgeting system so that budgets are now prepared
and approved annually; and
• Identified the need for an audit to Ibrahim Osman.
Mma Fatima introduced Anwaar and Co to Ibrahim through her husband,
Anthony Davidson, who is a
manager at Anwaar and Co. The audit engagement partner assigned to
Tiyumba is Carol Lamb. Since
agreeing audit terms with Anwaar and Co, Ibrahim has:
• Invited Carol to advertise to employees of Anwaar and Co a staff
membership rate, which is 50%
of standard membership rates and then entitles the member to 75%
off spa rates
• Asked Carol if she will sit on the board of directors at Tiyumba
Co as a non-executive director
• Asked Carol if the firm will confirm the figures on an
insurance claim to
be submitted in respect of
a fire in the treatment centre just prior to the year end
Required:
(a) (i) Explain the ethical threats which may affect the
independence of Anwaar and Co’s audit of
Tiyumba Co; and
(ii) For each threat explain how it might be avoided.
(b) Explain five procedures you would carry out to obtain an
understanding of Tiyumba Co in order to
conduct the first year audit.
(c) Explain the benefits of a company having an audit
committee.
In: Accounting
What policies might a nursing home institute to minimize the chances that its residents will develop "institutionalism"? Why are such policies relatively uncommon?
IN 350-400 WORDS
In: Nursing
In: Nursing
How serious is the current threat of nuclear weapons being acquired and used in a terrorist attack and why? Please write your response in at least 350 words.
In: Other
In: Economics
What is the payback period, how is it calculated, what weaknesses are commonly associated with the use of the payback period to evaluate a proposed investment?
PLEASE MINIMUM 350 word.
In: Finance