Questions
discuss the practical steps for developing a technology roadmap. (please NO PLAGIRISM and if possible please...

discuss the practical steps for developing a technology roadmap. (please NO PLAGIRISM and if possible please paste the journal link. word limit 300 - 350 ) and the course is ORGANIZATION LEADERSHIP AND DECISION MAKING so write in means of it. THANK YOU

In: Operations Management

Please answer the following! Discuss the role of ethics in advertising and promotion. How do ethical...

Please answer the following! Discuss the role of ethics in advertising and promotion. How do ethical considerations differ from legal considerations in developing an integrated marketing communications program? Provide an example. In 250-350 words please

In: Operations Management

ABOUT WALMART What kind of strategies did the international and national competition use to earn market...

ABOUT WALMART

What kind of strategies did the international and national competition use to earn market power?

Note: Answer has to be in 350 words. please do not copy and paste.please do not copy and paste from online!

In: Operations Management

For years, the drug Vioxx, developed and marketed by Merck, was one of the blockbuster drugs...

For years, the drug Vioxx, developed and marketed by Merck, was one of the blockbuster drugs on the market. One of a number of so-called Cox-2 anti-inflammatory drugs, Vioxx was considered by many people a miracle drug for alleviating the pain from arthritis and other painful afflictions. Vioxx was marketed heavily on television, prescribed by most physicians, and used by an estimated two million Americans. All of that changed in October 2004, when the results of a large study were released. The study, which followed approximately 2600 subjects over a period of about 18 months, concluded that Vioxx use over a long period of time caused a significant increase in the risk of developing serious heart problems. Merck almost immediately pulled Vioxx from the American market and doctors stopped prescribing it. On the basis of the study, Merck faced not only public embarrassment but the prospect of huge financial losses.

More specifically, the study had 1287 patients use Vioxx for an 18 period, and it had another 1299 patients use a placebo over the same period. After 18 months, 45 of the Vioxx patients had developed serious heart problems, whereas only 25 patients on the placebo developed such problems.

*Given these results, would you agree with the conclusion that Viozz caused a significant increase in the risk of developing serious heart problems? First, answer this from a purely statistical point of significant means statistically significant. *What hypothesis should you test, and how should you run the test?

*When you run the test, what is the corresponding p-value? Next, look at it from the point of view of patients. *If you were a Vioxx user, would these results cause you significant worry? After all, some of the subjects who took placebos also developed heart problems, and 45 might not be considered that much larger than 25 . Finally, look at it from Merck’s point of view. *Are the results practically significant to the company?* What does it stand to lose? *Develop an estimate, no matter how wild it might be, of the financial losses Merck might incur. Just think of all of those American Vioxx users and what they might do.

In: Statistics and Probability

Hawkins Incorporated (“the Company”), incorporated in Tennessee, is principally engaged in the manufacture and sale of...

Hawkins Incorporated (“the Company”), incorporated in Tennessee, is principally engaged in the manufacture and sale of clothing. The Company has three lines of business: (1) outerwear, (2) t-shirts, and (3) tank tops. Hawkins was extremely successful in its early years when it partnered with colleges and universities to create outerwear, t-shirts, and tank tops for athletes, students, and alumni. This partnership also enabled Hawkins to hire a group of college graduates with a proven track record and a passion for investing in the stock market. Together, Hawkins and these graduates created a new investment department in 2017. Hawkins management set aside a portion of the previous years’ profits for the investment department to invest in equity and debt securities for the Company. Hawkins has three investments remaining in the department’s portfolio as of December 31, 2017. Hawkins classified all equity and debt securities as either available for sale or held to maturity under the Company’s investment policy.

The accounting department is preparing financial statements for the fiscal year ended December 31, 2017, and the auditors have asked Hawkins whether any of its investments are other-than-temporarily impaired. The CFO of Hawkins needs to present the investment department’s financial results at the next operating committee meeting so the committee can decide whether to continue the investment program and if so, determine the amount of funds that should be allocated. In looking at the accounting records provided by the accounting department, the CFO is beginning to question the investment department’s expertise because all investments have declined in value relative to each investment’s original purchase price.

