Questions
What could be a recruitment advertising for bank teller? What kind payment and benefits of the...

What could be a recruitment advertising for bank teller?

What kind payment and benefits of the job as bank teller?

What kind interview questions would be ask if to get into this job. Would like 6 examples please.

In: Accounting

If you were to set-up an informational interview, how would you go about this? What would...

If you were to set-up an informational interview, how would you go about this? What would be your first step? Who would you contact and why? What questions would you ask?

In: Finance

What type of interview would you use in each of the following situations, and why? A...

What type of interview would you use in each of the following situations, and why? A market research project? A research project seeking to understand whether trade union attitudes have changed? Following the analysis of a questionnaire?

In: Operations Management

Imagine that you are educational psychologist, which method will you select in conducting a research at...

Imagine that you are educational psychologist, which method will you select in conducting a research at your work place. Select any research topic and describe the
method(interview for example) ,
its characteristics,
steps
,advantages
disadvantages.

In: Psychology

MOST POPULAR : Business Analyst Interview Question: 1.What is process modeling? 2.How do you capture functional...

MOST POPULAR : Business Analyst Interview Question:

1.What is process modeling?

2.How do you capture functional requirements?

3.What is a use case Framework?

4.Explain Use Cases?

In: Operations Management

The unadjusted trial balance of Imagine Ltd., a private company following ASPE, at December 31, 2020...

The unadjusted trial balance of Imagine Ltd., a private company following ASPE, at December 31, 2020 is as follows:

Debit Credit
Cash $10,850
Accounts receivable 56,500
Allowance for doubtful accounts $750
FV-NI investments 8,600
Inventory 58,000
Prepaid insurance 2,940
Prepaid rent 13,200
FV-OCI investments 14,000
Bond investment at amortized cost 18,000
Land 10,000
Equipment 104,000
Accumulated depreciation—equipment 18,000
Accounts payable 9,310
Bonds payable 50,000
Common shares 100,000
Retained earnings 103,260
Sales revenue 223,310
Rent revenue 10,200
Purchases 170,000
Purchase discounts 2,400
Freight out 9,000
Freight in 3,500
Salaries and wages expense 31,000
Interest expense 6,750
Miscellaneous expense 890
$517,230 $517,230


Additional information:

1. On November 1, 2020, Imagine received $10,200 rent from its lessee for a 12-month lease beginning on that date. This was credited to Rent Revenue.
2. Imagine estimates that 7% of the Accounts Receivable balances on December 31, 2020, will be uncollectible. On December 28, 2020, the bookkeeper incorrectly credited Sales Revenue for a receipt of $1,000 on account. This error had not yet been corrected on December 31.
3. After a physical count, inventory on hand at December 31, 2020, was $77,000. (Use "Inventory" account for closing out the beginning inventory amount and recording the ending inventory amount.)
4. Prepaid insurance contains the premium costs of two policies: Policy A, cost of $1,320, two-year term, taken out on April 1, 2020; Policy B, cost of $1,620, three-year term, taken out on September 1, 2020.
5. The regular rate of depreciation is 10% of cost per year. Acquisitions and retirements during a year are depreciated at half this rate. There were no retirements during the year. On December 31, 2019, the balance of Equipment was $90,000.
6. On April 1, 2020, Imagine issued at par value 50 $1,000, 11% bonds maturing on April 1, 2024. Interest is paid on April 1 and October 1.
7. On August 1, 2020, Imagine purchased at par value 18 $1,000, 12% Legume Inc. bonds, maturing on July 31, 2022. Interest is paid on July 31 and January 31.
8. On May 30, 2020, Imagine rented a warehouse for $1,100 per month and debited Prepaid Rent for an advance payment of $13,200.
9. Imagine’s FV-NI investments consist of shares with total market value of $9,400 as at December 31, 2020.
10. The FV-OCI investment is an investment of 500 shares in Yop Inc., with current market value of $25 per share as of December 31, 2020.

(a)

Prepare the year-end adjusting and correcting entries for December 31, 2020, using the information given. Record the adjusting entry for inventory using a Cost of Goods Sold account.

In: Accounting

In 2020, Ace Corporation reports gross income of $200,000 (including $150,000 of profit from its operations...

In 2020, Ace Corporation reports gross income of $200,000 (including $150,000 of profit from its operations and $50,000 in dividends from less-than-20%-owned domestic corporations) and $230,000 of operating expenses.

A. What is Ace’s NOL for 2020

B. Assume that Ace expects 2021’s taxable income to be $20,000 and 2022’s taxable income to be $100,000, both before any NOL deduction in the carryover year. What NOL deductions can Ace expect to claim in 2021 and 2022

C. How would your answer to Part b change if, in addition to the 2020 NOL, Ace also had a $5,000 NOL carryover from a loss occurring before 2018?

In: Accounting

CASE STUDY: NETFLIX USES TECHNOLOGY TO CHANGE HOW WE WATCH VIDEOS (Please refer to your textbook...


