Provide a serval paragrahs explaining the managerial action, cost of initiatives, and how the action affecte the company.

San Antonio, Texas (JULY 12, 2018) – Taco Cabana has been making significant moves this year, rolling out a series of menu upgrades, event programs and service enhancements to deliver on its promise of high quality, fresh cuisine and an overall better guest experience. The improvements come as a result of TC’s strategic brand renewal, which launched in late 2017.

“Our guests have more dining options than ever before, so listening to their feedback is crucial in earning their loyalty,” explained Chuck Locke, President of Taco Cabana. “We want them to know that we’re listening and striving to create an amazing dining experience for them every time they visit our restaurants.”

As part of its overall renewal, a total of 97 core products have been improved via ingredient and quality upgrades, affecting almost 90 percent of Taco Cabana’s menu. Key enhancements include TC’s shift to USDA Choice Steak and No Antibiotics Ever (NAE) Chicken, as well as the introduction of “Loaded Taco” options across multiple proteins that provide a chef-inspired combination of flavors and ingredients. The latest addition is TC’s new ground beef tacos, which are made in-house and based on the restaurant’s original recipe. Starting this August, guests can enjoy two soft ground-beef tacos for $3.99.

“This renewal journey has resulted from a combination of factors. Fans who have been loyal to us for years were raising concerns that our food wasn’t hitting the same standard of quality we’ve always been known for,” said Locke. “We’ve also had new management join the company, myself included, who have added their expertise to our processes, cuisine and training. This new perspective has been invaluable in taking TC to the next level.”

Revisiting its roots as the “Original Mexican Patio Cafe,” Taco Cabana has amplified its patio program, rolling out live entertainment, karaoke, game nights and other fun activities for guests. To complement the patio experience, TC has also ramped up its alcoholic beverage selection by adding Frozen Raspberry Vodka Lemonade made with Tito’s Handmade Vodka, and rotating seasonal Margarita flavors made with 100% Agave Lunazul Tequila. Additional alcoholic drink specials are planned for the remainder of the year.

To improve its guest service and efficiency, Taco Cabana will be testing in-restaurant self-order kiosks this Fall and has also completed the system-wide launch of its new digital menu boards. In addition, TC has been steadily introducing new cooking platforms across its locations, such as Combi Ovens, to improve product taste and consistency.

TC is also embracing new forms of digital communication, with the launch of its MyTC! Loyalty program this Fall, which will provide exclusive offers, news and rewards to its members. Guests can join by visiting tacocabana.com/mytc.

“If you grew up loving Taco Cabana, but haven’t visited us in a while, we hope you come see what we’ve been up to. And if you’ve never tried us at all, we ask that you give us a shot! We’ve done a lot to make our recipes and overall brand experience better than ever,” says Locke.

Taco Cabana continues to expand its footprint across Texas, adding seven (7) new locations this year in San Antonio, Katy, Hurst, Terrell and Baytown. Additional locations are also planned for 2019. Along with this growth plan, TC has dedicated specific resources to improving the environment and overall appearance of its restaurants – inside and out. The restaurant chain will also be celebrating its 40^th Anniversary on September 21, 2018, with a series of events and specials planned for the entire month.

Review the basic requirements for a valid contract listed at the beginning of this chapter. Now consider the relationship entered into when a student enrolls in a college or university.

1. One group should analyze and discuss whether a contract has been formed between the student and the college or university.

2. A second group should assume that there is a contract and explain whether it is bilateral or unilateral

1. The "endowment effect" suggest that we will fight harder to get what we do not have than we will to keep what we have in our possession already.
   True
   False
2. Heterodox economics suggests that the hyper-rational nexus of individual consumer behavior may be challenged and ultimately indicates that "fairness" may play into our decision making.
   True
   False
3. The idea that we spend ten dollars found differently than ten dollars hard-earned is indicative of (would support) the hyper-rational decision making model of consumer behavior.
   True
   False
4. A consumer who is rational equates the "marginal utility per dollar" for all goods consumed.
   True
   False
5. By definition, 'indifference curves' cannot cross (intersect).
   True
   False
6. If we increase the budget constraint from $10 to $40 and the budget is being fully allocated between goods where the price of the "Y" good is $2.00 per unit and the price of the "X" good is $4.00 per unit--we would expect the "relative price of good X" to increase. [NOTE: The "Relative Price of Good X would be solved as: $X / $Y (which is the "slope of the Income Constraint)]."
   True
   False
7. If the 'absolute price' (the ticket price) of good "X" DECREASES--we would expect to see the "relative price of good X" to INCREASE.
   True
   False
8. All market baskets--bundles of goods containing the same "total utility" are said to be on the same indifference curve.
   True
   False
9. From the "tangent solution" to the "budget constraint--indifference curve model" we solve: Px/Py = MUx/MUy (indicating that the relative price of good "X" is equal to the MRS) and from this solution we can prove that the MUx/Px = MUy/Py (indicating that the "utils per dollar X" = "utils per dollar Y") and the consumer will be maximizing their total utility given both the objective and subjective constraints on their behavior.
   True
   False
10. A "util" is clearly defined and easily measured in empirical economics as all individuals experience the world similarly.
   True
   False
12. The income elasticity coefficient for an "inferior good" is always positive.
   True
   False
13. The value or magnitude of the "price elasticity of demand coefficient" (Ed) is measured (solved) as the coefficient of "slope" of the relevant demand curve.
   True
   False
14. The cross elasticity of demand coefficient is "less than zero" for complement goods like film and cameras.
   True
   False
15. We would expect the "cross elasticity of demand" coefficient to be positive between Pepsi and Dr. Pepper.
   True
   False

Tatum Company has four products in its inventory. Information about December 31, 2018, inventory is as follows:

Assignment:

1. Determine the carrying value of inventory at December 31, 2018, assuming the lower of cost or net realizable value (LCNRV) rule is applied to individual products.
   