The accounting manager compiled the following information about each of the investments in order to determine whether the investment is other-than-temporarily impaired as of December 31, 2017. Each investment is classified as long term in the December 31, 2017 balance sheet.

Hawkins purchased 50 shares of Willis Co. common stock on April 5, 2017, at $100 a share and classified its investment as available for sale. In July, the share price dropped to $75, and from August through November, the price fluctuated between $70 and $80 per share. On December 31, 2017, the price was $82. On February 18, 2018, the date Hawkins’ financial statements are issued, the price of the stock was $87.

On February 11, 2017, Hawkins purchased bonds issued by Mulder Co. As of December 31, 2017, the amortized cost of the bonds is $1,500 and the fair value is $30. Mulder Co. is going through a restructuring because it was significantly affected by a hurricane in August. Hawkins does not believe the restructuring will ultimately be successful.

Hawkins owns a debt security issued by Briscoe Incorporated with an amortized cost of $800 and a fair value of $720 at December 31, 2017.

The present value of the cash flows Hawkins expects to receive, taking into consideration the credit quality of Briscoe, discounted at the security’s original effective interest rate is $740 at December 31, 2017. Hawkins intends to sell this security prior to maturity.

Required:

1.    Assuming Hawkins has determined its investment in Willis Co. stock is other-than-temporarily impaired, how much should be recorded as an impairment charge as of December 31, 2017?

2.    Assuming the same facts as in (1), but Hawkins has not yet determined whether an impairment exists or the amount of any possible impairment. For Willis Co. stock, would Hawkins still conclude that the investment is other-than-temporarily impaired, and would the impairment charge as of December 31, 2017, be different if the stock price at issuance of the financial statements (February 18, 2018) was $95 instead of $87.

3.    For the Mulder Co. bonds, should Hawkins record an other-than-temporary impairment at December 31, 2017? Why or Why not?

4.    For the Briscoe debt security, what amount, if any, should be recorded as the other-than-temporary impairment at December 31, 2017? Does the answer change if Hawkins does not intend to sell the security and it is more likely than not that it will not be required to sell the security?

Be sure to provide authoritative support for the positions taken on these investments.

In: Accounting

Hawkins Incorporated (“the Company”), incorporated in Tennessee, is principally engaged in the manufacture and sale of...

Hawkins Incorporated (“the Company”), incorporated in Tennessee, is principally engaged in the manufacture and sale of clothing. The Company has three lines of business: (1) outerwear, (2) t-shirts, and (3) tank tops. Hawkins was extremely successful in its early years when it partnered with colleges and universities to create outerwear, t-shirts, and tank tops for athletes, students, and alumni. This partnership also enabled Hawkins to hire a group of college graduates with a proven track record and a passion for investing in the stock market. Together, Hawkins and these graduates created a new investment department in 2017. Hawkins management set aside a portion of the previous years’ profits for the investment department to invest in equity and debt securities for the Company. Hawkins has three investments remaining in the department’s portfolio as of December 31, 2017. Hawkins classified all equity and debt securities as either available for sale or held to maturity under the Company’s investment policy.

The accounting department is preparing financial statements for the fiscal year ended December 31, 2017, and the auditors have asked Hawkins whether any of its investments are other-than-temporarily impaired. The CFO of Hawkins needs to present the investment department’s financial results at the next operating committee meeting so the committee can decide whether to continue the investment program and if so, determine the amount of funds that should be allocated. In looking at the accounting records provided by the accounting department, the CFO is beginning to question the investment department’s expertise because all investments have declined in value relative to each investment’s original purchase price.

The accounting manager compiled the following information about each of the investments in order to determine whether the investment is other-than-temporarily impaired as of December 31, 2017. Each investment is classified as long term in the December 31, 2017 balance sheet.

Hawkins purchased 50 shares of Willis Co. common stock on April 5, 2017, at $100 a share and classified its investment as available for sale. In July, the share price dropped to $75, and from August through November, the price fluctuated between $70 and $80 per share. On December 31, 2017, the price was $82. On February 18, 2018, the date Hawkins’ financial statements are issued, the price of the stock was $87.