CASE STUDY: NETFLIX USES TECHNOLOGY TO CHANGE HOW WE
WATCH VIDEOS (Please refer to your textbook Page 100-101)
When Netflix was founded in 1997 in the US, the movie rental giant Blockbuster had thousands of stores from coast to coast, filled to the rafters with video cassettes ready for immediate rental to customers. Netflix had a different vision from this well-established, well-financed competitor. Looking at the recent development of DVD technology, Netflix saw an opportunity to change the way consumers rent movies. The entrepreneurial company built its marketing strategy around the convenience and low cost of renting DVDs by mail, for one low monthly subscription fee.
Instead of going to a local store to
onto the Netflix website to browse the DVD offerings and click to rent. Within a day or two, the DVD would arrive in the customer’s mailbox, complete with a self- mailer to return the DVD. And, unlike any other movie rental service, Netflix customers were invited to rate each movie via the Netflix website, after which they’d see recommendations tailored to their individual interests.
Fast-forward to the 21st century. Video cassettes are all but obsolete, and Blockbuster, once the dominant brand in movie rentals, is closing down in the US as consumer demand moves to digital distribution for entertainment. In Australia both Blockbuster and Video Ezy still have a brand presence, but their future is uncertain. Both brands have been prompted to reassess their distribution channels. You may notice more DVD rental ‘kiosks’ such as ‘Video Ezy Express’ popping up in convenient locations including outside supermarkets and shopping complexes, in a bid to improve brand reach and accessibility. DVD rental kiosks, like online services, are accessible around the clock and reduce many store costs including wages. In contrast, by completely eliminating the need for brick-and-mortar stores or kiosks, Netflix has minimised its costs and extended its reach to any place that has postal service and Internet access. The company still rents DVDs by mail, but it has also taken advantage of changes in technology to add video streaming on demand. Now customers can stream movies and television programs to computers, television sets, videogame consoles, DVD players, Smartphones and other web-enabled devices. One advantage to the company is that streaming a movie costs Netflix less per customer than paying the postage to deliver and return a DVD to that customer.
Netflix made technology a core competency from the very beginning. Because the business has always been web-based, it can electronically monitor customer activity and analyse everything that customers view or click on. With this data, it can fine-tune the website, determine which movies are most popular among which segments, prepare for peak periods of online activity, and refine the recommendations it makes based on each
individual’s viewing history and interests. The company also uses its technical know- how to be sure the website looks good on any size screen, from a tiny Smartphone to a large-screen television.
A few years ago, planning for a significant rise in demand for streaming entertainment, Netflix decided against investing in expanded systems for this purpose. Instead, it arranged for Amazon Web Services to provide the networking power for streaming. Now, on a typical night in the US, Netflix streaming occupies up to 20,000 servers in Amazon data centres. Demand is so strong, in fact, that Netflix streaming accounts for about one- third of all Internet traffic to North American homes during the evening. The Australian market, however, may pose technological hurdles, as the National Broadband Network is still being rolled out, meaning that accessibility may not be as straightforward as it is in the US.
Although Blockbuster and Video Ezy are no longer a competitive threat in their traditional form, Netflix does face competition from Amazon’s own video streaming service ‘Amazon Prime Video’, which will be heading towards Australia and New Zealand’s shores in 2017. Other direct competitors include well-established Hulu, YouTube, Nine Entertainment and Fairfax media’s joint-venture STAN, and Foxtel’s movie streaming service Presto. It also competes with other entertainment
2
Copyright 2018 Cengage Learning. MKT1100 Human Resources Management T1-2020 Dr Chowdhury Hossan Ozford Institute of Higher Education

providers, including cable, satellite and broadcast television. Foxtel, for example, has dramatically reduced its basic cable packages in an effort to retain their share of the market in the face of increasing competition from on-demand services. To differentiate itself, Netflix has commissioned exclusive programming such as House of Cards, Arrested Development, and Orange is the New Black. The cost to produce such programs runs to hundreds of millions of dollars. Yet Netflix plans to continue pouring money into exclusive content because of the payoff in positioning, positive publicity and customer retention.
In addition, the way Netflix releases its exclusive programming reflects its in-depth knowledge of customer behaviour. The company found, through data analysis, that customers often indulge in ‘binge watching’ for a series they like, viewing episodes one after another in a short time. Based on this research, Netflix launched all 13 episodes of the inaugural season of House of Cards at one time, an industry first. Executives gathered at headquarters to monitor the introduction, cheering as thousands of customers streamed episode after episode. By the end of the first weekend, many customers had watched the entire series and shared their excitement via social media, encouraging others to subscribe and watch. When Netflix won multiple Emmy Awards for House of Cards later that year, it was another first – the first time any Internet company had been honoured for the quality of its original programming.
One key measure of Netflix’s growth is change in the number of monthly subscribers. In 2015 Netflix had about 70 million subscribers worldwide, of which 26 million are located outside of the US. Netflix estimates that by 2020 there will be over 100 million non-US subscribers. Despite the brand only launching in Australia in March 2015, it already has close to two million subscribers. Their closest direct competitor STAN has a little over 300,000 subscribers. Keys to Netflix’s successful launch include offering free trials and access to stripped-back free versions, as well as continued investment in original programming. It appears that streaming is the new broadcasting and ‘on-demand’ spells the demise of scheduled entertainment.51
Your Task:
Part 1: Prepare a case study report on the situation outlined in the case study in your textbook Page (100-101). If the case does not have specific details you feel are relevant, you can make assumptions as long as these are clearly identified at the beginning of your case study.