2. Assuming that inventory write-downs are common for Tatum Company, record any necessary year-end adjusting entry.

When an individual dies, their tax obligations are passed on through the estate. Also if the estate is to expensive a tax might be owed. Lets say I owned a business worth $100 million dollars and I have 25% stake in the company.

Lets say 100% of the what I own in the company will be taxable and I am married and it will be filed jointly.

Company's net income is $17.5 million.

If I was selling the company how much estate tax attributable would I be facing filing jointly?

Also any tax laws that you reccomend to ensure that what ever is owed is reduced?

Journalizing and Posting Transactions and Adjustments
D. Roulstone opened Roulstone Roofing Service on April 1. Transactions for April follow.

Using the following accounts: Cash; Accounts Receivable; Supplies; Prepaid Insurance; Trucks; Accumulated Depreciation-Trucks; Equipment; Accumulated Depreciation-Equipment; Accounts Payable; Unearned Roofing Fees; Common Stock; Roofing Fees Earned; Fuel Expense; Advertising Expense; Wages Expense; Insurance Expense; Supplies Expense; Depreciation Expense-Trucks; and Depreciation Expense-Equipment.

b. Record these transactions for April using journal entries.

c. Post the above journal entries from part b. to their T-accounts.

Enter transactions in the T-accounts in the order they appear, using the first available answer box on the appropriate side of the T-account.

• Record insurance expense for April.
• Supplies still available on April 30 was $200.
• Record depreciation expense of $125 for truck for April.
• Record depreciation expense of $35 for equipment for April.
• One-fourth of roofing fee received April 5, was earned by April 30.

1. A large producer of household products purchases a glyceride used in one of its deodorant soaps from outside of the company at a cost of $1.5 per pound. It uses the glyceride at a fairly steady rate of 40 pounds per month, and the company uses a 23 percent annual interest rate to compute holding costs. The chemical can be purchased from a supplier who charges a delivery fee that varies on the ordering quantity as follows:

Assume that the cost of order processing is $150. What is the optimal order quantity and the corresponding annual total cost?

As you might expect, there has been a spirited discussion about which method is most effective in terms of the effectiveness of delivering course content, student and faculty acceptance of different modes of instruction and the cost to the state of using different delivery methods. As a result of this discussion, five questions have arisen that require the use of statistics to answer them. They are:

1. Does student learning as indicated by average grades suffer if they are taught using alternative modes of instruction: traditional in-class teaching, on-line learning, or mixed on-line/in-class method?

2. Do students have a preference for which type of learning to which they are exposed?

3. Is the acceptance of students of on-line methods independent of their majors?

4. Is the proportion of faculty members favoring on-line or mixed delivery the same for all colleges within the university?

5. Does the average amount of additional instructor time required to deliver courses on-line differ according to the type of courses?

- In order to determine which type of instruction students prefer, the university surveyed 620 students studying at Tennessee universities who have been exposed to different types of instruction. The results are shown in the Table below:

Please provide a statistical analysis. You are required to submit the following information:

1.) The null and alternative hypotheses being tested.

2.) The Critical test statistic (F or Chi-Square) from the appropriate table. If it required using the Tukey- Kramer method, show the Q score from the table AND the critical value that you used to make your decisions. Also, specify which mean or means are not equal.

3.) The calculated value that you arrived at and the p-Value.

4.) Your decision, reject or do not reject.

5.) A separate part of the answer must be a memo sheet written in word that answers each of the 5 questions and explains why you answered as you did using the results of your statistical testing.

Management of Baldwin Equipment Inc. is considering increasing the productivity of its plant. Management heard from suppliers that a certain piece of equipment could have an after-tax cash flow savings of more than $35,000 a year if it was installed in Baldwin’s plant. However, Jim Henderson, the controller of the company, is unsure whether the company should buy or lease the equipment. If the asset is leased for a 10-year period, it would cost the company $45,000 a year (before tax). The company’s income tax rate is 50%. If the company buys the asset, it would cost $300,000 and be financed entirely through debt for 10 years at a cost of 10%.The asset’s capital cost allowance is 25% (declining basis). On the basis of this information, Jim is now considering whether to purchase or lease the equipment. He is consid- ering doing a sensitivity analysis regarding the two options by modifying some of the data in the information presented above.

Question On the basis of the following, calculate the effect that each individual change would have on the decision.

Changes to the base case (the information given above) are as follows: • • • Capital cost allowance would be increased to 40%. The interest on the loan would be 8%. The company would be able to sell the asset for $50,000 in the tenth year.

Scenario:

With several coronavirus COVID-19 outbreaks on cruise ships around the world, such as Hong Kong, Japan, Egypt and USA, the confident level took a further hit as the US Department of State issued advice on 8 March for U.S. citizens to stay away from cruise ship. While the international cruise industry will be expecting a bitter winter in the coming months, the Hong Kong cruise industry is even on a complete halt. Cruise Line International Association suggested its member cruise lines to ban all passengers who are travelling from Hong Kong. All together these made Hong Kong’s still developing cruise industry suffers yet another blow.  

Your tasks:

In view of these challenges, you are required to critically evaluate the current impact to the Hong Kong cruise industry, and suggest a revival plan once the bans are lifted. In your essay, you should include:

• A summary of current situation
• Identify the challenges faced by the industry now, you may compare it with the 2003 SARS outbreak
• Suggestions to revive the industry in short, medium and long term