You are the Director of Global Compliance for a U.S. company that just created a revolutionary new portable personal computer (PPC) that is half the size of a laptop, performs the same functions as existing laptop computers but costs only half as much to manufacture. Several patents were filed and approved protect the unique design of this computer. Your CEO asked you to formulate a recommendation for how to expand into South America. Evaluate the pros and cons if you were to license a South American firm to manufacture and market the computer in South America

Suppose the first population is all Zoom meetings held in March 2020, the second population is all face-to-face meetings held in March 2020, and the parameter of interest is μ1 – μ2 = the difference in the mean number of people attending all Zoom meetings and the mean number of people attending all face-to-face meetings. For both Zoom meetings and face-to-face meetings the distributions are skewed heavily to the right due to some meetings that have many people in attendance.

It is known that the standard deviation of the number of people attending all Zoom meetings in March 2020 is 7.5, and that the standard deviation of the number of people attending all face-to-face meetings in March 2020 is 6.8. A simple random sample of 84 Zoom meetings from March 2020 was selected, and the mean number of people attending this sample of 84 meetings was 21.6. An independent simple random sample of 51 face-to-face meetings in March 2020 was selected, and the mean number of people attending this sample of 51 meetings was 17.4. If appropriate, use this information to calculate and interpret a 99% confidence interval for the difference in the mean number of people attending all Zoom meetings in March 2020 and the mean number of people attending all face-to-face meetings in March 2020.

On 1 November 2019, Pink Ltd issued a prospectus inviting applications for 200 000 ordinary shares to the public at an issue price of $4, payable as follows:
$2 on application (due by closing date of 1 February 2020)
$1 on allotment (due 31 March 2020)
$1 on future call/calls to be determined by the directors
By 1 February 2020, applications had been received for 250 000 ordinary shares of which applicants for 100 000 shares forwarded the full $4 per share and the remainder forwarded only the application money.
At a directors’ meeting on 15 February 2020, it was decided to allot shares in full to applicants who had paid $4 on application, to reject applications for 10 000 shares and to proportionally allocate shares to all remaining applicants. According to the company’s constitution, all surplus money from application can be transferred to Allotment and/or Call accounts. Share issue costs of $3 000 were also paid on 15 February 2020. All outstanding allotment money was received by 31 March 2020.
The call for $1 was made on 1 July 2020 with money due by 1 September 2020. All money was received by the due date.

Required:
Prepare the journal entries to record these transactions of Pink Ltd.

Montoure Company uses a perpetual inventory system. It entered into the following calendar-year purchases and sales transactions

Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, (c) weighted average, and (d) specific identification. For specific identification, units sold consist of 600 units from beginning inventory, 380 from the February 10 purchase, 120 from the March 13 purchase, 130 from the August 21 purchase, and 205 from the September 5 purchase. (Round your average cost per unit to 2 decimal places.)

Compute gross profit earned by the company for each of the four costing methods

Solve the following and show steps please:

On February 1^st, 2016 Heinz Baking Company (HNZ) announced that they were going to be acquired by Best Foods, Inc. (BFI) in a stock swap transaction. Specifically, each share of Heinz Baking Company would be exchanged for 1.62 shares in Best Foods. At the close of trading on the announcement date, HNZ was trading at $37.62 per share, and BFI was priced at $24.48 per share. Best Foods stock does not currently pay a dividend.

a- At announcement, what was the arbitrage spread? (5.42%)

b- If you want to undertake the typical M&A arbitrage strategy and buy a parcel of 3 million shares in HNZ, what trade would you make in the stock of BFI? (Short sell 4.86 million shares in BFI)

c- What would your dollar profit on the announcement date be from the trade described in b. above? ($6,112,800)

d- Sixty days after announcement, the stock price of BFI has risen 4%, but the price of stock in HNZ is unchanged from where it closed at announcement. What is the arbitrage spread at this time? (9.64%)

4. Sky Metals, Inc. is a metal fabrication firm that manufactures prefabricated metal parts for customers in a variety of industries. The firm’s motto is “If you need it, we can make it.” The CEO of Sky Metals recently held a board meeting during which he extolled the virtues of the corporation. The company, he stated confidently, had the capability to build any product and could do so using a lean manufacturing model. The firm would soon be profitable, claimed the CEO, because the company used state-of-the-art technology to build a variety of products while keeping inventory levels low. As a business press reporter, you have calculated some ratios to analyze the financial health of the firm. Sky Metals' current ratios and quick ratios for the past 6 years are shown in the following table:

What do you think of the CEO’s claim that the firm is lean and soon to be profitable?