In relation to the case study, you need to address all questions below:
1. When Netflix originally entered the movie rental business, was it competing on the basis of a first-mover advantage or a late-mover advantage? Did it rely on the same advantage when it began streaming original content? ( introduction and conclusion)
2. How does Netflix use its marketing mix to create a sustainable competitive advantage? (introduction and conclusion)
3. What performance standards do you think Netflix uses to evaluate the outcome of its
marketing strategies?( introduction and conclusion)

In: Finance

You are Marketing Manager for Bud Beer, produced by the Budweiser Division of Anheuser-Busch, the brewing...

You are Marketing Manager for Bud Beer, produced by the Budweiser Division of

Anheuser-Busch, the brewing company with the highest market share in the United States. The

second-highest market share belongs to Miller’s Beer, produced by Miller Brewer Company. So you know that Miller’s is your most-important competitor. You also know that watching football on TV makes beer more enjoyable. Therefore Bud sales (the demand for Bud Beer—quantity of Bud Beer demanded, number of six-packs per week) depends on the price of Bud beer (dollars per six-pack), the price of Miller’s Beer (dollars per six-pack), and TV football (number of football games on TV per week). Currently, the level of Bud sales is eight million six-packs weekly.

Here are three scenarios, which are independent of each other; so they should be answered separately. Parts (a) and (b) of scenarios 1 and 2 are each worth one point, and scenario 3 is worth one point. Thus a total maximum point score of five.

Scenario 1. The CEO asks you to predict the increase in Bud sales if Bud price is reduced by ten percent. You have to make a sensible prediction.

(a) In the context of this scenario, what elasticity information do you need? (i) Name this elasticity (ii) Define this elasticity.

(b) What assumptions must you make using this elasticity for your prediction? Explain your answer.

Scenario 2. The CEO has learned that Miller will reduce the price of its beer by five percent. The CEO wants to know the effect on Bud sales if she does not reduce the price of Bud beer and if TV football is unchanged. Your staff informs you that the cross-price elasticity of the demand for Bud beer with respect to the price of Miller’s beer is 2.

(a) Why is this elasticity positive (+2) rather than negative (-2)? Explain thoroughly.

(b) What is the new level of Bud sales (number of six-packs per week)? Show your computation.

Hint: Be sure to distinguish between the change in sales and the new level of sales.

Scenario 3. The National Football League announces that TV football will increase from 95 games to 105 games. Your staff informs you that, assuming the price of Bud beer and the price of Miller’s beer do not change, Bud sales will increase from eight million to ten million weekly.

Using the “midpoint method,” compute the “elasticity of demand for Bud beer with respect to TV football.” Show your computation.

In: Economics

***SHOW ALL WORK*** You are Marketing Manager for Bud Beer, produced by the Budweiser Division of...

***SHOW ALL WORK*** You are Marketing Manager for Bud Beer, produced by the Budweiser Division of Anheuser-Busch, the brewing company with the highest market share in the United States. The second-highest market share belongs to Miller’s Beer, produced by Miller Brewer Company. So you know that Miller’s is your most-important competitor. You also know that watching football on TV makes beer more enjoyable. Therefore Bud sales (the demand for Bud Beer—quantity of Bud Beer demanded, number of six-packs per week) depends on the price of Bud beer (dollars per six-pack), the price of Miller’s Beer (dollars per six-pack), and TV football (number of football games on TV per week). Currently, the level of Bud sales is eight million six-packs weekly. Here are three scenarios, which are independent of each other; so they should be answered separately. Parts (a) and (b) of scenarios 1 and 2 are each worth one point, and scenario 3 is worth one point. Thus a total maximum point score of five. Scenario 1. The CEO asks you to predict the increase in Bud sales if Bud price is reduced by ten percent. You have to make a sensible prediction. (a) In the context of this scenario, what elasticity information do you need? (i) Name this elasticity (ii) Define this elasticity. (b) What assumptions must you make using this elasticity for your prediction? Explain your answer. Scenario 2. The CEO has learned that Miller will reduce the price of its beer by five percent. The CEO wants to know the effect on Bud sales if she does not reduce the price of Bud beer and if TV football is unchanged. Your staff informs you that the cross-price elasticity of the demand for Bud beer with respect to the price of Miller’s beer is 2. (a) Why is this elasticity positive (+2) rather than negative (-2)? Explain thoroughly. (b) What is the new level of Bud sales (number of six-packs per week)? Show your computation. Hint: Be sure to distinguish between the change in sales and the new level of sales. Scenario 3. The National Football League announces that TV football will increase from 95 games to 105 games. Your staff informs you that, assuming the price of Bud beer and the price of Miller’s beer do not change, Bud sales will increase from eight million to ten million weekly. Using the “midpoint method,” compute the “elasticity of demand for Bud beer with respect to TV football.” Show your computation.

In: Economics