On February 11, 2017, Hawkins purchased bonds issued by Mulder Co. As of December 31, 2017, the amortized cost of the bonds is $1,500 and the fair value is $30. Mulder Co. is going through a restructuring because it was significantly affected by a hurricane in August. Hawkins does not believe the restructuring will ultimately be successful.

Hawkins owns a debt security issued by Briscoe Incorporated with an amortized cost of $800 and a fair value of $720 at December 31, 2017.

The present value of the cash flows Hawkins expects to receive, taking into consideration the credit quality of Briscoe, discounted at the security’s original effective interest rate is $740 at December 31, 2017.Hawkins intends to sell this security prior to maturity.

Required:

1. Assuming Hawkins has determined its investment in Willis Co. stock is other-than-temporarily impaired, how much should be recorded as an impairment charge as of December 31, 2017?

2. Assuming the same facts as in (1), but Hawkins has not yet determined whether an impairment exists or the amount of any possible impairment. For Willis Co. stock, would Hawkins still conclude that the investment is other-than-temporarily impaired, and would the impairment charge as of December 31, 2017, be different if the stock price at issuance of the financial statements (February 18, 2018) was $95 instead of $87.

3. For the Mulder Co. bonds, should Hawkins record an other-than-temporary impairment at December 31, 2017? Why or Why not?

4. For the Briscoe debt security, what amount, if any, should be recorded as the other-than-temporary impairment at December 31, 2017? Does the answer change if Hawkins does not intend to sell the security and it is more likely than not that it will not be required to sell the security?

Be sure to provide authoritative support for the positions taken on these investments.

In: Accounting

ACTG 4650 Assignment 5 Due March 14 Hawkins Incorporated (“the Company”), incorporated in Tennessee, is principally...

ACTG 4650

Assignment 5

Due March 14

Hawkins Incorporated (“the Company”), incorporated in Tennessee, is principally engaged in the manufacture and sale of clothing. The Company has three lines of business: (1) outerwear, (2) t-shirts, and (3) tank tops. Hawkins was extremely successful in its early years when it partnered with colleges and universities to create outerwear, t-shirts, and tank tops for athletes, students, and alumni. This partnership also enabled Hawkins to hire a group of college graduates with a proven track record and a passion for investing in the stock market. Together, Hawkins and these graduates created a new investment department in 2017. Hawkins management set aside a portion of the previous years’ profits for the investment department to invest in equity and debt securities for the Company. Hawkins has three investments remaining in the department’s portfolio as of December 31, 2017. Hawkins classified all equity and debt securities as either available for sale or held to maturity under the Company’s investment policy.

The accounting department is preparing financial statements for the fiscal year ended December 31, 2017, and the auditors have asked Hawkins whether any of its investments are other-than-temporarily impaired. The CFO of Hawkins needs to present the investment department’s financial results at the next operating committee meeting so the committee can decide whether to continue the investment program and if so, determine the amount of funds that should be allocated. In looking at the accounting records provided by the accounting department, the CFO is beginning to question the investment department’s expertise because all investments have declined in value relative to each investment’s original purchase price.

The accounting manager compiled the following information about each of the investments in order to determine whether the investment is other-than-temporarily impaired as of December 31, 2017. Each investment is classified as long term in the December 31, 2017 balance sheet.

Hawkins purchased 50 shares of Willis Co. common stock on April 5, 2017, at $100 a share and classified its investment as available for sale. In July, the share price dropped to $75, and from August through November, the price fluctuated between $70 and $80 per share. On December 31, 2017, the price was $82. On February 18, 2018, the date Hawkins’ financial statements are issued, the price of the stock was $87.

On February 11, 2017, Hawkins purchased bonds issued by Mulder Co. As of December 31, 2017, the amortized cost of the bonds is $1,500 and the fair value is $30. Mulder Co. is going through a restructuring because it was significantly affected by a hurricane in August. Hawkins does not believe the restructuring will ultimately be successful.

Hawkins owns a debt security issued by Briscoe Incorporated with an amortized cost of $800 and a fair value of $720 at December 31, 2017.