5. If we know that a firm has a net profit margin of 4.5%, total asset turnover of 0.72, and a financial leverage multiplier of 1.43, what is its ROE? What is the advantage to using the DuPont system to calculate ROE over the direct calculation of earnings available for common stockholders divided by common stock equity?

Part A Star Berhad is a company which is involved in oil and gas production. Permata Biru Berhad (PBB), as the dominant shareholder, controls the selection and appointment of Star Berhad’s executive directors including the Chief Executive Officer (CEO). Star Berhad has gained public attention due to a project cost overrun scandal involving various malpractices. The internal auditor has issued a report on the loss of RM500 million to the company’s audit committee. However, the CEO explained that the losses were insignificant. No further investigations were conducted although ES, the company’s external auditor, has delayed signing off the accounts. Star Berhad’s board members were aware of the losses but they relied on the CEO’s explanation. Furthermore, none of the audit committee members have finance or accounting backgrounds and so they did not fully understand the company’s financial statements

. Required: a) Discuss the issues in Star Berhad.

b) Did the board members execute their roles effectively? Justify your answer.

c) If you were one of the board members of Star Berhad, what should you do when you got to know about the issues in the company?

Part B Justify the rationale of having two different individuals for the positions of chairman and the chief executive officer, respectively. Discuss.

please answer me before 5.30 . thank you

Due to the global pandemic, as you are no doubt aware, students of all ages around the world are learning online through various platforms and technology.
In the business world those employees who can work at home are as we continue to contain the spread of the virus.
Working at home or remotely is also called telecommuting or as your reading refers to it, flexible working arrangement (FWA).
In the first part of the module, we are looking at organizational structures. Traditional hierarchical structures would not be comfortable with such an arrangement; however, the trend today is to empower employees encouraging them to participate in decision making.
As advantages in technology progressed, telecommuting became popular several years ago. However, when the CEO of Yahoo brought all telecommuting employees back to the office, telecommuting seemed to lose its popularity with other companies. The Yahoo CEO felt that more brainstorming and collaboration would occur when employees were together in an actual physical location.
For Discussion: Here are some bullet points to be discussed. answer all questions.

Once the pandemic is over, do you think that working remotely will be popular again? Will employees want to continue?

Have you worked remotely? If so, share your thoughts?

What are advantages of telecommuting to the employee?

What are advantages of telecommuting to a company?

What are disadvantages to the employee?

What are disadvantages to the company?

What kind of manager would be comfortable with a telecommuting arrangement?

Any additional thoughts on the topic

Exercise 13-11 - TOPIC - Non-Financial and Current Liabilities

Martinez Limited began operations on January 2, 2019. The company employs 6 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:

Martinez Limited has chosen to accrue the cost of compensated absences at rates of pay in effect during the period when they are earned and to accrue sick pay when it is earned. For the purpose of this question, ignore any tax, CPP, and EI deductions when making payments to the employees.

A.) Prepare the journal entries to record the transactions related to vacation entitlement during 2019 and 2020.

B.) Prepare the journal entries to record the transactions related to sick days during 2019 and 2020.

C.) Calculate the amounts of any liability for vacation pay and sick days that should be reported on the SFP at December 31, 2019, and 2020.

D.)Prepare the journal entries to record the transactions related to sick days during 2019 and 2020 assuming the entitlement to sick days did not accumulate.

E.) Calculate the amounts of any liability for vacation pay and sick days that should be reported on the statement of financial position at December 31, 2019, and 2020 assuming the entitlement to sick days did not accumulate.