John Doe Company is a manufacturing company. It normally takes 20 days to turn finished goods into sales and another 40 days to receive payments from commercial customers. The company pays its suppliers usually 30 days after receiving the supplies. What is the company's cash conversion cycle?

CCC =   days

A small appliances rental company in CT has several branches. It is renting TVs and other small home appliances to its customers. New appliances are recorded in the system before they are offered for rent. The first time a customer rents an item she/he needs to provide the necessary personal and payment card details. A deposit equal to the double amount of the estimated total of the rental bill (including insurance premium for possible damage) is charged to the card on the first day of a rental. Upon return of the appliance the actual price for the rental is charged to the customer card and the deposit is returned to the customer. A text message to customers who are overdue for more than 3 days is generated every day. The current system is run on old standalone PCs that are not connected in a central system. The owner of the company requested a software expert to develop a new centralized system that keeps track of all rentals.

Task 1. Formulate only the section on business requirements (as part of the System Request document) for the new system. (0.7 p)

Task 2. If you are the project manager, explain to the owner of the company why you will be using a Gantt chart in the management of the new project. Explain also why you will be using a PERT chart in the management of the new project. (0.7p)

Answer the tasks in the box below numbering correspondingly your answers.

FASB and IASB recently delayed the effective date of their revenue standard.

1. What new information is available regarding FASB's and/or IASB's progress toward addressing the underlying reason that prompted the delay?

2.How prevalent is sustainability reporting in (a) the U.S. and (b) globally? In citing specific statistics, indicate the size of the company to which the information pertains.

3. What standards or guidelines should accounting professionals involved in sustainability reporting be familiar with?

How much experience do supply-chain transportation managers have in their field? Suppose in an effort to estimate this, 41 supply-chain transportation managers are surveyed and asked how many years of managerial experience they have in transportation. Survey results (in years) are shown below. Use these data to construct a 99% confidence interval to estimate the mean number of years of experience in transportation. Assume that years of experience in transportation is normally distributed in the population.

(Round the intermediate values to 3 decimal places. Round your answers to 3 decimal places.)

  ≤ μ ≤  

TOTAL ASSETS $_____________ = TOTAL LIABILITIES AND OWNER’S EQUITY $____________

A. Elvis Li opened a business bank account for his cleaning supplies company on March 1 with a deposit of $10,000.

B. Elvis Li Cleaning Supplies Co. sold $1,900 supplies to its customers on account. Cost of supplies sold was $1,200.

C. Elvis Li Cleaning Supplies Co. bought inventory for $10,000 on account suppliers on March 7.

D. Elvis Li Cleaning Supplies Co. sold inventory on account to customers on March 15 for $3,000. Cost of supplies sold was $2,500.

E. Elvis Li Cleaning Supplies Co. paid trucking fee of $500 in cash on March 16 to deliver goods to customers.

F. Elvis Li withdrew $4,000 cash from the company for personal use on March 29.

G. Company paid March trucking fee of $3,000 in cash on March 29.

H. On March 30, Elvis Li invested $5,000 more of his own cash in Elvis Li Cleaning Supplies Co.

The revenue and cost functions for a particular product are given below. The cost and revenue are given in dollars, and x represents the number of units .

R(x) = −0.8x² + 704x

C(x) = 264x + 57120

(a) How many items must be sold to maximize the revenue?
________________
(b) What is the maximum revenue?
________________

(c) Find the profit function.
P(x) = ___________

(d) How many items must be sold to maximize the profit?

_______________

(e) What is the maximum profit?

________________

(f) At what production level(s) will the company break even on this product? (Enter your answers as a comma-separated list.)
units

________________

Explain revenue, marginal revenue, and marginal cost. Provide some examples.

In your initial post, choose one manufacturing company (e.g., Boeing, Nike, and Ford) and one large retail company (e.g., Walmart, Walgreens, Amazon). Analyze the differences in the supply chain organizational environments (e.g., customers, stakeholders, business operations, etc.).