The present value of the cash flows Hawkins expects to receive, taking into consideration the credit quality of Briscoe, discounted at the security’s original effective interest rate is $740 at December 31, 2017. Hawkins intends to sell this security prior to maturity.

Required:

1.    Assuming Hawkins has determined its investment in Willis Co. stock is other-than-temporarily impaired, how much should be recorded as an impairment charge as of December 31, 2017?

2.    Assuming the same facts as in (1), but Hawkins has not yet determined whether an impairment exists or the amount of any possible impairment. For Willis Co. stock, would Hawkins still conclude that the investment is other-than-temporarily impaired, and would the impairment charge as of December 31, 2017, be different if the stock price at issuance of the financial statements (February 18, 2018) was $95 instead of $87.

3.    For the Mulder Co. bonds, should Hawkins record an other-than-temporary impairment at December 31, 2017? Why or Why not?

4.    For the Briscoe debt security, what amount, if any, should be recorded as the other-than-temporary impairment at December 31, 2017? Does the answer change if Hawkins does not intend to sell the security and it is more likely than not that it will not be required to sell the security?

Be sure to provide authoritative support for the positions taken on these investments. Use codification sites.

In: Accounting

Hawkins Incorporated (“the Company”), incorporated in Tennessee, is principally engaged in the manufacture and sale of...

Hawkins Incorporated (“the Company”), incorporated in Tennessee, is principally engaged in the manufacture and sale of clothing. The Company has three lines of business: (1) outerwear, (2) t-shirts, and (3) tank tops. Hawkins was extremely successful in its early years when it partnered with colleges and universities to create outerwear, t-shirts, and tank tops for athletes, students, and alumni. This partnership also enabled Hawkins to hire a group of college graduates with a proven track record and a passion for investing in the stock market. Together, Hawkins and these graduates created a new investment department in 2017. Hawkins management set aside a portion of the previous years’ profits for the investment department to invest in equity and debt securities for the Company. Hawkins has three investments remaining in the department’s portfolio as of December 31, 2017. Hawkins classified all equity and debt securities as either available for sale or held to maturity under the Company’s investment policy.

The accounting department is preparing financial statements for the fiscal year ended December 31, 2017, and the auditors have asked Hawkins whether any of its investments are other-than-temporarily impaired. The CFO of Hawkins needs to present the investment department’s financial results at the next operating committee meeting so the committee can decide whether to continue the investment program and if so, determine the amount of funds that should be allocated. In looking at the accounting records provided by the accounting department, the CFO is beginning to question the investment department’s expertise because all investments have declined in value relative to each investment’s original purchase price.

The accounting manager compiled the following information about each of the investments in order to determine whether the investment is other-than-temporarily impaired as of December 31, 2017. Each investment is classified as long term in the December 31, 2017 balance sheet.

Hawkins purchased 50 shares of Willis Co. common stock on April 5, 2017, at $100 a share and classified its investment as available for sale. In July, the share price dropped to $75, and from August through November, the price fluctuated between $70 and $80 per share. On December 31, 2017, the price was $82. On February 18, 2018, the date Hawkins’ financial statements are issued, the price of the stock was $87.

On February 11, 2017, Hawkins purchased bonds issued by Mulder Co. As of December 31, 2017, the amortized cost of the bonds is $1,500 and the fair value is $30. Mulder Co. is going through a restructuring because it was significantly affected by a hurricane in August. Hawkins does not believe the restructuring will ultimately be successful.

Hawkins owns a debt security issued by Briscoe Incorporated with an amortized cost of $800 and a fair value of $720 at December 31, 2017.

The present value of the cash flows Hawkins expects to receive, taking into consideration the credit quality of Briscoe, discounted at the security’s original effective interest rate is $740 at December 31, 2017.Hawkins intends to sell this security prior to maturity.

Required:

Assuming Hawkins has determined its investment in Willis Co. stock is other-than-temporarily impaired, how much should be recorded as an impairment charge as of December 31, 2017?

Assuming the same facts as in (1), but Hawkins has not yet determined whether an impairment exists or the amount of any possible impairment. For Willis Co. stock, would Hawkins still conclude that the investment is other-than-temporarily impaired, and would the impairment charge as of December 31, 2017, be different if the stock price at issuance of the financial statements (February 18, 2018) was $95 instead of $87.

For the Mulder Co. bonds, should Hawkins record an other-than-temporary impairment at December 31, 2017? Why or Why not?

For the Briscoe debt security, what amount, if any, should be recorded as the other-than-temporary impairment at December 31, 2017? Does the answer change if Hawkins does not intend to sell the security and it is more likely than not that it will not be required to sell the security?

Be sure to provide authoritative support for the positions taken on these investments.

In: Accounting

During the financial crisis at the end of the last decade, Merrill Lynch was acquired by...

During the financial crisis at the end of the last decade, Merrill Lynch was acquired by Bank of America for $50 billion. The reason for the acquisition was that Merrill Lynch was unsure it could survive the crisis on its own. Bank of America received government assistance during the financial crisis from (and was thus covered by) TARP (the Troubled Asset Relief Program). So too then was Merrill Lynch. One initial consequence of TARP coverage was that some employees, including some high-level, high-revenue generating employees, began to leave larger financial institutions like Merrill Lynch/Bank of America to go to so-called “boutique” financial services firms, which had not received TARP money and thus were not covered by TARP restrictions on compensation. Another initial reaction was an increase in base salary levels and a decrease in bonus levels, apparently in response to all of the negative publicity bonuses had received and as a way to get around TARP restrictions. One senior executive at a company receiving TARP money and now paying smaller bonuses and bigger salaries, however, questioned whether the TARP-induced greater emphasis on base pay made sense: So, “You’re going to overpay them regularly, instead of just sometimes?” However, now that some time has passed, the economy has recovered (somewhat), and the stock market has bounced back, Merrill Lynch (as we saw earlier) and other financial services companies are making money again. At Merrill Lynch, there is always a lot of action and discussion around compensation strategy. Merrill introduced a plan to expand its number of financial advisors by 8% (about 1,200 people). Where would they come from? Other firms? How would Merrill get them to move? By offering unusually high up-front signing bonuses and decentralizing authority to make such offers. Traditionally, top brokers from other firms can receive 1.5 times their pay at the firm they are leaving. Merrill was not the only firm looking to add top brokers. Indeed, what was described as a “bidding war” broke out, and signing bonuses were reported to have gone as high as three to four times previous pay in some cases. Why the bidding war? “Wealth management firms make the bulk of their profits on the top 10 percent of their producers” according to compensation attorney Katten Muchin. And, very wealthy clients tend to be more loyal to their advisors than to the advisors’ firms. At Merrill, there are some concerns among financial advisors. First, in the non-Merrill part of Bank of America, brokers are under a discretionary bonus system rather than an (objective) incentive system where pay is based on a formula. Merrill financial advisors fear that Bank of America wants to extend that system to cover them. Second, and likely related, non-Merrill brokers at B of A are expected to cross-sell—in other words, to push products sold by other parts of the bank. The opportunities for such synergies are typically seen as a source of competitive advantage for a large, diversified financial intsitution such as B of A. However, cross-selling performance (and cooperation) is difficult to assess objectively. Thus, subjective evaluations are likely necessary. Merrill brokers appear to be opposed to cross-selling, both because they are concerned it could undermine their relationships with their clients and they prefer to have their pay determined by objective measures.

Answer the following questions

> What is the likely result of bidding wars of this type for top brokers? Will most firms benefit? Who will be the winners and losers? What about the brokers?
> Explain why there is such a strong relationship between pay and performance for brokers. Why isn’t this true of many other jobs?
> Should Bank of America change its compensation strategy to include more subjective assessments of performance and a greater emphasis on cross-selling? What effect might this have on its success in the bidding war for top brokers?
> In chapter 1, we talked about incentive and sorting effects of pay strategies. Describe the incentive and sorting effects at Merrill Lynch and how changes to the compensation strategy might affect them.

In: Finance

What makes early detection of an ovarian tumor so difficult? Are there any steps that can...

What makes early detection of an ovarian tumor so difficult? Are there any steps that can be taken in order to prevent or reduce the chances of developing an ovarian tumor?

In: Nursing